Can I retire at age 45 with 571,000?

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 $571,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$47,153$46,733$46,323$45,923$45,532$44,504
2 years$23,343$22,908$22,487$22,078$21,682$20,651
3 years$15,407$14,971$14,550$14,146$13,756$12,755
4 years$11,440$11,005$10,589$10,191$9,811$8,848
5 years$9,061$8,628$8,218$7,828$7,458$6,536
6 years$7,475$7,046$6,641$6,260$5,901$5,020
7 years$6,343$5,917$5,519$5,147$4,799$3,960
8 years$5,494$5,072$4,680$4,317$3,982$3,183
9 years$4,834$4,416$4,031$3,677$3,353$2,595
10 years$4,306$3,892$3,514$3,170$2,857$2,139
11 years$3,875$3,465$3,094$2,759$2,457$1,778
12 years$3,516$3,110$2,746$2,420$2,129$1,488
13 years$3,212$2,811$2,453$2,136$1,857$1,252
14 years$2,952$2,555$2,204$1,896$1,628$1,058
15 years$2,727$2,334$1,990$1,691$1,433$898
16 years$2,530$2,141$1,804$1,514$1,267$764
17 years$2,356$1,972$1,642$1,361$1,123$652
18 years$2,202$1,822$1,499$1,226$999$557
19 years$2,064$1,689$1,372$1,108$890$477
20 years$1,941$1,569$1,259$1,004$795$409
21 years$1,829$1,462$1,158$911$711$352
22 years$1,727$1,365$1,068$828$638$302
23 years$1,635$1,276$986$754$572$260
24 years$1,550$1,196$912$688$515$224
25 years$1,472$1,122$844$628$463$193
26 years$1,400$1,055$783$574$417$167
27 years$1,334$993$727$526$376$144
28 years$1,273$935$676$482$339$124
29 years$1,216$882$629$442$306$107
30 years$1,162$833$586$405$277$93
31 years$1,113$788$546$372$250$80
32 years$1,066$745$510$342$226$69
33 years$1,023$706$476$315$205$60
34 years$982$669$445$290$185$52
35 years$943$635$416$267$168$45
36 years$907$602$389$245$152$39
37 years$873$572$364$226$138$34
38 years$840$544$341$208$125$29
39 years$810$517$319$192$113$25
40 years$781$492$299$177$103$22
41 years$753$468$281$164$93$19
42 years$727$446$263$151$85$16
43 years$702$425$247$139$77$14
44 years$678$405$232$129$70$12
45 years$656$386$218$119$63$11
46 years$634$368$205$110$58$9
47 years$614$352$192$101$52$8
48 years$594$336$181$94$47$7
49 years$575$320$170$87$43$6
50 years$557$306$160$80$39$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $571,000, adding $5,677 every year, while hoping to spend $22,348 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: 79/16/5 Blend
44$571,000$571,000$571,000$571,000
45$635,098$604,835$595,984$684,689
46$676,100$610,694$592,172$723,840
47$720,535$616,091$587,482$763,256
48$768,730$620,979$581,863$805,813
49$821,043$625,311$575,259$851,814
50$877,871$629,032$567,612$901,590
51$939,647$632,088$558,860$955,509
52$1,006,850$634,419$548,940$1,013,971
53$1,080,005$635,962$537,786$1,077,423
54$1,159,692$636,650$525,328$1,146,352
55$1,246,546$636,412$511,493$1,221,297
56$1,341,270$635,172$496,203$1,302,852
57$1,444,634$632,850$479,381$1,391,672
58$1,557,487$629,360$460,941$1,488,476
59$1,680,765$624,613$440,796$1,594,060
60$1,815,496$618,512$418,856$1,709,297
61$1,962,814$610,956$395,025$1,835,154
62$2,123,965$601,838$369,203$1,972,691
63$2,300,324$591,042$341,285$2,123,082
64$2,493,402$578,448$311,163$2,287,615
65$2,704,864$563,928$278,723$2,467,715
66$2,936,546$547,346$243,846$2,664,949
67$3,190,467$528,559$206,408$2,881,045
68$3,468,851$507,415$166,279$3,117,908
69$3,774,149$483,753$123,324$3,377,636
70$4,109,058$457,402$77,401$3,662,543
71$4,476,551$428,184$28,363$3,975,180
72$4,879,902$395,908$0$4,318,356
73$5,322,718$360,373$0$4,696,447
74$5,808,970$321,366$0$5,113,288
75$6,343,035$278,663$0$5,571,136
76$6,929,733$232,027$0$6,074,147
77$7,574,375$181,206$0$6,626,903
78$8,282,812$125,935$0$7,234,452
79$9,061,489$65,936$0$7,902,360
80$9,917,506$912$0$8,636,758
81$10,858,688$0$0$9,444,405
82$11,893,652$0$0$10,344,976
83$13,031,894$0$0$11,335,612
84$14,283,878$0$0$12,425,258
85$15,661,130$0$0$13,623,951
86$17,176,351$0$0$14,942,748
87$18,843,535$0$0$16,393,830
88$20,678,101$0$0$17,990,620
89$22,697,036$0$0$19,747,908
90$24,919,061$0$0$21,681,991
91$27,364,800$0$0$23,810,823
92$30,056,981$0$0$26,154,190
93$33,020,645$0$0$28,733,893
94$36,283,385$0$0$31,573,953
95$39,875,605$0$0$34,700,838
96$43,830,808$0$0$38,143,716
97$48,185,911$0$0$41,934,724
98$52,981,591$0$0$46,109,276
99$58,262,673$0$0$50,706,394
100$64,078,550$0$0$55,769,079