Can I retire at age 46 with 1,370,000?

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 $1,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$113,133$112,126$111,142$110,183$109,246$104,870
2 years$56,007$54,964$53,953$52,972$52,022$47,668
3 years$36,967$35,919$34,911$33,940$33,005$28,810
4 years$27,449$26,404$25,406$24,452$23,539$19,536
5 years$21,740$20,701$19,716$18,781$17,894$14,092
6 years$17,935$16,904$15,934$15,020$14,159$10,561
7 years$15,218$14,196$13,241$12,348$11,515$8,119
8 years$13,181$12,169$11,229$10,359$9,553$6,356
9 years$11,598$10,595$9,672$8,823$8,045$5,042
10 years$10,332$9,339$8,432$7,606$6,855$4,040
11 years$9,297$8,314$7,424$6,619$5,895$3,262
12 years$8,435$7,462$6,588$5,806$5,109$2,650
13 years$7,706$6,744$5,886$5,126$4,455$2,162
14 years$7,082$6,130$5,289$4,550$3,905$1,772
15 years$6,542$5,600$4,775$4,058$3,438$1,456
16 years$6,070$5,138$4,329$3,633$3,039$1,199
17 years$5,653$4,732$3,939$3,265$2,694$990
18 years$5,284$4,372$3,596$2,942$2,396$819
19 years$4,953$4,052$3,292$2,658$2,135$678
20 years$4,656$3,765$3,021$2,408$1,907$562
21 years$4,388$3,507$2,779$2,185$1,707$466
22 years$4,144$3,274$2,561$1,987$1,530$387
23 years$3,922$3,062$2,365$1,809$1,373$321
24 years$3,719$2,869$2,187$1,650$1,234$267
25 years$3,532$2,692$2,026$1,507$1,111$222
26 years$3,360$2,530$1,879$1,378$1,001$185
27 years$3,201$2,381$1,745$1,261$902$154
28 years$3,053$2,244$1,622$1,156$814$128
29 years$2,916$2,117$1,509$1,060$735$107
30 years$2,789$1,999$1,406$973$664$89
31 years$2,670$1,890$1,311$893$600$74
32 years$2,558$1,788$1,223$821$543$62
33 years$2,453$1,693$1,142$755$492$51
34 years$2,355$1,605$1,067$695$445$43
35 years$2,263$1,522$997$639$403$36
36 years$2,176$1,445$933$589$365$30
37 years$2,094$1,372$873$543$331$25
38 years$2,016$1,304$818$500$300$21
39 years$1,943$1,240$766$461$272$17
40 years$1,873$1,180$718$425$247$14
41 years$1,807$1,123$673$392$224$12
42 years$1,744$1,070$632$362$203$10
43 years$1,685$1,019$593$334$184$8
44 years$1,628$972$556$309$167$7
45 years$1,574$926$522$285$152$6
46 years$1,522$884$491$263$138$5
47 years$1,473$843$461$243$125$4
48 years$1,426$805$433$225$114$3
49 years$1,381$769$407$208$103$3
50 years$1,338$734$383$192$94$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,370,000, adding $3,270 every year, while hoping to spend $35,716 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: 38/43/19 Blend
45$1,370,000$1,370,000$1,370,000$1,370,000
46$1,513,113$1,440,503$1,419,268$1,561,870
47$1,629,449$1,473,086$1,428,812$1,629,897
48$1,756,454$1,506,069$1,437,479$1,699,740
49$1,895,179$1,539,433$1,445,201$1,774,480
50$2,046,780$1,573,158$1,451,908$1,854,579
51$2,212,531$1,607,222$1,457,526$1,940,544
52$2,393,834$1,641,600$1,461,977$2,032,937
53$2,592,231$1,676,264$1,465,180$2,132,375
54$2,809,423$1,711,186$1,467,048$2,239,541
55$3,047,281$1,746,331$1,467,491$2,355,185
56$3,307,866$1,781,664$1,466,415$2,480,135
57$3,593,449$1,817,146$1,463,720$2,615,306
58$3,906,529$1,852,734$1,459,303$2,761,705
59$4,249,860$1,888,383$1,453,054$2,920,443
60$4,626,473$1,924,041$1,444,859$3,092,743
61$5,039,709$1,959,655$1,434,598$3,279,958
62$5,493,248$1,995,167$1,422,145$3,483,577
63$5,991,141$2,030,512$1,407,369$3,705,243
64$6,537,854$2,065,623$1,390,132$3,946,767
65$7,138,303$2,100,426$1,370,289$4,210,148
66$7,797,905$2,134,843$1,347,690$4,497,588
67$8,522,630$2,168,789$1,322,175$4,811,518
68$9,319,050$2,202,171$1,293,580$5,154,618
69$10,194,409$2,234,894$1,261,731$5,529,841
70$11,156,687$2,266,852$1,226,447$5,940,448
71$12,214,674$2,297,932$1,187,538$6,390,031
72$13,378,056$2,328,016$1,144,806$6,882,555
73$14,657,504$2,356,975$1,098,043$7,422,388
74$16,064,774$2,384,671$1,047,032$8,014,351
75$17,612,820$2,410,960$991,547$8,663,756
76$19,315,914$2,435,683$931,350$9,376,464
77$21,189,782$2,458,676$866,195$10,158,937
78$23,251,748$2,479,760$795,821$11,018,298
79$25,520,905$2,498,746$719,959$11,962,405
80$28,018,286$2,515,434$638,327$12,999,919
81$30,767,068$2,529,607$550,628$14,140,392
82$33,792,791$2,541,039$456,555$15,394,355
83$37,123,592$2,549,487$355,787$16,773,420
84$40,790,480$2,554,693$247,987$18,290,388
85$44,827,619$2,556,383$132,804$19,959,374
86$49,272,656$2,554,266$9,873$21,795,941
87$54,167,074$2,548,032$0$23,817,245
88$59,556,584$2,537,355$0$26,066,798
89$65,491,555$2,521,884$0$28,544,592
90$72,027,490$2,501,252$0$31,271,700
91$79,225,547$2,475,067$0$34,273,556
92$87,153,120$2,442,913$0$37,578,193
93$95,884,473$2,404,350$0$41,216,511
94$105,501,439$2,358,913$0$45,222,567
95$116,094,192$2,306,106$0$49,633,900
96$127,762,103$2,245,408$0$54,491,884
97$140,614,668$2,176,264$0$59,842,123
98$154,772,551$2,098,088$0$65,734,881
99$170,368,717$2,010,260$0$72,225,557
100$187,549,687$1,912,123$0$79,375,212