Can I retire at age 45 with 519,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $519,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$42,859$42,477$42,104$41,741$41,386$40,517
2 years$21,217$20,822$20,439$20,068$19,708$18,836
3 years$14,004$13,607$13,225$12,858$12,503$11,657
4 years$10,398$10,003$9,625$9,263$8,917$8,102
5 years$8,236$7,842$7,469$7,115$6,779$5,997
6 years$6,794$6,404$6,036$5,690$5,364$4,617
7 years$5,765$5,378$5,016$4,678$4,362$3,650
8 years$4,993$4,610$4,254$3,924$3,619$2,941
9 years$4,394$4,014$3,664$3,343$3,048$2,403
10 years$3,914$3,538$3,194$2,881$2,597$1,986
11 years$3,522$3,150$2,812$2,508$2,233$1,655
12 years$3,196$2,827$2,496$2,200$1,935$1,388
13 years$2,919$2,555$2,230$1,942$1,688$1,171
14 years$2,683$2,322$2,004$1,724$1,479$993
15 years$2,478$2,121$1,809$1,537$1,303$845
16 years$2,299$1,946$1,640$1,376$1,151$721
17 years$2,142$1,792$1,492$1,237$1,021$617
18 years$2,002$1,656$1,362$1,115$908$529
19 years$1,876$1,535$1,247$1,007$809$454
20 years$1,764$1,426$1,145$912$723$391
21 years$1,662$1,329$1,053$828$647$337
22 years$1,570$1,240$970$753$580$290
23 years$1,486$1,160$896$685$520$251
24 years$1,409$1,087$829$625$468$217
25 years$1,338$1,020$767$571$421$187
26 years$1,273$959$712$522$379$162
27 years$1,213$902$661$478$342$140
28 years$1,157$850$614$438$308$122
29 years$1,105$802$572$401$278$105
30 years$1,056$757$533$368$252$91
31 years$1,011$716$497$338$227$79
32 years$969$677$463$311$206$69
33 years$929$642$433$286$186$60
34 years$892$608$404$263$169$52
35 years$857$577$378$242$153$45
36 years$824$547$353$223$138$39
37 years$793$520$331$206$125$34
38 years$764$494$310$189$114$29
39 years$736$470$290$175$103$25
40 years$710$447$272$161$94$22
41 years$685$426$255$149$85$19
42 years$661$405$239$137$77$17
43 years$638$386$225$127$70$15
44 years$617$368$211$117$63$13
45 years$596$351$198$108$58$11
46 years$577$335$186$100$52$10
47 years$558$320$175$92$47$8
48 years$540$305$164$85$43$7
49 years$523$291$154$79$39$6
50 years$507$278$145$73$36$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $519,000, adding $3,700 every year, while hoping to spend $24,273 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 49/40/11 Blend
44$519,000$519,000$519,000$519,000
45$575,755$548,248$540,203$602,074
46$608,655$549,285$532,474$621,568
47$644,098$549,561$523,672$639,881
48$682,317$549,010$513,736$659,220
49$723,569$547,567$502,601$679,687
50$768,136$545,160$490,201$701,398
51$816,327$541,715$476,464$724,480
52$868,484$537,151$461,318$749,077
53$924,981$531,383$444,683$775,344
54$986,230$524,321$426,481$803,459
55$1,052,684$515,871$406,627$833,617
56$1,124,841$505,932$385,031$866,033
57$1,203,248$494,396$361,604$900,949
58$1,288,509$481,151$336,246$938,631
59$1,381,285$466,076$308,860$979,376
60$1,482,308$449,045$279,338$1,023,513
61$1,592,379$429,924$247,571$1,071,407
62$1,712,382$408,570$213,445$1,123,461
63$1,843,288$384,834$176,839$1,180,125
64$1,986,169$358,556$137,629$1,241,895
65$2,142,202$329,569$95,683$1,309,322
66$2,312,684$297,696$50,866$1,383,017
67$2,499,043$262,747$3,034$1,463,656
68$2,702,849$224,526$0$1,551,987
69$2,925,835$182,823$0$1,654,474
70$3,169,904$137,415$0$1,767,147
71$3,437,156$88,071$0$1,890,684
72$3,729,902$34,542$0$2,026,228
73$4,050,685$0$0$2,175,045
74$4,402,309$0$0$2,348,846
75$4,787,860$0$0$2,556,144
76$5,210,737$0$0$2,783,570
77$5,674,685$0$0$3,033,143
78$6,183,828$0$0$3,307,091
79$6,742,708$0$0$3,607,866
80$7,356,331$0$0$3,938,168
81$8,030,207$0$0$4,300,974
82$8,770,411$0$0$4,699,561
83$9,583,630$0$0$5,137,540
84$10,477,235$0$0$5,618,890
85$11,459,345$0$0$6,147,993
86$12,538,902$0$0$6,729,678
87$13,725,761$0$0$7,369,265
88$15,030,779$0$0$8,072,613
89$16,465,915$0$0$8,846,182
90$18,044,349$0$0$9,697,084
91$19,780,598$0$0$10,633,159
92$21,690,660$0$0$11,663,043
93$23,792,160$0$0$12,796,253
94$26,104,519$0$0$14,043,272
95$28,649,133$0$0$15,415,655
96$31,449,579$0$0$16,926,129
97$34,531,835$0$0$18,588,721
98$37,924,525$0$0$20,418,886
99$41,659,188$0$0$22,433,652
100$45,770,577$0$0$24,651,783