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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.9%
1 years$156,900$155,503$154,139$152,808$151,509$148,450
2 years$77,673$76,227$74,825$73,465$72,147$69,078
3 years$51,268$49,815$48,417$47,070$45,773$42,791
4 years$38,068$36,619$35,235$33,911$32,646$29,773
5 years$30,150$28,710$27,344$26,047$24,817$22,061
6 years$24,873$23,444$22,098$20,830$19,637$17,001
7 years$21,105$19,688$18,363$17,126$15,970$13,455
8 years$18,280$16,876$15,574$14,366$13,249$10,854
9 years$16,085$14,694$13,414$12,237$11,157$8,882
10 years$14,329$12,952$11,694$10,548$9,506$7,347
11 years$12,894$11,530$10,295$9,180$8,176$6,130
12 years$11,698$10,349$9,137$8,052$7,085$5,150
13 years$10,688$9,353$8,163$7,109$6,178$4,351
14 years$9,822$8,501$7,335$6,310$5,416$3,693
15 years$9,073$7,766$6,622$5,628$4,769$3,146
16 years$8,418$7,125$6,004$5,039$4,214$2,688
17 years$7,840$6,562$5,463$4,528$3,737$2,303
18 years$7,328$6,064$4,987$4,080$3,323$1,978
19 years$6,869$5,620$4,566$3,687$2,962$1,702
20 years$6,457$5,222$4,190$3,339$2,645$1,466
21 years$6,085$4,864$3,854$3,031$2,367$1,265
22 years$5,747$4,540$3,552$2,755$2,122$1,093
23 years$5,439$4,247$3,280$2,509$1,905$945
24 years$5,157$3,979$3,033$2,289$1,712$818
25 years$4,898$3,734$2,809$2,090$1,541$709
26 years$4,660$3,509$2,606$1,911$1,388$614
27 years$4,439$3,303$2,420$1,749$1,251$533
28 years$4,235$3,112$2,249$1,603$1,129$462
29 years$4,045$2,936$2,093$1,470$1,019$401
30 years$3,868$2,773$1,950$1,349$921$348
31 years$3,702$2,621$1,818$1,239$833$303
32 years$3,548$2,480$1,696$1,139$753$263
33 years$3,403$2,349$1,583$1,047$682$228
34 years$3,266$2,226$1,479$963$617$199
35 years$3,138$2,111$1,383$887$559$173
36 years$3,018$2,004$1,294$817$507$150
37 years$2,904$1,903$1,211$752$459$130
38 years$2,796$1,809$1,134$694$416$113
39 years$2,694$1,720$1,063$640$377$99
40 years$2,598$1,636$996$590$342$86
41 years$2,506$1,558$934$544$311$75
42 years$2,419$1,484$876$502$282$65
43 years$2,336$1,414$822$464$256$57
44 years$2,257$1,347$772$428$232$49
45 years$2,182$1,285$725$395$211$43
46 years$2,111$1,226$681$365$191$37
47 years$2,043$1,170$639$337$174$32
48 years$1,977$1,117$601$312$158$28
49 years$1,915$1,066$565$288$143$25
50 years$1,855$1,019$531$266$130$21

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 $3,206 every year, while hoping to spend $42,725 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: 55/23/22 Blend
44$1,900,000$1,900,000$1,900,000$1,900,000
45$2,097,107$1,996,407$1,966,957$2,199,710
46$2,265,553$2,048,772$1,987,391$2,322,729
47$2,449,748$2,102,271$2,007,078$2,451,861
48$2,651,254$2,156,914$2,025,947$2,591,578
49$2,871,791$2,212,711$2,043,924$2,742,909
50$3,113,250$2,269,670$2,060,932$2,906,985
51$3,377,717$2,327,800$2,076,889$3,085,052
52$3,667,488$2,387,106$2,091,708$3,278,486
53$3,985,090$2,447,592$2,105,299$3,488,797
54$4,333,309$2,509,264$2,117,566$3,717,654
55$4,715,211$2,572,122$2,128,409$3,966,893
56$5,134,173$2,636,167$2,137,722$4,238,537
57$5,593,918$2,701,398$2,145,394$4,534,817
58$6,098,542$2,767,811$2,151,309$4,858,189
59$6,652,560$2,835,401$2,155,345$5,211,359
60$7,260,945$2,904,159$2,157,373$5,597,312
61$7,929,174$2,974,076$2,157,258$6,019,334
62$8,663,283$3,045,139$2,154,859$6,481,048
63$9,469,919$3,117,332$2,150,028$6,986,445
64$10,356,406$3,190,636$2,142,609$7,539,925
65$11,330,812$3,265,030$2,132,439$8,146,336
66$12,402,026$3,340,487$2,119,347$8,811,021
67$13,579,841$3,416,980$2,103,153$9,539,867
68$14,875,046$3,494,474$2,083,671$10,339,363
69$16,299,530$3,572,932$2,060,703$11,216,662
70$17,866,389$3,652,312$2,034,043$12,179,644
71$19,590,052$3,732,567$2,003,476$13,236,995
72$21,486,421$3,813,646$1,968,775$14,398,288
73$23,573,011$3,895,490$1,929,705$15,674,074
74$25,869,126$3,978,037$1,886,017$17,075,979
75$28,396,032$4,061,216$1,837,454$18,616,818
76$31,177,162$4,144,950$1,783,743$20,310,715
77$34,238,337$4,229,157$1,724,603$22,173,234
78$37,608,006$4,313,745$1,659,736$24,221,530
79$41,317,518$4,398,614$1,588,833$26,474,509
80$45,401,416$4,483,657$1,511,570$28,953,008
81$49,897,761$4,568,756$1,427,608$31,679,992
82$54,848,493$4,653,786$1,336,593$34,680,769
83$60,299,826$4,738,609$1,238,156$37,983,232
84$66,302,684$4,823,076$1,131,910$41,618,124
85$72,913,181$4,907,030$1,017,452$45,619,325
86$80,193,148$4,990,297$894,359$50,024,174
87$88,210,721$5,072,693$762,192$54,873,823
88$97,040,979$5,154,019$620,490$60,213,627
89$106,766,655$5,234,063$468,773$66,093,570
90$117,478,917$5,312,595$306,540$72,568,738
91$129,278,224$5,389,370$133,266$79,699,844
92$142,275,279$5,464,125$0$87,553,796
93$156,592,070$5,536,580$0$96,216,458
94$172,363,022$5,606,433$0$105,791,146
95$189,736,266$5,673,364$0$116,336,249
96$208,875,036$5,737,029$0$127,950,619
97$229,959,209$5,797,063$0$140,743,190
98$253,187,003$5,853,074$0$154,834,007
99$278,776,849$5,904,646$0$170,355,359
100$306,969,449$5,951,335$0$187,453,028