Can I retire at age 46 with 1,610,000?

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 $1,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$132,952$131,768$130,613$129,485$128,384$126,779
2 years$65,818$64,592$63,404$62,252$61,135$59,521
3 years$43,443$42,212$41,027$39,886$38,787$37,213
4 years$32,257$31,030$29,857$28,735$27,663$26,141
5 years$25,548$24,328$23,170$22,072$21,029$19,564
6 years$21,076$19,866$18,725$17,651$16,639$15,233
7 years$17,884$16,683$15,561$14,512$13,532$12,185
8 years$15,490$14,300$13,197$12,173$11,226$9,938
9 years$13,630$12,451$11,366$10,369$9,454$8,224
10 years$12,142$10,975$9,909$8,938$8,055$6,883
11 years$10,926$9,770$8,724$7,779$6,928$5,812
12 years$9,913$8,769$7,742$6,823$6,004$4,943
13 years$9,056$7,925$6,917$6,024$5,235$4,228
14 years$8,323$7,204$6,215$5,347$4,589$3,634
15 years$7,688$6,581$5,611$4,769$4,041$3,137
16 years$7,133$6,038$5,088$4,270$3,571$2,716
17 years$6,644$5,560$4,630$3,837$3,166$2,359
18 years$6,209$5,138$4,226$3,458$2,815$2,054
19 years$5,821$4,762$3,869$3,124$2,509$1,792
20 years$5,472$4,425$3,551$2,830$2,242$1,566
21 years$5,157$4,122$3,266$2,568$2,006$1,371
22 years$4,870$3,847$3,010$2,335$1,798$1,202
23 years$4,609$3,598$2,779$2,126$1,614$1,055
24 years$4,370$3,372$2,570$1,939$1,451$927
25 years$4,151$3,164$2,381$1,771$1,305$815
26 years$3,949$2,974$2,208$1,619$1,176$717
27 years$3,762$2,799$2,050$1,482$1,060$631
28 years$3,588$2,637$1,906$1,358$957$556
29 years$3,427$2,488$1,774$1,245$864$490
30 years$3,277$2,349$1,652$1,143$780$432
31 years$3,137$2,221$1,540$1,050$706$382
32 years$3,006$2,102$1,437$965$638$337
33 years$2,883$1,990$1,342$887$578$297
34 years$2,768$1,886$1,254$816$523$263
35 years$2,659$1,789$1,172$751$474$232
36 years$2,557$1,698$1,096$692$429$205
37 years$2,461$1,613$1,026$638$389$181
38 years$2,369$1,533$961$588$353$160
39 years$2,283$1,457$900$542$320$141
40 years$2,201$1,387$844$500$290$125
41 years$2,123$1,320$791$461$263$111
42 years$2,050$1,257$742$426$239$98
43 years$1,980$1,198$697$393$217$86
44 years$1,913$1,142$654$363$197$76
45 years$1,849$1,089$614$335$179$68
46 years$1,789$1,039$577$309$162$60
47 years$1,731$991$542$286$147$53
48 years$1,675$946$509$264$134$47
49 years$1,623$904$479$244$121$41
50 years$1,572$863$450$226$110$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,610,000, adding $2,999 every year, while hoping to spend $20,187 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: 61/19/20 Blend
45$1,610,000$1,610,000$1,610,000$1,610,000
46$1,777,313$1,691,983$1,667,028$1,876,308
47$1,937,121$1,753,412$1,701,395$2,005,002
48$2,112,552$1,817,174$1,736,236$2,142,894
49$2,305,179$1,883,362$1,771,547$2,292,927
50$2,516,734$1,952,073$1,807,321$2,456,284
51$2,749,125$2,023,409$1,843,550$2,634,266
52$3,004,454$2,097,475$1,880,228$2,828,307
53$3,285,036$2,174,379$1,917,343$3,039,981
54$3,593,423$2,254,237$1,954,888$3,271,026
55$3,932,425$2,337,167$1,992,849$3,523,351
56$4,305,138$2,423,294$2,031,215$3,799,060
57$4,714,973$2,512,747$2,069,972$4,100,469
58$5,165,689$2,605,660$2,109,105$4,430,129
59$5,661,426$2,702,174$2,148,596$4,790,847
60$6,206,747$2,802,436$2,188,430$5,185,716
61$6,806,678$2,906,598$2,228,585$5,618,141
62$7,466,757$3,014,819$2,269,041$6,091,873
63$8,193,087$3,127,266$2,309,774$6,611,043
64$8,992,392$3,244,112$2,350,761$7,180,199
65$9,872,079$3,365,537$2,391,975$7,804,352
66$10,840,312$3,491,729$2,433,387$8,489,021
67$11,906,085$3,622,885$2,474,967$9,240,285
68$13,079,308$3,759,209$2,516,681$10,064,842
69$14,370,903$3,900,916$2,558,496$10,970,066
70$15,792,902$4,048,228$2,600,372$11,964,083
71$17,358,565$4,201,377$2,642,271$13,055,845
72$19,082,500$4,360,606$2,684,148$14,255,213
73$20,980,808$4,526,169$2,725,960$15,573,049
74$23,071,228$4,698,328$2,767,657$17,021,321
75$25,373,307$4,877,361$2,809,188$18,613,215
76$27,908,586$5,063,553$2,850,498$20,363,255
77$30,700,801$5,257,206$2,891,528$22,287,446
78$33,776,106$5,458,633$2,932,218$24,403,418
79$37,163,322$5,668,159$2,972,501$26,730,598
80$40,894,210$5,886,128$3,012,308$29,290,390
81$45,003,765$6,112,894$3,051,566$32,106,373
82$49,530,552$6,348,829$3,090,197$35,204,532
83$54,517,069$6,594,322$3,128,119$38,613,492
84$60,010,143$6,849,777$3,165,244$42,364,797
85$66,061,380$7,115,618$3,201,482$46,493,202
86$72,727,645$7,392,287$3,236,736$51,037,000
87$80,071,600$7,680,245$3,270,902$56,038,386
88$88,162,300$7,979,974$3,303,874$61,543,853
89$97,075,838$8,291,976$3,335,537$67,604,631
90$106,896,068$8,616,777$3,365,772$74,277,166
91$117,715,394$8,954,926$3,394,452$81,623,659
92$129,635,643$9,306,996$3,421,445$89,712,646
93$142,769,025$9,673,586$3,446,611$98,619,649
94$157,239,195$10,055,321$3,469,801$108,427,884
95$173,182,416$10,452,855$3,490,862$119,229,049
96$190,748,847$10,866,869$3,509,631$131,124,186
97$210,103,961$11,298,078$3,525,936$144,224,638
98$231,430,107$11,747,226$3,539,597$158,653,093
99$254,928,230$12,215,092$3,550,425$174,544,747
100$280,819,767$12,702,489$3,558,222$192,048,576