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%15.2%
1 years$156,900$155,503$154,139$152,808$151,509$148,268
2 years$77,673$76,227$74,825$73,465$72,147$68,898
3 years$51,268$49,815$48,417$47,070$45,773$42,617
4 years$38,068$36,619$35,235$33,911$32,646$29,607
5 years$30,150$28,710$27,344$26,047$24,817$21,904
6 years$24,873$23,444$22,098$20,830$19,637$16,852
7 years$21,105$19,688$18,363$17,126$15,970$13,315
8 years$18,280$16,876$15,574$14,366$13,249$10,722
9 years$16,085$14,694$13,414$12,237$11,157$8,758
10 years$14,329$12,952$11,694$10,548$9,506$7,231
11 years$12,894$11,530$10,295$9,180$8,176$6,022
12 years$11,698$10,349$9,137$8,052$7,085$5,050
13 years$10,688$9,353$8,163$7,109$6,178$4,258
14 years$9,822$8,501$7,335$6,310$5,416$3,606
15 years$9,073$7,766$6,622$5,628$4,769$3,065
16 years$8,418$7,125$6,004$5,039$4,214$2,614
17 years$7,840$6,562$5,463$4,528$3,737$2,235
18 years$7,328$6,064$4,987$4,080$3,323$1,915
19 years$6,869$5,620$4,566$3,687$2,962$1,644
20 years$6,457$5,222$4,190$3,339$2,645$1,413
21 years$6,085$4,864$3,854$3,031$2,367$1,217
22 years$5,747$4,540$3,552$2,755$2,122$1,049
23 years$5,439$4,247$3,280$2,509$1,905$905
24 years$5,157$3,979$3,033$2,289$1,712$781
25 years$4,898$3,734$2,809$2,090$1,541$675
26 years$4,660$3,509$2,606$1,911$1,388$584
27 years$4,439$3,303$2,420$1,749$1,251$505
28 years$4,235$3,112$2,249$1,603$1,129$437
29 years$4,045$2,936$2,093$1,470$1,019$378
30 years$3,868$2,773$1,950$1,349$921$328
31 years$3,702$2,621$1,818$1,239$833$284
32 years$3,548$2,480$1,696$1,139$753$246
33 years$3,403$2,349$1,583$1,047$682$213
34 years$3,266$2,226$1,479$963$617$185
35 years$3,138$2,111$1,383$887$559$160
36 years$3,018$2,004$1,294$817$507$139
37 years$2,904$1,903$1,211$752$459$121
38 years$2,796$1,809$1,134$694$416$105
39 years$2,694$1,720$1,063$640$377$91
40 years$2,598$1,636$996$590$342$79
41 years$2,506$1,558$934$544$311$68
42 years$2,419$1,484$876$502$282$59
43 years$2,336$1,414$822$464$256$51
44 years$2,257$1,347$772$428$232$45
45 years$2,182$1,285$725$395$211$39
46 years$2,111$1,226$681$365$191$34
47 years$2,043$1,170$639$337$174$29
48 years$1,977$1,117$601$312$158$25
49 years$1,915$1,066$565$288$143$22
50 years$1,855$1,019$531$266$130$19

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 $4,126 every year, while hoping to spend $38,564 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: 68/27/5 Blend
45$1,900,000$1,900,000$1,900,000$1,900,000
46$2,098,056$1,997,356$1,967,906$2,239,243
47$2,271,026$2,054,195$1,992,799$2,390,061
48$2,460,346$2,112,526$2,017,233$2,549,823
49$2,667,644$2,172,382$2,041,153$2,723,465
50$2,894,711$2,233,796$2,064,499$2,912,336
51$3,143,520$2,296,801$2,087,209$3,117,922
52$3,416,245$2,361,430$2,109,216$3,341,856
53$3,715,278$2,427,716$2,130,451$3,585,938
54$4,043,256$2,495,693$2,150,840$3,852,150
55$4,403,081$2,565,396$2,170,307$4,142,672
56$4,797,953$2,636,857$2,188,769$4,459,906
57$5,231,392$2,710,112$2,206,141$4,806,498
58$5,707,280$2,785,193$2,222,333$5,185,360
59$6,229,891$2,862,135$2,237,249$5,599,700
60$6,803,932$2,940,973$2,250,789$6,053,050
61$7,434,591$3,021,738$2,262,849$6,549,303
62$8,127,583$3,104,467$2,273,317$7,092,743
63$8,889,201$3,189,190$2,282,078$7,688,092
64$9,726,381$3,275,943$2,289,010$8,340,549
65$10,646,765$3,364,756$2,293,984$9,055,843
66$11,658,768$3,455,662$2,296,866$9,840,285
67$12,771,666$3,548,693$2,297,514$10,700,825
68$13,995,676$3,643,879$2,295,781$11,645,121
69$15,342,055$3,741,250$2,291,511$12,681,611
70$16,823,209$3,840,836$2,284,540$13,819,589
71$18,452,802$3,942,663$2,274,698$15,069,296
72$20,245,894$4,046,759$2,261,806$16,442,013
73$22,219,074$4,153,149$2,245,676$17,950,171
74$24,390,623$4,261,857$2,226,110$19,607,465
75$26,780,685$4,372,906$2,202,903$21,428,987
76$29,411,453$4,486,316$2,175,838$23,431,361
77$32,307,381$4,602,106$2,144,689$25,632,908
78$35,495,418$4,720,293$2,109,219$28,053,812
79$39,005,253$4,840,890$2,069,181$30,716,315
80$42,869,605$4,963,910$2,024,315$33,644,924
81$47,124,524$5,089,361$1,974,349$36,866,642
82$51,809,735$5,217,249$1,918,998$40,411,226
83$56,969,010$5,347,576$1,857,967$44,311,462
84$62,650,584$5,480,342$1,790,944$48,603,478
85$68,907,606$5,615,541$1,717,603$53,327,086
86$75,798,644$5,753,166$1,637,605$58,526,154
87$83,388,236$5,893,201$1,550,595$64,249,022
88$91,747,498$6,035,629$1,456,202$70,548,957
89$100,954,794$6,180,427$1,354,036$77,484,656
90$111,096,480$6,327,564$1,243,693$85,120,802
91$122,267,713$6,477,007$1,124,749$93,528,671
92$134,573,353$6,628,713$996,761$102,786,806
93$148,128,949$6,782,635$859,267$112,981,757
94$163,061,834$6,938,716$711,784$124,208,903
95$179,512,320$7,096,892$553,808$136,573,344
96$197,635,028$7,257,091$384,812$150,190,900
97$217,600,345$7,419,233$204,248$165,189,200
98$239,596,031$7,583,225$11,540$181,708,890
99$263,828,990$7,748,968$0$199,904,957
100$290,527,228$7,916,348$0$219,958,550