Can I retire at age 46 with 1,750,000?

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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$144,513$143,226$141,970$140,744$139,547$134,329
2 years$71,541$70,209$68,918$67,666$66,451$61,254
3 years$47,220$45,882$44,594$43,354$42,159$37,146
4 years$35,062$33,728$32,453$31,234$30,068$25,277
5 years$27,769$26,443$25,185$23,991$22,858$18,301
6 years$22,909$21,593$20,353$19,186$18,086$13,768
7 years$19,439$18,134$16,914$15,774$14,709$10,628
8 years$16,837$15,544$14,344$13,232$12,203$8,354
9 years$14,815$13,534$12,355$11,271$10,276$6,656
10 years$13,198$11,929$10,771$9,716$8,756$5,357
11 years$11,876$10,620$9,483$8,455$7,530$4,345
12 years$10,775$9,532$8,416$7,417$6,526$3,546
13 years$9,844$8,614$7,519$6,548$5,691$2,908
14 years$9,047$7,830$6,756$5,812$4,988$2,394
15 years$8,357$7,153$6,099$5,184$4,392$1,977
16 years$7,753$6,563$5,530$4,641$3,882$1,637
17 years$7,221$6,044$5,032$4,170$3,442$1,358
18 years$6,749$5,585$4,594$3,758$3,060$1,129
19 years$6,327$5,176$4,205$3,396$2,728$940
20 years$5,948$4,810$3,859$3,076$2,436$783
21 years$5,605$4,480$3,550$2,791$2,180$653
22 years$5,294$4,182$3,272$2,538$1,954$545
23 years$5,010$3,911$3,021$2,311$1,754$456
24 years$4,750$3,665$2,794$2,108$1,577$381
25 years$4,512$3,439$2,588$1,925$1,419$318
26 years$4,292$3,232$2,400$1,760$1,278$266
27 years$4,089$3,042$2,229$1,611$1,152$223
28 years$3,900$2,866$2,072$1,476$1,040$187
29 years$3,725$2,704$1,928$1,354$939$156
30 years$3,562$2,554$1,796$1,242$848$131
31 years$3,410$2,414$1,674$1,141$767$110
32 years$3,268$2,284$1,562$1,049$694$92
33 years$3,134$2,163$1,458$964$628$77
34 years$3,009$2,050$1,363$887$568$64
35 years$2,891$1,945$1,274$817$515$54
36 years$2,779$1,846$1,192$752$467$45
37 years$2,674$1,753$1,116$693$423$38
38 years$2,575$1,666$1,045$639$383$32
39 years$2,481$1,584$979$589$348$27
40 years$2,393$1,507$917$543$315$22
41 years$2,308$1,435$860$501$286$19
42 years$2,228$1,366$807$463$260$16
43 years$2,152$1,302$757$427$236$13
44 years$2,079$1,241$711$394$214$11
45 years$2,010$1,183$667$364$194$9
46 years$1,944$1,129$627$336$176$8
47 years$1,881$1,077$589$311$160$6
48 years$1,821$1,028$553$287$145$5
49 years$1,764$982$520$265$132$5
50 years$1,709$938$489$245$120$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,750,000, adding $6,865 every year, while hoping to spend $48,470 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: 81/7/12 Blend
45$1,750,000$1,750,000$1,750,000$1,750,000
46$1,935,581$1,842,831$1,815,706$2,087,604
47$2,081,439$1,881,558$1,824,961$2,227,073
48$2,240,549$1,920,558$1,832,901$2,373,094
49$2,414,214$1,959,794$1,839,431$2,531,951
50$2,603,863$1,999,223$1,844,452$2,704,910
51$2,811,074$2,038,802$1,847,857$2,893,360
52$3,037,581$2,078,481$1,849,538$3,098,832
53$3,285,295$2,118,207$1,849,378$3,323,015
54$3,556,319$2,157,923$1,847,257$3,567,766
55$3,852,969$2,197,567$1,843,045$3,835,132
56$4,177,795$2,237,071$1,836,611$4,127,369
57$4,533,606$2,276,364$1,827,813$4,446,960
58$4,923,495$2,315,366$1,816,506$4,796,644
59$5,350,867$2,353,995$1,802,534$5,179,434
60$5,819,474$2,392,160$1,785,738$5,598,654
61$6,333,448$2,429,763$1,765,948$6,057,964
62$6,897,340$2,466,701$1,742,987$6,561,395
63$7,516,161$2,502,863$1,716,670$7,113,392
64$8,195,434$2,538,128$1,686,803$7,718,851
65$8,941,241$2,572,368$1,653,183$8,383,165
66$9,760,281$2,605,448$1,615,598$9,112,280
67$10,659,935$2,637,220$1,573,826$9,912,745
68$11,648,333$2,667,528$1,527,633$10,791,778
69$12,734,431$2,696,205$1,476,778$11,757,330
70$13,928,097$2,723,074$1,421,004$12,818,166
71$15,240,202$2,747,943$1,360,047$13,983,942
72$16,682,723$2,770,612$1,293,628$15,265,300
73$18,268,852$2,790,864$1,221,457$16,673,965
74$20,013,129$2,808,470$1,143,229$18,222,860
75$21,931,569$2,823,186$1,058,628$19,926,224
76$24,041,818$2,834,751$967,321$21,799,749
77$26,363,319$2,842,890$868,962$23,860,726
78$28,917,495$2,847,308$763,189$26,128,212
79$31,727,947$2,847,695$649,624$28,623,204
80$34,820,683$2,843,717$527,872$31,368,845
81$38,224,357$2,835,024$397,520$34,390,636
82$41,970,543$2,821,241$258,139$37,716,678
83$46,094,030$2,801,974$109,278$41,377,942
84$50,633,152$2,776,801$0$45,408,555
85$55,630,145$2,745,276$0$49,852,476
86$61,131,553$2,706,928$0$54,760,148
87$67,188,660$2,661,255$0$60,163,304
88$73,857,974$2,607,728$0$66,112,346
89$81,201,765$2,545,784$0$72,662,815
90$89,288,646$2,474,828$0$79,875,914
91$98,194,224$2,394,231$0$87,819,084
92$108,001,813$2,303,327$0$96,566,642
93$118,803,217$2,201,408$0$106,200,485
94$130,699,598$2,087,731$0$116,810,856
95$143,802,432$1,961,504$0$128,497,201
96$158,234,556$1,821,894$0$141,369,108
97$174,131,331$1,668,017$0$155,547,336
98$191,641,918$1,498,941$0$171,164,961
99$210,930,685$1,313,681$0$188,368,628
100$232,178,756$1,111,193$0$207,319,937