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%
1 years$119,740$118,673$117,632$116,617$115,625$114,180
2 years$59,277$58,173$57,103$56,066$55,060$53,606
3 years$39,125$38,017$36,950$35,922$34,932$33,514
4 years$29,052$27,946$26,890$25,880$24,914$23,543
5 years$23,009$21,910$20,868$19,878$18,939$17,620
6 years$18,982$17,891$16,864$15,897$14,986$13,719
7 years$16,106$15,025$14,014$13,070$12,188$10,974
8 years$13,951$12,879$11,885$10,964$10,111$8,950
9 years$12,275$11,214$10,237$9,339$8,515$7,407
10 years$10,935$9,884$8,925$8,050$7,255$6,199
11 years$9,840$8,799$7,857$7,006$6,239$5,234
12 years$8,928$7,898$6,973$6,145$5,407$4,451
13 years$8,156$7,137$6,230$5,425$4,715$3,808
14 years$7,496$6,488$5,598$4,816$4,133$3,273
15 years$6,924$5,927$5,054$4,295$3,639$2,825
16 years$6,424$5,438$4,582$3,846$3,216$2,446
17 years$5,983$5,008$4,169$3,455$2,852$2,125
18 years$5,592$4,627$3,806$3,114$2,536$1,850
19 years$5,242$4,289$3,484$2,814$2,260$1,614
20 years$4,928$3,985$3,198$2,548$2,019$1,411
21 years$4,644$3,712$2,941$2,313$1,807$1,235
22 years$4,386$3,465$2,711$2,103$1,619$1,082
23 years$4,151$3,241$2,503$1,915$1,454$950
24 years$3,936$3,036$2,315$1,747$1,307$834
25 years$3,738$2,850$2,144$1,595$1,176$734
26 years$3,556$2,678$1,989$1,459$1,059$646
27 years$3,388$2,520$1,846$1,335$955$569
28 years$3,232$2,375$1,717$1,223$862$501
29 years$3,087$2,241$1,597$1,122$778$442
30 years$2,952$2,116$1,488$1,029$703$389
31 years$2,825$2,000$1,387$945$635$344
32 years$2,707$1,893$1,294$869$575$303
33 years$2,597$1,792$1,208$799$520$268
34 years$2,493$1,699$1,129$735$471$236
35 years$2,395$1,611$1,056$677$427$209
36 years$2,303$1,529$988$623$387$185
37 years$2,216$1,453$924$574$350$163
38 years$2,134$1,380$866$529$318$144
39 years$2,056$1,313$811$488$288$127
40 years$1,982$1,249$760$450$261$113
41 years$1,912$1,189$713$415$237$100
42 years$1,846$1,132$669$383$215$88
43 years$1,783$1,079$627$354$195$78
44 years$1,723$1,028$589$327$177$69
45 years$1,666$981$553$302$161$61
46 years$1,611$935$519$279$146$54
47 years$1,559$893$488$257$133$48
48 years$1,509$852$458$238$120$42
49 years$1,461$814$431$220$109$37
50 years$1,416$777$405$203$99$33

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 $3,315 every year, while hoping to spend $42,224 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: 50/21/29 Blend
45$1,450,000$1,450,000$1,450,000$1,450,000
46$1,601,319$1,524,469$1,501,994$1,668,080
47$1,719,728$1,554,242$1,507,385$1,744,930
48$1,848,799$1,584,059$1,511,541$1,823,963
49$1,989,576$1,613,877$1,514,377$1,909,053
50$2,143,206$1,643,650$1,515,802$2,000,796
51$2,310,953$1,673,329$1,515,722$2,099,849
52$2,494,208$1,702,861$1,514,036$2,206,936
53$2,694,503$1,732,186$1,510,642$2,322,859
54$2,913,523$1,761,245$1,505,430$2,448,499
55$3,153,125$1,789,968$1,498,284$2,584,831
56$3,415,353$1,818,286$1,489,086$2,732,928
57$3,702,457$1,846,120$1,477,708$2,893,977
58$4,016,916$1,873,388$1,464,020$3,069,285
59$4,361,459$1,900,002$1,447,882$3,260,296
60$4,739,093$1,925,867$1,429,151$3,468,601
61$5,153,127$1,950,881$1,407,674$3,695,958
62$5,607,208$1,974,936$1,383,294$3,944,304
63$6,105,352$1,997,916$1,355,842$4,215,776
64$6,651,982$2,019,699$1,325,147$4,512,733
65$7,251,971$2,040,150$1,291,026$4,837,775
66$7,910,685$2,059,131$1,253,289$5,193,774
67$8,634,037$2,076,491$1,211,737$5,583,892
68$9,428,540$2,092,070$1,166,161$6,011,622
69$10,301,368$2,105,698$1,116,344$6,480,814
70$11,260,424$2,117,194$1,062,058$6,995,715
71$12,314,416$2,126,365$1,003,066$7,561,009
72$13,472,936$2,133,006$939,118$8,181,862
73$14,746,552$2,136,900$869,955$8,863,972
74$16,146,908$2,137,816$795,306$9,613,621
75$17,686,830$2,135,507$714,886$10,437,738
76$19,380,452$2,129,712$628,400$11,343,966
77$21,243,345$2,120,154$535,538$12,340,729
78$23,292,665$2,106,540$435,977$13,437,320
79$25,547,313$2,088,557$329,380$14,643,984
80$28,028,119$2,065,876$215,393$15,972,019
81$30,758,028$2,038,145$93,650$17,433,881
82$33,762,325$2,004,993$0$19,043,306
83$37,068,871$1,966,026$0$20,826,662
84$40,708,362$1,920,828$0$22,821,077
85$44,714,623$1,868,956$0$25,016,080
86$49,124,924$1,809,945$0$27,432,104
87$53,980,332$1,743,298$0$30,091,668
88$59,326,099$1,668,492$0$33,019,587
89$65,212,087$1,584,974$0$36,243,214
90$71,693,239$1,492,157$0$39,792,691
91$78,830,099$1,389,422$0$43,701,241
92$86,689,379$1,276,114$0$48,005,477
93$95,344,592$1,151,539$0$52,745,750
94$104,876,742$1,014,967$0$57,966,532
95$115,375,093$865,624$0$63,716,834
96$126,938,005$702,691$0$70,050,671
97$139,673,865$525,307$0$77,027,575
98$153,702,111$332,558$0$84,713,152
99$169,154,355$123,483$0$93,179,707
100$186,175,629$0$0$102,506,927