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

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$118,088$117,036$116,010$115,008$114,030$109,463
2 years$58,459$57,371$56,316$55,292$54,300$49,756
3 years$38,586$37,492$36,440$35,426$34,450$30,072
4 years$28,651$27,561$26,519$25,523$24,570$20,392
5 years$22,692$21,608$20,580$19,604$18,678$14,710
6 years$18,720$17,645$16,631$15,677$14,779$11,024
7 years$15,884$14,818$13,821$12,889$12,019$8,475
8 years$13,758$12,702$11,721$10,812$9,971$6,634
9 years$12,106$11,059$10,095$9,210$8,397$5,263
10 years$10,785$9,748$8,801$7,939$7,155$4,217
11 years$9,704$8,678$7,749$6,909$6,153$3,405
12 years$8,805$7,789$6,877$6,060$5,332$2,766
13 years$8,044$7,039$6,144$5,350$4,650$2,257
14 years$7,393$6,398$5,520$4,749$4,076$1,849
15 years$6,828$5,845$4,984$4,236$3,589$1,520
16 years$6,335$5,363$4,519$3,793$3,172$1,252
17 years$5,901$4,939$4,112$3,408$2,812$1,033
18 years$5,515$4,564$3,754$3,071$2,501$854
19 years$5,170$4,230$3,436$2,775$2,229$707
20 years$4,860$3,930$3,154$2,513$1,991$586
21 years$4,580$3,661$2,901$2,281$1,782$486
22 years$4,326$3,417$2,674$2,074$1,597$404
23 years$4,094$3,196$2,469$1,889$1,434$336
24 years$3,882$2,995$2,283$1,723$1,289$279
25 years$3,687$2,810$2,114$1,573$1,159$232
26 years$3,507$2,641$1,961$1,438$1,044$193
27 years$3,341$2,486$1,821$1,317$942$161
28 years$3,187$2,342$1,693$1,206$850$134
29 years$3,044$2,210$1,575$1,106$767$111
30 years$2,911$2,087$1,467$1,015$693$93
31 years$2,786$1,973$1,368$932$627$77
32 years$2,670$1,867$1,276$857$567$64
33 years$2,561$1,768$1,192$788$513$54
34 years$2,458$1,675$1,114$725$465$45
35 years$2,362$1,589$1,041$667$421$37
36 years$2,271$1,508$974$615$381$31
37 years$2,185$1,432$912$566$346$26
38 years$2,104$1,361$854$522$313$21
39 years$2,028$1,295$800$481$284$18
40 years$1,955$1,232$750$444$258$15
41 years$1,886$1,172$703$410$234$12
42 years$1,821$1,117$659$378$212$10
43 years$1,758$1,064$619$349$192$9
44 years$1,699$1,014$581$322$175$7
45 years$1,643$967$545$298$159$6
46 years$1,589$922$512$275$144$5
47 years$1,537$880$481$254$131$4
48 years$1,488$840$452$235$119$3
49 years$1,441$803$425$217$108$3
50 years$1,396$767$400$200$98$2

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 $2,348 every year, while hoping to spend $27,054 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: 41/30/29 Blend
45$1,430,000$1,430,000$1,430,000$1,430,000
46$1,578,282$1,502,492$1,480,327$1,629,449
47$1,710,481$1,547,329$1,501,133$1,711,593
48$1,855,259$1,593,456$1,521,729$1,797,755
49$2,013,868$1,640,908$1,542,079$1,890,512
50$2,187,690$1,689,720$1,562,147$1,990,489
51$2,378,247$1,739,930$1,581,892$2,098,371
52$2,587,215$1,791,572$1,601,271$2,214,915
53$2,816,438$1,844,687$1,620,241$2,340,953
54$3,067,950$1,899,312$1,638,755$2,477,403
55$3,343,990$1,955,487$1,656,762$2,625,273
56$3,647,024$2,013,252$1,674,210$2,785,675
57$3,979,768$2,072,650$1,691,044$2,959,833
58$4,345,216$2,133,721$1,707,205$3,149,094
59$4,746,664$2,196,510$1,722,633$3,354,944
60$5,187,744$2,261,059$1,737,262$3,579,019
61$5,672,458$2,327,415$1,751,023$3,823,118
62$6,205,212$2,395,622$1,763,847$4,089,228
63$6,790,864$2,465,727$1,775,655$4,379,535
64$7,434,763$2,537,778$1,786,371$4,696,446
65$8,142,803$2,611,824$1,795,908$5,042,615
66$8,921,479$2,687,913$1,804,181$5,420,966
67$9,777,945$2,766,096$1,811,096$5,834,719
68$10,720,084$2,846,424$1,816,557$6,287,425
69$11,756,583$2,928,949$1,820,462$6,782,991
70$12,897,011$3,013,724$1,822,704$7,325,729
71$14,151,911$3,100,802$1,823,170$7,920,384
72$15,532,903$3,190,238$1,821,743$8,572,188
73$17,052,788$3,282,088$1,818,300$9,286,906
74$18,725,669$3,376,408$1,812,710$10,070,889
75$20,567,090$3,473,254$1,804,839$10,931,136
76$22,594,175$3,572,685$1,794,542$11,875,362
77$24,825,793$3,674,760$1,781,672$12,912,065
78$27,282,738$3,779,536$1,766,072$14,050,612
79$29,987,919$3,887,076$1,747,577$15,301,323
80$32,966,583$3,997,438$1,726,017$16,675,574
81$36,246,547$4,110,686$1,701,211$18,185,899
82$39,858,465$4,226,879$1,672,972$19,846,110
83$43,836,113$4,346,081$1,641,102$21,671,430
84$48,216,713$4,468,355$1,605,394$23,678,634
85$53,041,277$4,593,764$1,565,634$25,886,207
86$58,355,000$4,722,371$1,521,596$28,314,522
87$64,207,683$4,854,240$1,473,043$30,986,030
88$70,654,205$4,989,437$1,419,728$33,925,472
89$77,755,039$5,128,023$1,361,393$37,160,114
90$85,576,821$5,270,065$1,297,769$40,720,005
91$94,192,985$5,415,626$1,228,572$44,638,256
92$103,684,448$5,564,771$1,153,508$48,951,362
93$114,140,380$5,717,563$1,072,268$53,699,539
94$125,659,040$5,874,065$984,531$58,927,105
95$138,348,708$6,034,340$889,959$64,682,903
96$152,328,705$6,198,451$788,201$71,020,758
97$167,730,517$6,366,459$678,889$77,999,989
98$184,699,038$6,538,424$561,641$85,685,966
99$203,393,939$6,714,406$436,055$94,150,730
100$223,991,171$6,894,462$301,713$103,473,672