Can I retire at age 45 with 573,000?

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 $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%17.6%
1 years$47,318$46,896$46,485$46,084$45,692$44,282
2 years$23,425$22,988$22,566$22,156$21,758$20,350
3 years$15,461$15,023$14,601$14,195$13,804$12,442
4 years$11,480$11,044$10,626$10,227$9,845$8,540
5 years$9,093$8,658$8,246$7,855$7,484$6,239
6 years$7,501$7,070$6,664$6,282$5,922$4,737
7 years$6,365$5,938$5,538$5,165$4,816$3,693
8 years$5,513$5,090$4,697$4,333$3,995$2,932
9 years$4,851$4,431$4,045$3,690$3,365$2,360
10 years$4,321$3,906$3,527$3,181$2,867$1,920
11 years$3,888$3,477$3,105$2,769$2,466$1,575
12 years$3,528$3,121$2,755$2,428$2,137$1,300
13 years$3,223$2,821$2,462$2,144$1,863$1,078
14 years$2,962$2,564$2,212$1,903$1,633$898
15 years$2,736$2,342$1,997$1,697$1,438$751
16 years$2,539$2,149$1,811$1,520$1,271$629
17 years$2,364$1,979$1,648$1,365$1,127$529
18 years$2,210$1,829$1,504$1,231$1,002$445
19 years$2,072$1,695$1,377$1,112$893$375
20 years$1,947$1,575$1,264$1,007$798$317
21 years$1,835$1,467$1,162$914$714$268
22 years$1,733$1,369$1,071$831$640$227
23 years$1,640$1,281$989$757$574$192
24 years$1,555$1,200$915$690$516$163
25 years$1,477$1,126$847$630$465$138
26 years$1,405$1,058$786$576$418$117
27 years$1,339$996$730$528$377$99
28 years$1,277$939$678$483$340$84
29 years$1,220$885$631$443$307$71
30 years$1,166$836$588$407$278$61
31 years$1,117$790$548$374$251$52
32 years$1,070$748$511$343$227$44
33 years$1,026$708$478$316$206$37
34 years$985$671$446$291$186$32
35 years$946$637$417$267$169$27
36 years$910$604$390$246$153$23
37 years$876$574$365$227$138$19
38 years$843$545$342$209$126$16
39 years$813$519$320$193$114$14
40 years$783$494$300$178$103$12
41 years$756$470$282$164$94$10
42 years$730$447$264$151$85$9
43 years$705$426$248$140$77$7
44 years$681$406$233$129$70$6
45 years$658$387$219$119$64$5
46 years$637$370$205$110$58$5
47 years$616$353$193$102$52$4
48 years$596$337$181$94$48$3
49 years$577$322$170$87$43$3
50 years$559$307$160$80$39$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $573,000, adding $3,866 every year, while hoping to spend $46,266 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: 45/36/19 Blend
44$573,000$573,000$573,000$573,000
45$635,434$605,065$596,183$660,399
46$651,021$585,486$566,929$658,711
47$666,648$563,398$535,144$651,985
48$682,270$538,628$500,694$643,725
49$697,834$510,994$463,441$633,808
50$713,285$480,304$423,237$622,105
51$728,556$446,355$379,932$608,476
52$743,574$408,931$333,365$592,773
53$758,256$367,807$283,370$574,837
54$772,509$322,740$229,774$554,497
55$786,229$273,478$172,395$531,569
56$799,298$219,752$111,044$505,857
57$811,585$161,279$45,523$477,150
58$822,945$97,760$0$445,223
59$833,214$28,878$0$414,780
60$842,210$0$0$390,784
61$849,729$0$0$381,866
62$855,546$0$0$383,506
63$859,410$0$0$384,138
64$861,040$0$0$383,622
65$860,127$0$0$381,803
66$856,325$0$0$378,509
67$849,253$0$0$373,548
68$838,484$0$0$366,709
69$823,550$0$0$357,756
70$803,927$0$0$346,431
71$779,039$0$0$332,443
72$748,246$0$0$315,475
73$710,838$0$0$295,174
74$666,033$0$0$271,149
75$612,962$0$0$242,968
76$550,666$0$0$210,154
77$478,084$0$0$172,179
78$394,043$0$0$128,459
79$297,247$0$0$78,349
80$186,262$0$0$21,136
81$59,506$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0