Can I retire at age 45 with 575,000?

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 $575,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$47,483$47,060$46,647$46,245$45,851$45,278
2 years$23,506$23,069$22,644$22,233$21,834$21,257
3 years$15,515$15,076$14,652$14,245$13,852$13,290
4 years$11,520$11,082$10,663$10,263$9,880$9,336
5 years$9,124$8,689$8,275$7,883$7,510$6,987
6 years$7,527$7,095$6,687$6,304$5,943$5,440
7 years$6,387$5,958$5,557$5,183$4,833$4,352
8 years$5,532$5,107$4,713$4,348$4,009$3,549
9 years$4,868$4,447$4,059$3,703$3,377$2,937
10 years$4,336$3,920$3,539$3,192$2,877$2,458
11 years$3,902$3,489$3,116$2,778$2,474$2,076
12 years$3,540$3,132$2,765$2,437$2,144$1,765
13 years$3,234$2,830$2,470$2,151$1,870$1,510
14 years$2,973$2,573$2,220$1,910$1,639$1,298
15 years$2,746$2,350$2,004$1,703$1,443$1,120
16 years$2,547$2,156$1,817$1,525$1,275$970
17 years$2,373$1,986$1,653$1,370$1,131$843
18 years$2,218$1,835$1,509$1,235$1,006$734
19 years$2,079$1,701$1,382$1,116$896$640
20 years$1,954$1,580$1,268$1,011$801$559
21 years$1,842$1,472$1,166$917$716$490
22 years$1,739$1,374$1,075$834$642$429
23 years$1,646$1,285$993$759$576$377
24 years$1,561$1,204$918$693$518$331
25 years$1,482$1,130$850$633$466$291
26 years$1,410$1,062$789$578$420$256
27 years$1,343$999$732$529$379$225
28 years$1,282$942$681$485$342$199
29 years$1,224$888$633$445$308$175
30 years$1,170$839$590$408$279$154
31 years$1,120$793$550$375$252$136
32 years$1,074$751$513$345$228$120
33 years$1,030$711$479$317$206$106
34 years$989$674$448$292$187$94
35 years$950$639$419$268$169$83
36 years$913$606$392$247$153$73
37 years$879$576$367$228$139$65
38 years$846$547$343$210$126$57
39 years$815$521$322$194$114$51
40 years$786$495$301$179$104$45
41 years$758$471$283$165$94$39
42 years$732$449$265$152$85$35
43 years$707$428$249$140$77$31
44 years$683$408$234$130$70$27
45 years$660$389$219$120$64$24
46 years$639$371$206$111$58$21
47 years$618$354$193$102$53$19
48 years$598$338$182$94$48$17
49 years$579$323$171$87$43$15
50 years$561$308$161$81$39$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $575,000, adding $5,384 every year, while hoping to spend $35,939 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: 55/40/5 Blend
44$575,000$575,000$575,000$575,000
45$639,204$608,729$599,816$673,410
46$666,164$600,317$581,671$688,672
47$694,669$590,290$561,714$700,803
48$724,839$578,528$539,845$713,120
49$756,806$564,909$515,963$725,645
50$790,710$549,300$489,958$738,404
51$826,710$531,562$461,719$751,427
52$864,975$511,549$431,127$764,750
53$905,692$489,105$398,059$778,414
54$949,065$464,064$362,387$792,468
55$995,319$436,252$323,976$806,967
56$1,044,698$405,486$282,686$821,976
57$1,097,472$371,569$238,371$837,568
58$1,153,934$334,296$190,876$853,826
59$1,214,408$293,449$140,043$870,849
60$1,279,248$248,798$85,705$888,744
61$1,348,841$200,099$27,686$907,636
62$1,423,616$147,097$0$927,668
63$1,504,038$89,518$0$950,824
64$1,590,623$27,078$0$977,156
65$1,683,935$0$0$1,005,399
66$1,784,593$0$0$1,053,635
67$1,893,279$0$0$1,118,627
68$2,010,740$0$0$1,188,910
69$2,137,799$0$0$1,264,982
70$2,275,360$0$0$1,347,389
71$2,424,417$0$0$1,436,734
72$2,586,062$0$0$1,533,677
73$2,761,497$0$0$1,638,945
74$2,952,044$0$0$1,753,339
75$3,159,156$0$0$1,877,739
76$3,384,432$0$0$2,013,113
77$3,629,632$0$0$2,160,526
78$3,896,693$0$0$2,321,150
79$4,187,744$0$0$2,496,276
80$4,505,130$0$0$2,687,324
81$4,851,432$0$0$2,895,855
82$5,229,491$0$0$3,123,592
83$5,642,432$0$0$3,372,427
84$6,093,699$0$0$3,644,445
85$6,587,081$0$0$3,941,942
86$7,126,751$0$0$4,267,445
87$7,717,302$0$0$4,623,738
88$8,363,793$0$0$5,013,884
89$9,071,795$0$0$5,441,258
90$9,847,443$0$0$5,909,578
91$10,697,492$0$0$6,422,936
92$11,629,383$0$0$6,985,839
93$12,651,310$0$0$7,603,253
94$13,772,299$0$0$8,280,646
95$15,002,291$0$0$9,024,042
96$16,352,237$0$0$9,840,076
97$17,834,198$0$0$10,736,055
98$19,461,462$0$0$11,720,032
99$21,248,664$0$0$12,800,875
100$23,211,928$0$0$13,988,354