Can I retire at age 46 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$149,468$148,137$146,838$145,570$144,332$143,663
2 years$73,994$72,616$71,280$69,986$68,729$68,055
3 years$48,839$47,455$46,123$44,840$43,605$42,945
4 years$36,265$34,885$33,566$32,305$31,099$30,459
5 years$28,722$27,350$26,048$24,813$23,641$23,022
6 years$23,695$22,333$21,051$19,843$18,706$18,110
7 years$20,105$18,756$17,494$16,314$15,213$14,639
8 years$17,414$16,077$14,836$13,686$12,621$12,070
9 years$15,323$13,998$12,778$11,657$10,629$10,100
10 years$13,650$12,338$11,140$10,049$9,056$8,550
11 years$12,283$10,984$9,808$8,745$7,789$7,304
12 years$11,144$9,859$8,704$7,671$6,749$6,287
13 years$10,182$8,909$7,777$6,772$5,886$5,444
14 years$9,357$8,098$6,987$6,012$5,159$4,739
15 years$8,643$7,398$6,309$5,361$4,543$4,142
16 years$8,019$6,788$5,720$4,800$4,015$3,634
17 years$7,469$6,251$5,205$4,313$3,560$3,198
18 years$6,980$5,776$4,751$3,887$3,165$2,822
19 years$6,544$5,353$4,349$3,512$2,821$2,496
20 years$6,152$4,975$3,992$3,181$2,520$2,212
21 years$5,797$4,634$3,672$2,887$2,255$1,964
22 years$5,475$4,325$3,384$2,625$2,021$1,746
23 years$5,182$4,045$3,124$2,391$1,815$1,555
24 years$4,913$3,790$2,890$2,180$1,631$1,386
25 years$4,666$3,557$2,676$1,991$1,468$1,237
26 years$4,439$3,343$2,482$1,821$1,322$1,105
27 years$4,229$3,146$2,305$1,666$1,192$987
28 years$4,034$2,965$2,143$1,527$1,075$883
29 years$3,853$2,797$1,994$1,400$971$791
30 years$3,684$2,641$1,857$1,285$877$708
31 years$3,527$2,497$1,732$1,180$793$635
32 years$3,380$2,363$1,616$1,085$718$569
33 years$3,241$2,237$1,508$997$649$510
34 years$3,112$2,121$1,409$918$588$458
35 years$2,990$2,011$1,318$845$533$411
36 years$2,875$1,909$1,233$778$483$369
37 years$2,766$1,813$1,154$717$437$331
38 years$2,664$1,723$1,080$661$396$298
39 years$2,567$1,639$1,012$609$360$267
40 years$2,475$1,559$949$562$326$240
41 years$2,387$1,484$890$518$296$216
42 years$2,304$1,413$835$478$268$194
43 years$2,226$1,347$783$442$244$174
44 years$2,151$1,284$735$408$221$157
45 years$2,079$1,224$690$377$201$141
46 years$2,011$1,168$648$348$182$127
47 years$1,946$1,114$609$321$166$114
48 years$1,884$1,064$572$297$150$103
49 years$1,824$1,016$538$274$137$92
50 years$1,767$970$506$254$124$83

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,810,000, adding $6,963 every year, while hoping to spend $25,709 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: 46/48/6 Blend
45$1,810,000$1,810,000$1,810,000$1,810,000
46$2,001,802$1,905,872$1,877,817$2,090,322
47$2,178,632$1,971,906$1,913,370$2,217,916
48$2,372,637$2,040,313$1,949,252$2,352,993
49$2,585,541$2,111,184$1,985,447$2,498,912
50$2,819,245$2,184,611$2,021,938$2,656,682
51$3,075,841$2,260,690$2,058,706$2,827,411
52$3,357,634$2,339,521$2,095,730$3,012,318
53$3,667,164$2,421,209$2,132,989$3,212,739
54$4,007,228$2,505,861$2,170,457$3,430,147
55$4,380,908$2,593,591$2,208,110$3,666,160
56$4,791,599$2,684,516$2,245,920$3,922,554
57$5,243,041$2,778,756$2,283,858$4,201,286
58$5,739,356$2,876,440$2,321,892$4,504,507
59$6,285,082$2,977,698$2,359,988$4,834,583
60$6,885,223$3,082,667$2,398,109$5,194,115
61$7,545,289$3,191,491$2,436,219$5,585,966
62$8,271,351$3,304,316$2,474,275$6,013,288
63$9,070,099$3,421,298$2,512,233$6,479,545
64$9,948,904$3,542,597$2,550,049$6,988,553
65$10,915,888$3,668,380$2,587,671$7,544,509
66$11,979,998$3,798,820$2,625,047$8,152,034
67$13,151,094$3,934,098$2,662,122$8,816,213
68$14,440,040$4,074,403$2,698,838$9,542,644
69$15,858,805$4,219,930$2,735,130$10,337,491
70$17,420,580$4,370,884$2,770,933$11,207,538
71$19,139,897$4,527,475$2,806,178$12,160,254
72$21,032,771$4,689,926$2,840,789$13,203,864
73$23,116,847$4,858,465$2,874,689$14,347,425
74$25,411,569$5,033,334$2,907,795$15,600,908
75$27,938,362$5,214,780$2,940,019$16,975,294
76$30,720,834$5,403,064$2,971,269$18,482,676
77$33,785,001$5,598,455$3,001,448$20,136,372
78$37,159,527$5,801,236$3,030,453$21,951,048
79$40,876,002$6,011,699$3,058,176$23,942,858
80$44,969,233$6,230,151$3,084,503$26,129,594
81$49,477,575$6,456,909$3,109,314$28,530,852
82$54,443,295$6,692,305$3,132,483$31,168,217
83$59,912,967$6,936,683$3,153,877$34,065,465
84$65,937,914$7,190,405$3,173,357$37,248,783
85$72,574,690$7,453,845$3,190,774$40,747,022
86$79,885,618$7,727,393$3,205,974$44,591,960
87$87,939,373$8,011,456$3,218,796$48,818,605
88$96,811,631$8,306,460$3,229,068$53,465,523
89$106,585,787$8,612,845$3,236,610$58,575,200
90$117,353,736$8,931,074$3,241,236$64,194,440
91$129,216,747$9,261,626$3,242,747$70,374,807
92$142,286,412$9,605,003$3,240,936$77,173,111
93$156,685,703$9,961,725$3,235,585$84,651,937
94$172,550,134$10,332,339$3,226,466$92,880,240
95$190,029,036$10,717,412$3,213,341$101,933,991
96$209,286,967$11,117,534$3,195,957$111,896,890
97$230,505,268$11,533,324$3,174,053$122,861,157
98$253,883,774$11,965,426$3,147,352$134,928,400
99$279,642,697$12,414,510$3,115,566$148,210,568
100$308,024,708$12,881,276$3,078,393$162,831,011