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%15.6%
1 years$46,162$45,751$45,349$44,958$44,575$43,551
2 years$22,852$22,427$22,014$21,614$21,226$20,200
3 years$15,084$14,656$14,245$13,849$13,467$12,470
4 years$11,200$10,774$10,366$9,977$9,605$8,646
5 years$8,870$8,447$8,045$7,663$7,301$6,383
6 years$7,318$6,897$6,501$6,128$5,777$4,900
7 years$6,209$5,792$5,403$5,039$4,698$3,863
8 years$5,378$4,965$4,582$4,227$3,898$3,104
9 years$4,732$4,323$3,946$3,600$3,283$2,529
10 years$4,216$3,811$3,441$3,103$2,797$2,083
11 years$3,793$3,392$3,029$2,701$2,405$1,730
12 years$3,442$3,045$2,688$2,369$2,084$1,447
13 years$3,144$2,752$2,402$2,092$1,818$1,217
14 years$2,890$2,501$2,158$1,857$1,593$1,028
15 years$2,669$2,285$1,948$1,656$1,403$871
16 years$2,477$2,096$1,766$1,483$1,240$741
17 years$2,307$1,931$1,607$1,332$1,099$632
18 years$2,156$1,784$1,467$1,200$978$540
19 years$2,021$1,653$1,343$1,085$871$462
20 years$1,900$1,536$1,233$982$778$396
21 years$1,790$1,431$1,134$892$696$340
22 years$1,691$1,336$1,045$811$624$292
23 years$1,600$1,249$965$738$560$251
24 years$1,517$1,171$892$673$504$216
25 years$1,441$1,099$827$615$453$186
26 years$1,371$1,032$767$562$408$160
27 years$1,306$972$712$515$368$138
28 years$1,246$916$662$472$332$119
29 years$1,190$864$616$432$300$103
30 years$1,138$816$574$397$271$89
31 years$1,089$771$535$364$245$77
32 years$1,044$730$499$335$222$66
33 years$1,001$691$466$308$201$57
34 years$961$655$435$283$182$50
35 years$923$621$407$261$164$43
36 years$888$590$381$240$149$37
37 years$854$560$356$221$135$32
38 years$823$532$334$204$122$28
39 years$793$506$313$188$111$24
40 years$764$481$293$174$101$21
41 years$737$458$275$160$91$18
42 years$712$436$258$148$83$15
43 years$687$416$242$136$75$13
44 years$664$396$227$126$68$12
45 years$642$378$213$116$62$10
46 years$621$361$200$107$56$9
47 years$601$344$188$99$51$7
48 years$582$329$177$92$46$6
49 years$563$314$166$85$42$6
50 years$546$300$156$78$38$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $559,000, adding $4,731 every year, while hoping to spend $23,761 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: 51/36/13 Blend
44$559,000$559,000$559,000$559,000
45$620,898$591,271$582,607$650,160
46$658,948$594,962$576,842$674,396
47$700,083$598,037$570,089$697,828
48$744,592$600,441$562,287$722,763
49$792,794$602,116$553,377$749,352
50$845,038$602,999$543,295$777,758
51$901,710$603,024$531,973$808,163
52$963,232$602,120$519,342$840,770
53$1,030,070$600,213$505,328$875,803
54$1,102,736$597,222$489,856$913,508
55$1,181,794$593,065$472,844$954,159
56$1,267,863$587,650$454,210$998,061
57$1,361,624$580,885$433,866$1,045,550
58$1,463,830$572,668$411,720$1,096,995
59$1,575,304$562,893$387,677$1,152,810
60$1,696,958$551,447$361,637$1,213,449
61$1,829,790$538,211$333,495$1,279,415
62$1,974,904$523,058$303,141$1,351,265
63$2,133,511$505,855$270,464$1,429,615
64$2,306,947$486,459$235,342$1,515,146
65$2,496,681$464,722$197,651$1,608,611
66$2,704,333$440,483$157,263$1,710,842
67$2,931,684$413,576$114,041$1,822,759
68$3,180,698$383,824$67,843$1,945,380
69$3,453,536$351,037$18,522$2,079,829
70$3,752,578$315,019$0$2,227,348
71$4,080,445$275,560$0$2,394,042
72$4,440,027$232,438$0$2,579,745
73$4,834,501$185,420$0$2,783,584
74$5,267,372$134,258$0$3,007,434
75$5,742,499$78,691$0$3,253,366
76$6,264,130$18,443$0$3,523,663
77$6,836,949$0$0$3,820,848
78$7,466,113$0$0$4,166,232
79$8,157,302$0$0$4,553,753
80$8,916,777$0$0$4,979,623
81$9,751,432$0$0$5,447,715
82$10,668,865$0$0$5,962,297
83$11,677,443$0$0$6,528,073
84$12,786,387$0$0$7,150,223
85$14,005,855$0$0$7,834,455
86$15,347,040$0$0$8,587,059
87$16,822,273$0$0$9,414,963
88$18,445,138$0$0$10,325,802
89$20,230,607$0$0$11,327,988
90$22,195,171$0$0$12,430,789
91$24,357,004$0$0$13,644,416
92$26,736,128$0$0$14,980,124
93$29,354,606$0$0$16,450,308
94$32,236,748$0$0$18,068,631
95$35,409,339$0$0$19,850,145
96$38,901,895$0$0$21,811,437
97$42,746,937$0$0$23,970,783
98$46,980,300$0$0$26,348,322
99$51,641,471$0$0$28,966,243
100$56,773,961$0$0$31,849,000