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%19.6%
1 years$129,649$128,494$127,368$126,268$125,194$120,369
2 years$64,183$62,987$61,829$60,706$59,616$54,813
3 years$42,363$41,163$40,007$38,895$37,823$33,192
4 years$31,456$30,259$29,115$28,021$26,976$22,553
5 years$24,913$23,724$22,595$21,523$20,506$16,303
6 years$20,553$19,372$18,260$17,212$16,226$12,245
7 years$17,439$16,269$15,174$14,151$13,196$9,435
8 years$15,105$13,945$12,869$11,871$10,947$7,404
9 years$13,291$12,142$11,084$10,111$9,219$5,888
10 years$11,840$10,702$9,663$8,716$7,855$4,729
11 years$10,654$9,528$8,507$7,586$6,756$3,829
12 years$9,667$8,552$7,550$6,654$5,854$3,118
13 years$8,831$7,728$6,745$5,874$5,105$2,552
14 years$8,116$7,025$6,061$5,214$4,475$2,097
15 years$7,497$6,417$5,472$4,650$3,940$1,728
16 years$6,956$5,888$4,961$4,164$3,482$1,428
17 years$6,479$5,422$4,515$3,741$3,088$1,182
18 years$6,055$5,010$4,121$3,372$2,746$980
19 years$5,676$4,644$3,773$3,047$2,447$814
20 years$5,336$4,315$3,462$2,759$2,186$677
21 years$5,028$4,019$3,185$2,504$1,956$563
22 years$4,749$3,752$2,935$2,277$1,753$469
23 years$4,495$3,509$2,710$2,074$1,574$391
24 years$4,262$3,288$2,506$1,891$1,415$326
25 years$4,048$3,085$2,321$1,727$1,273$272
26 years$3,850$2,900$2,153$1,579$1,147$227
27 years$3,668$2,729$1,999$1,446$1,034$189
28 years$3,499$2,572$1,859$1,324$933$158
29 years$3,342$2,426$1,730$1,215$842$132
30 years$3,196$2,291$1,611$1,115$761$110
31 years$3,059$2,166$1,502$1,024$688$92
32 years$2,931$2,049$1,401$941$622$77
33 years$2,812$1,941$1,308$865$563$64
34 years$2,699$1,839$1,223$796$510$54
35 years$2,593$1,745$1,143$733$462$45
36 years$2,494$1,656$1,069$675$419$38
37 years$2,399$1,573$1,001$622$379$31
38 years$2,310$1,495$937$573$344$26
39 years$2,226$1,421$878$528$312$22
40 years$2,146$1,352$823$487$283$18
41 years$2,071$1,287$772$450$257$15
42 years$1,999$1,226$724$415$233$13
43 years$1,930$1,168$679$383$211$11
44 years$1,865$1,113$638$354$192$9
45 years$1,803$1,062$599$327$174$7
46 years$1,744$1,013$562$302$158$6
47 years$1,688$967$528$279$144$5
48 years$1,634$923$496$258$130$4
49 years$1,582$881$467$238$118$4
50 years$1,533$842$439$220$108$3

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 $2,828 every year, while hoping to spend $38,139 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: 74/20/6 Blend
45$1,570,000$1,570,000$1,570,000$1,570,000
46$1,733,057$1,649,847$1,625,512$1,859,955
47$1,869,249$1,690,110$1,639,387$1,984,121
48$2,018,055$1,731,068$1,652,449$2,114,983
49$2,180,720$1,772,713$1,664,629$2,257,241
50$2,358,617$1,815,040$1,675,858$2,412,008
51$2,553,257$1,858,038$1,686,060$2,580,509
52$2,766,302$1,901,695$1,695,157$2,764,093
53$2,999,586$1,945,999$1,703,065$2,964,247
54$3,255,125$1,990,934$1,709,699$3,182,607
55$3,535,141$2,036,483$1,714,967$3,420,976
56$3,842,080$2,082,625$1,718,773$3,681,338
57$4,178,637$2,129,339$1,721,017$3,965,881
58$4,547,780$2,176,599$1,721,593$4,277,013
59$4,952,778$2,224,376$1,720,390$4,617,386
60$5,397,231$2,272,640$1,717,293$4,989,924
61$5,885,104$2,321,355$1,712,179$5,397,846
62$6,420,768$2,370,485$1,704,920$5,844,698
63$7,009,034$2,419,986$1,695,382$6,334,389
64$7,655,204$2,469,814$1,683,425$6,871,223
65$8,365,117$2,519,917$1,668,903$7,459,943
66$9,145,207$2,570,241$1,651,659$8,105,775
67$10,002,563$2,620,727$1,631,534$8,814,477
68$10,944,992$2,671,310$1,608,358$9,592,391
69$11,981,096$2,721,920$1,581,954$10,446,508
70$13,120,355$2,772,481$1,552,136$11,384,530
71$14,373,209$2,822,911$1,518,710$12,414,943
72$15,751,164$2,873,121$1,481,474$13,547,097
73$17,266,894$2,923,015$1,440,216$14,791,297
74$18,934,366$2,972,492$1,394,712$16,158,895
75$20,768,967$3,021,440$1,344,730$17,662,403
76$22,787,651$3,069,739$1,290,028$19,315,607
77$25,009,099$3,117,264$1,230,351$21,133,698
78$27,453,893$3,163,876$1,165,434$23,133,415
79$30,144,713$3,209,429$1,094,999$25,333,206
80$33,106,548$3,253,765$1,018,756$27,753,398
81$36,366,934$3,296,717$936,401$30,416,392
82$39,956,209$3,338,104$847,619$33,346,872
83$43,907,805$3,377,735$752,077$36,572,041
84$48,258,561$3,415,403$649,431$40,121,873
85$53,049,066$3,450,890$539,319$44,029,403
86$58,324,049$3,483,962$421,365$48,331,033
87$64,132,796$3,514,370$295,174$53,066,879
88$70,529,616$3,541,848$160,337$58,281,146
89$77,574,352$3,566,114$16,423$64,022,552
90$85,332,948$3,586,866$0$70,344,782
91$93,878,071$3,603,785$0$77,315,779
92$103,289,793$3,616,529$0$84,993,650
93$113,656,350$3,624,736$0$93,449,222
94$125,074,972$3,628,023$0$102,761,704
95$137,652,802$3,625,979$0$113,018,383
96$151,507,906$3,618,170$0$124,315,448
97$166,770,389$3,604,137$0$136,758,901
98$183,583,618$3,583,389$0$150,465,552
99$202,105,579$3,555,408$0$165,564,129
100$222,510,369$3,519,643$0$182,196,485