Can I retire at age 45 with 537,000?

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 $537,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$44,345$43,950$43,565$43,188$42,821$41,484
2 years$21,953$21,544$21,148$20,764$20,391$19,055
3 years$14,490$14,079$13,684$13,303$12,937$11,645
4 years$10,759$10,350$9,958$9,584$9,227$7,989
5 years$8,521$8,114$7,728$7,362$7,014$5,833
6 years$7,030$6,626$6,246$5,887$5,550$4,427
7 years$5,965$5,564$5,190$4,840$4,514$3,449
8 years$5,167$4,770$4,402$4,060$3,744$2,737
9 years$4,546$4,153$3,791$3,459$3,153$2,202
10 years$4,050$3,661$3,305$2,981$2,687$1,790
11 years$3,644$3,259$2,910$2,595$2,311$1,467
12 years$3,306$2,925$2,582$2,276$2,002$1,210
13 years$3,021$2,643$2,307$2,009$1,746$1,003
14 years$2,776$2,403$2,073$1,784$1,531$835
15 years$2,564$2,195$1,872$1,591$1,348$698
16 years$2,379$2,014$1,697$1,424$1,191$584
17 years$2,216$1,855$1,544$1,280$1,056$491
18 years$2,071$1,714$1,410$1,153$939$413
19 years$1,942$1,588$1,290$1,042$837$348
20 years$1,825$1,476$1,184$944$748$293
21 years$1,720$1,375$1,089$857$669$248
22 years$1,624$1,283$1,004$779$600$209
23 years$1,537$1,200$927$709$538$177
24 years$1,458$1,125$857$647$484$150
25 years$1,384$1,055$794$591$435$127
26 years$1,317$992$736$540$392$108
27 years$1,255$933$684$494$354$91
28 years$1,197$880$636$453$319$77
29 years$1,143$830$592$415$288$66
30 years$1,093$784$551$381$260$56
31 years$1,046$741$514$350$235$47
32 years$1,003$701$479$322$213$40
33 years$962$664$448$296$193$34
34 years$923$629$418$272$174$29
35 years$887$597$391$251$158$25
36 years$853$566$366$231$143$21
37 years$821$538$342$213$130$18
38 years$790$511$321$196$118$15
39 years$761$486$300$181$107$13
40 years$734$463$281$167$97$11
41 years$708$440$264$154$88$9
42 years$684$419$248$142$80$8
43 years$660$400$232$131$72$7
44 years$638$381$218$121$66$6
45 years$617$363$205$112$60$5
46 years$597$346$192$103$54$4
47 years$577$331$181$95$49$3
48 years$559$316$170$88$45$3
49 years$541$301$160$81$41$3
50 years$524$288$150$75$37$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $537,000, adding $4,708 every year, while hoping to spend $31,265 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: 67/28/5 Blend
44$537,000$537,000$537,000$537,000
45$596,630$568,169$559,846$635,922
46$624,221$562,744$545,335$657,142
47$653,578$556,005$529,290$676,097
48$684,848$547,855$511,627$695,969
49$718,193$538,190$492,257$716,843
50$753,790$526,902$471,088$738,812
51$791,831$513,874$448,024$761,980
52$832,528$498,985$422,963$786,462
53$876,114$482,104$395,801$812,388
54$922,844$463,093$366,427$839,898
55$972,998$441,808$334,726$869,151
56$1,026,882$418,095$300,577$900,322
57$1,084,834$391,791$263,856$933,606
58$1,147,222$362,725$224,431$969,218
59$1,214,454$330,713$182,164$1,007,399
60$1,286,975$295,565$136,914$1,048,414
61$1,365,276$257,077$88,530$1,092,557
62$1,449,895$215,035$36,856$1,140,155
63$1,541,424$169,211$0$1,191,571
64$1,640,513$119,367$0$1,248,181
65$1,747,879$65,249$0$1,311,616
66$1,864,307$6,590$0$1,380,411
67$1,990,661$0$0$1,455,120
68$2,127,895$0$0$1,553,889
69$2,277,052$0$0$1,663,475
70$2,439,286$0$0$1,782,699
71$2,615,861$0$0$1,912,495
72$2,808,172$0$0$2,053,890
73$3,017,752$0$0$2,208,017
74$3,246,288$0$0$2,376,121
75$3,495,637$0$0$2,559,572
76$3,767,844$0$0$2,759,880
77$4,065,160$0$0$2,978,704
78$4,390,060$0$0$3,217,874
79$4,745,274$0$0$3,479,403
80$5,133,804$0$0$3,765,507
81$5,558,955$0$0$4,078,627
82$6,024,370$0$0$4,421,449
83$6,534,056$0$0$4,796,933
84$7,092,430$0$0$5,208,339
85$7,704,352$0$0$5,659,254
86$8,375,177$0$0$6,153,633
87$9,110,804$0$0$6,695,828
88$9,917,728$0$0$7,290,634
89$10,803,103$0$0$7,943,333
90$11,774,810$0$0$8,659,743
91$12,841,529$0$0$9,446,271
92$14,012,823$0$0$10,309,977
93$15,299,225$0$0$11,258,637
94$16,712,338$0$0$12,300,817
95$18,264,946$0$0$13,445,955
96$19,971,130$0$0$14,704,445
97$21,846,404$0$0$16,087,742
98$23,907,860$0$0$17,608,464
99$26,174,328$0$0$19,280,513
100$28,666,553$0$0$21,119,204