Can I retire at age 45 with 572,000?

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 $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%16.6%
1 years$47,235$46,814$46,404$46,003$45,612$44,383
2 years$23,384$22,948$22,526$22,117$21,720$20,491
3 years$15,434$14,997$14,576$14,171$13,780$12,589
4 years$11,460$11,024$10,608$10,209$9,828$8,684
5 years$9,077$8,643$8,232$7,842$7,471$6,378
6 years$7,488$7,058$6,653$6,271$5,912$4,870
7 years$6,354$5,927$5,528$5,156$4,808$3,817
8 years$5,503$5,081$4,688$4,325$3,989$3,049
9 years$4,842$4,424$4,038$3,684$3,359$2,469
10 years$4,314$3,899$3,521$3,176$2,862$2,021
11 years$3,882$3,471$3,099$2,764$2,461$1,668
12 years$3,522$3,116$2,751$2,424$2,133$1,386
13 years$3,218$2,816$2,458$2,140$1,860$1,158
14 years$2,957$2,559$2,208$1,900$1,630$971
15 years$2,731$2,338$1,994$1,694$1,436$818
16 years$2,534$2,145$1,808$1,517$1,269$690
17 years$2,360$1,976$1,645$1,363$1,125$584
18 years$2,206$1,825$1,501$1,228$1,000$495
19 years$2,068$1,692$1,375$1,110$892$421
20 years$1,944$1,572$1,261$1,005$796$358
21 years$1,832$1,464$1,160$912$713$305
22 years$1,730$1,367$1,069$830$639$260
23 years$1,638$1,278$987$755$573$222
24 years$1,553$1,198$913$689$515$189
25 years$1,475$1,124$846$629$464$162
26 years$1,403$1,056$784$575$418$138
27 years$1,336$994$728$527$377$118
28 years$1,275$937$677$483$340$101
29 years$1,218$884$630$442$307$87
30 years$1,164$835$587$406$277$74
31 years$1,115$789$547$373$251$64
32 years$1,068$747$511$343$227$54
33 years$1,024$707$477$315$205$47
34 years$983$670$445$290$186$40
35 years$945$636$416$267$168$34
36 years$908$603$390$246$152$29
37 years$874$573$365$227$138$25
38 years$842$545$341$209$125$22
39 years$811$518$320$193$114$19
40 years$782$493$300$178$103$16
41 years$754$469$281$164$93$14
42 years$728$447$264$151$85$12
43 years$703$426$247$140$77$10
44 years$680$406$232$129$70$9
45 years$657$387$218$119$63$7
46 years$635$369$205$110$58$6
47 years$615$352$192$102$52$5
48 years$595$336$181$94$48$5
49 years$576$321$170$87$43$4
50 years$558$307$160$80$39$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $572,000, adding $6,739 every year, while hoping to spend $35,724 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: 48/44/8 Blend
44$572,000$572,000$572,000$572,000
45$637,295$606,979$598,113$666,204
46$664,289$598,711$580,140$678,472
47$692,839$588,841$560,367$687,471
48$723,067$577,251$538,697$696,409
49$755,103$563,820$515,027$705,292
50$789,093$548,417$489,250$714,127
51$825,195$530,904$461,254$722,925
52$863,581$511,134$430,922$731,699
53$904,440$488,953$398,132$740,468
54$947,979$464,198$362,756$749,257
55$994,424$436,696$324,659$758,093
56$1,044,024$406,263$283,704$767,012
57$1,097,051$372,706$239,745$776,058
58$1,153,802$335,820$192,628$785,280
59$1,214,605$295,390$142,196$794,739
60$1,279,818$251,188$88,283$804,505
61$1,349,834$202,970$30,715$814,661
62$1,425,085$150,484$0$825,303
63$1,506,045$93,459$0$839,164
64$1,593,235$31,612$0$856,719
65$1,687,225$0$0$875,505
66$1,788,645$0$0$912,829
67$1,898,182$0$0$969,722
68$2,016,596$0$0$1,031,276
69$2,144,719$0$0$1,097,932
70$2,283,468$0$0$1,170,174
71$2,433,848$0$0$1,248,532
72$2,596,968$0$0$1,333,591
73$2,774,044$0$0$1,425,994
74$2,966,415$0$0$1,526,448
75$3,175,555$0$0$1,635,730
76$3,403,084$0$0$1,754,698
77$3,650,786$0$0$1,884,292
78$3,920,621$0$0$2,025,549
79$4,214,749$0$0$2,179,609
80$4,535,547$0$0$2,347,729
81$4,885,628$0$0$2,531,289
82$5,267,874$0$0$2,731,812
83$5,685,451$0$0$2,950,971
84$6,141,849$0$0$3,190,611
85$6,640,909$0$0$3,452,761
86$7,186,860$0$0$3,739,657
87$7,784,358$0$0$4,053,759
88$8,438,531$0$0$4,397,779
89$9,155,024$0$0$4,774,700
90$9,940,057$0$0$5,187,811
91$10,800,476$0$0$5,640,731
92$11,743,823$0$0$6,137,447
93$12,778,406$0$0$6,682,351
94$13,913,373$0$0$7,280,280
95$15,158,800$0$0$7,936,562
96$16,525,789$0$0$8,657,067
97$18,026,565$0$0$9,448,258
98$19,674,597$0$0$10,317,258
99$21,484,723$0$0$11,271,913
100$23,473,286$0$0$12,320,865