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%15.1%
1 years$156,900$155,503$154,139$152,808$151,509$148,328
2 years$77,673$76,227$74,825$73,465$72,147$68,958
3 years$51,268$49,815$48,417$47,070$45,773$42,675
4 years$38,068$36,619$35,235$33,911$32,646$29,662
5 years$30,150$28,710$27,344$26,047$24,817$21,956
6 years$24,873$23,444$22,098$20,830$19,637$16,902
7 years$21,105$19,688$18,363$17,126$15,970$13,362
8 years$18,280$16,876$15,574$14,366$13,249$10,766
9 years$16,085$14,694$13,414$12,237$11,157$8,799
10 years$14,329$12,952$11,694$10,548$9,506$7,270
11 years$12,894$11,530$10,295$9,180$8,176$6,058
12 years$11,698$10,349$9,137$8,052$7,085$5,083
13 years$10,688$9,353$8,163$7,109$6,178$4,289
14 years$9,822$8,501$7,335$6,310$5,416$3,635
15 years$9,073$7,766$6,622$5,628$4,769$3,092
16 years$8,418$7,125$6,004$5,039$4,214$2,639
17 years$7,840$6,562$5,463$4,528$3,737$2,257
18 years$7,328$6,064$4,987$4,080$3,323$1,936
19 years$6,869$5,620$4,566$3,687$2,962$1,663
20 years$6,457$5,222$4,190$3,339$2,645$1,431
21 years$6,085$4,864$3,854$3,031$2,367$1,233
22 years$5,747$4,540$3,552$2,755$2,122$1,063
23 years$5,439$4,247$3,280$2,509$1,905$918
24 years$5,157$3,979$3,033$2,289$1,712$793
25 years$4,898$3,734$2,809$2,090$1,541$686
26 years$4,660$3,509$2,606$1,911$1,388$594
27 years$4,439$3,303$2,420$1,749$1,251$514
28 years$4,235$3,112$2,249$1,603$1,129$445
29 years$4,045$2,936$2,093$1,470$1,019$386
30 years$3,868$2,773$1,950$1,349$921$334
31 years$3,702$2,621$1,818$1,239$833$290
32 years$3,548$2,480$1,696$1,139$753$252
33 years$3,403$2,349$1,583$1,047$682$218
34 years$3,266$2,226$1,479$963$617$189
35 years$3,138$2,111$1,383$887$559$164
36 years$3,018$2,004$1,294$817$507$143
37 years$2,904$1,903$1,211$752$459$124
38 years$2,796$1,809$1,134$694$416$108
39 years$2,694$1,720$1,063$640$377$93
40 years$2,598$1,636$996$590$342$81
41 years$2,506$1,558$934$544$311$70
42 years$2,419$1,484$876$502$282$61
43 years$2,336$1,414$822$464$256$53
44 years$2,257$1,347$772$428$232$46
45 years$2,182$1,285$725$395$211$40
46 years$2,111$1,226$681$365$191$35
47 years$2,043$1,170$639$337$174$30
48 years$1,977$1,117$601$312$158$26
49 years$1,915$1,066$565$288$143$23
50 years$1,855$1,019$531$266$130$20

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 $3,752 every year, while hoping to spend $44,481 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: 69/7/24 Blend
44$1,900,000$1,900,000$1,900,000$1,900,000
45$2,097,670$1,996,970$1,967,520$2,229,371
46$2,264,305$2,047,494$1,986,105$2,368,587
47$2,446,446$2,099,003$2,003,821$2,515,382
48$2,645,627$2,151,498$2,020,593$2,674,976
49$2,863,539$2,204,980$2,036,341$2,848,635
50$3,102,042$2,259,445$2,050,980$3,037,752
51$3,363,184$2,314,892$2,064,421$3,243,863
52$3,649,222$2,371,314$2,076,572$3,468,660
53$3,962,639$2,428,706$2,087,335$3,714,007
54$4,306,174$2,487,058$2,096,605$3,981,960
55$4,682,838$2,546,358$2,104,276$4,274,781
56$5,095,951$2,606,593$2,110,233$4,594,966
57$5,549,168$2,667,747$2,114,356$4,945,263
58$6,046,517$2,729,800$2,116,521$5,328,702
59$6,592,432$2,792,731$2,116,595$5,748,622
60$7,191,800$2,856,514$2,114,440$6,208,701
61$7,850,002$2,921,121$2,109,912$6,712,993
62$8,572,966$2,986,521$2,102,859$7,265,968
63$9,367,225$3,052,676$2,093,120$7,872,549
64$10,239,971$3,119,547$2,080,529$8,538,162
65$11,199,133$3,187,089$2,064,911$9,268,788
66$12,253,441$3,255,253$2,046,083$10,071,018
67$13,412,517$3,323,985$2,023,852$10,952,116
68$14,686,959$3,393,226$1,998,016$11,920,087
69$16,088,445$3,462,910$1,968,365$12,983,752
70$17,629,840$3,532,966$1,934,679$14,152,836
71$19,325,319$3,603,317$1,896,726$15,438,053
72$21,190,500$3,673,878$1,854,265$16,851,213
73$23,242,590$3,744,557$1,807,042$18,405,332
74$25,500,549$3,815,255$1,754,793$20,114,752
75$27,985,267$3,885,865$1,697,241$21,995,283
76$30,719,762$3,956,270$1,634,096$24,064,345
77$33,729,396$4,026,345$1,565,056$26,341,140
78$37,042,112$4,095,954$1,489,803$28,846,829
79$40,688,704$4,164,952$1,408,008$31,604,732
80$44,703,100$4,233,182$1,319,324$34,640,550
81$49,122,684$4,300,477$1,223,390$37,982,610
82$53,988,652$4,366,654$1,119,828$41,662,128
83$59,346,396$4,431,522$1,008,243$45,713,507
84$65,245,933$4,494,871$888,223$50,174,664
85$71,742,378$4,556,479$759,339$55,087,383
86$78,896,463$4,616,109$621,139$60,497,715
87$86,775,110$4,673,507$473,156$66,456,411
88$95,452,063$4,728,400$314,898$73,019,404
89$105,008,580$4,780,498$145,853$80,248,333
90$115,534,205$4,829,492$0$88,211,131
91$127,127,608$4,875,051$0$96,991,509
92$139,897,519$4,916,824$0$106,703,561
93$153,963,752$4,954,434$0$117,400,973
94$169,458,336$4,987,483$0$129,184,107
95$186,526,762$5,015,546$0$142,163,560
96$205,329,353$5,038,169$0$156,461,203
97$226,042,780$5,054,872$0$172,211,337
98$248,861,726$5,065,143$0$189,561,956
99$274,000,725$5,068,438$0$208,676,148
100$301,696,189$5,064,181$0$229,733,630