Can I retire at age 45 with 569,000?

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 $569,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$46,987$46,569$46,161$45,762$45,373$44,330
2 years$23,261$22,828$22,408$22,001$21,606$20,561
3 years$15,353$14,918$14,499$14,096$13,708$12,694
4 years$11,400$10,967$10,552$10,156$9,777$8,801
5 years$9,029$8,598$8,189$7,800$7,432$6,497
6 years$7,449$7,021$6,618$6,238$5,881$4,988
7 years$6,320$5,896$5,499$5,129$4,783$3,932
8 years$5,475$5,054$4,664$4,302$3,968$3,159
9 years$4,817$4,400$4,017$3,665$3,341$2,574
10 years$4,291$3,879$3,502$3,159$2,847$2,120
11 years$3,861$3,453$3,083$2,749$2,448$1,761
12 years$3,503$3,099$2,736$2,411$2,122$1,473
13 years$3,201$2,801$2,445$2,129$1,850$1,239
14 years$2,942$2,546$2,197$1,890$1,622$1,046
15 years$2,717$2,326$1,983$1,685$1,428$887
16 years$2,521$2,134$1,798$1,509$1,262$754
17 years$2,348$1,965$1,636$1,356$1,119$643
18 years$2,194$1,816$1,494$1,222$995$549
19 years$2,057$1,683$1,367$1,104$887$470
20 years$1,934$1,564$1,255$1,000$792$403
21 years$1,822$1,457$1,154$908$709$346
22 years$1,721$1,360$1,064$825$635$297
23 years$1,629$1,272$982$752$570$256
24 years$1,545$1,192$908$685$513$220
25 years$1,467$1,118$841$626$461$190
26 years$1,395$1,051$780$572$416$163
27 years$1,329$989$725$524$375$141
28 years$1,268$932$674$480$338$121
29 years$1,211$879$627$440$305$105
30 years$1,158$830$584$404$276$91
31 years$1,109$785$544$371$249$78
32 years$1,062$743$508$341$226$68
33 years$1,019$703$474$314$204$58
34 years$978$667$443$288$185$50
35 years$940$632$414$266$167$44
36 years$904$600$388$245$152$38
37 years$870$570$363$225$137$33
38 years$837$542$340$208$125$28
39 years$807$515$318$192$113$24
40 years$778$490$298$177$103$21
41 years$750$466$280$163$93$18
42 years$724$444$262$150$84$16
43 years$700$423$246$139$77$14
44 years$676$403$231$128$70$12
45 years$654$385$217$118$63$10
46 years$632$367$204$109$57$9
47 years$612$350$191$101$52$8
48 years$592$334$180$93$47$7
49 years$573$319$169$86$43$6
50 years$556$305$159$80$39$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $569,000, adding $6,760 every year, while hoping to spend $34,079 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: 64/6/30 Blend
44$569,000$569,000$569,000$569,000
45$634,011$603,854$595,034$669,106
46$662,420$597,183$578,708$687,045
47$692,585$589,043$560,693$702,311
48$724,649$579,326$540,896$718,268
49$758,767$567,918$519,221$734,987
50$795,113$554,697$495,566$752,553
51$833,872$539,535$469,825$771,055
52$875,251$522,296$441,888$790,597
53$919,476$502,837$411,640$811,291
54$966,791$481,005$378,959$833,267
55$1,017,470$456,640$343,720$856,664
56$1,071,807$429,571$305,790$881,641
57$1,130,129$399,618$265,032$908,375
58$1,192,794$366,591$221,302$937,059
59$1,260,193$330,288$174,450$967,913
60$1,332,758$290,497$124,319$1,001,178
61$1,410,961$246,993$70,746$1,037,122
62$1,495,322$199,539$13,559$1,076,045
63$1,586,412$147,883$0$1,118,278
64$1,684,858$91,761$0$1,179,384
65$1,791,349$30,893$0$1,250,197
66$1,906,643$0$0$1,326,886
67$2,031,573$0$0$1,412,331
68$2,167,056$0$0$1,507,239
69$2,314,098$0$0$1,610,279
70$2,473,808$0$0$1,722,231
71$2,647,403$0$0$1,843,956
72$2,836,225$0$0$1,976,398
73$3,041,749$0$0$2,120,596
74$3,265,598$0$0$2,277,694
75$3,509,557$0$0$2,448,951
76$3,775,592$0$0$2,635,753
77$4,065,867$0$0$2,839,624
78$4,382,762$0$0$3,062,244
79$4,728,899$0$0$3,305,460
80$5,107,164$0$0$3,571,306
81$5,520,734$0$0$3,862,021
82$5,973,105$0$0$4,180,073
83$6,468,130$0$0$4,528,176
84$7,010,049$0$0$4,909,321
85$7,603,532$0$0$5,326,799
86$8,253,723$0$0$5,784,236
87$8,966,283$0$0$6,285,627
88$9,747,451$0$0$6,835,368
89$10,604,096$0$0$7,438,305
90$11,543,784$0$0$8,099,771
91$12,574,850$0$0$8,825,644
92$13,706,474$0$0$9,622,396
93$14,948,766$0$0$10,497,157
94$16,312,865$0$0$11,457,783
95$17,811,041$0$0$12,512,925
96$19,456,810$0$0$13,672,114
97$21,265,062$0$0$14,945,851
98$23,252,201$0$0$16,345,704
99$25,436,299$0$0$17,884,416
100$27,837,265$0$0$19,576,027