Can I retire at age 46 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$148,642$147,318$146,027$144,766$143,535$142,154
2 years$73,585$72,215$70,887$69,599$68,350$66,959
3 years$48,570$47,193$45,868$44,593$43,364$42,006
4 years$36,064$34,692$33,380$32,127$30,928$29,613
5 years$28,563$27,199$25,905$24,676$23,511$22,243
6 years$23,564$22,210$20,935$19,734$18,603$17,385
7 years$19,994$18,652$17,397$16,224$15,129$13,960
8 years$17,318$15,988$14,754$13,610$12,551$11,432
9 years$15,238$13,921$12,708$11,593$10,570$9,499
10 years$13,575$12,270$11,079$9,993$9,006$7,984
11 years$12,215$10,924$9,754$8,697$7,746$6,771
12 years$11,083$9,804$8,656$7,628$6,712$5,784
13 years$10,125$8,860$7,734$6,735$5,853$4,970
14 years$9,305$8,054$6,949$5,978$5,131$4,292
15 years$8,595$7,357$6,274$5,332$4,518$3,722
16 years$7,975$6,750$5,688$4,774$3,993$3,239
17 years$7,428$6,217$5,176$4,289$3,540$2,827
18 years$6,942$5,744$4,725$3,866$3,148$2,473
19 years$6,508$5,324$4,325$3,493$2,806$2,169
20 years$6,118$4,947$3,970$3,163$2,506$1,905
21 years$5,765$4,608$3,651$2,871$2,243$1,677
22 years$5,445$4,302$3,365$2,610$2,010$1,478
23 years$5,153$4,023$3,107$2,377$1,804$1,304
24 years$4,886$3,769$2,874$2,168$1,622$1,151
25 years$4,641$3,537$2,662$1,980$1,459$1,018
26 years$4,415$3,325$2,468$1,811$1,315$901
27 years$4,206$3,129$2,292$1,657$1,185$798
28 years$4,012$2,948$2,131$1,518$1,069$707
29 years$3,832$2,781$1,983$1,392$966$627
30 years$3,664$2,627$1,847$1,278$873$556
31 years$3,507$2,483$1,722$1,174$789$493
32 years$3,361$2,350$1,607$1,079$714$438
33 years$3,224$2,225$1,500$992$646$389
34 years$3,095$2,109$1,402$913$585$345
35 years$2,973$2,000$1,310$840$530$307
36 years$2,859$1,898$1,226$774$480$273
37 years$2,751$1,803$1,147$713$435$242
38 years$2,649$1,714$1,074$657$394$216
39 years$2,552$1,629$1,007$606$358$192
40 years$2,461$1,550$944$559$324$170
41 years$2,374$1,476$885$516$294$152
42 years$2,292$1,405$830$476$267$135
43 years$2,213$1,339$779$439$242$120
44 years$2,139$1,276$731$406$220$107
45 years$2,068$1,217$686$375$200$95
46 years$2,000$1,161$645$346$181$85
47 years$1,935$1,108$606$320$165$75
48 years$1,873$1,058$569$295$149$67
49 years$1,814$1,010$535$273$136$60
50 years$1,757$965$503$252$123$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,800,000, adding $6,453 every year, while hoping to spend $40,652 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: 25/45/30 Blend
45$1,800,000$1,800,000$1,800,000$1,800,000
46$1,990,256$1,894,856$1,866,956$2,021,249
47$2,150,009$1,944,451$1,886,246$2,097,527
48$2,324,694$1,995,113$1,904,819$2,175,405
49$2,515,792$2,046,852$1,922,609$2,258,073
50$2,724,931$2,099,677$1,939,546$2,345,962
51$2,953,908$2,153,595$1,955,554$2,439,546
52$3,204,698$2,208,612$1,970,557$2,539,350
53$3,479,477$2,264,735$1,984,471$2,645,950
54$3,780,643$2,321,966$1,997,209$2,759,981
55$4,110,835$2,380,308$2,008,682$2,882,144
56$4,472,960$2,439,763$2,018,793$3,013,211
57$4,870,221$2,500,331$2,027,442$3,154,033
58$5,306,145$2,562,008$2,034,522$3,305,547
59$5,784,616$2,624,791$2,039,923$3,468,787
60$6,309,914$2,688,673$2,043,528$3,644,894
61$6,886,754$2,753,647$2,045,215$3,835,125
62$7,520,329$2,819,701$2,044,855$4,040,865
63$8,216,358$2,886,823$2,042,314$4,263,643
64$8,981,145$2,954,995$2,037,449$4,505,143
65$9,821,631$3,024,199$2,030,113$4,767,223
66$10,745,466$3,094,414$2,020,151$5,051,933
67$11,761,076$3,165,612$2,007,398$5,361,530
68$12,877,745$3,237,766$1,991,685$5,698,507
69$14,105,700$3,310,842$1,972,832$6,065,609
70$15,456,212$3,384,804$1,950,652$6,465,867
71$16,941,695$3,459,609$1,924,949$6,902,620
72$18,575,830$3,535,211$1,895,516$7,379,552
73$20,373,687$3,611,559$1,862,139$7,900,724
74$22,351,875$3,688,597$1,824,592$8,470,614
75$24,528,690$3,766,262$1,782,639$9,094,163
76$26,924,293$3,844,486$1,736,034$9,776,814
77$29,560,898$3,923,193$1,684,519$10,524,573
78$32,462,983$4,002,303$1,627,823$11,344,062
79$35,657,516$4,081,725$1,565,665$12,242,580
80$39,174,217$4,161,363$1,497,748$13,228,178
81$43,045,829$4,241,112$1,423,765$14,309,733
82$47,308,435$4,320,858$1,343,392$15,497,030
83$52,001,792$4,400,477$1,256,293$16,800,862
84$57,169,711$4,479,836$1,162,115$18,233,124
85$62,860,464$4,558,791$1,060,489$19,806,936
86$69,127,248$4,637,188$951,031$21,536,760
87$76,028,676$4,714,859$833,339$23,438,540
88$83,629,339$4,791,625$706,994$25,529,859
89$92,000,410$4,867,293$571,557$27,830,096
90$101,220,318$4,941,657$426,571$30,360,619
91$111,375,487$5,014,495$271,557$33,144,987
92$122,561,150$5,085,568$106,018$36,209,169
93$134,882,249$5,154,623$0$39,581,796
94$148,454,427$5,221,387$0$43,317,042
95$163,405,113$5,285,570$0$47,464,776
96$179,874,732$5,346,860$0$52,029,564
97$198,018,024$5,404,926$0$57,053,879
98$218,005,508$5,459,413$0$62,584,529
99$240,025,089$5,509,944$0$68,673,104
100$264,283,833$5,556,116$0$75,376,458