Can I retire at age 46 with 1,270,000?

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$104,875$103,941$103,030$102,140$101,272$99,512
2 years$51,919$50,952$50,014$49,106$48,225$46,458
3 years$34,269$33,297$32,363$31,463$30,596$28,876
4 years$25,445$24,477$23,552$22,667$21,821$20,162
5 years$20,153$19,190$18,277$17,410$16,588$14,995
6 years$16,625$15,670$14,771$13,923$13,126$11,600
7 years$14,107$13,160$12,274$11,447$10,675$9,217
8 years$12,219$11,281$10,410$9,603$8,856$7,465
9 years$10,751$9,822$8,966$8,179$7,458$6,134
10 years$9,578$8,657$7,817$7,051$6,354$5,096
11 years$8,618$7,707$6,882$6,136$5,465$4,271
12 years$7,819$6,918$6,107$5,382$4,736$3,604
13 years$7,144$6,251$5,456$4,752$4,130$3,059
14 years$6,565$5,682$4,903$4,218$3,620$2,609
15 years$6,064$5,191$4,426$3,762$3,187$2,233
16 years$5,627$4,763$4,013$3,368$2,817$1,918
17 years$5,241$4,386$3,652$3,026$2,498$1,651
18 years$4,898$4,053$3,334$2,727$2,221$1,425
19 years$4,592$3,756$3,052$2,464$1,980$1,233
20 years$4,316$3,491$2,801$2,232$1,768$1,068
21 years$4,068$3,251$2,576$2,026$1,582$926
22 years$3,842$3,035$2,374$1,842$1,418$805
23 years$3,636$2,839$2,192$1,677$1,273$700
24 years$3,447$2,660$2,028$1,530$1,144$609
25 years$3,274$2,496$1,878$1,397$1,030$530
26 years$3,115$2,346$1,742$1,277$928$462
27 years$2,967$2,208$1,617$1,169$836$403
28 years$2,831$2,080$1,503$1,071$755$352
29 years$2,704$1,962$1,399$982$681$307
30 years$2,585$1,853$1,303$902$616$268
31 years$2,475$1,752$1,215$828$557$234
32 years$2,371$1,658$1,134$761$503$205
33 years$2,274$1,570$1,058$700$456$179
34 years$2,183$1,488$989$644$413$156
35 years$2,098$1,411$925$593$374$137
36 years$2,017$1,339$865$546$339$120
37 years$1,941$1,272$810$503$307$105
38 years$1,869$1,209$758$464$278$92
39 years$1,801$1,150$710$427$252$80
40 years$1,736$1,094$666$394$229$70
41 years$1,675$1,041$624$364$208$61
42 years$1,617$992$586$336$188$54
43 years$1,562$945$549$310$171$47
44 years$1,509$901$516$286$155$41
45 years$1,459$859$484$264$141$36
46 years$1,411$819$455$244$128$32
47 years$1,365$782$427$226$116$28
48 years$1,322$746$402$208$105$24
49 years$1,280$713$377$193$96$21
50 years$1,240$681$355$178$87$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,270,000, adding $5,340 every year, while hoping to spend $24,600 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: 31/44/25 Blend
45$1,270,000$1,270,000$1,270,000$1,270,000
46$1,405,048$1,337,738$1,318,053$1,437,652
47$1,522,189$1,377,113$1,336,034$1,502,439
48$1,650,453$1,417,593$1,353,792$1,569,580
49$1,790,951$1,459,206$1,371,295$1,641,358
50$1,944,901$1,501,981$1,388,507$1,718,195
51$2,113,650$1,545,946$1,405,391$1,800,554
52$2,298,677$1,591,133$1,421,907$1,888,944
53$2,501,615$1,637,571$1,438,013$1,983,926
54$2,724,259$1,685,292$1,453,666$2,086,117
55$2,968,589$1,734,326$1,468,819$2,196,196
56$3,236,783$1,784,706$1,483,423$2,314,908
57$3,531,243$1,836,465$1,497,426$2,443,077
58$3,854,614$1,889,636$1,510,774$2,581,606
59$4,209,809$1,944,253$1,523,409$2,731,493
60$4,600,038$2,000,349$1,535,271$2,893,833
61$5,028,836$2,057,961$1,546,297$3,069,835
62$5,500,099$2,117,122$1,556,420$3,260,828
63$6,018,118$2,177,870$1,565,568$3,468,277
64$6,587,620$2,240,240$1,573,669$3,693,794
65$7,213,815$2,304,269$1,580,645$3,939,157
66$7,902,441$2,369,995$1,586,413$4,206,321
67$8,659,820$2,437,455$1,590,888$4,497,441
68$9,492,919$2,506,688$1,593,980$4,814,893
69$10,409,413$2,577,731$1,595,594$5,161,290
70$11,417,757$2,650,625$1,595,631$5,539,516
71$12,527,271$2,725,407$1,593,987$5,952,743
72$13,748,219$2,802,119$1,590,552$6,404,470
73$15,091,913$2,880,799$1,585,212$6,898,549
74$16,570,818$2,961,488$1,577,846$7,439,225
75$18,198,666$3,044,225$1,568,329$8,031,178
76$19,990,590$3,129,052$1,556,528$8,679,559
77$21,963,264$3,216,009$1,542,305$9,390,050
78$24,135,059$3,305,136$1,525,515$10,168,906
79$26,526,222$3,396,474$1,506,006$11,023,025
80$29,159,058$3,490,064$1,483,619$11,960,005
81$32,058,150$3,585,944$1,458,188$12,988,218
82$35,250,582$3,684,156$1,429,538$14,116,890
83$38,766,201$3,784,740$1,397,487$15,356,190
84$42,637,895$3,887,734$1,361,844$16,717,322
85$46,901,904$3,993,177$1,322,410$18,212,632
86$51,598,163$4,101,107$1,278,976$19,855,727
87$56,770,677$4,211,563$1,231,323$21,661,601
88$62,467,937$4,324,580$1,179,222$23,646,777
89$68,743,376$4,440,194$1,122,436$25,829,465
90$75,655,878$4,558,440$1,060,715$28,229,731
91$83,270,325$4,679,352$993,797$30,869,689
92$91,658,219$4,802,961$921,410$33,773,710
93$100,898,350$4,929,298$843,269$36,968,651
94$111,077,540$5,058,392$759,077$40,484,108
95$122,291,465$5,190,270$668,523$44,352,700
96$134,645,557$5,324,956$571,281$48,610,371
97$148,255,998$5,462,473$467,013$53,296,734
98$163,250,817$5,602,841$355,365$58,455,445
99$179,771,098$5,746,078$235,967$64,134,613
100$197,972,311$5,892,197$108,433$70,387,257