Can I retire at age 46 with 1,400,000?

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$115,611$114,581$113,576$112,596$111,638$110,334
2 years$57,233$56,167$55,134$54,132$53,161$51,849
3 years$37,776$36,706$35,675$34,683$33,727$32,448
4 years$28,050$26,983$25,963$24,987$24,055$22,817
5 years$22,216$21,155$20,148$19,193$18,286$17,094
6 years$18,327$17,274$16,283$15,349$14,469$13,324
7 years$15,551$14,507$13,531$12,619$11,767$10,670
8 years$13,470$12,435$11,475$10,586$9,762$8,712
9 years$11,852$10,827$9,884$9,017$8,221$7,218
10 years$10,558$9,544$8,617$7,772$7,005$6,048
11 years$9,501$8,496$7,586$6,764$6,024$5,114
12 years$8,620$7,626$6,732$5,933$5,221$4,354
13 years$7,875$6,891$6,015$5,238$4,552$3,730
14 years$7,237$6,264$5,405$4,650$3,991$3,210
15 years$6,685$5,722$4,880$4,147$3,514$2,774
16 years$6,203$5,250$4,424$3,713$3,105$2,406
17 years$5,777$4,835$4,026$3,336$2,753$2,093
18 years$5,399$4,468$3,675$3,007$2,448$1,824
19 years$5,062$4,141$3,364$2,717$2,182$1,594
20 years$4,758$3,848$3,088$2,460$1,949$1,395
21 years$4,484$3,584$2,840$2,233$1,744$1,223
22 years$4,235$3,346$2,617$2,030$1,563$1,074
23 years$4,008$3,129$2,417$1,849$1,403$944
24 years$3,800$2,932$2,235$1,686$1,261$830
25 years$3,609$2,751$2,070$1,540$1,135$731
26 years$3,434$2,586$1,920$1,408$1,022$645
27 years$3,271$2,434$1,783$1,289$922$568
28 years$3,120$2,293$1,657$1,181$832$502
29 years$2,980$2,163$1,542$1,083$751$443
30 years$2,850$2,043$1,437$994$679$391
31 years$2,728$1,931$1,339$913$614$346
32 years$2,614$1,827$1,250$839$555$306
33 years$2,507$1,731$1,167$771$502$270
34 years$2,407$1,640$1,090$710$455$239
35 years$2,312$1,556$1,019$653$412$212
36 years$2,224$1,477$953$602$373$187
37 years$2,140$1,402$892$554$338$166
38 years$2,060$1,333$836$511$307$147
39 years$1,985$1,267$783$471$278$130
40 years$1,914$1,206$734$435$252$115
41 years$1,847$1,148$688$401$229$102
42 years$1,782$1,093$646$370$208$90
43 years$1,721$1,042$606$342$188$80
44 years$1,663$993$569$315$171$71
45 years$1,608$947$534$291$155$63
46 years$1,555$903$501$269$141$56
47 years$1,505$862$471$249$128$49
48 years$1,457$823$443$230$116$44
49 years$1,411$786$416$212$106$39
50 years$1,367$751$391$196$96$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,400,000, adding $2,690 every year, while hoping to spend $23,370 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: 44/41/15 Blend
45$1,400,000$1,400,000$1,400,000$1,400,000
46$1,545,575$1,471,375$1,449,675$1,606,783
47$1,678,358$1,518,607$1,473,373$1,697,090
48$1,823,902$1,567,370$1,497,083$1,792,364
49$1,983,483$1,617,714$1,520,778$1,895,124
50$2,158,508$1,669,692$1,544,434$2,006,071
51$2,350,526$1,723,357$1,568,023$2,125,975
52$2,561,243$1,778,765$1,591,515$2,255,682
53$2,792,539$1,835,974$1,614,880$2,396,123
54$3,046,484$1,895,042$1,638,084$2,548,324
55$3,325,357$1,956,031$1,661,092$2,713,410
56$3,631,672$2,019,005$1,683,867$2,892,621
57$3,968,196$2,084,029$1,706,370$3,087,322
58$4,337,976$2,151,172$1,728,558$3,299,013
59$4,744,373$2,220,502$1,750,388$3,529,346
60$5,191,086$2,292,094$1,771,813$3,780,140
61$5,682,191$2,366,021$1,792,783$4,053,396
62$6,222,180$2,442,361$1,813,246$4,351,316
63$6,816,001$2,521,195$1,833,148$4,676,326
64$7,469,105$2,602,605$1,852,431$5,031,096
65$8,187,498$2,686,678$1,871,032$5,418,566
66$8,977,799$2,773,501$1,888,887$5,841,972
67$9,847,298$2,863,166$1,905,929$6,304,880
68$10,804,030$2,955,768$1,922,085$6,811,214
69$11,856,846$3,051,406$1,937,279$7,365,297
70$13,015,500$3,150,180$1,951,434$7,971,889
71$14,290,737$3,252,196$1,964,464$8,636,235
72$15,694,401$3,357,562$1,976,281$9,364,107
73$17,239,537$3,466,390$1,986,794$10,161,867
74$18,940,523$3,578,796$1,995,905$11,036,522
75$20,813,200$3,694,901$2,003,511$11,995,786
76$22,875,023$3,814,828$2,009,506$13,048,163
77$25,145,227$3,938,706$2,013,776$14,203,015
78$27,645,006$4,066,668$2,016,203$15,470,658
79$30,397,714$4,198,852$2,016,663$16,862,456
80$33,429,084$4,335,400$2,015,025$18,390,929
81$36,767,475$4,476,458$2,011,152$20,069,868
82$40,444,133$4,622,181$2,004,902$21,914,468
83$44,493,492$4,772,724$1,996,123$23,941,470
84$48,953,492$4,928,252$1,984,657$26,169,316
85$53,865,945$5,088,934$1,970,340$28,618,327
86$59,276,924$5,254,943$1,952,998$31,310,891
87$65,237,196$5,426,461$1,932,450$34,271,674
88$71,802,708$5,603,676$1,908,505$37,527,855
89$79,035,108$5,786,780$1,880,964$41,109,379
90$87,002,332$5,975,976$1,849,620$45,049,240
91$95,779,241$6,171,469$1,814,253$49,383,793
92$105,448,329$6,373,476$1,774,635$54,153,094
93$116,100,501$6,582,219$1,730,528$59,401,281
94$127,835,932$6,797,928$1,681,681$65,176,987
95$140,765,013$7,020,842$1,627,833$71,533,800
96$155,009,389$7,251,208$1,568,710$78,530,769
97$170,703,111$7,489,282$1,504,026$86,232,957
98$187,993,900$7,735,328$1,433,483$94,712,059
99$207,044,540$7,989,622$1,356,767$104,047,077
100$228,034,416$8,252,446$1,273,552$114,325,061