Can I retire at age 45 with 535,000?

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 $535,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$44,180$43,786$43,402$43,028$42,662$41,886
2 years$21,871$21,464$21,069$20,686$20,315$19,536
3 years$14,436$14,027$13,633$13,254$12,889$12,131
4 years$10,719$10,311$9,921$9,549$9,192$8,462
5 years$8,490$8,084$7,699$7,334$6,988$6,287
6 years$7,004$6,601$6,222$5,865$5,529$4,858
7 years$5,943$5,544$5,171$4,822$4,497$3,856
8 years$5,147$4,752$4,385$4,045$3,731$3,119
9 years$4,529$4,137$3,777$3,446$3,142$2,560
10 years$4,035$3,647$3,293$2,970$2,677$2,124
11 years$3,631$3,247$2,899$2,585$2,302$1,778
12 years$3,294$2,914$2,573$2,267$1,995$1,499
13 years$3,009$2,633$2,299$2,002$1,740$1,270
14 years$2,766$2,394$2,065$1,777$1,525$1,082
15 years$2,555$2,187$1,865$1,585$1,343$925
16 years$2,370$2,006$1,691$1,419$1,187$793
17 years$2,208$1,848$1,538$1,275$1,052$682
18 years$2,063$1,707$1,404$1,149$936$588
19 years$1,934$1,582$1,286$1,038$834$507
20 years$1,818$1,470$1,180$940$745$439
21 years$1,714$1,370$1,085$853$667$380
22 years$1,618$1,279$1,000$776$597$330
23 years$1,532$1,196$924$707$536$286
24 years$1,452$1,120$854$644$482$249
25 years$1,379$1,051$791$589$434$216
26 years$1,312$988$734$538$391$188
27 years$1,250$930$681$493$352$164
28 years$1,192$876$633$451$318$143
29 years$1,139$827$589$414$287$124
30 years$1,089$781$549$380$259$108
31 years$1,042$738$512$349$234$95
32 years$999$698$478$321$212$83
33 years$958$661$446$295$192$72
34 years$920$627$417$271$174$63
35 years$884$595$389$250$157$55
36 years$850$564$364$230$143$48
37 years$818$536$341$212$129$42
38 years$787$509$319$195$117$37
39 years$759$484$299$180$106$32
40 years$731$461$280$166$96$28
41 years$706$439$263$153$87$24
42 years$681$418$247$141$79$21
43 years$658$398$231$131$72$19
44 years$636$379$217$121$65$16
45 years$615$362$204$111$59$14
46 years$594$345$192$103$54$12
47 years$575$329$180$95$49$11
48 years$557$314$169$88$44$9
49 years$539$300$159$81$40$8
50 years$522$287$149$75$37$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $535,000, adding $6,136 every year, while hoping to spend $27,557 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: 34/41/25 Blend
44$535,000$535,000$535,000$535,000
45$595,899$567,544$559,252$611,464
46$627,361$566,034$548,666$622,118
47$661,107$563,525$536,803$630,676
48$697,344$559,941$523,589$639,358
49$736,293$555,199$508,950$648,192
50$778,202$549,211$492,806$657,212
51$823,340$541,883$475,077$666,458
52$872,004$533,118$455,675$675,976
53$924,518$522,811$434,510$685,821
54$981,242$510,852$411,489$696,055
55$1,042,568$497,123$386,513$706,750
56$1,108,928$481,500$359,479$717,987
57$1,180,797$463,852$330,281$729,860
58$1,258,698$444,041$298,805$742,476
59$1,343,205$421,918$264,934$755,958
60$1,434,949$397,330$228,547$770,443
61$1,534,626$370,111$189,515$786,088
62$1,642,998$340,087$147,704$803,071
63$1,760,908$307,075$102,976$821,590
64$1,889,280$270,881$55,185$841,873
65$2,029,131$231,299$4,179$864,172
66$2,181,583$188,113$0$888,773
67$2,347,867$141,093$0$929,402
68$2,529,341$89,998$0$975,076
69$2,727,498$34,572$0$1,025,126
70$2,943,981$0$0$1,080,053
71$3,180,602$0$0$1,151,897
72$3,439,353$0$0$1,247,592
73$3,722,428$0$0$1,352,361
74$4,032,243$0$0$1,467,108
75$4,371,458$0$0$1,592,829
76$4,743,002$0$0$1,730,619
77$5,150,103$0$0$1,881,687
78$5,596,311$0$0$2,047,362
79$6,085,542$0$0$2,229,109
80$6,622,103$0$0$2,428,540
81$7,210,743$0$0$2,647,434
82$7,856,690$0$0$2,887,747
83$8,565,702$0$0$3,151,636
84$9,344,123$0$0$3,441,476
85$10,198,943$0$0$3,759,883
86$11,137,858$0$0$4,109,739
87$12,169,349$0$0$4,494,222
88$13,302,758$0$0$4,916,828
89$14,548,377$0$0$5,381,412
90$15,917,545$0$0$5,892,220
91$17,422,752$0$0$6,453,930
92$19,077,762$0$0$7,071,697
93$20,897,736$0$0$7,751,200
94$22,899,380$0$0$8,498,695
95$25,101,099$0$0$9,321,076
96$27,523,171$0$0$10,225,938
97$30,187,941$0$0$11,221,651
98$33,120,025$0$0$12,317,435
99$36,346,549$0$0$13,523,452
100$39,897,399$0$0$14,850,896