Can I retire at age 46 with 1,910,000?

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$157,726$156,321$154,950$153,612$152,306$147,431
2 years$78,082$76,628$75,219$73,852$72,527$67,660
3 years$51,538$50,077$48,671$47,318$46,014$41,308
4 years$38,268$36,812$35,420$34,090$32,818$28,309
5 years$30,308$28,861$27,488$26,184$24,947$20,648
6 years$25,004$23,567$22,214$20,940$19,740$15,654
7 years$21,216$19,792$18,460$17,216$16,054$12,180
8 years$18,377$16,965$15,656$14,442$13,318$9,654
9 years$16,169$14,771$13,484$12,301$11,216$7,758
10 years$14,405$13,020$11,756$10,604$9,557$6,299
11 years$12,962$11,591$10,350$9,228$8,219$5,156
12 years$11,760$10,404$9,185$8,095$7,122$4,247
13 years$10,744$9,402$8,206$7,146$6,211$3,516
14 years$9,874$8,546$7,373$6,344$5,444$2,923
15 years$9,121$7,807$6,657$5,657$4,794$2,438
16 years$8,462$7,163$6,036$5,066$4,237$2,040
17 years$7,882$6,597$5,492$4,551$3,756$1,710
18 years$7,366$6,095$5,014$4,102$3,340$1,436
19 years$6,906$5,649$4,590$3,706$2,977$1,208
20 years$6,491$5,250$4,212$3,357$2,659$1,018
21 years$6,117$4,890$3,874$3,046$2,380$858
22 years$5,778$4,564$3,571$2,770$2,133$724
23 years$5,468$4,269$3,297$2,523$1,915$612
24 years$5,185$4,000$3,049$2,301$1,721$517
25 years$4,924$3,754$2,824$2,101$1,549$437
26 years$4,684$3,528$2,619$1,921$1,395$370
27 years$4,463$3,320$2,432$1,759$1,258$313
28 years$4,257$3,128$2,261$1,611$1,135$265
29 years$4,066$2,951$2,104$1,478$1,025$225
30 years$3,888$2,787$1,960$1,356$926$190
31 years$3,722$2,635$1,827$1,245$837$161
32 years$3,566$2,493$1,705$1,145$757$137
33 years$3,421$2,361$1,592$1,052$685$116
34 years$3,284$2,238$1,487$968$620$98
35 years$3,155$2,122$1,391$891$562$83
36 years$3,034$2,014$1,301$821$509$70
37 years$2,919$1,913$1,218$756$461$60
38 years$2,811$1,818$1,140$697$418$51
39 years$2,708$1,729$1,068$643$379$43
40 years$2,611$1,645$1,001$593$344$36
41 years$2,519$1,566$939$547$312$31
42 years$2,432$1,491$881$505$283$26
43 years$2,349$1,421$826$466$257$22
44 years$2,269$1,354$776$430$233$19
45 years$2,194$1,292$728$397$212$16
46 years$2,122$1,232$684$367$192$14
47 years$2,053$1,176$643$339$175$11
48 years$1,988$1,122$604$313$159$10
49 years$1,925$1,072$568$290$144$8
50 years$1,865$1,024$534$268$131$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,910,000, adding $5,765 every year, while hoping to spend $44,062 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: 61/27/12 Blend
45$1,910,000$1,910,000$1,910,000$1,910,000
46$2,110,767$2,009,537$1,979,932$2,233,139
47$2,279,183$2,061,122$1,999,378$2,367,573
48$2,463,301$2,113,759$2,017,998$2,508,676
49$2,664,677$2,167,451$2,035,720$2,661,570
50$2,885,021$2,222,204$2,052,463$2,827,399
51$3,126,219$2,278,018$2,068,147$3,007,419
52$3,390,348$2,334,895$2,082,685$3,203,017
53$3,679,693$2,392,835$2,095,984$3,415,718
54$3,996,773$2,451,835$2,107,951$3,647,201
55$4,344,360$2,511,891$2,118,484$3,899,318
56$4,725,509$2,572,998$2,127,477$4,174,106
57$5,143,582$2,635,146$2,134,819$4,473,812
58$5,602,285$2,698,326$2,140,393$4,800,907
59$6,105,698$2,762,524$2,144,076$5,158,116
60$6,658,318$2,827,726$2,145,741$5,548,442
61$7,265,094$2,893,912$2,145,251$5,975,189
62$7,931,481$2,961,062$2,142,465$6,442,003
63$8,663,489$3,029,150$2,137,234$6,952,896
64$9,467,736$3,098,150$2,129,402$7,512,291
65$10,351,514$3,168,028$2,118,806$8,125,060
66$11,322,856$3,238,749$2,105,274$8,796,574
67$12,390,613$3,310,274$2,088,627$9,532,746
68$13,564,536$3,382,557$2,068,676$10,340,097
69$14,855,366$3,455,550$2,045,224$11,225,809
70$16,274,939$3,529,198$2,018,064$12,197,798
71$17,836,295$3,603,440$1,986,982$13,264,785
72$19,553,800$3,678,212$1,951,749$14,436,381
73$21,443,285$3,753,442$1,912,129$15,723,179
74$23,522,189$3,829,049$1,867,875$17,136,849
75$25,809,730$3,904,950$1,818,726$18,690,252
76$28,327,080$3,981,051$1,764,411$20,397,563
77$31,097,570$4,057,250$1,704,647$22,274,401
78$34,146,906$4,133,439$1,639,136$24,337,977
79$37,503,412$4,209,499$1,567,568$26,607,261
80$41,198,297$4,285,301$1,489,619$29,103,155
81$45,265,950$4,360,708$1,404,948$31,848,697
82$49,744,265$4,435,571$1,313,203$34,869,272
83$54,674,996$4,509,730$1,214,011$38,192,857
84$60,104,152$4,583,012$1,106,986$41,850,285
85$66,082,428$4,655,233$991,723$45,875,532
86$72,665,690$4,726,194$867,800$50,306,043
87$79,915,495$4,795,681$734,775$55,183,083
88$87,899,673$4,863,468$592,188$60,552,129
89$96,692,971$4,929,309$439,558$66,463,297
90$106,377,752$4,992,944$276,381$72,971,819
91$117,044,778$5,054,093$102,135$80,138,561
92$128,794,059$5,112,457$0$88,030,602
93$141,735,805$5,167,719$0$96,732,598
94$155,991,458$5,219,539$0$106,329,936
95$171,694,845$5,267,554$0$116,899,383
96$188,993,432$5,311,377$0$128,539,960
97$208,049,725$5,350,598$0$141,360,789
98$229,042,798$5,384,778$0$155,482,123
99$252,169,982$5,413,451$0$171,036,480
100$277,648,731$5,436,120$0$188,169,895