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%18.6%
1 years$154,423$153,047$151,705$150,395$149,116$143,940
2 years$76,447$75,023$73,643$72,306$71,008$65,846
3 years$50,458$49,028$47,652$46,327$45,050$40,066
4 years$37,467$36,041$34,679$33,376$32,130$27,361
5 years$29,674$28,257$26,912$25,636$24,425$19,883
6 years$24,480$23,074$21,749$20,501$19,327$15,016
7 years$20,772$19,377$18,073$16,855$15,718$11,637
8 years$17,992$16,610$15,328$14,139$13,039$9,186
9 years$15,831$14,462$13,202$12,044$10,981$7,350
10 years$14,103$12,747$11,510$10,382$9,356$5,941
11 years$12,690$11,348$10,133$9,035$8,047$4,841
12 years$11,514$10,186$8,993$7,925$6,973$3,969
13 years$10,519$9,205$8,034$6,997$6,081$3,271
14 years$9,667$8,367$7,219$6,211$5,330$2,706
15 years$8,930$7,643$6,518$5,539$4,693$2,246
16 years$8,285$7,013$5,909$4,960$4,148$1,869
17 years$7,716$6,458$5,377$4,456$3,678$1,559
18 years$7,212$5,968$4,909$4,016$3,270$1,303
19 years$6,761$5,531$4,494$3,629$2,915$1,090
20 years$6,356$5,140$4,124$3,286$2,604$913
21 years$5,989$4,787$3,793$2,983$2,330$766
22 years$5,657$4,469$3,496$2,712$2,088$643
23 years$5,354$4,180$3,228$2,470$1,875$540
24 years$5,076$3,916$2,985$2,253$1,685$454
25 years$4,821$3,675$2,765$2,057$1,516$382
26 years$4,586$3,454$2,564$1,881$1,366$321
27 years$4,369$3,251$2,381$1,722$1,231$270
28 years$4,168$3,063$2,214$1,577$1,111$228
29 years$3,981$2,890$2,060$1,447$1,003$192
30 years$3,807$2,729$1,919$1,328$907$161
31 years$3,644$2,580$1,789$1,219$820$136
32 years$3,492$2,441$1,669$1,121$741$115
33 years$3,349$2,312$1,558$1,030$671$96
34 years$3,215$2,191$1,456$948$607$81
35 years$3,089$2,078$1,361$873$550$69
36 years$2,970$1,972$1,274$804$499$58
37 years$2,858$1,873$1,192$741$452$49
38 years$2,752$1,780$1,116$683$410$41
39 years$2,652$1,693$1,046$629$371$35
40 years$2,557$1,611$980$581$337$29
41 years$2,466$1,533$919$536$306$25
42 years$2,381$1,460$862$494$277$21
43 years$2,299$1,391$809$456$252$17
44 years$2,222$1,326$759$421$228$15
45 years$2,148$1,265$713$389$207$12
46 years$2,078$1,206$670$359$188$10
47 years$2,010$1,151$629$332$171$9
48 years$1,946$1,099$591$307$155$7
49 years$1,885$1,049$556$284$141$6
50 years$1,826$1,002$523$262$128$5

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 $4,121 every year, while hoping to spend $33,724 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: 67/21/12 Blend
45$1,870,000$1,870,000$1,870,000$1,870,000
46$2,064,991$1,965,881$1,936,896$2,197,592
47$2,239,738$2,026,327$1,965,900$2,346,844
48$2,431,179$2,088,605$1,994,745$2,505,583
49$2,640,981$2,152,768$2,023,391$2,678,271
50$2,870,980$2,218,873$2,051,793$2,866,273
51$3,123,198$2,286,976$2,079,907$3,071,088
52$3,399,864$2,357,137$2,107,683$3,294,367
53$3,703,429$2,429,416$2,135,070$3,537,929
54$4,036,596$2,503,875$2,162,012$3,803,777
55$4,402,343$2,580,578$2,188,453$4,094,114
56$4,803,947$2,659,591$2,214,331$4,411,369
57$5,245,020$2,740,982$2,239,582$4,758,216
58$5,729,541$2,824,819$2,264,137$5,137,598
59$6,261,894$2,911,175$2,287,925$5,552,761
60$6,846,906$3,000,122$2,310,870$6,007,274
61$7,489,899$3,091,736$2,332,892$6,505,074
62$8,196,732$3,186,095$2,353,908$7,050,494
63$8,973,862$3,283,277$2,373,827$7,648,307
64$9,828,403$3,383,364$2,392,557$8,303,773
65$10,768,191$3,486,441$2,409,999$9,022,685
66$11,801,864$3,592,593$2,426,051$9,811,425
67$12,938,933$3,701,909$2,440,603$10,677,023
68$14,189,881$3,814,480$2,453,540$11,627,225
69$15,566,259$3,930,399$2,464,743$12,670,564
70$17,080,790$4,049,762$2,474,085$13,816,441
71$18,747,497$4,172,666$2,481,434$15,075,214
72$20,581,829$4,299,214$2,486,649$16,458,296
73$22,600,809$4,429,509$2,489,585$17,978,258
74$24,823,193$4,563,656$2,490,088$19,648,956
75$27,269,649$4,701,766$2,487,996$21,485,653
76$29,962,950$4,843,949$2,483,140$23,505,167
77$32,928,189$4,990,321$2,475,344$25,726,028
78$36,193,016$5,140,998$2,464,420$28,168,656
79$39,787,900$5,296,103$2,450,174$30,855,548
80$43,746,412$5,455,759$2,432,401$33,811,495
81$48,105,548$5,620,093$2,410,888$37,063,812
82$52,906,071$5,789,234$2,385,410$40,642,598
83$58,192,900$5,963,317$2,355,731$44,581,020
84$64,015,534$6,142,478$2,321,607$48,915,624
85$70,428,516$6,326,857$2,282,778$53,686,681
86$77,491,949$6,516,597$2,238,975$58,938,565
87$85,272,063$6,711,846$2,189,917$64,720,175
88$93,841,842$6,912,754$2,135,307$71,085,394
89$103,281,706$7,119,476$2,074,836$78,093,595
90$113,680,278$7,332,168$2,008,181$85,810,209
91$125,135,216$7,550,994$1,935,005$94,307,332
92$137,754,133$7,776,118$1,854,953$103,664,413
93$151,655,617$8,007,709$1,767,655$113,969,002
94$166,970,344$8,245,941$1,672,726$125,317,574
95$183,842,318$8,490,991$1,569,761$137,816,440
96$202,430,224$8,743,040$1,458,338$151,582,754
97$222,908,931$9,002,272$1,338,016$166,745,614
98$245,471,137$9,268,878$1,208,334$183,447,281
99$270,329,190$9,543,051$1,068,811$201,844,524
100$297,717,096$9,824,989$918,944$222,110,100