Can I retire at age 45 with 564,000?

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 $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%14%
1 years$46,575$46,160$45,755$45,360$44,974$44,229
2 years$23,057$22,627$22,211$21,808$21,416$20,668
3 years$15,218$14,787$14,372$13,972$13,587$12,859
4 years$11,300$10,870$10,459$10,066$9,691$8,988
5 years$8,950$8,522$8,117$7,732$7,367$6,691
6 years$7,383$6,959$6,560$6,183$5,829$5,182
7 years$6,265$5,844$5,451$5,084$4,741$4,122
8 years$5,426$5,010$4,623$4,265$3,933$3,342
9 years$4,775$4,362$3,982$3,632$3,312$2,750
10 years$4,253$3,845$3,471$3,131$2,822$2,287
11 years$3,827$3,423$3,056$2,725$2,427$1,919
12 years$3,473$3,072$2,712$2,390$2,103$1,622
13 years$3,173$2,776$2,423$2,110$1,834$1,378
14 years$2,916$2,524$2,177$1,873$1,608$1,177
15 years$2,693$2,305$1,966$1,671$1,416$1,009
16 years$2,499$2,115$1,782$1,496$1,251$868
17 years$2,327$1,948$1,622$1,344$1,109$748
18 years$2,175$1,800$1,480$1,211$986$647
19 years$2,039$1,668$1,355$1,094$879$560
20 years$1,917$1,550$1,244$991$785$486
21 years$1,806$1,444$1,144$900$703$422
22 years$1,706$1,348$1,054$818$630$367
23 years$1,615$1,261$974$745$565$320
24 years$1,531$1,181$900$679$508$279
25 years$1,454$1,108$834$620$457$243
26 years$1,383$1,042$773$567$412$212
27 years$1,318$980$718$519$371$185
28 years$1,257$924$668$476$335$162
29 years$1,201$871$621$436$303$142
30 years$1,148$823$579$400$273$124
31 years$1,099$778$540$368$247$108
32 years$1,053$736$503$338$224$95
33 years$1,010$697$470$311$202$83
34 years$970$661$439$286$183$73
35 years$932$627$411$263$166$64
36 years$896$595$384$242$150$56
37 years$862$565$360$223$136$49
38 years$830$537$337$206$124$43
39 years$800$511$315$190$112$38
40 years$771$486$296$175$102$33
41 years$744$462$277$162$92$29
42 years$718$440$260$149$84$25
43 years$693$420$244$138$76$22
44 years$670$400$229$127$69$19
45 years$648$381$215$117$63$17
46 years$627$364$202$108$57$15
47 years$606$347$190$100$52$13
48 years$587$331$178$93$47$12
49 years$568$317$168$86$43$10
50 years$551$302$158$79$39$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $564,000, adding $5,023 every year, while hoping to spend $29,213 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: 52/36/12 Blend
44$564,000$564,000$564,000$564,000
45$626,709$596,817$588,075$657,058
46$659,551$594,979$576,693$676,480
47$694,764$592,071$563,951$694,054
48$732,558$588,011$549,772$712,495
49$773,166$582,711$534,076$731,894
50$816,841$576,076$516,780$752,352
51$863,863$568,007$497,796$773,978
52$914,537$558,400$477,033$796,899
53$969,201$547,143$454,394$821,253
54$1,028,225$534,118$429,781$847,195
55$1,092,013$519,199$403,089$874,898
56$1,161,014$502,256$374,208$904,555
57$1,235,718$483,146$343,024$936,379
58$1,316,665$461,724$309,419$970,610
59$1,404,447$437,831$273,267$1,007,512
60$1,499,718$411,302$234,439$1,047,382
61$1,603,195$381,962$192,798$1,090,547
62$1,715,668$349,625$148,204$1,137,373
63$1,838,005$314,095$100,507$1,188,264
64$1,971,161$275,166$49,554$1,243,671
65$2,116,189$232,618$0$1,304,095
66$2,274,244$186,220$0$1,370,706
67$2,446,600$135,728$0$1,450,315
68$2,634,658$80,884$0$1,537,277
69$2,839,962$21,415$0$1,632,370
70$3,064,208$0$0$1,736,461
71$3,309,266$0$0$1,867,526
72$3,577,194$0$0$2,020,152
73$3,870,258$0$0$2,187,153
74$4,190,953$0$0$2,369,958
75$4,542,025$0$0$2,570,140
76$4,926,499$0$0$2,789,432
77$5,347,708$0$0$3,029,741
78$5,809,319$0$0$3,293,169
79$6,315,373$0$0$3,582,031
80$6,870,319$0$0$3,898,874
81$7,479,060$0$0$4,246,507
82$8,146,994$0$0$4,628,022
83$8,880,066$0$0$5,046,825
84$9,684,827$0$0$5,506,668
85$10,568,492$0$0$6,011,685
86$11,539,009$0$0$6,566,429
87$12,605,134$0$0$7,175,915
88$13,776,511$0$0$7,845,670
89$15,063,767$0$0$8,581,782
90$16,478,607$0$0$9,390,956
91$18,033,929$0$0$10,280,581
92$19,743,941$0$0$11,258,798
93$21,624,296$0$0$12,334,576
94$23,692,241$0$0$13,517,795
95$25,966,778$0$0$14,819,344
96$28,468,843$0$0$16,251,216
97$31,221,502$0$0$17,826,629
98$34,250,170$0$0$19,560,144
99$37,582,851$0$0$21,467,807
100$41,250,400$0$0$23,567,295