Can I retire at age 45 with 681,000?

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 $681,000?

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$56,236$55,735$55,247$54,770$54,304$53,186
2 years$27,840$27,321$26,819$26,332$25,859$24,738
3 years$18,375$17,855$17,354$16,871$16,406$15,316
4 years$13,644$13,125$12,629$12,155$11,701$10,651
5 years$10,806$10,290$9,801$9,336$8,895$7,888
6 years$8,915$8,403$7,920$7,466$7,038$6,076
7 years$7,564$7,057$6,582$6,138$5,724$4,806
8 years$6,552$6,049$5,582$5,149$4,749$3,875
9 years$5,765$5,267$4,808$4,386$3,999$3,168
10 years$5,136$4,642$4,191$3,781$3,407$2,620
11 years$4,621$4,133$3,690$3,290$2,930$2,184
12 years$4,193$3,709$3,275$2,886$2,539$1,834
13 years$3,831$3,352$2,926$2,548$2,214$1,548
14 years$3,521$3,047$2,629$2,262$1,941$1,313
15 years$3,252$2,783$2,374$2,017$1,709$1,118
16 years$3,017$2,554$2,152$1,806$1,511$955
17 years$2,810$2,352$1,958$1,623$1,339$817
18 years$2,626$2,173$1,788$1,462$1,191$701
19 years$2,462$2,014$1,636$1,321$1,061$603
20 years$2,315$1,872$1,502$1,197$948$519
21 years$2,181$1,743$1,381$1,086$848$448
22 years$2,060$1,627$1,273$988$761$386
23 years$1,950$1,522$1,176$899$683$334
24 years$1,849$1,426$1,087$820$614$289
25 years$1,756$1,338$1,007$749$552$250
26 years$1,670$1,258$934$685$497$216
27 years$1,591$1,184$867$627$448$188
28 years$1,518$1,115$806$574$405$163
29 years$1,450$1,052$750$527$365$141
30 years$1,386$994$699$483$330$122
31 years$1,327$939$651$444$298$106
32 years$1,272$889$608$408$270$92
33 years$1,220$842$568$375$244$80
34 years$1,171$798$530$345$221$69
35 years$1,125$757$496$318$200$60
36 years$1,082$718$464$293$182$52
37 years$1,041$682$434$270$165$46
38 years$1,002$648$407$249$149$40
39 years$966$616$381$229$135$34
40 years$931$587$357$211$123$30
41 years$898$558$335$195$111$26
42 years$867$532$314$180$101$23
43 years$837$507$295$166$92$20
44 years$809$483$277$153$83$17
45 years$782$461$260$142$76$15
46 years$757$439$244$131$69$13
47 years$732$419$229$121$62$11
48 years$709$400$215$112$57$10
49 years$686$382$202$103$51$8
50 years$665$365$190$95$47$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $681,000, adding $2,662 every year, while hoping to spend $30,367 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: 44/43/13 Blend
44$681,000$681,000$681,000$681,000
45$753,208$717,115$706,559$783,421
46$797,725$719,943$697,919$807,586
47$845,765$721,892$687,971$830,494
48$897,655$722,887$676,640$854,655
49$953,755$722,848$663,847$880,196
50$1,014,460$721,690$649,508$907,260
51$1,080,205$719,323$633,537$936,006
52$1,151,468$715,651$615,842$966,610
53$1,228,773$710,573$596,328$999,268
54$1,312,699$703,983$574,896$1,034,198
55$1,403,881$695,764$551,442$1,071,644
56$1,503,018$685,798$525,856$1,111,875
57$1,610,879$673,956$498,026$1,155,191
58$1,728,310$660,101$467,831$1,201,926
59$1,856,243$644,091$435,149$1,252,449
60$1,995,702$625,774$399,848$1,307,172
61$2,147,814$604,987$361,794$1,366,550
62$2,313,821$581,562$320,844$1,431,089
63$2,495,089$555,317$276,851$1,501,350
64$2,693,122$526,061$229,659$1,577,957
65$2,909,576$493,594$179,108$1,661,600
66$3,146,274$457,700$125,029$1,753,042
67$3,405,222$418,156$67,246$1,853,133
68$3,688,631$374,722$5,575$1,962,812
69$3,998,933$327,146$0$2,083,119
70$4,338,810$275,161$0$2,223,563
71$4,711,212$218,487$0$2,378,432
72$5,119,388$156,826$0$2,548,393
73$5,566,919$89,864$0$2,735,042
74$6,057,747$17,269$0$2,940,138
75$6,596,214$0$0$3,165,631
76$7,187,103$0$0$3,442,681
77$7,835,682$0$0$3,755,835
78$8,547,753$0$0$4,099,733
79$9,329,711$0$0$4,477,474
80$10,188,595$0$0$4,892,471
81$11,132,165$0$0$5,348,484
82$12,168,965$0$0$5,849,655
83$13,308,410$0$0$6,400,548
84$14,560,872$0$0$7,006,190
85$15,937,778$0$0$7,672,121
86$17,451,717$0$0$8,404,442
87$19,116,558$0$0$9,209,878
88$20,947,584$0$0$10,095,836
89$22,961,630$0$0$11,070,478
90$25,177,246$0$0$12,142,796
91$27,614,872$0$0$13,322,700
92$30,297,026$0$0$14,621,106
93$33,248,521$0$0$16,050,044
94$36,496,697$0$0$17,622,767
95$40,071,676$0$0$19,353,879
96$44,006,651$0$0$21,259,474
97$48,338,195$0$0$23,357,281
98$53,106,607$0$0$25,666,839
99$58,356,291$0$0$28,209,676
100$64,136,177$0$0$31,009,514