Can I retire at age 46 with 770,000?

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 $770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$63,586$63,019$62,467$61,928$61,401$60,886
2 years$31,478$30,892$30,324$29,773$29,239$28,720
3 years$20,777$20,188$19,621$19,076$18,550$18,044
4 years$15,427$14,840$14,279$13,743$13,230$12,740
5 years$12,219$11,635$11,081$10,556$10,057$9,584
6 years$10,080$9,501$8,955$8,442$7,958$7,503
7 years$8,553$7,979$7,442$6,940$6,472$6,035
8 years$7,408$6,839$6,311$5,822$5,369$4,950
9 years$6,519$5,955$5,436$4,959$4,522$4,121
10 years$5,807$5,249$4,739$4,275$3,853$3,470
11 years$5,225$4,673$4,172$3,720$3,313$2,948
12 years$4,741$4,194$3,703$3,263$2,871$2,523
13 years$4,331$3,790$3,308$2,881$2,504$2,172
14 years$3,981$3,445$2,972$2,557$2,195$1,880
15 years$3,677$3,147$2,684$2,281$1,933$1,633
16 years$3,411$2,888$2,433$2,042$1,708$1,424
17 years$3,177$2,659$2,214$1,835$1,514$1,246
18 years$2,970$2,457$2,021$1,654$1,347$1,092
19 years$2,784$2,277$1,850$1,494$1,200$960
20 years$2,617$2,116$1,698$1,353$1,072$845
21 years$2,466$1,971$1,562$1,228$959$745
22 years$2,329$1,840$1,440$1,117$860$658
23 years$2,204$1,721$1,329$1,017$772$582
24 years$2,090$1,612$1,229$928$694$515
25 years$1,985$1,513$1,139$847$624$457
26 years$1,888$1,422$1,056$775$562$405
27 years$1,799$1,338$981$709$507$359
28 years$1,716$1,261$912$650$457$319
29 years$1,639$1,190$848$596$413$284
30 years$1,567$1,124$790$547$373$252
31 years$1,500$1,062$737$502$337$224
32 years$1,438$1,005$687$461$305$200
33 years$1,379$952$642$424$276$178
34 years$1,324$902$600$390$250$158
35 years$1,272$856$561$359$227$141
36 years$1,223$812$524$331$205$126
37 years$1,177$771$491$305$186$112
38 years$1,133$733$460$281$169$100
39 years$1,092$697$431$259$153$89
40 years$1,053$663$404$239$139$79
41 years$1,016$631$378$221$126$71
42 years$980$601$355$204$114$63
43 years$947$573$333$188$104$56
44 years$915$546$313$173$94$50
45 years$884$521$294$160$85$45
46 years$855$497$276$148$78$40
47 years$828$474$259$137$70$36
48 years$801$453$243$126$64$32
49 years$776$432$229$117$58$28
50 years$752$413$215$108$53$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $770,000, adding $5,713 every year, while hoping to spend $40,493 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: 72/5/23 Blend
45$770,000$770,000$770,000$770,000
46$854,433$813,623$801,688$910,688
47$898,501$810,406$785,460$945,722
48$945,707$805,675$767,332$978,733
49$996,327$799,312$747,196$1,013,894
50$1,050,667$791,192$724,942$1,051,415
51$1,109,061$781,186$700,453$1,091,525
52$1,171,874$769,153$673,607$1,134,479
53$1,239,509$754,946$644,276$1,180,559
54$1,312,408$738,407$612,329$1,230,075
55$1,391,057$719,372$577,625$1,283,371
56$1,475,988$697,665$540,019$1,340,827
57$1,567,789$673,100$499,360$1,402,862
58$1,667,102$645,481$455,487$1,469,939
59$1,774,637$614,600$408,236$1,542,569
60$1,891,171$580,236$357,433$1,621,317
61$2,017,560$542,158$302,897$1,706,809
62$2,154,746$500,118$244,439$1,799,732
63$2,303,764$453,858$181,861$1,900,848
64$2,465,752$403,102$114,958$2,010,997
65$2,641,964$347,559$43,514$2,131,107
66$2,833,778$286,923$0$2,262,203
67$3,042,710$220,869$0$2,413,446
68$3,270,430$149,055$0$2,589,973
69$3,518,774$71,119$0$2,782,530
70$3,789,765$0$0$2,992,702
71$4,085,626$0$0$3,222,965
72$4,408,809$0$0$3,478,801
73$4,762,009$0$0$3,758,436
74$5,148,197$0$0$4,064,225
75$5,570,640$0$0$4,398,760
76$6,032,937$0$0$4,764,898
77$6,539,054$0$0$5,165,781
78$7,093,352$0$0$5,604,873
79$7,700,640$0$0$6,085,987
80$8,366,210$0$0$6,613,320
81$9,095,891$0$0$7,191,498
82$9,896,104$0$0$7,825,614
83$10,773,920$0$0$8,521,279
84$11,737,129$0$0$9,284,671
85$12,794,309$0$0$10,122,597
86$13,954,912$0$0$11,042,554
87$15,229,346$0$0$12,052,802
88$16,629,081$0$0$13,162,438
89$18,166,749$0$0$14,381,485
90$19,856,265$0$0$15,720,984
91$21,712,963$0$0$17,193,099
92$23,753,731$0$0$18,811,229
93$25,997,179$0$0$20,590,138
94$28,463,805$0$0$22,546,090
95$31,176,198$0$0$24,697,007
96$34,159,240$0$0$27,062,630
97$37,440,350$0$0$29,664,712
98$41,049,734$0$0$32,527,220
99$45,020,676$0$0$35,676,561
100$49,389,845$0$0$39,141,828