Can I retire at age 46 with 1,700,000?

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$140,384$139,134$137,914$136,723$135,560$133,150
2 years$69,497$68,203$66,949$65,732$64,553$62,133
3 years$45,871$44,571$43,320$42,115$40,955$38,600
4 years$34,061$32,765$31,526$30,342$29,209$26,939
5 years$26,976$25,688$24,465$23,305$22,204$20,024
6 years$22,255$20,976$19,772$18,637$17,570$15,482
7 years$18,883$17,616$16,430$15,323$14,289$12,294
8 years$16,356$15,100$13,934$12,854$11,854$9,952
9 years$14,392$13,147$12,002$10,949$9,983$8,173
10 years$12,821$11,589$10,463$9,438$8,506$6,786
11 years$11,537$10,317$9,212$8,214$7,315$5,683
12 years$10,467$9,260$8,175$7,205$6,339$4,793
13 years$9,563$8,368$7,304$6,361$5,528$4,066
14 years$8,788$7,606$6,563$5,646$4,846$3,464
15 years$8,118$6,949$5,925$5,035$4,267$2,964
16 years$7,532$6,375$5,372$4,509$3,771$2,543
17 years$7,015$5,871$4,888$4,051$3,343$2,188
18 years$6,556$5,425$4,462$3,651$2,973$1,888
19 years$6,146$5,028$4,085$3,299$2,650$1,631
20 years$5,778$4,672$3,749$2,988$2,367$1,412
21 years$5,445$4,352$3,448$2,712$2,118$1,224
22 years$5,142$4,063$3,178$2,465$1,899$1,062
23 years$4,867$3,800$2,935$2,245$1,704$923
24 years$4,615$3,560$2,714$2,048$1,532$803
25 years$4,383$3,341$2,514$1,870$1,378$699
26 years$4,169$3,140$2,331$1,710$1,242$608
27 years$3,972$2,955$2,165$1,565$1,119$530
28 years$3,789$2,784$2,013$1,434$1,010$462
29 years$3,619$2,627$1,873$1,315$912$403
30 years$3,460$2,481$1,744$1,207$824$352
31 years$3,313$2,345$1,626$1,108$745$307
32 years$3,174$2,219$1,517$1,019$674$268
33 years$3,044$2,101$1,417$937$610$234
34 years$2,923$1,992$1,324$862$552$205
35 years$2,808$1,889$1,238$793$500$179
36 years$2,700$1,793$1,158$731$453$156
37 years$2,598$1,703$1,084$673$411$136
38 years$2,502$1,618$1,015$621$372$119
39 years$2,411$1,539$951$572$338$104
40 years$2,324$1,464$891$528$306$91
41 years$2,242$1,394$836$487$278$80
42 years$2,164$1,327$784$449$252$70
43 years$2,090$1,265$736$415$229$61
44 years$2,020$1,206$690$383$208$53
45 years$1,953$1,150$648$354$189$47
46 years$1,889$1,097$609$327$171$41
47 years$1,828$1,047$572$302$155$36
48 years$1,769$999$538$279$141$31
49 years$1,713$954$505$258$128$27
50 years$1,660$911$475$238$116$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,700,000, adding $6,512 every year, while hoping to spend $46,996 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: 62/29/9 Blend
45$1,700,000$1,700,000$1,700,000$1,700,000
46$1,880,117$1,790,017$1,763,667$1,992,619
47$2,021,886$1,827,725$1,772,747$2,106,361
48$2,176,540$1,865,705$1,780,555$2,224,433
49$2,345,343$1,903,921$1,787,001$2,352,123
50$2,529,689$1,942,334$1,791,986$2,490,360
51$2,731,110$1,980,901$1,795,410$2,640,168
52$2,951,292$2,019,574$1,797,165$2,802,677
53$3,192,094$2,058,303$1,797,140$2,979,130
54$3,455,560$2,097,032$1,795,216$3,170,896
55$3,743,942$2,135,702$1,791,272$3,379,485
56$4,059,721$2,174,248$1,785,176$3,606,559
57$4,405,627$2,212,601$1,776,794$3,853,951
58$4,784,668$2,250,685$1,765,983$4,123,680
59$5,200,155$2,288,420$1,752,595$4,417,969
60$5,655,737$2,325,718$1,736,473$4,739,272
61$6,155,431$2,362,487$1,717,453$5,090,289
62$6,703,662$2,398,626$1,695,365$5,473,997
63$7,305,304$2,434,028$1,670,029$5,893,678
64$7,965,727$2,468,577$1,641,257$6,352,948
65$8,690,845$2,502,150$1,608,852$6,855,791
66$9,487,171$2,534,616$1,572,609$7,406,600
67$10,361,884$2,565,834$1,532,313$8,010,216
68$11,322,889$2,595,652$1,487,737$8,671,973
69$12,378,895$2,623,910$1,438,648$9,397,752
70$13,539,497$2,650,437$1,384,798$10,194,033
71$14,815,266$2,675,049$1,325,929$11,067,960
72$16,217,848$2,697,551$1,261,773$12,027,405
73$17,760,073$2,717,736$1,192,047$13,081,045
74$19,456,078$2,735,382$1,116,457$14,238,444
75$21,321,436$2,750,254$1,034,697$15,510,143
76$23,373,307$2,762,100$946,443$16,907,760
77$25,630,596$2,770,656$851,362$18,444,101
78$28,114,136$2,775,637$749,101$20,133,280
79$30,846,877$2,776,742$639,295$21,990,852
80$33,854,108$2,773,652$521,561$24,033,963
81$37,163,694$2,766,028$395,500$26,281,512
82$40,806,336$2,753,508$260,694$28,754,327
83$44,815,863$2,735,712$116,709$31,475,365
84$49,229,552$2,712,232$0$34,469,930
85$54,088,475$2,682,640$0$37,769,457
86$59,437,890$2,646,480$0$41,413,326
87$65,327,665$2,603,268$0$45,424,244
88$71,812,751$2,552,493$0$49,839,600
89$78,953,699$2,493,612$0$54,700,598
90$86,817,229$2,426,051$0$60,052,651
91$95,476,861$2,349,203$0$65,945,805
92$105,013,611$2,262,424$0$72,435,218
93$115,516,750$2,165,033$0$79,581,675
94$127,084,649$2,056,310$0$87,452,170
95$139,825,707$1,935,493$0$96,120,532
96$153,859,374$1,801,777$0$105,668,129
97$169,317,275$1,654,309$0$116,184,634
98$186,344,456$1,492,189$0$127,768,873
99$205,100,749$1,314,465$0$140,529,761
100$225,762,282$1,120,130$0$154,587,329