Can I retire at age 45 with 1,820,000?

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$150,294$148,955$147,649$146,374$145,129$139,592
2 years$74,403$73,017$71,674$70,372$69,109$63,595
3 years$49,109$47,718$46,378$45,088$43,846$38,529
4 years$36,465$35,077$33,751$32,483$31,271$26,192
5 years$28,880$27,501$26,192$24,950$23,772$18,944
6 years$23,825$22,457$21,167$19,953$18,810$14,236
7 years$20,216$18,859$17,590$16,405$15,297$10,976
8 years$17,511$16,166$14,918$13,761$12,691$8,618
9 years$15,407$14,075$12,849$11,722$10,687$6,857
10 years$13,726$12,407$11,202$10,104$9,106$5,512
11 years$12,351$11,045$9,862$8,794$7,832$4,465
12 years$11,206$9,913$8,752$7,713$6,787$3,639
13 years$10,238$8,959$7,820$6,810$5,918$2,980
14 years$9,409$8,143$7,026$6,045$5,188$2,450
15 years$8,691$7,439$6,343$5,391$4,568$2,021
16 years$8,063$6,825$5,751$4,827$4,037$1,671
17 years$7,510$6,286$5,233$4,337$3,579$1,384
18 years$7,019$5,808$4,777$3,908$3,183$1,149
19 years$6,580$5,383$4,373$3,532$2,837$955
20 years$6,186$5,002$4,014$3,199$2,534$794
21 years$5,829$4,659$3,692$2,903$2,268$662
22 years$5,505$4,349$3,403$2,639$2,033$551
23 years$5,210$4,068$3,142$2,404$1,825$460
24 years$4,940$3,811$2,906$2,192$1,640$384
25 years$4,692$3,577$2,691$2,002$1,476$320
26 years$4,464$3,362$2,496$1,831$1,329$268
27 years$4,252$3,164$2,318$1,676$1,198$224
28 years$4,056$2,981$2,155$1,535$1,081$187
29 years$3,874$2,812$2,005$1,408$976$156
30 years$3,705$2,656$1,868$1,292$882$131
31 years$3,546$2,511$1,741$1,187$798$109
32 years$3,398$2,376$1,624$1,091$722$91
33 years$3,259$2,250$1,517$1,003$653$76
34 years$3,129$2,132$1,417$923$591$64
35 years$3,006$2,022$1,325$849$535$53
36 years$2,891$1,920$1,239$782$485$45
37 years$2,781$1,823$1,160$721$440$37
38 years$2,678$1,733$1,086$664$399$31
39 years$2,581$1,648$1,018$613$362$26
40 years$2,488$1,568$954$565$328$22
41 years$2,400$1,492$895$521$297$18
42 years$2,317$1,421$839$481$270$15
43 years$2,238$1,354$787$444$245$13
44 years$2,162$1,291$739$410$222$11
45 years$2,091$1,231$694$379$202$9
46 years$2,022$1,174$652$350$183$8
47 years$1,957$1,120$612$323$166$6
48 years$1,894$1,070$575$299$151$5
49 years$1,834$1,021$541$276$137$4
50 years$1,777$976$509$255$125$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,820,000, adding $3,060 every year, while hoping to spend $30,314 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: 45/45/10 Blend
44$1,820,000$1,820,000$1,820,000$1,820,000
45$2,008,796$1,912,336$1,884,126$2,093,380
46$2,181,440$1,973,787$1,914,991$2,213,716
47$2,370,677$2,037,233$1,945,873$2,340,772
48$2,578,168$2,102,739$1,976,742$2,477,855
49$2,805,742$2,170,375$2,007,564$2,625,899
50$3,055,414$2,240,209$2,038,303$2,785,933
51$3,329,402$2,312,315$2,068,922$2,959,087
52$3,630,151$2,386,768$2,099,381$3,146,607
53$3,960,352$2,463,645$2,129,636$3,349,857
54$4,322,971$2,543,027$2,159,642$3,570,344
55$4,721,275$2,624,997$2,189,351$3,809,720
56$5,158,863$2,709,640$2,218,712$4,069,806
57$5,639,700$2,797,045$2,247,672$4,352,604
58$6,168,153$2,887,304$2,276,173$4,660,318
59$6,749,034$2,980,511$2,304,154$4,995,372
60$7,387,644$3,076,765$2,331,552$5,360,436
61$8,089,825$3,176,167$2,358,300$5,758,446
62$8,862,009$3,278,822$2,384,325$6,192,636
63$9,711,288$3,384,838$2,409,554$6,666,564
64$10,645,472$3,494,328$2,433,907$7,184,151
65$11,673,168$3,607,407$2,457,300$7,749,708
66$12,803,856$3,724,196$2,479,645$8,367,986
67$14,047,986$3,844,817$2,500,849$9,044,216
68$15,417,068$3,969,401$2,520,815$9,784,156
69$16,923,787$4,098,079$2,539,440$10,594,148
70$18,582,117$4,230,989$2,556,616$11,481,178
71$20,407,458$4,368,273$2,572,228$12,452,935
72$22,416,778$4,510,078$2,586,157$13,517,893
73$24,628,774$4,656,556$2,598,277$14,685,381
74$27,064,045$4,807,863$2,608,455$15,965,676
75$29,745,293$4,964,164$2,616,554$17,370,098
76$32,697,531$5,125,626$2,622,426$18,911,116
77$35,948,320$5,292,423$2,625,919$20,602,464
78$39,528,033$5,464,736$2,626,872$22,459,272
79$43,470,136$5,642,752$2,625,116$24,498,207
80$47,811,506$5,826,663$2,620,473$26,737,629
81$52,592,780$6,016,669$2,612,759$29,197,766
82$57,858,734$6,212,977$2,601,777$31,900,900
83$63,658,714$6,415,801$2,587,325$34,871,580
84$70,047,090$6,625,363$2,569,188$38,136,853
85$77,083,779$6,841,892$2,547,142$41,726,517
86$84,834,805$7,065,625$2,520,952$45,673,400
87$93,372,923$7,296,808$2,490,372$50,013,673
88$102,778,305$7,535,696$2,455,143$54,787,186
89$113,139,299$7,782,551$2,414,997$60,037,848
90$124,553,258$8,037,647$2,369,650$65,814,037
91$137,127,465$8,301,266$2,318,808$72,169,056
92$150,980,138$8,573,700$2,262,160$79,161,638
93$166,241,553$8,855,252$2,199,383$86,856,494
94$183,055,268$9,146,236$2,130,138$95,324,928
95$201,579,479$9,446,975$2,054,072$104,645,508
96$221,988,516$9,757,807$1,970,813$114,904,804
97$244,474,484$10,079,080$1,879,975$126,198,206
98$269,249,081$10,411,153$1,781,153$138,630,823
99$296,545,589$10,754,402$1,673,924$152,318,473
100$326,621,084$11,109,212$1,557,845$167,388,777