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%15.2%
1 years$153,597$152,229$150,894$149,591$148,319$145,146
2 years$76,038$74,622$73,250$71,919$70,628$67,447
3 years$50,189$48,766$47,397$46,079$44,809$41,719
4 years$37,266$35,848$34,493$33,197$31,958$28,983
5 years$29,515$28,106$26,768$25,499$24,294$21,442
6 years$24,349$22,950$21,633$20,392$19,223$16,498
7 years$20,661$19,274$17,977$16,765$15,634$13,035
8 years$17,896$16,521$15,246$14,064$12,970$10,497
9 years$15,746$14,385$13,131$11,979$10,922$8,573
10 years$14,027$12,679$11,448$10,326$9,306$7,079
11 years$12,622$11,288$10,079$8,987$8,004$5,896
12 years$11,452$10,131$8,945$7,883$6,936$4,943
13 years$10,463$9,156$7,991$6,959$6,048$4,168
14 years$9,615$8,322$7,180$6,178$5,302$3,530
15 years$8,882$7,602$6,483$5,509$4,668$3,001
16 years$8,241$6,975$5,878$4,933$4,126$2,559
17 years$7,675$6,424$5,348$4,432$3,658$2,188
18 years$7,173$5,936$4,882$3,994$3,253$1,875
19 years$6,725$5,501$4,470$3,609$2,899$1,609
20 years$6,322$5,112$4,102$3,269$2,590$1,384
21 years$5,957$4,762$3,773$2,967$2,317$1,191
22 years$5,626$4,445$3,477$2,697$2,077$1,027
23 years$5,325$4,157$3,211$2,457$1,865$886
24 years$5,049$3,895$2,969$2,241$1,676$765
25 years$4,795$3,655$2,750$2,046$1,508$661
26 years$4,562$3,435$2,551$1,871$1,358$571
27 years$4,346$3,233$2,369$1,713$1,225$494
28 years$4,146$3,047$2,202$1,569$1,105$428
29 years$3,959$2,874$2,049$1,439$998$370
30 years$3,786$2,714$1,909$1,321$902$321
31 years$3,624$2,566$1,779$1,213$815$278
32 years$3,473$2,428$1,660$1,115$737$241
33 years$3,331$2,299$1,550$1,025$667$209
34 years$3,198$2,179$1,448$943$604$181
35 years$3,072$2,067$1,354$868$547$157
36 years$2,954$1,962$1,267$800$496$136
37 years$2,843$1,863$1,186$737$449$118
38 years$2,737$1,771$1,110$679$407$102
39 years$2,637$1,684$1,040$626$369$89
40 years$2,543$1,602$975$577$335$77
41 years$2,453$1,525$914$533$304$67
42 years$2,368$1,452$858$492$276$58
43 years$2,287$1,384$805$454$250$50
44 years$2,210$1,319$755$419$227$44
45 years$2,136$1,258$709$387$206$38
46 years$2,066$1,200$666$358$187$33
47 years$2,000$1,145$626$330$170$29
48 years$1,936$1,093$588$305$154$25
49 years$1,874$1,044$553$282$140$22
50 years$1,816$997$520$261$127$19

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 $3,089 every year, while hoping to spend $48,892 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: 69/20/11 Blend
45$1,860,000$1,860,000$1,860,000$1,860,000
46$2,052,906$1,954,326$1,925,496$2,189,639
47$2,210,282$1,998,068$1,937,980$2,324,531
48$2,382,071$2,042,314$1,949,243$2,465,857
49$2,569,693$2,087,037$1,959,193$2,619,176
50$2,774,709$2,132,209$1,967,732$2,785,660
51$2,998,837$2,177,796$1,974,760$2,966,597
52$3,243,972$2,223,761$1,980,168$3,163,406
53$3,512,197$2,270,065$1,983,843$3,377,652
54$3,805,807$2,316,664$1,985,668$3,611,057
55$4,127,330$2,363,511$1,985,518$3,865,518
56$4,479,547$2,410,553$1,983,263$4,143,127
57$4,865,525$2,457,734$1,978,766$4,446,185
58$5,288,637$2,504,992$1,971,884$4,777,231
59$5,752,603$2,552,261$1,962,466$5,139,061
60$6,261,515$2,599,468$1,950,355$5,534,755
61$6,819,884$2,646,537$1,935,387$5,967,706
62$7,432,677$2,693,382$1,917,387$6,441,656
63$8,105,366$2,739,913$1,896,175$6,960,724
64$8,843,977$2,786,033$1,871,561$7,529,453
65$9,655,150$2,831,636$1,843,346$8,152,846
66$10,546,200$2,876,610$1,811,322$8,836,417
67$11,525,182$2,920,834$1,775,271$9,586,243
68$12,600,974$2,964,178$1,734,966$10,409,020
69$13,783,353$3,006,503$1,690,167$11,312,128
70$15,083,093$3,047,660$1,640,626$12,303,699
71$16,512,063$3,087,489$1,586,081$13,392,695
72$18,083,338$3,125,821$1,526,259$14,588,991
73$19,811,325$3,162,472$1,460,876$15,903,473
74$21,711,896$3,197,250$1,389,631$17,348,134
75$23,802,540$3,229,946$1,312,214$18,936,194
76$26,102,524$3,260,338$1,228,299$20,682,220
77$28,633,079$3,288,192$1,137,545$22,602,267
78$31,417,596$3,313,256$1,039,595$24,714,030
79$34,481,847$3,335,263$934,078$27,037,006
80$37,854,232$3,353,926$820,605$29,592,686
81$41,566,039$3,368,945$698,772$32,404,752
82$45,651,747$3,379,995$568,153$35,499,307
83$50,149,346$3,386,735$428,306$38,905,113
84$55,100,695$3,388,800$278,770$42,653,873
85$60,551,918$3,385,805$119,062$46,780,522
86$66,553,842$3,377,337$0$51,323,565
87$73,162,470$3,362,962$0$56,331,465
88$80,439,511$3,342,217$0$61,860,260
89$88,452,967$3,314,611$0$67,947,566
90$97,277,767$3,279,625$0$74,650,247
91$106,996,478$3,236,705$0$82,030,971
92$117,700,084$3,185,269$0$90,158,796
93$129,488,841$3,124,696$0$99,109,826
94$142,473,228$3,054,330$0$108,967,927
95$156,774,982$2,973,477$0$119,825,522
96$172,528,253$2,881,401$0$131,784,461
97$189,880,869$2,777,324$0$144,956,984
98$208,995,725$2,660,421$0$159,466,782
99$230,052,328$2,529,820$0$175,450,163
100$253,248,484$2,384,599$0$193,057,344