Can I retire at age 45 with 635,000?

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 $635,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$52,438$51,971$51,515$51,070$50,636$49,756
2 years$25,959$25,476$25,007$24,553$24,112$23,229
3 years$17,134$16,649$16,181$15,731$15,298$14,438
4 years$12,723$12,239$11,776$11,334$10,911$10,081
5 years$10,076$9,595$9,139$8,705$8,294$7,497
6 years$8,313$7,835$7,385$6,962$6,563$5,800
7 years$7,053$6,580$6,137$5,724$5,337$4,608
8 years$6,110$5,640$5,205$4,801$4,428$3,733
9 years$5,376$4,911$4,483$4,090$3,729$3,067
10 years$4,789$4,329$3,908$3,525$3,177$2,548
11 years$4,309$3,854$3,441$3,068$2,732$2,136
12 years$3,910$3,459$3,054$2,691$2,368$1,802
13 years$3,572$3,126$2,728$2,376$2,065$1,530
14 years$3,283$2,841$2,451$2,109$1,810$1,304
15 years$3,032$2,595$2,213$1,881$1,594$1,117
16 years$2,813$2,381$2,007$1,684$1,409$959
17 years$2,620$2,193$1,826$1,513$1,249$826
18 years$2,449$2,027$1,667$1,364$1,110$713
19 years$2,296$1,878$1,526$1,232$990$616
20 years$2,158$1,745$1,400$1,116$884$534
21 years$2,034$1,626$1,288$1,013$791$463
22 years$1,921$1,517$1,187$921$709$402
23 years$1,818$1,419$1,096$839$637$350
24 years$1,724$1,330$1,014$765$572$304
25 years$1,637$1,248$939$699$515$265
26 years$1,557$1,173$871$639$464$231
27 years$1,484$1,104$809$585$418$202
28 years$1,415$1,040$752$536$377$176
29 years$1,352$981$700$491$341$154
30 years$1,293$927$652$451$308$134
31 years$1,237$876$607$414$278$117
32 years$1,186$829$567$381$252$102
33 years$1,137$785$529$350$228$89
34 years$1,092$744$494$322$206$78
35 years$1,049$706$462$296$187$68
36 years$1,009$670$432$273$169$60
37 years$970$636$405$251$153$52
38 years$934$605$379$232$139$46
39 years$900$575$355$214$126$40
40 years$868$547$333$197$114$35
41 years$838$521$312$182$104$31
42 years$808$496$293$168$94$27
43 years$781$472$275$155$85$23
44 years$754$450$258$143$78$21
45 years$729$429$242$132$70$18
46 years$705$410$227$122$64$16
47 years$683$391$214$113$58$14
48 years$661$373$201$104$53$12
49 years$640$356$189$96$48$11
50 years$620$340$177$89$44$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $635,000, adding $6,448 every year, while hoping to spend $26,638 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: 81/14/5 Blend
44$635,000$635,000$635,000$635,000
45$706,421$672,766$662,924$763,018
46$750,133$677,389$656,789$805,589
47$797,412$681,346$649,556$848,079
48$848,591$684,575$641,160$893,887
49$904,041$687,013$631,532$943,330
50$964,167$688,591$620,603$996,756
51$1,029,416$689,235$608,296$1,054,549
52$1,100,277$688,868$594,534$1,117,131
53$1,177,290$687,408$579,237$1,184,968
54$1,261,050$684,767$562,317$1,258,572
55$1,352,209$680,852$543,686$1,338,509
56$1,451,485$675,565$523,251$1,425,400
57$1,559,671$668,802$500,914$1,519,933
58$1,677,636$660,452$476,573$1,622,861
59$1,806,338$650,397$450,122$1,735,017
60$1,946,831$638,513$421,448$1,857,319
61$2,100,276$624,669$390,435$1,990,777
62$2,267,952$608,725$356,961$2,136,506
63$2,451,263$590,533$320,900$2,295,732
64$2,651,760$569,937$282,118$2,469,808
65$2,871,147$546,771$240,477$2,660,226
66$3,111,302$520,862$195,831$2,868,628
67$3,374,293$492,022$148,029$3,096,825
68$3,662,397$460,057$96,914$3,346,812
69$3,978,121$424,759$42,320$3,620,790
70$4,324,227$385,910$0$3,921,182
71$4,703,756$343,277$0$4,251,510
72$5,120,059$296,618$0$4,616,334
73$5,576,825$245,672$0$5,016,650
74$6,078,118$190,167$0$5,456,044
75$6,628,416$129,815$0$5,938,472
76$7,232,649$64,311$0$6,468,289
77$7,896,251$0$0$7,050,299
78$8,625,205$0$0$7,690,820
79$9,426,103$0$0$8,405,459
80$10,306,209$0$0$9,190,792
81$11,273,523$0$0$10,053,961
82$12,336,859$0$0$11,002,832
83$13,505,929$0$0$12,046,074
84$14,791,431$0$0$13,193,238
85$16,205,154$0$0$14,454,843
86$17,760,083$0$0$15,842,483
87$19,470,529$0$0$17,368,929
88$21,352,255$0$0$19,048,254
89$23,422,634$0$0$20,895,962
90$25,700,803$0$0$22,929,138
91$28,207,851$0$0$25,166,604
92$30,967,013$0$0$27,629,100
93$34,003,891$0$0$30,339,479
94$37,346,695$0$0$33,322,921
95$41,026,510$0$0$36,607,172
96$45,077,584$0$0$40,222,804
97$49,537,659$0$0$44,203,504
98$54,448,320$0$0$48,586,392
99$59,855,390$0$0$53,412,370
100$65,809,360$0$0$58,726,507