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

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$156,900$155,503$154,139$152,808$151,509$149,368
2 years$77,673$76,227$74,825$73,465$72,147$69,994
3 years$51,268$49,815$48,417$47,070$45,773$43,675
4 years$38,068$36,619$35,235$33,911$32,646$30,619
5 years$30,150$28,710$27,344$26,047$24,817$22,867
6 years$24,873$23,444$22,098$20,830$19,637$17,767
7 years$21,105$19,688$18,363$17,126$15,970$14,180
8 years$18,280$16,876$15,574$14,366$13,249$11,538
9 years$16,085$14,694$13,414$12,237$11,157$9,526
10 years$14,329$12,952$11,694$10,548$9,506$7,953
11 years$12,894$11,530$10,295$9,180$8,176$6,699
12 years$11,698$10,349$9,137$8,052$7,085$5,682
13 years$10,688$9,353$8,163$7,109$6,178$4,848
14 years$9,822$8,501$7,335$6,310$5,416$4,156
15 years$9,073$7,766$6,622$5,628$4,769$3,578
16 years$8,418$7,125$6,004$5,039$4,214$3,090
17 years$7,840$6,562$5,463$4,528$3,737$2,676
18 years$7,328$6,064$4,987$4,080$3,323$2,323
19 years$6,869$5,620$4,566$3,687$2,962$2,021
20 years$6,457$5,222$4,190$3,339$2,645$1,761
21 years$6,085$4,864$3,854$3,031$2,367$1,537
22 years$5,747$4,540$3,552$2,755$2,122$1,343
23 years$5,439$4,247$3,280$2,509$1,905$1,175
24 years$5,157$3,979$3,033$2,289$1,712$1,029
25 years$4,898$3,734$2,809$2,090$1,541$902
26 years$4,660$3,509$2,606$1,911$1,388$791
27 years$4,439$3,303$2,420$1,749$1,251$694
28 years$4,235$3,112$2,249$1,603$1,129$610
29 years$4,045$2,936$2,093$1,470$1,019$536
30 years$3,868$2,773$1,950$1,349$921$471
31 years$3,702$2,621$1,818$1,239$833$414
32 years$3,548$2,480$1,696$1,139$753$364
33 years$3,403$2,349$1,583$1,047$682$321
34 years$3,266$2,226$1,479$963$617$282
35 years$3,138$2,111$1,383$887$559$248
36 years$3,018$2,004$1,294$817$507$219
37 years$2,904$1,903$1,211$752$459$193
38 years$2,796$1,809$1,134$694$416$170
39 years$2,694$1,720$1,063$640$377$150
40 years$2,598$1,636$996$590$342$132
41 years$2,506$1,558$934$544$311$116
42 years$2,419$1,484$876$502$282$102
43 years$2,336$1,414$822$464$256$90
44 years$2,257$1,347$772$428$232$79
45 years$2,182$1,285$725$395$211$70
46 years$2,111$1,226$681$365$191$62
47 years$2,043$1,170$639$337$174$54
48 years$1,977$1,117$601$312$158$48
49 years$1,915$1,066$565$288$143$42
50 years$1,855$1,019$531$266$130$37

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 $4,958 every year, while hoping to spend $48,092 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: 62/28/10 Blend
45$1,900,000$1,900,000$1,900,000$1,900,000
46$2,098,914$1,998,214$1,968,764$2,224,039
47$2,261,834$2,044,957$1,983,548$2,355,129
48$2,439,760$2,092,379$1,997,216$2,492,166
49$2,634,171$2,140,461$2,009,679$2,640,540
50$2,846,698$2,189,185$2,020,844$2,801,349
51$3,079,133$2,238,527$2,030,614$2,975,803
52$3,333,452$2,288,462$2,038,887$3,165,232
53$3,611,829$2,338,962$2,045,555$3,371,104
54$3,916,659$2,389,995$2,050,505$3,595,033
55$4,250,579$2,441,525$2,053,617$3,838,799
56$4,616,493$2,493,515$2,054,769$4,104,361
57$5,017,600$2,545,922$2,053,828$4,393,880
58$5,457,422$2,598,699$2,050,658$4,709,734
59$5,939,838$2,651,794$2,045,114$5,054,545
60$6,469,122$2,705,153$2,037,046$5,431,199
61$7,049,981$2,758,714$2,026,295$5,842,880
62$7,687,600$2,812,411$2,012,697$6,293,093
63$8,387,688$2,866,173$1,996,076$6,785,701
64$9,156,539$2,919,921$1,976,250$7,324,961
65$10,001,081$2,973,573$1,953,030$7,915,564
66$10,928,950$3,027,036$1,926,215$8,562,679
67$11,948,555$3,080,214$1,895,596$9,272,002
68$13,069,164$3,133,000$1,860,954$10,049,812
69$14,300,983$3,185,281$1,822,060$10,903,024
70$15,655,258$3,236,935$1,778,674$11,839,263
71$17,144,380$3,287,831$1,730,546$12,866,930
72$18,782,000$3,337,827$1,677,412$13,995,284
73$20,583,157$3,386,774$1,618,998$15,234,527
74$22,564,421$3,434,508$1,555,017$16,595,904
75$24,744,051$3,480,858$1,485,169$18,091,809
76$27,142,163$3,525,638$1,409,140$19,735,898
77$29,780,919$3,568,650$1,326,602$21,543,223
78$32,684,741$3,609,683$1,237,212$23,530,373
79$35,880,538$3,648,510$1,140,612$25,715,628
80$39,397,957$3,684,892$1,036,427$28,119,137
81$43,269,668$3,718,571$924,266$30,763,106
82$47,531,667$3,749,273$803,722$33,672,005
83$52,223,617$3,776,707$674,366$36,872,805
84$57,389,223$3,800,563$535,755$40,395,230
85$63,076,643$3,820,510$387,422$44,272,040
86$69,338,942$3,836,196$228,882$48,539,336
87$76,234,592$3,847,248$59,628$53,236,908
88$83,828,026$3,853,269$0$58,408,607
89$92,190,242$3,853,836$0$64,115,672
90$101,399,473$3,848,501$0$70,406,084
91$111,541,930$3,836,789$0$77,332,235
92$122,712,609$3,818,193$0$84,958,883
93$135,016,189$3,792,178$0$93,357,390
94$148,568,021$3,758,176$0$102,606,402
95$163,495,216$3,715,583$0$112,792,589
96$179,937,843$3,663,761$0$124,011,463
97$198,050,249$3,602,032$0$136,368,283
98$218,002,522$3,529,679$0$149,979,047
99$239,982,088$3,445,942$0$164,971,590
100$264,195,484$3,350,016$0$181,486,789