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

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$157,726$156,321$154,950$153,612$152,306$148,564
2 years$78,082$76,628$75,219$73,852$72,527$68,780
3 years$51,538$50,077$48,671$47,318$46,014$42,379
4 years$38,268$36,812$35,420$34,090$32,818$29,323
5 years$30,308$28,861$27,488$26,184$24,947$21,603
6 years$25,004$23,567$22,214$20,940$19,740$16,549
7 years$21,216$19,792$18,460$17,216$16,054$13,016
8 years$18,377$16,965$15,656$14,442$13,318$10,433
9 years$16,169$14,771$13,484$12,301$11,216$8,480
10 years$14,405$13,020$11,756$10,604$9,557$6,968
11 years$12,962$11,591$10,350$9,228$8,219$5,773
12 years$11,760$10,404$9,185$8,095$7,122$4,816
13 years$10,744$9,402$8,206$7,146$6,211$4,039
14 years$9,874$8,546$7,373$6,344$5,444$3,402
15 years$9,121$7,807$6,657$5,657$4,794$2,876
16 years$8,462$7,163$6,036$5,066$4,237$2,438
17 years$7,882$6,597$5,492$4,551$3,756$2,073
18 years$7,366$6,095$5,014$4,102$3,340$1,766
19 years$6,906$5,649$4,590$3,706$2,977$1,507
20 years$6,491$5,250$4,212$3,357$2,659$1,288
21 years$6,117$4,890$3,874$3,046$2,380$1,102
22 years$5,778$4,564$3,571$2,770$2,133$944
23 years$5,468$4,269$3,297$2,523$1,915$809
24 years$5,185$4,000$3,049$2,301$1,721$694
25 years$4,924$3,754$2,824$2,101$1,549$596
26 years$4,684$3,528$2,619$1,921$1,395$512
27 years$4,463$3,320$2,432$1,759$1,258$440
28 years$4,257$3,128$2,261$1,611$1,135$379
29 years$4,066$2,951$2,104$1,478$1,025$326
30 years$3,888$2,787$1,960$1,356$926$280
31 years$3,722$2,635$1,827$1,245$837$241
32 years$3,566$2,493$1,705$1,145$757$208
33 years$3,421$2,361$1,592$1,052$685$179
34 years$3,284$2,238$1,487$968$620$154
35 years$3,155$2,122$1,391$891$562$133
36 years$3,034$2,014$1,301$821$509$114
37 years$2,919$1,913$1,218$756$461$98
38 years$2,811$1,818$1,140$697$418$85
39 years$2,708$1,729$1,068$643$379$73
40 years$2,611$1,645$1,001$593$344$63
41 years$2,519$1,566$939$547$312$54
42 years$2,432$1,491$881$505$283$47
43 years$2,349$1,421$826$466$257$40
44 years$2,269$1,354$776$430$233$35
45 years$2,194$1,292$728$397$212$30
46 years$2,122$1,232$684$367$192$26
47 years$2,053$1,176$643$339$175$22
48 years$1,988$1,122$604$313$159$19
49 years$1,925$1,072$568$290$144$17
50 years$1,865$1,024$534$268$131$14

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 $5,888 every year, while hoping to spend $45,509 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: 34/45/21 Blend
44$1,910,000$1,910,000$1,910,000$1,910,000
45$2,110,893$2,009,663$1,980,058$2,168,926
46$2,277,783$2,059,716$1,997,969$2,262,446
47$2,460,171$2,110,695$2,014,955$2,358,631
48$2,659,588$2,162,600$2,030,936$2,461,419
49$2,877,724$2,215,424$2,045,830$2,571,422
50$3,116,435$2,269,163$2,059,548$2,689,314
51$3,377,768$2,323,809$2,072,000$2,815,838
52$3,663,976$2,379,351$2,083,087$2,951,813
53$3,977,539$2,435,778$2,092,709$3,098,141
54$4,321,192$2,493,074$2,100,758$3,255,815
55$4,697,942$2,551,223$2,107,121$3,425,930
56$5,111,104$2,610,205$2,111,682$3,609,695
57$5,564,328$2,669,997$2,114,315$3,808,438
58$6,061,637$2,730,574$2,114,892$4,023,626
59$6,607,457$2,791,905$2,113,274$4,256,876
60$7,206,669$2,853,960$2,109,320$4,509,969
61$7,864,646$2,916,700$2,102,879$4,784,869
62$8,587,307$2,980,086$2,093,793$5,083,740
63$9,381,175$3,044,073$2,081,898$5,408,969
64$10,253,433$3,108,611$2,067,019$5,763,188
65$11,211,996$3,173,646$2,048,977$6,149,296
66$12,265,583$3,239,117$2,027,581$6,570,491
67$13,423,799$3,304,961$2,002,632$7,030,299
68$14,697,228$3,371,106$1,973,922$7,532,606
69$16,097,529$3,437,474$1,941,232$8,081,698
70$17,637,548$3,503,981$1,904,334$8,682,297
71$19,331,438$3,570,536$1,862,990$9,339,613
72$21,194,793$3,637,041$1,816,948$10,059,387
73$23,244,795$3,703,388$1,765,948$10,847,950
74$25,500,372$3,769,463$1,709,716$11,712,280
75$27,982,383$3,835,140$1,647,965$12,660,073
76$30,713,811$3,900,286$1,580,396$13,699,811
77$33,719,976$3,964,757$1,506,696$14,840,845
78$37,028,781$4,028,397$1,426,538$16,093,487
79$40,670,970$4,091,041$1,339,579$17,469,103
80$44,680,417$4,152,510$1,245,463$18,980,223
81$49,094,449$4,212,613$1,143,816$20,640,662
82$53,954,196$4,271,145$1,034,248$22,465,650
83$59,304,980$4,327,886$916,350$24,471,976
84$65,196,738$4,382,603$789,698$26,678,147
85$71,684,498$4,435,044$653,846$29,104,567
86$78,828,898$4,484,942$508,331$31,773,729
87$86,696,753$4,532,011$352,667$34,710,428
88$95,361,689$4,575,947$186,349$37,941,996
89$104,904,837$4,616,425$8,848$41,498,564
90$115,415,599$4,653,098$0$45,413,347
91$126,992,488$4,685,597$0$49,763,417
92$139,744,062$4,713,531$0$54,553,419
93$153,789,943$4,736,482$0$59,825,990
94$169,261,953$4,754,004$0$65,630,310
95$186,305,348$4,765,627$0$72,020,580
96$205,080,198$4,770,847$0$79,056,536
97$225,762,891$4,769,132$0$86,804,016
98$248,547,801$4,759,914$0$95,335,578
99$273,649,121$4,742,594$0$104,731,191
100$301,302,883$4,716,532$0$115,078,991