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%11.3%
1 years$152,771$151,410$150,083$148,787$147,522$146,715
2 years$75,629$74,221$72,856$71,532$70,248$69,434
3 years$49,919$48,504$47,142$45,831$44,568$43,772
4 years$37,066$35,656$34,308$33,019$31,787$31,015
5 years$29,356$27,954$26,624$25,362$24,164$23,418
6 years$24,218$22,827$21,516$20,282$19,120$18,401
7 years$20,550$19,170$17,880$16,675$15,550$14,859
8 years$17,799$16,432$15,164$13,988$12,900$12,237
9 years$15,661$14,307$13,061$11,915$10,864$10,228
10 years$13,952$12,611$11,386$10,271$9,256$8,648
11 years$12,554$11,227$10,024$8,939$7,961$7,379
12 years$11,391$10,077$8,896$7,840$6,899$6,343
13 years$10,407$9,106$7,948$6,922$6,016$5,486
14 years$9,564$8,277$7,142$6,144$5,273$4,769
15 years$8,834$7,562$6,448$5,480$4,643$4,163
16 years$8,196$6,938$5,846$4,907$4,104$3,647
17 years$7,634$6,389$5,320$4,408$3,638$3,206
18 years$7,135$5,904$4,856$3,973$3,235$2,825
19 years$6,689$5,472$4,446$3,590$2,884$2,495
20 years$6,288$5,085$4,080$3,251$2,576$2,208
21 years$5,925$4,736$3,753$2,951$2,305$1,957
22 years$5,596$4,421$3,459$2,683$2,066$1,738
23 years$5,296$4,135$3,194$2,443$1,855$1,545
24 years$5,022$3,874$2,953$2,229$1,667$1,375
25 years$4,770$3,636$2,736$2,035$1,500$1,225
26 years$4,537$3,417$2,537$1,861$1,351$1,092
27 years$4,322$3,216$2,356$1,703$1,218$975
28 years$4,123$3,030$2,190$1,561$1,099$871
29 years$3,938$2,859$2,038$1,431$993$778
30 years$3,766$2,700$1,898$1,313$897$696
31 years$3,605$2,552$1,770$1,206$811$623
32 years$3,454$2,415$1,651$1,109$733$557
33 years$3,313$2,287$1,542$1,019$664$499
34 years$3,180$2,167$1,441$938$601$447
35 years$3,056$2,056$1,347$863$544$400
36 years$2,938$1,951$1,260$795$493$359
37 years$2,827$1,853$1,179$733$447$322
38 years$2,722$1,761$1,104$675$405$289
39 years$2,623$1,675$1,035$623$367$259
40 years$2,529$1,593$970$574$333$232
41 years$2,440$1,517$909$530$302$208
42 years$2,355$1,444$853$489$274$187
43 years$2,275$1,376$800$451$249$168
44 years$2,198$1,312$751$417$226$151
45 years$2,125$1,251$705$385$205$135
46 years$2,055$1,193$663$356$186$121
47 years$1,989$1,139$622$329$169$109
48 years$1,925$1,087$585$304$154$98
49 years$1,864$1,038$550$281$140$88
50 years$1,806$992$517$259$127$79

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 $2,936 every year, while hoping to spend $50,963 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: 61/13/26 Blend
44$1,850,000$1,850,000$1,850,000$1,850,000
45$2,041,728$1,943,678$1,915,003$2,151,897
46$2,195,761$1,984,694$1,924,932$2,268,127
47$2,363,796$2,026,012$1,933,485$2,389,148
48$2,547,209$2,067,593$1,940,562$2,520,151
49$2,747,513$2,109,393$1,946,060$2,662,117
50$2,966,373$2,151,367$1,949,867$2,816,131
51$3,205,623$2,193,464$1,951,867$2,983,387
52$3,467,282$2,235,630$1,951,940$3,165,204
53$3,753,573$2,277,804$1,949,959$3,363,032
54$4,066,944$2,319,922$1,945,788$3,578,473
55$4,410,089$2,361,915$1,939,289$3,813,292
56$4,785,977$2,403,708$1,930,314$4,069,433
57$5,197,876$2,445,220$1,918,709$4,349,043
58$5,649,387$2,486,363$1,904,314$4,654,486
59$6,144,473$2,527,044$1,886,957$4,988,368
60$6,687,502$2,567,162$1,866,463$5,353,564
61$7,283,284$2,606,608$1,842,646$5,753,244
62$7,937,115$2,645,269$1,815,310$6,190,899
63$8,654,831$2,683,017$1,784,254$6,670,382
64$9,442,861$2,719,722$1,749,263$7,195,938
65$10,308,284$2,755,240$1,710,115$7,772,248
66$11,258,902$2,789,420$1,666,577$8,404,472
67$12,303,307$2,822,098$1,618,404$9,098,299
68$13,450,965$2,853,101$1,565,341$9,860,000
69$14,712,304$2,882,244$1,507,121$10,696,489
70$16,098,815$2,909,330$1,443,465$11,615,387
71$17,623,154$2,934,147$1,374,081$12,625,097
72$19,299,267$2,956,471$1,298,664$13,734,879
73$21,142,517$2,976,064$1,216,895$14,954,944
74$23,169,833$2,992,670$1,128,440$16,296,548
75$25,399,865$3,006,020$1,032,952$17,772,096
76$27,853,162$3,015,825$930,066$19,395,266
77$30,552,363$3,021,780$819,402$21,181,134
78$33,522,416$3,023,559$700,564$23,146,318
79$36,790,807$3,020,818$573,137$25,309,137
80$40,387,820$3,013,188$436,688$27,689,783
81$44,346,825$3,000,282$290,765$30,310,513
82$48,704,592$2,981,686$134,895$33,195,862
83$53,501,633$2,956,962$0$36,372,873
84$58,782,593$2,925,646$0$39,880,077
85$64,596,659$2,887,245$0$43,782,109
86$70,998,035$2,841,236$0$48,077,872
87$78,046,445$2,787,068$0$52,807,437
88$85,807,702$2,724,153$0$58,014,964
89$94,354,323$2,651,872$0$63,749,113
90$103,766,218$2,569,568$0$70,063,513
91$114,131,440$2,476,545$0$77,017,257
92$125,547,019$2,372,068$0$84,675,470
93$138,119,873$2,255,357$0$93,109,917
94$151,967,821$2,125,590$0$102,399,683
95$167,220,690$1,981,896$0$112,631,923
96$184,021,545$1,823,353$0$123,902,679
97$202,528,034$1,648,989$0$136,317,791
98$222,913,878$1,457,774$0$149,993,897
99$245,370,510$1,248,621$0$165,059,532
100$270,108,880$1,020,381$0$181,656,342