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

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$115,611$114,581$113,576$112,596$111,638$108,763
2 years$57,233$56,167$55,134$54,132$53,161$50,283
3 years$37,776$36,706$35,675$34,683$33,727$30,937
4 years$28,050$26,983$25,963$24,987$24,055$21,374
5 years$22,216$21,155$20,148$19,193$18,286$15,722
6 years$18,327$17,274$16,283$15,349$14,469$12,024
7 years$15,551$14,507$13,531$12,619$11,767$9,441
8 years$13,470$12,435$11,475$10,586$9,762$7,554
9 years$11,852$10,827$9,884$9,017$8,221$6,129
10 years$10,558$9,544$8,617$7,772$7,005$5,027
11 years$9,501$8,496$7,586$6,764$6,024$4,157
12 years$8,620$7,626$6,732$5,933$5,221$3,461
13 years$7,875$6,891$6,015$5,238$4,552$2,896
14 years$7,237$6,264$5,405$4,650$3,991$2,435
15 years$6,685$5,722$4,880$4,147$3,514$2,054
16 years$6,203$5,250$4,424$3,713$3,105$1,738
17 years$5,777$4,835$4,026$3,336$2,753$1,474
18 years$5,399$4,468$3,675$3,007$2,448$1,253
19 years$5,062$4,141$3,364$2,717$2,182$1,067
20 years$4,758$3,848$3,088$2,460$1,949$909
21 years$4,484$3,584$2,840$2,233$1,744$776
22 years$4,235$3,346$2,617$2,030$1,563$664
23 years$4,008$3,129$2,417$1,849$1,403$568
24 years$3,800$2,932$2,235$1,686$1,261$486
25 years$3,609$2,751$2,070$1,540$1,135$416
26 years$3,434$2,586$1,920$1,408$1,022$357
27 years$3,271$2,434$1,783$1,289$922$306
28 years$3,120$2,293$1,657$1,181$832$262
29 years$2,980$2,163$1,542$1,083$751$225
30 years$2,850$2,043$1,437$994$679$193
31 years$2,728$1,931$1,339$913$614$166
32 years$2,614$1,827$1,250$839$555$142
33 years$2,507$1,731$1,167$771$502$122
34 years$2,407$1,640$1,090$710$455$105
35 years$2,312$1,556$1,019$653$412$90
36 years$2,224$1,477$953$602$373$78
37 years$2,140$1,402$892$554$338$67
38 years$2,060$1,333$836$511$307$57
39 years$1,985$1,267$783$471$278$49
40 years$1,914$1,206$734$435$252$42
41 years$1,847$1,148$688$401$229$36
42 years$1,782$1,093$646$370$208$31
43 years$1,721$1,042$606$342$188$27
44 years$1,663$993$569$315$171$23
45 years$1,608$947$534$291$155$20
46 years$1,555$903$501$269$141$17
47 years$1,505$862$471$249$128$15
48 years$1,457$823$443$230$116$13
49 years$1,411$786$416$212$106$11
50 years$1,367$751$391$196$96$9

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 $3,330 every year, while hoping to spend $30,436 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: 52/31/17 Blend
45$1,400,000$1,400,000$1,400,000$1,400,000
46$1,546,235$1,472,035$1,450,335$1,619,308
47$1,671,567$1,511,781$1,466,537$1,709,548
48$1,808,663$1,552,454$1,482,263$1,804,175
49$1,958,691$1,594,069$1,497,463$1,906,427
50$2,122,936$1,636,637$1,512,086$2,017,039
51$2,302,815$1,680,171$1,526,080$2,136,815
52$2,499,886$1,724,684$1,539,388$2,266,643
53$2,715,868$1,770,186$1,551,951$2,407,501
54$2,952,650$1,816,690$1,563,706$2,560,466
55$3,212,318$1,864,205$1,574,587$2,726,722
56$3,497,164$1,912,740$1,584,525$2,907,577
57$3,809,716$1,962,306$1,593,448$3,104,467
58$4,152,757$2,012,909$1,601,278$3,318,977
59$4,529,353$2,064,557$1,607,936$3,552,853
60$4,942,882$2,117,255$1,613,337$3,808,018
61$5,397,065$2,171,009$1,617,393$4,086,588
62$5,895,999$2,225,822$1,620,009$4,390,898
63$6,444,201$2,281,697$1,621,089$4,723,519
64$7,046,643$2,338,634$1,620,530$5,087,284
65$7,708,807$2,396,633$1,618,223$5,485,313
66$8,436,728$2,455,691$1,614,057$5,921,046
67$9,237,059$2,515,804$1,607,912$6,398,272
68$10,117,126$2,576,966$1,599,664$6,921,166
69$11,085,004$2,639,168$1,589,184$7,494,330
70$12,149,587$2,702,400$1,576,334$8,122,832
71$13,320,675$2,766,649$1,560,972$8,812,261
72$14,609,068$2,831,898$1,542,948$9,568,772
73$16,026,661$2,898,130$1,522,106$10,399,149
74$17,586,565$2,965,322$1,498,280$11,310,869
75$19,303,222$3,033,450$1,471,299$12,312,171
76$21,192,546$3,102,485$1,440,984$13,412,132
77$23,272,075$3,172,396$1,407,146$14,620,760
78$25,561,129$3,243,145$1,369,587$15,949,078
79$28,080,998$3,314,694$1,328,103$17,409,240
80$30,855,142$3,386,996$1,282,476$19,014,634
81$33,909,410$3,460,002$1,232,483$20,780,019
82$37,272,285$3,533,657$1,177,886$22,721,657
83$40,975,153$3,607,902$1,118,440$24,857,471
84$45,052,598$3,682,668$1,053,888$27,207,212
85$49,542,729$3,757,885$983,959$29,792,648
86$54,487,538$3,833,472$908,372$32,637,766
87$59,933,299$3,909,344$826,834$35,769,005
88$65,931,000$3,985,406$739,038$39,215,498
89$72,536,828$4,061,558$644,662$43,009,353
90$79,812,698$4,137,688$543,372$47,185,956
91$87,826,837$4,213,677$434,818$51,784,302
92$96,654,424$4,289,398$318,635$56,847,369
93$106,378,307$4,364,710$194,440$62,422,517
94$117,089,777$4,439,463$61,837$68,561,944
95$128,889,435$4,513,498$0$75,323,171
96$141,888,138$4,586,640$0$82,784,044
97$156,208,046$4,658,704$0$91,012,884
98$171,983,776$4,729,489$0$100,075,537
99$189,363,668$4,798,781$0$110,056,939
100$208,511,193$4,866,352$0$121,050,689