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

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$116,436$115,399$114,387$113,400$112,435$109,274
2 years$57,642$56,568$55,528$54,519$53,541$50,380
3 years$38,046$36,968$35,930$34,931$33,968$30,907
4 years$28,250$27,175$26,148$25,166$24,227$21,288
5 years$22,374$21,306$20,292$19,330$18,417$15,609
6 years$18,458$17,398$16,399$15,458$14,572$11,899
7 years$15,662$14,611$13,628$12,709$11,851$9,311
8 years$13,566$12,524$11,557$10,661$9,832$7,424
9 years$11,937$10,904$9,954$9,081$8,280$6,002
10 years$10,634$9,612$8,678$7,828$7,055$4,904
11 years$9,569$8,557$7,640$6,813$6,067$4,040
12 years$8,681$7,680$6,781$5,976$5,258$3,350
13 years$7,931$6,941$6,058$5,276$4,585$2,792
14 years$7,289$6,309$5,443$4,683$4,019$2,338
15 years$6,733$5,763$4,914$4,176$3,539$1,964
16 years$6,247$5,288$4,456$3,740$3,128$1,654
17 years$5,818$4,870$4,054$3,360$2,773$1,397
18 years$5,438$4,500$3,701$3,028$2,466$1,182
19 years$5,098$4,170$3,388$2,736$2,198$1,002
20 years$4,792$3,875$3,110$2,478$1,963$850
21 years$4,516$3,610$2,860$2,249$1,757$723
22 years$4,265$3,370$2,636$2,045$1,575$615
23 years$4,037$3,151$2,434$1,862$1,414$523
24 years$3,827$2,953$2,251$1,698$1,270$446
25 years$3,635$2,771$2,085$1,551$1,143$380
26 years$3,458$2,604$1,934$1,418$1,030$324
27 years$3,294$2,451$1,796$1,298$928$277
28 years$3,143$2,309$1,669$1,189$838$236
29 years$3,002$2,179$1,553$1,091$756$202
30 years$2,870$2,058$1,447$1,001$684$172
31 years$2,747$1,945$1,349$919$618$147
32 years$2,633$1,840$1,259$845$559$126
33 years$2,525$1,743$1,175$777$506$107
34 years$2,424$1,652$1,098$715$458$92
35 years$2,329$1,567$1,026$658$415$78
36 years$2,239$1,487$960$606$376$67
37 years$2,155$1,412$899$558$341$57
38 years$2,075$1,342$842$515$309$49
39 years$1,999$1,276$789$475$280$42
40 years$1,928$1,214$739$438$254$36
41 years$1,860$1,156$693$404$230$31
42 years$1,795$1,101$650$373$209$26
43 years$1,734$1,049$610$344$190$22
44 years$1,675$1,000$573$318$172$19
45 years$1,620$953$538$293$156$16
46 years$1,566$910$505$271$142$14
47 years$1,516$868$474$250$129$12
48 years$1,467$829$446$231$117$10
49 years$1,421$791$419$214$106$9
50 years$1,377$756$394$198$97$8

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 $6,000 every year, while hoping to spend $47,870 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: 47/24/29 Blend
45$1,410,000$1,410,000$1,410,000$1,410,000
46$1,560,009$1,485,279$1,463,424$1,620,105
47$1,668,197$1,507,124$1,461,515$1,685,033
48$1,785,815$1,528,436$1,457,938$1,750,357
49$1,913,775$1,549,136$1,452,587$1,820,355
50$2,053,081$1,569,144$1,445,349$1,895,493
51$2,204,835$1,588,372$1,436,107$1,976,286
52$2,370,251$1,606,725$1,424,740$2,063,301
53$2,550,666$1,624,104$1,411,118$2,157,168
54$2,747,551$1,640,403$1,395,108$2,258,582
55$2,962,525$1,655,506$1,376,568$2,368,309
56$3,197,370$1,669,293$1,355,350$2,487,200
57$3,454,048$1,681,635$1,331,301$2,616,190
58$3,734,720$1,692,394$1,304,258$2,756,317
59$4,041,763$1,701,423$1,274,053$2,908,723
60$4,377,797$1,708,567$1,240,508$3,074,675
61$4,745,705$1,713,660$1,203,438$3,255,568
62$5,148,664$1,716,526$1,162,650$3,452,945
63$5,590,169$1,716,977$1,117,940$3,668,509
64$6,074,073$1,714,815$1,069,097$3,904,142
65$6,604,616$1,709,830$1,015,900$4,161,921
66$7,186,471$1,701,795$958,117$4,444,140
67$7,824,783$1,690,475$895,506$4,753,333
68$8,525,220$1,675,617$827,814$5,092,295
69$9,294,024$1,656,954$754,777$5,464,114
70$10,138,072$1,634,202$676,120$5,872,198
71$11,064,938$1,607,061$591,553$6,320,307
72$12,082,967$1,575,213$500,775$6,812,594
73$13,201,352$1,538,320$403,473$7,353,641
74$14,430,218$1,496,026$299,318$7,948,505
75$15,780,723$1,447,954$187,967$8,602,766
76$17,265,155$1,393,702$69,063$9,322,583
77$18,897,055$1,332,848$0$10,114,749
78$20,691,341$1,264,944$0$11,004,656
79$22,664,448$1,189,516$0$12,006,652
80$24,834,484$1,106,065$0$13,108,593
81$27,221,399$1,014,059$0$14,320,680
82$29,847,173$912,940$0$15,654,155
83$32,736,026$802,115$0$17,121,413
84$35,914,642$680,960$0$18,736,114
85$39,412,422$548,814$0$20,513,322
86$43,261,762$404,979$0$22,469,636
87$47,498,357$248,718$0$24,623,359
88$52,161,538$79,253$0$26,994,665
89$57,294,640$0$0$29,605,791
90$62,945,417$0$0$32,508,778
91$69,166,485$0$0$35,727,984
92$76,015,822$0$0$39,272,502
93$83,557,313$0$0$43,175,419
94$91,861,355$0$0$47,473,193
95$101,005,517$0$0$52,205,998
96$111,075,273$0$0$57,418,100
97$122,164,812$0$0$63,158,281
98$134,377,918$0$0$69,480,291
99$147,828,960$0$0$76,443,362
100$162,643,959$0$0$84,112,763