Can I retire at age 45 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$152,771$151,410$150,083$148,787$147,522$146,347
2 years$75,629$74,221$72,856$71,532$70,248$69,064
3 years$49,919$48,504$47,142$45,831$44,568$43,411
4 years$37,066$35,656$34,308$33,019$31,787$30,666
5 years$29,356$27,954$26,624$25,362$24,164$23,082
6 years$24,218$22,827$21,516$20,282$19,120$18,079
7 years$20,550$19,170$17,880$16,675$15,550$14,550
8 years$17,799$16,432$15,164$13,988$12,900$11,942
9 years$15,661$14,307$13,061$11,915$10,864$9,947
10 years$13,952$12,611$11,386$10,271$9,256$8,380
11 years$12,554$11,227$10,024$8,939$7,961$7,124
12 years$11,391$10,077$8,896$7,840$6,899$6,101
13 years$10,407$9,106$7,948$6,922$6,016$5,256
14 years$9,564$8,277$7,142$6,144$5,273$4,551
15 years$8,834$7,562$6,448$5,480$4,643$3,957
16 years$8,196$6,938$5,846$4,907$4,104$3,453
17 years$7,634$6,389$5,320$4,408$3,638$3,022
18 years$7,135$5,904$4,856$3,973$3,235$2,652
19 years$6,689$5,472$4,446$3,590$2,884$2,332
20 years$6,288$5,085$4,080$3,251$2,576$2,055
21 years$5,925$4,736$3,753$2,951$2,305$1,814
22 years$5,596$4,421$3,459$2,683$2,066$1,603
23 years$5,296$4,135$3,194$2,443$1,855$1,419
24 years$5,022$3,874$2,953$2,229$1,667$1,257
25 years$4,770$3,636$2,736$2,035$1,500$1,115
26 years$4,537$3,417$2,537$1,861$1,351$989
27 years$4,322$3,216$2,356$1,703$1,218$879
28 years$4,123$3,030$2,190$1,561$1,099$781
29 years$3,938$2,859$2,038$1,431$993$695
30 years$3,766$2,700$1,898$1,313$897$618
31 years$3,605$2,552$1,770$1,206$811$550
32 years$3,454$2,415$1,651$1,109$733$490
33 years$3,313$2,287$1,542$1,019$664$437
34 years$3,180$2,167$1,441$938$601$389
35 years$3,056$2,056$1,347$863$544$347
36 years$2,938$1,951$1,260$795$493$310
37 years$2,827$1,853$1,179$733$447$276
38 years$2,722$1,761$1,104$675$405$246
39 years$2,623$1,675$1,035$623$367$220
40 years$2,529$1,593$970$574$333$196
41 years$2,440$1,517$909$530$302$175
42 years$2,355$1,444$853$489$274$156
43 years$2,275$1,376$800$451$249$140
44 years$2,198$1,312$751$417$226$125
45 years$2,125$1,251$705$385$205$111
46 years$2,055$1,193$663$356$186$99
47 years$1,989$1,139$622$329$169$89
48 years$1,925$1,087$585$304$154$79
49 years$1,864$1,038$550$281$140$71
50 years$1,806$992$517$259$127$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,850,000, adding $5,880 every year, while hoping to spend $57,951 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: 55/20/25 Blend
44$1,850,000$1,850,000$1,850,000$1,850,000
45$2,044,765$1,946,715$1,918,040$2,142,876
46$2,191,672$1,980,445$1,920,635$2,244,694
47$2,351,621$2,013,885$1,921,375$2,348,990
48$2,525,881$2,046,960$1,920,136$2,461,377
49$2,715,849$2,079,590$1,916,789$2,582,651
50$2,923,062$2,111,686$1,911,198$2,713,690
51$3,149,212$2,143,157$1,903,221$2,855,464
52$3,396,162$2,173,901$1,892,708$3,009,043
53$3,665,961$2,203,812$1,879,504$3,175,606
54$3,960,866$2,232,776$1,863,445$3,356,454
55$4,283,362$2,260,670$1,844,358$3,553,024
56$4,636,185$2,287,363$1,822,064$3,766,901
57$5,022,347$2,312,716$1,796,375$3,999,833
58$5,445,167$2,336,578$1,767,093$4,253,747
59$5,908,295$2,358,792$1,734,012$4,530,772
60$6,415,756$2,379,188$1,696,917$4,833,254
61$6,971,980$2,397,585$1,655,580$5,163,784
62$7,581,846$2,413,791$1,609,766$5,525,216
63$8,250,728$2,427,600$1,559,227$5,920,701
64$8,984,545$2,438,795$1,503,704$6,353,715
65$9,789,818$2,447,145$1,442,927$6,828,091
66$10,673,726$2,452,402$1,376,612$7,348,057
67$11,644,182$2,454,306$1,304,464$7,918,277
68$12,709,899$2,452,577$1,226,174$8,543,894
69$13,880,477$2,446,922$1,141,419$9,230,581
70$15,166,489$2,437,025$1,049,861$9,984,595
71$16,579,587$2,422,555$951,146$10,812,836
72$18,132,603$2,403,158$844,908$11,722,914
73$19,839,676$2,378,461$730,760$12,723,220
74$21,716,384$2,348,066$608,302$13,823,009
75$23,779,887$2,311,553$477,112$15,032,485
76$26,049,094$2,268,477$336,753$16,362,903
77$28,544,834$2,218,365$186,767$17,826,671
78$31,290,060$2,160,718$26,677$19,437,472
79$34,310,060$2,095,007$0$21,210,394
80$37,632,694$2,020,670$0$23,200,528
81$41,288,662$1,937,116$0$25,397,854
82$45,311,787$1,843,717$0$27,815,617
83$49,739,339$1,739,809$0$30,476,264
84$54,612,383$1,624,691$0$33,404,538
85$59,976,166$1,497,620$0$36,627,705
86$65,880,544$1,357,812$0$40,175,818
87$72,380,453$1,204,439$0$44,081,999
88$79,536,426$1,036,623$0$48,382,751
89$87,415,162$853,439$0$53,118,306
90$96,090,160$653,908$0$58,333,003
91$105,642,404$436,998$0$64,075,711
92$116,161,136$201,617$0$70,400,288
93$127,744,689$0$0$77,366,091
94$140,501,421$0$0$85,050,288
95$154,550,733$0$0$93,562,186
96$170,024,198$0$0$102,937,155
97$187,066,798$0$0$113,263,068
98$205,838,297$0$0$124,636,753
99$226,514,746$0$0$137,164,911
100$249,290,143$0$0$150,965,120