Can I retire at age 45 with 1,790,000?

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 $1,790,000?

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$147,817$146,500$145,215$143,961$142,737$138,557
2 years$73,176$71,814$70,493$69,212$67,970$63,792
3 years$48,300$46,931$45,614$44,345$43,123$39,079
4 years$35,864$34,499$33,195$31,948$30,756$26,876
5 years$28,404$27,048$25,761$24,539$23,380$19,675
6 years$23,433$22,087$20,818$19,624$18,500$14,974
7 years$19,883$18,548$17,300$16,134$15,045$11,697
8 years$17,222$15,899$14,672$13,534$12,482$9,310
9 years$15,153$13,843$12,637$11,528$10,511$7,513
10 years$13,500$12,202$11,017$9,938$8,956$6,127
11 years$12,147$10,863$9,699$8,649$7,703$5,038
12 years$11,021$9,750$8,608$7,586$6,675$4,169
13 years$10,069$8,811$7,691$6,697$5,821$3,468
14 years$9,254$8,009$6,910$5,945$5,102$2,897
15 years$8,548$7,316$6,239$5,302$4,492$2,429
16 years$7,930$6,713$5,656$4,747$3,970$2,042
17 years$7,386$6,182$5,147$4,265$3,520$1,721
18 years$6,903$5,713$4,699$3,844$3,130$1,453
19 years$6,472$5,294$4,301$3,473$2,790$1,228
20 years$6,084$4,920$3,948$3,146$2,492$1,040
21 years$5,733$4,583$3,631$2,855$2,230$882
22 years$5,415$4,278$3,347$2,596$1,999$748
23 years$5,125$4,001$3,090$2,364$1,794$636
24 years$4,859$3,748$2,858$2,156$1,613$540
25 years$4,615$3,518$2,647$1,969$1,451$459
26 years$4,390$3,306$2,455$1,801$1,307$391
27 years$4,182$3,111$2,279$1,648$1,179$333
28 years$3,990$2,932$2,119$1,510$1,064$283
29 years$3,810$2,766$1,972$1,385$960$241
30 years$3,644$2,612$1,837$1,271$868$206
31 years$3,488$2,469$1,712$1,167$785$175
32 years$3,342$2,336$1,598$1,073$710$149
33 years$3,206$2,213$1,492$986$642$127
34 years$3,077$2,097$1,394$908$581$109
35 years$2,957$1,989$1,303$835$527$93
36 years$2,843$1,888$1,219$769$477$79
37 years$2,736$1,793$1,141$709$432$67
38 years$2,634$1,704$1,069$653$392$57
39 years$2,538$1,620$1,001$602$356$49
40 years$2,447$1,542$938$556$323$42
41 years$2,361$1,468$880$513$293$36
42 years$2,279$1,398$825$473$265$30
43 years$2,201$1,332$774$437$241$26
44 years$2,127$1,269$727$403$219$22
45 years$2,056$1,210$683$372$199$19
46 years$1,989$1,155$641$344$180$16
47 years$1,924$1,102$602$318$164$14
48 years$1,863$1,052$566$294$149$12
49 years$1,804$1,005$532$271$135$10
50 years$1,748$960$500$251$123$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,790,000, adding $3,058 every year, while hoping to spend $39,305 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$1,790,000$1,790,000$1,790,000$1,790,000
45$1,975,734$1,880,864$1,853,119$2,062,120
46$2,135,439$1,931,206$1,873,379$2,172,289
47$2,310,116$1,982,698$1,892,999$2,287,400
48$2,501,252$2,035,354$1,911,918$2,411,362
49$2,710,481$2,089,188$1,930,070$2,545,003
50$2,939,607$2,144,215$1,947,383$2,689,240
51$3,190,611$2,200,446$1,963,785$2,845,077
52$3,465,680$2,257,894$1,979,199$3,013,621
53$3,767,219$2,316,571$1,993,542$3,196,091
54$4,097,879$2,376,486$2,006,728$3,393,829
55$4,460,577$2,437,649$2,018,668$3,608,311
56$4,858,529$2,500,067$2,029,267$3,841,162
57$5,295,276$2,563,747$2,038,424$4,094,172
58$5,774,719$2,628,694$2,046,036$4,369,314
59$6,301,153$2,694,913$2,051,991$4,668,757
60$6,879,311$2,762,405$2,056,173$4,994,893
61$7,514,409$2,831,170$2,058,463$5,350,355
62$8,212,188$2,901,208$2,058,731$5,738,042
63$8,978,978$2,972,513$2,056,845$6,161,151
64$9,821,748$3,045,080$2,052,663$6,623,200
65$10,748,178$3,118,902$2,046,040$7,128,066
66$11,766,730$3,193,965$2,036,820$7,680,020
67$12,886,724$3,270,257$2,024,841$8,283,768
68$14,118,431$3,347,761$2,009,934$8,944,494
69$15,473,166$3,426,456$1,991,922$9,667,908
70$16,963,395$3,506,319$1,970,618$10,460,305
71$18,602,855$3,587,322$1,945,827$11,328,617
72$20,406,679$3,669,434$1,917,345$12,280,486
73$22,391,543$3,752,619$1,884,959$13,324,328
74$24,575,819$3,836,836$1,848,444$14,469,420
75$26,979,753$3,922,041$1,807,567$15,725,984
76$29,625,649$4,008,183$1,762,082$17,105,281
77$32,538,087$4,095,205$1,711,733$18,619,724
78$35,744,147$4,183,046$1,656,252$20,282,988
79$39,273,672$4,271,637$1,595,358$22,110,146
80$43,159,543$4,360,903$1,528,759$24,117,804
81$47,437,991$4,450,762$1,456,147$26,324,264
82$52,148,940$4,541,124$1,377,202$28,749,696
83$57,336,383$4,631,890$1,291,589$31,416,325
84$63,048,795$4,722,953$1,198,958$34,348,643
85$69,339,592$4,814,198$1,098,943$37,573,642
86$76,267,635$4,905,498$991,162$41,121,069
87$83,897,783$4,996,717$875,216$45,023,702
88$92,301,508$5,087,707$750,686$49,317,668
89$101,557,567$5,178,310$617,139$54,042,777
90$111,752,745$5,268,353$474,120$59,242,901
91$122,982,674$5,357,652$321,152$64,966,392
92$135,352,738$5,446,008$157,742$71,266,533
93$148,979,062$5,533,207$0$78,202,045
94$163,989,612$5,619,020$0$85,839,063
95$180,525,400$5,703,200$0$94,261,943
96$198,741,818$5,785,483$0$103,535,851
97$218,810,099$5,865,588$0$113,747,453
98$240,918,939$5,943,211$0$124,992,254
99$265,276,271$6,018,029$0$137,375,506
100$292,111,235$6,089,697$0$151,013,197