Can I retire at age 46 with 730,000?

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 $730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$60,283$59,746$59,222$58,711$58,211$57,247
2 years$29,843$29,287$28,748$28,226$27,720$26,751
3 years$19,698$19,139$18,602$18,085$17,586$16,643
4 years$14,626$14,070$13,538$13,029$12,543$11,633
5 years$11,584$11,031$10,506$10,008$9,535$8,661
6 years$9,556$9,007$8,490$8,003$7,545$6,707
7 years$8,109$7,564$7,055$6,580$6,136$5,335
8 years$7,024$6,484$5,984$5,520$5,090$4,326
9 years$6,180$5,646$5,154$4,702$4,287$3,559
10 years$5,505$4,976$4,493$4,053$3,652$2,960
11 years$4,954$4,430$3,956$3,527$3,141$2,484
12 years$4,495$3,976$3,510$3,094$2,722$2,099
13 years$4,106$3,593$3,136$2,731$2,374$1,784
14 years$3,774$3,266$2,818$2,425$2,081$1,523
15 years$3,486$2,984$2,544$2,162$1,832$1,306
16 years$3,234$2,738$2,307$1,936$1,619$1,123
17 years$3,012$2,521$2,099$1,740$1,436$968
18 years$2,815$2,330$1,916$1,568$1,277$837
19 years$2,639$2,159$1,754$1,417$1,138$725
20 years$2,481$2,006$1,610$1,283$1,016$629
21 years$2,338$1,869$1,481$1,164$910$546
22 years$2,208$1,745$1,365$1,059$815$475
23 years$2,090$1,632$1,260$964$732$414
24 years$1,982$1,529$1,165$879$658$361
25 years$1,882$1,435$1,079$803$592$315
26 years$1,790$1,348$1,001$734$533$275
27 years$1,706$1,269$930$672$481$240
28 years$1,627$1,196$864$616$434$210
29 years$1,554$1,128$804$565$392$183
30 years$1,486$1,065$749$518$354$160
31 years$1,422$1,007$698$476$320$140
32 years$1,363$953$652$437$289$123
33 years$1,307$902$608$402$262$108
34 years$1,255$855$568$370$237$94
35 years$1,206$811$531$341$215$83
36 years$1,159$770$497$314$195$72
37 years$1,116$731$465$289$176$63
38 years$1,074$695$436$266$160$56
39 years$1,035$661$408$246$145$49
40 years$998$629$383$227$132$43
41 years$963$598$359$209$119$37
42 years$929$570$337$193$108$33
43 years$898$543$316$178$98$29
44 years$867$518$296$164$89$25
45 years$839$494$278$152$81$22
46 years$811$471$261$140$74$19
47 years$785$449$246$130$67$17
48 years$760$429$231$120$61$15
49 years$736$410$217$111$55$13
50 years$713$391$204$102$50$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $730,000, adding $4,831 every year, while hoping to spend $20,199 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: 61/31/8 Blend
45$730,000$730,000$730,000$730,000
46$809,443$770,753$759,438$857,156
47$870,515$787,029$763,388$905,949
48$937,139$803,424$766,793$956,403
49$1,009,860$819,925$769,613$1,010,943
50$1,089,279$836,514$771,808$1,069,963
51$1,176,055$853,173$773,334$1,133,899
52$1,270,916$869,882$774,144$1,203,228
53$1,374,662$886,619$774,190$1,278,479
54$1,488,175$903,361$773,423$1,360,230
55$1,612,425$920,082$771,789$1,449,124
56$1,748,481$936,755$769,233$1,545,863
57$1,897,520$953,350$765,696$1,651,226
58$2,060,838$969,834$761,117$1,766,067
59$2,239,862$986,175$755,433$1,891,330
60$2,436,164$1,002,333$748,576$2,028,055
61$2,651,475$1,018,271$740,476$2,177,386
62$2,887,704$1,033,944$731,060$2,340,585
63$3,146,949$1,049,307$720,251$2,519,044
64$3,431,526$1,064,311$707,967$2,714,295
65$3,743,983$1,078,903$694,125$2,928,027
66$4,087,127$1,093,027$678,636$3,162,102
67$4,464,051$1,106,623$661,408$3,418,573
68$4,878,163$1,119,626$642,344$3,699,700
69$5,333,216$1,131,968$621,342$4,007,977
70$5,833,344$1,143,575$598,298$4,346,150
71$6,383,105$1,154,370$573,100$4,717,247
72$6,987,516$1,164,268$545,633$5,124,606
73$7,652,106$1,173,181$515,776$5,571,905
74$8,382,969$1,181,015$483,402$6,063,198
75$9,186,816$1,187,669$448,380$6,602,953
76$10,071,042$1,193,035$410,572$7,196,096
77$11,043,794$1,197,000$369,832$7,848,054
78$12,114,051$1,199,443$326,011$8,564,811
79$13,291,704$1,200,235$278,952$9,352,961
80$14,587,650$1,199,239$228,490$10,219,772
81$16,013,900$1,196,311$174,453$11,173,257
82$17,583,683$1,191,296$116,663$12,222,243
83$19,311,580$1,184,031$54,932$13,376,464
84$21,213,655$1,174,342$0$14,646,646
85$23,307,608$1,162,045$0$16,045,545
86$25,612,945$1,146,946$0$17,590,323
87$28,151,157$1,128,838$0$19,290,665
88$30,945,926$1,107,502$0$21,162,421
89$34,023,347$1,082,706$0$23,223,055
90$37,412,175$1,054,205$0$25,491,818
91$41,144,094$1,021,738$0$27,989,924
92$45,254,018$985,030$0$30,740,753
93$49,780,422$943,791$0$33,770,075
94$54,765,699$897,711$0$37,106,286
95$60,256,567$846,465$0$40,780,685
96$66,304,503$789,708$0$44,827,764
97$72,966,234$727,075$0$49,285,537
98$80,304,270$658,182$0$54,195,900
99$88,387,493$582,621$0$59,605,024
100$97,291,809$499,961$0$65,563,794