Can I retire at age 46 with 1,430,000?

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$118,088$117,036$116,010$115,008$114,030$109,636
2 years$58,459$57,371$56,316$55,292$54,300$49,925
3 years$38,586$37,492$36,440$35,426$34,450$30,233
4 years$28,651$27,561$26,519$25,523$24,570$20,542
5 years$22,692$21,608$20,580$19,604$18,678$14,849
6 years$18,720$17,645$16,631$15,677$14,779$11,153
7 years$15,884$14,818$13,821$12,889$12,019$8,594
8 years$13,758$12,702$11,721$10,812$9,971$6,744
9 years$12,106$11,059$10,095$9,210$8,397$5,363
10 years$10,785$9,748$8,801$7,939$7,155$4,308
11 years$9,704$8,678$7,749$6,909$6,153$3,487
12 years$8,805$7,789$6,877$6,060$5,332$2,840
13 years$8,044$7,039$6,144$5,350$4,650$2,324
14 years$7,393$6,398$5,520$4,749$4,076$1,910
15 years$6,828$5,845$4,984$4,236$3,589$1,574
16 years$6,335$5,363$4,519$3,793$3,172$1,300
17 years$5,901$4,939$4,112$3,408$2,812$1,076
18 years$5,515$4,564$3,754$3,071$2,501$893
19 years$5,170$4,230$3,436$2,775$2,229$741
20 years$4,860$3,930$3,154$2,513$1,991$616
21 years$4,580$3,661$2,901$2,281$1,782$513
22 years$4,326$3,417$2,674$2,074$1,597$427
23 years$4,094$3,196$2,469$1,889$1,434$356
24 years$3,882$2,995$2,283$1,723$1,289$297
25 years$3,687$2,810$2,114$1,573$1,159$248
26 years$3,507$2,641$1,961$1,438$1,044$207
27 years$3,341$2,486$1,821$1,317$942$173
28 years$3,187$2,342$1,693$1,206$850$144
29 years$3,044$2,210$1,575$1,106$767$120
30 years$2,911$2,087$1,467$1,015$693$101
31 years$2,786$1,973$1,368$932$627$84
32 years$2,670$1,867$1,276$857$567$70
33 years$2,561$1,768$1,192$788$513$59
34 years$2,458$1,675$1,114$725$465$49
35 years$2,362$1,589$1,041$667$421$41
36 years$2,271$1,508$974$615$381$34
37 years$2,185$1,432$912$566$346$29
38 years$2,104$1,361$854$522$313$24
39 years$2,028$1,295$800$481$284$20
40 years$1,955$1,232$750$444$258$17
41 years$1,886$1,172$703$410$234$14
42 years$1,821$1,117$659$378$212$12
43 years$1,758$1,064$619$349$192$10
44 years$1,699$1,014$581$322$175$8
45 years$1,643$967$545$298$159$7
46 years$1,589$922$512$275$144$6
47 years$1,537$880$481$254$131$5
48 years$1,488$840$452$235$119$4
49 years$1,441$803$425$217$108$3
50 years$1,396$767$400$200$98$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,430,000, adding $6,800 every year, while hoping to spend $58,643 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: 56/37/7 Blend
45$1,430,000$1,430,000$1,430,000$1,430,000
46$1,582,874$1,507,084$1,484,919$1,668,650
47$1,681,932$1,518,536$1,472,268$1,738,696
48$1,789,128$1,528,583$1,457,228$1,807,812
49$1,905,230$1,537,095$1,439,657$1,881,652
50$2,031,084$1,543,933$1,419,405$1,960,670
51$2,167,617$1,548,948$1,396,319$2,045,371
52$2,315,852$1,551,985$1,370,233$2,136,314
53$2,476,912$1,552,875$1,340,979$2,234,114
54$2,652,033$1,551,441$1,308,377$2,339,453
55$2,842,573$1,547,495$1,272,241$2,453,084
56$3,050,030$1,540,837$1,232,376$2,575,837
57$3,276,050$1,531,254$1,188,577$2,708,631
58$3,522,443$1,518,522$1,140,630$2,852,483
59$3,791,203$1,502,401$1,088,313$3,008,513
60$4,084,526$1,482,638$1,031,391$3,177,961
61$4,404,826$1,458,966$969,621$3,362,196
62$4,754,763$1,431,100$902,747$3,562,731
63$5,137,263$1,398,738$830,504$3,781,235
64$5,555,550$1,361,562$752,612$4,019,555
65$6,013,172$1,319,235$668,781$4,279,728
66$6,514,037$1,271,399$578,706$4,564,005
67$7,062,447$1,217,676$482,071$4,874,872
68$7,663,140$1,157,666$378,544$5,215,074
69$8,321,334$1,090,945$267,779$5,587,642
70$9,042,776$1,017,067$149,415$5,995,922
71$9,833,793$935,557$23,075$6,443,609
72$10,701,357$845,916$0$6,934,783
73$11,653,144$747,615$0$7,482,294
74$12,697,612$640,095$0$8,085,147
75$13,844,074$522,766$0$8,747,137
76$15,102,792$395,004$0$9,474,353
77$16,485,068$256,150$0$10,273,515
78$18,003,352$105,508$0$11,152,036
79$19,671,361$0$0$12,118,096
80$21,504,204$0$0$13,204,193
81$23,518,527$0$0$14,445,178
82$25,732,670$0$0$15,809,409
83$28,166,835$0$0$17,309,353
84$30,843,283$0$0$18,958,744
85$33,786,536$0$0$20,772,714
86$37,023,615$0$0$22,767,934
87$40,584,287$0$0$24,962,774
88$44,501,352$0$0$27,377,471
89$48,810,947$0$0$30,034,325
90$53,552,891$0$0$32,957,905
91$58,771,055$0$0$36,175,282
92$64,513,778$0$0$39,716,286
93$70,834,324$0$0$43,613,783
94$77,791,379$0$0$47,903,987
95$85,449,611$0$0$52,626,802
96$93,880,273$0$0$57,826,197
97$103,161,879$0$0$63,550,622
98$113,380,942$0$0$69,853,462
99$124,632,790$0$0$76,793,543
100$137,022,467$0$0$84,435,686