Can I retire at age 45 with 1,780,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$146,991$145,681$144,404$143,157$141,940$136,308
2 years$72,768$71,412$70,099$68,826$67,590$61,986
3 years$48,030$46,669$45,359$44,097$42,882$37,482
4 years$35,663$34,307$33,010$31,770$30,584$25,429
5 years$28,246$26,897$25,617$24,402$23,249$18,353
6 years$23,302$21,963$20,702$19,515$18,396$13,762
7 years$19,772$18,445$17,204$16,044$14,961$10,586
8 years$17,126$15,810$14,590$13,459$12,412$8,292
9 years$15,069$13,766$12,566$11,464$10,453$6,582
10 years$13,424$12,134$10,956$9,882$8,906$5,277
11 years$12,079$10,802$9,645$8,600$7,660$4,263
12 years$10,960$9,695$8,560$7,544$6,638$3,465
13 years$10,013$8,762$7,648$6,660$5,788$2,830
14 years$9,202$7,964$6,871$5,912$5,074$2,320
15 years$8,500$7,275$6,204$5,272$4,467$1,908
16 years$7,886$6,675$5,625$4,721$3,948$1,573
17 years$7,345$6,148$5,118$4,242$3,501$1,299
18 years$6,865$5,681$4,672$3,823$3,113$1,075
19 years$6,436$5,265$4,277$3,454$2,774$891
20 years$6,050$4,892$3,926$3,128$2,478$739
21 years$5,701$4,557$3,611$2,839$2,218$614
22 years$5,384$4,254$3,328$2,581$1,988$510
23 years$5,096$3,978$3,073$2,351$1,784$424
24 years$4,832$3,728$2,842$2,144$1,604$353
25 years$4,589$3,498$2,632$1,958$1,443$293
26 years$4,366$3,288$2,441$1,790$1,300$244
27 years$4,159$3,094$2,267$1,639$1,172$203
28 years$3,967$2,916$2,107$1,502$1,058$169
29 years$3,789$2,750$1,961$1,377$955$141
30 years$3,623$2,598$1,827$1,264$863$118
31 years$3,468$2,456$1,703$1,161$780$98
32 years$3,324$2,323$1,589$1,067$706$82
33 years$3,188$2,200$1,483$981$639$68
34 years$3,060$2,085$1,386$902$578$57
35 years$2,940$1,978$1,296$831$524$47
36 years$2,827$1,877$1,212$765$475$39
37 years$2,720$1,783$1,135$705$430$33
38 years$2,619$1,695$1,063$650$390$27
39 years$2,524$1,611$995$599$354$23
40 years$2,434$1,533$933$553$321$19
41 years$2,348$1,459$875$510$291$16
42 years$2,266$1,390$821$471$264$13
43 years$2,189$1,324$770$434$240$11
44 years$2,115$1,262$723$401$217$9
45 years$2,045$1,204$679$370$197$8
46 years$1,978$1,148$638$342$179$6
47 years$1,914$1,096$599$316$163$5
48 years$1,852$1,046$563$292$148$4
49 years$1,794$999$529$270$134$4
50 years$1,738$954$497$250$122$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,780,000, adding $6,819 every year, while hoping to spend $46,233 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: 40/40/20 Blend
44$1,780,000$1,780,000$1,780,000$1,780,000
45$1,968,594$1,874,254$1,846,664$2,035,426
46$2,120,199$1,916,901$1,859,335$2,126,541
47$2,285,718$1,960,088$1,870,882$2,220,113
48$2,466,522$2,003,793$1,881,217$2,320,394
49$2,664,119$2,047,990$1,890,250$2,428,018
50$2,880,170$2,092,653$1,897,885$2,543,686
51$3,116,505$2,137,750$1,904,021$2,668,171
52$3,375,136$2,183,247$1,908,553$2,802,324
53$3,658,281$2,229,108$1,911,371$2,947,085
54$3,968,381$2,275,290$1,912,358$3,103,489
55$4,308,126$2,321,749$1,911,392$3,272,676
56$4,680,477$2,368,436$1,908,345$3,455,906
57$5,088,694$2,415,298$1,903,083$3,654,565
58$5,536,370$2,462,277$1,895,465$3,870,185
59$6,027,460$2,509,310$1,885,344$4,104,451
60$6,566,323$2,556,328$1,872,565$4,359,225
61$7,157,758$2,603,258$1,856,966$4,636,557
62$7,807,052$2,650,020$1,838,377$4,938,711
63$8,520,028$2,696,528$1,816,620$5,268,179
64$9,303,103$2,742,690$1,791,508$5,627,714
65$10,163,344$2,788,406$1,762,848$6,020,348
66$11,108,536$2,833,568$1,730,434$6,449,426
67$12,147,256$2,878,063$1,694,053$6,918,637
68$13,288,953$2,921,765$1,653,481$7,432,048
69$14,544,038$2,964,543$1,608,485$7,994,144
70$15,923,980$3,006,255$1,558,818$8,609,871
71$17,441,413$3,046,750$1,504,226$9,284,682
72$19,110,261$3,085,863$1,444,441$10,024,590
73$20,945,860$3,123,423$1,379,182$10,836,226
74$22,965,110$3,159,244$1,308,158$11,726,901
75$25,186,631$3,193,127$1,231,061$12,704,677
76$27,630,939$3,224,861$1,147,572$13,778,442
77$30,320,636$3,254,221$1,057,358$14,957,996
78$33,280,631$3,280,967$960,069$16,254,147
79$36,538,364$3,304,843$855,340$17,678,807
80$40,124,074$3,325,577$742,791$19,245,114
81$44,071,078$3,342,880$622,023$20,967,549
82$48,416,089$3,356,442$492,622$22,862,081
83$53,199,559$3,365,936$354,153$24,946,314
84$58,466,060$3,371,013$206,164$27,239,657
85$64,264,710$3,371,304$48,182$29,763,507
86$70,649,628$3,366,416$0$32,541,453
87$77,680,450$3,355,930$0$35,625,199
88$85,422,889$3,339,404$0$39,030,360
89$93,949,357$3,316,368$0$42,778,366
90$103,339,644$3,286,323$0$46,904,177
91$113,681,675$3,248,740$0$51,446,328
92$125,072,338$3,203,060$0$56,447,291
93$137,618,394$3,148,688$0$61,953,877
94$151,437,492$3,084,995$0$68,017,681
95$166,659,271$3,011,315$0$74,695,566
96$183,426,590$2,926,942$0$82,050,209
97$201,896,868$2,831,129$0$90,150,685
98$222,243,580$2,723,086$0$99,073,128
99$244,657,883$2,601,975$0$108,901,449
100$269,350,427$2,466,911$0$119,728,131