Can I retire at age 46 with 1,480,000?

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 $1,480,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$122,217$121,128$120,066$119,030$118,017$116,398
2 years$60,503$59,377$58,285$57,226$56,199$54,570
3 years$39,935$38,803$37,714$36,665$35,655$34,067
4 years$29,653$28,525$27,446$26,415$25,429$23,896
5 years$23,485$22,364$21,299$20,289$19,331$17,855
6 years$19,375$18,262$17,213$16,226$15,296$13,880
7 years$16,440$15,336$14,304$13,340$12,440$11,084
8 years$14,239$13,146$12,131$11,191$10,320$9,024
9 years$12,529$11,446$10,448$9,532$8,691$7,455
10 years$11,162$10,089$9,109$8,217$7,405$6,228
11 years$10,044$8,982$8,020$7,151$6,369$5,249
12 years$9,112$8,061$7,117$6,272$5,519$4,455
13 years$8,325$7,285$6,359$5,537$4,813$3,804
14 years$7,651$6,622$5,713$4,916$4,219$3,263
15 years$7,067$6,049$5,158$4,384$3,714$2,811
16 years$6,557$5,550$4,677$3,925$3,283$2,429
17 years$6,107$5,111$4,256$3,527$2,911$2,105
18 years$5,708$4,723$3,885$3,178$2,588$1,829
19 years$5,351$4,377$3,556$2,872$2,307$1,592
20 years$5,030$4,068$3,264$2,601$2,061$1,388
21 years$4,740$3,789$3,002$2,361$1,844$1,213
22 years$4,477$3,537$2,767$2,146$1,653$1,061
23 years$4,237$3,308$2,555$1,955$1,484$929
24 years$4,017$3,099$2,363$1,783$1,334$814
25 years$3,816$2,909$2,188$1,628$1,200$714
26 years$3,630$2,734$2,030$1,489$1,081$627
27 years$3,458$2,573$1,885$1,363$975$551
28 years$3,299$2,424$1,752$1,248$879$484
29 years$3,151$2,287$1,630$1,145$794$426
30 years$3,013$2,160$1,519$1,051$717$374
31 years$2,884$2,042$1,416$965$649$329
32 years$2,763$1,932$1,321$887$587$290
33 years$2,650$1,829$1,233$816$531$255
34 years$2,544$1,734$1,152$750$481$225
35 years$2,445$1,645$1,077$691$435$198
36 years$2,351$1,561$1,008$636$395$175
37 years$2,262$1,483$943$586$358$154
38 years$2,178$1,409$883$540$324$136
39 years$2,099$1,340$828$498$294$120
40 years$2,023$1,275$776$459$267$106
41 years$1,952$1,213$727$424$242$93
42 years$1,884$1,156$682$391$220$82
43 years$1,820$1,101$640$361$199$72
44 years$1,758$1,050$601$333$181$64
45 years$1,700$1,001$564$308$164$56
46 years$1,644$955$530$284$149$50
47 years$1,591$911$498$263$135$44
48 years$1,540$870$468$243$123$39
49 years$1,492$831$440$224$112$34
50 years$1,445$793$414$207$101$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,480,000, adding $2,360 every year, while hoping to spend $38,082 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: 67/9/24 Blend
45$1,480,000$1,480,000$1,480,000$1,480,000
46$1,633,394$1,554,954$1,532,014$1,732,608
47$1,759,482$1,590,628$1,542,818$1,835,221
48$1,897,153$1,626,774$1,552,707$1,942,838
49$2,047,551$1,663,374$1,561,611$2,059,653
50$2,211,932$1,700,409$1,569,455$2,186,574
51$2,391,678$1,737,858$1,576,161$2,324,600
52$2,588,313$1,775,698$1,581,647$2,474,833
53$2,803,515$1,813,901$1,585,826$2,638,489
54$3,039,131$1,852,439$1,588,608$2,816,906
55$3,297,193$1,891,279$1,589,897$3,011,558
56$3,579,941$1,930,387$1,589,593$3,224,072
57$3,889,843$1,969,723$1,587,592$3,456,238
58$4,229,614$2,009,247$1,583,784$3,710,032
59$4,602,247$2,048,912$1,578,053$3,987,630
60$5,011,036$2,088,669$1,570,277$4,291,430
61$5,459,612$2,128,464$1,560,332$4,624,076
62$5,951,972$2,168,238$1,548,082$4,988,481
63$6,492,520$2,207,929$1,533,390$5,387,857
64$7,086,108$2,247,468$1,516,110$5,825,743
65$7,738,079$2,286,783$1,496,088$6,306,039
66$8,454,321$2,325,793$1,473,165$6,833,047
67$9,241,319$2,364,414$1,447,173$7,411,504
68$10,106,217$2,402,554$1,417,937$8,046,633
69$11,056,887$2,440,114$1,385,273$8,744,193
70$12,102,000$2,476,991$1,348,990$9,510,528
71$13,251,110$2,513,069$1,308,887$10,352,631
72$14,514,742$2,548,228$1,264,754$11,278,210
73$15,904,493$2,582,339$1,216,371$12,295,763
74$17,433,141$2,615,262$1,163,508$13,414,651
75$19,114,761$2,646,850$1,105,926$14,645,197
76$20,964,865$2,676,945$1,043,373$15,998,774
77$23,000,542$2,705,376$975,587$17,487,920
78$25,240,622$2,731,964$902,294$19,126,453
79$27,705,852$2,756,517$823,207$20,929,602
80$30,419,093$2,778,829$738,028$22,914,152
81$33,405,531$2,798,683$646,443$25,098,604
82$36,692,923$2,815,846$548,127$27,503,347
83$40,311,850$2,830,071$442,737$30,150,853
84$44,296,009$2,841,095$329,919$33,065,889
85$48,682,531$2,848,638$209,301$36,275,753
86$53,512,331$2,852,403$80,494$39,810,528
87$58,830,492$2,852,074$0$43,703,373
88$64,686,693$2,847,316$0$48,005,419
89$71,135,674$2,837,773$0$52,765,297
90$78,237,755$2,823,067$0$58,006,874
91$86,059,406$2,802,797$0$63,779,188
92$94,673,869$2,776,537$0$70,136,276
93$104,161,854$2,743,838$0$77,137,685
94$114,612,298$2,704,221$0$84,849,037
95$126,123,204$2,657,179$0$93,342,641
96$138,802,566$2,602,177$0$102,698,183
97$152,769,390$2,538,646$0$113,003,474
98$168,154,812$2,465,984$0$124,355,280
99$185,103,340$2,383,554$0$136,860,235
100$203,774,215$2,290,682$0$150,635,850