Can I retire at age 46 with 610,000?

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 $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%14.9%
1 years$50,373$49,925$49,487$49,059$48,642$47,660
2 years$24,937$24,473$24,023$23,586$23,163$22,178
3 years$16,460$15,993$15,544$15,112$14,696$13,738
4 years$12,222$11,757$11,312$10,887$10,481$9,559
5 years$9,680$9,217$8,779$8,363$7,967$7,083
6 years$7,985$7,527$7,095$6,688$6,304$5,458
7 years$6,776$6,321$5,896$5,498$5,127$4,320
8 years$5,869$5,418$5,000$4,612$4,253$3,485
9 years$5,164$4,718$4,306$3,929$3,582$2,851
10 years$4,600$4,158$3,754$3,387$3,052$2,359
11 years$4,140$3,702$3,305$2,947$2,625$1,968
12 years$3,756$3,323$2,933$2,585$2,275$1,654
13 years$3,431$3,003$2,621$2,282$1,984$1,397
14 years$3,153$2,729$2,355$2,026$1,739$1,186
15 years$2,913$2,493$2,126$1,807$1,531$1,010
16 years$2,703$2,288$1,928$1,618$1,353$863
17 years$2,517$2,107$1,754$1,454$1,200$739
18 years$2,353$1,947$1,601$1,310$1,067$635
19 years$2,205$1,804$1,466$1,184$951$546
20 years$2,073$1,677$1,345$1,072$849$471
21 years$1,954$1,562$1,237$973$760$406
22 years$1,845$1,458$1,140$885$681$351
23 years$1,746$1,363$1,053$806$612$303
24 years$1,656$1,277$974$735$550$263
25 years$1,573$1,199$902$671$495$228
26 years$1,496$1,127$837$614$446$197
27 years$1,425$1,060$777$562$402$171
28 years$1,360$999$722$515$362$148
29 years$1,299$943$672$472$327$129
30 years$1,242$890$626$433$296$112
31 years$1,189$841$584$398$267$97
32 years$1,139$796$544$366$242$84
33 years$1,092$754$508$336$219$73
34 years$1,049$715$475$309$198$64
35 years$1,008$678$444$285$179$55
36 years$969$643$415$262$163$48
37 years$932$611$389$242$147$42
38 years$898$581$364$223$134$36
39 years$865$552$341$205$121$32
40 years$834$525$320$189$110$28
41 years$805$500$300$175$100$24
42 years$777$476$281$161$90$21
43 years$750$454$264$149$82$18
44 years$725$433$248$137$75$16
45 years$701$412$233$127$68$14
46 years$678$394$218$117$61$12
47 years$656$376$205$108$56$10
48 years$635$358$193$100$51$9
49 years$615$342$181$93$46$8
50 years$596$327$170$86$42$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $610,000, adding $3,819 every year, while hoping to spend $46,502 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: 51/38/11 Blend
45$610,000$610,000$610,000$610,000
46$676,159$643,829$634,374$708,484
47$695,650$625,899$606,148$713,052
48$715,570$605,532$575,418$712,751
49$735,914$582,559$542,050$711,354
50$756,675$556,802$505,907$708,769
51$777,843$528,073$466,842$704,900
52$799,406$496,171$424,704$699,642
53$821,348$460,886$379,334$692,887
54$843,651$421,995$330,567$684,514
55$866,293$379,262$278,231$674,399
56$889,246$332,438$222,143$662,406
57$912,480$281,258$162,116$648,392
58$935,959$225,446$97,953$632,204
59$959,641$164,707$29,448$613,676
60$983,477$98,730$0$592,635
61$1,007,412$27,188$0$574,017
62$1,031,382$0$0$556,519
63$1,055,315$0$0$557,515
64$1,079,130$0$0$569,778
65$1,102,733$0$0$581,886
66$1,126,019$0$0$593,781
67$1,148,872$0$0$605,394
68$1,171,157$0$0$616,650
69$1,192,727$0$0$627,463
70$1,213,412$0$0$637,738
71$1,233,027$0$0$647,369
72$1,251,362$0$0$656,237
73$1,268,184$0$0$664,208
74$1,283,230$0$0$671,136
75$1,296,209$0$0$676,854
76$1,306,799$0$0$681,179
77$1,314,638$0$0$683,906
78$1,319,325$0$0$684,809
79$1,320,413$0$0$683,636
80$1,317,407$0$0$680,105
81$1,309,758$0$0$673,906
82$1,296,855$0$0$664,695
83$1,278,021$0$0$652,089
84$1,252,506$0$0$635,664
85$1,219,478$0$0$614,951
86$1,178,017$0$0$589,431
87$1,127,102$0$0$558,528
88$1,065,606$0$0$521,605
89$992,278$0$0$477,959
90$905,737$0$0$426,810
91$804,455$0$0$367,298
92$686,742$0$0$298,468
93$550,729$0$0$219,270
94$394,352$0$0$128,541
95$215,329$0$0$24,994
96$11,140$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0