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

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$154,423$153,047$151,705$150,395$149,116$147,437
2 years$76,447$75,023$73,643$72,306$71,008$69,317
3 years$50,458$49,028$47,652$46,327$45,050$43,400
4 years$37,467$36,041$34,679$33,376$32,130$30,534
5 years$29,674$28,257$26,912$25,636$24,425$22,888
6 years$24,480$23,074$21,749$20,501$19,327$17,850
7 years$20,772$19,377$18,073$16,855$15,718$14,302
8 years$17,992$16,610$15,328$14,139$13,039$11,684
9 years$15,831$14,462$13,202$12,044$10,981$9,687
10 years$14,103$12,747$11,510$10,382$9,356$8,122
11 years$12,690$11,348$10,133$9,035$8,047$6,871
12 years$11,514$10,186$8,993$7,925$6,973$5,854
13 years$10,519$9,205$8,034$6,997$6,081$5,018
14 years$9,667$8,367$7,219$6,211$5,330$4,322
15 years$8,930$7,643$6,518$5,539$4,693$3,738
16 years$8,285$7,013$5,909$4,960$4,148$3,243
17 years$7,716$6,458$5,377$4,456$3,678$2,823
18 years$7,212$5,968$4,909$4,016$3,270$2,463
19 years$6,761$5,531$4,494$3,629$2,915$2,153
20 years$6,356$5,140$4,124$3,286$2,604$1,886
21 years$5,989$4,787$3,793$2,983$2,330$1,655
22 years$5,657$4,469$3,496$2,712$2,088$1,454
23 years$5,354$4,180$3,228$2,470$1,875$1,279
24 years$5,076$3,916$2,985$2,253$1,685$1,126
25 years$4,821$3,675$2,765$2,057$1,516$993
26 years$4,586$3,454$2,564$1,881$1,366$875
27 years$4,369$3,251$2,381$1,722$1,231$773
28 years$4,168$3,063$2,214$1,577$1,111$682
29 years$3,981$2,890$2,060$1,447$1,003$603
30 years$3,807$2,729$1,919$1,328$907$533
31 years$3,644$2,580$1,789$1,219$820$472
32 years$3,492$2,441$1,669$1,121$741$417
33 years$3,349$2,312$1,558$1,030$671$369
34 years$3,215$2,191$1,456$948$607$327
35 years$3,089$2,078$1,361$873$550$290
36 years$2,970$1,972$1,274$804$499$256
37 years$2,858$1,873$1,192$741$452$227
38 years$2,752$1,780$1,116$683$410$201
39 years$2,652$1,693$1,046$629$371$178
40 years$2,557$1,611$980$581$337$158
41 years$2,466$1,533$919$536$306$140
42 years$2,381$1,460$862$494$277$124
43 years$2,299$1,391$809$456$252$110
44 years$2,222$1,326$759$421$228$98
45 years$2,148$1,265$713$389$207$87
46 years$2,078$1,206$670$359$188$77
47 years$2,010$1,151$629$332$171$68
48 years$1,946$1,099$591$307$155$60
49 years$1,885$1,049$556$284$141$54
50 years$1,826$1,002$523$262$128$48

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 $3,304 every year, while hoping to spend $59,443 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: 58/31/11 Blend
44$1,870,000$1,870,000$1,870,000$1,870,000
45$2,064,148$1,965,038$1,936,053$2,178,166
46$2,211,444$1,998,078$1,937,664$2,288,441
47$2,371,772$2,030,745$1,937,337$2,401,657
48$2,546,399$2,062,957$1,934,943$2,523,635
49$2,736,718$2,094,628$1,930,350$2,655,221
50$2,944,262$2,125,664$1,923,416$2,797,350
51$3,170,721$2,155,966$1,913,994$2,951,053
52$3,417,952$2,185,426$1,901,931$3,117,463
53$3,688,002$2,213,929$1,887,063$3,297,834
54$3,983,120$2,241,355$1,869,223$3,493,545
55$4,305,788$2,267,570$1,848,231$3,706,119
56$4,658,733$2,292,437$1,823,902$3,937,234
57$5,044,963$2,315,805$1,796,041$4,188,740
58$5,467,786$2,337,516$1,764,445$4,462,678
59$5,930,846$2,357,400$1,728,900$4,761,299
60$6,438,157$2,375,277$1,689,183$5,087,082
61$6,994,137$2,390,954$1,645,059$5,442,765
62$7,603,656$2,404,227$1,596,285$5,831,364
63$8,272,073$2,414,879$1,542,605$6,256,205
64$9,005,293$2,422,676$1,483,751$6,720,959
65$9,809,820$2,427,374$1,419,443$7,229,669
66$10,692,817$2,428,711$1,349,390$7,786,796
67$11,662,175$2,426,409$1,273,286$8,397,260
68$12,726,587$2,420,173$1,190,810$9,066,483
69$13,895,627$2,409,690$1,101,631$9,800,447
70$15,179,843$2,394,627$1,005,398$10,605,745
71$16,590,856$2,374,632$901,747$11,489,650
72$18,141,465$2,349,332$790,298$12,460,178
73$19,845,775$2,318,329$670,654$13,526,169
74$21,719,322$2,281,205$542,398$14,697,371
75$23,779,223$2,237,514$405,099$15,984,531
76$26,044,336$2,186,785$258,302$17,399,498
77$28,535,439$2,128,518$101,536$18,955,336
78$31,275,425$2,062,186$0$20,666,449
79$34,289,513$1,987,228$0$22,556,438
80$37,605,495$1,903,054$0$24,648,310
81$41,253,988$1,809,036$0$26,949,503
82$45,268,728$1,704,512$0$29,481,364
83$49,686,888$1,588,782$0$32,267,424
84$54,549,423$1,461,105$0$35,333,619
85$59,901,462$1,320,698$0$38,708,538
86$65,792,731$1,166,732$0$42,423,696
87$72,278,022$998,334$0$46,513,827
88$79,417,707$814,579$0$51,017,219
89$87,278,310$614,491$0$55,976,075
90$95,933,135$397,038$0$61,436,910
91$105,462,954$161,132$0$67,450,996
92$115,956,770$0$0$74,074,848
93$127,512,658$0$0$81,402,950
94$140,238,689$0$0$89,533,831
95$154,253,946$0$0$98,488,637
96$169,689,653$0$0$108,351,238
97$186,690,409$0$0$119,214,052
98$205,415,553$0$0$131,178,919
99$226,040,668$0$0$144,358,061
100$248,759,235$0$0$158,875,140