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%12.1%
1 years$156,900$155,503$154,139$152,808$151,509$150,177
2 years$77,673$76,227$74,825$73,465$72,147$70,805
3 years$51,268$49,815$48,417$47,070$45,773$44,462
4 years$38,068$36,619$35,235$33,911$32,646$31,376
5 years$30,150$28,710$27,344$26,047$24,817$23,592
6 years$24,873$23,444$22,098$20,830$19,637$18,459
7 years$21,105$19,688$18,363$17,126$15,970$14,839
8 years$18,280$16,876$15,574$14,366$13,249$12,165
9 years$16,085$14,694$13,414$12,237$11,157$10,121
10 years$14,329$12,952$11,694$10,548$9,506$8,516
11 years$12,894$11,530$10,295$9,180$8,176$7,231
12 years$11,698$10,349$9,137$8,052$7,085$6,185
13 years$10,688$9,353$8,163$7,109$6,178$5,322
14 years$9,822$8,501$7,335$6,310$5,416$4,602
15 years$9,073$7,766$6,622$5,628$4,769$3,996
16 years$8,418$7,125$6,004$5,039$4,214$3,482
17 years$7,840$6,562$5,463$4,528$3,737$3,043
18 years$7,328$6,064$4,987$4,080$3,323$2,667
19 years$6,869$5,620$4,566$3,687$2,962$2,342
20 years$6,457$5,222$4,190$3,339$2,645$2,060
21 years$6,085$4,864$3,854$3,031$2,367$1,816
22 years$5,747$4,540$3,552$2,755$2,122$1,602
23 years$5,439$4,247$3,280$2,509$1,905$1,416
24 years$5,157$3,979$3,033$2,289$1,712$1,253
25 years$4,898$3,734$2,809$2,090$1,541$1,109
26 years$4,660$3,509$2,606$1,911$1,388$983
27 years$4,439$3,303$2,420$1,749$1,251$872
28 years$4,235$3,112$2,249$1,603$1,129$774
29 years$4,045$2,936$2,093$1,470$1,019$687
30 years$3,868$2,773$1,950$1,349$921$610
31 years$3,702$2,621$1,818$1,239$833$542
32 years$3,548$2,480$1,696$1,139$753$482
33 years$3,403$2,349$1,583$1,047$682$429
34 years$3,266$2,226$1,479$963$617$382
35 years$3,138$2,111$1,383$887$559$340
36 years$3,018$2,004$1,294$817$507$303
37 years$2,904$1,903$1,211$752$459$269
38 years$2,796$1,809$1,134$694$416$240
39 years$2,694$1,720$1,063$640$377$214
40 years$2,598$1,636$996$590$342$190
41 years$2,506$1,558$934$544$311$170
42 years$2,419$1,484$876$502$282$151
43 years$2,336$1,414$822$464$256$135
44 years$2,257$1,347$772$428$232$120
45 years$2,182$1,285$725$395$211$107
46 years$2,111$1,226$681$365$191$95
47 years$2,043$1,170$639$337$174$85
48 years$1,977$1,117$601$312$158$76
49 years$1,915$1,066$565$288$143$68
50 years$1,855$1,019$531$266$130$60

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 $3,980 every year, while hoping to spend $49,012 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: 41/33/26 Blend
44$1,900,000$1,900,000$1,900,000$1,900,000
45$2,097,905$1,997,205$1,967,755$2,167,730
46$2,259,743$2,042,920$1,981,527$2,264,129
47$2,436,446$2,089,232$1,994,117$2,363,492
48$2,629,478$2,136,119$2,005,434$2,470,092
49$2,840,452$2,183,556$2,015,383$2,584,625
50$3,071,142$2,231,514$2,023,862$2,707,856
51$3,323,502$2,279,962$2,030,766$2,840,628
52$3,599,685$2,328,866$2,035,983$2,983,872
53$3,902,061$2,378,188$2,039,395$3,138,614
54$4,233,237$2,427,886$2,040,882$3,305,986
55$4,596,089$2,477,913$2,040,312$3,487,235
56$4,993,779$2,528,221$2,037,552$3,683,737
57$5,429,795$2,578,753$2,032,460$3,897,011
58$5,907,973$2,629,451$2,024,886$4,128,731
59$6,432,542$2,680,250$2,014,676$4,380,742
60$7,008,158$2,731,079$2,001,665$4,655,081
61$7,639,952$2,781,864$1,985,682$4,953,992
62$8,333,573$2,832,521$1,966,548$5,279,953
63$9,095,245$2,882,962$1,944,075$5,635,694
64$9,931,824$2,933,092$1,918,066$6,024,228
65$10,850,864$2,982,807$1,888,316$6,448,875
66$11,860,685$3,031,997$1,854,607$6,913,300
67$12,970,453$3,080,543$1,816,714$7,421,543
68$14,190,267$3,128,318$1,774,402$7,978,057
69$15,531,252$3,175,183$1,727,422$8,587,757
70$17,005,665$3,220,992$1,675,516$9,256,060
71$18,627,010$3,265,588$1,618,413$9,988,940
72$20,410,165$3,308,802$1,555,830$10,792,987
73$22,371,524$3,350,455$1,487,472$11,675,463
74$24,529,145$3,390,353$1,413,028$12,644,381
75$26,902,930$3,428,292$1,332,176$13,708,573
76$29,514,802$3,464,052$1,244,578$14,877,779
77$32,388,920$3,497,399$1,149,880$16,162,738
78$35,551,903$3,528,084$1,047,713$17,575,292
79$39,033,077$3,555,841$937,692$19,128,497
80$42,864,760$3,580,386$819,414$20,836,748
81$47,082,560$3,601,419$692,458$22,715,915
82$51,725,711$3,618,619$556,386$24,783,498
83$56,837,447$3,631,645$410,738$27,058,789
84$62,465,405$3,640,134$255,036$29,563,058
85$68,662,077$3,643,700$88,780$32,319,755
86$75,485,302$3,641,936$0$35,354,730
87$82,998,818$3,634,405$0$38,721,077
88$91,272,853$3,620,647$0$42,453,505
89$100,384,797$3,600,171$0$46,562,155
90$110,419,925$3,572,459$0$51,085,374
91$121,472,207$3,536,959$0$56,065,428
92$133,645,189$3,493,087$0$61,548,898
93$147,052,974$3,440,224$0$67,587,122
94$161,821,297$3,377,714$0$74,236,681
95$178,088,709$3,304,862$0$81,559,934
96$196,007,889$3,220,932$0$89,625,607
97$215,747,081$3,125,144$0$98,509,445
98$237,491,681$3,016,675$0$108,294,927
99$261,445,990$2,894,649$0$119,074,057
100$287,835,139$2,758,145$0$130,948,231