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%17.6%
1 years$152,771$151,410$150,083$148,787$147,522$142,971
2 years$75,629$74,221$72,856$71,532$70,248$65,704
3 years$49,919$48,504$47,142$45,831$44,568$40,172
4 years$37,066$35,656$34,308$33,019$31,787$27,572
5 years$29,356$27,954$26,624$25,362$24,164$20,143
6 years$24,218$22,827$21,516$20,282$19,120$15,296
7 years$20,550$19,170$17,880$16,675$15,550$11,922
8 years$17,799$16,432$15,164$13,988$12,900$9,466
9 years$15,661$14,307$13,061$11,915$10,864$7,621
10 years$13,952$12,611$11,386$10,271$9,256$6,199
11 years$12,554$11,227$10,024$8,939$7,961$5,084
12 years$11,391$10,077$8,896$7,840$6,899$4,196
13 years$10,407$9,106$7,948$6,922$6,016$3,481
14 years$9,564$8,277$7,142$6,144$5,273$2,900
15 years$8,834$7,562$6,448$5,480$4,643$2,424
16 years$8,196$6,938$5,846$4,907$4,104$2,032
17 years$7,634$6,389$5,320$4,408$3,638$1,707
18 years$7,135$5,904$4,856$3,973$3,235$1,437
19 years$6,689$5,472$4,446$3,590$2,884$1,212
20 years$6,288$5,085$4,080$3,251$2,576$1,023
21 years$5,925$4,736$3,753$2,951$2,305$865
22 years$5,596$4,421$3,459$2,683$2,066$732
23 years$5,296$4,135$3,194$2,443$1,855$619
24 years$5,022$3,874$2,953$2,229$1,667$525
25 years$4,770$3,636$2,736$2,035$1,500$445
26 years$4,537$3,417$2,537$1,861$1,351$377
27 years$4,322$3,216$2,356$1,703$1,218$320
28 years$4,123$3,030$2,190$1,561$1,099$272
29 years$3,938$2,859$2,038$1,431$993$231
30 years$3,766$2,700$1,898$1,313$897$196
31 years$3,605$2,552$1,770$1,206$811$166
32 years$3,454$2,415$1,651$1,109$733$141
33 years$3,313$2,287$1,542$1,019$664$120
34 years$3,180$2,167$1,441$938$601$102
35 years$3,056$2,056$1,347$863$544$87
36 years$2,938$1,951$1,260$795$493$74
37 years$2,827$1,853$1,179$733$447$63
38 years$2,722$1,761$1,104$675$405$53
39 years$2,623$1,675$1,035$623$367$45
40 years$2,529$1,593$970$574$333$38
41 years$2,440$1,517$909$530$302$33
42 years$2,355$1,444$853$489$274$28
43 years$2,275$1,376$800$451$249$24
44 years$2,198$1,312$751$417$226$20
45 years$2,125$1,251$705$385$205$17
46 years$2,055$1,193$663$356$186$15
47 years$1,989$1,139$622$329$169$12
48 years$1,925$1,087$585$304$154$11
49 years$1,864$1,038$550$281$140$9
50 years$1,806$992$517$259$127$8

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 $3,058 every year, while hoping to spend $50,401 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: 53/24/23 Blend
45$1,850,000$1,850,000$1,850,000$1,850,000
46$2,041,854$1,943,804$1,915,129$2,136,942
47$2,196,497$1,985,424$1,925,660$2,244,418
48$2,365,224$2,027,395$1,934,854$2,355,841
49$2,549,419$2,069,679$1,942,614$2,476,040
50$2,750,605$2,112,238$1,948,836$2,605,871
51$2,970,457$2,155,029$1,953,413$2,746,275
52$3,210,822$2,198,004$1,956,231$2,898,292
53$3,473,732$2,241,112$1,957,170$3,063,069
54$3,761,424$2,284,297$1,956,106$3,241,867
55$4,076,362$2,327,500$1,952,908$3,436,081
56$4,421,258$2,370,655$1,947,438$3,647,244
57$4,799,101$2,413,691$1,939,552$3,877,051
58$5,213,180$2,456,533$1,929,098$4,127,369
59$5,667,119$2,499,098$1,915,917$4,400,254
60$6,164,909$2,541,298$1,899,844$4,697,977
61$6,710,946$2,583,037$1,880,705$5,023,040
62$7,310,070$2,624,214$1,858,317$5,378,202
63$7,967,616$2,664,719$1,832,489$5,766,503
64$8,689,457$2,704,434$1,803,021$6,191,300
65$9,482,063$2,743,234$1,769,704$6,656,288
66$10,352,563$2,780,982$1,732,319$7,165,546
67$11,308,809$2,817,534$1,690,636$7,723,570
68$12,359,451$2,852,737$1,644,416$8,335,315
69$13,514,019$2,886,425$1,593,408$9,006,246
70$14,783,010$2,918,421$1,537,348$9,742,389
71$16,177,992$2,948,538$1,475,964$10,550,386
72$17,711,705$2,976,575$1,408,967$11,437,561
73$19,398,189$3,002,317$1,336,058$12,411,988
74$21,252,912$3,025,538$1,256,923$13,482,571
75$23,292,913$3,045,994$1,171,234$14,659,122
76$25,536,969$3,063,426$1,078,649$15,952,463
77$28,005,766$3,077,560$978,810$17,374,520
78$30,722,097$3,088,104$871,343$18,938,444
79$33,711,076$3,094,746$755,859$20,658,733
80$37,000,374$3,097,157$631,948$22,551,368
81$40,620,479$3,094,984$499,185$24,633,967
82$44,604,986$3,087,857$357,126$26,925,952
83$48,990,912$3,075,378$205,306$29,448,734
84$53,819,042$3,057,129$43,241$32,225,913
85$59,134,320$3,032,664$0$35,283,507
86$64,986,267$3,001,511$0$38,682,028
87$71,429,450$2,963,169$0$42,434,651
88$78,523,998$2,917,108$0$46,565,737
89$86,336,164$2,862,766$0$51,113,840
90$94,938,958$2,799,546$0$56,121,451
91$104,412,826$2,726,818$0$61,635,397
92$114,846,417$2,643,914$0$67,707,282
93$126,337,413$2,550,128$0$74,393,982
94$138,993,457$2,444,712$0$81,758,176
95$152,933,160$2,326,873$0$89,868,941
96$168,287,227$2,195,775$0$98,802,403
97$185,199,688$2,050,531$0$108,642,461
98$203,829,255$1,890,207$0$119,481,575
99$224,350,824$1,713,811$0$131,421,644
100$246,957,118$1,520,298$0$144,574,966