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%13%
1 years$50,373$49,925$49,487$49,059$48,642$48,034
2 years$24,937$24,473$24,023$23,586$23,163$22,551
3 years$16,460$15,993$15,544$15,112$14,696$14,099
4 years$12,222$11,757$11,312$10,887$10,481$9,904
5 years$9,680$9,217$8,779$8,363$7,967$7,412
6 years$7,985$7,527$7,095$6,688$6,304$5,771
7 years$6,776$6,321$5,896$5,498$5,127$4,617
8 years$5,869$5,418$5,000$4,612$4,253$3,765
9 years$5,164$4,718$4,306$3,929$3,582$3,116
10 years$4,600$4,158$3,754$3,387$3,052$2,608
11 years$4,140$3,702$3,305$2,947$2,625$2,202
12 years$3,756$3,323$2,933$2,585$2,275$1,873
13 years$3,431$3,003$2,621$2,282$1,984$1,602
14 years$3,153$2,729$2,355$2,026$1,739$1,377
15 years$2,913$2,493$2,126$1,807$1,531$1,188
16 years$2,703$2,288$1,928$1,618$1,353$1,029
17 years$2,517$2,107$1,754$1,454$1,200$894
18 years$2,353$1,947$1,601$1,310$1,067$778
19 years$2,205$1,804$1,466$1,184$951$679
20 years$2,073$1,677$1,345$1,072$849$593
21 years$1,954$1,562$1,237$973$760$519
22 years$1,845$1,458$1,140$885$681$455
23 years$1,746$1,363$1,053$806$612$400
24 years$1,656$1,277$974$735$550$351
25 years$1,573$1,199$902$671$495$309
26 years$1,496$1,127$837$614$446$272
27 years$1,425$1,060$777$562$402$239
28 years$1,360$999$722$515$362$211
29 years$1,299$943$672$472$327$186
30 years$1,242$890$626$433$296$164
31 years$1,189$841$584$398$267$145
32 years$1,139$796$544$366$242$128
33 years$1,092$754$508$336$219$113
34 years$1,049$715$475$309$198$99
35 years$1,008$678$444$285$179$88
36 years$969$643$415$262$163$78
37 years$932$611$389$242$147$69
38 years$898$581$364$223$134$61
39 years$865$552$341$205$121$54
40 years$834$525$320$189$110$47
41 years$805$500$300$175$100$42
42 years$777$476$281$161$90$37
43 years$750$454$264$149$82$33
44 years$725$433$248$137$75$29
45 years$701$412$233$127$68$26
46 years$678$394$218$117$61$23
47 years$656$376$205$108$56$20
48 years$635$358$193$100$51$18
49 years$615$342$181$93$46$16
50 years$596$327$170$86$42$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $610,000, adding $4,802 every year, while hoping to spend $32,373 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: 66/7/27 Blend
45$610,000$610,000$610,000$610,000
46$677,173$644,843$635,388$716,779
47$711,800$641,996$622,229$741,227
48$748,874$637,924$607,544$763,881
49$788,611$632,534$591,248$787,928
50$831,246$625,725$573,252$813,508
51$877,039$617,391$553,462$840,775
52$926,274$607,421$531,780$869,901
53$979,265$595,695$508,105$901,076
54$1,036,354$582,088$482,331$934,510
55$1,097,917$566,466$454,344$970,438
56$1,164,370$548,688$424,030$1,009,117
57$1,236,167$528,604$391,266$1,050,833
58$1,313,807$506,057$355,924$1,095,903
59$1,397,840$480,879$317,873$1,144,677
60$1,488,871$452,893$276,973$1,197,542
61$1,587,563$421,911$233,078$1,254,929
62$1,694,646$387,737$186,038$1,317,311
63$1,810,924$350,161$135,695$1,385,213
64$1,937,281$308,961$81,883$1,459,216
65$2,074,688$263,904$24,430$1,539,961
66$2,224,213$214,743$0$1,628,157
67$2,387,035$161,217$0$1,735,215
68$2,564,447$103,052$0$1,859,577
69$2,757,874$39,954$0$1,995,213
70$2,968,884$0$0$2,143,239
71$3,199,203$0$0$2,307,073
72$3,450,730$0$0$2,489,391
73$3,725,557$0$0$2,688,636
74$4,025,986$0$0$2,906,481
75$4,354,552$0$0$3,144,770
76$4,714,047$0$0$3,405,533
77$5,107,543$0$0$3,691,003
78$5,538,424$0$0$4,003,641
79$6,010,417$0$0$4,346,158
80$6,527,627$0$0$4,721,536
81$7,094,572$0$0$5,133,064
82$7,716,232$0$0$5,584,360
83$8,398,088$0$0$6,079,411
84$9,146,179$0$0$6,622,610
85$9,967,158$0$0$7,218,792
86$10,868,351$0$0$7,873,286
87$11,857,829$0$0$8,591,961
88$12,944,481$0$0$9,381,283
89$14,138,103$0$0$10,248,372
90$15,449,483$0$0$11,201,077
91$16,890,506$0$0$12,248,039
92$18,474,266$0$0$13,398,782
93$20,215,190$0$0$14,663,795
94$22,129,169$0$0$16,054,638
95$24,233,712$0$0$17,584,044
96$26,548,111$0$0$19,266,042
97$29,093,620$0$0$21,116,089
98$31,893,654$0$0$23,151,215
99$34,974,016$0$0$25,390,185
100$38,363,132$0$0$27,853,672