Can I retire at age 46 with 1,880,000?

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 $1,880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$155,249$153,866$152,517$151,200$149,914$144,537
2 years$76,856$75,424$74,037$72,692$71,388$66,029
3 years$50,728$49,291$47,907$46,575$45,291$40,119
4 years$37,667$36,234$34,864$33,554$32,302$27,356
5 years$29,832$28,408$27,056$25,773$24,556$19,848
6 years$24,611$23,197$21,865$20,611$19,430$14,965
7 years$20,883$19,481$18,170$16,945$15,802$11,578
8 years$18,088$16,699$15,410$14,215$13,109$9,123
9 years$15,915$14,539$13,272$12,108$11,040$7,286
10 years$14,178$12,816$11,571$10,437$9,406$5,879
11 years$12,758$11,409$10,187$9,084$8,090$4,781
12 years$11,575$10,240$9,041$7,967$7,010$3,912
13 years$10,575$9,254$8,077$7,034$6,113$3,217
14 years$9,719$8,412$7,257$6,244$5,359$2,656
15 years$8,977$7,684$6,553$5,569$4,718$2,200
16 years$8,329$7,050$5,941$4,986$4,170$1,827
17 years$7,758$6,493$5,406$4,480$3,697$1,520
18 years$7,250$6,000$4,935$4,037$3,288$1,267
19 years$6,797$5,560$4,518$3,648$2,930$1,058
20 years$6,390$5,167$4,146$3,304$2,617$884
21 years$6,021$4,813$3,814$2,999$2,342$740
22 years$5,687$4,493$3,515$2,726$2,100$620
23 years$5,382$4,202$3,245$2,483$1,885$519
24 years$5,103$3,937$3,001$2,265$1,694$435
25 years$4,847$3,695$2,780$2,068$1,524$365
26 years$4,611$3,472$2,578$1,891$1,373$307
27 years$4,392$3,268$2,394$1,731$1,238$257
28 years$4,190$3,079$2,226$1,586$1,117$216
29 years$4,002$2,905$2,071$1,454$1,009$182
30 years$3,827$2,743$1,929$1,335$911$153
31 years$3,663$2,593$1,799$1,226$824$128
32 years$3,510$2,454$1,678$1,127$745$108
33 years$3,367$2,324$1,567$1,036$675$91
34 years$3,232$2,203$1,464$953$611$76
35 years$3,105$2,089$1,369$877$553$64
36 years$2,986$1,983$1,280$808$501$54
37 years$2,873$1,883$1,198$745$454$45
38 years$2,767$1,790$1,122$686$412$38
39 years$2,666$1,702$1,051$633$373$32
40 years$2,570$1,619$985$584$339$27
41 years$2,480$1,541$924$538$307$23
42 years$2,394$1,468$867$497$279$19
43 years$2,312$1,399$813$459$253$16
44 years$2,234$1,333$764$424$230$13
45 years$2,159$1,271$717$391$209$11
46 years$2,089$1,213$673$361$189$10
47 years$2,021$1,157$633$334$172$8
48 years$1,956$1,105$594$308$156$7
49 years$1,895$1,055$559$285$142$6
50 years$1,836$1,008$525$264$129$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,880,000, adding $3,882 every year, while hoping to spend $46,466 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: 69/16/15 Blend
45$1,880,000$1,880,000$1,880,000$1,880,000
46$2,075,764$1,976,124$1,946,984$2,211,540
47$2,238,053$2,023,515$1,962,769$2,349,791
48$2,415,337$2,071,670$1,977,525$2,495,094
49$2,609,099$2,120,579$1,991,169$2,652,884
50$2,820,966$2,170,227$2,003,613$2,824,384
51$3,052,736$2,220,599$2,014,764$3,010,942
52$3,306,382$2,271,676$2,024,526$3,214,043
53$3,584,082$2,323,437$2,032,797$3,435,322
54$3,888,232$2,375,858$2,039,469$3,676,580
55$4,221,469$2,428,914$2,044,429$3,939,802
56$4,586,702$2,482,573$2,047,560$4,227,175
57$4,987,129$2,536,802$2,048,737$4,541,107
58$5,426,276$2,591,565$2,047,829$4,884,253
59$5,908,025$2,646,822$2,044,701$5,259,538
60$6,436,654$2,702,526$2,039,208$5,670,182
61$7,016,872$2,758,629$2,031,201$6,119,737
62$7,653,868$2,815,077$2,020,521$6,612,115
63$8,353,357$2,871,811$2,007,004$7,151,626
64$9,121,637$2,928,767$1,990,476$7,743,021
65$9,965,643$2,985,875$1,970,755$8,391,534
66$10,893,015$3,043,060$1,947,653$9,102,932
67$11,912,173$3,100,240$1,920,969$9,883,573
68$13,032,388$3,157,325$1,890,495$10,740,461
69$14,263,879$3,214,221$1,856,014$11,681,314
70$15,617,900$3,270,824$1,817,296$12,714,639
71$17,106,854$3,327,022$1,774,103$13,849,811
72$18,744,402$3,382,695$1,726,185$15,097,158
73$20,545,599$3,437,715$1,673,280$16,468,067
74$22,527,030$3,491,943$1,615,115$17,975,082
75$24,706,969$3,545,230$1,551,403$19,632,031
76$27,105,550$3,597,417$1,481,846$21,454,149
77$29,744,959$3,648,333$1,406,130$23,458,229
78$32,649,638$3,697,795$1,323,929$25,662,776
79$35,846,522$3,745,607$1,234,901$28,088,185
80$39,365,286$3,791,561$1,138,689$30,756,930
81$43,238,631$3,835,432$1,034,920$33,693,781
82$47,502,586$3,876,984$923,205$36,926,035
83$52,196,853$3,915,960$803,136$40,483,774
84$57,365,180$3,952,089$674,289$44,400,151
85$63,055,769$3,985,082$536,219$48,711,703
86$69,321,738$4,014,632$388,462$53,458,696
87$76,221,616$4,040,409$230,536$58,685,503
88$83,819,896$4,062,065$61,935$64,441,029
89$92,187,647$4,079,227$0$70,779,168
90$101,403,179$4,091,502$0$77,778,200
91$111,552,786$4,098,468$0$85,496,504
92$122,731,557$4,099,680$0$93,996,383
93$135,044,275$4,094,663$0$103,357,434
94$148,606,404$4,082,915$0$113,667,369
95$163,545,180$4,063,901$0$125,022,844
96$180,000,810$4,037,054$0$137,530,375
97$198,127,797$4,001,773$0$151,307,340
98$218,096,393$3,957,421$0$166,483,090
99$240,094,213$3,903,322$0$183,200,169
100$264,327,997$3,838,760$0$201,615,657