Can I retire at age 46 with 1,790,000?

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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$147,817$146,500$145,215$143,961$142,737$138,948
2 years$73,176$71,814$70,493$69,212$67,970$64,179
3 years$48,300$46,931$45,614$44,345$43,123$39,449
4 years$35,864$34,499$33,195$31,948$30,756$27,227
5 years$28,404$27,048$25,761$24,539$23,380$20,006
6 years$23,433$22,087$20,818$19,624$18,500$15,283
7 years$19,883$18,548$17,300$16,134$15,045$11,987
8 years$17,222$15,899$14,672$13,534$12,482$9,580
9 years$15,153$13,843$12,637$11,528$10,511$7,764
10 years$13,500$12,202$11,017$9,938$8,956$6,359
11 years$12,147$10,863$9,699$8,649$7,703$5,252
12 years$11,021$9,750$8,608$7,586$6,675$4,367
13 years$10,069$8,811$7,691$6,697$5,821$3,650
14 years$9,254$8,009$6,910$5,945$5,102$3,064
15 years$8,548$7,316$6,239$5,302$4,492$2,581
16 years$7,930$6,713$5,656$4,747$3,970$2,181
17 years$7,386$6,182$5,147$4,265$3,520$1,847
18 years$6,903$5,713$4,699$3,844$3,130$1,567
19 years$6,472$5,294$4,301$3,473$2,790$1,333
20 years$6,084$4,920$3,948$3,146$2,492$1,134
21 years$5,733$4,583$3,631$2,855$2,230$967
22 years$5,415$4,278$3,347$2,596$1,999$825
23 years$5,125$4,001$3,090$2,364$1,794$705
24 years$4,859$3,748$2,858$2,156$1,613$602
25 years$4,615$3,518$2,647$1,969$1,451$515
26 years$4,390$3,306$2,455$1,801$1,307$441
27 years$4,182$3,111$2,279$1,648$1,179$377
28 years$3,990$2,932$2,119$1,510$1,064$323
29 years$3,810$2,766$1,972$1,385$960$277
30 years$3,644$2,612$1,837$1,271$868$237
31 years$3,488$2,469$1,712$1,167$785$203
32 years$3,342$2,336$1,598$1,073$710$174
33 years$3,206$2,213$1,492$986$642$149
34 years$3,077$2,097$1,394$908$581$128
35 years$2,957$1,989$1,303$835$527$110
36 years$2,843$1,888$1,219$769$477$94
37 years$2,736$1,793$1,141$709$432$81
38 years$2,634$1,704$1,069$653$392$69
39 years$2,538$1,620$1,001$602$356$60
40 years$2,447$1,542$938$556$323$51
41 years$2,361$1,468$880$513$293$44
42 years$2,279$1,398$825$473$265$38
43 years$2,201$1,332$774$437$241$32
44 years$2,127$1,269$727$403$219$28
45 years$2,056$1,210$683$372$199$24
46 years$1,989$1,155$641$344$180$20
47 years$1,924$1,102$602$318$164$18
48 years$1,863$1,052$566$294$149$15
49 years$1,804$1,005$532$271$135$13
50 years$1,748$960$500$251$123$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,790,000, adding $4,965 every year, while hoping to spend $48,550 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: 77/12/11 Blend
45$1,790,000$1,790,000$1,790,000$1,790,000
46$1,977,701$1,882,831$1,855,086$2,125,614
47$2,127,770$1,923,433$1,865,575$2,264,259
48$2,291,519$1,964,398$1,874,788$2,409,553
49$2,470,291$2,005,691$1,882,631$2,567,486
50$2,665,567$2,047,276$1,889,005$2,739,298
51$2,878,975$2,089,112$1,893,807$2,926,353
52$3,112,309$2,131,157$1,896,928$3,130,156
53$3,367,543$2,173,362$1,898,253$3,352,362
54$3,646,850$2,215,675$1,897,663$3,594,798
55$3,952,625$2,258,039$1,895,031$3,859,472
56$4,287,504$2,300,394$1,890,225$4,148,599
57$4,654,389$2,342,674$1,883,108$4,464,618
58$5,056,478$2,384,806$1,873,533$4,810,217
59$5,497,291$2,426,713$1,861,348$5,188,357
60$5,980,706$2,468,314$1,846,395$5,602,298
61$6,510,994$2,509,517$1,828,505$6,055,637
62$7,092,860$2,550,228$1,807,505$6,552,331
63$7,731,485$2,590,342$1,783,209$7,096,746
64$8,432,577$2,629,750$1,755,427$7,693,688
65$9,202,423$2,668,331$1,723,958$8,348,456
66$10,047,951$2,705,959$1,688,590$9,066,886
67$10,976,788$2,742,498$1,649,105$9,855,411
68$11,997,342$2,777,801$1,605,271$10,721,118
69$13,118,871$2,811,714$1,556,847$11,671,819
70$14,351,576$2,844,068$1,503,583$12,716,120
71$15,706,697$2,874,688$1,445,213$13,863,506
72$17,196,615$2,903,382$1,381,462$15,124,427
73$18,834,971$2,929,949$1,312,042$16,510,401
74$20,636,795$2,954,174$1,236,653$18,034,121
75$22,618,646$2,975,826$1,154,978$19,709,572
76$24,798,767$2,994,661$1,066,690$21,552,168
77$27,197,262$3,010,420$971,444$23,578,895
78$29,836,277$3,022,825$868,882$25,808,470
79$32,740,215$3,031,581$758,628$28,261,521
80$35,935,966$3,036,377$640,290$30,960,780
81$39,453,154$3,036,880$513,461$33,931,299
82$43,324,426$3,032,737$377,711$37,200,685
83$47,585,749$3,023,573$232,596$40,799,361
84$52,276,757$3,008,990$77,650$44,760,857
85$57,441,122$2,988,566$0$49,122,120
86$63,126,964$2,961,853$0$53,934,163
87$69,387,308$2,928,378$0$59,241,962
88$76,280,581$2,887,636$0$65,085,907
89$83,871,165$2,839,094$0$71,520,562
90$92,230,001$2,782,188$0$78,606,053
91$101,435,265$2,716,318$0$86,408,638
92$111,573,096$2,640,852$0$95,001,330
93$122,738,416$2,555,118$0$104,464,591
94$135,035,822$2,458,407$0$114,887,084
95$148,580,574$2,349,966$0$126,366,518
96$163,499,679$2,229,001$0$139,010,564
97$179,933,096$2,094,672$0$152,937,876
98$198,035,049$1,946,088$0$168,279,208
99$217,975,488$1,782,310$0$185,178,649
100$239,941,689$1,602,345$0$203,794,986