Can I retire at age 46 with 780,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%20%
1 years$64,412$63,838$63,278$62,732$62,198$59,707
2 years$31,887$31,293$30,718$30,160$29,618$27,140
3 years$21,047$20,450$19,876$19,323$18,791$16,403
4 years$15,628$15,033$14,465$13,921$13,402$11,123
5 years$12,377$11,786$11,225$10,693$10,188$8,023
6 years$10,211$9,624$9,072$8,551$8,061$6,013
7 years$8,664$8,082$7,539$7,031$6,556$4,623
8 years$7,505$6,928$6,393$5,898$5,439$3,619
9 years$6,603$6,032$5,507$5,024$4,580$2,871
10 years$5,882$5,317$4,801$4,330$3,903$2,300
11 years$5,293$4,734$4,227$3,769$3,356$1,857
12 years$4,803$4,249$3,751$3,306$2,909$1,508
13 years$4,388$3,839$3,351$2,918$2,536$1,231
14 years$4,032$3,490$3,011$2,591$2,223$1,009
15 years$3,725$3,188$2,719$2,310$1,958$829
16 years$3,456$2,925$2,465$2,069$1,730$683
17 years$3,219$2,694$2,243$1,859$1,534$564
18 years$3,008$2,489$2,047$1,675$1,364$466
19 years$2,820$2,307$1,874$1,514$1,216$386
20 years$2,651$2,144$1,720$1,371$1,086$320
21 years$2,498$1,997$1,582$1,244$972$265
22 years$2,359$1,864$1,458$1,131$871$220
23 years$2,233$1,743$1,346$1,030$782$183
24 years$2,117$1,633$1,245$940$703$152
25 years$2,011$1,533$1,153$858$632$127
26 years$1,913$1,441$1,070$785$570$105
27 years$1,822$1,356$993$718$514$88
28 years$1,738$1,278$923$658$463$73
29 years$1,660$1,205$859$603$418$61
30 years$1,588$1,138$800$554$378$51
31 years$1,520$1,076$746$509$342$42
32 years$1,456$1,018$696$467$309$35
33 years$1,397$964$650$430$280$29
34 years$1,341$914$607$395$253$24
35 years$1,288$867$568$364$229$20
36 years$1,239$823$531$335$208$17
37 years$1,192$781$497$309$188$14
38 years$1,148$743$466$285$171$12
39 years$1,106$706$436$263$155$10
40 years$1,066$672$409$242$141$8
41 years$1,029$639$383$223$127$7
42 years$993$609$360$206$116$6
43 years$959$580$337$190$105$5
44 years$927$553$317$176$95$4
45 years$896$527$297$162$87$3
46 years$867$503$279$150$79$3
47 years$839$480$262$139$71$2
48 years$812$458$247$128$65$2
49 years$786$438$232$118$59$2
50 years$762$418$218$109$53$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $780,000, adding $3,438 every year, while hoping to spend $46,737 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: 51/41/8 Blend
45$780,000$780,000$780,000$780,000
46$863,106$821,766$809,676$905,195
47$901,415$812,305$787,073$924,772
48$942,065$800,814$762,145$940,732
49$985,246$787,144$734,767$956,978
50$1,031,165$771,137$704,805$973,549
51$1,080,048$752,627$672,120$990,487
52$1,132,143$731,436$636,567$1,007,845
53$1,187,724$707,379$597,994$1,025,683
54$1,247,086$680,255$556,242$1,044,069
55$1,310,558$649,856$511,144$1,063,084
56$1,378,496$615,960$462,529$1,082,819
57$1,451,293$578,333$410,214$1,103,378
58$1,529,379$536,725$354,010$1,124,882
59$1,613,226$490,876$293,721$1,147,467
60$1,703,354$440,507$229,139$1,171,288
61$1,800,330$385,326$160,049$1,196,520
62$1,904,780$325,023$86,227$1,223,365
63$2,017,389$259,271$7,437$1,252,046
64$2,138,911$187,724$0$1,282,820
65$2,270,175$110,017$0$1,322,515
66$2,412,090$25,765$0$1,366,017
67$2,565,657$0$0$1,413,076
68$2,731,975$0$0$1,493,650
69$2,912,253$0$0$1,593,654
70$3,107,820$0$0$1,702,210
71$3,320,138$0$0$1,820,137
72$3,550,815$0$0$1,948,338
73$3,801,621$0$0$2,087,806
74$4,074,500$0$0$2,239,632
75$4,371,593$0$0$2,405,020
76$4,695,258$0$0$2,585,291
77$5,048,085$0$0$2,781,900
78$5,432,929$0$0$2,996,451
79$5,852,931$0$0$3,230,706
80$6,311,546$0$0$3,486,606
81$6,812,581$0$0$3,766,289
82$7,360,226$0$0$4,072,106
83$7,959,092$0$0$4,406,650
84$8,614,258$0$0$4,772,771
85$9,331,317$0$0$5,173,611
86$10,116,425$0$0$5,612,628
87$10,976,364$0$0$6,093,631
88$11,918,600$0$0$6,620,815
89$12,951,358$0$0$7,198,798
90$14,083,695$0$0$7,832,670
91$15,325,585$0$0$8,528,034
92$16,688,018$0$0$9,291,063
93$18,183,094$0$0$10,128,556
94$19,824,144$0$0$11,048,001
95$21,625,852$0$0$12,057,650
96$23,604,392$0$0$13,166,590
97$25,777,585$0$0$14,384,831
98$28,165,057$0$0$15,723,404
99$30,788,434$0$0$17,194,458
100$33,671,537$0$0$18,811,378