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%13.3%
1 years$156,074$154,684$153,328$152,004$150,711$148,643
2 years$77,265$75,826$74,431$73,079$71,767$69,687
3 years$50,998$49,553$48,162$46,822$45,532$43,505
4 years$37,867$36,427$35,049$33,733$32,474$30,515
5 years$29,991$28,559$27,200$25,910$24,686$22,802
6 years$24,742$23,320$21,981$20,720$19,533$17,725
7 years$20,994$19,585$18,267$17,035$15,886$14,155
8 years$18,184$16,788$15,492$14,291$13,179$11,525
9 years$16,000$14,617$13,343$12,172$11,098$9,520
10 years$14,254$12,884$11,633$10,493$9,456$7,953
11 years$12,826$11,470$10,241$9,132$8,133$6,703
12 years$11,637$10,295$9,089$8,010$7,048$5,690
13 years$10,632$9,303$8,120$7,071$6,146$4,858
14 years$9,771$8,456$7,296$6,277$5,387$4,167
15 years$9,025$7,725$6,587$5,598$4,743$3,589
16 years$8,373$7,088$5,972$5,013$4,192$3,102
17 years$7,799$6,527$5,435$4,504$3,717$2,688
18 years$7,289$6,032$4,961$4,059$3,305$2,335
19 years$6,833$5,590$4,542$3,667$2,946$2,033
20 years$6,424$5,195$4,168$3,322$2,631$1,773
21 years$6,053$4,839$3,834$3,015$2,355$1,549
22 years$5,717$4,517$3,534$2,741$2,111$1,354
23 years$5,411$4,224$3,263$2,496$1,895$1,186
24 years$5,130$3,958$3,017$2,277$1,703$1,039
25 years$4,873$3,714$2,795$2,079$1,532$912
26 years$4,635$3,491$2,592$1,901$1,380$800
27 years$4,416$3,285$2,407$1,740$1,245$703
28 years$4,212$3,096$2,237$1,594$1,123$618
29 years$4,023$2,920$2,082$1,462$1,014$543
30 years$3,847$2,758$1,939$1,342$916$478
31 years$3,683$2,607$1,808$1,232$828$421
32 years$3,529$2,467$1,687$1,133$749$370
33 years$3,385$2,336$1,575$1,041$678$326
34 years$3,249$2,214$1,472$958$614$287
35 years$3,122$2,100$1,376$882$556$253
36 years$3,002$1,993$1,287$812$504$223
37 years$2,888$1,893$1,205$749$457$197
38 years$2,781$1,799$1,128$690$414$173
39 years$2,680$1,711$1,057$636$375$153
40 years$2,584$1,628$991$587$341$135
41 years$2,493$1,550$929$541$309$119
42 years$2,406$1,476$871$500$280$105
43 years$2,324$1,406$818$461$254$92
44 years$2,246$1,340$768$426$231$82
45 years$2,171$1,278$721$393$210$72
46 years$2,100$1,219$677$363$190$64
47 years$2,032$1,164$636$336$173$56
48 years$1,967$1,111$598$310$157$49
49 years$1,905$1,061$562$287$143$44
50 years$1,845$1,013$528$265$129$38

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 $2,653 every year, while hoping to spend $48,199 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: 81/6/13 Blend
44$1,890,000$1,890,000$1,890,000$1,890,000
45$2,085,517$1,985,347$1,956,052$2,249,091
46$2,246,956$2,031,345$1,970,296$2,402,861
47$2,423,247$2,077,982$1,983,402$2,565,063
48$2,615,853$2,125,238$1,995,281$2,741,707
49$2,826,386$2,173,091$2,005,839$2,934,218
50$3,056,620$2,221,516$2,014,978$3,144,165
51$3,308,510$2,270,484$2,022,594$3,373,277
52$3,584,206$2,319,966$2,028,579$3,623,456
53$3,886,077$2,369,927$2,032,818$3,896,802
54$4,216,732$2,420,328$2,035,193$4,195,623
55$4,579,043$2,471,129$2,035,576$4,522,464
56$4,976,175$2,522,283$2,033,837$4,880,130
57$5,411,611$2,573,741$2,029,837$5,271,708
58$5,889,189$2,625,449$2,023,431$5,700,602
59$6,413,137$2,677,346$2,014,466$6,170,561
60$6,988,110$2,729,369$2,002,783$6,685,715
61$7,619,236$2,781,447$1,988,216$7,250,616
62$8,312,165$2,833,504$1,970,587$7,870,277
63$9,073,119$2,885,459$1,949,715$8,550,224
64$9,908,953$2,937,223$1,925,407$9,296,545
65$10,827,219$2,988,700$1,897,462$10,115,947
66$11,836,237$3,039,788$1,865,668$11,015,822
67$12,945,170$3,090,375$1,829,805$12,004,314
68$14,164,117$3,140,342$1,789,642$13,090,397
69$15,504,199$3,189,562$1,744,938$14,283,961
70$16,977,674$3,237,896$1,695,440$15,595,902
71$18,598,042$3,285,199$1,640,882$17,038,228
72$20,380,181$3,331,312$1,580,990$18,624,171
73$22,340,479$3,376,066$1,515,473$20,368,312
74$24,496,995$3,419,281$1,444,029$22,286,719
75$26,869,627$3,460,763$1,366,342$24,397,096
76$29,480,296$3,500,308$1,282,081$26,718,957
77$32,353,157$3,537,694$1,190,902$29,273,801
78$35,514,825$3,572,687$1,092,443$32,085,323
79$38,994,625$3,605,036$986,328$35,179,633
80$42,824,869$3,634,475$872,162$38,585,504
81$47,041,161$3,660,720$749,535$42,334,644
82$51,682,731$3,683,467$618,017$46,461,994
83$56,792,809$3,702,396$477,159$51,006,061
84$62,419,024$3,717,162$326,493$56,009,278
85$68,613,864$3,727,403$165,530$61,518,407
86$75,435,163$3,732,731$0$67,584,979
87$82,946,650$3,732,734$0$74,266,649
88$91,218,546$3,726,976$0$81,649,690
89$100,328,233$3,714,993$0$89,780,161
90$110,360,978$3,696,293$0$98,734,140
91$121,410,740$3,670,353$0$108,595,465
92$133,581,055$3,636,620$0$119,456,518
93$146,986,014$3,594,507$0$131,419,104
94$161,751,340$3,543,390$0$144,595,403
95$178,015,570$3,482,610$0$159,109,037
96$195,931,369$3,411,468$0$175,096,231
97$215,666,962$3,329,223$0$192,707,101
98$237,407,730$3,235,093$0$212,107,072
99$261,357,952$3,128,246$0$233,478,434
100$287,742,738$3,007,805$0$257,022,069