Can I retire at age 46 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$66,063$65,475$64,901$64,340$63,793$62,970
2 years$32,705$32,095$31,505$30,933$30,378$29,549
3 years$21,586$20,975$20,386$19,819$19,273$18,465
4 years$16,029$15,419$14,836$14,278$13,746$12,965
5 years$12,695$12,088$11,513$10,967$10,449$9,698
6 years$10,473$9,871$9,304$8,771$8,268$7,547
7 years$8,886$8,290$7,732$7,211$6,724$6,033
8 years$7,697$7,106$6,557$6,049$5,578$4,918
9 years$6,773$6,187$5,648$5,152$4,698$4,067
10 years$6,033$5,453$4,924$4,441$4,003$3,402
11 years$5,429$4,855$4,335$3,865$3,442$2,871
12 years$4,926$4,357$3,847$3,390$2,983$2,440
13 years$4,500$3,938$3,437$2,993$2,601$2,086
14 years$4,136$3,579$3,088$2,657$2,280$1,792
15 years$3,820$3,270$2,788$2,370$2,008$1,545
16 years$3,544$3,000$2,528$2,122$1,775$1,337
17 years$3,301$2,763$2,300$1,906$1,573$1,161
18 years$3,085$2,553$2,100$1,718$1,399$1,010
19 years$2,892$2,366$1,922$1,552$1,247$880
20 years$2,719$2,199$1,764$1,406$1,114$769
21 years$2,562$2,048$1,623$1,276$997$673
22 years$2,420$1,912$1,496$1,160$893$589
23 years$2,290$1,788$1,381$1,057$802$517
24 years$2,172$1,675$1,277$964$721$453
25 years$2,063$1,572$1,183$880$649$398
26 years$1,962$1,478$1,097$805$584$350
27 years$1,869$1,391$1,019$737$527$308
28 years$1,783$1,310$947$675$475$271
29 years$1,703$1,236$881$619$429$239
30 years$1,628$1,167$821$568$388$211
31 years$1,559$1,104$765$522$351$186
32 years$1,494$1,044$714$479$317$164
33 years$1,433$989$667$441$287$144
34 years$1,375$937$623$406$260$127
35 years$1,321$889$582$373$235$112
36 years$1,271$844$545$344$213$99
37 years$1,223$801$510$317$193$88
38 years$1,177$762$478$292$175$77
39 years$1,134$724$447$269$159$68
40 years$1,094$689$419$248$144$60
41 years$1,055$656$393$229$131$53
42 years$1,019$625$369$211$119$47
43 years$984$595$346$195$108$42
44 years$951$567$325$180$98$37
45 years$919$541$305$166$89$33
46 years$889$516$287$154$81$29
47 years$860$492$269$142$73$25
48 years$833$470$253$131$66$22
49 years$806$449$238$121$60$20
50 years$781$429$224$112$55$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $800,000, adding $4,904 every year, while hoping to spend $56,424 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: 52/34/14 Blend
45$800,000$800,000$800,000$800,000
46$886,658$844,258$831,858$929,189
47$917,063$825,592$799,691$940,143
48$948,678$804,121$764,555$945,658
49$981,566$779,646$726,291$950,384
50$1,015,797$751,960$684,733$954,262
51$1,051,445$720,842$639,708$957,231
52$1,088,587$686,059$591,033$959,225
53$1,127,310$647,362$538,519$960,180
54$1,167,704$604,492$481,969$960,024
55$1,209,869$557,171$421,174$958,688
56$1,253,912$505,108$355,919$956,095
57$1,299,946$447,994$285,978$952,171
58$1,348,098$385,503$211,115$946,836
59$1,398,501$317,290$131,084$940,008
60$1,451,301$242,990$45,629$931,604
61$1,506,657$162,220$0$921,540
62$1,564,740$74,572$0$916,535
63$1,625,736$0$0$917,410
64$1,689,847$0$0$924,922
65$1,757,294$0$0$962,204
66$1,828,315$0$0$1,001,491
67$1,903,172$0$0$1,042,932
68$1,982,148$0$0$1,086,686
69$2,065,552$0$0$1,132,931
70$2,153,721$0$0$1,181,859
71$2,247,025$0$0$1,233,678
72$2,345,865$0$0$1,288,617
73$2,450,680$0$0$1,346,928
74$2,561,951$0$0$1,408,882
75$2,680,203$0$0$1,474,779
76$2,806,010$0$0$1,544,948
77$2,940,000$0$0$1,619,745
78$3,082,862$0$0$1,699,563
79$3,235,351$0$0$1,784,833
80$3,398,291$0$0$1,876,026
81$3,572,588$0$0$1,973,659
82$3,759,236$0$0$2,078,298
83$3,959,322$0$0$2,190,564
84$4,174,041$0$0$2,311,141
85$4,404,704$0$0$2,440,776
86$4,652,750$0$0$2,580,293
87$4,919,757$0$0$2,730,592
88$5,207,460$0$0$2,892,666
89$5,517,764$0$0$3,067,603
90$5,852,763$0$0$3,256,600
91$6,214,755$0$0$3,460,972
92$6,606,269$0$0$3,682,165
93$7,030,081$0$0$3,921,766
94$7,489,246$0$0$4,181,523
95$7,987,123$0$0$4,463,358
96$8,527,402$0$0$4,769,382
97$9,114,147$0$0$5,101,919
98$9,751,823$0$0$5,463,527
99$10,445,346$0$0$5,857,016
100$11,200,121$0$0$6,285,482