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%14.5%
1 years$159,378$157,958$156,573$155,221$153,901$151,041
2 years$78,900$77,430$76,006$74,625$73,286$70,415
3 years$52,077$50,602$49,181$47,813$46,496$43,704
4 years$38,669$37,198$35,791$34,447$33,161$30,469
5 years$30,626$29,163$27,775$26,458$25,209$22,625
6 years$25,265$23,814$22,447$21,159$19,947$17,474
7 years$21,438$19,999$18,653$17,396$16,222$13,860
8 years$18,569$17,143$15,819$14,593$13,458$11,207
9 years$16,339$14,926$13,625$12,430$11,333$9,192
10 years$14,555$13,156$11,879$10,715$9,657$7,623
11 years$13,097$11,712$10,458$9,325$8,305$6,376
12 years$11,883$10,512$9,281$8,179$7,197$5,371
13 years$10,857$9,500$8,292$7,221$6,276$4,549
14 years$9,977$8,635$7,451$6,410$5,501$3,871
15 years$9,216$7,889$6,727$5,717$4,844$3,307
16 years$8,551$7,238$6,099$5,119$4,281$2,834
17 years$7,964$6,666$5,550$4,599$3,796$2,435
18 years$7,443$6,159$5,066$4,145$3,375$2,097
19 years$6,978$5,708$4,638$3,745$3,008$1,810
20 years$6,559$5,305$4,256$3,392$2,687$1,564
21 years$6,181$4,941$3,915$3,078$2,405$1,354
22 years$5,838$4,612$3,608$2,799$2,155$1,173
23 years$5,525$4,314$3,332$2,549$1,935$1,018
24 years$5,239$4,042$3,081$2,325$1,739$884
25 years$4,976$3,793$2,854$2,123$1,565$768
26 years$4,733$3,565$2,647$1,941$1,410$668
27 years$4,509$3,355$2,458$1,777$1,271$581
28 years$4,302$3,161$2,285$1,628$1,147$506
29 years$4,108$2,982$2,126$1,493$1,035$440
30 years$3,929$2,816$1,980$1,370$936$384
31 years$3,761$2,662$1,846$1,258$846$334
32 years$3,604$2,519$1,723$1,157$765$291
33 years$3,456$2,386$1,608$1,064$692$254
34 years$3,318$2,261$1,503$979$627$222
35 years$3,188$2,145$1,405$901$568$193
36 years$3,065$2,036$1,314$830$515$169
37 years$2,950$1,933$1,230$764$466$147
38 years$2,840$1,837$1,152$705$423$128
39 years$2,737$1,747$1,079$650$383$112
40 years$2,639$1,662$1,012$599$348$98
41 years$2,546$1,582$949$553$315$85
42 years$2,457$1,507$890$510$286$74
43 years$2,373$1,436$835$471$260$65
44 years$2,293$1,369$784$435$236$57
45 years$2,217$1,305$736$402$214$50
46 years$2,144$1,245$691$371$194$43
47 years$2,075$1,188$649$343$176$38
48 years$2,008$1,134$610$317$160$33
49 years$1,945$1,083$574$293$146$29
50 years$1,884$1,035$539$271$132$25

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 $3,729 every year, while hoping to spend $30,653 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: 42/45/13 Blend
44$1,930,000$1,930,000$1,930,000$1,930,000
45$2,130,706$2,028,416$1,998,501$2,211,932
46$2,315,424$2,095,194$2,032,837$2,336,087
47$2,517,955$2,164,217$2,067,295$2,467,110
48$2,740,085$2,235,562$2,101,848$2,608,315
49$2,983,779$2,309,310$2,136,465$2,760,645
50$3,251,202$2,385,544$2,171,114$2,925,139
51$3,544,740$2,464,350$2,205,761$3,102,936
52$3,867,018$2,545,818$2,240,369$3,295,289
53$4,220,931$2,630,041$2,274,899$3,503,577
54$4,609,667$2,717,114$2,309,309$3,729,314
55$5,036,738$2,807,137$2,343,555$3,974,167
56$5,506,011$2,900,213$2,377,591$4,239,968
57$6,021,750$2,996,448$2,411,365$4,528,736
58$6,588,649$3,095,955$2,444,826$4,842,687
59$7,211,880$3,198,846$2,477,918$5,184,263
60$7,897,144$3,305,242$2,510,580$5,556,149
61$8,650,719$3,415,265$2,542,751$5,961,302
62$9,479,523$3,529,043$2,574,363$6,402,975
63$10,391,177$3,646,709$2,605,347$6,884,749
64$11,394,080$3,768,400$2,635,629$7,410,566
65$12,497,483$3,894,259$2,665,129$7,984,764
66$13,711,581$4,024,432$2,693,766$8,612,121
67$15,047,606$4,159,074$2,721,451$9,297,897
68$16,517,936$4,298,342$2,748,094$10,047,882
69$18,136,207$4,442,403$2,773,597$10,868,454
70$19,917,445$4,591,425$2,797,857$11,766,633
71$21,878,207$4,745,587$2,820,767$12,750,152
72$24,036,735$4,905,072$2,842,215$13,827,526
73$26,413,133$5,070,071$2,862,079$15,008,134
74$29,029,549$5,240,782$2,880,236$16,302,304
75$31,910,392$5,417,409$2,896,552$17,721,411
76$35,082,555$5,600,165$2,910,890$19,277,987
77$38,575,674$5,789,272$2,923,103$20,985,831
78$42,422,404$5,984,957$2,933,038$22,860,146
79$46,658,729$6,187,460$2,940,535$24,917,677
80$51,324,300$6,397,026$2,945,424$27,176,870
81$56,462,811$6,613,912$2,947,527$29,658,046
82$62,122,407$6,838,383$2,946,659$32,383,590
83$68,356,145$7,070,716$2,942,624$35,378,161
84$75,222,487$7,311,197$2,935,217$38,668,926
85$82,785,858$7,560,123$2,924,224$42,285,817
86$91,117,249$7,817,802$2,909,419$46,261,804
87$100,294,889$8,084,555$2,890,566$50,633,217
88$110,404,985$8,360,716$2,867,417$55,440,079
89$121,542,531$8,646,628$2,839,713$60,726,486
90$133,812,209$8,942,652$2,807,183$66,541,021
91$147,329,372$9,249,160$2,769,541$72,937,213
92$162,221,137$9,566,539$2,726,491$79,974,039
93$178,627,585$9,895,191$2,677,719$87,716,483
94$196,703,076$10,235,533$2,622,901$96,236,142
95$216,617,715$10,587,999$2,561,693$105,611,907
96$238,558,952$10,953,041$2,493,739$115,930,702
97$262,733,350$11,331,125$2,418,665$127,288,305
98$289,368,542$11,722,740$2,336,080$139,790,248
99$318,715,368$12,128,390$2,245,574$153,552,818
100$351,050,256$12,548,600$2,146,721$168,704,144