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%12.9%
1 years$155,249$153,866$152,517$151,200$149,914$148,102
2 years$76,856$75,424$74,037$72,692$71,388$69,564
3 years$50,728$49,291$47,907$46,575$45,291$43,513
4 years$37,667$36,234$34,864$33,554$32,302$30,582
5 years$29,832$28,408$27,056$25,773$24,556$22,900
6 years$24,611$23,197$21,865$20,611$19,430$17,840
7 years$20,883$19,481$18,170$16,945$15,802$14,278
8 years$18,088$16,699$15,410$14,215$13,109$11,652
9 years$15,915$14,539$13,272$12,108$11,040$9,648
10 years$14,178$12,816$11,571$10,437$9,406$8,079
11 years$12,758$11,409$10,187$9,084$8,090$6,826
12 years$11,575$10,240$9,041$7,967$7,010$5,809
13 years$10,575$9,254$8,077$7,034$6,113$4,973
14 years$9,719$8,412$7,257$6,244$5,359$4,277
15 years$8,977$7,684$6,553$5,569$4,718$3,694
16 years$8,329$7,050$5,941$4,986$4,170$3,201
17 years$7,758$6,493$5,406$4,480$3,697$2,782
18 years$7,250$6,000$4,935$4,037$3,288$2,424
19 years$6,797$5,560$4,518$3,648$2,930$2,116
20 years$6,390$5,167$4,146$3,304$2,617$1,851
21 years$6,021$4,813$3,814$2,999$2,342$1,622
22 years$5,687$4,493$3,515$2,726$2,100$1,423
23 years$5,382$4,202$3,245$2,483$1,885$1,249
24 years$5,103$3,937$3,001$2,265$1,694$1,098
25 years$4,847$3,695$2,780$2,068$1,524$967
26 years$4,611$3,472$2,578$1,891$1,373$851
27 years$4,392$3,268$2,394$1,731$1,238$750
28 years$4,190$3,079$2,226$1,586$1,117$661
29 years$4,002$2,905$2,071$1,454$1,009$584
30 years$3,827$2,743$1,929$1,335$911$515
31 years$3,663$2,593$1,799$1,226$824$455
32 years$3,510$2,454$1,678$1,127$745$402
33 years$3,367$2,324$1,567$1,036$675$355
34 years$3,232$2,203$1,464$953$611$314
35 years$3,105$2,089$1,369$877$553$277
36 years$2,986$1,983$1,280$808$501$245
37 years$2,873$1,883$1,198$745$454$217
38 years$2,767$1,790$1,122$686$412$192
39 years$2,666$1,702$1,051$633$373$170
40 years$2,570$1,619$985$584$339$150
41 years$2,480$1,541$924$538$307$133
42 years$2,394$1,468$867$497$279$118
43 years$2,312$1,399$813$459$253$104
44 years$2,234$1,333$764$424$230$92
45 years$2,159$1,271$717$391$209$82
46 years$2,089$1,213$673$361$189$72
47 years$2,021$1,157$633$334$172$64
48 years$1,956$1,105$594$308$156$57
49 years$1,895$1,055$559$285$142$50
50 years$1,836$1,008$525$264$129$44

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 $4,803 every year, while hoping to spend $40,093 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: 56/28/16 Blend
44$1,880,000$1,880,000$1,880,000$1,880,000
45$2,076,714$1,977,074$1,947,934$2,184,021
46$2,245,881$2,031,292$1,970,531$2,311,707
47$2,430,958$2,086,823$1,992,542$2,445,974
48$2,633,527$2,143,689$2,013,904$2,591,324
49$2,855,329$2,201,912$2,034,551$2,748,827
50$3,098,279$2,261,512$2,054,416$2,919,660
51$3,364,490$2,322,512$2,073,424$3,105,119
52$3,656,284$2,384,932$2,091,501$3,306,634
53$3,976,223$2,448,792$2,108,564$3,525,777
54$4,327,127$2,514,111$2,124,529$3,764,279
55$4,712,100$2,580,909$2,139,308$4,024,049
56$5,134,564$2,649,203$2,152,804$4,307,186
57$5,598,287$2,719,012$2,164,921$4,616,007
58$6,107,420$2,790,351$2,175,553$4,953,059
59$6,666,535$2,863,236$2,184,592$5,321,151
60$7,280,668$2,937,682$2,191,923$5,723,376
61$7,955,369$3,013,701$2,197,425$6,163,144
62$8,696,749$3,091,305$2,200,971$6,644,208
63$9,511,543$3,170,504$2,202,430$7,170,705
64$10,407,170$3,251,308$2,201,660$7,747,194
65$11,391,802$3,333,723$2,198,516$8,378,696
66$12,474,444$3,417,754$2,192,845$9,070,745
67$13,665,017$3,503,403$2,184,485$9,829,436
68$14,974,451$3,590,672$2,173,268$10,661,488
69$16,414,789$3,679,559$2,159,016$11,574,303
70$17,999,299$3,770,059$2,141,545$12,576,038
71$19,742,600$3,862,165$2,120,659$13,675,679
72$21,660,801$3,955,866$2,096,157$14,883,131
73$23,771,648$4,051,149$2,067,823$16,209,308
74$26,094,697$4,147,997$2,035,437$17,666,235
75$28,651,495$4,246,388$1,998,763$19,267,165
76$31,465,783$4,346,296$1,957,557$21,026,702
77$34,563,722$4,447,693$1,911,564$22,960,938
78$37,974,135$4,550,544$1,860,515$25,087,608
79$41,728,786$4,654,810$1,804,131$27,426,256
80$45,862,671$4,760,445$1,742,119$29,998,417
81$50,414,356$4,867,399$1,674,172$32,827,826
82$55,426,334$4,975,615$1,599,970$35,940,636
83$60,945,429$5,085,029$1,519,179$39,365,670
84$67,023,239$5,195,572$1,431,447$43,134,692
85$73,716,619$5,307,165$1,336,410$47,282,705
86$81,088,220$5,419,721$1,233,685$51,848,284
87$89,207,078$5,533,147$1,122,873$56,873,939
88$98,149,266$5,647,338$1,003,556$62,406,518
89$107,998,615$5,762,181$875,299$68,497,647
90$118,847,498$5,877,552$737,646$75,204,223
91$130,797,707$5,993,316$590,121$82,588,945
92$143,961,413$6,109,328$432,230$90,720,910
93$158,462,220$6,225,428$263,452$99,676,266
94$174,436,336$6,341,444$83,248$109,538,931
95$192,033,858$6,457,191$0$120,401,383
96$211,420,186$6,572,467$0$132,384,158
97$232,777,583$6,687,056$0$145,597,327
98$256,306,900$6,800,725$0$160,150,543
99$282,229,466$6,913,223$0$176,180,319
100$310,789,181$7,024,280$0$193,837,090