Can I retire at age 46 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$66,889$66,293$65,712$65,145$64,591$62,373
2 years$33,113$32,497$31,899$31,319$30,757$28,546
3 years$21,856$21,237$20,641$20,067$19,514$17,378
4 years$16,229$15,611$15,021$14,457$13,917$11,873
5 years$12,853$12,240$11,657$11,104$10,580$8,633
6 years$10,604$9,994$9,421$8,880$8,371$6,523
7 years$8,997$8,393$7,829$7,301$6,808$5,058
8 years$7,793$7,195$6,639$6,125$5,648$3,995
9 years$6,857$6,264$5,718$5,217$4,756$3,199
10 years$6,109$5,522$4,985$4,497$4,053$2,587
11 years$5,497$4,916$4,389$3,914$3,486$2,110
12 years$4,987$4,412$3,895$3,433$3,020$1,731
13 years$4,556$3,987$3,480$3,031$2,634$1,427
14 years$4,187$3,624$3,127$2,690$2,309$1,182
15 years$3,868$3,311$2,823$2,399$2,033$981
16 years$3,589$3,038$2,560$2,148$1,797$817
17 years$3,342$2,797$2,329$1,930$1,593$682
18 years$3,124$2,585$2,126$1,739$1,416$570
19 years$2,929$2,396$1,946$1,572$1,263$478
20 years$2,753$2,226$1,786$1,424$1,128$401
21 years$2,594$2,074$1,643$1,292$1,009$336
22 years$2,450$1,936$1,514$1,175$905$282
23 years$2,319$1,810$1,398$1,070$812$237
24 years$2,199$1,696$1,293$976$730$200
25 years$2,088$1,592$1,198$891$657$168
26 years$1,987$1,496$1,111$815$592$142
27 years$1,892$1,408$1,031$746$533$119
28 years$1,805$1,327$959$683$481$100
29 years$1,724$1,252$892$627$435$85
30 years$1,649$1,182$831$575$393$71
31 years$1,578$1,117$775$528$355$60
32 years$1,512$1,057$723$485$321$51
33 years$1,451$1,001$675$446$291$43
34 years$1,393$949$631$411$263$36
35 years$1,338$900$590$378$238$30
36 years$1,286$854$552$348$216$26
37 years$1,238$811$516$321$196$22
38 years$1,192$771$484$296$177$18
39 years$1,149$733$453$273$161$15
40 years$1,107$698$425$251$146$13
41 years$1,068$664$398$232$132$11
42 years$1,031$632$373$214$120$9
43 years$996$603$350$198$109$8
44 years$962$574$329$183$99$7
45 years$930$548$309$169$90$6
46 years$900$523$290$156$82$5
47 years$871$499$273$144$74$4
48 years$843$476$256$133$67$3
49 years$816$455$241$123$61$3
50 years$791$434$226$114$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $810,000, adding $6,042 every year, while hoping to spend $30,283 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: 73/18/9 Blend
45$810,000$810,000$810,000$810,000
46$898,852$855,922$843,367$962,614
47$958,314$865,642$839,399$1,015,233
48$1,022,827$874,822$834,283$1,068,476
49$1,092,872$883,406$827,949$1,125,947
50$1,168,982$891,330$820,323$1,188,054
51$1,251,742$898,529$811,327$1,255,250
52$1,341,794$904,931$800,881$1,328,030
53$1,439,846$910,462$788,899$1,406,941
54$1,546,677$915,041$775,294$1,492,587
55$1,663,144$918,584$759,972$1,585,632
56$1,790,190$920,999$742,836$1,686,810
57$1,928,852$922,191$723,784$1,796,927
58$2,080,274$922,057$702,710$1,916,874
59$2,245,713$920,490$679,502$2,047,631
60$2,426,555$917,372$654,044$2,190,282
61$2,624,323$912,584$626,215$2,346,017
62$2,840,697$905,993$595,886$2,516,151
63$3,077,526$897,464$562,925$2,702,133
64$3,336,843$886,850$527,193$2,905,559
65$3,620,891$873,995$488,544$3,128,191
66$3,932,139$858,738$446,827$3,371,969
67$4,273,304$840,903$401,882$3,639,032
68$4,647,380$820,307$353,545$3,931,740
69$5,057,666$796,754$301,642$4,252,691
70$5,507,793$770,040$245,992$4,604,753
71$6,001,761$739,946$186,406$4,991,085
72$6,543,978$706,240$122,688$5,415,170
73$7,139,297$668,679$54,631$5,880,848
74$7,793,065$627,004$0$6,392,351
75$8,511,173$580,943$0$6,956,075
76$9,300,109$530,205$0$7,581,146
77$10,167,021$474,487$0$8,268,005
78$11,119,785$413,465$0$9,022,926
79$12,167,077$346,798$0$9,852,825
80$13,318,454$274,126$0$10,765,321
81$14,584,447$195,069$0$11,768,815
82$15,976,658$109,225$0$12,872,565
83$17,507,869$16,169$0$14,086,772
84$19,192,164$0$0$15,422,682
85$21,045,059$0$0$16,909,434
86$23,083,652$0$0$18,548,756
87$25,326,779$0$0$20,352,596
88$27,795,195$0$0$22,337,653
89$30,511,771$0$0$24,522,321
90$33,501,703$0$0$26,926,872
91$36,792,757$0$0$29,573,640
92$40,415,525$0$0$32,487,235
93$44,403,718$0$0$35,694,776
94$48,794,480$0$0$39,226,141
95$53,628,739$0$0$43,114,257
96$58,951,595$0$0$47,395,402
97$64,812,744$0$0$52,109,555
98$71,266,944$0$0$57,300,765
99$78,374,536$0$0$63,017,573
100$86,202,012$0$0$69,313,469