Can I retire at age 45 with 529,000?

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 $529,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$43,684$43,295$42,916$42,545$42,183$41,519
2 years$21,626$21,223$20,833$20,454$20,087$19,419
3 years$14,274$13,870$13,480$13,105$12,744$12,094
4 years$10,599$10,196$9,810$9,442$9,089$8,461
5 years$8,394$7,993$7,613$7,252$6,910$6,306
6 years$6,925$6,527$6,152$5,800$5,467$4,889
7 years$5,876$5,482$5,113$4,768$4,446$3,893
8 years$5,090$4,699$4,336$4,000$3,689$3,161
9 years$4,478$4,091$3,735$3,407$3,106$2,603
10 years$3,990$3,606$3,256$2,937$2,647$2,168
11 years$3,590$3,210$2,866$2,556$2,276$1,822
12 years$3,257$2,881$2,544$2,242$1,973$1,541
13 years$2,976$2,604$2,273$1,979$1,720$1,312
14 years$2,735$2,367$2,042$1,757$1,508$1,121
15 years$2,526$2,162$1,844$1,567$1,328$963
16 years$2,344$1,984$1,672$1,403$1,173$829
17 years$2,183$1,827$1,521$1,261$1,040$716
18 years$2,040$1,688$1,389$1,136$925$620
19 years$1,913$1,565$1,271$1,027$825$537
20 years$1,798$1,454$1,167$930$737$467
21 years$1,694$1,354$1,073$844$659$406
22 years$1,600$1,264$989$767$591$354
23 years$1,514$1,182$913$699$530$309
24 years$1,436$1,108$845$637$477$270
25 years$1,364$1,040$782$582$429$236
26 years$1,297$977$725$532$386$206
27 years$1,236$920$674$487$348$180
28 years$1,179$866$626$446$314$158
29 years$1,126$817$583$409$284$138
30 years$1,077$772$543$376$256$121
31 years$1,031$730$506$345$232$106
32 years$988$690$472$317$210$93
33 years$947$654$441$292$190$82
34 years$909$620$412$268$172$72
35 years$874$588$385$247$156$63
36 years$840$558$360$227$141$55
37 years$808$530$337$210$128$48
38 years$778$504$316$193$116$42
39 years$750$479$296$178$105$37
40 years$723$456$277$164$95$33
41 years$698$434$260$152$86$29
42 years$673$413$244$140$78$25
43 years$650$394$229$129$71$22
44 years$629$375$215$119$65$19
45 years$608$358$202$110$59$17
46 years$588$341$189$102$53$15
47 years$569$326$178$94$48$13
48 years$551$311$167$87$44$12
49 years$533$297$157$80$40$10
50 years$516$284$148$74$36$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $529,000, adding $5,497 every year, while hoping to spend $29,613 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: 68/8/24 Blend
44$529,000$529,000$529,000$529,000
45$588,628$560,591$552,392$624,693
46$617,160$556,552$539,389$645,533
47$647,610$551,323$524,958$664,414
48$680,142$544,813$509,020$684,375
49$714,936$536,929$491,491$705,525
50$752,190$527,569$472,287$727,981
51$792,120$516,626$451,315$751,875
52$834,965$503,989$428,482$777,351
53$880,983$489,537$403,689$804,570
54$930,463$473,143$376,832$833,711
55$983,717$454,675$347,803$864,971
56$1,041,092$433,989$316,489$898,569
57$1,102,965$410,936$282,773$934,746
58$1,169,753$385,358$246,532$973,772
59$1,241,913$357,086$207,637$1,015,944
60$1,319,949$325,943$165,953$1,061,588
61$1,404,412$291,743$121,340$1,111,070
62$1,495,910$254,286$73,653$1,164,792
63$1,595,110$213,364$22,738$1,223,198
64$1,702,747$168,755$0$1,286,781
65$1,819,629$120,225$0$1,364,177
66$1,946,644$67,529$0$1,454,636
67$2,084,768$10,405$0$1,553,040
68$2,235,078$0$0$1,660,170
69$2,398,756$0$0$1,781,415
70$2,577,103$0$0$1,914,554
71$2,771,553$0$0$2,059,743
72$2,983,681$0$0$2,218,163
73$3,215,223$0$0$2,391,115
74$3,468,090$0$0$2,580,028
75$3,744,384$0$0$2,786,479
76$4,046,420$0$0$3,012,201
77$4,376,747$0$0$3,259,105
78$4,738,172$0$0$3,529,291
79$5,133,784$0$0$3,825,076
80$5,566,987$0$0$4,149,009
81$6,041,528$0$0$4,503,897
82$6,561,534$0$0$4,892,832
83$7,131,548$0$0$5,319,218
84$7,756,577$0$0$5,786,806
85$8,442,134$0$0$6,299,727
86$9,194,291$0$0$6,862,529
87$10,019,737$0$0$7,480,225
88$10,925,838$0$0$8,158,334
89$11,920,710$0$0$8,902,936
90$13,013,293$0$0$9,720,730
91$14,213,434$0$0$10,619,094
92$15,531,983$0$0$11,606,157
93$16,980,890$0$0$12,690,874
94$18,573,322$0$0$13,883,111
95$20,323,784$0$0$15,193,734
96$22,248,257$0$0$16,634,720
97$24,364,346$0$0$18,219,260
98$26,691,450$0$0$19,961,889
99$29,250,939$0$0$21,878,620
100$32,066,361$0$0$23,987,097