Can I retire at age 46 with 1,310,000?

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 $1,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$108,179$107,215$106,275$105,357$104,461$103,890
2 years$53,554$52,556$51,590$50,653$49,743$49,167
3 years$35,348$34,346$33,382$32,454$31,559$30,996
4 years$26,247$25,248$24,294$23,381$22,508$21,962
5 years$20,787$19,795$18,853$17,959$17,110$16,582
6 years$17,149$16,164$15,236$14,362$13,539$13,030
7 years$14,551$13,574$12,661$11,808$11,011$10,522
8 years$12,604$11,636$10,738$9,905$9,135$8,665
9 years$11,090$10,131$9,248$8,437$7,693$7,242
10 years$9,880$8,930$8,063$7,273$6,554$6,124
11 years$8,890$7,950$7,098$6,329$5,637$5,225
12 years$8,066$7,135$6,300$5,552$4,885$4,492
13 years$7,369$6,448$5,628$4,901$4,260$3,885
14 years$6,772$5,861$5,057$4,351$3,734$3,377
15 years$6,255$5,354$4,566$3,880$3,288$2,948
16 years$5,804$4,913$4,140$3,474$2,906$2,583
17 years$5,406$4,524$3,767$3,122$2,576$2,270
18 years$5,052$4,181$3,439$2,813$2,291$2,000
19 years$4,736$3,875$3,148$2,542$2,042$1,767
20 years$4,452$3,600$2,889$2,302$1,824$1,563
21 years$4,196$3,354$2,657$2,089$1,632$1,386
22 years$3,963$3,131$2,449$1,900$1,463$1,230
23 years$3,750$2,928$2,261$1,730$1,313$1,094
24 years$3,556$2,743$2,091$1,578$1,180$974
25 years$3,377$2,574$1,937$1,441$1,062$867
26 years$3,213$2,420$1,797$1,318$957$774
27 years$3,061$2,277$1,668$1,206$863$690
28 years$2,920$2,146$1,551$1,105$778$617
29 years$2,789$2,024$1,443$1,013$703$551
30 years$2,667$1,912$1,344$930$635$493
31 years$2,553$1,807$1,253$854$574$441
32 years$2,446$1,710$1,169$785$519$395
33 years$2,346$1,619$1,092$722$470$353
34 years$2,252$1,535$1,020$664$426$316
35 years$2,164$1,456$954$611$385$284
36 years$2,081$1,382$892$563$349$254
37 years$2,002$1,312$835$519$317$228
38 years$1,928$1,247$782$478$287$204
39 years$1,858$1,186$733$441$260$183
40 years$1,791$1,128$687$407$236$164
41 years$1,728$1,074$644$375$214$147
42 years$1,668$1,023$604$346$194$132
43 years$1,611$975$567$320$176$119
44 years$1,556$929$532$295$160$107
45 years$1,505$886$500$273$145$96
46 years$1,455$845$469$252$132$86
47 years$1,408$806$441$233$120$77
48 years$1,363$770$414$215$109$69
49 years$1,320$735$389$199$99$62
50 years$1,279$702$366$184$90$56

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,310,000, adding $2,649 every year, while hoping to spend $26,282 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: 74/16/10 Blend
45$1,310,000$1,310,000$1,310,000$1,310,000
46$1,446,352$1,376,922$1,356,617$1,550,544
47$1,565,917$1,416,428$1,374,100$1,659,144
48$1,696,795$1,456,988$1,391,288$1,774,533
49$1,840,115$1,498,627$1,408,143$1,900,217
50$1,997,116$1,541,369$1,424,625$2,037,207
51$2,169,165$1,585,239$1,440,693$2,186,616
52$2,357,765$1,630,261$1,456,301$2,349,672
53$2,564,574$1,676,461$1,471,404$2,527,725
54$2,791,417$1,723,864$1,485,952$2,722,262
55$3,040,303$1,772,494$1,499,893$2,934,921
56$3,313,446$1,822,379$1,513,172$3,167,507
57$3,613,285$1,873,544$1,525,731$3,422,007
58$3,942,507$1,926,014$1,537,510$3,700,609
59$4,304,071$1,979,817$1,548,445$4,005,724
60$4,701,236$2,034,978$1,558,467$4,340,009
61$5,137,594$2,091,523$1,567,508$4,706,390
62$5,617,100$2,149,479$1,575,491$5,108,088
63$6,144,114$2,208,873$1,582,339$5,548,655
64$6,723,435$2,269,730$1,587,970$6,032,001
65$7,360,356$2,332,077$1,592,297$6,562,438
66$8,060,703$2,395,939$1,595,229$7,144,712
67$8,830,897$2,461,343$1,596,672$7,784,054
68$9,678,013$2,528,313$1,596,525$8,486,228
69$10,609,845$2,596,876$1,594,684$9,257,582
70$11,634,982$2,667,055$1,591,038$10,105,114
71$12,762,885$2,738,876$1,585,473$11,036,531
72$14,003,980$2,812,361$1,577,867$12,060,327
73$15,369,754$2,887,535$1,568,093$13,185,861
74$16,872,864$2,964,419$1,556,019$14,423,445
75$18,527,256$3,043,035$1,541,506$15,784,440
76$20,348,297$3,123,405$1,524,407$17,281,366
77$22,352,918$3,205,547$1,504,570$18,928,020
78$24,559,778$3,289,481$1,481,835$20,739,601
79$26,989,434$3,375,224$1,456,035$22,732,861
80$29,664,538$3,462,792$1,426,994$24,926,256
81$32,610,051$3,552,199$1,394,529$27,340,127
82$35,853,478$3,643,458$1,358,447$29,996,884
83$39,425,127$3,736,582$1,318,549$32,921,224
84$43,358,393$3,831,578$1,274,624$36,140,362
85$47,690,078$3,928,454$1,226,452$39,684,286
86$52,460,732$4,027,214$1,173,805$43,586,042
87$57,715,040$4,127,861$1,116,440$47,882,045
88$63,502,242$4,230,394$1,054,109$52,612,423
89$69,876,597$4,334,809$986,548$57,821,397
90$76,897,895$4,441,101$913,483$63,557,695
91$84,632,023$4,549,258$834,628$69,875,015
92$93,151,585$4,659,267$749,683$76,832,531
93$102,536,586$4,771,109$658,336$84,495,450
94$112,875,187$4,884,764$560,261$92,935,631
95$124,264,543$5,000,203$455,115$102,232,259
96$136,811,709$5,117,396$342,545$112,472,596
97$150,634,660$5,236,305$222,176$123,752,803
98$165,863,398$5,356,888$93,623$136,178,847
99$182,641,185$5,479,095$0$149,867,505
100$201,125,886$5,602,871$0$164,952,110