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%19.5%
1 years$47,483$47,060$46,647$46,245$45,851$44,102
2 years$23,506$23,069$22,644$22,233$21,834$20,092
3 years$15,515$15,076$14,652$14,245$13,852$12,173
4 years$11,520$11,082$10,663$10,263$9,880$8,275
5 years$9,124$8,689$8,275$7,883$7,510$5,985
6 years$7,527$7,095$6,687$6,304$5,943$4,498
7 years$6,387$5,958$5,557$5,183$4,833$3,468
8 years$5,532$5,107$4,713$4,348$4,009$2,723
9 years$4,868$4,447$4,059$3,703$3,377$2,166
10 years$4,336$3,920$3,539$3,192$2,877$1,741
11 years$3,902$3,489$3,116$2,778$2,474$1,411
12 years$3,540$3,132$2,765$2,437$2,144$1,150
13 years$3,234$2,830$2,470$2,151$1,870$942
14 years$2,973$2,573$2,220$1,910$1,639$774
15 years$2,746$2,350$2,004$1,703$1,443$638
16 years$2,547$2,156$1,817$1,525$1,275$528
17 years$2,373$1,986$1,653$1,370$1,131$437
18 years$2,218$1,835$1,509$1,235$1,006$363
19 years$2,079$1,701$1,382$1,116$896$302
20 years$1,954$1,580$1,268$1,011$801$251
21 years$1,842$1,472$1,166$917$716$209
22 years$1,739$1,374$1,075$834$642$174
23 years$1,646$1,285$993$759$576$145
24 years$1,561$1,204$918$693$518$121
25 years$1,482$1,130$850$633$466$101
26 years$1,410$1,062$789$578$420$85
27 years$1,343$999$732$529$379$71
28 years$1,282$942$681$485$342$59
29 years$1,224$888$633$445$308$49
30 years$1,170$839$590$408$279$41
31 years$1,120$793$550$375$252$35
32 years$1,074$751$513$345$228$29
33 years$1,030$711$479$317$206$24
34 years$989$674$448$292$187$20
35 years$950$639$419$268$169$17
36 years$913$606$392$247$153$14
37 years$879$576$367$228$139$12
38 years$846$547$343$210$126$10
39 years$815$521$322$194$114$8
40 years$786$495$301$179$104$7
41 years$758$471$283$165$94$6
42 years$732$449$265$152$85$5
43 years$707$428$249$140$77$4
44 years$683$408$234$130$70$3
45 years$660$389$219$120$64$3
46 years$639$371$206$111$58$2
47 years$618$354$193$102$53$2
48 years$598$338$182$94$48$2
49 years$579$323$171$87$43$1
50 years$561$308$161$81$39$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $575,000, adding $4,177 every year, while hoping to spend $31,667 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: 60/19/21 Blend
44$575,000$575,000$575,000$575,000
45$637,959$607,484$598,571$672,473
46$669,337$603,557$584,930$692,423
47$702,854$598,376$569,770$710,345
48$738,696$591,847$553,008$729,189
49$777,064$583,869$534,555$749,050
50$818,181$574,335$514,319$770,035
51$862,290$563,132$492,203$792,261
52$909,660$550,141$468,107$815,858
53$960,582$535,235$441,926$840,974
54$1,015,380$518,280$413,549$867,770
55$1,074,406$499,134$382,861$896,428
56$1,138,051$477,646$349,742$927,148
57$1,206,740$453,659$314,066$960,153
58$1,280,942$427,003$275,702$995,693
59$1,361,173$397,501$234,513$1,034,042
60$1,448,000$364,965$190,356$1,075,506
61$1,542,044$329,197$143,081$1,120,426
62$1,643,991$289,986$92,533$1,169,178
63$1,754,593$247,110$38,548$1,222,181
64$1,874,678$200,335$0$1,279,899
65$2,005,157$149,413$0$1,347,117
66$2,147,032$94,083$0$1,429,630
67$2,301,404$34,069$0$1,519,464
68$2,469,487$0$0$1,617,363
69$2,652,614$0$0$1,730,613
70$2,852,255$0$0$1,861,881
71$3,070,024$0$0$2,005,113
72$3,307,702$0$0$2,161,485
73$3,567,245$0$0$2,332,290
74$3,850,810$0$0$2,518,952
75$4,160,769$0$0$2,723,040
76$4,499,736$0$0$2,946,281
77$4,870,585$0$0$3,190,575
78$5,276,485$0$0$3,458,015
79$5,720,924$0$0$3,750,908
80$6,207,742$0$0$4,071,792
81$6,741,169$0$0$4,423,462
82$7,325,863$0$0$4,808,996
83$7,966,955$0$0$5,231,788
84$8,670,093$0$0$5,695,570
85$9,441,504$0$0$6,204,458
86$10,288,040$0$0$6,762,983
87$11,217,253$0$0$7,376,136
88$12,237,461$0$0$8,049,415
89$13,357,826$0$0$8,788,877
90$14,588,440$0$0$9,601,195
91$15,940,423$0$0$10,493,718
92$17,426,023$0$0$11,474,545
93$19,058,734$0$0$12,552,596
94$20,853,422$0$0$13,737,699
95$22,826,465$0$0$15,040,681
96$24,995,907$0$0$16,473,473
97$27,381,628$0$0$18,049,216
98$30,005,531$0$0$19,782,392
99$32,891,748$0$0$21,688,955
100$36,066,868$0$0$23,786,483