Can I retire at age 45 with 663,000?

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 $663,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$54,750$54,262$53,786$53,322$52,869$51,176
2 years$27,104$26,599$26,110$25,636$25,176$23,486
3 years$17,890$17,383$16,895$16,425$15,972$14,339
4 years$13,284$12,778$12,295$11,833$11,392$9,827
5 years$10,521$10,018$9,542$9,089$8,660$7,167
6 years$8,679$8,181$7,711$7,269$6,852$5,434
7 years$7,365$6,870$6,408$5,976$5,573$4,228
8 years$6,379$5,889$5,434$5,013$4,623$3,351
9 years$5,613$5,127$4,681$4,270$3,893$2,693
10 years$5,000$4,520$4,081$3,681$3,317$2,186
11 years$4,499$4,023$3,593$3,203$2,853$1,790
12 years$4,082$3,611$3,188$2,810$2,472$1,474
13 years$3,729$3,264$2,849$2,481$2,156$1,221
14 years$3,427$2,966$2,559$2,202$1,890$1,015
15 years$3,166$2,710$2,311$1,964$1,664$846
16 years$2,937$2,486$2,095$1,758$1,471$708
17 years$2,736$2,290$1,906$1,580$1,304$594
18 years$2,557$2,116$1,740$1,424$1,159$499
19 years$2,397$1,961$1,593$1,287$1,033$419
20 years$2,253$1,822$1,462$1,165$923$353
21 years$2,123$1,697$1,345$1,057$826$298
22 years$2,006$1,584$1,240$962$740$251
23 years$1,898$1,482$1,144$876$665$212
24 years$1,800$1,388$1,058$799$597$179
25 years$1,709$1,303$980$729$538$152
26 years$1,626$1,225$909$667$484$128
27 years$1,549$1,152$844$610$437$109
28 years$1,478$1,086$785$559$394$92
29 years$1,411$1,024$730$513$356$78
30 years$1,350$968$680$471$321$66
31 years$1,292$915$634$432$291$56
32 years$1,238$865$592$397$263$47
33 years$1,187$820$553$365$238$40
34 years$1,140$777$516$336$215$34
35 years$1,095$737$483$309$195$29
36 years$1,053$699$452$285$177$24
37 years$1,013$664$423$263$160$21
38 years$976$631$396$242$145$18
39 years$940$600$371$223$132$15
40 years$906$571$348$206$119$13
41 years$874$544$326$190$108$11
42 years$844$518$306$175$98$9
43 years$815$493$287$162$89$8
44 years$788$470$269$149$81$7
45 years$762$448$253$138$74$6
46 years$737$428$237$127$67$5
47 years$713$408$223$118$61$4
48 years$690$390$210$109$55$3
49 years$668$372$197$101$50$3
50 years$647$355$185$93$45$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $663,000, adding $5,527 every year, while hoping to spend $45,764 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: 48/24/28 Blend
44$663,000$663,000$663,000$663,000
45$736,327$701,188$690,912$765,555
46$762,740$686,854$665,365$772,338
47$790,313$670,283$637,428$774,774
48$819,116$651,319$606,973$776,534
49$849,226$629,793$573,866$777,575
50$880,723$605,529$537,967$777,856
51$913,697$578,340$499,129$777,336
52$948,242$548,027$457,198$775,969
53$984,464$514,381$412,016$773,713
54$1,022,475$477,181$363,414$770,523
55$1,062,397$436,193$311,218$766,354
56$1,104,364$391,169$255,245$761,162
57$1,148,519$341,846$195,307$754,903
58$1,195,021$287,950$131,203$747,533
59$1,244,041$229,187$62,726$739,008
60$1,295,766$165,249$0$729,288
61$1,350,398$95,811$0$721,426
62$1,408,161$20,528$0$732,491
63$1,469,296$0$0$743,761
64$1,534,069$0$0$771,377
65$1,602,767$0$0$806,453
66$1,675,708$0$0$843,734
67$1,753,237$0$0$883,400
68$1,835,732$0$0$925,651
69$1,923,606$0$0$970,704
70$2,017,314$0$0$1,018,797
71$2,117,351$0$0$1,070,192
72$2,224,262$0$0$1,125,174
73$2,338,642$0$0$1,184,059
74$2,461,145$0$0$1,247,189
75$2,592,489$0$0$1,314,943
76$2,733,459$0$0$1,387,734
77$2,884,919$0$0$1,466,018
78$3,047,816$0$0$1,550,295
79$3,223,191$0$0$1,641,112
80$3,412,186$0$0$1,739,072
81$3,616,055$0$0$1,844,837
82$3,836,178$0$0$1,959,134
83$4,074,068$0$0$2,082,762
84$4,331,392$0$0$2,216,599
85$4,609,978$0$0$2,361,613
86$4,911,838$0$0$2,518,863
87$5,239,185$0$0$2,689,518
88$5,594,451$0$0$2,874,863
89$5,980,312$0$0$3,076,310
90$6,399,710$0$0$3,295,413
91$6,855,883$0$0$3,533,883
92$7,352,393$0$0$3,793,599
93$7,893,159$0$0$4,076,634
94$8,482,494$0$0$4,385,265
95$9,125,144$0$0$4,722,000
96$9,826,334$0$0$5,089,599
97$10,591,814$0$0$5,491,101
98$11,427,913$0$0$5,929,850
99$12,341,600$0$0$6,409,529
100$13,340,546$0$0$6,934,194