Can I retire at age 46 with 1,090,000?

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 $1,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$90,011$89,209$88,427$87,664$86,918$85,513
2 years$44,560$43,730$42,926$42,146$41,390$39,978
3 years$29,412$28,578$27,776$27,003$26,259$24,885
4 years$21,839$21,008$20,214$19,454$18,728$17,402
5 years$17,296$16,470$15,687$14,943$14,237$12,962
6 years$14,269$13,449$12,677$11,950$11,265$10,044
7 years$12,108$11,295$10,535$9,825$9,162$7,994
8 years$10,487$9,682$8,934$8,242$7,600$6,486
9 years$9,228$8,430$7,695$7,020$6,401$5,339
10 years$8,220$7,430$6,709$6,051$5,454$4,444
11 years$7,397$6,615$5,906$5,267$4,690$3,731
12 years$6,711$5,937$5,242$4,619$4,065$3,155
13 years$6,131$5,365$4,683$4,078$3,544$2,683
14 years$5,635$4,877$4,208$3,620$3,107$2,292
15 years$5,205$4,455$3,799$3,229$2,736$1,966
16 years$4,829$4,088$3,444$2,891$2,418$1,692
17 years$4,498$3,765$3,134$2,597$2,144$1,460
18 years$4,204$3,479$2,861$2,341$1,906$1,263
19 years$3,941$3,224$2,619$2,115$1,699$1,095
20 years$3,705$2,996$2,404$1,916$1,518$951
21 years$3,491$2,790$2,211$1,739$1,358$827
22 years$3,297$2,605$2,038$1,581$1,217$720
23 years$3,121$2,436$1,882$1,440$1,093$627
24 years$2,959$2,283$1,740$1,313$982$547
25 years$2,810$2,142$1,612$1,199$884$478
26 years$2,673$2,013$1,495$1,096$796$417
27 years$2,547$1,895$1,388$1,004$718$365
28 years$2,429$1,785$1,290$919$648$319
29 years$2,320$1,684$1,201$843$585$279
30 years$2,219$1,591$1,119$774$528$244
31 years$2,124$1,504$1,043$711$478$214
32 years$2,035$1,423$973$653$432$188
33 years$1,952$1,347$908$601$391$164
34 years$1,874$1,277$849$553$354$144
35 years$1,800$1,211$794$509$321$126
36 years$1,731$1,150$742$469$291$111
37 years$1,666$1,092$695$432$263$97
38 years$1,604$1,038$651$398$239$85
39 years$1,546$987$610$367$217$75
40 years$1,490$939$571$338$196$66
41 years$1,438$894$536$312$178$58
42 years$1,388$851$503$288$162$50
43 years$1,340$811$472$266$147$44
44 years$1,295$773$443$246$133$39
45 years$1,252$737$416$227$121$34
46 years$1,211$703$390$210$110$30
47 years$1,172$671$367$194$100$26
48 years$1,134$641$345$179$91$23
49 years$1,098$612$324$165$82$20
50 years$1,064$584$305$153$75$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,090,000, adding $6,816 every year, while hoping to spend $38,348 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: 67/20/13 Blend
45$1,090,000$1,090,000$1,090,000$1,090,000
46$1,208,211$1,150,441$1,133,546$1,285,150
47$1,290,646$1,166,010$1,130,718$1,352,848
48$1,380,205$1,181,058$1,126,509$1,421,671
49$1,477,573$1,195,516$1,120,834$1,495,942
50$1,583,505$1,209,316$1,113,602$1,576,192
51$1,698,831$1,222,382$1,104,716$1,663,005
52$1,824,466$1,234,632$1,094,078$1,757,027
53$1,961,414$1,245,982$1,081,583$1,858,968
54$2,110,784$1,256,340$1,067,121$1,969,611
55$2,273,792$1,265,609$1,050,578$2,089,820
56$2,451,779$1,273,685$1,031,833$2,220,547
57$2,646,222$1,280,457$1,010,761$2,362,842
58$2,858,746$1,285,809$987,230$2,517,863
59$3,091,140$1,289,614$961,104$2,686,886
60$3,345,372$1,291,742$932,238$2,871,318
61$3,623,613$1,292,051$900,481$3,072,711
62$3,928,251$1,290,390$865,676$3,292,776
63$4,261,915$1,286,602$827,658$3,533,400
64$4,627,502$1,280,516$786,256$3,796,662
65$5,028,201$1,271,955$741,289$4,084,856
66$5,467,525$1,260,729$692,570$4,400,511
67$5,949,343$1,246,635$639,902$4,746,415
68$6,477,917$1,229,461$583,080$5,125,642
69$7,057,940$1,208,981$521,889$5,541,581
70$7,694,583$1,184,954$456,105$5,997,971
71$8,393,540$1,157,126$385,494$6,498,930
72$9,161,086$1,125,230$309,813$7,049,003
73$10,004,130$1,088,980$228,805$7,653,197
74$10,930,286$1,048,075$142,205$8,317,036
75$11,947,941$1,002,196$49,735$9,046,607
76$13,066,334$951,007$0$9,848,623
77$14,295,644$894,149$0$10,737,273
78$15,647,084$831,247$0$11,721,729
79$17,133,009$761,901$0$12,804,124
80$18,767,032$685,690$0$13,994,420
81$20,564,148$602,168$0$15,303,594
82$22,540,881$510,864$0$16,743,748
83$24,715,434$411,280$0$18,328,218
84$27,107,867$302,891$0$20,071,703
85$29,740,280$185,143$0$21,990,405
86$32,637,021$57,448$0$24,102,178
87$35,824,922$0$0$26,426,702
88$39,333,545$0$0$29,003,453
89$43,195,464$0$0$31,853,663
90$47,446,570$0$0$34,991,187
91$52,126,412$0$0$38,445,226
92$57,278,567$0$0$42,247,951
93$62,951,052$0$0$46,434,817
94$69,196,779$0$0$51,044,885
95$76,074,048$0$0$56,121,203
96$83,647,103$0$0$61,711,203
97$91,986,735$0$0$67,867,150
98$101,170,949$0$0$74,646,637
99$111,285,704$0$0$82,113,129
100$122,425,715$0$0$90,336,558