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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.5%
1 years$148,642$147,318$146,027$144,766$143,535$142,036
2 years$73,585$72,215$70,887$69,599$68,350$66,840
3 years$48,570$47,193$45,868$44,593$43,364$41,891
4 years$36,064$34,692$33,380$32,127$30,928$29,502
5 years$28,563$27,199$25,905$24,676$23,511$22,137
6 years$23,564$22,210$20,935$19,734$18,603$17,283
7 years$19,994$18,652$17,397$16,224$15,129$13,863
8 years$17,318$15,988$14,754$13,610$12,551$11,339
9 years$15,238$13,921$12,708$11,593$10,570$9,411
10 years$13,575$12,270$11,079$9,993$9,006$7,900
11 years$12,215$10,924$9,754$8,697$7,746$6,692
12 years$11,083$9,804$8,656$7,628$6,712$5,709
13 years$10,125$8,860$7,734$6,735$5,853$4,900
14 years$9,305$8,054$6,949$5,978$5,131$4,226
15 years$8,595$7,357$6,274$5,332$4,518$3,659
16 years$7,975$6,750$5,688$4,774$3,993$3,180
17 years$7,428$6,217$5,176$4,289$3,540$2,771
18 years$6,942$5,744$4,725$3,866$3,148$2,422
19 years$6,508$5,324$4,325$3,493$2,806$2,120
20 years$6,118$4,947$3,970$3,163$2,506$1,860
21 years$5,765$4,608$3,651$2,871$2,243$1,634
22 years$5,445$4,302$3,365$2,610$2,010$1,438
23 years$5,153$4,023$3,107$2,377$1,804$1,267
24 years$4,886$3,769$2,874$2,168$1,622$1,117
25 years$4,641$3,537$2,662$1,980$1,459$986
26 years$4,415$3,325$2,468$1,811$1,315$871
27 years$4,206$3,129$2,292$1,657$1,185$770
28 years$4,012$2,948$2,131$1,518$1,069$681
29 years$3,832$2,781$1,983$1,392$966$603
30 years$3,664$2,627$1,847$1,278$873$534
31 years$3,507$2,483$1,722$1,174$789$473
32 years$3,361$2,350$1,607$1,079$714$419
33 years$3,224$2,225$1,500$992$646$372
34 years$3,095$2,109$1,402$913$585$330
35 years$2,973$2,000$1,310$840$530$292
36 years$2,859$1,898$1,226$774$480$259
37 years$2,751$1,803$1,147$713$435$230
38 years$2,649$1,714$1,074$657$394$204
39 years$2,552$1,629$1,007$606$358$181
40 years$2,461$1,550$944$559$324$161
41 years$2,374$1,476$885$516$294$143
42 years$2,292$1,405$830$476$267$127
43 years$2,213$1,339$779$439$242$113
44 years$2,139$1,276$731$406$220$100
45 years$2,068$1,217$686$375$200$89
46 years$2,000$1,161$645$346$181$79
47 years$1,935$1,108$606$320$165$70
48 years$1,873$1,058$569$295$149$62
49 years$1,814$1,010$535$273$136$55
50 years$1,757$965$503$252$123$49

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 $2,000 every year, while hoping to spend $30,975 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: 55/31/14 Blend
45$1,800,000$1,800,000$1,800,000$1,800,000
46$1,985,663$1,890,263$1,862,363$2,087,514
47$2,155,243$1,949,929$1,891,795$2,216,618
48$2,341,083$2,011,480$1,921,175$2,353,601
49$2,544,807$2,074,976$1,950,468$2,502,047
50$2,768,207$2,140,479$1,979,638$2,663,055
51$3,013,254$2,208,053$2,008,646$2,837,836
52$3,282,120$2,277,762$2,037,450$3,027,721
53$3,577,199$2,349,675$2,066,007$3,234,178
54$3,901,125$2,423,860$2,094,270$3,458,818
55$4,256,802$2,500,392$2,122,190$3,703,419
56$4,647,427$2,579,342$2,149,715$3,969,934
57$5,076,524$2,660,789$2,176,789$4,260,517
58$5,547,973$2,744,811$2,203,355$4,577,537
59$6,066,049$2,831,490$2,229,351$4,923,602
60$6,635,463$2,920,910$2,254,711$5,301,587
61$7,261,403$3,013,158$2,279,367$5,714,653
62$7,949,587$3,108,323$2,303,246$6,166,285
63$8,706,313$3,206,499$2,326,273$6,660,319
64$9,538,519$3,307,780$2,348,365$7,200,981
65$10,453,851$3,412,264$2,369,439$7,792,924
66$11,460,734$3,520,055$2,389,405$8,441,274
67$12,568,446$3,631,255$2,408,167$9,151,677
68$13,787,215$3,745,974$2,425,628$9,930,351
69$15,128,307$3,864,323$2,441,683$10,784,147
70$16,604,137$3,986,417$2,456,222$11,720,611
71$18,228,382$4,112,375$2,469,129$12,748,055
72$20,016,116$4,242,320$2,480,283$13,875,637
73$21,983,944$4,376,378$2,489,557$15,113,445
74$24,150,165$4,514,679$2,496,816$16,472,593
75$26,534,942$4,657,359$2,501,920$17,965,325
76$29,160,493$4,804,556$2,504,720$19,605,131
77$32,051,297$4,956,414$2,505,063$21,406,874
78$35,234,332$5,113,080$2,502,785$23,386,928
79$38,739,321$5,274,708$2,497,715$25,563,335
80$42,599,018$5,441,455$2,489,675$27,955,971
81$46,849,515$5,613,483$2,478,476$30,586,738
82$51,530,583$5,790,961$2,463,922$33,479,768
83$56,686,046$5,974,062$2,445,807$36,661,649
84$62,364,195$6,162,964$2,423,915$40,161,678
85$68,618,245$6,357,851$2,398,018$44,012,135
86$75,506,835$6,558,914$2,367,880$48,248,588
87$83,094,581$6,766,350$2,333,253$52,910,231
88$91,452,687$6,980,360$2,293,876$58,040,249
89$100,659,618$7,201,155$2,249,478$63,686,227
90$110,801,837$7,428,949$2,199,773$69,900,601
91$121,974,622$7,663,966$2,144,463$76,741,147
92$134,282,968$7,906,435$2,083,237$84,271,534
93$147,842,574$8,156,593$2,015,769$92,561,917
94$162,780,936$8,414,685$1,941,717$101,689,601
95$179,238,551$8,680,965$1,860,724$111,739,773
96$197,370,243$8,955,691$1,772,417$122,806,302
97$217,346,622$9,239,134$1,676,407$134,992,627
98$239,355,697$9,531,571$1,572,287$148,412,732
99$263,604,648$9,833,289$1,459,629$163,192,220
100$290,321,785$10,144,583$1,337,989$179,469,502