Can I retire at age 45 with 568,000?

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 $568,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$46,905$46,487$46,079$45,682$45,293$43,896
2 years$23,220$22,788$22,369$21,962$21,568$20,173
3 years$15,326$14,892$14,474$14,071$13,684$12,334
4 years$11,380$10,947$10,533$10,138$9,759$8,465
5 years$9,013$8,583$8,174$7,787$7,419$6,184
6 years$7,436$7,008$6,606$6,227$5,870$4,696
7 years$6,309$5,886$5,490$5,120$4,774$3,660
8 years$5,465$5,045$4,656$4,295$3,961$2,906
9 years$4,808$4,393$4,010$3,658$3,335$2,340
10 years$4,284$3,872$3,496$3,153$2,842$1,903
11 years$3,855$3,447$3,078$2,744$2,444$1,561
12 years$3,497$3,094$2,731$2,407$2,118$1,288
13 years$3,195$2,796$2,440$2,125$1,847$1,069
14 years$2,936$2,541$2,193$1,887$1,619$890
15 years$2,712$2,322$1,980$1,682$1,426$744
16 years$2,516$2,130$1,795$1,506$1,260$624
17 years$2,344$1,962$1,633$1,354$1,117$524
18 years$2,191$1,813$1,491$1,220$993$441
19 years$2,054$1,680$1,365$1,102$885$372
20 years$1,930$1,561$1,253$998$791$314
21 years$1,819$1,454$1,152$906$708$265
22 years$1,718$1,357$1,062$824$634$225
23 years$1,626$1,270$981$750$569$190
24 years$1,542$1,189$907$684$512$161
25 years$1,464$1,116$840$625$461$137
26 years$1,393$1,049$779$571$415$116
27 years$1,327$987$723$523$374$98
28 years$1,266$930$672$479$337$83
29 years$1,209$878$626$439$305$71
30 years$1,156$829$583$403$275$60
31 years$1,107$784$543$370$249$51
32 years$1,061$741$507$340$225$43
33 years$1,017$702$473$313$204$37
34 years$976$665$442$288$185$31
35 years$938$631$414$265$167$27
36 years$902$599$387$244$151$23
37 years$868$569$362$225$137$19
38 years$836$541$339$207$124$16
39 years$805$514$318$191$113$14
40 years$777$489$298$176$102$12
41 years$749$466$279$163$93$10
42 years$723$443$262$150$84$9
43 years$698$423$246$139$76$7
44 years$675$403$231$128$69$6
45 years$652$384$217$118$63$5
46 years$631$366$203$109$57$4
47 years$611$350$191$101$52$4
48 years$591$334$180$93$47$3
49 years$572$319$169$86$43$3
50 years$555$304$159$80$39$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $568,000, adding $5,313 every year, while hoping to spend $37,269 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: 41/50/9 Blend
44$568,000$568,000$568,000$568,000
45$631,416$601,312$592,508$655,407
46$656,167$591,123$572,703$662,533
47$682,193$579,185$550,986$666,097
48$709,585$565,373$527,253$669,111
49$738,442$549,556$501,395$671,540
50$768,872$531,593$473,300$673,349
51$800,991$511,336$442,850$674,502
52$834,928$488,627$409,922$674,963
53$870,823$463,301$374,386$674,696
54$908,826$435,182$336,107$673,665
55$949,105$404,084$294,945$671,836
56$991,840$369,812$250,753$669,173
57$1,037,232$332,157$203,377$665,643
58$1,085,497$290,899$152,657$661,214
59$1,136,872$245,808$98,426$655,858
60$1,191,618$196,638$40,508$649,546
61$1,250,021$143,130$0$642,255
62$1,312,391$85,012$0$636,011
63$1,379,071$21,994$0$633,037
64$1,450,437$0$0$629,448
65$1,526,898$0$0$650,698
66$1,608,907$0$0$686,517
67$1,696,959$0$0$725,027
68$1,791,596$0$0$766,472
69$1,893,414$0$0$811,121
70$2,003,069$0$0$859,268
71$2,121,279$0$0$911,237
72$2,248,835$0$0$967,382
73$2,386,603$0$0$1,028,095
74$2,535,538$0$0$1,093,805
75$2,696,688$0$0$1,164,984
76$2,871,205$0$0$1,242,151
77$3,060,355$0$0$1,325,876
78$3,265,531$0$0$1,416,788
79$3,488,266$0$0$1,515,577
80$3,730,243$0$0$1,623,001
81$3,993,317$0$0$1,739,898
82$4,279,525$0$0$1,867,185
83$4,591,112$0$0$2,005,875
84$4,930,546$0$0$2,157,081
85$5,300,543$0$0$2,322,028
86$5,704,093$0$0$2,502,065
87$6,144,486$0$0$2,698,676
88$6,625,344$0$0$2,913,495
89$7,150,655$0$0$3,148,322
90$7,724,807$0$0$3,405,137
91$8,352,633$0$0$3,686,121
92$9,039,455$0$0$3,993,676
93$9,791,130$0$0$4,330,446
94$10,614,110$0$0$4,699,344
95$11,515,499$0$0$5,103,575
96$12,503,120$0$0$5,546,672
97$13,585,590$0$0$6,032,525
98$14,772,396$0$0$6,565,418
99$16,073,991$0$0$7,150,070
100$17,501,885$0$0$7,791,678