Can I retire at age 46 with 1,410,000?

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$116,436$115,399$114,387$113,400$112,435$110,255
2 years$57,642$56,568$55,528$54,519$53,541$51,353
3 years$38,046$36,968$35,930$34,931$33,968$31,842
4 years$28,250$27,175$26,148$25,166$24,227$22,177
5 years$22,374$21,306$20,292$19,330$18,417$16,450
6 years$18,458$17,398$16,399$15,458$14,572$12,691
7 years$15,662$14,611$13,628$12,709$11,851$10,055
8 years$13,566$12,524$11,557$10,661$9,832$8,121
9 years$11,937$10,904$9,954$9,081$8,280$6,653
10 years$10,634$9,612$8,678$7,828$7,055$5,510
11 years$9,569$8,557$7,640$6,813$6,067$4,604
12 years$8,681$7,680$6,781$5,976$5,258$3,873
13 years$7,931$6,941$6,058$5,276$4,585$3,276
14 years$7,289$6,309$5,443$4,683$4,019$2,784
15 years$6,733$5,763$4,914$4,176$3,539$2,375
16 years$6,247$5,288$4,456$3,740$3,128$2,032
17 years$5,818$4,870$4,054$3,360$2,773$1,744
18 years$5,438$4,500$3,701$3,028$2,466$1,500
19 years$5,098$4,170$3,388$2,736$2,198$1,292
20 years$4,792$3,875$3,110$2,478$1,963$1,115
21 years$4,516$3,610$2,860$2,249$1,757$964
22 years$4,265$3,370$2,636$2,045$1,575$834
23 years$4,037$3,151$2,434$1,862$1,414$722
24 years$3,827$2,953$2,251$1,698$1,270$626
25 years$3,635$2,771$2,085$1,551$1,143$543
26 years$3,458$2,604$1,934$1,418$1,030$472
27 years$3,294$2,451$1,796$1,298$928$410
28 years$3,143$2,309$1,669$1,189$838$356
29 years$3,002$2,179$1,553$1,091$756$309
30 years$2,870$2,058$1,447$1,001$684$269
31 years$2,747$1,945$1,349$919$618$234
32 years$2,633$1,840$1,259$845$559$204
33 years$2,525$1,743$1,175$777$506$177
34 years$2,424$1,652$1,098$715$458$154
35 years$2,329$1,567$1,026$658$415$134
36 years$2,239$1,487$960$606$376$117
37 years$2,155$1,412$899$558$341$102
38 years$2,075$1,342$842$515$309$89
39 years$1,999$1,276$789$475$280$77
40 years$1,928$1,214$739$438$254$67
41 years$1,860$1,156$693$404$230$59
42 years$1,795$1,101$650$373$209$51
43 years$1,734$1,049$610$344$190$45
44 years$1,675$1,000$573$318$172$39
45 years$1,620$953$538$293$156$34
46 years$1,566$910$505$271$142$30
47 years$1,516$868$474$250$129$26
48 years$1,467$829$446$231$117$22
49 years$1,421$791$419$214$106$20
50 years$1,377$756$394$198$97$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,410,000, adding $3,877 every year, while hoping to spend $31,550 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: 83/8/9 Blend
45$1,410,000$1,410,000$1,410,000$1,410,000
46$1,557,819$1,483,089$1,461,234$1,684,886
47$1,683,148$1,522,192$1,476,617$1,807,672
48$1,820,202$1,562,153$1,491,457$1,937,862
49$1,970,146$1,602,981$1,505,703$2,079,860
50$2,134,259$1,644,685$1,519,302$2,234,835
51$2,313,950$1,687,272$1,532,196$2,404,072
52$2,510,773$1,730,748$1,544,325$2,588,984
53$2,726,438$1,775,120$1,555,625$2,791,132
54$2,962,826$1,820,393$1,566,030$3,012,230
55$3,222,012$1,866,570$1,575,470$3,254,171
56$3,506,280$1,913,654$1,583,871$3,519,037
57$3,818,146$1,961,648$1,591,156$3,809,121
58$4,160,379$2,010,552$1,597,242$4,126,950
59$4,536,033$2,060,365$1,602,046$4,475,310
60$4,948,470$2,111,084$1,605,475$4,857,265
61$5,401,393$2,162,706$1,607,438$5,276,195
62$5,898,882$2,215,225$1,607,833$5,735,821
63$6,445,430$2,268,634$1,606,559$6,240,245
64$7,045,990$2,322,923$1,603,504$6,793,984
65$7,706,015$2,378,080$1,598,556$7,402,016
66$8,431,515$2,434,092$1,591,594$8,069,824
67$9,229,110$2,490,943$1,582,492$8,803,451
68$10,106,093$2,548,613$1,571,120$9,609,554
69$11,070,500$2,607,081$1,557,338$10,495,469
70$12,131,185$2,666,322$1,541,003$11,469,279
71$13,297,902$2,726,307$1,521,962$12,539,889
72$14,581,398$2,787,006$1,500,058$13,717,111
73$15,993,514$2,848,383$1,475,124$15,011,759
74$17,547,298$2,910,400$1,446,986$16,435,748
75$19,257,125$2,973,012$1,415,462$18,002,204
76$21,138,835$3,036,172$1,380,363$19,725,595
77$23,209,879$3,099,828$1,341,488$21,621,860
78$25,489,489$3,163,921$1,298,630$23,708,566
79$27,998,853$3,228,390$1,251,571$26,005,067
80$30,761,320$3,293,165$1,200,082$28,532,693
81$33,802,616$3,358,171$1,143,926$31,314,946
82$37,151,088$3,423,327$1,082,853$34,377,726
83$40,837,974$3,488,545$1,016,604$37,749,570
84$44,897,693$3,553,729$944,905$41,461,930
85$49,368,172$3,618,776$867,474$45,549,459
86$54,291,203$3,683,574$784,012$50,050,349
87$59,712,839$3,748,003$694,210$55,006,681
88$65,683,826$3,811,932$597,743$60,464,831
89$72,260,082$3,875,223$494,274$66,475,902
90$79,503,227$3,937,725$383,448$73,096,209
91$87,481,159$3,999,277$264,897$80,387,811
92$96,268,702$4,059,706$138,235$88,419,094
93$105,948,305$4,118,826$3,061$97,265,418
94$116,610,823$4,176,440$0$107,009,832
95$128,356,376$4,232,334$0$117,757,409
96$141,295,289$4,286,282$0$129,596,636
97$155,549,138$4,338,039$0$142,638,398
98$171,251,894$4,387,347$0$157,005,212
99$188,551,189$4,433,929$0$172,832,087
100$207,609,707$4,477,488$0$190,267,799