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%16.9%
1 years$46,822$46,405$45,998$45,601$45,213$43,942
2 years$23,179$22,748$22,329$21,924$21,530$20,259
3 years$15,299$14,866$14,449$14,047$13,660$12,429
4 years$11,360$10,928$10,515$10,120$9,742$8,561
5 years$8,997$8,568$8,160$7,773$7,406$6,277
6 years$7,423$6,996$6,594$6,216$5,860$4,785
7 years$6,298$5,875$5,480$5,111$4,766$3,744
8 years$5,455$5,036$4,647$4,287$3,954$2,985
9 years$4,800$4,385$4,003$3,652$3,330$2,414
10 years$4,276$3,865$3,490$3,148$2,837$1,972
11 years$3,848$3,441$3,072$2,740$2,440$1,625
12 years$3,491$3,088$2,727$2,403$2,114$1,347
13 years$3,189$2,791$2,436$2,121$1,844$1,123
14 years$2,931$2,537$2,189$1,883$1,616$940
15 years$2,708$2,318$1,976$1,679$1,423$790
16 years$2,512$2,126$1,792$1,504$1,258$665
17 years$2,340$1,958$1,630$1,351$1,115$562
18 years$2,187$1,809$1,488$1,218$992$475
19 years$2,050$1,677$1,363$1,100$884$403
20 years$1,927$1,558$1,250$996$789$342
21 years$1,816$1,452$1,150$904$706$291
22 years$1,715$1,355$1,060$822$633$247
23 years$1,623$1,267$979$749$568$210
24 years$1,539$1,187$905$683$511$179
25 years$1,462$1,114$838$624$460$153
26 years$1,391$1,047$778$570$414$130
27 years$1,325$986$722$522$373$111
28 years$1,264$929$671$478$337$95
29 years$1,207$876$625$439$304$81
30 years$1,154$827$582$403$275$69
31 years$1,105$782$542$370$249$59
32 years$1,059$740$506$340$225$51
33 years$1,015$701$473$312$203$43
34 years$975$664$442$287$184$37
35 years$937$630$413$265$167$32
36 years$901$598$386$244$151$27
37 years$867$568$361$225$137$23
38 years$834$540$338$207$124$20
39 years$804$513$317$191$113$17
40 years$775$488$297$176$102$14
41 years$748$465$279$162$93$12
42 years$722$443$261$150$84$11
43 years$697$422$245$138$76$9
44 years$674$402$230$128$69$8
45 years$651$383$216$118$63$7
46 years$630$366$203$109$57$6
47 years$610$349$191$101$52$5
48 years$590$333$179$93$47$4
49 years$571$318$169$86$43$4
50 years$554$304$158$79$39$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $567,000, adding $4,958 every year, while hoping to spend $38,176 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: 25/50/25 Blend
44$567,000$567,000$567,000$567,000
45$629,948$599,897$591,109$640,626
46$653,584$588,673$570,292$638,542
47$678,351$575,620$547,498$632,704
48$704,325$560,607$522,621$625,635
49$731,586$543,497$495,549$617,256
50$760,224$524,144$466,166$607,485
51$790,334$502,395$434,350$596,237
52$822,022$478,086$399,975$583,423
53$855,400$451,044$362,906$568,947
54$890,594$421,088$323,006$552,715
55$927,737$388,024$280,129$534,623
56$966,978$351,649$234,125$514,567
57$1,008,476$311,746$184,835$492,438
58$1,052,407$268,088$132,094$468,121
59$1,098,963$220,435$75,729$441,498
60$1,148,353$168,532$15,562$412,448
61$1,200,806$112,111$0$380,843
62$1,256,571$50,887$0$359,532
63$1,315,922$0$0$340,676
64$1,379,160$0$0$328,529
65$1,446,612$0$0$345,492
66$1,518,637$0$0$363,664
67$1,595,630$0$0$383,152
68$1,678,022$0$0$404,073
69$1,766,287$0$0$426,556
70$1,860,944$0$0$450,742
71$1,962,562$0$0$476,786
72$2,071,766$0$0$504,859
73$2,189,244$0$0$535,148
74$2,315,749$0$0$567,859
75$2,452,108$0$0$603,216
76$2,599,231$0$0$641,470
77$2,758,115$0$0$682,892
78$2,929,860$0$0$727,783
79$3,115,670$0$0$776,473
80$3,316,873$0$0$829,325
81$3,534,925$0$0$886,737
82$3,771,431$0$0$949,150
83$4,028,152$0$0$1,017,045
84$4,307,028$0$0$1,090,955
85$4,610,191$0$0$1,171,464
86$4,939,988$0$0$1,259,216
87$5,299,001$0$0$1,354,919
88$5,690,069$0$0$1,459,352
89$6,116,319$0$0$1,573,374
90$6,581,192$0$0$1,697,929
91$7,088,474$0$0$1,834,056
92$7,642,332$0$0$1,982,901
93$8,247,355$0$0$2,145,725
94$8,908,593$0$0$2,323,914
95$9,631,608$0$0$2,518,997
96$10,422,523$0$0$2,732,656
97$11,288,078$0$0$2,966,746
98$12,235,697$0$0$3,223,307
99$13,273,555$0$0$3,504,587
100$14,410,654$0$0$3,813,061