Can I retire at age 45 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$148,642$147,318$146,027$144,766$143,535$141,624
2 years$73,585$72,215$70,887$69,599$68,350$66,428
3 years$48,570$47,193$45,868$44,593$43,364$41,490
4 years$36,064$34,692$33,380$32,127$30,928$29,117
5 years$28,563$27,199$25,905$24,676$23,511$21,768
6 years$23,564$22,210$20,935$19,734$18,603$16,931
7 years$19,994$18,652$17,397$16,224$15,129$13,528
8 years$17,318$15,988$14,754$13,610$12,551$11,021
9 years$15,238$13,921$12,708$11,593$10,570$9,109
10 years$13,575$12,270$11,079$9,993$9,006$7,614
11 years$12,215$10,924$9,754$8,697$7,746$6,421
12 years$11,083$9,804$8,656$7,628$6,712$5,454
13 years$10,125$8,860$7,734$6,735$5,853$4,660
14 years$9,305$8,054$6,949$5,978$5,131$4,000
15 years$8,595$7,357$6,274$5,332$4,518$3,448
16 years$7,975$6,750$5,688$4,774$3,993$2,981
17 years$7,428$6,217$5,176$4,289$3,540$2,586
18 years$6,942$5,744$4,725$3,866$3,148$2,248
19 years$6,508$5,324$4,325$3,493$2,806$1,958
20 years$6,118$4,947$3,970$3,163$2,506$1,709
21 years$5,765$4,608$3,651$2,871$2,243$1,494
22 years$5,445$4,302$3,365$2,610$2,010$1,308
23 years$5,153$4,023$3,107$2,377$1,804$1,146
24 years$4,886$3,769$2,874$2,168$1,622$1,005
25 years$4,641$3,537$2,662$1,980$1,459$882
26 years$4,415$3,325$2,468$1,811$1,315$775
27 years$4,206$3,129$2,292$1,657$1,185$681
28 years$4,012$2,948$2,131$1,518$1,069$599
29 years$3,832$2,781$1,983$1,392$966$528
30 years$3,664$2,627$1,847$1,278$873$464
31 years$3,507$2,483$1,722$1,174$789$409
32 years$3,361$2,350$1,607$1,079$714$361
33 years$3,224$2,225$1,500$992$646$318
34 years$3,095$2,109$1,402$913$585$280
35 years$2,973$2,000$1,310$840$530$247
36 years$2,859$1,898$1,226$774$480$218
37 years$2,751$1,803$1,147$713$435$192
38 years$2,649$1,714$1,074$657$394$170
39 years$2,552$1,629$1,007$606$358$150
40 years$2,461$1,550$944$559$324$132
41 years$2,374$1,476$885$516$294$117
42 years$2,292$1,405$830$476$267$103
43 years$2,213$1,339$779$439$242$91
44 years$2,139$1,276$731$406$220$80
45 years$2,068$1,217$686$375$200$71
46 years$2,000$1,161$645$346$181$63
47 years$1,935$1,108$606$320$165$55
48 years$1,873$1,058$569$295$149$49
49 years$1,814$1,010$535$273$136$43
50 years$1,757$965$503$252$123$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,800,000, adding $2,548 every year, while hoping to spend $32,950 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: 52/22/26 Blend
44$1,800,000$1,800,000$1,800,000$1,800,000
45$1,986,228$1,890,828$1,862,928$2,074,950
46$2,153,765$1,948,420$1,890,278$2,194,329
47$2,337,286$2,007,730$1,917,439$2,320,560
48$2,538,387$2,068,807$1,944,371$2,457,214
49$2,758,826$2,131,701$1,971,031$2,605,298
50$3,000,537$2,196,466$1,997,371$2,765,920
51$3,265,652$2,263,153$2,023,344$2,940,302
52$3,556,520$2,331,819$2,048,897$3,129,787
53$3,875,726$2,402,519$2,073,976$3,335,857
54$4,226,119$2,475,311$2,098,523$3,560,141
55$4,610,837$2,550,255$2,122,477$3,804,434
56$5,033,336$2,627,411$2,145,774$4,070,715
57$5,497,424$2,706,842$2,168,345$4,361,161
58$6,007,295$2,788,611$2,190,119$4,678,172
59$6,567,571$2,872,785$2,211,020$5,024,391
60$7,183,343$2,959,431$2,230,968$5,402,729
61$7,860,218$3,048,618$2,249,880$5,816,394
62$8,604,377$3,140,416$2,267,667$6,268,919
63$9,422,625$3,234,899$2,284,236$6,764,196
64$10,322,464$3,332,140$2,299,489$7,306,516
65$11,312,157$3,432,216$2,313,323$7,900,602
66$12,400,807$3,535,205$2,325,630$8,551,661
67$13,598,446$3,641,187$2,336,296$9,265,430
68$14,916,126$3,750,243$2,345,200$10,048,228
69$16,366,025$3,862,459$2,352,218$10,907,019
70$17,961,560$3,977,920$2,357,218$11,849,477
71$19,717,514$4,096,713$2,360,060$12,884,057
72$21,650,178$4,218,930$2,360,599$14,020,075
73$23,777,500$4,344,662$2,358,684$15,267,796
74$26,119,258$4,474,003$2,354,152$16,638,534
75$28,697,244$4,607,050$2,346,837$18,144,753
76$31,535,469$4,743,902$2,336,563$19,800,188
77$34,660,393$4,884,659$2,323,144$21,619,976
78$38,101,171$5,029,425$2,306,387$23,620,795
79$41,889,928$5,178,305$2,286,089$25,821,025
80$46,062,066$5,331,408$2,262,039$28,240,920
81$50,656,593$5,488,842$2,234,012$30,902,799
82$55,716,490$5,650,721$2,201,777$33,831,257
83$61,289,125$5,817,158$2,165,089$37,053,396
84$67,426,689$5,988,273$2,123,693$40,599,084
85$74,186,696$6,164,183$2,077,322$44,501,235
86$81,632,523$6,345,011$2,025,695$48,796,119
87$89,834,005$6,530,881$1,968,521$53,523,705
88$98,868,099$6,721,921$1,905,492$58,728,040
89$108,819,609$6,918,258$1,836,290$64,457,663
90$119,781,982$7,120,026$1,760,578$70,766,064
91$131,858,194$7,327,357$1,678,008$77,712,191
92$145,161,721$7,540,389$1,588,212$85,361,002
93$159,817,609$7,759,260$1,490,810$93,784,084
94$175,963,653$7,984,112$1,385,400$103,060,324
95$193,751,700$8,215,088$1,271,565$113,276,657
96$213,349,080$8,452,333$1,148,869$124,528,888
97$234,940,186$8,695,998$1,016,856$136,922,592
98$258,728,214$8,946,231$875,050$150,574,117
99$284,937,081$9,203,185$722,953$165,611,679
100$313,813,538$9,467,016$560,047$182,176,570