Can I retire at age 45 with 652,000?

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 $652,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$53,842$53,362$52,894$52,437$51,991$51,642
2 years$26,654$26,158$25,677$25,210$24,758$24,406
3 years$17,593$17,094$16,615$16,152$15,707$15,363
4 years$13,063$12,566$12,091$11,637$11,203$10,869
5 years$10,346$9,852$9,383$8,938$8,516$8,194
6 years$8,535$8,045$7,583$7,148$6,738$6,428
7 years$7,242$6,756$6,302$5,877$5,480$5,182
8 years$6,273$5,791$5,344$4,930$4,546$4,260
9 years$5,520$5,042$4,603$4,199$3,829$3,555
10 years$4,917$4,445$4,013$3,620$3,262$3,000
11 years$4,425$3,957$3,533$3,150$2,806$2,555
12 years$4,014$3,551$3,135$2,763$2,431$2,193
13 years$3,668$3,209$2,801$2,439$2,120$1,893
14 years$3,371$2,917$2,517$2,165$1,858$1,642
15 years$3,113$2,665$2,272$1,931$1,636$1,431
16 years$2,889$2,445$2,060$1,729$1,446$1,251
17 years$2,690$2,252$1,875$1,554$1,282$1,097
18 years$2,515$2,081$1,711$1,400$1,140$965
19 years$2,357$1,928$1,567$1,265$1,016$850
20 years$2,216$1,792$1,438$1,146$908$751
21 years$2,088$1,669$1,323$1,040$812$664
22 years$1,972$1,558$1,219$946$728$588
23 years$1,867$1,457$1,126$861$654$522
24 years$1,770$1,365$1,041$785$587$463
25 years$1,681$1,281$964$717$529$412
26 years$1,599$1,204$894$656$476$366
27 years$1,523$1,133$830$600$429$326
28 years$1,453$1,068$772$550$387$291
29 years$1,388$1,007$718$504$350$259
30 years$1,327$951$669$463$316$231
31 years$1,270$899$624$425$286$206
32 years$1,217$851$582$391$258$184
33 years$1,168$806$543$359$234$165
34 years$1,121$764$508$331$212$147
35 years$1,077$725$475$304$192$131
36 years$1,036$688$444$280$174$117
37 years$996$653$416$258$158$105
38 years$959$621$389$238$143$94
39 years$925$590$365$219$130$84
40 years$891$562$342$202$117$75
41 years$860$535$320$187$107$67
42 years$830$509$301$172$97$60
43 years$802$485$282$159$88$54
44 years$775$462$265$147$80$48
45 years$749$441$249$136$72$43
46 years$724$421$234$125$66$39
47 years$701$401$219$116$60$35
48 years$679$383$206$107$54$31
49 years$657$366$194$99$49$28
50 years$637$350$182$91$45$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $652,000, adding $6,415 every year, while hoping to spend $29,887 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: 56/27/17 Blend
44$652,000$652,000$652,000$652,000
45$725,121$690,565$680,459$762,126
46$767,284$692,603$671,455$790,062
47$812,746$693,740$661,147$816,704
48$861,811$693,898$649,461$845,054
49$914,816$692,999$636,318$875,281
50$972,127$690,956$621,635$907,575
51$1,034,151$687,680$605,326$942,143
52$1,101,331$683,073$587,301$979,219
53$1,174,157$677,033$567,466$1,019,057
54$1,253,166$669,454$545,722$1,061,943
55$1,338,951$660,219$521,965$1,108,191
56$1,432,162$649,207$496,089$1,158,148
57$1,533,514$636,290$467,980$1,212,201
58$1,643,795$621,331$437,520$1,270,777
59$1,763,872$604,186$404,586$1,334,347
60$1,894,697$584,701$369,050$1,403,433
61$2,037,320$562,715$330,777$1,478,615
62$2,192,895$538,057$289,627$1,560,532
63$2,362,694$510,546$245,453$1,649,890
64$2,548,116$479,989$198,103$1,747,472
65$2,750,700$446,185$147,415$1,854,144
66$2,972,141$408,918$93,224$1,970,861
67$3,214,308$367,963$35,355$2,098,681
68$3,479,254$323,080$0$2,238,773
69$3,769,242$274,015$0$2,397,217
70$4,086,765$220,502$0$2,577,807
71$4,434,567$162,259$0$2,775,736
72$4,815,670$98,987$0$2,992,785
73$5,233,402$30,370$0$3,230,918
74$5,691,428$0$0$3,492,302
75$6,193,786$0$0$3,792,380
76$6,744,922$0$0$4,131,554
77$7,349,734$0$0$4,503,823
78$8,013,617$0$0$4,912,516
79$8,742,513$0$0$5,361,298
80$9,542,970$0$0$5,854,208
81$10,422,198$0$0$6,395,696
82$11,388,141$0$0$6,990,664
83$12,449,551$0$0$7,644,510
84$13,616,069$0$0$8,363,183
85$14,898,317$0$0$9,153,238
86$16,307,996$0$0$10,021,894
87$17,858,000$0$0$10,977,106
88$19,562,531$0$0$12,027,638
89$21,437,240$0$0$13,183,148
90$23,499,368$0$0$14,454,273
91$25,767,912$0$0$15,852,735
92$28,263,803$0$0$17,391,451
93$31,010,103$0$0$19,084,651
94$34,032,223$0$0$20,948,014
95$37,358,161$0$0$22,998,817
96$41,018,765$0$0$25,256,096
97$45,048,029$0$0$27,740,827
98$49,483,405$0$0$30,476,121
99$54,366,166$0$0$33,487,446
100$59,741,784$0$0$36,802,864