Can I retire at age 45 with 1,880,000?

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 $1,880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$155,249$153,866$152,517$151,200$149,914$147,370
2 years$76,856$75,424$74,037$72,692$71,388$68,832
3 years$50,728$49,291$47,907$46,575$45,291$42,804
4 years$37,667$36,234$34,864$33,554$32,302$29,903
5 years$29,832$28,408$27,056$25,773$24,556$22,250
6 years$24,611$23,197$21,865$20,611$19,430$17,222
7 years$20,883$19,481$18,170$16,945$15,802$13,691
8 years$18,088$16,699$15,410$14,215$13,109$11,096
9 years$15,915$14,539$13,272$12,108$11,040$9,123
10 years$14,178$12,816$11,571$10,437$9,406$7,584
11 years$12,758$11,409$10,187$9,084$8,090$6,360
12 years$11,575$10,240$9,041$7,967$7,010$5,371
13 years$10,575$9,254$8,077$7,034$6,113$4,561
14 years$9,719$8,412$7,257$6,244$5,359$3,892
15 years$8,977$7,684$6,553$5,569$4,718$3,334
16 years$8,329$7,050$5,941$4,986$4,170$2,865
17 years$7,758$6,493$5,406$4,480$3,697$2,469
18 years$7,250$6,000$4,935$4,037$3,288$2,133
19 years$6,797$5,560$4,518$3,648$2,930$1,846
20 years$6,390$5,167$4,146$3,304$2,617$1,600
21 years$6,021$4,813$3,814$2,999$2,342$1,389
22 years$5,687$4,493$3,515$2,726$2,100$1,207
23 years$5,382$4,202$3,245$2,483$1,885$1,051
24 years$5,103$3,937$3,001$2,265$1,694$915
25 years$4,847$3,695$2,780$2,068$1,524$798
26 years$4,611$3,472$2,578$1,891$1,373$696
27 years$4,392$3,268$2,394$1,731$1,238$607
28 years$4,190$3,079$2,226$1,586$1,117$530
29 years$4,002$2,905$2,071$1,454$1,009$463
30 years$3,827$2,743$1,929$1,335$911$405
31 years$3,663$2,593$1,799$1,226$824$354
32 years$3,510$2,454$1,678$1,127$745$310
33 years$3,367$2,324$1,567$1,036$675$271
34 years$3,232$2,203$1,464$953$611$237
35 years$3,105$2,089$1,369$877$553$207
36 years$2,986$1,983$1,280$808$501$182
37 years$2,873$1,883$1,198$745$454$159
38 years$2,767$1,790$1,122$686$412$139
39 years$2,666$1,702$1,051$633$373$122
40 years$2,570$1,619$985$584$339$107
41 years$2,480$1,541$924$538$307$94
42 years$2,394$1,468$867$497$279$82
43 years$2,312$1,399$813$459$253$72
44 years$2,234$1,333$764$424$230$63
45 years$2,159$1,271$717$391$209$55
46 years$2,089$1,213$673$361$189$48
47 years$2,021$1,157$633$334$172$42
48 years$1,956$1,105$594$308$156$37
49 years$1,895$1,055$559$285$142$32
50 years$1,836$1,008$525$264$129$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,880,000, adding $3,305 every year, while hoping to spend $26,617 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: 60/14/26 Blend
44$1,880,000$1,880,000$1,880,000$1,880,000
45$2,075,169$1,975,529$1,946,389$2,184,981
46$2,258,516$2,044,010$1,983,273$2,328,613
47$2,459,672$2,114,954$2,020,500$2,482,109
48$2,680,426$2,188,454$2,058,054$2,649,027
49$2,922,748$2,264,607$2,095,917$2,830,681
50$3,188,808$2,343,511$2,134,070$3,028,515
51$3,480,995$2,425,273$2,172,490$3,244,118
52$3,801,944$2,509,999$2,211,156$3,479,243
53$4,154,556$2,597,802$2,250,043$3,735,816
54$4,542,025$2,688,799$2,289,124$4,015,961
55$4,967,873$2,783,111$2,328,371$4,322,016
56$5,435,978$2,880,865$2,367,754$4,656,556
57$5,950,613$2,982,193$2,407,239$5,022,418
58$6,516,486$3,087,232$2,446,792$5,422,724
59$7,138,784$3,196,122$2,486,376$5,860,915
60$7,823,222$3,309,014$2,525,951$6,340,781
61$8,576,095$3,426,060$2,565,475$6,866,495
62$9,404,340$3,547,420$2,604,902$7,442,658
63$10,315,601$3,673,262$2,644,184$8,074,333
64$11,318,299$3,803,759$2,683,271$8,767,101
65$12,421,714$3,939,091$2,722,109$9,527,109
66$13,636,068$4,079,446$2,760,640$10,361,130
67$14,972,628$4,225,020$2,798,802$11,276,625
68$16,443,806$4,376,016$2,836,532$12,281,813
69$18,063,280$4,532,646$2,873,761$13,385,750
70$19,846,119$4,695,130$2,910,416$14,598,415
71$21,808,930$4,863,698$2,946,422$15,930,801
72$23,970,010$5,038,589$2,981,696$17,395,019
73$26,349,523$5,220,052$3,016,155$19,004,415
74$28,969,684$5,408,345$3,049,707$20,773,693
75$31,854,977$5,603,738$3,082,256$22,719,053
76$35,032,376$5,806,513$3,113,704$24,858,348
77$38,531,608$6,016,962$3,143,942$27,211,246
78$42,385,429$6,235,390$3,172,861$29,799,420
79$46,629,932$6,462,113$3,200,342$32,646,751
80$51,304,893$6,697,464$3,226,261$35,779,554
81$56,454,138$6,941,787$3,250,487$39,226,823
82$62,125,966$7,195,439$3,272,883$43,020,508
83$68,373,595$7,458,797$3,293,306$47,195,813
84$75,255,672$7,732,248$3,311,602$51,791,534
85$82,836,822$8,016,199$3,327,611$56,850,416
86$91,188,258$8,311,074$3,341,167$62,419,563
87$100,388,457$8,617,313$3,352,093$68,550,882
88$110,523,895$8,935,377$3,360,203$75,301,567
89$121,689,865$9,265,743$3,365,303$82,734,647
90$133,991,380$9,608,913$3,367,189$90,919,573
91$147,544,156$9,965,405$3,365,646$99,932,877
92$162,475,715$10,335,765$3,360,449$109,858,894
93$178,926,577$10,720,556$3,351,363$120,790,558
94$197,051,594$11,120,370$3,338,140$132,830,277
95$217,021,410$11,535,822$3,320,522$146,090,902
96$239,024,070$11,967,553$3,298,235$160,696,789
97$263,266,795$12,416,233$3,270,996$176,784,976
98$289,977,940$12,882,560$3,238,506$194,506,472
99$319,409,146$13,367,262$3,200,452$214,027,687
100$351,837,719$13,871,098$3,156,508$235,531,999