Can I retire at age 46 with 610,000?

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 $610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$50,373$49,925$49,487$49,059$48,642$47,275
2 years$24,937$24,473$24,023$23,586$23,163$21,796
3 years$16,460$15,993$15,544$15,112$14,696$13,371
4 years$12,222$11,757$11,312$10,887$10,481$9,210
5 years$9,680$9,217$8,779$8,363$7,967$6,753
6 years$7,985$7,527$7,095$6,688$6,304$5,148
7 years$6,776$6,321$5,896$5,498$5,127$4,028
8 years$5,869$5,418$5,000$4,612$4,253$3,212
9 years$5,164$4,718$4,306$3,929$3,582$2,597
10 years$4,600$4,158$3,754$3,387$3,052$2,122
11 years$4,140$3,702$3,305$2,947$2,625$1,748
12 years$3,756$3,323$2,933$2,585$2,275$1,449
13 years$3,431$3,003$2,621$2,282$1,984$1,208
14 years$3,153$2,729$2,355$2,026$1,739$1,011
15 years$2,913$2,493$2,126$1,807$1,531$850
16 years$2,703$2,288$1,928$1,618$1,353$716
17 years$2,517$2,107$1,754$1,454$1,200$604
18 years$2,353$1,947$1,601$1,310$1,067$511
19 years$2,205$1,804$1,466$1,184$951$433
20 years$2,073$1,677$1,345$1,072$849$368
21 years$1,954$1,562$1,237$973$760$313
22 years$1,845$1,458$1,140$885$681$266
23 years$1,746$1,363$1,053$806$612$226
24 years$1,656$1,277$974$735$550$193
25 years$1,573$1,199$902$671$495$164
26 years$1,496$1,127$837$614$446$140
27 years$1,425$1,060$777$562$402$120
28 years$1,360$999$722$515$362$102
29 years$1,299$943$672$472$327$87
30 years$1,242$890$626$433$296$74
31 years$1,189$841$584$398$267$64
32 years$1,139$796$544$366$242$54
33 years$1,092$754$508$336$219$46
34 years$1,049$715$475$309$198$40
35 years$1,008$678$444$285$179$34
36 years$969$643$415$262$163$29
37 years$932$611$389$242$147$25
38 years$898$581$364$223$134$21
39 years$865$552$341$205$121$18
40 years$834$525$320$189$110$16
41 years$805$500$300$175$100$13
42 years$777$476$281$161$90$11
43 years$750$454$264$149$82$10
44 years$725$433$248$137$75$8
45 years$701$412$233$127$68$7
46 years$678$394$218$117$61$6
47 years$656$376$205$108$56$5
48 years$635$358$193$100$51$4
49 years$615$342$181$93$46$4
50 years$596$327$170$86$42$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $610,000, adding $6,372 every year, while hoping to spend $47,121 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: 62/25/13 Blend
45$610,000$610,000$610,000$610,000
46$678,793$646,463$637,008$718,374
47$697,893$628,003$608,211$727,242
48$717,363$607,059$576,870$730,967
49$737,189$583,461$542,851$733,884
50$757,357$557,025$506,011$735,915
51$777,849$527,561$466,204$736,979
52$798,644$494,865$423,276$736,987
53$819,715$458,723$377,065$735,844
54$841,033$418,908$327,404$733,448
55$862,563$375,179$274,117$729,688
56$884,266$327,284$217,021$724,446
57$906,094$274,954$155,925$717,594
58$927,995$217,907$90,628$708,996
59$949,909$155,842$20,922$698,504
60$971,766$88,446$0$685,960
61$993,490$15,383$0$678,607
62$1,014,991$0$0$672,426
63$1,036,171$0$0$681,868
64$1,056,917$0$0$695,221
65$1,077,103$0$0$708,166
66$1,096,589$0$0$720,605
67$1,115,215$0$0$732,429
68$1,132,804$0$0$743,516
69$1,149,158$0$0$753,731
70$1,164,055$0$0$762,920
71$1,177,250$0$0$770,913
72$1,188,465$0$0$777,523
73$1,197,396$0$0$782,539
74$1,203,700$0$0$785,725
75$1,206,998$0$0$786,823
76$1,206,869$0$0$785,543
77$1,202,845$0$0$781,564
78$1,194,407$0$0$774,530
79$1,180,976$0$0$764,045
80$1,161,916$0$0$749,673
81$1,136,516$0$0$730,926
82$1,103,992$0$0$707,269
83$1,063,474$0$0$678,104
84$1,014,000$0$0$642,774
85$954,505$0$0$600,548
86$883,809$0$0$550,620
87$800,608$0$0$492,097
88$703,460$0$0$423,992
89$590,771$0$0$345,214
90$460,777$0$0$254,557
91$311,531$0$0$150,688
92$140,880$0$0$32,134
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0