Can I retire at age 46 with 1,100,000?

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 $1,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$90,837$90,028$89,238$88,468$87,716$85,044
2 years$44,969$44,131$43,320$42,533$41,769$39,101
3 years$29,681$28,840$28,031$27,251$26,500$23,918
4 years$22,039$21,201$20,399$19,633$18,900$16,425
5 years$17,455$16,622$15,831$15,080$14,368$12,005
6 years$14,400$13,573$12,793$12,060$11,369$9,121
7 years$12,219$11,398$10,631$9,915$9,246$7,113
8 years$10,583$9,771$9,016$8,317$7,670$5,652
9 years$9,312$8,507$7,766$7,084$6,459$4,552
10 years$8,296$7,499$6,770$6,107$5,504$3,706
11 years$7,465$6,675$5,960$5,315$4,733$3,041
12 years$6,773$5,992$5,290$4,662$4,102$2,512
13 years$6,188$5,415$4,726$4,116$3,577$2,085
14 years$5,687$4,922$4,246$3,653$3,135$1,738
15 years$5,253$4,496$3,834$3,258$2,761$1,454
16 years$4,873$4,125$3,476$2,917$2,440$1,220
17 years$4,539$3,799$3,163$2,621$2,163$1,026
18 years$4,242$3,510$2,887$2,362$1,924$864
19 years$3,977$3,253$2,643$2,135$1,715$729
20 years$3,739$3,023$2,426$1,933$1,531$616
21 years$3,523$2,816$2,231$1,755$1,371$521
22 years$3,327$2,629$2,057$1,595$1,228$441
23 years$3,149$2,459$1,899$1,453$1,103$374
24 years$2,986$2,304$1,756$1,325$991$317
25 years$2,836$2,162$1,627$1,210$892$269
26 years$2,698$2,032$1,509$1,106$803$228
27 years$2,570$1,912$1,401$1,013$724$194
28 years$2,452$1,802$1,302$928$654$165
29 years$2,342$1,700$1,212$851$590$140
30 years$2,239$1,605$1,129$781$533$119
31 years$2,143$1,517$1,052$717$482$101
32 years$2,054$1,436$982$659$436$86
33 years$1,970$1,360$917$606$395$73
34 years$1,891$1,289$857$558$357$62
35 years$1,817$1,222$801$513$324$53
36 years$1,747$1,160$749$473$293$45
37 years$1,681$1,102$701$436$266$38
38 years$1,619$1,047$657$402$241$33
39 years$1,560$996$615$370$218$28
40 years$1,504$947$577$342$198$24
41 years$1,451$902$541$315$180$20
42 years$1,400$859$507$291$163$17
43 years$1,353$818$476$268$148$15
44 years$1,307$780$447$248$134$12
45 years$1,264$744$419$229$122$11
46 years$1,222$710$394$211$111$9
47 years$1,183$677$370$195$101$8
48 years$1,145$646$348$180$91$6
49 years$1,109$617$327$167$83$6
50 years$1,074$590$307$154$75$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,100,000, adding $5,188 every year, while hoping to spend $23,252 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: 47/26/27 Blend
45$1,100,000$1,100,000$1,100,000$1,100,000
46$1,217,551$1,159,251$1,142,201$1,265,145
47$1,317,002$1,191,315$1,155,725$1,331,271
48$1,425,817$1,224,170$1,168,923$1,400,329
49$1,544,927$1,257,831$1,181,759$1,474,839
50$1,675,357$1,292,313$1,194,195$1,555,327
51$1,818,236$1,327,628$1,206,193$1,642,369
52$1,974,806$1,363,792$1,217,711$1,736,602
53$2,146,437$1,400,818$1,228,704$1,838,726
54$2,334,634$1,438,720$1,239,127$1,949,513
55$2,541,060$1,477,510$1,248,931$2,069,812
56$2,767,543$1,517,203$1,258,065$2,200,560
57$3,016,097$1,557,810$1,266,474$2,342,790
58$3,288,940$1,599,344$1,274,103$2,497,637
59$3,588,517$1,641,817$1,280,890$2,666,355
60$3,917,521$1,685,241$1,286,775$2,850,323
61$4,278,916$1,729,626$1,291,690$3,051,063
62$4,675,971$1,774,983$1,295,567$3,270,250
63$5,112,284$1,821,322$1,298,333$3,509,730
64$5,591,822$1,868,651$1,299,912$3,771,540
65$6,118,952$1,916,979$1,300,223$4,057,922
66$6,698,487$1,966,313$1,299,182$4,371,346
67$7,335,730$2,016,660$1,296,702$4,714,537
68$8,036,522$2,068,024$1,292,690$5,090,496
69$8,807,301$2,120,411$1,287,049$5,502,532
70$9,655,157$2,173,823$1,279,676$5,954,288
71$10,587,905$2,228,261$1,270,467$6,449,784
72$11,614,152$2,283,727$1,259,308$6,993,447
73$12,743,384$2,340,218$1,246,084$7,590,156
74$13,986,052$2,397,732$1,230,671$8,245,291
75$15,353,672$2,456,263$1,212,941$8,964,778
76$16,858,932$2,515,806$1,192,760$9,755,150
77$18,515,813$2,576,350$1,169,987$10,623,607
78$20,339,720$2,637,885$1,144,476$11,578,084
79$22,347,628$2,700,398$1,116,072$12,627,325
80$24,558,239$2,763,870$1,084,613$13,780,968
81$26,992,164$2,828,285$1,049,932$15,049,637
82$29,672,112$2,893,618$1,011,853$16,445,039
83$32,623,108$2,959,845$970,190$17,980,076
84$35,872,725$3,026,938$924,751$19,668,968
85$39,451,347$3,094,863$875,335$21,527,387
86$43,392,457$3,163,583$821,731$23,572,607
87$47,732,948$3,233,059$763,720$25,823,664
88$52,513,474$3,303,245$701,070$28,301,538
89$57,778,835$3,374,090$633,542$31,029,352
90$63,578,396$3,445,540$560,885$34,032,589
91$69,966,554$3,517,534$482,837$37,339,335
92$77,003,255$3,590,005$399,124$40,980,542
93$84,754,552$3,662,880$309,460$44,990,324
94$93,293,236$3,736,081$213,547$49,406,277
95$102,699,518$3,809,521$111,072$54,269,835
96$113,061,787$3,883,106$1,712$59,626,663
97$124,477,446$3,956,735$0$65,527,086
98$137,053,828$4,030,297$0$72,059,698
99$150,909,211$4,103,674$0$79,255,174
100$166,173,933$4,176,737$0$87,180,494