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

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 $1,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$108,179$107,215$106,275$105,357$104,461$102,352
2 years$53,554$52,556$51,590$50,653$49,743$47,628
3 years$35,348$34,346$33,382$32,454$31,559$29,503
4 years$26,247$25,248$24,294$23,381$22,508$20,527
5 years$20,787$19,795$18,853$17,959$17,110$15,210
6 years$17,149$16,164$15,236$14,362$13,539$11,722
7 years$14,551$13,574$12,661$11,808$11,011$9,277
8 years$12,604$11,636$10,738$9,905$9,135$7,484
9 years$11,090$10,131$9,248$8,437$7,693$6,124
10 years$9,880$8,930$8,063$7,273$6,554$5,066
11 years$8,890$7,950$7,098$6,329$5,637$4,227
12 years$8,066$7,135$6,300$5,552$4,885$3,551
13 years$7,369$6,448$5,628$4,901$4,260$3,000
14 years$6,772$5,861$5,057$4,351$3,734$2,546
15 years$6,255$5,354$4,566$3,880$3,288$2,169
16 years$5,804$4,913$4,140$3,474$2,906$1,853
17 years$5,406$4,524$3,767$3,122$2,576$1,588
18 years$5,052$4,181$3,439$2,813$2,291$1,364
19 years$4,736$3,875$3,148$2,542$2,042$1,173
20 years$4,452$3,600$2,889$2,302$1,824$1,011
21 years$4,196$3,354$2,657$2,089$1,632$872
22 years$3,963$3,131$2,449$1,900$1,463$754
23 years$3,750$2,928$2,261$1,730$1,313$652
24 years$3,556$2,743$2,091$1,578$1,180$564
25 years$3,377$2,574$1,937$1,441$1,062$489
26 years$3,213$2,420$1,797$1,318$957$424
27 years$3,061$2,277$1,668$1,206$863$367
28 years$2,920$2,146$1,551$1,105$778$319
29 years$2,789$2,024$1,443$1,013$703$277
30 years$2,667$1,912$1,344$930$635$240
31 years$2,553$1,807$1,253$854$574$209
32 years$2,446$1,710$1,169$785$519$181
33 years$2,346$1,619$1,092$722$470$157
34 years$2,252$1,535$1,020$664$426$137
35 years$2,164$1,456$954$611$385$119
36 years$2,081$1,382$892$563$349$103
37 years$2,002$1,312$835$519$317$90
38 years$1,928$1,247$782$478$287$78
39 years$1,858$1,186$733$441$260$68
40 years$1,791$1,128$687$407$236$59
41 years$1,728$1,074$644$375$214$51
42 years$1,668$1,023$604$346$194$45
43 years$1,611$975$567$320$176$39
44 years$1,556$929$532$295$160$34
45 years$1,505$886$500$273$145$29
46 years$1,455$845$469$252$132$26
47 years$1,408$806$441$233$120$22
48 years$1,363$770$414$215$109$19
49 years$1,320$735$389$199$99$17
50 years$1,279$702$366$184$90$15

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 $5,867 every year, while hoping to spend $26,438 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: 34/49/17 Blend
45$1,310,000$1,310,000$1,310,000$1,310,000
46$1,449,672$1,380,242$1,359,937$1,491,166
47$1,569,409$1,419,744$1,377,365$1,561,596
48$1,700,472$1,460,295$1,394,491$1,634,613
49$1,843,991$1,501,920$1,411,276$1,712,789
50$2,001,205$1,544,641$1,427,681$1,796,597
51$2,173,483$1,588,484$1,443,663$1,886,552
52$2,362,329$1,633,471$1,459,178$1,983,223
53$2,569,404$1,679,628$1,474,177$2,087,237
54$2,796,533$1,726,979$1,488,612$2,199,281
55$3,045,728$1,775,550$1,502,429$2,320,114
56$3,319,205$1,825,365$1,515,573$2,450,569
57$3,619,406$1,876,450$1,527,987$2,591,562
58$3,949,019$1,928,829$1,539,608$2,744,105
59$4,311,006$1,982,529$1,550,372$2,909,307
60$4,708,630$2,037,574$1,560,211$3,088,395
61$5,145,485$2,093,991$1,569,053$3,282,713
62$5,625,532$2,151,804$1,576,824$3,493,747
63$6,153,133$2,211,038$1,583,444$3,723,130
64$6,733,094$2,271,720$1,588,830$3,972,661
65$7,370,709$2,333,875$1,592,896$4,244,321
66$8,071,813$2,397,526$1,595,549$4,540,294
67$8,842,831$2,462,699$1,596,694$4,862,983
68$9,690,847$2,529,417$1,596,230$5,215,035
69$10,623,660$2,597,705$1,594,050$5,599,369
70$11,649,867$2,667,587$1,590,045$6,019,197
71$12,778,939$2,739,084$1,584,097$6,478,060
72$14,021,310$2,812,219$1,576,084$6,979,856
73$15,388,480$2,887,014$1,565,879$7,528,883
74$16,893,117$2,963,489$1,553,347$8,129,876
75$18,549,179$3,041,664$1,538,349$8,788,049
76$20,372,048$3,121,559$1,520,736$9,509,149
77$22,378,672$3,203,190$1,500,356$10,299,510
78$24,587,724$3,286,574$1,477,045$11,166,107
79$27,019,782$3,371,726$1,450,637$12,116,629
80$29,697,520$3,458,661$1,420,953$13,159,547
81$32,645,921$3,547,389$1,387,809$14,304,197
82$35,892,515$3,637,922$1,351,011$15,560,864
83$39,467,639$3,730,267$1,310,357$16,940,884
84$43,404,719$3,824,431$1,265,634$18,456,747
85$47,740,589$3,920,417$1,216,622$20,122,217
86$52,515,839$4,018,227$1,163,089$21,952,463
87$57,775,194$4,117,860$1,104,792$23,964,199
88$63,567,940$4,219,311$1,041,478$26,175,845
89$69,948,385$4,322,572$972,883$28,607,700
90$76,976,376$4,427,634$898,731$31,282,132
91$84,717,860$4,534,482$818,732$34,223,793
92$93,245,507$4,643,096$732,584$37,459,848
93$102,639,396$4,753,456$639,973$41,020,236
94$112,987,772$4,865,532$540,570$44,937,946
95$124,387,875$4,979,294$434,029$49,249,338
96$136,946,862$5,094,703$319,993$53,994,478
97$150,782,816$5,211,718$198,087$59,217,523
98$166,025,860$5,330,288$67,919$64,967,132
99$182,819,384$5,450,359$0$71,296,932
100$201,321,403$5,571,869$0$78,278,898