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%11%
1 years$154,423$153,047$151,705$150,395$149,116$148,488
2 years$76,447$75,023$73,643$72,306$71,008$70,374
3 years$50,458$49,028$47,652$46,327$45,050$44,430
4 years$37,467$36,041$34,679$33,376$32,130$31,528
5 years$29,674$28,257$26,912$25,636$24,425$23,843
6 years$24,480$23,074$21,749$20,501$19,327$18,765
7 years$20,772$19,377$18,073$16,855$15,718$15,178
8 years$17,992$16,610$15,328$14,139$13,039$12,521
9 years$15,831$14,462$13,202$12,044$10,981$10,484
10 years$14,103$12,747$11,510$10,382$9,356$8,880
11 years$12,690$11,348$10,133$9,035$8,047$7,591
12 years$11,514$10,186$8,993$7,925$6,973$6,538
13 years$10,519$9,205$8,034$6,997$6,081$5,665
14 years$9,667$8,367$7,219$6,211$5,330$4,934
15 years$8,930$7,643$6,518$5,539$4,693$4,316
16 years$8,285$7,013$5,909$4,960$4,148$3,789
17 years$7,716$6,458$5,377$4,456$3,678$3,337
18 years$7,212$5,968$4,909$4,016$3,270$2,946
19 years$6,761$5,531$4,494$3,629$2,915$2,608
20 years$6,356$5,140$4,124$3,286$2,604$2,313
21 years$5,989$4,787$3,793$2,983$2,330$2,055
22 years$5,657$4,469$3,496$2,712$2,088$1,828
23 years$5,354$4,180$3,228$2,470$1,875$1,629
24 years$5,076$3,916$2,985$2,253$1,685$1,453
25 years$4,821$3,675$2,765$2,057$1,516$1,298
26 years$4,586$3,454$2,564$1,881$1,366$1,160
27 years$4,369$3,251$2,381$1,722$1,231$1,038
28 years$4,168$3,063$2,214$1,577$1,111$929
29 years$3,981$2,890$2,060$1,447$1,003$832
30 years$3,807$2,729$1,919$1,328$907$746
31 years$3,644$2,580$1,789$1,219$820$669
32 years$3,492$2,441$1,669$1,121$741$600
33 years$3,349$2,312$1,558$1,030$671$539
34 years$3,215$2,191$1,456$948$607$484
35 years$3,089$2,078$1,361$873$550$435
36 years$2,970$1,972$1,274$804$499$391
37 years$2,858$1,873$1,192$741$452$351
38 years$2,752$1,780$1,116$683$410$316
39 years$2,652$1,693$1,046$629$371$284
40 years$2,557$1,611$980$581$337$255
41 years$2,466$1,533$919$536$306$230
42 years$2,381$1,460$862$494$277$207
43 years$2,299$1,391$809$456$252$186
44 years$2,222$1,326$759$421$228$167
45 years$2,148$1,265$713$389$207$150
46 years$2,078$1,206$670$359$188$135
47 years$2,010$1,151$629$332$171$122
48 years$1,946$1,099$591$307$155$110
49 years$1,885$1,049$556$284$141$99
50 years$1,826$1,002$523$262$128$89

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 $3,880 every year, while hoping to spend $29,912 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: 51/20/29 Blend
44$1,870,000$1,870,000$1,870,000$1,870,000
45$2,064,742$1,965,632$1,936,647$2,152,972
46$2,243,520$2,030,122$1,969,699$2,279,448
47$2,439,530$2,096,769$2,002,855$2,413,601
48$2,654,499$2,165,648$2,036,088$2,558,903
49$2,890,329$2,236,836$2,069,367$2,716,430
50$3,149,113$2,310,411$2,102,661$2,887,365
51$3,433,158$2,386,456$2,135,936$3,073,012
52$3,745,004$2,465,057$2,169,155$3,274,807
53$4,087,452$2,546,302$2,202,278$3,494,329
54$4,463,584$2,630,283$2,235,266$3,733,317
55$4,876,796$2,717,093$2,268,074$3,993,688
56$5,330,830$2,806,832$2,300,656$4,277,552
57$5,829,809$2,899,601$2,332,962$4,587,232
58$6,378,274$2,995,506$2,364,941$4,925,286
59$6,981,227$3,094,655$2,396,536$5,294,533
60$7,644,182$3,197,162$2,427,689$5,698,077
61$8,373,210$3,303,145$2,458,338$6,139,338
62$9,175,003$3,412,725$2,488,418$6,622,080
63$10,056,932$3,526,027$2,517,859$7,150,454
64$11,027,119$3,643,182$2,546,587$7,729,030
65$12,094,513$3,764,326$2,574,526$8,362,842
66$13,268,974$3,889,599$2,601,593$9,057,437
67$14,561,367$4,019,146$2,627,703$9,818,925
68$15,983,660$4,153,118$2,652,765$10,654,038
69$17,549,044$4,291,671$2,676,683$11,570,194
70$19,272,051$4,434,968$2,699,357$12,575,564
71$21,168,694$4,583,175$2,720,679$13,679,151
72$23,256,618$4,736,468$2,740,539$14,890,875
73$25,555,265$4,895,027$2,758,819$16,221,666
74$28,086,058$5,059,039$2,775,396$17,683,566
75$30,872,602$5,228,699$2,790,138$19,289,844
76$33,940,910$5,404,207$2,802,910$21,055,120
77$37,319,643$5,585,774$2,813,568$22,995,504
78$41,040,385$5,773,615$2,821,961$25,128,748
79$45,137,938$5,967,956$2,827,930$27,474,410
80$49,650,652$6,169,030$2,831,310$30,054,043
81$54,620,784$6,377,078$2,831,925$32,891,396
82$60,094,902$6,592,353$2,829,592$36,012,637
83$66,124,318$6,815,114$2,824,119$39,446,603
84$72,765,576$7,045,632$2,815,305$43,225,070
85$80,080,985$7,284,188$2,802,937$47,383,051
86$88,139,204$7,531,072$2,786,795$51,959,131
87$97,015,896$7,786,588$2,766,645$56,995,825
88$106,794,435$8,051,048$2,742,246$62,539,986
89$117,566,697$8,324,779$2,713,340$68,643,242
90$129,433,926$8,608,119$2,679,663$75,362,485
91$142,507,687$8,901,418$2,640,932$82,760,407
92$156,910,925$9,205,040$2,596,857$90,906,094
93$172,779,117$9,519,366$2,547,130$99,875,676
94$190,261,558$9,844,786$2,491,430$109,753,045
95$209,522,766$10,181,709$2,429,422$120,630,648
96$230,744,035$10,530,560$2,360,754$132,610,362
97$254,125,147$10,891,777$2,285,060$145,804,449
98$279,886,256$11,265,819$2,201,954$160,336,622
99$308,269,970$11,653,159$2,111,034$176,343,211
100$339,543,635$12,054,292$2,011,882$193,974,447