Can I retire at age 45 with 571,000?

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 $571,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$47,153$46,733$46,323$45,923$45,532$45,283
2 years$23,343$22,908$22,487$22,078$21,682$21,431
3 years$15,407$14,971$14,550$14,146$13,756$13,510
4 years$11,440$11,005$10,589$10,191$9,811$9,573
5 years$9,061$8,628$8,218$7,828$7,458$7,228
6 years$7,475$7,046$6,641$6,260$5,901$5,680
7 years$6,343$5,917$5,519$5,147$4,799$4,586
8 years$5,494$5,072$4,680$4,317$3,982$3,777
9 years$4,834$4,416$4,031$3,677$3,353$3,157
10 years$4,306$3,892$3,514$3,170$2,857$2,669
11 years$3,875$3,465$3,094$2,759$2,457$2,278
12 years$3,516$3,110$2,746$2,420$2,129$1,958
13 years$3,212$2,811$2,453$2,136$1,857$1,693
14 years$2,952$2,555$2,204$1,896$1,628$1,472
15 years$2,727$2,334$1,990$1,691$1,433$1,285
16 years$2,530$2,141$1,804$1,514$1,267$1,126
17 years$2,356$1,972$1,642$1,361$1,123$989
18 years$2,202$1,822$1,499$1,226$999$872
19 years$2,064$1,689$1,372$1,108$890$770
20 years$1,941$1,569$1,259$1,004$795$681
21 years$1,829$1,462$1,158$911$711$604
22 years$1,727$1,365$1,068$828$638$536
23 years$1,635$1,276$986$754$572$477
24 years$1,550$1,196$912$688$515$424
25 years$1,472$1,122$844$628$463$378
26 years$1,400$1,055$783$574$417$337
27 years$1,334$993$727$526$376$301
28 years$1,273$935$676$482$339$269
29 years$1,216$882$629$442$306$240
30 years$1,162$833$586$405$277$215
31 years$1,113$788$546$372$250$192
32 years$1,066$745$510$342$226$172
33 years$1,023$706$476$315$205$154
34 years$982$669$445$290$185$138
35 years$943$635$416$267$168$124
36 years$907$602$389$245$152$111
37 years$873$572$364$226$138$99
38 years$840$544$341$208$125$89
39 years$810$517$319$192$113$80
40 years$781$492$299$177$103$72
41 years$753$468$281$164$93$64
42 years$727$446$263$151$85$58
43 years$702$425$247$139$77$52
44 years$678$405$232$129$70$46
45 years$656$386$218$119$63$42
46 years$634$368$205$110$58$37
47 years$614$352$192$101$52$34
48 years$594$336$181$94$47$30
49 years$575$320$170$87$43$27
50 years$557$306$160$80$39$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $571,000, adding $5,335 every year, while hoping to spend $37,518 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: 50/31/19 Blend
44$571,000$571,000$571,000$571,000
45$634,745$604,482$595,632$662,878
46$659,570$594,183$575,666$672,583
47$685,670$582,121$553,775$678,834
48$713,135$568,172$529,853$684,828
49$742,064$552,201$503,792$690,553
50$772,563$534,068$475,477$696,002
51$804,749$513,622$444,791$701,165
52$838,750$490,706$411,608$706,038
53$874,705$465,153$375,799$710,618
54$912,765$436,786$337,229$714,904
55$953,095$405,416$295,754$718,897
56$995,877$370,848$251,228$722,606
57$1,041,308$332,871$203,495$726,040
58$1,089,604$291,264$152,395$729,215
59$1,141,001$245,794$97,758$732,152
60$1,195,760$196,214$39,410$734,880
61$1,254,163$142,264$0$737,434
62$1,316,520$83,668$0$744,493
63$1,383,173$20,135$0$760,302
64$1,454,493$0$0$776,971
65$1,530,891$0$0$811,211
66$1,612,815$0$0$855,333
67$1,700,757$0$0$902,739
68$1,795,257$0$0$953,726
69$1,896,908$0$0$1,008,619
70$2,006,362$0$0$1,067,776
71$2,124,333$0$0$1,131,589
72$2,251,607$0$0$1,200,491
73$2,389,046$0$0$1,274,955
74$2,537,599$0$0$1,355,503
75$2,698,307$0$0$1,442,708
76$2,872,317$0$0$1,537,200
77$3,060,888$0$0$1,639,671
78$3,265,404$0$0$1,750,883
79$3,487,388$0$0$1,871,673
80$3,728,515$0$0$2,002,963
81$3,990,628$0$0$2,145,766
82$4,275,754$0$0$2,301,199
83$4,586,122$0$0$2,470,487
84$4,924,185$0$0$2,654,982
85$5,292,645$0$0$2,856,168
86$5,694,474$0$0$3,075,683
87$6,132,940$0$0$3,315,326
88$6,611,646$0$0$3,577,080
89$7,134,554$0$0$3,863,125
90$7,706,027$0$0$4,175,864
91$8,330,869$0$0$4,517,942
92$9,014,367$0$0$4,892,270
93$9,762,345$0$0$5,302,054
94$10,581,215$0$0$5,750,826
95$11,478,037$0$0$6,242,474
96$12,460,589$0$0$6,781,279
97$13,537,431$0$0$7,371,957
98$14,717,997$0$0$8,019,703
99$16,012,672$0$0$8,730,236
100$17,432,897$0$0$9,509,859