Can I retire at age 45 with 576,000?

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 $576,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$47,566$47,142$46,728$46,325$45,931$45,022
2 years$23,547$23,109$22,684$22,272$21,872$20,960
3 years$15,542$15,102$14,678$14,270$13,876$12,990
4 years$11,541$11,101$10,682$10,280$9,897$9,043
5 years$9,140$8,704$8,289$7,896$7,523$6,704
6 years$7,540$7,107$6,699$6,315$5,953$5,169
7 years$6,398$5,969$5,567$5,192$4,841$4,093
8 years$5,542$5,116$4,721$4,355$4,016$3,304
9 years$4,876$4,455$4,066$3,710$3,382$2,705
10 years$4,344$3,926$3,545$3,198$2,882$2,239
11 years$3,909$3,496$3,121$2,783$2,479$1,870
12 years$3,546$3,137$2,770$2,441$2,148$1,572
13 years$3,240$2,835$2,475$2,155$1,873$1,329
14 years$2,978$2,577$2,224$1,913$1,642$1,128
15 years$2,750$2,354$2,008$1,706$1,446$962
16 years$2,552$2,160$1,820$1,528$1,278$823
17 years$2,377$1,989$1,656$1,373$1,133$705
18 years$2,221$1,838$1,512$1,237$1,007$606
19 years$2,083$1,704$1,384$1,118$898$522
20 years$1,958$1,583$1,270$1,012$802$450
21 years$1,845$1,475$1,168$919$718$389
22 years$1,742$1,376$1,077$835$643$336
23 years$1,649$1,287$994$761$577$291
24 years$1,564$1,206$920$694$519$252
25 years$1,485$1,132$852$634$467$218
26 years$1,413$1,064$790$579$421$189
27 years$1,346$1,001$734$530$379$164
28 years$1,284$943$682$486$342$143
29 years$1,226$890$635$446$309$124
30 years$1,172$841$591$409$279$108
31 years$1,122$795$551$376$252$94
32 years$1,075$752$514$345$228$81
33 years$1,032$712$480$317$207$71
34 years$990$675$449$292$187$62
35 years$951$640$419$269$169$54
36 years$915$608$392$248$154$47
37 years$880$577$367$228$139$41
38 years$848$548$344$210$126$35
39 years$817$521$322$194$114$31
40 years$787$496$302$179$104$27
41 years$760$472$283$165$94$23
42 years$733$450$266$152$85$20
43 years$708$429$249$141$78$18
44 years$684$408$234$130$70$15
45 years$662$390$220$120$64$13
46 years$640$372$206$111$58$12
47 years$619$355$194$102$53$10
48 years$599$339$182$95$48$9
49 years$580$323$171$87$43$8
50 years$562$309$161$81$39$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $576,000, adding $2,737 every year, while hoping to spend $35,617 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: 37/36/27 Blend
44$576,000$576,000$576,000$576,000
45$637,575$607,047$598,119$655,931
46$664,712$598,896$580,260$661,557
47$693,422$589,152$560,609$664,177
48$723,830$577,699$539,068$666,319
49$756,069$564,415$515,535$667,963
50$790,287$549,170$489,904$669,089
51$826,643$531,827$462,063$669,682
52$865,314$512,239$431,895$669,724
53$906,491$490,254$399,279$669,203
54$950,385$465,709$364,087$668,106
55$997,227$438,431$326,186$666,426
56$1,047,268$408,238$285,437$664,159
57$1,100,786$374,938$241,696$661,304
58$1,158,083$338,327$194,810$657,866
59$1,219,493$298,190$144,621$653,854
60$1,285,380$254,300$90,965$649,287
61$1,356,145$206,417$33,668$644,188
62$1,432,227$154,287$0$638,592
63$1,514,108$97,641$0$640,456
64$1,602,319$36,197$0$652,785
65$1,697,442$0$0$665,994
66$1,800,114$0$0$692,244
67$1,911,040$0$0$736,159
68$2,030,991$0$0$783,711
69$2,160,815$0$0$835,247
70$2,301,445$0$0$891,145
71$2,453,906$0$0$951,821
72$2,619,326$0$0$1,017,734
73$2,798,946$0$0$1,089,389
74$2,994,129$0$0$1,167,339
75$3,206,375$0$0$1,252,196
76$3,437,337$0$0$1,344,630
77$3,688,830$0$0$1,445,381
78$3,962,852$0$0$1,555,262
79$4,261,605$0$0$1,675,168
80$4,587,509$0$0$1,806,085
81$4,943,228$0$0$1,949,096
82$5,331,696$0$0$2,105,397
83$5,756,142$0$0$2,276,301
84$6,220,120$0$0$2,463,256
85$6,727,546$0$0$2,667,857
86$7,282,727$0$0$2,891,856
87$7,890,410$0$0$3,137,188
88$8,555,818$0$0$3,405,981
89$9,284,707$0$0$3,700,577
90$10,083,413$0$0$4,023,558
91$10,958,914$0$0$4,377,768
92$11,918,897$0$0$4,766,336
93$12,971,826$0$0$5,192,713
94$14,127,026$0$0$5,660,697
95$15,394,766$0$0$6,174,473
96$16,786,360$0$0$6,738,650
97$18,314,268$0$0$7,358,306
98$19,992,217$0$0$8,039,035
99$21,835,329$0$0$8,786,998
100$23,860,261$0$0$9,608,986