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%19.3%
1 years$159,378$157,958$156,573$155,221$153,901$148,146
2 years$78,900$77,430$76,006$74,625$73,286$67,554
3 years$52,077$50,602$49,181$47,813$46,496$40,967
4 years$38,669$37,198$35,791$34,447$33,161$27,877
5 years$30,626$29,163$27,775$26,458$25,209$20,184
6 years$25,265$23,814$22,447$21,159$19,947$15,184
7 years$21,438$19,999$18,653$17,396$16,222$11,721
8 years$18,569$17,143$15,819$14,593$13,458$9,214
9 years$16,339$14,926$13,625$12,430$11,333$7,340
10 years$14,555$13,156$11,879$10,715$9,657$5,908
11 years$13,097$11,712$10,458$9,325$8,305$4,792
12 years$11,883$10,512$9,281$8,179$7,197$3,911
13 years$10,857$9,500$8,292$7,221$6,276$3,207
14 years$9,977$8,635$7,451$6,410$5,501$2,640
15 years$9,216$7,889$6,727$5,717$4,844$2,181
16 years$8,551$7,238$6,099$5,119$4,281$1,805
17 years$7,964$6,666$5,550$4,599$3,796$1,498
18 years$7,443$6,159$5,066$4,145$3,375$1,245
19 years$6,978$5,708$4,638$3,745$3,008$1,036
20 years$6,559$5,305$4,256$3,392$2,687$864
21 years$6,181$4,941$3,915$3,078$2,405$720
22 years$5,838$4,612$3,608$2,799$2,155$601
23 years$5,525$4,314$3,332$2,549$1,935$502
24 years$5,239$4,042$3,081$2,325$1,739$420
25 years$4,976$3,793$2,854$2,123$1,565$351
26 years$4,733$3,565$2,647$1,941$1,410$294
27 years$4,509$3,355$2,458$1,777$1,271$246
28 years$4,302$3,161$2,285$1,628$1,147$206
29 years$4,108$2,982$2,126$1,493$1,035$172
30 years$3,929$2,816$1,980$1,370$936$144
31 years$3,761$2,662$1,846$1,258$846$121
32 years$3,604$2,519$1,723$1,157$765$101
33 years$3,456$2,386$1,608$1,064$692$85
34 years$3,318$2,261$1,503$979$627$71
35 years$3,188$2,145$1,405$901$568$60
36 years$3,065$2,036$1,314$830$515$50
37 years$2,950$1,933$1,230$764$466$42
38 years$2,840$1,837$1,152$705$423$35
39 years$2,737$1,747$1,079$650$383$29
40 years$2,639$1,662$1,012$599$348$25
41 years$2,546$1,582$949$553$315$21
42 years$2,457$1,507$890$510$286$17
43 years$2,373$1,436$835$471$260$14
44 years$2,293$1,369$784$435$236$12
45 years$2,217$1,305$736$402$214$10
46 years$2,144$1,245$691$371$194$9
47 years$2,075$1,188$649$343$176$7
48 years$2,008$1,134$610$317$160$6
49 years$1,945$1,083$574$293$146$5
50 years$1,884$1,035$539$271$132$4

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 $3,766 every year, while hoping to spend $47,501 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: 40/34/26 Blend
44$1,930,000$1,930,000$1,930,000$1,930,000
45$2,130,745$2,028,455$1,998,540$2,199,471
46$2,297,540$2,077,308$2,014,950$2,298,430
47$2,479,756$2,126,964$2,030,318$2,400,696
48$2,678,916$2,177,410$2,044,559$2,510,413
49$2,896,697$2,228,634$2,057,583$2,628,292
50$3,134,944$2,280,621$2,069,296$2,755,116
51$3,395,690$2,333,353$2,079,599$2,891,748
52$3,681,173$2,386,810$2,088,388$3,039,140
53$3,993,857$2,440,969$2,095,554$3,198,340
54$4,336,458$2,495,803$2,100,982$3,370,504
55$4,711,963$2,551,284$2,104,551$3,556,909
56$5,123,665$2,607,378$2,106,135$3,758,959
57$5,575,190$2,664,051$2,105,602$3,978,204
58$6,070,531$2,721,261$2,102,811$4,216,353
59$6,614,087$2,778,965$2,097,617$4,475,291
60$7,210,703$2,837,113$2,089,866$4,757,093
61$7,865,716$2,895,653$2,079,398$5,064,052
62$8,585,006$2,954,527$2,066,045$5,398,692
63$9,375,048$3,013,670$2,049,629$5,763,798
64$10,242,977$3,073,014$2,029,966$6,162,442
65$11,196,652$3,132,484$2,006,861$6,598,008
66$12,244,733$3,191,998$1,980,113$7,074,231
67$13,396,757$3,251,467$1,949,509$7,595,226
68$14,663,235$3,310,797$1,914,826$8,165,532
69$16,055,743$3,369,885$1,875,831$8,790,154
70$17,587,039$3,428,619$1,832,281$9,474,610
71$19,271,175$3,486,879$1,783,920$10,224,983
72$21,123,636$3,544,538$1,730,483$11,047,982
73$23,161,482$3,601,456$1,671,690$11,951,003
74$25,403,511$3,657,484$1,607,249$12,942,200
75$27,870,433$3,712,465$1,536,855$14,030,564
76$30,585,067$3,766,226$1,460,190$15,226,007
77$33,572,557$3,818,584$1,376,920$16,539,458
78$36,860,608$3,869,344$1,286,696$17,982,967
79$40,479,744$3,918,297$1,189,155$19,569,815
80$44,463,602$3,965,217$1,083,916$21,314,649
81$48,849,244$4,009,867$970,581$23,233,613
82$53,677,507$4,051,991$848,736$25,344,506
83$58,993,391$4,091,317$717,947$27,666,951
84$64,846,480$4,127,554$577,761$30,222,579
85$71,291,410$4,160,393$427,705$33,035,238
86$78,388,386$4,189,505$267,285$36,131,215
87$86,203,750$4,214,539$95,988$39,539,491
88$94,810,602$4,235,122$0$43,292,011
89$104,289,497$4,250,856$0$47,448,076
90$114,729,198$4,261,320$0$52,052,405
91$126,227,517$4,266,065$0$57,121,294
92$138,892,236$4,264,615$0$62,702,083
93$152,842,127$4,256,464$0$68,846,945
94$168,208,067$4,241,074$0$75,613,377
95$185,134,278$4,217,875$0$83,064,748
96$203,779,686$4,186,262$0$91,270,895
97$224,319,420$4,145,595$0$100,308,785
98$246,946,464$4,095,192$0$110,263,241
99$271,873,480$4,034,333$0$121,227,746
100$299,334,813$3,962,254$0$133,305,326