Can I retire at age 46 with 530,000?

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 $530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$43,767$43,377$42,997$42,625$42,263$41,058
2 years$21,667$21,263$20,872$20,493$20,125$18,921
3 years$14,301$13,896$13,506$13,130$12,768$11,602
4 years$10,619$10,215$9,829$9,459$9,106$7,987
5 years$8,410$8,009$7,627$7,266$6,923$5,853
6 years$6,938$6,540$6,164$5,811$5,478$4,460
7 years$5,887$5,492$5,122$4,777$4,455$3,488
8 years$5,099$4,708$4,344$4,007$3,696$2,779
9 years$4,487$4,099$3,742$3,413$3,112$2,245
10 years$3,997$3,613$3,262$2,942$2,652$1,834
11 years$3,597$3,216$2,872$2,561$2,281$1,509
12 years$3,263$2,887$2,549$2,246$1,976$1,251
13 years$2,981$2,609$2,277$1,983$1,723$1,042
14 years$2,740$2,371$2,046$1,760$1,511$872
15 years$2,531$2,166$1,847$1,570$1,330$732
16 years$2,348$1,988$1,675$1,406$1,176$616
17 years$2,187$1,830$1,524$1,263$1,042$520
18 years$2,044$1,691$1,391$1,138$927$440
19 years$1,916$1,568$1,274$1,028$826$372
20 years$1,801$1,457$1,169$931$738$316
21 years$1,697$1,357$1,075$845$660$268
22 years$1,603$1,267$991$769$592$228
23 years$1,517$1,185$915$700$531$194
24 years$1,439$1,110$846$638$478$165
25 years$1,366$1,042$784$583$430$141
26 years$1,300$979$727$533$387$120
27 years$1,238$921$675$488$349$102
28 years$1,181$868$627$447$315$87
29 years$1,128$819$584$410$284$74
30 years$1,079$773$544$376$257$63
31 years$1,033$731$507$346$232$54
32 years$990$692$473$318$210$46
33 years$949$655$442$292$190$39
34 years$911$621$413$269$172$34
35 years$875$589$386$247$156$29
36 years$842$559$361$228$141$25
37 years$810$531$338$210$128$21
38 years$780$505$316$193$116$18
39 years$752$480$296$178$105$15
40 years$725$456$278$165$95$13
41 years$699$435$261$152$87$11
42 years$675$414$244$140$79$10
43 years$652$394$229$129$71$8
44 years$630$376$215$119$65$7
45 years$609$358$202$110$59$6
46 years$589$342$190$102$53$5
47 years$570$326$178$94$48$4
48 years$552$311$168$87$44$4
49 years$534$297$158$80$40$3
50 years$517$284$148$74$36$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $530,000, adding $5,955 every year, while hoping to spend $34,979 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: 26/44/30 Blend
45$530,000$530,000$530,000$530,000
46$590,203$562,113$553,898$599,932
47$613,186$552,439$535,236$598,787
48$637,341$541,118$514,776$594,208
49$662,751$528,034$492,422$588,588
50$689,505$513,062$468,072$581,866
51$717,702$496,069$441,620$573,975
52$747,447$476,916$412,954$564,846
53$778,857$455,455$381,958$554,410
54$812,059$431,531$348,513$542,593
55$847,191$404,978$312,490$529,319
56$884,405$375,622$273,758$514,510
57$923,864$343,277$232,178$498,085
58$965,749$307,749$187,608$479,962
59$1,010,257$268,831$139,894$460,054
60$1,057,605$226,305$88,882$438,274
61$1,108,027$179,940$34,406$414,533
62$1,161,783$129,494$0$388,739
63$1,219,155$74,709$0$368,395
64$1,280,453$15,315$0$358,059
65$1,346,017$0$0$346,670
66$1,416,221$0$0$357,908
67$1,491,471$0$0$377,961
68$1,572,218$0$0$399,541
69$1,658,951$0$0$422,787
70$1,752,213$0$0$447,854
71$1,852,594$0$0$474,908
72$1,960,746$0$0$504,135
73$2,077,385$0$0$535,738
74$2,203,294$0$0$569,940
75$2,339,339$0$0$606,987
76$2,486,465$0$0$647,149
77$2,645,717$0$0$690,722
78$2,818,240$0$0$738,032
79$3,005,294$0$0$789,439
80$3,208,265$0$0$845,338
81$3,428,677$0$0$906,162
82$3,668,205$0$0$972,391
83$3,928,694$0$0$1,044,549
84$4,212,172$0$0$1,123,217
85$4,520,872$0$0$1,209,031
86$4,857,249$0$0$1,302,691
87$5,224,007$0$0$1,404,971
88$5,624,121$0$0$1,516,720
89$6,060,866$0$0$1,638,873
90$6,537,845$0$0$1,772,460
91$7,059,028$0$0$1,918,615
92$7,628,783$0$0$2,078,587
93$8,251,919$0$0$2,253,751
94$8,933,733$0$0$2,445,620
95$9,680,055$0$0$2,655,863
96$10,497,307$0$0$2,886,316
97$11,392,561$0$0$3,139,001
98$12,373,603$0$0$3,416,145
99$13,449,010$0$0$3,720,203
100$14,628,227$0$0$4,053,876