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%16.6%
1 years$136,255$135,042$133,858$132,702$131,573$128,029
2 years$67,453$66,197$64,979$63,799$62,654$59,109
3 years$44,522$43,260$42,046$40,877$39,750$36,315
4 years$33,059$31,801$30,599$29,449$28,350$25,051
5 years$26,183$24,932$23,746$22,620$21,551$18,397
6 years$21,600$20,359$19,190$18,089$17,053$14,047
7 years$18,328$17,098$15,947$14,872$13,869$11,011
8 years$15,875$14,656$13,524$12,476$11,505$8,795
9 years$13,968$12,761$11,649$10,627$9,689$7,123
10 years$12,444$11,248$10,156$9,160$8,256$5,831
11 years$11,197$10,013$8,941$7,972$7,100$4,813
12 years$10,159$8,987$7,935$6,993$6,153$3,999
13 years$9,281$8,122$7,089$6,174$5,365$3,340
14 years$8,530$7,383$6,370$5,480$4,703$2,802
15 years$7,879$6,744$5,751$4,887$4,141$2,359
16 years$7,310$6,188$5,214$4,376$3,660$1,991
17 years$6,809$5,699$4,745$3,932$3,245$1,685
18 years$6,363$5,266$4,331$3,543$2,885$1,429
19 years$5,966$4,880$3,965$3,202$2,572$1,214
20 years$5,608$4,535$3,639$2,900$2,297$1,033
21 years$5,285$4,224$3,347$2,632$2,056$880
22 years$4,991$3,943$3,085$2,393$1,843$750
23 years$4,724$3,688$2,848$2,179$1,654$640
24 years$4,479$3,455$2,634$1,988$1,487$547
25 years$4,254$3,243$2,440$1,815$1,338$467
26 years$4,047$3,048$2,263$1,660$1,205$399
27 years$3,855$2,868$2,101$1,519$1,086$342
28 years$3,677$2,703$1,953$1,392$980$292
29 years$3,512$2,550$1,818$1,276$885$250
30 years$3,359$2,408$1,693$1,171$800$214
31 years$3,215$2,276$1,578$1,076$723$183
32 years$3,081$2,154$1,473$989$654$157
33 years$2,955$2,040$1,375$909$592$135
34 years$2,837$1,933$1,285$837$536$115
35 years$2,725$1,834$1,201$770$485$99
36 years$2,621$1,740$1,124$709$440$85
37 years$2,522$1,653$1,052$653$399$73
38 years$2,428$1,571$985$602$361$62
39 years$2,340$1,494$923$555$328$53
40 years$2,256$1,421$865$512$297$46
41 years$2,176$1,353$811$473$270$39
42 years$2,101$1,288$761$436$245$34
43 years$2,029$1,228$714$403$222$29
44 years$1,960$1,170$670$372$202$25
45 years$1,895$1,116$629$343$183$21
46 years$1,833$1,064$591$317$166$18
47 years$1,774$1,016$555$293$151$16
48 years$1,717$970$522$271$137$13
49 years$1,663$926$490$250$124$11
50 years$1,611$885$461$231$113$10

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 $3,776 every year, while hoping to spend $32,238 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: 37/40/23 Blend
45$1,650,000$1,650,000$1,650,000$1,650,000
46$1,822,195$1,734,745$1,709,170$1,876,906
47$1,973,758$1,785,446$1,732,126$1,967,920
48$2,139,700$1,837,552$1,754,771$2,062,897
49$2,321,453$1,891,096$1,777,060$2,164,843
50$2,520,596$1,946,114$1,798,946$2,274,404
51$2,738,865$2,002,642$1,820,379$2,392,292
52$2,978,175$2,060,717$1,841,307$2,519,291
53$3,240,632$2,120,376$1,861,674$2,656,262
54$3,528,559$2,181,656$1,881,423$2,804,153
55$3,844,511$2,244,597$1,900,490$2,964,010
56$4,191,307$2,309,238$1,918,811$3,136,980
57$4,572,046$2,375,617$1,936,318$3,324,330
58$4,990,148$2,443,775$1,952,938$3,527,453
59$5,449,377$2,513,754$1,968,595$3,747,882
60$5,953,879$2,585,593$1,983,209$3,987,307
61$6,508,224$2,659,336$1,996,695$4,247,589
62$7,117,443$2,735,025$2,008,965$4,530,777
63$7,787,083$2,812,701$2,019,926$4,839,126
64$8,523,251$2,892,409$2,029,479$5,175,123
65$9,332,678$2,974,192$2,037,522$5,541,505
66$10,222,778$3,058,094$2,043,945$5,941,290
67$11,201,720$3,144,160$2,048,637$6,377,799
68$12,278,505$3,232,434$2,051,476$6,854,692
69$13,463,051$3,322,961$2,052,338$7,376,004
70$14,766,282$3,415,786$2,051,091$7,946,175
71$16,200,237$3,510,954$2,047,597$8,570,102
72$17,778,182$3,608,511$2,041,712$9,253,177
73$19,514,730$3,708,502$2,033,284$10,001,343
74$21,425,987$3,810,973$2,022,153$10,821,147
75$23,529,696$3,915,969$2,008,153$11,719,804
76$25,845,408$4,023,535$1,991,110$12,705,263
77$28,394,667$4,133,715$1,970,839$13,786,284
78$31,201,211$4,246,555$1,947,150$14,972,518
79$34,291,196$4,362,097$1,919,841$16,274,603
80$37,693,444$4,480,387$1,888,702$17,704,258
81$41,439,715$4,601,466$1,853,513$19,274,398
82$45,565,005$4,725,376$1,814,045$20,999,256
83$50,107,874$4,852,158$1,770,054$22,894,515
84$55,110,817$4,981,853$1,721,290$24,977,458
85$60,620,655$5,114,500$1,667,489$27,267,131
86$66,688,986$5,250,134$1,608,374$29,784,521
87$73,372,665$5,388,793$1,543,657$32,552,757
88$80,734,344$5,530,511$1,473,036$35,597,329
89$88,843,060$5,675,319$1,396,196$38,946,324
90$97,774,890$5,823,248$1,312,806$42,630,695
91$107,613,667$5,974,325$1,222,523$46,684,556
92$118,451,770$6,128,576$1,124,987$51,145,498
93$130,390,997$6,286,022$1,019,820$56,054,948
94$143,543,525$6,446,684$906,631$61,458,561
95$158,032,970$6,610,576$785,008$67,406,648
96$173,995,550$6,777,711$654,523$73,954,654
97$191,581,374$6,948,098$514,727$81,163,684
98$210,955,858$7,121,738$365,155$89,101,073
99$232,301,285$7,298,633$205,317$97,841,030
100$255,818,526$7,478,775$34,704$107,465,334