Can I retire at age 46 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$146,991$145,681$144,404$143,157$141,940$140,927
2 years$72,768$71,412$70,099$68,826$67,590$66,569
3 years$48,030$46,669$45,359$44,097$42,882$41,884
4 years$35,663$34,307$33,010$31,770$30,584$29,617
5 years$28,246$26,897$25,617$24,402$23,249$22,316
6 years$23,302$21,963$20,702$19,515$18,396$17,498
7 years$19,772$18,445$17,204$16,044$14,961$14,098
8 years$17,126$15,810$14,590$13,459$12,412$11,584
9 years$15,069$13,766$12,566$11,464$10,453$9,660
10 years$13,424$12,134$10,956$9,882$8,906$8,148
11 years$12,079$10,802$9,645$8,600$7,660$6,935
12 years$10,960$9,695$8,560$7,544$6,638$5,947
13 years$10,013$8,762$7,648$6,660$5,788$5,130
14 years$9,202$7,964$6,871$5,912$5,074$4,448
15 years$8,500$7,275$6,204$5,272$4,467$3,873
16 years$7,886$6,675$5,625$4,721$3,948$3,384
17 years$7,345$6,148$5,118$4,242$3,501$2,966
18 years$6,865$5,681$4,672$3,823$3,113$2,606
19 years$6,436$5,265$4,277$3,454$2,774$2,295
20 years$6,050$4,892$3,926$3,128$2,478$2,025
21 years$5,701$4,557$3,611$2,839$2,218$1,790
22 years$5,384$4,254$3,328$2,581$1,988$1,584
23 years$5,096$3,978$3,073$2,351$1,784$1,404
24 years$4,832$3,728$2,842$2,144$1,604$1,246
25 years$4,589$3,498$2,632$1,958$1,443$1,107
26 years$4,366$3,288$2,441$1,790$1,300$984
27 years$4,159$3,094$2,267$1,639$1,172$875
28 years$3,967$2,916$2,107$1,502$1,058$779
29 years$3,789$2,750$1,961$1,377$955$694
30 years$3,623$2,598$1,827$1,264$863$619
31 years$3,468$2,456$1,703$1,161$780$552
32 years$3,324$2,323$1,589$1,067$706$492
33 years$3,188$2,200$1,483$981$639$439
34 years$3,060$2,085$1,386$902$578$392
35 years$2,940$1,978$1,296$831$524$350
36 years$2,827$1,877$1,212$765$475$313
37 years$2,720$1,783$1,135$705$430$280
38 years$2,619$1,695$1,063$650$390$250
39 years$2,524$1,611$995$599$354$223
40 years$2,434$1,533$933$553$321$200
41 years$2,348$1,459$875$510$291$179
42 years$2,266$1,390$821$471$264$160
43 years$2,189$1,324$770$434$240$143
44 years$2,115$1,262$723$401$217$128
45 years$2,045$1,204$679$370$197$114
46 years$1,978$1,148$638$342$179$102
47 years$1,914$1,096$599$316$163$91
48 years$1,852$1,046$563$292$148$82
49 years$1,794$999$529$270$134$73
50 years$1,738$954$497$250$122$66

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,780,000, adding $6,588 every year, while hoping to spend $53,895 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: 42/46/12 Blend
45$1,780,000$1,780,000$1,780,000$1,780,000
46$1,968,356$1,874,016$1,846,426$2,043,843
47$2,111,784$1,908,498$1,850,937$2,131,878
48$2,268,036$1,942,865$1,853,793$2,221,260
49$2,438,362$1,977,052$1,854,882$2,316,855
50$2,624,139$2,010,992$1,854,085$2,419,252
51$2,826,884$2,044,613$1,851,279$2,529,103
52$3,048,263$2,077,836$1,846,334$2,647,127
53$3,290,114$2,110,578$1,839,114$2,774,115
54$3,554,458$2,142,748$1,829,477$2,910,943
55$3,843,521$2,174,251$1,817,272$3,058,576
56$4,159,753$2,204,982$1,802,344$3,218,080
57$4,505,852$2,234,831$1,784,527$3,390,628
58$4,884,791$2,263,680$1,763,651$3,577,518
59$5,299,841$2,291,401$1,739,534$3,780,182
60$5,754,605$2,317,860$1,711,989$4,000,198
61$6,253,051$2,342,912$1,680,817$4,239,310
62$6,799,551$2,366,403$1,645,813$4,499,439
63$7,398,918$2,388,169$1,606,760$4,782,709
64$8,056,452$2,408,035$1,563,432$5,091,461
65$8,777,996$2,425,813$1,515,592$5,428,278
66$9,569,979$2,441,306$1,462,992$5,796,011
67$10,439,489$2,454,302$1,405,374$6,197,807
68$11,394,330$2,464,576$1,342,467$6,637,134
69$12,443,100$2,471,889$1,273,989$7,117,823
70$13,595,271$2,475,986$1,199,642$7,644,099
71$14,861,278$2,476,598$1,119,119$8,220,622
72$16,252,614$2,473,438$1,032,095$8,852,534
73$17,781,944$2,466,200$938,234$9,545,509
74$19,463,221$2,454,562$837,183$10,305,803
75$21,311,815$2,438,181$728,574$11,140,322
76$23,344,660$2,416,692$612,022$12,056,678
77$25,580,416$2,389,710$487,125$13,063,274
78$28,039,638$2,356,826$353,463$14,169,374
79$30,744,977$2,317,606$210,600$15,385,198
80$33,721,387$2,271,591$58,078$16,722,018
81$36,996,364$2,218,295$0$18,192,267
82$40,600,204$2,157,202$0$19,823,061
83$44,566,288$2,087,768$0$21,624,926
84$48,931,394$2,009,414$0$23,607,162
85$53,736,052$1,921,530$0$25,788,231
86$59,024,914$1,823,470$0$28,188,490
87$64,847,186$1,714,550$0$30,830,381
88$71,257,083$1,594,048$0$33,738,650
89$78,314,349$1,461,199$0$36,940,578
90$86,084,810$1,315,196$0$40,466,242
91$94,641,003$1,155,183$0$44,348,804
92$104,062,858$980,260$0$48,624,822
93$114,438,449$789,472$0$53,334,599
94$125,864,828$581,813$0$58,522,569
95$138,448,937$356,218$0$64,237,716
96$152,308,621$111,566$0$70,534,041
97$167,573,737$0$0$77,471,072
98$184,387,377$0$0$85,192,050
99$202,907,225$0$0$93,759,058
100$223,307,035$0$0$103,196,039