Can I retire at age 46 with 1,670,000?

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 $1,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$137,907$136,679$135,480$134,310$133,168$130,373
2 years$68,271$66,999$65,767$64,572$63,413$60,610
3 years$45,062$43,785$42,556$41,372$40,232$37,509
4 years$33,460$32,186$30,970$29,806$28,694$26,071
5 years$26,500$25,235$24,034$22,894$21,813$19,298
6 years$21,862$20,606$19,423$18,309$17,260$14,856
7 years$18,550$17,305$16,140$15,052$14,037$11,744
8 years$16,068$14,833$13,688$12,627$11,645$9,463
9 years$14,138$12,915$11,790$10,756$9,807$7,734
10 years$12,595$11,384$10,279$9,271$8,356$6,390
11 years$11,333$10,135$9,049$8,069$7,186$5,325
12 years$10,282$9,096$8,031$7,077$6,227$4,468
13 years$9,394$8,220$7,175$6,248$5,430$3,769
14 years$8,633$7,472$6,447$5,547$4,760$3,195
15 years$7,975$6,826$5,821$4,947$4,191$2,718
16 years$7,399$6,263$5,277$4,429$3,704$2,319
17 years$6,891$5,768$4,802$3,980$3,284$1,984
18 years$6,441$5,330$4,384$3,586$2,920$1,701
19 years$6,038$4,939$4,013$3,241$2,603$1,462
20 years$5,676$4,590$3,683$2,935$2,325$1,258
21 years$5,349$4,275$3,388$2,664$2,081$1,084
22 years$5,052$3,991$3,122$2,422$1,865$935
23 years$4,781$3,733$2,883$2,206$1,674$807
24 years$4,533$3,497$2,666$2,012$1,505$697
25 years$4,306$3,282$2,469$1,837$1,354$603
26 years$4,096$3,084$2,290$1,680$1,220$522
27 years$3,902$2,903$2,127$1,538$1,100$452
28 years$3,722$2,735$1,977$1,409$992$391
29 years$3,555$2,580$1,840$1,292$896$339
30 years$3,399$2,437$1,714$1,186$810$294
31 years$3,254$2,304$1,598$1,089$732$255
32 years$3,118$2,180$1,491$1,001$662$221
33 years$2,991$2,064$1,392$920$599$192
34 years$2,871$1,957$1,300$847$542$166
35 years$2,758$1,856$1,216$779$491$144
36 years$2,652$1,761$1,137$718$445$125
37 years$2,552$1,673$1,065$661$403$109
38 years$2,458$1,590$997$610$366$94
39 years$2,368$1,512$934$562$332$82
40 years$2,283$1,438$875$518$301$71
41 years$2,203$1,369$821$478$273$62
42 years$2,126$1,304$770$441$248$54
43 years$2,053$1,242$723$408$225$47
44 years$1,984$1,184$678$376$204$41
45 years$1,918$1,129$637$347$185$35
46 years$1,855$1,077$598$321$168$31
47 years$1,795$1,028$562$297$153$27
48 years$1,738$981$528$274$139$23
49 years$1,683$937$496$253$126$20
50 years$1,631$895$467$234$114$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,670,000, adding $3,821 every year, while hoping to spend $42,154 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: 45/31/24 Blend
45$1,670,000$1,670,000$1,670,000$1,670,000
46$1,844,281$1,755,771$1,729,886$1,914,347
47$1,987,547$1,796,953$1,742,986$2,005,406
48$2,144,012$1,838,739$1,755,112$2,099,691
49$2,314,979$1,881,115$1,766,186$2,201,102
50$2,501,882$1,924,065$1,776,129$2,310,324
51$2,706,299$1,967,569$1,784,853$2,428,113
52$2,929,967$2,011,605$1,792,271$2,555,300
53$3,174,798$2,056,149$1,798,287$2,692,803
54$3,442,901$2,101,174$1,802,804$2,841,635
55$3,736,595$2,146,649$1,805,716$3,002,910
56$4,058,435$2,192,542$1,806,914$3,177,857
57$4,411,236$2,238,817$1,806,286$3,367,832
58$4,798,095$2,285,432$1,803,710$3,574,328
59$5,222,426$2,332,344$1,799,060$3,798,994
60$5,687,990$2,379,505$1,792,204$4,043,644
61$6,198,927$2,426,862$1,783,005$4,310,282
62$6,759,798$2,474,359$1,771,316$4,601,115
63$7,375,628$2,521,934$1,756,986$4,918,577
64$8,051,953$2,569,519$1,739,856$5,265,352
65$8,794,869$2,617,042$1,719,758$5,644,398
66$9,611,093$2,664,425$1,696,517$6,058,979
67$10,508,025$2,711,582$1,669,951$6,512,689
68$11,493,817$2,758,424$1,639,868$7,009,496
69$12,577,451$2,804,850$1,606,068$7,553,770
70$13,768,819$2,850,757$1,568,340$8,150,334
71$15,078,824$2,896,029$1,526,465$8,804,500
72$16,519,476$2,940,546$1,480,213$9,522,129
73$18,104,006$2,984,177$1,429,343$10,309,680
74$19,846,994$3,026,780$1,373,606$11,174,275
75$21,764,502$3,068,208$1,312,737$12,123,767
76$23,874,230$3,108,299$1,246,462$13,166,812
77$26,195,677$3,146,881$1,174,494$14,312,953
78$28,750,329$3,183,771$1,096,532$15,572,712
79$31,561,861$3,218,774$1,012,264$16,957,687
80$34,656,357$3,251,680$921,361$18,480,664
81$38,062,560$3,282,267$823,482$20,155,740
82$41,812,140$3,310,297$718,268$21,998,456
83$45,939,995$3,335,518$605,346$24,025,940
84$50,484,575$3,357,659$484,326$26,257,078
85$55,488,252$3,376,435$354,801$28,712,688
86$60,997,713$3,391,539$216,346$31,415,716
87$67,064,403$3,402,648$68,517$34,391,460
88$73,745,010$3,409,416$0$37,667,804
89$81,102,001$3,411,477$0$41,298,340
90$89,204,207$3,408,442$0$45,314,307
91$98,127,477$3,399,896$0$49,735,619
92$107,955,391$3,385,402$0$54,603,578
93$118,780,047$3,364,493$0$59,963,705
94$130,702,934$3,336,675$0$65,866,167
95$143,835,887$3,301,426$0$72,366,249
96$158,302,139$3,258,188$0$79,524,883
97$174,237,493$3,206,374$0$87,409,220
98$191,791,590$3,145,360$0$96,093,264
99$211,129,335$3,074,485$0$105,658,575
100$232,432,443$2,993,050$0$116,195,036