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%16.3%
1 years$154,423$153,047$151,705$150,395$149,116$145,276
2 years$76,447$75,023$73,643$72,306$71,008$67,164
3 years$50,458$49,028$47,652$46,327$45,050$41,324
4 years$37,467$36,041$34,679$33,376$32,130$28,549
5 years$29,674$28,257$26,912$25,636$24,425$21,000
6 years$24,480$23,074$21,749$20,501$19,327$16,060
7 years$20,772$19,377$18,073$16,855$15,718$12,611
8 years$17,992$16,610$15,328$14,139$13,039$10,090
9 years$15,831$14,462$13,202$12,044$10,981$8,187
10 years$14,103$12,747$11,510$10,382$9,356$6,714
11 years$12,690$11,348$10,133$9,035$8,047$5,552
12 years$11,514$10,186$8,993$7,925$6,973$4,622
13 years$10,519$9,205$8,034$6,997$6,081$3,869
14 years$9,667$8,367$7,219$6,211$5,330$3,252
15 years$8,930$7,643$6,518$5,539$4,693$2,743
16 years$8,285$7,013$5,909$4,960$4,148$2,321
17 years$7,716$6,458$5,377$4,456$3,678$1,969
18 years$7,212$5,968$4,909$4,016$3,270$1,673
19 years$6,761$5,531$4,494$3,629$2,915$1,425
20 years$6,356$5,140$4,124$3,286$2,604$1,215
21 years$5,989$4,787$3,793$2,983$2,330$1,037
22 years$5,657$4,469$3,496$2,712$2,088$886
23 years$5,354$4,180$3,228$2,470$1,875$758
24 years$5,076$3,916$2,985$2,253$1,685$649
25 years$4,821$3,675$2,765$2,057$1,516$556
26 years$4,586$3,454$2,564$1,881$1,366$476
27 years$4,369$3,251$2,381$1,722$1,231$408
28 years$4,168$3,063$2,214$1,577$1,111$350
29 years$3,981$2,890$2,060$1,447$1,003$301
30 years$3,807$2,729$1,919$1,328$907$258
31 years$3,644$2,580$1,789$1,219$820$222
32 years$3,492$2,441$1,669$1,121$741$190
33 years$3,349$2,312$1,558$1,030$671$163
34 years$3,215$2,191$1,456$948$607$140
35 years$3,089$2,078$1,361$873$550$121
36 years$2,970$1,972$1,274$804$499$104
37 years$2,858$1,873$1,192$741$452$89
38 years$2,752$1,780$1,116$683$410$77
39 years$2,652$1,693$1,046$629$371$66
40 years$2,557$1,611$980$581$337$57
41 years$2,466$1,533$919$536$306$49
42 years$2,381$1,460$862$494$277$42
43 years$2,299$1,391$809$456$252$36
44 years$2,222$1,326$759$421$228$31
45 years$2,148$1,265$713$389$207$27
46 years$2,078$1,206$670$359$188$23
47 years$2,010$1,151$629$332$171$20
48 years$1,946$1,099$591$307$155$17
49 years$1,885$1,049$556$284$141$14
50 years$1,826$1,002$523$262$128$12

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 $5,255 every year, while hoping to spend $55,012 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: 69/17/14 Blend
44$1,870,000$1,870,000$1,870,000$1,870,000
45$2,066,161$1,967,051$1,938,066$2,201,818
46$2,218,377$2,004,904$1,944,458$2,330,569
47$2,384,275$2,042,768$1,949,222$2,464,310
48$2,565,193$2,080,586$1,952,243$2,609,216
49$2,762,603$2,118,294$1,953,403$2,766,379
50$2,978,125$2,155,828$1,952,579$2,937,001
51$3,213,543$2,193,113$1,949,640$3,122,406
52$3,470,821$2,230,072$1,944,449$3,324,054
53$3,752,120$2,266,621$1,936,863$3,543,554
54$4,059,821$2,302,670$1,926,733$3,782,677
55$4,396,545$2,338,122$1,913,900$4,043,378
56$4,765,177$2,372,875$1,898,200$4,327,807
57$5,168,895$2,406,816$1,879,460$4,638,337
58$5,611,199$2,439,826$1,857,499$4,977,582
59$6,095,943$2,471,779$1,832,127$5,348,422
60$6,627,372$2,502,539$1,803,145$5,754,031
61$7,210,159$2,531,959$1,770,347$6,197,910
62$7,849,456$2,559,885$1,733,513$6,683,914
63$8,550,932$2,586,152$1,692,418$7,216,293
64$9,320,835$2,610,581$1,646,822$7,799,731
65$10,166,046$2,632,985$1,596,476$8,439,392
66$11,094,145$2,653,163$1,541,120$9,140,966
67$12,113,481$2,670,902$1,480,481$9,910,724
68$13,233,253$2,685,973$1,414,274$10,755,580
69$14,463,595$2,698,135$1,342,202$11,683,152
70$15,815,668$2,707,131$1,263,952$12,701,837
71$17,301,772$2,712,686$1,179,200$13,820,892
72$18,935,454$2,714,509$1,087,606$15,050,518
73$20,731,643$2,712,293$988,813$16,401,959
74$22,706,783$2,705,708$882,451$17,887,608
75$24,878,994$2,694,407$768,132$19,521,124
76$27,268,238$2,678,019$645,451$21,317,562
77$29,896,510$2,656,154$513,985$23,293,517
78$32,788,044$2,628,395$373,293$25,467,276
79$35,969,539$2,594,301$222,914$27,858,998
80$39,470,417$2,553,406$62,366$30,490,901
81$43,323,091$2,505,215$0$33,387,471
82$47,563,279$2,449,203$0$36,591,976
83$52,230,335$2,384,816$0$40,128,884
84$57,367,622$2,311,464$0$44,021,738
85$63,022,921$2,228,528$0$48,306,757
86$69,248,880$2,135,347$0$53,023,856
87$76,103,512$2,031,225$0$58,217,022
88$83,650,740$1,915,425$0$63,934,730
89$91,961,004$1,787,169$0$70,230,400
90$101,111,917$1,645,631$0$77,162,903
91$111,189,007$1,489,941$0$84,797,114
92$122,286,515$1,319,178$0$93,204,529
93$134,508,291$1,132,369$0$102,463,938
94$147,968,767$928,485$0$112,662,171
95$162,794,041$706,441$0$123,894,915
96$179,123,066$465,089$0$136,267,622
97$197,108,959$203,219$0$149,896,503
98$216,920,445$0$0$164,909,625
99$238,743,455$0$0$181,463,173
100$262,782,870$0$0$199,739,977