Can I retire at age 45 with 572,000?

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 $572,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$47,235$46,814$46,404$46,003$45,612$44,419
2 years$23,384$22,948$22,526$22,117$21,720$20,526
3 years$15,434$14,997$14,576$14,171$13,780$12,623
4 years$11,460$11,024$10,608$10,209$9,828$8,717
5 years$9,077$8,643$8,232$7,842$7,471$6,408
6 years$7,488$7,058$6,653$6,271$5,912$4,898
7 years$6,354$5,927$5,528$5,156$4,808$3,844
8 years$5,503$5,081$4,688$4,325$3,989$3,074
9 years$4,842$4,424$4,038$3,684$3,359$2,493
10 years$4,314$3,899$3,521$3,176$2,862$2,043
11 years$3,882$3,471$3,099$2,764$2,461$1,688
12 years$3,522$3,116$2,751$2,424$2,133$1,405
13 years$3,218$2,816$2,458$2,140$1,860$1,175
14 years$2,957$2,559$2,208$1,900$1,630$987
15 years$2,731$2,338$1,994$1,694$1,436$832
16 years$2,534$2,145$1,808$1,517$1,269$703
17 years$2,360$1,976$1,645$1,363$1,125$596
18 years$2,206$1,825$1,501$1,228$1,000$506
19 years$2,068$1,692$1,375$1,110$892$431
20 years$1,944$1,572$1,261$1,005$796$367
21 years$1,832$1,464$1,160$912$713$313
22 years$1,730$1,367$1,069$830$639$267
23 years$1,638$1,278$987$755$573$229
24 years$1,553$1,198$913$689$515$195
25 years$1,475$1,124$846$629$464$167
26 years$1,403$1,056$784$575$418$143
27 years$1,336$994$728$527$377$123
28 years$1,275$937$677$483$340$105
29 years$1,218$884$630$442$307$90
30 years$1,164$835$587$406$277$77
31 years$1,115$789$547$373$251$66
32 years$1,068$747$511$343$227$57
33 years$1,024$707$477$315$205$49
34 years$983$670$445$290$186$42
35 years$945$636$416$267$168$36
36 years$908$603$390$246$152$31
37 years$874$573$365$227$138$27
38 years$842$545$341$209$125$23
39 years$811$518$320$193$114$20
40 years$782$493$300$178$103$17
41 years$754$469$281$164$93$14
42 years$728$447$264$151$85$12
43 years$703$426$247$140$77$11
44 years$680$406$232$129$70$9
45 years$657$387$218$119$63$8
46 years$635$369$205$110$58$7
47 years$615$352$192$102$52$6
48 years$595$336$181$94$48$5
49 years$576$321$170$87$43$4
50 years$558$307$160$80$39$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $572,000, adding $3,024 every year, while hoping to spend $36,383 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: 62/15/23 Blend
44$572,000$572,000$572,000$572,000
45$633,463$603,147$594,281$668,732
46$659,365$593,990$575,478$683,794
47$686,690$583,165$554,826$695,946
48$715,544$570,552$532,225$708,402
49$746,043$556,023$507,568$721,195
50$778,316$539,444$480,748$734,365
51$812,499$520,672$451,648$747,958
52$848,746$499,556$420,150$762,024
53$887,220$475,937$386,127$776,623
54$928,104$449,646$349,450$791,820
55$971,596$420,503$309,981$807,690
56$1,017,911$388,320$267,578$824,317
57$1,067,288$352,898$222,092$841,798
58$1,119,986$314,025$173,367$860,239
59$1,176,290$271,477$121,240$879,761
60$1,236,512$225,020$65,542$900,500
61$1,300,995$174,405$6,096$922,609
62$1,370,113$119,367$0$946,260
63$1,444,278$59,629$0$985,716
64$1,523,941$0$0$1,029,631
65$1,609,600$0$0$1,077,639
66$1,701,798$0$0$1,139,935
67$1,801,132$0$0$1,207,086
68$1,908,260$0$0$1,279,539
69$2,023,902$0$0$1,357,786
70$2,148,851$0$0$1,442,368
71$2,283,978$0$0$1,533,879
72$2,430,240$0$0$1,632,973
73$2,588,689$0$0$1,740,367
74$2,760,484$0$0$1,856,851
75$2,946,895$0$0$1,983,295
76$3,149,323$0$0$2,120,652
77$3,369,307$0$0$2,269,974
78$3,608,540$0$0$2,432,417
79$3,868,885$0$0$2,609,253
80$4,152,391$0$0$2,801,882
81$4,461,315$0$0$3,011,842
82$4,798,139$0$0$3,240,830
83$5,165,594$0$0$3,490,710
84$5,566,689$0$0$3,763,537
85$6,004,732$0$0$4,061,571
86$6,483,369$0$0$4,387,300
87$7,006,610$0$0$4,743,463
88$7,578,873$0$0$5,133,079
89$8,205,020$0$0$5,559,467
90$8,890,408$0$0$6,026,285
91$9,640,932$0$0$6,537,561
92$10,463,086$0$0$7,097,730
93$11,364,021$0$0$7,711,677
94$12,351,613$0$0$8,384,780
95$13,434,536$0$0$9,122,965
96$14,622,344$0$0$9,932,757
97$15,925,559$0$0$10,821,344
98$17,355,771$0$0$11,796,644
99$18,925,748$0$0$12,867,378
100$20,649,553$0$0$14,043,151