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%19.9%
1 years$54,750$54,262$53,786$53,322$52,869$50,771
2 years$27,104$26,599$26,110$25,636$25,176$23,088
3 years$17,890$17,383$16,895$16,425$15,972$13,961
4 years$13,284$12,778$12,295$11,833$11,392$9,472
5 years$10,521$10,018$9,542$9,089$8,660$6,836
6 years$8,679$8,181$7,711$7,269$6,852$5,126
7 years$7,365$6,870$6,408$5,976$5,573$3,943
8 years$6,379$5,889$5,434$5,013$4,623$3,089
9 years$5,613$5,127$4,681$4,270$3,893$2,452
10 years$5,000$4,520$4,081$3,681$3,317$1,966
11 years$4,499$4,023$3,593$3,203$2,853$1,588
12 years$4,082$3,611$3,188$2,810$2,472$1,291
13 years$3,729$3,264$2,849$2,481$2,156$1,054
14 years$3,427$2,966$2,559$2,202$1,890$864
15 years$3,166$2,710$2,311$1,964$1,664$711
16 years$2,937$2,486$2,095$1,758$1,471$586
17 years$2,736$2,290$1,906$1,580$1,304$484
18 years$2,557$2,116$1,740$1,424$1,159$401
19 years$2,397$1,961$1,593$1,287$1,033$332
20 years$2,253$1,822$1,462$1,165$923$275
21 years$2,123$1,697$1,345$1,057$826$229
22 years$2,006$1,584$1,240$962$740$190
23 years$1,898$1,482$1,144$876$665$158
24 years$1,800$1,388$1,058$799$597$131
25 years$1,709$1,303$980$729$538$109
26 years$1,626$1,225$909$667$484$91
27 years$1,549$1,152$844$610$437$76
28 years$1,478$1,086$785$559$394$63
29 years$1,411$1,024$730$513$356$53
30 years$1,350$968$680$471$321$44
31 years$1,292$915$634$432$291$37
32 years$1,238$865$592$397$263$30
33 years$1,187$820$553$365$238$25
34 years$1,140$777$516$336$215$21
35 years$1,095$737$483$309$195$18
36 years$1,053$699$452$285$177$15
37 years$1,013$664$423$263$160$12
38 years$976$631$396$242$145$10
39 years$940$600$371$223$132$9
40 years$906$571$348$206$119$7
41 years$874$544$326$190$108$6
42 years$844$518$306$175$98$5
43 years$815$493$287$162$89$4
44 years$788$470$269$149$81$3
45 years$762$448$253$138$74$3
46 years$737$428$237$127$67$2
47 years$713$408$223$118$61$2
48 years$690$390$210$109$55$2
49 years$668$372$197$101$50$1
50 years$647$355$185$93$45$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $663,000, adding $4,481 every year, while hoping to spend $29,883 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: 34/41/25 Blend
44$663,000$663,000$663,000$663,000
45$735,248$700,109$689,833$754,536
46$778,448$702,619$681,147$771,857
47$825,053$704,251$671,168$787,506
48$875,379$704,929$659,823$803,788
49$929,772$704,575$647,031$820,778
50$988,613$703,104$632,712$838,562
51$1,052,323$700,428$616,779$857,236
52$1,121,362$696,451$599,143$876,910
53$1,196,237$691,072$579,710$897,706
54$1,277,504$684,186$558,381$919,761
55$1,365,777$675,678$535,054$943,230
56$1,461,729$665,430$509,622$968,287
57$1,566,103$653,314$481,972$995,125
58$1,679,715$639,195$451,987$1,023,962
59$1,803,462$622,931$419,544$1,055,042
60$1,938,332$604,372$384,516$1,088,637
61$2,085,412$583,357$346,768$1,125,051
62$2,245,900$559,718$306,161$1,164,625
63$2,421,113$533,275$262,548$1,207,736
64$2,612,501$503,839$215,777$1,254,808
65$2,821,659$471,211$165,690$1,306,312
66$3,050,347$435,178$112,119$1,362,772
67$3,300,498$395,518$54,890$1,424,772
68$3,574,244$351,993$0$1,492,963
69$3,873,930$304,355$0$1,569,716
70$4,202,140$252,337$0$1,669,919
71$4,561,720$195,663$0$1,779,860
72$4,955,802$134,037$0$1,900,585
73$5,387,837$67,148$0$2,033,253
74$5,861,625$0$0$2,179,148
75$6,381,354$0$0$2,342,092
76$6,951,633$0$0$2,554,225
77$7,577,540$0$0$2,787,152
78$8,264,671$0$0$3,042,968
79$9,019,187$0$0$3,323,980
80$9,847,876$0$0$3,632,731
81$10,758,217$0$0$3,972,020
82$11,758,447$0$0$4,344,931
83$12,857,642$0$0$4,754,865
84$14,065,799$0$0$5,205,564
85$15,393,934$0$0$5,701,155
86$16,854,181$0$0$6,246,181
87$18,459,911$0$0$6,845,650
88$20,225,853$0$0$7,505,080
89$22,168,236$0$0$8,230,548
90$24,304,942$0$0$9,028,752
91$26,655,672$0$0$9,907,072
92$29,242,133$0$0$10,873,639
93$32,088,241$0$0$11,937,410
94$35,220,350$0$0$13,108,258
95$38,667,495$0$0$14,397,060
96$42,461,672$0$0$15,815,799
97$46,638,133$0$0$17,377,682
98$51,235,722$0$0$19,097,261
99$56,297,240$0$0$20,990,569
100$61,869,851$0$0$23,075,274