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%13.4%
1 years$150,294$148,955$147,649$146,374$145,129$143,079
2 years$74,403$73,017$71,674$70,372$69,109$67,047
3 years$49,109$47,718$46,378$45,088$43,846$41,836
4 years$36,465$35,077$33,751$32,483$31,271$29,330
5 years$28,880$27,501$26,192$24,950$23,772$21,905
6 years$23,825$22,457$21,167$19,953$18,810$17,019
7 years$20,216$18,859$17,590$16,405$15,297$13,583
8 years$17,511$16,166$14,918$13,761$12,691$11,053
9 years$15,407$14,075$12,849$11,722$10,687$9,125
10 years$13,726$12,407$11,202$10,104$9,106$7,618
11 years$12,351$11,045$9,862$8,794$7,832$6,417
12 years$11,206$9,913$8,752$7,713$6,787$5,443
13 years$10,238$8,959$7,820$6,810$5,918$4,644
14 years$9,409$8,143$7,026$6,045$5,188$3,981
15 years$8,691$7,439$6,343$5,391$4,568$3,427
16 years$8,063$6,825$5,751$4,827$4,037$2,959
17 years$7,510$6,286$5,233$4,337$3,579$2,563
18 years$7,019$5,808$4,777$3,908$3,183$2,225
19 years$6,580$5,383$4,373$3,532$2,837$1,936
20 years$6,186$5,002$4,014$3,199$2,534$1,687
21 years$5,829$4,659$3,692$2,903$2,268$1,472
22 years$5,505$4,349$3,403$2,639$2,033$1,286
23 years$5,210$4,068$3,142$2,404$1,825$1,126
24 years$4,940$3,811$2,906$2,192$1,640$986
25 years$4,692$3,577$2,691$2,002$1,476$864
26 years$4,464$3,362$2,496$1,831$1,329$758
27 years$4,252$3,164$2,318$1,676$1,198$665
28 years$4,056$2,981$2,155$1,535$1,081$584
29 years$3,874$2,812$2,005$1,408$976$513
30 years$3,705$2,656$1,868$1,292$882$451
31 years$3,546$2,511$1,741$1,187$798$397
32 years$3,398$2,376$1,624$1,091$722$349
33 years$3,259$2,250$1,517$1,003$653$307
34 years$3,129$2,132$1,417$923$591$270
35 years$3,006$2,022$1,325$849$535$238
36 years$2,891$1,920$1,239$782$485$210
37 years$2,781$1,823$1,160$721$440$185
38 years$2,678$1,733$1,086$664$399$163
39 years$2,581$1,648$1,018$613$362$143
40 years$2,488$1,568$954$565$328$126
41 years$2,400$1,492$895$521$297$111
42 years$2,317$1,421$839$481$270$98
43 years$2,238$1,354$787$444$245$86
44 years$2,162$1,291$739$410$222$76
45 years$2,091$1,231$694$379$202$67
46 years$2,022$1,174$652$350$183$59
47 years$1,957$1,120$612$323$166$52
48 years$1,894$1,070$575$299$151$46
49 years$1,834$1,021$541$276$137$41
50 years$1,777$976$509$255$125$36

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 $3,264 every year, while hoping to spend $51,962 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: 56/18/26 Blend
45$1,820,000$1,820,000$1,820,000$1,820,000
46$2,009,007$1,912,547$1,884,337$2,107,014
47$2,158,638$1,950,974$1,892,175$2,213,095
48$2,321,791$1,989,543$1,898,534$2,322,901
49$2,499,788$2,028,206$1,903,310$2,441,465
50$2,694,089$2,066,910$1,906,393$2,569,646
51$2,906,296$2,105,599$1,907,667$2,708,394
52$3,138,177$2,144,212$1,907,013$2,858,755
53$3,391,677$2,182,684$1,904,303$3,021,883
54$3,668,935$2,220,943$1,899,405$3,199,049
55$3,972,310$2,258,913$1,892,179$3,391,657
56$4,304,398$2,296,512$1,882,479$3,601,254
57$4,668,056$2,333,650$1,870,151$3,829,547
58$5,066,432$2,370,234$1,855,036$4,078,416
59$5,502,994$2,406,160$1,836,965$4,349,937
60$5,981,557$2,441,321$1,815,761$4,646,399
61$6,506,328$2,475,597$1,791,241$4,970,323
62$7,081,937$2,508,865$1,763,211$5,324,493
63$7,713,485$2,540,990$1,731,469$5,711,978
64$8,406,590$2,571,828$1,695,803$6,136,159
65$9,167,442$2,601,227$1,655,992$6,600,770
66$10,002,856$2,629,023$1,611,803$7,109,922
67$10,920,344$2,655,041$1,562,995$7,668,154
68$11,928,177$2,679,096$1,509,313$8,280,467
69$13,035,469$2,700,989$1,450,493$8,952,376
70$14,252,258$2,720,510$1,386,257$9,689,964
71$15,589,607$2,737,433$1,316,314$10,499,935
72$17,059,699$2,751,519$1,240,363$11,389,682
73$18,675,958$2,762,514$1,158,085$12,367,358
74$20,453,176$2,770,147$1,069,151$13,441,949
75$22,407,646$2,774,130$973,214$14,623,365
76$24,557,322$2,774,159$869,912$15,922,531
77$26,921,984$2,769,907$758,870$17,351,489
78$29,523,425$2,761,032$639,691$18,923,520
79$32,385,659$2,747,167$511,965$20,653,263
80$35,535,142$2,727,924$375,262$22,556,855
81$39,001,026$2,702,892$229,132$24,652,091
82$42,815,432$2,671,634$73,109$26,958,582
83$47,013,749$2,633,688$0$29,497,953
84$51,634,977$2,588,564$0$32,319,949
85$56,722,083$2,535,742$0$35,448,266
86$62,322,415$2,474,672$0$38,891,713
87$68,488,142$2,404,773$0$42,682,375
88$75,276,753$2,325,427$0$46,855,612
89$82,751,590$2,235,981$0$51,450,389
90$90,982,455$2,135,747$0$56,509,651
91$100,046,258$2,023,991$0$62,080,721
92$110,027,753$1,899,944$0$68,215,756
93$121,020,329$1,762,786$0$74,972,232
94$133,126,895$1,611,654$0$82,413,491
95$146,460,849$1,445,636$0$90,609,341
96$161,147,149$1,263,765$0$99,636,712
97$177,323,491$1,065,023$0$109,580,385
98$195,141,609$848,331$0$120,533,793
99$214,768,705$612,552$0$132,599,903
100$236,389,029$356,483$0$145,892,191