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%15.3%
1 years$147,817$146,500$145,215$143,961$142,737$139,627
2 years$73,176$71,814$70,493$69,212$67,970$64,852
3 years$48,300$46,931$45,614$44,345$43,123$40,095
4 years$35,864$34,499$33,195$31,948$30,756$27,841
5 years$28,404$27,048$25,761$24,539$23,380$20,586
6 years$23,433$22,087$20,818$19,624$18,500$15,830
7 years$19,883$18,548$17,300$16,134$15,045$12,500
8 years$17,222$15,899$14,672$13,534$12,482$10,060
9 years$15,153$13,843$12,637$11,528$10,511$8,212
10 years$13,500$12,202$11,017$9,938$8,956$6,777
11 years$12,147$10,863$9,699$8,649$7,703$5,640
12 years$11,021$9,750$8,608$7,586$6,675$4,726
13 years$10,069$8,811$7,691$6,697$5,821$3,982
14 years$9,254$8,009$6,910$5,945$5,102$3,370
15 years$8,548$7,316$6,239$5,302$4,492$2,863
16 years$7,930$6,713$5,656$4,747$3,970$2,440
17 years$7,386$6,182$5,147$4,265$3,520$2,084
18 years$6,903$5,713$4,699$3,844$3,130$1,785
19 years$6,472$5,294$4,301$3,473$2,790$1,531
20 years$6,084$4,920$3,948$3,146$2,492$1,315
21 years$5,733$4,583$3,631$2,855$2,230$1,132
22 years$5,415$4,278$3,347$2,596$1,999$975
23 years$5,125$4,001$3,090$2,364$1,794$840
24 years$4,859$3,748$2,858$2,156$1,613$725
25 years$4,615$3,518$2,647$1,969$1,451$626
26 years$4,390$3,306$2,455$1,801$1,307$541
27 years$4,182$3,111$2,279$1,648$1,179$467
28 years$3,990$2,932$2,119$1,510$1,064$404
29 years$3,810$2,766$1,972$1,385$960$350
30 years$3,644$2,612$1,837$1,271$868$303
31 years$3,488$2,469$1,712$1,167$785$262
32 years$3,342$2,336$1,598$1,073$710$227
33 years$3,206$2,213$1,492$986$642$196
34 years$3,077$2,097$1,394$908$581$170
35 years$2,957$1,989$1,303$835$527$147
36 years$2,843$1,888$1,219$769$477$128
37 years$2,736$1,793$1,141$709$432$111
38 years$2,634$1,704$1,069$653$392$96
39 years$2,538$1,620$1,001$602$356$83
40 years$2,447$1,542$938$556$323$72
41 years$2,361$1,468$880$513$293$63
42 years$2,279$1,398$825$473$265$54
43 years$2,201$1,332$774$437$241$47
44 years$2,127$1,269$727$403$219$41
45 years$2,056$1,210$683$372$199$35
46 years$1,989$1,155$641$344$180$31
47 years$1,924$1,102$602$318$164$27
48 years$1,863$1,052$566$294$149$23
49 years$1,804$1,005$532$271$135$20
50 years$1,748$960$500$251$123$17

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 $5,138 every year, while hoping to spend $33,395 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: 66/22/12 Blend
44$1,790,000$1,790,000$1,790,000$1,790,000
45$1,977,880$1,883,010$1,855,265$2,102,767
46$2,144,092$1,939,745$1,881,884$2,243,404
47$2,326,138$1,998,142$1,908,276$2,392,652
48$2,525,598$2,058,245$1,934,397$2,554,928
49$2,744,212$2,120,102$1,960,203$2,731,504
50$2,983,897$2,183,762$1,985,645$2,923,779
51$3,246,762$2,249,274$2,010,672$3,133,293
52$3,535,133$2,316,689$2,035,230$3,361,742
53$3,851,569$2,386,060$2,059,263$3,610,993
54$4,198,891$2,457,439$2,082,710$3,883,102
55$4,580,205$2,530,881$2,105,509$4,180,334
56$4,998,934$2,606,442$2,127,591$4,505,182
57$5,458,847$2,684,179$2,148,887$4,860,393
58$5,964,097$2,764,151$2,169,322$5,248,991
59$6,519,258$2,846,418$2,188,818$5,674,307
60$7,129,371$2,931,041$2,207,292$6,140,013
61$7,799,988$3,018,083$2,224,657$6,650,148
62$8,537,225$3,107,607$2,240,821$7,209,167
63$9,347,821$3,199,680$2,255,689$7,821,974
64$10,239,203$3,294,368$2,269,158$8,493,972
65$11,219,549$3,391,740$2,281,122$9,231,113
66$12,297,873$3,491,865$2,291,470$10,039,955
67$13,484,105$3,594,815$2,300,083$10,927,723
68$14,789,186$3,700,663$2,306,837$11,902,376
69$16,225,170$3,809,483$2,311,604$12,972,683
70$17,805,341$3,921,351$2,314,246$14,148,305
71$19,544,333$4,036,345$2,314,621$15,439,887
72$21,458,272$4,154,543$2,312,578$16,859,157
73$23,564,926$4,276,025$2,307,959$18,419,038
74$25,883,873$4,400,875$2,300,600$20,133,767
75$28,436,685$4,529,175$2,290,328$22,019,032
76$31,247,133$4,661,010$2,276,959$24,092,120
77$34,341,408$4,796,468$2,260,305$26,372,077
78$37,748,372$4,935,635$2,240,166$28,879,889
79$41,499,827$5,078,602$2,216,332$31,638,684
80$45,630,816$5,225,460$2,188,586$34,673,941
81$50,179,952$5,376,301$2,156,697$38,013,739
82$55,189,787$5,531,219$2,120,426$41,689,017
83$60,707,206$5,690,309$2,079,521$45,733,869
84$66,783,876$5,853,669$2,033,720$50,185,862
85$73,476,729$6,021,397$1,982,747$55,086,394
86$80,848,502$6,193,592$1,926,315$60,481,080
87$88,968,325$6,370,354$1,864,123$66,420,187
88$97,912,378$6,551,785$1,795,855$72,959,108
89$107,764,608$6,737,990$1,721,183$80,158,881
90$118,617,517$6,929,071$1,639,762$88,086,768
91$130,573,042$7,125,134$1,551,233$96,816,889
92$143,743,512$7,326,285$1,455,219$106,430,920
93$158,252,709$7,532,631$1,351,326$117,018,867
94$174,237,035$7,744,279$1,239,146$128,679,914
95$191,846,802$7,961,339$1,118,247$141,523,356
96$211,247,651$8,183,919$988,183$155,669,638
97$232,622,108$8,412,128$848,484$171,251,482
98$256,171,317$8,646,077$698,662$188,415,150
99$282,116,931$8,885,873$538,207$207,321,815
100$310,703,205$9,131,629$366,584$228,149,090