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

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$145,339$144,045$142,781$141,549$140,345$136,952
2 years$71,950$70,610$69,311$68,052$66,831$63,433
3 years$47,490$46,144$44,849$43,602$42,400$39,104
4 years$35,263$33,921$32,639$31,413$30,240$27,070
5 years$27,928$26,595$25,329$24,128$22,988$19,954
6 years$23,040$21,716$20,470$19,295$18,190$15,294
7 years$19,550$18,237$17,010$15,864$14,793$12,036
8 years$16,933$15,633$14,426$13,308$12,272$9,653
9 years$14,900$13,611$12,425$11,335$10,335$7,851
10 years$13,273$11,998$10,833$9,771$8,806$6,455
11 years$11,944$10,681$9,537$8,504$7,573$5,352
12 years$10,836$9,586$8,464$7,459$6,563$4,467
13 years$9,900$8,663$7,562$6,585$5,723$3,749
14 years$9,099$7,875$6,794$5,846$5,017$3,160
15 years$8,404$7,194$6,134$5,213$4,417$2,673
16 years$7,797$6,600$5,562$4,668$3,904$2,268
17 years$7,263$6,078$5,061$4,194$3,461$1,929
18 years$6,788$5,617$4,620$3,780$3,078$1,645
19 years$6,363$5,206$4,229$3,415$2,743$1,405
20 years$5,982$4,837$3,881$3,093$2,450$1,201
21 years$5,637$4,506$3,570$2,807$2,193$1,029
22 years$5,324$4,206$3,290$2,552$1,966$882
23 years$5,039$3,934$3,038$2,325$1,764$757
24 years$4,777$3,686$2,810$2,120$1,586$650
25 years$4,538$3,459$2,602$1,936$1,427$558
26 years$4,316$3,251$2,414$1,770$1,285$480
27 years$4,112$3,059$2,241$1,620$1,159$413
28 years$3,923$2,883$2,084$1,485$1,046$355
29 years$3,747$2,720$1,939$1,361$944$306
30 years$3,583$2,568$1,806$1,250$853$263
31 years$3,429$2,428$1,684$1,148$771$227
32 years$3,286$2,297$1,571$1,055$698$196
33 years$3,152$2,176$1,467$970$631$168
34 years$3,026$2,062$1,370$892$572$145
35 years$2,907$1,956$1,281$821$518$125
36 years$2,795$1,856$1,199$757$469$108
37 years$2,690$1,763$1,122$697$425$93
38 years$2,590$1,676$1,051$642$386$80
39 years$2,496$1,593$984$592$350$69
40 years$2,406$1,516$923$546$317$60
41 years$2,321$1,443$865$504$288$51
42 years$2,241$1,374$811$465$261$44
43 years$2,164$1,309$761$429$237$38
44 years$2,091$1,248$715$397$215$33
45 years$2,022$1,190$671$366$195$28
46 years$1,955$1,135$630$338$177$25
47 years$1,892$1,083$592$313$161$21
48 years$1,832$1,034$557$289$146$18
49 years$1,774$988$523$267$133$16
50 years$1,718$944$492$247$121$14

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 $6,658 every year, while hoping to spend $29,532 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: 31/48/21 Blend
45$1,760,000$1,760,000$1,760,000$1,760,000
46$1,946,388$1,853,108$1,825,828$1,993,843
47$2,113,497$1,912,488$1,855,571$2,089,667
48$2,296,663$1,973,789$1,885,321$2,189,624
49$2,497,490$2,037,072$1,915,047$2,296,610
50$2,717,748$2,102,402$1,944,715$2,411,254
51$2,959,386$2,169,848$1,974,291$2,534,249
52$3,224,551$2,239,478$2,003,737$2,666,356
53$3,515,607$2,311,364$2,033,014$2,808,408
54$3,835,158$2,385,581$2,062,080$2,961,325
55$4,186,074$2,462,204$2,090,889$3,126,115
56$4,571,515$2,541,313$2,119,395$3,303,888
57$4,994,962$2,622,990$2,147,547$3,495,864
58$5,460,251$2,707,319$2,175,293$3,703,383
59$5,971,607$2,794,389$2,202,576$3,927,922
60$6,533,686$2,884,288$2,229,337$4,171,103
61$7,151,616$2,977,112$2,255,514$4,434,712
62$7,831,046$3,072,956$2,281,039$4,720,713
63$8,578,202$3,171,920$2,305,843$5,031,268
64$9,399,942$3,274,108$2,329,852$5,368,757
65$10,303,823$3,379,626$2,352,989$5,735,796
66$11,298,170$3,488,585$2,375,171$6,135,270
67$12,392,156$3,601,098$2,396,312$6,570,349
68$13,595,888$3,717,284$2,416,321$7,044,527
69$14,920,502$3,837,265$2,435,101$7,561,649
70$16,378,269$3,961,166$2,452,553$8,125,947
71$17,982,708$4,089,119$2,468,569$8,742,084
72$19,748,716$4,221,258$2,483,038$9,415,192
73$21,692,708$4,357,722$2,495,843$10,150,924
74$23,832,770$4,498,657$2,506,859$10,955,504
75$26,188,832$4,644,210$2,515,959$11,835,788
76$28,782,854$4,794,537$2,523,004$12,799,326
77$31,639,032$4,949,797$2,527,852$13,854,434
78$34,784,032$5,110,155$2,530,353$15,010,271
79$38,247,232$5,275,782$2,530,349$16,276,926
80$42,061,008$5,446,854$2,527,674$17,665,512
81$46,261,036$5,623,554$2,522,156$19,188,271
82$50,886,625$5,806,071$2,513,611$20,858,688
83$55,981,093$5,994,601$2,501,850$22,691,618
84$61,592,174$6,189,347$2,486,671$24,703,428
85$67,772,467$6,390,516$2,467,866$26,912,145
86$74,579,934$6,598,326$2,445,215$29,337,632
87$82,078,444$6,813,002$2,418,487$32,001,772
88$90,338,381$7,034,774$2,387,441$34,928,673
89$99,437,301$7,263,883$2,351,826$38,144,896
90$109,460,669$7,500,577$2,311,375$41,679,707
91$120,502,665$7,745,113$2,265,814$45,565,348
92$132,667,070$7,997,757$2,214,853$49,837,343
93$146,068,249$8,258,784$2,158,187$54,534,837
94$160,832,225$8,528,480$2,095,502$59,700,955
95$177,097,875$8,807,138$2,026,464$65,383,217
96$195,018,236$9,095,065$1,950,728$71,633,983
97$214,761,949$9,392,576$1,867,930$78,510,944
98$236,514,854$9,699,999$1,777,692$86,077,670
99$260,481,742$10,017,671$1,679,618$94,404,207
100$286,888,287$10,345,945$1,573,292$103,567,735