Can I retire at age 45 with 1,930,000?

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 $1,930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$159,378$157,958$156,573$155,221$153,901$148,855
2 years$78,900$77,430$76,006$74,625$73,286$68,251
3 years$52,077$50,602$49,181$47,813$46,496$41,629
4 years$38,669$37,198$35,791$34,447$33,161$28,500
5 years$30,626$29,163$27,775$26,458$25,209$20,766
6 years$25,265$23,814$22,447$21,159$19,947$15,726
7 years$21,438$19,999$18,653$17,396$16,222$12,222
8 years$18,569$17,143$15,819$14,593$13,458$9,676
9 years$16,339$14,926$13,625$12,430$11,333$7,766
10 years$14,555$13,156$11,879$10,715$9,657$6,297
11 years$13,097$11,712$10,458$9,325$8,305$5,148
12 years$11,883$10,512$9,281$8,179$7,197$4,235
13 years$10,857$9,500$8,292$7,221$6,276$3,502
14 years$9,977$8,635$7,451$6,410$5,501$2,907
15 years$9,216$7,889$6,727$5,717$4,844$2,421
16 years$8,551$7,238$6,099$5,119$4,281$2,022
17 years$7,964$6,666$5,550$4,599$3,796$1,693
18 years$7,443$6,159$5,066$4,145$3,375$1,420
19 years$6,978$5,708$4,638$3,745$3,008$1,193
20 years$6,559$5,305$4,256$3,392$2,687$1,003
21 years$6,181$4,941$3,915$3,078$2,405$844
22 years$5,838$4,612$3,608$2,799$2,155$712
23 years$5,525$4,314$3,332$2,549$1,935$600
24 years$5,239$4,042$3,081$2,325$1,739$506
25 years$4,976$3,793$2,854$2,123$1,565$428
26 years$4,733$3,565$2,647$1,941$1,410$361
27 years$4,509$3,355$2,458$1,777$1,271$305
28 years$4,302$3,161$2,285$1,628$1,147$258
29 years$4,108$2,982$2,126$1,493$1,035$218
30 years$3,929$2,816$1,980$1,370$936$184
31 years$3,761$2,662$1,846$1,258$846$156
32 years$3,604$2,519$1,723$1,157$765$132
33 years$3,456$2,386$1,608$1,064$692$112
34 years$3,318$2,261$1,503$979$627$95
35 years$3,188$2,145$1,405$901$568$80
36 years$3,065$2,036$1,314$830$515$68
37 years$2,950$1,933$1,230$764$466$57
38 years$2,840$1,837$1,152$705$423$48
39 years$2,737$1,747$1,079$650$383$41
40 years$2,639$1,662$1,012$599$348$35
41 years$2,546$1,582$949$553$315$29
42 years$2,457$1,507$890$510$286$25
43 years$2,373$1,436$835$471$260$21
44 years$2,293$1,369$784$435$236$18
45 years$2,217$1,305$736$402$214$15
46 years$2,144$1,245$691$371$194$13
47 years$2,075$1,188$649$343$176$11
48 years$2,008$1,134$610$317$160$9
49 years$1,945$1,083$574$293$146$8
50 years$1,884$1,035$539$271$132$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,930,000, adding $6,915 every year, while hoping to spend $28,719 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: 36/49/15 Blend
44$1,930,000$1,930,000$1,930,000$1,930,000
45$2,133,993$2,031,703$2,001,788$2,200,771
46$2,321,103$2,100,699$2,038,291$2,318,604
47$2,526,337$2,172,114$2,075,054$2,442,495
48$2,751,511$2,246,036$2,112,056$2,575,624
49$2,998,628$2,322,555$2,149,274$2,718,829
50$3,269,896$2,401,768$2,186,682$2,873,031
51$3,567,743$2,483,772$2,224,253$3,039,240
52$3,894,846$2,568,670$2,261,960$3,218,566
53$4,254,155$2,656,569$2,299,769$3,412,230
54$4,648,917$2,747,580$2,337,650$3,621,571
55$5,082,711$2,841,816$2,375,566$3,848,063
56$5,559,480$2,939,397$2,413,480$4,093,326
57$6,083,566$3,040,447$2,451,351$4,359,140
58$6,659,756$3,145,095$2,489,137$4,647,462
59$7,293,320$3,253,474$2,526,792$4,960,447
60$7,990,068$3,365,723$2,564,269$5,300,462
61$8,756,398$3,481,986$2,601,515$5,670,113
62$9,599,360$3,602,414$2,638,476$6,072,265
63$10,526,724$3,727,161$2,675,094$6,510,071
64$11,547,049$3,856,391$2,711,308$6,987,000
65$12,669,764$3,990,270$2,747,053$7,506,871
66$13,905,261$4,128,974$2,782,260$8,073,885
67$15,264,989$4,272,685$2,816,857$8,692,667
68$16,761,563$4,421,592$2,850,767$9,368,305
69$18,408,883$4,575,891$2,883,909$10,106,404
70$20,222,266$4,735,786$2,916,196$10,913,132
71$22,218,587$4,901,490$2,947,539$11,795,278
72$24,416,444$5,073,224$2,977,842$12,760,319
73$26,836,325$5,251,216$3,007,004$13,816,487
74$29,500,811$5,435,706$3,034,920$14,972,846
75$32,434,781$5,626,943$3,061,477$16,239,376
76$35,665,649$5,825,184$3,086,557$17,627,067
77$39,223,626$6,030,698$3,110,037$19,148,025
78$43,141,999$6,243,765$3,131,786$20,815,577
79$47,457,448$6,464,676$3,151,667$22,644,405
80$52,210,396$6,693,732$3,169,535$24,650,678
81$57,445,381$6,931,250$3,185,239$26,852,204
82$63,211,484$7,177,555$3,198,619$29,268,598
83$69,562,790$7,432,990$3,209,508$31,921,465
84$76,558,897$7,697,909$3,217,728$34,834,606
85$84,265,479$7,972,682$3,223,097$38,034,234
86$92,754,906$8,257,691$3,225,419$41,549,230
87$102,106,927$8,553,338$3,224,491$45,411,404
88$112,409,420$8,860,039$3,220,098$49,655,801
89$123,759,228$9,178,227$3,212,018$54,321,029
90$136,263,063$9,508,354$3,200,014$59,449,618
91$150,038,521$9,850,889$3,183,841$65,088,425
92$165,215,190$10,206,323$3,163,239$71,289,071
93$181,935,871$10,575,164$3,137,939$78,108,429
94$200,357,925$10,957,943$3,107,656$85,609,156
95$220,654,765$11,355,213$3,072,093$93,860,287
96$243,017,482$11,767,550$3,030,940$102,937,879
97$267,656,659$12,195,553$2,983,870$112,925,732
98$294,804,350$12,639,847$2,930,541$123,916,176
99$324,716,277$13,101,083$2,870,598$136,010,941
100$357,674,240$13,579,939$2,803,666$149,322,112