Can I retire at age 45 with 1,830,000?

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 $1,830,000?

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$151,120$149,774$148,460$147,178$145,927$141,824
2 years$74,812$73,418$72,068$70,759$69,489$65,387
3 years$49,379$47,980$46,633$45,336$44,087$40,114
4 years$36,665$35,270$33,937$32,662$31,443$27,629
5 years$29,039$27,652$26,336$25,088$23,902$20,259
6 years$23,956$22,580$21,284$20,063$18,913$15,443
7 years$20,327$18,963$17,687$16,495$15,381$12,085
8 years$17,607$16,255$15,000$13,837$12,760$9,635
9 years$15,492$14,153$12,919$11,786$10,746$7,790
10 years$13,801$12,475$11,263$10,160$9,156$6,365
11 years$12,419$11,106$9,916$8,842$7,875$5,243
12 years$11,267$9,968$8,800$7,756$6,824$4,348
13 years$10,294$9,008$7,862$6,847$5,951$3,624
14 years$9,460$8,188$7,064$6,078$5,216$3,034
15 years$8,739$7,480$6,378$5,421$4,593$2,549
16 years$8,108$6,863$5,783$4,853$4,059$2,147
17 years$7,551$6,320$5,262$4,361$3,599$1,813
18 years$7,058$5,840$4,804$3,930$3,200$1,534
19 years$6,616$5,413$4,398$3,551$2,852$1,300
20 years$6,220$5,030$4,036$3,216$2,548$1,104
21 years$5,861$4,685$3,712$2,919$2,280$938
22 years$5,536$4,373$3,421$2,654$2,044$798
23 years$5,239$4,090$3,159$2,417$1,835$679
24 years$4,967$3,832$2,922$2,204$1,649$579
25 years$4,718$3,596$2,706$2,013$1,484$493
26 years$4,488$3,380$2,510$1,841$1,337$421
27 years$4,276$3,181$2,330$1,685$1,205$359
28 years$4,079$2,997$2,166$1,544$1,087$306
29 years$3,896$2,828$2,016$1,416$982$262
30 years$3,725$2,670$1,878$1,299$887$223
31 years$3,566$2,524$1,751$1,193$802$191
32 years$3,417$2,389$1,633$1,097$726$163
33 years$3,277$2,262$1,525$1,008$657$139
34 years$3,146$2,144$1,425$928$594$119
35 years$3,023$2,034$1,332$854$538$102
36 years$2,906$1,930$1,246$787$488$87
37 years$2,797$1,833$1,167$725$442$74
38 years$2,693$1,742$1,092$668$401$64
39 years$2,595$1,657$1,023$616$364$54
40 years$2,502$1,576$959$568$330$47
41 years$2,414$1,500$899$524$299$40
42 years$2,330$1,429$844$484$271$34
43 years$2,250$1,361$792$447$246$29
44 years$2,174$1,298$743$412$224$25
45 years$2,102$1,237$698$381$203$21
46 years$2,033$1,181$655$352$184$18
47 years$1,967$1,127$616$325$167$16
48 years$1,904$1,075$579$300$152$13
49 years$1,844$1,027$544$278$138$11
50 years$1,787$981$511$257$125$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,830,000, adding $3,459 every year, while hoping to spend $53,479 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: 75/6/19 Blend
44$1,830,000$1,830,000$1,830,000$1,830,000
45$2,020,228$1,923,238$1,894,873$2,162,548
46$2,169,390$1,960,575$1,901,450$2,294,660
47$2,331,974$1,997,950$1,906,455$2,432,525
48$2,509,293$2,035,307$1,909,779$2,582,241
49$2,702,791$2,072,587$1,911,307$2,744,978
50$2,914,059$2,109,728$1,910,919$2,922,021
51$3,144,847$2,146,658$1,908,489$3,114,789
52$3,397,083$2,183,306$1,903,884$3,324,844
53$3,672,888$2,219,590$1,896,966$3,553,907
54$3,974,597$2,255,425$1,887,590$3,803,875
55$4,304,784$2,290,719$1,875,602$4,076,839
56$4,666,281$2,325,372$1,860,843$4,375,102
57$5,062,206$2,359,280$1,843,146$4,701,203
58$5,495,994$2,392,328$1,822,335$5,057,939
59$5,971,428$2,424,395$1,798,226$5,448,392
60$6,492,674$2,455,350$1,770,626$5,875,961
61$7,064,320$2,485,056$1,739,336$6,344,389
62$7,691,420$2,513,363$1,704,143$6,857,803
63$8,379,540$2,540,113$1,664,827$7,420,750
64$9,134,812$2,565,137$1,621,157$8,038,242
65$9,963,988$2,588,255$1,572,892$8,715,803
66$10,874,510$2,609,274$1,519,778$9,459,520
67$11,874,572$2,627,990$1,461,553$10,276,102
68$12,973,203$2,644,186$1,397,939$11,172,943
69$14,180,348$2,657,629$1,328,648$12,158,192
70$15,506,963$2,668,074$1,253,378$13,240,831
71$16,965,121$2,675,256$1,171,814$14,430,758
72$18,568,119$2,678,899$1,083,625$15,738,881
73$20,330,607$2,678,706$988,467$17,177,225
74$22,268,729$2,674,363$885,980$18,759,040
75$24,400,268$2,665,535$775,789$20,498,930
76$26,744,818$2,651,868$657,501$22,412,990
77$29,323,967$2,632,988$530,705$24,518,960
78$32,161,501$2,608,494$394,973$26,836,390
79$35,283,629$2,577,964$249,859$29,386,827
80$38,719,225$2,540,951$94,896$32,194,016
81$42,500,108$2,496,979$0$35,284,130
82$46,661,333$2,445,545$0$38,700,300
83$51,241,529$2,386,117$0$42,481,487
84$56,283,258$2,318,130$0$46,643,573
85$61,833,419$2,240,987$0$51,225,281
86$67,943,689$2,154,056$0$56,269,283
87$74,671,008$2,056,668$0$61,822,598
88$82,078,122$1,948,116$0$67,937,039
89$90,234,168$1,827,651$0$74,669,699
90$99,215,328$1,694,481$0$82,083,495
91$109,105,551$1,547,771$0$90,247,755
92$119,997,341$1,386,634$0$99,238,876
93$131,992,627$1,210,137$0$109,141,047
94$145,203,733$1,017,292$0$120,047,037
95$159,754,430$807,055$0$132,059,078
96$175,781,105$578,324$0$145,289,822
97$193,434,050$329,934$0$159,863,413
98$212,878,878$60,656$0$175,916,652
99$234,298,088$0$0$193,600,290
100$257,892,782$0$0$213,095,691