Can I retire at age 46 with 450,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$37,161$36,830$36,507$36,191$35,884$35,717
2 years$18,396$18,054$17,722$17,400$17,087$16,920
3 years$12,142$11,798$11,467$11,148$10,841$10,677
4 years$9,016$8,673$8,345$8,032$7,732$7,573
5 years$7,141$6,800$6,476$6,169$5,878$5,724
6 years$5,891$5,552$5,234$4,933$4,651$4,502
7 years$4,999$4,663$4,349$4,056$3,782$3,640
8 years$4,330$3,997$3,688$3,403$3,138$3,001
9 years$3,810$3,480$3,177$2,898$2,642$2,511
10 years$3,394$3,068$2,770$2,498$2,252$2,126
11 years$3,054$2,731$2,438$2,174$1,936$1,816
12 years$2,771$2,451$2,164$1,907$1,678$1,563
13 years$2,531$2,215$1,933$1,684$1,463$1,354
14 years$2,326$2,013$1,737$1,495$1,283$1,178
15 years$2,149$1,839$1,568$1,333$1,129$1,030
16 years$1,994$1,688$1,422$1,193$998$904
17 years$1,857$1,554$1,294$1,072$885$795
18 years$1,735$1,436$1,181$966$787$702
19 years$1,627$1,331$1,081$873$701$621
20 years$1,529$1,237$992$791$627$550
21 years$1,441$1,152$913$718$561$488
22 years$1,361$1,075$841$653$503$434
23 years$1,288$1,006$777$594$451$387
24 years$1,222$942$718$542$405$345
25 years$1,160$884$665$495$365$307
26 years$1,104$831$617$453$329$275
27 years$1,051$782$573$414$296$245
28 years$1,003$737$533$380$267$220
29 years$958$695$496$348$241$197
30 years$916$657$462$319$218$176
31 years$877$621$430$293$197$158
32 years$840$587$402$270$178$141
33 years$806$556$375$248$161$127
34 years$774$527$350$228$146$114
35 years$743$500$328$210$132$102
36 years$715$475$306$193$120$92
37 years$688$451$287$178$109$82
38 years$662$428$269$164$99$74
39 years$638$407$252$151$89$66
40 years$615$388$236$140$81$60
41 years$594$369$221$129$74$54
42 years$573$351$207$119$67$48
43 years$553$335$195$110$61$43
44 years$535$319$183$101$55$39
45 years$517$304$172$94$50$35
46 years$500$290$161$86$45$32
47 years$484$277$151$80$41$28
48 years$468$264$142$74$37$26
49 years$454$253$134$68$34$23
50 years$439$241$126$63$31$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $450,000, adding $6,199 every year, while hoping to spend $30,407 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: 70/16/14 Blend
45$450,000$450,000$450,000$450,000
46$502,294$478,444$471,469$535,452
47$521,175$469,535$454,911$549,378
48$540,963$459,171$436,778$560,365
49$561,719$447,247$416,987$571,599
50$583,506$433,654$395,449$583,099
51$606,398$418,277$372,070$594,888
52$630,471$400,993$346,755$606,991
53$655,809$381,672$319,402$619,436
54$682,505$360,177$289,904$632,256
55$710,657$336,362$258,153$645,488
56$740,374$310,074$224,031$659,172
57$771,775$281,151$187,419$673,356
58$804,990$249,421$148,191$688,093
59$840,159$214,703$106,216$703,442
60$877,436$176,805$61,355$719,471
61$916,991$135,524$13,467$736,254
62$959,007$90,648$0$753,876
63$1,003,686$41,950$0$778,056
64$1,051,249$0$0$805,789
65$1,101,936$0$0$837,108
66$1,156,012$0$0$878,415
67$1,213,766$0$0$922,547
68$1,275,517$0$0$969,749
69$1,341,612$0$0$1,020,287
70$1,412,432$0$0$1,074,457
71$1,488,396$0$0$1,132,580
72$1,569,963$0$0$1,195,010
73$1,657,637$0$0$1,262,136
74$1,751,971$0$0$1,334,383
75$1,853,572$0$0$1,412,221
76$1,963,109$0$0$1,496,162
77$2,081,313$0$0$1,586,772
78$2,208,990$0$0$1,684,671
79$2,347,024$0$0$1,790,541
80$2,496,388$0$0$1,905,133
81$2,658,152$0$0$2,029,269
82$2,833,490$0$0$2,163,856
83$3,023,695$0$0$2,309,890
84$3,230,189$0$0$2,468,468
85$3,454,534$0$0$2,640,794
86$3,698,451$0$0$2,828,195
87$3,963,832$0$0$3,032,128
88$4,252,757$0$0$3,254,200
89$4,567,518$0$0$3,496,176
90$4,910,636$0$0$3,760,000
91$5,284,885$0$0$4,047,811
92$5,693,318$0$0$4,361,964
93$6,139,296$0$0$4,705,051
94$6,626,520$0$0$5,079,925
95$7,159,062$0$0$5,489,728
96$7,741,408$0$0$5,937,917
97$8,378,496$0$0$6,428,302
98$9,075,761$0$0$6,965,074
99$9,839,191$0$0$7,552,851
100$10,675,378$0$0$8,196,717