Can I retire at age 45 with 613,000?

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 $613,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$50,621$50,170$49,730$49,301$48,881$47,374
2 years$25,060$24,593$24,141$23,702$23,277$21,771
3 years$16,541$16,072$15,621$15,186$14,768$13,311
4 years$12,282$11,815$11,368$10,941$10,533$9,136
5 years$9,727$9,263$8,822$8,404$8,007$6,674
6 years$8,025$7,564$7,129$6,720$6,335$5,068
7 years$6,809$6,352$5,925$5,525$5,152$3,950
8 years$5,898$5,445$5,025$4,635$4,274$3,137
9 years$5,189$4,741$4,328$3,948$3,600$2,525
10 years$4,623$4,179$3,773$3,403$3,067$2,054
11 years$4,160$3,720$3,322$2,962$2,638$1,685
12 years$3,774$3,339$2,948$2,598$2,286$1,390
13 years$3,448$3,017$2,634$2,294$1,993$1,154
14 years$3,169$2,743$2,366$2,036$1,747$961
15 years$2,927$2,506$2,137$1,816$1,538$803
16 years$2,716$2,299$1,937$1,626$1,360$673
17 years$2,530$2,117$1,763$1,461$1,206$566
18 years$2,364$1,956$1,609$1,316$1,072$476
19 years$2,216$1,813$1,473$1,190$955$402
20 years$2,083$1,685$1,352$1,077$853$339
21 years$1,963$1,569$1,243$978$764$287
22 years$1,854$1,465$1,146$889$685$242
23 years$1,755$1,370$1,058$810$615$205
24 years$1,664$1,284$979$738$552$174
25 years$1,580$1,205$906$674$497$147
26 years$1,503$1,132$841$617$448$125
27 years$1,432$1,066$781$564$404$106
28 years$1,366$1,004$726$517$364$90
29 years$1,305$947$675$474$329$76
30 years$1,248$895$629$435$297$65
31 years$1,194$846$586$400$269$55
32 years$1,145$800$547$367$243$47
33 years$1,098$758$511$338$220$40
34 years$1,054$718$477$311$199$34
35 years$1,013$681$446$286$180$29
36 years$974$647$417$263$163$24
37 years$937$614$391$243$148$21
38 years$902$584$366$224$134$18
39 years$869$555$343$206$122$15
40 years$838$528$321$190$110$13
41 years$809$503$301$176$100$11
42 years$780$479$283$162$91$9
43 years$754$456$265$150$83$8
44 years$728$435$249$138$75$7
45 years$704$415$234$128$68$6
46 years$681$395$220$118$62$5
47 years$659$377$206$109$56$4
48 years$638$360$194$101$51$3
49 years$618$344$182$93$46$3
50 years$599$329$171$86$42$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $613,000, adding $4,540 every year, while hoping to spend $48,282 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: 65/21/14 Blend
44$613,000$613,000$613,000$613,000
45$680,209$647,720$638,219$721,883
46$698,219$628,087$608,227$730,675
47$716,447$605,873$575,613$734,251
48$734,866$580,902$540,237$736,961
49$753,441$552,985$501,954$738,717
50$772,135$521,925$460,613$739,428
51$790,904$487,510$416,054$738,993
52$809,698$449,520$368,114$737,303
53$828,460$407,719$316,618$734,241
54$847,125$361,859$261,387$729,680
55$865,619$311,678$202,231$723,483
56$883,861$256,899$138,954$715,501
57$901,757$197,229$71,352$705,573
58$919,202$132,359$0$693,525
59$936,079$61,963$0$679,288
60$952,255$0$0$673,921
61$967,584$0$0$669,873
62$981,899$0$0$679,396
63$995,016$0$0$688,038
64$1,006,730$0$0$695,651
65$1,016,810$0$0$702,069
66$1,025,002$0$0$707,109
67$1,031,020$0$0$710,566
68$1,034,548$0$0$712,213
69$1,035,235$0$0$711,796
70$1,032,689$0$0$709,036
71$1,026,477$0$0$703,620
72$1,016,118$0$0$695,203
73$1,001,078$0$0$683,401
74$980,765$0$0$667,791
75$954,524$0$0$647,900
76$921,629$0$0$623,209
77$881,275$0$0$593,139
78$832,572$0$0$557,053
79$774,537$0$0$514,244
80$706,078$0$0$463,929
81$625,992$0$0$405,246
82$532,946$0$0$337,237
83$425,467$0$0$258,848
84$301,926$0$0$168,910
85$160,527$0$0$66,133
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0