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

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$154,423$153,047$151,705$150,395$149,116$144,866
2 years$76,447$75,023$73,643$72,306$71,008$66,758
3 years$50,458$49,028$47,652$46,327$45,050$40,935
4 years$37,467$36,041$34,679$33,376$32,130$28,181
5 years$29,674$28,257$26,912$25,636$24,425$20,653
6 years$24,480$23,074$21,749$20,501$19,327$15,735
7 years$20,772$19,377$18,073$16,855$15,718$12,306
8 years$17,992$16,610$15,328$14,139$13,039$9,806
9 years$15,831$14,462$13,202$12,044$10,981$7,923
10 years$14,103$12,747$11,510$10,382$9,356$6,469
11 years$12,690$11,348$10,133$9,035$8,047$5,326
12 years$11,514$10,186$8,993$7,925$6,973$4,413
13 years$10,519$9,205$8,034$6,997$6,081$3,676
14 years$9,667$8,367$7,219$6,211$5,330$3,076
15 years$8,930$7,643$6,518$5,539$4,693$2,582
16 years$8,285$7,013$5,909$4,960$4,148$2,174
17 years$7,716$6,458$5,377$4,456$3,678$1,834
18 years$7,212$5,968$4,909$4,016$3,270$1,551
19 years$6,761$5,531$4,494$3,629$2,915$1,314
20 years$6,356$5,140$4,124$3,286$2,604$1,114
21 years$5,989$4,787$3,793$2,983$2,330$946
22 years$5,657$4,469$3,496$2,712$2,088$804
23 years$5,354$4,180$3,228$2,470$1,875$684
24 years$5,076$3,916$2,985$2,253$1,685$582
25 years$4,821$3,675$2,765$2,057$1,516$496
26 years$4,586$3,454$2,564$1,881$1,366$423
27 years$4,369$3,251$2,381$1,722$1,231$360
28 years$4,168$3,063$2,214$1,577$1,111$307
29 years$3,981$2,890$2,060$1,447$1,003$262
30 years$3,807$2,729$1,919$1,328$907$224
31 years$3,644$2,580$1,789$1,219$820$191
32 years$3,492$2,441$1,669$1,121$741$163
33 years$3,349$2,312$1,558$1,030$671$139
34 years$3,215$2,191$1,456$948$607$119
35 years$3,089$2,078$1,361$873$550$102
36 years$2,970$1,972$1,274$804$499$87
37 years$2,858$1,873$1,192$741$452$74
38 years$2,752$1,780$1,116$683$410$63
39 years$2,652$1,693$1,046$629$371$54
40 years$2,557$1,611$980$581$337$46
41 years$2,466$1,533$919$536$306$39
42 years$2,381$1,460$862$494$277$34
43 years$2,299$1,391$809$456$252$29
44 years$2,222$1,326$759$421$228$25
45 years$2,148$1,265$713$389$207$21
46 years$2,078$1,206$670$359$188$18
47 years$2,010$1,151$629$332$171$15
48 years$1,946$1,099$591$307$155$13
49 years$1,885$1,049$556$284$141$11
50 years$1,826$1,002$523$262$128$10

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 $5,823 every year, while hoping to spend $36,481 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: 77/11/12 Blend
45$1,870,000$1,870,000$1,870,000$1,870,000
46$2,066,746$1,967,636$1,938,651$2,220,666
47$2,238,739$2,025,235$1,964,781$2,380,437
48$2,427,052$2,084,433$1,990,563$2,550,365
49$2,633,312$2,145,271$2,015,947$2,735,664
50$2,859,310$2,207,789$2,040,881$2,937,852
51$3,107,017$2,272,029$2,065,308$3,158,602
52$3,378,606$2,338,032$2,089,170$3,399,753
53$3,676,470$2,405,841$2,112,403$3,663,334
54$4,003,243$2,475,500$2,134,941$3,951,577
55$4,361,828$2,547,054$2,156,716$4,266,941
56$4,755,421$2,620,546$2,177,653$4,612,135
57$5,187,545$2,696,024$2,197,675$4,990,144
58$5,662,077$2,773,532$2,216,700$5,404,254
59$6,183,293$2,853,118$2,234,643$5,858,086
60$6,755,898$2,934,831$2,251,413$6,355,629
61$7,385,079$3,018,717$2,266,915$6,901,278
62$8,076,549$3,104,826$2,281,049$7,499,873
63$8,836,603$3,193,208$2,293,709$8,156,748
64$9,672,173$3,283,912$2,304,785$8,877,780
65$10,590,900$3,376,989$2,314,161$9,669,441
66$11,601,201$3,472,490$2,321,714$10,538,866
67$12,712,348$3,570,467$2,327,316$11,493,913
68$13,934,558$3,670,971$2,330,832$12,543,241
69$15,279,089$3,774,054$2,332,120$13,696,390
70$16,758,342$3,879,770$2,331,033$14,963,872
71$18,385,985$3,988,170$2,327,414$16,357,271
72$20,177,073$4,099,308$2,321,100$17,889,348
73$22,148,198$4,213,237$2,311,920$19,574,167
74$24,317,638$4,330,010$2,299,694$21,427,224
75$26,705,537$4,449,680$2,284,233$23,465,591
76$29,334,087$4,572,300$2,265,341$25,708,083
77$32,227,745$4,697,923$2,242,810$28,175,433
78$35,413,455$4,826,601$2,216,424$30,890,484
79$38,920,909$4,958,387$2,185,957$33,878,409
80$42,782,825$5,093,331$2,151,170$37,166,946
81$47,035,255$5,231,486$2,111,815$40,786,663
82$51,717,922$5,372,900$2,067,632$44,771,240
83$56,874,601$5,517,623$2,018,349$49,157,794
84$62,553,527$5,665,703$1,963,680$53,987,226
85$68,807,852$5,817,188$1,903,329$59,304,604
86$75,696,144$5,972,122$1,836,982$65,159,595
87$83,282,944$6,130,549$1,764,314$71,606,927
88$91,639,370$6,292,511$1,684,984$78,706,911
89$100,843,791$6,458,049$1,598,636$86,526,006
90$110,982,565$6,627,201$1,504,897$95,137,450
91$122,150,854$6,800,001$1,403,378$104,621,947
92$134,453,522$6,976,482$1,293,673$115,068,433
93$148,006,126$7,156,675$1,175,356$126,574,912
94$162,936,003$7,340,604$1,047,983$139,249,385
95$179,383,476$7,528,294$911,090$153,210,865
96$197,503,172$7,719,762$764,194$168,590,504
97$217,465,489$7,915,024$606,788$185,532,830
98$239,458,198$8,114,089$438,344$204,197,110
99$263,688,216$8,316,962$258,311$224,758,854
100$290,383,563$8,523,642$66,113$247,411,476