Can I retire at age 45 with 572,000?

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 $572,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$47,235$46,814$46,404$46,003$45,612$45,061
2 years$23,384$22,948$22,526$22,117$21,720$21,165
3 years$15,434$14,997$14,576$14,171$13,780$13,239
4 years$11,460$11,024$10,608$10,209$9,828$9,305
5 years$9,077$8,643$8,232$7,842$7,471$6,967
6 years$7,488$7,058$6,653$6,271$5,912$5,428
7 years$6,354$5,927$5,528$5,156$4,808$4,344
8 years$5,503$5,081$4,688$4,325$3,989$3,545
9 years$4,842$4,424$4,038$3,684$3,359$2,935
10 years$4,314$3,899$3,521$3,176$2,862$2,458
11 years$3,882$3,471$3,099$2,764$2,461$2,077
12 years$3,522$3,116$2,751$2,424$2,133$1,768
13 years$3,218$2,816$2,458$2,140$1,860$1,513
14 years$2,957$2,559$2,208$1,900$1,630$1,301
15 years$2,731$2,338$1,994$1,694$1,436$1,124
16 years$2,534$2,145$1,808$1,517$1,269$974
17 years$2,360$1,976$1,645$1,363$1,125$847
18 years$2,206$1,825$1,501$1,228$1,000$738
19 years$2,068$1,692$1,375$1,110$892$644
20 years$1,944$1,572$1,261$1,005$796$563
21 years$1,832$1,464$1,160$912$713$493
22 years$1,730$1,367$1,069$830$639$433
23 years$1,638$1,278$987$755$573$380
24 years$1,553$1,198$913$689$515$334
25 years$1,475$1,124$846$629$464$294
26 years$1,403$1,056$784$575$418$259
27 years$1,336$994$728$527$377$228
28 years$1,275$937$677$483$340$201
29 years$1,218$884$630$442$307$178
30 years$1,164$835$587$406$277$157
31 years$1,115$789$547$373$251$138
32 years$1,068$747$511$343$227$122
33 years$1,024$707$477$315$205$108
34 years$983$670$445$290$186$95
35 years$945$636$416$267$168$84
36 years$908$603$390$246$152$75
37 years$874$573$365$227$138$66
38 years$842$545$341$209$125$58
39 years$811$518$320$193$114$52
40 years$782$493$300$178$103$46
41 years$754$469$281$164$93$40
42 years$728$447$264$151$85$36
43 years$703$426$247$140$77$32
44 years$680$406$232$129$70$28
45 years$657$387$218$119$63$25
46 years$635$369$205$110$58$22
47 years$615$352$192$102$52$19
48 years$595$336$181$94$48$17
49 years$576$321$170$87$43$15
50 years$558$307$160$80$39$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $572,000, adding $4,297 every year, while hoping to spend $39,939 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: 53/17/30 Blend
44$572,000$572,000$572,000$572,000
45$634,776$604,460$595,594$662,884
46$657,029$591,584$573,052$669,995
47$680,212$576,738$548,416$673,346
48$704,380$559,784$521,574$676,216
49$729,588$540,576$492,408$678,574
50$755,899$518,956$460,796$680,390
51$783,378$494,762$426,610$681,636
52$812,096$467,820$389,715$682,278
53$842,132$437,944$349,973$682,288
54$873,567$404,942$307,235$681,633
55$906,494$368,607$261,351$680,282
56$941,010$328,722$212,159$678,205
57$977,221$285,058$159,495$675,371
58$1,015,243$237,371$103,183$671,751
59$1,055,201$185,405$43,043$667,316
60$1,097,231$128,890$0$662,039
61$1,141,482$67,539$0$662,660
62$1,188,116$1,051$0$677,533
63$1,237,307$0$0$692,912
64$1,289,247$0$0$722,108
65$1,344,147$0$0$753,200
66$1,402,233$0$0$786,122
67$1,463,754$0$0$821,019
68$1,528,984$0$0$858,049
69$1,598,218$0$0$897,384
70$1,671,783$0$0$939,214
71$1,750,034$0$0$983,746
72$1,833,360$0$0$1,031,204
73$1,922,186$0$0$1,081,837
74$2,016,981$0$0$1,135,916
75$2,118,255$0$0$1,193,739
76$2,226,568$0$0$1,255,632
77$2,342,535$0$0$1,321,952
78$2,466,829$0$0$1,393,091
79$2,600,191$0$0$1,469,480
80$2,743,430$0$0$1,551,591
81$2,897,437$0$0$1,639,942
82$3,063,190$0$0$1,735,103
83$3,241,761$0$0$1,837,699
84$3,434,329$0$0$1,948,416
85$3,642,189$0$0$2,068,010
86$3,866,764$0$0$2,197,309
87$4,109,618$0$0$2,337,225
88$4,372,469$0$0$2,488,760
89$4,657,206$0$0$2,653,015
90$4,965,906$0$0$2,831,202
91$5,300,855$0$0$3,024,653
92$5,664,563$0$0$3,234,833
93$6,059,796$0$0$3,463,353
94$6,489,591$0$0$3,711,988
95$6,957,294$0$0$3,982,687
96$7,466,585$0$0$4,277,598
97$8,021,511$0$0$4,599,084
98$8,626,531$0$0$4,949,744
99$9,286,547$0$0$5,332,440
100$10,006,959$0$0$5,750,322