Can I retire at age 45 with 570,000?

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 $570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$47,070$46,651$46,242$45,842$45,453$43,980
2 years$23,302$22,868$22,447$22,040$21,644$20,174
3 years$15,380$14,945$14,525$14,121$13,732$12,311
4 years$11,420$10,986$10,570$10,173$9,794$8,433
5 years$9,045$8,613$8,203$7,814$7,445$6,147
6 years$7,462$7,033$6,629$6,249$5,891$4,658
7 years$6,331$5,906$5,509$5,138$4,791$3,622
8 years$5,484$5,063$4,672$4,310$3,975$2,869
9 years$4,825$4,408$4,024$3,671$3,347$2,304
10 years$4,299$3,886$3,508$3,164$2,852$1,870
11 years$3,868$3,459$3,089$2,754$2,453$1,529
12 years$3,510$3,105$2,741$2,416$2,126$1,259
13 years$3,206$2,806$2,449$2,133$1,853$1,042
14 years$2,947$2,550$2,200$1,893$1,625$865
15 years$2,722$2,330$1,987$1,688$1,431$721
16 years$2,525$2,138$1,801$1,512$1,264$603
17 years$2,352$1,969$1,639$1,358$1,121$505
18 years$2,198$1,819$1,496$1,224$997$424
19 years$2,061$1,686$1,370$1,106$888$356
20 years$1,937$1,567$1,257$1,002$794$300
21 years$1,826$1,459$1,156$909$710$253
22 years$1,724$1,362$1,066$827$637$213
23 years$1,632$1,274$984$753$571$180
24 years$1,547$1,194$910$687$514$152
25 years$1,470$1,120$843$627$462$128
26 years$1,398$1,053$782$573$416$109
27 years$1,332$991$726$525$375$92
28 years$1,270$934$675$481$339$78
29 years$1,213$881$628$441$306$66
30 years$1,160$832$585$405$276$56
31 years$1,111$786$545$372$250$47
32 years$1,064$744$509$342$226$40
33 years$1,021$705$475$314$205$34
34 years$980$668$444$289$185$29
35 years$942$633$415$266$168$24
36 years$905$601$388$245$152$21
37 years$871$571$363$226$138$17
38 years$839$543$340$208$125$15
39 years$808$516$319$192$113$12
40 years$779$491$299$177$103$11
41 years$752$467$280$163$93$9
42 years$726$445$263$151$85$8
43 years$701$424$247$139$77$6
44 years$677$404$231$128$70$5
45 years$655$385$217$119$63$5
46 years$633$368$204$110$57$4
47 years$613$351$192$101$52$3
48 years$593$335$180$94$47$3
49 years$574$320$169$86$43$2
50 years$557$306$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 $570,000, adding $4,088 every year, while hoping to spend $42,473 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: 70/21/9 Blend
44$570,000$570,000$570,000$570,000
45$632,357$602,147$593,312$675,277
46$651,666$586,461$567,997$688,547
47$671,522$568,583$540,410$697,480
48$691,934$548,361$510,431$706,107
49$712,914$525,633$477,933$714,390
50$734,471$500,229$442,784$722,286
51$756,616$471,969$404,846$729,751
52$779,358$440,662$363,975$736,736
53$802,704$406,107$320,020$743,190
54$826,663$368,089$272,824$749,056
55$851,241$326,384$222,222$754,277
56$876,444$280,754$168,043$758,787
57$902,278$230,946$110,108$762,518
58$928,743$176,696$48,231$765,397
59$955,843$117,722$0$767,345
60$983,577$53,729$0$769,987
61$1,011,942$0$0$776,578
62$1,040,934$0$0$786,008
63$1,070,544$0$0$808,315
64$1,100,763$0$0$831,075
65$1,131,577$0$0$854,276
66$1,162,968$0$0$877,904
67$1,194,913$0$0$901,941
68$1,227,386$0$0$926,367
69$1,260,356$0$0$951,156
70$1,293,783$0$0$976,278
71$1,327,624$0$0$1,001,697
72$1,361,825$0$0$1,027,373
73$1,396,326$0$0$1,053,259
74$1,431,057$0$0$1,079,299
75$1,465,939$0$0$1,105,431
76$1,500,880$0$0$1,131,585
77$1,535,775$0$0$1,157,678
78$1,570,507$0$0$1,183,618
79$1,604,940$0$0$1,209,302
80$1,638,924$0$0$1,234,612
81$1,672,289$0$0$1,259,416
82$1,704,842$0$0$1,283,564
83$1,736,368$0$0$1,306,889
84$1,766,624$0$0$1,329,204
85$1,795,341$0$0$1,350,298
86$1,822,216$0$0$1,369,939
87$1,846,910$0$0$1,387,862
88$1,869,046$0$0$1,403,777
89$1,888,203$0$0$1,417,358
90$1,903,912$0$0$1,428,241
91$1,915,651$0$0$1,436,023
92$1,922,840$0$0$1,440,255
93$1,924,834$0$0$1,440,438
94$1,920,916$0$0$1,436,017
95$1,910,291$0$0$1,426,379
96$1,892,075$0$0$1,410,840
97$1,865,290$0$0$1,388,643
98$1,828,849$0$0$1,358,951
99$1,781,551$0$0$1,320,832
100$1,722,062$0$0$1,273,259