Can I retire at age 46 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$152,771$151,410$150,083$148,787$147,522$141,893
2 years$75,629$74,221$72,856$71,532$70,248$64,644
3 years$49,919$48,504$47,142$45,831$44,568$39,164
4 years$37,066$35,656$34,308$33,019$31,787$26,624
5 years$29,356$27,954$26,624$25,362$24,164$19,256
6 years$24,218$22,827$21,516$20,282$19,120$14,470
7 years$20,550$19,170$17,880$16,675$15,550$11,157
8 years$17,799$16,432$15,164$13,988$12,900$8,760
9 years$15,661$14,307$13,061$11,915$10,864$6,970
10 years$13,952$12,611$11,386$10,271$9,256$5,603
11 years$12,554$11,227$10,024$8,939$7,961$4,538
12 years$11,391$10,077$8,896$7,840$6,899$3,699
13 years$10,407$9,106$7,948$6,922$6,016$3,029
14 years$9,564$8,277$7,142$6,144$5,273$2,490
15 years$8,834$7,562$6,448$5,480$4,643$2,054
16 years$8,196$6,938$5,846$4,907$4,104$1,698
17 years$7,634$6,389$5,320$4,408$3,638$1,407
18 years$7,135$5,904$4,856$3,973$3,235$1,168
19 years$6,689$5,472$4,446$3,590$2,884$970
20 years$6,288$5,085$4,080$3,251$2,576$807
21 years$5,925$4,736$3,753$2,951$2,305$673
22 years$5,596$4,421$3,459$2,683$2,066$561
23 years$5,296$4,135$3,194$2,443$1,855$468
24 years$5,022$3,874$2,953$2,229$1,667$390
25 years$4,770$3,636$2,736$2,035$1,500$326
26 years$4,537$3,417$2,537$1,861$1,351$272
27 years$4,322$3,216$2,356$1,703$1,218$227
28 years$4,123$3,030$2,190$1,561$1,099$190
29 years$3,938$2,859$2,038$1,431$993$159
30 years$3,766$2,700$1,898$1,313$897$133
31 years$3,605$2,552$1,770$1,206$811$111
32 years$3,454$2,415$1,651$1,109$733$93
33 years$3,313$2,287$1,542$1,019$664$78
34 years$3,180$2,167$1,441$938$601$65
35 years$3,056$2,056$1,347$863$544$54
36 years$2,938$1,951$1,260$795$493$45
37 years$2,827$1,853$1,179$733$447$38
38 years$2,722$1,761$1,104$675$405$32
39 years$2,623$1,675$1,035$623$367$27
40 years$2,529$1,593$970$574$333$22
41 years$2,440$1,517$909$530$302$19
42 years$2,355$1,444$853$489$274$16
43 years$2,275$1,376$800$451$249$13
44 years$2,198$1,312$751$417$226$11
45 years$2,125$1,251$705$385$205$9
46 years$2,055$1,193$663$356$186$8
47 years$1,989$1,139$622$329$169$6
48 years$1,925$1,087$585$304$154$5
49 years$1,864$1,038$550$281$140$4
50 years$1,806$992$517$259$127$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,850,000, adding $5,437 every year, while hoping to spend $58,336 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: 34/43/23 Blend
45$1,850,000$1,850,000$1,850,000$1,850,000
46$2,044,308$1,946,258$1,917,583$2,099,323
47$2,190,759$1,979,556$1,919,753$2,174,025
48$2,350,192$2,012,530$1,920,041$2,248,828
49$2,523,870$2,045,103$1,918,321$2,328,313
50$2,713,184$2,077,192$1,914,464$2,412,935
51$2,919,662$2,108,707$1,908,331$2,503,192
52$3,144,987$2,139,553$1,899,780$2,599,638
53$3,391,011$2,169,627$1,888,659$2,702,886
54$3,659,776$2,198,821$1,874,810$2,813,612
55$3,953,525$2,227,015$1,858,068$2,932,566
56$4,274,731$2,254,085$1,838,260$3,060,576
57$4,626,115$2,279,897$1,815,203$3,198,559
58$5,010,674$2,304,307$1,788,708$3,347,528
59$5,431,709$2,327,163$1,758,575$3,508,603
60$5,892,852$2,348,303$1,724,596$3,683,022
61$6,398,105$2,367,553$1,686,552$3,872,156
62$6,951,876$2,384,727$1,644,216$4,077,518
63$7,559,018$2,399,630$1,597,349$4,300,781
64$8,224,878$2,412,051$1,545,699$4,543,795
65$8,955,343$2,421,769$1,489,007$4,808,603
66$9,756,898$2,428,546$1,426,999$5,097,463
67$10,636,687$2,432,130$1,359,389$5,412,872
68$11,602,579$2,432,254$1,285,879$5,757,586
69$12,663,242$2,428,635$1,206,156$6,134,650
70$13,828,225$2,420,970$1,119,894$6,547,428
71$15,108,046$2,408,939$1,026,752$6,999,638
72$16,514,292$2,392,203$926,375$7,495,382
73$18,059,731$2,370,402$818,389$8,039,194
74$19,758,425$2,343,153$702,407$8,636,078
75$21,625,869$2,310,052$578,022$9,291,560
76$23,679,133$2,270,670$444,811$10,011,744
77$25,937,023$2,224,552$302,331$10,803,365
78$28,420,261$2,171,217$150,121$11,673,860
79$31,151,676$2,110,154$0$12,631,438
80$34,156,420$2,040,825$0$13,688,185
81$37,462,207$1,962,658$0$14,890,590
82$41,099,572$1,875,048$0$16,212,942
83$45,102,159$1,777,356$0$17,667,557
84$49,507,039$1,668,906$0$19,268,018
85$54,355,057$1,548,982$0$21,029,306
86$59,691,219$1,416,829$0$22,967,942
87$65,565,116$1,271,646$0$25,102,144
88$72,031,391$1,112,590$0$27,452,004
89$79,150,252$938,766$0$30,039,677
90$86,988,045$749,232$0$32,889,595
91$95,617,873$542,992$0$36,028,698
92$105,120,290$318,993$0$39,486,691
93$115,584,061$76,124$0$43,296,330
94$127,106,992$0$0$47,493,731
95$139,796,864$0$0$52,207,100
96$153,772,439$0$0$57,438,051
97$169,164,586$0$0$63,199,592
98$186,117,513$0$0$69,545,751
99$204,790,131$0$0$76,536,061
100$225,357,547$0$0$84,236,127