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%13.1%
1 years$153,597$152,229$150,894$149,591$148,319$146,405
2 years$76,038$74,622$73,250$71,919$70,628$68,702
3 years$50,189$48,766$47,397$46,079$44,809$42,932
4 years$37,266$35,848$34,493$33,197$31,958$30,144
5 years$29,515$28,106$26,768$25,499$24,294$22,548
6 years$24,349$22,950$21,633$20,392$19,223$17,547
7 years$20,661$19,274$17,977$16,765$15,634$14,028
8 years$17,896$16,521$15,246$14,064$12,970$11,434
9 years$15,746$14,385$13,131$11,979$10,922$9,457
10 years$14,027$12,679$11,448$10,326$9,306$7,910
11 years$12,622$11,288$10,079$8,987$8,004$6,675
12 years$11,452$10,131$8,945$7,883$6,936$5,673
13 years$10,463$9,156$7,991$6,959$6,048$4,850
14 years$9,615$8,322$7,180$6,178$5,302$4,166
15 years$8,882$7,602$6,483$5,509$4,668$3,593
16 years$8,241$6,975$5,878$4,933$4,126$3,109
17 years$7,675$6,424$5,348$4,432$3,658$2,699
18 years$7,173$5,936$4,882$3,994$3,253$2,348
19 years$6,725$5,501$4,470$3,609$2,899$2,047
20 years$6,322$5,112$4,102$3,269$2,590$1,788
21 years$5,957$4,762$3,773$2,967$2,317$1,564
22 years$5,626$4,445$3,477$2,697$2,077$1,370
23 years$5,325$4,157$3,211$2,457$1,865$1,201
24 years$5,049$3,895$2,969$2,241$1,676$1,054
25 years$4,795$3,655$2,750$2,046$1,508$926
26 years$4,562$3,435$2,551$1,871$1,358$814
27 years$4,346$3,233$2,369$1,713$1,225$717
28 years$4,146$3,047$2,202$1,569$1,105$631
29 years$3,959$2,874$2,049$1,439$998$556
30 years$3,786$2,714$1,909$1,321$902$490
31 years$3,624$2,566$1,779$1,213$815$432
32 years$3,473$2,428$1,660$1,115$737$381
33 years$3,331$2,299$1,550$1,025$667$336
34 years$3,198$2,179$1,448$943$604$296
35 years$3,072$2,067$1,354$868$547$262
36 years$2,954$1,962$1,267$800$496$231
37 years$2,843$1,863$1,186$737$449$204
38 years$2,737$1,771$1,110$679$407$180
39 years$2,637$1,684$1,040$626$369$159
40 years$2,543$1,602$975$577$335$140
41 years$2,453$1,525$914$533$304$124
42 years$2,368$1,452$858$492$276$110
43 years$2,287$1,384$805$454$250$97
44 years$2,210$1,319$755$419$227$86
45 years$2,136$1,258$709$387$206$76
46 years$2,066$1,200$666$358$187$67
47 years$2,000$1,145$626$330$170$59
48 years$1,936$1,093$588$305$154$52
49 years$1,874$1,044$553$282$140$46
50 years$1,816$997$520$261$127$41

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 $6,078 every year, while hoping to spend $47,977 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: 48/32/20 Blend
44$1,860,000$1,860,000$1,860,000$1,860,000
45$2,055,989$1,957,409$1,928,579$2,142,790
46$2,214,653$2,002,275$1,942,140$2,248,669
47$2,387,893$2,047,732$1,954,546$2,358,243
48$2,577,144$2,093,757$1,965,710$2,476,225
49$2,783,988$2,140,326$1,975,536$2,603,423
50$3,010,165$2,187,413$1,983,927$2,740,728
51$3,257,592$2,234,986$1,990,779$2,889,123
52$3,528,379$2,283,013$1,995,983$3,049,689
53$3,824,850$2,331,456$1,999,424$3,223,621
54$4,149,562$2,380,275$2,000,982$3,412,233
55$4,505,334$2,429,426$2,000,532$3,616,976
56$4,895,270$2,478,859$1,997,941$3,839,446
57$5,322,786$2,528,522$1,993,071$4,081,405
58$5,791,647$2,578,356$1,985,776$4,344,795
59$6,305,999$2,628,299$1,975,903$4,631,758
60$6,870,408$2,678,283$1,963,293$4,944,651
61$7,489,904$2,728,234$1,947,778$5,286,078
62$8,170,029$2,778,072$1,929,183$5,658,906
63$8,916,886$2,827,711$1,907,325$6,066,296
64$9,737,197$2,877,058$1,882,009$6,511,734
65$10,638,370$2,926,013$1,853,035$6,999,064
66$11,628,564$2,974,468$1,820,192$7,532,520
67$12,716,768$3,022,307$1,783,259$8,116,774
68$13,912,885$3,069,407$1,742,005$8,756,975
69$15,227,824$3,115,632$1,696,187$9,458,799
70$16,673,606$3,160,842$1,645,552$10,228,503
71$18,263,472$3,204,882$1,589,837$11,072,987
72$20,012,013$3,247,588$1,528,763$11,999,857
73$21,935,304$3,288,785$1,462,042$13,017,495
74$24,051,055$3,328,286$1,389,371$14,135,147
75$26,378,782$3,365,891$1,310,434$15,363,001
76$28,939,983$3,401,385$1,224,899$16,712,291
77$31,758,350$3,434,542$1,132,422$18,195,401
78$34,859,985$3,465,118$1,032,642$19,825,980
79$38,273,649$3,492,854$925,180$21,619,079
80$42,031,031$3,517,474$809,644$23,591,287
81$46,167,051$3,538,685$685,622$25,760,890
82$50,720,184$3,556,174$552,684$28,148,047
83$55,732,826$3,569,609$410,381$30,774,980
84$61,251,691$3,578,637$258,246$33,666,185
85$67,328,254$3,582,881$95,789$36,848,662
86$74,019,238$3,581,944$0$40,352,175
87$81,387,142$3,575,401$0$44,226,090
88$89,500,838$3,562,803$0$48,512,905
89$98,436,215$3,543,672$0$53,232,140
90$108,276,898$3,517,502$0$58,427,857
91$119,115,038$3,483,755$0$64,148,619
92$131,052,175$3,441,862$0$70,447,946
93$144,200,203$3,391,220$0$77,384,821
94$158,682,423$3,331,189$0$85,024,249
95$174,634,704$3,261,091$0$93,437,873
96$192,206,767$3,180,208$0$102,704,646
97$211,563,600$3,087,781$0$112,911,584
98$232,887,010$2,983,004$0$124,154,585
99$256,377,341$2,865,028$0$136,539,336
100$282,255,365$2,732,949$0$150,182,313