Can I retire at age 46 with 1,410,000?

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$116,436$115,399$114,387$113,400$112,435$111,215
2 years$57,642$56,568$55,528$54,519$53,541$52,312
3 years$38,046$36,968$35,930$34,931$33,968$32,769
4 years$28,250$27,175$26,148$25,166$24,227$23,066
5 years$22,374$21,306$20,292$19,330$18,417$17,299
6 years$18,458$17,398$16,399$15,458$14,572$13,498
7 years$15,662$14,611$13,628$12,709$11,851$10,822
8 years$13,566$12,524$11,557$10,661$9,832$8,846
9 years$11,937$10,904$9,954$9,081$8,280$7,338
10 years$10,634$9,612$8,678$7,828$7,055$6,156
11 years$9,569$8,557$7,640$6,813$6,067$5,211
12 years$8,681$7,680$6,781$5,976$5,258$4,443
13 years$7,931$6,941$6,058$5,276$4,585$3,811
14 years$7,289$6,309$5,443$4,683$4,019$3,284
15 years$6,733$5,763$4,914$4,176$3,539$2,842
16 years$6,247$5,288$4,456$3,740$3,128$2,468
17 years$5,818$4,870$4,054$3,360$2,773$2,150
18 years$5,438$4,500$3,701$3,028$2,466$1,877
19 years$5,098$4,170$3,388$2,736$2,198$1,642
20 years$4,792$3,875$3,110$2,478$1,963$1,440
21 years$4,516$3,610$2,860$2,249$1,757$1,264
22 years$4,265$3,370$2,636$2,045$1,575$1,111
23 years$4,037$3,151$2,434$1,862$1,414$978
24 years$3,827$2,953$2,251$1,698$1,270$862
25 years$3,635$2,771$2,085$1,551$1,143$760
26 years$3,458$2,604$1,934$1,418$1,030$671
27 years$3,294$2,451$1,796$1,298$928$593
28 years$3,143$2,309$1,669$1,189$838$524
29 years$3,002$2,179$1,553$1,091$756$464
30 years$2,870$2,058$1,447$1,001$684$410
31 years$2,747$1,945$1,349$919$618$363
32 years$2,633$1,840$1,259$845$559$321
33 years$2,525$1,743$1,175$777$506$285
34 years$2,424$1,652$1,098$715$458$252
35 years$2,329$1,567$1,026$658$415$224
36 years$2,239$1,487$960$606$376$198
37 years$2,155$1,412$899$558$341$176
38 years$2,075$1,342$842$515$309$156
39 years$1,999$1,276$789$475$280$138
40 years$1,928$1,214$739$438$254$123
41 years$1,860$1,156$693$404$230$109
42 years$1,795$1,101$650$373$209$97
43 years$1,734$1,049$610$344$190$86
44 years$1,675$1,000$573$318$172$76
45 years$1,620$953$538$293$156$68
46 years$1,566$910$505$271$142$60
47 years$1,516$868$474$250$129$53
48 years$1,467$829$446$231$117$47
49 years$1,421$791$419$214$106$42
50 years$1,377$756$394$198$97$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,410,000, adding $3,702 every year, while hoping to spend $26,722 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: 66/15/19 Blend
45$1,410,000$1,410,000$1,410,000$1,410,000
46$1,557,639$1,482,909$1,461,054$1,652,828
47$1,688,086$1,527,139$1,481,567$1,761,306
48$1,830,943$1,572,641$1,501,872$1,876,428
49$1,987,448$1,619,449$1,521,933$2,001,637
50$2,158,963$1,667,598$1,541,713$2,137,921
51$2,346,990$1,717,123$1,561,174$2,286,370
52$2,553,182$1,768,061$1,580,272$2,448,185
53$2,779,359$1,820,449$1,598,964$2,624,687
54$3,027,528$1,874,325$1,617,203$2,817,331
55$3,299,897$1,929,728$1,634,941$3,027,722
56$3,598,900$1,986,699$1,652,125$3,257,625
57$3,927,218$2,045,277$1,668,701$3,508,985
58$4,287,803$2,105,504$1,684,611$3,783,945
59$4,683,907$2,167,422$1,699,794$4,084,866
60$5,119,115$2,231,075$1,714,186$4,414,348
61$5,597,373$2,296,506$1,727,720$4,775,257
62$6,123,032$2,363,761$1,740,325$5,170,749
63$6,700,881$2,432,886$1,751,926$5,604,301
64$7,336,200$2,503,926$1,762,445$6,079,744
65$8,034,804$2,576,931$1,771,799$6,601,300
66$8,803,101$2,651,947$1,779,901$7,173,619
67$9,648,149$2,729,024$1,786,659$7,801,826
68$10,577,727$2,808,213$1,791,979$8,491,566
69$11,600,405$2,889,565$1,795,760$9,249,062
70$12,725,623$2,973,130$1,797,895$10,081,168
71$13,963,786$3,058,963$1,798,273$10,995,436
72$15,326,356$3,147,116$1,796,780$12,000,191
73$16,825,964$3,237,644$1,793,291$13,104,603
74$18,476,525$3,330,602$1,787,680$14,318,777
75$20,293,375$3,426,046$1,779,811$15,653,849
76$22,293,409$3,524,032$1,769,545$17,122,089
77$24,495,246$3,624,618$1,756,733$18,737,019
78$26,919,398$3,727,862$1,741,221$20,513,537
79$29,588,472$3,833,823$1,722,847$22,468,062
80$32,527,375$3,942,559$1,701,442$24,618,687
81$35,763,554$4,054,131$1,676,827$26,985,349
82$39,327,252$4,168,599$1,648,816$29,590,018
83$43,251,796$4,286,024$1,617,215$32,456,904
84$47,573,908$4,406,468$1,581,821$35,612,685
85$52,334,054$4,529,992$1,542,419$39,086,762
86$57,576,824$4,656,659$1,498,787$42,911,533
87$63,351,355$4,786,530$1,450,691$47,122,699
88$69,711,791$4,919,668$1,397,887$51,759,603
89$76,717,798$5,056,136$1,340,120$56,865,600
90$84,435,122$5,195,996$1,277,124$62,488,468
91$92,936,216$5,339,310$1,208,618$68,680,857
92$102,300,915$5,486,141$1,134,312$75,500,787
93$112,617,197$5,636,551$1,053,900$83,012,195
94$123,982,010$5,790,601$967,065$91,285,542
95$136,502,187$5,948,352$873,473$100,398,473
96$150,295,453$6,109,864$772,777$110,436,553
97$165,491,538$6,275,197$664,615$121,494,078
98$182,233,402$6,444,408$548,606$133,674,957
99$200,678,580$6,617,556$424,355$147,093,703
100$221,000,673$6,794,694$291,449$161,876,507