Can I retire at age 46 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$119,740$118,673$117,632$116,617$115,625$114,228
2 years$59,277$58,173$57,103$56,066$55,060$53,653
3 years$39,125$38,017$36,950$35,922$34,932$33,560
4 years$29,052$27,946$26,890$25,880$24,914$23,588
5 years$23,009$21,910$20,868$19,878$18,939$17,662
6 years$18,982$17,891$16,864$15,897$14,986$13,760
7 years$16,106$15,025$14,014$13,070$12,188$11,012
8 years$13,951$12,879$11,885$10,964$10,111$8,987
9 years$12,275$11,214$10,237$9,339$8,515$7,441
10 years$10,935$9,884$8,925$8,050$7,255$6,232
11 years$9,840$8,799$7,857$7,006$6,239$5,265
12 years$8,928$7,898$6,973$6,145$5,407$4,481
13 years$8,156$7,137$6,230$5,425$4,715$3,835
14 years$7,496$6,488$5,598$4,816$4,133$3,299
15 years$6,924$5,927$5,054$4,295$3,639$2,849
16 years$6,424$5,438$4,582$3,846$3,216$2,469
17 years$5,983$5,008$4,169$3,455$2,852$2,146
18 years$5,592$4,627$3,806$3,114$2,536$1,870
19 years$5,242$4,289$3,484$2,814$2,260$1,632
20 years$4,928$3,985$3,198$2,548$2,019$1,428
21 years$4,644$3,712$2,941$2,313$1,807$1,251
22 years$4,386$3,465$2,711$2,103$1,619$1,097
23 years$4,151$3,241$2,503$1,915$1,454$964
24 years$3,936$3,036$2,315$1,747$1,307$847
25 years$3,738$2,850$2,144$1,595$1,176$745
26 years$3,556$2,678$1,989$1,459$1,059$657
27 years$3,388$2,520$1,846$1,335$955$579
28 years$3,232$2,375$1,717$1,223$862$510
29 years$3,087$2,241$1,597$1,122$778$450
30 years$2,952$2,116$1,488$1,029$703$397
31 years$2,825$2,000$1,387$945$635$351
32 years$2,707$1,893$1,294$869$575$310
33 years$2,597$1,792$1,208$799$520$274
34 years$2,493$1,699$1,129$735$471$242
35 years$2,395$1,611$1,056$677$427$214
36 years$2,303$1,529$988$623$387$189
37 years$2,216$1,453$924$574$350$167
38 years$2,134$1,380$866$529$318$148
39 years$2,056$1,313$811$488$288$131
40 years$1,982$1,249$760$450$261$116
41 years$1,912$1,189$713$415$237$103
42 years$1,846$1,132$669$383$215$91
43 years$1,783$1,079$627$354$195$80
44 years$1,723$1,028$589$327$177$71
45 years$1,666$981$553$302$161$63
46 years$1,611$935$519$279$146$56
47 years$1,559$893$488$257$133$49
48 years$1,509$852$458$238$120$44
49 years$1,461$814$431$220$109$39
50 years$1,416$777$405$203$99$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,450,000, adding $5,954 every year, while hoping to spend $58,659 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: 49/28/23 Blend
45$1,450,000$1,450,000$1,450,000$1,450,000
46$1,604,042$1,527,192$1,504,717$1,671,957
47$1,705,241$1,539,611$1,492,712$1,732,292
48$1,814,797$1,550,673$1,478,339$1,791,423
49$1,933,500$1,560,250$1,461,457$1,854,465
50$2,062,218$1,568,204$1,441,917$1,921,811
51$2,201,908$1,574,389$1,419,565$1,993,899
52$2,353,621$1,578,653$1,394,239$2,071,212
53$2,518,513$1,580,829$1,365,768$2,154,286
54$2,697,855$1,580,744$1,333,976$2,243,714
55$2,893,048$1,578,212$1,298,675$2,340,154
56$3,105,631$1,573,036$1,259,673$2,444,333
57$3,337,298$1,565,008$1,216,765$2,557,057
58$3,589,915$1,553,906$1,169,739$2,679,217
59$3,865,533$1,539,494$1,118,372$2,811,799
60$4,166,412$1,521,523$1,062,432$2,955,896
61$4,495,038$1,499,730$1,001,675$3,112,714
62$4,854,149$1,473,834$935,848$3,283,590
63$5,246,758$1,443,538$864,686$3,470,001
64$5,676,185$1,408,529$787,910$3,673,580
65$6,146,082$1,368,473$705,232$3,896,135
66$6,660,474$1,323,019$616,347$4,139,662
67$7,223,788$1,271,794$520,942$4,406,370
68$7,840,906$1,214,403$418,684$4,698,698
69$8,517,198$1,150,429$309,230$5,019,343
70$9,258,583$1,079,430$192,220$5,371,286
71$10,071,577$1,000,940$67,278$5,757,820
72$10,963,358$914,466$0$6,182,582
73$11,941,831$819,486$0$6,665,802
74$13,015,705$715,449$0$7,214,383
75$14,194,573$601,771$0$7,816,803
76$15,489,000$477,838$0$8,478,587
77$16,910,625$343,000$0$9,205,828
78$18,472,272$196,570$0$10,005,247
79$20,188,064$37,822$0$10,884,259
80$22,073,564$0$0$11,851,039
81$24,145,913$0$0$12,955,896
82$26,423,999$0$0$14,183,420
83$28,928,628$0$0$15,533,192
84$31,682,725$0$0$17,017,587
85$34,711,546$0$0$18,650,241
86$38,042,918$0$0$20,446,176
87$41,707,500$0$0$22,421,945
88$45,739,072$0$0$24,595,787
89$50,174,852$0$0$26,987,794
90$55,055,850$0$0$29,620,108
91$60,427,249$0$0$32,517,124
92$66,338,835$0$0$35,705,722
93$72,845,466$0$0$39,215,521
94$80,007,584$0$0$43,079,156
95$87,891,794$0$0$47,332,586
96$96,571,480$0$0$52,015,435
97$106,127,509$0$0$57,171,366
98$116,648,983$0$0$62,848,487
99$128,234,087$0$0$69,099,813
100$140,991,008$0$0$75,983,759