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

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 $1,930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$159,378$157,958$156,573$155,221$153,901$149,393
2 years$78,900$77,430$76,006$74,625$73,286$68,782
3 years$52,077$50,602$49,181$47,813$46,496$42,135
4 years$38,669$37,198$35,791$34,447$33,161$28,978
5 years$30,626$29,163$27,775$26,458$25,209$21,214
6 years$25,265$23,814$22,447$21,159$19,947$16,145
7 years$21,438$19,999$18,653$17,396$16,222$12,612
8 years$18,569$17,143$15,819$14,593$13,458$10,038
9 years$16,339$14,926$13,625$12,430$11,333$8,101
10 years$14,555$13,156$11,879$10,715$9,657$6,606
11 years$13,097$11,712$10,458$9,325$8,305$5,432
12 years$11,883$10,512$9,281$8,179$7,197$4,495
13 years$10,857$9,500$8,292$7,221$6,276$3,739
14 years$9,977$8,635$7,451$6,410$5,501$3,124
15 years$9,216$7,889$6,727$5,717$4,844$2,619
16 years$8,551$7,238$6,099$5,119$4,281$2,201
17 years$7,964$6,666$5,550$4,599$3,796$1,855
18 years$7,443$6,159$5,066$4,145$3,375$1,566
19 years$6,978$5,708$4,638$3,745$3,008$1,325
20 years$6,559$5,305$4,256$3,392$2,687$1,122
21 years$6,181$4,941$3,915$3,078$2,405$951
22 years$5,838$4,612$3,608$2,799$2,155$807
23 years$5,525$4,314$3,332$2,549$1,935$685
24 years$5,239$4,042$3,081$2,325$1,739$583
25 years$4,976$3,793$2,854$2,123$1,565$495
26 years$4,733$3,565$2,647$1,941$1,410$422
27 years$4,509$3,355$2,458$1,777$1,271$359
28 years$4,302$3,161$2,285$1,628$1,147$306
29 years$4,108$2,982$2,126$1,493$1,035$260
30 years$3,929$2,816$1,980$1,370$936$222
31 years$3,761$2,662$1,846$1,258$846$189
32 years$3,604$2,519$1,723$1,157$765$161
33 years$3,456$2,386$1,608$1,064$692$137
34 years$3,318$2,261$1,503$979$627$117
35 years$3,188$2,145$1,405$901$568$100
36 years$3,065$2,036$1,314$830$515$85
37 years$2,950$1,933$1,230$764$466$73
38 years$2,840$1,837$1,152$705$423$62
39 years$2,737$1,747$1,079$650$383$53
40 years$2,639$1,662$1,012$599$348$45
41 years$2,546$1,582$949$553$315$38
42 years$2,457$1,507$890$510$286$33
43 years$2,373$1,436$835$471$260$28
44 years$2,293$1,369$784$435$236$24
45 years$2,217$1,305$736$402$214$20
46 years$2,144$1,245$691$371$194$17
47 years$2,075$1,188$649$343$176$15
48 years$2,008$1,134$610$317$160$13
49 years$1,945$1,083$574$293$146$11
50 years$1,884$1,035$539$271$132$9

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 $4,097 every year, while hoping to spend $26,440 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: 63/21/16 Blend
44$1,930,000$1,930,000$1,930,000$1,930,000
45$2,131,086$2,028,796$1,998,881$2,256,649
46$2,320,325$2,100,075$2,037,712$2,412,738
47$2,527,980$2,173,961$2,076,957$2,579,742
48$2,755,902$2,250,553$2,116,603$2,761,480
49$3,006,129$2,329,955$2,156,634$2,959,389
50$3,280,906$2,412,275$2,197,033$3,175,048
51$3,582,708$2,497,625$2,237,783$3,410,198
52$3,914,258$2,586,123$2,278,863$3,666,751
53$4,278,560$2,677,890$2,320,252$3,946,815
54$4,678,919$2,773,053$2,361,927$4,252,711
55$5,118,979$2,871,743$2,403,862$4,586,993
56$5,602,753$2,974,097$2,446,030$4,952,472
57$6,134,665$3,080,258$2,488,402$5,352,247
58$6,719,584$3,190,375$2,530,948$5,789,725
59$7,362,880$3,304,602$2,573,633$6,268,664
60$8,070,466$3,423,099$2,616,421$6,793,198
61$8,848,858$3,546,035$2,659,276$7,367,881
62$9,705,234$3,673,584$2,702,154$7,997,730
63$10,647,505$3,805,927$2,745,014$8,688,269
64$11,684,387$3,943,254$2,787,808$9,445,583
65$12,825,482$4,085,760$2,830,487$10,276,373
66$14,081,371$4,233,653$2,872,998$11,188,023
67$15,463,713$4,387,144$2,915,286$12,188,665
68$16,985,355$4,546,457$2,957,291$13,287,257
69$18,660,450$4,711,822$2,998,949$14,493,666
70$20,504,597$4,883,483$3,040,195$15,818,763
71$22,534,982$5,061,689$3,080,957$17,274,524
72$24,770,541$5,246,703$3,121,161$18,874,142
73$27,232,143$5,438,798$3,160,726$20,632,152
74$29,942,781$5,638,258$3,199,570$22,564,565
75$32,927,792$5,845,381$3,237,603$24,689,024
76$36,215,096$6,060,473$3,274,732$27,024,964
77$39,835,458$6,283,859$3,310,858$29,593,800
78$43,822,780$6,515,873$3,345,876$32,419,124
79$48,214,417$6,756,864$3,379,677$35,526,930
80$53,051,536$7,007,199$3,412,144$38,945,860
81$58,379,496$7,267,255$3,443,155$42,707,469
82$64,248,286$7,537,431$3,472,581$46,846,527
83$70,712,985$7,818,139$3,500,287$51,401,344
84$77,834,291$8,109,810$3,526,128$56,414,131
85$85,679,091$8,412,894$3,549,956$61,931,398
86$94,321,091$8,727,858$3,571,612$68,004,395
87$103,841,510$9,055,191$3,590,929$74,689,589
88$114,329,852$9,395,403$3,607,733$82,049,201
89$125,884,745$9,749,026$3,621,840$90,151,794
90$138,614,874$10,116,613$3,633,057$99,072,913
91$152,640,008$10,498,744$3,641,180$108,895,802
92$168,092,127$10,896,021$3,645,999$119,712,189
93$185,116,672$11,309,074$3,647,288$131,623,149
94$203,873,914$11,738,559$3,644,813$144,740,058
95$224,540,467$12,185,163$3,638,328$159,185,644
96$247,310,959$12,649,600$3,627,576$175,095,142
97$272,399,863$13,132,616$3,612,286$192,617,573
98$300,043,525$13,634,991$3,592,174$211,917,149
99$330,502,396$14,157,536$3,566,943$233,174,819
100$364,063,485$14,701,101$3,536,281$256,589,979