Can I retire at age 45 with 567,000?

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 $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%13.9%
1 years$46,822$46,405$45,998$45,601$45,213$44,483
2 years$23,179$22,748$22,329$21,924$21,530$20,796
3 years$15,299$14,866$14,449$14,047$13,660$12,945
4 years$11,360$10,928$10,515$10,120$9,742$9,052
5 years$8,997$8,568$8,160$7,773$7,406$6,743
6 years$7,423$6,996$6,594$6,216$5,860$5,225
7 years$6,298$5,875$5,480$5,111$4,766$4,158
8 years$5,455$5,036$4,647$4,287$3,954$3,374
9 years$4,800$4,385$4,003$3,652$3,330$2,777
10 years$4,276$3,865$3,490$3,148$2,837$2,312
11 years$3,848$3,441$3,072$2,740$2,440$1,941
12 years$3,491$3,088$2,727$2,403$2,114$1,641
13 years$3,189$2,791$2,436$2,121$1,844$1,396
14 years$2,931$2,537$2,189$1,883$1,616$1,193
15 years$2,708$2,318$1,976$1,679$1,423$1,023
16 years$2,512$2,126$1,792$1,504$1,258$880
17 years$2,340$1,958$1,630$1,351$1,115$760
18 years$2,187$1,809$1,488$1,218$992$657
19 years$2,050$1,677$1,363$1,100$884$570
20 years$1,927$1,558$1,250$996$789$494
21 years$1,816$1,452$1,150$904$706$430
22 years$1,715$1,355$1,060$822$633$374
23 years$1,623$1,267$979$749$568$326
24 years$1,539$1,187$905$683$511$285
25 years$1,462$1,114$838$624$460$248
26 years$1,391$1,047$778$570$414$217
27 years$1,325$986$722$522$373$190
28 years$1,264$929$671$478$337$166
29 years$1,207$876$625$439$304$145
30 years$1,154$827$582$403$275$127
31 years$1,105$782$542$370$249$111
32 years$1,059$740$506$340$225$98
33 years$1,015$701$473$312$203$85
34 years$975$664$442$287$184$75
35 years$937$630$413$265$167$66
36 years$901$598$386$244$151$58
37 years$867$568$361$225$137$51
38 years$834$540$338$207$124$44
39 years$804$513$317$191$113$39
40 years$775$488$297$176$102$34
41 years$748$465$279$162$93$30
42 years$722$443$261$150$84$26
43 years$697$422$245$138$76$23
44 years$674$402$230$128$69$20
45 years$651$383$216$118$63$18
46 years$630$366$203$109$57$16
47 years$610$349$191$101$52$14
48 years$590$333$179$93$47$12
49 years$571$318$169$86$43$11
50 years$554$304$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 $567,000, adding $4,740 every year, while hoping to spend $49,724 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: 55/36/9 Blend
44$567,000$567,000$567,000$567,000
45$629,723$599,672$590,884$662,721
46$641,049$576,150$557,772$662,059
47$651,864$549,809$521,885$655,456
48$662,062$520,458$483,077$647,076
49$671,528$487,896$441,195$636,757
50$680,130$451,909$396,082$624,324
51$687,723$412,272$347,570$609,591
52$694,144$368,747$295,487$592,351
53$699,213$321,082$239,652$572,383
54$702,728$269,011$179,876$549,448
55$704,466$212,252$115,961$523,286
56$704,178$150,509$47,703$493,615
57$701,588$83,468$0$460,129
58$696,390$10,797$0$424,912
59$688,244$0$0$390,234
60$676,773$0$0$378,021
61$661,559$0$0$367,787
62$642,140$0$0$354,972
63$618,002$0$0$339,264
64$588,579$0$0$320,318
65$553,242$0$0$297,753
66$511,297$0$0$271,147
67$461,974$0$0$240,032
68$404,424$0$0$203,892
69$337,707$0$0$162,156
70$260,784$0$0$114,193
71$172,506$0$0$59,306
72$71,606$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