Can I retire at age 46 with 630,000?

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 $630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$52,025$51,561$51,109$50,668$50,237$49,243
2 years$25,755$25,275$24,810$24,360$23,922$22,925
3 years$16,999$16,518$16,054$15,607$15,177$14,208
4 years$12,622$12,142$11,683$11,244$10,825$9,890
5 years$9,997$9,520$9,067$8,637$8,229$7,332
6 years$8,247$7,773$7,327$6,907$6,511$5,654
7 years$6,998$6,528$6,089$5,678$5,295$4,477
8 years$6,061$5,596$5,164$4,764$4,393$3,614
9 years$5,333$4,872$4,448$4,057$3,699$2,959
10 years$4,751$4,295$3,878$3,498$3,152$2,449
11 years$4,275$3,823$3,414$3,044$2,711$2,045
12 years$3,879$3,432$3,030$2,670$2,349$1,719
13 years$3,544$3,101$2,707$2,357$2,049$1,453
14 years$3,257$2,819$2,432$2,092$1,796$1,234
15 years$3,008$2,575$2,196$1,866$1,581$1,052
16 years$2,791$2,363$1,991$1,671$1,397$900
17 years$2,600$2,176$1,812$1,501$1,239$771
18 years$2,430$2,011$1,654$1,353$1,102$663
19 years$2,278$1,863$1,514$1,222$982$571
20 years$2,141$1,732$1,389$1,107$877$492
21 years$2,018$1,613$1,278$1,005$785$425
22 years$1,906$1,506$1,178$914$704$367
23 years$1,804$1,408$1,088$832$632$318
24 years$1,710$1,319$1,006$759$568$275
25 years$1,624$1,238$932$693$511$239
26 years$1,545$1,164$864$634$460$207
27 years$1,472$1,095$802$580$415$180
28 years$1,404$1,032$746$531$374$156
29 years$1,341$973$694$487$338$136
30 years$1,282$919$646$447$305$118
31 years$1,228$869$603$411$276$102
32 years$1,176$822$562$378$250$89
33 years$1,128$779$525$347$226$77
34 years$1,083$738$491$319$205$67
35 years$1,041$700$459$294$185$59
36 years$1,001$664$429$271$168$51
37 years$963$631$402$250$152$44
38 years$927$600$376$230$138$39
39 years$893$570$352$212$125$34
40 years$861$543$330$196$114$29
41 years$831$517$310$180$103$25
42 years$802$492$290$167$93$22
43 years$775$469$273$154$85$19
44 years$749$447$256$142$77$17
45 years$724$426$240$131$70$15
46 years$700$406$226$121$63$13
47 years$677$388$212$112$58$11
48 years$656$370$199$103$52$10
49 years$635$354$187$96$48$8
50 years$615$338$176$88$43$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $630,000, adding $4,786 every year, while hoping to spend $41,202 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: 65/10/25 Blend
45$630,000$630,000$630,000$630,000
46$699,197$665,807$656,042$739,790
47$726,676$654,593$634,181$756,530
48$755,578$641,448$610,206$769,769
49$786,003$626,235$584,004$783,310
50$818,062$608,808$555,455$797,186
51$851,875$589,010$524,434$811,435
52$887,574$566,680$490,810$826,101
53$925,302$541,642$454,448$841,232
54$965,215$513,715$415,204$856,885
55$1,007,483$482,703$372,929$873,122
56$1,052,293$448,402$327,469$890,016
57$1,099,848$410,595$278,660$907,648
58$1,150,370$369,052$226,333$926,109
59$1,204,104$323,531$170,311$945,503
60$1,261,314$273,776$110,408$965,946
61$1,322,294$219,516$46,432$987,568
62$1,387,361$160,466$0$1,010,517
63$1,456,867$96,324$0$1,040,783
64$1,531,194$26,770$0$1,086,322
65$1,610,762$0$0$1,135,000
66$1,696,034$0$0$1,192,449
67$1,787,513$0$0$1,257,270
68$1,885,756$0$0$1,326,913
69$1,991,371$0$0$1,401,813
70$2,105,027$0$0$1,482,450
71$2,227,458$0$0$1,569,347
72$2,359,469$0$0$1,663,083
73$2,501,947$0$0$1,764,289
74$2,655,865$0$0$1,873,663
75$2,822,293$0$0$1,991,970
76$3,002,405$0$0$2,120,051
77$3,197,494$0$0$2,258,830
78$3,408,981$0$0$2,409,325
79$3,638,428$0$0$2,572,653
80$3,887,552$0$0$2,750,044
81$4,158,245$0$0$2,942,851
82$4,452,584$0$0$3,152,562
83$4,772,858$0$0$3,380,813
84$5,121,581$0$0$3,629,408
85$5,501,524$0$0$3,900,327
86$5,915,734$0$0$4,195,752
87$6,367,565$0$0$4,518,085
88$6,860,707$0$0$4,869,968
89$7,399,225$0$0$5,254,312
90$7,987,592$0$0$5,674,317
91$8,630,732$0$0$6,133,512
92$9,334,067$0$0$6,635,778
93$10,103,567$0$0$7,185,388
94$10,945,805$0$0$7,787,052
95$11,868,018$0$0$8,445,950
96$12,878,179$0$0$9,167,792
97$13,985,063$0$0$9,958,863
98$15,198,340$0$0$10,826,086
99$16,528,654$0$0$11,777,085
100$17,987,734$0$0$12,820,258