Can I retire at age 45 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$153,597$152,229$150,894$149,591$148,319$146,892
2 years$76,038$74,622$73,250$71,919$70,628$69,191
3 years$50,189$48,766$47,397$46,079$44,809$43,406
4 years$37,266$35,848$34,493$33,197$31,958$30,600
5 years$29,515$28,106$26,768$25,499$24,294$22,985
6 years$24,349$22,950$21,633$20,392$19,223$17,964
7 years$20,661$19,274$17,977$16,765$15,634$14,426
8 years$17,896$16,521$15,246$14,064$12,970$11,813
9 years$15,746$14,385$13,131$11,979$10,922$9,816
10 years$14,027$12,679$11,448$10,326$9,306$8,250
11 years$12,622$11,288$10,079$8,987$8,004$6,996
12 years$11,452$10,131$8,945$7,883$6,936$5,977
13 years$10,463$9,156$7,991$6,959$6,048$5,136
14 years$9,615$8,322$7,180$6,178$5,302$4,435
15 years$8,882$7,602$6,483$5,509$4,668$3,846
16 years$8,241$6,975$5,878$4,933$4,126$3,347
17 years$7,675$6,424$5,348$4,432$3,658$2,921
18 years$7,173$5,936$4,882$3,994$3,253$2,556
19 years$6,725$5,501$4,470$3,609$2,899$2,241
20 years$6,322$5,112$4,102$3,269$2,590$1,969
21 years$5,957$4,762$3,773$2,967$2,317$1,733
22 years$5,626$4,445$3,477$2,697$2,077$1,527
23 years$5,325$4,157$3,211$2,457$1,865$1,347
24 years$5,049$3,895$2,969$2,241$1,676$1,190
25 years$4,795$3,655$2,750$2,046$1,508$1,052
26 years$4,562$3,435$2,551$1,871$1,358$931
27 years$4,346$3,233$2,369$1,713$1,225$824
28 years$4,146$3,047$2,202$1,569$1,105$730
29 years$3,959$2,874$2,049$1,439$998$647
30 years$3,786$2,714$1,909$1,321$902$574
31 years$3,624$2,566$1,779$1,213$815$510
32 years$3,473$2,428$1,660$1,115$737$452
33 years$3,331$2,299$1,550$1,025$667$402
34 years$3,198$2,179$1,448$943$604$357
35 years$3,072$2,067$1,354$868$547$317
36 years$2,954$1,962$1,267$800$496$282
37 years$2,843$1,863$1,186$737$449$251
38 years$2,737$1,771$1,110$679$407$223
39 years$2,637$1,684$1,040$626$369$198
40 years$2,543$1,602$975$577$335$176
41 years$2,453$1,525$914$533$304$157
42 years$2,368$1,452$858$492$276$139
43 years$2,287$1,384$805$454$250$124
44 years$2,210$1,319$755$419$227$110
45 years$2,136$1,258$709$387$206$98
46 years$2,066$1,200$666$358$187$87
47 years$2,000$1,145$626$330$170$78
48 years$1,936$1,093$588$305$154$69
49 years$1,874$1,044$553$282$140$62
50 years$1,816$997$520$261$127$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,860,000, adding $3,776 every year, while hoping to spend $30,464 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: 34/41/25 Blend
44$1,860,000$1,860,000$1,860,000$1,860,000
45$2,053,615$1,955,035$1,926,205$2,107,727
46$2,230,670$2,018,418$1,958,319$2,211,917
47$2,424,764$2,083,886$1,990,489$2,321,173
48$2,637,602$2,151,509$2,022,682$2,438,388
49$2,871,064$2,221,359$2,054,868$2,564,287
50$3,127,218$2,293,511$2,087,012$2,699,671
51$3,408,343$2,368,042$2,119,076$2,845,416
52$3,716,952$2,445,034$2,151,022$3,002,488
53$4,055,808$2,524,568$2,182,809$3,171,948
54$4,427,959$2,606,730$2,214,392$3,354,963
55$4,836,761$2,691,610$2,245,724$3,552,817
56$5,285,911$2,779,300$2,276,756$3,766,922
57$5,779,483$2,869,894$2,307,436$3,998,832
58$6,321,962$2,963,490$2,337,707$4,250,255
59$6,918,293$3,060,192$2,367,511$4,523,073
60$7,573,921$3,160,104$2,396,785$4,819,355
61$8,294,847$3,263,336$2,425,464$5,141,380
62$9,087,682$3,370,000$2,453,477$5,491,655
63$9,959,710$3,480,213$2,480,752$5,872,941
64$10,918,954$3,594,097$2,507,211$6,288,277
65$11,974,256$3,711,777$2,532,772$6,741,007
66$13,135,359$3,833,383$2,557,349$7,234,817
67$14,412,996$3,959,049$2,580,850$7,773,762
68$15,818,994$4,088,915$2,603,181$8,362,308
69$17,366,383$4,223,123$2,624,239$9,005,374
70$19,069,522$4,361,824$2,643,919$9,708,377
71$20,944,232$4,505,173$2,662,109$10,477,281
72$23,007,946$4,653,328$2,678,692$11,318,658
73$25,279,871$4,806,456$2,693,543$12,239,744
74$27,781,174$4,964,729$2,706,533$13,248,509
75$30,535,177$5,128,323$2,717,525$14,353,732
76$33,567,578$5,297,424$2,726,375$15,565,086
77$36,906,695$5,472,222$2,732,933$16,893,223
78$40,583,732$5,652,915$2,737,040$18,349,879
79$44,633,072$5,839,707$2,738,530$19,947,983
80$49,092,603$6,032,811$2,737,229$21,701,775
81$54,004,076$6,232,446$2,732,953$23,626,947
82$59,413,496$6,438,840$2,725,511$25,740,784
83$65,371,558$6,652,228$2,714,701$28,062,331
84$71,934,126$6,872,856$2,700,313$30,612,569
85$79,162,758$7,100,977$2,682,124$33,414,616
86$87,125,287$7,336,854$2,659,904$36,493,940
87$95,896,465$7,580,758$2,633,409$39,878,603
88$105,558,661$7,832,972$2,602,385$43,599,523
89$116,202,646$8,093,789$2,566,566$47,690,768
90$127,928,442$8,363,511$2,525,672$52,189,873
91$140,846,273$8,642,452$2,479,412$57,138,196
92$155,077,600$8,930,940$2,427,480$62,581,307
93$170,756,270$9,229,311$2,369,555$68,569,420
94$188,029,779$9,537,916$2,305,304$75,157,862
95$207,060,661$9,857,119$2,234,376$82,407,599
96$228,028,026$10,187,295$2,156,406$90,385,806
97$251,129,248$10,528,836$2,071,009$99,166,505
98$276,581,829$10,882,147$1,977,786$108,831,260
99$304,625,452$11,247,649$1,876,318$119,469,950
100$335,524,241$11,625,776$1,766,168$131,181,611