Can I retire at age 46 with 1,690,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,690,000?

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$139,559$138,316$137,103$135,919$134,763$130,921
2 years$69,088$67,802$66,555$65,346$64,173$60,332
3 years$45,601$44,309$43,065$41,868$40,714$36,995
4 years$33,860$32,572$31,341$30,163$29,037$25,469
5 years$26,817$25,537$24,322$23,168$22,074$18,665
6 years$22,124$20,853$19,655$18,528$17,466$14,220
7 years$18,772$17,512$16,334$15,233$14,205$11,121
8 years$16,260$15,011$13,852$12,778$11,784$8,862
9 years$14,307$13,070$11,931$10,884$9,924$7,160
10 years$12,745$11,520$10,402$9,382$8,456$5,847
11 years$11,469$10,256$9,157$8,166$7,272$4,813
12 years$10,405$9,205$8,127$7,162$6,302$3,989
13 years$9,507$8,319$7,261$6,323$5,495$3,323
14 years$8,737$7,562$6,524$5,613$4,817$2,779
15 years$8,070$6,908$5,890$5,006$4,241$2,333
16 years$7,487$6,338$5,340$4,482$3,749$1,964
17 years$6,974$5,837$4,860$4,027$3,324$1,658
18 years$6,518$5,393$4,436$3,629$2,955$1,402
19 years$6,110$4,999$4,061$3,279$2,634$1,187
20 years$5,744$4,645$3,727$2,970$2,353$1,007
21 years$5,413$4,327$3,428$2,696$2,106$855
22 years$5,112$4,039$3,160$2,451$1,887$727
23 years$4,838$3,777$2,917$2,232$1,694$618
24 years$4,587$3,539$2,698$2,036$1,523$526
25 years$4,357$3,321$2,499$1,859$1,370$448
26 years$4,145$3,121$2,318$1,700$1,234$382
27 years$3,949$2,938$2,152$1,556$1,113$326
28 years$3,767$2,768$2,001$1,426$1,004$278
29 years$3,598$2,611$1,862$1,307$907$237
30 years$3,440$2,466$1,734$1,200$819$202
31 years$3,293$2,331$1,617$1,102$741$173
32 years$3,156$2,206$1,508$1,013$670$147
33 years$3,027$2,089$1,408$931$606$126
34 years$2,905$1,980$1,316$857$549$107
35 years$2,791$1,878$1,230$789$497$92
36 years$2,684$1,782$1,151$726$451$78
37 years$2,583$1,693$1,077$669$408$67
38 years$2,487$1,609$1,009$617$370$57
39 years$2,396$1,530$945$569$336$49
40 years$2,310$1,456$886$525$304$42
41 years$2,229$1,386$831$484$276$36
42 years$2,152$1,320$779$447$251$30
43 years$2,078$1,257$731$412$227$26
44 years$2,008$1,198$686$381$206$22
45 years$1,941$1,143$644$352$187$19
46 years$1,878$1,090$605$325$170$16
47 years$1,817$1,040$569$300$155$14
48 years$1,759$993$534$277$140$12
49 years$1,703$948$502$256$127$10
50 years$1,650$906$472$237$116$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,690,000, adding $6,016 every year, while hoping to spend $38,130 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: 60/29/11 Blend
45$1,690,000$1,690,000$1,690,000$1,690,000
46$1,868,586$1,779,016$1,752,821$1,975,482
47$2,018,611$1,825,617$1,770,970$2,094,618
48$2,182,662$1,873,225$1,788,449$2,219,659
49$2,362,127$1,921,846$1,805,196$2,355,121
50$2,558,538$1,971,491$1,821,144$2,502,011
51$2,773,580$2,022,165$1,836,224$2,661,438
52$3,009,110$2,073,876$1,850,363$2,834,623
53$3,267,172$2,126,629$1,863,482$3,022,911
54$3,550,016$2,180,427$1,875,502$3,227,782
55$3,860,123$2,235,273$1,886,337$3,450,867
56$4,200,224$2,291,169$1,895,896$3,693,961
57$4,573,324$2,348,114$1,904,087$3,959,044
58$4,982,739$2,406,107$1,910,809$4,248,293
59$5,432,116$2,465,144$1,915,959$4,564,108
60$5,925,476$2,525,220$1,919,427$4,909,134
61$6,467,245$2,586,327$1,921,099$5,286,283
62$7,062,303$2,648,455$1,920,855$5,698,763
63$7,716,021$2,711,593$1,918,567$6,150,109
64$8,434,319$2,775,725$1,914,103$6,644,217
65$9,223,719$2,840,835$1,907,325$7,185,375
66$10,091,404$2,906,901$1,898,086$7,778,313
67$11,045,289$2,973,902$1,886,234$8,428,239
68$12,094,095$3,041,808$1,871,608$9,140,892
69$13,247,427$3,110,592$1,854,042$9,922,597
70$14,515,871$3,180,217$1,833,358$10,780,321
71$15,911,088$3,250,646$1,809,374$11,721,744
72$17,445,927$3,321,835$1,781,896$12,755,325
73$19,134,544$3,393,739$1,750,723$13,890,388
74$20,992,539$3,466,303$1,715,643$15,137,207
75$23,037,096$3,539,470$1,676,435$16,507,103
76$25,287,153$3,613,177$1,632,869$18,012,551
77$27,763,574$3,687,354$1,584,701$19,667,298
78$30,489,350$3,761,926$1,531,680$21,486,495
79$33,489,812$3,836,809$1,473,540$23,486,836
80$36,792,874$3,911,913$1,410,005$25,686,718
81$40,429,292$3,987,142$1,340,785$28,106,414
82$44,432,956$4,062,388$1,265,577$30,768,268
83$48,841,210$4,137,538$1,184,067$33,696,900
84$53,695,203$4,212,466$1,095,922$36,919,442
85$59,040,277$4,287,041$1,000,799$40,465,795
86$64,926,396$4,361,116$898,336$44,368,912
87$71,408,615$4,434,538$788,158$48,665,104
88$78,547,602$4,507,138$669,869$53,394,390
89$86,410,208$4,578,739$543,060$58,600,870
90$95,070,098$4,649,146$407,302$64,333,147
91$104,608,448$4,718,154$262,146$70,644,778
92$115,114,707$4,785,541$107,125$77,594,788
93$126,687,445$4,851,070$0$85,248,225
94$139,435,280$4,914,487$0$93,683,615
95$153,477,904$4,975,523$0$102,986,975
96$168,947,212$5,033,886$0$113,232,841
97$185,988,549$5,089,267$0$124,517,218
98$204,762,077$5,141,337$0$136,945,907
99$225,444,290$5,189,744$0$150,635,496
100$248,229,677$5,234,111$0$165,714,470