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%14.2%
1 years$144,513$143,226$141,970$140,744$139,547$137,123
2 years$71,541$70,209$68,918$67,666$66,451$64,016
3 years$47,220$45,882$44,594$43,354$42,159$39,790
4 years$35,062$33,728$32,453$31,234$30,068$27,783
5 years$27,769$26,443$25,185$23,991$22,858$20,662
6 years$22,909$21,593$20,353$19,186$18,086$15,984
7 years$19,439$18,134$16,914$15,774$14,709$12,700
8 years$16,837$15,544$14,344$13,232$12,203$10,287
9 years$14,815$13,534$12,355$11,271$10,276$8,452
10 years$13,198$11,929$10,771$9,716$8,756$7,022
11 years$11,876$10,620$9,483$8,455$7,530$5,885
12 years$10,775$9,532$8,416$7,417$6,526$4,967
13 years$9,844$8,614$7,519$6,548$5,691$4,216
14 years$9,047$7,830$6,756$5,812$4,988$3,595
15 years$8,357$7,153$6,099$5,184$4,392$3,077
16 years$7,753$6,563$5,530$4,641$3,882$2,642
17 years$7,221$6,044$5,032$4,170$3,442$2,275
18 years$6,749$5,585$4,594$3,758$3,060$1,964
19 years$6,327$5,176$4,205$3,396$2,728$1,698
20 years$5,948$4,810$3,859$3,076$2,436$1,471
21 years$5,605$4,480$3,550$2,791$2,180$1,276
22 years$5,294$4,182$3,272$2,538$1,954$1,109
23 years$5,010$3,911$3,021$2,311$1,754$964
24 years$4,750$3,665$2,794$2,108$1,577$839
25 years$4,512$3,439$2,588$1,925$1,419$731
26 years$4,292$3,232$2,400$1,760$1,278$637
27 years$4,089$3,042$2,229$1,611$1,152$555
28 years$3,900$2,866$2,072$1,476$1,040$485
29 years$3,725$2,704$1,928$1,354$939$423
30 years$3,562$2,554$1,796$1,242$848$369
31 years$3,410$2,414$1,674$1,141$767$323
32 years$3,268$2,284$1,562$1,049$694$282
33 years$3,134$2,163$1,458$964$628$247
34 years$3,009$2,050$1,363$887$568$216
35 years$2,891$1,945$1,274$817$515$188
36 years$2,779$1,846$1,192$752$467$165
37 years$2,674$1,753$1,116$693$423$144
38 years$2,575$1,666$1,045$639$383$126
39 years$2,481$1,584$979$589$348$110
40 years$2,393$1,507$917$543$315$97
41 years$2,308$1,435$860$501$286$85
42 years$2,228$1,366$807$463$260$74
43 years$2,152$1,302$757$427$236$65
44 years$2,079$1,241$711$394$214$57
45 years$2,010$1,183$667$364$194$50
46 years$1,944$1,129$627$336$176$43
47 years$1,881$1,077$589$311$160$38
48 years$1,821$1,028$553$287$145$33
49 years$1,764$982$520$265$132$29
50 years$1,709$938$489$245$120$26

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 $6,750 every year, while hoping to spend $55,870 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: 48/43/9 Blend
45$1,750,000$1,750,000$1,750,000$1,750,000
46$1,935,463$1,842,713$1,815,588$2,023,343
47$2,073,435$1,873,560$1,816,965$2,115,218
48$2,223,607$1,904,047$1,816,515$2,208,500
49$2,387,166$1,934,096$1,814,119$2,308,488
50$2,565,415$1,963,625$1,809,650$2,415,825
51$2,759,791$1,992,546$1,802,977$2,531,216
52$2,971,873$2,020,764$1,793,960$2,655,444
53$3,203,400$2,048,178$1,782,455$2,789,368
54$3,456,289$2,074,680$1,768,308$2,933,939
55$3,732,645$2,100,154$1,751,361$3,090,204
56$4,034,789$2,124,477$1,731,447$3,259,321
57$4,365,277$2,147,516$1,708,390$3,442,564
58$4,726,922$2,169,130$1,682,007$3,641,341
59$5,122,820$2,189,170$1,652,106$3,857,206
60$5,556,383$2,207,474$1,618,487$4,091,872
61$6,031,367$2,223,874$1,580,939$4,347,229
62$6,551,909$2,238,186$1,539,243$4,625,363
63$7,122,564$2,250,218$1,493,169$4,928,576
64$7,748,351$2,259,763$1,442,475$5,259,408
65$8,434,795$2,266,604$1,386,910$5,620,658
66$9,187,984$2,270,508$1,326,212$6,015,419
67$10,014,623$2,271,227$1,260,104$6,447,100
68$10,922,098$2,268,500$1,188,300$6,919,463
69$11,918,543$2,262,048$1,110,500$7,436,658
70$13,012,920$2,251,574$1,026,388$8,003,263
71$14,215,103$2,236,766$935,637$8,624,328
72$15,535,967$2,217,291$837,904$9,305,425
73$16,987,493$2,192,796$732,831$10,052,698
74$18,582,881$2,162,906$620,044$10,872,928
75$20,336,672$2,127,226$499,153$11,773,590
76$22,264,887$2,085,335$369,749$12,762,933
77$24,385,178$2,036,788$231,408$13,850,052
78$26,716,990$1,981,115$83,684$15,044,981
79$29,281,749$1,917,816$0$16,358,785
80$32,103,062$1,846,364$0$17,810,772
81$35,206,939$1,766,199$0$19,416,334
82$38,622,035$1,676,732$0$21,182,320
83$42,379,927$1,577,336$0$23,125,150
84$46,515,405$1,467,351$0$25,262,927
85$51,066,803$1,346,078$0$27,615,614
86$56,076,358$1,212,777$0$30,205,218
87$61,590,611$1,066,668$0$33,056,007
88$67,660,844$906,925$0$36,194,733
89$74,343,562$732,676$0$39,650,892
90$81,701,029$543,001$0$43,457,003
91$89,801,851$336,925$0$47,648,918
92$98,721,628$113,423$0$52,266,161
93$108,543,662$0$0$57,352,308
94$119,359,745$0$0$63,016,241
95$131,271,024$0$0$69,313,042
96$144,388,956$0$0$76,247,995
97$158,836,358$0$0$83,886,061
98$174,748,567$0$0$92,298,824
99$192,274,714$0$0$101,565,166
100$211,579,135$0$0$111,772,007