Can I retire at age 46 with 1,790,000?

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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$147,817$146,500$145,215$143,961$142,737$139,970
2 years$73,176$71,814$70,493$69,212$67,970$65,193
3 years$48,300$46,931$45,614$44,345$43,123$40,423
4 years$35,864$34,499$33,195$31,948$30,756$28,154
5 years$28,404$27,048$25,761$24,539$23,380$20,883
6 years$23,433$22,087$20,818$19,624$18,500$16,111
7 years$19,883$18,548$17,300$16,134$15,045$12,765
8 years$17,222$15,899$14,672$13,534$12,482$10,310
9 years$15,153$13,843$12,637$11,528$10,511$8,446
10 years$13,500$12,202$11,017$9,938$8,956$6,996
11 years$12,147$10,863$9,699$8,649$7,703$5,844
12 years$11,021$9,750$8,608$7,586$6,675$4,916
13 years$10,069$8,811$7,691$6,697$5,821$4,159
14 years$9,254$8,009$6,910$5,945$5,102$3,534
15 years$8,548$7,316$6,239$5,302$4,492$3,015
16 years$7,930$6,713$5,656$4,747$3,970$2,580
17 years$7,386$6,182$5,147$4,265$3,520$2,214
18 years$6,903$5,713$4,699$3,844$3,130$1,904
19 years$6,472$5,294$4,301$3,473$2,790$1,640
20 years$6,084$4,920$3,948$3,146$2,492$1,416
21 years$5,733$4,583$3,631$2,855$2,230$1,224
22 years$5,415$4,278$3,347$2,596$1,999$1,059
23 years$5,125$4,001$3,090$2,364$1,794$917
24 years$4,859$3,748$2,858$2,156$1,613$795
25 years$4,615$3,518$2,647$1,969$1,451$690
26 years$4,390$3,306$2,455$1,801$1,307$599
27 years$4,182$3,111$2,279$1,648$1,179$520
28 years$3,990$2,932$2,119$1,510$1,064$452
29 years$3,810$2,766$1,972$1,385$960$393
30 years$3,644$2,612$1,837$1,271$868$342
31 years$3,488$2,469$1,712$1,167$785$297
32 years$3,342$2,336$1,598$1,073$710$259
33 years$3,206$2,213$1,492$986$642$225
34 years$3,077$2,097$1,394$908$581$196
35 years$2,957$1,989$1,303$835$527$171
36 years$2,843$1,888$1,219$769$477$149
37 years$2,736$1,793$1,141$709$432$129
38 years$2,634$1,704$1,069$653$392$113
39 years$2,538$1,620$1,001$602$356$98
40 years$2,447$1,542$938$556$323$86
41 years$2,361$1,468$880$513$293$75
42 years$2,279$1,398$825$473$265$65
43 years$2,201$1,332$774$437$241$57
44 years$2,127$1,269$727$403$219$49
45 years$2,056$1,210$683$372$199$43
46 years$1,989$1,155$641$344$180$38
47 years$1,924$1,102$602$318$164$33
48 years$1,863$1,052$566$294$149$29
49 years$1,804$1,005$532$271$135$25
50 years$1,748$960$500$251$123$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,790,000, adding $2,555 every year, while hoping to spend $50,253 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: 61/12/27 Blend
45$1,790,000$1,790,000$1,790,000$1,790,000
46$1,975,215$1,880,345$1,852,600$2,081,233
47$2,123,219$1,919,014$1,861,194$2,192,317
48$2,284,634$1,957,892$1,868,391$2,307,856
49$2,460,776$1,996,939$1,874,091$2,432,902
50$2,653,093$2,036,106$1,878,191$2,568,394
51$2,863,177$2,075,344$1,880,580$2,715,365
52$3,092,784$2,114,599$1,881,141$2,874,957
53$3,343,843$2,153,809$1,879,755$3,048,425
54$3,618,482$2,192,913$1,876,294$3,237,155
55$3,919,042$2,231,840$1,870,624$3,442,677
56$4,248,099$2,270,516$1,862,605$3,666,673
57$4,608,495$2,308,860$1,852,091$3,911,003
58$5,003,353$2,346,786$1,838,929$4,177,713
59$5,436,119$2,384,202$1,822,956$4,469,063
60$5,910,583$2,421,008$1,804,005$4,787,540
61$6,430,921$2,457,096$1,781,898$5,135,890
62$7,001,734$2,492,353$1,756,451$5,517,140
63$7,628,088$2,526,655$1,727,469$5,934,625
64$8,315,563$2,559,872$1,694,750$6,392,025
65$9,070,308$2,591,863$1,658,081$6,893,394
66$9,899,093$2,622,477$1,617,240$7,443,204
67$10,809,378$2,651,556$1,571,995$8,046,385
68$11,809,380$2,678,928$1,522,102$8,708,371
69$12,908,151$2,704,411$1,467,308$9,435,155
70$14,115,666$2,727,810$1,407,346$10,233,340
71$15,442,909$2,748,918$1,341,937$11,110,210
72$16,901,986$2,767,515$1,270,793$12,073,793
73$18,506,232$2,783,367$1,193,607$13,132,938
74$20,270,339$2,796,222$1,110,064$14,297,403
75$22,210,493$2,805,817$1,019,831$15,577,942
76$24,344,529$2,811,868$922,561$16,986,413
77$26,692,097$2,814,075$817,892$18,535,885
78$29,274,845$2,812,120$705,447$20,240,766
79$32,116,630$2,805,664$584,829$22,116,940
80$35,243,732$2,794,347$455,627$24,181,913
81$38,685,112$2,777,789$317,410$26,454,986
82$42,472,678$2,755,585$169,727$28,957,431
83$46,641,588$2,727,307$12,111$31,712,699
84$51,230,584$2,692,498$0$34,746,638
85$56,282,351$2,650,678$0$38,132,708
86$61,843,925$2,601,335$0$41,863,993
87$67,967,134$2,543,929$0$45,971,771
88$74,709,086$2,477,887$0$50,494,357
89$82,132,711$2,402,602$0$55,473,977
90$90,307,350$2,317,431$0$60,957,160
91$99,309,411$2,221,696$0$66,995,184
92$109,223,089$2,114,678$0$73,644,554
93$120,141,162$1,995,615$0$80,967,540
94$132,165,864$1,863,704$0$89,032,764
95$145,409,850$1,718,093$0$97,915,846
96$159,997,259$1,557,885$0$107,700,121
97$176,064,886$1,382,127$0$118,477,422
98$193,763,470$1,189,817$0$130,348,953
99$213,259,118$979,892$0$143,426,238
100$234,734,873$751,232$0$157,832,181