Can I retire at age 45 with 1,780,000?

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 $1,780,000?

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 years$146,991$145,681$144,404$143,157$141,940$139,588
2 years$72,768$71,412$70,099$68,826$67,590$65,228
3 years$48,030$46,669$45,359$44,097$42,882$40,583
4 years$35,663$34,307$33,010$31,770$30,584$28,365
5 years$28,246$26,897$25,617$24,402$23,249$21,117
6 years$23,302$21,963$20,702$19,515$18,396$16,354
7 years$19,772$18,445$17,204$16,044$14,961$13,009
8 years$17,126$15,810$14,590$13,459$12,412$10,549
9 years$15,069$13,766$12,566$11,464$10,453$8,678
10 years$13,424$12,134$10,956$9,882$8,906$7,219
11 years$12,079$10,802$9,645$8,600$7,660$6,057
12 years$10,960$9,695$8,560$7,544$6,638$5,119
13 years$10,013$8,762$7,648$6,660$5,788$4,350
14 years$9,202$7,964$6,871$5,912$5,074$3,714
15 years$8,500$7,275$6,204$5,272$4,467$3,184
16 years$7,886$6,675$5,625$4,721$3,948$2,738
17 years$7,345$6,148$5,118$4,242$3,501$2,361
18 years$6,865$5,681$4,672$3,823$3,113$2,041
19 years$6,436$5,265$4,277$3,454$2,774$1,768
20 years$6,050$4,892$3,926$3,128$2,478$1,534
21 years$5,701$4,557$3,611$2,839$2,218$1,332
22 years$5,384$4,254$3,328$2,581$1,988$1,159
23 years$5,096$3,978$3,073$2,351$1,784$1,009
24 years$4,832$3,728$2,842$2,144$1,604$880
25 years$4,589$3,498$2,632$1,958$1,443$768
26 years$4,366$3,288$2,441$1,790$1,300$670
27 years$4,159$3,094$2,267$1,639$1,172$585
28 years$3,967$2,916$2,107$1,502$1,058$512
29 years$3,789$2,750$1,961$1,377$955$447
30 years$3,623$2,598$1,827$1,264$863$391
31 years$3,468$2,456$1,703$1,161$780$342
32 years$3,324$2,323$1,589$1,067$706$300
33 years$3,188$2,200$1,483$981$639$262
34 years$3,060$2,085$1,386$902$578$230
35 years$2,940$1,978$1,296$831$524$201
36 years$2,827$1,877$1,212$765$475$176
37 years$2,720$1,783$1,135$705$430$154
38 years$2,619$1,695$1,063$650$390$135
39 years$2,524$1,611$995$599$354$119
40 years$2,434$1,533$933$553$321$104
41 years$2,348$1,459$875$510$291$91
42 years$2,266$1,390$821$471$264$80
43 years$2,189$1,324$770$434$240$70
44 years$2,115$1,262$723$401$217$61
45 years$2,045$1,204$679$370$197$54
46 years$1,978$1,148$638$342$179$47
47 years$1,914$1,096$599$316$163$41
48 years$1,852$1,046$563$292$148$36
49 years$1,794$999$529$270$134$32
50 years$1,738$954$497$250$122$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,780,000, adding $5,562 every year, while hoping to spend $57,140 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: 54/31/15 Blend
44$1,780,000$1,780,000$1,780,000$1,780,000
45$1,967,297$1,872,957$1,845,367$2,065,412
46$2,107,165$1,903,936$1,846,390$2,163,887
47$2,259,384$1,934,517$1,845,533$2,264,426
48$2,425,154$1,964,621$1,842,671$2,372,567
49$2,605,795$1,994,163$1,837,676$2,489,048
50$2,802,760$2,023,050$1,830,412$2,614,684
51$3,017,647$2,051,185$1,820,736$2,750,372
52$3,252,216$2,078,463$1,808,500$2,897,101
53$3,508,405$2,104,770$1,793,547$3,055,964
54$3,788,345$2,129,986$1,775,714$3,228,165
55$4,094,385$2,153,984$1,754,829$3,415,034
56$4,429,109$2,176,626$1,730,712$3,618,037
57$4,795,363$2,197,766$1,703,177$3,838,790
58$5,196,282$2,217,249$1,672,025$4,079,078
59$5,635,316$2,234,907$1,637,051$4,340,868
60$6,116,265$2,250,564$1,598,039$4,626,331
61$6,643,315$2,264,033$1,554,764$4,937,861
62$7,221,074$2,275,111$1,506,990$5,278,100
63$7,854,619$2,283,588$1,454,469$5,649,962
64$8,549,542$2,289,234$1,396,945$6,056,659
65$9,311,999$2,291,811$1,334,147$6,501,736
66$10,148,775$2,291,062$1,265,793$6,989,105
67$11,067,341$2,286,714$1,191,588$7,523,076
68$12,075,927$2,278,481$1,111,224$8,108,406
69$13,183,600$2,266,055$1,024,378$8,750,342
70$14,400,348$2,249,113$930,716$9,454,669
71$15,737,173$2,227,308$829,884$10,227,768
72$17,206,195$2,200,277$721,516$11,076,677
73$18,820,769$2,167,632$605,228$12,009,157
74$20,595,604$2,128,964$480,620$13,033,767
75$22,546,909$2,083,836$347,274$14,159,946
76$24,692,540$2,031,790$204,754$15,398,103
77$27,052,168$1,972,337$52,603$16,759,716
78$29,647,471$1,904,963$0$18,257,442
79$32,502,327$1,829,120$0$19,922,807
80$35,643,049$1,744,232$0$21,763,759
81$39,098,628$1,649,688$0$23,788,921
82$42,901,006$1,544,840$0$26,017,093
83$47,085,377$1,429,005$0$28,468,994
84$51,690,521$1,301,462$0$31,167,466
85$56,759,166$1,161,445$0$34,137,687
86$62,338,393$1,008,149$0$37,407,411
87$68,480,080$840,719$0$41,007,232
88$75,241,389$658,255$0$44,970,872
89$82,685,307$459,806$0$49,335,503
90$90,881,237$244,364$0$54,142,098
91$99,905,655$10,871$0$59,435,821
92$109,842,832$0$0$65,266,455
93$120,785,626$0$0$71,771,355
94$132,836,357$0$0$78,939,173
95$146,107,776$0$0$86,833,293
96$160,724,127$0$0$95,527,646
97$176,822,316$0$0$105,103,701
98$194,553,208$0$0$115,651,228
99$214,083,042$0$0$127,269,152
100$235,595,011$0$0$140,066,482