Can I retire at age 45 with 1,890,000?

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$156,074$154,684$153,328$152,004$150,711$147,487
2 years$77,265$75,826$74,431$73,079$71,767$68,535
3 years$50,998$49,553$48,162$46,822$45,532$42,392
4 years$37,867$36,427$35,049$33,733$32,474$29,451
5 years$29,991$28,559$27,200$25,910$24,686$21,788
6 years$24,742$23,320$21,981$20,720$19,533$16,764
7 years$20,994$19,585$18,267$17,035$15,886$13,245
8 years$18,184$16,788$15,492$14,291$13,179$10,666
9 years$16,000$14,617$13,343$12,172$11,098$8,712
10 years$14,254$12,884$11,633$10,493$9,456$7,193
11 years$12,826$11,470$10,241$9,132$8,133$5,991
12 years$11,637$10,295$9,089$8,010$7,048$5,023
13 years$10,632$9,303$8,120$7,071$6,146$4,235
14 years$9,771$8,456$7,296$6,277$5,387$3,587
15 years$9,025$7,725$6,587$5,598$4,743$3,049
16 years$8,373$7,088$5,972$5,013$4,192$2,600
17 years$7,799$6,527$5,435$4,504$3,717$2,223
18 years$7,289$6,032$4,961$4,059$3,305$1,905
19 years$6,833$5,590$4,542$3,667$2,946$1,635
20 years$6,424$5,195$4,168$3,322$2,631$1,406
21 years$6,053$4,839$3,834$3,015$2,355$1,210
22 years$5,717$4,517$3,534$2,741$2,111$1,043
23 years$5,411$4,224$3,263$2,496$1,895$900
24 years$5,130$3,958$3,017$2,277$1,703$777
25 years$4,873$3,714$2,795$2,079$1,532$672
26 years$4,635$3,491$2,592$1,901$1,380$581
27 years$4,416$3,285$2,407$1,740$1,245$502
28 years$4,212$3,096$2,237$1,594$1,123$435
29 years$4,023$2,920$2,082$1,462$1,014$376
30 years$3,847$2,758$1,939$1,342$916$326
31 years$3,683$2,607$1,808$1,232$828$282
32 years$3,529$2,467$1,687$1,133$749$245
33 years$3,385$2,336$1,575$1,041$678$212
34 years$3,249$2,214$1,472$958$614$184
35 years$3,122$2,100$1,376$882$556$160
36 years$3,002$1,993$1,287$812$504$138
37 years$2,888$1,893$1,205$749$457$120
38 years$2,781$1,799$1,128$690$414$104
39 years$2,680$1,711$1,057$636$375$90
40 years$2,584$1,628$991$587$341$78
41 years$2,493$1,550$929$541$309$68
42 years$2,406$1,476$871$500$280$59
43 years$2,324$1,406$818$461$254$51
44 years$2,246$1,340$768$426$231$44
45 years$2,171$1,278$721$393$210$39
46 years$2,100$1,219$677$363$190$33
47 years$2,032$1,164$636$336$173$29
48 years$1,967$1,111$598$310$157$25
49 years$1,905$1,061$562$287$143$22
50 years$1,845$1,013$528$265$129$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,890,000, adding $6,745 every year, while hoping to spend $49,956 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$1,890,000$1,890,000$1,890,000$1,890,000
45$2,089,737$1,989,567$1,960,272$2,157,040
46$2,249,738$2,033,903$1,972,789$2,250,722
47$2,424,384$2,078,738$1,984,050$2,346,833
48$2,615,117$2,124,042$1,993,962$2,449,844
49$2,823,523$2,169,784$2,002,424$2,560,416
50$3,051,350$2,215,930$2,009,332$2,679,278
51$3,300,519$2,262,442$2,014,576$2,807,235
52$3,573,148$2,309,278$2,018,040$2,945,175
53$3,871,568$2,356,392$2,019,604$3,094,076
54$4,198,347$2,403,734$2,019,140$3,255,018
55$4,556,312$2,451,251$2,016,514$3,429,193
56$4,948,576$2,498,882$2,011,588$3,617,913
57$5,378,567$2,546,564$2,004,213$3,822,629
58$5,850,063$2,594,228$1,994,236$4,044,939
59$6,367,222$2,641,797$1,981,495$4,286,606
60$6,934,626$2,689,192$1,965,822$4,549,576
61$7,557,320$2,736,325$1,947,039$4,835,993
62$8,240,862$2,783,101$1,924,961$5,148,226
63$8,991,376$2,829,419$1,899,393$5,488,884
64$9,815,606$2,875,169$1,870,132$5,860,847
65$10,720,981$2,920,236$1,836,965$6,267,291
66$11,715,686$2,964,493$1,799,668$6,711,719
67$12,808,737$3,007,804$1,758,009$7,197,995
68$14,010,069$3,050,027$1,711,742$7,730,382
69$15,330,624$3,091,006$1,660,613$8,313,578
70$16,782,458$3,130,577$1,604,355$8,952,769
71$18,378,856$3,168,561$1,542,687$9,653,671
72$20,134,450$3,204,772$1,475,318$10,422,589
73$22,065,364$3,239,006$1,401,942$11,266,478
74$24,189,364$3,271,050$1,322,240$12,193,005
75$26,526,022$3,300,674$1,235,877$13,210,627
76$29,096,903$3,327,634$1,142,506$14,328,670
77$31,925,769$3,351,670$1,041,762$15,557,416
78$35,038,800$3,372,504$933,263$16,908,206
79$38,464,843$3,389,842$816,613$18,393,544
80$42,235,683$3,403,371$691,396$20,027,216
81$46,386,343$3,412,756$557,178$21,824,427
82$50,955,413$3,417,644$413,506$23,801,938
83$55,985,414$3,417,657$259,907$25,978,232
84$61,523,200$3,412,397$95,889$28,373,688
85$67,620,400$3,401,438$0$31,010,773
86$74,333,902$3,384,330$0$33,936,216
87$81,726,392$3,360,594$0$37,185,188
88$89,866,945$3,329,724$0$40,761,324
89$98,831,675$3,291,181$0$44,697,983
90$108,704,453$3,244,397$0$49,031,931
91$119,577,702$3,188,767$0$53,803,690
92$131,553,261$3,123,650$0$59,057,923
93$144,743,355$3,048,370$0$64,843,855
94$159,271,646$2,962,209$0$71,215,738
95$175,274,403$2,864,406$0$78,233,369
96$192,901,788$2,754,158$0$85,962,649
97$212,319,272$2,630,614$0$94,476,214
98$233,709,198$2,492,874$0$103,854,117
99$257,272,496$2,339,985$0$114,184,589
100$283,230,587$2,170,940$0$125,564,869