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%11.9%
1 years$157,726$156,321$154,950$153,612$152,306$151,093
2 years$78,082$76,628$75,219$73,852$72,527$71,304
3 years$51,538$50,077$48,671$47,318$46,014$44,819
4 years$38,268$36,812$35,420$34,090$32,818$31,660
5 years$30,308$28,861$27,488$26,184$24,947$23,831
6 years$25,004$23,567$22,214$20,940$19,740$18,666
7 years$21,216$19,792$18,460$17,216$16,054$15,022
8 years$18,377$16,965$15,656$14,442$13,318$12,329
9 years$16,169$14,771$13,484$12,301$11,216$10,269
10 years$14,405$13,020$11,756$10,604$9,557$8,652
11 years$12,962$11,591$10,350$9,228$8,219$7,355
12 years$11,760$10,404$9,185$8,095$7,122$6,299
13 years$10,744$9,402$8,206$7,146$6,211$5,427
14 years$9,874$8,546$7,373$6,344$5,444$4,699
15 years$9,121$7,807$6,657$5,657$4,794$4,086
16 years$8,462$7,163$6,036$5,066$4,237$3,565
17 years$7,882$6,597$5,492$4,551$3,756$3,120
18 years$7,366$6,095$5,014$4,102$3,340$2,738
19 years$6,906$5,649$4,590$3,706$2,977$2,408
20 years$6,491$5,250$4,212$3,357$2,659$2,121
21 years$6,117$4,890$3,874$3,046$2,380$1,872
22 years$5,778$4,564$3,571$2,770$2,133$1,655
23 years$5,468$4,269$3,297$2,523$1,915$1,465
24 years$5,185$4,000$3,049$2,301$1,721$1,298
25 years$4,924$3,754$2,824$2,101$1,549$1,151
26 years$4,684$3,528$2,619$1,921$1,395$1,021
27 years$4,463$3,320$2,432$1,759$1,258$907
28 years$4,257$3,128$2,261$1,611$1,135$807
29 years$4,066$2,951$2,104$1,478$1,025$717
30 years$3,888$2,787$1,960$1,356$926$638
31 years$3,722$2,635$1,827$1,245$837$568
32 years$3,566$2,493$1,705$1,145$757$506
33 years$3,421$2,361$1,592$1,052$685$451
34 years$3,284$2,238$1,487$968$620$402
35 years$3,155$2,122$1,391$891$562$358
36 years$3,034$2,014$1,301$821$509$320
37 years$2,919$1,913$1,218$756$461$285
38 years$2,811$1,818$1,140$697$418$254
39 years$2,708$1,729$1,068$643$379$227
40 years$2,611$1,645$1,001$593$344$203
41 years$2,519$1,566$939$547$312$181
42 years$2,432$1,491$881$505$283$161
43 years$2,349$1,421$826$466$257$144
44 years$2,269$1,354$776$430$233$129
45 years$2,194$1,292$728$397$212$115
46 years$2,122$1,232$684$367$192$103
47 years$2,053$1,176$643$339$175$92
48 years$1,988$1,122$604$313$159$82
49 years$1,925$1,072$568$290$144$73
50 years$1,865$1,024$534$268$131$65

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 $6,211 every year, while hoping to spend $45,413 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: 59/32/9 Blend
45$1,910,000$1,910,000$1,910,000$1,910,000
46$2,111,227$2,009,997$1,980,392$2,231,094
47$2,278,253$2,060,167$1,998,416$2,362,525
48$2,460,793$2,111,274$2,015,521$2,500,076
49$2,660,383$2,163,316$2,031,630$2,648,937
50$2,878,712$2,216,288$2,046,659$2,810,197
51$3,117,639$2,270,185$2,060,521$2,985,056
52$3,379,214$2,325,000$2,073,125$3,174,836
53$3,665,693$2,380,723$2,084,373$3,380,990
54$3,979,558$2,437,344$2,094,165$3,605,121
55$4,323,547$2,494,848$2,102,393$3,848,993
56$4,700,673$2,553,219$2,108,947$4,114,550
57$5,114,253$2,612,438$2,113,708$4,403,931
58$5,567,942$2,672,483$2,116,553$4,719,496
59$6,065,767$2,733,329$2,117,352$5,063,840
60$6,612,162$2,794,949$2,115,970$5,439,825
61$7,212,011$2,857,311$2,112,264$5,850,603
62$7,870,696$2,920,378$2,106,084$6,299,647
63$8,594,142$2,984,112$2,097,273$6,790,784
64$9,388,880$3,048,469$2,085,667$7,328,227
65$10,262,103$3,113,401$2,071,094$7,916,623
66$11,221,734$3,178,854$2,053,372$8,561,089
67$12,276,504$3,244,771$2,032,313$9,267,264
68$13,436,030$3,311,088$2,007,719$10,041,362
69$14,710,909$3,377,734$1,979,381$10,890,229
70$16,112,814$3,444,636$1,947,082$11,821,410
71$17,654,607$3,511,709$1,910,596$12,843,219
72$19,350,459$3,578,865$1,869,683$13,964,819
73$21,215,983$3,646,006$1,824,095$15,196,303
74$23,268,381$3,713,029$1,773,570$16,548,799
75$25,526,608$3,779,819$1,717,836$18,034,566
76$28,011,546$3,846,255$1,656,608$19,667,116
77$30,746,207$3,912,205$1,589,588$21,461,337
78$33,755,945$3,977,527$1,516,463$23,433,638
79$37,068,694$4,042,068$1,436,908$25,602,101
80$40,715,238$4,105,667$1,350,581$27,986,653
81$44,729,493$4,168,145$1,257,127$30,609,256
82$49,148,834$4,229,317$1,156,173$33,494,112
83$54,014,440$4,288,979$1,047,330$36,667,891
84$59,371,690$4,346,916$930,193$40,159,987
85$65,270,584$4,402,897$804,336$44,002,793
86$71,766,220$4,456,675$669,317$48,232,009
87$78,919,309$4,507,986$524,673$52,886,977
88$86,796,749$4,556,549$369,921$58,011,053
89$95,472,261$4,602,063$204,557$63,652,022
90$105,027,075$4,644,207$28,053$69,862,543
91$115,550,705$4,682,642$0$76,700,649
92$127,141,788$4,717,001$0$84,245,692
93$139,909,015$4,746,900$0$92,556,637
94$153,972,161$4,771,924$0$101,708,524
95$169,463,209$4,791,636$0$111,787,018
96$186,527,599$4,805,569$0$122,886,525
97$205,325,600$4,813,228$0$135,111,082
98$226,033,821$4,814,086$0$148,575,340
99$248,846,879$4,807,584$0$163,405,646
100$273,979,233$4,793,128$0$179,741,239