Can I retire at age 45 with 559,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16.1%
1 years$46,162$45,751$45,349$44,958$44,575$43,463
2 years$22,852$22,427$22,014$21,614$21,226$20,112
3 years$15,084$14,656$14,245$13,849$13,467$12,386
4 years$11,200$10,774$10,366$9,977$9,605$8,566
5 years$8,870$8,447$8,045$7,663$7,301$6,307
6 years$7,318$6,897$6,501$6,128$5,777$4,829
7 years$6,209$5,792$5,403$5,039$4,698$3,796
8 years$5,378$4,965$4,582$4,227$3,898$3,041
9 years$4,732$4,323$3,946$3,600$3,283$2,470
10 years$4,216$3,811$3,441$3,103$2,797$2,028
11 years$3,793$3,392$3,029$2,701$2,405$1,680
12 years$3,442$3,045$2,688$2,369$2,084$1,400
13 years$3,144$2,752$2,402$2,092$1,818$1,173
14 years$2,890$2,501$2,158$1,857$1,593$988
15 years$2,669$2,285$1,948$1,656$1,403$834
16 years$2,477$2,096$1,766$1,483$1,240$707
17 years$2,307$1,931$1,607$1,332$1,099$601
18 years$2,156$1,784$1,467$1,200$978$511
19 years$2,021$1,653$1,343$1,085$871$436
20 years$1,900$1,536$1,233$982$778$372
21 years$1,790$1,431$1,134$892$696$318
22 years$1,691$1,336$1,045$811$624$272
23 years$1,600$1,249$965$738$560$233
24 years$1,517$1,171$892$673$504$200
25 years$1,441$1,099$827$615$453$172
26 years$1,371$1,032$767$562$408$147
27 years$1,306$972$712$515$368$127
28 years$1,246$916$662$472$332$109
29 years$1,190$864$616$432$300$93
30 years$1,138$816$574$397$271$80
31 years$1,089$771$535$364$245$69
32 years$1,044$730$499$335$222$59
33 years$1,001$691$466$308$201$51
34 years$961$655$435$283$182$44
35 years$923$621$407$261$164$38
36 years$888$590$381$240$149$33
37 years$854$560$356$221$135$28
38 years$823$532$334$204$122$24
39 years$793$506$313$188$111$21
40 years$764$481$293$174$101$18
41 years$737$458$275$160$91$15
42 years$712$436$258$148$83$13
43 years$687$416$242$136$75$11
44 years$664$396$227$126$68$10
45 years$642$378$213$116$62$8
46 years$621$361$200$107$56$7
47 years$601$344$188$99$51$6
48 years$582$329$177$92$46$5
49 years$563$314$166$85$42$5
50 years$546$300$156$78$38$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $559,000, adding $3,091 every year, while hoping to spend $21,219 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: 69/22/9 Blend
44$559,000$559,000$559,000$559,000
45$619,206$589,579$580,915$660,661
46$659,789$595,892$577,799$694,854
47$703,799$601,803$573,867$729,377
48$751,565$607,269$569,070$766,575
49$803,446$612,247$563,355$806,705
50$859,839$616,689$556,669$850,054
51$921,179$620,542$548,954$896,935
52$987,944$623,755$540,149$947,694
53$1,060,664$626,268$530,193$1,002,715
54$1,139,917$628,020$519,020$1,062,417
55$1,226,342$628,947$506,561$1,127,265
56$1,320,643$628,979$492,745$1,197,771
57$1,423,593$628,043$477,496$1,274,499
58$1,536,043$626,061$460,736$1,358,071
59$1,658,931$622,950$442,382$1,449,175
60$1,793,290$618,622$422,350$1,548,566
61$1,940,255$612,985$400,548$1,657,079
62$2,101,079$605,938$376,884$1,775,634
63$2,277,138$597,378$351,259$1,905,245
64$2,469,950$587,194$323,570$2,047,032
65$2,681,187$575,268$293,711$2,202,227
66$2,912,687$561,476$261,570$2,372,190
67$3,166,479$545,685$227,030$2,558,422
68$3,444,792$527,757$189,968$2,762,577
69$3,750,087$507,543$150,258$2,986,477
70$4,085,071$484,887$107,766$3,232,133
71$4,452,726$459,624$62,354$3,501,762
72$4,856,337$431,579$13,877$3,797,809
73$5,299,524$400,567$0$4,122,968
74$5,786,273$366,393$0$4,483,847
75$6,320,976$328,849$0$4,881,745
76$6,908,470$287,717$0$5,318,956
77$7,554,085$242,767$0$5,799,479
78$8,263,693$193,753$0$6,327,723
79$9,043,763$140,420$0$6,908,547
80$9,901,421$82,494$0$7,547,307
81$10,844,518$19,689$0$8,249,907
82$11,881,705$0$0$9,022,855
83$13,022,514$0$0$9,885,016
84$14,277,444$0$0$10,838,703
85$15,658,066$0$0$11,887,947
86$17,177,128$0$0$13,042,440
87$18,848,676$0$0$14,312,862
88$20,688,185$0$0$15,710,980
89$22,712,707$0$0$17,249,760
90$24,941,033$0$0$18,943,487
91$27,393,863$0$0$20,807,903
92$30,094,011$0$0$22,860,354
93$33,066,613$0$0$25,119,951
94$36,339,364$0$0$27,607,753
95$39,942,785$0$0$30,346,967
96$43,910,504$0$0$33,363,163
97$48,279,578$0$0$36,684,515
98$53,090,838$0$0$40,342,073
99$58,389,279$0$0$44,370,047
100$64,224,482$0$0$48,806,136