Can I retire at age 45 with 576,000?

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 $576,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$47,566$47,142$46,728$46,325$45,931$44,479
2 years$23,547$23,109$22,684$22,272$21,872$20,422
3 years$15,542$15,102$14,678$14,270$13,876$12,474
4 years$11,541$11,101$10,682$10,280$9,897$8,553
5 years$9,140$8,704$8,289$7,896$7,523$6,242
6 years$7,540$7,107$6,699$6,315$5,953$4,735
7 years$6,398$5,969$5,567$5,192$4,841$3,686
8 years$5,542$5,116$4,721$4,355$4,016$2,923
9 years$4,876$4,455$4,066$3,710$3,382$2,351
10 years$4,344$3,926$3,545$3,198$2,882$1,910
11 years$3,909$3,496$3,121$2,783$2,479$1,564
12 years$3,546$3,137$2,770$2,441$2,148$1,289
13 years$3,240$2,835$2,475$2,155$1,873$1,068
14 years$2,978$2,577$2,224$1,913$1,642$889
15 years$2,750$2,354$2,008$1,706$1,446$742
16 years$2,552$2,160$1,820$1,528$1,278$621
17 years$2,377$1,989$1,656$1,373$1,133$521
18 years$2,221$1,838$1,512$1,237$1,007$438
19 years$2,083$1,704$1,384$1,118$898$369
20 years$1,958$1,583$1,270$1,012$802$311
21 years$1,845$1,475$1,168$919$718$262
22 years$1,742$1,376$1,077$835$643$221
23 years$1,649$1,287$994$761$577$187
24 years$1,564$1,206$920$694$519$158
25 years$1,485$1,132$852$634$467$134
26 years$1,413$1,064$790$579$421$113
27 years$1,346$1,001$734$530$379$96
28 years$1,284$943$682$486$342$81
29 years$1,226$890$635$446$309$69
30 years$1,172$841$591$409$279$59
31 years$1,122$795$551$376$252$50
32 years$1,075$752$514$345$228$42
33 years$1,032$712$480$317$207$36
34 years$990$675$449$292$187$30
35 years$951$640$419$269$169$26
36 years$915$608$392$248$154$22
37 years$880$577$367$228$139$19
38 years$848$548$344$210$126$16
39 years$817$521$322$194$114$13
40 years$787$496$302$179$104$11
41 years$760$472$283$165$94$10
42 years$733$450$266$152$85$8
43 years$708$429$249$141$78$7
44 years$684$408$234$130$70$6
45 years$662$390$220$120$64$5
46 years$640$372$206$111$58$4
47 years$619$355$194$102$53$4
48 years$599$339$182$95$48$3
49 years$580$323$171$87$43$3
50 years$562$309$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 $576,000, adding $3,009 every year, while hoping to spend $24,322 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: 49/38/13 Blend
44$576,000$576,000$576,000$576,000
45$637,856$607,328$598,400$666,694
46$677,039$611,208$592,568$690,730
47$719,403$614,464$585,725$714,043
48$765,248$617,038$577,813$738,823
49$814,901$618,871$568,767$765,214
50$868,725$619,900$558,525$793,376
51$927,115$620,056$547,016$823,489
52$990,510$619,267$534,170$855,750
53$1,059,389$617,458$519,912$890,378
54$1,134,281$614,548$504,163$927,616
55$1,215,767$610,450$486,842$967,733
56$1,304,487$605,074$467,863$1,011,025
57$1,401,144$598,322$447,136$1,057,824
58$1,506,515$590,094$424,569$1,108,493
59$1,621,450$580,279$400,063$1,163,437
60$1,746,889$568,764$373,516$1,223,104
61$1,883,864$555,426$344,821$1,287,987
62$2,033,513$540,136$313,867$1,358,636
63$2,197,086$522,758$280,537$1,435,655
64$2,375,964$503,148$244,709$1,519,715
65$2,571,662$481,152$206,257$1,611,558
66$2,785,852$456,609$165,047$1,712,003
67$3,020,373$429,347$120,941$1,821,958
68$3,277,252$399,186$73,793$1,942,424
69$3,558,720$365,935$23,454$2,074,511
70$3,867,235$329,390$0$2,219,443
71$4,205,501$289,339$0$2,382,773
72$4,576,501$245,556$0$2,565,544
73$4,983,517$197,801$0$2,766,176
74$5,430,166$145,823$0$2,986,522
75$5,920,430$89,355$0$3,228,627
76$6,458,697$28,117$0$3,494,746
77$7,049,800$0$0$3,787,372
78$7,699,064$0$0$4,125,224
79$8,412,354$0$0$4,509,374
80$9,196,130$0$0$4,931,555
81$10,057,512$0$0$5,395,607
82$11,004,342$0$0$5,905,766
83$12,045,258$0$0$6,466,694
84$13,189,779$0$0$7,083,532
85$14,448,393$0$0$7,761,940
86$15,832,653$0$0$8,508,155
87$17,355,289$0$0$9,329,052
88$19,030,327$0$0$10,232,201
89$20,873,219$0$0$11,225,947
90$22,900,994$0$0$12,319,481
91$25,132,410$0$0$13,522,934
92$27,588,140$0$0$14,847,465
93$30,290,959$0$0$16,305,371
94$33,265,964$0$0$17,910,204
95$36,540,807$0$0$19,676,892
96$40,145,959$0$0$21,621,887
97$44,114,992$0$0$23,763,318
98$48,484,902$0$0$26,121,158
99$53,296,454$0$0$28,717,419
100$58,594,566$0$0$31,576,353