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

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 $1,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$139,559$138,316$137,103$135,919$134,763$133,189
2 years$69,088$67,802$66,555$65,346$64,173$62,589
3 years$45,601$44,309$43,065$41,868$40,714$39,169
4 years$33,860$32,572$31,341$30,163$29,037$27,543
5 years$26,817$25,537$24,322$23,168$22,074$20,635
6 years$22,124$20,853$19,655$18,528$17,466$16,084
7 years$18,772$17,512$16,334$15,233$14,205$12,880
8 years$16,260$15,011$13,852$12,778$11,784$10,517
9 years$14,307$13,070$11,931$10,884$9,924$8,714
10 years$12,745$11,520$10,402$9,382$8,456$7,301
11 years$11,469$10,256$9,157$8,166$7,272$6,173
12 years$10,405$9,205$8,127$7,162$6,302$5,256
13 years$9,507$8,319$7,261$6,323$5,495$4,502
14 years$8,737$7,562$6,524$5,613$4,817$3,875
15 years$8,070$6,908$5,890$5,006$4,241$3,349
16 years$7,487$6,338$5,340$4,482$3,749$2,904
17 years$6,974$5,837$4,860$4,027$3,324$2,526
18 years$6,518$5,393$4,436$3,629$2,955$2,202
19 years$6,110$4,999$4,061$3,279$2,634$1,924
20 years$5,744$4,645$3,727$2,970$2,353$1,684
21 years$5,413$4,327$3,428$2,696$2,106$1,477
22 years$5,112$4,039$3,160$2,451$1,887$1,296
23 years$4,838$3,777$2,917$2,232$1,694$1,139
24 years$4,587$3,539$2,698$2,036$1,523$1,002
25 years$4,357$3,321$2,499$1,859$1,370$883
26 years$4,145$3,121$2,318$1,700$1,234$778
27 years$3,949$2,938$2,152$1,556$1,113$686
28 years$3,767$2,768$2,001$1,426$1,004$606
29 years$3,598$2,611$1,862$1,307$907$535
30 years$3,440$2,466$1,734$1,200$819$472
31 years$3,293$2,331$1,617$1,102$741$417
32 years$3,156$2,206$1,508$1,013$670$369
33 years$3,027$2,089$1,408$931$606$326
34 years$2,905$1,980$1,316$857$549$289
35 years$2,791$1,878$1,230$789$497$255
36 years$2,684$1,782$1,151$726$451$226
37 years$2,583$1,693$1,077$669$408$200
38 years$2,487$1,609$1,009$617$370$177
39 years$2,396$1,530$945$569$336$157
40 years$2,310$1,456$886$525$304$139
41 years$2,229$1,386$831$484$276$123
42 years$2,152$1,320$779$447$251$109
43 years$2,078$1,257$731$412$227$97
44 years$2,008$1,198$686$381$206$86
45 years$1,941$1,143$644$352$187$76
46 years$1,878$1,090$605$325$170$67
47 years$1,817$1,040$569$300$155$60
48 years$1,759$993$534$277$140$53
49 years$1,703$948$502$256$127$47
50 years$1,650$906$472$237$116$41

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 $4,758 every year, while hoping to spend $58,759 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: 57/38/5 Blend
45$1,690,000$1,690,000$1,690,000$1,690,000
46$1,867,288$1,777,718$1,751,523$1,971,677
47$1,995,232$1,802,307$1,747,680$2,066,936
48$2,134,257$1,826,131$1,741,739$2,163,607
49$2,285,432$1,849,092$1,733,567$2,267,456
50$2,449,931$1,871,082$1,723,026$2,379,169
51$2,629,047$1,891,989$1,709,971$2,499,508
52$2,824,204$1,911,690$1,694,249$2,629,310
53$3,036,966$1,930,057$1,675,700$2,769,498
54$3,269,059$1,946,952$1,654,159$2,921,092
55$3,522,378$1,962,228$1,629,448$3,085,216
56$3,799,012$1,975,728$1,601,386$3,263,111
57$4,101,260$1,987,287$1,569,780$3,456,143
58$4,431,650$1,996,727$1,534,430$3,665,821
59$4,792,971$2,003,859$1,495,126$3,893,810
60$5,188,289$2,008,483$1,451,648$4,141,946
61$5,620,983$2,010,386$1,403,766$4,412,254
62$6,094,771$2,009,343$1,351,240$4,706,967
63$6,613,749$2,005,112$1,293,818$5,028,551
64$7,182,428$1,997,440$1,231,238$5,379,722
65$7,805,777$1,986,055$1,163,225$5,763,481
66$8,489,265$1,970,671$1,089,492$6,183,135
67$9,238,919$1,950,982$1,009,739$6,642,331
68$10,061,375$1,926,667$923,652$7,145,095
69$10,963,945$1,897,384$830,904$7,695,866
70$11,954,681$1,862,769$731,153$8,299,540
71$13,042,453$1,822,439$624,041$8,961,517
72$14,237,032$1,775,987$509,195$9,687,753
73$15,549,182$1,722,983$386,225$10,484,820
74$16,990,760$1,662,971$254,726$11,359,961
75$18,574,829$1,595,469$114,271$12,321,170
76$20,315,781$1,519,966$0$13,377,258
77$22,229,468$1,435,922$0$14,539,847
78$24,333,358$1,342,766$0$15,824,385
79$26,646,695$1,239,896$0$17,236,616
80$29,190,678$1,126,671$0$18,789,602
81$31,988,668$1,002,419$0$20,497,748
82$35,066,399$866,424$0$22,376,936
83$38,452,228$717,936$0$24,444,676
84$42,177,397$556,156$0$26,720,276
85$46,276,329$380,245$0$29,225,023
86$50,786,953$189,315$0$31,982,389
87$55,751,059$0$0$35,018,250
88$61,214,694$0$0$38,368,483
89$67,228,597$0$0$42,143,444
90$73,848,672$0$0$46,299,085
91$81,136,523$0$0$50,874,096
92$89,160,026$0$0$55,911,113
93$97,993,974$0$0$61,457,112
94$107,720,784$0$0$67,563,861
95$118,431,268$0$0$74,288,398
96$130,225,495$0$0$81,693,579
97$143,213,731$0$0$89,848,662
98$157,517,483$0$0$98,829,968
99$173,270,639$0$0$108,721,594
100$190,620,739$0$0$119,616,212