Can I retire at age 45 with 567,000?

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 $567,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$46,822$46,405$45,998$45,601$45,213$44,630
2 years$23,179$22,748$22,329$21,924$21,530$20,943
3 years$15,299$14,866$14,449$14,047$13,660$13,087
4 years$11,360$10,928$10,515$10,120$9,742$9,189
5 years$8,997$8,568$8,160$7,773$7,406$6,873
6 years$7,423$6,996$6,594$6,216$5,860$5,349
7 years$6,298$5,875$5,480$5,111$4,766$4,276
8 years$5,455$5,036$4,647$4,287$3,954$3,486
9 years$4,800$4,385$4,003$3,652$3,330$2,883
10 years$4,276$3,865$3,490$3,148$2,837$2,411
11 years$3,848$3,441$3,072$2,740$2,440$2,035
12 years$3,491$3,088$2,727$2,403$2,114$1,729
13 years$3,189$2,791$2,436$2,121$1,844$1,478
14 years$2,931$2,537$2,189$1,883$1,616$1,270
15 years$2,708$2,318$1,976$1,679$1,423$1,095
16 years$2,512$2,126$1,792$1,504$1,258$948
17 years$2,340$1,958$1,630$1,351$1,115$823
18 years$2,187$1,809$1,488$1,218$992$716
19 years$2,050$1,677$1,363$1,100$884$624
20 years$1,927$1,558$1,250$996$789$545
21 years$1,816$1,452$1,150$904$706$477
22 years$1,715$1,355$1,060$822$633$418
23 years$1,623$1,267$979$749$568$366
24 years$1,539$1,187$905$683$511$321
25 years$1,462$1,114$838$624$460$282
26 years$1,391$1,047$778$570$414$248
27 years$1,325$986$722$522$373$218
28 years$1,264$929$671$478$337$192
29 years$1,207$876$625$439$304$169
30 years$1,154$827$582$403$275$149
31 years$1,105$782$542$370$249$132
32 years$1,059$740$506$340$225$116
33 years$1,015$701$473$312$203$102
34 years$975$664$442$287$184$90
35 years$937$630$413$265$167$80
36 years$901$598$386$244$151$70
37 years$867$568$361$225$137$62
38 years$834$540$338$207$124$55
39 years$804$513$317$191$113$48
40 years$775$488$297$176$102$43
41 years$748$465$279$162$93$38
42 years$722$443$261$150$84$33
43 years$697$422$245$138$76$30
44 years$674$402$230$128$69$26
45 years$651$383$216$118$63$23
46 years$630$366$203$109$57$20
47 years$610$349$191$101$52$18
48 years$590$333$179$93$47$16
49 years$571$318$169$86$43$14
50 years$554$304$158$79$39$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $567,000, adding $6,726 every year, while hoping to spend $31,883 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: 75/10/15 Blend
44$567,000$567,000$567,000$567,000
45$631,772$601,721$592,932$676,600
46$662,289$597,282$578,872$702,709
47$694,851$591,557$563,273$726,694
48$729,632$584,449$546,048$752,120
49$766,823$575,856$527,110$779,119
50$806,635$565,669$506,364$807,841
51$849,298$553,773$483,714$838,447
52$895,066$540,047$459,057$871,119
53$944,214$524,361$432,287$906,056
54$997,047$506,578$403,292$943,477
55$1,053,900$486,555$371,957$983,627
56$1,115,140$464,138$338,159$1,026,772
57$1,181,169$439,165$301,772$1,073,210
58$1,252,429$411,466$262,663$1,123,269
59$1,329,408$380,858$220,693$1,177,309
60$1,412,640$347,152$175,718$1,235,730
61$1,502,711$310,145$127,587$1,298,973
62$1,600,269$269,623$76,142$1,367,525
63$1,706,022$225,360$21,218$1,441,924
64$1,820,751$177,118$0$1,522,763
65$1,945,315$124,644$0$1,616,683
66$2,080,659$67,673$0$1,722,436
67$2,227,820$5,924$0$1,837,452
68$2,387,943$0$0$1,962,642
69$2,562,284$0$0$2,105,716
70$2,752,227$0$0$2,262,326
71$2,959,295$0$0$2,433,077
72$3,185,163$0$0$2,619,355
73$3,431,676$0$0$2,822,683
74$3,700,866$0$0$3,044,739
75$3,994,965$0$0$3,287,371
76$4,316,437$0$0$3,552,611
77$4,667,989$0$0$3,842,699
78$5,052,604$0$0$4,160,099
79$5,473,568$0$0$4,507,525
80$5,934,496$0$0$4,887,966
81$6,439,371$0$0$5,304,713
82$6,992,580$0$0$5,761,391
83$7,598,952$0$0$6,261,992
84$8,263,808$0$0$6,810,911
85$8,993,006$0$0$7,412,991
86$9,793,001$0$0$8,073,566
87$10,670,901$0$0$8,798,509
88$11,634,536$0$0$9,594,292
89$12,692,530$0$0$10,468,042
90$13,854,385$0$0$11,427,611
91$15,130,566$0$0$12,481,649
92$16,532,603$0$0$13,639,684
93$18,073,198$0$0$14,912,213
94$19,766,342$0$0$16,310,801
95$21,627,453$0$0$17,848,187
96$23,673,512$0$0$19,538,408
97$25,923,231$0$0$21,396,927
98$28,397,225$0$0$23,440,781
99$31,118,206$0$0$25,688,742
100$34,111,197$0$0$28,161,490