Can I retire at age 45 with 683,000?

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 $683,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$56,402$55,899$55,409$54,931$54,463$52,805
2 years$27,922$27,402$26,898$26,409$25,935$24,278
3 years$18,429$17,907$17,404$16,920$16,454$14,851
4 years$13,684$13,164$12,666$12,190$11,735$10,198
5 years$10,838$10,320$9,829$9,363$8,921$7,454
6 years$8,941$8,427$7,944$7,488$7,059$5,663
7 years$7,587$7,077$6,601$6,156$5,741$4,417
8 years$6,571$6,067$5,598$5,164$4,762$3,509
9 years$5,782$5,282$4,822$4,399$4,011$2,827
10 years$5,151$4,656$4,204$3,792$3,417$2,301
11 years$4,635$4,145$3,701$3,300$2,939$1,888
12 years$4,205$3,720$3,284$2,895$2,547$1,559
13 years$3,842$3,362$2,934$2,555$2,221$1,295
14 years$3,531$3,056$2,637$2,268$1,947$1,079
15 years$3,261$2,792$2,381$2,023$1,714$903
16 years$3,026$2,561$2,158$1,811$1,515$757
17 years$2,818$2,359$1,964$1,628$1,343$637
18 years$2,634$2,180$1,793$1,467$1,194$536
19 years$2,469$2,020$1,641$1,325$1,065$453
20 years$2,321$1,877$1,506$1,200$951$382
21 years$2,188$1,749$1,385$1,089$851$323
22 years$2,066$1,632$1,277$991$763$274
23 years$1,955$1,527$1,179$902$685$232
24 years$1,854$1,430$1,090$823$615$197
25 years$1,761$1,342$1,010$751$554$167
26 years$1,675$1,261$937$687$499$142
27 years$1,596$1,187$870$629$450$120
28 years$1,522$1,119$809$576$406$102
29 years$1,454$1,055$752$528$366$87
30 years$1,390$997$701$485$331$74
31 years$1,331$942$653$445$299$63
32 years$1,275$892$610$409$271$53
33 years$1,223$844$569$376$245$45
34 years$1,174$800$532$346$222$39
35 years$1,128$759$497$319$201$33
36 years$1,085$720$465$294$182$28
37 years$1,044$684$435$271$165$24
38 years$1,005$650$408$249$150$20
39 years$968$618$382$230$136$17
40 years$934$588$358$212$123$15
41 years$901$560$336$196$112$12
42 years$870$533$315$181$101$11
43 years$840$508$296$167$92$9
44 years$812$484$277$154$83$8
45 years$785$462$260$142$76$7
46 years$759$441$245$131$69$6
47 years$734$420$230$121$62$5
48 years$711$401$216$112$57$4
49 years$688$383$203$104$52$3
50 years$667$366$191$96$47$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $683,000, adding $3,616 every year, while hoping to spend $35,713 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: 85/9/6 Blend
44$683,000$683,000$683,000$683,000
45$756,396$720,197$709,610$820,165
46$795,550$717,488$695,384$859,589
47$837,501$713,450$679,484$897,628
48$882,496$707,979$661,817$938,278
49$930,807$700,966$642,284$981,777
50$982,732$692,297$620,784$1,028,385
51$1,038,599$681,847$597,208$1,078,393
52$1,098,766$669,487$571,444$1,132,117
53$1,163,628$655,081$543,376$1,189,908
54$1,233,619$638,481$512,880$1,252,149
55$1,309,216$619,533$479,829$1,319,264
56$1,390,940$598,075$444,088$1,391,721
57$1,479,369$573,934$405,517$1,470,033
58$1,575,134$546,926$363,971$1,554,767
59$1,678,930$516,857$319,297$1,646,545
60$1,791,522$483,524$271,334$1,746,056
61$1,913,750$446,710$219,917$1,854,055
62$2,046,540$406,187$164,872$1,971,378
63$2,190,908$361,711$106,016$2,098,942
64$2,347,975$313,028$43,161$2,237,761
65$2,518,970$259,868$0$2,388,950
66$2,705,248$201,946$0$2,555,270
67$2,908,302$138,960$0$2,739,593
68$3,129,771$70,591$0$2,940,660
69$3,371,462$0$0$3,160,131
70$3,635,363$0$0$3,400,181
71$3,923,662$0$0$3,670,072
72$4,238,769$0$0$3,965,068
73$4,583,336$0$0$4,287,654
74$4,960,283$0$0$4,640,565
75$5,372,826$0$0$5,026,814
76$5,824,507$0$0$5,449,717
77$6,319,224$0$0$5,912,926
78$6,861,271$0$0$6,420,464
79$7,455,378$0$0$6,976,759
80$8,106,753$0$0$7,586,692
81$8,821,133$0$0$8,255,634
82$9,604,836$0$0$8,989,503
83$10,464,820$0$0$9,794,819
84$11,408,752$0$0$10,678,761
85$12,445,075$0$0$11,649,239
86$13,583,091$0$0$12,714,965
87$14,833,047$0$0$13,885,536
88$16,206,229$0$0$15,171,526
89$17,715,072$0$0$16,584,580
90$19,373,275$0$0$18,137,532
91$21,195,929$0$0$19,844,516
92$23,199,662$0$0$21,721,106
93$25,402,790$0$0$23,784,461
94$27,825,496$0$0$26,053,484
95$30,490,014$0$0$28,549,002
96$33,420,841$0$0$31,293,962
97$36,644,970$0$0$34,313,645
98$40,192,138$0$0$37,635,910
99$44,095,113$0$0$41,291,446
100$48,389,998$0$0$45,314,073