Can I retire at age 45 with 577,000?

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 $577,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$47,648$47,224$46,810$46,405$46,011$45,045
2 years$23,588$23,149$22,723$22,310$21,910$20,941
3 years$15,569$15,128$14,703$14,294$13,901$12,960
4 years$11,561$11,121$10,700$10,298$9,914$9,008
5 years$9,156$8,719$8,304$7,910$7,536$6,668
6 years$7,553$7,120$6,711$6,326$5,963$5,133
7 years$6,409$5,979$5,577$5,201$4,850$4,058
8 years$5,551$5,125$4,729$4,363$4,023$3,270
9 years$4,885$4,462$4,073$3,716$3,388$2,672
10 years$4,352$3,933$3,551$3,203$2,887$2,208
11 years$3,916$3,502$3,127$2,788$2,483$1,840
12 years$3,553$3,143$2,775$2,445$2,152$1,544
13 years$3,246$2,840$2,479$2,159$1,876$1,302
14 years$2,983$2,582$2,227$1,916$1,645$1,104
15 years$2,755$2,358$2,011$1,709$1,448$939
16 years$2,556$2,164$1,823$1,530$1,280$801
17 years$2,381$1,993$1,659$1,375$1,135$686
18 years$2,225$1,841$1,515$1,239$1,009$588
19 years$2,086$1,707$1,387$1,120$899$505
20 years$1,961$1,586$1,272$1,014$803$435
21 years$1,848$1,477$1,170$920$719$374
22 years$1,745$1,379$1,079$837$644$323
23 years$1,652$1,290$996$762$578$279
24 years$1,566$1,208$921$695$520$241
25 years$1,488$1,134$853$635$468$208
26 years$1,415$1,066$791$580$421$180
27 years$1,348$1,003$735$531$380$156
28 years$1,286$945$683$487$343$135
29 years$1,228$892$636$446$310$117
30 years$1,175$842$592$410$280$102
31 years$1,124$796$552$376$253$88
32 years$1,077$753$515$346$229$76
33 years$1,033$713$481$318$207$66
34 years$992$676$449$293$187$58
35 years$953$641$420$269$170$50
36 years$916$609$393$248$154$43
37 years$882$578$368$229$139$38
38 years$849$549$344$211$126$33
39 years$818$522$323$194$115$28
40 years$789$497$302$179$104$25
41 years$761$473$284$165$94$21
42 years$735$451$266$153$86$19
43 years$709$429$250$141$78$16
44 years$686$409$234$130$70$14
45 years$663$390$220$120$64$12
46 years$641$372$207$111$58$11
47 years$620$355$194$102$53$9
48 years$600$339$182$95$48$8
49 years$581$324$171$88$44$7
50 years$563$309$161$81$40$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $577,000, adding $5,900 every year, while hoping to spend $35,346 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: 53/40/7 Blend
44$577,000$577,000$577,000$577,000
45$641,940$611,359$602,415$674,577
46$669,810$603,708$584,988$689,704
47$699,338$594,497$565,793$701,787
48$730,656$583,613$544,733$714,081
49$763,908$570,935$521,706$726,612
50$799,251$556,335$496,608$739,412
51$836,859$539,680$469,328$752,517
52$876,919$520,824$439,751$765,968
53$919,638$499,618$407,756$779,814
54$965,243$475,901$373,218$794,112
55$1,013,981$449,504$336,004$808,924
56$1,066,124$420,247$295,977$824,326
57$1,121,971$387,940$252,995$840,401
58$1,181,847$352,385$206,906$857,246
59$1,246,113$313,369$157,554$874,970
60$1,315,160$270,668$104,776$893,697
61$1,389,421$224,046$48,401$913,568
62$1,469,371$173,253$0$934,743
63$1,555,530$118,025$0$958,279
64$1,648,470$58,084$0$987,418
65$1,748,819$0$0$1,018,783
66$1,857,269$0$0$1,055,670
67$1,974,577$0$0$1,123,269
68$2,101,579$0$0$1,196,500
69$2,239,192$0$0$1,275,899
70$2,388,423$0$0$1,362,054
71$2,550,382$0$0$1,455,610
72$2,726,289$0$0$1,557,281
73$2,917,485$0$0$1,667,847
74$3,125,445$0$0$1,788,170
75$3,351,795$0$0$1,919,198
76$3,598,321$0$0$2,061,972
77$3,866,988$0$0$2,217,640
78$4,159,961$0$0$2,387,466
79$4,479,621$0$0$2,572,837
80$4,828,590$0$0$2,775,284
81$5,209,753$0$0$2,996,492
82$5,626,287$0$0$3,238,314
83$6,081,690$0$0$3,502,792
84$6,579,811$0$0$3,792,172
85$7,124,892$0$0$4,108,931
86$7,721,599$0$0$4,455,792
87$8,375,075$0$0$4,835,758
88$9,090,981$0$0$5,252,132
89$9,875,550$0$0$5,708,555
90$10,735,650$0$0$6,209,035
91$11,678,844$0$0$6,757,988
92$12,713,460$0$0$7,360,277
93$13,848,674$0$0$8,021,257
94$15,094,590$0$0$8,746,830
95$16,462,340$0$0$9,543,495
96$17,964,185$0$0$10,418,411
97$19,613,634$0$0$11,379,464
98$21,425,565$0$0$12,435,344
99$23,416,370$0$0$13,595,622
100$25,604,108$0$0$14,870,843