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%15%
1 years$54,750$54,262$53,786$53,322$52,869$51,780
2 years$27,104$26,599$26,110$25,636$25,176$24,084
3 years$17,890$17,383$16,895$16,425$15,972$14,911
4 years$13,284$12,778$12,295$11,833$11,392$10,370
5 years$10,521$10,018$9,542$9,089$8,660$7,680
6 years$8,679$8,181$7,711$7,269$6,852$5,915
7 years$7,365$6,870$6,408$5,976$5,573$4,679
8 years$6,379$5,889$5,434$5,013$4,623$3,772
9 years$5,613$5,127$4,681$4,270$3,893$3,085
10 years$5,000$4,520$4,081$3,681$3,317$2,550
11 years$4,499$4,023$3,593$3,203$2,853$2,127
12 years$4,082$3,611$3,188$2,810$2,472$1,785
13 years$3,729$3,264$2,849$2,481$2,156$1,507
14 years$3,427$2,966$2,559$2,202$1,890$1,278
15 years$3,166$2,710$2,311$1,964$1,664$1,088
16 years$2,937$2,486$2,095$1,758$1,471$929
17 years$2,736$2,290$1,906$1,580$1,304$796
18 years$2,557$2,116$1,740$1,424$1,159$683
19 years$2,397$1,961$1,593$1,287$1,033$587
20 years$2,253$1,822$1,462$1,165$923$505
21 years$2,123$1,697$1,345$1,057$826$436
22 years$2,006$1,584$1,240$962$740$376
23 years$1,898$1,482$1,144$876$665$325
24 years$1,800$1,388$1,058$799$597$281
25 years$1,709$1,303$980$729$538$243
26 years$1,626$1,225$909$667$484$211
27 years$1,549$1,152$844$610$437$183
28 years$1,478$1,086$785$559$394$158
29 years$1,411$1,024$730$513$356$137
30 years$1,350$968$680$471$321$119
31 years$1,292$915$634$432$291$103
32 years$1,238$865$592$397$263$90
33 years$1,187$820$553$365$238$78
34 years$1,140$777$516$336$215$68
35 years$1,095$737$483$309$195$59
36 years$1,053$699$452$285$177$51
37 years$1,013$664$423$263$160$44
38 years$976$631$396$242$145$39
39 years$940$600$371$223$132$33
40 years$906$571$348$206$119$29
41 years$874$544$326$190$108$25
42 years$844$518$306$175$98$22
43 years$815$493$287$162$89$19
44 years$788$470$269$149$81$17
45 years$762$448$253$138$74$14
46 years$737$428$237$127$67$13
47 years$713$408$223$118$61$11
48 years$690$390$210$109$55$9
49 years$668$372$197$101$50$8
50 years$647$355$185$93$45$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $663,000, adding $4,160 every year, while hoping to spend $41,453 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: 74/14/12 Blend
44$663,000$663,000$663,000$663,000
45$734,917$699,778$689,502$787,221
46$765,773$689,961$668,494$812,516
47$798,387$678,275$645,394$834,651
48$832,894$664,582$620,086$857,765
49$869,443$648,740$592,453$881,944
50$908,195$630,597$562,369$907,281
51$949,327$609,993$529,704$933,882
52$993,032$586,756$494,323$961,863
53$1,039,521$560,707$456,083$991,350
54$1,089,027$531,656$414,836$1,022,488
55$1,141,801$499,400$370,426$1,055,433
56$1,198,121$463,728$322,692$1,090,361
57$1,258,292$424,413$271,465$1,127,466
58$1,322,646$381,217$216,567$1,166,962
59$1,391,548$333,889$157,814$1,209,087
60$1,465,399$282,163$95,014$1,254,105
61$1,544,638$225,757$27,965$1,302,309
62$1,629,747$164,375$0$1,354,022
63$1,721,255$97,703$0$1,415,184
64$1,819,743$25,411$0$1,484,793
65$1,925,849$0$0$1,559,736
66$2,040,274$0$0$1,648,670
67$2,163,786$0$0$1,748,915
68$2,297,232$0$0$1,857,245
69$2,441,540$0$0$1,974,419
70$2,597,733$0$0$2,101,267
71$2,766,932$0$0$2,238,707
72$2,950,374$0$0$2,387,743
73$3,149,414$0$0$2,549,482
74$3,365,547$0$0$2,725,142
75$3,600,415$0$0$2,916,061
76$3,855,824$0$0$3,123,712
77$4,133,762$0$0$3,349,714
78$4,436,416$0$0$3,595,852
79$4,766,192$0$0$3,864,087
80$5,125,739$0$0$4,156,577
81$5,517,972$0$0$4,475,699
82$5,946,100$0$0$4,824,069
83$6,413,653$0$0$5,204,566
84$6,924,519$0$0$5,620,360
85$7,482,979$0$0$6,074,940
86$8,093,745$0$0$6,572,148
87$8,762,006$0$0$7,116,215
88$9,493,474$0$0$7,711,798
89$10,294,440$0$0$8,364,028
90$11,171,834$0$0$9,078,551
91$12,133,283$0$0$9,861,591
92$13,187,190$0$0$10,719,996
93$14,342,810$0$0$11,661,313
94$15,610,335$0$0$12,693,853
95$17,000,991$0$0$13,826,769
96$18,527,143$0$0$15,070,144
97$20,202,413$0$0$16,435,084
98$22,041,803$0$0$17,933,824
99$24,061,842$0$0$19,579,839
100$26,280,736$0$0$21,387,976