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%12.5%
1 years$152,771$151,410$150,083$148,787$147,522$145,981
2 years$75,629$74,221$72,856$71,532$70,248$68,697
3 years$49,919$48,504$47,142$45,831$44,568$43,054
4 years$37,066$35,656$34,308$33,019$31,787$30,321
5 years$29,356$27,954$26,624$25,362$24,164$22,752
6 years$24,218$22,827$21,516$20,282$19,120$17,763
7 years$20,550$19,170$17,880$16,675$15,550$14,248
8 years$17,799$16,432$15,164$13,988$12,900$11,654
9 years$15,661$14,307$13,061$11,915$10,864$9,673
10 years$13,952$12,611$11,386$10,271$9,256$8,120
11 years$12,554$11,227$10,024$8,939$7,961$6,877
12 years$11,391$10,077$8,896$7,840$6,899$5,868
13 years$10,407$9,106$7,948$6,922$6,016$5,036
14 years$9,564$8,277$7,142$6,144$5,273$4,343
15 years$8,834$7,562$6,448$5,480$4,643$3,761
16 years$8,196$6,938$5,846$4,907$4,104$3,268
17 years$7,634$6,389$5,320$4,408$3,638$2,848
18 years$7,135$5,904$4,856$3,973$3,235$2,489
19 years$6,689$5,472$4,446$3,590$2,884$2,179
20 years$6,288$5,085$4,080$3,251$2,576$1,912
21 years$5,925$4,736$3,753$2,951$2,305$1,680
22 years$5,596$4,421$3,459$2,683$2,066$1,478
23 years$5,296$4,135$3,194$2,443$1,855$1,302
24 years$5,022$3,874$2,953$2,229$1,667$1,148
25 years$4,770$3,636$2,736$2,035$1,500$1,014
26 years$4,537$3,417$2,537$1,861$1,351$895
27 years$4,322$3,216$2,356$1,703$1,218$792
28 years$4,123$3,030$2,190$1,561$1,099$700
29 years$3,938$2,859$2,038$1,431$993$620
30 years$3,766$2,700$1,898$1,313$897$549
31 years$3,605$2,552$1,770$1,206$811$486
32 years$3,454$2,415$1,651$1,109$733$431
33 years$3,313$2,287$1,542$1,019$664$382
34 years$3,180$2,167$1,441$938$601$339
35 years$3,056$2,056$1,347$863$544$301
36 years$2,938$1,951$1,260$795$493$267
37 years$2,827$1,853$1,179$733$447$237
38 years$2,722$1,761$1,104$675$405$210
39 years$2,623$1,675$1,035$623$367$186
40 years$2,529$1,593$970$574$333$166
41 years$2,440$1,517$909$530$302$147
42 years$2,355$1,444$853$489$274$131
43 years$2,275$1,376$800$451$249$116
44 years$2,198$1,312$751$417$226$103
45 years$2,125$1,251$705$385$205$92
46 years$2,055$1,193$663$356$186$81
47 years$1,989$1,139$622$329$169$72
48 years$1,925$1,087$585$304$154$64
49 years$1,864$1,038$550$281$140$57
50 years$1,806$992$517$259$127$51

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 $6,287 every year, while hoping to spend $33,964 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: 76/14/10 Blend
45$1,850,000$1,850,000$1,850,000$1,850,000
46$2,045,185$1,947,135$1,918,460$2,196,544
47$2,217,656$2,006,407$1,946,591$2,356,343
48$2,406,582$2,067,445$1,974,526$2,526,523
49$2,613,603$2,130,300$2,002,223$2,712,104
50$2,840,529$2,195,024$2,029,636$2,914,604
51$3,089,353$2,261,670$2,056,718$3,135,695
52$3,362,268$2,330,292$2,083,419$3,377,217
53$3,661,691$2,400,948$2,109,686$3,641,197
54$3,990,284$2,473,695$2,135,460$3,929,868
55$4,350,979$2,548,592$2,160,684$4,245,688
56$4,747,006$2,625,701$2,185,295$4,591,364
57$5,181,923$2,705,082$2,209,224$4,969,879
58$5,659,649$2,786,801$2,232,404$5,384,517
59$6,184,502$2,870,924$2,254,758$5,838,897
60$6,761,239$2,957,516$2,276,210$6,337,005
61$7,395,099$3,046,649$2,296,677$6,883,230
62$8,091,856$3,138,391$2,316,072$7,482,410
63$8,857,869$3,232,816$2,334,304$8,139,872
64$9,700,146$3,329,998$2,351,278$8,861,486
65$10,626,407$3,430,014$2,366,891$9,653,719
66$11,645,156$3,532,941$2,381,038$10,523,694
67$12,765,767$3,638,859$2,393,607$11,479,262
68$13,998,562$3,747,851$2,404,481$12,529,069
69$15,354,920$3,860,000$2,413,535$13,682,643
70$16,847,374$3,975,392$2,420,641$14,950,482
71$18,489,735$4,094,115$2,425,661$16,344,150
72$20,297,221$4,216,259$2,428,454$17,876,393
73$22,286,598$4,341,917$2,428,868$19,561,250
74$24,476,343$4,471,183$2,426,746$21,414,193
75$26,886,811$4,604,152$2,421,924$23,452,269
76$29,540,435$4,740,925$2,414,227$25,694,261
77$32,461,930$4,881,601$2,403,475$28,160,865
78$35,678,531$5,026,283$2,389,476$30,874,888
79$39,220,249$5,175,078$2,372,030$33,861,457
80$43,120,150$5,328,093$2,350,929$37,148,263
81$47,414,674$5,485,438$2,325,954$40,765,817
82$52,143,972$5,647,226$2,296,874$44,747,740
83$57,352,287$5,813,570$2,263,450$49,131,079
84$63,088,374$5,984,589$2,225,429$53,956,658
85$69,405,956$6,160,401$2,182,548$59,269,461
86$76,364,232$6,341,129$2,134,532$65,119,060
87$84,028,436$6,526,897$2,081,092$71,560,078
88$92,470,454$6,717,832$2,021,925$78,652,708
89$101,769,497$6,914,063$1,956,717$86,463,278
90$112,012,855$7,115,722$1,885,137$95,064,881
91$123,296,716$7,322,942$1,806,838$104,538,059
92$135,727,075$7,535,860$1,721,462$114,971,570
93$149,420,735$7,754,615$1,628,629$126,463,219
94$164,506,407$7,979,349$1,527,945$139,120,786
95$181,125,928$8,210,204$1,418,998$153,063,040
96$199,435,596$8,447,327$1,301,358$168,420,861
97$219,607,646$8,690,866$1,174,573$185,338,476
98$241,831,879$8,940,971$1,038,174$203,974,820
99$266,317,448$9,197,796$891,670$224,505,035
100$293,294,834$9,461,494$734,547$247,122,125