Can I retire at age 45 with 1,790,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$147,817$146,500$145,215$143,961$142,737$138,892
2 years$73,176$71,814$70,493$69,212$67,970$64,124
3 years$48,300$46,931$45,614$44,345$43,123$39,396
4 years$35,864$34,499$33,195$31,948$30,756$27,176
5 years$28,404$27,048$25,761$24,539$23,380$19,958
6 years$23,433$22,087$20,818$19,624$18,500$15,239
7 years$19,883$18,548$17,300$16,134$15,045$11,945
8 years$17,222$15,899$14,672$13,534$12,482$9,541
9 years$15,153$13,843$12,637$11,528$10,511$7,727
10 years$13,500$12,202$11,017$9,938$8,956$6,325
11 years$12,147$10,863$9,699$8,649$7,703$5,221
12 years$11,021$9,750$8,608$7,586$6,675$4,338
13 years$10,069$8,811$7,691$6,697$5,821$3,623
14 years$9,254$8,009$6,910$5,945$5,102$3,039
15 years$8,548$7,316$6,239$5,302$4,492$2,559
16 years$7,930$6,713$5,656$4,747$3,970$2,160
17 years$7,386$6,182$5,147$4,265$3,520$1,828
18 years$6,903$5,713$4,699$3,844$3,130$1,551
19 years$6,472$5,294$4,301$3,473$2,790$1,317
20 years$6,084$4,920$3,948$3,146$2,492$1,121
21 years$5,733$4,583$3,631$2,855$2,230$954
22 years$5,415$4,278$3,347$2,596$1,999$814
23 years$5,125$4,001$3,090$2,364$1,794$694
24 years$4,859$3,748$2,858$2,156$1,613$593
25 years$4,615$3,518$2,647$1,969$1,451$507
26 years$4,390$3,306$2,455$1,801$1,307$433
27 years$4,182$3,111$2,279$1,648$1,179$371
28 years$3,990$2,932$2,119$1,510$1,064$317
29 years$3,810$2,766$1,972$1,385$960$271
30 years$3,644$2,612$1,837$1,271$868$232
31 years$3,488$2,469$1,712$1,167$785$199
32 years$3,342$2,336$1,598$1,073$710$170
33 years$3,206$2,213$1,492$986$642$146
34 years$3,077$2,097$1,394$908$581$125
35 years$2,957$1,989$1,303$835$527$107
36 years$2,843$1,888$1,219$769$477$92
37 years$2,736$1,793$1,141$709$432$79
38 years$2,634$1,704$1,069$653$392$68
39 years$2,538$1,620$1,001$602$356$58
40 years$2,447$1,542$938$556$323$50
41 years$2,361$1,468$880$513$293$43
42 years$2,279$1,398$825$473$265$36
43 years$2,201$1,332$774$437$241$31
44 years$2,127$1,269$727$403$219$27
45 years$2,056$1,210$683$372$199$23
46 years$1,989$1,155$641$344$180$20
47 years$1,924$1,102$602$318$164$17
48 years$1,863$1,052$566$294$149$15
49 years$1,804$1,005$532$271$135$12
50 years$1,748$960$500$251$123$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,790,000, adding $2,951 every year, while hoping to spend $43,632 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: 41/33/26 Blend
44$1,790,000$1,790,000$1,790,000$1,790,000
45$1,975,624$1,880,754$1,853,009$2,041,406
46$2,130,713$1,926,487$1,868,661$2,134,815
47$2,300,160$1,972,998$1,883,374$2,231,527
48$2,485,381$2,020,280$1,897,072$2,335,362
49$2,687,939$2,068,323$1,909,674$2,447,003
50$2,909,553$2,117,115$1,921,092$2,567,198
51$3,152,116$2,166,642$1,931,237$2,696,774
52$3,417,713$2,216,889$1,940,015$2,836,643
53$3,708,640$2,267,836$1,947,325$2,987,807
54$4,027,424$2,319,463$1,953,063$3,151,375
55$4,376,849$2,371,745$1,957,119$3,328,566
56$4,759,983$2,424,656$1,959,378$3,520,726
57$5,180,203$2,478,165$1,959,718$3,729,337
58$5,641,228$2,532,240$1,958,013$3,956,035
59$6,147,156$2,586,842$1,954,129$4,202,623
60$6,702,500$2,641,931$1,947,926$4,471,088
61$7,312,231$2,697,462$1,939,258$4,763,622
62$7,981,827$2,753,386$1,927,972$5,082,640
63$8,717,319$2,809,648$1,913,905$5,430,806
64$9,525,354$2,866,189$1,896,889$5,811,059
65$10,413,253$2,922,945$1,876,747$6,226,635
66$11,389,081$2,979,846$1,853,295$6,681,105
67$12,461,725$3,036,816$1,826,338$7,178,406
68$13,640,974$3,093,773$1,795,673$7,722,878
69$14,937,612$3,150,627$1,761,087$8,319,306
70$16,363,524$3,207,283$1,722,359$8,972,966
71$17,931,800$3,263,637$1,679,255$9,689,675
72$19,656,865$3,319,576$1,631,531$10,475,847
73$21,554,612$3,374,982$1,578,934$11,338,551
74$23,642,550$3,429,724$1,521,196$12,285,584
75$25,939,973$3,483,663$1,458,039$13,325,539
76$28,468,138$3,536,650$1,389,171$14,467,892
77$31,250,468$3,588,526$1,314,288$15,723,088
78$34,312,771$3,639,119$1,233,072$17,102,643
79$37,683,484$3,688,246$1,145,190$18,619,253
80$41,393,940$3,735,711$1,050,295$20,286,915
81$45,478,665$3,781,304$948,023$22,121,056
82$49,975,702$3,824,801$837,995$24,138,688
83$54,926,971$3,865,963$719,815$26,358,561
84$60,378,662$3,904,535$593,068$28,801,346
85$66,381,673$3,940,245$457,324$31,489,829
86$72,992,090$3,972,804$312,130$34,449,130
87$80,271,713$4,001,901$157,016$37,706,939
88$88,288,642$4,027,208$0$41,293,778
89$97,117,918$4,048,376$0$45,245,657
90$106,842,231$4,065,032$0$49,643,941
91$117,552,700$4,076,780$0$54,486,055
92$129,349,732$4,083,199$0$59,817,220
93$142,343,972$4,083,843$0$65,687,270
94$156,657,342$4,078,236$0$72,151,126
95$172,424,195$4,065,874$0$79,269,318
96$189,792,584$4,046,222$0$87,108,550
97$208,925,653$4,018,713$0$95,742,338
98$230,003,183$3,982,743$0$105,251,699
99$253,223,286$3,937,676$0$115,725,923
100$278,804,272$3,882,833$0$127,263,411