Can I retire at age 45 with 665,000?

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 $665,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$54,915$54,426$53,949$53,483$53,028$52,540
2 years$27,186$26,679$26,189$25,713$25,251$24,760
3 years$17,944$17,435$16,946$16,475$16,021$15,540
4 years$13,324$12,817$12,332$11,869$11,426$10,961
5 years$10,552$10,049$9,570$9,117$8,686$8,237
6 years$8,705$8,205$7,734$7,291$6,873$6,442
7 years$7,387$6,891$6,427$5,994$5,589$5,176
8 years$6,398$5,907$5,451$5,028$4,637$4,241
9 years$5,630$5,143$4,695$4,283$3,905$3,526
10 years$5,015$4,533$4,093$3,692$3,327$2,965
11 years$4,513$4,036$3,603$3,213$2,862$2,516
12 years$4,094$3,622$3,198$2,818$2,480$2,151
13 years$3,741$3,273$2,857$2,488$2,162$1,849
14 years$3,438$2,975$2,567$2,209$1,896$1,598
15 years$3,175$2,718$2,318$1,970$1,669$1,387
16 years$2,946$2,494$2,101$1,764$1,475$1,208
17 years$2,744$2,297$1,912$1,585$1,308$1,055
18 years$2,565$2,122$1,746$1,428$1,163$923
19 years$2,404$1,967$1,598$1,290$1,037$810
20 years$2,260$1,828$1,467$1,169$926$712
21 years$2,130$1,702$1,349$1,061$829$627
22 years$2,012$1,589$1,243$964$743$553
23 years$1,904$1,486$1,148$878$667$489
24 years$1,805$1,393$1,062$801$599$432
25 years$1,714$1,307$983$732$539$382
26 years$1,631$1,228$912$669$486$338
27 years$1,554$1,156$847$612$438$300
28 years$1,482$1,089$787$561$395$266
29 years$1,416$1,028$733$514$357$236
30 years$1,354$970$682$472$322$209
31 years$1,296$917$636$434$291$186
32 years$1,242$868$594$398$264$165
33 years$1,191$822$554$366$239$147
34 years$1,143$779$518$337$216$131
35 years$1,098$739$484$310$196$116
36 years$1,056$701$453$286$177$103
37 years$1,016$666$424$263$161$92
38 years$979$633$397$243$146$82
39 years$943$602$372$224$132$73
40 years$909$573$349$206$120$65
41 years$877$545$327$190$109$58
42 years$847$519$307$176$99$51
43 years$818$495$288$162$90$46
44 years$790$472$270$150$81$41
45 years$764$450$254$138$74$36
46 years$739$429$238$128$67$32
47 years$715$409$224$118$61$29
48 years$692$391$210$109$55$26
49 years$670$373$198$101$50$23
50 years$649$357$186$93$46$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $665,000, adding $4,732 every year, while hoping to spend $52,426 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: 61/12/27 Blend
44$665,000$665,000$665,000$665,000
45$737,711$702,466$692,159$777,097
46$757,177$681,106$659,565$783,079
47$776,871$656,942$624,122$783,521
48$796,761$629,782$585,680$782,886
49$816,811$599,421$544,081$781,078
50$836,977$565,645$499,159$777,996
51$857,211$528,224$450,743$773,530
52$877,458$486,917$398,654$767,563
53$897,652$441,470$342,703$759,968
54$917,724$391,614$282,694$750,608
55$937,591$337,062$218,424$739,336
56$957,162$277,514$149,677$725,991
57$976,332$212,653$76,232$710,404
58$994,987$142,141$0$692,388
59$1,012,995$65,626$0$672,362
60$1,030,211$0$0$672,969
61$1,046,469$0$0$674,343
62$1,061,589$0$0$683,590
63$1,075,364$0$0$691,904
64$1,087,568$0$0$699,132
65$1,097,945$0$0$705,101
66$1,106,214$0$0$709,621
67$1,112,059$0$0$712,479
68$1,115,130$0$0$713,439
69$1,115,037$0$0$712,238
70$1,111,350$0$0$708,583
71$1,103,588$0$0$702,153
72$1,091,218$0$0$692,588
73$1,073,652$0$0$679,489
74$1,050,234$0$0$662,417
75$1,020,240$0$0$640,882
76$982,868$0$0$614,344
77$937,229$0$0$582,204
78$882,339$0$0$543,799
79$817,109$0$0$498,397
80$740,337$0$0$445,186
81$650,690$0$0$383,270
82$546,696$0$0$311,658
83$426,729$0$0$229,255
84$288,990$0$0$134,849
85$131,491$0$0$27,104
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0