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

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$153,597$152,229$150,894$149,591$148,319$145,324
2 years$76,038$74,622$73,250$71,919$70,628$67,624
3 years$50,189$48,766$47,397$46,079$44,809$41,890
4 years$37,266$35,848$34,493$33,197$31,958$29,146
5 years$29,515$28,106$26,768$25,499$24,294$21,597
6 years$24,349$22,950$21,633$20,392$19,223$16,643
7 years$20,661$19,274$17,977$16,765$15,634$13,172
8 years$17,896$16,521$15,246$14,064$12,970$10,626
9 years$15,746$14,385$13,131$11,979$10,922$8,695
10 years$14,027$12,679$11,448$10,326$9,306$7,193
11 years$12,622$11,288$10,079$8,987$8,004$6,001
12 years$11,452$10,131$8,945$7,883$6,936$5,042
13 years$10,463$9,156$7,991$6,959$6,048$4,259
14 years$9,615$8,322$7,180$6,178$5,302$3,615
15 years$8,882$7,602$6,483$5,509$4,668$3,079
16 years$8,241$6,975$5,878$4,933$4,126$2,632
17 years$7,675$6,424$5,348$4,432$3,658$2,255
18 years$7,173$5,936$4,882$3,994$3,253$1,936
19 years$6,725$5,501$4,470$3,609$2,899$1,666
20 years$6,322$5,112$4,102$3,269$2,590$1,435
21 years$5,957$4,762$3,773$2,967$2,317$1,239
22 years$5,626$4,445$3,477$2,697$2,077$1,070
23 years$5,325$4,157$3,211$2,457$1,865$925
24 years$5,049$3,895$2,969$2,241$1,676$801
25 years$4,795$3,655$2,750$2,046$1,508$694
26 years$4,562$3,435$2,551$1,871$1,358$601
27 years$4,346$3,233$2,369$1,713$1,225$521
28 years$4,146$3,047$2,202$1,569$1,105$452
29 years$3,959$2,874$2,049$1,439$998$393
30 years$3,786$2,714$1,909$1,321$902$341
31 years$3,624$2,566$1,779$1,213$815$296
32 years$3,473$2,428$1,660$1,115$737$257
33 years$3,331$2,299$1,550$1,025$667$224
34 years$3,198$2,179$1,448$943$604$194
35 years$3,072$2,067$1,354$868$547$169
36 years$2,954$1,962$1,267$800$496$147
37 years$2,843$1,863$1,186$737$449$128
38 years$2,737$1,771$1,110$679$407$111
39 years$2,637$1,684$1,040$626$369$97
40 years$2,543$1,602$975$577$335$84
41 years$2,453$1,525$914$533$304$73
42 years$2,368$1,452$858$492$276$64
43 years$2,287$1,384$805$454$250$55
44 years$2,210$1,319$755$419$227$48
45 years$2,136$1,258$709$387$206$42
46 years$2,066$1,200$666$358$187$36
47 years$2,000$1,145$626$330$170$32
48 years$1,936$1,093$588$305$154$28
49 years$1,874$1,044$553$282$140$24
50 years$1,816$997$520$261$127$21

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 $4,742 every year, while hoping to spend $30,277 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: 61/33/6 Blend
44$1,860,000$1,860,000$1,860,000$1,860,000
45$2,054,611$1,956,031$1,927,201$2,177,383
46$2,231,967$2,019,662$1,959,548$2,323,621
47$2,426,399$2,085,397$1,991,964$2,479,169
48$2,639,615$2,153,305$2,024,419$2,648,102
49$2,873,500$2,223,461$2,056,881$2,831,710
50$3,130,128$2,295,942$2,089,317$3,031,412
51$3,411,783$2,370,825$2,121,691$3,248,768
52$3,720,982$2,448,192$2,153,965$3,485,496
53$4,060,496$2,528,128$2,186,097$3,743,487
54$4,433,381$2,610,720$2,218,045$4,024,821
55$4,842,999$2,696,058$2,249,763$4,331,787
56$5,293,057$2,784,237$2,281,202$4,666,907
57$5,787,637$2,875,353$2,312,310$5,032,955
58$6,331,236$2,969,506$2,343,033$5,432,987
59$6,928,811$3,066,800$2,373,313$5,870,365
60$7,585,819$3,167,343$2,403,089$6,348,792
61$8,308,276$3,271,246$2,432,295$6,872,347
62$9,102,807$3,378,624$2,460,865$7,445,520
63$9,976,715$3,489,598$2,488,724$8,073,255
64$10,938,041$3,604,289$2,515,798$8,760,998
65$11,995,649$3,722,828$2,542,005$9,514,745
66$13,159,304$3,845,345$2,567,261$10,341,102
67$14,439,765$3,971,979$2,591,476$11,247,344
68$15,848,886$4,102,871$2,614,556$12,241,482
69$17,399,731$4,238,170$2,636,402$13,332,343
70$19,106,690$4,378,027$2,656,908$14,529,648
71$20,985,623$4,522,601$2,675,966$15,844,105
72$23,054,005$4,672,056$2,693,458$17,287,511
73$25,331,088$4,826,562$2,709,264$18,872,860
74$27,838,089$4,986,293$2,723,254$20,614,467
75$30,598,386$5,151,434$2,735,295$22,528,101
76$33,637,739$5,322,172$2,745,245$24,631,137
77$36,984,533$5,498,703$2,752,956$26,942,714
78$40,670,046$5,681,230$2,758,270$29,483,918
79$44,728,744$5,869,963$2,761,025$32,277,980
80$49,198,605$6,065,120$2,761,049$35,350,496
81$54,121,479$6,266,928$2,758,160$38,729,665
82$59,543,481$6,475,619$2,752,170$42,446,556
83$65,515,429$6,691,436$2,742,880$46,535,401
84$72,093,318$6,914,632$2,730,082$51,033,917
85$79,338,854$7,145,467$2,713,558$55,983,660
86$87,320,034$7,384,212$2,693,079$61,430,419
87$96,111,785$7,631,146$2,668,405$67,424,643
88$105,796,676$7,886,561$2,639,285$74,021,923
89$116,465,693$8,150,758$2,605,457$81,283,509
90$128,219,099$8,424,051$2,566,645$89,276,892
91$141,167,380$8,706,762$2,522,561$98,076,438
92$155,432,289$8,999,230$2,472,903$107,764,088
93$171,147,992$9,301,802$2,417,355$118,430,135
94$188,462,338$9,614,841$2,355,587$130,174,069
95$207,538,250$9,938,722$2,287,253$143,105,521
96$228,555,268$10,273,835$2,211,991$157,345,292
97$251,711,236$10,620,584$2,129,424$173,026,497
98$277,224,179$10,979,389$2,039,156$190,295,813
99$305,334,351$11,350,685$1,940,774$209,314,873
100$336,306,509$11,734,923$1,833,845$230,261,781