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%15%
1 years$157,726$156,321$154,950$153,612$152,306$149,170
2 years$78,082$76,628$75,219$73,852$72,527$69,381
3 years$51,538$50,077$48,671$47,318$46,014$42,958
4 years$38,268$36,812$35,420$34,090$32,818$29,874
5 years$30,308$28,861$27,488$26,184$24,947$22,124
6 years$25,004$23,567$22,214$20,940$19,740$17,041
7 years$21,216$19,792$18,460$17,216$16,054$13,479
8 years$18,377$16,965$15,656$14,442$13,318$10,867
9 years$16,169$14,771$13,484$12,301$11,216$8,887
10 years$14,405$13,020$11,756$10,604$9,557$7,347
11 years$12,962$11,591$10,350$9,228$8,219$6,126
12 years$11,760$10,404$9,185$8,095$7,122$5,143
13 years$10,744$9,402$8,206$7,146$6,211$4,342
14 years$9,874$8,546$7,373$6,344$5,444$3,683
15 years$9,121$7,807$6,657$5,657$4,794$3,135
16 years$8,462$7,163$6,036$5,066$4,237$2,677
17 years$7,882$6,597$5,492$4,551$3,756$2,292
18 years$7,366$6,095$5,014$4,102$3,340$1,967
19 years$6,906$5,649$4,590$3,706$2,977$1,691
20 years$6,491$5,250$4,212$3,357$2,659$1,456
21 years$6,117$4,890$3,874$3,046$2,380$1,256
22 years$5,778$4,564$3,571$2,770$2,133$1,084
23 years$5,468$4,269$3,297$2,523$1,915$937
24 years$5,185$4,000$3,049$2,301$1,721$810
25 years$4,924$3,754$2,824$2,101$1,549$701
26 years$4,684$3,528$2,619$1,921$1,395$607
27 years$4,463$3,320$2,432$1,759$1,258$526
28 years$4,257$3,128$2,261$1,611$1,135$456
29 years$4,066$2,951$2,104$1,478$1,025$395
30 years$3,888$2,787$1,960$1,356$926$343
31 years$3,722$2,635$1,827$1,245$837$298
32 years$3,566$2,493$1,705$1,145$757$258
33 years$3,421$2,361$1,592$1,052$685$224
34 years$3,284$2,238$1,487$968$620$195
35 years$3,155$2,122$1,391$891$562$169
36 years$3,034$2,014$1,301$821$509$147
37 years$2,919$1,913$1,218$756$461$128
38 years$2,811$1,818$1,140$697$418$111
39 years$2,708$1,729$1,068$643$379$96
40 years$2,611$1,645$1,001$593$344$84
41 years$2,519$1,566$939$547$312$73
42 years$2,432$1,491$881$505$283$63
43 years$2,349$1,421$826$466$257$55
44 years$2,269$1,354$776$430$233$48
45 years$2,194$1,292$728$397$212$42
46 years$2,122$1,232$684$367$192$36
47 years$2,053$1,176$643$339$175$31
48 years$1,988$1,122$604$313$159$27
49 years$1,925$1,072$568$290$144$24
50 years$1,865$1,024$534$268$131$21

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 $5,576 every year, while hoping to spend $43,822 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: 48/23/29 Blend
45$1,910,000$1,910,000$1,910,000$1,910,000
46$2,110,572$2,009,342$1,979,737$2,194,156
47$2,279,224$2,061,173$1,999,432$2,305,438
48$2,463,610$2,114,076$2,018,318$2,421,498
49$2,665,288$2,168,055$2,036,321$2,546,703
50$2,885,974$2,223,117$2,053,365$2,681,940
51$3,127,559$2,279,265$2,069,368$2,828,185
52$3,392,123$2,336,502$2,084,245$2,986,513
53$3,681,957$2,394,828$2,097,905$3,158,110
54$3,999,585$2,454,243$2,110,253$3,344,282
55$4,347,786$2,514,745$2,121,190$3,546,469
56$4,729,621$2,576,329$2,130,611$3,766,259
57$5,148,463$2,638,988$2,138,406$4,005,399
58$5,608,023$2,702,716$2,144,460$4,265,818
59$6,112,392$2,767,500$2,148,650$4,549,640
60$6,666,076$2,833,327$2,150,850$4,859,207
61$7,274,038$2,900,182$2,150,925$5,197,101
62$7,941,744$2,968,046$2,148,736$5,566,167
63$8,675,218$3,036,896$2,144,134$5,969,541
64$9,481,094$3,106,707$2,136,966$6,410,681
65$10,366,680$3,177,451$2,127,070$6,893,397
66$11,340,030$3,249,095$2,114,275$7,421,890
67$12,410,014$3,321,601$2,098,404$8,000,791
68$13,586,405$3,394,929$2,079,270$8,635,203
69$14,879,971$3,469,033$2,056,679$9,330,753
70$16,302,575$3,543,863$2,030,424$10,093,642
71$17,867,287$3,619,362$2,000,293$10,930,707
72$19,588,509$3,695,468$1,966,061$11,849,482
73$21,482,105$3,772,115$1,927,492$12,858,275
74$23,565,559$3,849,228$1,884,343$13,966,242
75$25,858,132$3,926,726$1,836,354$15,183,473
76$28,381,047$4,004,521$1,783,258$16,521,095
77$31,157,689$4,082,518$1,724,772$17,991,370
78$34,213,825$4,160,613$1,660,603$19,607,813
79$37,577,845$4,238,693$1,590,444$21,385,325
80$41,281,033$4,316,637$1,513,971$23,340,326
81$45,357,859$4,394,312$1,430,850$25,490,917
82$49,846,305$4,471,578$1,340,728$27,857,052
83$54,788,224$4,548,281$1,243,238$30,460,720
84$60,229,733$4,624,257$1,137,996$33,326,163
85$66,221,648$4,699,328$1,024,602$36,480,096
86$72,819,967$4,773,306$902,636$39,951,970
87$80,086,390$4,845,985$771,662$43,774,242
88$88,088,911$4,917,147$631,221$47,982,688
89$96,902,450$4,986,557$480,838$52,616,739
90$106,609,568$5,053,966$320,013$57,719,856
91$117,301,238$5,119,105$148,228$63,339,941
92$129,077,709$5,181,686$0$69,529,790
93$142,049,451$5,241,404$0$76,358,453
94$156,338,193$5,297,931$0$83,928,859
95$172,078,078$5,350,918$0$92,265,963
96$189,416,922$5,399,994$0$101,447,863
97$208,517,616$5,444,761$0$111,560,624
98$229,559,655$5,484,797$0$122,699,090
99$252,740,839$5,519,652$0$134,967,778
100$278,279,137$5,548,846$0$148,481,866