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%11.3%
1 years$54,750$54,262$53,786$53,322$52,869$52,579
2 years$27,104$26,599$26,110$25,636$25,176$24,884
3 years$17,890$17,383$16,895$16,425$15,972$15,687
4 years$13,284$12,778$12,295$11,833$11,392$11,115
5 years$10,521$10,018$9,542$9,089$8,660$8,392
6 years$8,679$8,181$7,711$7,269$6,852$6,595
7 years$7,365$6,870$6,408$5,976$5,573$5,325
8 years$6,379$5,889$5,434$5,013$4,623$4,385
9 years$5,613$5,127$4,681$4,270$3,893$3,665
10 years$5,000$4,520$4,081$3,681$3,317$3,099
11 years$4,499$4,023$3,593$3,203$2,853$2,644
12 years$4,082$3,611$3,188$2,810$2,472$2,273
13 years$3,729$3,264$2,849$2,481$2,156$1,966
14 years$3,427$2,966$2,559$2,202$1,890$1,709
15 years$3,166$2,710$2,311$1,964$1,664$1,492
16 years$2,937$2,486$2,095$1,758$1,471$1,307
17 years$2,736$2,290$1,906$1,580$1,304$1,149
18 years$2,557$2,116$1,740$1,424$1,159$1,012
19 years$2,397$1,961$1,593$1,287$1,033$894
20 years$2,253$1,822$1,462$1,165$923$791
21 years$2,123$1,697$1,345$1,057$826$701
22 years$2,006$1,584$1,240$962$740$623
23 years$1,898$1,482$1,144$876$665$554
24 years$1,800$1,388$1,058$799$597$493
25 years$1,709$1,303$980$729$538$439
26 years$1,626$1,225$909$667$484$392
27 years$1,549$1,152$844$610$437$349
28 years$1,478$1,086$785$559$394$312
29 years$1,411$1,024$730$513$356$279
30 years$1,350$968$680$471$321$249
31 years$1,292$915$634$432$291$223
32 years$1,238$865$592$397$263$200
33 years$1,187$820$553$365$238$179
34 years$1,140$777$516$336$215$160
35 years$1,095$737$483$309$195$144
36 years$1,053$699$452$285$177$129
37 years$1,013$664$423$263$160$115
38 years$976$631$396$242$145$103
39 years$940$600$371$223$132$93
40 years$906$571$348$206$119$83
41 years$874$544$326$190$108$75
42 years$844$518$306$175$98$67
43 years$815$493$287$162$89$60
44 years$788$470$269$149$81$54
45 years$762$448$253$138$74$48
46 years$737$428$237$127$67$43
47 years$713$408$223$118$61$39
48 years$690$390$210$109$55$35
49 years$668$372$197$101$50$31
50 years$647$355$185$93$45$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $663,000, adding $4,065 every year, while hoping to spend $50,206 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: 67/14/19 Blend
44$663,000$663,000$663,000$663,000
45$734,819$699,680$689,404$780,334
46$756,352$680,546$659,080$792,167
47$778,398$658,791$626,057$798,903
48$800,958$634,234$590,193$805,052
49$824,028$606,684$551,337$810,556
50$847,604$575,938$509,333$815,350
51$871,681$541,779$464,016$819,367
52$896,248$503,982$415,216$822,533
53$921,294$462,306$362,755$824,768
54$946,804$416,498$306,446$825,990
55$972,760$366,288$246,093$826,105
56$999,139$311,393$181,495$825,016
57$1,025,914$251,514$112,437$822,618
58$1,053,053$186,334$38,700$818,797
59$1,080,519$115,519$0$813,431
60$1,108,268$38,715$0$814,497
61$1,136,250$0$0$822,646
62$1,164,406$0$0$836,769
63$1,192,671$0$0$856,915
64$1,220,968$0$0$877,062
65$1,249,210$0$0$897,145
66$1,277,300$0$0$917,091
67$1,305,126$0$0$936,818
68$1,332,563$0$0$956,231
69$1,359,470$0$0$975,226
70$1,385,686$0$0$993,684
71$1,411,035$0$0$1,011,474
72$1,435,316$0$0$1,028,445
73$1,458,305$0$0$1,044,432
74$1,479,750$0$0$1,059,249
75$1,499,374$0$0$1,072,689
76$1,516,862$0$0$1,084,519
77$1,531,868$0$0$1,094,482
78$1,544,004$0$0$1,102,290
79$1,552,837$0$0$1,107,625
80$1,557,889$0$0$1,110,130
81$1,558,627$0$0$1,109,410
82$1,554,457$0$0$1,105,028
83$1,544,722$0$0$1,096,496
84$1,528,694$0$0$1,083,274
85$1,505,562$0$0$1,064,765
86$1,474,431$0$0$1,040,303
87$1,434,307$0$0$1,009,156
88$1,384,088$0$0$970,507
89$1,322,557$0$0$923,456
90$1,248,365$0$0$867,006
91$1,160,018$0$0$800,053
92$1,055,866$0$0$721,376
93$934,083$0$0$629,624
94$792,649$0$0$523,307
95$629,332$0$0$400,773
96$441,666$0$0$260,199
97$226,925$0$0$99,571
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0