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%19.9%
1 years$155,249$153,866$152,517$151,200$149,914$143,966
2 years$76,856$75,424$74,037$72,692$71,388$65,469
3 years$50,728$49,291$47,907$46,575$45,291$39,588
4 years$37,667$36,234$34,864$33,554$32,302$26,858
5 years$29,832$28,408$27,056$25,773$24,556$19,384
6 years$24,611$23,197$21,865$20,611$19,430$14,535
7 years$20,883$19,481$18,170$16,945$15,802$11,181
8 years$18,088$16,699$15,410$14,215$13,109$8,758
9 years$15,915$14,539$13,272$12,108$11,040$6,952
10 years$14,178$12,816$11,571$10,437$9,406$5,573
11 years$12,758$11,409$10,187$9,084$8,090$4,503
12 years$11,575$10,240$9,041$7,967$7,010$3,660
13 years$10,575$9,254$8,077$7,034$6,113$2,989
14 years$9,719$8,412$7,257$6,244$5,359$2,451
15 years$8,977$7,684$6,553$5,569$4,718$2,015
16 years$8,329$7,050$5,941$4,986$4,170$1,661
17 years$7,758$6,493$5,406$4,480$3,697$1,372
18 years$7,250$6,000$4,935$4,037$3,288$1,136
19 years$6,797$5,560$4,518$3,648$2,930$941
20 years$6,390$5,167$4,146$3,304$2,617$781
21 years$6,021$4,813$3,814$2,999$2,342$648
22 years$5,687$4,493$3,515$2,726$2,100$538
23 years$5,382$4,202$3,245$2,483$1,885$448
24 years$5,103$3,937$3,001$2,265$1,694$372
25 years$4,847$3,695$2,780$2,068$1,524$310
26 years$4,611$3,472$2,578$1,891$1,373$258
27 years$4,392$3,268$2,394$1,731$1,238$215
28 years$4,190$3,079$2,226$1,586$1,117$179
29 years$4,002$2,905$2,071$1,454$1,009$149
30 years$3,827$2,743$1,929$1,335$911$124
31 years$3,663$2,593$1,799$1,226$824$104
32 years$3,510$2,454$1,678$1,127$745$86
33 years$3,367$2,324$1,567$1,036$675$72
34 years$3,232$2,203$1,464$953$611$60
35 years$3,105$2,089$1,369$877$553$50
36 years$2,986$1,983$1,280$808$501$42
37 years$2,873$1,883$1,198$745$454$35
38 years$2,767$1,790$1,122$686$412$29
39 years$2,666$1,702$1,051$633$373$24
40 years$2,570$1,619$985$584$339$20
41 years$2,480$1,541$924$538$307$17
42 years$2,394$1,468$867$497$279$14
43 years$2,312$1,399$813$459$253$12
44 years$2,234$1,333$764$424$230$10
45 years$2,159$1,271$717$391$209$8
46 years$2,089$1,213$673$361$189$7
47 years$2,021$1,157$633$334$172$6
48 years$1,956$1,105$594$308$156$5
49 years$1,895$1,055$559$285$142$4
50 years$1,836$1,008$525$264$129$3

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 $3,711 every year, while hoping to spend $49,369 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: 65/19/16 Blend
44$1,880,000$1,880,000$1,880,000$1,880,000
45$2,075,588$1,975,948$1,946,808$2,202,184
46$2,234,770$2,020,241$1,959,498$2,331,695
47$2,408,533$2,065,050$1,970,958$2,467,122
48$2,598,314$2,110,348$1,981,095$2,613,905
49$2,805,692$2,156,105$1,989,812$2,773,154
50$3,032,406$2,202,288$1,997,005$2,946,090
51$3,280,372$2,248,861$2,002,565$3,134,062
52$3,551,699$2,295,783$2,006,379$3,338,552
53$3,848,708$2,343,012$2,008,328$3,561,197
54$4,173,955$2,390,499$2,008,287$3,803,796
55$4,530,258$2,438,193$2,006,124$4,068,335
56$4,920,716$2,486,036$2,001,701$4,357,001
57$5,348,744$2,533,967$1,994,873$4,672,205
58$5,818,104$2,581,919$1,985,489$5,016,602
59$6,332,938$2,629,820$1,973,390$5,393,118
60$6,897,809$2,677,593$1,958,410$5,804,980
61$7,517,742$2,725,151$1,940,373$6,255,741
62$8,198,273$2,772,406$1,919,098$6,749,319
63$8,945,501$2,819,258$1,894,391$7,290,031
64$9,766,143$2,865,602$1,866,054$7,882,635
65$10,667,599$2,911,326$1,833,876$8,532,374
66$11,658,020$2,956,307$1,797,637$9,245,028
67$12,746,388$3,000,416$1,757,108$10,026,964
68$13,942,596$3,043,512$1,712,047$10,885,203
69$15,257,543$3,085,447$1,662,203$11,827,480
70$16,703,238$3,126,059$1,607,312$12,862,323
71$18,292,911$3,165,179$1,547,100$13,999,127
72$20,041,137$3,202,622$1,481,278$15,248,252
73$21,963,977$3,238,194$1,409,544$16,621,110
74$24,079,124$3,271,687$1,331,585$18,130,283
75$26,406,072$3,302,877$1,247,071$19,789,637
76$28,966,302$3,331,529$1,155,658$21,614,454
77$31,783,480$3,357,389$1,056,988$23,621,576
78$34,883,683$3,380,189$950,685$25,829,567
79$38,295,642$3,399,641$836,356$28,258,887
80$42,051,017$3,415,443$713,593$30,932,084
81$46,184,690$3,427,269$581,968$33,874,010
82$50,735,098$3,434,775$441,034$37,112,055
83$55,744,595$3,437,596$290,325$40,676,408
84$61,259,847$3,435,342$129,355$44,600,338
85$67,332,279$3,427,601$0$48,920,514
86$74,018,552$3,413,934$0$53,684,593
87$81,381,104$3,393,876$0$58,953,908
88$89,488,735$3,366,934$0$64,755,537
89$98,417,257$3,332,586$0$71,143,677
90$108,250,210$3,290,275$0$78,178,059
91$119,079,647$3,239,414$0$85,924,501
92$131,007,006$3,179,380$0$94,455,539
93$144,144,065$3,109,514$0$103,851,108
94$158,613,995$3,029,116$0$114,199,295
95$174,552,527$2,937,447$0$125,597,176
96$192,109,225$2,833,723$0$138,151,727
97$211,448,906$2,717,115$0$151,980,841
98$232,753,187$2,586,746$0$167,214,434
99$256,222,204$2,441,688$0$183,995,680
100$282,076,499$2,280,961$0$202,482,354