Can I retire at age 45 with 575,000?

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 $575,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$47,483$47,060$46,647$46,245$45,851$44,419
2 years$23,506$23,069$22,644$22,233$21,834$20,404
3 years$15,515$15,076$14,652$14,245$13,852$12,469
4 years$11,520$11,082$10,663$10,263$9,880$8,554
5 years$9,124$8,689$8,275$7,883$7,510$6,246
6 years$7,527$7,095$6,687$6,304$5,943$4,740
7 years$6,387$5,958$5,557$5,183$4,833$3,693
8 years$5,532$5,107$4,713$4,348$4,009$2,930
9 years$4,868$4,447$4,059$3,703$3,377$2,357
10 years$4,336$3,920$3,539$3,192$2,877$1,917
11 years$3,902$3,489$3,116$2,778$2,474$1,571
12 years$3,540$3,132$2,765$2,437$2,144$1,296
13 years$3,234$2,830$2,470$2,151$1,870$1,074
14 years$2,973$2,573$2,220$1,910$1,639$894
15 years$2,746$2,350$2,004$1,703$1,443$747
16 years$2,547$2,156$1,817$1,525$1,275$626
17 years$2,373$1,986$1,653$1,370$1,131$525
18 years$2,218$1,835$1,509$1,235$1,006$442
19 years$2,079$1,701$1,382$1,116$896$372
20 years$1,954$1,580$1,268$1,011$801$314
21 years$1,842$1,472$1,166$917$716$265
22 years$1,739$1,374$1,075$834$642$224
23 years$1,646$1,285$993$759$576$190
24 years$1,561$1,204$918$693$518$161
25 years$1,482$1,130$850$633$466$136
26 years$1,410$1,062$789$578$420$115
27 years$1,343$999$732$529$379$98
28 years$1,282$942$681$485$342$83
29 years$1,224$888$633$445$308$70
30 years$1,170$839$590$408$279$60
31 years$1,120$793$550$375$252$51
32 years$1,074$751$513$345$228$43
33 years$1,030$711$479$317$206$36
34 years$989$674$448$292$187$31
35 years$950$639$419$268$169$26
36 years$913$606$392$247$153$22
37 years$879$576$367$228$139$19
38 years$846$547$343$210$126$16
39 years$815$521$322$194$114$14
40 years$786$495$301$179$104$12
41 years$758$471$283$165$94$10
42 years$732$449$265$152$85$8
43 years$707$428$249$140$77$7
44 years$683$408$234$130$70$6
45 years$660$389$219$120$64$5
46 years$639$371$206$111$58$4
47 years$618$354$193$102$53$4
48 years$598$338$182$94$48$3
49 years$579$323$171$87$43$3
50 years$561$308$161$81$39$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $575,000, adding $4,607 every year, while hoping to spend $42,532 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: 62/10/28 Blend
44$575,000$575,000$575,000$575,000
45$638,402$607,927$599,015$672,928
46$658,265$592,462$573,828$681,465
47$678,729$574,813$546,372$685,761
48$699,810$554,829$516,526$689,545
49$721,524$532,350$484,163$692,775
50$743,889$507,204$449,152$695,407
51$766,921$479,213$411,354$697,395
52$790,638$448,185$370,625$698,687
53$815,057$413,920$326,815$699,232
54$840,195$376,204$279,766$698,973
55$866,071$334,814$229,313$697,853
56$892,701$289,511$175,287$695,807
57$920,104$240,045$117,506$692,771
58$948,297$186,149$55,785$688,675
59$977,298$127,545$0$683,444
60$1,007,123$63,935$0$680,013
61$1,037,790$0$0$693,269
62$1,069,315$0$0$707,054
63$1,101,714$0$0$728,449
64$1,135,003$0$0$750,428
65$1,169,196$0$0$773,001
66$1,204,306$0$0$796,176
67$1,240,348$0$0$819,961
68$1,277,332$0$0$844,364
69$1,315,267$0$0$869,390
70$1,354,164$0$0$895,044
71$1,394,026$0$0$921,329
72$1,434,860$0$0$948,248
73$1,476,666$0$0$975,800
74$1,519,442$0$0$1,003,983
75$1,563,185$0$0$1,032,794
76$1,607,886$0$0$1,062,226
77$1,653,531$0$0$1,092,267
78$1,700,105$0$0$1,122,907
79$1,747,582$0$0$1,154,128
80$1,795,936$0$0$1,185,908
81$1,845,130$0$0$1,218,223
82$1,895,121$0$0$1,251,042
83$1,945,857$0$0$1,284,328
84$1,997,278$0$0$1,318,039
85$2,049,311$0$0$1,352,122
86$2,101,874$0$0$1,386,522
87$2,154,869$0$0$1,421,169
88$2,208,186$0$0$1,455,987
89$2,261,696$0$0$1,490,886
90$2,315,256$0$0$1,525,767
91$2,368,699$0$0$1,560,514
92$2,421,838$0$0$1,594,997
93$2,474,460$0$0$1,629,070
94$2,526,326$0$0$1,662,567
95$2,577,165$0$0$1,695,302
96$2,626,675$0$0$1,727,065
97$2,674,513$0$0$1,757,621
98$2,720,298$0$0$1,786,707
99$2,763,603$0$0$1,814,030
100$2,803,948$0$0$1,839,259