Can I retire at age 45 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$152,771$151,410$150,083$148,787$147,522$142,457
2 years$75,629$74,221$72,856$71,532$70,248$65,198
3 years$49,919$48,504$47,142$45,831$44,568$39,690
4 years$37,066$35,656$34,308$33,019$31,787$27,118
5 years$29,356$27,954$26,624$25,362$24,164$19,717
6 years$24,218$22,827$21,516$20,282$19,120$14,899
7 years$20,550$19,170$17,880$16,675$15,550$11,553
8 years$17,799$16,432$15,164$13,988$12,900$9,125
9 years$15,661$14,307$13,061$11,915$10,864$7,306
10 years$13,952$12,611$11,386$10,271$9,256$5,909
11 years$12,554$11,227$10,024$8,939$7,961$4,818
12 years$11,391$10,077$8,896$7,840$6,899$3,953
13 years$10,407$9,106$7,948$6,922$6,016$3,260
14 years$9,564$8,277$7,142$6,144$5,273$2,699
15 years$8,834$7,562$6,448$5,480$4,643$2,241
16 years$8,196$6,938$5,846$4,907$4,104$1,867
17 years$7,634$6,389$5,320$4,408$3,638$1,558
18 years$7,135$5,904$4,856$3,973$3,235$1,303
19 years$6,689$5,472$4,446$3,590$2,884$1,091
20 years$6,288$5,085$4,080$3,251$2,576$915
21 years$5,925$4,736$3,753$2,951$2,305$768
22 years$5,596$4,421$3,459$2,683$2,066$645
23 years$5,296$4,135$3,194$2,443$1,855$542
24 years$5,022$3,874$2,953$2,229$1,667$456
25 years$4,770$3,636$2,736$2,035$1,500$384
26 years$4,537$3,417$2,537$1,861$1,351$323
27 years$4,322$3,216$2,356$1,703$1,218$272
28 years$4,123$3,030$2,190$1,561$1,099$229
29 years$3,938$2,859$2,038$1,431$993$193
30 years$3,766$2,700$1,898$1,313$897$163
31 years$3,605$2,552$1,770$1,206$811$137
32 years$3,454$2,415$1,651$1,109$733$116
33 years$3,313$2,287$1,542$1,019$664$98
34 years$3,180$2,167$1,441$938$601$82
35 years$3,056$2,056$1,347$863$544$69
36 years$2,938$1,951$1,260$795$493$59
37 years$2,827$1,853$1,179$733$447$49
38 years$2,722$1,761$1,104$675$405$42
39 years$2,623$1,675$1,035$623$367$35
40 years$2,529$1,593$970$574$333$30
41 years$2,440$1,517$909$530$302$25
42 years$2,355$1,444$853$489$274$21
43 years$2,275$1,376$800$451$249$18
44 years$2,198$1,312$751$417$226$15
45 years$2,125$1,251$705$385$205$13
46 years$2,055$1,193$663$356$186$11
47 years$1,989$1,139$622$329$169$9
48 years$1,925$1,087$585$304$154$8
49 years$1,864$1,038$550$281$140$6
50 years$1,806$992$517$259$127$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,850,000, adding $6,983 every year, while hoping to spend $52,627 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: 28/44/28 Blend
44$1,850,000$1,850,000$1,850,000$1,850,000
45$2,045,903$1,947,853$1,919,178$2,085,278
46$2,198,590$1,987,303$1,927,476$2,156,761
47$2,365,088$2,026,922$1,934,288$2,228,499
48$2,546,749$2,066,664$1,939,508$2,304,514
49$2,745,063$2,106,475$1,943,027$2,385,211
50$2,961,669$2,146,302$1,944,728$2,471,037
51$3,198,372$2,186,084$1,944,489$2,562,485
52$3,457,159$2,225,755$1,942,183$2,660,102
53$3,740,217$2,265,245$1,937,674$2,764,492
54$4,049,956$2,304,479$1,930,823$2,876,322
55$4,389,028$2,343,375$1,921,482$2,996,330
56$4,760,354$2,381,845$1,909,497$3,125,333
57$5,167,149$2,419,795$1,894,704$3,264,232
58$5,612,957$2,457,124$1,876,935$3,414,025
59$6,101,678$2,493,722$1,856,012$3,575,815
60$6,637,609$2,529,474$1,831,748$3,750,819
61$7,225,482$2,564,255$1,803,948$3,940,384
62$7,870,509$2,597,932$1,772,409$4,145,998
63$8,578,432$2,630,362$1,736,916$4,369,304
64$9,355,575$2,661,392$1,697,245$4,612,120
65$10,208,904$2,690,860$1,653,163$4,876,451
66$11,146,093$2,718,593$1,604,424$5,164,516
67$12,175,595$2,744,405$1,550,773$5,478,762
68$13,306,723$2,768,099$1,491,942$5,821,896
69$14,549,737$2,789,464$1,427,650$6,196,904
70$15,915,939$2,808,276$1,357,605$6,607,087
71$17,417,780$2,824,297$1,281,500$7,056,088
72$19,068,980$2,837,273$1,199,016$7,547,930
73$20,884,651$2,846,935$1,109,819$8,087,056
74$22,881,445$2,852,995$1,013,558$8,678,370
75$25,077,709$2,855,148$909,869$9,327,288
76$27,493,657$2,853,071$798,370$10,039,787
77$30,151,558$2,846,421$678,664$10,822,465
78$33,075,953$2,834,831$550,335$11,682,605
79$36,293,877$2,817,914$412,948$12,628,246
80$39,835,121$2,795,261$266,050$13,668,259
81$43,732,509$2,766,434$109,169$14,812,434
82$48,022,208$2,730,972$0$16,071,576
83$52,744,069$2,688,386$0$17,475,009
84$57,942,003$2,638,156$0$19,054,422
85$63,664,395$2,579,733$0$20,791,840
86$69,964,558$2,512,535$0$22,703,444
87$76,901,239$2,435,946$0$24,807,074
88$84,539,172$2,349,313$0$27,122,402
89$92,949,684$2,251,946$0$29,671,117
90$102,211,376$2,143,115$0$32,477,134
91$112,410,856$2,022,048$0$35,566,819
92$123,643,561$1,887,926$0$38,969,240
93$136,014,657$1,739,887$0$42,716,448
94$149,640,027$1,577,017$0$46,843,776
95$164,647,369$1,398,350$0$51,390,179
96$181,177,398$1,202,866$0$56,398,604
97$199,385,174$989,488$0$61,916,396
98$219,441,564$757,075$0$67,995,752
99$241,534,859$504,427$0$74,694,213
100$265,872,542$230,272$0$82,075,211