Can I retire at age 45 with 571,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%15.7%
1 years$47,153$46,733$46,323$45,923$45,532$44,468
2 years$23,343$22,908$22,487$22,078$21,682$20,616
3 years$15,407$14,971$14,550$14,146$13,756$12,721
4 years$11,440$11,005$10,589$10,191$9,811$8,815
5 years$9,061$8,628$8,218$7,828$7,458$6,505
6 years$7,475$7,046$6,641$6,260$5,901$4,991
7 years$6,343$5,917$5,519$5,147$4,799$3,932
8 years$5,494$5,072$4,680$4,317$3,982$3,157
9 years$4,834$4,416$4,031$3,677$3,353$2,571
10 years$4,306$3,892$3,514$3,170$2,857$2,116
11 years$3,875$3,465$3,094$2,759$2,457$1,757
12 years$3,516$3,110$2,746$2,420$2,129$1,468
13 years$3,212$2,811$2,453$2,136$1,857$1,234
14 years$2,952$2,555$2,204$1,896$1,628$1,042
15 years$2,727$2,334$1,990$1,691$1,433$882
16 years$2,530$2,141$1,804$1,514$1,267$750
17 years$2,356$1,972$1,642$1,361$1,123$639
18 years$2,202$1,822$1,499$1,226$999$545
19 years$2,064$1,689$1,372$1,108$890$466
20 years$1,941$1,569$1,259$1,004$795$399
21 years$1,829$1,462$1,158$911$711$343
22 years$1,727$1,365$1,068$828$638$294
23 years$1,635$1,276$986$754$572$253
24 years$1,550$1,196$912$688$515$217
25 years$1,472$1,122$844$628$463$187
26 years$1,400$1,055$783$574$417$161
27 years$1,334$993$727$526$376$139
28 years$1,273$935$676$482$339$120
29 years$1,216$882$629$442$306$103
30 years$1,162$833$586$405$277$89
31 years$1,113$788$546$372$250$77
32 years$1,066$745$510$342$226$66
33 years$1,023$706$476$315$205$57
34 years$982$669$445$290$185$49
35 years$943$635$416$267$168$43
36 years$907$602$389$245$152$37
37 years$873$572$364$226$138$32
38 years$840$544$341$208$125$27
39 years$810$517$319$192$113$24
40 years$781$492$299$177$103$21
41 years$753$468$281$164$93$18
42 years$727$446$263$151$85$15
43 years$702$425$247$139$77$13
44 years$678$405$232$129$70$11
45 years$656$386$218$119$63$10
46 years$634$368$205$110$58$9
47 years$614$352$192$101$52$7
48 years$594$336$181$94$47$6
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 $5,767 every year, while hoping to spend $35,936 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: 42/41/17 Blend
44$571,000$571,000$571,000$571,000
45$635,191$604,928$596,077$658,485
46$661,744$596,333$577,810$666,901
47$689,802$586,114$557,727$672,046
48$719,480$574,151$535,728$676,857
49$750,903$560,320$511,711$681,321
50$784,209$544,490$485,568$685,426
51$819,549$526,521$457,185$689,161
52$857,088$506,265$426,445$692,519
53$897,004$483,565$393,224$695,494
54$939,495$458,257$357,394$698,083
55$984,777$430,165$318,821$700,288
56$1,033,086$399,105$277,362$702,114
57$1,084,680$364,880$232,873$703,570
58$1,139,842$327,284$185,199$704,671
59$1,198,883$286,098$134,180$705,441
60$1,262,144$241,091$79,650$705,906
61$1,329,998$192,020$21,434$706,106
62$1,402,855$138,627$0$706,087
63$1,481,166$80,639$0$713,289
64$1,565,424$17,769$0$725,029
65$1,656,171$0$0$737,535
66$1,754,003$0$0$773,632
67$1,859,575$0$0$821,292
68$1,973,604$0$0$872,829
69$2,096,882$0$0$928,606
70$2,230,276$0$0$989,026
71$2,374,742$0$0$1,054,529
72$2,531,327$0$0$1,125,598
73$2,701,186$0$0$1,202,766
74$2,885,589$0$0$1,286,621
75$3,085,930$0$0$1,377,805
76$3,303,745$0$0$1,477,028
77$3,540,724$0$0$1,585,071
78$3,798,725$0$0$1,702,792
79$4,079,792$0$0$1,831,135
80$4,386,176$0$0$1,971,142
81$4,720,354$0$0$2,123,956
82$5,085,052$0$0$2,290,837
83$5,483,271$0$0$2,473,173
84$5,918,314$0$0$2,672,490
85$6,393,818$0$0$2,890,470
86$6,913,785$0$0$3,128,963
87$7,482,625$0$0$3,390,008
88$8,105,191$0$0$3,675,849
89$8,786,828$0$0$3,988,958
90$9,533,422$0$0$4,332,056
91$10,351,453$0$0$4,708,141
92$11,248,061$0$0$5,120,515
93$12,231,107$0$0$5,572,814
94$13,309,250$0$0$6,069,042
95$14,492,026$0$0$6,613,611
96$15,789,940$0$0$7,211,381
97$17,214,563$0$0$7,867,703
98$18,778,639$0$0$8,588,473
99$20,496,210$0$0$9,380,188
100$22,382,740$0$0$10,250,002