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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.1%
1 years$152,771$151,410$150,083$148,787$147,522$145,018
2 years$75,629$74,221$72,856$71,532$70,248$67,734
3 years$49,919$48,504$47,142$45,831$44,568$42,121
4 years$37,066$35,656$34,308$33,019$31,787$29,425
5 years$29,356$27,954$26,624$25,362$24,164$21,895
6 years$24,218$22,827$21,516$20,282$19,120$16,947
7 years$20,550$19,170$17,880$16,675$15,550$13,473
8 years$17,799$16,432$15,164$13,988$12,900$10,919
9 years$15,661$14,307$13,061$11,915$10,864$8,977
10 years$13,952$12,611$11,386$10,271$9,256$7,463
11 years$12,554$11,227$10,024$8,939$7,961$6,258
12 years$11,391$10,077$8,896$7,840$6,899$5,285
13 years$10,407$9,106$7,948$6,922$6,016$4,489
14 years$9,564$8,277$7,142$6,144$5,273$3,830
15 years$8,834$7,562$6,448$5,480$4,643$3,281
16 years$8,196$6,938$5,846$4,907$4,104$2,819
17 years$7,634$6,389$5,320$4,408$3,638$2,430
18 years$7,135$5,904$4,856$3,973$3,235$2,099
19 years$6,689$5,472$4,446$3,590$2,884$1,816
20 years$6,288$5,085$4,080$3,251$2,576$1,575
21 years$5,925$4,736$3,753$2,951$2,305$1,367
22 years$5,596$4,421$3,459$2,683$2,066$1,188
23 years$5,296$4,135$3,194$2,443$1,855$1,034
24 years$5,022$3,874$2,953$2,229$1,667$901
25 years$4,770$3,636$2,736$2,035$1,500$785
26 years$4,537$3,417$2,537$1,861$1,351$685
27 years$4,322$3,216$2,356$1,703$1,218$598
28 years$4,123$3,030$2,190$1,561$1,099$522
29 years$3,938$2,859$2,038$1,431$993$456
30 years$3,766$2,700$1,898$1,313$897$399
31 years$3,605$2,552$1,770$1,206$811$348
32 years$3,454$2,415$1,651$1,109$733$305
33 years$3,313$2,287$1,542$1,019$664$267
34 years$3,180$2,167$1,441$938$601$233
35 years$3,056$2,056$1,347$863$544$204
36 years$2,938$1,951$1,260$795$493$179
37 years$2,827$1,853$1,179$733$447$156
38 years$2,722$1,761$1,104$675$405$137
39 years$2,623$1,675$1,035$623$367$120
40 years$2,529$1,593$970$574$333$105
41 years$2,440$1,517$909$530$302$92
42 years$2,355$1,444$853$489$274$81
43 years$2,275$1,376$800$451$249$71
44 years$2,198$1,312$751$417$226$62
45 years$2,125$1,251$705$385$205$54
46 years$2,055$1,193$663$356$186$47
47 years$1,989$1,139$622$329$169$42
48 years$1,925$1,087$585$304$154$36
49 years$1,864$1,038$550$281$140$32
50 years$1,806$992$517$259$127$28

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 $2,517 every year, while hoping to spend $35,672 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: 69/25/6 Blend
44$1,850,000$1,850,000$1,850,000$1,850,000
45$2,041,296$1,943,246$1,914,571$2,180,280
46$2,211,554$2,000,511$1,940,755$2,329,814
47$2,397,982$2,059,385$1,966,620$2,488,715
48$2,602,193$2,119,912$1,992,118$2,661,551
49$2,825,961$2,182,132$2,017,198$2,849,680
50$3,071,241$2,246,088$2,041,807$3,054,596
51$3,340,186$2,311,825$2,065,886$3,277,944
52$3,635,168$2,379,388$2,089,376$3,521,535
53$3,958,797$2,448,820$2,112,212$3,787,363
54$4,313,952$2,520,169$2,134,328$4,077,624
55$4,703,800$2,593,482$2,155,653$4,394,735
56$5,131,831$2,668,807$2,176,112$4,741,358
57$5,601,892$2,746,193$2,195,626$5,120,425
58$6,118,218$2,825,689$2,214,111$5,535,165
59$6,685,474$2,907,345$2,231,482$5,989,134
60$7,308,800$2,991,213$2,247,645$6,486,247
61$7,993,861$3,077,346$2,262,504$7,030,819
62$8,746,893$3,165,795$2,275,957$7,627,601
63$9,574,772$3,256,614$2,287,897$8,281,827
64$10,485,068$3,349,858$2,298,211$8,999,263
65$11,486,125$3,445,581$2,306,781$9,786,258
66$12,587,135$3,543,839$2,313,483$10,649,810
67$13,798,225$3,644,690$2,318,187$11,597,627
68$15,130,553$3,748,188$2,320,755$12,638,198
69$16,596,413$3,854,393$2,321,044$13,780,879
70$18,209,350$3,963,362$2,318,902$15,035,975
71$19,984,291$4,075,153$2,314,172$16,414,841
72$21,937,679$4,189,826$2,306,688$17,929,987
73$24,087,636$4,307,441$2,296,275$19,595,197
74$26,454,125$4,428,056$2,282,751$21,425,655
75$29,059,148$4,551,733$2,265,925$23,438,093
76$31,926,944$4,678,531$2,245,596$25,650,949
77$35,084,223$4,808,510$2,221,555$28,084,534
78$38,560,418$4,941,731$2,193,581$30,761,231
79$42,387,960$5,078,255$2,161,445$33,705,700
80$46,602,584$5,218,141$2,124,906$36,945,117
81$51,243,667$5,361,450$2,083,710$40,509,423
82$56,354,601$5,508,241$2,037,594$44,431,611
83$61,983,199$5,658,574$1,986,282$48,748,036
84$68,182,148$5,812,506$1,929,485$53,498,758
85$75,009,504$5,970,096$1,866,899$58,727,919
86$82,529,242$6,131,400$1,798,210$64,484,159
87$90,811,861$6,296,474$1,723,085$70,821,079
88$99,935,042$6,465,373$1,641,180$77,797,739
89$109,984,390$6,638,149$1,552,133$85,479,223
90$121,054,234$6,814,855$1,455,566$93,937,248
91$133,248,523$6,995,540$1,351,084$103,250,843
92$146,681,802$7,180,251$1,238,275$113,507,094
93$161,480,296$7,369,033$1,116,708$124,801,964
94$177,783,100$7,561,930$985,932$137,241,203
95$195,743,493$7,758,981$845,477$150,941,342
96$215,530,381$7,960,223$694,852$166,030,794
97$237,329,895$8,165,689$533,545$182,651,066
98$261,347,144$8,375,408$361,019$200,958,095
99$287,808,156$8,589,406$176,716$221,123,718
100$316,962,004$8,807,703$0$243,337,299