Can I retire at age 46 with 1,710,000?

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 $1,710,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$141,210$139,952$138,725$137,527$136,358$133,115
2 years$69,906$68,604$67,342$66,119$64,932$61,685
3 years$46,141$44,834$43,575$42,363$41,196$38,044
4 years$34,261$32,957$31,711$30,520$29,381$26,350
5 years$27,135$25,839$24,609$23,442$22,335$19,433
6 years$22,385$21,099$19,888$18,747$17,673$14,903
7 years$18,994$17,719$16,527$15,413$14,373$11,735
8 years$16,452$15,189$14,016$12,930$11,924$9,417
9 years$14,476$13,225$12,072$11,013$10,041$7,664
10 years$12,896$11,657$10,525$9,493$8,556$6,305
11 years$11,604$10,377$9,266$8,262$7,358$5,231
12 years$10,529$9,314$8,223$7,247$6,377$4,369
13 years$9,619$8,417$7,347$6,398$5,560$3,669
14 years$8,840$7,651$6,601$5,679$4,874$3,094
15 years$8,166$6,989$5,960$5,065$4,292$2,620
16 years$7,576$6,413$5,404$4,535$3,793$2,224
17 years$7,056$5,906$4,917$4,075$3,363$1,894
18 years$6,595$5,457$4,489$3,672$2,990$1,615
19 years$6,182$5,058$4,109$3,318$2,665$1,380
20 years$5,812$4,700$3,771$3,005$2,381$1,182
21 years$5,477$4,378$3,469$2,727$2,131$1,013
22 years$5,173$4,086$3,197$2,480$1,910$869
23 years$4,895$3,822$2,952$2,258$1,714$746
24 years$4,642$3,581$2,730$2,060$1,541$641
25 years$4,409$3,361$2,529$1,881$1,386$551
26 years$4,194$3,158$2,345$1,720$1,249$474
27 years$3,995$2,972$2,178$1,574$1,126$408
28 years$3,811$2,801$2,024$1,443$1,016$352
29 years$3,640$2,642$1,884$1,323$917$303
30 years$3,481$2,495$1,755$1,214$829$261
31 years$3,332$2,359$1,636$1,115$749$225
32 years$3,193$2,232$1,526$1,025$678$194
33 years$3,062$2,114$1,425$942$614$167
34 years$2,940$2,003$1,332$867$555$144
35 years$2,825$1,900$1,245$798$503$125
36 years$2,716$1,804$1,165$735$456$108
37 years$2,613$1,713$1,090$677$413$93
38 years$2,516$1,628$1,021$624$375$80
39 years$2,425$1,548$956$576$340$69
40 years$2,338$1,473$896$531$308$60
41 years$2,255$1,402$841$490$280$52
42 years$2,177$1,335$788$452$254$44
43 years$2,103$1,272$740$417$230$38
44 years$2,032$1,213$694$385$209$33
45 years$1,964$1,156$652$356$190$29
46 years$1,900$1,103$612$329$172$25
47 years$1,838$1,053$575$304$156$21
48 years$1,780$1,005$541$281$142$18
49 years$1,723$960$508$259$129$16
50 years$1,670$917$478$240$117$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,710,000, adding $4,660 every year, while hoping to spend $37,759 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: 59/15/26 Blend
45$1,710,000$1,710,000$1,710,000$1,710,000
46$1,889,227$1,798,597$1,772,092$1,987,159
47$2,041,753$1,846,553$1,791,282$2,102,460
48$2,208,571$1,895,593$1,809,849$2,223,724
49$2,391,099$1,945,731$1,827,732$2,355,194
50$2,590,898$1,996,979$1,844,869$2,497,871
51$2,809,688$2,049,349$1,861,190$2,652,856
52$3,049,362$2,102,853$1,876,626$2,821,363
53$3,312,005$2,157,501$1,891,101$3,004,729
54$3,599,913$2,213,302$1,904,536$3,204,428
55$3,915,615$2,270,265$1,916,849$3,422,083
56$4,261,897$2,328,397$1,927,953$3,659,483
57$4,641,827$2,387,705$1,937,756$3,918,599
58$5,058,784$2,448,193$1,946,161$4,201,605
59$5,516,490$2,509,865$1,953,068$4,510,892
60$6,019,047$2,572,723$1,958,371$4,849,100
61$6,570,970$2,636,767$1,961,956$5,219,134
62$7,177,236$2,701,996$1,963,709$5,624,200
63$7,843,326$2,768,405$1,963,505$6,067,826
64$8,575,278$2,835,990$1,961,215$6,553,905
65$9,379,745$2,904,743$1,956,705$7,086,723
66$10,264,057$2,974,652$1,949,832$7,671,007
67$11,236,287$3,045,706$1,940,448$8,311,964
68$12,305,331$3,117,889$1,928,395$9,015,334
69$13,480,990$3,191,181$1,913,512$9,787,442
70$14,774,063$3,265,561$1,895,627$10,635,261
71$16,196,446$3,341,002$1,874,559$11,566,473
72$17,761,249$3,417,477$1,850,122$12,589,546
73$19,482,914$3,494,950$1,822,119$13,713,813
74$21,377,354$3,573,386$1,790,343$14,949,560
75$23,462,103$3,652,741$1,754,578$16,308,121
76$25,756,481$3,732,968$1,714,600$17,801,991
77$28,281,775$3,814,016$1,670,171$19,444,938
78$31,061,439$3,895,827$1,621,046$21,252,137
79$34,121,320$3,978,336$1,566,964$23,240,313
80$37,489,894$4,061,474$1,507,657$25,427,898
81$41,198,541$4,145,164$1,442,842$27,835,207
82$45,281,837$4,229,322$1,372,222$30,484,628
83$49,777,883$4,313,857$1,295,489$33,400,835
84$54,728,660$4,398,669$1,212,321$36,611,023
85$60,180,429$4,483,650$1,122,380$40,145,162
86$66,184,166$4,568,682$1,025,314$44,036,282
87$72,796,043$4,653,639$920,753$48,320,787
88$80,077,956$4,738,384$808,315$53,038,796
89$88,098,110$4,822,767$687,596$58,234,523
90$96,931,664$4,906,630$558,177$63,956,698
91$106,661,438$4,989,799$419,621$70,259,024
92$117,378,696$5,072,091$271,469$77,200,688
93$129,184,005$5,153,305$113,245$84,846,915
94$142,188,184$5,233,228$0$93,269,594
95$156,513,354$5,311,631$0$102,563,373
96$172,294,083$5,388,267$0$112,834,667
97$189,678,661$5,462,875$0$124,148,398
98$208,830,500$5,535,171$0$136,610,768
99$229,929,673$5,604,856$0$150,338,808
100$253,174,612$5,671,606$0$165,461,484