Can I retire at age 46 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$142,862$141,589$140,348$139,136$137,953$136,172
2 years$70,724$69,406$68,130$66,892$65,692$63,901
3 years$46,681$45,358$44,085$42,859$41,678$39,931
4 years$34,662$33,343$32,082$30,877$29,725$28,037
5 years$27,452$26,141$24,897$23,717$22,596$20,972
6 years$22,647$21,346$20,121$18,966$17,880$16,320
7 years$19,217$17,927$16,720$15,593$14,541$13,047
8 years$16,645$15,366$14,180$13,081$12,063$10,635
9 years$14,646$13,379$12,213$11,142$10,159$8,796
10 years$13,047$11,793$10,648$9,604$8,656$7,357
11 years$11,740$10,499$9,374$8,359$7,444$6,208
12 years$10,652$9,423$8,319$7,332$6,451$5,276
13 years$9,732$8,516$7,433$6,473$5,626$4,511
14 years$8,943$7,741$6,678$5,746$4,931$3,875
15 years$8,261$7,071$6,030$5,124$4,342$3,342
16 years$7,665$6,488$5,467$4,588$3,837$2,892
17 years$7,139$5,975$4,975$4,123$3,402$2,510
18 years$6,672$5,521$4,541$3,715$3,025$2,184
19 years$6,255$5,117$4,157$3,357$2,697$1,904
20 years$5,880$4,755$3,815$3,040$2,409$1,663
21 years$5,541$4,429$3,509$2,759$2,155$1,454
22 years$5,233$4,134$3,234$2,509$1,932$1,274
23 years$4,953$3,867$2,986$2,285$1,734$1,117
24 years$4,696$3,623$2,762$2,084$1,559$981
25 years$4,460$3,400$2,558$1,903$1,403$862
26 years$4,243$3,195$2,372$1,740$1,264$758
27 years$4,042$3,007$2,203$1,593$1,139$667
28 years$3,856$2,834$2,048$1,459$1,028$587
29 years$3,683$2,673$1,906$1,338$928$517
30 years$3,522$2,525$1,775$1,228$839$455
31 years$3,371$2,387$1,655$1,128$758$402
32 years$3,230$2,258$1,544$1,037$686$354
33 years$3,098$2,139$1,442$953$621$312
34 years$2,974$2,027$1,347$877$562$276
35 years$2,858$1,922$1,259$807$509$243
36 years$2,748$1,825$1,178$744$461$215
37 years$2,644$1,733$1,103$685$418$190
38 years$2,546$1,647$1,033$632$379$167
39 years$2,453$1,566$968$582$344$148
40 years$2,365$1,490$907$537$312$131
41 years$2,282$1,418$850$496$283$115
42 years$2,203$1,351$798$457$257$102
43 years$2,127$1,287$748$422$233$90
44 years$2,055$1,227$703$390$211$80
45 years$1,987$1,170$660$360$192$70
46 years$1,922$1,116$620$333$174$62
47 years$1,860$1,065$582$307$158$55
48 years$1,800$1,017$547$284$144$49
49 years$1,743$971$514$262$130$43
50 years$1,689$927$483$242$119$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,730,000, adding $4,132 every year, while hoping to spend $53,132 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: 46/39/15 Blend
45$1,730,000$1,730,000$1,730,000$1,730,000
46$1,910,722$1,819,032$1,792,217$1,990,303
47$2,049,084$1,851,633$1,795,724$2,078,642
48$2,199,778$1,884,050$1,797,568$2,168,706
49$2,364,005$1,916,219$1,797,637$2,265,258
50$2,543,089$1,948,069$1,795,814$2,368,922
51$2,738,486$1,979,526$1,791,975$2,480,385
52$2,951,797$2,010,508$1,785,991$2,600,407
53$3,184,786$2,040,928$1,777,728$2,729,826
54$3,439,395$2,070,695$1,767,042$2,869,566
55$3,717,761$2,099,707$1,753,787$3,020,647
56$4,022,239$2,127,859$1,737,805$3,184,195
57$4,355,419$2,155,036$1,718,933$3,361,451
58$4,720,156$2,181,116$1,697,001$3,553,785
59$5,119,590$2,205,970$1,671,829$3,762,711
60$5,557,184$2,229,458$1,643,231$3,989,895
61$6,036,747$2,251,431$1,611,009$4,237,179
62$6,562,476$2,271,733$1,574,959$4,506,593
63$7,138,995$2,290,193$1,534,866$4,800,381
64$7,771,393$2,306,634$1,490,505$5,121,012
65$8,465,278$2,320,862$1,441,641$5,471,217
66$9,226,828$2,332,676$1,388,027$5,854,005
67$10,062,846$2,341,859$1,329,408$6,272,697
68$10,980,827$2,348,180$1,265,513$6,730,955
69$11,989,026$2,351,396$1,196,062$7,232,823
70$13,096,538$2,351,245$1,120,762$7,782,759
71$14,313,383$2,347,454$1,039,305$8,385,681
72$15,650,597$2,339,728$951,371$9,047,015
73$17,120,340$2,327,757$856,624$9,772,746
74$18,736,008$2,311,211$754,714$10,569,476
75$20,512,361$2,289,740$645,277$11,444,488
76$22,465,657$2,262,973$527,930$12,405,812
77$24,613,813$2,230,517$402,274$13,462,309
78$26,976,565$2,191,956$267,894$14,623,748
79$29,575,661$2,146,848$124,354$15,900,906
80$32,435,060$2,094,725$0$17,305,667
81$35,581,162$2,035,093$0$18,855,753
82$39,043,055$1,967,427$0$20,582,544
83$42,852,789$1,891,173$0$22,482,135
84$47,045,676$1,805,743$0$24,572,187
85$51,660,628$1,710,518$0$26,872,170
86$56,740,519$1,604,839$0$29,403,548
87$62,332,589$1,488,014$0$32,189,984
88$68,488,893$1,359,307$0$35,257,566
89$75,266,790$1,217,942$0$38,635,050
90$82,729,480$1,063,099$0$42,354,139
91$90,946,608$893,912$0$46,449,782
92$99,994,912$709,464$0$50,960,504
93$109,958,954$508,788$0$55,928,773
94$120,931,911$290,863$0$61,401,407
95$133,016,461$54,609$0$67,430,010
96$146,325,743$0$0$74,071,471
97$160,984,432$0$0$81,474,805
98$177,129,912$0$0$89,655,132
99$194,913,571$0$0$98,665,754
100$214,502,230$0$0$108,591,232