Can I retire at age 46 with 1,630,000?

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 $1,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$134,604$133,405$132,235$131,093$129,978$127,511
2 years$66,636$65,395$64,192$63,026$61,895$59,418
3 years$43,982$42,736$41,536$40,381$39,268$36,860
4 years$32,658$31,416$30,228$29,092$28,007$25,685
5 years$25,865$24,630$23,458$22,346$21,290$19,062
6 years$21,338$20,112$18,958$17,870$16,846$14,714
7 years$18,106$16,890$15,754$14,692$13,700$11,665
8 years$15,683$14,478$13,361$12,325$11,366$9,426
9 years$13,799$12,606$11,507$10,498$9,572$7,727
10 years$12,293$11,111$10,032$9,049$8,156$6,404
11 years$11,061$9,892$8,832$7,876$7,014$5,354
12 years$10,036$8,878$7,839$6,908$6,078$4,506
13 years$9,169$8,023$7,003$6,099$5,300$3,815
14 years$8,426$7,293$6,292$5,414$4,646$3,244
15 years$7,784$6,662$5,681$4,828$4,091$2,769
16 years$7,222$6,113$5,151$4,323$3,616$2,371
17 years$6,726$5,629$4,687$3,884$3,206$2,036
18 years$6,286$5,202$4,279$3,500$2,850$1,752
19 years$5,893$4,821$3,917$3,163$2,541$1,511
20 years$5,540$4,480$3,595$2,865$2,269$1,305
21 years$5,221$4,173$3,306$2,600$2,031$1,129
22 years$4,931$3,895$3,047$2,364$1,820$977
23 years$4,666$3,643$2,814$2,153$1,634$847
24 years$4,425$3,413$2,602$1,964$1,469$735
25 years$4,202$3,203$2,410$1,793$1,322$638
26 years$3,998$3,011$2,235$1,640$1,190$554
27 years$3,808$2,833$2,076$1,501$1,073$482
28 years$3,633$2,670$1,930$1,375$968$419
29 years$3,470$2,519$1,796$1,261$875$365
30 years$3,318$2,379$1,673$1,157$790$317
31 years$3,176$2,249$1,559$1,063$714$276
32 years$3,043$2,128$1,455$977$646$241
33 years$2,919$2,015$1,358$898$585$210
34 years$2,802$1,910$1,269$826$529$183
35 years$2,692$1,811$1,187$761$480$159
36 years$2,589$1,719$1,110$701$435$139
37 years$2,491$1,633$1,039$646$394$121
38 years$2,399$1,552$973$595$357$106
39 years$2,311$1,476$912$549$324$92
40 years$2,228$1,404$854$506$294$80
41 years$2,150$1,336$801$467$266$70
42 years$2,075$1,273$752$431$242$61
43 years$2,004$1,213$705$398$219$53
44 years$1,937$1,156$662$367$199$46
45 years$1,872$1,102$622$339$181$41
46 years$1,811$1,052$584$313$164$35
47 years$1,752$1,003$548$289$149$31
48 years$1,696$958$515$267$135$27
49 years$1,643$915$484$247$123$23
50 years$1,591$874$455$228$112$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,630,000, adding $4,560 every year, while hoping to spend $52,283 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: 35/45/20 Blend
45$1,630,000$1,630,000$1,630,000$1,630,000
46$1,800,964$1,714,574$1,689,309$1,852,873
47$1,929,033$1,742,959$1,690,272$1,919,756
48$2,068,414$1,770,983$1,689,515$1,986,701
49$2,220,203$1,798,573$1,686,925$2,057,851
50$2,385,611$1,825,650$1,682,384$2,133,612
51$2,565,967$1,852,131$1,675,768$2,214,432
52$2,762,736$1,877,925$1,666,946$2,300,806
53$2,977,529$1,902,937$1,655,783$2,393,283
54$3,212,120$1,927,064$1,642,135$2,492,469
55$3,468,462$1,950,197$1,625,852$2,599,035
56$3,748,706$1,972,216$1,606,779$2,713,721
57$4,055,218$1,992,999$1,584,749$2,837,349
58$4,390,604$2,012,410$1,559,593$2,970,825
59$4,757,735$2,030,308$1,531,129$3,115,151
60$5,159,772$2,046,540$1,499,169$3,271,437
61$5,600,193$2,060,945$1,463,516$3,440,907
62$6,082,832$2,073,351$1,423,963$3,624,916
63$6,611,911$2,083,575$1,380,295$3,824,961
64$7,192,077$2,091,421$1,332,286$4,042,697
65$7,828,451$2,096,683$1,279,700$4,279,952
66$8,526,673$2,099,140$1,222,290$4,538,747
67$9,292,955$2,098,559$1,159,798$4,821,314
68$10,134,139$2,094,692$1,091,954$5,130,120
69$11,057,763$2,087,274$1,018,476$5,467,889
70$12,072,130$2,076,025$939,070$5,837,631
71$13,186,386$2,060,649$853,428$6,242,669
72$14,410,608$2,040,831$761,229$6,686,677
73$15,755,895$2,016,238$662,135$7,173,707
74$17,234,477$1,986,514$555,797$7,708,238
75$18,859,826$1,951,285$441,849$8,295,213
76$20,646,785$1,910,155$319,907$8,940,092
77$22,611,706$1,862,702$189,573$9,648,899
78$24,772,606$1,808,480$50,430$10,428,288
79$27,149,335$1,747,018$0$11,285,603
80$29,763,762$1,677,818$0$12,249,876
81$32,639,985$1,600,350$0$13,321,973
82$35,804,553$1,514,056$0$14,501,096
83$39,286,718$1,418,346$0$15,798,249
84$43,118,712$1,312,594$0$17,225,568
85$47,336,049$1,196,140$0$18,796,437
86$51,977,861$1,068,285$0$20,525,620
87$57,087,263$928,291$0$22,429,397
88$62,711,766$775,379$0$24,525,724
89$68,903,718$608,725$0$26,834,402
90$75,720,804$427,459$0$29,377,268
91$83,226,582$230,661$0$32,178,402
92$91,491,091$17,361$0$35,264,359
93$100,591,505$0$0$38,664,421
94$110,612,863$0$0$42,516,579
95$121,648,872$0$0$46,768,543
96$133,802,789$0$0$51,451,539
97$147,188,397$0$0$56,609,448
98$161,931,074$0$0$62,290,623
99$178,168,983$0$0$68,548,350
100$196,054,368$0$0$75,441,343