Can I retire at age 46 with 1,570,000?

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 $1,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$129,649$128,494$127,368$126,268$125,194$121,381
2 years$64,183$62,987$61,829$60,706$59,616$55,807
3 years$42,363$41,163$40,007$38,895$37,823$34,138
4 years$31,456$30,259$29,115$28,021$26,976$23,442
5 years$24,913$23,724$22,595$21,523$20,506$17,135
6 years$20,553$19,372$18,260$17,212$16,226$13,019
7 years$17,439$16,269$15,174$14,151$13,196$10,153
8 years$15,105$13,945$12,869$11,871$10,947$8,067
9 years$13,291$12,142$11,084$10,111$9,219$6,498
10 years$11,840$10,702$9,663$8,716$7,855$5,289
11 years$10,654$9,528$8,507$7,586$6,756$4,340
12 years$9,667$8,552$7,550$6,654$5,854$3,585
13 years$8,831$7,728$6,745$5,874$5,105$2,976
14 years$8,116$7,025$6,061$5,214$4,475$2,481
15 years$7,497$6,417$5,472$4,650$3,940$2,075
16 years$6,956$5,888$4,961$4,164$3,482$1,741
17 years$6,479$5,422$4,515$3,741$3,088$1,464
18 years$6,055$5,010$4,121$3,372$2,746$1,233
19 years$5,676$4,644$3,773$3,047$2,447$1,040
20 years$5,336$4,315$3,462$2,759$2,186$879
21 years$5,028$4,019$3,185$2,504$1,956$744
22 years$4,749$3,752$2,935$2,277$1,753$630
23 years$4,495$3,509$2,710$2,074$1,574$533
24 years$4,262$3,288$2,506$1,891$1,415$452
25 years$4,048$3,085$2,321$1,727$1,273$384
26 years$3,850$2,900$2,153$1,579$1,147$326
27 years$3,668$2,729$1,999$1,446$1,034$277
28 years$3,499$2,572$1,859$1,324$933$235
29 years$3,342$2,426$1,730$1,215$842$200
30 years$3,196$2,291$1,611$1,115$761$170
31 years$3,059$2,166$1,502$1,024$688$144
32 years$2,931$2,049$1,401$941$622$123
33 years$2,812$1,941$1,308$865$563$104
34 years$2,699$1,839$1,223$796$510$89
35 years$2,593$1,745$1,143$733$462$75
36 years$2,494$1,656$1,069$675$419$64
37 years$2,399$1,573$1,001$622$379$55
38 years$2,310$1,495$937$573$344$46
39 years$2,226$1,421$878$528$312$39
40 years$2,146$1,352$823$487$283$34
41 years$2,071$1,287$772$450$257$29
42 years$1,999$1,226$724$415$233$24
43 years$1,930$1,168$679$383$211$21
44 years$1,865$1,113$638$354$192$18
45 years$1,803$1,062$599$327$174$15
46 years$1,744$1,013$562$302$158$13
47 years$1,688$967$528$279$144$11
48 years$1,634$923$496$258$130$9
49 years$1,582$881$467$238$118$8
50 years$1,533$842$439$220$108$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,570,000, adding $4,104 every year, while hoping to spend $59,181 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: 29/45/26 Blend
45$1,570,000$1,570,000$1,570,000$1,570,000
46$1,734,373$1,651,163$1,626,828$1,770,592
47$1,848,311$1,669,102$1,618,359$1,817,252
48$1,971,887$1,685,937$1,607,622$1,861,925
49$2,106,022$1,701,550$1,594,480$1,908,755
50$2,251,729$1,715,818$1,578,787$1,957,965
51$2,410,120$1,728,608$1,560,392$2,009,810
52$2,582,422$1,739,779$1,539,134$2,064,571
53$2,769,982$1,749,182$1,514,849$2,122,564
54$2,974,285$1,756,656$1,487,360$2,184,141
55$3,196,961$1,762,032$1,456,487$2,249,694
56$3,439,809$1,765,129$1,422,037$2,319,662
57$3,704,805$1,765,756$1,383,811$2,394,532
58$3,994,126$1,763,709$1,341,599$2,474,847
59$4,310,168$1,758,772$1,295,184$2,561,213
60$4,655,568$1,750,715$1,244,335$2,654,303
61$5,033,231$1,739,294$1,188,815$2,754,866
62$5,446,353$1,724,253$1,128,373$2,863,734
63$5,898,456$1,705,315$1,062,748$2,981,834
64$6,393,415$1,682,192$991,667$3,110,194
65$6,935,499$1,654,575$914,843$3,249,957
66$7,529,409$1,622,139$831,980$3,402,390
67$8,180,323$1,584,538$742,765$3,568,902
68$8,893,941$1,541,406$646,874$3,751,055
69$9,676,545$1,492,356$543,965$3,950,583
70$10,535,049$1,436,978$433,685$4,169,406
71$11,477,073$1,374,840$315,663$4,409,656
72$12,511,009$1,305,481$189,511$4,673,694
73$13,646,099$1,228,416$54,827$4,964,136
74$14,892,525$1,143,133$0$5,283,882
75$16,261,505$1,049,088$0$5,660,806
76$17,765,393$945,709$0$6,091,634
77$19,417,803$832,388$0$6,565,202
78$21,233,729$708,485$0$7,085,999
79$23,229,692$573,323$0$7,658,985
80$25,423,891$426,187$0$8,289,636
81$27,836,380$266,322$0$8,984,005
82$30,489,248$92,930$0$9,748,773
83$33,406,837$0$0$10,591,319
84$36,615,961$0$0$11,566,752
85$40,146,168$0$0$12,690,684
86$44,030,009$0$0$13,927,496
87$48,303,354$0$0$15,288,648
88$53,005,723$0$0$16,786,764
89$58,180,658$0$0$18,435,757
90$63,876,141$0$0$20,250,954
91$70,145,035$0$0$22,249,246
92$77,045,594$0$0$24,449,244
93$84,642,000$0$0$26,871,454
94$93,004,980$0$0$29,538,475
95$102,212,462$0$0$32,475,204
96$112,350,318$0$0$35,709,080
97$123,513,170$0$0$39,270,335
98$135,805,280$0$0$43,192,285
99$149,341,540$0$0$47,511,639
100$164,248,548$0$0$52,268,850