Can I retire at age 45 with 578,000?

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 $578,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$47,731$47,306$46,891$46,486$46,091$44,438
2 years$23,629$23,189$22,762$22,349$21,948$20,300
3 years$15,596$15,154$14,729$14,319$13,925$12,334
4 years$11,581$11,140$10,719$10,316$9,931$8,410
5 years$9,172$8,734$8,318$7,924$7,550$6,102
6 years$7,567$7,132$6,722$6,337$5,974$4,601
7 years$6,420$5,989$5,586$5,210$4,858$3,560
8 years$5,561$5,134$4,738$4,370$4,030$2,805
9 years$4,893$4,470$4,081$3,723$3,394$2,240
10 years$4,359$3,940$3,558$3,209$2,892$1,807
11 years$3,922$3,508$3,132$2,793$2,487$1,470
12 years$3,559$3,148$2,780$2,450$2,155$1,203
13 years$3,251$2,845$2,483$2,163$1,880$989
14 years$2,988$2,586$2,231$1,920$1,648$817
15 years$2,760$2,362$2,015$1,712$1,451$676
16 years$2,561$2,168$1,826$1,533$1,282$562
17 years$2,385$1,996$1,662$1,377$1,137$467
18 years$2,229$1,845$1,517$1,241$1,011$390
19 years$2,090$1,710$1,389$1,122$901$325
20 years$1,964$1,589$1,275$1,016$805$272
21 years$1,851$1,480$1,172$922$720$228
22 years$1,748$1,381$1,081$838$646$191
23 years$1,655$1,292$998$763$579$160
24 years$1,569$1,210$923$696$521$134
25 years$1,490$1,136$855$636$469$112
26 years$1,418$1,068$793$581$422$94
27 years$1,350$1,005$736$532$381$79
28 years$1,288$947$684$488$343$66
29 years$1,230$893$637$447$310$56
30 years$1,177$843$593$410$280$47
31 years$1,126$797$553$377$253$39
32 years$1,079$754$516$346$229$33
33 years$1,035$714$482$319$207$28
34 years$994$677$450$293$188$23
35 years$955$642$421$270$170$20
36 years$918$610$394$248$154$17
37 years$883$579$368$229$140$14
38 years$851$550$345$211$127$12
39 years$820$523$323$195$115$10
40 years$790$498$303$179$104$8
41 years$762$474$284$166$94$7
42 years$736$451$266$153$86$6
43 years$711$430$250$141$78$5
44 years$687$410$235$130$71$4
45 years$664$391$220$120$64$3
46 years$642$373$207$111$58$3
47 years$621$356$194$103$53$2
48 years$601$340$183$95$48$2
49 years$583$324$172$88$44$2
50 years$564$310$162$81$40$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $578,000, adding $3,915 every year, while hoping to spend $37,797 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: 53/36/11 Blend
44$578,000$578,000$578,000$578,000
45$640,994$610,360$601,401$672,941
46$666,160$600,052$581,333$684,802
47$692,626$587,972$559,325$693,291
48$720,484$573,994$535,273$701,647
49$749,837$557,982$509,067$709,867
50$780,793$539,796$480,594$717,947
51$813,472$519,285$449,732$725,887
52$848,006$496,289$416,357$733,690
53$884,535$470,640$380,339$741,360
54$923,217$442,161$341,539$748,905
55$964,221$410,663$299,817$756,338
56$1,007,733$375,946$255,022$763,675
57$1,053,956$337,802$206,999$770,938
58$1,103,111$296,006$155,585$778,153
59$1,155,442$250,324$100,611$785,355
60$1,211,216$200,508$41,900$792,586
61$1,270,722$146,295$0$799,895
62$1,334,281$87,409$0$809,780
63$1,402,242$23,557$0$825,280
64$1,474,989$0$0$841,581
65$1,552,943$0$0$876,858
66$1,636,564$0$0$924,748
67$1,726,359$0$0$976,214
68$1,822,883$0$0$1,031,579
69$1,926,746$0$0$1,091,199
70$2,038,619$0$0$1,155,464
71$2,159,235$0$0$1,224,802
72$2,289,404$0$0$1,299,684
73$2,430,012$0$0$1,380,628
74$2,582,036$0$0$1,468,202
75$2,746,548$0$0$1,563,031
76$2,924,726$0$0$1,665,802
77$3,117,866$0$0$1,777,271
78$3,327,393$0$0$1,898,269
79$3,554,874$0$0$2,029,710
80$3,802,033$0$0$2,172,600
81$4,070,765$0$0$2,328,043
82$4,363,158$0$0$2,497,258
83$4,681,506$0$0$2,681,583
84$5,028,334$0$0$2,882,492
85$5,406,422$0$0$3,101,605
86$5,818,829$0$0$3,340,710
87$6,268,922$0$0$3,601,769
88$6,760,406$0$0$3,886,946
89$7,297,361$0$0$4,198,621
90$7,884,278$0$0$4,539,417
91$8,526,102$0$0$4,912,218
92$9,228,278$0$0$5,320,203
93$9,996,799$0$0$5,766,872
94$10,838,268$0$0$6,256,077
95$11,759,954$0$0$6,792,061
96$12,769,861$0$0$7,379,499
97$13,876,805$0$0$8,023,537
98$15,090,498$0$0$8,729,844
99$16,421,632$0$0$9,504,663
100$17,881,987$0$0$10,354,871