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%12.6%
1 years$64,412$63,838$63,278$62,732$62,198$61,523
2 years$31,887$31,293$30,718$30,160$29,618$28,938
3 years$21,047$20,450$19,876$19,323$18,791$18,128
4 years$15,628$15,033$14,465$13,921$13,402$12,760
5 years$12,377$11,786$11,225$10,693$10,188$9,570
6 years$10,211$9,624$9,072$8,551$8,061$7,467
7 years$8,664$8,082$7,539$7,031$6,556$5,986
8 years$7,505$6,928$6,393$5,898$5,439$4,894
9 years$6,603$6,032$5,507$5,024$4,580$4,059
10 years$5,882$5,317$4,801$4,330$3,903$3,405
11 years$5,293$4,734$4,227$3,769$3,356$2,883
12 years$4,803$4,249$3,751$3,306$2,909$2,458
13 years$4,388$3,839$3,351$2,918$2,536$2,108
14 years$4,032$3,490$3,011$2,591$2,223$1,817
15 years$3,725$3,188$2,719$2,310$1,958$1,572
16 years$3,456$2,925$2,465$2,069$1,730$1,365
17 years$3,219$2,694$2,243$1,859$1,534$1,189
18 years$3,008$2,489$2,047$1,675$1,364$1,038
19 years$2,820$2,307$1,874$1,514$1,216$908
20 years$2,651$2,144$1,720$1,371$1,086$796
21 years$2,498$1,997$1,582$1,244$972$699
22 years$2,359$1,864$1,458$1,131$871$615
23 years$2,233$1,743$1,346$1,030$782$541
24 years$2,117$1,633$1,245$940$703$477
25 years$2,011$1,533$1,153$858$632$421
26 years$1,913$1,441$1,070$785$570$371
27 years$1,822$1,356$993$718$514$328
28 years$1,738$1,278$923$658$463$290
29 years$1,660$1,205$859$603$418$256
30 years$1,588$1,138$800$554$378$227
31 years$1,520$1,076$746$509$342$201
32 years$1,456$1,018$696$467$309$178
33 years$1,397$964$650$430$280$158
34 years$1,341$914$607$395$253$140
35 years$1,288$867$568$364$229$124
36 years$1,239$823$531$335$208$110
37 years$1,192$781$497$309$188$97
38 years$1,148$743$466$285$171$86
39 years$1,106$706$436$263$155$77
40 years$1,066$672$409$242$141$68
41 years$1,029$639$383$223$127$60
42 years$993$609$360$206$116$53
43 years$959$580$337$190$105$47
44 years$927$553$317$176$95$42
45 years$896$527$297$162$87$37
46 years$867$503$279$150$79$33
47 years$839$480$262$139$71$29
48 years$812$458$247$128$65$26
49 years$786$438$232$118$59$23
50 years$762$418$218$109$53$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $780,000, adding $5,444 every year, while hoping to spend $49,123 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: 58/18/24 Blend
45$780,000$780,000$780,000$780,000
46$865,175$823,835$811,745$909,461
47$901,157$811,937$786,672$928,393
48$939,162$797,809$759,113$943,306
49$979,345$781,290$728,932$958,514
50$1,021,876$762,211$695,989$974,056
51$1,066,937$740,389$660,134$989,982
52$1,114,731$715,635$621,215$1,006,344
53$1,165,478$687,745$579,070$1,023,205
54$1,219,417$656,505$533,529$1,040,637
55$1,276,812$621,688$484,417$1,058,722
56$1,337,952$583,056$431,550$1,077,553
57$1,403,152$540,355$374,736$1,097,236
58$1,472,757$493,315$313,773$1,117,892
59$1,547,146$441,656$248,452$1,139,658
60$1,626,734$385,076$178,554$1,162,688
61$1,711,976$323,259$103,851$1,187,157
62$1,803,371$255,873$24,103$1,213,262
63$1,901,466$182,562$0$1,241,224
64$2,006,863$102,955$0$1,286,914
65$2,120,222$16,658$0$1,342,594
66$2,242,265$0$0$1,402,468
67$2,373,789$0$0$1,482,162
68$2,515,668$0$0$1,571,740
69$2,668,860$0$0$1,668,515
70$2,834,420$0$0$1,773,159
71$3,013,507$0$0$1,886,412
72$3,207,396$0$0$2,009,088
73$3,417,486$0$0$2,142,079
74$3,645,318$0$0$2,286,370
75$3,892,585$0$0$2,443,040
76$4,161,151$0$0$2,613,281
77$4,453,062$0$0$2,798,399
78$4,770,574$0$0$2,999,833
79$5,116,166$0$0$3,219,168
80$5,492,567$0$0$3,458,146
81$5,902,779$0$0$3,718,684
82$6,350,107$0$0$4,002,892
83$6,838,188$0$0$4,313,095
84$7,371,024$0$0$4,651,848
85$7,953,023$0$0$5,021,967
86$8,589,036$0$0$5,426,550
87$9,284,403$0$0$5,869,010
88$10,045,005$0$0$6,353,102
89$10,877,317$0$0$6,882,964
90$11,788,468$0$0$7,463,150
91$12,786,309$0$0$8,098,675
92$13,879,485$0$0$8,795,064
93$15,077,517$0$0$9,558,400
94$16,390,893$0$0$10,395,383
95$17,831,159$0$0$11,313,392
96$19,411,038$0$0$12,320,554
97$21,144,539$0$0$13,425,823
98$23,047,094$0$0$14,639,060
99$25,135,703$0$0$15,971,126
100$27,429,091$0$0$17,433,988