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%11.6%
1 years$118,088$117,036$116,010$115,008$114,030$113,264
2 years$58,459$57,371$56,316$55,292$54,300$53,527
3 years$38,586$37,492$36,440$35,426$34,450$33,695
4 years$28,651$27,561$26,519$25,523$24,570$23,838
5 years$22,692$21,608$20,580$19,604$18,678$17,971
6 years$18,720$17,645$16,631$15,677$14,779$14,099
7 years$15,884$14,818$13,821$12,889$12,019$11,366
8 years$13,758$12,702$11,721$10,812$9,971$9,344
9 years$12,106$11,059$10,095$9,210$8,397$7,796
10 years$10,785$9,748$8,801$7,939$7,155$6,580
11 years$9,704$8,678$7,749$6,909$6,153$5,604
12 years$8,805$7,789$6,877$6,060$5,332$4,809
13 years$8,044$7,039$6,144$5,350$4,650$4,151
14 years$7,393$6,398$5,520$4,749$4,076$3,601
15 years$6,828$5,845$4,984$4,236$3,589$3,138
16 years$6,335$5,363$4,519$3,793$3,172$2,743
17 years$5,901$4,939$4,112$3,408$2,812$2,406
18 years$5,515$4,564$3,754$3,071$2,501$2,116
19 years$5,170$4,230$3,436$2,775$2,229$1,864
20 years$4,860$3,930$3,154$2,513$1,991$1,646
21 years$4,580$3,661$2,901$2,281$1,782$1,456
22 years$4,326$3,417$2,674$2,074$1,597$1,290
23 years$4,094$3,196$2,469$1,889$1,434$1,144
24 years$3,882$2,995$2,283$1,723$1,289$1,016
25 years$3,687$2,810$2,114$1,573$1,159$903
26 years$3,507$2,641$1,961$1,438$1,044$804
27 years$3,341$2,486$1,821$1,317$942$716
28 years$3,187$2,342$1,693$1,206$850$638
29 years$3,044$2,210$1,575$1,106$767$568
30 years$2,911$2,087$1,467$1,015$693$507
31 years$2,786$1,973$1,368$932$627$453
32 years$2,670$1,867$1,276$857$567$404
33 years$2,561$1,768$1,192$788$513$361
34 years$2,458$1,675$1,114$725$465$322
35 years$2,362$1,589$1,041$667$421$288
36 years$2,271$1,508$974$615$381$258
37 years$2,185$1,432$912$566$346$230
38 years$2,104$1,361$854$522$313$206
39 years$2,028$1,295$800$481$284$184
40 years$1,955$1,232$750$444$258$165
41 years$1,886$1,172$703$410$234$148
42 years$1,821$1,117$659$378$212$132
43 years$1,758$1,064$619$349$192$118
44 years$1,699$1,014$581$322$175$106
45 years$1,643$967$545$298$159$95
46 years$1,589$922$512$275$144$85
47 years$1,537$880$481$254$131$76
48 years$1,488$840$452$235$119$68
49 years$1,441$803$425$217$108$61
50 years$1,396$767$400$200$98$55

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 $6,872 every year, while hoping to spend $47,448 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: 34/43/23 Blend
45$1,430,000$1,430,000$1,430,000$1,430,000
46$1,582,948$1,507,158$1,484,993$1,625,474
47$1,693,925$1,530,525$1,484,256$1,681,072
48$1,814,631$1,553,446$1,481,904$1,736,179
49$1,946,008$1,575,850$1,477,833$1,794,646
50$2,089,094$1,597,660$1,471,934$1,856,800
51$2,245,029$1,618,793$1,464,091$1,923,005
52$2,415,070$1,639,161$1,454,186$1,993,663
53$2,600,597$1,658,671$1,442,092$2,069,219
54$2,803,133$1,677,220$1,427,677$2,150,168
55$3,024,352$1,694,703$1,410,803$2,237,054
56$3,266,097$1,711,005$1,391,326$2,330,484
57$3,530,398$1,726,003$1,369,094$2,431,126
58$3,819,488$1,739,567$1,343,949$2,539,722
59$4,135,830$1,751,559$1,315,725$2,657,091
60$4,482,130$1,761,832$1,284,248$2,784,140
61$4,861,374$1,770,228$1,249,336$2,921,875
62$5,276,845$1,776,580$1,210,800$3,071,405
63$5,732,163$1,780,712$1,168,441$3,233,959
64$6,231,310$1,782,434$1,122,051$3,410,894
65$6,778,677$1,781,546$1,071,412$3,603,715
66$7,379,096$1,777,835$1,016,298$3,814,082
67$8,037,890$1,771,076$956,471$4,043,831
68$8,760,925$1,761,029$891,683$4,294,993
69$9,554,659$1,747,439$821,674$4,569,811
70$10,426,208$1,730,037$746,174$4,870,766
71$11,383,409$1,708,537$664,899$5,200,599
72$12,434,898$1,682,636$577,554$5,562,337
73$13,590,185$1,652,013$483,829$5,959,328
74$14,859,750$1,616,327$383,404$6,395,266
75$16,255,136$1,575,219$275,939$6,874,235
76$17,789,062$1,528,307$161,086$7,400,745
77$19,475,540$1,475,188$38,475$7,979,776
78$21,330,005$1,415,433$0$8,616,830
79$23,369,468$1,348,590$0$9,340,648
80$25,612,665$1,274,183$0$10,146,819
81$28,080,243$1,191,704$0$11,033,396
82$30,794,949$1,100,619$0$12,008,661
83$33,781,846$1,000,361$0$13,081,748
84$37,068,550$890,335$0$14,262,734
85$40,685,488$769,907$0$15,562,734
86$44,666,186$638,411$0$16,994,008
87$49,047,585$495,141$0$18,570,076
88$53,870,387$339,352$0$20,305,854
89$59,179,445$170,258$0$22,217,790
90$65,024,175$0$0$24,324,025
91$71,459,034$0$0$26,650,703
92$78,544,024$0$0$29,301,415
93$86,345,262$0$0$32,220,368
94$94,935,603$0$0$35,434,855
95$104,395,328$0$0$38,974,953
96$114,812,897$0$0$42,873,801
97$126,285,790$0$0$47,167,920
98$138,921,421$0$0$51,897,549
99$152,838,152$0$0$57,107,034
100$168,166,412$0$0$62,845,238