Can I retire at age 46 with 1,330,000?

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$109,830$108,852$107,897$106,966$106,056$103,408
2 years$54,371$53,359$52,377$51,426$50,503$47,852
3 years$35,888$34,871$33,892$32,949$32,041$29,470
4 years$26,647$25,634$24,664$23,738$22,852$20,381
5 years$21,105$20,097$19,141$18,233$17,372$15,007
6 years$17,411$16,411$15,468$14,581$13,746$11,490
7 years$14,773$13,782$12,854$11,988$11,179$9,032
8 years$12,796$11,813$10,902$10,056$9,274$7,235
9 years$11,259$10,286$9,389$8,566$7,810$5,878
10 years$10,030$9,066$8,186$7,384$6,655$4,826
11 years$9,026$8,071$7,207$6,426$5,723$3,996
12 years$8,189$7,244$6,396$5,637$4,960$3,331
13 years$7,481$6,547$5,714$4,976$4,325$2,792
14 years$6,876$5,951$5,134$4,417$3,791$2,350
15 years$6,351$5,436$4,636$3,939$3,338$1,985
16 years$5,892$4,988$4,203$3,527$2,950$1,682
17 years$5,488$4,593$3,824$3,169$2,616$1,429
18 years$5,129$4,244$3,491$2,856$2,326$1,216
19 years$4,809$3,934$3,196$2,581$2,073$1,037
20 years$4,520$3,655$2,933$2,337$1,852$886
21 years$4,260$3,405$2,698$2,121$1,657$757
22 years$4,023$3,178$2,487$1,929$1,485$648
23 years$3,808$2,973$2,296$1,757$1,333$555
24 years$3,610$2,785$2,123$1,602$1,198$476
25 years$3,429$2,614$1,967$1,463$1,078$408
26 years$3,262$2,457$1,824$1,338$971$351
27 years$3,107$2,312$1,694$1,225$876$301
28 years$2,964$2,178$1,574$1,122$790$259
29 years$2,831$2,055$1,465$1,029$714$222
30 years$2,707$1,941$1,365$944$645$191
31 years$2,592$1,835$1,272$867$583$164
32 years$2,483$1,736$1,187$797$527$141
33 years$2,382$1,644$1,108$733$477$122
34 years$2,287$1,558$1,036$674$432$105
35 years$2,197$1,478$968$621$391$90
36 years$2,112$1,403$906$572$355$78
37 years$2,033$1,332$848$527$321$67
38 years$1,957$1,266$794$486$291$57
39 years$1,886$1,204$744$448$264$49
40 years$1,818$1,146$697$413$240$43
41 years$1,754$1,090$654$381$217$37
42 years$1,693$1,038$613$352$197$32
43 years$1,635$989$575$325$179$27
44 years$1,580$943$540$300$163$23
45 years$1,528$899$507$277$148$20
46 years$1,478$858$476$256$134$17
47 years$1,430$819$448$236$122$15
48 years$1,384$782$421$218$110$13
49 years$1,340$746$395$202$100$11
50 years$1,299$713$372$186$91$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,330,000, adding $2,140 every year, while hoping to spend $50,383 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: 53/33/14 Blend
45$1,330,000$1,330,000$1,330,000$1,330,000
46$1,467,867$1,397,377$1,376,762$1,540,091
47$1,563,983$1,412,242$1,369,277$1,604,472
48$1,668,213$1,426,146$1,359,852$1,668,925
49$1,781,333$1,438,989$1,348,369$1,737,909
50$1,904,195$1,450,666$1,334,705$1,811,868
51$2,037,736$1,461,061$1,318,731$1,891,289
52$2,182,985$1,470,054$1,300,309$1,976,715
53$2,341,079$1,477,515$1,279,298$2,068,741
54$2,513,264$1,483,308$1,255,550$2,168,029
55$2,700,914$1,487,287$1,228,907$2,275,308
56$2,905,540$1,489,297$1,199,209$2,391,382
57$3,128,805$1,489,173$1,166,282$2,517,143
58$3,372,541$1,486,740$1,129,951$2,653,573
59$3,638,763$1,481,813$1,090,027$2,801,758
60$3,929,689$1,474,195$1,046,315$2,962,898
61$4,247,763$1,463,676$998,612$3,138,318
62$4,595,674$1,450,035$946,705$3,329,482
63$4,976,382$1,433,036$890,369$3,538,004
64$5,393,150$1,412,431$829,373$3,765,671
65$5,849,566$1,387,956$763,472$4,014,452
66$6,349,586$1,359,330$692,412$4,286,524
67$6,897,564$1,326,257$615,928$4,584,288
68$7,498,296$1,288,424$533,742$4,910,399
69$8,157,063$1,245,498$445,564$5,267,783
70$8,879,685$1,197,128$351,091$5,659,674
71$9,672,567$1,142,942$250,007$6,089,640
72$10,542,769$1,082,546$141,982$6,561,619
73$11,498,064$1,015,524$26,672$7,079,958
74$12,547,018$941,436$0$7,649,456
75$13,699,064$859,817$0$8,289,805
76$14,964,594$770,173$0$8,997,638
77$16,355,058$671,987$0$9,775,473
78$17,883,067$564,708$0$10,630,487
79$19,562,517$447,755$0$11,570,593
80$21,408,715$320,516$0$12,604,519
81$23,438,526$182,344$0$13,741,891
82$25,670,530$32,553$0$14,993,325
83$28,125,199$0$0$16,370,525
84$30,825,088$0$0$17,933,456
85$33,795,044$0$0$19,665,876
86$37,062,449$0$0$21,571,954
87$40,657,470$0$0$23,669,307
88$44,613,343$0$0$25,977,347
89$48,966,694$0$0$28,517,459
90$53,757,874$0$0$31,313,212
91$59,031,346$0$0$34,390,571
92$64,836,104$0$0$37,778,149
93$71,226,128$0$0$41,507,470
94$78,260,902$0$0$45,613,276
95$86,005,970$0$0$50,133,842
96$94,533,551$0$0$55,111,349
97$103,923,227$0$0$60,592,273
98$114,262,689$0$0$66,627,828
99$125,648,564$0$0$73,274,446
100$138,187,327$0$0$80,594,312