Can I retire at age 45 with 558,000?

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 $558,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$46,079$45,669$45,268$44,877$44,496$43,741
2 years$22,811$22,387$21,975$21,576$21,188$20,430
3 years$15,057$14,630$14,219$13,824$13,443$12,705
4 years$11,180$10,755$10,348$9,959$9,588$8,875
5 years$8,854$8,432$8,030$7,650$7,288$6,604
6 years$7,305$6,885$6,490$6,117$5,767$5,112
7 years$6,198$5,782$5,393$5,030$4,690$4,064
8 years$5,369$4,956$4,574$4,219$3,891$3,293
9 years$4,724$4,315$3,939$3,594$3,277$2,708
10 years$4,208$3,804$3,434$3,098$2,792$2,251
11 years$3,787$3,386$3,024$2,696$2,401$1,888
12 years$3,436$3,039$2,683$2,365$2,081$1,594
13 years$3,139$2,747$2,397$2,088$1,814$1,354
14 years$2,885$2,497$2,154$1,853$1,591$1,155
15 years$2,665$2,281$1,945$1,653$1,400$990
16 years$2,472$2,093$1,763$1,480$1,238$850
17 years$2,303$1,927$1,605$1,330$1,097$733
18 years$2,152$1,781$1,465$1,198$976$633
19 years$2,017$1,650$1,341$1,083$870$548
20 years$1,896$1,534$1,231$981$777$475
21 years$1,787$1,429$1,132$890$695$412
22 years$1,688$1,333$1,043$809$623$358
23 years$1,597$1,247$963$737$559$312
24 years$1,515$1,169$891$672$503$272
25 years$1,439$1,097$825$614$452$237
26 years$1,369$1,031$765$561$408$207
27 years$1,304$970$711$514$367$180
28 years$1,244$914$661$471$332$157
29 years$1,188$862$615$432$299$138
30 years$1,136$814$573$396$271$120
31 years$1,087$770$534$364$245$105
32 years$1,042$728$498$334$221$92
33 years$999$690$465$307$200$80
34 years$959$654$435$283$181$70
35 years$922$620$406$260$164$62
36 years$886$589$380$240$149$54
37 years$853$559$356$221$135$47
38 years$821$531$333$204$122$41
39 years$791$505$312$188$111$36
40 years$763$481$293$173$101$32
41 years$736$457$274$160$91$28
42 years$710$436$257$148$83$24
43 years$686$415$241$136$75$21
44 years$663$396$227$126$68$19
45 years$641$377$213$116$62$16
46 years$620$360$200$107$56$14
47 years$600$344$188$99$51$13
48 years$581$328$176$92$46$11
49 years$562$313$166$85$42$10
50 years$545$299$156$78$38$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $558,000, adding $4,030 every year, while hoping to spend $25,620 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: 28/48/24 Blend
44$558,000$558,000$558,000$558,000
45$619,073$589,499$580,850$631,670
46$654,959$591,125$573,049$643,515
47$693,647$591,972$564,128$653,718
48$735,395$591,975$554,022$664,148
49$780,487$591,064$542,665$674,841
50$829,237$589,166$529,984$685,839
51$881,987$586,203$515,906$697,190
52$939,115$582,093$500,355$708,951
53$1,001,036$576,746$483,247$721,184
54$1,068,206$570,071$464,500$733,963
55$1,141,127$561,968$444,025$747,371
56$1,220,350$552,333$421,728$761,502
57$1,306,483$541,055$397,514$776,465
58$1,400,195$528,016$371,280$792,381
59$1,502,218$513,093$342,922$809,388
60$1,613,364$496,154$312,329$827,643
61$1,734,520$477,058$279,385$847,320
62$1,866,667$455,660$243,971$868,619
63$2,010,883$431,803$205,959$891,763
64$2,168,354$405,323$165,220$917,001
65$2,340,386$376,044$121,615$944,615
66$2,528,418$343,782$75,002$974,921
67$2,734,032$308,343$25,230$1,008,271
68$2,958,972$269,521$0$1,045,062
69$3,205,157$227,097$0$1,092,877
70$3,474,701$180,842$0$1,152,428
71$3,769,931$130,514$0$1,217,843
72$4,093,409$75,854$0$1,289,783
73$4,447,959$16,594$0$1,368,983
74$4,836,689$0$0$1,456,256
75$5,263,024$0$0$1,577,627
76$5,730,734$0$0$1,720,484
77$6,243,973$0$0$1,877,343
78$6,807,316$0$0$2,049,616
79$7,425,804$0$0$2,238,855
80$8,104,989$0$0$2,446,772
81$8,850,985$0$0$2,675,252
82$9,670,531$0$0$2,926,373
83$10,571,048$0$0$3,202,423
84$11,560,712$0$0$3,505,924
85$12,648,531$0$0$3,839,652
86$13,844,430$0$0$4,206,668
87$15,159,342$0$0$4,610,345
88$16,605,313$0$0$5,054,396
89$18,195,613$0$0$5,542,915
90$19,944,866$0$0$6,080,411
91$21,869,181$0$0$6,671,854
92$23,986,310$0$0$7,322,718
93$26,315,809$0$0$8,039,036
94$28,879,229$0$0$8,827,454
95$31,700,313$0$0$9,695,297
96$34,805,222$0$0$10,650,634
97$38,222,784$0$0$11,702,357
98$41,984,761$0$0$12,860,266
99$46,126,152$0$0$14,135,155
100$50,685,522$0$0$15,538,922