Can I retire at age 45 with 1,890,000?

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$156,074$154,684$153,328$152,004$150,711$146,474
2 years$77,265$75,826$74,431$73,079$71,767$67,531
3 years$50,998$49,553$48,162$46,822$45,532$41,429
4 years$37,867$36,427$35,049$33,733$32,474$28,535
5 years$29,991$28,559$27,200$25,910$24,686$20,923
6 years$24,742$23,320$21,981$20,720$19,533$15,949
7 years$20,994$19,585$18,267$17,035$15,886$12,481
8 years$18,184$16,788$15,492$14,291$13,179$9,951
9 years$16,000$14,617$13,343$12,172$11,098$8,045
10 years$14,254$12,884$11,633$10,493$9,456$6,573
11 years$12,826$11,470$10,241$9,132$8,133$5,415
12 years$11,637$10,295$9,089$8,010$7,048$4,490
13 years$10,632$9,303$8,120$7,071$6,146$3,743
14 years$9,771$8,456$7,296$6,277$5,387$3,133
15 years$9,025$7,725$6,587$5,598$4,743$2,632
16 years$8,373$7,088$5,972$5,013$4,192$2,218
17 years$7,799$6,527$5,435$4,504$3,717$1,873
18 years$7,289$6,032$4,961$4,059$3,305$1,585
19 years$6,833$5,590$4,542$3,667$2,946$1,343
20 years$6,424$5,195$4,168$3,322$2,631$1,140
21 years$6,053$4,839$3,834$3,015$2,355$969
22 years$5,717$4,517$3,534$2,741$2,111$824
23 years$5,411$4,224$3,263$2,496$1,895$702
24 years$5,130$3,958$3,017$2,277$1,703$598
25 years$4,873$3,714$2,795$2,079$1,532$509
26 years$4,635$3,491$2,592$1,901$1,380$435
27 years$4,416$3,285$2,407$1,740$1,245$371
28 years$4,212$3,096$2,237$1,594$1,123$316
29 years$4,023$2,920$2,082$1,462$1,014$270
30 years$3,847$2,758$1,939$1,342$916$231
31 years$3,683$2,607$1,808$1,232$828$197
32 years$3,529$2,467$1,687$1,133$749$168
33 years$3,385$2,336$1,575$1,041$678$144
34 years$3,249$2,214$1,472$958$614$123
35 years$3,122$2,100$1,376$882$556$105
36 years$3,002$1,993$1,287$812$504$90
37 years$2,888$1,893$1,205$749$457$77
38 years$2,781$1,799$1,128$690$414$66
39 years$2,680$1,711$1,057$636$375$56
40 years$2,584$1,628$991$587$341$48
41 years$2,493$1,550$929$541$309$41
42 years$2,406$1,476$871$500$280$35
43 years$2,324$1,406$818$461$254$30
44 years$2,246$1,340$768$426$231$26
45 years$2,171$1,278$721$393$210$22
46 years$2,100$1,219$677$363$190$19
47 years$2,032$1,164$636$336$173$16
48 years$1,967$1,111$598$310$157$14
49 years$1,905$1,061$562$287$143$12
50 years$1,845$1,013$528$265$129$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,890,000, adding $5,716 every year, while hoping to spend $30,645 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: 39/48/13 Blend
44$1,890,000$1,890,000$1,890,000$1,890,000
45$2,088,676$1,988,506$1,959,211$2,161,755
46$2,269,115$2,053,337$1,992,239$2,278,990
47$2,466,932$2,120,317$2,025,345$2,402,251
48$2,683,866$2,189,520$2,058,502$2,534,856
49$2,921,835$2,261,021$2,091,676$2,677,664
50$3,182,949$2,334,899$2,124,835$2,831,616
51$3,469,535$2,411,233$2,157,941$2,997,747
52$3,784,153$2,490,109$2,190,958$3,177,196
53$4,129,624$2,571,612$2,223,843$3,371,214
54$4,509,058$2,655,833$2,256,554$3,581,175
55$4,925,878$2,742,865$2,289,044$3,808,592
56$5,383,855$2,832,803$2,321,265$4,055,128
57$5,887,146$2,925,748$2,353,164$4,322,612
58$6,440,327$3,021,802$2,384,688$4,613,057
59$7,048,443$3,121,073$2,415,777$4,928,675
60$7,717,049$3,223,671$2,446,371$5,271,904
61$8,452,268$3,329,710$2,476,404$5,645,421
62$9,260,844$3,439,310$2,505,808$6,052,178
63$10,150,207$3,552,594$2,534,510$6,495,420
64$11,128,545$3,669,688$2,562,433$6,978,718
65$12,204,879$3,790,725$2,589,497$7,506,007
66$13,389,147$3,915,841$2,615,616$8,081,615
67$14,692,301$4,045,178$2,640,700$8,710,308
68$16,126,407$4,178,883$2,664,654$9,397,332
69$17,704,759$4,317,107$2,687,379$10,148,466
70$19,442,007$4,460,008$2,708,769$10,970,069
71$21,354,293$4,607,749$2,728,713$11,869,148
72$23,459,401$4,760,499$2,747,096$12,853,415
73$25,776,930$4,918,434$2,763,794$13,931,365
74$28,328,475$5,081,734$2,778,678$15,112,353
75$31,137,829$5,250,589$2,791,613$16,406,682
76$34,231,212$5,425,193$2,802,457$17,825,701
77$37,637,516$5,605,748$2,811,060$19,381,907
78$41,388,577$5,792,463$2,817,265$21,089,069
79$45,519,475$5,985,558$2,820,907$22,962,350
80$50,068,867$6,185,255$2,821,812$25,018,454
81$55,079,348$6,391,789$2,819,800$27,275,782
82$60,597,857$6,605,403$2,814,679$29,754,603
83$66,676,118$6,826,346$2,806,249$32,477,247
84$73,371,125$7,054,881$2,794,302$35,468,312
85$80,745,685$7,291,275$2,778,617$38,754,899
86$88,869,008$7,535,811$2,758,963$42,366,861
87$97,817,358$7,788,777$2,735,100$46,337,091
88$107,674,777$8,050,475$2,706,774$50,701,825
89$118,533,874$8,321,219$2,673,721$55,500,987
90$130,496,702$8,601,331$2,635,663$60,778,564
91$143,675,718$8,891,148$2,592,310$66,583,017
92$158,194,846$9,191,020$2,543,358$72,967,743
93$174,190,649$9,501,308$2,488,488$79,991,573
94$191,813,610$9,822,387$2,427,368$87,719,326
95$211,229,563$10,154,648$2,359,649$96,222,424
96$232,621,248$10,498,496$2,284,967$105,579,560
97$256,190,042$10,854,349$2,202,940$115,877,442
98$282,157,858$11,222,644$2,113,171$127,211,612
99$310,769,240$11,603,834$2,015,242$139,687,339
100$342,293,667$11,998,386$1,908,717$153,420,620