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%19%
1 years$154,423$153,047$151,705$150,395$149,116$143,711
2 years$76,447$75,023$73,643$72,306$71,008$65,622
3 years$50,458$49,028$47,652$46,327$45,050$39,852
4 years$37,467$36,041$34,679$33,376$32,130$27,160
5 years$29,674$28,257$26,912$25,636$24,425$19,696
6 years$24,480$23,074$21,749$20,501$19,327$14,842
7 years$20,772$19,377$18,073$16,855$15,718$11,476
8 years$17,992$16,610$15,328$14,139$13,039$9,037
9 years$15,831$14,462$13,202$12,044$10,981$7,213
10 years$14,103$12,747$11,510$10,382$9,356$5,816
11 years$12,690$11,348$10,133$9,035$8,047$4,727
12 years$11,514$10,186$8,993$7,925$6,973$3,865
13 years$10,519$9,205$8,034$6,997$6,081$3,176
14 years$9,667$8,367$7,219$6,211$5,330$2,621
15 years$8,930$7,643$6,518$5,539$4,693$2,169
16 years$8,285$7,013$5,909$4,960$4,148$1,800
17 years$7,716$6,458$5,377$4,456$3,678$1,497
18 years$7,212$5,968$4,909$4,016$3,270$1,247
19 years$6,761$5,531$4,494$3,629$2,915$1,040
20 years$6,356$5,140$4,124$3,286$2,604$869
21 years$5,989$4,787$3,793$2,983$2,330$726
22 years$5,657$4,469$3,496$2,712$2,088$608
23 years$5,354$4,180$3,228$2,470$1,875$509
24 years$5,076$3,916$2,985$2,253$1,685$426
25 years$4,821$3,675$2,765$2,057$1,516$357
26 years$4,586$3,454$2,564$1,881$1,366$300
27 years$4,369$3,251$2,381$1,722$1,231$251
28 years$4,168$3,063$2,214$1,577$1,111$211
29 years$3,981$2,890$2,060$1,447$1,003$177
30 years$3,807$2,729$1,919$1,328$907$149
31 years$3,644$2,580$1,789$1,219$820$125
32 years$3,492$2,441$1,669$1,121$741$105
33 years$3,349$2,312$1,558$1,030$671$88
34 years$3,215$2,191$1,456$948$607$74
35 years$3,089$2,078$1,361$873$550$62
36 years$2,970$1,972$1,274$804$499$52
37 years$2,858$1,873$1,192$741$452$44
38 years$2,752$1,780$1,116$683$410$37
39 years$2,652$1,693$1,046$629$371$31
40 years$2,557$1,611$980$581$337$26
41 years$2,466$1,533$919$536$306$22
42 years$2,381$1,460$862$494$277$18
43 years$2,299$1,391$809$456$252$15
44 years$2,222$1,326$759$421$228$13
45 years$2,148$1,265$713$389$207$11
46 years$2,078$1,206$670$359$188$9
47 years$2,010$1,151$629$332$171$8
48 years$1,946$1,099$591$307$155$6
49 years$1,885$1,049$556$284$141$5
50 years$1,826$1,002$523$262$128$5

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 $3,029 every year, while hoping to spend $21,822 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: 29/48/23 Blend
44$1,870,000$1,870,000$1,870,000$1,870,000
45$2,063,864$1,964,754$1,935,769$2,108,815
46$2,251,160$2,037,809$1,977,399$2,216,953
47$2,456,829$2,113,712$2,019,692$2,330,997
48$2,682,721$2,192,579$2,062,648$2,453,155
49$2,930,876$2,274,533$2,106,264$2,584,141
50$3,203,540$2,359,700$2,150,539$2,724,736
51$3,503,188$2,448,213$2,195,469$2,875,795
52$3,832,546$2,540,208$2,241,050$3,038,260
53$4,194,618$2,635,830$2,287,277$3,213,160
54$4,592,712$2,735,229$2,334,144$3,401,628
55$5,030,475$2,838,561$2,381,643$3,604,906
56$5,511,922$2,945,989$2,429,767$3,824,357
57$6,041,480$3,057,684$2,478,506$4,061,480
58$6,624,023$3,173,824$2,527,849$4,317,920
59$7,264,926$3,294,593$2,577,784$4,595,483
60$7,970,105$3,420,185$2,628,297$4,896,156
61$8,746,084$3,550,802$2,679,373$5,222,122
62$9,600,048$3,686,655$2,730,995$5,575,778
63$10,539,915$3,827,963$2,783,146$5,959,762
64$11,574,410$3,974,957$2,835,804$6,376,972
65$12,713,144$4,127,874$2,888,949$6,830,596
66$13,966,711$4,286,967$2,942,555$7,324,140
67$15,346,782$4,452,495$2,996,597$7,861,459
68$16,866,218$4,624,730$3,051,047$8,446,792
69$18,539,189$4,803,959$3,105,873$9,084,806
70$20,381,310$4,990,477$3,161,044$9,780,632
71$22,409,788$5,184,595$3,216,524$10,539,917
72$24,643,583$5,386,637$3,272,274$11,368,873
73$27,103,587$5,596,940$3,328,253$12,274,340
74$29,812,822$5,815,859$3,384,418$13,263,840
75$32,796,655$6,043,761$3,440,722$14,345,657
76$36,083,042$6,281,034$3,497,114$15,528,906
77$39,702,785$6,528,078$3,553,541$16,823,621
78$43,689,830$6,785,314$3,609,945$18,240,848
79$48,081,580$7,053,182$3,666,265$19,792,748
80$52,919,253$7,332,140$3,722,437$21,492,708
81$58,248,270$7,622,667$3,778,391$23,355,470
82$64,118,680$7,925,265$3,834,055$25,397,263
83$70,585,639$8,240,456$3,889,349$27,635,958
84$77,709,923$8,568,788$3,944,191$30,091,235
85$85,558,508$8,910,831$3,998,494$32,784,764
86$94,205,197$9,267,182$4,052,164$35,740,410
87$103,731,319$9,638,466$4,105,104$38,984,454
88$114,226,497$10,025,335$4,157,209$42,545,844
89$125,789,493$10,428,470$4,208,368$46,456,457
90$138,529,139$10,848,582$4,258,466$50,751,405
91$152,565,366$11,286,418$4,307,380$55,469,363
92$168,030,335$11,742,754$4,354,979$60,652,926
93$185,069,686$12,218,405$4,401,127$66,349,016
94$203,843,908$12,714,221$4,445,679$72,609,317
95$224,529,859$13,231,091$4,488,482$79,490,759
96$247,322,435$13,769,944$4,529,376$87,056,058
97$272,436,405$14,331,754$4,568,192$95,374,299
98$300,108,444$14,917,534$4,604,752$104,521,588
99$330,599,361$15,528,349$4,638,867$114,581,765
100$364,196,567$16,165,310$4,670,340$125,647,194