Can I retire at age 46 with 1,890,000?

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$156,074$154,684$153,328$152,004$150,711$149,075
2 years$77,265$75,826$74,431$73,079$71,767$70,120
3 years$50,998$49,553$48,162$46,822$45,532$43,925
4 years$37,867$36,427$35,049$33,733$32,474$30,919
5 years$29,991$28,559$27,200$25,910$24,686$23,188
6 years$24,742$23,320$21,981$20,720$19,533$18,094
7 years$20,994$19,585$18,267$17,035$15,886$14,505
8 years$18,184$16,788$15,492$14,291$13,179$11,858
9 years$16,000$14,617$13,343$12,172$11,098$9,836
10 years$14,254$12,884$11,633$10,493$9,456$8,252
11 years$12,826$11,470$10,241$9,132$8,133$6,985
12 years$11,637$10,295$9,089$8,010$7,048$5,956
13 years$10,632$9,303$8,120$7,071$6,146$5,108
14 years$9,771$8,456$7,296$6,277$5,387$4,402
15 years$9,025$7,725$6,587$5,598$4,743$3,810
16 years$8,373$7,088$5,972$5,013$4,192$3,308
17 years$7,799$6,527$5,435$4,504$3,717$2,881
18 years$7,289$6,032$4,961$4,059$3,305$2,516
19 years$6,833$5,590$4,542$3,667$2,946$2,201
20 years$6,424$5,195$4,168$3,322$2,631$1,930
21 years$6,053$4,839$3,834$3,015$2,355$1,694
22 years$5,717$4,517$3,534$2,741$2,111$1,490
23 years$5,411$4,224$3,263$2,496$1,895$1,311
24 years$5,130$3,958$3,017$2,277$1,703$1,156
25 years$4,873$3,714$2,795$2,079$1,532$1,019
26 years$4,635$3,491$2,592$1,901$1,380$900
27 years$4,416$3,285$2,407$1,740$1,245$795
28 years$4,212$3,096$2,237$1,594$1,123$703
29 years$4,023$2,920$2,082$1,462$1,014$621
30 years$3,847$2,758$1,939$1,342$916$550
31 years$3,683$2,607$1,808$1,232$828$487
32 years$3,529$2,467$1,687$1,133$749$431
33 years$3,385$2,336$1,575$1,041$678$382
34 years$3,249$2,214$1,472$958$614$338
35 years$3,122$2,100$1,376$882$556$300
36 years$3,002$1,993$1,287$812$504$266
37 years$2,888$1,893$1,205$749$457$236
38 years$2,781$1,799$1,128$690$414$209
39 years$2,680$1,711$1,057$636$375$185
40 years$2,584$1,628$991$587$341$164
41 years$2,493$1,550$929$541$309$146
42 years$2,406$1,476$871$500$280$129
43 years$2,324$1,406$818$461$254$115
44 years$2,246$1,340$768$426$231$102
45 years$2,171$1,278$721$393$210$90
46 years$2,100$1,219$677$363$190$80
47 years$2,032$1,164$636$336$173$71
48 years$1,967$1,111$598$310$157$63
49 years$1,905$1,061$562$287$143$56
50 years$1,845$1,013$528$265$129$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,890,000, adding $4,652 every year, while hoping to spend $24,711 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: 54/38/8 Blend
45$1,890,000$1,890,000$1,890,000$1,890,000
46$2,087,579$1,987,409$1,958,114$2,196,027
47$2,274,219$2,058,499$1,997,418$2,341,056
48$2,479,069$2,132,245$2,037,211$2,495,708
49$2,703,959$2,208,750$2,077,483$2,663,427
50$2,950,907$2,288,123$2,118,222$2,845,456
51$3,222,135$2,370,476$2,159,418$3,043,161
52$3,520,090$2,455,927$2,201,056$3,258,045
53$3,847,469$2,544,598$2,243,121$3,491,760
54$4,207,244$2,636,616$2,285,599$3,746,123
55$4,602,686$2,732,113$2,328,470$4,023,133
56$5,037,403$2,831,229$2,371,716$4,324,990
57$5,515,365$2,934,107$2,415,316$4,654,114
58$6,040,950$3,040,896$2,459,247$5,013,166
59$6,618,980$3,151,753$2,503,485$5,405,076
60$7,254,768$3,266,840$2,548,003$5,833,069
61$7,954,166$3,386,328$2,592,773$6,300,694
62$8,723,624$3,510,391$2,637,764$6,811,855
63$9,570,249$3,639,215$2,682,944$7,370,852
64$10,501,868$3,772,991$2,728,277$7,982,418
65$11,527,110$3,911,918$2,773,725$8,651,763
66$12,655,479$4,056,206$2,819,249$9,384,623
67$13,897,449$4,206,071$2,864,804$10,187,314
68$15,264,559$4,361,739$2,910,346$11,066,789
69$16,769,526$4,523,446$2,955,825$12,030,707
70$18,426,362$4,691,439$3,001,189$13,087,497
71$20,250,504$4,865,973$3,046,382$14,246,446
72$22,258,965$5,047,316$3,091,346$15,517,779
73$24,470,492$5,235,746$3,136,018$16,912,757
74$26,905,739$5,431,554$3,180,331$18,443,782
75$29,587,467$5,635,044$3,224,215$20,124,515
76$32,540,758$5,846,530$3,267,596$21,970,000
77$35,793,250$6,066,344$3,310,395$23,996,809
78$39,375,395$6,294,829$3,352,527$26,223,194
79$43,320,753$6,532,343$3,393,904$28,669,262
80$47,666,303$6,779,261$3,434,433$31,357,160
81$52,452,794$7,035,974$3,474,015$34,311,285
82$57,725,131$7,302,888$3,512,546$37,558,511
83$63,532,793$7,580,428$3,549,915$41,128,445
84$69,930,307$7,869,039$3,586,007$45,053,701
85$76,977,759$8,169,182$3,620,698$49,370,209
86$84,741,359$8,481,341$3,653,860$54,117,553
87$93,294,071$8,806,019$3,685,358$59,339,340
88$102,716,295$9,143,743$3,715,046$65,083,614
89$113,096,633$9,495,062$3,742,776$71,403,307
90$124,532,718$9,860,549$3,768,388$78,356,733
91$137,132,141$10,240,802$3,791,714$86,008,143
92$151,013,464$10,636,445$3,812,581$94,428,324
93$166,307,337$11,048,131$3,830,803$103,695,271
94$183,157,737$11,476,540$3,846,185$113,894,914
95$201,723,319$11,922,384$3,858,526$125,121,935
96$222,178,920$12,386,404$3,867,609$137,480,653
97$244,717,208$12,869,375$3,873,212$151,086,012
98$269,550,495$13,372,107$3,875,097$166,064,658
99$296,912,751$13,895,445$3,873,017$182,556,137
100$327,061,801$14,440,272$3,866,714$200,714,210