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%13.3%
1 years$62,760$62,201$61,656$61,123$60,603$59,772
2 years$31,069$30,491$29,930$29,386$28,859$28,022
3 years$20,507$19,926$19,367$18,828$18,309$17,494
4 years$15,227$14,648$14,094$13,565$13,058$12,271
5 years$12,060$11,484$10,937$10,419$9,927$9,169
6 years$9,949$9,378$8,839$8,332$7,855$7,128
7 years$8,442$7,875$7,345$6,850$6,388$5,692
8 years$7,312$6,751$6,229$5,746$5,299$4,634
9 years$6,434$5,878$5,365$4,895$4,463$3,828
10 years$5,732$5,181$4,678$4,219$3,803$3,198
11 years$5,157$4,612$4,118$3,672$3,270$2,695
12 years$4,679$4,140$3,655$3,221$2,834$2,288
13 years$4,275$3,741$3,265$2,844$2,471$1,953
14 years$3,929$3,400$2,934$2,524$2,166$1,676
15 years$3,629$3,106$2,649$2,251$1,907$1,443
16 years$3,367$2,850$2,402$2,016$1,686$1,247
17 years$3,136$2,625$2,185$1,811$1,495$1,081
18 years$2,931$2,425$1,995$1,632$1,329$939
19 years$2,748$2,248$1,826$1,475$1,185$818
20 years$2,583$2,089$1,676$1,336$1,058$713
21 years$2,434$1,946$1,542$1,212$947$623
22 years$2,299$1,816$1,421$1,102$849$545
23 years$2,176$1,699$1,312$1,004$762$477
24 years$2,063$1,592$1,213$916$685$418
25 years$1,959$1,494$1,124$836$616$367
26 years$1,864$1,404$1,042$764$555$322
27 years$1,776$1,321$968$700$500$283
28 years$1,694$1,245$900$641$452$248
29 years$1,618$1,174$837$588$408$219
30 years$1,547$1,109$780$540$368$192
31 years$1,481$1,048$727$496$333$169
32 years$1,419$992$678$455$301$149
33 years$1,361$939$633$419$273$131
34 years$1,307$890$592$385$247$116
35 years$1,255$845$553$355$224$102
36 years$1,207$802$518$327$203$90
37 years$1,161$761$484$301$184$79
38 years$1,118$724$454$277$166$70
39 years$1,078$688$425$256$151$61
40 years$1,039$655$398$236$137$54
41 years$1,002$623$374$218$124$48
42 years$968$593$350$201$113$42
43 years$934$565$329$185$102$37
44 years$903$539$309$171$93$33
45 years$873$514$290$158$84$29
46 years$844$490$272$146$77$26
47 years$817$468$256$135$70$23
48 years$791$447$240$125$63$20
49 years$766$427$226$115$57$18
50 years$742$407$212$107$52$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $760,000, adding $5,962 every year, while hoping to spend $36,036 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: 67/15/18 Blend
45$760,000$760,000$760,000$760,000
46$843,670$803,390$791,610$896,089
47$891,382$804,414$779,787$932,915
48$942,753$804,280$766,360$968,424
49$998,118$802,894$751,237$1,006,373
50$1,057,846$800,156$734,323$1,046,999
51$1,122,340$795,957$715,517$1,090,567
52$1,192,045$790,185$694,713$1,137,367
53$1,267,450$782,721$671,802$1,187,719
54$1,349,091$773,435$646,669$1,241,981
55$1,437,559$762,194$619,193$1,300,543
56$1,533,503$748,855$589,248$1,363,839
57$1,637,636$733,265$556,704$1,432,348
58$1,750,744$715,264$521,423$1,506,599
59$1,873,691$694,682$483,261$1,587,176
60$2,007,425$671,340$442,069$1,674,725
61$2,152,993$645,046$397,689$1,769,958
62$2,311,545$615,599$349,957$1,873,662
63$2,484,345$582,787$298,704$1,986,707
64$2,672,787$546,382$243,749$2,110,052
65$2,878,405$506,148$184,908$2,244,758
66$3,102,884$461,831$121,984$2,391,994
67$3,348,083$413,166$54,776$2,553,051
68$3,616,047$359,870$0$2,729,358
69$3,909,026$301,646$0$2,925,742
70$4,229,500$238,180$0$3,152,124
71$4,580,197$169,139$0$3,399,938
72$4,964,123$94,173$0$3,671,344
73$5,384,587$12,910$0$3,968,729
74$5,845,233$0$0$4,294,722
75$6,350,075$0$0$4,664,606
76$6,903,532$0$0$5,072,492
77$7,510,473$0$0$5,519,844
78$8,176,260$0$0$6,010,620
79$8,906,798$0$0$6,549,179
80$9,708,592$0$0$7,140,323
81$10,588,809$0$0$7,789,343
82$11,555,340$0$0$8,502,065
83$12,616,882$0$0$9,284,908
84$13,783,013$0$0$10,144,943
85$15,064,284$0$0$11,089,961
86$16,472,319$0$0$12,128,543
87$18,019,926$0$0$13,270,144
88$19,721,213$0$0$14,525,179
89$21,591,723$0$0$15,905,125
90$23,648,583$0$0$17,422,624
91$25,910,659$0$0$19,091,606
92$28,398,739$0$0$20,927,418
93$31,135,727$0$0$22,946,970
94$34,146,858$0$0$25,168,892
95$37,459,935$0$0$27,613,712
96$41,105,595$0$0$30,304,048
97$45,117,591$0$0$33,264,821
98$49,533,117$0$0$36,523,490
99$54,393,152$0$0$40,110,312
100$59,742,853$0$0$44,058,624