Can I retire at age 45 with 639,000?

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 $639,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$52,768$52,298$51,839$51,392$50,955$49,562
2 years$26,123$25,636$25,165$24,708$24,264$22,871
3 years$17,242$16,754$16,283$15,830$15,394$14,045
4 years$12,803$12,316$11,850$11,405$10,979$9,683
5 years$10,140$9,656$9,196$8,760$8,346$7,108
6 years$8,365$7,885$7,432$7,005$6,604$5,424
7 years$7,098$6,621$6,176$5,760$5,371$4,249
8 years$6,148$5,676$5,238$4,832$4,456$3,392
9 years$5,410$4,942$4,511$4,115$3,752$2,746
10 years$4,819$4,356$3,933$3,548$3,197$2,246
11 years$4,336$3,878$3,463$3,087$2,750$1,853
12 years$3,934$3,481$3,073$2,708$2,383$1,538
13 years$3,594$3,145$2,745$2,391$2,078$1,284
14 years$3,303$2,859$2,467$2,122$1,821$1,076
15 years$3,051$2,612$2,227$1,893$1,604$906
16 years$2,831$2,396$2,019$1,695$1,417$764
17 years$2,637$2,207$1,837$1,523$1,257$646
18 years$2,464$2,039$1,677$1,372$1,117$548
19 years$2,310$1,890$1,536$1,240$996$465
20 years$2,172$1,756$1,409$1,123$890$395
21 years$2,047$1,636$1,296$1,019$796$336
22 years$1,933$1,527$1,195$927$714$286
23 years$1,829$1,428$1,103$844$641$244
24 years$1,735$1,338$1,020$770$576$208
25 years$1,647$1,256$945$703$518$178
26 years$1,567$1,180$876$643$467$152
27 years$1,493$1,111$814$588$421$130
28 years$1,424$1,047$756$539$380$111
29 years$1,360$987$704$494$343$95
30 years$1,301$932$656$454$310$81
31 years$1,245$882$611$417$280$70
32 years$1,193$834$570$383$253$60
33 years$1,144$790$533$352$229$51
34 years$1,099$749$498$324$208$44
35 years$1,055$710$465$298$188$37
36 years$1,015$674$435$275$170$32
37 years$977$640$407$253$154$27
38 years$940$608$381$233$140$23
39 years$906$578$357$215$127$20
40 years$874$550$335$198$115$17
41 years$843$524$314$183$104$15
42 years$814$499$295$169$95$13
43 years$786$475$276$156$86$11
44 years$759$453$260$144$78$9
45 years$734$432$244$133$71$8
46 years$710$412$229$123$64$7
47 years$687$393$215$113$58$6
48 years$665$376$202$105$53$5
49 years$644$359$190$97$48$4
50 years$624$343$179$90$44$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $639,000, adding $2,426 every year, while hoping to spend $52,129 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: 76/6/18 Blend
44$639,000$639,000$639,000$639,000
45$706,680$672,813$662,909$757,310
46$723,297$650,316$629,652$768,638
47$739,861$624,970$593,533$774,347
48$756,313$596,579$554,402$779,215
49$772,584$564,939$512,101$783,143
50$788,597$529,830$466,466$786,020
51$804,265$491,023$417,324$787,730
52$819,491$448,274$364,496$788,140
53$834,166$401,327$307,793$787,109
54$848,167$349,908$247,020$784,481
55$861,357$293,730$181,972$780,085
56$873,583$232,490$112,436$773,734
57$884,673$165,867$38,187$765,222
58$894,437$93,522$0$754,327
59$902,662$15,097$0$748,685
60$909,111$0$0$748,483
61$913,521$0$0$750,742
62$915,598$0$0$752,030
63$915,018$0$0$751,078
64$911,419$0$0$747,582
65$904,399$0$0$741,207
66$893,513$0$0$731,578
67$878,269$0$0$718,283
68$858,118$0$0$700,862
69$832,456$0$0$678,807
70$800,610$0$0$651,557
71$761,839$0$0$618,487
72$715,319$0$0$578,909
73$660,141$0$0$532,061
74$595,298$0$0$477,098
75$519,677$0$0$413,088
76$432,049$0$0$338,999
77$331,053$0$0$253,693
78$215,185$0$0$155,909
79$82,785$0$0$44,256
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
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