Can I retire at age 46 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$145,339$144,045$142,781$141,549$140,345$138,077
2 years$71,950$70,610$69,311$68,052$66,831$64,552
3 years$47,490$46,144$44,849$43,602$42,400$40,182
4 years$35,263$33,921$32,639$31,413$30,240$28,099
5 years$27,928$26,595$25,329$24,128$22,988$20,930
6 years$23,040$21,716$20,470$19,295$18,190$16,218
7 years$19,550$18,237$17,010$15,864$14,793$12,907
8 years$16,933$15,633$14,426$13,308$12,272$10,473
9 years$14,900$13,611$12,425$11,335$10,335$8,621
10 years$13,273$11,998$10,833$9,771$8,806$7,175
11 years$11,944$10,681$9,537$8,504$7,573$6,025
12 years$10,836$9,586$8,464$7,459$6,563$5,094
13 years$9,900$8,663$7,562$6,585$5,723$4,332
14 years$9,099$7,875$6,794$5,846$5,017$3,702
15 years$8,404$7,194$6,134$5,213$4,417$3,175
16 years$7,797$6,600$5,562$4,668$3,904$2,733
17 years$7,263$6,078$5,061$4,194$3,461$2,358
18 years$6,788$5,617$4,620$3,780$3,078$2,040
19 years$6,363$5,206$4,229$3,415$2,743$1,768
20 years$5,982$4,837$3,881$3,093$2,450$1,535
21 years$5,637$4,506$3,570$2,807$2,193$1,335
22 years$5,324$4,206$3,290$2,552$1,966$1,162
23 years$5,039$3,934$3,038$2,325$1,764$1,013
24 years$4,777$3,686$2,810$2,120$1,586$883
25 years$4,538$3,459$2,602$1,936$1,427$771
26 years$4,316$3,251$2,414$1,770$1,285$674
27 years$4,112$3,059$2,241$1,620$1,159$589
28 years$3,923$2,883$2,084$1,485$1,046$515
29 years$3,747$2,720$1,939$1,361$944$451
30 years$3,583$2,568$1,806$1,250$853$395
31 years$3,429$2,428$1,684$1,148$771$346
32 years$3,286$2,297$1,571$1,055$698$303
33 years$3,152$2,176$1,467$970$631$265
34 years$3,026$2,062$1,370$892$572$233
35 years$2,907$1,956$1,281$821$518$204
36 years$2,795$1,856$1,199$757$469$179
37 years$2,690$1,763$1,122$697$425$157
38 years$2,590$1,676$1,051$642$386$138
39 years$2,496$1,593$984$592$350$121
40 years$2,406$1,516$923$546$317$106
41 years$2,321$1,443$865$504$288$93
42 years$2,241$1,374$811$465$261$81
43 years$2,164$1,309$761$429$237$71
44 years$2,091$1,248$715$397$215$63
45 years$2,022$1,190$671$366$195$55
46 years$1,955$1,135$630$338$177$48
47 years$1,892$1,083$592$313$161$42
48 years$1,832$1,034$557$289$146$37
49 years$1,774$988$523$267$133$33
50 years$1,718$944$492$247$121$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,760,000, adding $3,256 every year, while hoping to spend $55,802 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: 24/47/29 Blend
45$1,760,000$1,760,000$1,760,000$1,760,000
46$1,942,879$1,849,599$1,822,319$1,971,744
47$2,081,679$1,880,856$1,823,993$2,027,957
48$2,232,767$1,911,775$1,823,854$2,083,226
49$2,397,337$1,942,279$1,821,781$2,141,280
50$2,576,704$1,972,289$1,817,648$2,202,390
51$2,772,313$2,001,716$1,811,325$2,266,855
52$2,985,756$2,030,468$1,802,672$2,335,010
53$3,218,787$2,058,445$1,791,545$2,407,226
54$3,473,335$2,085,540$1,777,793$2,483,914
55$3,751,522$2,111,639$1,761,257$2,565,534
56$4,055,688$2,136,620$1,741,769$2,652,592
57$4,388,407$2,160,352$1,719,157$2,745,654
58$4,752,512$2,182,697$1,693,236$2,845,347
59$5,151,125$2,203,507$1,663,817$2,952,365
60$5,587,684$2,222,622$1,630,699$3,067,480
61$6,065,972$2,239,876$1,593,672$3,191,547
62$6,590,159$2,255,087$1,552,517$3,325,514
63$7,164,835$2,268,066$1,507,006$3,470,433
64$7,795,056$2,278,609$1,456,898$3,627,469
65$8,486,390$2,286,499$1,401,943$3,797,914
66$9,244,972$2,291,508$1,341,879$3,983,199
67$10,077,559$2,293,391$1,276,431$4,184,907
68$10,991,591$2,291,889$1,205,313$4,404,793
69$11,995,267$2,286,726$1,128,225$4,644,801
70$13,097,619$2,277,609$1,044,855$4,907,080
71$14,308,593$2,264,229$954,875$5,194,012
72$15,639,150$2,246,257$857,943$5,508,230
73$17,101,363$2,223,343$753,704$5,852,649
74$18,708,532$2,195,117$641,783$6,230,493
75$20,475,312$2,161,188$521,793$6,645,327
76$22,417,847$2,121,139$393,326$7,101,095
77$24,553,923$2,074,530$255,957$7,602,156
78$26,903,136$2,020,895$109,245$8,153,332
79$29,487,078$1,959,741$0$8,759,951
80$32,329,536$1,890,544$0$9,442,545
81$35,456,720$1,812,752$0$10,230,007
82$38,897,508$1,725,780$0$11,095,845
83$42,683,720$1,629,009$0$12,048,169
84$46,850,412$1,521,784$0$13,095,925
85$51,436,216$1,403,413$0$14,248,989
86$56,483,694$1,273,164$0$15,518,256
87$62,039,746$1,130,264$0$16,915,746
88$68,156,048$973,895$0$18,454,723
89$74,889,543$803,194$0$20,149,820
90$82,302,974$617,248$0$22,017,179
91$90,465,479$415,094$0$24,074,609
92$99,453,238$195,714$0$26,341,756
93$109,350,197$0$0$28,840,289
94$120,248,857$0$0$31,615,816
95$132,251,147$0$0$34,784,272
96$145,469,382$0$0$38,274,135
97$160,027,328$0$0$42,118,134
98$176,061,368$0$0$46,352,331
99$193,721,784$0$0$51,016,467
100$213,174,180$0$0$56,154,336