Can I retire at age 45 with 1,870,000?

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$154,423$153,047$151,705$150,395$149,116$147,009
2 years$76,447$75,023$73,643$72,306$71,008$68,889
3 years$50,458$49,028$47,652$46,327$45,050$42,986
4 years$37,467$36,041$34,679$33,376$32,130$30,136
5 years$29,674$28,257$26,912$25,636$24,425$22,506
6 years$24,480$23,074$21,749$20,501$19,327$17,486
7 years$20,772$19,377$18,073$16,855$15,718$13,956
8 years$17,992$16,610$15,328$14,139$13,039$11,356
9 years$15,831$14,462$13,202$12,044$10,981$9,376
10 years$14,103$12,747$11,510$10,382$9,356$7,828
11 years$12,690$11,348$10,133$9,035$8,047$6,593
12 years$11,514$10,186$8,993$7,925$6,973$5,593
13 years$10,519$9,205$8,034$6,997$6,081$4,772
14 years$9,667$8,367$7,219$6,211$5,330$4,091
15 years$8,930$7,643$6,518$5,539$4,693$3,521
16 years$8,285$7,013$5,909$4,960$4,148$3,041
17 years$7,716$6,458$5,377$4,456$3,678$2,633
18 years$7,212$5,968$4,909$4,016$3,270$2,286
19 years$6,761$5,531$4,494$3,629$2,915$1,989
20 years$6,356$5,140$4,124$3,286$2,604$1,733
21 years$5,989$4,787$3,793$2,983$2,330$1,513
22 years$5,657$4,469$3,496$2,712$2,088$1,322
23 years$5,354$4,180$3,228$2,470$1,875$1,156
24 years$5,076$3,916$2,985$2,253$1,685$1,013
25 years$4,821$3,675$2,765$2,057$1,516$888
26 years$4,586$3,454$2,564$1,881$1,366$779
27 years$4,369$3,251$2,381$1,722$1,231$683
28 years$4,168$3,063$2,214$1,577$1,111$600
29 years$3,981$2,890$2,060$1,447$1,003$527
30 years$3,807$2,729$1,919$1,328$907$464
31 years$3,644$2,580$1,789$1,219$820$408
32 years$3,492$2,441$1,669$1,121$741$359
33 years$3,349$2,312$1,558$1,030$671$316
34 years$3,215$2,191$1,456$948$607$278
35 years$3,089$2,078$1,361$873$550$245
36 years$2,970$1,972$1,274$804$499$215
37 years$2,858$1,873$1,192$741$452$190
38 years$2,752$1,780$1,116$683$410$167
39 years$2,652$1,693$1,046$629$371$147
40 years$2,557$1,611$980$581$337$130
41 years$2,466$1,533$919$536$306$114
42 years$2,381$1,460$862$494$277$101
43 years$2,299$1,391$809$456$252$89
44 years$2,222$1,326$759$421$228$78
45 years$2,148$1,265$713$389$207$69
46 years$2,078$1,206$670$359$188$61
47 years$2,010$1,151$629$332$171$54
48 years$1,946$1,099$591$307$155$47
49 years$1,885$1,049$556$284$141$42
50 years$1,826$1,002$523$262$128$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,870,000, adding $2,545 every year, while hoping to spend $22,667 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: 70/21/9 Blend
44$1,870,000$1,870,000$1,870,000$1,870,000
45$2,063,365$1,964,255$1,935,270$2,204,172
46$2,249,711$2,036,386$1,975,984$2,369,862
47$2,454,304$2,111,292$2,017,302$2,548,093
48$2,678,982$2,189,084$2,059,221$2,742,512
49$2,925,769$2,269,880$2,101,736$2,954,706
50$3,196,895$2,353,801$2,144,841$3,186,419
51$3,494,815$2,440,975$2,188,530$3,439,575
52$3,822,236$2,531,532$2,232,796$3,716,289
53$4,182,139$2,625,612$2,277,630$4,018,890
54$4,577,808$2,723,358$2,323,021$4,349,944
55$5,012,862$2,824,920$2,368,959$4,712,273
56$5,491,287$2,930,454$2,415,433$5,108,986
57$6,017,475$3,040,123$2,462,427$5,543,505
58$6,596,266$3,154,098$2,509,926$6,019,601
59$7,232,991$3,272,555$2,557,915$6,541,422
60$7,933,526$3,395,679$2,606,374$7,113,542
61$8,704,342$3,523,664$2,655,284$7,740,992
62$9,552,572$3,656,710$2,704,623$8,429,316
63$10,486,073$3,795,028$2,754,367$9,184,622
64$11,513,504$3,938,836$2,804,490$10,013,633
65$12,644,406$4,088,363$2,854,965$10,923,757
66$13,889,290$4,243,848$2,905,761$11,923,153
67$15,259,739$4,405,539$2,956,846$13,020,808
68$16,768,518$4,573,695$3,008,185$14,226,622
69$18,429,688$4,748,588$3,059,741$15,551,499
70$20,258,748$4,930,500$3,111,474$17,007,452
71$22,272,773$5,119,727$3,163,341$18,607,716
72$24,490,578$5,316,576$3,215,295$20,366,867
73$26,932,899$5,521,370$3,267,289$22,300,967
74$29,622,580$5,734,443$3,319,269$24,427,709
75$32,584,799$5,956,146$3,371,180$26,766,585
76$35,847,297$6,186,846$3,422,963$29,339,072
77$39,440,643$6,426,923$3,474,554$32,168,827
78$43,398,523$6,676,777$3,525,887$35,281,920
79$47,758,058$6,936,824$3,576,889$38,707,068
80$52,560,151$7,207,500$3,627,486$42,475,916
81$57,849,877$7,489,258$3,677,598$46,623,324
82$63,676,906$7,782,573$3,727,139$51,187,707
83$70,095,971$8,087,940$3,776,019$56,211,387
84$77,167,388$8,405,877$3,824,143$61,740,995
85$84,957,620$8,736,923$3,871,410$67,827,912
86$93,539,910$9,081,645$3,917,715$74,528,752
87$102,994,966$9,440,631$3,962,944$81,905,893
88$113,411,729$9,814,498$4,006,979$90,028,068
89$124,888,207$10,203,890$4,049,694$98,971,012
90$137,532,402$10,609,479$4,090,957$108,818,174
91$151,463,332$11,031,969$4,130,629$119,661,505
92$166,812,150$11,472,093$4,168,563$131,602,326
93$183,723,383$11,930,619$4,204,603$144,752,281
94$202,356,298$12,408,349$4,238,588$159,234,388
95$222,886,404$12,906,122$4,270,344$175,184,205
96$245,507,108$13,424,813$4,299,692$192,751,103
97$270,431,542$13,965,338$4,326,441$212,099,675
98$297,894,574$14,528,655$4,350,391$233,411,292
99$328,155,025$15,115,762$4,371,333$256,885,808
100$361,498,110$15,727,707$4,389,045$282,743,449