Can I retire at age 45 with 552,000?

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 $552,000?

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$45,584$45,178$44,781$44,395$44,017$43,217
2 years$22,566$22,146$21,739$21,344$20,961$20,157
3 years$14,895$14,473$14,066$13,675$13,298$12,517
4 years$11,060$10,639$10,237$9,852$9,484$8,731
5 years$8,759$8,341$7,944$7,567$7,210$6,486
6 years$7,226$6,811$6,420$6,052$5,705$5,012
7 years$6,132$5,720$5,335$4,975$4,640$3,978
8 years$5,311$4,903$4,525$4,174$3,849$3,218
9 years$4,673$4,269$3,897$3,555$3,241$2,641
10 years$4,163$3,763$3,397$3,065$2,762$2,192
11 years$3,746$3,350$2,991$2,667$2,375$1,835
12 years$3,399$3,007$2,655$2,339$2,058$1,546
13 years$3,105$2,717$2,372$2,065$1,795$1,311
14 years$2,854$2,470$2,131$1,833$1,573$1,116
15 years$2,636$2,256$1,924$1,635$1,385$954
16 years$2,446$2,070$1,744$1,464$1,224$818
17 years$2,278$1,906$1,587$1,315$1,086$704
18 years$2,129$1,762$1,449$1,185$965$606
19 years$1,996$1,633$1,326$1,071$860$524
20 years$1,876$1,517$1,217$970$769$453
21 years$1,768$1,413$1,120$880$688$392
22 years$1,670$1,319$1,032$801$616$340
23 years$1,580$1,234$953$729$553$295
24 years$1,498$1,156$881$665$497$257
25 years$1,423$1,085$816$607$448$223
26 years$1,354$1,020$757$555$403$194
27 years$1,290$960$703$508$363$169
28 years$1,230$904$653$466$328$147
29 years$1,175$853$608$427$296$128
30 years$1,124$806$566$392$268$112
31 years$1,076$761$528$360$242$98
32 years$1,031$721$493$331$219$85
33 years$989$682$460$304$198$74
34 years$949$647$430$280$179$65
35 years$912$613$402$258$162$57
36 years$877$582$376$237$147$49
37 years$844$553$352$219$133$43
38 years$812$526$330$202$121$38
39 years$783$500$309$186$110$33
40 years$755$475$289$171$99$29
41 years$728$453$271$158$90$25
42 years$703$431$255$146$82$22
43 years$679$411$239$135$74$19
44 years$656$391$224$124$67$17
45 years$634$373$210$115$61$15
46 years$613$356$198$106$56$13
47 years$593$340$186$98$50$11
48 years$574$324$175$91$46$10
49 years$556$310$164$84$42$9
50 years$539$296$154$77$38$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $552,000, adding $4,077 every year, while hoping to spend $28,274 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: 38/41/21 Blend
44$552,000$552,000$552,000$552,000
45$612,509$583,253$574,697$631,798
46$644,902$581,750$563,866$644,625
47$679,651$579,224$551,725$655,517
48$716,967$575,598$538,199$666,713
49$757,081$570,786$523,212$678,255
50$800,247$564,697$506,683$690,194
51$846,742$557,238$488,528$702,586
52$896,874$548,307$468,657$715,499
53$950,978$537,796$446,980$729,005
54$1,009,422$525,593$423,399$743,191
55$1,072,614$511,578$397,813$758,152
56$1,140,999$495,623$370,118$773,998
57$1,215,066$477,594$340,203$790,853
58$1,295,356$457,349$307,952$808,857
59$1,382,460$434,737$273,246$828,165
60$1,477,031$409,599$235,960$848,957
61$1,579,785$381,766$195,961$871,431
62$1,691,510$351,061$153,114$895,811
63$1,813,076$317,294$107,275$922,349
64$1,945,436$280,267$58,294$951,327
65$2,089,640$239,770$6,017$983,059
66$2,246,845$195,581$0$1,017,900
67$2,418,322$147,463$0$1,067,398
68$2,605,473$95,171$0$1,123,004
69$2,809,838$38,442$0$1,183,902
70$3,033,115$0$0$1,250,683
71$3,277,171$0$0$1,334,381
72$3,544,064$0$0$1,444,949
73$3,836,057$0$0$1,565,990
74$4,155,643$0$0$1,698,548
75$4,505,570$0$0$1,843,770
76$4,888,859$0$0$2,002,923
77$5,308,842$0$0$2,177,398
78$5,769,184$0$0$2,368,730
79$6,273,924$0$0$2,578,609
80$6,827,511$0$0$2,808,896
81$7,434,843$0$0$3,061,642
82$8,101,318$0$0$3,339,104
83$8,832,879$0$0$3,643,770
84$9,636,074$0$0$3,978,381
85$10,518,115$0$0$4,345,954
86$11,486,948$0$0$4,749,817
87$12,551,325$0$0$5,193,631
88$13,720,889$0$0$5,681,433
89$15,006,263$0$0$6,217,670
90$16,419,149$0$0$6,807,240
91$17,972,440$0$0$7,455,540
92$19,680,340$0$0$8,168,517
93$21,558,500$0$0$8,952,721
94$23,624,162$0$0$9,815,371
95$25,896,321$0$0$10,764,420
96$28,395,910$0$0$11,808,630
97$31,145,988$0$0$12,957,656
98$34,171,966$0$0$14,222,136
99$37,501,841$0$0$15,613,791
100$41,166,458$0$0$17,145,536