Can I retire at age 46 with 1,650,000?

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 $1,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$136,255$135,042$133,858$132,702$131,573$127,823
2 years$67,453$66,197$64,979$63,799$62,654$58,904
3 years$44,522$43,260$42,046$40,877$39,750$36,119
4 years$33,059$31,801$30,599$29,449$28,350$24,866
5 years$26,183$24,932$23,746$22,620$21,551$18,223
6 years$21,600$20,359$19,190$18,089$17,053$13,883
7 years$18,328$17,098$15,947$14,872$13,869$10,858
8 years$15,875$14,656$13,524$12,476$11,505$8,652
9 years$13,968$12,761$11,649$10,627$9,689$6,991
10 years$12,444$11,248$10,156$9,160$8,256$5,708
11 years$11,197$10,013$8,941$7,972$7,100$4,699
12 years$10,159$8,987$7,935$6,993$6,153$3,894
13 years$9,281$8,122$7,089$6,174$5,365$3,244
14 years$8,530$7,383$6,370$5,480$4,703$2,714
15 years$7,879$6,744$5,751$4,887$4,141$2,278
16 years$7,310$6,188$5,214$4,376$3,660$1,918
17 years$6,809$5,699$4,745$3,932$3,245$1,618
18 years$6,363$5,266$4,331$3,543$2,885$1,368
19 years$5,966$4,880$3,965$3,202$2,572$1,159
20 years$5,608$4,535$3,639$2,900$2,297$983
21 years$5,285$4,224$3,347$2,632$2,056$835
22 years$4,991$3,943$3,085$2,393$1,843$709
23 years$4,724$3,688$2,848$2,179$1,654$604
24 years$4,479$3,455$2,634$1,988$1,487$514
25 years$4,254$3,243$2,440$1,815$1,338$438
26 years$4,047$3,048$2,263$1,660$1,205$373
27 years$3,855$2,868$2,101$1,519$1,086$318
28 years$3,677$2,703$1,953$1,392$980$271
29 years$3,512$2,550$1,818$1,276$885$231
30 years$3,359$2,408$1,693$1,171$800$197
31 years$3,215$2,276$1,578$1,076$723$169
32 years$3,081$2,154$1,473$989$654$144
33 years$2,955$2,040$1,375$909$592$123
34 years$2,837$1,933$1,285$837$536$105
35 years$2,725$1,834$1,201$770$485$90
36 years$2,621$1,740$1,124$709$440$77
37 years$2,522$1,653$1,052$653$399$65
38 years$2,428$1,571$985$602$361$56
39 years$2,340$1,494$923$555$328$48
40 years$2,256$1,421$865$512$297$41
41 years$2,176$1,353$811$473$270$35
42 years$2,101$1,288$761$436$245$30
43 years$2,029$1,228$714$403$222$25
44 years$1,960$1,170$670$372$202$22
45 years$1,895$1,116$629$343$183$19
46 years$1,833$1,064$591$317$166$16
47 years$1,774$1,016$555$293$151$14
48 years$1,717$970$522$271$137$12
49 years$1,663$926$490$250$124$10
50 years$1,611$885$461$231$113$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,650,000, adding $2,043 every year, while hoping to spend $38,431 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: 42/45/13 Blend
45$1,650,000$1,650,000$1,650,000$1,650,000
46$1,820,407$1,732,957$1,707,382$1,889,849
47$1,965,199$1,776,982$1,723,689$1,982,815
48$2,123,471$1,821,876$1,739,255$2,079,442
49$2,296,558$1,867,641$1,754,013$2,183,232
50$2,485,929$1,914,278$1,767,895$2,294,855
51$2,693,203$1,961,786$1,780,828$2,415,052
52$2,920,160$2,010,165$1,792,737$2,544,635
53$3,168,763$2,059,409$1,803,540$2,684,500
54$3,441,172$2,109,516$1,813,154$2,835,633
55$3,739,767$2,160,477$1,821,489$2,999,122
56$4,067,167$2,212,284$1,828,453$3,176,161
57$4,426,259$2,264,927$1,833,948$3,368,070
58$4,820,223$2,318,394$1,837,870$3,576,299
59$5,252,559$2,372,668$1,840,112$3,802,449
60$5,727,124$2,427,733$1,840,560$4,048,280
61$6,248,167$2,483,569$1,839,095$4,315,733
62$6,820,369$2,540,152$1,835,594$4,606,948
63$7,448,884$2,597,457$1,829,923$4,924,281
64$8,139,392$2,655,454$1,821,947$5,270,328
65$8,898,149$2,714,111$1,811,522$5,647,951
66$9,732,049$2,773,391$1,798,497$6,060,302
67$10,648,684$2,833,253$1,782,713$6,510,856
68$11,656,422$2,893,654$1,764,005$7,003,441
69$12,764,478$2,954,544$1,742,200$7,542,279
70$13,983,007$3,015,870$1,717,117$8,132,018
71$15,323,198$3,077,571$1,688,564$8,777,784
72$16,797,376$3,139,585$1,656,344$9,485,225
73$18,419,125$3,201,841$1,620,247$10,260,567
74$20,203,406$3,264,262$1,580,056$11,110,669
75$22,166,709$3,326,766$1,535,543$12,043,095
76$24,327,199$3,389,263$1,486,470$13,066,177
77$26,704,893$3,451,656$1,432,586$14,189,102
78$29,321,846$3,513,841$1,373,631$15,421,991
79$32,202,359$3,575,704$1,309,333$16,776,005
80$35,373,209$3,637,123$1,239,405$18,263,440
81$38,863,902$3,697,968$1,163,550$19,897,850
82$42,706,948$3,758,096$1,081,458$21,694,176
83$46,938,171$3,817,358$992,801$23,668,882
84$51,597,045$3,875,589$897,240$25,840,117
85$56,727,066$3,932,615$794,420$28,227,882
86$62,376,164$3,988,250$683,970$30,854,223
87$68,597,152$4,042,294$565,503$33,743,439
88$75,448,227$4,094,532$438,613$36,922,310
89$82,993,519$4,144,737$302,879$40,420,353
90$91,303,692$4,192,663$157,859$44,270,101
91$100,456,614$4,238,049$3,094$48,507,409
92$110,538,093$4,280,618$0$53,171,797
93$121,642,682$4,320,072$0$58,329,301
94$133,874,576$4,356,095$0$64,007,366
95$147,348,589$4,388,350$0$70,258,544
96$162,191,243$4,416,478$0$77,141,224
97$178,541,961$4,440,096$0$84,719,756
98$196,554,380$4,458,799$0$93,065,057
99$216,397,801$4,472,155$0$102,255,283
100$238,258,789$4,479,703$0$112,376,565