Can I retire at age 46 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$153,597$152,229$150,894$149,591$148,319$143,571
2 years$76,038$74,622$73,250$71,919$70,628$65,889
3 years$50,189$48,766$47,397$46,079$44,809$40,227
4 years$37,266$35,848$34,493$33,197$31,958$27,568
5 years$29,515$28,106$26,768$25,499$24,294$20,108
6 years$24,349$22,950$21,633$20,392$19,223$15,244
7 years$20,661$19,274$17,977$16,765$15,634$11,861
8 years$17,896$16,521$15,246$14,064$12,970$9,402
9 years$15,746$14,385$13,131$11,979$10,922$7,555
10 years$14,027$12,679$11,448$10,326$9,306$6,134
11 years$12,622$11,288$10,079$8,987$8,004$5,021
12 years$11,452$10,131$8,945$7,883$6,936$4,136
13 years$10,463$9,156$7,991$6,959$6,048$3,424
14 years$9,615$8,322$7,180$6,178$5,302$2,847
15 years$8,882$7,602$6,483$5,509$4,668$2,375
16 years$8,241$6,975$5,878$4,933$4,126$1,986
17 years$7,675$6,424$5,348$4,432$3,658$1,665
18 years$7,173$5,936$4,882$3,994$3,253$1,399
19 years$6,725$5,501$4,470$3,609$2,899$1,177
20 years$6,322$5,112$4,102$3,269$2,590$991
21 years$5,957$4,762$3,773$2,967$2,317$836
22 years$5,626$4,445$3,477$2,697$2,077$705
23 years$5,325$4,157$3,211$2,457$1,865$596
24 years$5,049$3,895$2,969$2,241$1,676$504
25 years$4,795$3,655$2,750$2,046$1,508$426
26 years$4,562$3,435$2,551$1,871$1,358$360
27 years$4,346$3,233$2,369$1,713$1,225$305
28 years$4,146$3,047$2,202$1,569$1,105$258
29 years$3,959$2,874$2,049$1,439$998$219
30 years$3,786$2,714$1,909$1,321$902$185
31 years$3,624$2,566$1,779$1,213$815$157
32 years$3,473$2,428$1,660$1,115$737$133
33 years$3,331$2,299$1,550$1,025$667$113
34 years$3,198$2,179$1,448$943$604$96
35 years$3,072$2,067$1,354$868$547$81
36 years$2,954$1,962$1,267$800$496$69
37 years$2,843$1,863$1,186$737$449$58
38 years$2,737$1,771$1,110$679$407$49
39 years$2,637$1,684$1,040$626$369$42
40 years$2,543$1,602$975$577$335$35
41 years$2,453$1,525$914$533$304$30
42 years$2,368$1,452$858$492$276$26
43 years$2,287$1,384$805$454$250$22
44 years$2,210$1,319$755$419$227$18
45 years$2,136$1,258$709$387$206$16
46 years$2,066$1,200$666$358$187$13
47 years$2,000$1,145$626$330$170$11
48 years$1,936$1,093$588$305$154$9
49 years$1,874$1,044$553$282$140$8
50 years$1,816$997$520$261$127$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,860,000, adding $4,469 every year, while hoping to spend $23,378 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: 52/32/16 Blend
45$1,860,000$1,860,000$1,860,000$1,860,000
46$2,054,330$1,955,750$1,926,920$2,152,013
47$2,238,997$2,026,708$1,966,598$2,290,399
48$2,441,718$2,100,359$2,006,821$2,437,999
49$2,664,307$2,176,810$2,047,584$2,598,015
50$2,908,767$2,256,175$2,088,878$2,771,632
51$3,177,302$2,338,568$2,130,697$2,960,150
52$3,472,340$2,424,111$2,173,028$3,164,999
53$3,796,558$2,512,932$2,215,864$3,387,755
54$4,152,901$2,605,160$2,259,190$3,630,148
55$4,544,619$2,700,934$2,302,994$3,894,083
56$4,975,287$2,800,397$2,347,262$4,181,655
57$5,448,848$2,903,698$2,391,976$4,495,171
58$5,969,643$3,010,992$2,437,120$4,837,168
59$6,542,457$3,122,442$2,482,675$5,210,440
60$7,172,562$3,238,215$2,528,618$5,618,059
61$7,865,765$3,358,489$2,574,929$6,063,410
62$8,628,465$3,483,447$2,621,581$6,550,218
63$9,467,712$3,613,280$2,668,548$7,082,581
64$10,391,276$3,748,188$2,715,801$7,665,016
65$11,407,716$3,888,379$2,763,310$8,302,490
66$12,526,464$4,034,070$2,811,042$9,000,477
67$13,757,911$4,185,488$2,858,960$9,765,002
68$15,113,509$4,342,868$2,907,026$10,602,699
69$16,605,875$4,506,457$2,955,200$11,520,875
70$18,248,912$4,676,511$3,003,437$12,527,577
71$20,057,941$4,853,299$3,051,691$13,631,664
72$22,049,840$5,037,100$3,099,912$14,842,897
73$24,243,212$5,228,207$3,148,048$16,172,023
74$26,658,553$5,426,922$3,196,041$17,630,881
75$29,318,449$5,633,565$3,243,831$19,232,510
76$32,247,787$5,848,465$3,291,356$20,991,273
77$35,473,991$6,071,970$3,338,546$22,922,989
78$39,027,282$6,304,440$3,385,331$25,045,086
79$42,940,958$6,546,252$3,431,633$27,376,759
80$47,251,716$6,797,798$3,477,373$29,939,155
81$51,999,991$7,059,490$3,522,465$32,755,569
82$57,230,341$7,331,756$3,566,818$35,851,663
83$62,991,866$7,615,042$3,610,337$39,255,710
84$69,338,674$7,909,817$3,652,921$42,998,854
85$76,330,388$8,216,567$3,694,464$47,115,408
86$84,032,711$8,535,802$3,734,851$51,643,174
87$92,518,044$8,868,053$3,773,965$56,623,802
88$101,866,173$9,213,876$3,811,681$62,103,177
89$112,165,015$9,573,849$3,847,865$68,131,852
90$123,511,458$9,948,578$3,882,379$74,765,527
91$136,012,264$10,338,696$3,915,077$82,065,571
92$149,785,085$10,744,862$3,945,802$90,099,598
93$164,959,571$11,167,767$3,974,393$98,942,108
94$181,678,591$11,608,132$4,000,679$108,675,186
95$200,099,585$12,066,708$4,024,480$119,389,272
96$220,396,048$12,544,283$4,045,606$131,184,020
97$242,759,170$13,041,677$4,063,858$144,169,232
98$267,399,635$13,559,749$4,079,028$158,465,893
99$294,549,618$14,099,397$4,090,895$174,207,313
100$324,464,968$14,661,557$4,099,229$191,540,380