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%11.1%
1 years$156,900$155,503$154,139$152,808$151,509$150,807
2 years$77,673$76,227$74,825$73,465$72,147$71,439
3 years$51,268$49,815$48,417$47,070$45,773$45,080
4 years$38,068$36,619$35,235$33,911$32,646$31,973
5 years$30,150$28,710$27,344$26,047$24,817$24,167
6 years$24,873$23,444$22,098$20,830$19,637$19,010
7 years$21,105$19,688$18,363$17,126$15,970$15,367
8 years$18,280$16,876$15,574$14,366$13,249$12,670
9 years$16,085$14,694$13,414$12,237$11,157$10,602
10 years$14,329$12,952$11,694$10,548$9,506$8,975
11 years$12,894$11,530$10,295$9,180$8,176$7,668
12 years$11,698$10,349$9,137$8,052$7,085$6,600
13 years$10,688$9,353$8,163$7,109$6,178$5,715
14 years$9,822$8,501$7,335$6,310$5,416$4,974
15 years$9,073$7,766$6,622$5,628$4,769$4,348
16 years$8,418$7,125$6,004$5,039$4,214$3,815
17 years$7,840$6,562$5,463$4,528$3,737$3,357
18 years$7,328$6,064$4,987$4,080$3,323$2,963
19 years$6,869$5,620$4,566$3,687$2,962$2,620
20 years$6,457$5,222$4,190$3,339$2,645$2,322
21 years$6,085$4,864$3,854$3,031$2,367$2,062
22 years$5,747$4,540$3,552$2,755$2,122$1,833
23 years$5,439$4,247$3,280$2,509$1,905$1,632
24 years$5,157$3,979$3,033$2,289$1,712$1,455
25 years$4,898$3,734$2,809$2,090$1,541$1,298
26 years$4,660$3,509$2,606$1,911$1,388$1,159
27 years$4,439$3,303$2,420$1,749$1,251$1,036
28 years$4,235$3,112$2,249$1,603$1,129$927
29 years$4,045$2,936$2,093$1,470$1,019$830
30 years$3,868$2,773$1,950$1,349$921$743
31 years$3,702$2,621$1,818$1,239$833$666
32 years$3,548$2,480$1,696$1,139$753$597
33 years$3,403$2,349$1,583$1,047$682$536
34 years$3,266$2,226$1,479$963$617$481
35 years$3,138$2,111$1,383$887$559$431
36 years$3,018$2,004$1,294$817$507$387
37 years$2,904$1,903$1,211$752$459$348
38 years$2,796$1,809$1,134$694$416$312
39 years$2,694$1,720$1,063$640$377$281
40 years$2,598$1,636$996$590$342$252
41 years$2,506$1,558$934$544$311$227
42 years$2,419$1,484$876$502$282$204
43 years$2,336$1,414$822$464$256$183
44 years$2,257$1,347$772$428$232$165
45 years$2,182$1,285$725$395$211$148
46 years$2,111$1,226$681$365$191$133
47 years$2,043$1,170$639$337$174$120
48 years$1,977$1,117$601$312$158$108
49 years$1,915$1,066$565$288$143$97
50 years$1,855$1,019$531$266$130$87

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 $5,101 every year, while hoping to spend $39,402 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: 53/39/8 Blend
44$1,900,000$1,900,000$1,900,000$1,900,000
45$2,099,062$1,998,362$1,968,912$2,205,918
46$2,271,243$2,054,358$1,992,947$2,334,957
47$2,459,665$2,111,778$2,016,467$2,470,543
48$2,665,945$2,170,648$2,039,412$2,617,108
49$2,891,860$2,230,999$2,061,721$2,775,697
50$3,139,369$2,292,857$2,083,328$2,947,460
51$3,410,629$2,356,252$2,104,164$3,133,664
52$3,708,016$2,421,210$2,124,156$3,335,700
53$4,034,145$2,487,761$2,143,226$3,555,103
54$4,391,898$2,555,932$2,161,295$3,793,561
55$4,784,450$2,625,751$2,178,277$4,052,931
56$5,215,297$2,697,245$2,194,082$4,335,259
57$5,688,289$2,770,442$2,208,615$4,642,798
58$6,207,668$2,845,368$2,221,778$4,978,029
59$6,778,109$2,922,049$2,233,466$5,343,684
60$7,404,758$3,000,512$2,243,569$5,742,769
61$8,093,286$3,080,780$2,251,971$6,178,599
62$8,849,942$3,162,878$2,258,553$6,654,822
63$9,681,607$3,246,831$2,263,186$7,175,458
64$10,595,865$3,332,659$2,265,736$7,744,933
65$11,601,069$3,420,386$2,266,065$8,368,125
66$12,706,424$3,510,030$2,264,023$9,050,405
67$13,922,069$3,601,612$2,259,458$9,797,690
68$15,259,177$3,695,148$2,252,207$10,616,500
69$16,730,057$3,790,654$2,242,100$11,514,018
70$18,348,272$3,888,145$2,228,960$12,498,155
71$20,128,765$3,987,634$2,212,599$13,577,630
72$22,088,001$4,089,130$2,192,823$14,762,047
73$24,244,121$4,192,641$2,169,427$16,061,988
74$26,617,115$4,298,174$2,142,196$17,489,113
75$29,229,007$4,405,730$2,110,905$19,056,268
76$32,104,065$4,515,311$2,075,321$20,777,610
77$35,269,031$4,626,913$2,035,195$22,668,734
78$38,753,370$4,740,529$1,990,272$24,746,826
79$42,589,549$4,856,150$1,940,281$27,030,823
80$46,813,342$4,973,761$1,884,940$29,541,591
81$51,464,172$5,093,344$1,823,955$32,302,123
82$56,585,477$5,214,877$1,757,016$35,337,754
83$62,225,121$5,338,332$1,683,802$38,676,404
84$68,435,849$5,463,675$1,603,975$42,348,836
85$75,275,780$5,590,870$1,517,182$46,388,952
86$82,808,957$5,719,870$1,423,055$50,834,108
87$91,105,952$5,850,625$1,321,208$55,725,470
88$100,244,530$5,983,077$1,211,240$61,108,400
89$110,310,386$6,117,161$1,092,730$67,032,889
90$121,397,947$6,252,804$965,239$73,554,022
91$133,611,271$6,389,924$828,307$80,732,504
92$147,065,021$6,528,432$681,457$88,635,229
93$161,885,555$6,668,226$524,187$97,335,915
94$178,212,110$6,809,197$355,975$106,915,798
95$196,198,121$6,951,224$176,277$117,464,399
96$216,012,670$7,094,175$0$129,080,370
97$237,842,076$7,237,903$0$141,873,749
98$261,891,659$7,382,252$0$155,979,159
99$288,387,675$7,527,049$0$171,513,615
100$317,579,452$7,672,108$0$188,622,662