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%14.7%
1 years$61,934$61,383$60,844$60,319$59,806$58,647
2 years$30,661$30,090$29,536$29,000$28,479$27,316
3 years$20,237$19,664$19,112$18,580$18,068$16,937
4 years$15,027$14,455$13,909$13,386$12,886$11,796
5 years$11,901$11,333$10,794$10,282$9,796$8,750
6 years$9,818$9,254$8,723$8,222$7,751$6,751
7 years$8,331$7,772$7,249$6,760$6,304$5,349
8 years$7,216$6,662$6,147$5,671$5,230$4,320
9 years$6,349$5,800$5,295$4,830$4,404$3,539
10 years$5,656$5,113$4,616$4,164$3,753$2,931
11 years$5,090$4,551$4,064$3,624$3,227$2,449
12 years$4,618$4,085$3,607$3,179$2,797$2,060
13 years$4,219$3,692$3,222$2,806$2,439$1,743
14 years$3,877$3,356$2,895$2,491$2,138$1,481
15 years$3,581$3,066$2,614$2,222$1,882$1,263
16 years$3,323$2,813$2,370$1,989$1,664$1,081
17 years$3,095$2,590$2,157$1,787$1,475$928
18 years$2,892$2,394$1,969$1,611$1,312$798
19 years$2,712$2,218$1,802$1,455$1,169$687
20 years$2,549$2,061$1,654$1,318$1,044$593
21 years$2,402$1,920$1,521$1,196$934$513
22 years$2,269$1,792$1,402$1,088$838$444
23 years$2,147$1,676$1,295$991$752$384
24 years$2,036$1,571$1,197$903$676$333
25 years$1,934$1,474$1,109$825$608$289
26 years$1,839$1,385$1,029$754$548$251
27 years$1,752$1,304$955$691$494$218
28 years$1,672$1,228$888$633$446$189
29 years$1,597$1,159$826$580$402$165
30 years$1,527$1,094$770$532$364$143
31 years$1,461$1,035$717$489$329$125
32 years$1,400$979$669$449$297$108
33 years$1,343$927$625$413$269$94
34 years$1,289$879$584$380$244$82
35 years$1,239$833$546$350$221$72
36 years$1,191$791$511$322$200$62
37 years$1,146$751$478$297$181$54
38 years$1,104$714$448$274$164$47
39 years$1,063$679$419$252$149$41
40 years$1,025$646$393$233$135$36
41 years$989$615$369$215$123$31
42 years$955$586$346$198$111$27
43 years$922$558$324$183$101$24
44 years$891$532$305$169$92$21
45 years$861$507$286$156$83$18
46 years$833$484$269$144$76$16
47 years$806$462$252$133$69$14
48 years$780$441$237$123$62$12
49 years$756$421$223$114$57$10
50 years$732$402$210$105$51$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $750,000, adding $4,172 every year, while hoping to spend $41,942 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: 68/19/13 Blend
45$750,000$750,000$750,000$750,000
46$830,803$791,053$779,428$884,599
47$870,919$785,189$760,913$915,066
48$913,722$777,632$740,372$942,991
49$959,439$768,254$717,693$972,454
50$1,008,325$756,921$692,758$1,003,602
51$1,060,654$743,490$665,446$1,036,597
52$1,116,729$727,809$635,627$1,071,618
53$1,176,882$709,719$603,167$1,108,864
54$1,241,478$689,049$567,927$1,148,556
55$1,310,916$665,620$529,760$1,190,937
56$1,385,635$639,241$488,512$1,236,279
57$1,466,117$609,711$444,025$1,284,880
58$1,552,892$576,817$396,130$1,337,074
59$1,646,540$540,334$344,653$1,393,227
60$1,747,700$500,024$289,413$1,453,746
61$1,857,076$455,635$230,218$1,519,082
62$1,975,437$406,901$166,870$1,589,733
63$2,103,633$353,541$99,162$1,666,252
64$2,242,597$295,257$26,876$1,749,248
65$2,393,352$231,736$0$1,839,399
66$2,557,029$162,645$0$1,944,422
67$2,734,866$87,635$0$2,062,606
68$2,928,228$6,335$0$2,191,166
69$3,138,618$0$0$2,331,150
70$3,367,686$0$0$2,500,783
71$3,617,250$0$0$2,687,078
72$3,889,311$0$0$2,890,207
73$4,186,070$0$0$3,111,821
74$4,509,949$0$0$3,353,735
75$4,863,617$0$0$3,617,945
76$5,250,008$0$0$3,906,652
77$5,672,357$0$0$4,222,277
78$6,134,220$0$0$4,567,485
79$6,639,517$0$0$4,945,213
80$7,192,562$0$0$5,358,692
81$7,798,106$0$0$5,811,482
82$8,461,379$0$0$6,307,502
83$9,188,145$0$0$6,851,067
84$9,984,748$0$0$7,446,933
85$10,858,175$0$0$8,100,335
86$11,816,124$0$0$8,817,039
87$12,867,072$0$0$9,603,396
88$14,020,356$0$0$10,466,403
89$15,286,262$0$0$11,413,765
90$16,676,119$0$0$12,453,972
91$18,202,406$0$0$13,596,374
92$19,878,873$0$0$14,851,273
93$21,720,664$0$0$16,230,014
94$23,744,463$0$0$17,745,101
95$25,968,651$0$0$19,410,305
96$28,413,477$0$0$21,240,799
97$31,101,250$0$0$23,253,298
98$34,056,549$0$0$25,466,219
99$37,306,451$0$0$27,899,852
100$40,880,791$0$0$30,576,553