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%16.6%
1 years$157,726$156,321$154,950$153,612$152,306$148,203
2 years$78,082$76,628$75,219$73,852$72,527$68,423
3 years$51,538$50,077$48,671$47,318$46,014$42,037
4 years$38,268$36,812$35,420$34,090$32,818$28,998
5 years$30,308$28,861$27,488$26,184$24,947$21,296
6 years$25,004$23,567$22,214$20,940$19,740$16,260
7 years$21,216$19,792$18,460$17,216$16,054$12,746
8 years$18,377$16,965$15,656$14,442$13,318$10,181
9 years$16,169$14,771$13,484$12,301$11,216$8,245
10 years$14,405$13,020$11,756$10,604$9,557$6,749
11 years$12,962$11,591$10,350$9,228$8,219$5,571
12 years$11,760$10,404$9,185$8,095$7,122$4,629
13 years$10,744$9,402$8,206$7,146$6,211$3,866
14 years$9,874$8,546$7,373$6,344$5,444$3,243
15 years$9,121$7,807$6,657$5,657$4,794$2,730
16 years$8,462$7,163$6,036$5,066$4,237$2,305
17 years$7,882$6,597$5,492$4,551$3,756$1,951
18 years$7,366$6,095$5,014$4,102$3,340$1,654
19 years$6,906$5,649$4,590$3,706$2,977$1,405
20 years$6,491$5,250$4,212$3,357$2,659$1,196
21 years$6,117$4,890$3,874$3,046$2,380$1,018
22 years$5,778$4,564$3,571$2,770$2,133$868
23 years$5,468$4,269$3,297$2,523$1,915$741
24 years$5,185$4,000$3,049$2,301$1,721$633
25 years$4,924$3,754$2,824$2,101$1,549$541
26 years$4,684$3,528$2,619$1,921$1,395$462
27 years$4,463$3,320$2,432$1,759$1,258$395
28 years$4,257$3,128$2,261$1,611$1,135$338
29 years$4,066$2,951$2,104$1,478$1,025$290
30 years$3,888$2,787$1,960$1,356$926$248
31 years$3,722$2,635$1,827$1,245$837$212
32 years$3,566$2,493$1,705$1,145$757$182
33 years$3,421$2,361$1,592$1,052$685$156
34 years$3,284$2,238$1,487$968$620$134
35 years$3,155$2,122$1,391$891$562$114
36 years$3,034$2,014$1,301$821$509$98
37 years$2,919$1,913$1,218$756$461$84
38 years$2,811$1,818$1,140$697$418$72
39 years$2,708$1,729$1,068$643$379$62
40 years$2,611$1,645$1,001$593$344$53
41 years$2,519$1,566$939$547$312$45
42 years$2,432$1,491$881$505$283$39
43 years$2,349$1,421$826$466$257$33
44 years$2,269$1,354$776$430$233$29
45 years$2,194$1,292$728$397$212$25
46 years$2,122$1,232$684$367$192$21
47 years$2,053$1,176$643$339$175$18
48 years$1,988$1,122$604$313$159$15
49 years$1,925$1,072$568$290$144$13
50 years$1,865$1,024$534$268$131$11

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 $6,670 every year, while hoping to spend $20,595 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: 46/46/8 Blend
44$1,910,000$1,910,000$1,910,000$1,910,000
45$2,111,700$2,010,470$1,980,865$2,203,877
46$2,305,181$2,087,070$2,025,311$2,344,671
47$2,517,706$2,166,733$2,070,556$2,494,635
48$2,751,197$2,249,588$2,116,604$2,656,836
49$3,007,769$2,335,768$2,163,461$2,832,410
50$3,289,754$2,425,414$2,211,130$3,022,607
51$3,599,721$2,518,671$2,259,614$3,228,801
52$3,940,498$2,615,691$2,308,916$3,452,498
53$4,315,202$2,716,634$2,359,039$3,695,356
54$4,727,269$2,821,665$2,409,983$3,959,197
55$5,180,482$2,930,958$2,461,749$4,246,022
56$5,679,011$3,044,694$2,514,337$4,558,032
57$6,227,448$3,163,062$2,567,745$4,897,647
58$6,830,855$3,286,259$2,621,972$5,267,527
59$7,494,807$3,414,492$2,677,013$5,670,598
60$8,225,450$3,547,974$2,732,866$6,110,078
61$9,029,553$3,686,932$2,789,524$6,589,508
62$9,914,575$3,831,600$2,846,981$7,112,781
63$10,888,736$3,982,222$2,905,229$7,684,182
64$11,961,092$4,139,056$2,964,259$8,308,424
65$13,141,621$4,302,368$3,024,059$8,990,694
66$14,441,321$4,472,438$3,084,619$9,736,700
67$15,872,306$4,649,558$3,145,925$10,552,724
68$17,447,928$4,834,032$3,207,960$11,445,679
69$19,182,897$5,026,181$3,270,707$12,423,176
70$21,093,425$5,226,336$3,334,148$13,493,590
71$23,197,374$5,434,846$3,398,262$14,666,144
72$25,514,426$5,652,074$3,463,024$15,950,988
73$28,066,272$5,878,400$3,528,410$17,359,299
74$30,876,812$6,114,221$3,594,391$18,903,381
75$33,972,382$6,359,953$3,660,938$20,596,784
76$37,382,003$6,616,029$3,728,018$22,454,424
77$41,137,655$6,882,902$3,795,594$24,492,730
78$45,274,578$7,161,047$3,863,629$26,729,790
79$49,831,605$7,450,958$3,932,081$29,185,526
80$54,851,529$7,753,155$4,000,905$31,881,877
81$60,381,503$8,068,178$4,070,054$34,843,002
82$66,473,490$8,396,593$4,139,475$38,095,513
83$73,184,752$8,738,992$4,209,113$41,668,717
84$80,578,389$9,095,994$4,278,910$45,594,895
85$88,723,933$9,468,246$4,348,802$49,909,601
86$97,698,009$9,856,425$4,418,722$54,652,000
87$107,585,054$10,261,238$4,488,597$59,865,229
88$118,478,116$10,683,425$4,558,352$65,596,807
89$130,479,731$11,123,760$4,627,904$71,899,078
90$143,702,891$11,583,052$4,697,166$78,829,705
91$158,272,112$12,062,148$4,766,047$86,452,207
92$174,324,607$12,561,932$4,834,449$94,836,560
93$192,011,581$13,083,331$4,902,268$104,059,852
94$211,499,661$13,627,314$4,969,393$114,207,007
95$232,972,467$14,194,892$5,035,708$125,371,584
96$256,632,344$14,787,127$5,101,089$137,656,660
97$282,702,274$15,405,128$5,165,407$151,175,791
98$311,427,980$16,050,053$5,228,522$166,054,089
99$343,080,246$16,723,117$5,290,289$182,429,392
100$377,957,470$17,425,589$5,350,553$200,453,566