Can I retire at age 46 with 1,920,000?

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 $1,920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$158,552$157,140$155,762$154,417$153,103$149,040
2 years$78,491$77,029$75,612$74,239$72,906$68,840
3 years$51,808$50,339$48,926$47,566$46,255$42,314
4 years$38,468$37,005$35,606$34,268$32,989$29,204
5 years$30,467$29,012$27,632$26,321$25,078$21,459
6 years$25,135$23,691$22,330$21,049$19,843$16,393
7 years$21,327$19,895$18,557$17,306$16,138$12,858
8 years$18,473$17,054$15,738$14,517$13,388$10,276
9 years$16,254$14,849$13,555$12,366$11,275$8,327
10 years$14,480$13,088$11,817$10,659$9,607$6,821
11 years$13,029$11,652$10,404$9,277$8,262$5,634
12 years$11,822$10,458$9,233$8,137$7,160$4,684
13 years$10,800$9,451$8,249$7,184$6,243$3,915
14 years$9,926$8,591$7,412$6,377$5,473$3,286
15 years$9,168$7,848$6,692$5,687$4,819$2,768
16 years$8,506$7,200$6,067$5,092$4,259$2,339
17 years$7,923$6,631$5,521$4,575$3,776$1,981
18 years$7,405$6,127$5,040$4,123$3,358$1,681
19 years$6,942$5,679$4,614$3,726$2,993$1,429
20 years$6,525$5,277$4,234$3,374$2,673$1,217
21 years$6,149$4,915$3,895$3,062$2,392$1,037
22 years$5,808$4,588$3,590$2,784$2,144$885
23 years$5,497$4,291$3,314$2,536$1,925$756
24 years$5,212$4,021$3,065$2,313$1,730$646
25 years$4,950$3,773$2,839$2,112$1,557$552
26 years$4,709$3,546$2,633$1,931$1,402$473
27 years$4,486$3,337$2,445$1,768$1,264$405
28 years$4,279$3,145$2,273$1,620$1,141$347
29 years$4,087$2,967$2,115$1,485$1,030$297
30 years$3,908$2,802$1,970$1,363$931$254
31 years$3,741$2,649$1,837$1,252$841$218
32 years$3,585$2,506$1,714$1,151$761$187
33 years$3,438$2,373$1,600$1,058$689$160
34 years$3,301$2,249$1,495$973$624$137
35 years$3,171$2,134$1,398$896$565$118
36 years$3,049$2,025$1,308$825$512$101
37 years$2,934$1,923$1,224$760$464$87
38 years$2,825$1,828$1,146$701$421$74
39 years$2,723$1,738$1,074$646$381$64
40 years$2,625$1,654$1,006$596$346$55
41 years$2,532$1,574$944$550$314$47
42 years$2,444$1,499$885$508$285$40
43 years$2,361$1,428$831$469$258$35
44 years$2,281$1,362$780$433$235$30
45 years$2,205$1,298$732$400$213$26
46 years$2,133$1,239$688$369$193$22
47 years$2,064$1,182$646$341$176$19
48 years$1,998$1,128$607$315$159$16
49 years$1,935$1,078$571$291$145$14
50 years$1,875$1,029$536$269$132$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,920,000, adding $2,010 every year, while hoping to spend $52,858 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: 85/5/10 Blend
45$1,920,000$1,920,000$1,920,000$1,920,000
46$2,117,913$2,016,153$1,986,393$2,294,699
47$2,277,700$2,058,704$1,996,697$2,453,061
48$2,452,013$2,101,569$2,005,574$2,619,670
49$2,642,279$2,144,706$2,012,922$2,801,083
50$2,850,067$2,188,072$2,018,630$2,998,757
51$3,077,105$2,231,619$2,022,585$3,214,297
52$3,325,296$2,275,294$2,024,668$3,449,468
53$3,596,733$2,319,041$2,024,751$3,706,218
54$3,893,723$2,362,797$2,022,703$3,986,689
55$4,218,805$2,406,496$2,018,386$4,293,242
56$4,574,774$2,450,065$2,011,653$4,628,478
57$4,964,711$2,493,428$2,002,353$4,995,262
58$5,392,005$2,536,500$1,990,326$5,396,748
59$5,860,391$2,579,190$1,975,404$5,836,413
60$6,373,983$2,621,402$1,957,411$6,318,086
61$6,937,309$2,663,031$1,936,165$6,845,987
62$7,555,360$2,703,965$1,911,472$7,424,763
63$8,233,631$2,744,084$1,883,130$8,059,536
64$8,978,176$2,783,259$1,850,930$8,755,947
65$9,795,664$2,821,352$1,814,649$9,520,213
66$10,693,438$2,858,215$1,774,057$10,359,184
67$11,679,593$2,893,691$1,728,912$11,280,405
68$12,763,041$2,927,611$1,678,960$12,292,192
69$13,953,602$2,959,796$1,623,936$13,403,707
70$15,262,096$2,990,052$1,563,565$14,625,045
71$16,700,441$3,018,176$1,497,555$15,967,330
72$18,281,768$3,043,948$1,425,605$17,442,819
73$20,020,543$3,067,137$1,347,398$19,065,020
74$21,932,706$3,087,494$1,262,603$20,848,814
75$24,035,817$3,104,756$1,170,875$22,810,601
76$26,349,223$3,118,641$1,071,852$24,968,453
77$28,894,241$3,128,853$965,157$27,342,284
78$31,694,359$3,135,072$850,395$29,954,036
79$34,775,457$3,136,963$727,156$32,827,890
80$38,166,046$3,134,167$595,009$35,990,493
81$41,897,546$3,126,305$453,504$39,471,208
82$46,004,573$3,112,971$302,174$43,302,392
83$50,525,272$3,093,739$140,530$47,519,701
84$55,501,671$3,068,154$0$52,162,428
85$60,980,082$3,035,734$0$57,277,284
86$67,011,534$2,995,968$0$62,924,797
87$73,652,256$2,948,316$0$69,142,597
88$80,964,206$2,892,204$0$75,988,691
89$89,015,657$2,827,023$0$83,526,998
90$97,881,838$2,752,132$0$91,827,951
91$107,645,647$2,666,848$0$100,969,165
92$118,398,431$2,570,451$0$111,036,166
93$130,240,845$2,462,178$0$122,123,200
94$143,283,808$2,341,221$0$134,334,119
95$157,649,543$2,206,727$0$147,783,365
96$173,472,732$2,057,793$0$162,597,050
97$190,901,789$1,893,463$0$178,914,140
98$210,100,257$1,712,728$0$196,887,775
99$231,248,353$1,514,522$0$216,686,708
100$254,544,668$1,297,716$0$238,496,898