Can I retire at age 46 with 1,770,000?

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$146,165$144,863$143,593$142,353$141,142$138,747
2 years$72,359$71,011$69,705$68,439$67,211$64,805
3 years$47,760$46,407$45,104$43,849$42,641$40,300
4 years$35,463$34,114$32,824$31,591$30,412$28,153
5 years$28,087$26,746$25,473$24,265$23,119$20,949
6 years$23,171$21,840$20,586$19,405$18,293$16,214
7 years$19,661$18,341$17,107$15,954$14,877$12,890
8 years$17,030$15,722$14,508$13,383$12,342$10,447
9 years$14,984$13,689$12,496$11,400$10,394$8,589
10 years$13,349$12,066$10,894$9,827$8,856$7,140
11 years$12,012$10,741$9,591$8,552$7,616$5,988
12 years$10,898$9,641$8,512$7,501$6,600$5,057
13 years$9,957$8,713$7,605$6,623$5,756$4,295
14 years$9,150$7,920$6,833$5,879$5,045$3,664
15 years$8,452$7,235$6,169$5,243$4,442$3,139
16 years$7,842$6,638$5,593$4,694$3,926$2,698
17 years$7,304$6,113$5,090$4,218$3,481$2,325
18 years$6,826$5,649$4,646$3,801$3,095$2,008
19 years$6,399$5,235$4,253$3,435$2,759$1,738
20 years$6,016$4,865$3,904$3,111$2,464$1,506
21 years$5,669$4,531$3,590$2,823$2,205$1,308
22 years$5,354$4,230$3,309$2,567$1,977$1,137
23 years$5,067$3,956$3,055$2,338$1,774$989
24 years$4,805$3,707$2,826$2,132$1,595$862
25 years$4,563$3,478$2,617$1,947$1,435$751
26 years$4,341$3,269$2,427$1,780$1,293$655
27 years$4,135$3,077$2,254$1,630$1,166$572
28 years$3,945$2,899$2,095$1,493$1,052$499
29 years$3,768$2,735$1,950$1,369$950$436
30 years$3,603$2,583$1,816$1,257$858$381
31 years$3,449$2,442$1,693$1,154$776$333
32 years$3,305$2,310$1,580$1,061$702$292
33 years$3,170$2,188$1,475$975$635$255
34 years$3,043$2,074$1,378$897$575$223
35 years$2,924$1,967$1,289$826$521$195
36 years$2,811$1,867$1,205$761$472$171
37 years$2,705$1,773$1,128$701$428$150
38 years$2,605$1,685$1,057$646$388$131
39 years$2,510$1,602$990$596$352$115
40 years$2,420$1,524$928$550$319$101
41 years$2,335$1,451$870$507$289$88
42 years$2,253$1,382$816$468$263$77
43 years$2,176$1,317$766$432$238$68
44 years$2,103$1,255$719$399$216$59
45 years$2,033$1,197$675$368$196$52
46 years$1,966$1,142$634$340$178$45
47 years$1,903$1,090$596$314$162$40
48 years$1,842$1,040$560$290$147$35
49 years$1,784$993$526$268$134$31
50 years$1,728$949$495$248$121$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,770,000, adding $4,199 every year, while hoping to spend $41,828 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: 69/22/9 Blend
45$1,770,000$1,770,000$1,770,000$1,770,000
46$1,954,871$1,861,061$1,833,626$2,086,131
47$2,109,763$1,907,749$1,850,548$2,220,367
48$2,279,053$1,955,322$1,866,635$2,361,685
49$2,464,164$2,003,780$1,881,815$2,515,156
50$2,666,664$2,053,121$1,896,011$2,681,966
51$2,888,281$2,103,341$1,909,145$2,863,420
52$3,130,916$2,154,435$1,921,131$3,060,955
53$3,396,662$2,206,395$1,931,882$3,276,152
54$3,687,826$2,259,213$1,941,305$3,510,755
55$4,006,947$2,312,877$1,949,301$3,766,683
56$4,356,822$2,367,374$1,955,768$4,046,051
57$4,740,530$2,422,688$1,960,599$4,351,186
58$5,161,465$2,478,801$1,963,680$4,684,654
59$5,623,364$2,535,691$1,964,893$5,049,280
60$6,130,342$2,593,335$1,964,112$5,448,178
61$6,686,934$2,651,706$1,961,207$5,884,776
62$7,298,134$2,710,772$1,956,040$6,362,854
63$7,969,445$2,770,501$1,948,468$6,886,573
64$8,706,926$2,830,853$1,938,340$7,460,519
65$9,517,256$2,891,788$1,925,497$8,089,745
66$10,407,789$2,953,259$1,909,775$8,779,818
67$11,386,629$3,015,214$1,890,998$9,536,873
68$12,462,704$3,077,599$1,868,985$10,367,668
69$13,645,850$3,140,351$1,843,546$11,279,651
70$14,946,903$3,203,405$1,814,482$12,281,027
71$16,377,803$3,266,687$1,781,583$13,380,840
72$17,951,703$3,330,120$1,744,630$14,589,052
73$19,683,098$3,393,616$1,703,396$15,916,644
74$21,587,954$3,457,084$1,657,640$17,375,715
75$23,683,868$3,520,423$1,607,113$18,979,595
76$25,990,223$3,583,525$1,551,552$20,742,978
77$28,528,381$3,646,272$1,490,684$22,682,052
78$31,321,876$3,708,540$1,424,222$24,814,657
79$34,396,641$3,770,192$1,351,868$27,160,453
80$37,781,250$3,831,083$1,273,307$29,741,106
81$41,507,188$3,891,057$1,188,213$32,580,489
82$45,609,147$3,949,945$1,096,244$35,704,911
83$50,125,356$4,007,568$997,044$39,143,366
84$55,097,936$4,063,732$890,239$42,927,804
85$60,573,303$4,118,232$775,439$47,093,435
86$66,602,601$4,170,847$652,238$51,679,059
87$73,242,189$4,221,342$520,211$56,727,437
88$80,554,168$4,269,463$378,913$62,285,690
89$88,606,969$4,314,942$227,883$68,405,747
90$97,475,998$4,357,493$66,635$75,144,835
91$107,244,348$4,396,808$0$82,566,019
92$118,003,583$4,432,563$0$90,748,923
93$129,854,600$4,464,410$0$99,767,498
94$142,908,581$4,491,978$0$109,699,796
95$157,288,047$4,514,875$0$120,638,884
96$173,128,005$4,532,682$0$132,687,327
97$190,577,232$4,544,954$0$145,958,145
98$209,799,670$4,551,217$0$160,575,890
99$230,975,979$4,550,969$0$176,677,814
100$254,305,239$4,543,677$0$194,415,172