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%12.3%
1 years$156,900$155,503$154,139$152,808$151,509$150,051
2 years$77,673$76,227$74,825$73,465$72,147$70,679
3 years$51,268$49,815$48,417$47,070$45,773$44,340
4 years$38,068$36,619$35,235$33,911$32,646$31,258
5 years$30,150$28,710$27,344$26,047$24,817$23,479
6 years$24,873$23,444$22,098$20,830$19,637$18,351
7 years$21,105$19,688$18,363$17,126$15,970$14,736
8 years$18,280$16,876$15,574$14,366$13,249$12,067
9 years$16,085$14,694$13,414$12,237$11,157$10,027
10 years$14,329$12,952$11,694$10,548$9,506$8,427
11 years$12,894$11,530$10,295$9,180$8,176$7,147
12 years$11,698$10,349$9,137$8,052$7,085$6,105
13 years$10,688$9,353$8,163$7,109$6,178$5,246
14 years$9,822$8,501$7,335$6,310$5,416$4,531
15 years$9,073$7,766$6,622$5,628$4,769$3,929
16 years$8,418$7,125$6,004$5,039$4,214$3,419
17 years$7,840$6,562$5,463$4,528$3,737$2,984
18 years$7,328$6,064$4,987$4,080$3,323$2,611
19 years$6,869$5,620$4,566$3,687$2,962$2,289
20 years$6,457$5,222$4,190$3,339$2,645$2,011
21 years$6,085$4,864$3,854$3,031$2,367$1,770
22 years$5,747$4,540$3,552$2,755$2,122$1,560
23 years$5,439$4,247$3,280$2,509$1,905$1,376
24 years$5,157$3,979$3,033$2,289$1,712$1,215
25 years$4,898$3,734$2,809$2,090$1,541$1,075
26 years$4,660$3,509$2,606$1,911$1,388$951
27 years$4,439$3,303$2,420$1,749$1,251$842
28 years$4,235$3,112$2,249$1,603$1,129$746
29 years$4,045$2,936$2,093$1,470$1,019$661
30 years$3,868$2,773$1,950$1,349$921$587
31 years$3,702$2,621$1,818$1,239$833$521
32 years$3,548$2,480$1,696$1,139$753$462
33 years$3,403$2,349$1,583$1,047$682$410
34 years$3,266$2,226$1,479$963$617$365
35 years$3,138$2,111$1,383$887$559$324
36 years$3,018$2,004$1,294$817$507$288
37 years$2,904$1,903$1,211$752$459$256
38 years$2,796$1,809$1,134$694$416$228
39 years$2,694$1,720$1,063$640$377$202
40 years$2,598$1,636$996$590$342$180
41 years$2,506$1,558$934$544$311$160
42 years$2,419$1,484$876$502$282$142
43 years$2,336$1,414$822$464$256$127
44 years$2,257$1,347$772$428$232$113
45 years$2,182$1,285$725$395$211$100
46 years$2,111$1,226$681$365$191$89
47 years$2,043$1,170$639$337$174$79
48 years$1,977$1,117$601$312$158$71
49 years$1,915$1,066$565$288$143$63
50 years$1,855$1,019$531$266$130$56

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 $5,498 every year, while hoping to spend $48,414 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: 38/35/27 Blend
45$1,900,000$1,900,000$1,900,000$1,900,000
46$2,099,471$1,998,771$1,969,321$2,162,184
47$2,262,105$2,045,199$1,983,781$2,255,084
48$2,439,705$2,092,279$1,997,103$2,350,564
49$2,633,747$2,139,992$2,009,198$2,452,822
50$2,845,854$2,188,317$2,019,971$2,562,505
51$3,077,815$2,237,228$2,029,324$2,680,325
52$3,331,599$2,286,700$2,037,154$2,807,067
53$3,609,375$2,336,700$2,043,351$2,943,599
54$3,913,529$2,387,197$2,047,801$3,090,875
55$4,246,691$2,438,151$2,050,384$3,249,949
56$4,611,756$2,489,523$2,050,974$3,421,985
57$5,011,912$2,541,267$2,049,439$3,608,263
58$5,450,671$2,593,333$2,045,640$3,810,197
59$5,931,902$2,645,669$2,039,431$4,029,348
60$6,459,864$2,698,215$2,030,660$4,267,435
61$7,039,250$2,750,907$2,019,167$4,526,355
62$7,675,228$2,803,676$2,004,783$4,808,201
63$8,373,492$2,856,447$1,987,335$5,115,280
64$9,140,314$2,909,139$1,966,636$5,450,137
65$9,982,603$2,961,663$1,942,495$5,815,580
66$10,907,969$3,013,925$1,914,709$6,214,705
67$11,924,798$3,065,823$1,883,068$6,650,928
68$13,042,326$3,117,247$1,847,349$7,128,013
69$14,270,729$3,168,079$1,807,322$7,650,114
70$15,621,219$3,218,190$1,762,743$8,221,813
71$17,106,148$3,267,446$1,713,359$8,848,161
72$18,739,124$3,315,700$1,658,906$9,534,730
73$20,535,141$3,362,795$1,599,105$10,287,662
74$22,510,716$3,408,563$1,533,666$11,113,734
75$24,684,052$3,452,825$1,462,286$12,020,416
76$27,075,201$3,495,390$1,384,649$13,015,948
77$29,706,259$3,536,051$1,300,421$14,109,414
78$32,601,570$3,574,590$1,209,258$15,310,833
79$35,787,958$3,610,774$1,110,797$16,631,250
80$39,294,981$3,644,353$1,004,660$18,082,847
81$43,155,205$3,675,062$890,452$19,679,053
82$47,404,514$3,702,618$767,760$21,434,677
83$52,082,448$3,726,719$636,153$23,366,046
84$57,232,576$3,747,046$495,182$25,491,161
85$62,902,904$3,763,258$344,377$27,829,870
86$69,146,333$3,774,990$183,246$30,404,056
87$76,021,153$3,781,859$11,279$33,237,844
88$83,591,594$3,783,453$0$36,357,832
89$91,928,434$3,779,339$0$39,842,964
90$101,109,661$3,769,054$0$43,682,641
91$111,221,216$3,752,107$0$47,909,416
92$122,357,799$3,727,979$0$52,562,752
93$134,623,761$3,696,117$0$57,686,146
94$148,134,094$3,655,936$0$63,327,534
95$163,015,510$3,606,815$0$69,539,749
96$179,407,640$3,548,097$0$76,381,020
97$197,464,351$3,479,086$0$83,915,522
98$217,355,196$3,399,042$0$92,213,987
99$239,267,016$3,307,185$0$101,354,366
100$263,405,702$3,202,687$0$111,422,573