Can I retire at age 46 with 1,740,000?

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 $1,740,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$143,688$142,408$141,159$139,940$138,750$138,107
2 years$71,132$69,808$68,524$67,279$66,071$65,423
3 years$46,951$45,620$44,339$43,106$41,918$41,284
4 years$34,862$33,536$32,268$31,056$29,897$29,281
5 years$27,611$26,292$25,041$23,854$22,727$22,132
6 years$22,778$21,470$20,237$19,076$17,983$17,410
7 years$19,328$18,030$16,817$15,683$14,625$14,073
8 years$16,741$15,455$14,262$13,156$12,133$11,603
9 years$14,730$13,457$12,284$11,206$10,218$9,710
10 years$13,122$11,861$10,709$9,660$8,706$8,219
11 years$11,808$10,559$9,428$8,407$7,487$7,022
12 years$10,713$9,478$8,367$7,374$6,488$6,044
13 years$9,788$8,565$7,476$6,510$5,658$5,234
14 years$8,995$7,785$6,717$5,779$4,960$4,556
15 years$8,309$7,112$6,065$5,154$4,367$3,982
16 years$7,709$6,525$5,498$4,615$3,860$3,494
17 years$7,180$6,009$5,003$4,146$3,422$3,075
18 years$6,711$5,553$4,567$3,737$3,043$2,713
19 years$6,291$5,146$4,181$3,376$2,712$2,400
20 years$5,914$4,782$3,837$3,058$2,423$2,127
21 years$5,573$4,455$3,530$2,775$2,168$1,888
22 years$5,263$4,158$3,253$2,523$1,943$1,679
23 years$4,981$3,889$3,004$2,298$1,744$1,495
24 years$4,723$3,644$2,778$2,096$1,568$1,332
25 years$4,486$3,419$2,573$1,914$1,411$1,189
26 years$4,267$3,214$2,386$1,750$1,271$1,062
27 years$4,065$3,025$2,216$1,602$1,146$949
28 years$3,878$2,850$2,060$1,468$1,034$849
29 years$3,704$2,689$1,917$1,346$934$760
30 years$3,542$2,539$1,786$1,235$843$681
31 years$3,391$2,400$1,665$1,135$763$610
32 years$3,249$2,271$1,553$1,043$690$547
33 years$3,116$2,151$1,450$959$624$491
34 years$2,991$2,039$1,355$882$565$440
35 years$2,874$1,934$1,267$812$512$395
36 years$2,764$1,835$1,185$748$464$355
37 years$2,659$1,743$1,109$689$420$318
38 years$2,561$1,656$1,039$635$381$286
39 years$2,467$1,575$973$586$346$257
40 years$2,379$1,499$912$540$313$231
41 years$2,295$1,427$855$498$284$208
42 years$2,215$1,359$802$460$258$187
43 years$2,139$1,294$753$425$234$168
44 years$2,067$1,234$707$392$213$151
45 years$1,999$1,177$664$362$193$136
46 years$1,933$1,122$623$334$175$122
47 years$1,871$1,071$585$309$159$110
48 years$1,811$1,023$550$286$145$99
49 years$1,754$977$517$264$131$89
50 years$1,699$933$486$244$119$80

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,740,000, adding $2,747 every year, while hoping to spend $24,606 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: 67/11/22 Blend
45$1,740,000$1,740,000$1,740,000$1,740,000
46$1,920,314$1,828,094$1,801,124$2,038,080
47$2,090,005$1,891,490$1,835,281$2,180,804
48$2,276,180$1,957,167$1,869,757$2,333,749
49$2,480,495$2,025,212$1,904,538$2,500,432
50$2,704,772$2,095,714$1,939,607$2,682,204
51$2,951,020$2,168,766$1,974,945$2,880,557
52$3,221,452$2,244,463$2,010,534$3,097,130
53$3,518,505$2,322,907$2,046,351$3,333,729
54$3,844,864$2,404,201$2,082,376$3,592,345
55$4,203,486$2,488,454$2,118,582$3,875,168
56$4,597,632$2,575,778$2,154,944$4,184,611
57$5,030,890$2,666,291$2,191,435$4,523,333
58$5,507,216$2,760,114$2,228,023$4,894,260
59$6,030,967$2,857,375$2,264,677$5,300,617
60$6,606,945$2,958,205$2,301,362$5,745,957
61$7,240,437$3,062,741$2,338,042$6,234,193
62$7,937,273$3,171,127$2,374,678$6,769,634
63$8,703,873$3,283,510$2,411,228$7,357,030
64$9,547,312$3,400,046$2,447,648$8,001,613
65$10,475,384$3,520,894$2,483,890$8,709,144
66$11,496,679$3,646,223$2,519,906$9,485,974
67$12,620,658$3,776,207$2,555,641$10,339,098
68$13,857,751$3,911,026$2,591,040$11,276,222
69$15,219,444$4,050,869$2,626,043$12,305,838
70$16,718,399$4,195,933$2,660,587$13,437,302
71$18,368,565$4,346,423$2,694,605$14,680,922
72$20,185,311$4,502,550$2,728,027$16,048,054
73$22,185,575$4,664,537$2,760,778$17,551,212
74$24,388,018$4,832,614$2,792,779$19,204,184
75$26,813,205$5,007,022$2,823,947$21,022,163
76$29,483,797$5,188,010$2,854,193$23,021,888
77$32,424,761$5,375,840$2,883,426$25,221,804
78$35,663,613$5,570,782$2,911,547$27,642,236
79$39,230,670$5,773,119$2,938,452$30,305,577
80$43,159,343$5,983,147$2,964,035$33,236,506
81$47,486,445$6,201,170$2,988,179$36,462,212
82$52,252,544$6,427,509$3,010,765$40,012,658
83$57,502,344$6,662,497$3,031,666$43,920,861
84$63,285,104$6,906,481$3,050,748$48,223,201
85$69,655,108$7,159,822$3,067,872$52,959,766
86$76,672,173$7,422,897$3,082,889$58,174,734
87$84,402,214$7,696,098$3,095,645$63,916,781
88$92,917,867$7,979,834$3,105,976$70,239,550
89$102,299,176$8,274,533$3,113,713$77,202,148
90$112,634,345$8,580,638$3,118,675$84,869,712
91$124,020,571$8,898,612$3,120,674$93,314,018
92$136,564,964$9,228,939$3,119,512$102,614,159
93$150,385,556$9,572,123$3,114,981$112,857,295
94$165,612,414$9,928,687$3,106,863$124,139,470
95$182,388,868$10,299,181$3,094,931$136,566,523
96$200,872,866$10,684,175$3,078,945$150,255,084
97$221,238,463$11,084,263$3,058,654$165,333,677
98$243,677,462$11,500,068$3,033,795$181,943,930
99$268,401,229$11,932,237$3,004,093$200,241,916
100$295,642,682$12,381,445$2,969,258$220,399,620