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%12.4%
1 years$153,597$152,229$150,894$149,591$148,319$146,831
2 years$76,038$74,622$73,250$71,919$70,628$69,130
3 years$50,189$48,766$47,397$46,079$44,809$43,347
4 years$37,266$35,848$34,493$33,197$31,958$30,543
5 years$29,515$28,106$26,768$25,499$24,294$22,930
6 years$24,349$22,950$21,633$20,392$19,223$17,912
7 years$20,661$19,274$17,977$16,765$15,634$14,375
8 years$17,896$16,521$15,246$14,064$12,970$11,765
9 years$15,746$14,385$13,131$11,979$10,922$9,770
10 years$14,027$12,679$11,448$10,326$9,306$8,207
11 years$12,622$11,288$10,079$8,987$8,004$6,955
12 years$11,452$10,131$8,945$7,883$6,936$5,938
13 years$10,463$9,156$7,991$6,959$6,048$5,099
14 years$9,615$8,322$7,180$6,178$5,302$4,401
15 years$8,882$7,602$6,483$5,509$4,668$3,814
16 years$8,241$6,975$5,878$4,933$4,126$3,316
17 years$7,675$6,424$5,348$4,432$3,658$2,892
18 years$7,173$5,936$4,882$3,994$3,253$2,529
19 years$6,725$5,501$4,470$3,609$2,899$2,216
20 years$6,322$5,112$4,102$3,269$2,590$1,945
21 years$5,957$4,762$3,773$2,967$2,317$1,711
22 years$5,626$4,445$3,477$2,697$2,077$1,506
23 years$5,325$4,157$3,211$2,457$1,865$1,328
24 years$5,049$3,895$2,969$2,241$1,676$1,172
25 years$4,795$3,655$2,750$2,046$1,508$1,035
26 years$4,562$3,435$2,551$1,871$1,358$915
27 years$4,346$3,233$2,369$1,713$1,225$810
28 years$4,146$3,047$2,202$1,569$1,105$717
29 years$3,959$2,874$2,049$1,439$998$635
30 years$3,786$2,714$1,909$1,321$902$563
31 years$3,624$2,566$1,779$1,213$815$499
32 years$3,473$2,428$1,660$1,115$737$443
33 years$3,331$2,299$1,550$1,025$667$393
34 years$3,198$2,179$1,448$943$604$349
35 years$3,072$2,067$1,354$868$547$310
36 years$2,954$1,962$1,267$800$496$275
37 years$2,843$1,863$1,186$737$449$244
38 years$2,737$1,771$1,110$679$407$217
39 years$2,637$1,684$1,040$626$369$193
40 years$2,543$1,602$975$577$335$171
41 years$2,453$1,525$914$533$304$152
42 years$2,368$1,452$858$492$276$135
43 years$2,287$1,384$805$454$250$120
44 years$2,210$1,319$755$419$227$107
45 years$2,136$1,258$709$387$206$95
46 years$2,066$1,200$666$358$187$85
47 years$2,000$1,145$626$330$170$75
48 years$1,936$1,093$588$305$154$67
49 years$1,874$1,044$553$282$140$59
50 years$1,816$997$520$261$127$53

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 $6,790 every year, while hoping to spend $28,173 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: 64/29/7 Blend
44$1,860,000$1,860,000$1,860,000$1,860,000
45$2,056,724$1,958,144$1,929,314$2,185,256
46$2,236,534$2,024,117$1,963,970$2,337,676
47$2,433,740$2,092,379$1,998,843$2,500,127
48$2,650,088$2,163,011$2,033,910$2,676,817
49$2,887,498$2,236,100$2,069,147$2,869,123
50$3,148,088$2,311,734$2,104,529$3,078,565
51$3,434,189$2,390,005$2,140,026$3,306,813
52$3,748,369$2,471,008$2,175,611$3,555,705
53$4,093,459$2,554,844$2,211,250$3,827,264
54$4,472,574$2,641,614$2,246,909$4,123,719
55$4,889,150$2,731,426$2,282,554$4,447,521
56$5,346,967$2,824,390$2,318,143$4,801,368
57$5,850,195$2,920,622$2,353,638$5,188,232
58$6,403,423$3,020,241$2,388,994$5,611,385
59$7,011,711$3,123,372$2,424,164$6,074,428
60$7,680,632$3,230,143$2,459,099$6,581,328
61$8,416,324$3,340,688$2,493,747$7,136,452
62$9,225,553$3,455,146$2,528,051$7,744,609
63$10,115,773$3,573,661$2,561,955$8,411,097
64$11,095,196$3,696,384$2,595,394$9,141,748
65$12,172,869$3,823,471$2,628,303$9,942,986
66$13,358,763$3,955,082$2,660,613$10,821,888
67$14,663,863$4,091,387$2,692,249$11,786,246
68$16,100,271$4,232,559$2,723,134$12,844,645
69$17,681,326$4,378,781$2,753,185$14,006,540
70$19,421,720$4,530,241$2,782,316$15,282,346
71$21,337,647$4,687,134$2,810,436$16,683,537
72$23,446,949$4,849,665$2,837,447$18,222,750
73$25,769,284$5,018,046$2,863,248$19,913,910
74$28,326,317$5,192,495$2,887,732$21,772,352
75$31,141,916$5,373,242$2,910,786$23,814,975
76$34,242,385$5,560,525$2,932,291$26,060,393
77$37,656,708$5,754,591$2,952,122$28,529,114
78$41,416,822$5,955,696$2,970,149$31,243,732
79$45,557,921$6,164,107$2,986,231$34,229,139
80$50,118,784$6,380,104$3,000,225$37,512,760
81$55,142,145$6,603,973$3,011,977$41,124,811
82$60,675,092$6,836,017$3,021,327$45,098,584
83$66,769,517$7,076,547$3,028,107$49,470,757
84$73,482,597$7,325,888$3,032,138$54,281,746
85$80,877,344$7,584,378$3,033,237$59,576,079
86$89,023,190$7,852,369$3,031,207$65,402,819
87$97,996,648$8,130,227$3,025,845$71,816,026
88$107,882,030$8,418,333$3,016,935$78,875,264
89$118,772,248$8,717,082$3,004,253$86,646,166
90$130,769,685$9,026,887$2,987,563$95,201,050
91$143,987,164$9,348,176$2,966,618$104,619,600
92$158,549,014$9,681,396$2,941,159$114,989,621
93$174,592,241$10,027,011$2,910,915$126,407,861
94$192,267,820$10,385,505$2,875,601$138,980,928
95$211,742,124$10,757,381$2,834,920$152,826,293
96$233,198,491$11,143,163$2,788,560$168,073,397
97$256,838,955$11,543,397$2,736,195$184,864,875
98$282,886,155$11,958,649$2,677,484$203,357,897
99$311,585,432$12,389,513$2,612,069$223,725,651
100$343,207,150$12,836,603$2,539,577$246,158,981