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

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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$147,817$146,500$145,215$143,961$142,737$140,895
2 years$73,176$71,814$70,493$69,212$67,970$66,117
3 years$48,300$46,931$45,614$44,345$43,123$41,316
4 years$35,864$34,499$33,195$31,948$30,756$29,009
5 years$28,404$27,048$25,761$24,539$23,380$21,699
6 years$23,433$22,087$20,818$19,624$18,500$16,886
7 years$19,883$18,548$17,300$16,134$15,045$13,500
8 years$17,222$15,899$14,672$13,534$12,482$11,004
9 years$15,153$13,843$12,637$11,528$10,511$9,101
10 years$13,500$12,202$11,017$9,938$8,956$7,612
11 years$12,147$10,863$9,699$8,649$7,703$6,424
12 years$11,021$9,750$8,608$7,586$6,675$5,459
13 years$10,069$8,811$7,691$6,697$5,821$4,667
14 years$9,254$8,009$6,910$5,945$5,102$4,009
15 years$8,548$7,316$6,239$5,302$4,492$3,458
16 years$7,930$6,713$5,656$4,747$3,970$2,992
17 years$7,386$6,182$5,147$4,265$3,520$2,597
18 years$6,903$5,713$4,699$3,844$3,130$2,259
19 years$6,472$5,294$4,301$3,473$2,790$1,970
20 years$6,084$4,920$3,948$3,146$2,492$1,720
21 years$5,733$4,583$3,631$2,855$2,230$1,505
22 years$5,415$4,278$3,347$2,596$1,999$1,318
23 years$5,125$4,001$3,090$2,364$1,794$1,156
24 years$4,859$3,748$2,858$2,156$1,613$1,015
25 years$4,615$3,518$2,647$1,969$1,451$891
26 years$4,390$3,306$2,455$1,801$1,307$784
27 years$4,182$3,111$2,279$1,648$1,179$690
28 years$3,990$2,932$2,119$1,510$1,064$607
29 years$3,810$2,766$1,972$1,385$960$535
30 years$3,644$2,612$1,837$1,271$868$471
31 years$3,488$2,469$1,712$1,167$785$415
32 years$3,342$2,336$1,598$1,073$710$366
33 years$3,206$2,213$1,492$986$642$323
34 years$3,077$2,097$1,394$908$581$285
35 years$2,957$1,989$1,303$835$527$252
36 years$2,843$1,888$1,219$769$477$222
37 years$2,736$1,793$1,141$709$432$196
38 years$2,634$1,704$1,069$653$392$173
39 years$2,538$1,620$1,001$602$356$153
40 years$2,447$1,542$938$556$323$135
41 years$2,361$1,468$880$513$293$119
42 years$2,279$1,398$825$473$265$105
43 years$2,201$1,332$774$437$241$93
44 years$2,127$1,269$727$403$219$82
45 years$2,056$1,210$683$372$199$73
46 years$1,989$1,155$641$344$180$64
47 years$1,924$1,102$602$318$164$57
48 years$1,863$1,052$566$294$149$50
49 years$1,804$1,005$532$271$135$44
50 years$1,748$960$500$251$123$39

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 $4,260 every year, while hoping to spend $59,448 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: 59/16/25 Blend
44$1,790,000$1,790,000$1,790,000$1,790,000
45$1,976,974$1,882,104$1,854,359$2,080,066
46$2,115,373$1,911,075$1,853,228$2,179,788
47$2,265,897$1,939,473$1,850,066$2,281,757
48$2,429,718$1,967,207$1,844,744$2,391,707
49$2,608,130$1,994,181$1,837,123$2,510,427
50$2,802,553$2,020,289$1,827,060$2,638,786
51$3,014,551$2,045,421$1,814,404$2,777,744
52$3,245,846$2,069,458$1,798,998$2,928,359
53$3,498,334$2,092,273$1,780,676$3,091,800
54$3,774,099$2,113,730$1,759,264$3,269,355
55$4,075,440$2,133,685$1,734,582$3,462,448
56$4,404,883$2,151,983$1,706,438$3,672,646
57$4,765,212$2,168,462$1,674,635$3,901,681
58$5,159,493$2,182,945$1,638,965$4,151,463
59$5,591,099$2,195,248$1,599,208$4,424,098
60$6,063,747$2,205,171$1,555,137$4,721,911
61$6,581,530$2,212,505$1,506,515$5,047,466
62$7,148,953$2,217,025$1,453,091$5,403,591
63$7,770,982$2,218,494$1,394,604$5,793,407
64$8,453,081$2,216,660$1,330,783$6,220,354
65$9,201,273$2,211,254$1,261,342$6,688,230
66$10,022,188$2,201,991$1,185,982$7,201,222
67$10,923,132$2,188,569$1,104,393$7,763,947
68$11,912,151$2,170,668$1,016,250$8,381,501
69$12,998,108$2,147,948$921,212$9,059,501
70$14,190,766$2,120,049$818,923$9,804,142
71$15,500,881$2,086,588$709,014$10,622,260
72$16,940,302$2,047,162$591,097$11,521,389
73$18,522,081$2,001,341$464,767$12,509,839
74$20,260,598$1,948,672$329,601$13,596,777
75$22,171,696$1,888,673$185,160$14,792,307
76$24,272,828$1,820,837$30,982$16,107,574
77$26,583,223$1,744,625$0$17,554,866
78$29,124,068$1,659,468$0$19,183,358
79$31,918,703$1,564,763$0$20,983,500
80$34,992,847$1,459,872$0$22,963,633
81$38,374,834$1,344,123$0$25,142,066
82$42,095,885$1,216,802$0$27,538,975
83$46,190,397$1,077,157$0$30,176,600
84$50,696,273$924,393$0$33,079,448
85$55,655,273$757,669$0$36,274,530
86$61,113,413$576,097$0$39,791,612
87$67,121,394$378,738$0$43,663,503
88$73,735,083$164,603$0$47,926,358
89$81,016,039$0$0$52,620,024
90$89,032,091$0$0$57,800,275
91$97,857,982$0$0$63,535,965
92$107,576,069$0$0$69,851,657
93$118,277,103$0$0$76,806,352
94$130,061,084$0$0$84,465,066
95$143,038,201$0$0$92,899,440
96$157,329,877$0$0$102,188,416
97$173,069,910$0$0$112,418,984
98$190,405,737$0$0$123,687,002
99$209,499,822$0$0$136,098,099
100$230,531,195$0$0$149,768,670