Can I retire at age 45 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$156,900$155,503$154,139$152,808$151,509$146,718
2 years$77,673$76,227$74,825$73,465$72,147$67,363
3 years$51,268$49,815$48,417$47,070$45,773$41,147
4 years$38,068$36,619$35,235$33,911$32,646$28,213
5 years$30,150$28,710$27,344$26,047$24,817$20,589
6 years$24,873$23,444$22,098$20,830$19,637$15,617
7 years$21,105$19,688$18,363$17,126$15,970$12,159
8 years$18,280$16,876$15,574$14,366$13,249$9,643
9 years$16,085$14,694$13,414$12,237$11,157$7,753
10 years$14,329$12,952$11,694$10,548$9,506$6,299
11 years$12,894$11,530$10,295$9,180$8,176$5,159
12 years$11,698$10,349$9,137$8,052$7,085$4,253
13 years$10,688$9,353$8,163$7,109$6,178$3,524
14 years$9,822$8,501$7,335$6,310$5,416$2,931
15 years$9,073$7,766$6,622$5,628$4,769$2,447
16 years$8,418$7,125$6,004$5,039$4,214$2,048
17 years$7,840$6,562$5,463$4,528$3,737$1,718
18 years$7,328$6,064$4,987$4,080$3,323$1,444
19 years$6,869$5,620$4,566$3,687$2,962$1,216
20 years$6,457$5,222$4,190$3,339$2,645$1,025
21 years$6,085$4,864$3,854$3,031$2,367$865
22 years$5,747$4,540$3,552$2,755$2,122$731
23 years$5,439$4,247$3,280$2,509$1,905$618
24 years$5,157$3,979$3,033$2,289$1,712$522
25 years$4,898$3,734$2,809$2,090$1,541$442
26 years$4,660$3,509$2,606$1,911$1,388$374
27 years$4,439$3,303$2,420$1,749$1,251$317
28 years$4,235$3,112$2,249$1,603$1,129$269
29 years$4,045$2,936$2,093$1,470$1,019$228
30 years$3,868$2,773$1,950$1,349$921$193
31 years$3,702$2,621$1,818$1,239$833$164
32 years$3,548$2,480$1,696$1,139$753$139
33 years$3,403$2,349$1,583$1,047$682$118
34 years$3,266$2,226$1,479$963$617$100
35 years$3,138$2,111$1,383$887$559$85
36 years$3,018$2,004$1,294$817$507$72
37 years$2,904$1,903$1,211$752$459$61
38 years$2,796$1,809$1,134$694$416$52
39 years$2,694$1,720$1,063$640$377$44
40 years$2,598$1,636$996$590$342$37
41 years$2,506$1,558$934$544$311$32
42 years$2,419$1,484$876$502$282$27
43 years$2,336$1,414$822$464$256$23
44 years$2,257$1,347$772$428$232$19
45 years$2,182$1,285$725$395$211$16
46 years$2,111$1,226$681$365$191$14
47 years$2,043$1,170$639$337$174$12
48 years$1,977$1,117$601$312$158$10
49 years$1,915$1,066$565$288$143$9
50 years$1,855$1,019$531$266$130$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,900,000, adding $6,516 every year, while hoping to spend $56,830 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: 74/17/9 Blend
44$1,900,000$1,900,000$1,900,000$1,900,000
45$2,100,521$1,999,821$1,970,371$2,252,252
46$2,254,308$2,037,346$1,975,912$2,390,702
47$2,421,876$2,074,804$1,979,734$2,534,551
48$2,604,571$2,112,134$1,981,719$2,690,548
49$2,803,875$2,149,266$1,981,744$2,859,876
50$3,021,417$2,186,127$1,979,679$3,043,840
51$3,258,992$2,222,637$1,975,389$3,243,877
52$3,518,575$2,258,713$1,968,731$3,461,569
53$3,802,342$2,294,262$1,959,555$3,698,661
54$4,112,687$2,329,187$1,947,706$3,957,072
55$4,452,246$2,363,381$1,933,019$4,238,919
56$4,823,921$2,396,734$1,915,322$4,546,533
57$5,230,911$2,429,123$1,894,434$4,882,484
58$5,676,734$2,460,420$1,870,168$5,249,600
59$6,165,267$2,490,488$1,842,326$5,651,002
60$6,700,781$2,519,178$1,810,700$6,090,124
61$7,287,976$2,546,333$1,775,074$6,570,755
62$7,932,033$2,571,787$1,735,222$7,097,066
63$8,638,655$2,595,359$1,690,906$7,673,655
64$9,414,125$2,616,859$1,641,879$8,305,589
65$10,265,364$2,636,083$1,587,881$8,998,453
66$11,199,997$2,652,817$1,528,640$9,758,399
67$12,226,420$2,666,828$1,463,873$10,592,208
68$13,353,885$2,677,873$1,393,283$11,507,354
69$14,592,583$2,685,691$1,316,560$12,512,073
70$15,953,741$2,690,004$1,233,379$13,615,440
71$17,449,728$2,690,520$1,143,403$14,827,458
72$19,094,170$2,686,925$1,046,277$16,159,151
73$20,902,079$2,678,888$941,630$17,622,668
74$22,889,994$2,666,057$829,078$19,231,398
75$25,076,138$2,648,057$708,216$21,000,097
76$27,480,586$2,624,494$578,624$22,945,027
77$30,125,458$2,594,947$439,860$25,084,110
78$33,035,126$2,558,970$291,466$27,437,100
79$36,236,441$2,516,092$132,962$30,025,765
80$39,758,989$2,465,813$0$32,874,097
81$43,635,371$2,407,602$0$36,012,012
82$47,901,504$2,340,899$0$39,479,028
83$52,596,964$2,265,111$0$43,294,531
84$57,765,362$2,179,608$0$47,493,971
85$63,454,746$2,083,727$0$52,116,413
86$69,718,064$1,976,762$0$57,204,908
87$76,613,653$1,857,971$0$62,806,899
88$84,205,800$1,726,566$0$68,974,668
89$92,565,339$1,581,715$0$75,765,830
90$101,770,324$1,422,539$0$83,243,880
91$111,906,761$1,248,107$0$91,478,789
92$123,069,424$1,057,438$0$100,547,668
93$135,362,747$849,494$0$110,535,495
94$148,901,806$623,178$0$121,535,918
95$163,813,409$377,333$0$133,652,138
96$180,237,289$110,735$0$146,997,887
97$198,327,426$0$0$161,698,503
98$218,253,492$0$0$177,925,387
99$240,202,463$0$0$195,822,571
100$264,380,373$0$0$215,537,354