Can I retire at age 45 with 561,000?

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 $561,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$46,327$45,914$45,512$45,119$44,735$44,546
2 years$22,934$22,507$22,093$21,692$21,302$21,112
3 years$15,138$14,709$14,296$13,898$13,515$13,329
4 years$11,240$10,812$10,404$10,013$9,639$9,458
5 years$8,902$8,477$8,074$7,691$7,327$7,153
6 years$7,344$6,922$6,525$6,150$5,798$5,630
7 years$6,232$5,813$5,422$5,057$4,715$4,553
8 years$5,398$4,983$4,598$4,242$3,912$3,756
9 years$4,749$4,339$3,961$3,613$3,294$3,145
10 years$4,231$3,824$3,453$3,115$2,807$2,664
11 years$3,807$3,404$3,040$2,711$2,414$2,277
12 years$3,454$3,056$2,698$2,378$2,092$1,961
13 years$3,156$2,761$2,410$2,099$1,824$1,699
14 years$2,900$2,510$2,166$1,863$1,599$1,480
15 years$2,679$2,293$1,955$1,662$1,408$1,295
16 years$2,485$2,104$1,773$1,488$1,244$1,137
17 years$2,315$1,938$1,613$1,337$1,103$1,001
18 years$2,164$1,790$1,473$1,205$981$884
19 years$2,028$1,659$1,348$1,089$874$782
20 years$1,907$1,542$1,237$986$781$694
21 years$1,797$1,436$1,138$895$699$616
22 years$1,697$1,341$1,049$814$627$549
23 years$1,606$1,254$968$741$562$489
24 years$1,523$1,175$896$676$505$436
25 years$1,446$1,102$830$617$455$389
26 years$1,376$1,036$769$564$410$348
27 years$1,311$975$714$517$369$311
28 years$1,250$919$664$473$333$279
29 years$1,194$867$618$434$301$250
30 years$1,142$819$576$398$272$224
31 years$1,093$774$537$366$246$201
32 years$1,047$732$501$336$222$180
33 years$1,005$693$468$309$201$162
34 years$964$657$437$284$182$145
35 years$927$623$408$262$165$130
36 years$891$592$382$241$150$117
37 years$857$562$358$222$136$105
38 years$826$534$335$205$123$95
39 years$795$508$314$189$111$85
40 years$767$483$294$174$101$77
41 years$740$460$276$161$92$69
42 years$714$438$259$148$83$62
43 years$690$417$243$137$76$56
44 years$667$398$228$126$69$50
45 years$644$379$214$117$62$45
46 years$623$362$201$108$56$41
47 years$603$345$189$100$51$37
48 years$584$330$177$92$47$33
49 years$565$315$167$85$42$30
50 years$548$301$157$79$38$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $561,000, adding $4,366 every year, while hoping to spend $27,269 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: 54/40/6 Blend
44$561,000$561,000$561,000$561,000
45$622,726$592,993$584,297$655,278
46$657,230$593,035$574,857$677,814
47$694,339$592,166$564,187$698,940
48$734,291$590,311$552,216$721,267
49$777,345$587,394$538,872$744,911
50$823,789$583,330$524,079$770,002
51$873,934$578,032$507,754$796,687
52$928,127$571,408$489,816$825,126
53$986,747$563,358$470,176$855,499
54$1,050,211$553,778$448,742$888,003
55$1,118,977$542,557$425,419$922,859
56$1,193,549$529,578$400,107$960,313
57$1,274,480$514,717$372,700$1,000,634
58$1,362,382$497,843$343,090$1,044,124
59$1,457,923$478,815$311,162$1,091,117
60$1,561,841$457,488$276,796$1,141,981
61$1,674,949$433,704$239,868$1,197,128
62$1,798,138$407,300$200,248$1,257,011
63$1,932,391$378,101$157,800$1,322,133
64$2,078,789$345,922$112,381$1,393,052
65$2,238,523$310,570$63,843$1,470,385
66$2,412,902$271,838$12,031$1,554,817
67$2,603,369$229,508$0$1,647,102
68$2,811,510$183,351$0$1,750,850
69$3,039,074$133,125$0$1,865,220
70$3,287,983$78,572$0$1,990,479
71$3,560,358$19,423$0$2,127,772
72$3,858,530$0$0$2,278,370
73$4,185,069$0$0$2,463,309
74$4,542,803$0$0$2,675,334
75$4,934,849$0$0$2,907,751
76$5,364,636$0$0$3,162,599
77$5,835,944$0$0$3,442,126
78$6,352,935$0$0$3,748,810
79$6,920,194$0$0$4,085,376
80$7,542,770$0$0$4,454,828
81$8,226,225$0$0$4,860,476
82$8,976,686$0$0$5,305,965
83$9,800,904$0$0$5,795,310
84$10,706,312$0$0$6,332,934
85$11,701,101$0$0$6,923,711
86$12,794,296$0$0$7,573,009
87$13,995,837$0$0$8,286,742
88$15,316,675$0$0$9,071,427
89$16,768,877$0$0$9,934,242
90$18,365,735$0$0$10,883,096
91$20,121,895$0$0$11,926,703
92$22,053,493$0$0$13,074,664
93$24,178,308$0$0$14,337,558
94$26,515,928$0$0$15,727,039
95$29,087,935$0$0$17,255,949
96$31,918,110$0$0$18,938,438
97$35,032,654$0$0$20,790,096
98$38,460,436$0$0$22,828,101
99$42,233,267$0$0$25,071,381
100$46,386,198$0$0$27,540,792