Can I retire at age 46 with 910,000?

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 $910,000?

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$75,147$74,478$73,825$73,187$72,565$70,839
2 years$37,201$36,509$35,837$35,186$34,555$32,826
3 years$24,555$23,859$23,189$22,544$21,923$20,246
4 years$18,232$17,539$16,876$16,242$15,636$14,023
5 years$14,440$13,751$13,096$12,475$11,886$10,342
6 years$11,913$11,228$10,584$9,977$9,405$7,931
7 years$10,108$9,430$8,795$8,202$7,649$6,245
8 years$8,755$8,083$7,459$6,881$6,345$5,011
9 years$7,704$7,038$6,424$5,861$5,344$4,078
10 years$6,863$6,203$5,601$5,052$4,553$3,355
11 years$6,175$5,522$4,931$4,397$3,916$2,784
12 years$5,603$4,957$4,376$3,857$3,393$2,325
13 years$5,119$4,479$3,910$3,405$2,959$1,952
14 years$4,704$4,072$3,513$3,022$2,594$1,647
15 years$4,345$3,719$3,172$2,695$2,284$1,394
16 years$4,032$3,413$2,876$2,413$2,019$1,184
17 years$3,755$3,143$2,617$2,168$1,790$1,008
18 years$3,510$2,904$2,389$1,954$1,591$860
19 years$3,290$2,692$2,187$1,766$1,418$735
20 years$3,093$2,501$2,007$1,599$1,267$629
21 years$2,915$2,330$1,846$1,451$1,134$539
22 years$2,753$2,175$1,701$1,320$1,016$462
23 years$2,605$2,034$1,571$1,202$912$397
24 years$2,470$1,906$1,453$1,096$820$341
25 years$2,346$1,788$1,346$1,001$738$293
26 years$2,232$1,681$1,248$915$665$252
27 years$2,126$1,582$1,159$838$599$217
28 years$2,028$1,491$1,077$768$541$187
29 years$1,937$1,406$1,003$704$488$161
30 years$1,852$1,328$934$646$441$139
31 years$1,773$1,255$871$593$399$120
32 years$1,699$1,188$812$545$361$103
33 years$1,630$1,125$758$501$326$89
34 years$1,564$1,066$709$461$296$77
35 years$1,503$1,011$662$425$268$66
36 years$1,445$960$620$391$243$57
37 years$1,391$912$580$360$220$49
38 years$1,339$866$543$332$199$43
39 years$1,290$824$509$306$181$37
40 years$1,244$784$477$283$164$32
41 years$1,200$746$447$261$149$27
42 years$1,159$711$420$241$135$24
43 years$1,119$677$394$222$122$20
44 years$1,081$645$370$205$111$18
45 years$1,045$615$347$189$101$15
46 years$1,011$587$326$175$92$13
47 years$978$560$306$162$83$11
48 years$947$535$288$149$76$10
49 years$917$511$270$138$69$8
50 years$888$488$254$128$62$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $910,000, adding $5,220 every year, while hoping to spend $25,280 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: 49/21/30 Blend
45$910,000$910,000$910,000$910,000
46$1,008,204$959,974$945,869$1,048,771
47$1,084,144$980,115$950,658$1,097,969
48$1,166,981$1,000,396$954,760$1,148,498
49$1,257,394$1,020,797$958,126$1,202,918
50$1,356,128$1,041,295$960,703$1,261,611
51$1,464,003$1,061,868$962,436$1,324,996
52$1,581,921$1,082,490$963,268$1,393,538
53$1,710,879$1,103,133$963,138$1,467,749
54$1,851,969$1,123,767$961,984$1,548,194
55$2,006,397$1,144,360$959,738$1,635,496
56$2,175,492$1,164,875$956,331$1,730,343
57$2,360,714$1,185,276$951,690$1,833,493
58$2,563,673$1,205,521$945,738$1,945,783
59$2,786,142$1,225,566$938,395$2,068,135
60$3,030,074$1,245,364$929,577$2,201,567
61$3,297,619$1,264,864$919,195$2,347,202
62$3,591,145$1,284,012$907,158$2,506,278
63$3,913,263$1,302,749$893,368$2,680,161
64$4,266,844$1,321,012$877,724$2,870,359
65$4,655,055$1,338,735$860,121$3,078,533
66$5,081,383$1,355,845$840,447$3,306,515
67$5,549,669$1,372,267$818,587$3,556,327
68$6,064,145$1,387,917$794,419$3,830,199
69$6,629,472$1,402,710$767,817$4,130,589
70$7,250,787$1,416,551$738,647$4,460,209
71$7,933,746$1,429,341$706,771$4,822,049
72$8,684,583$1,440,974$672,043$5,219,407
73$9,510,167$1,451,337$634,312$5,655,920
74$10,418,062$1,460,311$593,420$6,135,597
75$11,416,605$1,467,767$549,200$6,662,859
76$12,514,980$1,473,569$501,480$7,242,584
77$13,723,306$1,477,573$450,078$7,880,148
78$15,052,734$1,479,624$394,806$8,581,478
79$16,515,547$1,479,560$335,466$9,353,112
80$18,125,282$1,477,207$271,853$10,202,255
81$19,896,851$1,472,381$203,751$11,136,855
82$21,846,689$1,464,886$130,935$12,165,671
83$23,992,901$1,454,515$53,171$13,298,364
84$26,355,439$1,441,049$0$14,545,582
85$28,956,287$1,424,253$0$15,928,610
86$31,819,667$1,403,881$0$17,469,631
87$34,972,273$1,379,671$0$19,165,961
88$38,443,515$1,351,345$0$21,033,420
89$42,265,802$1,318,609$0$23,089,442
90$46,474,845$1,281,152$0$25,353,243
91$51,109,995$1,238,645$0$27,845,997
92$56,214,614$1,190,738$0$30,591,041
93$61,836,484$1,137,063$0$33,614,093
94$68,028,255$1,077,230$0$36,943,500
95$74,847,948$1,010,824$0$40,610,496
96$82,359,494$937,410$0$44,649,508
97$90,633,346$856,527$0$49,098,477
98$99,747,136$767,685$0$53,999,212
99$109,786,411$670,369$0$59,397,795
100$120,845,443$564,035$0$65,345,007