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%11.5%
1 years$62,760$62,201$61,656$61,123$60,603$60,222
2 years$31,069$30,491$29,930$29,386$28,859$28,474
3 years$20,507$19,926$19,367$18,828$18,309$17,933
4 years$15,227$14,648$14,094$13,565$13,058$12,693
5 years$12,060$11,484$10,937$10,419$9,927$9,574
6 years$9,949$9,378$8,839$8,332$7,855$7,515
7 years$8,442$7,875$7,345$6,850$6,388$6,062
8 years$7,312$6,751$6,229$5,746$5,299$4,986
9 years$6,434$5,878$5,365$4,895$4,463$4,163
10 years$5,732$5,181$4,678$4,219$3,803$3,516
11 years$5,157$4,612$4,118$3,672$3,270$2,996
12 years$4,679$4,140$3,655$3,221$2,834$2,572
13 years$4,275$3,741$3,265$2,844$2,471$2,222
14 years$3,929$3,400$2,934$2,524$2,166$1,929
15 years$3,629$3,106$2,649$2,251$1,907$1,682
16 years$3,367$2,850$2,402$2,016$1,686$1,471
17 years$3,136$2,625$2,185$1,811$1,495$1,291
18 years$2,931$2,425$1,995$1,632$1,329$1,136
19 years$2,748$2,248$1,826$1,475$1,185$1,002
20 years$2,583$2,089$1,676$1,336$1,058$886
21 years$2,434$1,946$1,542$1,212$947$784
22 years$2,299$1,816$1,421$1,102$849$695
23 years$2,176$1,699$1,312$1,004$762$617
24 years$2,063$1,592$1,213$916$685$548
25 years$1,959$1,494$1,124$836$616$488
26 years$1,864$1,404$1,042$764$555$434
27 years$1,776$1,321$968$700$500$387
28 years$1,694$1,245$900$641$452$345
29 years$1,618$1,174$837$588$408$308
30 years$1,547$1,109$780$540$368$275
31 years$1,481$1,048$727$496$333$246
32 years$1,419$992$678$455$301$219
33 years$1,361$939$633$419$273$196
34 years$1,307$890$592$385$247$175
35 years$1,255$845$553$355$224$157
36 years$1,207$802$518$327$203$140
37 years$1,161$761$484$301$184$126
38 years$1,118$724$454$277$166$112
39 years$1,078$688$425$256$151$101
40 years$1,039$655$398$236$137$90
41 years$1,002$623$374$218$124$81
42 years$968$593$350$201$113$72
43 years$934$565$329$185$102$65
44 years$903$539$309$171$93$58
45 years$873$514$290$158$84$52
46 years$844$490$272$146$77$47
47 years$817$468$256$135$70$42
48 years$791$447$240$125$63$37
49 years$766$427$226$115$57$34
50 years$742$407$212$107$52$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $760,000, adding $3,628 every year, while hoping to spend $47,602 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: 73/5/22 Blend
45$760,000$760,000$760,000$760,000
46$841,262$800,982$789,202$897,899
47$876,423$789,582$764,992$924,666
48$913,574$776,028$738,376$947,924
49$952,870$760,164$709,222$972,214
50$994,476$741,826$677,395$997,629
51$1,038,575$720,837$642,750$1,024,274
52$1,085,365$697,014$605,138$1,052,266
53$1,135,066$670,161$564,403$1,081,735
54$1,187,914$640,071$520,382$1,112,824
55$1,244,170$606,523$472,904$1,145,692
56$1,304,120$569,287$421,790$1,180,517
57$1,368,075$528,118$366,856$1,217,494
58$1,436,379$482,755$307,905$1,256,842
59$1,509,405$432,926$244,736$1,298,802
60$1,587,565$378,340$177,135$1,343,640
61$1,671,310$318,692$104,883$1,391,654
62$1,761,134$253,658$27,747$1,443,172
63$1,857,580$182,898$0$1,498,558
64$1,961,243$106,049$0$1,571,025
65$2,072,776$22,732$0$1,655,992
66$2,192,897$0$0$1,747,496
67$2,322,395$0$0$1,849,858
68$2,462,135$0$0$1,961,693
69$2,613,068$0$0$2,082,515
70$2,776,240$0$0$2,213,163
71$2,952,800$0$0$2,354,562
72$3,144,011$0$0$2,507,726
73$3,351,260$0$0$2,673,773
74$3,576,076$0$0$2,853,930
75$3,820,137$0$0$3,049,546
76$4,085,291$0$0$3,262,108
77$4,373,568$0$0$3,493,249
78$4,687,204$0$0$3,744,766
79$5,028,659$0$0$4,018,636
80$5,400,638$0$0$4,317,037
81$5,806,118$0$0$4,642,361
82$6,248,378$0$0$4,997,247
83$6,731,025$0$0$5,384,593
84$7,258,029$0$0$5,807,594
85$7,833,762$0$0$6,269,765
86$8,463,034$0$0$6,774,976
87$9,151,145$0$0$7,327,487
88$9,903,927$0$0$7,931,991
89$10,727,802$0$0$8,593,654
90$11,629,843$0$0$9,318,162
91$12,617,839$0$0$10,111,781
92$13,700,365$0$0$10,981,409
93$14,886,868$0$0$11,934,643
94$16,187,749$0$0$12,979,851
95$17,614,466$0$0$14,126,248
96$19,179,639$0$0$15,383,984
97$20,897,167$0$0$16,764,241
98$22,782,361$0$0$18,279,333
99$24,852,086$0$0$19,942,827
100$27,124,919$0$0$21,769,666