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%15.1%
1 years$113,959$112,944$111,954$110,987$110,043$107,733
2 years$56,415$55,365$54,346$53,359$52,401$50,085
3 years$37,237$36,181$35,166$34,188$33,246$30,995
4 years$27,649$26,597$25,592$24,630$23,711$21,544
5 years$21,898$20,853$19,860$18,918$18,025$15,947
6 years$18,065$17,028$16,050$15,129$14,262$12,276
7 years$15,329$14,300$13,338$12,439$11,599$9,705
8 years$13,277$12,258$11,311$10,434$9,623$7,820
9 years$11,683$10,672$9,742$8,888$8,104$6,391
10 years$10,407$9,407$8,494$7,661$6,905$5,280
11 years$9,365$8,375$7,478$6,668$5,938$4,400
12 years$8,497$7,517$6,636$5,848$5,146$3,692
13 years$7,763$6,793$5,929$5,163$4,487$3,115
14 years$7,134$6,175$5,327$4,583$3,934$2,640
15 years$6,590$5,641$4,810$4,088$3,463$2,246
16 years$6,114$5,175$4,361$3,660$3,061$1,916
17 years$5,695$4,766$3,968$3,288$2,714$1,640
18 years$5,322$4,404$3,622$2,964$2,413$1,406
19 years$4,989$4,082$3,316$2,678$2,151$1,208
20 years$4,690$3,793$3,043$2,425$1,921$1,039
21 years$4,420$3,533$2,799$2,201$1,719$895
22 years$4,174$3,298$2,580$2,001$1,541$772
23 years$3,951$3,084$2,382$1,823$1,383$667
24 years$3,746$2,890$2,203$1,662$1,243$576
25 years$3,558$2,712$2,041$1,518$1,119$498
26 years$3,384$2,549$1,893$1,388$1,008$431
27 years$3,224$2,399$1,757$1,271$909$373
28 years$3,076$2,260$1,634$1,164$820$323
29 years$2,938$2,132$1,520$1,068$740$280
30 years$2,809$2,014$1,416$980$669$243
31 years$2,689$1,904$1,320$900$605$211
32 years$2,577$1,801$1,232$827$547$183
33 years$2,471$1,706$1,150$760$495$159
34 years$2,372$1,617$1,075$700$448$138
35 years$2,279$1,533$1,005$644$406$119
36 years$2,192$1,455$940$593$368$104
37 years$2,109$1,382$880$547$333$90
38 years$2,031$1,314$824$504$302$78
39 years$1,957$1,249$772$464$274$68
40 years$1,887$1,189$723$428$249$59
41 years$1,820$1,131$678$395$226$51
42 years$1,757$1,078$636$365$205$44
43 years$1,697$1,027$597$337$186$39
44 years$1,640$979$560$311$169$33
45 years$1,585$933$526$287$153$29
46 years$1,533$890$494$265$139$25
47 years$1,484$850$464$245$126$22
48 years$1,436$811$436$226$115$19
49 years$1,391$774$410$209$104$17
50 years$1,347$740$386$193$95$14

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 $5,101 every year, while hoping to spend $49,070 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: 72/15/13 Blend
45$1,380,000$1,380,000$1,380,000$1,380,000
46$1,526,022$1,452,882$1,431,492$1,631,298
47$1,629,466$1,471,863$1,427,237$1,720,683
48$1,741,817$1,490,129$1,421,194$1,812,029
49$1,863,931$1,507,595$1,413,253$1,910,745
50$1,996,751$1,524,166$1,403,296$2,017,548
51$2,141,313$1,539,744$1,391,201$2,133,230
52$2,298,759$1,554,223$1,376,838$2,258,661
53$2,470,345$1,567,492$1,360,074$2,394,802
54$2,657,450$1,579,430$1,340,767$2,542,713
55$2,861,598$1,589,909$1,318,770$2,703,559
56$3,084,460$1,598,794$1,293,928$2,878,627
57$3,327,881$1,605,941$1,266,080$3,069,334
58$3,593,887$1,611,195$1,235,057$3,277,244
59$3,884,713$1,614,393$1,200,681$3,504,079
60$4,202,817$1,615,361$1,162,767$3,751,737
61$4,550,907$1,613,916$1,121,122$4,022,312
62$4,931,963$1,609,861$1,075,543$4,318,111
63$5,349,267$1,602,989$1,025,818$4,641,678
64$5,806,436$1,593,079$971,726$4,995,817
65$6,307,449$1,579,896$913,035$5,383,619
66$6,856,691$1,563,194$849,505$5,808,490
67$7,458,992$1,542,708$780,881$6,274,189
68$8,119,669$1,518,161$706,900$6,784,854
69$8,844,580$1,489,256$627,287$7,345,052
70$9,640,179$1,455,681$541,752$7,959,814
71$10,513,572$1,417,105$449,996$8,634,687
72$11,472,590$1,373,176$351,705$9,375,787
73$12,525,857$1,323,524$246,549$10,189,854
74$13,682,873$1,267,756$134,187$11,084,319
75$14,954,105$1,205,455$14,262$12,067,373
76$16,351,084$1,136,182$0$13,148,047
77$17,886,511$1,059,472$0$14,352,067
78$19,574,383$974,833$0$15,677,769
79$21,430,116$881,746$0$17,135,322
80$23,470,696$779,660$0$18,738,119
81$25,714,839$667,996$0$20,500,916
82$28,183,164$546,139$0$22,439,978
83$30,898,389$413,442$0$24,573,226
84$33,885,543$269,219$0$26,920,413
85$37,172,207$112,749$0$29,503,308
86$40,788,765$0$0$32,345,899
87$44,768,700$0$0$35,483,989
88$49,148,901$0$0$38,958,242
89$53,970,018$0$0$42,782,297
90$59,276,838$0$0$46,991,691
91$65,118,714$0$0$51,625,579
92$71,550,023$0$0$56,727,107
93$78,630,685$0$0$62,343,816
94$86,426,726$0$0$68,528,092
95$95,010,897$0$0$75,337,658
96$104,463,367$0$0$82,836,120
97$114,872,471$0$0$91,093,567
98$126,335,550$0$0$100,187,230
99$138,959,865$0$0$110,202,214
100$152,863,609$0$0$121,232,297