Can I retire at age 48 with 570,000?

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 $570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$47,070$46,651$46,242$45,842$45,453$44,390
2 years$23,302$22,868$22,447$22,040$21,644$20,579
3 years$15,380$14,945$14,525$14,121$13,732$12,699
4 years$11,420$10,986$10,570$10,173$9,794$8,800
5 years$9,045$8,613$8,203$7,814$7,445$6,493
6 years$7,462$7,033$6,629$6,249$5,891$4,982
7 years$6,331$5,906$5,509$5,138$4,791$3,925
8 years$5,484$5,063$4,672$4,310$3,975$3,152
9 years$4,825$4,408$4,024$3,671$3,347$2,567
10 years$4,299$3,886$3,508$3,164$2,852$2,113
11 years$3,868$3,459$3,089$2,754$2,453$1,754
12 years$3,510$3,105$2,741$2,416$2,126$1,466
13 years$3,206$2,806$2,449$2,133$1,853$1,232
14 years$2,947$2,550$2,200$1,893$1,625$1,040
15 years$2,722$2,330$1,987$1,688$1,431$881
16 years$2,525$2,138$1,801$1,512$1,264$748
17 years$2,352$1,969$1,639$1,358$1,121$638
18 years$2,198$1,819$1,496$1,224$997$544
19 years$2,061$1,686$1,370$1,106$888$466
20 years$1,937$1,567$1,257$1,002$794$399
21 years$1,826$1,459$1,156$909$710$342
22 years$1,724$1,362$1,066$827$637$294
23 years$1,632$1,274$984$753$571$252
24 years$1,547$1,194$910$687$514$217
25 years$1,470$1,120$843$627$462$187
26 years$1,398$1,053$782$573$416$161
27 years$1,332$991$726$525$375$139
28 years$1,270$934$675$481$339$119
29 years$1,213$881$628$441$306$103
30 years$1,160$832$585$405$276$89
31 years$1,111$786$545$372$250$77
32 years$1,064$744$509$342$226$66
33 years$1,021$705$475$314$205$57
34 years$980$668$444$289$185$49
35 years$942$633$415$266$168$43
36 years$905$601$388$245$152$37
37 years$871$571$363$226$138$32
38 years$839$543$340$208$125$27
39 years$808$516$319$192$113$24
40 years$779$491$299$177$103$20
41 years$752$467$280$163$93$18
42 years$726$445$263$151$85$15
43 years$701$424$247$139$77$13
44 years$677$404$231$128$70$11
45 years$655$385$217$119$63$10
46 years$633$368$204$110$57$9
47 years$613$351$192$101$52$7
48 years$593$335$180$94$47$6
49 years$574$320$169$86$43$5
50 years$557$306$159$80$39$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 48 starting with $570,000, adding $3,297 every year, while hoping to spend $21,478 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: 66/24/10 Blend
47$570,000$570,000$570,000$570,000
48$631,541$601,331$592,496$671,677
49$673,106$607,944$589,492$705,427
50$718,190$614,161$585,668$739,447
51$767,131$619,940$580,973$776,073
52$820,297$625,236$575,355$815,558
53$878,097$630,002$568,758$858,180
54$940,977$634,186$561,126$904,246
55$1,009,430$637,735$552,397$954,094
56$1,083,999$640,591$542,509$1,008,098
57$1,165,279$642,692$531,396$1,066,669
58$1,253,927$643,973$518,987$1,130,261
59$1,350,666$644,366$505,211$1,199,374
60$1,456,290$643,797$489,992$1,274,561
61$1,571,676$642,187$473,251$1,356,432
62$1,697,786$639,453$454,904$1,445,656
63$1,835,683$635,509$434,866$1,542,976
64$1,986,533$630,259$413,045$1,649,207
65$2,151,624$623,607$389,346$1,765,252
66$2,332,372$615,446$363,672$1,892,103
67$2,530,337$605,665$335,918$2,030,856
68$2,747,236$594,148$305,976$2,182,721
69$2,984,961$580,768$273,733$2,349,029
70$3,245,596$565,394$239,071$2,531,251
71$3,531,434$547,886$201,868$2,731,008
72$3,845,004$528,096$161,994$2,950,088
73$4,189,089$505,868$119,316$3,190,462
74$4,566,755$481,035$73,692$3,454,304
75$4,981,381$453,421$24,977$3,744,012
76$5,436,685$422,843$0$4,062,228
77$5,936,768$389,103$0$4,414,752
78$6,486,144$351,995$0$4,804,945
79$7,089,786$311,298$0$5,233,704
80$7,753,175$266,783$0$5,704,954
81$8,482,347$218,203$0$6,223,026
82$9,283,952$165,301$0$6,792,690
83$10,165,318$107,803$0$7,419,207
84$11,134,517$45,422$0$8,108,377
85$12,200,443$0$0$8,866,590
86$13,372,894$0$0$9,706,742
87$14,662,668$0$0$10,644,202
88$16,081,660$0$0$11,675,625
89$17,642,975$0$0$12,810,543
90$19,361,056$0$0$14,059,459
91$21,251,814$0$0$15,433,945
92$23,332,781$0$0$16,946,752
93$25,623,275$0$0$18,611,930
94$28,144,582$0$0$20,444,958
95$30,920,156$0$0$22,462,896
96$33,975,840$0$0$24,684,539
97$37,340,112$0$0$27,130,597
98$41,044,349$0$0$29,823,894
99$45,123,129$0$0$32,789,574
100$49,614,550$0$0$36,055,349