Starting investing at 45: a simple catch‑up plan

At 45, the plan is about clear targets and consistency. Use the calculator to estimate monthly contributions and test retirement ages.

Step 1: define your target

Start with a target amount or an income goal. If you’re unsure, use Retirement to estimate a portfolio target from an annual income number.

Try 65, 67, and 70. A small delay can reduce the monthly “catch‑up” amount significantly.

Even small annual increases (e.g. +$50/month each year) can make a big difference. The habit matters more than perfection.

Is 45 too late?

Often no. You still have years for compounding. The key is consistency and realistic assumptions.

What if the required monthly number is too high?

Increase timeline, reduce target, or plan for partial retirement. Re-run the calculator with different inputs.

Should I invest aggressively to catch up?

Be cautious. Higher risk can help or hurt. Start conservative and only increase risk if you understand it.

How do I choose a target amount?

Use /retire.html with your income goal and a withdrawal rate to estimate a target portfolio.

What should I focus on most?

Contribution rate + time horizon + staying invested.