Can I retire at age 46 with 660,000?

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 $660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$54,502$54,017$53,543$53,081$52,629$52,080
2 years$26,981$26,479$25,992$25,520$25,062$24,508
3 years$17,809$17,304$16,818$16,351$15,900$15,360
4 years$13,224$12,720$12,239$11,780$11,340$10,817
5 years$10,473$9,973$9,498$9,048$8,621$8,117
6 years$8,640$8,144$7,676$7,236$6,821$6,337
7 years$7,331$6,839$6,379$5,949$5,547$5,083
8 years$6,350$5,862$5,410$4,990$4,602$4,158
9 years$5,587$5,104$4,659$4,251$3,876$3,451
10 years$4,977$4,499$4,062$3,664$3,302$2,897
11 years$4,479$4,005$3,576$3,189$2,840$2,454
12 years$4,064$3,595$3,174$2,797$2,461$2,093
13 years$3,713$3,249$2,836$2,469$2,146$1,797
14 years$3,412$2,953$2,548$2,192$1,881$1,549
15 years$3,152$2,698$2,300$1,955$1,656$1,342
16 years$2,924$2,475$2,086$1,750$1,464$1,166
17 years$2,723$2,279$1,898$1,573$1,298$1,016
18 years$2,545$2,106$1,732$1,417$1,154$888
19 years$2,386$1,952$1,586$1,281$1,029$777
20 years$2,243$1,814$1,456$1,160$919$682
21 years$2,114$1,690$1,339$1,053$822$599
22 years$1,996$1,577$1,234$957$737$527
23 years$1,889$1,475$1,139$872$662$465
24 years$1,792$1,382$1,054$795$595$410
25 years$1,702$1,297$976$726$535$362
26 years$1,619$1,219$905$664$482$319
27 years$1,542$1,147$840$608$435$282
28 years$1,471$1,081$781$557$392$250
29 years$1,405$1,020$727$511$354$221
30 years$1,343$963$677$469$320$196
31 years$1,286$910$631$430$289$173
32 years$1,232$861$589$395$262$154
33 years$1,182$816$550$364$237$136
34 years$1,135$773$514$335$214$121
35 years$1,090$733$480$308$194$107
36 years$1,048$696$449$284$176$95
37 years$1,009$661$421$261$159$84
38 years$971$628$394$241$145$75
39 years$936$597$369$222$131$67
40 years$902$568$346$205$119$59
41 years$871$541$324$189$108$52
42 years$840$515$304$174$98$47
43 years$812$491$286$161$89$41
44 years$784$468$268$149$81$37
45 years$758$446$252$137$73$33
46 years$733$426$236$127$66$29
47 years$710$406$222$117$60$26
48 years$687$388$209$108$55$23
49 years$665$370$196$100$50$20
50 years$644$354$184$93$45$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $660,000, adding $3,779 every year, while hoping to spend $24,513 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: 38/46/16 Blend
45$660,000$660,000$660,000$660,000
46$731,218$696,238$686,008$755,346
47$779,721$704,272$682,908$781,019
48$832,349$711,878$678,882$806,117
49$889,498$719,010$673,874$832,719
50$951,602$725,616$667,824$860,971
51$1,019,139$731,645$660,669$891,039
52$1,092,634$737,039$652,345$923,104
53$1,172,667$741,738$642,783$957,369
54$1,259,874$745,677$631,910$994,057
55$1,354,954$748,789$619,653$1,033,415
56$1,458,680$751,001$605,932$1,075,720
57$1,571,900$752,234$590,666$1,121,275
58$1,695,549$752,408$573,767$1,170,419
59$1,830,653$751,435$555,147$1,223,523
60$1,978,347$749,222$534,711$1,281,004
61$2,139,875$745,671$512,361$1,343,318
62$2,316,611$740,678$487,994$1,410,974
63$2,510,066$734,132$461,503$1,484,533
64$2,721,904$725,915$432,774$1,564,617
65$2,953,958$715,905$401,692$1,651,914
66$3,208,245$703,967$368,132$1,747,185
67$3,486,988$689,964$331,967$1,851,273
68$3,792,636$673,747$293,062$1,965,110
69$4,127,884$655,160$251,279$2,089,725
70$4,495,702$634,036$206,470$2,226,258
71$4,899,360$610,201$158,484$2,375,969
72$5,342,462$583,468$107,161$2,540,252
73$5,828,977$553,642$52,334$2,720,645
74$6,363,276$520,514$0$2,918,851
75$6,950,176$483,864$0$3,137,805
76$7,594,981$443,461$0$3,388,134
77$8,303,537$399,059$0$3,663,224
78$9,082,283$350,398$0$3,965,645
79$9,938,312$297,203$0$4,298,235
80$10,879,439$239,186$0$4,664,127
81$11,914,275$176,039$0$5,066,778
82$13,052,306$107,440$0$5,510,006
83$14,303,984$33,047$0$5,998,021
84$15,680,824$0$0$6,535,471
85$17,195,513$0$0$7,151,530
86$18,862,030$0$0$7,847,849
87$20,695,778$0$0$8,614,149
88$22,713,728$0$0$9,457,534
89$24,934,579$0$0$10,385,835
90$27,378,934$0$0$11,407,676
91$30,069,496$0$0$12,532,564
92$33,031,279$0$0$13,770,971
93$36,291,847$0$0$15,134,438
94$39,881,572$0$0$16,635,682
95$43,833,918$0$0$18,288,716
96$48,185,764$0$0$20,108,979
97$52,977,743$0$0$22,113,485
98$58,254,630$0$0$24,320,983
99$64,065,764$0$0$26,752,131
100$70,465,512$0$0$29,429,694