Can I retire at age 46 with 1,280,000?

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 $1,280,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$105,701$104,760$103,841$102,944$102,069$100,794
2 years$52,327$51,353$50,408$49,493$48,604$47,321
3 years$34,538$33,560$32,618$31,710$30,837$29,585
4 years$25,646$24,670$23,737$22,846$21,993$20,783
5 years$20,311$19,341$18,421$17,548$16,719$15,554
6 years$16,756$15,794$14,887$14,033$13,229$12,111
7 years$14,218$13,264$12,371$11,537$10,759$9,687
8 years$12,315$11,369$10,492$9,678$8,925$7,901
9 years$10,836$9,899$9,036$8,244$7,516$6,538
10 years$9,653$8,726$7,878$7,106$6,404$5,472
11 years$8,686$7,768$6,936$6,185$5,508$4,621
12 years$7,881$6,972$6,155$5,425$4,773$3,930
13 years$7,200$6,301$5,499$4,789$4,162$3,361
14 years$6,617$5,727$4,941$4,251$3,649$2,889
15 years$6,112$5,232$4,461$3,791$3,212$2,494
16 years$5,671$4,800$4,045$3,395$2,839$2,160
17 years$5,282$4,421$3,681$3,050$2,517$1,876
18 years$4,936$4,085$3,360$2,749$2,238$1,633
19 years$4,628$3,786$3,076$2,484$1,995$1,425
20 years$4,350$3,518$2,823$2,250$1,782$1,245
21 years$4,100$3,277$2,596$2,042$1,595$1,090
22 years$3,872$3,059$2,393$1,856$1,429$955
23 years$3,664$2,861$2,210$1,691$1,283$839
24 years$3,475$2,680$2,043$1,542$1,153$737
25 years$3,300$2,515$1,893$1,408$1,038$648
26 years$3,139$2,364$1,755$1,288$935$570
27 years$2,991$2,225$1,630$1,179$843$502
28 years$2,853$2,097$1,515$1,080$761$442
29 years$2,725$1,978$1,410$990$687$390
30 years$2,606$1,868$1,313$909$621$344
31 years$2,494$1,766$1,225$835$561$303
32 years$2,390$1,671$1,142$767$507$268
33 years$2,292$1,582$1,067$705$459$236
34 years$2,201$1,500$997$649$416$209
35 years$2,114$1,422$932$597$377$184
36 years$2,033$1,350$872$550$341$163
37 years$1,956$1,282$816$507$309$144
38 years$1,884$1,219$764$467$280$127
39 years$1,815$1,159$716$431$254$112
40 years$1,750$1,102$671$397$231$99
41 years$1,688$1,049$629$367$209$88
42 years$1,630$999$590$338$190$78
43 years$1,574$952$554$312$172$69
44 years$1,521$908$520$288$156$61
45 years$1,470$866$488$266$142$54
46 years$1,422$826$458$246$129$48
47 years$1,376$788$431$227$117$42
48 years$1,332$752$405$210$106$37
49 years$1,290$718$380$194$97$33
50 years$1,250$686$358$179$88$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,280,000, adding $4,435 every year, while hoping to spend $36,139 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: 69/22/9 Blend
45$1,280,000$1,280,000$1,280,000$1,280,000
46$1,415,135$1,347,295$1,327,455$1,510,057
47$1,521,027$1,374,861$1,333,473$1,601,118
48$1,636,509$1,402,566$1,338,481$1,695,890
49$1,762,520$1,430,379$1,342,408$1,798,596
50$1,900,097$1,458,267$1,345,178$1,910,008
51$2,050,376$1,486,192$1,346,711$2,030,977
52$2,214,613$1,514,114$1,346,924$2,162,438
53$2,394,188$1,541,989$1,345,731$2,305,424
54$2,590,620$1,569,772$1,343,038$2,461,072
55$2,805,583$1,597,411$1,338,750$2,630,632
56$3,040,921$1,624,852$1,332,766$2,815,485
57$3,298,661$1,652,037$1,324,980$3,017,150
58$3,581,040$1,678,902$1,315,282$3,237,302
59$3,890,517$1,705,379$1,303,555$3,477,785
60$4,229,804$1,731,397$1,289,679$3,740,634
61$4,601,886$1,756,877$1,273,524$4,028,087
62$5,010,050$1,781,735$1,254,959$4,342,614
63$5,457,918$1,805,883$1,233,843$4,686,935
64$5,949,479$1,829,225$1,210,030$5,064,048
65$6,489,127$1,851,658$1,183,367$5,477,255
66$7,081,702$1,873,074$1,153,695$5,930,198
67$7,732,537$1,893,356$1,120,845$6,426,889
68$8,447,505$1,912,379$1,084,642$6,971,748
69$9,233,076$1,930,011$1,044,903$7,569,649
70$10,096,379$1,946,111$1,001,437$8,225,962
71$11,045,267$1,960,528$954,042$8,946,605
72$12,088,393$1,973,102$902,511$9,738,099
73$13,235,286$1,983,662$846,623$10,607,635
74$14,496,451$1,992,026$786,150$11,563,132
75$15,883,455$1,998,002$720,852$12,613,324
76$17,409,048$2,001,385$650,481$13,767,832
77$19,087,274$2,001,956$574,775$15,037,262
78$20,933,608$1,999,483$493,462$16,433,302
79$22,965,100$1,993,722$406,257$17,968,834
80$25,200,536$1,984,410$312,863$19,658,054
81$27,660,616$1,971,272$212,969$21,516,610
82$30,368,148$1,954,013$106,252$23,561,746
83$33,348,261$1,932,322$0$25,812,468
84$36,628,647$1,905,869$0$28,290,456
85$40,239,817$1,874,304$0$31,028,999
86$44,215,389$1,837,256$0$34,043,360
87$48,592,410$1,794,333$0$37,361,618
88$53,411,700$1,745,119$0$41,014,714
89$58,718,237$1,689,174$0$45,036,750
90$64,561,585$1,626,031$0$49,465,303
91$70,996,358$1,555,198$0$54,341,789
92$78,082,737$1,476,153$0$59,711,846
93$85,887,036$1,388,345$0$65,625,771
94$94,482,330$1,291,190$0$72,138,994
95$103,949,140$1,184,071$0$79,312,600
96$114,376,197$1,066,335$0$87,213,908
97$125,861,278$937,295$0$95,917,105
98$138,512,127$796,221$0$105,503,950
99$152,447,472$642,343$0$116,064,544
100$167,798,146$474,850$0$127,698,181