Can I retire at age 46 with 1,570,000?

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 $1,570,000?

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$129,649$128,494$127,368$126,268$125,194$124,197
2 years$64,183$62,987$61,829$60,706$59,616$58,611
3 years$42,363$41,163$40,007$38,895$37,823$36,841
4 years$31,456$30,259$29,115$28,021$26,976$26,024
5 years$24,913$23,724$22,595$21,523$20,506$19,589
6 years$20,553$19,372$18,260$17,212$16,226$15,343
7 years$17,439$16,269$15,174$14,151$13,196$12,348
8 years$15,105$13,945$12,869$11,871$10,947$10,134
9 years$13,291$12,142$11,084$10,111$9,219$8,441
10 years$11,840$10,702$9,663$8,716$7,855$7,112
11 years$10,654$9,528$8,507$7,586$6,756$6,046
12 years$9,667$8,552$7,550$6,654$5,854$5,178
13 years$8,831$7,728$6,745$5,874$5,105$4,461
14 years$8,116$7,025$6,061$5,214$4,475$3,863
15 years$7,497$6,417$5,472$4,650$3,940$3,358
16 years$6,956$5,888$4,961$4,164$3,482$2,930
17 years$6,479$5,422$4,515$3,741$3,088$2,565
18 years$6,055$5,010$4,121$3,372$2,746$2,250
19 years$5,676$4,644$3,773$3,047$2,447$1,979
20 years$5,336$4,315$3,462$2,759$2,186$1,744
21 years$5,028$4,019$3,185$2,504$1,956$1,539
22 years$4,749$3,752$2,935$2,277$1,753$1,360
23 years$4,495$3,509$2,710$2,074$1,574$1,204
24 years$4,262$3,288$2,506$1,891$1,415$1,067
25 years$4,048$3,085$2,321$1,727$1,273$946
26 years$3,850$2,900$2,153$1,579$1,147$840
27 years$3,668$2,729$1,999$1,446$1,034$746
28 years$3,499$2,572$1,859$1,324$933$663
29 years$3,342$2,426$1,730$1,215$842$590
30 years$3,196$2,291$1,611$1,115$761$525
31 years$3,059$2,166$1,502$1,024$688$467
32 years$2,931$2,049$1,401$941$622$416
33 years$2,812$1,941$1,308$865$563$371
34 years$2,699$1,839$1,223$796$510$330
35 years$2,593$1,745$1,143$733$462$295
36 years$2,494$1,656$1,069$675$419$263
37 years$2,399$1,573$1,001$622$379$234
38 years$2,310$1,495$937$573$344$209
39 years$2,226$1,421$878$528$312$187
40 years$2,146$1,352$823$487$283$166
41 years$2,071$1,287$772$450$257$149
42 years$1,999$1,226$724$415$233$133
43 years$1,930$1,168$679$383$211$118
44 years$1,865$1,113$638$354$192$106
45 years$1,803$1,062$599$327$174$94
46 years$1,744$1,013$562$302$158$84
47 years$1,688$967$528$279$144$75
48 years$1,634$923$496$258$130$67
49 years$1,582$881$467$238$118$60
50 years$1,533$842$439$220$108$54

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,570,000, adding $2,495 every year, while hoping to spend $45,549 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: 54/36/10 Blend
45$1,570,000$1,570,000$1,570,000$1,570,000
46$1,732,714$1,649,504$1,625,169$1,821,787
47$1,860,987$1,681,865$1,631,148$1,914,841
48$2,000,817$1,714,287$1,635,801$2,010,892
49$2,153,335$1,746,721$1,639,035$2,114,355
50$2,319,786$1,779,121$1,640,754$2,225,944
51$2,501,539$1,811,434$1,640,854$2,346,441
52$2,700,103$1,843,601$1,639,229$2,476,714
53$2,917,138$1,875,561$1,635,768$2,617,715
54$3,154,471$1,907,249$1,630,351$2,770,494
55$3,414,116$1,938,593$1,622,857$2,936,209
56$3,698,288$1,969,516$1,613,155$3,116,138
57$4,009,427$1,999,936$1,601,109$3,311,688
58$4,350,221$2,029,766$1,586,579$3,524,409
59$4,723,629$2,058,909$1,569,414$3,756,011
60$5,132,909$2,087,266$1,549,460$4,008,380
61$5,581,651$2,114,727$1,526,552$4,283,595
62$6,073,808$2,141,177$1,500,520$4,583,945
63$6,613,734$2,166,493$1,471,185$4,911,958
64$7,206,225$2,190,541$1,438,360$5,270,417
65$7,856,564$2,213,182$1,401,849$5,662,394
66$8,570,570$2,234,264$1,361,447$6,091,273
67$9,354,652$2,253,627$1,316,940$6,560,787
68$10,215,871$2,271,100$1,268,102$7,075,048
69$11,162,008$2,286,501$1,214,701$7,638,595
70$12,201,629$2,299,636$1,156,491$8,256,427
71$13,344,177$2,310,300$1,093,215$8,934,059
72$14,600,051$2,318,273$1,024,605$9,677,569
73$15,980,709$2,323,321$950,383$10,493,659
74$17,498,776$2,325,198$870,254$11,389,717
75$19,168,158$2,323,639$783,915$12,373,890
76$21,004,179$2,318,367$691,045$13,455,156
77$23,023,721$2,309,083$591,311$14,643,418
78$25,245,386$2,295,473$484,365$15,949,588
79$27,689,668$2,277,204$369,844$17,385,701
80$30,379,149$2,253,921$247,368$18,965,019
81$33,338,708$2,225,249$116,541$20,702,168
82$36,595,760$2,190,790$0$22,613,268
83$40,180,511$2,150,123$0$24,718,553
84$44,126,244$2,102,800$0$27,048,582
85$48,469,633$2,048,349$0$29,612,551
86$53,251,086$1,986,269$0$32,434,319
87$58,515,131$1,916,030$0$35,540,182
88$64,310,829$1,837,071$0$38,959,125
89$70,692,245$1,748,798$0$42,723,093
90$77,718,949$1,650,584$0$46,867,301
91$85,456,583$1,541,764$0$51,430,560
92$93,977,481$1,421,637$0$56,455,648
93$103,361,346$1,289,459$0$61,989,715
94$113,696,008$1,144,447$0$68,084,730
95$125,078,247$985,772$0$74,797,972
96$137,614,710$812,556$0$82,192,572
97$151,422,914$623,875$0$90,338,115
98$166,632,358$418,751$0$99,311,291
99$183,385,740$196,152$0$109,196,629
100$201,840,309$0$0$120,087,291