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%19.4%
1 years$146,991$145,681$144,404$143,157$141,940$136,578
2 years$72,768$71,412$70,099$68,826$67,590$62,251
3 years$48,030$46,669$45,359$44,097$42,882$37,732
4 years$35,663$34,307$33,010$31,770$30,584$25,664
5 years$28,246$26,897$25,617$24,402$23,249$18,571
6 years$23,302$21,963$20,702$19,515$18,396$13,964
7 years$19,772$18,445$17,204$16,044$14,961$10,772
8 years$17,126$15,810$14,590$13,459$12,412$8,463
9 years$15,069$13,766$12,566$11,464$10,453$6,738
10 years$13,424$12,134$10,956$9,882$8,906$5,420
11 years$12,079$10,802$9,645$8,600$7,660$4,393
12 years$10,960$9,695$8,560$7,544$6,638$3,583
13 years$10,013$8,762$7,648$6,660$5,788$2,936
14 years$9,202$7,964$6,871$5,912$5,074$2,416
15 years$8,500$7,275$6,204$5,272$4,467$1,994
16 years$7,886$6,675$5,625$4,721$3,948$1,649
17 years$7,345$6,148$5,118$4,242$3,501$1,368
18 years$6,865$5,681$4,672$3,823$3,113$1,136
19 years$6,436$5,265$4,277$3,454$2,774$945
20 years$6,050$4,892$3,926$3,128$2,478$787
21 years$5,701$4,557$3,611$2,839$2,218$656
22 years$5,384$4,254$3,328$2,581$1,988$547
23 years$5,096$3,978$3,073$2,351$1,784$457
24 years$4,832$3,728$2,842$2,144$1,604$381
25 years$4,589$3,498$2,632$1,958$1,443$319
26 years$4,366$3,288$2,441$1,790$1,300$266
27 years$4,159$3,094$2,267$1,639$1,172$223
28 years$3,967$2,916$2,107$1,502$1,058$186
29 years$3,789$2,750$1,961$1,377$955$156
30 years$3,623$2,598$1,827$1,264$863$130
31 years$3,468$2,456$1,703$1,161$780$109
32 years$3,324$2,323$1,589$1,067$706$91
33 years$3,188$2,200$1,483$981$639$76
34 years$3,060$2,085$1,386$902$578$64
35 years$2,940$1,978$1,296$831$524$54
36 years$2,827$1,877$1,212$765$475$45
37 years$2,720$1,783$1,135$705$430$38
38 years$2,619$1,695$1,063$650$390$31
39 years$2,524$1,611$995$599$354$26
40 years$2,434$1,533$933$553$321$22
41 years$2,348$1,459$875$510$291$18
42 years$2,266$1,390$821$471$264$15
43 years$2,189$1,324$770$434$240$13
44 years$2,115$1,262$723$401$217$11
45 years$2,045$1,204$679$370$197$9
46 years$1,978$1,148$638$342$179$8
47 years$1,914$1,096$599$316$163$6
48 years$1,852$1,046$563$292$148$5
49 years$1,794$999$529$270$134$4
50 years$1,738$954$497$250$122$4

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 $3,316 every year, while hoping to spend $22,484 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: 39/46/15 Blend
45$1,780,000$1,780,000$1,780,000$1,780,000
46$1,964,980$1,870,640$1,843,050$2,032,657
47$2,141,486$1,938,379$1,880,870$2,148,906
48$2,335,241$2,008,683$1,919,203$2,272,096
49$2,547,982$2,081,655$1,958,042$2,404,813
50$2,781,620$2,157,401$1,997,381$2,547,929
51$3,038,263$2,236,031$2,037,211$2,702,402
52$3,320,230$2,317,661$2,077,522$2,869,282
53$3,630,078$2,402,410$2,118,303$3,049,725
54$3,970,623$2,490,405$2,159,543$3,244,999
55$4,344,967$2,581,776$2,201,228$3,456,500
56$4,756,528$2,676,657$2,243,344$3,685,759
57$5,209,073$2,775,192$2,285,875$3,934,461
58$5,706,749$2,877,527$2,328,802$4,204,457
59$6,254,128$2,983,817$2,372,108$4,497,784
60$6,856,247$3,094,222$2,415,771$4,816,680
61$7,518,654$3,208,908$2,459,770$5,163,607
62$8,247,463$3,328,051$2,504,078$5,541,273
63$9,049,411$3,451,833$2,548,672$5,952,657
64$9,931,920$3,580,441$2,593,521$6,401,037
65$10,903,168$3,714,075$2,638,596$6,890,017
66$11,972,166$3,852,940$2,683,864$7,423,565
67$13,148,844$3,997,250$2,729,290$8,006,047
68$14,444,141$4,147,231$2,774,837$8,642,267
69$15,870,114$4,303,116$2,820,464$9,337,513
70$17,440,045$4,465,148$2,866,129$10,097,604
71$19,168,571$4,633,581$2,911,786$10,928,948
72$21,071,820$4,808,682$2,957,386$11,838,595
73$23,167,564$4,990,726$3,002,877$12,834,310
74$25,475,387$5,180,003$3,048,204$13,924,640
75$28,016,867$5,376,813$3,093,309$15,118,996
76$30,815,781$5,581,471$3,138,129$16,427,738
77$33,898,333$5,794,305$3,182,599$17,862,277
78$37,293,394$6,015,657$3,226,647$19,435,175
79$41,032,780$6,245,885$3,270,200$21,160,267
80$45,151,551$6,485,360$3,313,178$23,052,788
81$49,688,339$6,734,473$3,355,500$25,129,518
82$54,685,717$6,993,629$3,397,076$27,408,935
83$60,190,596$7,263,253$3,437,814$29,911,392
84$66,254,671$7,543,787$3,477,615$32,659,304
85$72,934,908$7,835,692$3,516,376$35,677,361
86$80,294,080$8,139,453$3,553,986$38,992,758
87$88,401,362$8,455,572$3,590,330$42,635,450
88$97,332,981$8,784,575$3,625,286$46,638,433
89$107,172,937$9,127,011$3,658,726$51,038,054
90$118,013,797$9,483,455$3,690,513$55,874,352
91$129,957,565$9,854,505$3,720,506$61,191,433
92$143,116,648$10,240,787$3,748,554$67,037,887
93$157,614,915$10,642,954$3,774,499$73,467,240
94$173,588,866$11,061,689$3,798,175$80,538,463
95$191,188,923$11,497,704$3,819,407$88,316,520
96$210,580,847$11,951,745$3,838,011$96,872,983
97$231,947,302$12,424,590$3,853,793$106,286,704
98$255,489,584$12,917,051$3,866,551$116,644,555
99$281,429,513$13,429,978$3,876,072$128,042,248
100$310,011,534$13,964,258$3,882,132$140,585,234