Can I retire at age 46 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$148,642$147,318$146,027$144,766$143,535$139,219
2 years$73,585$72,215$70,887$69,599$68,350$64,038
3 years$48,570$47,193$45,868$44,593$43,364$39,191
4 years$36,064$34,692$33,380$32,127$30,928$26,926
5 years$28,563$27,199$25,905$24,676$23,511$19,691
6 years$23,564$22,210$20,935$19,734$18,603$14,969
7 years$19,994$18,652$17,397$16,224$15,129$11,681
8 years$17,318$15,988$14,754$13,610$12,551$9,286
9 years$15,238$13,921$12,708$11,593$10,570$7,485
10 years$13,575$12,270$11,079$9,993$9,006$6,096
11 years$12,215$10,924$9,754$8,697$7,746$5,006
12 years$11,083$9,804$8,656$7,628$6,712$4,137
13 years$10,125$8,860$7,734$6,735$5,853$3,437
14 years$9,305$8,054$6,949$5,978$5,131$2,867
15 years$8,595$7,357$6,274$5,332$4,518$2,400
16 years$7,975$6,750$5,688$4,774$3,993$2,015
17 years$7,428$6,217$5,176$4,289$3,540$1,695
18 years$6,942$5,744$4,725$3,866$3,148$1,429
19 years$6,508$5,324$4,325$3,493$2,806$1,207
20 years$6,118$4,947$3,970$3,163$2,506$1,020
21 years$5,765$4,608$3,651$2,871$2,243$864
22 years$5,445$4,302$3,365$2,610$2,010$732
23 years$5,153$4,023$3,107$2,377$1,804$621
24 years$4,886$3,769$2,874$2,168$1,622$527
25 years$4,641$3,537$2,662$1,980$1,459$447
26 years$4,415$3,325$2,468$1,811$1,315$380
27 years$4,206$3,129$2,292$1,657$1,185$323
28 years$4,012$2,948$2,131$1,518$1,069$274
29 years$3,832$2,781$1,983$1,392$966$233
30 years$3,664$2,627$1,847$1,278$873$198
31 years$3,507$2,483$1,722$1,174$789$169
32 years$3,361$2,350$1,607$1,079$714$144
33 years$3,224$2,225$1,500$992$646$122
34 years$3,095$2,109$1,402$913$585$104
35 years$2,973$2,000$1,310$840$530$89
36 years$2,859$1,898$1,226$774$480$75
37 years$2,751$1,803$1,147$713$435$64
38 years$2,649$1,714$1,074$657$394$55
39 years$2,552$1,629$1,007$606$358$47
40 years$2,461$1,550$944$559$324$40
41 years$2,374$1,476$885$516$294$34
42 years$2,292$1,405$830$476$267$29
43 years$2,213$1,339$779$439$242$24
44 years$2,139$1,276$731$406$220$21
45 years$2,068$1,217$686$375$200$18
46 years$2,000$1,161$645$346$181$15
47 years$1,935$1,108$606$320$165$13
48 years$1,873$1,058$569$295$149$11
49 years$1,814$1,010$535$273$136$9
50 years$1,757$965$503$252$123$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,800,000, adding $4,698 every year, while hoping to spend $34,482 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: 82/11/7 Blend
45$1,800,000$1,800,000$1,800,000$1,800,000
46$1,988,446$1,893,046$1,865,146$2,149,769
47$2,154,579$1,949,117$1,890,940$2,312,025
48$2,336,502$2,006,779$1,916,442$2,485,022
49$2,535,788$2,066,075$1,941,606$2,673,877
50$2,754,173$2,127,047$1,966,384$2,880,158
51$2,993,564$2,189,737$1,990,724$3,105,592
52$3,256,065$2,254,192$2,014,570$3,352,081
53$3,543,991$2,320,455$2,037,866$3,621,717
54$3,859,894$2,388,573$2,060,550$3,916,808
55$4,206,583$2,458,593$2,082,558$4,239,893
56$4,587,153$2,530,563$2,103,823$4,593,770
57$5,005,014$2,604,531$2,124,272$4,981,519
58$5,463,920$2,680,548$2,143,830$5,406,536
59$5,968,009$2,758,664$2,162,417$5,872,558
60$6,521,839$2,838,931$2,179,951$6,383,704
61$7,130,429$2,921,402$2,196,342$6,944,511
62$7,799,312$3,006,129$2,211,499$7,559,977
63$8,534,580$3,093,168$2,225,323$8,235,606
64$9,342,948$3,182,574$2,237,711$8,977,466
65$10,231,811$3,274,403$2,248,557$9,792,238
66$11,209,319$3,368,711$2,257,747$10,687,284
67$12,284,449$3,465,557$2,265,160$11,670,716
68$13,467,093$3,565,000$2,270,674$12,751,471
69$14,768,150$3,667,099$2,274,155$13,939,394
70$16,199,629$3,771,914$2,275,467$15,245,334
71$17,774,760$3,879,507$2,274,464$16,681,243
72$19,508,121$3,989,939$2,270,994$18,260,292
73$21,415,776$4,103,272$2,264,899$19,996,991
74$23,515,424$4,219,571$2,256,012$21,907,330
75$25,826,565$4,338,898$2,244,156$24,008,925
76$28,370,689$4,461,318$2,229,149$26,321,189
77$31,171,472$4,586,896$2,210,799$28,865,512
78$34,255,005$4,715,697$2,188,904$31,665,462
79$37,650,036$4,847,786$2,163,252$34,747,009
80$41,388,242$4,983,230$2,133,624$38,138,772
81$45,504,529$5,122,095$2,099,787$41,872,283
82$50,037,360$5,264,446$2,061,498$45,982,290
83$55,029,118$5,410,351$2,018,506$50,507,080
84$60,526,505$5,559,876$1,970,543$55,488,846
85$66,580,985$5,713,086$1,917,333$60,974,078
86$73,249,267$5,870,049$1,858,584$67,014,009
87$80,593,839$6,030,828$1,793,994$73,665,092
88$88,683,562$6,195,490$1,723,244$80,989,536
89$97,594,315$6,364,099$1,646,002$89,055,893
90$107,409,713$6,536,717$1,561,921$97,939,704
91$118,221,897$6,713,409$1,470,638$107,724,210
92$130,132,399$6,894,235$1,371,773$118,501,143
93$143,253,106$7,079,255$1,264,931$130,371,585
94$157,707,313$7,268,528$1,149,695$143,446,928
95$173,630,883$7,462,111$1,025,635$157,849,919
96$191,173,537$7,660,058$892,298$173,715,826
97$210,500,259$7,862,422$749,211$191,193,707
98$231,792,858$8,069,254$595,882$210,447,823
99$255,251,682$8,280,599$431,796$231,659,184
100$281,097,508$8,496,503$256,416$255,027,261