Can I retire at age 45 with 1,840,000?

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 $1,840,000?

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$151,945$150,592$149,272$147,983$146,724$140,903
2 years$75,221$73,820$72,462$71,146$69,869$64,076
3 years$49,649$48,242$46,888$45,584$44,328$38,746
4 years$36,866$35,463$34,122$32,840$31,615$26,286
5 years$29,198$27,803$26,480$25,225$24,033$18,972
6 years$24,087$22,704$21,400$20,172$19,017$14,225
7 years$20,438$19,066$17,783$16,585$15,466$10,943
8 years$17,703$16,343$15,082$13,913$12,830$8,572
9 years$15,577$14,230$12,990$11,850$10,805$6,804
10 years$13,877$12,543$11,325$10,215$9,206$5,455
11 years$12,487$11,166$9,970$8,890$7,918$4,407
12 years$11,329$10,022$8,848$7,798$6,861$3,582
13 years$10,350$9,057$7,905$6,884$5,983$2,926
14 years$9,512$8,233$7,103$6,111$5,245$2,399
15 years$8,786$7,521$6,413$5,450$4,618$1,972
16 years$8,152$6,900$5,814$4,880$4,081$1,626
17 years$7,593$6,355$5,291$4,385$3,619$1,343
18 years$7,096$5,872$4,830$3,951$3,218$1,112
19 years$6,652$5,442$4,422$3,570$2,868$921
20 years$6,254$5,057$4,058$3,234$2,562$764
21 years$5,893$4,711$3,732$2,935$2,292$634
22 years$5,566$4,397$3,440$2,668$2,055$527
23 years$5,268$4,113$3,176$2,430$1,845$438
24 years$4,995$3,853$2,938$2,216$1,658$365
25 years$4,744$3,616$2,721$2,024$1,492$303
26 years$4,513$3,398$2,523$1,851$1,344$253
27 years$4,299$3,198$2,343$1,694$1,212$210
28 years$4,101$3,014$2,178$1,552$1,093$175
29 years$3,917$2,843$2,027$1,423$987$146
30 years$3,745$2,685$1,888$1,306$892$122
31 years$3,585$2,538$1,760$1,200$806$101
32 years$3,436$2,402$1,642$1,103$729$85
33 years$3,295$2,274$1,533$1,014$660$70
34 years$3,163$2,156$1,433$933$598$59
35 years$3,039$2,045$1,340$859$541$49
36 years$2,922$1,941$1,253$791$491$41
37 years$2,812$1,843$1,173$729$445$34
38 years$2,708$1,752$1,098$672$403$28
39 years$2,609$1,666$1,029$619$365$24
40 years$2,516$1,585$965$571$332$20
41 years$2,427$1,509$904$527$301$16
42 years$2,343$1,437$848$486$273$14
43 years$2,262$1,369$796$449$248$11
44 years$2,186$1,305$747$415$225$10
45 years$2,114$1,244$702$383$204$8
46 years$2,044$1,187$659$354$185$7
47 years$1,978$1,133$619$327$168$6
48 years$1,915$1,081$582$302$153$5
49 years$1,854$1,033$547$279$139$4
50 years$1,796$986$514$258$126$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,840,000, adding $6,226 every year, while hoping to spend $31,387 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: 30/47/23 Blend
44$1,840,000$1,840,000$1,840,000$1,840,000
45$2,034,102$1,936,582$1,908,062$2,080,429
46$2,208,185$1,998,079$1,938,587$2,177,999
47$2,398,972$2,061,538$1,969,082$2,279,674
48$2,608,135$2,127,020$1,999,514$2,388,408
49$2,837,513$2,194,592$2,029,845$2,504,834
50$3,089,133$2,264,321$2,060,039$2,629,646
51$3,365,227$2,336,275$2,090,053$2,763,606
52$3,668,255$2,410,527$2,119,844$2,907,552
53$4,000,924$2,487,150$2,149,366$3,062,405
54$4,366,218$2,566,221$2,178,570$3,229,178
55$4,767,424$2,647,818$2,207,404$3,408,983
56$5,208,163$2,732,022$2,235,813$3,603,045
57$5,692,422$2,818,918$2,263,740$3,812,709
58$6,224,597$2,908,592$2,291,122$4,039,458
59$6,809,526$3,001,134$2,317,896$4,284,919
60$7,452,545$3,096,636$2,343,992$4,550,886
61$8,159,527$3,195,194$2,369,338$4,839,331
62$8,936,946$3,296,906$2,393,858$5,152,424
63$9,791,934$3,401,874$2,417,472$5,492,555
64$10,732,349$3,510,203$2,440,095$5,862,353
65$11,766,848$3,622,002$2,461,637$6,264,712
66$12,904,969$3,737,383$2,482,005$6,702,818
67$14,157,222$3,856,461$2,501,099$7,180,181
68$15,535,188$3,979,357$2,518,814$7,700,663
69$17,051,625$4,106,193$2,535,042$8,268,516
70$18,720,591$4,237,098$2,549,667$8,888,424
71$20,557,578$4,372,202$2,562,567$9,565,545
72$22,579,653$4,511,642$2,573,616$10,305,557
73$24,805,624$4,655,559$2,582,678$11,114,717
74$27,256,214$4,804,097$2,589,614$11,999,913
75$29,954,256$4,957,406$2,594,275$12,968,734
76$32,924,913$5,115,642$2,596,506$14,029,538
77$36,195,910$5,278,965$2,596,144$15,191,530
78$39,797,797$5,447,538$2,593,020$16,464,851
79$43,764,239$5,621,534$2,586,952$17,860,674
80$48,132,331$5,801,128$2,577,754$19,391,303
81$52,942,948$5,986,503$2,565,228$21,070,296
82$58,241,133$6,177,846$2,549,168$22,912,588
83$64,076,520$6,375,352$2,529,357$24,934,631
84$70,503,803$6,579,222$2,505,568$27,154,553
85$77,583,250$6,789,663$2,477,564$29,592,325
86$85,381,275$7,006,890$2,445,095$32,269,950
87$93,971,060$7,231,123$2,407,902$35,211,669
88$103,433,253$7,462,592$2,365,710$38,444,192
89$113,856,719$7,701,533$2,318,236$41,996,947
90$125,339,386$7,948,191$2,265,179$45,902,360
91$137,989,168$8,202,817$2,206,227$50,196,155
92$151,924,981$8,465,672$2,141,053$54,917,699
93$167,277,865$8,737,026$2,069,315$60,110,364
94$184,192,224$9,017,158$1,990,654$65,821,944
95$202,827,187$9,306,354$1,904,696$72,105,098
96$223,358,107$9,604,913$1,811,051$79,017,854
97$245,978,222$9,913,141$1,709,309$86,624,149
98$270,900,472$10,231,357$1,599,043$94,994,438
99$298,359,515$10,559,888$1,479,805$104,206,353
100$328,613,937$10,899,073$1,351,130$114,345,441