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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.7%
1 years$152,771$151,410$150,083$148,787$147,522$146,469
2 years$75,629$74,221$72,856$71,532$70,248$69,187
3 years$49,919$48,504$47,142$45,831$44,568$43,531
4 years$37,066$35,656$34,308$33,019$31,787$30,781
5 years$29,356$27,954$26,624$25,362$24,164$23,194
6 years$24,218$22,827$21,516$20,282$19,120$18,186
7 years$20,550$19,170$17,880$16,675$15,550$14,652
8 years$17,799$16,432$15,164$13,988$12,900$12,039
9 years$15,661$14,307$13,061$11,915$10,864$10,040
10 years$13,952$12,611$11,386$10,271$9,256$8,468
11 years$12,554$11,227$10,024$8,939$7,961$7,208
12 years$11,391$10,077$8,896$7,840$6,899$6,181
13 years$10,407$9,106$7,948$6,922$6,016$5,332
14 years$9,564$8,277$7,142$6,144$5,273$4,623
15 years$8,834$7,562$6,448$5,480$4,643$4,025
16 years$8,196$6,938$5,846$4,907$4,104$3,517
17 years$7,634$6,389$5,320$4,408$3,638$3,082
18 years$7,135$5,904$4,856$3,973$3,235$2,708
19 years$6,689$5,472$4,446$3,590$2,884$2,385
20 years$6,288$5,085$4,080$3,251$2,576$2,105
21 years$5,925$4,736$3,753$2,951$2,305$1,860
22 years$5,596$4,421$3,459$2,683$2,066$1,647
23 years$5,296$4,135$3,194$2,443$1,855$1,460
24 years$5,022$3,874$2,953$2,229$1,667$1,295
25 years$4,770$3,636$2,736$2,035$1,500$1,150
26 years$4,537$3,417$2,537$1,861$1,351$1,023
27 years$4,322$3,216$2,356$1,703$1,218$910
28 years$4,123$3,030$2,190$1,561$1,099$810
29 years$3,938$2,859$2,038$1,431$993$722
30 years$3,766$2,700$1,898$1,313$897$643
31 years$3,605$2,552$1,770$1,206$811$574
32 years$3,454$2,415$1,651$1,109$733$512
33 years$3,313$2,287$1,542$1,019$664$457
34 years$3,180$2,167$1,441$938$601$408
35 years$3,056$2,056$1,347$863$544$364
36 years$2,938$1,951$1,260$795$493$325
37 years$2,827$1,853$1,179$733$447$291
38 years$2,722$1,761$1,104$675$405$260
39 years$2,623$1,675$1,035$623$367$232
40 years$2,529$1,593$970$574$333$208
41 years$2,440$1,517$909$530$302$186
42 years$2,355$1,444$853$489$274$166
43 years$2,275$1,376$800$451$249$148
44 years$2,198$1,312$751$417$226$133
45 years$2,125$1,251$705$385$205$119
46 years$2,055$1,193$663$356$186$106
47 years$1,989$1,139$622$329$169$95
48 years$1,925$1,087$585$304$154$85
49 years$1,864$1,038$550$281$140$76
50 years$1,806$992$517$259$127$68

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 $6,470 every year, while hoping to spend $47,363 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: 33/45/22 Blend
45$1,850,000$1,850,000$1,850,000$1,850,000
46$2,045,374$1,947,324$1,918,649$2,098,877
47$2,203,608$1,992,349$1,932,530$2,184,430
48$2,376,395$2,037,993$1,945,288$2,271,813
49$2,565,168$2,084,236$1,956,837$2,365,021
50$2,771,508$2,131,055$1,967,083$2,464,596
51$2,997,152$2,178,427$1,975,930$2,571,137
52$3,244,014$2,226,323$1,983,277$2,685,304
53$3,514,203$2,274,713$1,989,016$2,807,825
54$3,810,039$2,323,561$1,993,036$2,939,502
55$4,134,078$2,372,830$1,995,217$3,081,220
56$4,489,135$2,422,480$1,995,438$3,233,955
57$4,878,309$2,472,463$1,993,567$3,398,784
58$5,305,014$2,522,731$1,989,469$3,576,893
59$5,773,010$2,573,230$1,983,001$3,769,593
60$6,286,438$2,623,900$1,974,013$3,978,327
61$6,849,861$2,674,677$1,962,348$4,204,688
62$7,468,302$2,725,491$1,947,842$4,450,433
63$8,147,297$2,776,268$1,930,323$4,717,502
64$8,892,941$2,826,925$1,909,609$5,008,030
65$9,711,952$2,877,375$1,885,511$5,324,378
66$10,611,728$2,927,523$1,857,833$5,669,144
67$11,600,419$2,977,267$1,826,365$6,045,199
68$12,687,005$3,026,497$1,790,892$6,455,706
69$13,881,378$3,075,094$1,751,185$6,904,156
70$15,194,437$3,122,931$1,707,008$7,394,398
71$16,638,188$3,169,874$1,658,112$7,930,679
72$18,225,861$3,215,774$1,604,235$8,517,680
73$19,972,028$3,260,478$1,545,107$9,160,567
74$21,892,750$3,303,816$1,480,443$9,865,036
75$24,005,718$3,345,610$1,409,946$10,637,370
76$26,330,426$3,385,670$1,333,303$11,484,495
77$28,888,352$3,423,790$1,250,191$12,414,054
78$31,703,161$3,459,753$1,160,270$13,434,473
79$34,800,929$3,493,326$1,063,185$14,555,043
80$38,210,387$3,524,263$958,565$15,786,013
81$41,963,192$3,552,297$846,022$17,138,681
82$46,094,227$3,577,149$725,153$18,625,510
83$50,641,927$3,598,518$595,535$20,260,239
84$55,648,644$3,616,086$456,726$22,058,019
85$61,161,045$3,629,514$308,266$24,035,558
86$67,230,553$3,638,441$149,674$26,211,276
87$73,913,830$3,642,485$0$28,605,484
88$81,273,313$3,641,239$0$31,245,172
89$89,377,801$3,634,270$0$34,188,231
90$98,303,107$3,621,120$0$37,426,840
91$108,132,771$3,601,301$0$40,991,151
92$118,958,847$3,574,299$0$44,914,394
93$130,882,774$3,539,564$0$49,233,200
94$144,016,330$3,496,515$0$53,987,942
95$158,482,689$3,444,538$0$59,223,122
96$174,417,583$3,382,980$0$64,987,791
97$191,970,580$3,311,150$0$71,336,015
98$211,306,499$3,228,316$0$78,327,384
99$232,606,962$3,133,703$0$86,027,580
100$256,072,108$3,026,491$0$94,508,997