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%18.4%
1 years$63,586$63,019$62,467$61,928$61,401$59,317
2 years$31,478$30,892$30,324$29,773$29,239$27,160
3 years$20,777$20,188$19,621$19,076$18,550$16,542
4 years$15,427$14,840$14,279$13,743$13,230$11,308
5 years$12,219$11,635$11,081$10,556$10,057$8,226
6 years$10,080$9,501$8,955$8,442$7,958$6,219
7 years$8,553$7,979$7,442$6,940$6,472$4,825
8 years$7,408$6,839$6,311$5,822$5,369$3,814
9 years$6,519$5,955$5,436$4,959$4,522$3,055
10 years$5,807$5,249$4,739$4,275$3,853$2,473
11 years$5,225$4,673$4,172$3,720$3,313$2,017
12 years$4,741$4,194$3,703$3,263$2,871$1,656
13 years$4,331$3,790$3,308$2,881$2,504$1,367
14 years$3,981$3,445$2,972$2,557$2,195$1,132
15 years$3,677$3,147$2,684$2,281$1,933$941
16 years$3,411$2,888$2,433$2,042$1,708$784
17 years$3,177$2,659$2,214$1,835$1,514$655
18 years$2,970$2,457$2,021$1,654$1,347$548
19 years$2,784$2,277$1,850$1,494$1,200$459
20 years$2,617$2,116$1,698$1,353$1,072$386
21 years$2,466$1,971$1,562$1,228$959$324
22 years$2,329$1,840$1,440$1,117$860$272
23 years$2,204$1,721$1,329$1,017$772$229
24 years$2,090$1,612$1,229$928$694$193
25 years$1,985$1,513$1,139$847$624$162
26 years$1,888$1,422$1,056$775$562$137
27 years$1,799$1,338$981$709$507$115
28 years$1,716$1,261$912$650$457$97
29 years$1,639$1,190$848$596$413$82
30 years$1,567$1,124$790$547$373$69
31 years$1,500$1,062$737$502$337$58
32 years$1,438$1,005$687$461$305$49
33 years$1,379$952$642$424$276$42
34 years$1,324$902$600$390$250$35
35 years$1,272$856$561$359$227$30
36 years$1,223$812$524$331$205$25
37 years$1,177$771$491$305$186$21
38 years$1,133$733$460$281$169$18
39 years$1,092$697$431$259$153$15
40 years$1,053$663$404$239$139$13
41 years$1,016$631$378$221$126$11
42 years$980$601$355$204$114$9
43 years$947$573$333$188$104$8
44 years$915$546$313$173$94$6
45 years$884$521$294$160$85$5
46 years$855$497$276$148$78$5
47 years$828$474$259$137$70$4
48 years$801$453$243$126$64$3
49 years$776$432$229$117$58$3
50 years$752$413$215$108$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $770,000, adding $4,749 every year, while hoping to spend $24,045 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: 44/43/13 Blend
45$770,000$770,000$770,000$770,000
46$853,439$812,629$800,694$887,600
47$914,906$826,864$801,933$926,135
48$981,836$840,990$802,408$965,081
49$1,054,763$854,978$802,068$1,006,764
50$1,134,270$868,794$800,859$1,051,445
51$1,221,003$882,402$798,725$1,099,414
52$1,315,670$895,764$795,607$1,150,989
53$1,419,053$908,841$791,444$1,206,522
54$1,532,009$921,587$786,170$1,266,402
55$1,655,486$933,957$779,719$1,331,056
56$1,790,524$945,900$772,019$1,400,959
57$1,938,272$957,362$762,995$1,476,631
58$2,099,990$968,288$752,570$1,558,650
59$2,277,070$978,615$740,662$1,647,651
60$2,471,043$988,279$727,186$1,744,336
61$2,683,596$997,211$712,053$1,849,478
62$2,916,584$1,005,336$695,169$1,963,934
63$3,172,054$1,012,576$676,435$2,088,645
64$3,452,259$1,018,847$655,751$2,224,653
65$3,759,679$1,024,060$633,008$2,373,107
66$4,097,047$1,028,120$608,095$2,535,273
67$4,467,374$1,030,926$580,894$2,712,551
68$4,873,976$1,032,372$551,284$2,906,483
69$5,320,506$1,032,342$519,136$3,118,773
70$5,810,987$1,030,716$484,317$3,351,298
71$6,349,853$1,027,367$446,687$3,606,132
72$6,941,987$1,022,156$406,100$3,885,562
73$7,592,769$1,014,941$362,403$4,192,110
74$8,308,125$1,005,567$315,437$4,528,561
75$9,094,586$993,872$265,036$4,897,984
76$9,959,345$979,683$211,027$5,303,767
77$10,910,329$962,818$153,227$5,749,646
78$11,956,269$943,083$91,447$6,239,743
79$13,106,788$920,274$25,490$6,778,604
80$14,372,486$894,172$0$7,371,245
81$15,765,042$864,549$0$8,029,422
82$17,297,326$831,162$0$8,757,187
83$18,983,516$793,752$0$9,557,760
84$20,839,237$752,047$0$10,438,593
85$22,881,702$705,761$0$11,407,902
86$25,129,880$654,587$0$12,474,748
87$27,604,670$598,205$0$13,649,119
88$30,329,103$536,274$0$14,942,028
89$33,328,554$468,433$0$16,365,617
90$36,630,984$394,304$0$17,933,272
91$40,267,204$313,485$0$19,659,751
92$44,271,164$225,551$0$21,561,325
93$48,680,274$130,054$0$23,655,930
94$53,535,757$26,522$0$25,963,342
95$58,883,037$0$0$28,505,359
96$64,772,169$0$0$31,346,492
97$71,258,309$0$0$34,489,594
98$78,402,235$0$0$37,951,584
99$86,270,923$0$0$41,764,934
100$94,938,174$0$0$45,965,429