Can I retire at age 45 with 574,000?

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 $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%15.3%
1 years$47,400$46,978$46,566$46,164$45,772$44,774
2 years$23,466$23,029$22,605$22,194$21,796$20,796
3 years$15,488$15,049$14,627$14,220$13,828$12,857
4 years$11,500$11,063$10,645$10,245$9,862$8,928
5 years$9,108$8,673$8,261$7,869$7,497$6,601
6 years$7,514$7,083$6,676$6,293$5,932$5,076
7 years$6,376$5,948$5,548$5,174$4,825$4,009
8 years$5,523$5,098$4,705$4,340$4,002$3,226
9 years$4,859$4,439$4,052$3,697$3,371$2,633
10 years$4,329$3,913$3,533$3,187$2,872$2,173
11 years$3,895$3,483$3,110$2,773$2,470$1,809
12 years$3,534$3,126$2,760$2,433$2,140$1,516
13 years$3,229$2,825$2,466$2,148$1,866$1,277
14 years$2,967$2,568$2,216$1,906$1,636$1,081
15 years$2,741$2,346$2,001$1,700$1,441$918
16 years$2,543$2,153$1,814$1,522$1,273$782
17 years$2,369$1,982$1,651$1,368$1,129$668
18 years$2,214$1,832$1,507$1,233$1,004$572
19 years$2,075$1,698$1,379$1,114$895$491
20 years$1,951$1,578$1,266$1,009$799$422
21 years$1,838$1,469$1,164$916$715$363
22 years$1,736$1,372$1,073$832$641$312
23 years$1,643$1,283$991$758$575$269
24 years$1,558$1,202$916$691$517$232
25 years$1,480$1,128$849$631$465$201
26 years$1,408$1,060$787$577$419$173
27 years$1,341$998$731$528$378$150
28 years$1,279$940$680$484$341$130
29 years$1,222$887$632$444$308$112
30 years$1,168$838$589$408$278$97
31 years$1,118$792$549$374$252$84
32 years$1,072$749$512$344$228$73
33 years$1,028$710$478$316$206$63
34 years$987$672$447$291$186$55
35 years$948$638$418$268$169$47
36 years$912$605$391$247$153$41
37 years$877$575$366$227$139$36
38 years$845$546$343$210$126$31
39 years$814$520$321$193$114$27
40 years$785$494$301$178$103$23
41 years$757$471$282$164$94$20
42 years$731$448$265$152$85$17
43 years$706$427$248$140$77$15
44 years$682$407$233$129$70$13
45 years$659$388$219$119$64$11
46 years$638$370$206$110$58$10
47 years$617$353$193$102$52$9
48 years$597$337$181$94$48$7
49 years$578$322$171$87$43$6
50 years$560$308$160$80$39$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $574,000, adding $3,689 every year, while hoping to spend $22,934 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: 29/44/27 Blend
44$574,000$574,000$574,000$574,000
45$636,353$605,931$597,034$649,410
46$676,860$611,220$592,633$665,266
47$720,729$616,000$587,316$680,054
48$768,280$620,221$581,028$695,492
49$819,864$623,831$573,712$711,651
50$875,866$626,774$565,306$728,611
51$936,709$628,991$555,750$746,465
52$1,002,861$630,419$544,975$765,312
53$1,074,835$630,991$532,913$785,268
54$1,153,195$630,637$519,493$806,459
55$1,238,562$629,280$504,637$829,028
56$1,331,621$626,840$488,268$853,135
57$1,433,124$623,233$470,303$878,958
58$1,543,899$618,367$450,654$906,696
59$1,664,858$612,148$429,232$936,571
60$1,797,004$604,474$405,942$968,831
61$1,941,442$595,238$380,685$1,003,751
62$2,099,390$584,325$353,358$1,041,639
63$2,272,185$571,614$323,854$1,082,837
64$2,461,303$556,978$292,058$1,127,726
65$2,668,368$540,282$257,854$1,176,730
66$2,895,168$521,383$221,119$1,230,320
67$3,143,673$500,128$181,723$1,289,020
68$3,416,050$476,357$139,534$1,353,410
69$3,714,689$449,900$94,410$1,424,138
70$4,042,221$420,579$46,207$1,501,921
71$4,401,543$388,203$0$1,587,554
72$4,795,847$352,571$0$1,683,428
73$5,228,648$313,472$0$1,803,319
74$5,703,820$270,681$0$1,935,035
75$6,225,627$223,962$0$2,079,830
76$6,798,768$173,064$0$2,239,089
77$7,428,422$117,723$0$2,414,343
78$8,120,289$57,660$0$2,607,288
79$8,880,653$0$0$2,819,793
80$9,716,436$0$0$3,057,519
81$10,635,262$0$0$3,349,656
82$11,645,532$0$0$3,670,970
83$12,756,502$0$0$4,024,416
84$13,978,370$0$0$4,413,253
85$15,322,370$0$0$4,841,069
86$16,800,882$0$0$5,311,819
87$18,427,544$0$0$5,829,859
88$20,217,385$0$0$6,399,991
89$22,186,961$0$0$7,027,505
90$24,354,518$0$0$7,718,228
91$26,740,157$0$0$8,478,583
92$29,366,027$0$0$9,315,647
93$32,256,535$0$0$10,237,217
94$35,438,573$0$0$11,251,886
95$38,941,773$0$0$12,369,121
96$42,798,785$0$0$13,599,355
97$47,045,589$0$0$14,954,082
98$51,721,829$0$0$16,445,972
99$56,871,189$0$0$18,088,980
100$62,541,806$0$0$19,898,490