Can I retire at age 45 with 574,000?

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 $574,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$47,400$46,978$46,566$46,164$45,772$44,995
2 years$23,466$23,029$22,605$22,194$21,796$21,016
3 years$15,488$15,049$14,627$14,220$13,828$13,069
4 years$11,500$11,063$10,645$10,245$9,862$9,130
5 years$9,108$8,673$8,261$7,869$7,497$6,793
6 years$7,514$7,083$6,676$6,293$5,932$5,258
7 years$6,376$5,948$5,548$5,174$4,825$4,180
8 years$5,523$5,098$4,705$4,340$4,002$3,388
9 years$4,859$4,439$4,052$3,697$3,371$2,785
10 years$4,329$3,913$3,533$3,187$2,872$2,316
11 years$3,895$3,483$3,110$2,773$2,470$1,942
12 years$3,534$3,126$2,760$2,433$2,140$1,640
13 years$3,229$2,825$2,466$2,148$1,866$1,393
14 years$2,967$2,568$2,216$1,906$1,636$1,188
15 years$2,741$2,346$2,001$1,700$1,441$1,018
16 years$2,543$2,153$1,814$1,522$1,273$875
17 years$2,369$1,982$1,651$1,368$1,129$754
18 years$2,214$1,832$1,507$1,233$1,004$651
19 years$2,075$1,698$1,379$1,114$895$564
20 years$1,951$1,578$1,266$1,009$799$489
21 years$1,838$1,469$1,164$916$715$424
22 years$1,736$1,372$1,073$832$641$369
23 years$1,643$1,283$991$758$575$321
24 years$1,558$1,202$916$691$517$279
25 years$1,480$1,128$849$631$465$244
26 years$1,408$1,060$787$577$419$212
27 years$1,341$998$731$528$378$185
28 years$1,279$940$680$484$341$162
29 years$1,222$887$632$444$308$141
30 years$1,168$838$589$408$278$124
31 years$1,118$792$549$374$252$108
32 years$1,072$749$512$344$228$95
33 years$1,028$710$478$316$206$83
34 years$987$672$447$291$186$72
35 years$948$638$418$268$169$63
36 years$912$605$391$247$153$55
37 years$877$575$366$227$139$49
38 years$845$546$343$210$126$43
39 years$814$520$321$193$114$37
40 years$785$494$301$178$103$33
41 years$757$471$282$164$94$29
42 years$731$448$265$152$85$25
43 years$706$427$248$140$77$22
44 years$682$407$233$129$70$19
45 years$659$388$219$119$64$17
46 years$638$370$206$110$58$15
47 years$617$353$193$102$52$13
48 years$597$337$181$94$48$11
49 years$578$322$171$87$43$10
50 years$560$308$160$80$39$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $574,000, adding $3,964 every year, while hoping to spend $40,538 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: 54/26/20 Blend
44$574,000$574,000$574,000$574,000
45$636,637$606,215$597,318$667,350
46$658,442$592,787$574,196$675,403
47$681,112$577,343$548,941$679,562
48$704,693$559,741$521,438$683,214
49$729,234$539,830$491,568$686,321
50$754,787$517,453$459,207$688,845
51$781,408$492,441$424,223$690,749
52$809,158$464,617$386,481$691,991
53$838,102$433,793$345,838$692,529
54$868,310$399,770$302,145$692,320
55$899,858$362,340$255,247$691,321
56$932,828$321,279$204,983$689,486
57$967,308$276,353$151,181$686,768
58$1,003,394$227,315$93,666$683,122
59$1,041,190$173,902$32,253$678,498
60$1,080,807$115,840$0$672,850
61$1,122,368$52,834$0$673,230
62$1,166,004$0$0$680,295
63$1,211,860$0$0$691,564
64$1,260,092$0$0$719,333
65$1,310,868$0$0$748,588
66$1,364,375$0$0$779,437
67$1,420,813$0$0$811,999
68$1,480,401$0$0$846,403
69$1,543,380$0$0$882,792
70$1,610,009$0$0$921,320
71$1,680,575$0$0$962,154
72$1,755,388$0$0$1,005,479
73$1,834,790$0$0$1,051,497
74$1,919,151$0$0$1,100,428
75$2,008,879$0$0$1,152,512
76$2,104,420$0$0$1,208,014
77$2,206,261$0$0$1,267,223
78$2,314,936$0$0$1,330,455
79$2,431,031$0$0$1,398,056
80$2,555,187$0$0$1,470,407
81$2,688,106$0$0$1,547,926
82$2,830,560$0$0$1,631,069
83$2,983,395$0$0$1,720,337
84$3,147,539$0$0$1,816,283
85$3,324,010$0$0$1,919,510
86$3,513,928$0$0$2,030,682
87$3,718,519$0$0$2,150,528
88$3,939,133$0$0$2,279,849
89$4,177,251$0$0$2,419,524
90$4,434,502$0$0$2,570,521
91$4,712,674$0$0$2,733,902
92$5,013,734$0$0$2,910,836
93$5,339,844$0$0$3,102,606
94$5,693,380$0$0$3,310,625
95$6,076,956$0$0$3,536,446
96$6,493,447$0$0$3,781,777
97$6,946,015$0$0$4,048,497
98$7,438,136$0$0$4,338,673
99$7,973,638$0$0$4,654,580
100$8,556,732$0$0$4,998,720