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%19.1%
1 years$47,483$47,060$46,647$46,245$45,851$44,172
2 years$23,506$23,069$22,644$22,233$21,834$20,161
3 years$15,515$15,076$14,652$14,245$13,852$12,238
4 years$11,520$11,082$10,663$10,263$9,880$8,336
5 years$9,124$8,689$8,275$7,883$7,510$6,042
6 years$7,527$7,095$6,687$6,304$5,943$4,550
7 years$6,387$5,958$5,557$5,183$4,833$3,516
8 years$5,532$5,107$4,713$4,348$4,009$2,768
9 years$4,868$4,447$4,059$3,703$3,377$2,208
10 years$4,336$3,920$3,539$3,192$2,877$1,779
11 years$3,902$3,489$3,116$2,778$2,474$1,445
12 years$3,540$3,132$2,765$2,437$2,144$1,181
13 years$3,234$2,830$2,470$2,151$1,870$970
14 years$2,973$2,573$2,220$1,910$1,639$799
15 years$2,746$2,350$2,004$1,703$1,443$661
16 years$2,547$2,156$1,817$1,525$1,275$548
17 years$2,373$1,986$1,653$1,370$1,131$456
18 years$2,218$1,835$1,509$1,235$1,006$379
19 years$2,079$1,701$1,382$1,116$896$316
20 years$1,954$1,580$1,268$1,011$801$264
21 years$1,842$1,472$1,166$917$716$220
22 years$1,739$1,374$1,075$834$642$184
23 years$1,646$1,285$993$759$576$154
24 years$1,561$1,204$918$693$518$129
25 years$1,482$1,130$850$633$466$108
26 years$1,410$1,062$789$578$420$91
27 years$1,343$999$732$529$379$76
28 years$1,282$942$681$485$342$64
29 years$1,224$888$633$445$308$53
30 years$1,170$839$590$408$279$45
31 years$1,120$793$550$375$252$38
32 years$1,074$751$513$345$228$32
33 years$1,030$711$479$317$206$26
34 years$989$674$448$292$187$22
35 years$950$639$419$268$169$19
36 years$913$606$392$247$153$16
37 years$879$576$367$228$139$13
38 years$846$547$343$210$126$11
39 years$815$521$322$194$114$9
40 years$786$495$301$179$104$8
41 years$758$471$283$165$94$7
42 years$732$449$265$152$85$5
43 years$707$428$249$140$77$5
44 years$683$408$234$130$70$4
45 years$660$389$219$120$64$3
46 years$639$371$206$111$58$3
47 years$618$354$193$102$53$2
48 years$598$338$182$94$48$2
49 years$579$323$171$87$43$2
50 years$561$308$161$81$39$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $575,000, adding $2,593 every year, while hoping to spend $21,478 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: 65/16/19 Blend
44$575,000$575,000$575,000$575,000
45$636,325$605,850$596,937$674,487
46$678,377$612,684$594,082$707,251
47$724,000$619,133$590,412$740,350
48$773,533$625,156$585,876$776,011
49$827,352$630,708$580,422$814,484
50$885,872$635,742$573,995$856,048
51$949,545$640,207$566,538$901,008
52$1,018,872$644,051$557,991$949,701
53$1,094,404$647,216$548,290$1,002,501
54$1,176,745$649,642$537,370$1,059,817
55$1,266,563$651,264$525,162$1,122,103
56$1,364,590$652,014$511,593$1,189,858
57$1,471,635$651,819$496,588$1,263,633
58$1,588,585$650,603$480,067$1,344,038
59$1,716,421$648,282$461,949$1,431,744
60$1,856,218$644,770$442,146$1,527,489
61$2,009,163$639,974$420,569$1,632,091
62$2,176,562$633,798$397,123$1,746,451
63$2,359,854$626,136$371,709$1,871,562
64$2,560,622$616,879$344,224$2,008,519
65$2,780,610$605,911$314,560$2,158,532
66$3,021,739$593,108$282,605$2,322,934
67$3,286,125$578,339$248,241$2,503,194
68$3,576,097$561,465$211,345$2,700,935
69$3,894,223$542,341$171,788$2,917,946
70$4,243,328$520,810$129,438$3,156,199
71$4,626,527$496,709$84,153$3,417,869
72$5,047,249$469,864$35,789$3,705,355
73$5,509,273$440,091$0$4,021,303
74$6,016,759$407,196$0$4,371,839
75$6,574,294$370,974$0$4,764,923
76$7,186,928$331,208$0$5,196,873
77$7,860,225$287,668$0$5,671,637
78$8,600,316$240,112$0$6,193,564
79$9,413,954$188,283$0$6,767,449
80$10,308,580$131,911$0$7,398,576
81$11,292,392$70,711$0$8,092,769
82$12,374,421$4,381$0$8,856,446
83$13,564,618$0$0$9,696,683
84$14,873,948$0$0$10,633,141
85$16,314,490$0$0$11,664,337
86$17,899,554$0$0$12,799,034
87$19,643,806$0$0$14,047,736
88$21,563,404$0$0$15,422,016
89$23,676,154$0$0$16,934,627
90$26,001,672$0$0$18,599,621
91$28,561,575$0$0$20,432,480
92$31,379,682$0$0$22,450,265
93$34,482,238$0$0$24,671,776
94$37,898,162$0$0$27,117,725
95$41,659,321$0$0$29,810,938
96$45,800,827$0$0$32,776,565
97$50,361,373$0$0$36,042,322
98$55,383,594$0$0$39,638,746
99$60,914,471$0$0$43,599,488
100$67,005,772$0$0$47,961,630