Can I retire at age 46 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$151,120$149,774$148,460$147,178$145,927$141,312
2 years$74,812$73,418$72,068$70,759$69,489$64,882
3 years$49,379$47,980$46,633$45,336$44,087$39,631
4 years$36,665$35,270$33,937$32,662$31,443$27,173
5 years$29,039$27,652$26,336$25,088$23,902$19,830
6 years$23,956$22,580$21,284$20,063$18,913$15,042
7 years$20,327$18,963$17,687$16,495$15,381$11,711
8 years$17,607$16,255$15,000$13,837$12,760$9,288
9 years$15,492$14,153$12,919$11,786$10,746$7,468
10 years$13,801$12,475$11,263$10,160$9,156$6,067
11 years$12,419$11,106$9,916$8,842$7,875$4,969
12 years$11,267$9,968$8,800$7,756$6,824$4,096
13 years$10,294$9,008$7,862$6,847$5,951$3,394
14 years$9,460$8,188$7,064$6,078$5,216$2,823
15 years$8,739$7,480$6,378$5,421$4,593$2,357
16 years$8,108$6,863$5,783$4,853$4,059$1,973
17 years$7,551$6,320$5,262$4,361$3,599$1,655
18 years$7,058$5,840$4,804$3,930$3,200$1,391
19 years$6,616$5,413$4,398$3,551$2,852$1,171
20 years$6,220$5,030$4,036$3,216$2,548$987
21 years$5,861$4,685$3,712$2,919$2,280$833
22 years$5,536$4,373$3,421$2,654$2,044$704
23 years$5,239$4,090$3,159$2,417$1,835$595
24 years$4,967$3,832$2,922$2,204$1,649$503
25 years$4,718$3,596$2,706$2,013$1,484$426
26 years$4,488$3,380$2,510$1,841$1,337$361
27 years$4,276$3,181$2,330$1,685$1,205$305
28 years$4,079$2,997$2,166$1,544$1,087$259
29 years$3,896$2,828$2,016$1,416$982$219
30 years$3,725$2,670$1,878$1,299$887$186
31 years$3,566$2,524$1,751$1,193$802$158
32 years$3,417$2,389$1,633$1,097$726$134
33 years$3,277$2,262$1,525$1,008$657$113
34 years$3,146$2,144$1,425$928$594$96
35 years$3,023$2,034$1,332$854$538$82
36 years$2,906$1,930$1,246$787$488$69
37 years$2,797$1,833$1,167$725$442$59
38 years$2,693$1,742$1,092$668$401$50
39 years$2,595$1,657$1,023$616$364$42
40 years$2,502$1,576$959$568$330$36
41 years$2,414$1,500$899$524$299$30
42 years$2,330$1,429$844$484$271$26
43 years$2,250$1,361$792$447$246$22
44 years$2,174$1,298$743$412$224$19
45 years$2,102$1,237$698$381$203$16
46 years$2,033$1,181$655$352$184$13
47 years$1,967$1,127$616$325$167$11
48 years$1,904$1,075$579$300$152$10
49 years$1,844$1,027$544$278$138$8
50 years$1,787$981$511$257$125$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,830,000, adding $2,135 every year, while hoping to spend $54,222 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: 70/14/16 Blend
45$1,830,000$1,830,000$1,830,000$1,830,000
46$2,018,862$1,921,872$1,893,507$2,152,523
47$2,167,094$1,958,352$1,899,248$2,278,184
48$2,328,629$1,994,802$1,903,364$2,408,977
49$2,504,766$2,031,164$1,905,743$2,550,739
50$2,696,934$2,067,374$1,906,268$2,704,545
51$2,906,710$2,103,364$1,904,816$2,871,578
52$3,135,825$2,139,059$1,901,259$3,053,143
53$3,386,188$2,174,382$1,895,460$3,250,680
54$3,659,900$2,209,247$1,887,277$3,465,771
55$3,959,271$2,243,562$1,876,563$3,700,163
56$4,286,850$2,277,229$1,863,161$3,955,780
57$4,645,439$2,310,144$1,846,907$4,234,742
58$5,038,126$2,342,194$1,827,631$4,539,388
59$5,468,312$2,373,257$1,805,153$4,872,291
60$5,939,739$2,403,206$1,779,285$5,236,292
61$6,456,532$2,431,903$1,749,831$5,634,518
62$7,023,233$2,459,201$1,716,585$6,070,416
63$7,644,843$2,484,943$1,679,331$6,547,789
64$8,326,873$2,508,961$1,637,845$7,070,823
65$9,075,391$2,531,077$1,591,890$7,644,136
66$9,897,082$2,551,100$1,541,219$8,272,816
67$10,799,309$2,568,829$1,485,575$8,962,470
68$11,790,185$2,584,048$1,424,687$9,719,281
69$12,878,644$2,596,526$1,358,274$10,550,060
70$14,074,530$2,606,021$1,286,041$11,462,318
71$15,388,688$2,612,272$1,207,680$12,464,330
72$16,833,065$2,615,004$1,122,868$13,565,219
73$18,420,823$2,613,924$1,031,268$14,775,039
74$20,166,461$2,608,721$932,530$16,104,873
75$22,085,956$2,599,064$826,286$17,566,936
76$24,196,909$2,584,603$712,152$19,174,690
77$26,518,711$2,564,967$589,727$20,942,974
78$29,072,730$2,539,760$458,593$22,888,143
79$31,882,505$2,508,565$318,313$25,028,224
80$34,973,975$2,470,939$168,430$27,383,083
81$38,375,718$2,426,413$8,470$29,974,620
82$42,119,222$2,374,487$0$32,826,969
83$46,239,182$2,314,637$0$35,994,430
84$50,773,828$2,246,304$0$39,481,967
85$55,765,283$2,168,897$0$43,320,539
86$61,259,961$2,081,792$0$47,545,859
87$67,309,004$1,984,327$0$52,197,279
88$73,968,766$1,875,803$0$57,318,168
89$81,301,343$1,755,480$0$62,956,318
90$89,375,157$1,622,576$0$69,164,393
91$98,265,605$1,476,263$0$76,000,433
92$108,055,764$1,315,668$0$83,528,396
93$118,837,182$1,139,866$0$91,818,764
94$130,710,737$947,882$0$100,949,210
95$143,787,587$738,683$0$111,005,331
96$158,190,224$511,181$0$122,081,456
97$174,053,622$264,224$0$134,281,534
98$191,526,519$0$0$147,720,123
99$210,772,814$0$0$162,523,989
100$231,973,114$0$0$178,875,817