Can I retire at age 46 with 1,930,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$159,378$157,958$156,573$155,221$153,901$147,912
2 years$78,900$77,430$76,006$74,625$73,286$67,324
3 years$52,077$50,602$49,181$47,813$46,496$40,749
4 years$38,669$37,198$35,791$34,447$33,161$27,673
5 years$30,626$29,163$27,775$26,458$25,209$19,994
6 years$25,265$23,814$22,447$21,159$19,947$15,008
7 years$21,438$19,999$18,653$17,396$16,222$11,559
8 years$18,569$17,143$15,819$14,593$13,458$9,065
9 years$16,339$14,926$13,625$12,430$11,333$7,204
10 years$14,555$13,156$11,879$10,715$9,657$5,783
11 years$13,097$11,712$10,458$9,325$8,305$4,678
12 years$11,883$10,512$9,281$8,179$7,197$3,808
13 years$10,857$9,500$8,292$7,221$6,276$3,114
14 years$9,977$8,635$7,451$6,410$5,501$2,557
15 years$9,216$7,889$6,727$5,717$4,844$2,106
16 years$8,551$7,238$6,099$5,119$4,281$1,738
17 years$7,964$6,666$5,550$4,599$3,796$1,438
18 years$7,443$6,159$5,066$4,145$3,375$1,192
19 years$6,978$5,708$4,638$3,745$3,008$989
20 years$6,559$5,305$4,256$3,392$2,687$822
21 years$6,181$4,941$3,915$3,078$2,405$683
22 years$5,838$4,612$3,608$2,799$2,155$569
23 years$5,525$4,314$3,332$2,549$1,935$473
24 years$5,239$4,042$3,081$2,325$1,739$395
25 years$4,976$3,793$2,854$2,123$1,565$329
26 years$4,733$3,565$2,647$1,941$1,410$274
27 years$4,509$3,355$2,458$1,777$1,271$229
28 years$4,302$3,161$2,285$1,628$1,147$191
29 years$4,108$2,982$2,126$1,493$1,035$159
30 years$3,929$2,816$1,980$1,370$936$133
31 years$3,761$2,662$1,846$1,258$846$111
32 years$3,604$2,519$1,723$1,157$765$93
33 years$3,456$2,386$1,608$1,064$692$77
34 years$3,318$2,261$1,503$979$627$65
35 years$3,188$2,145$1,405$901$568$54
36 years$3,065$2,036$1,314$830$515$45
37 years$2,950$1,933$1,230$764$466$38
38 years$2,840$1,837$1,152$705$423$31
39 years$2,737$1,747$1,079$650$383$26
40 years$2,639$1,662$1,012$599$348$22
41 years$2,546$1,582$949$553$315$18
42 years$2,457$1,507$890$510$286$15
43 years$2,373$1,436$835$471$260$13
44 years$2,293$1,369$784$435$236$11
45 years$2,217$1,305$736$402$214$9
46 years$2,144$1,245$691$371$194$7
47 years$2,075$1,188$649$343$176$6
48 years$2,008$1,134$610$317$160$5
49 years$1,945$1,083$574$293$146$4
50 years$1,884$1,035$539$271$132$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,930,000, adding $3,943 every year, while hoping to spend $46,418 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: 66/6/28 Blend
45$1,930,000$1,930,000$1,930,000$1,930,000
46$2,130,927$2,028,637$1,998,722$2,255,615
47$2,298,893$2,078,652$2,016,291$2,390,269
48$2,482,436$2,129,562$2,032,893$2,531,896
49$2,683,096$2,181,362$2,048,446$2,685,728
50$2,902,568$2,234,044$2,062,864$2,852,975
51$3,142,718$2,287,601$2,076,059$3,034,966
52$3,405,602$2,342,020$2,087,934$3,233,169
53$3,693,484$2,397,290$2,098,390$3,449,200
54$4,008,856$2,453,394$2,107,323$3,684,842
55$4,354,463$2,510,313$2,114,622$3,942,058
56$4,733,328$2,568,029$2,120,172$4,223,011
57$5,148,781$2,626,515$2,123,850$4,530,088
58$5,604,488$2,685,746$2,125,531$4,865,916
59$6,104,490$2,745,691$2,125,080$5,233,394
60$6,653,234$2,806,316$2,122,356$5,635,714
61$7,255,622$2,867,584$2,117,213$6,076,396
62$7,917,052$2,929,452$2,109,496$6,559,319
63$8,643,470$2,991,874$2,099,044$7,088,759
64$9,441,428$3,054,800$2,085,685$7,669,428
65$10,318,142$3,118,173$2,069,244$8,306,520
66$11,281,561$3,181,933$2,049,533$9,005,760
67$12,340,445$3,246,012$2,026,357$9,773,458
68$13,504,443$3,310,339$1,999,512$10,616,567
69$14,784,184$3,374,833$1,968,783$11,542,753
70$16,191,381$3,439,410$1,933,948$12,560,464
71$17,738,937$3,503,976$1,894,770$13,679,012
72$19,441,068$3,568,432$1,851,005$14,908,659
73$21,313,440$3,632,667$1,802,396$16,260,718
74$23,373,308$3,696,565$1,748,674$17,747,655
75$25,639,689$3,760,001$1,689,558$19,383,211
76$28,133,533$3,822,837$1,624,755$21,182,531
77$30,877,926$3,884,928$1,553,956$23,162,307
78$33,898,301$3,946,116$1,476,840$25,340,937
79$37,222,686$4,006,234$1,393,073$27,738,695
80$40,881,961$4,065,101$1,302,302$30,377,931
81$44,910,153$4,122,523$1,204,161$33,283,275
82$49,344,755$4,178,292$1,098,266$36,481,871
83$54,227,080$4,232,188$984,218$40,003,640
84$59,602,650$4,283,974$861,598$43,881,553
85$65,521,628$4,333,396$729,968$48,151,954
86$72,039,285$4,380,184$588,874$52,854,894
87$79,216,529$4,424,050$437,838$58,034,517
88$87,120,473$4,464,686$276,363$63,739,472
89$95,825,071$4,501,765$103,931$70,023,377
90$105,411,814$4,534,937$0$76,945,324
91$115,970,502$4,563,832$0$84,594,366
92$127,600,086$4,588,053$0$93,053,043
93$140,409,606$4,607,179$0$102,369,550
94$154,519,219$4,620,763$0$112,631,249
95$170,061,328$4,628,330$0$123,934,411
96$187,181,839$4,629,374$0$136,385,120
97$206,041,531$4,623,357$0$150,100,282
98$226,817,577$4,609,711$0$165,208,718
99$249,705,213$4,587,831$0$181,852,389
100$274,919,584$4,557,074$0$200,187,733