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

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$140,384$139,134$137,914$136,723$135,560$131,169
2 years$69,497$68,203$66,949$65,732$64,553$60,169
3 years$45,871$44,571$43,320$42,115$40,955$36,717
4 years$34,061$32,765$31,526$30,342$29,209$25,150
5 years$26,976$25,688$24,465$23,305$22,204$18,334
6 years$22,255$20,976$19,772$18,637$17,570$13,892
7 years$18,883$17,616$16,430$15,323$14,289$10,803
8 years$16,356$15,100$13,934$12,854$11,854$8,558
9 years$14,392$13,147$12,002$10,949$9,983$6,873
10 years$12,821$11,589$10,463$9,438$8,506$5,577
11 years$11,537$10,317$9,212$8,214$7,315$4,562
12 years$10,467$9,260$8,175$7,205$6,339$3,755
13 years$9,563$8,368$7,304$6,361$5,528$3,107
14 years$8,788$7,606$6,563$5,646$4,846$2,581
15 years$8,118$6,949$5,925$5,035$4,267$2,152
16 years$7,532$6,375$5,372$4,509$3,771$1,798
17 years$7,015$5,871$4,888$4,051$3,343$1,507
18 years$6,556$5,425$4,462$3,651$2,973$1,264
19 years$6,146$5,028$4,085$3,299$2,650$1,063
20 years$5,778$4,672$3,749$2,988$2,367$895
21 years$5,445$4,352$3,448$2,712$2,118$754
22 years$5,142$4,063$3,178$2,465$1,899$636
23 years$4,867$3,800$2,935$2,245$1,704$537
24 years$4,615$3,560$2,714$2,048$1,532$453
25 years$4,383$3,341$2,514$1,870$1,378$383
26 years$4,169$3,140$2,331$1,710$1,242$324
27 years$3,972$2,955$2,165$1,565$1,119$274
28 years$3,789$2,784$2,013$1,434$1,010$232
29 years$3,619$2,627$1,873$1,315$912$196
30 years$3,460$2,481$1,744$1,207$824$166
31 years$3,313$2,345$1,626$1,108$745$140
32 years$3,174$2,219$1,517$1,019$674$119
33 years$3,044$2,101$1,417$937$610$101
34 years$2,923$1,992$1,324$862$552$85
35 years$2,808$1,889$1,238$793$500$72
36 years$2,700$1,793$1,158$731$453$61
37 years$2,598$1,703$1,084$673$411$52
38 years$2,502$1,618$1,015$621$372$44
39 years$2,411$1,539$951$572$338$37
40 years$2,324$1,464$891$528$306$32
41 years$2,242$1,394$836$487$278$27
42 years$2,164$1,327$784$449$252$23
43 years$2,090$1,265$736$415$229$19
44 years$2,020$1,206$690$383$208$16
45 years$1,953$1,150$648$354$189$14
46 years$1,889$1,097$609$327$171$12
47 years$1,828$1,047$572$302$155$10
48 years$1,769$999$538$279$141$8
49 years$1,713$954$505$258$128$7
50 years$1,660$911$475$238$116$6

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 $6,725 every year, while hoping to spend $36,691 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: 61/21/18 Blend
45$1,700,000$1,700,000$1,700,000$1,700,000
46$1,880,337$1,790,237$1,763,887$1,985,962
47$2,033,092$1,838,920$1,783,938$2,106,713
48$2,200,199$1,888,758$1,803,431$2,233,747
49$2,383,082$1,939,770$1,822,309$2,371,534
50$2,583,311$1,991,973$1,840,511$2,521,120
51$2,802,614$2,045,385$1,857,973$2,683,660
52$3,042,893$2,100,021$1,874,628$2,860,424
53$3,306,245$2,155,899$1,890,404$3,052,812
54$3,594,977$2,213,033$1,905,228$3,262,364
55$3,911,632$2,271,439$1,919,021$3,490,778
56$4,259,010$2,331,131$1,931,700$3,739,924
57$4,640,195$2,392,123$1,943,178$4,011,863
58$5,058,584$2,454,426$1,953,363$4,308,863
59$5,517,919$2,518,052$1,962,160$4,633,426
60$6,022,321$2,583,012$1,969,467$4,988,305
61$6,576,333$2,649,314$1,975,179$5,376,536
62$7,184,955$2,716,967$1,979,184$5,801,461
63$7,853,699$2,785,976$1,981,365$6,266,766
64$8,588,634$2,856,347$1,981,599$6,776,508
65$9,396,450$2,928,083$1,979,758$7,335,162
66$10,284,514$3,001,185$1,975,705$7,947,655
67$11,260,943$3,075,652$1,969,300$8,619,417
68$12,334,682$3,151,482$1,960,394$9,356,433
69$13,515,583$3,228,668$1,948,831$10,165,296
70$14,814,503$3,307,203$1,934,448$11,053,272
71$16,243,404$3,387,078$1,917,073$12,028,368
72$17,815,464$3,468,277$1,896,528$13,099,407
73$19,545,204$3,550,785$1,872,624$14,276,111
74$21,448,623$3,634,582$1,845,165$15,569,195
75$23,543,349$3,719,643$1,813,945$16,990,465
76$25,848,807$3,805,942$1,778,749$18,552,934
77$28,386,399$3,893,447$1,739,351$20,270,939
78$31,179,708$3,982,122$1,695,514$22,160,281
79$34,254,717$4,071,925$1,646,994$24,238,373
80$37,640,060$4,162,811$1,593,530$26,524,404
81$41,367,286$4,254,729$1,534,853$29,039,521
82$45,471,159$4,347,620$1,470,680$31,807,029
83$49,989,986$4,441,422$1,400,716$34,852,609
84$54,965,977$4,536,065$1,324,653$38,204,564
85$60,445,646$4,631,471$1,242,168$41,894,083
86$66,480,244$4,727,556$1,152,923$45,955,539
87$73,126,250$4,824,226$1,056,567$50,426,811
88$80,445,896$4,921,382$952,731$55,349,643
89$88,507,761$5,018,913$841,030$60,770,040
90$97,387,411$5,116,699$721,064$66,738,698
91$107,168,120$5,214,610$592,412$73,311,488
92$117,941,648$5,312,505$454,637$80,549,982
93$129,809,110$5,410,232$307,281$88,522,033
94$142,881,932$5,507,626$149,868$97,302,419
95$157,282,899$5,604,509$0$106,973,547
96$173,147,315$5,700,691$0$117,629,713
97$190,624,281$5,795,965$0$129,398,463
98$209,878,100$5,890,109$0$142,361,381
99$231,089,828$5,982,886$0$156,640,123
100$254,458,983$6,074,040$0$172,368,754