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%16.9%
1 years$150,294$148,955$147,649$146,374$145,129$141,049
2 years$74,403$73,017$71,674$70,372$69,109$65,030
3 years$49,109$47,718$46,378$45,088$43,846$39,894
4 years$36,465$35,077$33,751$32,483$31,271$27,479
5 years$28,880$27,501$26,192$24,950$23,772$20,148
6 years$23,825$22,457$21,167$19,953$18,810$15,359
7 years$20,216$18,859$17,590$16,405$15,297$12,019
8 years$17,511$16,166$14,918$13,761$12,691$9,583
9 years$15,407$14,075$12,849$11,722$10,687$7,747
10 years$13,726$12,407$11,202$10,104$9,106$6,330
11 years$12,351$11,045$9,862$8,794$7,832$5,215
12 years$11,206$9,913$8,752$7,713$6,787$4,324
13 years$10,238$8,959$7,820$6,810$5,918$3,604
14 years$9,409$8,143$7,026$6,045$5,188$3,017
15 years$8,691$7,439$6,343$5,391$4,568$2,535
16 years$8,063$6,825$5,751$4,827$4,037$2,135
17 years$7,510$6,286$5,233$4,337$3,579$1,803
18 years$7,019$5,808$4,777$3,908$3,183$1,526
19 years$6,580$5,383$4,373$3,532$2,837$1,293
20 years$6,186$5,002$4,014$3,199$2,534$1,098
21 years$5,829$4,659$3,692$2,903$2,268$933
22 years$5,505$4,349$3,403$2,639$2,033$794
23 years$5,210$4,068$3,142$2,404$1,825$676
24 years$4,940$3,811$2,906$2,192$1,640$576
25 years$4,692$3,577$2,691$2,002$1,476$491
26 years$4,464$3,362$2,496$1,831$1,329$418
27 years$4,252$3,164$2,318$1,676$1,198$357
28 years$4,056$2,981$2,155$1,535$1,081$305
29 years$3,874$2,812$2,005$1,408$976$260
30 years$3,705$2,656$1,868$1,292$882$222
31 years$3,546$2,511$1,741$1,187$798$190
32 years$3,398$2,376$1,624$1,091$722$162
33 years$3,259$2,250$1,517$1,003$653$139
34 years$3,129$2,132$1,417$923$591$118
35 years$3,006$2,022$1,325$849$535$101
36 years$2,891$1,920$1,239$782$485$87
37 years$2,781$1,823$1,160$721$440$74
38 years$2,678$1,733$1,086$664$399$63
39 years$2,581$1,648$1,018$613$362$54
40 years$2,488$1,568$954$565$328$46
41 years$2,400$1,492$895$521$297$40
42 years$2,317$1,421$839$481$270$34
43 years$2,238$1,354$787$444$245$29
44 years$2,162$1,291$739$410$222$25
45 years$2,091$1,231$694$379$202$21
46 years$2,022$1,174$652$350$183$18
47 years$1,957$1,120$612$323$166$15
48 years$1,894$1,070$575$299$151$13
49 years$1,834$1,021$541$276$137$11
50 years$1,777$976$509$255$125$10

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 $2,930 every year, while hoping to spend $25,971 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: 40/43/17 Blend
44$1,820,000$1,820,000$1,820,000$1,820,000
45$2,008,662$1,912,202$1,883,992$2,078,759
46$2,185,913$1,978,267$1,919,473$2,194,996
47$2,380,373$2,046,699$1,955,272$2,317,930
48$2,593,769$2,117,586$1,991,372$2,450,374
49$2,828,007$2,191,020$2,027,756$2,593,204
50$3,085,180$2,267,098$2,064,403$2,747,386
51$3,367,601$2,345,917$2,101,293$2,913,978
52$3,677,812$2,427,583$2,138,401$3,094,144
53$4,018,615$2,512,201$2,175,705$3,289,164
54$4,393,100$2,599,885$2,213,176$3,500,445
55$4,804,666$2,690,749$2,250,788$3,729,533
56$5,257,061$2,784,915$2,288,508$3,978,129
57$5,754,413$2,882,508$2,326,306$4,248,105
58$6,301,272$2,983,659$2,364,145$4,541,517
59$6,902,646$3,088,503$2,401,989$4,860,629
60$7,564,059$3,197,182$2,439,798$5,207,933
61$8,291,591$3,309,843$2,477,530$5,586,167
62$9,091,946$3,426,638$2,515,140$5,998,348
63$9,972,508$3,547,726$2,552,580$6,447,793
64$10,941,412$3,673,273$2,589,800$6,938,155
65$12,007,623$3,803,450$2,626,745$7,473,454
66$13,181,018$3,938,437$2,663,359$8,058,114
67$14,472,481$4,078,420$2,699,581$8,697,007
68$15,894,004$4,223,593$2,735,346$9,395,494
69$17,458,801$4,374,156$2,770,588$10,159,479
70$19,181,430$4,530,321$2,805,234$10,995,462
71$21,077,935$4,692,306$2,839,209$11,910,601
72$23,165,993$4,860,338$2,872,431$12,912,776
73$25,465,084$5,034,654$2,904,817$14,010,666
74$27,996,671$5,215,501$2,936,277$15,213,827
75$30,784,405$5,403,135$2,966,717$16,532,784
76$33,854,349$5,597,823$2,996,036$17,979,130
77$37,235,220$5,799,844$3,024,131$19,565,628
78$40,958,664$6,009,487$3,050,890$21,306,341
79$45,059,550$6,227,054$3,076,197$23,216,755
80$49,576,304$6,452,860$3,099,930$25,313,928
81$54,551,269$6,687,232$3,121,960$27,616,650
82$60,031,103$6,930,511$3,142,150$30,145,618
83$66,067,221$7,183,052$3,160,358$32,923,631
84$72,716,282$7,445,225$3,176,434$35,975,805
85$80,040,718$7,717,416$3,190,219$39,329,807
86$88,109,329$8,000,027$3,201,549$43,016,116
87$96,997,928$8,293,477$3,210,249$47,068,309
88$106,790,060$8,598,201$3,216,136$51,523,376
89$117,577,788$8,914,654$3,219,018$56,422,072
90$129,462,560$9,243,310$3,218,693$61,809,293
91$142,556,173$9,584,664$3,214,951$67,734,504
92$156,981,819$9,939,229$3,207,569$74,252,203
93$172,875,257$10,307,543$3,196,314$81,422,433
94$190,386,085$10,690,165$3,180,943$89,311,348
95$209,679,161$11,087,678$3,161,200$97,991,834
96$230,936,152$11,500,691$3,136,817$107,544,198
97$254,357,253$11,929,838$3,107,513$118,056,923
98$280,163,072$12,375,779$3,072,994$129,627,500
99$308,596,718$12,839,206$3,032,952$142,363,349
100$339,926,092$13,320,836$2,987,065$156,382,829