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%15.6%
1 years$46,905$46,487$46,079$45,682$45,293$44,252
2 years$23,220$22,788$22,369$21,962$21,568$20,525
3 years$15,326$14,892$14,474$14,071$13,684$12,671
4 years$11,380$10,947$10,533$10,138$9,759$8,785
5 years$9,013$8,583$8,174$7,787$7,419$6,486
6 years$7,436$7,008$6,606$6,227$5,870$4,979
7 years$6,309$5,886$5,490$5,120$4,774$3,925
8 years$5,465$5,045$4,656$4,295$3,961$3,154
9 years$4,808$4,393$4,010$3,658$3,335$2,570
10 years$4,284$3,872$3,496$3,153$2,842$2,117
11 years$3,855$3,447$3,078$2,744$2,444$1,758
12 years$3,497$3,094$2,731$2,407$2,118$1,470
13 years$3,195$2,796$2,440$2,125$1,847$1,236
14 years$2,936$2,541$2,193$1,887$1,619$1,044
15 years$2,712$2,322$1,980$1,682$1,426$885
16 years$2,516$2,130$1,795$1,506$1,260$753
17 years$2,344$1,962$1,633$1,354$1,117$642
18 years$2,191$1,813$1,491$1,220$993$548
19 years$2,054$1,680$1,365$1,102$885$469
20 years$1,930$1,561$1,253$998$791$402
21 years$1,819$1,454$1,152$906$708$345
22 years$1,718$1,357$1,062$824$634$297
23 years$1,626$1,270$981$750$569$255
24 years$1,542$1,189$907$684$512$220
25 years$1,464$1,116$840$625$461$189
26 years$1,393$1,049$779$571$415$163
27 years$1,327$987$723$523$374$141
28 years$1,266$930$672$479$337$121
29 years$1,209$878$626$439$305$105
30 years$1,156$829$583$403$275$90
31 years$1,107$784$543$370$249$78
32 years$1,061$741$507$340$225$67
33 years$1,017$702$473$313$204$58
34 years$976$665$442$288$185$50
35 years$938$631$414$265$167$43
36 years$902$599$387$244$151$38
37 years$868$569$362$225$137$32
38 years$836$541$339$207$124$28
39 years$805$514$318$191$113$24
40 years$777$489$298$176$102$21
41 years$749$466$279$163$93$18
42 years$723$443$262$150$84$16
43 years$698$423$246$139$76$14
44 years$675$403$231$128$69$12
45 years$652$384$217$118$63$10
46 years$631$366$203$109$57$9
47 years$611$350$191$101$52$8
48 years$591$334$180$93$47$7
49 years$572$319$169$86$43$6
50 years$555$304$159$80$39$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $568,000, adding $5,695 every year, while hoping to spend $36,964 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: 63/20/17 Blend
44$568,000$568,000$568,000$568,000
45$631,810$601,706$592,902$668,580
46$656,926$591,861$573,435$684,136
47$683,364$580,293$552,077$696,410
48$711,221$566,882$528,725$708,936
49$740,601$551,495$503,273$721,738
50$771,618$533,994$475,609$734,849
51$804,397$514,233$445,615$748,302
52$839,072$492,057$413,170$762,138
53$875,792$467,302$378,146$776,403
54$914,718$439,796$340,409$791,149
55$956,027$409,353$299,820$806,437
56$999,911$375,781$256,234$822,333
57$1,046,582$338,875$209,498$838,916
58$1,096,272$298,417$159,454$856,272
59$1,149,232$254,180$105,937$874,499
60$1,205,740$205,921$48,772$893,710
61$1,266,099$153,385$0$914,030
62$1,330,642$96,302$0$937,818
63$1,399,734$34,387$0$972,601
64$1,473,774$0$0$1,009,736
65$1,553,201$0$0$1,056,649
66$1,638,496$0$0$1,115,183
67$1,730,188$0$0$1,178,137
68$1,828,857$0$0$1,245,912
69$1,935,138$0$0$1,318,950
70$2,049,732$0$0$1,397,735
71$2,173,406$0$0$1,482,799
72$2,307,006$0$0$1,574,730
73$2,451,457$0$0$1,674,168
74$2,607,781$0$0$1,781,822
75$2,777,097$0$0$1,898,469
76$2,960,638$0$0$2,024,963
77$3,159,759$0$0$2,162,245
78$3,375,950$0$0$2,311,347
79$3,610,851$0$0$2,473,407
80$3,866,263$0$0$2,649,676
81$4,144,172$0$0$2,841,529
82$4,446,759$0$0$3,050,482
83$4,776,426$0$0$3,278,200
84$5,135,817$0$0$3,526,517
85$5,527,839$0$0$3,797,452
86$5,955,695$0$0$4,093,225
87$6,422,909$0$0$4,416,283
88$6,933,360$0$0$4,769,318
89$7,491,319$0$0$5,155,294
90$8,101,490$0$0$5,577,473
91$8,769,048$0$0$6,039,450
92$9,499,695$0$0$6,545,180
93$10,299,709$0$0$7,099,020
94$11,176,002$0$0$7,705,768
95$12,136,188$0$0$8,370,708
96$13,188,649$0$0$9,099,658
97$14,342,621$0$0$9,899,029
98$15,608,272$0$0$10,775,878
99$16,996,806$0$0$11,737,981
100$18,520,559$0$0$12,793,902