Can I retire at age 46 with 1,530,000?

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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$126,346$125,221$124,123$123,051$122,004$118,004
2 years$62,548$61,383$60,254$59,159$58,097$54,106
3 years$41,284$40,114$38,988$37,904$36,859$33,001
4 years$30,655$29,488$28,373$27,308$26,288$22,593
5 years$24,278$23,119$22,019$20,975$19,984$16,462
6 years$20,029$18,878$17,795$16,774$15,813$12,466
7 years$16,995$15,854$14,787$13,791$12,860$9,689
8 years$14,721$13,590$12,541$11,569$10,669$7,671
9 years$12,952$11,832$10,801$9,854$8,984$6,156
10 years$11,539$10,430$9,417$8,494$7,655$4,992
11 years$10,383$9,285$8,291$7,392$6,584$4,081
12 years$9,420$8,334$7,358$6,484$5,705$3,357
13 years$8,606$7,531$6,574$5,725$4,975$2,776
14 years$7,910$6,846$5,906$5,082$4,361$2,305
15 years$7,306$6,254$5,333$4,532$3,840$1,920
16 years$6,778$5,738$4,835$4,058$3,394$1,603
17 years$6,313$5,284$4,399$3,646$3,009$1,342
18 years$5,901$4,883$4,016$3,286$2,676$1,126
19 years$5,532$4,525$3,677$2,969$2,385$945
20 years$5,200$4,205$3,374$2,689$2,130$795
21 years$4,900$3,917$3,104$2,440$1,906$669
22 years$4,628$3,656$2,860$2,219$1,709$564
23 years$4,380$3,420$2,641$2,021$1,534$476
24 years$4,153$3,204$2,443$1,843$1,379$401
25 years$3,945$3,007$2,262$1,683$1,241$339
26 years$3,752$2,826$2,098$1,539$1,117$286
27 years$3,575$2,660$1,948$1,409$1,007$242
28 years$3,410$2,506$1,811$1,291$909$205
29 years$3,257$2,364$1,686$1,184$821$173
30 years$3,114$2,233$1,570$1,086$742$146
31 years$2,981$2,111$1,464$998$671$124
32 years$2,857$1,997$1,366$917$607$105
33 years$2,740$1,891$1,275$843$549$89
34 years$2,630$1,793$1,191$776$497$75
35 years$2,527$1,700$1,114$714$450$63
36 years$2,430$1,614$1,042$658$408$54
37 years$2,338$1,533$975$606$370$45
38 years$2,252$1,457$913$559$335$38
39 years$2,170$1,385$856$515$304$33
40 years$2,092$1,318$802$475$276$28
41 years$2,018$1,254$752$438$250$23
42 years$1,948$1,195$705$404$227$20
43 years$1,881$1,138$662$373$206$17
44 years$1,818$1,085$621$345$187$14
45 years$1,757$1,035$583$318$170$12
46 years$1,700$987$548$294$154$10
47 years$1,645$942$515$272$140$9
48 years$1,592$899$484$251$127$7
49 years$1,542$859$455$232$115$6
50 years$1,494$820$428$214$105$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,530,000, adding $3,452 every year, while hoping to spend $54,798 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: 62/22/16 Blend
45$1,530,000$1,530,000$1,530,000$1,530,000
46$1,689,621$1,608,531$1,584,816$1,787,416
47$1,803,657$1,629,044$1,579,602$1,874,113
48$1,927,489$1,648,726$1,572,378$1,962,213
49$2,062,057$1,667,478$1,563,017$2,057,086
50$2,208,397$1,685,194$1,551,388$2,159,392
51$2,367,649$1,701,764$1,537,354$2,269,862
52$2,541,064$1,717,065$1,520,771$2,389,300
53$2,730,023$1,730,972$1,501,487$2,518,596
54$2,936,044$1,743,348$1,479,346$2,658,728
55$3,160,797$1,754,049$1,454,180$2,810,777
56$3,406,121$1,762,920$1,425,818$2,975,936
57$3,674,040$1,769,798$1,394,078$3,155,521
58$3,966,783$1,774,508$1,358,770$3,350,982
59$4,286,802$1,776,866$1,319,695$3,563,919
60$4,636,798$1,776,675$1,276,648$3,796,100
61$5,019,745$1,773,726$1,229,409$4,049,471
62$5,438,918$1,767,797$1,177,753$4,326,181
63$5,897,921$1,758,653$1,121,442$4,628,601
64$6,400,727$1,746,045$1,060,228$4,959,345
65$6,951,707$1,729,707$993,851$5,321,297
66$7,555,677$1,709,359$922,041$5,717,638
67$8,217,941$1,684,703$844,515$6,151,877
68$8,944,342$1,655,423$760,977$6,627,883
69$9,741,312$1,621,187$671,117$7,149,924
70$10,615,940$1,581,639$574,613$7,722,709
71$11,576,032$1,536,405$471,129$8,351,428
72$12,630,187$1,485,089$360,312$9,041,809
73$13,787,878$1,427,271$241,794$9,800,165
74$15,059,540$1,362,505$115,193$10,633,460
75$16,456,669$1,290,324$0$11,549,375
76$17,991,928$1,210,228$0$12,559,778
77$19,679,268$1,121,693$0$13,691,817
78$21,534,061$1,024,163$0$14,936,177
79$23,573,239$917,051$0$16,304,292
80$25,815,458$799,735$0$17,808,766
81$28,281,273$671,560$0$19,463,490
82$30,993,329$531,833$0$21,283,775
83$33,976,576$379,821$0$23,286,500
84$37,258,506$214,751$0$25,490,269
85$40,869,406$35,806$0$27,915,586
86$44,842,650$0$0$30,585,054
87$49,215,009$0$0$33,561,806
88$54,026,998$0$0$36,847,538
89$59,323,260$0$0$40,464,082
90$65,152,984$0$0$44,445,042
91$71,570,371$0$0$48,827,450
92$78,635,142$0$0$53,652,107
93$86,413,104$0$0$58,963,973
94$94,976,770$0$0$64,812,589
95$104,406,040$0$0$71,252,545
96$114,788,957$0$0$78,343,991
97$126,222,537$0$0$86,153,211
98$138,813,683$0$0$94,753,243
99$152,680,194$0$0$104,224,568
100$167,951,876$0$0$114,655,874