Can I retire at age 46 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$156,900$155,503$154,139$152,808$151,509$148,087
2 years$77,673$76,227$74,825$73,465$72,147$68,718
3 years$51,268$49,815$48,417$47,070$45,773$42,444
4 years$38,068$36,619$35,235$33,911$32,646$29,442
5 years$30,150$28,710$27,344$26,047$24,817$21,747
6 years$24,873$23,444$22,098$20,830$19,637$16,705
7 years$21,105$19,688$18,363$17,126$15,970$13,176
8 years$18,280$16,876$15,574$14,366$13,249$10,592
9 years$16,085$14,694$13,414$12,237$11,157$8,636
10 years$14,329$12,952$11,694$10,548$9,506$7,117
11 years$12,894$11,530$10,295$9,180$8,176$5,916
12 years$11,698$10,349$9,137$8,052$7,085$4,951
13 years$10,688$9,353$8,163$7,109$6,178$4,166
14 years$9,822$8,501$7,335$6,310$5,416$3,521
15 years$9,073$7,766$6,622$5,628$4,769$2,987
16 years$8,418$7,125$6,004$5,039$4,214$2,542
17 years$7,840$6,562$5,463$4,528$3,737$2,168
18 years$7,328$6,064$4,987$4,080$3,323$1,854
19 years$6,869$5,620$4,566$3,687$2,962$1,588
20 years$6,457$5,222$4,190$3,339$2,645$1,362
21 years$6,085$4,864$3,854$3,031$2,367$1,170
22 years$5,747$4,540$3,552$2,755$2,122$1,006
23 years$5,439$4,247$3,280$2,509$1,905$866
24 years$5,157$3,979$3,033$2,289$1,712$746
25 years$4,898$3,734$2,809$2,090$1,541$643
26 years$4,660$3,509$2,606$1,911$1,388$555
27 years$4,439$3,303$2,420$1,749$1,251$479
28 years$4,235$3,112$2,249$1,603$1,129$413
29 years$4,045$2,936$2,093$1,470$1,019$357
30 years$3,868$2,773$1,950$1,349$921$308
31 years$3,702$2,621$1,818$1,239$833$267
32 years$3,548$2,480$1,696$1,139$753$230
33 years$3,403$2,349$1,583$1,047$682$199
34 years$3,266$2,226$1,479$963$617$172
35 years$3,138$2,111$1,383$887$559$149
36 years$3,018$2,004$1,294$817$507$129
37 years$2,904$1,903$1,211$752$459$112
38 years$2,796$1,809$1,134$694$416$97
39 years$2,694$1,720$1,063$640$377$84
40 years$2,598$1,636$996$590$342$72
41 years$2,506$1,558$934$544$311$63
42 years$2,419$1,484$876$502$282$54
43 years$2,336$1,414$822$464$256$47
44 years$2,257$1,347$772$428$232$41
45 years$2,182$1,285$725$395$211$35
46 years$2,111$1,226$681$365$191$30
47 years$2,043$1,170$639$337$174$26
48 years$1,977$1,117$601$312$158$23
49 years$1,915$1,066$565$288$143$20
50 years$1,855$1,019$531$266$130$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,900,000, adding $5,184 every year, while hoping to spend $34,717 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: 39/34/27 Blend
45$1,900,000$1,900,000$1,900,000$1,900,000
46$2,099,147$1,998,447$1,968,997$2,164,026
47$2,276,322$2,059,433$1,998,020$2,272,791
48$2,470,404$2,122,243$2,026,852$2,386,727
49$2,683,083$2,186,930$2,055,449$2,509,262
50$2,916,217$2,253,549$2,083,766$2,641,202
51$3,171,854$2,322,156$2,111,754$2,783,432
52$3,452,248$2,392,807$2,139,364$2,936,929
53$3,759,884$2,465,561$2,166,539$3,102,765
54$4,097,497$2,540,478$2,193,223$3,282,123
55$4,468,101$2,617,621$2,219,355$3,476,301
56$4,875,016$2,697,052$2,244,872$3,686,733
57$5,321,897$2,778,838$2,269,705$3,914,994
58$5,812,774$2,863,044$2,293,783$4,162,818
59$6,352,084$2,949,740$2,317,031$4,432,118
60$6,944,715$3,038,996$2,339,370$4,724,997
61$7,596,053$3,130,883$2,360,716$5,043,773
62$8,312,031$3,225,477$2,380,981$5,390,996
63$9,099,186$3,322,854$2,400,072$5,769,478
64$9,964,720$3,423,090$2,417,891$6,182,315
65$10,916,566$3,526,267$2,434,336$6,632,917
66$11,963,468$3,632,466$2,449,298$7,125,040
67$13,115,056$3,741,772$2,462,664$7,662,821
68$14,381,943$3,854,269$2,474,314$8,250,820
69$15,775,820$3,970,048$2,484,123$8,894,057
70$17,309,571$4,089,197$2,491,958$9,598,065
71$18,997,390$4,211,810$2,497,681$10,368,940
72$20,854,917$4,337,982$2,501,147$11,213,396
73$22,899,385$4,467,810$2,502,202$12,138,831
74$25,149,783$4,601,393$2,500,686$13,153,399
75$27,627,033$4,738,834$2,496,431$14,266,080
76$30,354,190$4,880,236$2,489,261$15,486,771
77$33,356,656$5,025,707$2,478,991$16,826,376
78$36,662,424$5,175,356$2,465,426$18,296,910
79$40,302,337$5,329,294$2,448,363$19,911,614
80$44,310,382$5,487,636$2,427,590$21,685,074
81$48,724,010$5,650,498$2,402,883$23,633,368
82$53,584,487$5,818,001$2,374,008$25,774,207
83$58,937,288$5,990,267$2,340,721$28,127,111
84$64,832,521$6,167,420$2,302,765$30,713,588
85$71,325,403$6,349,587$2,259,871$33,557,342
86$78,476,777$6,536,900$2,211,760$36,684,488
87$86,353,690$6,729,491$2,158,136$40,123,810
88$95,030,026$6,927,495$2,098,693$43,907,022
89$104,587,199$7,131,052$2,033,109$48,069,075
90$115,114,922$7,340,303$1,961,048$52,648,483
91$126,712,058$7,555,391$1,882,157$57,687,689
92$139,487,547$7,776,465$1,796,068$63,233,462
93$153,561,439$8,003,673$1,702,398$69,337,345
94$169,066,021$8,237,169$1,600,744$76,056,134
95$186,147,072$8,477,107$1,490,685$83,452,421
96$204,965,234$8,723,646$1,371,784$91,595,180
97$225,697,530$8,976,947$1,243,582$100,560,422
98$248,539,035$9,237,174$1,105,598$110,431,912
99$273,704,714$9,504,493$957,333$121,301,958
100$301,431,456$9,779,074$798,265$133,272,284