Can I retire at age 46 with 570,000?

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 $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%17.2%
1 years$47,070$46,651$46,242$45,842$45,453$44,121
2 years$23,302$22,868$22,447$22,040$21,644$20,314
3 years$15,380$14,945$14,525$14,121$13,732$12,444
4 years$11,420$10,986$10,570$10,173$9,794$8,558
5 years$9,045$8,613$8,203$7,814$7,445$6,265
6 years$7,462$7,033$6,629$6,249$5,891$4,768
7 years$6,331$5,906$5,509$5,138$4,791$3,725
8 years$5,484$5,063$4,672$4,310$3,975$2,965
9 years$4,825$4,408$4,024$3,671$3,347$2,392
10 years$4,299$3,886$3,508$3,164$2,852$1,951
11 years$3,868$3,459$3,089$2,754$2,453$1,604
12 years$3,510$3,105$2,741$2,416$2,126$1,328
13 years$3,206$2,806$2,449$2,133$1,853$1,104
14 years$2,947$2,550$2,200$1,893$1,625$923
15 years$2,722$2,330$1,987$1,688$1,431$773
16 years$2,525$2,138$1,801$1,512$1,264$650
17 years$2,352$1,969$1,639$1,358$1,121$548
18 years$2,198$1,819$1,496$1,224$997$463
19 years$2,061$1,686$1,370$1,106$888$391
20 years$1,937$1,567$1,257$1,002$794$331
21 years$1,826$1,459$1,156$909$710$281
22 years$1,724$1,362$1,066$827$637$238
23 years$1,632$1,274$984$753$571$202
24 years$1,547$1,194$910$687$514$172
25 years$1,470$1,120$843$627$462$146
26 years$1,398$1,053$782$573$416$124
27 years$1,332$991$726$525$375$106
28 years$1,270$934$675$481$339$90
29 years$1,213$881$628$441$306$77
30 years$1,160$832$585$405$276$65
31 years$1,111$786$545$372$250$56
32 years$1,064$744$509$342$226$48
33 years$1,021$705$475$314$205$41
34 years$980$668$444$289$185$35
35 years$942$633$415$266$168$29
36 years$905$601$388$245$152$25
37 years$871$571$363$226$138$21
38 years$839$543$340$208$125$18
39 years$808$516$319$192$113$16
40 years$779$491$299$177$103$13
41 years$752$467$280$163$93$11
42 years$726$445$263$151$85$10
43 years$701$424$247$139$77$8
44 years$677$404$231$128$70$7
45 years$655$385$217$119$63$6
46 years$633$368$204$110$57$5
47 years$613$351$192$101$52$4
48 years$593$335$180$94$47$4
49 years$574$320$169$86$43$3
50 years$557$306$159$80$39$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $570,000, adding $6,951 every year, while hoping to spend $38,718 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: 67/24/9 Blend
45$570,000$570,000$570,000$570,000
46$635,310$605,100$596,265$676,280
47$658,916$593,554$575,044$692,849
48$683,632$580,145$551,815$705,669
49$709,531$564,740$526,469$718,666
50$736,690$547,200$498,893$731,853
51$765,196$527,376$468,969$745,244
52$795,140$505,112$436,574$758,857
53$826,623$480,241$401,578$772,711
54$859,755$452,589$363,846$786,832
55$894,653$421,969$323,239$801,247
56$931,448$388,186$279,608$815,989
57$970,281$351,032$232,799$831,096
58$1,011,305$310,288$182,654$846,610
59$1,054,688$265,722$129,003$862,583
60$1,100,613$217,090$71,672$879,072
61$1,149,281$164,133$10,478$896,143
62$1,200,910$106,577$0$913,870
63$1,255,739$44,135$0$937,604
64$1,314,028$0$0$963,593
65$1,376,065$0$0$997,166
66$1,442,162$0$0$1,045,374
67$1,512,661$0$0$1,096,815
68$1,587,938$0$0$1,151,763
69$1,668,405$0$0$1,210,524
70$1,754,511$0$0$1,273,428
71$1,846,753$0$0$1,340,841
72$1,945,671$0$0$1,413,161
73$2,051,862$0$0$1,490,829
74$2,165,977$0$0$1,574,324
75$2,288,734$0$0$1,664,176
76$2,420,920$0$0$1,760,965
77$2,563,399$0$0$1,865,328
78$2,717,121$0$0$1,977,966
79$2,883,128$0$0$2,099,648
80$3,062,567$0$0$2,231,219
81$3,256,698$0$0$2,373,609
82$3,466,905$0$0$2,527,838
83$3,694,711$0$0$2,695,031
84$3,941,790$0$0$2,876,422
85$4,209,983$0$0$3,073,370
86$4,501,314$0$0$3,287,369
87$4,818,012$0$0$3,520,061
88$5,162,526$0$0$3,773,256
89$5,537,553$0$0$4,048,942
90$5,946,058$0$0$4,349,309
91$6,391,307$0$0$4,676,765
92$6,876,892$0$0$5,033,963
93$7,406,767$0$0$5,423,820
94$7,985,285$0$0$5,849,548
95$8,617,237$0$0$6,314,685
96$9,307,898$0$0$6,823,123
97$10,063,075$0$0$7,379,149
98$10,889,162$0$0$7,987,481
99$11,793,198$0$0$8,653,316
100$12,782,937$0$0$9,382,377