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%19.3%
1 years$145,339$144,045$142,781$141,549$140,345$135,097
2 years$71,950$70,610$69,311$68,052$66,831$61,604
3 years$47,490$46,144$44,849$43,602$42,400$37,358
4 years$35,263$33,921$32,639$31,413$30,240$25,422
5 years$27,928$26,595$25,329$24,128$22,988$18,406
6 years$23,040$21,716$20,470$19,295$18,190$13,847
7 years$19,550$18,237$17,010$15,864$14,793$10,689
8 years$16,933$15,633$14,426$13,308$12,272$8,402
9 years$14,900$13,611$12,425$11,335$10,335$6,694
10 years$13,273$11,998$10,833$9,771$8,806$5,387
11 years$11,944$10,681$9,537$8,504$7,573$4,370
12 years$10,836$9,586$8,464$7,459$6,563$3,566
13 years$9,900$8,663$7,562$6,585$5,723$2,924
14 years$9,099$7,875$6,794$5,846$5,017$2,408
15 years$8,404$7,194$6,134$5,213$4,417$1,988
16 years$7,797$6,600$5,562$4,668$3,904$1,646
17 years$7,263$6,078$5,061$4,194$3,461$1,366
18 years$6,788$5,617$4,620$3,780$3,078$1,136
19 years$6,363$5,206$4,229$3,415$2,743$945
20 years$5,982$4,837$3,881$3,093$2,450$788
21 years$5,637$4,506$3,570$2,807$2,193$657
22 years$5,324$4,206$3,290$2,552$1,966$548
23 years$5,039$3,934$3,038$2,325$1,764$458
24 years$4,777$3,686$2,810$2,120$1,586$383
25 years$4,538$3,459$2,602$1,936$1,427$320
26 years$4,316$3,251$2,414$1,770$1,285$268
27 years$4,112$3,059$2,241$1,620$1,159$224
28 years$3,923$2,883$2,084$1,485$1,046$188
29 years$3,747$2,720$1,939$1,361$944$157
30 years$3,583$2,568$1,806$1,250$853$132
31 years$3,429$2,428$1,684$1,148$771$110
32 years$3,286$2,297$1,571$1,055$698$92
33 years$3,152$2,176$1,467$970$631$77
34 years$3,026$2,062$1,370$892$572$65
35 years$2,907$1,956$1,281$821$518$54
36 years$2,795$1,856$1,199$757$469$45
37 years$2,690$1,763$1,122$697$425$38
38 years$2,590$1,676$1,051$642$386$32
39 years$2,496$1,593$984$592$350$27
40 years$2,406$1,516$923$546$317$22
41 years$2,321$1,443$865$504$288$19
42 years$2,241$1,374$811$465$261$16
43 years$2,164$1,309$761$429$237$13
44 years$2,091$1,248$715$397$215$11
45 years$2,022$1,190$671$366$195$9
46 years$1,955$1,135$630$338$177$8
47 years$1,892$1,083$592$313$161$7
48 years$1,832$1,034$557$289$146$5
49 years$1,774$988$523$267$133$5
50 years$1,718$944$492$247$121$4

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 $3,348 every year, while hoping to spend $44,816 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: 40/33/27 Blend
45$1,760,000$1,760,000$1,760,000$1,760,000
46$1,942,973$1,849,693$1,822,413$2,005,078
47$2,093,473$1,892,645$1,835,780$2,093,393
48$2,257,821$1,936,198$1,848,093$2,184,449
49$2,437,384$1,980,337$1,859,269$2,282,101
50$2,633,663$2,025,040$1,869,221$2,386,978
51$2,848,315$2,070,285$1,877,858$2,499,778
52$3,083,161$2,116,046$1,885,084$2,621,268
53$3,340,207$2,162,296$1,890,798$2,752,295
54$3,621,662$2,209,003$1,894,894$2,893,791
55$3,929,960$2,256,132$1,897,261$3,046,787
56$4,267,779$2,303,646$1,897,782$3,212,418
57$4,638,070$2,351,502$1,896,336$3,391,936
58$5,044,083$2,399,655$1,892,792$3,586,722
59$5,489,395$2,448,055$1,887,017$3,798,298
60$5,977,951$2,496,647$1,878,870$4,028,345
61$6,514,091$2,545,372$1,868,201$4,278,714
62$7,102,599$2,594,165$1,854,856$4,551,449
63$7,748,743$2,642,958$1,838,673$4,848,802
64$8,458,327$2,691,675$1,819,480$5,173,258
65$9,237,743$2,740,234$1,797,099$5,527,557
66$10,094,035$2,788,547$1,771,344$5,914,721
67$11,034,960$2,836,520$1,742,018$6,338,084
68$12,069,068$2,884,051$1,708,917$6,801,319
69$13,205,773$2,931,030$1,671,826$7,308,482
70$14,455,450$2,977,339$1,630,521$7,864,040
71$15,829,529$3,022,852$1,584,767$8,472,925
72$17,340,603$3,067,433$1,534,318$9,140,570
73$19,002,544$3,110,937$1,478,917$9,872,969
74$20,830,639$3,153,208$1,418,297$10,676,733
75$22,841,730$3,194,081$1,352,175$11,559,149
76$25,054,372$3,233,377$1,280,259$12,528,253
77$27,489,012$3,270,906$1,202,242$13,592,907
78$30,168,177$3,306,466$1,117,802$14,762,882
79$33,116,687$3,339,840$1,026,605$16,048,950
80$36,361,894$3,370,796$928,301$17,462,989
81$39,933,932$3,399,090$822,524$19,018,097
82$43,866,006$3,424,458$708,891$20,728,713
83$48,194,704$3,446,622$587,005$22,610,758
84$52,960,342$3,465,285$456,447$24,681,783
85$58,207,343$3,480,130$316,784$26,961,140
86$63,984,657$3,490,822$167,562$29,470,163
87$70,346,223$3,497,002$8,305$32,232,374
88$77,351,474$3,498,292$0$35,273,700
89$85,065,904$3,494,289$0$38,669,299
90$93,561,681$3,484,563$0$42,409,693
91$102,918,327$3,468,661$0$46,527,384
92$113,223,471$3,446,100$0$51,060,829
93$124,573,676$3,416,370$0$56,052,415
94$137,075,345$3,378,927$0$61,548,857
95$150,845,733$3,333,196$0$67,601,639
96$166,014,044$3,278,570$0$74,267,502
97$182,722,658$3,214,400$0$81,608,983
98$201,128,468$3,140,005$0$89,695,002
99$221,404,366$3,054,660$0$98,601,518
100$243,740,870$2,957,597$0$108,412,244