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%12.6%
1 years$147,817$146,500$145,215$143,961$142,737$141,188
2 years$73,176$71,814$70,493$69,212$67,970$66,410
3 years$48,300$46,931$45,614$44,345$43,123$41,601
4 years$35,864$34,499$33,195$31,948$30,756$29,283
5 years$28,404$27,048$25,761$24,539$23,380$21,961
6 years$23,433$22,087$20,818$19,624$18,500$17,136
7 years$19,883$18,548$17,300$16,134$15,045$13,738
8 years$17,222$15,899$14,672$13,534$12,482$11,230
9 years$15,153$13,843$12,637$11,528$10,511$9,316
10 years$13,500$12,202$11,017$9,938$8,956$7,815
11 years$12,147$10,863$9,699$8,649$7,703$6,615
12 years$11,021$9,750$8,608$7,586$6,675$5,640
13 years$10,069$8,811$7,691$6,697$5,821$4,838
14 years$9,254$8,009$6,910$5,945$5,102$4,169
15 years$8,548$7,316$6,239$5,302$4,492$3,608
16 years$7,930$6,713$5,656$4,747$3,970$3,133
17 years$7,386$6,182$5,147$4,265$3,520$2,729
18 years$6,903$5,713$4,699$3,844$3,130$2,383
19 years$6,472$5,294$4,301$3,473$2,790$2,085
20 years$6,084$4,920$3,948$3,146$2,492$1,828
21 years$5,733$4,583$3,631$2,855$2,230$1,605
22 years$5,415$4,278$3,347$2,596$1,999$1,411
23 years$5,125$4,001$3,090$2,364$1,794$1,242
24 years$4,859$3,748$2,858$2,156$1,613$1,094
25 years$4,615$3,518$2,647$1,969$1,451$965
26 years$4,390$3,306$2,455$1,801$1,307$852
27 years$4,182$3,111$2,279$1,648$1,179$753
28 years$3,990$2,932$2,119$1,510$1,064$665
29 years$3,810$2,766$1,972$1,385$960$588
30 years$3,644$2,612$1,837$1,271$868$521
31 years$3,488$2,469$1,712$1,167$785$461
32 years$3,342$2,336$1,598$1,073$710$408
33 years$3,206$2,213$1,492$986$642$362
34 years$3,077$2,097$1,394$908$581$320
35 years$2,957$1,989$1,303$835$527$284
36 years$2,843$1,888$1,219$769$477$252
37 years$2,736$1,793$1,141$709$432$223
38 years$2,634$1,704$1,069$653$392$198
39 years$2,538$1,620$1,001$602$356$176
40 years$2,447$1,542$938$556$323$156
41 years$2,361$1,468$880$513$293$138
42 years$2,279$1,398$825$473$265$123
43 years$2,201$1,332$774$437$241$109
44 years$2,127$1,269$727$403$219$97
45 years$2,056$1,210$683$372$199$86
46 years$1,989$1,155$641$344$180$76
47 years$1,924$1,102$602$318$164$68
48 years$1,863$1,052$566$294$149$60
49 years$1,804$1,005$532$271$135$53
50 years$1,748$960$500$251$123$47

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 $6,700 every year, while hoping to spend $56,397 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: 76/5/19 Blend
44$1,790,000$1,790,000$1,790,000$1,790,000
45$1,979,491$1,884,621$1,856,876$2,120,741
46$2,121,393$1,916,962$1,859,075$2,247,492
47$2,275,879$1,948,996$1,859,458$2,378,795
48$2,444,173$1,980,651$1,857,904$2,521,268
49$2,627,621$2,011,846$1,854,287$2,676,010
50$2,827,707$2,042,495$1,848,474$2,844,231
51$3,046,062$2,072,506$1,840,327$3,027,266
52$3,284,482$2,101,780$1,829,699$3,226,587
53$3,544,944$2,130,212$1,816,438$3,443,812
54$3,829,624$2,157,689$1,800,385$3,680,730
55$4,140,919$2,184,089$1,781,372$3,939,306
56$4,481,468$2,209,284$1,759,223$4,221,710
57$4,854,175$2,233,137$1,733,754$4,530,332
58$5,262,239$2,255,499$1,704,773$4,867,806
59$5,709,184$2,276,215$1,672,079$5,237,034
60$6,198,888$2,295,117$1,635,462$5,641,217
61$6,735,624$2,312,027$1,594,699$6,083,878
62$7,324,098$2,326,756$1,549,561$6,568,906
63$7,969,491$2,339,102$1,499,806$7,100,581
64$8,677,511$2,348,850$1,445,183$7,683,624
65$9,454,447$2,355,773$1,385,425$8,323,237
66$10,307,222$2,359,628$1,320,259$9,025,153
67$11,243,466$2,360,157$1,249,395$9,795,692
68$12,271,581$2,357,086$1,172,531$10,641,818
69$13,400,825$2,350,126$1,089,353$11,571,206
70$14,641,394$2,338,966$999,531$12,592,317
71$16,004,521$2,323,282$902,721$13,714,475
72$17,502,584$2,302,724$798,564$14,947,955
73$19,149,216$2,276,925$686,684$16,304,085
74$20,959,437$2,245,496$566,689$17,795,347
75$22,949,796$2,208,021$438,169$19,435,499
76$25,138,525$2,164,065$300,698$21,239,705
77$27,545,712$2,113,161$153,829$23,224,676
78$30,193,488$2,054,820$0$25,408,832
79$33,106,239$1,988,520$0$27,813,061
80$36,310,829$1,913,712$0$30,492,468
81$39,836,862$1,829,813$0$33,440,593
82$43,716,954$1,736,205$0$36,684,722
83$47,987,042$1,632,238$0$40,254,919
84$52,686,725$1,517,222$0$44,184,309
85$57,859,633$1,390,428$0$48,509,396
86$63,553,841$1,251,085$0$53,270,404
87$69,822,324$1,098,379$0$58,511,655
88$76,723,450$931,448$0$64,281,989
89$84,321,537$749,385$0$70,635,225
90$92,687,457$551,228$0$77,630,667
91$101,899,302$335,962$0$85,333,667
92$112,043,123$102,517$0$93,816,236
93$123,213,742$0$0$103,157,730
94$135,515,644$0$0$113,453,859
95$149,063,965$0$0$124,799,488
96$163,985,574$0$0$137,295,230
97$180,420,276$0$0$151,058,173
98$198,522,124$0$0$166,217,340
99$218,460,880$0$0$182,914,906
100$240,423,607$0$0$201,307,540