Can I retire at age 45 with 530,000?

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 $530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$43,767$43,377$42,997$42,625$42,263$40,586
2 years$21,667$21,263$20,872$20,493$20,125$18,457
3 years$14,301$13,896$13,506$13,130$12,768$11,160
4 years$10,619$10,215$9,829$9,459$9,106$7,572
5 years$8,410$8,009$7,627$7,266$6,923$5,465
6 years$6,938$6,540$6,164$5,811$5,478$4,098
7 years$5,887$5,492$5,122$4,777$4,455$3,152
8 years$5,099$4,708$4,344$4,007$3,696$2,469
9 years$4,487$4,099$3,742$3,413$3,112$1,960
10 years$3,997$3,613$3,262$2,942$2,652$1,571
11 years$3,597$3,216$2,872$2,561$2,281$1,269
12 years$3,263$2,887$2,549$2,246$1,976$1,032
13 years$2,981$2,609$2,277$1,983$1,723$843
14 years$2,740$2,371$2,046$1,760$1,511$691
15 years$2,531$2,166$1,847$1,570$1,330$568
16 years$2,348$1,988$1,675$1,406$1,176$468
17 years$2,187$1,830$1,524$1,263$1,042$387
18 years$2,044$1,691$1,391$1,138$927$320
19 years$1,916$1,568$1,274$1,028$826$265
20 years$1,801$1,457$1,169$931$738$220
21 years$1,697$1,357$1,075$845$660$183
22 years$1,603$1,267$991$769$592$152
23 years$1,517$1,185$915$700$531$126
24 years$1,439$1,110$846$638$478$105
25 years$1,366$1,042$784$583$430$87
26 years$1,300$979$727$533$387$73
27 years$1,238$921$675$488$349$61
28 years$1,181$868$627$447$315$50
29 years$1,128$819$584$410$284$42
30 years$1,079$773$544$376$257$35
31 years$1,033$731$507$346$232$29
32 years$990$692$473$318$210$24
33 years$949$655$442$292$190$20
34 years$911$621$413$269$172$17
35 years$875$589$386$247$156$14
36 years$842$559$361$228$141$12
37 years$810$531$338$210$128$10
38 years$780$505$316$193$116$8
39 years$752$480$296$178$105$7
40 years$725$456$278$165$95$6
41 years$699$435$261$152$87$5
42 years$675$414$244$140$79$4
43 years$652$394$229$129$71$3
44 years$630$376$215$119$65$3
45 years$609$358$202$110$59$2
46 years$589$342$190$102$53$2
47 years$570$326$178$94$48$2
48 years$552$311$168$87$44$1
49 years$534$297$158$80$40$1
50 years$517$284$148$74$36$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $530,000, adding $2,673 every year, while hoping to spend $32,820 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: 49/36/15 Blend
44$530,000$530,000$530,000$530,000
45$586,817$558,727$550,512$613,010
46$611,752$551,185$534,034$623,809
47$638,131$542,172$515,904$631,919
48$666,065$531,584$496,032$640,006
49$695,679$519,306$474,324$648,080
50$727,106$505,220$450,681$656,152
51$760,493$489,198$425,001$664,240
52$796,001$471,106$397,177$672,361
53$833,805$450,803$367,095$680,540
54$874,100$428,139$334,639$688,807
55$917,094$402,954$299,685$697,196
56$963,020$375,081$262,107$705,749
57$1,012,130$344,342$221,770$714,516
58$1,064,703$310,550$178,534$723,552
59$1,121,041$273,506$132,254$732,926
60$1,181,480$233,001$82,777$742,715
61$1,246,386$188,813$29,945$753,009
62$1,316,161$140,708$0$763,910
63$1,391,246$88,439$0$779,769
64$1,472,126$31,745$0$801,879
65$1,559,333$0$0$825,626
66$1,653,452$0$0$862,961
67$1,755,127$0$0$916,922
68$1,865,062$0$0$975,315
69$1,984,035$0$0$1,038,556
70$2,112,897$0$0$1,107,107
71$2,252,589$0$0$1,181,472
72$2,404,140$0$0$1,262,208
73$2,568,686$0$0$1,349,926
74$2,747,474$0$0$1,445,299
75$2,941,878$0$0$1,549,067
76$3,153,406$0$0$1,662,045
77$3,383,722$0$0$1,785,127
78$3,634,652$0$0$1,919,301
79$3,908,210$0$0$2,065,652
80$4,206,610$0$0$2,225,374
81$4,532,289$0$0$2,399,782
82$4,887,930$0$0$2,590,322
83$5,276,488$0$0$2,798,590
84$5,701,212$0$0$3,026,339
85$6,165,684$0$0$3,275,500
86$6,673,845$0$0$3,548,201
87$7,230,036$0$0$3,846,783
88$7,839,034$0$0$4,173,825
89$8,506,104$0$0$4,532,168
90$9,237,041$0$0$4,924,939
91$10,038,228$0$0$5,355,584
92$10,916,695$0$0$5,827,895
93$11,880,184$0$0$6,346,052
94$12,937,224$0$0$6,914,659
95$14,097,207$0$0$7,538,784
96$15,370,481$0$0$8,224,014
97$16,768,442$0$0$8,976,499
98$18,303,646$0$0$9,803,018
99$19,989,923$0$0$10,711,035
100$21,842,508$0$0$11,708,776