Can I retire at age 46 with 1,430,000?

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$118,088$117,036$116,010$115,008$114,030$110,869
2 years$58,459$57,371$56,316$55,292$54,300$51,139
3 years$38,586$37,492$36,440$35,426$34,450$31,388
4 years$28,651$27,561$26,519$25,523$24,570$21,630
5 years$22,692$21,608$20,580$19,604$18,678$15,868
6 years$18,720$17,645$16,631$15,677$14,779$12,103
7 years$15,884$14,818$13,821$12,889$12,019$9,476
8 years$13,758$12,702$11,721$10,812$9,971$7,560
9 years$12,106$11,059$10,095$9,210$8,397$6,116
10 years$10,785$9,748$8,801$7,939$7,155$5,000
11 years$9,704$8,678$7,749$6,909$6,153$4,122
12 years$8,805$7,789$6,877$6,060$5,332$3,420
13 years$8,044$7,039$6,144$5,350$4,650$2,853
14 years$7,393$6,398$5,520$4,749$4,076$2,390
15 years$6,828$5,845$4,984$4,236$3,589$2,009
16 years$6,335$5,363$4,519$3,793$3,172$1,694
17 years$5,901$4,939$4,112$3,408$2,812$1,431
18 years$5,515$4,564$3,754$3,071$2,501$1,212
19 years$5,170$4,230$3,436$2,775$2,229$1,028
20 years$4,860$3,930$3,154$2,513$1,991$873
21 years$4,580$3,661$2,901$2,281$1,782$743
22 years$4,326$3,417$2,674$2,074$1,597$632
23 years$4,094$3,196$2,469$1,889$1,434$539
24 years$3,882$2,995$2,283$1,723$1,289$459
25 years$3,687$2,810$2,114$1,573$1,159$392
26 years$3,507$2,641$1,961$1,438$1,044$334
27 years$3,341$2,486$1,821$1,317$942$286
28 years$3,187$2,342$1,693$1,206$850$244
29 years$3,044$2,210$1,575$1,106$767$209
30 years$2,911$2,087$1,467$1,015$693$178
31 years$2,786$1,973$1,368$932$627$152
32 years$2,670$1,867$1,276$857$567$130
33 years$2,561$1,768$1,192$788$513$111
34 years$2,458$1,675$1,114$725$465$95
35 years$2,362$1,589$1,041$667$421$82
36 years$2,271$1,508$974$615$381$70
37 years$2,185$1,432$912$566$346$60
38 years$2,104$1,361$854$522$313$51
39 years$2,028$1,295$800$481$284$44
40 years$1,955$1,232$750$444$258$37
41 years$1,886$1,172$703$410$234$32
42 years$1,821$1,117$659$378$212$27
43 years$1,758$1,064$619$349$192$23
44 years$1,699$1,014$581$322$175$20
45 years$1,643$967$545$298$159$17
46 years$1,589$922$512$275$144$15
47 years$1,537$880$481$254$131$13
48 years$1,488$840$452$235$119$11
49 years$1,441$803$425$217$108$9
50 years$1,396$767$400$200$98$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,430,000, adding $5,245 every year, while hoping to spend $30,511 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: 52/19/29 Blend
45$1,430,000$1,430,000$1,430,000$1,430,000
46$1,581,270$1,505,480$1,483,315$1,650,370
47$1,710,096$1,546,785$1,500,543$1,740,318
48$1,851,040$1,589,092$1,517,325$1,834,620
49$2,005,305$1,632,416$1,533,614$1,936,613
50$2,174,218$1,676,776$1,549,362$2,047,046
51$2,359,236$1,722,187$1,564,514$2,166,743
52$2,561,970$1,768,665$1,579,016$2,296,610
53$2,784,188$1,816,226$1,592,810$2,437,650
54$3,027,840$1,864,887$1,605,835$2,590,963
55$3,295,074$1,914,661$1,618,025$2,757,765
56$3,588,256$1,965,563$1,629,313$2,939,393
57$3,909,990$2,017,608$1,639,627$3,137,321
58$4,263,147$2,070,809$1,648,892$3,353,175
59$4,650,888$2,125,178$1,657,030$3,588,745
60$5,076,694$2,180,728$1,663,956$3,846,003
61$5,544,402$2,237,469$1,669,584$4,127,125
62$6,058,238$2,295,411$1,673,822$4,434,506
63$6,622,857$2,354,565$1,676,573$4,770,787
64$7,243,387$2,414,938$1,677,737$5,138,879
65$7,925,479$2,476,536$1,677,208$5,541,988
66$8,675,357$2,539,365$1,674,874$5,983,650
67$9,499,879$2,603,430$1,670,618$6,467,760
68$10,406,601$2,668,732$1,664,318$6,998,612
69$11,403,847$2,735,273$1,655,845$7,580,938
70$12,500,790$2,803,051$1,645,066$8,219,954
71$13,707,533$2,872,064$1,631,839$8,921,407
72$15,035,212$2,942,305$1,616,015$9,691,633
73$16,496,093$3,013,768$1,597,442$10,537,613
74$18,103,694$3,086,442$1,575,956$11,467,042
75$19,872,908$3,160,315$1,551,387$12,488,403
76$21,820,145$3,235,370$1,523,559$13,611,042
77$23,963,486$3,311,590$1,492,284$14,845,261
78$26,322,855$3,388,951$1,457,369$16,202,415
79$28,920,205$3,467,428$1,418,610$17,695,018
80$31,779,726$3,546,993$1,375,793$19,336,862
81$34,928,073$3,627,610$1,328,697$21,143,147
82$38,394,615$3,709,242$1,277,087$23,130,628
83$42,211,717$3,791,846$1,220,721$25,317,769
84$46,415,040$3,875,374$1,159,343$27,724,918
85$51,043,881$3,959,774$1,092,688$30,374,505
86$56,141,540$4,044,986$1,020,476$33,291,248
87$61,755,733$4,130,946$942,418$36,502,390
88$67,939,038$4,217,583$858,209$40,037,954
89$74,749,393$4,304,817$767,532$43,931,032
90$82,250,642$4,392,564$670,055$48,218,093
91$90,513,138$4,480,731$565,433$52,939,329
92$99,614,406$4,569,214$453,302$58,139,036
93$109,639,874$4,657,905$333,287$63,866,035
94$120,683,681$4,746,682$204,993$70,174,128
95$132,849,564$4,835,417$68,007$77,122,611
96$146,251,836$4,923,968$0$84,776,834
97$161,016,465$5,012,185$0$93,233,010
98$177,282,265$5,099,902$0$102,570,349
99$195,202,203$5,186,945$0$112,855,407
100$214,944,845$5,273,123$0$124,184,739