Can I retire at age 46 with 1,910,000?

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$157,726$156,321$154,950$153,612$152,306$150,216
2 years$78,082$76,628$75,219$73,852$72,527$70,425
3 years$51,538$50,077$48,671$47,318$46,014$43,965
4 years$38,268$36,812$35,420$34,090$32,818$30,838
5 years$30,308$28,861$27,488$26,184$24,947$23,043
6 years$25,004$23,567$22,214$20,940$19,740$17,913
7 years$21,216$19,792$18,460$17,216$16,054$14,304
8 years$18,377$16,965$15,656$14,442$13,318$11,646
9 years$16,169$14,771$13,484$12,301$11,216$9,621
10 years$14,405$13,020$11,756$10,604$9,557$8,037
11 years$12,962$11,591$10,350$9,228$8,219$6,774
12 years$11,760$10,404$9,185$8,095$7,122$5,750
13 years$10,744$9,402$8,206$7,146$6,211$4,909
14 years$9,874$8,546$7,373$6,344$5,444$4,211
15 years$9,121$7,807$6,657$5,657$4,794$3,627
16 years$8,462$7,163$6,036$5,066$4,237$3,135
17 years$7,882$6,597$5,492$4,551$3,756$2,717
18 years$7,366$6,095$5,014$4,102$3,340$2,360
19 years$6,906$5,649$4,590$3,706$2,977$2,055
20 years$6,491$5,250$4,212$3,357$2,659$1,792
21 years$6,117$4,890$3,874$3,046$2,380$1,565
22 years$5,778$4,564$3,571$2,770$2,133$1,369
23 years$5,468$4,269$3,297$2,523$1,915$1,198
24 years$5,185$4,000$3,049$2,301$1,721$1,050
25 years$4,924$3,754$2,824$2,101$1,549$921
26 years$4,684$3,528$2,619$1,921$1,395$809
27 years$4,463$3,320$2,432$1,759$1,258$710
28 years$4,257$3,128$2,261$1,611$1,135$624
29 years$4,066$2,951$2,104$1,478$1,025$549
30 years$3,888$2,787$1,960$1,356$926$483
31 years$3,722$2,635$1,827$1,245$837$425
32 years$3,566$2,493$1,705$1,145$757$374
33 years$3,421$2,361$1,592$1,052$685$330
34 years$3,284$2,238$1,487$968$620$290
35 years$3,155$2,122$1,391$891$562$256
36 years$3,034$2,014$1,301$821$509$226
37 years$2,919$1,913$1,218$756$461$199
38 years$2,811$1,818$1,140$697$418$175
39 years$2,708$1,729$1,068$643$379$155
40 years$2,611$1,645$1,001$593$344$136
41 years$2,519$1,566$939$547$312$120
42 years$2,432$1,491$881$505$283$106
43 years$2,349$1,421$826$466$257$93
44 years$2,269$1,354$776$430$233$82
45 years$2,194$1,292$728$397$212$73
46 years$2,122$1,232$684$367$192$64
47 years$2,053$1,176$643$339$175$57
48 years$1,988$1,122$604$313$159$50
49 years$1,925$1,072$568$290$144$44
50 years$1,865$1,024$534$268$131$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,910,000, adding $4,711 every year, while hoping to spend $36,548 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: 55/21/24 Blend
45$1,910,000$1,910,000$1,910,000$1,910,000
46$2,109,679$2,008,449$1,978,844$2,211,589
47$2,285,980$2,067,977$2,006,249$2,341,611
48$2,479,038$2,129,196$2,033,347$2,478,922
49$2,690,525$2,192,151$2,060,088$2,627,700
50$2,922,280$2,256,888$2,086,423$2,789,056
51$3,176,329$2,323,453$2,112,295$2,964,217
52$3,454,905$2,391,892$2,137,647$3,154,530
53$3,760,466$2,462,255$2,162,418$3,361,481
54$4,095,718$2,534,590$2,186,544$3,586,706
55$4,463,643$2,608,947$2,209,956$3,832,006
56$4,867,528$2,685,378$2,232,582$4,099,366
57$5,310,989$2,763,935$2,254,347$4,390,972
58$5,798,012$2,844,671$2,275,170$4,709,232
59$6,332,990$2,927,640$2,294,968$5,056,798
60$6,920,758$3,012,897$2,313,653$5,436,592
61$7,566,644$3,100,498$2,331,130$5,851,833
62$8,276,521$3,190,501$2,347,301$6,306,068
63$9,056,854$3,282,964$2,362,064$6,803,204
64$9,914,769$3,377,945$2,375,309$7,347,545
65$10,858,116$3,475,506$2,386,923$7,943,834
66$11,895,544$3,575,705$2,396,785$8,597,298
67$13,036,582$3,678,607$2,404,769$9,313,693
68$14,291,727$3,784,273$2,410,743$10,099,366
69$15,672,548$3,892,767$2,414,568$10,961,305
70$17,191,790$4,004,154$2,416,097$11,907,214
71$18,863,494$4,118,499$2,415,178$12,945,581
72$20,703,133$4,235,868$2,411,649$14,085,759
73$22,727,756$4,356,329$2,405,343$15,338,052
74$24,956,147$4,479,949$2,396,081$16,713,819
75$27,409,003$4,606,796$2,383,680$18,225,573
76$30,109,132$4,736,940$2,367,943$19,887,105
77$33,081,663$4,870,449$2,348,669$21,713,610
78$36,354,286$5,007,395$2,325,643$23,721,835
79$39,957,514$5,147,847$2,298,642$25,930,232
80$43,924,965$5,291,877$2,267,432$28,359,137
81$48,293,688$5,439,555$2,231,767$31,030,960
82$53,104,504$5,590,954$2,191,391$33,970,394
83$58,402,397$5,746,144$2,146,036$37,204,654
84$64,236,934$5,905,197$2,095,421$40,763,728
85$70,662,734$6,068,185$2,039,251$44,680,665
86$77,739,986$6,235,179$1,977,218$48,991,884
87$85,535,011$6,406,249$1,909,002$53,737,519
88$94,120,894$6,581,467$1,834,265$58,961,799
89$103,578,168$6,760,902$1,752,655$64,713,463
90$113,995,577$6,944,622$1,663,806$71,046,224
91$125,470,915$7,132,697$1,567,332$78,019,273
92$138,111,941$7,325,193$1,462,831$85,697,841
93$152,037,407$7,522,175$1,349,883$94,153,812
94$167,378,169$7,723,708$1,228,051$103,466,403
95$184,278,426$7,929,854$1,096,875$113,722,916
96$202,897,082$8,140,673$955,876$125,019,555
97$223,409,242$8,356,223$804,555$137,462,342
98$246,007,866$8,576,560$642,390$151,168,113
99$270,905,594$8,801,736$468,835$166,265,624
100$298,336,744$9,031,801$283,321$182,896,768