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%16%
1 years$126,346$125,221$124,123$123,051$122,004$119,007
2 years$62,548$61,383$60,254$59,159$58,097$55,096
3 years$41,284$40,114$38,988$37,904$36,859$33,948
4 years$30,655$29,488$28,373$27,308$26,288$23,489
5 years$24,278$23,119$22,019$20,975$19,984$17,305
6 years$20,029$18,878$17,795$16,774$15,813$13,256
7 years$16,995$15,854$14,787$13,791$12,860$10,426
8 years$14,721$13,590$12,541$11,569$10,669$8,357
9 years$12,952$11,832$10,801$9,854$8,984$6,793
10 years$11,539$10,430$9,417$8,494$7,655$5,582
11 years$10,383$9,285$8,291$7,392$6,584$4,625
12 years$9,420$8,334$7,358$6,484$5,705$3,858
13 years$8,606$7,531$6,574$5,725$4,975$3,235
14 years$7,910$6,846$5,906$5,082$4,361$2,725
15 years$7,306$6,254$5,333$4,532$3,840$2,304
16 years$6,778$5,738$4,835$4,058$3,394$1,953
17 years$6,313$5,284$4,399$3,646$3,009$1,660
18 years$5,901$4,883$4,016$3,286$2,676$1,414
19 years$5,532$4,525$3,677$2,969$2,385$1,207
20 years$5,200$4,205$3,374$2,689$2,130$1,031
21 years$4,900$3,917$3,104$2,440$1,906$883
22 years$4,628$3,656$2,860$2,219$1,709$756
23 years$4,380$3,420$2,641$2,021$1,534$648
24 years$4,153$3,204$2,443$1,843$1,379$556
25 years$3,945$3,007$2,262$1,683$1,241$478
26 years$3,752$2,826$2,098$1,539$1,117$410
27 years$3,575$2,660$1,948$1,409$1,007$353
28 years$3,410$2,506$1,811$1,291$909$303
29 years$3,257$2,364$1,686$1,184$821$261
30 years$3,114$2,233$1,570$1,086$742$224
31 years$2,981$2,111$1,464$998$671$193
32 years$2,857$1,997$1,366$917$607$166
33 years$2,740$1,891$1,275$843$549$143
34 years$2,630$1,793$1,191$776$497$123
35 years$2,527$1,700$1,114$714$450$106
36 years$2,430$1,614$1,042$658$408$91
37 years$2,338$1,533$975$606$370$79
38 years$2,252$1,457$913$559$335$68
39 years$2,170$1,385$856$515$304$59
40 years$2,092$1,318$802$475$276$50
41 years$2,018$1,254$752$438$250$43
42 years$1,948$1,195$705$404$227$37
43 years$1,881$1,138$662$373$206$32
44 years$1,818$1,085$621$345$187$28
45 years$1,757$1,035$583$318$170$24
46 years$1,700$987$548$294$154$21
47 years$1,645$942$515$272$140$18
48 years$1,592$899$484$251$127$15
49 years$1,542$859$455$232$115$13
50 years$1,494$820$428$214$105$11

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 $6,237 every year, while hoping to spend $55,318 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: 45/36/19 Blend
45$1,530,000$1,530,000$1,530,000$1,530,000
46$1,692,493$1,611,403$1,587,688$1,759,155
47$1,806,270$1,631,504$1,582,018$1,826,618
48$1,929,797$1,650,736$1,574,304$1,893,753
49$2,064,012$1,668,998$1,564,419$1,965,399
50$2,209,945$1,686,182$1,552,230$2,042,000
51$2,368,727$1,702,173$1,537,597$2,124,048
52$2,541,607$1,716,848$1,520,376$2,212,087
53$2,729,955$1,730,078$1,500,413$2,306,716
54$2,935,281$1,741,723$1,477,548$2,408,601
55$3,159,247$1,751,635$1,451,613$2,518,477
56$3,403,682$1,759,656$1,422,433$2,637,158
57$3,670,598$1,765,620$1,389,825$2,765,542
58$3,962,211$1,769,347$1,353,597$2,904,623
59$4,280,961$1,770,650$1,313,547$3,055,501
60$4,629,533$1,769,326$1,269,465$3,219,390
61$5,010,885$1,765,163$1,221,131$3,397,633
62$5,428,273$1,757,933$1,168,317$3,591,715
63$5,885,282$1,747,397$1,110,781$3,803,275
64$6,385,861$1,733,300$1,048,272$4,034,127
65$6,934,358$1,715,370$980,528$4,286,272
66$7,535,561$1,693,322$907,275$4,561,925
67$8,194,745$1,666,852$828,225$4,863,529
68$8,917,718$1,635,637$743,080$5,193,785
69$9,710,878$1,599,336$651,526$5,555,675
70$10,581,273$1,557,588$553,237$5,952,494
71$11,536,664$1,510,012$447,872$6,387,880
72$12,585,602$1,456,201$335,074$6,865,850
73$13,737,506$1,395,727$214,472$7,390,842
74$15,002,752$1,328,138$85,677$7,967,753
75$16,392,770$1,252,954$0$8,601,990
76$17,920,151$1,169,667$0$9,310,020
77$19,598,767$1,077,742$0$10,107,155
78$21,443,902$976,612$0$10,983,371
79$23,472,391$865,677$0$11,946,792
80$25,702,784$744,304$0$13,006,376
81$28,155,518$611,825$0$14,172,005
82$30,853,108$467,532$0$15,454,577
83$33,820,364$310,679$0$16,866,110
84$37,084,616$140,478$0$18,419,863
85$40,675,982$0$0$20,130,452
86$44,627,642$0$0$22,031,394
87$48,976,157$0$0$24,184,690
88$53,761,810$0$0$26,554,664
89$59,028,988$0$0$29,163,324
90$64,826,596$0$0$32,034,919
91$71,208,526$0$0$35,196,172
92$78,234,155$0$0$38,676,523
93$85,968,913$0$0$42,508,416
94$94,484,894$0$0$46,727,599
95$103,861,541$0$0$51,373,463
96$114,186,390$0$0$56,489,414
97$125,555,900$0$0$62,123,282
98$138,076,358$0$0$68,327,771
99$151,864,886$0$0$75,160,956
100$167,050,544$0$0$82,686,836