Can I retire at age 45 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$153,597$152,229$150,894$149,591$148,319$144,792
2 years$76,038$74,622$73,250$71,919$70,628$67,096
3 years$50,189$48,766$47,397$46,079$44,809$41,381
4 years$37,266$35,848$34,493$33,197$31,958$28,662
5 years$29,515$28,106$26,768$25,499$24,294$21,138
6 years$24,349$22,950$21,633$20,392$19,223$16,210
7 years$20,661$19,274$17,977$16,765$15,634$12,764
8 years$17,896$16,521$15,246$14,064$12,970$10,243
9 years$15,746$14,385$13,131$11,979$10,922$8,336
10 years$14,027$12,679$11,448$10,326$9,306$6,858
11 years$12,622$11,288$10,079$8,987$8,004$5,689
12 years$11,452$10,131$8,945$7,883$6,936$4,752
13 years$10,463$9,156$7,991$6,959$6,048$3,990
14 years$9,615$8,322$7,180$6,178$5,302$3,366
15 years$8,882$7,602$6,483$5,509$4,668$2,849
16 years$8,241$6,975$5,878$4,933$4,126$2,420
17 years$7,675$6,424$5,348$4,432$3,658$2,060
18 years$7,173$5,936$4,882$3,994$3,253$1,757
19 years$6,725$5,501$4,470$3,609$2,899$1,502
20 years$6,322$5,112$4,102$3,269$2,590$1,285
21 years$5,957$4,762$3,773$2,967$2,317$1,101
22 years$5,626$4,445$3,477$2,697$2,077$945
23 years$5,325$4,157$3,211$2,457$1,865$811
24 years$5,049$3,895$2,969$2,241$1,676$697
25 years$4,795$3,655$2,750$2,046$1,508$600
26 years$4,562$3,435$2,551$1,871$1,358$516
27 years$4,346$3,233$2,369$1,713$1,225$444
28 years$4,146$3,047$2,202$1,569$1,105$383
29 years$3,959$2,874$2,049$1,439$998$330
30 years$3,786$2,714$1,909$1,321$902$284
31 years$3,624$2,566$1,779$1,213$815$245
32 years$3,473$2,428$1,660$1,115$737$211
33 years$3,331$2,299$1,550$1,025$667$182
34 years$3,198$2,179$1,448$943$604$157
35 years$3,072$2,067$1,354$868$547$136
36 years$2,954$1,962$1,267$800$496$117
37 years$2,843$1,863$1,186$737$449$101
38 years$2,737$1,771$1,110$679$407$87
39 years$2,637$1,684$1,040$626$369$75
40 years$2,543$1,602$975$577$335$65
41 years$2,453$1,525$914$533$304$56
42 years$2,368$1,452$858$492$276$48
43 years$2,287$1,384$805$454$250$42
44 years$2,210$1,319$755$419$227$36
45 years$2,136$1,258$709$387$206$31
46 years$2,066$1,200$666$358$187$27
47 years$2,000$1,145$626$330$170$23
48 years$1,936$1,093$588$305$154$20
49 years$1,874$1,044$553$282$140$17
50 years$1,816$997$520$261$127$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,860,000, adding $4,823 every year, while hoping to spend $54,534 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: 66/19/15 Blend
44$1,860,000$1,860,000$1,860,000$1,860,000
45$2,054,695$1,956,115$1,927,285$2,182,665
46$2,206,250$1,993,941$1,933,825$2,306,591
47$2,371,436$2,031,792$1,938,757$2,435,192
48$2,551,586$2,069,613$1,941,968$2,574,409
49$2,748,166$2,107,343$1,943,343$2,725,277
50$2,962,791$2,144,915$1,942,757$2,888,940
51$3,197,239$2,182,259$1,940,083$3,066,656
52$3,453,467$2,219,299$1,935,185$3,259,813
53$3,733,628$2,255,952$1,927,921$3,469,939
54$4,040,094$2,292,130$1,918,143$3,698,718
55$4,375,478$2,327,739$1,905,695$3,948,008
56$4,742,655$2,362,676$1,890,413$4,219,855
57$5,144,791$2,396,833$1,872,128$4,516,513
58$5,585,374$2,430,092$1,850,658$4,840,469
59$6,068,245$2,462,329$1,825,818$5,194,461
60$6,597,634$2,493,411$1,797,411$5,581,510
61$7,178,198$2,523,194$1,765,230$6,004,944
62$7,815,070$2,551,526$1,729,060$6,468,431
63$8,513,901$2,578,244$1,688,677$6,976,014
64$9,280,915$2,603,175$1,643,845$7,532,151
65$10,122,971$2,626,133$1,594,316$8,141,754
66$11,047,622$2,646,921$1,539,833$8,810,237
67$12,063,188$2,665,329$1,480,127$9,543,569
68$13,178,837$2,681,134$1,414,915$10,348,329
69$14,404,666$2,694,097$1,343,902$11,231,769
70$15,751,799$2,703,965$1,266,780$12,201,882
71$17,232,492$2,710,469$1,183,227$13,267,477
72$18,860,247$2,713,323$1,092,906$14,438,267
73$20,649,940$2,712,223$995,466$15,724,956
74$22,617,959$2,706,847$890,539$17,139,342
75$24,782,360$2,696,851$777,741$18,694,431
76$27,163,037$2,681,873$656,671$20,404,558
77$29,781,908$2,661,527$526,912$22,285,523
78$32,663,124$2,635,403$388,025$24,354,742
79$35,833,294$2,603,069$239,554$26,631,410
80$39,321,734$2,564,063$81,023$29,136,688
81$43,160,748$2,517,900$0$31,893,894
82$47,385,931$2,464,063$0$34,942,845
83$52,036,499$2,402,006$0$38,312,519
84$57,155,668$2,331,150$0$42,021,247
85$62,791,052$2,250,882$0$46,103,541
86$68,995,119$2,160,555$0$50,597,431
87$75,825,681$2,059,482$0$55,544,827
88$83,346,442$1,946,938$0$60,991,917
89$91,627,596$1,822,156$0$66,989,603
90$100,746,493$1,684,323$0$73,593,978
91$110,788,363$1,532,583$0$80,866,863
92$121,847,124$1,366,027$0$88,876,383
93$134,026,266$1,183,698$0$97,697,618
94$147,439,830$984,584$0$107,413,310
95$162,213,477$767,613$0$118,114,640
96$178,485,682$531,657$0$129,902,099
97$196,409,035$275,521$0$142,886,430
98$216,151,681$0$0$157,189,675
99$237,898,908$0$0$172,946,763
100$261,854,894$0$0$190,367,852