Can I retire at age 46 with 1,850,000?

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 $1,850,000?

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$152,771$151,410$150,083$148,787$147,522$145,920
2 years$75,629$74,221$72,856$71,532$70,248$68,636
3 years$49,919$48,504$47,142$45,831$44,568$42,995
4 years$37,066$35,656$34,308$33,019$31,787$30,264
5 years$29,356$27,954$26,624$25,362$24,164$22,697
6 years$24,218$22,827$21,516$20,282$19,120$17,711
7 years$20,550$19,170$17,880$16,675$15,550$14,198
8 years$17,799$16,432$15,164$13,988$12,900$11,607
9 years$15,661$14,307$13,061$11,915$10,864$9,628
10 years$13,952$12,611$11,386$10,271$9,256$8,077
11 years$12,554$11,227$10,024$8,939$7,961$6,837
12 years$11,391$10,077$8,896$7,840$6,899$5,830
13 years$10,407$9,106$7,948$6,922$6,016$5,000
14 years$9,564$8,277$7,142$6,144$5,273$4,309
15 years$8,834$7,562$6,448$5,480$4,643$3,729
16 years$8,196$6,938$5,846$4,907$4,104$3,238
17 years$7,634$6,389$5,320$4,408$3,638$2,820
18 years$7,135$5,904$4,856$3,973$3,235$2,463
19 years$6,689$5,472$4,446$3,590$2,884$2,155
20 years$6,288$5,085$4,080$3,251$2,576$1,889
21 years$5,925$4,736$3,753$2,951$2,305$1,658
22 years$5,596$4,421$3,459$2,683$2,066$1,458
23 years$5,296$4,135$3,194$2,443$1,855$1,284
24 years$5,022$3,874$2,953$2,229$1,667$1,131
25 years$4,770$3,636$2,736$2,035$1,500$998
26 years$4,537$3,417$2,537$1,861$1,351$881
27 years$4,322$3,216$2,356$1,703$1,218$778
28 years$4,123$3,030$2,190$1,561$1,099$688
29 years$3,938$2,859$2,038$1,431$993$608
30 years$3,766$2,700$1,898$1,313$897$538
31 years$3,605$2,552$1,770$1,206$811$476
32 years$3,454$2,415$1,651$1,109$733$422
33 years$3,313$2,287$1,542$1,019$664$374
34 years$3,180$2,167$1,441$938$601$331
35 years$3,056$2,056$1,347$863$544$293
36 years$2,938$1,951$1,260$795$493$260
37 years$2,827$1,853$1,179$733$447$231
38 years$2,722$1,761$1,104$675$405$205
39 years$2,623$1,675$1,035$623$367$181
40 years$2,529$1,593$970$574$333$161
41 years$2,440$1,517$909$530$302$143
42 years$2,355$1,444$853$489$274$127
43 years$2,275$1,376$800$451$249$112
44 years$2,198$1,312$751$417$226$100
45 years$2,125$1,251$705$385$205$89
46 years$2,055$1,193$663$356$186$79
47 years$1,989$1,139$622$329$169$70
48 years$1,925$1,087$585$304$154$62
49 years$1,864$1,038$550$281$140$55
50 years$1,806$992$517$259$127$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,850,000, adding $2,159 every year, while hoping to spend $38,576 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: 72/12/16 Blend
45$1,850,000$1,850,000$1,850,000$1,850,000
46$2,040,927$1,942,877$1,914,202$2,180,266
47$2,208,057$1,997,033$1,937,283$2,327,172
48$2,390,941$2,052,551$1,959,845$2,483,109
49$2,591,146$2,109,454$1,981,828$2,652,870
50$2,810,396$2,167,771$2,003,173$2,837,819
51$3,050,591$2,227,526$2,023,814$3,039,455
52$3,313,822$2,288,745$2,043,682$3,259,428
53$3,602,393$2,351,455$2,062,706$3,499,559
54$3,918,840$2,415,680$2,080,810$3,761,852
55$4,265,959$2,481,445$2,097,915$4,048,513
56$4,646,827$2,548,776$2,113,935$4,361,973
57$5,064,834$2,617,697$2,128,783$4,704,913
58$5,523,716$2,688,232$2,142,365$5,080,282
59$6,027,584$2,760,405$2,154,583$5,491,331
60$6,580,971$2,834,238$2,165,335$5,941,641
61$7,188,869$2,909,754$2,174,513$6,435,159
62$7,856,776$2,986,975$2,182,001$6,976,231
63$8,590,751$3,065,921$2,187,682$7,569,647
64$9,397,468$3,146,611$2,191,430$8,220,686
65$10,284,279$3,229,065$2,193,113$8,935,161
66$11,259,286$3,313,299$2,192,593$9,719,479
67$12,331,413$3,399,331$2,189,724$10,580,700
68$13,510,493$3,487,174$2,184,355$11,526,602
69$14,807,359$3,576,841$2,176,327$12,565,757
70$16,233,947$3,668,344$2,165,472$13,707,610
71$17,803,409$3,761,692$2,151,614$14,962,566
72$19,530,234$3,856,893$2,134,571$16,342,094
73$21,430,389$3,953,951$2,114,150$17,858,831
74$23,521,463$4,052,869$2,090,148$19,526,701
75$25,822,840$4,153,647$2,062,356$21,361,049
76$28,355,876$4,256,282$2,030,551$23,378,782
77$31,144,103$4,360,768$1,994,503$25,598,535
78$34,213,452$4,467,096$1,953,969$28,040,838
79$37,592,493$4,575,252$1,908,695$30,728,319
80$41,312,707$4,685,220$1,858,417$33,685,910
81$45,408,786$4,796,978$1,802,856$36,941,088
82$49,918,954$4,910,501$1,741,723$40,524,131
83$54,885,330$5,025,759$1,674,714$44,468,405
84$60,354,328$5,142,716$1,601,512$48,810,679
85$66,377,091$5,261,330$1,521,784$53,591,472
86$73,009,974$5,381,555$1,435,183$58,855,436
87$80,315,077$5,503,338$1,341,348$64,651,778
88$88,360,831$5,626,617$1,239,899$71,034,722
89$97,222,641$5,751,326$1,130,440$78,064,025
90$106,983,598$5,877,389$1,012,558$85,805,538
91$117,735,267$6,004,723$885,821$94,331,829
92$129,578,546$6,133,236$749,778$103,722,870
93$142,624,619$6,262,826$603,957$114,066,788
94$156,996,007$6,393,381$447,866$125,460,701
95$172,827,722$6,524,780$280,992$138,011,634
96$190,268,544$6,656,887$102,799$151,837,528
97$209,482,419$6,789,559$0$167,068,355
98$230,650,014$6,922,635$0$183,862,263
99$253,970,415$7,055,945$0$202,381,877
100$279,663,012$7,189,300$0$222,783,674