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

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$150,294$148,955$147,649$146,374$145,129$142,316
2 years$74,403$73,017$71,674$70,372$69,109$66,286
3 years$49,109$47,718$46,378$45,088$43,846$41,101
4 years$36,465$35,077$33,751$32,483$31,271$28,626
5 years$28,880$27,501$26,192$24,950$23,772$21,233
6 years$23,825$22,457$21,167$19,953$18,810$16,381
7 years$20,216$18,859$17,590$16,405$15,297$12,979
8 years$17,511$16,166$14,918$13,761$12,691$10,482
9 years$15,407$14,075$12,849$11,722$10,687$8,588
10 years$13,726$12,407$11,202$10,104$9,106$7,113
11 years$12,351$11,045$9,862$8,794$7,832$5,942
12 years$11,206$9,913$8,752$7,713$6,787$4,999
13 years$10,238$8,959$7,820$6,810$5,918$4,229
14 years$9,409$8,143$7,026$6,045$5,188$3,594
15 years$8,691$7,439$6,343$5,391$4,568$3,066
16 years$8,063$6,825$5,751$4,827$4,037$2,623
17 years$7,510$6,286$5,233$4,337$3,579$2,251
18 years$7,019$5,808$4,777$3,908$3,183$1,936
19 years$6,580$5,383$4,373$3,532$2,837$1,668
20 years$6,186$5,002$4,014$3,199$2,534$1,439
21 years$5,829$4,659$3,692$2,903$2,268$1,244
22 years$5,505$4,349$3,403$2,639$2,033$1,076
23 years$5,210$4,068$3,142$2,404$1,825$932
24 years$4,940$3,811$2,906$2,192$1,640$808
25 years$4,692$3,577$2,691$2,002$1,476$701
26 years$4,464$3,362$2,496$1,831$1,329$609
27 years$4,252$3,164$2,318$1,676$1,198$529
28 years$4,056$2,981$2,155$1,535$1,081$459
29 years$3,874$2,812$2,005$1,408$976$399
30 years$3,705$2,656$1,868$1,292$882$347
31 years$3,546$2,511$1,741$1,187$798$302
32 years$3,398$2,376$1,624$1,091$722$263
33 years$3,259$2,250$1,517$1,003$653$229
34 years$3,129$2,132$1,417$923$591$199
35 years$3,006$2,022$1,325$849$535$174
36 years$2,891$1,920$1,239$782$485$151
37 years$2,781$1,823$1,160$721$440$132
38 years$2,678$1,733$1,086$664$399$115
39 years$2,581$1,648$1,018$613$362$100
40 years$2,488$1,568$954$565$328$87
41 years$2,400$1,492$895$521$297$76
42 years$2,317$1,421$839$481$270$66
43 years$2,238$1,354$787$444$245$58
44 years$2,162$1,291$739$410$222$50
45 years$2,091$1,231$694$379$202$44
46 years$2,022$1,174$652$350$183$38
47 years$1,957$1,120$612$323$166$33
48 years$1,894$1,070$575$299$151$29
49 years$1,834$1,021$541$276$137$25
50 years$1,777$976$509$255$125$22

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 $3,056 every year, while hoping to spend $58,593 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: 58/36/6 Blend
45$1,820,000$1,820,000$1,820,000$1,820,000
46$2,008,792$1,912,332$1,884,122$2,122,699
47$2,151,347$1,943,694$1,884,898$2,230,867
48$2,306,478$1,974,629$1,883,736$2,341,785
49$2,475,406$2,005,054$1,880,509$2,461,207
50$2,659,476$2,034,880$1,875,085$2,589,949
51$2,860,166$2,064,012$1,867,323$2,728,912
52$3,079,104$2,092,349$1,857,079$2,879,089
53$3,318,079$2,119,781$1,844,198$3,041,574
54$3,579,065$2,146,192$1,828,520$3,217,574
55$3,864,231$2,171,457$1,809,877$3,408,418
56$4,175,967$2,195,443$1,788,093$3,615,573
57$4,516,905$2,218,009$1,762,983$3,840,656
58$4,889,940$2,239,002$1,734,353$4,085,449
59$5,298,262$2,258,262$1,702,003$4,351,917
60$5,745,385$2,275,616$1,665,719$4,642,228
61$6,235,174$2,290,882$1,625,281$4,958,771
62$6,771,891$2,303,864$1,580,457$5,304,181
63$7,360,226$2,314,355$1,531,004$5,681,363
64$8,005,345$2,322,135$1,476,669$6,093,520
65$8,712,940$2,326,969$1,417,187$6,544,185
66$9,489,277$2,328,607$1,352,280$7,037,253
67$10,341,260$2,326,786$1,281,659$7,577,019
68$11,276,494$2,321,224$1,205,020$8,168,218
69$12,303,356$2,311,623$1,122,047$8,816,073
70$13,431,072$2,297,667$1,032,410$9,526,341
71$14,669,807$2,279,019$935,761$10,305,372
72$16,030,760$2,255,323$831,742$11,160,165
73$17,526,266$2,226,202$719,973$12,098,441
74$19,169,915$2,191,256$600,062$13,128,709
75$20,976,679$2,150,060$471,597$14,260,355
76$22,963,053$2,102,166$334,149$15,503,725
77$25,147,210$2,047,098$187,268$16,870,227
78$27,549,172$1,984,352$30,488$18,372,440
79$30,190,998$1,913,396$0$20,024,232
80$33,096,992$1,833,664$0$21,849,653
81$36,293,932$1,744,561$0$23,859,452
82$39,811,324$1,645,455$0$26,070,296
83$43,681,675$1,535,678$0$28,502,711
84$47,940,803$1,414,524$0$31,179,324
85$52,628,177$1,281,247$0$34,125,079
86$57,787,281$1,135,058$0$37,367,472
87$63,466,031$975,124$0$40,936,815
88$69,717,223$800,562$0$44,866,520
89$76,599,033$610,443$0$49,193,419
90$84,175,564$403,784$0$53,958,113
91$92,517,449$179,547$0$59,205,356
92$101,702,519$0$0$64,984,482
93$111,816,538$0$0$71,374,970
94$122,954,007$0$0$78,490,644
95$135,219,063$0$0$86,326,933
96$148,726,452$0$0$94,957,176
97$163,602,619$0$0$104,462,188
98$179,986,896$0$0$114,931,021
99$198,032,819$0$0$126,461,807
100$217,909,575$0$0$139,162,680