Can I retire at age 46 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$156,900$155,503$154,139$152,808$151,509$148,693
2 years$77,673$76,227$74,825$73,465$72,147$69,321
3 years$51,268$49,815$48,417$47,070$45,773$43,024
4 years$38,068$36,619$35,235$33,911$32,646$29,996
5 years$30,150$28,710$27,344$26,047$24,817$22,273
6 years$24,873$23,444$22,098$20,830$19,637$17,202
7 years$21,105$19,688$18,363$17,126$15,970$13,645
8 years$18,280$16,876$15,574$14,366$13,249$11,033
9 years$16,085$14,694$13,414$12,237$11,157$9,049
10 years$14,329$12,952$11,694$10,548$9,506$7,504
11 years$12,894$11,530$10,295$9,180$8,176$6,277
12 years$11,698$10,349$9,137$8,052$7,085$5,287
13 years$10,688$9,353$8,163$7,109$6,178$4,479
14 years$9,822$8,501$7,335$6,310$5,416$3,811
15 years$9,073$7,766$6,622$5,628$4,769$3,256
16 years$8,418$7,125$6,004$5,039$4,214$2,790
17 years$7,840$6,562$5,463$4,528$3,737$2,397
18 years$7,328$6,064$4,987$4,080$3,323$2,065
19 years$6,869$5,620$4,566$3,687$2,962$1,782
20 years$6,457$5,222$4,190$3,339$2,645$1,540
21 years$6,085$4,864$3,854$3,031$2,367$1,333
22 years$5,747$4,540$3,552$2,755$2,122$1,155
23 years$5,439$4,247$3,280$2,509$1,905$1,002
24 years$5,157$3,979$3,033$2,289$1,712$870
25 years$4,898$3,734$2,809$2,090$1,541$756
26 years$4,660$3,509$2,606$1,911$1,388$657
27 years$4,439$3,303$2,420$1,749$1,251$572
28 years$4,235$3,112$2,249$1,603$1,129$498
29 years$4,045$2,936$2,093$1,470$1,019$433
30 years$3,868$2,773$1,950$1,349$921$378
31 years$3,702$2,621$1,818$1,239$833$329
32 years$3,548$2,480$1,696$1,139$753$287
33 years$3,403$2,349$1,583$1,047$682$250
34 years$3,266$2,226$1,479$963$617$218
35 years$3,138$2,111$1,383$887$559$190
36 years$3,018$2,004$1,294$817$507$166
37 years$2,904$1,903$1,211$752$459$145
38 years$2,796$1,809$1,134$694$416$126
39 years$2,694$1,720$1,063$640$377$110
40 years$2,598$1,636$996$590$342$96
41 years$2,506$1,558$934$544$311$84
42 years$2,419$1,484$876$502$282$73
43 years$2,336$1,414$822$464$256$64
44 years$2,257$1,347$772$428$232$56
45 years$2,182$1,285$725$395$211$49
46 years$2,111$1,226$681$365$191$43
47 years$2,043$1,170$639$337$174$37
48 years$1,977$1,117$601$312$158$32
49 years$1,915$1,066$565$288$143$28
50 years$1,855$1,019$531$266$130$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,900,000, adding $4,692 every year, while hoping to spend $57,208 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: 74/17/9 Blend
45$1,900,000$1,900,000$1,900,000$1,900,000
46$2,098,640$1,997,940$1,968,490$2,250,370
47$2,251,832$2,034,970$1,973,565$2,388,076
48$2,418,733$2,071,897$1,976,894$2,531,242
49$2,600,680$2,108,656$1,978,355$2,686,479
50$2,799,145$2,145,176$1,977,826$2,854,964
51$3,015,749$2,181,382$1,975,175$3,037,993
52$3,252,277$2,217,190$1,970,264$3,236,994
53$3,510,691$2,252,515$1,962,950$3,453,539
54$3,793,154$2,287,260$1,953,082$3,689,360
55$4,102,046$2,321,326$1,940,500$3,946,367
56$4,439,987$2,354,604$1,925,040$4,226,661
57$4,809,864$2,386,978$1,906,527$4,532,560
58$5,214,854$2,418,323$1,884,779$4,866,615
59$5,658,456$2,448,508$1,859,606$5,231,639
60$6,144,523$2,477,390$1,830,807$5,630,730
61$6,677,300$2,504,817$1,798,175$6,067,304
62$7,261,460$2,530,629$1,761,489$6,545,123
63$7,902,151$2,554,652$1,720,521$7,068,332
64$8,605,043$2,576,703$1,675,032$7,641,501
65$9,376,382$2,596,586$1,624,770$8,269,666
66$10,223,047$2,614,092$1,569,474$8,958,373
67$11,152,615$2,629,000$1,508,868$9,713,739
68$12,173,434$2,641,073$1,442,667$10,542,501
69$13,294,699$2,650,060$1,370,571$11,452,086
70$14,526,539$2,655,694$1,292,267$12,450,678
71$15,880,115$2,657,692$1,207,426$13,547,296
72$17,367,718$2,655,751$1,115,707$14,751,880
73$19,002,895$2,649,551$1,016,752$16,075,385
74$20,800,564$2,638,754$910,187$17,529,884
75$22,777,166$2,622,997$795,623$19,128,682
76$24,950,813$2,601,900$672,652$20,886,443
77$27,341,458$2,575,055$540,848$22,819,329
78$29,971,087$2,542,033$399,767$24,945,150
79$32,863,924$2,502,379$248,945$27,283,535
80$36,046,657$2,455,608$87,898$29,856,119
81$39,548,694$2,401,210$0$32,686,745
82$43,402,434$2,338,643$0$35,809,752
83$47,643,579$2,267,333$0$39,255,568
84$52,311,464$2,186,673$0$43,047,715
85$57,449,434$2,096,020$0$47,221,423
86$63,105,245$1,994,695$0$51,815,517
87$69,331,523$1,881,977$0$56,872,781
88$76,186,251$1,757,107$0$62,440,365
89$83,733,324$1,619,280$0$68,570,231
90$92,043,144$1,467,646$0$75,319,639
91$101,193,290$1,301,306$0$82,751,691
92$111,269,246$1,119,310$0$90,935,930
93$122,365,208$920,655$0$99,948,991
94$134,584,972$704,281$0$109,875,329
95$148,042,916$469,068$0$120,808,017
96$162,865,074$213,832$0$132,849,621
97$179,190,328$0$0$146,113,176
98$197,171,719$0$0$160,734,971
99$216,977,886$0$0$176,884,783
100$238,794,663$0$0$194,674,154