Can I retire at age 45 with 559,000?

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 $559,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$46,162$45,751$45,349$44,958$44,575$44,055
2 years$22,852$22,427$22,014$21,614$21,226$20,703
3 years$15,084$14,656$14,245$13,849$13,467$12,956
4 years$11,200$10,774$10,366$9,977$9,605$9,110
5 years$8,870$8,447$8,045$7,663$7,301$6,825
6 years$7,318$6,897$6,501$6,128$5,777$5,320
7 years$6,209$5,792$5,403$5,039$4,698$4,260
8 years$5,378$4,965$4,582$4,227$3,898$3,479
9 years$4,732$4,323$3,946$3,600$3,283$2,882
10 years$4,216$3,811$3,441$3,103$2,797$2,415
11 years$3,793$3,392$3,029$2,701$2,405$2,042
12 years$3,442$3,045$2,688$2,369$2,084$1,739
13 years$3,144$2,752$2,402$2,092$1,818$1,489
14 years$2,890$2,501$2,158$1,857$1,593$1,282
15 years$2,669$2,285$1,948$1,656$1,403$1,108
16 years$2,477$2,096$1,766$1,483$1,240$961
17 years$2,307$1,931$1,607$1,332$1,099$836
18 years$2,156$1,784$1,467$1,200$978$728
19 years$2,021$1,653$1,343$1,085$871$636
20 years$1,900$1,536$1,233$982$778$557
21 years$1,790$1,431$1,134$892$696$488
22 years$1,691$1,336$1,045$811$624$429
23 years$1,600$1,249$965$738$560$377
24 years$1,517$1,171$892$673$504$332
25 years$1,441$1,099$827$615$453$292
26 years$1,371$1,032$767$562$408$257
27 years$1,306$972$712$515$368$227
28 years$1,246$916$662$472$332$200
29 years$1,190$864$616$432$300$177
30 years$1,138$816$574$397$271$156
31 years$1,089$771$535$364$245$138
32 years$1,044$730$499$335$222$122
33 years$1,001$691$466$308$201$108
34 years$961$655$435$283$182$95
35 years$923$621$407$261$164$84
36 years$888$590$381$240$149$75
37 years$854$560$356$221$135$66
38 years$823$532$334$204$122$59
39 years$793$506$313$188$111$52
40 years$764$481$293$174$101$46
41 years$737$458$275$160$91$41
42 years$712$436$258$148$83$36
43 years$687$416$242$136$75$32
44 years$664$396$227$126$68$28
45 years$642$378$213$116$62$25
46 years$621$361$200$107$56$22
47 years$601$344$188$99$51$20
48 years$582$329$177$92$46$17
49 years$563$314$166$85$42$15
50 years$546$300$156$78$38$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $559,000, adding $2,082 every year, while hoping to spend $42,286 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: 88/5/7 Blend
44$559,000$559,000$559,000$559,000
45$618,166$588,539$579,874$672,089
46$636,226$572,385$554,308$691,364
47$654,712$554,023$526,468$706,448
48$673,622$533,299$496,234$721,650
49$692,952$510,051$463,478$736,949
50$712,699$484,109$428,070$752,323
51$732,855$455,292$389,872$767,747
52$753,413$423,407$348,739$783,191
53$774,360$388,253$304,520$798,623
54$795,683$349,615$257,060$814,008
55$817,364$307,268$206,193$829,304
56$839,383$260,973$151,749$844,468
57$861,716$210,476$93,548$859,449
58$884,333$155,511$31,404$874,192
59$907,201$95,797$0$888,635
60$930,280$31,036$0$905,319
61$953,526$0$0$924,232
62$976,886$0$0$945,110
63$1,000,301$0$0$967,746
64$1,023,703$0$0$990,368
65$1,047,015$0$0$1,012,900
66$1,070,150$0$0$1,035,259
67$1,093,009$0$0$1,057,347
68$1,115,482$0$0$1,079,058
69$1,137,444$0$0$1,100,271
70$1,158,753$0$0$1,120,848
71$1,179,252$0$0$1,140,637
72$1,198,765$0$0$1,159,467
73$1,217,094$0$0$1,177,145
74$1,234,018$0$0$1,193,459
75$1,249,291$0$0$1,208,168
76$1,262,638$0$0$1,221,006
77$1,273,753$0$0$1,231,676
78$1,282,294$0$0$1,239,847
79$1,287,884$0$0$1,245,152
80$1,290,100$0$0$1,247,182
81$1,288,473$0$0$1,245,481
82$1,282,485$0$0$1,239,547
83$1,271,557$0$0$1,228,819
84$1,255,049$0$0$1,212,675
85$1,232,253$0$0$1,190,429
86$1,202,380$0$0$1,161,316
87$1,164,560$0$0$1,124,492
88$1,117,829$0$0$1,079,020
89$1,061,116$0$0$1,023,865
90$993,241$0$0$957,880
91$912,895$0$0$879,796
92$818,632$0$0$788,210
93$708,852$0$0$681,571
94$581,785$0$0$558,163
95$435,478$0$0$416,090
96$267,770$0$0$253,257
97$76,273$0$0$67,349
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0