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%12.6%
1 years$151,120$149,774$148,460$147,178$145,927$144,343
2 years$74,812$73,418$72,068$70,759$69,489$67,894
3 years$49,379$47,980$46,633$45,336$44,087$42,530
4 years$36,665$35,270$33,937$32,662$31,443$29,937
5 years$29,039$27,652$26,336$25,088$23,902$22,452
6 years$23,956$22,580$21,284$20,063$18,913$17,519
7 years$20,327$18,963$17,687$16,495$15,381$14,045
8 years$17,607$16,255$15,000$13,837$12,760$11,481
9 years$15,492$14,153$12,919$11,786$10,746$9,524
10 years$13,801$12,475$11,263$10,160$9,156$7,990
11 years$12,419$11,106$9,916$8,842$7,875$6,763
12 years$11,267$9,968$8,800$7,756$6,824$5,766
13 years$10,294$9,008$7,862$6,847$5,951$4,946
14 years$9,460$8,188$7,064$6,078$5,216$4,263
15 years$8,739$7,480$6,378$5,421$4,593$3,689
16 years$8,108$6,863$5,783$4,853$4,059$3,203
17 years$7,551$6,320$5,262$4,361$3,599$2,790
18 years$7,058$5,840$4,804$3,930$3,200$2,436
19 years$6,616$5,413$4,398$3,551$2,852$2,131
20 years$6,220$5,030$4,036$3,216$2,548$1,868
21 years$5,861$4,685$3,712$2,919$2,280$1,640
22 years$5,536$4,373$3,421$2,654$2,044$1,442
23 years$5,239$4,090$3,159$2,417$1,835$1,270
24 years$4,967$3,832$2,922$2,204$1,649$1,119
25 years$4,718$3,596$2,706$2,013$1,484$987
26 years$4,488$3,380$2,510$1,841$1,337$871
27 years$4,276$3,181$2,330$1,685$1,205$770
28 years$4,079$2,997$2,166$1,544$1,087$680
29 years$3,896$2,828$2,016$1,416$982$602
30 years$3,725$2,670$1,878$1,299$887$532
31 years$3,566$2,524$1,751$1,193$802$471
32 years$3,417$2,389$1,633$1,097$726$417
33 years$3,277$2,262$1,525$1,008$657$370
34 years$3,146$2,144$1,425$928$594$327
35 years$3,023$2,034$1,332$854$538$290
36 years$2,906$1,930$1,246$787$488$257
37 years$2,797$1,833$1,167$725$442$228
38 years$2,693$1,742$1,092$668$401$202
39 years$2,595$1,657$1,023$616$364$179
40 years$2,502$1,576$959$568$330$159
41 years$2,414$1,500$899$524$299$141
42 years$2,330$1,429$844$484$271$125
43 years$2,250$1,361$792$447$246$111
44 years$2,174$1,298$743$412$224$99
45 years$2,102$1,237$698$381$203$88
46 years$2,033$1,181$655$352$184$78
47 years$1,967$1,127$616$325$167$69
48 years$1,904$1,075$579$300$152$61
49 years$1,844$1,027$544$278$138$54
50 years$1,787$981$511$257$125$48

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 $6,745 every year, while hoping to spend $34,300 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: 67/25/8 Blend
45$1,830,000$1,830,000$1,830,000$1,830,000
46$2,023,617$1,926,627$1,898,262$2,155,745
47$2,193,532$1,984,537$1,925,359$2,302,245
48$2,379,627$2,044,135$1,952,214$2,457,592
49$2,583,519$2,105,467$1,978,783$2,626,513
50$2,806,984$2,168,582$2,005,019$2,810,330
51$3,051,982$2,233,527$2,030,872$3,010,495
52$3,320,667$2,300,353$2,056,290$3,228,612
53$3,615,416$2,369,112$2,081,216$3,466,441
54$3,938,845$2,439,854$2,105,593$3,725,925
55$4,293,835$2,512,635$2,129,359$4,009,199
56$4,683,561$2,587,509$2,152,447$4,318,616
57$5,111,519$2,664,532$2,174,789$4,656,768
58$5,581,561$2,743,761$2,196,311$5,026,507
59$6,097,931$2,825,256$2,216,938$5,430,975
60$6,665,302$2,909,076$2,236,588$5,873,633
61$7,288,825$2,995,282$2,255,175$6,358,293
62$7,974,172$3,083,939$2,272,611$6,889,152
63$8,727,594$3,175,108$2,288,800$7,470,834
64$9,555,977$3,268,857$2,303,644$8,108,432
65$10,466,908$3,365,252$2,317,037$8,807,558
66$11,468,744$3,464,361$2,328,869$9,574,390
67$12,570,696$3,566,254$2,339,026$10,415,739
68$13,782,909$3,671,003$2,347,385$11,339,104
69$15,116,562$3,778,679$2,353,819$12,352,747
70$16,583,974$3,889,356$2,358,195$13,465,772
71$18,198,716$4,003,111$2,360,371$14,688,208
72$19,975,741$4,120,020$2,360,200$16,031,104
73$21,931,527$4,240,162$2,357,527$17,506,633
74$24,084,229$4,363,615$2,352,190$19,128,207
75$26,453,850$4,490,462$2,344,018$20,910,605
76$29,062,433$4,620,785$2,332,832$22,870,106
77$31,934,265$4,754,667$2,318,446$25,024,651
78$35,096,109$4,892,196$2,300,664$27,394,007
79$38,577,455$5,033,456$2,279,279$29,999,951
80$42,410,797$5,178,536$2,254,076$32,866,483
81$46,631,940$5,327,527$2,224,829$36,020,043
82$51,280,341$5,480,518$2,191,304$39,489,767
83$56,399,474$5,637,602$2,153,251$43,307,761
84$62,037,248$5,798,872$2,110,412$47,509,398
85$68,246,453$5,964,422$2,062,517$52,133,660
86$75,085,261$6,134,349$2,009,281$57,223,498
87$82,617,774$6,308,749$1,950,409$62,826,244
88$90,914,629$6,487,720$1,885,589$68,994,051
89$100,053,663$6,671,360$1,814,498$75,784,388
90$110,120,650$6,859,769$1,736,797$83,260,585
91$121,210,107$7,053,048$1,652,130$91,492,425
92$133,426,188$7,251,298$1,560,127$100,556,806
93$146,883,669$7,454,621$1,460,401$110,538,464
94$161,709,024$7,663,119$1,352,546$121,530,777
95$178,041,628$7,876,895$1,236,139$133,636,641
96$196,035,063$8,096,052$1,110,738$146,969,444
97$215,858,573$8,320,693$975,882$161,654,135
98$237,698,662$8,550,921$831,089$177,828,403
99$261,760,849$8,786,840$675,854$195,643,978
100$288,271,612$9,028,551$509,651$215,268,063