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%19.7%
1 years$134,604$133,405$132,235$131,093$129,978$124,920
2 years$66,636$65,395$64,192$63,026$61,895$56,859
3 years$43,982$42,736$41,536$40,381$39,268$34,415
4 years$32,658$31,416$30,228$29,092$28,007$23,372
5 years$25,865$24,630$23,458$22,346$21,290$16,886
6 years$21,338$20,112$18,958$17,870$16,846$12,676
7 years$18,106$16,890$15,754$14,692$13,700$9,762
8 years$15,683$14,478$13,361$12,325$11,366$7,656
9 years$13,799$12,606$11,507$10,498$9,572$6,084
10 years$12,293$11,111$10,032$9,049$8,156$4,884
11 years$11,061$9,892$8,832$7,876$7,014$3,951
12 years$10,036$8,878$7,839$6,908$6,078$3,216
13 years$9,169$8,023$7,003$6,099$5,300$2,630
14 years$8,426$7,293$6,292$5,414$4,646$2,159
15 years$7,784$6,662$5,681$4,828$4,091$1,778
16 years$7,222$6,113$5,151$4,323$3,616$1,468
17 years$6,726$5,629$4,687$3,884$3,206$1,215
18 years$6,286$5,202$4,279$3,500$2,850$1,006
19 years$5,893$4,821$3,917$3,163$2,541$835
20 years$5,540$4,480$3,595$2,865$2,269$694
21 years$5,221$4,173$3,306$2,600$2,031$577
22 years$4,931$3,895$3,047$2,364$1,820$480
23 years$4,666$3,643$2,814$2,153$1,634$400
24 years$4,425$3,413$2,602$1,964$1,469$333
25 years$4,202$3,203$2,410$1,793$1,322$278
26 years$3,998$3,011$2,235$1,640$1,190$232
27 years$3,808$2,833$2,076$1,501$1,073$193
28 years$3,633$2,670$1,930$1,375$968$161
29 years$3,470$2,519$1,796$1,261$875$135
30 years$3,318$2,379$1,673$1,157$790$112
31 years$3,176$2,249$1,559$1,063$714$94
32 years$3,043$2,128$1,455$977$646$78
33 years$2,919$2,015$1,358$898$585$65
34 years$2,802$1,910$1,269$826$529$55
35 years$2,692$1,811$1,187$761$480$46
36 years$2,589$1,719$1,110$701$435$38
37 years$2,491$1,633$1,039$646$394$32
38 years$2,399$1,552$973$595$357$27
39 years$2,311$1,476$912$549$324$22
40 years$2,228$1,404$854$506$294$19
41 years$2,150$1,336$801$467$266$15
42 years$2,075$1,273$752$431$242$13
43 years$2,004$1,213$705$398$219$11
44 years$1,937$1,156$662$367$199$9
45 years$1,872$1,102$622$339$181$8
46 years$1,811$1,052$584$313$164$6
47 years$1,752$1,003$548$289$149$5
48 years$1,696$958$515$267$135$4
49 years$1,643$915$484$247$123$4
50 years$1,591$874$455$228$112$3

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 $4,335 every year, while hoping to spend $29,538 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: 39/39/22 Blend
45$1,630,000$1,630,000$1,630,000$1,630,000
46$1,800,732$1,714,342$1,689,077$1,859,022
47$1,952,978$1,766,916$1,714,232$1,954,061
48$2,119,764$1,821,077$1,739,241$2,053,652
49$2,302,540$1,876,870$1,764,066$2,160,743
50$2,502,906$1,934,344$1,788,670$2,276,034
51$2,722,624$1,993,548$1,813,011$2,400,291
52$2,963,631$2,054,532$1,837,047$2,534,360
53$3,228,066$2,117,348$1,860,732$2,679,169
54$3,518,280$2,182,049$1,884,018$2,835,741
55$3,836,866$2,248,691$1,906,854$3,005,201
56$4,186,679$2,317,330$1,929,186$3,188,786
57$4,570,864$2,388,023$1,950,958$3,387,859
58$4,992,886$2,460,830$1,972,109$3,603,920
59$5,456,562$2,535,812$1,992,576$3,838,621
60$5,966,097$2,613,032$2,012,293$4,093,778
61$6,526,122$2,692,554$2,031,188$4,371,394
62$7,141,742$2,774,445$2,049,188$4,673,671
63$7,818,579$2,858,771$2,066,215$5,003,036
64$8,562,826$2,945,604$2,082,186$5,362,162
65$9,381,310$3,035,014$2,097,015$5,753,992
66$10,281,549$3,127,075$2,110,610$6,181,765
67$11,271,828$3,221,863$2,122,877$6,649,053
68$12,361,275$3,319,454$2,133,713$7,159,787
69$13,559,946$3,419,928$2,143,013$7,718,297
70$14,878,923$3,523,367$2,150,667$8,329,355
71$16,330,415$3,629,855$2,156,556$8,998,216
72$17,927,876$3,739,476$2,160,559$9,730,667
73$19,686,128$3,852,319$2,162,547$10,533,088
74$21,621,504$3,968,474$2,162,383$11,412,504
75$23,752,001$4,088,033$2,159,927$12,376,656
76$26,097,451$4,211,091$2,155,030$13,434,070
77$28,679,702$4,337,746$2,147,534$14,594,143
78$31,522,833$4,468,097$2,137,278$15,867,225
79$34,653,373$4,602,245$2,124,089$17,264,724
80$38,100,558$4,740,297$2,107,787$18,799,203
81$41,896,602$4,882,357$2,088,184$20,484,510
82$46,076,999$5,028,537$2,065,082$22,335,901
83$50,680,866$5,178,949$2,038,275$24,370,185
84$55,751,304$5,333,707$2,007,547$26,605,885
85$61,335,808$5,492,929$1,972,671$29,063,409
86$67,486,714$5,656,736$1,933,409$31,765,247
87$74,261,694$5,825,251$1,889,513$34,736,178
88$81,724,299$5,998,601$1,840,724$38,003,509
89$89,944,559$6,176,914$1,786,770$41,597,329
90$98,999,644$6,360,322$1,727,366$45,550,792
91$108,974,590$6,548,961$1,662,216$49,900,434
92$119,963,106$6,742,968$1,591,008$54,686,514
93$132,068,454$6,942,484$1,513,417$59,953,398
94$145,404,423$7,147,653$1,429,104$65,749,971
95$160,096,409$7,358,623$1,337,714$72,130,105
96$176,282,591$7,575,543$1,238,876$79,153,164
97$194,115,238$7,798,568$1,132,201$86,884,566
98$213,762,148$8,027,853$1,017,285$95,396,398
99$235,408,228$8,263,558$893,705$104,768,100
100$259,257,241$8,505,847$761,018$115,087,212