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%14.3%
1 years$159,378$157,958$156,573$155,221$153,901$151,165
2 years$78,900$77,430$76,006$74,625$73,286$70,539
3 years$52,077$50,602$49,181$47,813$46,496$43,823
4 years$38,669$37,198$35,791$34,447$33,161$30,583
5 years$30,626$29,163$27,775$26,458$25,209$22,733
6 years$25,265$23,814$22,447$21,159$19,947$17,576
7 years$21,438$19,999$18,653$17,396$16,222$13,958
8 years$18,569$17,143$15,819$14,593$13,458$11,299
9 years$16,339$14,926$13,625$12,430$11,333$9,278
10 years$14,555$13,156$11,879$10,715$9,657$7,704
11 years$13,097$11,712$10,458$9,325$8,305$6,452
12 years$11,883$10,512$9,281$8,179$7,197$5,442
13 years$10,857$9,500$8,292$7,221$6,276$4,616
14 years$9,977$8,635$7,451$6,410$5,501$3,933
15 years$9,216$7,889$6,727$5,717$4,844$3,364
16 years$8,551$7,238$6,099$5,119$4,281$2,887
17 years$7,964$6,666$5,550$4,599$3,796$2,485
18 years$7,443$6,159$5,066$4,145$3,375$2,143
19 years$6,978$5,708$4,638$3,745$3,008$1,852
20 years$6,559$5,305$4,256$3,392$2,687$1,603
21 years$6,181$4,941$3,915$3,078$2,405$1,390
22 years$5,838$4,612$3,608$2,799$2,155$1,206
23 years$5,525$4,314$3,332$2,549$1,935$1,048
24 years$5,239$4,042$3,081$2,325$1,739$911
25 years$4,976$3,793$2,854$2,123$1,565$793
26 years$4,733$3,565$2,647$1,941$1,410$691
27 years$4,509$3,355$2,458$1,777$1,271$602
28 years$4,302$3,161$2,285$1,628$1,147$525
29 years$4,108$2,982$2,126$1,493$1,035$458
30 years$3,929$2,816$1,980$1,370$936$399
31 years$3,761$2,662$1,846$1,258$846$349
32 years$3,604$2,519$1,723$1,157$765$304
33 years$3,456$2,386$1,608$1,064$692$266
34 years$3,318$2,261$1,503$979$627$232
35 years$3,188$2,145$1,405$901$568$203
36 years$3,065$2,036$1,314$830$515$177
37 years$2,950$1,933$1,230$764$466$155
38 years$2,840$1,837$1,152$705$423$135
39 years$2,737$1,747$1,079$650$383$118
40 years$2,639$1,662$1,012$599$348$104
41 years$2,546$1,582$949$553$315$91
42 years$2,457$1,507$890$510$286$79
43 years$2,373$1,436$835$471$260$69
44 years$2,293$1,369$784$435$236$61
45 years$2,217$1,305$736$402$214$53
46 years$2,144$1,245$691$371$194$46
47 years$2,075$1,188$649$343$176$40
48 years$2,008$1,134$610$317$160$35
49 years$1,945$1,083$574$293$146$31
50 years$1,884$1,035$539$271$132$27

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 $6,007 every year, while hoping to spend $45,772 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: 53/22/25 Blend
44$1,930,000$1,930,000$1,930,000$1,930,000
45$2,133,056$2,030,766$2,000,851$2,231,009
46$2,301,927$2,081,573$2,019,179$2,350,120
47$2,486,488$2,133,335$2,036,586$2,474,470
48$2,688,293$2,186,050$2,052,994$2,608,857
49$2,909,049$2,239,717$2,068,320$2,754,256
50$3,150,638$2,294,330$2,082,475$2,911,743
51$3,415,133$2,349,882$2,095,368$3,082,503
52$3,704,815$2,406,364$2,106,901$3,267,840
53$4,022,197$2,463,767$2,116,973$3,469,195
54$4,370,045$2,522,076$2,125,476$3,688,153
55$4,751,408$2,581,276$2,132,298$3,926,461
56$5,169,642$2,641,349$2,137,320$4,186,044
57$5,628,445$2,702,274$2,140,419$4,469,026
58$6,131,887$2,764,026$2,141,464$4,777,746
59$6,684,454$2,826,578$2,140,318$5,114,781
60$7,291,087$2,889,900$2,136,837$5,482,973
61$7,957,229$2,953,956$2,130,872$5,885,455
62$8,688,875$3,018,707$2,122,264$6,325,678
63$9,492,628$3,084,112$2,110,849$6,807,448
64$10,375,766$3,150,123$2,096,451$7,334,957
65$11,346,302$3,216,687$2,078,891$7,912,829
66$12,413,068$3,283,748$2,057,976$8,546,159
67$13,585,791$3,351,242$2,033,509$9,240,563
68$14,875,189$3,419,101$2,005,279$10,002,231
69$16,293,071$3,487,249$1,973,069$10,837,987
70$17,852,446$3,555,607$1,936,649$11,755,350
71$19,567,649$3,624,084$1,895,779$12,762,611
72$21,454,471$3,692,586$1,850,209$13,868,907
73$23,530,312$3,761,008$1,799,677$15,084,309
74$25,814,346$3,829,239$1,743,908$16,419,918
75$28,327,695$3,897,158$1,682,614$17,887,970
76$31,093,634$3,964,633$1,615,497$19,501,951
77$34,137,810$4,031,525$1,542,241$21,276,727
78$37,488,479$4,097,682$1,462,518$23,228,682
79$41,176,778$4,162,942$1,375,987$25,375,876
80$45,237,014$4,227,131$1,282,287$27,738,214
81$49,706,990$4,290,062$1,181,045$30,337,635
82$54,628,362$4,351,534$1,071,869$33,198,323
83$60,047,029$4,411,333$954,350$36,346,929
84$66,013,567$4,469,229$828,061$39,812,830
85$72,583,706$4,524,977$692,557$43,628,405
86$79,818,858$4,578,314$547,371$47,829,341
87$87,786,690$4,628,961$392,017$52,454,970
88$96,561,770$4,676,618$225,988$57,548,644
89$106,226,265$4,720,966$48,753$63,158,144
90$116,870,717$4,761,666$0$69,336,130
91$128,594,899$4,798,356$0$76,178,093
92$141,508,753$4,830,650$0$83,726,864
93$155,733,431$4,858,137$0$92,040,090
94$171,402,436$4,880,381$0$101,195,642
95$188,662,881$4,896,917$0$111,279,336
96$207,676,880$4,907,251$0$122,385,738
97$228,623,074$4,910,858$0$134,619,066
98$251,698,319$4,907,182$0$148,094,164
99$277,119,544$4,895,630$0$162,937,593
100$305,125,795$4,875,573$0$179,288,826