Can I retire at age 46 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$119,740$118,673$117,632$116,617$115,625$113,991
2 years$59,277$58,173$57,103$56,066$55,060$53,417
3 years$39,125$38,017$36,950$35,922$34,932$33,331
4 years$29,052$27,946$26,890$25,880$24,914$23,367
5 years$23,009$21,910$20,868$19,878$18,939$17,451
6 years$18,982$17,891$16,864$15,897$14,986$13,559
7 years$16,106$15,025$14,014$13,070$12,188$10,822
8 years$13,951$12,879$11,885$10,964$10,111$8,806
9 years$12,275$11,214$10,237$9,339$8,515$7,270
10 years$10,935$9,884$8,925$8,050$7,255$6,069
11 years$9,840$8,799$7,857$7,006$6,239$5,112
12 years$8,928$7,898$6,973$6,145$5,407$4,337
13 years$8,156$7,137$6,230$5,425$4,715$3,700
14 years$7,496$6,488$5,598$4,816$4,133$3,172
15 years$6,924$5,927$5,054$4,295$3,639$2,730
16 years$6,424$5,438$4,582$3,846$3,216$2,358
17 years$5,983$5,008$4,169$3,455$2,852$2,042
18 years$5,592$4,627$3,806$3,114$2,536$1,773
19 years$5,242$4,289$3,484$2,814$2,260$1,542
20 years$4,928$3,985$3,198$2,548$2,019$1,344
21 years$4,644$3,712$2,941$2,313$1,807$1,173
22 years$4,386$3,465$2,711$2,103$1,619$1,025
23 years$4,151$3,241$2,503$1,915$1,454$897
24 years$3,936$3,036$2,315$1,747$1,307$785
25 years$3,738$2,850$2,144$1,595$1,176$688
26 years$3,556$2,678$1,989$1,459$1,059$604
27 years$3,388$2,520$1,846$1,335$955$530
28 years$3,232$2,375$1,717$1,223$862$465
29 years$3,087$2,241$1,597$1,122$778$409
30 years$2,952$2,116$1,488$1,029$703$359
31 years$2,825$2,000$1,387$945$635$316
32 years$2,707$1,893$1,294$869$575$278
33 years$2,597$1,792$1,208$799$520$245
34 years$2,493$1,699$1,129$735$471$215
35 years$2,395$1,611$1,056$677$427$190
36 years$2,303$1,529$988$623$387$167
37 years$2,216$1,453$924$574$350$147
38 years$2,134$1,380$866$529$318$130
39 years$2,056$1,313$811$488$288$114
40 years$1,982$1,249$760$450$261$101
41 years$1,912$1,189$713$415$237$89
42 years$1,846$1,132$669$383$215$78
43 years$1,783$1,079$627$354$195$69
44 years$1,723$1,028$589$327$177$61
45 years$1,666$981$553$302$161$53
46 years$1,611$935$519$279$146$47
47 years$1,559$893$488$257$133$42
48 years$1,509$852$458$238$120$37
49 years$1,461$814$431$220$109$32
50 years$1,416$777$405$203$99$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,450,000, adding $6,874 every year, while hoping to spend $31,229 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: 31/42/27 Blend
45$1,450,000$1,450,000$1,450,000$1,450,000
46$1,604,991$1,528,141$1,505,666$1,641,279
47$1,735,472$1,569,792$1,522,878$1,711,477
48$1,878,216$1,612,438$1,539,620$1,783,766
49$2,034,441$1,656,093$1,555,844$1,860,963
50$2,205,486$1,700,775$1,571,497$1,943,517
51$2,392,830$1,746,497$1,586,526$2,031,926
52$2,598,097$1,793,274$1,600,874$2,126,735
53$2,823,080$1,841,121$1,614,480$2,228,546
54$3,069,750$1,890,052$1,627,281$2,338,020
55$3,340,280$1,940,080$1,639,211$2,455,889
56$3,637,063$1,991,218$1,650,198$2,582,954
57$3,962,734$2,043,479$1,660,171$2,720,102
58$4,320,196$2,096,872$1,669,050$2,868,308
59$4,712,647$2,151,410$1,676,754$3,028,645
60$5,143,610$2,207,102$1,683,198$3,202,298
61$5,616,964$2,263,956$1,688,291$3,390,572
62$6,136,985$2,321,980$1,691,939$3,594,902
63$6,708,381$2,381,181$1,694,043$3,816,874
64$7,336,341$2,441,563$1,694,498$4,058,234
65$8,026,579$2,503,131$1,693,194$4,320,903
66$8,785,392$2,565,887$1,690,019$4,607,003
67$9,619,717$2,629,830$1,684,849$4,918,871
68$10,537,197$2,694,961$1,677,561$5,259,081
69$11,546,253$2,761,276$1,668,021$5,630,473
70$12,656,161$2,828,769$1,656,090$6,036,173
71$13,877,144$2,897,433$1,641,624$6,479,632
72$15,220,465$2,967,259$1,624,470$6,964,649
73$16,698,531$3,038,234$1,604,468$7,495,414
74$18,325,016$3,110,341$1,581,453$8,076,544
75$20,114,984$3,183,565$1,555,248$8,713,129
76$22,085,034$3,257,881$1,525,671$9,410,780
77$24,253,457$3,333,267$1,492,530$10,175,680
78$26,640,405$3,409,692$1,455,625$11,014,645
79$29,268,084$3,487,125$1,414,746$11,935,189
80$32,160,963$3,565,529$1,369,675$12,945,593
81$35,346,002$3,644,861$1,320,180$14,054,985
82$38,852,912$3,725,076$1,266,023$15,273,429
83$42,714,427$3,806,123$1,206,953$16,612,014
84$46,966,620$3,887,944$1,142,707$18,082,965
85$51,649,239$3,970,478$1,073,012$19,699,758
86$56,806,084$4,053,654$997,581$21,477,244
87$62,485,419$4,137,397$916,114$23,431,796
88$68,740,427$4,221,625$828,299$25,581,459
89$75,629,713$4,306,247$733,810$27,946,121
90$83,217,856$4,391,165$632,305$30,547,707
91$91,576,017$4,476,273$523,427$33,410,381
92$100,782,615$4,561,454$406,805$36,560,775
93$110,924,059$4,646,582$282,051$40,028,248
94$122,095,571$4,731,523$148,758$43,845,156
95$134,402,082$4,816,130$6,503$48,047,162
96$147,959,218$4,900,245$0$52,673,575
97$162,894,398$4,983,696$0$57,809,581
98$179,348,032$5,066,303$0$63,465,791
99$197,474,846$5,147,867$0$69,693,100
100$217,445,345$5,228,176$0$76,549,661