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%19.2%
1 years$142,862$141,589$140,348$139,136$137,953$132,847
2 years$70,724$69,406$68,130$66,892$65,692$60,605
3 years$46,681$45,358$44,085$42,859$41,678$36,770
4 years$34,662$33,343$32,082$30,877$29,725$25,035
5 years$27,452$26,141$24,897$23,717$22,596$18,135
6 years$22,647$21,346$20,121$18,966$17,880$13,651
7 years$19,217$17,927$16,720$15,593$14,541$10,543
8 years$16,645$15,366$14,180$13,081$12,063$8,293
9 years$14,646$13,379$12,213$11,142$10,159$6,611
10 years$13,047$11,793$10,648$9,604$8,656$5,324
11 years$11,740$10,499$9,374$8,359$7,444$4,321
12 years$10,652$9,423$8,319$7,332$6,451$3,529
13 years$9,732$8,516$7,433$6,473$5,626$2,896
14 years$8,943$7,741$6,678$5,746$4,931$2,386
15 years$8,261$7,071$6,030$5,124$4,342$1,972
16 years$7,665$6,488$5,467$4,588$3,837$1,634
17 years$7,139$5,975$4,975$4,123$3,402$1,357
18 years$6,672$5,521$4,541$3,715$3,025$1,128
19 years$6,255$5,117$4,157$3,357$2,697$940
20 years$5,880$4,755$3,815$3,040$2,409$784
21 years$5,541$4,429$3,509$2,759$2,155$654
22 years$5,233$4,134$3,234$2,509$1,932$547
23 years$4,953$3,867$2,986$2,285$1,734$457
24 years$4,696$3,623$2,762$2,084$1,559$382
25 years$4,460$3,400$2,558$1,903$1,403$320
26 years$4,243$3,195$2,372$1,740$1,264$268
27 years$4,042$3,007$2,203$1,593$1,139$224
28 years$3,856$2,834$2,048$1,459$1,028$188
29 years$3,683$2,673$1,906$1,338$928$158
30 years$3,522$2,525$1,775$1,228$839$132
31 years$3,371$2,387$1,655$1,128$758$111
32 years$3,230$2,258$1,544$1,037$686$93
33 years$3,098$2,139$1,442$953$621$78
34 years$2,974$2,027$1,347$877$562$65
35 years$2,858$1,922$1,259$807$509$55
36 years$2,748$1,825$1,178$744$461$46
37 years$2,644$1,733$1,103$685$418$38
38 years$2,546$1,647$1,033$632$379$32
39 years$2,453$1,566$968$582$344$27
40 years$2,365$1,490$907$537$312$23
41 years$2,282$1,418$850$496$283$19
42 years$2,203$1,351$798$457$257$16
43 years$2,127$1,287$748$422$233$13
44 years$2,055$1,227$703$390$211$11
45 years$1,987$1,170$660$360$192$9
46 years$1,922$1,116$620$333$174$8
47 years$1,860$1,065$582$307$158$7
48 years$1,800$1,017$547$284$144$6
49 years$1,743$971$514$262$130$5
50 years$1,689$927$483$242$119$4

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 $4,962 every year, while hoping to spend $21,205 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: 74/6/20 Blend
45$1,730,000$1,730,000$1,730,000$1,730,000
46$1,911,578$1,819,888$1,793,073$2,043,590
47$2,083,997$1,886,501$1,830,579$2,198,496
48$2,273,292$1,955,667$1,868,631$2,365,141
49$2,481,162$2,027,489$1,907,224$2,547,215
50$2,709,479$2,102,074$1,946,355$2,746,250
51$2,960,304$2,179,533$1,986,015$2,963,932
52$3,235,909$2,259,984$2,026,201$3,202,120
53$3,538,795$2,343,547$2,066,902$3,462,861
54$3,871,719$2,430,348$2,108,111$3,748,408
55$4,237,719$2,520,520$2,149,817$4,061,245
56$4,640,140$2,614,199$2,192,009$4,404,107
57$5,082,669$2,711,529$2,234,676$4,780,005
58$5,569,366$2,812,659$2,277,802$5,192,258
59$6,104,707$2,917,744$2,321,374$5,644,524
60$6,693,621$3,026,948$2,365,374$6,140,827
61$7,341,541$3,140,439$2,409,785$6,685,606
62$8,054,452$3,258,394$2,454,586$7,283,749
63$8,838,948$3,380,997$2,499,757$7,940,639
64$9,702,295$3,508,440$2,545,273$8,662,210
65$10,652,499$3,640,924$2,591,110$9,454,998
66$11,698,382$3,778,658$2,637,241$10,326,205
67$12,849,664$3,921,859$2,683,635$11,283,765
68$14,117,056$4,070,756$2,730,263$12,336,419
69$15,512,358$4,225,586$2,777,089$13,493,800
70$17,048,575$4,386,596$2,824,078$14,766,520
71$18,740,036$4,554,045$2,871,191$16,166,274
72$20,602,529$4,728,203$2,918,385$17,705,944
73$22,653,454$4,909,352$2,965,618$19,399,728
74$24,911,982$5,097,785$3,012,841$21,263,269
75$27,399,237$5,293,810$3,060,005$23,313,802
76$30,138,498$5,497,746$3,107,054$25,570,320
77$33,155,418$5,709,928$3,153,933$28,053,750
78$36,478,260$5,930,705$3,200,580$30,787,153
79$40,138,175$6,160,441$3,246,931$33,795,939
80$44,169,483$6,399,517$3,292,917$37,108,106
81$48,610,006$6,648,329$3,338,467$40,754,507
82$53,501,423$6,907,294$3,383,502$44,769,142
83$58,889,661$7,176,843$3,427,941$49,189,472
84$64,825,327$7,457,430$3,471,698$54,056,779
85$71,364,193$7,749,527$3,514,683$59,416,553
86$78,567,714$8,053,627$3,556,798$65,318,922
87$86,503,612$8,370,245$3,597,941$71,819,123
88$95,246,514$8,699,921$3,638,006$78,978,025
89$104,878,657$9,043,215$3,676,878$86,862,703
90$115,490,664$9,400,717$3,714,437$95,547,070
91$127,182,399$9,773,040$3,750,558$105,112,575
92$140,063,909$10,160,824$3,785,108$115,648,975
93$154,256,464$10,564,741$3,817,945$127,255,173
94$169,893,699$10,985,489$3,848,922$140,040,163
95$187,122,880$11,423,801$3,877,884$154,124,049
96$206,106,287$11,880,441$3,904,667$169,639,183
97$227,022,754$12,356,208$3,929,098$186,731,414
98$250,069,349$12,851,937$3,950,998$205,561,465
99$275,463,241$13,368,500$3,970,174$226,306,446
100$303,443,745$13,906,809$3,986,428$249,161,532