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%
1 years$151,120$149,774$148,460$147,178$145,927$144,103
2 years$74,812$73,418$72,068$70,759$69,489$67,654
3 years$49,379$47,980$46,633$45,336$44,087$42,297
4 years$36,665$35,270$33,937$32,662$31,443$29,713
5 years$29,039$27,652$26,336$25,088$23,902$22,237
6 years$23,956$22,580$21,284$20,063$18,913$17,314
7 years$20,327$18,963$17,687$16,495$15,381$13,850
8 years$17,607$16,255$15,000$13,837$12,760$11,296
9 years$15,492$14,153$12,919$11,786$10,746$9,348
10 years$13,801$12,475$11,263$10,160$9,156$7,823
11 years$12,419$11,106$9,916$8,842$7,875$6,606
12 years$11,267$9,968$8,800$7,756$6,824$5,618
13 years$10,294$9,008$7,862$6,847$5,951$4,806
14 years$9,460$8,188$7,064$6,078$5,216$4,131
15 years$8,739$7,480$6,378$5,421$4,593$3,565
16 years$8,108$6,863$5,783$4,853$4,059$3,088
17 years$7,551$6,320$5,262$4,361$3,599$2,682
18 years$7,058$5,840$4,804$3,930$3,200$2,335
19 years$6,616$5,413$4,398$3,551$2,852$2,037
20 years$6,220$5,030$4,036$3,216$2,548$1,780
21 years$5,861$4,685$3,712$2,919$2,280$1,558
22 years$5,536$4,373$3,421$2,654$2,044$1,366
23 years$5,239$4,090$3,159$2,417$1,835$1,199
24 years$4,967$3,832$2,922$2,204$1,649$1,053
25 years$4,718$3,596$2,706$2,013$1,484$926
26 years$4,488$3,380$2,510$1,841$1,337$815
27 years$4,276$3,181$2,330$1,685$1,205$718
28 years$4,079$2,997$2,166$1,544$1,087$632
29 years$3,896$2,828$2,016$1,416$982$557
30 years$3,725$2,670$1,878$1,299$887$491
31 years$3,566$2,524$1,751$1,193$802$434
32 years$3,417$2,389$1,633$1,097$726$383
33 years$3,277$2,262$1,525$1,008$657$338
34 years$3,146$2,144$1,425$928$594$298
35 years$3,023$2,034$1,332$854$538$264
36 years$2,906$1,930$1,246$787$488$233
37 years$2,797$1,833$1,167$725$442$206
38 years$2,693$1,742$1,092$668$401$182
39 years$2,595$1,657$1,023$616$364$161
40 years$2,502$1,576$959$568$330$142
41 years$2,414$1,500$899$524$299$126
42 years$2,330$1,429$844$484$271$111
43 years$2,250$1,361$792$447$246$98
44 years$2,174$1,298$743$412$224$87
45 years$2,102$1,237$698$381$203$77
46 years$2,033$1,181$655$352$184$68
47 years$1,967$1,127$616$325$167$60
48 years$1,904$1,075$579$300$152$53
49 years$1,844$1,027$544$278$138$47
50 years$1,787$981$511$257$125$42

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 $3,150 every year, while hoping to spend $56,243 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: 67/16/17 Blend
45$1,830,000$1,830,000$1,830,000$1,830,000
46$2,019,909$1,922,919$1,894,554$2,146,720
47$2,166,098$1,957,300$1,898,180$2,266,230
48$2,325,313$1,991,481$1,900,042$2,390,003
49$2,498,823$2,025,392$1,900,021$2,523,960
50$2,688,026$2,058,959$1,897,995$2,669,098
51$2,894,458$2,092,102$1,893,832$2,826,516
52$3,119,813$2,124,735$1,887,395$2,997,426
53$3,365,953$2,156,765$1,878,542$3,183,161
54$3,634,928$2,188,095$1,867,121$3,385,194
55$3,928,997$2,218,618$1,852,975$3,605,146
56$4,250,645$2,248,220$1,835,940$3,844,805
57$4,602,609$2,276,781$1,815,843$4,106,141
58$4,987,903$2,304,172$1,792,501$4,391,325
59$5,409,845$2,330,252$1,765,726$4,702,753
60$5,872,091$2,354,876$1,735,320$5,043,062
61$6,378,665$2,377,885$1,701,073$5,415,161
62$6,933,999$2,399,112$1,662,770$5,822,258
63$7,542,976$2,418,378$1,620,181$6,267,886
64$8,210,972$2,435,491$1,573,070$6,755,943
65$8,943,910$2,450,249$1,521,187$7,290,724
66$9,748,313$2,462,435$1,464,271$7,876,962
67$10,631,368$2,471,821$1,402,051$8,519,878
68$11,600,989$2,478,162$1,334,241$9,225,226
69$12,665,895$2,481,198$1,260,544$9,999,346
70$13,835,693$2,480,653$1,180,649$10,849,231
71$15,120,964$2,476,235$1,094,230$11,782,588
72$16,533,363$2,467,632$1,000,948$12,807,911
73$18,085,735$2,454,514$900,448$13,934,565
74$19,792,226$2,436,532$792,360$15,172,873
75$21,668,425$2,413,313$676,295$16,534,213
76$23,731,504$2,384,465$551,851$18,031,128
77$26,000,383$2,349,569$418,603$19,677,444
78$28,495,908$2,308,184$276,113$21,488,400
79$31,241,046$2,259,841$123,918$23,480,796
80$34,261,103$2,204,044$0$25,673,147
81$37,583,960$2,140,267$0$28,092,848
82$41,240,338$2,067,953$0$30,779,853
83$45,264,085$1,986,515$0$33,736,554
84$49,692,496$1,895,330$0$36,990,383
85$54,566,668$1,793,738$0$40,571,570
86$59,931,879$1,681,042$0$44,513,430
87$65,838,023$1,556,505$0$48,852,678
88$72,340,076$1,419,349$0$53,629,772
89$79,498,616$1,268,749$0$58,889,301
90$87,380,392$1,103,835$0$64,680,402
91$96,058,957$923,687$0$71,057,226
92$105,615,356$727,334$0$78,079,449
93$116,138,897$513,748$0$85,812,839
94$127,727,989$281,846$0$94,329,870
95$140,491,071$30,483$0$103,710,415
96$154,547,633$0$0$114,042,496
97$170,029,349$0$0$125,465,644
98$187,081,313$0$0$138,053,466
99$205,863,410$0$0$151,918,640
100$226,551,824$0$0$167,191,250