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%19.9%
1 years$63,586$63,019$62,467$61,928$61,401$58,965
2 years$31,478$30,892$30,324$29,773$29,239$26,814
3 years$20,777$20,188$19,621$19,076$18,550$16,214
4 years$15,427$14,840$14,279$13,743$13,230$11,000
5 years$12,219$11,635$11,081$10,556$10,057$7,939
6 years$10,080$9,501$8,955$8,442$7,958$5,953
7 years$8,553$7,979$7,442$6,940$6,472$4,579
8 years$7,408$6,839$6,311$5,822$5,369$3,587
9 years$6,519$5,955$5,436$4,959$4,522$2,847
10 years$5,807$5,249$4,739$4,275$3,853$2,283
11 years$5,225$4,673$4,172$3,720$3,313$1,844
12 years$4,741$4,194$3,703$3,263$2,871$1,499
13 years$4,331$3,790$3,308$2,881$2,504$1,224
14 years$3,981$3,445$2,972$2,557$2,195$1,004
15 years$3,677$3,147$2,684$2,281$1,933$825
16 years$3,411$2,888$2,433$2,042$1,708$680
17 years$3,177$2,659$2,214$1,835$1,514$562
18 years$2,970$2,457$2,021$1,654$1,347$465
19 years$2,784$2,277$1,850$1,494$1,200$385
20 years$2,617$2,116$1,698$1,353$1,072$320
21 years$2,466$1,971$1,562$1,228$959$265
22 years$2,329$1,840$1,440$1,117$860$221
23 years$2,204$1,721$1,329$1,017$772$183
24 years$2,090$1,612$1,229$928$694$153
25 years$1,985$1,513$1,139$847$624$127
26 years$1,888$1,422$1,056$775$562$106
27 years$1,799$1,338$981$709$507$88
28 years$1,716$1,261$912$650$457$73
29 years$1,639$1,190$848$596$413$61
30 years$1,567$1,124$790$547$373$51
31 years$1,500$1,062$737$502$337$42
32 years$1,438$1,005$687$461$305$35
33 years$1,379$952$642$424$276$29
34 years$1,324$902$600$390$250$25
35 years$1,272$856$561$359$227$20
36 years$1,223$812$524$331$205$17
37 years$1,177$771$491$305$186$14
38 years$1,133$733$460$281$169$12
39 years$1,092$697$431$259$153$10
40 years$1,053$663$404$239$139$8
41 years$1,016$631$378$221$126$7
42 years$980$601$355$204$114$6
43 years$947$573$333$188$104$5
44 years$915$546$313$173$94$4
45 years$884$521$294$160$85$3
46 years$855$497$276$148$78$3
47 years$828$474$259$137$70$2
48 years$801$453$243$126$64$2
49 years$776$432$229$117$58$2
50 years$752$413$215$108$53$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $770,000, adding $2,736 every year, while hoping to spend $31,807 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: 49/38/13 Blend
45$770,000$770,000$770,000$770,000
46$851,362$810,552$798,617$889,913
47$904,359$816,427$791,528$922,594
48$961,695$821,523$783,136$954,537
49$1,023,780$825,770$773,363$988,521
50$1,091,063$829,090$762,129$1,024,750
51$1,164,039$831,403$749,348$1,063,446
52$1,243,252$832,623$734,932$1,104,856
53$1,329,300$832,658$718,788$1,149,256
54$1,422,840$831,410$700,819$1,196,948
55$1,524,597$828,776$680,924$1,248,269
56$1,635,367$824,648$658,996$1,303,590
57$1,756,027$818,907$634,925$1,363,324
58$1,887,540$811,432$608,593$1,427,927
59$2,030,968$802,091$579,879$1,497,903
60$2,187,479$790,746$548,658$1,573,812
61$2,358,358$777,249$514,794$1,656,270
62$2,545,022$761,445$478,151$1,745,961
63$2,749,027$743,169$438,583$1,843,643
64$2,972,091$722,247$395,938$1,950,151
65$3,216,101$698,494$350,058$2,066,410
66$3,483,136$671,714$300,778$2,193,444
67$3,775,488$641,699$247,926$2,332,383
68$4,095,677$608,232$191,321$2,484,478
69$4,446,481$571,080$130,775$2,651,110
70$4,830,958$529,999$66,092$2,833,807
71$5,252,476$484,729$0$3,034,258
72$5,714,744$434,997$0$3,254,734
73$6,221,850$380,513$0$3,506,700
74$6,778,292$320,972$0$3,783,287
75$7,389,029$256,050$0$4,087,043
76$8,059,520$185,407$0$4,420,779
77$8,795,781$108,682$0$4,787,600
78$9,604,437$25,495$0$5,190,932
79$10,492,789$0$0$5,634,556
80$11,468,876$0$0$6,149,640
81$12,541,558$0$0$6,727,502
82$13,720,593$0$0$7,362,750
83$15,016,733$0$0$8,061,188
84$16,441,824$0$0$8,829,210
85$18,008,915$0$0$9,673,864
86$19,732,386$0$0$10,602,910
87$21,628,077$0$0$11,624,901
88$23,713,443$0$0$12,749,262
89$26,007,714$0$0$13,986,373
90$28,532,080$0$0$15,347,676
91$31,309,885$0$0$16,845,774
92$34,366,854$0$0$18,494,557
93$37,731,329$0$0$20,309,326
94$41,434,541$0$0$22,306,944
95$45,510,901$0$0$24,505,990
96$49,998,326$0$0$26,926,937
97$54,938,596$0$0$29,592,342
98$60,377,747$0$0$32,527,063
99$66,366,507$0$0$35,758,489
100$72,960,773$0$0$39,316,800