Can I retire at age 46 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$61,934$61,383$60,844$60,319$59,806$58,195
2 years$30,661$30,090$29,536$29,000$28,479$26,868
3 years$20,237$19,664$19,112$18,580$18,068$16,507
4 years$15,027$14,455$13,909$13,386$12,886$11,387
5 years$11,901$11,333$10,794$10,282$9,796$8,362
6 years$9,818$9,254$8,723$8,222$7,751$6,385
7 years$8,331$7,772$7,249$6,760$6,304$5,005
8 years$7,216$6,662$6,147$5,671$5,230$3,998
9 years$6,349$5,800$5,295$4,830$4,404$3,238
10 years$5,656$5,113$4,616$4,164$3,753$2,650
11 years$5,090$4,551$4,064$3,624$3,227$2,188
12 years$4,618$4,085$3,607$3,179$2,797$1,818
13 years$4,219$3,692$3,222$2,806$2,439$1,518
14 years$3,877$3,356$2,895$2,491$2,138$1,273
15 years$3,581$3,066$2,614$2,222$1,882$1,072
16 years$3,323$2,813$2,370$1,989$1,664$905
17 years$3,095$2,590$2,157$1,787$1,475$766
18 years$2,892$2,394$1,969$1,611$1,312$650
19 years$2,712$2,218$1,802$1,455$1,169$552
20 years$2,549$2,061$1,654$1,318$1,044$469
21 years$2,402$1,920$1,521$1,196$934$400
22 years$2,269$1,792$1,402$1,088$838$341
23 years$2,147$1,676$1,295$991$752$291
24 years$2,036$1,571$1,197$903$676$248
25 years$1,934$1,474$1,109$825$608$212
26 years$1,839$1,385$1,029$754$548$182
27 years$1,752$1,304$955$691$494$155
28 years$1,672$1,228$888$633$446$133
29 years$1,597$1,159$826$580$402$114
30 years$1,527$1,094$770$532$364$97
31 years$1,461$1,035$717$489$329$83
32 years$1,400$979$669$449$297$71
33 years$1,343$927$625$413$269$61
34 years$1,289$879$584$380$244$52
35 years$1,239$833$546$350$221$45
36 years$1,191$791$511$322$200$39
37 years$1,146$751$478$297$181$33
38 years$1,104$714$448$274$164$28
39 years$1,063$679$419$252$149$24
40 years$1,025$646$393$233$135$21
41 years$989$615$369$215$123$18
42 years$955$586$346$198$111$15
43 years$922$558$324$183$101$13
44 years$891$532$305$169$92$11
45 years$861$507$286$156$83$10
46 years$833$484$269$144$76$8
47 years$806$462$252$133$69$7
48 years$780$441$237$123$62$6
49 years$756$421$223$114$57$5
50 years$732$402$210$105$51$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $750,000, adding $2,329 every year, while hoping to spend $40,629 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: 50/42/8 Blend
45$750,000$750,000$750,000$750,000
46$828,902$789,152$777,527$868,518
47$870,221$784,592$760,346$891,243
48$914,393$778,446$741,227$911,395
49$961,666$770,595$720,062$932,337
50$1,012,312$760,910$696,740$954,155
51$1,066,629$749,256$671,143$976,944
52$1,124,945$735,489$643,146$1,000,811
53$1,187,620$719,458$612,621$1,025,875
54$1,255,046$701,001$579,433$1,052,273
55$1,327,659$679,948$543,442$1,080,157
56$1,405,932$656,117$504,499$1,109,697
57$1,490,390$629,319$462,452$1,141,083
58$1,581,605$599,352$417,140$1,174,531
59$1,680,208$566,000$368,394$1,210,280
60$1,786,894$529,038$316,040$1,248,597
61$1,902,424$488,228$259,894$1,289,783
62$2,027,636$443,315$199,765$1,334,171
63$2,163,450$394,034$135,453$1,382,137
64$2,310,882$340,101$66,750$1,434,095
65$2,471,044$281,218$0$1,490,512
66$2,645,163$217,070$0$1,552,466
67$2,834,588$147,325$0$1,626,089
68$3,040,802$71,630$0$1,706,342
69$3,265,438$0$0$1,793,960
70$3,510,292$0$0$1,894,560
71$3,777,343$0$0$2,040,458
72$4,068,767$0$0$2,199,745
73$4,386,959$0$0$2,373,741
74$4,734,557$0$0$2,563,898
75$5,114,463$0$0$2,771,814
76$5,529,876$0$0$2,999,249
77$5,984,312$0$0$3,248,141
78$6,481,649$0$0$3,520,623
79$7,026,153$0$0$3,819,046
80$7,622,522$0$0$4,145,996
81$8,275,932$0$0$4,504,323
82$8,992,081$0$0$4,897,166
83$9,777,245$0$0$5,327,981
84$10,638,336$0$0$5,800,575
85$11,582,970$0$0$6,319,142
86$12,619,530$0$0$6,888,300
87$13,757,256$0$0$7,513,138
88$15,006,321$0$0$8,199,259
89$16,377,935$0$0$8,952,837
90$17,884,444$0$0$9,780,674
91$19,539,449$0$0$10,690,262
92$21,357,935$0$0$11,689,854
93$23,356,408$0$0$12,788,545
94$25,553,055$0$0$13,996,351
95$27,967,909$0$0$15,324,309
96$30,623,045$0$0$16,784,580
97$33,542,781$0$0$18,390,559
98$36,753,909$0$0$20,157,008
99$40,285,950$0$0$22,100,190
100$44,171,429$0$0$24,238,021