Can I retire at age 45 with 1,910,000?

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$157,726$156,321$154,950$153,612$152,306$149,660
2 years$78,082$76,628$75,219$73,852$72,527$69,869
3 years$51,538$50,077$48,671$47,318$46,014$43,428
4 years$38,268$36,812$35,420$34,090$32,818$30,323
5 years$30,308$28,861$27,488$26,184$24,947$22,551
6 years$25,004$23,567$22,214$20,940$19,740$17,445
7 years$21,216$19,792$18,460$17,216$16,054$13,861
8 years$18,377$16,965$15,656$14,442$13,318$11,227
9 years$16,169$14,771$13,484$12,301$11,216$9,225
10 years$14,405$13,020$11,756$10,604$9,557$7,664
11 years$12,962$11,591$10,350$9,228$8,219$6,423
12 years$11,760$10,404$9,185$8,095$7,122$5,421
13 years$10,744$9,402$8,206$7,146$6,211$4,601
14 years$9,874$8,546$7,373$6,344$5,444$3,923
15 years$9,121$7,807$6,657$5,657$4,794$3,358
16 years$8,462$7,163$6,036$5,066$4,237$2,884
17 years$7,882$6,597$5,492$4,551$3,756$2,484
18 years$7,366$6,095$5,014$4,102$3,340$2,144
19 years$6,906$5,649$4,590$3,706$2,977$1,854
20 years$6,491$5,250$4,212$3,357$2,659$1,606
21 years$6,117$4,890$3,874$3,046$2,380$1,393
22 years$5,778$4,564$3,571$2,770$2,133$1,210
23 years$5,468$4,269$3,297$2,523$1,915$1,052
24 years$5,185$4,000$3,049$2,301$1,721$916
25 years$4,924$3,754$2,824$2,101$1,549$798
26 years$4,684$3,528$2,619$1,921$1,395$695
27 years$4,463$3,320$2,432$1,759$1,258$606
28 years$4,257$3,128$2,261$1,611$1,135$529
29 years$4,066$2,951$2,104$1,478$1,025$462
30 years$3,888$2,787$1,960$1,356$926$403
31 years$3,722$2,635$1,827$1,245$837$352
32 years$3,566$2,493$1,705$1,145$757$308
33 years$3,421$2,361$1,592$1,052$685$269
34 years$3,284$2,238$1,487$968$620$235
35 years$3,155$2,122$1,391$891$562$206
36 years$3,034$2,014$1,301$821$509$180
37 years$2,919$1,913$1,218$756$461$157
38 years$2,811$1,818$1,140$697$418$138
39 years$2,708$1,729$1,068$643$379$120
40 years$2,611$1,645$1,001$593$344$105
41 years$2,519$1,566$939$547$312$92
42 years$2,432$1,491$881$505$283$81
43 years$2,349$1,421$826$466$257$71
44 years$2,269$1,354$776$430$233$62
45 years$2,194$1,292$728$397$212$54
46 years$2,122$1,232$684$367$192$47
47 years$2,053$1,176$643$339$175$41
48 years$1,988$1,122$604$313$159$36
49 years$1,925$1,072$568$290$144$32
50 years$1,865$1,024$534$268$131$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,910,000, adding $5,104 every year, while hoping to spend $52,036 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: 43/43/14 Blend
44$1,910,000$1,910,000$1,910,000$1,910,000
45$2,110,085$2,008,855$1,979,250$2,192,030
46$2,269,948$2,051,923$1,990,189$2,293,013
47$2,444,372$2,095,357$1,999,750$2,396,763
48$2,634,789$2,139,121$2,007,833$2,508,029
49$2,842,773$2,183,173$2,014,331$2,627,524
50$3,070,058$2,227,470$2,019,132$2,756,034
51$3,318,550$2,271,963$2,022,120$2,894,424
52$3,590,353$2,316,600$2,023,172$3,043,649
53$3,887,779$2,361,323$2,022,158$3,204,760
54$4,213,375$2,406,070$2,018,943$3,378,917
55$4,569,947$2,450,776$2,013,385$3,567,399
56$4,960,584$2,495,366$2,005,336$3,771,615
57$5,388,687$2,539,763$1,994,638$3,993,120
58$5,858,004$2,583,882$1,981,130$4,233,628
59$6,372,661$2,627,632$1,964,638$4,495,028
60$6,937,203$2,670,917$1,944,984$4,779,404
61$7,556,636$2,713,630$1,921,979$5,089,053
62$8,236,474$2,755,659$1,895,426$5,426,511
63$8,982,790$2,796,882$1,865,119$5,794,570
64$9,802,277$2,837,171$1,830,842$6,196,311
65$10,702,303$2,876,386$1,792,369$6,635,131
66$11,690,987$2,914,379$1,749,463$7,114,778
67$12,777,275$2,950,991$1,701,877$7,639,381
68$13,971,019$2,986,051$1,649,352$8,213,496
69$15,283,074$3,019,379$1,591,617$8,842,146
70$16,725,400$3,050,781$1,528,388$9,530,870
71$18,311,172$3,080,050$1,459,370$10,285,776
72$20,054,905$3,106,967$1,384,253$11,113,598
73$21,972,594$3,131,296$1,302,714$12,021,762
74$24,081,857$3,152,788$1,214,413$13,018,456
75$26,402,109$3,171,177$1,118,998$14,112,709
76$28,954,739$3,186,180$1,016,100$15,314,476
77$31,763,316$3,197,496$905,333$16,634,734
78$34,853,806$3,204,806$786,294$18,085,584
79$38,254,821$3,207,768$658,561$19,680,371
80$41,997,887$3,206,022$521,697$21,433,808
81$46,117,738$3,199,185$375,241$23,362,114
82$50,652,651$3,186,848$218,715$25,483,175
83$55,644,799$3,168,580$51,619$27,816,708
84$61,140,651$3,143,924$0$30,384,451
85$67,191,412$3,112,391$0$33,229,297
86$73,853,506$3,073,467$0$36,368,200
87$81,189,102$3,026,606$0$39,822,656
88$89,266,710$2,971,229$0$43,624,865
89$98,161,818$2,906,723$0$47,810,322
90$107,957,608$2,832,437$0$52,418,151
91$118,745,743$2,747,686$0$57,491,475
92$130,627,226$2,651,739$0$63,077,827
93$143,713,357$2,543,828$0$69,229,601
94$158,126,780$2,423,137$0$76,004,543
95$174,002,646$2,288,805$0$83,466,307
96$191,489,877$2,139,918$0$91,685,050
97$210,752,584$1,975,513$0$100,738,101
98$231,971,605$1,794,571$0$110,710,691
99$255,346,217$1,596,013$0$121,696,765
100$281,096,015$1,378,702$0$133,799,864