Can I retire at age 46 with 1,380,000?

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$113,959$112,944$111,954$110,987$110,043$105,677
2 years$56,415$55,365$54,346$53,359$52,401$48,057
3 years$37,237$36,181$35,166$34,188$33,246$29,059
4 years$27,649$26,597$25,592$24,630$23,711$19,715
5 years$21,898$20,853$19,860$18,918$18,025$14,229
6 years$18,065$17,028$16,050$15,129$14,262$10,669
7 years$15,329$14,300$13,338$12,439$11,599$8,207
8 years$13,277$12,258$11,311$10,434$9,623$6,429
9 years$11,683$10,672$9,742$8,888$8,104$5,103
10 years$10,407$9,407$8,494$7,661$6,905$4,091
11 years$9,365$8,375$7,478$6,668$5,938$3,305
12 years$8,497$7,517$6,636$5,848$5,146$2,687
13 years$7,763$6,793$5,929$5,163$4,487$2,194
14 years$7,134$6,175$5,327$4,583$3,934$1,799
15 years$6,590$5,641$4,810$4,088$3,463$1,479
16 years$6,114$5,175$4,361$3,660$3,061$1,220
17 years$5,695$4,766$3,968$3,288$2,714$1,007
18 years$5,322$4,404$3,622$2,964$2,413$834
19 years$4,989$4,082$3,316$2,678$2,151$691
20 years$4,690$3,793$3,043$2,425$1,921$573
21 years$4,420$3,533$2,799$2,201$1,719$476
22 years$4,174$3,298$2,580$2,001$1,541$395
23 years$3,951$3,084$2,382$1,823$1,383$329
24 years$3,746$2,890$2,203$1,662$1,243$273
25 years$3,558$2,712$2,041$1,518$1,119$228
26 years$3,384$2,549$1,893$1,388$1,008$189
27 years$3,224$2,399$1,757$1,271$909$158
28 years$3,076$2,260$1,634$1,164$820$131
29 years$2,938$2,132$1,520$1,068$740$109
30 years$2,809$2,014$1,416$980$669$91
31 years$2,689$1,904$1,320$900$605$76
32 years$2,577$1,801$1,232$827$547$63
33 years$2,471$1,706$1,150$760$495$53
34 years$2,372$1,617$1,075$700$448$44
35 years$2,279$1,533$1,005$644$406$37
36 years$2,192$1,455$940$593$368$31
37 years$2,109$1,382$880$547$333$26
38 years$2,031$1,314$824$504$302$21
39 years$1,957$1,249$772$464$274$18
40 years$1,887$1,189$723$428$249$15
41 years$1,820$1,131$678$395$226$12
42 years$1,757$1,078$636$365$205$10
43 years$1,697$1,027$597$337$186$9
44 years$1,640$979$560$311$169$7
45 years$1,585$933$526$287$153$6
46 years$1,533$890$494$265$139$5
47 years$1,484$850$464$245$126$4
48 years$1,436$811$436$226$115$3
49 years$1,391$774$410$209$104$3
50 years$1,347$740$386$193$95$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,380,000, adding $4,913 every year, while hoping to spend $47,301 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: 66/25/9 Blend
45$1,380,000$1,380,000$1,380,000$1,380,000
46$1,525,828$1,452,688$1,431,298$1,623,446
47$1,631,134$1,473,542$1,428,918$1,709,860
48$1,745,597$1,493,832$1,424,874$1,798,187
49$1,870,099$1,513,481$1,419,059$1,893,487
50$2,005,614$1,532,406$1,411,362$1,996,436
51$2,153,211$1,550,519$1,401,667$2,107,779
52$2,314,069$1,567,725$1,389,853$2,228,335
53$2,489,483$1,583,922$1,375,792$2,359,010
54$2,680,880$1,599,004$1,359,350$2,500,800
55$2,889,829$1,612,854$1,340,388$2,654,804
56$3,118,059$1,625,352$1,318,759$2,822,234
57$3,367,473$1,636,366$1,294,310$3,004,426
58$3,640,166$1,645,758$1,266,879$3,202,850
59$3,938,443$1,653,381$1,236,300$3,419,132
60$4,264,844$1,659,077$1,202,396$3,655,061
61$4,622,166$1,662,679$1,164,984$3,912,609
62$5,013,488$1,664,011$1,123,872$4,193,952
63$5,442,199$1,662,884$1,078,857$4,501,488
64$5,912,036$1,659,097$1,029,731$4,837,862
65$6,427,110$1,652,439$976,273$5,205,989
66$6,991,950$1,642,684$918,254$5,609,083
67$7,611,547$1,629,593$855,433$6,050,688
68$8,291,395$1,612,913$787,560$6,534,711
69$9,037,546$1,592,375$714,373$7,065,459
70$9,856,669$1,567,694$635,597$7,647,682
71$10,756,106$1,538,569$550,947$8,286,617
72$11,743,949$1,504,679$460,124$8,988,035
73$12,829,110$1,465,686$362,816$9,758,301
74$14,021,407$1,421,232$258,698$10,604,433
75$15,331,655$1,370,937$147,429$11,534,165
76$16,771,770$1,314,399$28,654$12,556,027
77$18,354,881$1,251,195$0$13,679,421
78$20,095,448$1,180,873$0$14,924,133
79$22,009,408$1,102,960$0$16,295,717
80$24,114,314$1,016,951$0$17,804,058
81$26,429,509$922,317$0$19,463,081
82$28,976,303$818,495$0$21,288,141
83$31,778,177$704,891$0$23,296,158
84$34,860,999$580,880$0$25,505,784
85$38,253,275$445,797$0$27,937,576
86$41,986,412$298,943$0$30,614,195
87$46,095,014$139,580$0$33,560,615
88$50,617,212$0$0$36,804,365
89$55,595,021$0$0$40,384,885
90$61,074,734$0$0$44,368,800
91$67,107,362$0$0$48,754,810
92$73,749,113$0$0$53,583,796
93$81,061,921$0$0$58,900,803
94$89,114,034$0$0$64,755,465
95$97,980,651$0$0$71,202,476
96$107,744,639$0$0$78,302,104
97$118,497,307$0$0$86,120,759
98$130,339,273$0$0$94,731,619
99$143,381,409$0$0$104,215,323
100$157,745,891$0$0$114,660,729