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%11.1%
1 years$152,771$151,410$150,083$148,787$147,522$146,838
2 years$75,629$74,221$72,856$71,532$70,248$69,559
3 years$49,919$48,504$47,142$45,831$44,568$43,894
4 years$37,066$35,656$34,308$33,019$31,787$31,132
5 years$29,356$27,954$26,624$25,362$24,164$23,531
6 years$24,218$22,827$21,516$20,282$19,120$18,510
7 years$20,550$19,170$17,880$16,675$15,550$14,963
8 years$17,799$16,432$15,164$13,988$12,900$12,337
9 years$15,661$14,307$13,061$11,915$10,864$10,323
10 years$13,952$12,611$11,386$10,271$9,256$8,739
11 years$12,554$11,227$10,024$8,939$7,961$7,466
12 years$11,391$10,077$8,896$7,840$6,899$6,426
13 years$10,407$9,106$7,948$6,922$6,016$5,565
14 years$9,564$8,277$7,142$6,144$5,273$4,844
15 years$8,834$7,562$6,448$5,480$4,643$4,234
16 years$8,196$6,938$5,846$4,907$4,104$3,714
17 years$7,634$6,389$5,320$4,408$3,638$3,269
18 years$7,135$5,904$4,856$3,973$3,235$2,885
19 years$6,689$5,472$4,446$3,590$2,884$2,551
20 years$6,288$5,085$4,080$3,251$2,576$2,261
21 years$5,925$4,736$3,753$2,951$2,305$2,007
22 years$5,596$4,421$3,459$2,683$2,066$1,785
23 years$5,296$4,135$3,194$2,443$1,855$1,589
24 years$5,022$3,874$2,953$2,229$1,667$1,417
25 years$4,770$3,636$2,736$2,035$1,500$1,264
26 years$4,537$3,417$2,537$1,861$1,351$1,129
27 years$4,322$3,216$2,356$1,703$1,218$1,009
28 years$4,123$3,030$2,190$1,561$1,099$903
29 years$3,938$2,859$2,038$1,431$993$808
30 years$3,766$2,700$1,898$1,313$897$724
31 years$3,605$2,552$1,770$1,206$811$649
32 years$3,454$2,415$1,651$1,109$733$581
33 years$3,313$2,287$1,542$1,019$664$522
34 years$3,180$2,167$1,441$938$601$468
35 years$3,056$2,056$1,347$863$544$420
36 years$2,938$1,951$1,260$795$493$377
37 years$2,827$1,853$1,179$733$447$339
38 years$2,722$1,761$1,104$675$405$304
39 years$2,623$1,675$1,035$623$367$273
40 years$2,529$1,593$970$574$333$246
41 years$2,440$1,517$909$530$302$221
42 years$2,355$1,444$853$489$274$198
43 years$2,275$1,376$800$451$249$178
44 years$2,198$1,312$751$417$226$160
45 years$2,125$1,251$705$385$205$144
46 years$2,055$1,193$663$356$186$130
47 years$1,989$1,139$622$329$169$117
48 years$1,925$1,087$585$304$154$105
49 years$1,864$1,038$550$281$140$94
50 years$1,806$992$517$259$127$85

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 $3,550 every year, while hoping to spend $43,119 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: 66/13/21 Blend
45$1,850,000$1,850,000$1,850,000$1,850,000
46$2,042,362$1,944,312$1,915,637$2,166,061
47$2,204,804$1,993,705$1,933,932$2,298,914
48$2,382,371$2,044,073$1,951,396$2,438,838
49$2,576,559$2,095,418$1,967,953$2,590,790
50$2,789,016$2,147,742$1,983,528$2,755,954
51$3,021,558$2,201,044$1,998,038$2,935,633
52$3,276,183$2,255,321$2,011,399$3,131,260
53$3,555,092$2,310,570$2,023,519$3,344,417
54$3,860,709$2,366,786$2,034,305$3,576,846
55$4,195,704$2,423,960$2,043,656$3,830,466
56$4,563,015$2,482,085$2,051,469$4,107,391
57$4,965,883$2,541,146$2,057,632$4,409,950
58$5,407,872$2,601,131$2,062,032$4,740,712
59$5,892,911$2,662,023$2,064,546$5,102,504
60$6,425,327$2,723,802$2,065,048$5,498,444
61$7,009,887$2,786,445$2,063,404$5,931,967
62$7,651,841$2,849,926$2,059,474$6,406,857
63$8,356,974$2,914,217$2,053,111$6,927,286
64$9,131,656$2,979,285$2,044,161$7,497,850
65$9,982,907$3,045,092$2,032,462$8,123,615
66$10,918,460$3,111,598$2,017,847$8,810,163
67$11,946,835$3,178,758$2,000,136$9,563,645
68$13,077,416$3,246,522$1,979,145$10,390,842
69$14,320,545$3,314,834$1,954,679$11,299,224
70$15,687,614$3,383,634$1,926,534$12,297,025
71$17,191,175$3,452,856$1,894,497$13,393,320
72$18,845,057$3,522,428$1,858,345$14,598,108
73$20,664,497$3,592,271$1,817,843$15,922,410
74$22,666,283$3,662,299$1,772,748$17,378,373
75$24,868,912$3,732,420$1,722,804$18,979,382
76$27,292,765$3,802,533$1,667,742$20,740,188
77$29,960,299$3,872,530$1,607,283$22,677,049
78$32,896,258$3,942,291$1,541,135$24,807,883
79$36,127,904$4,011,692$1,468,991$27,152,435
80$39,685,279$4,080,594$1,390,531$29,732,468
81$43,601,485$4,148,850$1,305,422$32,571,964
82$47,912,996$4,216,303$1,213,312$35,697,354
83$52,660,002$4,282,782$1,113,839$39,137,768
84$57,886,788$4,348,105$1,006,619$42,925,309
85$63,642,154$4,412,076$891,254$47,095,355
86$69,979,871$4,474,485$767,328$51,686,897
87$76,959,191$4,535,108$634,407$56,742,905
88$84,645,405$4,593,704$492,036$62,310,737
89$93,110,459$4,650,018$339,742$68,442,582
90$102,433,632$4,703,775$177,029$75,195,958
91$112,702,284$4,754,682$3,381$82,634,252
92$124,012,682$4,802,427$0$90,827,320
93$136,470,906$4,846,676$0$99,892,916
94$150,193,850$4,887,074$0$109,878,576
95$165,310,326$4,923,244$0$120,877,178
96$181,962,279$4,954,783$0$132,991,904
97$200,306,125$4,981,261$0$146,336,461
98$220,514,230$5,002,223$0$161,036,150
99$242,776,534$5,017,184$0$177,229,050
100$267,302,343$5,025,628$0$195,067,325