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%18.2%
1 years$145,339$144,045$142,781$141,549$140,345$135,689
2 years$71,950$70,610$69,311$68,052$66,831$62,186
3 years$47,490$46,144$44,849$43,602$42,400$37,911
4 years$35,263$33,921$32,639$31,413$30,240$25,942
5 years$27,928$26,595$25,329$24,128$22,988$18,892
6 years$23,040$21,716$20,470$19,295$18,190$14,299
7 years$19,550$18,237$17,010$15,864$14,793$11,107
8 years$16,933$15,633$14,426$13,308$12,272$8,788
9 years$14,900$13,611$12,425$11,335$10,335$7,049
10 years$13,273$11,998$10,833$9,771$8,806$5,712
11 years$11,944$10,681$9,537$8,504$7,573$4,667
12 years$10,836$9,586$8,464$7,459$6,563$3,836
13 years$9,900$8,663$7,562$6,585$5,723$3,170
14 years$9,099$7,875$6,794$5,846$5,017$2,630
15 years$8,404$7,194$6,134$5,213$4,417$2,189
16 years$7,797$6,600$5,562$4,668$3,904$1,827
17 years$7,263$6,078$5,061$4,194$3,461$1,528
18 years$6,788$5,617$4,620$3,780$3,078$1,281
19 years$6,363$5,206$4,229$3,415$2,743$1,075
20 years$5,982$4,837$3,881$3,093$2,450$903
21 years$5,637$4,506$3,570$2,807$2,193$760
22 years$5,324$4,206$3,290$2,552$1,966$640
23 years$5,039$3,934$3,038$2,325$1,764$539
24 years$4,777$3,686$2,810$2,120$1,586$455
25 years$4,538$3,459$2,602$1,936$1,427$384
26 years$4,316$3,251$2,414$1,770$1,285$324
27 years$4,112$3,059$2,241$1,620$1,159$273
28 years$3,923$2,883$2,084$1,485$1,046$231
29 years$3,747$2,720$1,939$1,361$944$195
30 years$3,583$2,568$1,806$1,250$853$165
31 years$3,429$2,428$1,684$1,148$771$139
32 years$3,286$2,297$1,571$1,055$698$118
33 years$3,152$2,176$1,467$970$631$100
34 years$3,026$2,062$1,370$892$572$84
35 years$2,907$1,956$1,281$821$518$71
36 years$2,795$1,856$1,199$757$469$60
37 years$2,690$1,763$1,122$697$425$51
38 years$2,590$1,676$1,051$642$386$43
39 years$2,496$1,593$984$592$350$36
40 years$2,406$1,516$923$546$317$31
41 years$2,321$1,443$865$504$288$26
42 years$2,241$1,374$811$465$261$22
43 years$2,164$1,309$761$429$237$19
44 years$2,091$1,248$715$397$215$16
45 years$2,022$1,190$671$366$195$13
46 years$1,955$1,135$630$338$177$11
47 years$1,892$1,083$592$313$161$10
48 years$1,832$1,034$557$289$146$8
49 years$1,774$988$523$267$133$7
50 years$1,718$944$492$247$121$6

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 $5,627 every year, while hoping to spend $51,199 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: 39/42/19 Blend
45$1,760,000$1,760,000$1,760,000$1,760,000
46$1,945,324$1,852,044$1,824,764$2,009,968
47$2,089,272$1,888,319$1,831,419$2,093,144
48$2,246,186$1,924,655$1,836,580$2,177,720
49$2,417,336$1,961,002$1,840,144$2,268,108
50$2,604,117$1,997,304$1,842,001$2,364,864
51$2,808,067$2,033,502$1,842,038$2,468,598
52$3,030,877$2,069,530$1,840,133$2,579,986
53$3,274,409$2,105,320$1,836,161$2,699,774
54$3,540,715$2,140,797$1,829,989$2,828,783
55$3,832,052$2,175,881$1,821,477$2,967,922
56$4,150,907$2,210,484$1,810,482$3,118,192
57$4,500,016$2,244,514$1,796,850$3,280,700
58$4,882,394$2,277,872$1,780,421$3,456,665
59$5,301,361$2,310,450$1,761,028$3,647,435
60$5,760,573$2,342,136$1,738,495$3,854,497
61$6,264,057$2,372,805$1,712,640$4,079,491
62$6,816,246$2,402,329$1,683,270$4,324,228
63$7,422,027$2,430,567$1,650,183$4,590,707
64$8,086,779$2,457,370$1,613,170$4,881,133
65$8,816,429$2,482,579$1,572,009$5,197,939
66$9,617,504$2,506,025$1,526,470$5,543,813
67$10,497,195$2,527,526$1,476,313$5,921,717
68$11,463,424$2,546,890$1,421,284$6,334,921
69$12,524,917$2,563,911$1,361,121$6,787,035
70$13,691,287$2,578,371$1,295,547$7,282,038
71$14,973,125$2,590,038$1,224,275$7,824,325
72$16,382,099$2,598,665$1,147,003$8,418,742
73$17,931,062$2,603,988$1,063,416$9,070,636
74$19,634,175$2,605,729$973,186$9,785,905
75$21,507,042$2,603,591$875,969$10,571,058
76$23,566,852$2,597,258$771,405$11,433,274
77$25,832,545$2,586,398$659,121$12,380,471
78$28,324,987$2,570,654$538,724$13,421,385
79$31,067,170$2,549,650$409,806$14,565,651
80$34,084,426$2,522,988$271,939$15,823,897
81$37,404,668$2,490,244$124,679$17,207,846
82$41,058,648$2,450,970$0$18,730,427
83$45,080,254$2,404,691$0$20,412,481
84$49,506,822$2,350,904$0$22,290,555
85$54,379,494$2,289,075$0$24,356,790
86$59,743,603$2,218,640$0$26,630,422
87$65,649,099$2,139,001$0$29,132,653
88$72,151,022$2,049,528$0$31,886,860
89$79,310,022$1,949,550$0$34,918,814
90$87,192,927$1,838,361$0$38,256,922
91$95,873,377$1,715,211$0$41,932,505
92$105,432,515$1,579,311$0$45,980,086
93$115,959,758$1,429,823$0$50,437,724
94$127,553,633$1,265,864$0$55,347,376
95$140,322,711$1,086,499$0$60,755,291
96$154,386,632$890,742$0$66,712,450
97$169,877,229$677,549$0$73,275,053
98$186,939,777$445,819$0$80,505,051
99$205,734,359$194,389$0$88,470,729
100$226,437,380$0$0$97,247,362