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

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$119,740$118,673$117,632$116,617$115,625$114,704
2 years$59,277$58,173$57,103$56,066$55,060$54,131
3 years$39,125$38,017$36,950$35,922$34,932$34,025
4 years$29,052$27,946$26,890$25,880$24,914$24,035
5 years$23,009$21,910$20,868$19,878$18,939$18,091
6 years$18,982$17,891$16,864$15,897$14,986$14,170
7 years$16,106$15,025$14,014$13,070$12,188$11,404
8 years$13,951$12,879$11,885$10,964$10,111$9,360
9 years$12,275$11,214$10,237$9,339$8,515$7,796
10 years$10,935$9,884$8,925$8,050$7,255$6,568
11 years$9,840$8,799$7,857$7,006$6,239$5,584
12 years$8,928$7,898$6,973$6,145$5,407$4,782
13 years$8,156$7,137$6,230$5,425$4,715$4,120
14 years$7,496$6,488$5,598$4,816$4,133$3,567
15 years$6,924$5,927$5,054$4,295$3,639$3,102
16 years$6,424$5,438$4,582$3,846$3,216$2,706
17 years$5,983$5,008$4,169$3,455$2,852$2,369
18 years$5,592$4,627$3,806$3,114$2,536$2,078
19 years$5,242$4,289$3,484$2,814$2,260$1,828
20 years$4,928$3,985$3,198$2,548$2,019$1,611
21 years$4,644$3,712$2,941$2,313$1,807$1,421
22 years$4,386$3,465$2,711$2,103$1,619$1,256
23 years$4,151$3,241$2,503$1,915$1,454$1,112
24 years$3,936$3,036$2,315$1,747$1,307$985
25 years$3,738$2,850$2,144$1,595$1,176$874
26 years$3,556$2,678$1,989$1,459$1,059$775
27 years$3,388$2,520$1,846$1,335$955$689
28 years$3,232$2,375$1,717$1,223$862$612
29 years$3,087$2,241$1,597$1,122$778$545
30 years$2,952$2,116$1,488$1,029$703$485
31 years$2,825$2,000$1,387$945$635$431
32 years$2,707$1,893$1,294$869$575$384
33 years$2,597$1,792$1,208$799$520$342
34 years$2,493$1,699$1,129$735$471$305
35 years$2,395$1,611$1,056$677$427$272
36 years$2,303$1,529$988$623$387$243
37 years$2,216$1,453$924$574$350$216
38 years$2,134$1,380$866$529$318$193
39 years$2,056$1,313$811$488$288$172
40 years$1,982$1,249$760$450$261$154
41 years$1,912$1,189$713$415$237$137
42 years$1,846$1,132$669$383$215$123
43 years$1,783$1,079$627$354$195$109
44 years$1,723$1,028$589$327$177$98
45 years$1,666$981$553$302$161$87
46 years$1,611$935$519$279$146$78
47 years$1,559$893$488$257$133$70
48 years$1,509$852$458$238$120$62
49 years$1,461$814$431$220$109$55
50 years$1,416$777$405$203$99$50

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 $6,808 every year, while hoping to spend $31,788 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: 38/44/18 Blend
45$1,450,000$1,450,000$1,450,000$1,450,000
46$1,604,922$1,528,072$1,505,597$1,656,995
47$1,734,802$1,569,126$1,522,213$1,736,133
48$1,876,865$1,611,125$1,538,319$1,818,075
49$2,032,318$1,654,084$1,553,866$1,905,966
50$2,202,495$1,698,014$1,568,801$2,000,359
51$2,388,860$1,742,927$1,583,066$2,101,863
52$2,593,028$1,788,835$1,596,604$2,211,148
53$2,816,777$1,835,748$1,609,350$2,328,952
54$3,062,065$1,883,677$1,621,240$2,456,088
55$3,331,049$1,932,631$1,632,205$2,593,450
56$3,626,104$1,982,618$1,642,172$2,742,024
57$3,949,846$2,033,645$1,651,064$2,902,895
58$4,305,158$2,085,721$1,658,802$3,077,256
59$4,695,212$2,138,849$1,665,300$3,266,426
60$5,123,506$2,193,035$1,670,470$3,471,853
61$5,593,891$2,248,282$1,674,218$3,695,134
62$6,110,611$2,304,591$1,676,448$3,938,030
63$6,678,341$2,361,963$1,677,056$4,202,478
64$7,302,228$2,420,396$1,675,934$4,490,615
65$7,987,947$2,479,887$1,672,969$4,804,794
66$8,741,748$2,540,431$1,668,044$5,147,607
67$9,570,515$2,602,022$1,661,033$5,521,913
68$10,481,836$2,664,649$1,651,805$5,930,859
69$11,484,068$2,728,301$1,640,226$6,377,914
70$12,586,420$2,792,965$1,626,150$6,866,903
71$13,799,038$2,858,623$1,609,429$7,402,037
72$15,133,099$2,925,256$1,589,905$7,987,961
73$16,600,922$2,992,840$1,567,413$8,629,790
74$18,216,077$3,061,350$1,541,782$9,333,163
75$19,993,516$3,130,755$1,512,831$10,104,296
76$21,949,714$3,201,022$1,480,371$10,950,036
77$24,102,826$3,272,113$1,444,205$11,877,932
78$26,472,855$3,343,987$1,404,125$12,896,302
79$29,081,839$3,416,595$1,359,917$14,014,314
80$31,954,066$3,489,887$1,311,353$15,242,073
81$35,116,295$3,563,806$1,258,198$16,590,714
82$38,598,013$3,638,289$1,200,203$18,072,511
83$42,431,711$3,713,266$1,137,111$19,700,989
84$46,653,194$3,788,664$1,068,652$21,491,058
85$51,301,910$3,864,400$994,543$23,459,148
86$56,421,334$3,940,384$914,490$25,623,366
87$62,059,368$4,016,521$828,183$28,003,672
88$68,268,798$4,092,705$735,301$30,622,062
89$75,107,790$4,168,822$635,508$33,502,779
90$82,640,440$4,244,749$528,453$36,672,541
91$90,937,377$4,320,354$413,768$40,160,796
92$100,076,431$4,395,493$291,072$43,999,999
93$110,143,368$4,470,013$159,963$48,225,920
94$121,232,695$4,543,747$20,025$52,877,981
95$133,448,556$4,616,517$0$57,999,630
96$146,905,714$4,688,132$0$63,663,589
97$161,730,633$4,758,386$0$69,903,516
98$178,062,670$4,827,060$0$76,773,815
99$196,055,393$4,893,917$0$84,338,687
100$215,878,030$4,958,706$0$92,668,879