Can I retire at age 46 with 1,820,000?

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$150,294$148,955$147,649$146,374$145,129$142,083
2 years$74,403$73,017$71,674$70,372$69,109$66,054
3 years$49,109$47,718$46,378$45,088$43,846$40,878
4 years$36,465$35,077$33,751$32,483$31,271$28,413
5 years$28,880$27,501$26,192$24,950$23,772$21,031
6 years$23,825$22,457$21,167$19,953$18,810$16,190
7 years$20,216$18,859$17,590$16,405$15,297$12,799
8 years$17,511$16,166$14,918$13,761$12,691$10,313
9 years$15,407$14,075$12,849$11,722$10,687$8,428
10 years$13,726$12,407$11,202$10,104$9,106$6,964
11 years$12,351$11,045$9,862$8,794$7,832$5,803
12 years$11,206$9,913$8,752$7,713$6,787$4,869
13 years$10,238$8,959$7,820$6,810$5,918$4,108
14 years$9,409$8,143$7,026$6,045$5,188$3,482
15 years$8,691$7,439$6,343$5,391$4,568$2,962
16 years$8,063$6,825$5,751$4,827$4,037$2,527
17 years$7,510$6,286$5,233$4,337$3,579$2,162
18 years$7,019$5,808$4,777$3,908$3,183$1,854
19 years$6,580$5,383$4,373$3,532$2,837$1,593
20 years$6,186$5,002$4,014$3,199$2,534$1,371
21 years$5,829$4,659$3,692$2,903$2,268$1,181
22 years$5,505$4,349$3,403$2,639$2,033$1,019
23 years$5,210$4,068$3,142$2,404$1,825$879
24 years$4,940$3,811$2,906$2,192$1,640$760
25 years$4,692$3,577$2,691$2,002$1,476$657
26 years$4,464$3,362$2,496$1,831$1,329$569
27 years$4,252$3,164$2,318$1,676$1,198$492
28 years$4,056$2,981$2,155$1,535$1,081$427
29 years$3,874$2,812$2,005$1,408$976$370
30 years$3,705$2,656$1,868$1,292$882$320
31 years$3,546$2,511$1,741$1,187$798$278
32 years$3,398$2,376$1,624$1,091$722$241
33 years$3,259$2,250$1,517$1,003$653$209
34 years$3,129$2,132$1,417$923$591$181
35 years$3,006$2,022$1,325$849$535$157
36 years$2,891$1,920$1,239$782$485$137
37 years$2,781$1,823$1,160$721$440$119
38 years$2,678$1,733$1,086$664$399$103
39 years$2,581$1,648$1,018$613$362$89
40 years$2,488$1,568$954$565$328$78
41 years$2,400$1,492$895$521$297$67
42 years$2,317$1,421$839$481$270$59
43 years$2,238$1,354$787$444$245$51
44 years$2,162$1,291$739$410$222$44
45 years$2,091$1,231$694$379$202$38
46 years$2,022$1,174$652$350$183$33
47 years$1,957$1,120$612$323$166$29
48 years$1,894$1,070$575$299$151$25
49 years$1,834$1,021$541$276$137$22
50 years$1,777$976$509$255$125$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,820,000, adding $3,367 every year, while hoping to spend $33,879 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: 62/29/9 Blend
45$1,820,000$1,820,000$1,820,000$1,820,000
46$2,009,113$1,912,653$1,884,443$2,129,557
47$2,177,996$1,970,326$1,911,525$2,268,188
48$2,362,969$2,029,690$1,938,379$2,415,217
49$2,565,638$2,090,791$1,964,960$2,574,843
50$2,787,771$2,153,678$1,991,225$2,748,284
51$3,031,316$2,218,400$2,017,123$2,936,882
52$3,298,416$2,285,008$2,042,603$3,142,112
53$3,591,435$2,353,554$2,067,611$3,365,599
54$3,912,974$2,424,091$2,092,088$3,609,133
55$4,265,900$2,496,673$2,115,975$3,874,681
56$4,653,368$2,571,357$2,139,207$4,164,413
57$5,078,858$2,648,199$2,161,716$4,480,715
58$5,546,199$2,727,258$2,183,431$4,826,216
59$6,059,611$2,808,594$2,204,277$5,203,810
60$6,623,744$2,892,268$2,224,173$5,616,686
61$7,243,719$2,978,342$2,243,036$6,068,354
62$7,925,179$3,066,882$2,260,778$6,562,681
63$8,674,340$3,157,952$2,277,307$7,103,924
64$9,498,050$3,251,619$2,292,524$7,696,776
65$10,403,855$3,347,952$2,306,327$8,346,402
66$11,400,068$3,447,021$2,318,608$9,058,494
67$12,495,847$3,548,897$2,329,254$9,839,321
68$13,701,284$3,653,654$2,338,145$10,695,789
69$15,027,499$3,761,366$2,345,156$11,635,506
70$16,486,740$3,872,110$2,350,156$12,666,854
71$18,092,507$3,985,962$2,353,005$13,799,065
72$19,859,672$4,103,004$2,353,560$15,042,311
73$21,804,622$4,223,315$2,351,668$16,407,801
74$23,945,414$4,346,978$2,347,169$17,907,882
75$26,301,943$4,474,077$2,339,897$19,556,156
76$28,896,133$4,604,698$2,329,674$21,367,613
77$31,752,138$4,738,928$2,316,318$23,358,767
78$34,896,577$4,876,856$2,299,636$25,547,813
79$38,358,779$5,018,573$2,279,425$27,954,798
80$42,171,063$5,164,171$2,255,474$30,601,814
81$46,369,039$5,313,744$2,227,560$33,513,199
82$50,991,950$5,467,386$2,195,452$36,715,771
83$56,083,035$5,625,194$2,158,906$40,239,082
84$61,689,943$5,787,267$2,117,668$44,115,694
85$67,865,179$5,953,705$2,071,471$48,381,485
86$74,666,599$6,124,608$2,020,037$53,075,990
87$82,157,957$6,300,079$1,963,074$58,242,774
88$90,409,508$6,480,222$1,900,276$63,929,840
89$99,498,668$6,665,143$1,831,325$70,190,084
90$109,510,745$6,854,948$1,755,887$77,081,795
91$120,539,745$7,049,744$1,673,614$84,669,202
92$132,689,258$7,249,641$1,584,139$93,023,081
93$146,073,437$7,454,748$1,487,082$102,221,425
94$160,818,073$7,665,176$1,382,045$112,350,175
95$177,061,785$7,881,038$1,268,612$123,504,037
96$194,957,323$8,102,445$1,146,347$135,787,371
97$214,673,016$8,329,511$1,014,795$149,315,179
98$236,394,357$8,562,350$873,484$164,214,186
99$260,325,752$8,801,076$721,916$180,624,041
100$286,692,453$9,045,803$559,575$198,698,633