Can I retire at age 46 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$70,192$69,567$68,957$68,362$67,780$66,169
2 years$34,749$34,101$33,474$32,866$32,276$30,662
3 years$22,936$22,286$21,660$21,058$20,477$18,911
4 years$17,030$16,382$15,763$15,171$14,605$13,098
5 years$13,488$12,844$12,233$11,653$11,102$9,660
6 years$11,127$10,488$9,886$9,319$8,785$7,408
7 years$9,442$8,808$8,215$7,661$7,144$5,833
8 years$8,178$7,550$6,967$6,427$5,927$4,681
9 years$7,196$6,574$6,001$5,474$4,991$3,810
10 years$6,410$5,794$5,232$4,719$4,253$3,134
11 years$5,768$5,158$4,606$4,107$3,658$2,600
12 years$5,234$4,630$4,088$3,602$3,170$2,172
13 years$4,781$4,184$3,652$3,180$2,764$1,824
14 years$4,394$3,803$3,281$2,823$2,423$1,538
15 years$4,059$3,474$2,963$2,518$2,133$1,302
16 years$3,766$3,188$2,686$2,254$1,885$1,106
17 years$3,507$2,936$2,444$2,026$1,672$941
18 years$3,278$2,713$2,231$1,825$1,486$803
19 years$3,073$2,514$2,043$1,649$1,325$686
20 years$2,889$2,336$1,875$1,494$1,183$587
21 years$2,722$2,176$1,724$1,356$1,059$503
22 years$2,571$2,031$1,589$1,233$949$432
23 years$2,433$1,900$1,467$1,123$852$371
24 years$2,307$1,780$1,357$1,024$766$319
25 years$2,191$1,670$1,257$935$689$274
26 years$2,085$1,570$1,166$855$621$236
27 years$1,986$1,478$1,082$783$560$203
28 years$1,894$1,392$1,006$717$505$175
29 years$1,809$1,313$936$658$456$151
30 years$1,730$1,240$872$603$412$130
31 years$1,656$1,173$813$554$373$112
32 years$1,587$1,109$759$509$337$97
33 years$1,522$1,051$708$468$305$83
34 years$1,461$996$662$431$276$72
35 years$1,404$945$619$397$250$62
36 years$1,350$897$579$365$227$53
37 years$1,299$851$542$337$205$46
38 years$1,251$809$507$310$186$40
39 years$1,205$769$475$286$169$34
40 years$1,162$732$446$264$153$30
41 years$1,121$697$418$243$139$26
42 years$1,082$664$392$225$126$22
43 years$1,045$632$368$207$114$19
44 years$1,010$603$345$192$104$16
45 years$976$575$324$177$94$14
46 years$944$548$304$163$86$12
47 years$914$523$286$151$78$11
48 years$885$500$269$139$71$9
49 years$857$477$253$129$64$8
50 years$830$456$238$119$58$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $850,000, adding $5,362 every year, while hoping to spend $39,141 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: 52/26/22 Blend
45$850,000$850,000$850,000$850,000
46$942,231$897,181$884,006$985,225
47$996,693$899,497$871,974$1,017,781
48$1,055,398$900,615$858,228$1,048,697
49$1,118,738$900,434$842,668$1,081,505
50$1,187,142$898,849$825,191$1,116,399
51$1,261,085$895,746$805,688$1,153,596
52$1,341,084$891,007$784,048$1,193,334
53$1,427,711$884,503$760,150$1,235,880
54$1,521,594$876,100$733,871$1,281,527
55$1,623,424$865,655$705,083$1,330,605
56$1,733,958$853,018$673,649$1,383,474
57$1,854,033$838,027$639,427$1,440,539
58$1,984,567$820,513$602,270$1,502,246
59$2,126,570$800,295$562,023$1,569,089
60$2,281,154$777,183$518,525$1,641,618
61$2,449,542$750,976$471,606$1,720,439
62$2,633,081$721,459$421,090$1,806,226
63$2,833,252$688,407$366,793$1,899,724
64$3,051,685$651,581$308,523$2,001,760
65$3,290,176$610,728$246,078$2,113,247
66$3,550,701$565,580$179,248$2,235,197
67$3,835,434$515,855$107,814$2,368,730
68$4,146,771$461,255$31,549$2,515,085
69$4,487,348$401,462$0$2,675,632
70$4,860,069$336,145$0$2,863,587
71$5,268,130$264,950$0$3,077,592
72$5,715,051$187,505$0$3,312,147
73$6,204,711$103,417$0$3,569,368
74$6,741,377$12,270$0$3,851,587
75$7,329,752$0$0$4,161,378
76$7,975,015$0$0$4,526,294
77$8,682,871$0$0$4,930,547
78$9,459,602$0$0$5,374,225
79$10,312,128$0$0$5,861,291
80$11,248,072$0$0$6,396,114
81$12,275,833$0$0$6,983,503
82$13,404,659$0$0$7,628,758
83$14,644,741$0$0$8,337,716
84$16,007,306$0$0$9,116,809
85$17,504,718$0$0$9,973,122
86$19,150,605$0$0$10,914,461
87$20,959,974$0$0$11,949,424
88$22,949,363$0$0$13,087,487
89$25,136,991$0$0$14,339,088
90$27,542,931$0$0$15,715,728
91$30,189,300$0$0$17,230,077
92$33,100,462$0$0$18,896,097
93$36,303,267$0$0$20,729,171
94$39,827,295$0$0$22,746,247
95$43,705,137$0$0$24,966,000
96$47,972,707$0$0$27,409,006
97$52,669,573$0$0$30,097,938
98$57,839,334$0$0$33,057,777
99$63,530,030$0$0$36,316,050
100$69,794,597$0$0$39,903,088