Can I retire at age 46 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$151,120$149,774$148,460$147,178$145,927$143,924
2 years$74,812$73,418$72,068$70,759$69,489$67,475
3 years$49,379$47,980$46,633$45,336$44,087$42,124
4 years$36,665$35,270$33,937$32,662$31,443$29,547
5 years$29,039$27,652$26,336$25,088$23,902$22,078
6 years$23,956$22,580$21,284$20,063$18,913$17,162
7 years$20,327$18,963$17,687$16,495$15,381$13,705
8 years$17,607$16,255$15,000$13,837$12,760$11,159
9 years$15,492$14,153$12,919$11,786$10,746$9,218
10 years$13,801$12,475$11,263$10,160$9,156$7,701
11 years$12,419$11,106$9,916$8,842$7,875$6,490
12 years$11,267$9,968$8,800$7,756$6,824$5,509
13 years$10,294$9,008$7,862$6,847$5,951$4,703
14 years$9,460$8,188$7,064$6,078$5,216$4,035
15 years$8,739$7,480$6,378$5,421$4,593$3,475
16 years$8,108$6,863$5,783$4,853$4,059$3,003
17 years$7,551$6,320$5,262$4,361$3,599$2,603
18 years$7,058$5,840$4,804$3,930$3,200$2,261
19 years$6,616$5,413$4,398$3,551$2,852$1,968
20 years$6,220$5,030$4,036$3,216$2,548$1,717
21 years$5,861$4,685$3,712$2,919$2,280$1,499
22 years$5,536$4,373$3,421$2,654$2,044$1,311
23 years$5,239$4,090$3,159$2,417$1,835$1,148
24 years$4,967$3,832$2,922$2,204$1,649$1,006
25 years$4,718$3,596$2,706$2,013$1,484$883
26 years$4,488$3,380$2,510$1,841$1,337$775
27 years$4,276$3,181$2,330$1,685$1,205$681
28 years$4,079$2,997$2,166$1,544$1,087$598
29 years$3,896$2,828$2,016$1,416$982$526
30 years$3,725$2,670$1,878$1,299$887$463
31 years$3,566$2,524$1,751$1,193$802$407
32 years$3,417$2,389$1,633$1,097$726$359
33 years$3,277$2,262$1,525$1,008$657$316
34 years$3,146$2,144$1,425$928$594$278
35 years$3,023$2,034$1,332$854$538$245
36 years$2,906$1,930$1,246$787$488$216
37 years$2,797$1,833$1,167$725$442$190
38 years$2,693$1,742$1,092$668$401$168
39 years$2,595$1,657$1,023$616$364$148
40 years$2,502$1,576$959$568$330$131
41 years$2,414$1,500$899$524$299$115
42 years$2,330$1,429$844$484$271$102
43 years$2,250$1,361$792$447$246$90
44 years$2,174$1,298$743$412$224$79
45 years$2,102$1,237$698$381$203$70
46 years$2,033$1,181$655$352$184$61
47 years$1,967$1,127$616$325$167$54
48 years$1,904$1,075$579$300$152$48
49 years$1,844$1,027$544$278$138$42
50 years$1,787$981$511$257$125$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,830,000, adding $6,060 every year, while hoping to spend $34,238 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: 34/48/18 Blend
45$1,830,000$1,830,000$1,830,000$1,830,000
46$2,022,911$1,925,921$1,897,556$2,080,285
47$2,192,819$1,983,862$1,924,695$2,180,910
48$2,378,910$2,043,495$1,951,596$2,285,739
49$2,582,799$2,104,866$1,978,214$2,398,062
50$2,806,263$2,168,023$2,004,503$2,518,559
51$3,051,261$2,233,016$2,030,414$2,647,981
52$3,319,950$2,299,894$2,055,893$2,787,152
53$3,614,706$2,368,709$2,080,886$2,936,976
54$3,938,144$2,439,514$2,105,334$3,098,450
55$4,293,147$2,512,363$2,129,175$3,272,671
56$4,682,890$2,587,311$2,152,344$3,460,842
57$5,110,870$2,664,414$2,174,772$3,664,290
58$5,580,938$2,743,730$2,196,387$3,884,474
59$6,097,340$2,825,319$2,217,112$4,123,000
60$6,664,750$2,909,241$2,236,867$4,381,635
61$7,288,318$2,995,557$2,255,566$4,662,325
62$7,973,719$3,084,332$2,273,119$4,967,210
63$8,727,203$3,175,629$2,289,434$5,298,648
64$9,555,658$3,269,515$2,304,410$5,659,234
65$10,466,672$3,366,058$2,317,944$6,051,826
66$11,468,603$3,465,325$2,329,926$6,479,571
67$12,570,663$3,567,388$2,340,241$6,945,933
68$13,782,999$3,672,319$2,348,767$7,454,729
69$15,116,792$3,780,190$2,355,378$8,010,161
70$16,584,362$3,891,076$2,359,941$8,616,858
71$18,199,282$4,005,054$2,362,314$9,279,919
72$19,976,509$4,122,202$2,362,351$10,004,958
73$21,932,521$4,242,598$2,359,898$10,798,162
74$24,085,476$4,366,323$2,354,793$11,666,345
75$26,455,381$4,493,460$2,346,865$12,617,012
76$29,064,282$4,624,092$2,335,937$13,658,434
77$31,936,471$4,758,304$2,321,823$14,799,719
78$35,098,712$4,896,183$2,304,326$16,050,905
79$38,580,502$5,037,816$2,283,241$17,423,047
80$42,414,338$5,183,294$2,258,355$18,928,329
81$46,636,032$5,332,707$2,229,441$20,580,172
82$51,285,045$5,486,147$2,196,265$22,393,365
83$56,404,859$5,643,708$2,158,580$24,384,200
84$62,043,390$5,805,485$2,116,128$26,570,630
85$68,253,436$5,971,574$2,068,638$28,972,437
86$75,093,178$6,142,073$2,015,829$31,611,416
87$82,626,727$6,317,079$1,957,404$34,511,583
88$90,924,730$6,496,693$1,893,054$37,699,402
89$100,065,037$6,681,016$1,822,456$41,204,032
90$110,133,434$6,870,149$1,745,271$45,057,604
91$121,224,453$7,064,195$1,661,147$49,295,523
92$133,442,264$7,263,257$1,569,712$53,956,803
93$146,901,659$7,467,441$1,470,582$59,084,436
94$161,729,133$7,676,850$1,363,351$64,725,795
95$178,064,080$7,891,591$1,247,598$70,933,082
96$196,060,106$8,111,770$1,122,883$77,763,824
97$215,886,483$8,337,492$988,745$85,281,409
98$237,729,739$8,568,864$844,703$93,555,692
99$261,795,427$8,805,993$690,255$102,663,650
100$288,310,058$9,048,984$524,877$112,690,107