Can I retire at age 46 with 1,110,000?

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 $1,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$91,663$90,846$90,050$89,272$88,513$87,589
2 years$45,378$44,532$43,713$42,919$42,149$41,218
3 years$29,951$29,102$28,285$27,499$26,741$25,833
4 years$22,240$21,393$20,585$19,811$19,072$18,193
5 years$17,614$16,773$15,974$15,217$14,498$13,651
6 years$14,531$13,696$12,910$12,169$11,472$10,658
7 years$12,330$11,502$10,728$10,005$9,330$8,549
8 years$10,680$9,859$9,098$8,393$7,740$6,992
9 years$9,397$8,584$7,836$7,149$6,518$5,804
10 years$8,371$7,567$6,832$6,162$5,554$4,872
11 years$7,533$6,736$6,015$5,363$4,776$4,126
12 years$6,834$6,046$5,338$4,704$4,139$3,521
13 years$6,244$5,464$4,769$4,153$3,609$3,021
14 years$5,738$4,966$4,285$3,687$3,164$2,606
15 years$5,300$4,537$3,869$3,288$2,786$2,257
16 years$4,918$4,163$3,508$2,944$2,462$1,961
17 years$4,580$3,834$3,192$2,645$2,183$1,709
18 years$4,281$3,542$2,914$2,384$1,941$1,493
19 years$4,013$3,283$2,667$2,154$1,730$1,308
20 years$3,773$3,051$2,448$1,951$1,545$1,147
21 years$3,555$2,842$2,252$1,770$1,383$1,008
22 years$3,358$2,653$2,075$1,610$1,240$887
23 years$3,178$2,481$1,916$1,466$1,113$781
24 years$3,013$2,324$1,772$1,337$1,000$689
25 years$2,862$2,181$1,641$1,221$900$608
26 years$2,722$2,050$1,522$1,117$811$537
27 years$2,593$1,929$1,414$1,022$731$475
28 years$2,474$1,818$1,314$936$660$420
29 years$2,363$1,715$1,223$859$596$372
30 years$2,259$1,620$1,139$788$538$329
31 years$2,163$1,531$1,062$724$486$292
32 years$2,073$1,449$991$665$440$259
33 years$1,988$1,372$925$612$398$229
34 years$1,908$1,300$864$563$361$203
35 years$1,833$1,233$808$518$327$180
36 years$1,763$1,171$756$477$296$160
37 years$1,696$1,112$708$440$268$142
38 years$1,633$1,057$663$405$243$126
39 years$1,574$1,005$621$374$220$112
40 years$1,518$956$582$345$200$99
41 years$1,464$910$546$318$181$88
42 years$1,413$867$512$293$165$78
43 years$1,365$826$480$271$149$70
44 years$1,319$787$451$250$136$62
45 years$1,275$751$423$231$123$55
46 years$1,233$716$398$213$112$49
47 years$1,193$683$373$197$102$43
48 years$1,155$652$351$182$92$39
49 years$1,119$623$330$168$84$34
50 years$1,084$595$310$156$76$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,110,000, adding $2,147 every year, while hoping to spend $34,609 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: 52/37/11 Blend
45$1,110,000$1,110,000$1,110,000$1,110,000
46$1,225,435$1,166,605$1,149,400$1,285,521
47$1,313,605$1,186,945$1,151,081$1,347,054
48$1,409,609$1,207,121$1,151,658$1,410,052
49$1,514,209$1,227,090$1,151,059$1,477,764
50$1,628,244$1,246,803$1,149,205$1,550,643
51$1,752,638$1,266,209$1,146,016$1,629,191
52$1,888,407$1,285,253$1,141,407$1,713,957
53$2,036,669$1,303,875$1,135,289$1,805,551
54$2,198,657$1,322,013$1,127,569$1,904,644
55$2,375,727$1,339,598$1,118,149$2,011,974
56$2,569,371$1,356,558$1,106,927$2,128,358
57$2,781,233$1,372,816$1,093,796$2,254,696
58$3,013,124$1,388,289$1,078,643$2,391,980
59$3,267,036$1,402,889$1,061,351$2,541,304
60$3,545,164$1,416,520$1,041,796$2,703,876
61$3,849,925$1,429,084$1,019,851$2,881,028
62$4,183,981$1,440,473$995,380$3,074,228
63$4,550,264$1,450,573$968,242$3,285,096
64$4,952,002$1,459,263$938,289$3,515,418
65$5,392,752$1,466,413$905,368$3,767,166
66$5,876,432$1,471,886$869,317$4,042,511
67$6,407,356$1,475,537$829,967$4,343,852
68$6,990,278$1,477,209$787,143$4,673,832
69$7,630,433$1,476,739$740,658$5,035,365
70$8,333,589$1,473,951$690,322$5,431,669
71$9,106,099$1,468,659$635,932$5,866,288
72$9,954,964$1,460,666$577,278$6,343,134
73$10,887,894$1,449,763$514,141$6,866,519
74$11,913,385$1,435,727$446,291$7,441,200
75$13,040,797$1,418,324$373,488$8,072,421
76$14,280,440$1,397,304$295,482$8,765,966
77$15,643,676$1,372,402$212,011$9,528,214
78$17,143,020$1,343,339$122,803$10,366,197
79$18,792,264$1,309,819$27,572$11,287,670
80$20,606,601$1,271,526$0$12,301,185
81$22,602,773$1,228,129$0$13,424,862
82$24,799,225$1,179,276$0$14,664,427
83$27,216,280$1,124,595$0$16,028,139
84$29,876,332$1,063,692$0$17,528,680
85$32,804,055$996,151$0$19,180,025
86$36,026,637$921,530$0$20,997,585
87$39,574,034$839,365$0$22,998,343
88$43,479,255$749,163$0$25,201,025
89$47,778,671$650,405$0$27,626,271
90$52,512,361$542,540$0$30,296,833
91$57,724,485$424,988$0$33,237,793
92$63,463,706$297,135$0$36,476,796
93$69,783,644$158,335$0$40,044,319
94$76,743,385$7,902$0$43,973,954
95$84,408,036$0$0$48,302,730
96$92,849,342$0$0$53,134,524
97$102,146,359$0$0$58,459,823
98$112,386,203$0$0$64,325,328
99$123,664,870$0$0$70,786,047
100$136,088,142$0$0$77,902,594