Can I retire at age 45 with 574,000?

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 $574,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$47,400$46,978$46,566$46,164$45,772$44,395
2 years$23,466$23,029$22,605$22,194$21,796$20,421
3 years$15,488$15,049$14,627$14,220$13,828$12,498
4 years$11,500$11,063$10,645$10,245$9,862$8,586
5 years$9,108$8,673$8,261$7,869$7,497$6,279
6 years$7,514$7,083$6,676$6,293$5,932$4,774
7 years$6,376$5,948$5,548$5,174$4,825$3,725
8 years$5,523$5,098$4,705$4,340$4,002$2,961
9 years$4,859$4,439$4,052$3,697$3,371$2,387
10 years$4,329$3,913$3,533$3,187$2,872$1,944
11 years$3,895$3,483$3,110$2,773$2,470$1,596
12 years$3,534$3,126$2,760$2,433$2,140$1,319
13 years$3,229$2,825$2,466$2,148$1,866$1,096
14 years$2,967$2,568$2,216$1,906$1,636$914
15 years$2,741$2,346$2,001$1,700$1,441$765
16 years$2,543$2,153$1,814$1,522$1,273$643
17 years$2,369$1,982$1,651$1,368$1,129$541
18 years$2,214$1,832$1,507$1,233$1,004$456
19 years$2,075$1,698$1,379$1,114$895$385
20 years$1,951$1,578$1,266$1,009$799$325
21 years$1,838$1,469$1,164$916$715$275
22 years$1,736$1,372$1,073$832$641$233
23 years$1,643$1,283$991$758$575$198
24 years$1,558$1,202$916$691$517$168
25 years$1,480$1,128$849$631$465$143
26 years$1,408$1,060$787$577$419$121
27 years$1,341$998$731$528$378$103
28 years$1,279$940$680$484$341$88
29 years$1,222$887$632$444$308$74
30 years$1,168$838$589$408$278$63
31 years$1,118$792$549$374$252$54
32 years$1,072$749$512$344$228$46
33 years$1,028$710$478$316$206$39
34 years$987$672$447$291$186$33
35 years$948$638$418$268$169$28
36 years$912$605$391$247$153$24
37 years$877$575$366$227$139$20
38 years$845$546$343$210$126$17
39 years$814$520$321$193$114$15
40 years$785$494$301$178$103$13
41 years$757$471$282$164$94$11
42 years$731$448$265$152$85$9
43 years$706$427$248$140$77$8
44 years$682$407$233$129$70$7
45 years$659$388$219$119$64$6
46 years$638$370$206$110$58$5
47 years$617$353$193$102$52$4
48 years$597$337$181$94$48$3
49 years$578$322$171$87$43$3
50 years$560$308$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 $574,000, adding $2,865 every year, while hoping to spend $21,999 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: 55/16/29 Blend
44$574,000$574,000$574,000$574,000
45$635,503$605,081$596,184$665,203
46$676,918$611,323$592,750$692,264
47$721,819$617,134$588,463$719,224
48$770,540$622,469$583,272$748,149
49$823,446$627,281$577,122$779,238
50$880,940$631,520$569,957$812,708
51$943,462$635,131$561,718$848,801
52$1,011,501$638,058$552,341$887,784
53$1,085,593$640,241$541,763$929,952
54$1,166,325$641,615$529,914$975,631
55$1,254,347$642,111$516,723$1,025,180
56$1,350,372$641,656$502,115$1,078,998
57$1,455,187$640,174$486,012$1,137,526
58$1,569,656$637,582$468,334$1,201,248
59$1,694,730$633,794$448,993$1,270,702
60$1,831,459$628,716$427,900$1,346,481
61$1,980,996$622,251$404,963$1,429,239
62$2,144,612$614,296$380,084$1,519,701
63$2,323,706$604,740$353,160$1,618,666
64$2,519,818$593,466$324,084$1,727,015
65$2,734,645$580,351$292,747$1,845,723
66$2,970,055$565,264$259,030$1,975,865
67$3,228,105$548,068$222,813$2,118,629
68$3,511,063$528,614$183,968$2,275,327
69$3,821,424$506,749$142,363$2,447,405
70$4,161,937$482,307$97,860$2,636,460
71$4,535,630$455,116$50,314$2,844,255
72$4,945,839$424,991$0$3,072,737
73$5,396,238$391,739$0$3,324,185
74$5,890,874$355,154$0$3,617,458
75$6,434,206$315,019$0$3,939,638
76$7,031,145$271,105$0$4,293,663
77$7,687,103$223,170$0$4,682,771
78$8,408,040$170,958$0$5,110,531
79$9,200,523$114,198$0$5,580,879
80$10,071,788$52,605$0$6,098,151
81$11,029,806$0$0$6,667,128
82$12,083,358$0$0$7,295,564
83$13,242,120$0$0$7,997,003
84$14,516,754$0$0$8,768,643
85$15,919,004$0$0$9,617,603
86$17,461,812$0$0$10,551,726
87$19,159,437$0$0$11,579,652
88$21,027,591$0$0$12,710,904
89$23,083,583$0$0$13,955,973
90$25,346,489$0$0$15,326,418
91$27,837,326$0$0$16,834,977
92$30,579,251$0$0$18,495,686
93$33,597,781$0$0$20,324,007
94$36,921,034$0$0$22,336,983
95$40,579,992$0$0$24,553,391
96$44,608,794$0$0$26,993,920
97$49,045,057$0$0$29,681,370
98$53,930,232$0$0$32,640,862
99$59,309,998$0$0$35,900,081
100$65,234,684$0$0$39,489,530