Can I retire at age 45 with 576,000?

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 $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%19.9%
1 years$47,566$47,142$46,728$46,325$45,931$44,109
2 years$23,547$23,109$22,684$22,272$21,872$20,059
3 years$15,542$15,102$14,678$14,270$13,876$12,129
4 years$11,541$11,101$10,682$10,280$9,897$8,229
5 years$9,140$8,704$8,289$7,896$7,523$5,939
6 years$7,540$7,107$6,699$6,315$5,953$4,453
7 years$6,398$5,969$5,567$5,192$4,841$3,426
8 years$5,542$5,116$4,721$4,355$4,016$2,683
9 years$4,876$4,455$4,066$3,710$3,382$2,130
10 years$4,344$3,926$3,545$3,198$2,882$1,708
11 years$3,909$3,496$3,121$2,783$2,479$1,380
12 years$3,546$3,137$2,770$2,441$2,148$1,121
13 years$3,240$2,835$2,475$2,155$1,873$916
14 years$2,978$2,577$2,224$1,913$1,642$751
15 years$2,750$2,354$2,008$1,706$1,446$617
16 years$2,552$2,160$1,820$1,528$1,278$509
17 years$2,377$1,989$1,656$1,373$1,133$421
18 years$2,221$1,838$1,512$1,237$1,007$348
19 years$2,083$1,704$1,384$1,118$898$288
20 years$1,958$1,583$1,270$1,012$802$239
21 years$1,845$1,475$1,168$919$718$199
22 years$1,742$1,376$1,077$835$643$165
23 years$1,649$1,287$994$761$577$137
24 years$1,564$1,206$920$694$519$114
25 years$1,485$1,132$852$634$467$95
26 years$1,413$1,064$790$579$421$79
27 years$1,346$1,001$734$530$379$66
28 years$1,284$943$682$486$342$55
29 years$1,226$890$635$446$309$46
30 years$1,172$841$591$409$279$38
31 years$1,122$795$551$376$252$32
32 years$1,075$752$514$345$228$26
33 years$1,032$712$480$317$207$22
34 years$990$675$449$292$187$18
35 years$951$640$419$269$169$15
36 years$915$608$392$248$154$13
37 years$880$577$367$228$139$11
38 years$848$548$344$210$126$9
39 years$817$521$322$194$114$7
40 years$787$496$302$179$104$6
41 years$760$472$283$165$94$5
42 years$733$450$266$152$85$4
43 years$708$429$249$141$78$4
44 years$684$408$234$130$70$3
45 years$662$390$220$120$64$2
46 years$640$372$206$111$58$2
47 years$619$355$194$102$53$2
48 years$599$339$182$95$48$1
49 years$580$323$171$87$43$1
50 years$562$309$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 $576,000, adding $2,288 every year, while hoping to spend $40,045 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: 53/32/15 Blend
44$576,000$576,000$576,000$576,000
45$637,112$606,584$597,656$668,205
46$659,490$593,699$575,070$676,810
47$682,808$578,841$550,385$681,716
48$707,121$561,870$523,489$686,153
49$732,485$542,639$494,264$690,088
50$758,963$520,993$462,586$693,486
51$786,623$496,767$428,328$696,311
52$815,536$469,787$391,356$698,527
53$845,782$439,868$351,527$700,096
54$877,446$406,816$308,698$700,980
55$910,620$370,424$262,713$701,139
56$945,402$330,474$213,413$700,534
57$981,903$286,737$160,632$699,125
58$1,020,239$238,969$104,195$696,872
59$1,060,537$186,912$43,920$693,736
60$1,102,938$130,297$0$689,678
61$1,147,591$68,835$0$687,924
62$1,194,662$2,225$0$692,885
63$1,244,330$0$0$697,521
64$1,296,790$0$0$726,432
65$1,352,256$0$0$757,851
66$1,410,959$0$0$791,131
67$1,473,155$0$0$826,419
68$1,539,120$0$0$863,876
69$1,609,158$0$0$903,678
70$1,683,601$0$0$946,018
71$1,762,812$0$0$991,107
72$1,847,189$0$0$1,039,176
73$1,937,166$0$0$1,090,477
74$2,033,219$0$0$1,145,289
75$2,135,872$0$0$1,203,914
76$2,245,696$0$0$1,266,685
77$2,363,319$0$0$1,333,969
78$2,489,430$0$0$1,406,165
79$2,624,783$0$0$1,483,713
80$2,770,206$0$0$1,567,096
81$2,926,611$0$0$1,656,843
82$3,094,995$0$0$1,753,536
83$3,276,454$0$0$1,857,815
84$3,472,195$0$0$1,970,380
85$3,683,540$0$0$2,092,004
86$3,911,942$0$0$2,223,534
87$4,159,002$0$0$2,365,901
88$4,426,475$0$0$2,520,130
89$4,716,293$0$0$2,687,348
90$5,030,579$0$0$2,868,791
91$5,371,668$0$0$3,065,823
92$5,742,131$0$0$3,279,941
93$6,144,790$0$0$3,512,793
94$6,582,755$0$0$3,766,193
95$7,059,445$0$0$4,042,135
96$7,578,624$0$0$4,342,815
97$8,144,430$0$0$4,670,647
98$8,761,421$0$0$5,028,292
99$9,434,613$0$0$5,418,676
100$10,169,525$0$0$5,845,020