Can I retire at age 46 with 1,870,000?

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$154,423$153,047$151,705$150,395$149,116$147,375
2 years$76,447$75,023$73,643$72,306$71,008$69,255
3 years$50,458$49,028$47,652$46,327$45,050$43,341
4 years$37,467$36,041$34,679$33,376$32,130$30,477
5 years$29,674$28,257$26,912$25,636$24,425$22,833
6 years$24,480$23,074$21,749$20,501$19,327$17,797
7 years$20,772$19,377$18,073$16,855$15,718$14,252
8 years$17,992$16,610$15,328$14,139$13,039$11,637
9 years$15,831$14,462$13,202$12,044$10,981$9,642
10 years$14,103$12,747$11,510$10,382$9,356$8,079
11 years$12,690$11,348$10,133$9,035$8,047$6,830
12 years$11,514$10,186$8,993$7,925$6,973$5,816
13 years$10,519$9,205$8,034$6,997$6,081$4,982
14 years$9,667$8,367$7,219$6,211$5,330$4,288
15 years$8,930$7,643$6,518$5,539$4,693$3,706
16 years$8,285$7,013$5,909$4,960$4,148$3,214
17 years$7,716$6,458$5,377$4,456$3,678$2,795
18 years$7,212$5,968$4,909$4,016$3,270$2,437
19 years$6,761$5,531$4,494$3,629$2,915$2,129
20 years$6,356$5,140$4,124$3,286$2,604$1,864
21 years$5,989$4,787$3,793$2,983$2,330$1,634
22 years$5,657$4,469$3,496$2,712$2,088$1,434
23 years$5,354$4,180$3,228$2,470$1,875$1,261
24 years$5,076$3,916$2,985$2,253$1,685$1,109
25 years$4,821$3,675$2,765$2,057$1,516$977
26 years$4,586$3,454$2,564$1,881$1,366$861
27 years$4,369$3,251$2,381$1,722$1,231$759
28 years$4,168$3,063$2,214$1,577$1,111$670
29 years$3,981$2,890$2,060$1,447$1,003$592
30 years$3,807$2,729$1,919$1,328$907$523
31 years$3,644$2,580$1,789$1,219$820$462
32 years$3,492$2,441$1,669$1,121$741$408
33 years$3,349$2,312$1,558$1,030$671$361
34 years$3,215$2,191$1,456$948$607$319
35 years$3,089$2,078$1,361$873$550$283
36 years$2,970$1,972$1,274$804$499$250
37 years$2,858$1,873$1,192$741$452$221
38 years$2,752$1,780$1,116$683$410$196
39 years$2,652$1,693$1,046$629$371$174
40 years$2,557$1,611$980$581$337$154
41 years$2,466$1,533$919$536$306$136
42 years$2,381$1,460$862$494$277$121
43 years$2,299$1,391$809$456$252$107
44 years$2,222$1,326$759$421$228$95
45 years$2,148$1,265$713$389$207$84
46 years$2,078$1,206$670$359$188$74
47 years$2,010$1,151$629$332$171$66
48 years$1,946$1,099$591$307$155$58
49 years$1,885$1,049$556$284$141$52
50 years$1,826$1,002$523$262$128$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,870,000, adding $6,567 every year, while hoping to spend $53,347 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: 62/10/28 Blend
45$1,870,000$1,870,000$1,870,000$1,870,000
46$2,067,514$1,968,404$1,939,419$2,179,798
47$2,221,639$2,008,095$1,947,629$2,296,567
48$2,389,698$2,047,943$1,954,325$2,417,648
49$2,573,054$2,087,899$1,959,402$2,548,728
50$2,773,210$2,127,911$1,962,747$2,690,795
51$2,991,820$2,167,920$1,964,241$2,844,939
52$3,230,704$2,207,867$1,963,761$3,012,363
53$3,491,866$2,247,682$1,961,178$3,194,390
54$3,777,513$2,287,295$1,956,354$3,392,482
55$4,090,074$2,326,628$1,949,147$3,608,249
56$4,432,225$2,365,597$1,939,407$3,843,467
57$4,806,912$2,404,111$1,926,977$4,100,095
58$5,217,379$2,442,074$1,911,693$4,380,290
59$5,667,199$2,479,383$1,893,381$4,686,435
60$6,160,306$2,515,925$1,871,862$5,021,153
61$6,701,035$2,551,583$1,846,947$5,387,338
62$7,294,157$2,586,227$1,818,437$5,788,181
63$7,944,931$2,619,722$1,786,124$6,227,199
64$8,659,147$2,651,922$1,749,792$6,708,272
65$9,443,184$2,682,670$1,709,214$7,235,675
66$10,304,068$2,711,800$1,664,152$7,814,123
67$11,249,539$2,739,134$1,614,357$8,448,815
68$12,288,123$2,764,483$1,559,570$9,145,480
69$13,429,214$2,787,645$1,499,518$9,910,436
70$14,683,159$2,808,405$1,433,916$10,750,649
71$16,061,357$2,826,532$1,362,468$11,673,798
72$17,576,367$2,841,785$1,284,863$12,688,348
73$19,242,027$2,853,902$1,200,776$13,803,632
74$21,073,579$2,862,608$1,109,867$15,029,938
75$23,087,818$2,867,611$1,011,782$16,378,609
76$25,303,249$2,868,597$906,151$17,862,146
77$27,740,259$2,865,237$792,585$19,494,333
78$30,421,311$2,857,179$670,682$21,290,365
79$33,371,153$2,844,049$540,019$23,266,989
80$36,617,056$2,825,453$400,154$25,442,669
81$40,189,065$2,800,970$250,629$27,837,756
82$44,120,287$2,770,154$90,962$30,474,685
83$48,447,199$2,732,535$0$33,378,185
84$53,209,996$2,687,612$0$36,599,244
85$58,452,966$2,634,854$0$40,174,723
86$64,224,908$2,573,702$0$44,110,699
87$70,579,595$2,503,560$0$48,443,847
88$77,576,278$2,423,798$0$53,214,584
89$85,280,245$2,333,752$0$58,467,447
90$93,763,441$2,232,716$0$64,251,513
91$103,105,137$2,119,944$0$70,620,866
92$113,392,687$1,994,648$0$77,635,106
93$124,722,349$1,855,994$0$85,359,910
94$137,200,190$1,703,099$0$93,867,654
95$150,943,090$1,535,031$0$103,238,095
96$166,079,843$1,350,806$0$113,559,126
97$182,752,373$1,149,380$0$124,927,604
98$201,117,070$929,655$0$137,450,265
99$221,346,271$690,468$0$151,244,731
100$243,629,881$430,592$0$166,440,624