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%16.4%
1 years$119,740$118,673$117,632$116,617$115,625$112,601
2 years$59,277$58,173$57,103$56,066$55,060$52,034
3 years$39,125$38,017$36,950$35,922$34,932$31,999
4 years$29,052$27,946$26,890$25,880$24,914$22,096
5 years$23,009$21,910$20,868$19,878$18,939$16,244
6 years$18,982$17,891$16,864$15,897$14,986$12,417
7 years$16,106$15,025$14,014$13,070$12,188$9,744
8 years$13,951$12,879$11,885$10,964$10,111$7,792
9 years$12,275$11,214$10,237$9,339$8,515$6,319
10 years$10,935$9,884$8,925$8,050$7,255$5,179
11 years$9,840$8,799$7,857$7,006$6,239$4,280
12 years$8,928$7,898$6,973$6,145$5,407$3,561
13 years$8,156$7,137$6,230$5,425$4,715$2,978
14 years$7,496$6,488$5,598$4,816$4,133$2,502
15 years$6,924$5,927$5,054$4,295$3,639$2,109
16 years$6,424$5,438$4,582$3,846$3,216$1,783
17 years$5,983$5,008$4,169$3,455$2,852$1,511
18 years$5,592$4,627$3,806$3,114$2,536$1,284
19 years$5,242$4,289$3,484$2,814$2,260$1,092
20 years$4,928$3,985$3,198$2,548$2,019$930
21 years$4,644$3,712$2,941$2,313$1,807$794
22 years$4,386$3,465$2,711$2,103$1,619$678
23 years$4,151$3,241$2,503$1,915$1,454$579
24 years$3,936$3,036$2,315$1,747$1,307$495
25 years$3,738$2,850$2,144$1,595$1,176$424
26 years$3,556$2,678$1,989$1,459$1,059$363
27 years$3,388$2,520$1,846$1,335$955$311
28 years$3,232$2,375$1,717$1,223$862$267
29 years$3,087$2,241$1,597$1,122$778$229
30 years$2,952$2,116$1,488$1,029$703$196
31 years$2,825$2,000$1,387$945$635$168
32 years$2,707$1,893$1,294$869$575$144
33 years$2,597$1,792$1,208$799$520$124
34 years$2,493$1,699$1,129$735$471$106
35 years$2,395$1,611$1,056$677$427$91
36 years$2,303$1,529$988$623$387$78
37 years$2,216$1,453$924$574$350$67
38 years$2,134$1,380$866$529$318$58
39 years$2,056$1,313$811$488$288$50
40 years$1,982$1,249$760$450$261$43
41 years$1,912$1,189$713$415$237$37
42 years$1,846$1,132$669$383$215$31
43 years$1,783$1,079$627$354$195$27
44 years$1,723$1,028$589$327$177$23
45 years$1,666$981$553$302$161$20
46 years$1,611$935$519$279$146$17
47 years$1,559$893$488$257$133$15
48 years$1,509$852$458$238$120$13
49 years$1,461$814$431$220$109$11
50 years$1,416$777$405$203$99$9

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 $4,189 every year, while hoping to spend $28,888 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: 62/28/10 Blend
45$1,450,000$1,450,000$1,450,000$1,450,000
46$1,602,221$1,525,371$1,502,896$1,697,711
47$1,734,911$1,569,378$1,522,506$1,806,138
48$1,880,167$1,614,572$1,541,806$1,920,729
49$2,039,241$1,660,983$1,560,752$2,045,085
50$2,213,509$1,708,637$1,579,304$2,180,149
51$2,404,491$1,757,564$1,597,414$2,326,963
52$2,613,857$1,807,792$1,615,035$2,486,673
53$2,843,447$1,859,351$1,632,116$2,660,538
54$3,095,290$1,912,270$1,648,603$2,849,948
55$3,371,617$1,966,579$1,664,439$3,056,431
56$3,674,889$2,022,309$1,679,565$3,281,670
57$4,007,815$2,079,489$1,693,917$3,527,519
58$4,373,378$2,138,151$1,707,430$3,796,020
59$4,774,868$2,198,325$1,720,034$4,089,420
60$5,215,905$2,260,043$1,731,655$4,410,195
61$5,700,478$2,323,336$1,742,217$4,761,074
62$6,232,984$2,388,236$1,751,638$5,145,059
63$6,818,263$2,454,775$1,759,832$5,565,459
64$7,461,650$2,522,983$1,766,711$6,025,920
65$8,169,023$2,592,894$1,772,180$6,530,457
66$8,946,855$2,664,538$1,776,141$7,083,491
67$9,802,281$2,737,947$1,778,488$7,689,897
68$10,743,160$2,813,153$1,779,114$8,355,042
69$11,778,152$2,890,187$1,777,904$9,084,840
70$12,916,797$2,969,080$1,774,737$9,885,807
71$14,169,609$3,049,863$1,769,489$10,765,122
72$15,548,169$3,132,566$1,762,027$11,730,693
73$17,065,240$3,217,219$1,752,212$12,791,236
74$18,734,883$3,303,852$1,739,901$13,956,351
75$20,572,593$3,392,493$1,724,939$15,236,617
76$22,595,443$3,483,170$1,707,170$16,643,691
77$24,822,243$3,575,910$1,686,425$18,190,417
78$27,273,722$3,670,740$1,662,530$19,890,946
79$29,972,719$3,767,684$1,635,303$21,760,873
80$32,944,402$3,866,766$1,604,551$23,817,379
81$36,216,502$3,968,009$1,570,075$26,079,399
82$39,819,577$4,071,433$1,531,664$28,567,796
83$43,787,300$4,177,059$1,489,100$31,305,558
84$48,156,773$4,284,903$1,442,154$34,318,018
85$52,968,882$4,394,982$1,390,584$37,633,091
86$58,268,679$4,507,308$1,334,140$41,281,536
87$64,105,811$4,621,892$1,272,560$45,297,250
88$70,534,983$4,738,744$1,205,570$49,717,585
89$77,616,477$4,857,868$1,132,882$54,583,699
90$85,416,721$4,979,267$1,054,198$59,940,949
91$94,008,916$5,102,941$969,203$65,839,317
92$103,473,726$5,228,885$877,572$72,333,880
93$113,900,037$5,357,092$778,961$79,485,332
94$125,385,800$5,487,548$673,015$87,360,557
95$138,038,950$5,620,237$559,360$96,033,257
96$151,978,432$5,755,138$437,608$105,584,653
97$167,335,316$5,892,223$307,352$116,104,248
98$184,254,037$6,031,461$168,167$127,690,674
99$202,893,759$6,172,813$19,610$140,452,620
100$223,429,875$6,316,233$0$154,509,862