Can I retire at age 46 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$153,597$152,229$150,894$149,591$148,319$147,570
2 years$76,038$74,622$73,250$71,919$70,628$69,872
3 years$50,189$48,766$47,397$46,079$44,809$44,070
4 years$37,266$35,848$34,493$33,197$31,958$31,241
5 years$29,515$28,106$26,768$25,499$24,294$23,601
6 years$24,349$22,950$21,633$20,392$19,223$18,555
7 years$20,661$19,274$17,977$16,765$15,634$14,991
8 years$17,896$16,521$15,246$14,064$12,970$12,353
9 years$15,746$14,385$13,131$11,979$10,922$10,331
10 years$14,027$12,679$11,448$10,326$9,306$8,740
11 years$12,622$11,288$10,079$8,987$8,004$7,462
12 years$11,452$10,131$8,945$7,883$6,936$6,419
13 years$10,463$9,156$7,991$6,959$6,048$5,555
14 years$9,615$8,322$7,180$6,178$5,302$4,832
15 years$8,882$7,602$6,483$5,509$4,668$4,221
16 years$8,241$6,975$5,878$4,933$4,126$3,701
17 years$7,675$6,424$5,348$4,432$3,658$3,255
18 years$7,173$5,936$4,882$3,994$3,253$2,870
19 years$6,725$5,501$4,470$3,609$2,899$2,536
20 years$6,322$5,112$4,102$3,269$2,590$2,246
21 years$5,957$4,762$3,773$2,967$2,317$1,993
22 years$5,626$4,445$3,477$2,697$2,077$1,771
23 years$5,325$4,157$3,211$2,457$1,865$1,575
24 years$5,049$3,895$2,969$2,241$1,676$1,403
25 years$4,795$3,655$2,750$2,046$1,508$1,251
26 years$4,562$3,435$2,551$1,871$1,358$1,117
27 years$4,346$3,233$2,369$1,713$1,225$997
28 years$4,146$3,047$2,202$1,569$1,105$891
29 years$3,959$2,874$2,049$1,439$998$797
30 years$3,786$2,714$1,909$1,321$902$714
31 years$3,624$2,566$1,779$1,213$815$639
32 years$3,473$2,428$1,660$1,115$737$572
33 years$3,331$2,299$1,550$1,025$667$513
34 years$3,198$2,179$1,448$943$604$460
35 years$3,072$2,067$1,354$868$547$412
36 years$2,954$1,962$1,267$800$496$370
37 years$2,843$1,863$1,186$737$449$332
38 years$2,737$1,771$1,110$679$407$298
39 years$2,637$1,684$1,040$626$369$267
40 years$2,543$1,602$975$577$335$240
41 years$2,453$1,525$914$533$304$216
42 years$2,368$1,452$858$492$276$194
43 years$2,287$1,384$805$454$250$174
44 years$2,210$1,319$755$419$227$156
45 years$2,136$1,258$709$387$206$140
46 years$2,066$1,200$666$358$187$126
47 years$2,000$1,145$626$330$170$113
48 years$1,936$1,093$588$305$154$102
49 years$1,874$1,044$553$282$140$92
50 years$1,816$997$520$261$127$82

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,860,000, adding $5,455 every year, while hoping to spend $34,206 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: 64/18/18 Blend
45$1,860,000$1,860,000$1,860,000$1,860,000
46$2,055,347$1,956,767$1,927,937$2,177,275
47$2,228,597$2,016,253$1,956,128$2,319,309
48$2,418,373$2,077,509$1,984,117$2,470,019
49$2,626,323$2,140,583$2,011,861$2,633,847
50$2,854,264$2,205,527$2,039,314$2,812,077
51$3,104,197$2,272,396$2,066,429$3,006,121
52$3,378,326$2,341,244$2,093,155$3,217,534
53$3,679,076$2,412,126$2,119,437$3,448,028
54$4,009,122$2,485,101$2,145,219$3,699,489
55$4,371,409$2,560,227$2,170,440$3,973,994
56$4,769,180$2,637,565$2,195,036$4,273,830
57$5,206,007$2,717,177$2,218,941$4,601,517
58$5,685,828$2,799,127$2,242,084$4,959,829
59$6,212,978$2,883,479$2,264,389$5,351,823
60$6,792,234$2,970,302$2,285,778$5,780,867
61$7,428,858$3,059,663$2,306,168$6,250,669
62$8,128,648$3,151,633$2,325,471$6,765,315
63$8,897,991$3,246,284$2,343,596$7,329,308
64$9,743,924$3,343,690$2,360,444$7,947,605
65$10,674,200$3,443,926$2,375,915$8,625,670
66$11,697,361$3,547,071$2,389,900$9,369,523
67$12,822,817$3,653,203$2,402,287$10,185,794
68$14,060,938$3,762,404$2,412,957$11,081,791
69$15,423,148$3,874,756$2,421,786$12,065,564
70$16,922,036$3,990,346$2,428,643$13,145,983
71$18,571,471$4,109,260$2,433,389$14,332,820
72$20,386,734$4,231,587$2,435,881$15,636,844
73$22,384,666$4,357,419$2,435,968$17,069,920
74$24,583,818$4,486,850$2,433,489$18,645,122
75$27,004,636$4,619,973$2,428,279$20,376,855
76$29,669,645$4,756,888$2,420,163$22,280,994
77$32,603,666$4,897,693$2,408,956$24,375,029
78$35,834,051$5,042,491$2,394,467$26,678,233
79$39,390,937$5,191,386$2,376,494$29,211,844
80$43,307,532$5,344,483$2,354,826$31,999,265
81$47,620,429$5,501,892$2,329,242$35,066,284
82$52,369,952$5,663,723$2,299,510$38,441,317
83$57,600,531$5,830,090$2,265,388$42,155,677
84$63,361,127$6,001,107$2,226,621$46,243,871
85$69,705,693$6,176,892$2,182,943$50,743,922
86$76,693,679$6,357,565$2,134,077$55,697,731
87$84,390,597$6,543,248$2,079,731$61,151,472
88$92,868,636$6,734,066$2,019,601$67,156,026
89$102,207,347$6,930,145$1,953,367$73,767,461
90$112,494,389$7,131,614$1,880,698$81,047,567
91$123,826,359$7,338,605$1,801,243$89,064,430
92$136,309,702$7,551,251$1,714,639$97,893,083
93$150,061,717$7,769,689$1,620,505$107,616,209
94$165,211,663$7,994,054$1,518,443$118,324,924
95$181,901,979$8,224,489$1,408,037$130,119,636
96$200,289,627$8,461,135$1,288,853$143,110,995
97$220,547,575$8,704,137$1,160,435$157,420,934
98$242,866,428$8,953,640$1,022,310$173,183,824
99$267,456,229$9,209,794$873,983$190,547,739
100$294,548,439$9,472,748$714,936$209,675,857