Can I retire at age 46 with 400,000?

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 $400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$33,032$32,737$32,450$32,170$31,897$31,669
2 years$16,352$16,048$15,753$15,466$15,189$14,959
3 years$10,793$10,487$10,193$9,909$9,636$9,412
4 years$8,014$7,709$7,418$7,139$6,873$6,655
5 years$6,347$6,044$5,757$5,484$5,225$5,015
6 years$5,236$4,936$4,652$4,385$4,134$3,932
7 years$4,443$4,145$3,866$3,605$3,362$3,168
8 years$3,849$3,553$3,279$3,024$2,789$2,603
9 years$3,386$3,093$2,824$2,576$2,349$2,171
10 years$3,017$2,727$2,462$2,221$2,001$1,831
11 years$2,714$2,427$2,167$1,933$1,721$1,559
12 years$2,463$2,179$1,924$1,695$1,492$1,336
13 years$2,250$1,969$1,719$1,497$1,301$1,153
14 years$2,068$1,790$1,544$1,329$1,140$1,000
15 years$1,910$1,635$1,394$1,185$1,004$870
16 years$1,772$1,500$1,264$1,061$887$760
17 years$1,651$1,381$1,150$953$787$666
18 years$1,543$1,277$1,050$859$699$586
19 years$1,446$1,183$961$776$623$516
20 years$1,359$1,099$882$703$557$455
21 years$1,281$1,024$811$638$498$402
22 years$1,210$956$748$580$447$356
23 years$1,145$894$690$528$401$316
24 years$1,086$838$639$482$360$280
25 years$1,031$786$591$440$324$249
26 years$981$739$549$402$292$221
27 years$935$695$509$368$263$197
28 years$892$655$474$337$238$175
29 years$852$618$441$309$215$156
30 years$814$584$410$284$194$139
31 years$779$552$383$261$175$124
32 years$747$522$357$240$159$111
33 years$716$494$333$220$144$99
34 years$688$469$311$203$130$88
35 years$661$444$291$187$118$79
36 years$635$422$272$172$107$70
37 years$611$401$255$158$97$63
38 years$589$381$239$146$88$56
39 years$567$362$224$135$79$50
40 years$547$345$210$124$72$45
41 years$528$328$197$115$65$40
42 years$509$312$184$106$59$36
43 years$492$298$173$98$54$32
44 years$475$284$162$90$49$29
45 years$459$270$153$83$44$26
46 years$444$258$143$77$40$23
47 years$430$246$135$71$37$21
48 years$416$235$126$66$33$18
49 years$403$224$119$61$30$16
50 years$391$214$112$56$27$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $400,000, adding $2,109 every year, while hoping to spend $20,403 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: 52/23/25 Blend
45$400,000$400,000$400,000$400,000
46$442,975$421,775$415,575$462,821
47$466,450$420,734$407,789$475,745
48$491,636$418,957$399,057$487,543
49$518,685$416,388$389,328$499,961
50$547,765$412,966$378,545$513,066
51$579,061$408,625$366,650$526,934
52$612,776$403,298$353,583$541,648
53$649,130$396,911$339,279$557,302
54$688,369$389,387$323,673$574,000
55$730,761$380,646$306,694$591,858
56$776,600$370,599$288,270$611,005
57$826,211$359,156$268,325$631,586
58$879,950$346,220$246,779$653,760
59$938,209$331,688$223,549$677,706
60$1,001,417$315,452$198,550$703,623
61$1,070,049$297,397$171,689$731,730
62$1,144,627$277,402$142,873$762,273
63$1,225,722$255,338$112,002$795,524
64$1,313,966$231,070$78,975$831,784
65$1,410,052$204,454$43,682$871,389
66$1,514,744$175,339$6,012$914,711
67$1,628,882$143,564$0$962,162
68$1,753,390$108,961$0$1,023,320
69$1,889,287$71,351$0$1,091,876
70$2,037,692$30,545$0$1,166,822
71$2,199,839$0$0$1,248,815
72$2,377,085$0$0$1,342,039
73$2,570,926$0$0$1,452,484
74$2,783,006$0$0$1,573,360
75$3,015,140$0$0$1,705,708
76$3,269,321$0$0$1,850,668
77$3,547,748$0$0$2,009,500
78$3,852,840$0$0$2,183,590
79$4,187,264$0$0$2,374,464
80$4,553,953$0$0$2,583,804
81$4,956,142$0$0$2,813,462
82$5,397,392$0$0$3,065,478
83$5,881,624$0$0$3,342,098
84$6,413,160$0$0$3,645,797
85$6,996,757$0$0$3,979,302
86$7,637,660$0$0$4,345,616
87$8,341,642$0$0$4,748,048
88$9,115,067$0$0$5,190,241
89$9,964,942$0$0$5,676,212
90$10,898,988$0$0$6,210,384
91$11,925,712$0$0$6,797,630
92$13,054,486$0$0$7,443,320
93$14,295,633$0$0$8,153,368
94$15,660,530$0$0$8,934,292
95$17,161,708$0$0$9,793,273
96$18,812,976$0$0$10,738,222
97$20,629,548$0$0$11,777,856
98$22,628,187$0$0$12,921,780
99$24,827,361$0$0$14,180,574
100$27,247,420$0$0$15,565,900