Can I retire at age 45 with 1,820,000?

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$150,294$148,955$147,649$146,374$145,129$142,549
2 years$74,403$73,017$71,674$70,372$69,109$66,519
3 years$49,109$47,718$46,378$45,088$43,846$41,325
4 years$36,465$35,077$33,751$32,483$31,271$28,840
5 years$28,880$27,501$26,192$24,950$23,772$21,437
6 years$23,825$22,457$21,167$19,953$18,810$16,575
7 years$20,216$18,859$17,590$16,405$15,297$13,162
8 years$17,511$16,166$14,918$13,761$12,691$10,655
9 years$15,407$14,075$12,849$11,722$10,687$8,750
10 years$13,726$12,407$11,202$10,104$9,106$7,265
11 years$12,351$11,045$9,862$8,794$7,832$6,085
12 years$11,206$9,913$8,752$7,713$6,787$5,132
13 years$10,238$8,959$7,820$6,810$5,918$4,353
14 years$9,409$8,143$7,026$6,045$5,188$3,709
15 years$8,691$7,439$6,343$5,391$4,568$3,173
16 years$8,063$6,825$5,751$4,827$4,037$2,723
17 years$7,510$6,286$5,233$4,337$3,579$2,343
18 years$7,019$5,808$4,777$3,908$3,183$2,021
19 years$6,580$5,383$4,373$3,532$2,837$1,746
20 years$6,186$5,002$4,014$3,199$2,534$1,512
21 years$5,829$4,659$3,692$2,903$2,268$1,310
22 years$5,505$4,349$3,403$2,639$2,033$1,137
23 years$5,210$4,068$3,142$2,404$1,825$988
24 years$4,940$3,811$2,906$2,192$1,640$859
25 years$4,692$3,577$2,691$2,002$1,476$748
26 years$4,464$3,362$2,496$1,831$1,329$651
27 years$4,252$3,164$2,318$1,676$1,198$568
28 years$4,056$2,981$2,155$1,535$1,081$495
29 years$3,874$2,812$2,005$1,408$976$432
30 years$3,705$2,656$1,868$1,292$882$377
31 years$3,546$2,511$1,741$1,187$798$329
32 years$3,398$2,376$1,624$1,091$722$287
33 years$3,259$2,250$1,517$1,003$653$251
34 years$3,129$2,132$1,417$923$591$219
35 years$3,006$2,022$1,325$849$535$191
36 years$2,891$1,920$1,239$782$485$167
37 years$2,781$1,823$1,160$721$440$146
38 years$2,678$1,733$1,086$664$399$128
39 years$2,581$1,648$1,018$613$362$112
40 years$2,488$1,568$954$565$328$98
41 years$2,400$1,492$895$521$297$85
42 years$2,317$1,421$839$481$270$75
43 years$2,238$1,354$787$444$245$65
44 years$2,162$1,291$739$410$222$57
45 years$2,091$1,231$694$379$202$50
46 years$2,022$1,174$652$350$183$44
47 years$1,957$1,120$612$323$166$38
48 years$1,894$1,070$575$299$151$33
49 years$1,834$1,021$541$276$137$29
50 years$1,777$976$509$255$125$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,820,000, adding $3,811 every year, while hoping to spend $28,506 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: 30/40/30 Blend
44$1,820,000$1,820,000$1,820,000$1,820,000
45$2,009,571$1,913,111$1,884,901$2,051,282
46$2,184,217$1,976,523$1,917,715$2,147,866
47$2,375,722$2,042,087$1,950,673$2,248,965
48$2,585,774$2,109,879$1,983,749$2,357,168
49$2,816,236$2,179,975$2,016,917$2,473,116
50$3,069,156$2,252,458$2,050,148$2,597,511
51$3,346,792$2,327,410$2,083,410$2,731,126
52$3,651,631$2,404,920$2,116,671$2,874,809
53$3,986,413$2,485,077$2,149,895$3,029,492
54$4,354,156$2,567,974$2,183,046$3,196,201
55$4,758,184$2,653,710$2,216,082$3,376,064
56$5,202,160$2,742,383$2,248,962$3,570,320
57$5,690,119$2,834,098$2,281,641$3,780,334
58$6,226,506$2,928,963$2,314,070$4,007,605
59$6,816,218$3,027,091$2,346,200$4,253,783
60$7,464,651$3,128,597$2,377,976$4,520,685
61$8,177,749$3,233,602$2,409,342$4,810,310
62$8,962,062$3,342,231$2,440,238$5,124,855
63$9,824,805$3,454,613$2,470,599$5,466,742
64$10,773,930$3,570,884$2,500,359$5,838,634
65$11,818,196$3,691,182$2,529,445$6,243,464
66$12,967,254$3,815,653$2,557,784$6,684,461
67$14,231,740$3,944,446$2,585,296$7,165,179
68$15,623,371$4,077,717$2,611,897$7,689,531
69$17,155,059$4,215,629$2,637,499$8,261,826
70$18,841,028$4,358,348$2,662,009$8,886,809
71$20,696,956$4,506,050$2,685,329$9,569,706
72$22,740,113$4,658,914$2,707,355$10,316,270
73$24,989,533$4,817,129$2,727,980$11,132,839
74$27,466,186$4,980,889$2,747,088$12,026,391
75$30,193,181$5,150,396$2,764,559$13,004,615
76$33,195,981$5,325,861$2,780,267$14,075,978
77$36,502,644$5,507,502$2,794,079$15,249,805
78$40,144,087$5,695,543$2,805,855$16,536,371
79$44,154,381$5,890,222$2,815,448$17,946,990
80$48,571,066$6,091,781$2,822,704$19,494,130
81$53,435,510$6,300,473$2,827,460$21,191,523
82$58,793,299$6,516,563$2,829,546$23,054,297
83$64,694,664$6,740,324$2,828,785$25,099,117
84$71,194,959$6,972,038$2,824,988$27,344,347
85$78,355,179$7,212,003$2,817,959$29,810,212
86$86,242,539$7,460,522$2,807,493$32,519,000
87$94,931,106$7,717,916$2,793,372$35,495,264
88$104,502,500$7,984,515$2,775,371$38,766,056
89$115,046,661$8,260,663$2,753,252$42,361,181
90$126,662,701$8,546,716$2,726,767$46,313,478
91$139,459,838$8,843,046$2,695,655$50,659,131
92$153,558,425$9,150,039$2,659,643$55,438,005
93$169,091,089$9,468,096$2,618,446$60,694,027
94$186,203,981$9,797,633$2,571,764$66,475,596
95$205,058,154$10,139,084$2,519,285$72,836,042
96$225,831,085$10,492,899$2,460,681$79,834,127
97$248,718,351$10,859,546$2,395,609$87,534,598
98$273,935,472$11,239,513$2,323,711$96,008,801
99$301,719,947$11,633,305$2,244,612$105,335,347
100$332,333,494$12,041,450$2,157,919$115,600,862