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

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 $1,930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$159,378$157,958$156,573$155,221$153,901$152,803
2 years$78,900$77,430$76,006$74,625$73,286$72,179
3 years$52,077$50,602$49,181$47,813$46,496$45,414
4 years$38,669$37,198$35,791$34,447$33,161$32,113
5 years$30,626$29,163$27,775$26,458$25,209$24,196
6 years$25,265$23,814$22,447$21,159$19,947$18,972
7 years$21,438$19,999$18,653$17,396$16,222$15,286
8 years$18,569$17,143$15,819$14,593$13,458$12,560
9 years$16,339$14,926$13,625$12,430$11,333$10,474
10 years$14,555$13,156$11,879$10,715$9,657$8,834
11 years$13,097$11,712$10,458$9,325$8,305$7,520
12 years$11,883$10,512$9,281$8,179$7,197$6,448
13 years$10,857$9,500$8,292$7,221$6,276$5,563
14 years$9,977$8,635$7,451$6,410$5,501$4,823
15 years$9,216$7,889$6,727$5,717$4,844$4,199
16 years$8,551$7,238$6,099$5,119$4,281$3,669
17 years$7,964$6,666$5,550$4,599$3,796$3,215
18 years$7,443$6,159$5,066$4,145$3,375$2,825
19 years$6,978$5,708$4,638$3,745$3,008$2,488
20 years$6,559$5,305$4,256$3,392$2,687$2,196
21 years$6,181$4,941$3,915$3,078$2,405$1,941
22 years$5,838$4,612$3,608$2,799$2,155$1,718
23 years$5,525$4,314$3,332$2,549$1,935$1,523
24 years$5,239$4,042$3,081$2,325$1,739$1,351
25 years$4,976$3,793$2,854$2,123$1,565$1,200
26 years$4,733$3,565$2,647$1,941$1,410$1,067
27 years$4,509$3,355$2,458$1,777$1,271$949
28 years$4,302$3,161$2,285$1,628$1,147$845
29 years$4,108$2,982$2,126$1,493$1,035$753
30 years$3,929$2,816$1,980$1,370$936$671
31 years$3,761$2,662$1,846$1,258$846$598
32 years$3,604$2,519$1,723$1,157$765$534
33 years$3,456$2,386$1,608$1,064$692$476
34 years$3,318$2,261$1,503$979$627$425
35 years$3,188$2,145$1,405$901$568$380
36 years$3,065$2,036$1,314$830$515$339
37 years$2,950$1,933$1,230$764$466$303
38 years$2,840$1,837$1,152$705$423$271
39 years$2,737$1,747$1,079$650$383$242
40 years$2,639$1,662$1,012$599$348$216
41 years$2,546$1,582$949$553$315$194
42 years$2,457$1,507$890$510$286$173
43 years$2,373$1,436$835$471$260$155
44 years$2,293$1,369$784$435$236$138
45 years$2,217$1,305$736$402$214$124
46 years$2,144$1,245$691$371$194$111
47 years$2,075$1,188$649$343$176$99
48 years$2,008$1,134$610$317$160$89
49 years$1,945$1,083$574$293$146$79
50 years$1,884$1,035$539$271$132$71

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 $3,295 every year, while hoping to spend $34,449 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: 47/41/12 Blend
45$1,930,000$1,930,000$1,930,000$1,930,000
46$2,130,259$2,027,969$1,998,054$2,223,109
47$2,310,892$2,090,686$2,028,335$2,350,281
48$2,508,795$2,155,321$2,058,476$2,484,404
49$2,725,693$2,221,933$2,088,436$2,629,194
50$2,963,486$2,290,580$2,118,171$2,785,658
51$3,224,267$2,361,324$2,147,635$2,954,898
52$3,510,340$2,434,227$2,176,780$3,138,131
53$3,824,245$2,509,354$2,205,552$3,336,691
54$4,168,777$2,586,772$2,233,897$3,552,050
55$4,547,017$2,666,549$2,261,757$3,785,826
56$4,962,358$2,748,755$2,289,071$4,039,797
57$5,418,537$2,833,462$2,315,774$4,315,924
58$5,919,672$2,920,746$2,341,797$4,616,363
59$6,470,299$3,010,683$2,367,067$4,943,487
60$7,075,415$3,103,352$2,391,509$5,299,908
61$7,740,525$3,198,833$2,415,042$5,688,504
62$8,471,693$3,297,211$2,437,580$6,112,440
63$9,275,602$3,398,571$2,459,036$6,575,204
64$10,159,613$3,503,001$2,479,313$7,080,634
65$11,131,838$3,610,591$2,498,314$7,632,959
66$12,201,211$3,721,436$2,515,934$8,236,835
67$13,377,579$3,835,631$2,532,062$8,897,387
68$14,671,790$3,953,275$2,546,584$9,620,264
69$16,095,796$4,074,469$2,559,378$10,411,684
70$17,662,766$4,199,317$2,570,316$11,278,497
71$19,387,211$4,327,926$2,579,264$12,228,249
72$21,285,119$4,460,407$2,586,082$13,269,251
73$23,374,107$4,596,872$2,590,621$14,410,657
74$25,673,585$4,737,438$2,592,726$15,662,552
75$28,204,942$4,882,224$2,592,234$17,036,046
76$30,991,747$5,031,354$2,588,975$18,543,377
77$34,059,967$5,184,952$2,582,768$20,198,027
78$37,438,219$5,343,150$2,573,425$22,014,850
79$41,158,032$5,506,079$2,560,750$24,010,209
80$45,254,151$5,673,877$2,544,535$26,202,135
81$49,764,862$5,846,684$2,524,564$28,610,490
82$54,732,351$6,024,645$2,500,610$31,257,158
83$60,203,105$6,207,907$2,472,434$34,166,252
84$66,228,349$6,396,622$2,439,789$37,364,337
85$72,864,532$6,590,947$2,402,413$40,880,685
86$80,173,853$6,791,042$2,360,032$44,747,548
87$88,224,854$6,997,072$2,312,362$49,000,462
88$97,093,066$7,209,205$2,259,102$53,678,582
89$106,861,717$7,427,615$2,199,941$58,825,053
90$117,622,524$7,652,479$2,134,550$64,487,413
91$129,476,551$7,883,980$2,062,588$70,718,045
92$142,535,170$8,122,306$1,983,695$77,574,669
93$156,921,106$8,367,648$1,897,498$85,120,885
94$172,769,599$8,620,203$1,803,604$93,426,777
95$190,229,679$8,880,174$1,701,606$102,569,569
96$209,465,570$9,147,766$1,591,074$112,634,356
97$230,658,245$9,423,194$1,471,561$123,714,907
98$254,007,130$9,706,674$1,342,602$135,914,549
99$279,731,985$9,998,429$1,203,707$149,347,140
100$308,074,984$10,298,688$1,054,368$164,138,148