Can I retire at age 46 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$145,339$144,045$142,781$141,549$140,345$137,287
2 years$71,950$70,610$69,311$68,052$66,831$63,765
3 years$47,490$46,144$44,849$43,602$42,400$39,423
4 years$35,263$33,921$32,639$31,413$30,240$27,374
5 years$27,928$26,595$25,329$24,128$22,988$20,241
6 years$23,040$21,716$20,470$19,295$18,190$15,565
7 years$19,550$18,237$17,010$15,864$14,793$12,291
8 years$16,933$15,633$14,426$13,308$12,272$9,892
9 years$14,900$13,611$12,425$11,335$10,335$8,075
10 years$13,273$11,998$10,833$9,771$8,806$6,663
11 years$11,944$10,681$9,537$8,504$7,573$5,546
12 years$10,836$9,586$8,464$7,459$6,563$4,647
13 years$9,900$8,663$7,562$6,585$5,723$3,915
14 years$9,099$7,875$6,794$5,846$5,017$3,314
15 years$8,404$7,194$6,134$5,213$4,417$2,815
16 years$7,797$6,600$5,562$4,668$3,904$2,399
17 years$7,263$6,078$5,061$4,194$3,461$2,050
18 years$6,788$5,617$4,620$3,780$3,078$1,755
19 years$6,363$5,206$4,229$3,415$2,743$1,505
20 years$5,982$4,837$3,881$3,093$2,450$1,293
21 years$5,637$4,506$3,570$2,807$2,193$1,113
22 years$5,324$4,206$3,290$2,552$1,966$958
23 years$5,039$3,934$3,038$2,325$1,764$826
24 years$4,777$3,686$2,810$2,120$1,586$713
25 years$4,538$3,459$2,602$1,936$1,427$615
26 years$4,316$3,251$2,414$1,770$1,285$532
27 years$4,112$3,059$2,241$1,620$1,159$460
28 years$3,923$2,883$2,084$1,485$1,046$397
29 years$3,747$2,720$1,939$1,361$944$344
30 years$3,583$2,568$1,806$1,250$853$298
31 years$3,429$2,428$1,684$1,148$771$258
32 years$3,286$2,297$1,571$1,055$698$223
33 years$3,152$2,176$1,467$970$631$193
34 years$3,026$2,062$1,370$892$572$167
35 years$2,907$1,956$1,281$821$518$145
36 years$2,795$1,856$1,199$757$469$126
37 years$2,690$1,763$1,122$697$425$109
38 years$2,590$1,676$1,051$642$386$94
39 years$2,496$1,593$984$592$350$82
40 years$2,406$1,516$923$546$317$71
41 years$2,321$1,443$865$504$288$61
42 years$2,241$1,374$811$465$261$53
43 years$2,164$1,309$761$429$237$46
44 years$2,091$1,248$715$397$215$40
45 years$2,022$1,190$671$366$195$35
46 years$1,955$1,135$630$338$177$30
47 years$1,892$1,083$592$313$161$26
48 years$1,832$1,034$557$289$146$23
49 years$1,774$988$523$267$133$20
50 years$1,718$944$492$247$121$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,760,000, adding $3,220 every year, while hoping to spend $35,284 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: 72/11/17 Blend
45$1,760,000$1,760,000$1,760,000$1,760,000
46$1,942,841$1,849,561$1,822,281$2,074,834
47$2,103,469$1,902,648$1,845,786$2,215,992
48$2,279,299$1,957,153$1,868,895$2,365,951
49$2,471,843$2,013,110$1,891,559$2,529,266
50$2,682,768$2,070,549$1,913,724$2,707,251
51$2,913,910$2,129,506$1,935,333$2,901,357
52$3,167,290$2,190,012$1,956,328$3,113,183
53$3,445,133$2,252,103$1,976,644$3,344,486
54$3,749,893$2,315,811$1,996,217$3,597,204
55$4,084,268$2,381,172$2,014,977$3,873,473
56$4,451,234$2,448,220$2,032,849$4,175,643
57$4,854,067$2,516,990$2,049,757$4,506,305
58$5,296,376$2,587,518$2,065,618$4,868,312
59$5,782,138$2,659,837$2,080,348$5,264,809
60$6,315,731$2,733,985$2,093,855$5,699,257
61$6,901,982$2,809,996$2,106,045$6,175,474
62$7,546,204$2,887,906$2,116,818$6,697,663
63$8,254,254$2,967,750$2,126,068$7,270,455
64$9,032,582$3,049,565$2,133,686$7,898,956
65$9,888,297$3,133,384$2,139,556$8,588,786
66$10,829,228$3,219,245$2,143,555$9,346,143
67$11,864,002$3,307,180$2,145,557$10,177,853
68$13,002,124$3,397,226$2,145,427$11,091,438
69$14,254,066$3,489,416$2,143,024$12,095,186
70$15,631,366$3,583,783$2,138,201$13,198,231
71$17,146,738$3,680,361$2,130,804$14,410,636
72$18,814,189$3,779,182$2,120,669$15,743,491
73$20,649,152$3,880,277$2,107,627$17,209,015
74$22,668,632$3,983,678$2,091,499$18,820,673
75$24,891,367$4,089,412$2,072,099$20,593,303
76$27,338,003$4,197,510$2,049,231$22,543,255
77$30,031,289$4,307,998$2,022,690$24,688,548
78$32,996,291$4,420,901$1,992,261$27,049,035
79$36,260,631$4,536,243$1,957,720$29,646,595
80$39,854,743$4,654,047$1,918,831$32,505,337
81$43,812,164$4,774,332$1,875,349$35,651,831
82$48,169,847$4,897,116$1,827,015$39,115,355
83$52,968,512$5,022,416$1,773,561$42,928,170
84$58,253,029$5,150,243$1,714,704$47,125,832
85$64,072,842$5,280,609$1,650,151$51,747,520
86$70,482,433$5,413,519$1,579,591$56,836,410
87$77,541,837$5,548,979$1,502,704$62,440,081
88$85,317,213$5,686,986$1,419,153$68,610,966
89$93,881,459$5,827,539$1,328,585$75,406,844
90$103,314,908$5,970,628$1,230,632$82,891,388
91$113,706,080$6,116,242$1,124,911$91,134,768
92$125,152,524$6,264,361$1,011,019$100,214,306
93$137,761,731$6,414,964$888,537$110,215,217
94$151,652,151$6,568,021$757,027$121,231,404
95$166,954,314$6,723,497$616,031$133,366,350
96$183,812,057$6,881,352$465,071$146,734,093
97$202,383,885$7,041,536$303,649$161,460,304
98$222,844,464$7,203,994$131,244$177,683,472
99$245,386,271$7,368,661$0$195,556,214
100$270,221,410$7,535,465$0$215,256,282