Can I retire at age 45 with 573,000?

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 $573,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$47,318$46,896$46,485$46,084$45,692$44,843
2 years$23,425$22,988$22,566$22,156$21,758$20,906
3 years$15,461$15,023$14,601$14,195$13,804$12,975
4 years$11,480$11,044$10,626$10,227$9,845$9,046
5 years$9,093$8,658$8,246$7,855$7,484$6,717
6 years$7,501$7,070$6,664$6,282$5,922$5,188
7 years$6,365$5,938$5,538$5,165$4,816$4,115
8 years$5,513$5,090$4,697$4,333$3,995$3,327
9 years$4,851$4,431$4,045$3,690$3,365$2,729
10 years$4,321$3,906$3,527$3,181$2,867$2,263
11 years$3,888$3,477$3,105$2,769$2,466$1,893
12 years$3,528$3,121$2,755$2,428$2,137$1,595
13 years$3,223$2,821$2,462$2,144$1,863$1,351
14 years$2,962$2,564$2,212$1,903$1,633$1,149
15 years$2,736$2,342$1,997$1,697$1,438$982
16 years$2,539$2,149$1,811$1,520$1,271$841
17 years$2,364$1,979$1,648$1,365$1,127$723
18 years$2,210$1,829$1,504$1,231$1,002$623
19 years$2,072$1,695$1,377$1,112$893$537
20 years$1,947$1,575$1,264$1,007$798$464
21 years$1,835$1,467$1,162$914$714$402
22 years$1,733$1,369$1,071$831$640$348
23 years$1,640$1,281$989$757$574$302
24 years$1,555$1,200$915$690$516$262
25 years$1,477$1,126$847$630$465$228
26 years$1,405$1,058$786$576$418$198
27 years$1,339$996$730$528$377$172
28 years$1,277$939$678$483$340$150
29 years$1,220$885$631$443$307$131
30 years$1,166$836$588$407$278$114
31 years$1,117$790$548$374$251$99
32 years$1,070$748$511$343$227$87
33 years$1,026$708$478$316$206$75
34 years$985$671$446$291$186$66
35 years$946$637$417$267$169$57
36 years$910$604$390$246$153$50
37 years$876$574$365$227$138$44
38 years$843$545$342$209$126$38
39 years$813$519$320$193$114$33
40 years$783$494$300$178$103$29
41 years$756$470$282$164$94$25
42 years$730$447$264$151$85$22
43 years$705$426$248$140$77$19
44 years$681$406$233$129$70$17
45 years$658$387$219$119$64$15
46 years$637$370$205$110$58$13
47 years$616$353$193$102$52$11
48 years$596$337$181$94$48$10
49 years$577$322$170$87$43$9
50 years$559$307$160$80$39$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $573,000, adding $6,939 every year, while hoping to spend $32,901 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: 78/13/9 Blend
44$573,000$573,000$573,000$573,000
45$638,604$608,235$599,353$686,975
46$668,735$603,032$584,425$714,527
47$700,837$596,471$567,894$739,786
48$735,075$588,452$549,672$766,529
49$771,633$578,866$529,666$794,889
50$810,710$567,600$507,780$825,013
51$852,524$554,534$483,912$857,064
52$897,315$539,541$457,957$891,221
53$945,347$522,484$429,805$927,680
54$996,908$503,221$399,339$966,661
55$1,052,315$481,601$366,439$1,008,404
56$1,111,916$457,464$330,979$1,053,175
57$1,176,092$430,641$292,828$1,101,265
58$1,245,264$400,953$251,848$1,153,000
59$1,319,891$368,209$207,895$1,208,735
60$1,400,479$332,211$160,819$1,268,865
61$1,487,586$292,747$110,464$1,333,824
62$1,581,821$249,594$56,666$1,404,092
63$1,683,858$202,514$0$1,480,199
64$1,794,433$151,260$0$1,562,801
65$1,914,361$95,566$0$1,658,283
66$2,044,533$35,157$0$1,761,928
67$2,185,932$0$0$1,874,539
68$2,339,639$0$0$2,001,333
69$2,506,842$0$0$2,144,748
70$2,688,850$0$0$2,300,879
71$2,887,101$0$0$2,470,962
72$3,103,180$0$0$2,656,358
73$3,338,829$0$0$2,858,566
74$3,595,966$0$0$3,079,233
75$3,876,704$0$0$3,320,175
76$4,183,366$0$0$3,583,389
77$4,518,512$0$0$3,871,074
78$4,884,959$0$0$4,185,652
79$5,285,808$0$0$4,529,788
80$5,724,476$0$0$4,906,418
81$6,204,722$0$0$5,318,774
82$6,730,688$0$0$5,770,415
83$7,306,935$0$0$6,265,261
84$7,938,486$0$0$6,807,629
85$8,630,871$0$0$7,402,272
86$9,390,183$0$0$8,054,427
87$10,223,132$0$0$8,769,862
88$11,137,110$0$0$9,554,928
89$12,140,256$0$0$10,416,623
90$13,241,539$0$0$11,362,654
91$14,450,837$0$0$12,401,512
92$15,779,031$0$0$13,542,549
93$17,238,108$0$0$14,796,068
94$18,841,274$0$0$16,173,420
95$20,603,077$0$0$17,687,109
96$22,539,543$0$0$19,350,910
97$24,668,330$0$0$21,180,000
98$27,008,890$0$0$23,191,099
99$29,582,656$0$0$25,402,628
100$32,413,240$0$0$27,834,884