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%18.7%
1 years$47,483$47,060$46,647$46,245$45,851$44,242
2 years$23,506$23,069$22,644$22,233$21,834$20,230
3 years$15,515$15,076$14,652$14,245$13,852$12,303
4 years$11,520$11,082$10,663$10,263$9,880$8,398
5 years$9,124$8,689$8,275$7,883$7,510$6,099
6 years$7,527$7,095$6,687$6,304$5,943$4,604
7 years$6,387$5,958$5,557$5,183$4,833$3,566
8 years$5,532$5,107$4,713$4,348$4,009$2,813
9 years$4,868$4,447$4,059$3,703$3,377$2,249
10 years$4,336$3,920$3,539$3,192$2,877$1,817
11 years$3,902$3,489$3,116$2,778$2,474$1,480
12 years$3,540$3,132$2,765$2,437$2,144$1,212
13 years$3,234$2,830$2,470$2,151$1,870$998
14 years$2,973$2,573$2,220$1,910$1,639$825
15 years$2,746$2,350$2,004$1,703$1,443$685
16 years$2,547$2,156$1,817$1,525$1,275$569
17 years$2,373$1,986$1,653$1,370$1,131$474
18 years$2,218$1,835$1,509$1,235$1,006$396
19 years$2,079$1,701$1,382$1,116$896$331
20 years$1,954$1,580$1,268$1,011$801$277
21 years$1,842$1,472$1,166$917$716$232
22 years$1,739$1,374$1,075$834$642$195
23 years$1,646$1,285$993$759$576$164
24 years$1,561$1,204$918$693$518$137
25 years$1,482$1,130$850$633$466$115
26 years$1,410$1,062$789$578$420$97
27 years$1,343$999$732$529$379$82
28 years$1,282$942$681$485$342$69
29 years$1,224$888$633$445$308$58
30 years$1,170$839$590$408$279$49
31 years$1,120$793$550$375$252$41
32 years$1,074$751$513$345$228$34
33 years$1,030$711$479$317$206$29
34 years$989$674$448$292$187$24
35 years$950$639$419$268$169$21
36 years$913$606$392$247$153$17
37 years$879$576$367$228$139$15
38 years$846$547$343$210$126$12
39 years$815$521$322$194$114$10
40 years$786$495$301$179$104$9
41 years$758$471$283$165$94$7
42 years$732$449$265$152$85$6
43 years$707$428$249$140$77$5
44 years$683$408$234$130$70$4
45 years$660$389$219$120$64$4
46 years$639$371$206$111$58$3
47 years$618$354$193$102$53$3
48 years$598$338$182$94$48$2
49 years$579$323$171$87$43$2
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 $6,517 every year, while hoping to spend $47,269 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: 60/32/8 Blend
44$575,000$575,000$575,000$575,000
45$640,372$609,897$600,985$677,299
46$655,396$589,488$570,824$682,425
47$670,369$566,495$538,068$682,024
48$685,234$540,741$502,581$680,404
49$699,930$512,040$464,220$677,448
50$714,386$480,193$422,835$673,033
51$728,524$444,992$378,270$667,023
52$742,253$406,217$330,361$659,270
53$755,474$363,633$278,940$649,618
54$768,076$316,994$223,828$637,895
55$779,932$266,040$164,839$623,914
56$790,904$210,494$101,779$607,476
57$800,834$150,066$34,447$588,362
58$809,549$84,449$0$566,338
59$816,854$13,319$0$544,340
60$822,534$0$0$522,245
61$826,347$0$0$519,247
62$828,026$0$0$519,503
63$827,274$0$0$518,125
64$823,762$0$0$514,893
65$817,123$0$0$509,565
66$806,950$0$0$501,871
67$792,794$0$0$491,513
68$774,156$0$0$478,160
69$750,482$0$0$461,445
70$721,160$0$0$440,962
71$685,513$0$0$416,262
72$642,790$0$0$386,848
73$592,160$0$0$352,170
74$532,706$0$0$311,619
75$463,412$0$0$264,523
76$383,156$0$0$210,138
77$290,697$0$0$147,643
78$184,664$0$0$76,130
79$63,541$0$0$0
80$0$0$0$0
81$0$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