Can I retire at age 46 with 760,000?

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 $760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$62,760$62,201$61,656$61,123$60,603$58,314
2 years$31,069$30,491$29,930$29,386$28,859$26,579
3 years$20,507$19,926$19,367$18,828$18,309$16,110
4 years$15,227$14,648$14,094$13,565$13,058$10,958
5 years$12,060$11,484$10,937$10,419$9,927$7,929
6 years$9,949$9,378$8,839$8,332$7,855$5,962
7 years$8,442$7,875$7,345$6,850$6,388$4,599
8 years$7,312$6,751$6,229$5,746$5,299$3,613
9 years$6,434$5,878$5,365$4,895$4,463$2,877
10 years$5,732$5,181$4,678$4,219$3,803$2,314
11 years$5,157$4,612$4,118$3,672$3,270$1,876
12 years$4,679$4,140$3,655$3,221$2,834$1,530
13 years$4,275$3,741$3,265$2,844$2,471$1,254
14 years$3,929$3,400$2,934$2,524$2,166$1,031
15 years$3,629$3,106$2,649$2,251$1,907$851
16 years$3,367$2,850$2,402$2,016$1,686$704
17 years$3,136$2,625$2,185$1,811$1,495$584
18 years$2,931$2,425$1,995$1,632$1,329$485
19 years$2,748$2,248$1,826$1,475$1,185$403
20 years$2,583$2,089$1,676$1,336$1,058$336
21 years$2,434$1,946$1,542$1,212$947$280
22 years$2,299$1,816$1,421$1,102$849$234
23 years$2,176$1,699$1,312$1,004$762$195
24 years$2,063$1,592$1,213$916$685$163
25 years$1,959$1,494$1,124$836$616$136
26 years$1,864$1,404$1,042$764$555$114
27 years$1,776$1,321$968$700$500$95
28 years$1,694$1,245$900$641$452$80
29 years$1,618$1,174$837$588$408$67
30 years$1,547$1,109$780$540$368$56
31 years$1,481$1,048$727$496$333$47
32 years$1,419$992$678$455$301$39
33 years$1,361$939$633$419$273$33
34 years$1,307$890$592$385$247$27
35 years$1,255$845$553$355$224$23
36 years$1,207$802$518$327$203$19
37 years$1,161$761$484$301$184$16
38 years$1,118$724$454$277$166$13
39 years$1,078$688$425$256$151$11
40 years$1,039$655$398$236$137$9
41 years$1,002$623$374$218$124$8
42 years$968$593$350$201$113$7
43 years$934$565$329$185$102$6
44 years$903$539$309$171$93$5
45 years$873$514$290$158$84$4
46 years$844$490$272$146$77$3
47 years$817$468$256$135$70$3
48 years$791$447$240$125$63$2
49 years$766$427$226$115$57$2
50 years$742$407$212$107$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $760,000, adding $6,063 every year, while hoping to spend $38,618 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: 43/42/15 Blend
45$760,000$760,000$760,000$760,000
46$843,774$803,494$791,714$876,135
47$888,750$801,776$777,147$897,721
48$937,019$798,679$760,798$916,785
49$988,876$794,096$742,566$936,605
50$1,044,645$787,911$722,346$957,268
51$1,104,683$780,002$700,029$978,872
52$1,169,379$770,241$675,498$1,001,527
53$1,239,163$758,490$648,634$1,025,358
54$1,314,505$744,604$619,311$1,050,504
55$1,395,925$728,429$587,398$1,077,124
56$1,483,990$709,803$552,757$1,105,393
57$1,579,327$688,554$515,244$1,135,511
58$1,682,623$664,498$474,710$1,167,699
59$1,794,636$637,443$430,998$1,202,207
60$1,916,195$607,184$383,943$1,239,314
61$2,048,216$573,506$333,374$1,279,330
62$2,191,706$536,179$279,114$1,322,606
63$2,347,771$494,962$220,975$1,369,530
64$2,517,628$449,600$158,762$1,420,536
65$2,702,618$399,822$92,272$1,476,109
66$2,904,214$345,343$21,293$1,536,789
67$3,124,041$285,861$0$1,603,177
68$3,363,883$221,059$0$1,684,661
69$3,625,706$150,598$0$1,777,472
70$3,911,675$74,124$0$1,879,069
71$4,224,171$0$0$1,990,415
72$4,565,817$0$0$2,116,616
73$4,939,501$0$0$2,292,211
74$5,348,401$0$0$2,484,448
75$5,796,019$0$0$2,694,982
76$6,286,210$0$0$2,925,641
77$6,823,218$0$0$3,178,434
78$7,411,719$0$0$3,455,575
79$8,056,863$0$0$3,759,501
80$8,764,319$0$0$4,092,899
81$9,540,334$0$0$4,458,727
82$10,391,787$0$0$4,860,241
83$11,326,255$0$0$5,301,032
84$12,352,087$0$0$5,785,053
85$13,478,476$0$0$6,316,658
86$14,715,551$0$0$6,900,646
87$16,074,469$0$0$7,542,300
88$17,567,521$0$0$8,247,443
89$19,208,248$0$0$9,022,489
90$21,011,568$0$0$9,874,505
91$22,993,916$0$0$10,811,276
92$25,173,396$0$0$11,841,379
93$27,569,958$0$0$12,974,264
94$30,205,578$0$0$14,220,343
95$33,104,472$0$0$15,591,088
96$36,293,317$0$0$17,099,136
97$39,801,508$0$0$18,758,415
98$43,661,433$0$0$20,584,268
99$47,908,775$0$0$22,593,602
100$52,582,853$0$0$24,805,045