Can I retire at age 46 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$64,412$63,838$63,278$62,732$62,198$61,574
2 years$31,887$31,293$30,718$30,160$29,618$28,990
3 years$21,047$20,450$19,876$19,323$18,791$18,178
4 years$15,628$15,033$14,465$13,921$13,402$12,808
5 years$12,377$11,786$11,225$10,693$10,188$9,616
6 years$10,211$9,624$9,072$8,551$8,061$7,511
7 years$8,664$8,082$7,539$7,031$6,556$6,028
8 years$7,505$6,928$6,393$5,898$5,439$4,934
9 years$6,603$6,032$5,507$5,024$4,580$4,097
10 years$5,882$5,317$4,801$4,330$3,903$3,442
11 years$5,293$4,734$4,227$3,769$3,356$2,917
12 years$4,803$4,249$3,751$3,306$2,909$2,490
13 years$4,388$3,839$3,351$2,918$2,536$2,138
14 years$4,032$3,490$3,011$2,591$2,223$1,845
15 years$3,725$3,188$2,719$2,310$1,958$1,599
16 years$3,456$2,925$2,465$2,069$1,730$1,391
17 years$3,219$2,694$2,243$1,859$1,534$1,213
18 years$3,008$2,489$2,047$1,675$1,364$1,061
19 years$2,820$2,307$1,874$1,514$1,216$929
20 years$2,651$2,144$1,720$1,371$1,086$816
21 years$2,498$1,997$1,582$1,244$972$717
22 years$2,359$1,864$1,458$1,131$871$632
23 years$2,233$1,743$1,346$1,030$782$557
24 years$2,117$1,633$1,245$940$703$492
25 years$2,011$1,533$1,153$858$632$434
26 years$1,913$1,441$1,070$785$570$384
27 years$1,822$1,356$993$718$514$340
28 years$1,738$1,278$923$658$463$301
29 years$1,660$1,205$859$603$418$266
30 years$1,588$1,138$800$554$378$236
31 years$1,520$1,076$746$509$342$209
32 years$1,456$1,018$696$467$309$186
33 years$1,397$964$650$430$280$165
34 years$1,341$914$607$395$253$146
35 years$1,288$867$568$364$229$130
36 years$1,239$823$531$335$208$115
37 years$1,192$781$497$309$188$102
38 years$1,148$743$466$285$171$91
39 years$1,106$706$436$263$155$81
40 years$1,066$672$409$242$141$72
41 years$1,029$639$383$223$127$64
42 years$993$609$360$206$116$57
43 years$959$580$337$190$105$50
44 years$927$553$317$176$95$45
45 years$896$527$297$162$87$40
46 years$867$503$279$150$79$35
47 years$839$480$262$139$71$32
48 years$812$458$247$128$65$28
49 years$786$438$232$118$59$25
50 years$762$418$218$109$53$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $780,000, adding $5,477 every year, while hoping to spend $32,993 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: 47/47/6 Blend
45$780,000$780,000$780,000$780,000
46$865,210$823,870$811,780$904,245
47$918,357$829,135$803,870$936,852
48$975,819$833,552$794,589$968,297
49$1,038,002$837,046$783,857$1,001,644
50$1,105,351$839,534$771,589$1,037,079
51$1,178,356$840,930$757,697$1,074,806
52$1,257,555$841,143$742,087$1,115,055
53$1,343,542$840,075$724,663$1,158,078
54$1,436,967$837,623$705,323$1,204,156
55$1,538,548$833,676$683,962$1,253,599
56$1,649,073$828,120$660,467$1,306,751
57$1,769,410$820,829$634,724$1,363,994
58$1,900,513$811,673$606,611$1,425,750
59$2,043,433$800,512$576,000$1,492,487
60$2,199,327$787,201$542,760$1,564,724
61$2,369,467$771,583$506,751$1,643,034
62$2,555,254$753,492$467,829$1,728,052
63$2,758,231$732,754$425,842$1,820,482
64$2,980,095$709,184$380,632$1,921,103
65$3,222,716$682,585$332,035$2,030,775
66$3,488,151$652,750$279,877$2,150,452
67$3,778,668$619,460$223,978$2,281,188
68$4,096,761$582,483$164,150$2,424,151
69$4,445,179$541,573$100,197$2,580,630
70$4,826,948$496,470$31,915$2,752,051
71$5,245,401$446,901$0$2,939,994
72$5,704,208$392,575$0$3,148,825
73$6,207,412$333,187$0$3,380,200
74$6,759,466$268,411$0$3,634,222
75$7,365,275$197,907$0$3,913,262
76$8,030,242$121,313$0$4,219,941
77$8,760,317$38,247$0$4,557,152
78$9,562,056$0$0$4,928,093
79$10,442,680$0$0$5,363,028
80$11,410,145$0$0$5,862,678
81$12,473,213$0$0$6,411,801
82$13,641,541$0$0$7,015,394
83$14,925,764$0$0$7,678,966
84$16,337,600$0$0$8,408,585
85$17,889,960$0$0$9,210,935
86$19,597,068$0$0$10,093,382
87$21,474,593$0$0$11,064,041
88$23,539,803$0$0$12,131,853
89$25,811,721$0$0$13,306,669
90$28,311,307$0$0$14,599,343
91$31,061,654$0$0$16,021,835
92$34,088,208$0$0$17,587,322
93$37,419,006$0$0$19,310,323
94$41,084,940$0$0$21,206,837
95$45,120,049$0$0$23,294,491
96$49,561,839$0$0$25,592,710
97$54,451,638$0$0$28,122,896
98$59,834,982$0$0$30,908,632
99$65,762,050$0$0$33,975,905
100$72,288,131$0$0$37,353,350