Can I retire at age 45 with 564,000?

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 $564,000?

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%
1 years$46,575$46,160$45,755$45,360$44,974$44,766
2 years$23,057$22,627$22,211$21,808$21,416$21,206
3 years$15,218$14,787$14,372$13,972$13,587$13,382
4 years$11,300$10,870$10,459$10,066$9,691$9,491
5 years$8,950$8,522$8,117$7,732$7,367$7,174
6 years$7,383$6,959$6,560$6,183$5,829$5,643
7 years$6,265$5,844$5,451$5,084$4,741$4,562
8 years$5,426$5,010$4,623$4,265$3,933$3,761
9 years$4,775$4,362$3,982$3,632$3,312$3,147
10 years$4,253$3,845$3,471$3,131$2,822$2,664
11 years$3,827$3,423$3,056$2,725$2,427$2,276
12 years$3,473$3,072$2,712$2,390$2,103$1,959
13 years$3,173$2,776$2,423$2,110$1,834$1,696
14 years$2,916$2,524$2,177$1,873$1,608$1,477
15 years$2,693$2,305$1,966$1,671$1,416$1,291
16 years$2,499$2,115$1,782$1,496$1,251$1,132
17 years$2,327$1,948$1,622$1,344$1,109$997
18 years$2,175$1,800$1,480$1,211$986$879
19 years$2,039$1,668$1,355$1,094$879$778
20 years$1,917$1,550$1,244$991$785$689
21 years$1,806$1,444$1,144$900$703$612
22 years$1,706$1,348$1,054$818$630$544
23 years$1,615$1,261$974$745$565$484
24 years$1,531$1,181$900$679$508$432
25 years$1,454$1,108$834$620$457$385
26 years$1,383$1,042$773$567$412$344
27 years$1,318$980$718$519$371$308
28 years$1,257$924$668$476$335$275
29 years$1,201$871$621$436$303$246
30 years$1,148$823$579$400$273$221
31 years$1,099$778$540$368$247$198
32 years$1,053$736$503$338$224$177
33 years$1,010$697$470$311$202$159
34 years$970$661$439$286$183$143
35 years$932$627$411$263$166$128
36 years$896$595$384$242$150$115
37 years$862$565$360$223$136$103
38 years$830$537$337$206$124$93
39 years$800$511$315$190$112$83
40 years$771$486$296$175$102$75
41 years$744$462$277$162$92$67
42 years$718$440$260$149$84$60
43 years$693$420$244$138$76$54
44 years$670$400$229$127$69$49
45 years$648$381$215$117$63$44
46 years$627$364$202$108$57$40
47 years$606$347$190$100$52$36
48 years$587$331$178$93$47$32
49 years$568$317$168$86$43$29
50 years$551$302$158$79$39$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $564,000, adding $4,888 every year, while hoping to spend $50,783 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: 54/41/5 Blend
44$564,000$564,000$564,000$564,000
45$626,570$596,678$587,936$659,479
46$636,447$571,882$553,599$657,457
47$645,630$544,170$516,410$649,212
48$653,994$513,344$476,219$638,989
49$661,400$479,196$432,871$626,609
50$667,694$441,508$386,203$611,877
51$672,702$400,045$336,045$594,581
52$676,234$354,564$282,219$574,493
53$678,076$304,804$224,539$551,365
54$677,992$250,491$162,813$524,927
55$675,717$191,335$96,837$494,890
56$670,960$127,030$26,401$460,936
57$663,397$57,254$0$422,722
58$652,669$0$0$382,477
59$638,377$0$0$347,142
60$620,080$0$0$335,222
61$597,289$0$0$320,596
62$569,463$0$0$302,940
63$536,003$0$0$281,897
64$496,247$0$0$257,071
65$449,461$0$0$228,025
66$394,835$0$0$194,276
67$331,472$0$0$155,288
68$258,382$0$0$110,472
69$174,469$0$0$59,173
70$78,524$0$0$672
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0