Can I retire at age 46 with 1,530,000?

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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$126,346$125,221$124,123$123,051$122,004$121,490
2 years$62,548$61,383$60,254$59,159$58,097$57,578
3 years$41,284$40,114$38,988$37,904$36,859$36,351
4 years$30,655$29,488$28,373$27,308$26,288$25,796
5 years$24,278$23,119$22,019$20,975$19,984$19,508
6 years$20,029$18,878$17,795$16,774$15,813$15,354
7 years$16,995$15,854$14,787$13,791$12,860$12,418
8 years$14,721$13,590$12,541$11,569$10,669$10,244
9 years$12,952$11,832$10,801$9,854$8,984$8,577
10 years$11,539$10,430$9,417$8,494$7,655$7,265
11 years$10,383$9,285$8,291$7,392$6,584$6,211
12 years$9,420$8,334$7,358$6,484$5,705$5,349
13 years$8,606$7,531$6,574$5,725$4,975$4,635
14 years$7,910$6,846$5,906$5,082$4,361$4,037
15 years$7,306$6,254$5,333$4,532$3,840$3,531
16 years$6,778$5,738$4,835$4,058$3,394$3,100
17 years$6,313$5,284$4,399$3,646$3,009$2,730
18 years$5,901$4,883$4,016$3,286$2,676$2,411
19 years$5,532$4,525$3,677$2,969$2,385$2,134
20 years$5,200$4,205$3,374$2,689$2,130$1,892
21 years$4,900$3,917$3,104$2,440$1,906$1,681
22 years$4,628$3,656$2,860$2,219$1,709$1,496
23 years$4,380$3,420$2,641$2,021$1,534$1,333
24 years$4,153$3,204$2,443$1,843$1,379$1,189
25 years$3,945$3,007$2,262$1,683$1,241$1,062
26 years$3,752$2,826$2,098$1,539$1,117$949
27 years$3,575$2,660$1,948$1,409$1,007$849
28 years$3,410$2,506$1,811$1,291$909$760
29 years$3,257$2,364$1,686$1,184$821$681
30 years$3,114$2,233$1,570$1,086$742$610
31 years$2,981$2,111$1,464$998$671$547
32 years$2,857$1,997$1,366$917$607$491
33 years$2,740$1,891$1,275$843$549$441
34 years$2,630$1,793$1,191$776$497$396
35 years$2,527$1,700$1,114$714$450$356
36 years$2,430$1,614$1,042$658$408$320
37 years$2,338$1,533$975$606$370$287
38 years$2,252$1,457$913$559$335$258
39 years$2,170$1,385$856$515$304$232
40 years$2,092$1,318$802$475$276$209
41 years$2,018$1,254$752$438$250$188
42 years$1,948$1,195$705$404$227$169
43 years$1,881$1,138$662$373$206$152
44 years$1,818$1,085$621$345$187$137
45 years$1,757$1,035$583$318$170$123
46 years$1,700$987$548$294$154$111
47 years$1,645$942$515$272$140$100
48 years$1,592$899$484$251$127$90
49 years$1,542$859$455$232$115$81
50 years$1,494$820$428$214$105$73

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,530,000, adding $3,215 every year, while hoping to spend $24,030 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: 62/23/15 Blend
45$1,530,000$1,530,000$1,530,000$1,530,000
46$1,689,376$1,608,286$1,584,571$1,787,665
47$1,836,125$1,661,525$1,612,087$1,907,337
48$1,997,037$1,716,566$1,639,718$2,034,906
49$2,173,530$1,773,474$1,667,445$2,173,588
50$2,367,170$1,832,313$1,695,244$2,324,464
51$2,579,676$1,893,152$1,723,090$2,488,723
52$2,812,947$1,956,060$1,750,957$2,667,673
53$3,069,070$2,021,110$1,778,817$2,862,755
54$3,350,349$2,088,377$1,806,640$3,075,556
55$3,659,316$2,157,940$1,834,395$3,307,821
56$3,998,767$2,229,879$1,862,047$3,561,473
57$4,371,776$2,304,279$1,889,561$3,838,628
58$4,781,735$2,381,226$1,916,899$4,141,618
59$5,232,376$2,460,810$1,944,019$4,473,010
60$5,727,814$2,543,126$1,970,880$4,835,631
61$6,272,582$2,628,269$1,997,435$5,232,593
62$6,871,672$2,716,342$2,023,636$5,667,326
63$7,530,588$2,807,447$2,049,433$6,143,605
64$8,255,390$2,901,694$2,074,770$6,665,591
65$9,052,757$2,999,195$2,099,593$7,237,864
66$9,930,048$3,100,065$2,123,839$7,865,473
67$10,895,371$3,204,426$2,147,446$8,553,974
68$11,957,659$3,312,404$2,170,345$9,309,493
69$13,126,756$3,424,127$2,192,468$10,138,775
70$14,413,508$3,539,732$2,213,738$11,049,251
71$15,829,864$3,659,357$2,234,077$12,049,108
72$17,388,994$3,783,149$2,253,402$13,147,366
73$19,105,406$3,911,258$2,271,625$14,353,960
74$20,995,088$4,043,840$2,288,655$15,679,838
75$23,075,657$4,181,059$2,304,396$17,137,061
76$25,366,525$4,323,081$2,318,744$18,738,916
77$27,889,081$4,470,083$2,331,592$20,500,044
78$30,666,896$4,622,246$2,342,830$22,436,575
79$33,725,942$4,779,759$2,352,337$24,566,282
80$37,094,838$4,942,817$2,359,990$26,908,747
81$40,805,120$5,111,623$2,365,658$29,485,545
82$44,891,539$5,286,389$2,369,204$32,320,449
83$49,392,388$5,467,334$2,370,484$35,439,654
84$54,349,864$5,654,686$2,369,348$38,872,021
85$59,810,465$5,848,681$2,365,636$42,649,354
86$65,825,430$6,049,564$2,359,182$46,806,693
87$72,451,222$6,257,590$2,349,813$51,382,652
88$79,750,060$6,473,026$2,337,345$56,419,777
89$87,790,507$6,696,145$2,321,588$61,964,950
90$96,648,117$6,927,234$2,302,339$68,069,830
91$106,406,147$7,166,591$2,279,389$74,791,341
92$117,156,343$7,414,523$2,252,518$82,192,209
93$128,999,808$7,671,353$2,221,496$90,341,553
94$142,047,952$7,937,413$2,186,079$99,315,535
95$156,423,547$8,213,050$2,146,017$109,198,084
96$172,261,884$8,498,624$2,101,043$120,081,682
97$189,712,050$8,794,511$2,050,882$132,068,238
98$208,938,335$9,101,098$1,995,243$145,270,052
99$230,121,785$9,418,792$1,933,823$159,810,873
100$253,461,907$9,748,012$1,866,306$175,827,063