Can I retire at age 45 with 565,000?

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 $565,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$46,657$46,242$45,836$45,440$45,054$44,036
2 years$23,098$22,667$22,251$21,846$21,454$20,434
3 years$15,245$14,813$14,398$13,997$13,611$12,621
4 years$11,320$10,889$10,478$10,084$9,708$8,755
5 years$8,966$8,537$8,131$7,746$7,380$6,467
6 years$7,396$6,971$6,571$6,194$5,839$4,967
7 years$6,276$5,855$5,461$5,093$4,749$3,918
8 years$5,436$5,018$4,631$4,272$3,940$3,150
9 years$4,783$4,370$3,989$3,639$3,318$2,568
10 years$4,261$3,852$3,477$3,137$2,827$2,117
11 years$3,834$3,429$3,062$2,730$2,431$1,759
12 years$3,479$3,077$2,717$2,394$2,107$1,472
13 years$3,178$2,781$2,427$2,114$1,837$1,239
14 years$2,921$2,528$2,181$1,877$1,611$1,047
15 years$2,698$2,309$1,969$1,674$1,418$888
16 years$2,503$2,119$1,785$1,498$1,253$756
17 years$2,331$1,951$1,625$1,346$1,111$645
18 years$2,179$1,803$1,483$1,213$988$551
19 years$2,043$1,671$1,358$1,096$881$472
20 years$1,920$1,553$1,246$993$787$405
21 years$1,810$1,446$1,146$901$704$348
22 years$1,709$1,350$1,056$819$631$299
23 years$1,618$1,263$975$746$566$258
24 years$1,534$1,183$902$681$509$222
25 years$1,457$1,110$835$622$458$191
26 years$1,386$1,044$775$568$413$165
27 years$1,320$982$719$520$372$142
28 years$1,259$925$669$477$336$123
29 years$1,203$873$622$437$303$106
30 years$1,150$824$580$401$274$92
31 years$1,101$779$541$368$248$79
32 years$1,055$737$504$339$224$69
33 years$1,012$698$471$311$203$59
34 years$971$662$440$286$184$51
35 years$933$628$411$264$166$44
36 years$897$596$385$243$151$38
37 years$863$566$360$224$137$33
38 years$831$538$337$206$124$29
39 years$801$511$316$190$112$25
40 years$772$487$296$175$102$21
41 years$745$463$278$162$92$19
42 years$719$441$261$149$84$16
43 years$695$420$244$138$76$14
44 years$671$401$229$127$69$12
45 years$649$382$215$118$63$10
46 years$628$364$202$109$57$9
47 years$607$348$190$100$52$8
48 years$588$332$179$93$47$7
49 years$569$317$168$86$43$6
50 years$552$303$158$79$39$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $565,000, adding $4,303 every year, while hoping to spend $32,873 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: 30/49/21 Blend
44$565,000$565,000$565,000$565,000
45$627,069$597,124$588,366$641,659
46$656,053$591,406$573,100$647,419
47$686,892$584,306$556,220$650,369
48$719,740$575,723$537,639$652,854
49$754,766$565,546$517,262$654,852
50$792,156$553,661$494,994$656,346
51$832,113$539,947$470,733$657,318
52$874,858$524,274$444,373$657,752
53$920,636$506,507$415,802$657,634
54$969,715$486,499$384,905$656,954
55$1,022,388$464,100$351,561$655,705
56$1,078,976$439,146$315,644$653,881
57$1,139,835$411,467$277,021$651,483
58$1,205,351$380,882$235,554$648,518
59$1,275,952$347,200$191,100$644,996
60$1,352,105$310,218$143,507$640,936
61$1,434,325$269,724$92,620$636,364
62$1,523,176$225,491$38,273$631,315
63$1,619,281$177,281$0$625,835
64$1,723,322$124,842$0$624,402
65$1,836,050$67,908$0$632,106
66$1,958,290$6,198$0$640,490
67$2,090,949$0$0$649,703
68$2,235,027$0$0$692,578
69$2,391,620$0$0$742,889
70$2,561,938$0$0$797,691
71$2,747,309$0$0$857,422
72$2,949,196$0$0$922,564
73$3,169,207$0$0$993,648
74$3,409,115$0$0$1,071,257
75$3,670,867$0$0$1,156,035
76$3,956,609$0$0$1,248,689
77$4,268,704$0$0$1,349,997
78$4,609,750$0$0$1,460,818
79$4,982,611$0$0$1,582,096
80$5,390,438$0$0$1,714,871
81$5,836,701$0$0$1,860,289
82$6,325,220$0$0$2,019,609
83$6,860,203$0$0$2,194,222
84$7,446,283$0$0$2,385,657
85$8,088,564$0$0$2,595,598
86$8,792,663$0$0$2,825,902
87$9,564,772$0$0$3,078,611
88$10,411,706$0$0$3,355,977
89$11,340,975$0$0$3,660,480
90$12,360,848$0$0$3,994,851
91$13,480,435$0$0$4,362,100
92$14,709,772$0$0$4,765,541
93$16,059,913$0$0$5,208,826
94$17,543,035$0$0$5,695,978
95$19,172,553$0$0$6,231,428
96$20,963,246$0$0$6,820,060
97$22,931,396$0$0$7,467,253
98$25,094,938$0$0$8,178,934
99$27,473,635$0$0$8,961,631
100$30,089,258$0$0$9,822,540