Can I retire at age 45 with 573,000?

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 $573,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$47,318$46,896$46,485$46,084$45,692$44,861
2 years$23,425$22,988$22,566$22,156$21,758$20,924
3 years$15,461$15,023$14,601$14,195$13,804$12,993
4 years$11,480$11,044$10,626$10,227$9,845$9,063
5 years$9,093$8,658$8,246$7,855$7,484$6,733
6 years$7,501$7,070$6,664$6,282$5,922$5,203
7 years$6,365$5,938$5,538$5,165$4,816$4,129
8 years$5,513$5,090$4,697$4,333$3,995$3,341
9 years$4,851$4,431$4,045$3,690$3,365$2,742
10 years$4,321$3,906$3,527$3,181$2,867$2,275
11 years$3,888$3,477$3,105$2,769$2,466$1,904
12 years$3,528$3,121$2,755$2,428$2,137$1,605
13 years$3,223$2,821$2,462$2,144$1,863$1,360
14 years$2,962$2,564$2,212$1,903$1,633$1,159
15 years$2,736$2,342$1,997$1,697$1,438$990
16 years$2,539$2,149$1,811$1,520$1,271$849
17 years$2,364$1,979$1,648$1,365$1,127$730
18 years$2,210$1,829$1,504$1,231$1,002$629
19 years$2,072$1,695$1,377$1,112$893$544
20 years$1,947$1,575$1,264$1,007$798$470
21 years$1,835$1,467$1,162$914$714$407
22 years$1,733$1,369$1,071$831$640$353
23 years$1,640$1,281$989$757$574$307
24 years$1,555$1,200$915$690$516$266
25 years$1,477$1,126$847$630$465$232
26 years$1,405$1,058$786$576$418$202
27 years$1,339$996$730$528$377$176
28 years$1,277$939$678$483$340$153
29 years$1,220$885$631$443$307$133
30 years$1,166$836$588$407$278$116
31 years$1,117$790$548$374$251$101
32 years$1,070$748$511$343$227$88
33 years$1,026$708$478$316$206$77
34 years$985$671$446$291$186$67
35 years$946$637$417$267$169$59
36 years$910$604$390$246$153$51
37 years$876$574$365$227$138$45
38 years$843$545$342$209$126$39
39 years$813$519$320$193$114$34
40 years$783$494$300$178$103$30
41 years$756$470$282$164$94$26
42 years$730$447$264$151$85$23
43 years$705$426$248$140$77$20
44 years$681$406$233$129$70$17
45 years$658$387$219$119$64$15
46 years$637$370$205$110$58$13
47 years$616$353$193$102$52$12
48 years$596$337$181$94$48$10
49 years$577$322$170$87$43$9
50 years$559$307$160$80$39$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $573,000, adding $3,500 every year, while hoping to spend $55,164 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: 67/11/22 Blend
44$573,000$573,000$573,000$573,000
45$635,056$604,687$595,806$673,838
46$641,138$575,623$557,071$671,220
47$645,991$543,285$515,190$661,700
48$649,432$507,456$469,999$649,985
49$651,257$467,905$421,327$635,862
50$651,239$424,386$368,995$619,093
51$649,126$376,641$312,817$599,420
52$644,638$324,398$252,598$576,561
53$637,466$267,368$188,134$550,209
54$627,265$205,247$119,214$520,024
55$613,654$137,712$45,616$485,640
56$596,210$64,423$0$446,652
57$574,466$0$0$410,348
58$547,904$0$0$382,257
59$515,950$0$0$357,962
60$477,969$0$0$329,196
61$433,261$0$0$295,439
62$381,048$0$0$256,117
63$320,472$0$0$210,598
64$250,586$0$0$158,178
65$170,340$0$0$98,084
66$78,576$0$0$29,458
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0