Can I retire at age 45 with 637,000?

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 $637,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$52,603$52,134$51,677$51,231$50,795$49,487
2 years$26,041$25,556$25,086$24,630$24,188$22,879
3 years$17,188$16,701$16,232$15,781$15,346$14,077
4 years$12,763$12,277$11,813$11,369$10,945$9,725
5 years$10,108$9,625$9,167$8,733$8,320$7,153
6 years$8,339$7,860$7,409$6,984$6,583$5,471
7 years$7,076$6,601$6,157$5,742$5,354$4,296
8 years$6,129$5,658$5,221$4,816$4,442$3,437
9 years$5,393$4,926$4,497$4,103$3,741$2,789
10 years$4,804$4,342$3,921$3,536$3,187$2,287
11 years$4,323$3,866$3,452$3,078$2,741$1,891
12 years$3,922$3,470$3,063$2,700$2,375$1,575
13 years$3,583$3,136$2,737$2,383$2,071$1,318
14 years$3,293$2,850$2,459$2,116$1,816$1,108
15 years$3,042$2,604$2,220$1,887$1,599$935
16 years$2,822$2,389$2,013$1,689$1,413$791
17 years$2,629$2,200$1,832$1,518$1,253$671
18 years$2,457$2,033$1,672$1,368$1,114$570
19 years$2,303$1,884$1,531$1,236$993$485
20 years$2,165$1,751$1,405$1,120$887$414
21 years$2,040$1,631$1,292$1,016$794$353
22 years$1,927$1,522$1,191$924$711$302
23 years$1,824$1,424$1,100$841$639$258
24 years$1,729$1,334$1,017$767$574$221
25 years$1,642$1,252$942$701$516$189
26 years$1,562$1,177$874$641$465$162
27 years$1,488$1,107$811$586$419$139
28 years$1,420$1,043$754$537$378$119
29 years$1,356$984$702$493$342$102
30 years$1,297$930$654$452$309$88
31 years$1,241$879$609$415$279$75
32 years$1,189$831$569$382$253$65
33 years$1,141$787$531$351$229$56
34 years$1,095$746$496$323$207$48
35 years$1,052$708$464$297$187$41
36 years$1,012$672$434$274$170$35
37 years$974$638$406$252$154$30
38 years$937$606$380$233$140$26
39 years$903$577$356$214$127$22
40 years$871$549$334$198$115$19
41 years$840$522$313$182$104$17
42 years$811$497$294$168$94$14
43 years$783$474$276$155$86$12
44 years$757$452$259$144$78$11
45 years$732$431$243$133$71$9
46 years$708$411$228$122$64$8
47 years$685$392$214$113$58$7
48 years$663$374$201$105$53$6
49 years$642$357$189$97$48$5
50 years$622$341$178$89$44$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $637,000, adding $5,077 every year, while hoping to spend $44,300 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: 60/29/11 Blend
44$637,000$637,000$637,000$637,000
45$707,211$673,450$663,576$747,503
46$732,212$659,314$638,671$761,044
47$758,278$643,001$611,447$770,338
48$785,471$624,357$581,780$779,395
49$813,858$603,219$549,538$788,194
50$843,511$579,417$514,587$796,715
51$874,508$552,767$476,785$804,939
52$906,933$523,077$435,982$812,844
53$940,876$490,145$392,024$820,414
54$976,437$453,754$344,749$827,628
55$1,013,723$413,677$293,987$834,468
56$1,052,849$369,673$239,561$840,920
57$1,093,941$321,488$181,288$846,967
58$1,137,136$268,854$118,974$852,597
59$1,182,583$211,487$52,419$857,799
60$1,230,443$149,087$0$862,565
61$1,280,893$81,337$0$869,074
62$1,334,125$7,903$0$881,849
63$1,390,347$0$0$894,764
64$1,449,789$0$0$930,692
65$1,512,699$0$0$971,409
66$1,579,349$0$0$1,014,572
67$1,650,037$0$0$1,060,375
68$1,725,088$0$0$1,109,034
69$1,804,855$0$0$1,160,781
70$1,889,730$0$0$1,215,873
71$1,980,136$0$0$1,274,591
72$2,076,539$0$0$1,337,240
73$2,179,450$0$0$1,404,158
74$2,289,428$0$0$1,475,714
75$2,407,085$0$0$1,552,310
76$2,533,094$0$0$1,634,390
77$2,668,190$0$0$1,722,441
78$2,813,184$0$0$1,816,995
79$2,968,961$0$0$1,918,637
80$3,136,495$0$0$2,028,011
81$3,316,857$0$0$2,145,822
82$3,511,218$0$0$2,272,845
83$3,720,870$0$0$2,409,930
84$3,947,229$0$0$2,558,014
85$4,191,852$0$0$2,718,124
86$4,456,450$0$0$2,891,390
87$4,742,903$0$0$3,079,053
88$5,053,278$0$0$3,282,480
89$5,389,850$0$0$3,503,170
90$5,755,118$0$0$3,742,777
91$6,151,832$0$0$4,003,115
92$6,583,016$0$0$4,286,183
93$7,051,997$0$0$4,594,178
94$7,562,436$0$0$4,929,519
95$8,118,360$0$0$5,294,867
96$8,724,203$0$0$5,693,151
97$9,384,840$0$0$6,127,593
98$10,105,642$0$0$6,601,741
99$10,892,518$0$0$7,119,500
100$11,751,972$0$0$7,685,168