Can I retire at age 46 with 570,000?

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 $570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$47,070$46,651$46,242$45,842$45,453$45,034
2 years$23,302$22,868$22,447$22,040$21,644$21,223
3 years$15,380$14,945$14,525$14,121$13,732$13,320
4 years$11,420$10,986$10,570$10,173$9,794$9,395
5 years$9,045$8,613$8,203$7,814$7,445$7,061
6 years$7,462$7,033$6,629$6,249$5,891$5,521
7 years$6,331$5,906$5,509$5,138$4,791$4,436
8 years$5,484$5,063$4,672$4,310$3,975$3,635
9 years$4,825$4,408$4,024$3,671$3,347$3,022
10 years$4,299$3,886$3,508$3,164$2,852$2,542
11 years$3,868$3,459$3,089$2,754$2,453$2,157
12 years$3,510$3,105$2,741$2,416$2,126$1,844
13 years$3,206$2,806$2,449$2,133$1,853$1,585
14 years$2,947$2,550$2,200$1,893$1,625$1,370
15 years$2,722$2,330$1,987$1,688$1,431$1,189
16 years$2,525$2,138$1,801$1,512$1,264$1,035
17 years$2,352$1,969$1,639$1,358$1,121$904
18 years$2,198$1,819$1,496$1,224$997$792
19 years$2,061$1,686$1,370$1,106$888$695
20 years$1,937$1,567$1,257$1,002$794$611
21 years$1,826$1,459$1,156$909$710$538
22 years$1,724$1,362$1,066$827$637$474
23 years$1,632$1,274$984$753$571$419
24 years$1,547$1,194$910$687$514$370
25 years$1,470$1,120$843$627$462$328
26 years$1,398$1,053$782$573$416$290
27 years$1,332$991$726$525$375$257
28 years$1,270$934$675$481$339$228
29 years$1,213$881$628$441$306$202
30 years$1,160$832$585$405$276$180
31 years$1,111$786$545$372$250$159
32 years$1,064$744$509$342$226$142
33 years$1,021$705$475$314$205$126
34 years$980$668$444$289$185$112
35 years$942$633$415$266$168$100
36 years$905$601$388$245$152$89
37 years$871$571$363$226$138$79
38 years$839$543$340$208$125$70
39 years$808$516$319$192$113$62
40 years$779$491$299$177$103$56
41 years$752$467$280$163$93$49
42 years$726$445$263$151$85$44
43 years$701$424$247$139$77$39
44 years$677$404$231$128$70$35
45 years$655$385$217$119$63$31
46 years$633$368$204$110$57$28
47 years$613$351$192$101$52$25
48 years$593$335$180$94$47$22
49 years$574$320$169$86$43$20
50 years$557$306$159$80$39$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $570,000, adding $2,135 every year, while hoping to spend $24,796 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: 45/40/15 Blend
45$570,000$570,000$570,000$570,000
46$630,342$600,132$591,297$655,913
47$668,254$603,156$584,723$676,979
48$709,203$605,497$577,097$697,144
49$753,470$607,095$568,359$718,473
50$801,369$607,887$558,444$741,083
51$853,241$607,807$547,284$765,107
52$909,463$606,781$534,810$790,690
53$970,450$604,735$520,948$817,994
54$1,036,656$601,587$505,620$847,199
55$1,108,583$597,252$488,746$878,506
56$1,186,781$591,640$470,241$912,136
57$1,271,857$584,655$450,019$948,336
58$1,364,477$576,194$427,985$987,381
59$1,465,376$566,149$404,044$1,029,572
60$1,575,360$554,406$378,096$1,075,249
61$1,695,319$540,845$350,034$1,124,784
62$1,826,231$525,336$319,750$1,178,591
63$1,969,173$507,743$287,128$1,237,130
64$2,125,329$487,924$252,048$1,300,910
65$2,296,006$465,725$214,384$1,370,494
66$2,482,639$440,986$174,007$1,446,508
67$2,686,811$413,537$130,779$1,529,644
68$2,910,263$383,198$84,557$1,620,666
69$3,154,913$349,778$35,193$1,720,425
70$3,422,874$313,076$0$1,829,859
71$3,716,470$272,880$0$1,952,805
72$4,038,263$228,964$0$2,093,808
73$4,391,076$181,093$0$2,248,528
74$4,778,013$129,014$0$2,418,401
75$5,202,498$72,464$0$2,605,012
76$5,668,300$11,162$0$2,810,114
77$6,179,571$0$0$3,035,640
78$6,740,885$0$0$3,308,021
79$7,357,279$0$0$3,612,595
80$8,034,303$0$0$3,947,201
81$8,778,071$0$0$4,314,869
82$9,595,318$0$0$4,718,939
83$10,493,463$0$0$5,163,089
84$11,480,680$0$0$5,651,371
85$12,565,976$0$0$6,188,249
86$13,759,272$0$0$6,778,643
87$15,071,497$0$0$7,427,972
88$16,514,697$0$0$8,142,206
89$18,102,139$0$0$8,927,924
90$19,848,442$0$0$9,792,375
91$21,769,715$0$0$10,743,544
92$23,883,705$0$0$11,790,232
93$26,209,967$0$0$12,942,134
94$28,770,046$0$0$14,209,932
95$31,587,683$0$0$15,605,399
96$34,689,036$0$0$17,141,503
97$38,102,929$0$0$18,832,538
98$41,861,120$0$0$20,694,250
99$45,998,606$0$0$22,743,992
100$50,553,946$0$0$25,000,883