An image forming optical system comprising, in order from the object side: a first lens group G1 that is fixed during zooming and includes a reflecting optical element for bending an optical path; a second lens group G2 having a negative refracting power and movable during zooming; a third lens group G3 having a positive refracting power; a fourth lens group G4 having a positive refracting power; and a rearmost lens group GR, wherein during zooming from the wide angle end to the telephoto end, the third lens group G3 moves on the optical axis toward the object side, characterized in that the rearmost lens group GR satisfies the following condition: 0.95