Can I retire at age 45 with 549,000?

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 $549,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$45,336$44,932$44,538$44,154$43,778$42,024
2 years$22,444$22,026$21,620$21,228$20,847$19,102
3 years$14,814$14,394$13,990$13,601$13,226$11,545
4 years$11,000$10,581$10,181$9,799$9,433$7,829
5 years$8,712$8,296$7,901$7,526$7,171$5,647
6 years$7,187$6,774$6,385$6,019$5,674$4,232
7 years$6,098$5,689$5,306$4,948$4,614$3,254
8 years$5,282$4,876$4,500$4,151$3,828$2,547
9 years$4,648$4,246$3,876$3,536$3,224$2,021
10 years$4,140$3,742$3,379$3,048$2,747$1,619
11 years$3,726$3,332$2,975$2,653$2,362$1,307
12 years$3,380$2,990$2,640$2,327$2,047$1,062
13 years$3,088$2,702$2,359$2,054$1,785$867
14 years$2,838$2,456$2,119$1,823$1,565$710
15 years$2,622$2,244$1,913$1,626$1,378$583
16 years$2,432$2,059$1,735$1,456$1,218$481
17 years$2,265$1,896$1,579$1,308$1,080$397
18 years$2,117$1,752$1,441$1,179$960$328
19 years$1,985$1,624$1,319$1,065$856$272
20 years$1,866$1,509$1,211$965$764$225
21 years$1,758$1,405$1,114$876$684$187
22 years$1,661$1,312$1,026$796$613$155
23 years$1,572$1,227$948$725$550$129
24 years$1,490$1,150$876$661$495$107
25 years$1,415$1,079$812$604$445$89
26 years$1,346$1,014$753$552$401$74
27 years$1,283$954$699$505$362$62
28 years$1,224$899$650$463$326$51
29 years$1,169$848$605$425$295$43
30 years$1,118$801$563$390$266$36
31 years$1,070$757$525$358$241$30
32 years$1,025$717$490$329$218$25
33 years$983$679$458$303$197$21
34 years$944$643$427$278$178$17
35 years$907$610$400$256$162$14
36 years$872$579$374$236$146$12
37 years$839$550$350$217$133$10
38 years$808$523$328$200$120$8
39 years$778$497$307$185$109$7
40 years$751$473$288$170$99$6
41 years$724$450$270$157$90$5
42 years$699$429$253$145$81$4
43 years$675$408$238$134$74$3
44 years$652$389$223$124$67$3
45 years$631$371$209$114$61$2
46 years$610$354$197$106$55$2
47 years$590$338$185$97$50$2
48 years$571$323$174$90$46$1
49 years$553$308$163$83$41$1
50 years$536$294$153$77$38$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $549,000, adding $4,927 every year, while hoping to spend $37,467 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: 68/5/27 Blend
44$549,000$549,000$549,000$549,000
45$610,080$580,983$572,474$646,977
46$632,444$569,587$551,787$661,000
47$655,833$556,376$529,152$671,619
48$680,312$541,223$504,462$682,383
49$705,952$523,991$477,610$693,308
50$732,829$504,537$448,480$704,411
51$761,026$482,708$416,953$715,713
52$790,633$458,343$382,903$727,239
53$821,747$431,271$346,200$739,015
54$854,475$401,313$306,707$751,074
55$888,932$368,277$264,282$763,453
56$925,243$331,962$218,775$776,195
57$963,545$292,156$170,032$789,346
58$1,003,988$248,633$117,889$802,962
59$1,046,734$201,156$62,178$817,105
60$1,091,961$149,472$2,721$831,847
61$1,139,863$93,318$0$847,266
62$1,190,651$32,413$0$880,949
63$1,244,557$0$0$917,476
64$1,301,833$0$0$958,080
65$1,362,758$0$0$1,003,185
66$1,427,633$0$0$1,051,232
67$1,496,790$0$0$1,102,470
68$1,570,593$0$0$1,157,172
69$1,649,439$0$0$1,215,633
70$1,733,765$0$0$1,278,181
71$1,824,049$0$0$1,345,174
72$1,920,815$0$0$1,417,003
73$2,024,639$0$0$1,494,100
74$2,136,152$0$0$1,576,936
75$2,256,046$0$0$1,666,030
76$2,385,083$0$0$1,761,951
77$2,524,098$0$0$1,865,325
78$2,674,008$0$0$1,976,839
79$2,835,821$0$0$2,097,246
80$3,010,644$0$0$2,227,375
81$3,199,695$0$0$2,368,139
82$3,404,311$0$0$2,520,538
83$3,625,962$0$0$2,685,674
84$3,866,266$0$0$2,864,756
85$4,127,000$0$0$3,059,117
86$4,410,120$0$0$3,270,221
87$4,717,777$0$0$3,499,678
88$5,052,336$0$0$3,749,261
89$5,416,400$0$0$4,020,918
90$5,812,833$0$0$4,316,795
91$6,244,788$0$0$4,639,253
92$6,715,732$0$0$4,990,888
93$7,229,482$0$0$5,374,562
94$7,790,241$0$0$5,793,420
95$8,402,632$0$0$6,250,927
96$9,071,748$0$0$6,750,896
97$9,803,193$0$0$7,297,528
98$10,603,138$0$0$7,895,444
99$11,478,378$0$0$8,549,735
100$12,436,395$0$0$9,266,006