Can I retire at age 46 with 1,260,000?

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 $1,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$104,050$103,123$102,219$101,336$100,474$98,325
2 years$51,510$50,550$49,621$48,719$47,845$45,690
3 years$33,999$33,035$32,108$31,215$30,355$28,262
4 years$25,245$24,284$23,366$22,489$21,649$19,634
5 years$19,994$19,039$18,133$17,273$16,457$14,525
6 years$16,495$15,547$14,654$13,814$13,022$11,176
7 years$13,996$13,056$12,178$11,357$10,591$8,830
8 years$12,123$11,192$10,328$9,527$8,786$7,111
9 years$10,667$9,744$8,895$8,115$7,399$5,808
10 years$9,502$8,589$7,755$6,995$6,304$4,796
11 years$8,551$7,646$6,827$6,088$5,422$3,994
12 years$7,758$6,863$6,059$5,340$4,699$3,349
13 years$7,088$6,202$5,414$4,714$4,097$2,823
14 years$6,514$5,638$4,864$4,185$3,592$2,391
15 years$6,017$5,150$4,392$3,732$3,162$2,033
16 years$5,582$4,725$3,982$3,342$2,795$1,734
17 years$5,199$4,352$3,623$3,003$2,478$1,482
18 years$4,859$4,021$3,307$2,706$2,203$1,270
19 years$4,555$3,727$3,028$2,445$1,964$1,090
20 years$4,282$3,463$2,779$2,214$1,754$937
21 years$4,036$3,226$2,556$2,010$1,570$807
22 years$3,811$3,011$2,356$1,827$1,407$696
23 years$3,607$2,816$2,175$1,664$1,263$600
24 years$3,420$2,639$2,012$1,518$1,135$518
25 years$3,248$2,476$1,863$1,386$1,022$448
26 years$3,090$2,327$1,728$1,267$920$387
27 years$2,944$2,190$1,605$1,160$830$335
28 years$2,808$2,064$1,492$1,063$749$290
29 years$2,682$1,947$1,388$975$676$251
30 years$2,565$1,839$1,293$895$611$217
31 years$2,455$1,738$1,205$822$552$188
32 years$2,353$1,645$1,125$755$500$163
33 years$2,256$1,558$1,050$694$452$141
34 years$2,166$1,476$981$639$409$123
35 years$2,081$1,400$917$588$371$106
36 years$2,001$1,329$858$542$336$92
37 years$1,926$1,262$803$499$304$80
38 years$1,854$1,200$752$460$276$69
39 years$1,787$1,141$705$424$250$60
40 years$1,723$1,085$660$391$227$52
41 years$1,662$1,033$619$361$206$45
42 years$1,604$984$581$333$187$39
43 years$1,549$937$545$307$170$34
44 years$1,497$894$512$284$154$30
45 years$1,447$852$480$262$140$26
46 years$1,400$813$451$242$127$22
47 years$1,355$776$424$224$115$19
48 years$1,311$740$398$207$105$17
49 years$1,270$707$374$191$95$15
50 years$1,230$675$352$177$86$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,260,000, adding $6,492 every year, while hoping to spend $47,553 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: 66/28/6 Blend
45$1,260,000$1,260,000$1,260,000$1,260,000
46$1,395,216$1,328,436$1,308,906$1,485,566
47$1,486,933$1,342,934$1,302,159$1,560,871
48$1,586,410$1,356,548$1,293,591$1,636,823
49$1,694,390$1,369,185$1,283,093$1,718,556
50$1,811,688$1,380,745$1,270,547$1,806,628
51$1,939,202$1,391,123$1,255,832$1,901,652
52$2,077,917$1,400,205$1,238,819$2,004,305
53$2,228,921$1,407,871$1,219,375$2,115,333
54$2,393,407$1,413,993$1,197,360$2,235,560
55$2,572,690$1,418,435$1,172,628$2,365,892
56$2,768,218$1,421,051$1,145,024$2,507,329
57$2,981,582$1,421,689$1,114,389$2,660,976
58$3,214,537$1,420,185$1,080,554$2,828,049
59$3,469,011$1,416,366$1,043,344$3,009,890
60$3,747,129$1,410,046$1,002,575$3,207,979
61$4,051,230$1,401,032$958,055$3,423,948
62$4,383,889$1,389,116$909,584$3,659,596
63$4,747,941$1,374,079$856,950$3,916,908
64$5,146,509$1,355,686$799,936$4,198,074
65$5,583,031$1,333,693$738,311$4,505,508
66$6,061,292$1,307,836$671,837$4,841,872
67$6,585,463$1,277,839$600,263$5,210,101
68$7,160,136$1,243,409$523,327$5,613,435
69$7,790,368$1,204,234$440,757$6,055,443
70$8,481,732$1,159,987$352,268$6,540,064
71$9,240,361$1,110,320$257,562$7,071,640
72$10,073,016$1,054,864$156,329$7,654,959
73$10,987,141$993,229$48,243$8,295,302
74$11,990,937$925,005$0$8,998,492
75$13,093,439$849,756$0$9,775,247
76$14,304,597$767,022$0$10,631,926
77$15,635,376$676,316$0$11,573,268
78$17,097,853$577,124$0$12,607,907
79$18,705,334$468,903$0$13,745,362
80$20,472,479$351,080$0$14,996,125
81$22,415,437$223,048$0$16,371,765
82$24,552,002$84,168$0$17,885,036
83$26,901,777$0$0$19,549,997
84$29,486,363$0$0$21,402,557
85$32,329,554$0$0$23,469,098
86$35,457,573$0$0$25,742,756
87$38,899,306$0$0$28,244,541
88$42,686,586$0$0$30,997,603
89$46,854,485$0$0$34,027,449
90$51,441,646$0$0$37,362,184
91$56,490,649$0$0$41,032,776
92$62,048,413$0$0$45,073,348
93$68,166,633$0$0$49,521,497
94$74,902,274$0$0$54,418,654
95$82,318,104$0$0$59,810,468
96$90,483,286$0$0$65,747,243
97$99,474,032$0$0$72,284,406
98$109,374,320$0$0$79,483,034
99$120,276,686$0$0$87,410,429
100$132,283,099$0$0$96,140,753