Can I retire at age 46 with 1,150,000?

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 $1,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$94,966$94,120$93,295$92,489$91,703$88,099
2 years$47,013$46,137$45,289$44,466$43,668$40,081
3 years$31,031$30,151$29,305$28,490$27,705$24,248
4 years$23,041$22,164$21,326$20,525$19,759$16,459
5 years$18,248$17,377$16,550$15,765$15,021$11,885
6 years$15,055$14,190$13,375$12,608$11,885$8,917
7 years$12,774$11,916$11,115$10,365$9,666$6,863
8 years$11,064$10,215$9,426$8,695$8,019$5,379
9 years$9,735$8,894$8,119$7,407$6,753$4,272
10 years$8,673$7,839$7,078$6,384$5,754$3,427
11 years$7,804$6,979$6,231$5,556$4,949$2,771
12 years$7,081$6,264$5,530$4,874$4,288$2,254
13 years$6,469$5,661$4,941$4,303$3,739$1,842
14 years$5,945$5,145$4,439$3,820$3,278$1,511
15 years$5,491$4,700$4,008$3,406$2,886$1,244
16 years$5,095$4,313$3,634$3,050$2,551$1,026
17 years$4,745$3,972$3,307$2,740$2,262$848
18 years$4,435$3,670$3,019$2,470$2,011$702
19 years$4,158$3,401$2,763$2,232$1,792$582
20 years$3,908$3,161$2,536$2,021$1,601$483
21 years$3,683$2,944$2,333$1,834$1,433$402
22 years$3,479$2,748$2,150$1,668$1,284$334
23 years$3,292$2,570$1,985$1,519$1,153$278
24 years$3,122$2,408$1,836$1,385$1,036$231
25 years$2,965$2,260$1,700$1,265$932$193
26 years$2,820$2,124$1,577$1,157$840$161
27 years$2,687$1,999$1,464$1,059$757$134
28 years$2,563$1,884$1,361$970$683$112
29 years$2,448$1,777$1,267$890$617$93
30 years$2,341$1,678$1,180$816$557$78
31 years$2,241$1,586$1,100$750$504$65
32 years$2,147$1,501$1,026$689$456$54
33 years$2,059$1,422$958$634$413$45
34 years$1,977$1,347$895$583$374$38
35 years$1,900$1,278$837$537$338$31
36 years$1,826$1,213$783$494$307$26
37 years$1,758$1,152$733$455$278$22
38 years$1,692$1,095$686$420$252$18
39 years$1,631$1,041$643$387$228$15
40 years$1,572$990$603$357$207$13
41 years$1,517$943$565$329$188$11
42 years$1,464$898$530$304$171$9
43 years$1,414$856$498$281$155$7
44 years$1,366$816$467$259$141$6
45 years$1,321$778$439$239$128$5
46 years$1,278$742$412$221$116$4
47 years$1,236$708$387$204$105$4
48 years$1,197$676$364$189$96$3
49 years$1,159$645$342$174$87$2
50 years$1,123$617$321$161$79$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,150,000, adding $2,722 every year, while hoping to spend $35,715 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: 52/38/10 Blend
45$1,150,000$1,150,000$1,150,000$1,150,000
46$1,270,108$1,209,158$1,191,333$1,332,731
47$1,361,658$1,230,406$1,193,242$1,396,921
48$1,461,350$1,251,498$1,194,018$1,462,626
49$1,569,975$1,272,390$1,193,585$1,533,248
50$1,688,407$1,293,031$1,191,865$1,609,260
51$1,817,605$1,313,370$1,188,773$1,691,182
52$1,958,626$1,333,350$1,184,222$1,779,589
53$2,112,633$1,352,912$1,178,121$1,875,113
54$2,280,908$1,371,990$1,170,373$1,978,454
55$2,464,859$1,390,516$1,160,879$2,090,380
56$2,666,039$1,408,416$1,149,533$2,211,742
57$2,886,156$1,425,610$1,136,224$2,343,475
58$3,127,094$1,442,015$1,120,838$2,486,614
59$3,390,923$1,457,539$1,103,252$2,642,296
60$3,679,927$1,472,088$1,083,340$2,811,778
61$3,996,617$1,485,558$1,060,969$2,996,446
62$4,343,762$1,497,840$1,036,002$3,197,828
63$4,724,410$1,508,818$1,008,292$3,417,610
64$5,141,917$1,518,368$977,687$3,657,650
65$5,599,983$1,526,358$944,030$3,919,998
66$6,102,679$1,532,647$907,152$4,206,915
67$6,654,492$1,537,087$866,882$4,520,896
68$7,260,364$1,539,519$823,037$4,864,690
69$7,925,740$1,539,773$775,427$5,241,330
70$8,656,615$1,537,672$723,854$5,654,161
71$9,459,597$1,533,025$668,110$6,106,871
72$10,341,963$1,525,631$607,979$6,603,530
73$11,311,732$1,515,275$543,235$7,148,622
74$12,377,736$1,501,731$473,640$7,747,094
75$13,549,707$1,484,758$398,949$8,404,402
76$14,838,366$1,464,100$318,903$9,126,562
77$16,255,527$1,439,488$233,233$9,920,208
78$17,814,202$1,410,634$141,658$10,792,653
79$19,528,731$1,377,236$43,885$11,751,964
80$21,414,914$1,338,973$0$12,807,034
81$23,490,155$1,295,503$0$13,974,121
82$25,773,636$1,246,467$0$15,263,002
83$28,286,487$1,191,484$0$16,680,949
84$31,051,993$1,130,151$0$18,241,142
85$34,095,810$1,062,042$0$19,958,114
86$37,446,206$986,706$0$21,847,885
87$41,134,330$903,665$0$23,928,112
88$45,194,504$812,417$0$26,218,264
89$49,664,547$712,429$0$28,739,799
90$54,586,130$603,138$0$31,516,372
91$60,005,173$483,949$0$34,574,061
92$65,972,273$354,235$0$37,941,608
93$72,543,183$213,331$0$41,650,699
94$79,779,342$60,538$0$45,736,259
95$87,748,446$0$0$50,236,789
96$96,525,095$0$0$55,238,581
97$106,191,491$0$0$60,775,476
98$116,838,215$0$0$66,874,065
99$128,565,084$0$0$73,591,545
100$141,482,089$0$0$80,990,941