Can I retire at age 45 with 569,000?

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 $569,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$46,987$46,569$46,161$45,762$45,373$43,991
2 years$23,261$22,828$22,408$22,001$21,606$20,226
3 years$15,353$14,918$14,499$14,096$13,708$12,372
4 years$11,400$10,967$10,552$10,156$9,777$8,496
5 years$9,029$8,598$8,189$7,800$7,432$6,210
6 years$7,449$7,021$6,618$6,238$5,881$4,718
7 years$6,320$5,896$5,499$5,129$4,783$3,680
8 years$5,475$5,054$4,664$4,302$3,968$2,923
9 years$4,817$4,400$4,017$3,665$3,341$2,355
10 years$4,291$3,879$3,502$3,159$2,847$1,917
11 years$3,861$3,453$3,083$2,749$2,448$1,573
12 years$3,503$3,099$2,736$2,411$2,122$1,299
13 years$3,201$2,801$2,445$2,129$1,850$1,079
14 years$2,942$2,546$2,197$1,890$1,622$899
15 years$2,717$2,326$1,983$1,685$1,428$752
16 years$2,521$2,134$1,798$1,509$1,262$631
17 years$2,348$1,965$1,636$1,356$1,119$531
18 years$2,194$1,816$1,494$1,222$995$447
19 years$2,057$1,683$1,367$1,104$887$377
20 years$1,934$1,564$1,255$1,000$792$319
21 years$1,822$1,457$1,154$908$709$269
22 years$1,721$1,360$1,064$825$635$228
23 years$1,629$1,272$982$752$570$193
24 years$1,545$1,192$908$685$513$164
25 years$1,467$1,118$841$626$461$139
26 years$1,395$1,051$780$572$416$118
27 years$1,329$989$725$524$375$100
28 years$1,268$932$674$480$338$85
29 years$1,211$879$627$440$305$72
30 years$1,158$830$584$404$276$61
31 years$1,109$785$544$371$249$52
32 years$1,062$743$508$341$226$44
33 years$1,019$703$474$314$204$38
34 years$978$667$443$288$185$32
35 years$940$632$414$266$167$27
36 years$904$600$388$245$152$23
37 years$870$570$363$225$137$20
38 years$837$542$340$208$125$17
39 years$807$515$318$192$113$14
40 years$778$490$298$177$103$12
41 years$750$466$280$163$93$10
42 years$724$444$262$150$84$9
43 years$700$423$246$139$77$8
44 years$676$403$231$128$70$6
45 years$654$385$217$118$63$5
46 years$632$367$204$109$57$5
47 years$612$350$191$101$52$4
48 years$592$334$180$93$47$3
49 years$573$319$169$86$43$3
50 years$556$305$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 $569,000, adding $4,346 every year, while hoping to spend $24,216 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: 57/18/25 Blend
44$569,000$569,000$569,000$569,000
45$631,521$601,364$592,544$662,994
46$670,170$605,065$586,629$688,721
47$711,951$608,136$579,704$713,816
48$757,155$610,520$571,709$740,658
49$806,107$612,158$562,584$769,423
50$859,161$612,985$552,262$800,305
51$916,708$612,933$540,675$833,518
52$979,177$611,932$527,752$869,301
53$1,047,040$609,904$513,419$907,916
54$1,120,817$606,767$497,597$949,654
55$1,201,078$602,438$480,205$994,837
56$1,288,454$596,823$461,157$1,043,820
57$1,383,635$589,826$440,365$1,096,997
58$1,487,383$581,344$417,734$1,154,803
59$1,600,536$571,270$393,168$1,217,717
60$1,724,015$559,487$366,564$1,286,273
61$1,858,837$545,874$337,816$1,361,056
62$2,006,118$530,302$306,813$1,442,716
63$2,167,089$512,633$273,438$1,531,969
64$2,343,103$492,724$237,569$1,629,607
65$2,535,653$470,420$199,081$1,736,506
66$2,746,380$445,561$157,840$1,853,633
67$2,977,091$417,974$113,709$1,982,055
68$3,229,779$387,479$66,542$2,122,950
69$3,506,635$353,884$16,190$2,277,622
70$3,810,074$316,987$0$2,447,509
71$4,142,755$276,573$0$2,644,212
72$4,507,607$232,416$0$2,864,730
73$4,907,857$184,278$0$3,106,721
74$5,347,056$131,906$0$3,372,368
75$5,829,121$75,034$0$3,664,079
76$6,358,360$13,380$0$3,984,508
77$6,939,524$0$0$4,336,584
78$7,577,844$0$0$4,734,098
79$8,279,083$0$0$5,173,761
80$9,049,590$0$0$5,656,907
81$9,896,359$0$0$6,187,930
82$10,827,095$0$0$6,771,669
83$11,850,287$0$0$7,413,455
84$12,975,288$0$0$8,119,162
85$14,212,402$0$0$8,895,262
86$15,572,981$0$0$9,748,885
87$17,069,533$0$0$10,687,885
88$18,715,838$0$0$11,720,919
89$20,527,081$0$0$12,857,523
90$22,519,991$0$0$14,108,204
91$24,713,000$0$0$15,484,539
92$27,126,420$0$0$16,999,286
93$29,782,628$0$0$18,666,500
94$32,706,283$0$0$20,501,668
95$35,924,554$0$0$22,521,856
96$39,467,379$0$0$24,745,866
97$43,367,746$0$0$27,194,420
98$47,662,003$0$0$29,890,347
99$52,390,203$0$0$32,858,804
100$57,596,479$0$0$36,127,513