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%12.1%
1 years$75,147$74,478$73,825$73,187$72,565$71,927
2 years$37,201$36,509$35,837$35,186$34,555$33,912
3 years$24,555$23,859$23,189$22,544$21,923$21,295
4 years$18,232$17,539$16,876$16,242$15,636$15,027
5 years$14,440$13,751$13,096$12,475$11,886$11,299
6 years$11,913$11,228$10,584$9,977$9,405$8,841
7 years$10,108$9,430$8,795$8,202$7,649$7,107
8 years$8,755$8,083$7,459$6,881$6,345$5,827
9 years$7,704$7,038$6,424$5,861$5,344$4,847
10 years$6,863$6,203$5,601$5,052$4,553$4,079
11 years$6,175$5,522$4,931$4,397$3,916$3,463
12 years$5,603$4,957$4,376$3,857$3,393$2,962
13 years$5,119$4,479$3,910$3,405$2,959$2,549
14 years$4,704$4,072$3,513$3,022$2,594$2,204
15 years$4,345$3,719$3,172$2,695$2,284$1,914
16 years$4,032$3,413$2,876$2,413$2,019$1,668
17 years$3,755$3,143$2,617$2,168$1,790$1,458
18 years$3,510$2,904$2,389$1,954$1,591$1,277
19 years$3,290$2,692$2,187$1,766$1,418$1,122
20 years$3,093$2,501$2,007$1,599$1,267$987
21 years$2,915$2,330$1,846$1,451$1,134$870
22 years$2,753$2,175$1,701$1,320$1,016$767
23 years$2,605$2,034$1,571$1,202$912$678
24 years$2,470$1,906$1,453$1,096$820$600
25 years$2,346$1,788$1,346$1,001$738$531
26 years$2,232$1,681$1,248$915$665$471
27 years$2,126$1,582$1,159$838$599$418
28 years$2,028$1,491$1,077$768$541$371
29 years$1,937$1,406$1,003$704$488$329
30 years$1,852$1,328$934$646$441$292
31 years$1,773$1,255$871$593$399$260
32 years$1,699$1,188$812$545$361$231
33 years$1,630$1,125$758$501$326$206
34 years$1,564$1,066$709$461$296$183
35 years$1,503$1,011$662$425$268$163
36 years$1,445$960$620$391$243$145
37 years$1,391$912$580$360$220$129
38 years$1,339$866$543$332$199$115
39 years$1,290$824$509$306$181$102
40 years$1,244$784$477$283$164$91
41 years$1,200$746$447$261$149$81
42 years$1,159$711$420$241$135$72
43 years$1,119$677$394$222$122$65
44 years$1,081$645$370$205$111$58
45 years$1,045$615$347$189$101$51
46 years$1,011$587$326$175$92$46
47 years$978$560$306$162$83$41
48 years$947$535$288$149$76$36
49 years$917$511$270$138$69$32
50 years$888$488$254$128$62$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $910,000, adding $5,675 every year, while hoping to spend $26,897 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: 79/8/13 Blend
45$910,000$910,000$910,000$910,000
46$1,008,674$960,444$946,339$1,085,357
47$1,082,940$978,887$949,423$1,155,037
48$1,163,881$997,333$951,709$1,227,437
49$1,252,147$1,015,753$953,142$1,306,101
50$1,348,457$1,034,116$953,663$1,391,643
51$1,453,602$1,052,390$953,213$1,484,741
52$1,568,450$1,070,538$951,727$1,586,140
53$1,693,961$1,088,523$949,138$1,696,662
54$1,831,188$1,106,304$945,377$1,817,212
55$1,981,292$1,123,835$940,370$1,948,788
56$2,145,551$1,141,071$934,040$2,092,487
57$2,325,373$1,157,959$926,306$2,249,521
58$2,522,308$1,174,446$917,084$2,421,222
59$2,738,061$1,190,472$906,285$2,609,059
60$2,974,514$1,205,976$893,816$2,814,652
61$3,233,736$1,220,890$879,580$3,039,785
62$3,518,007$1,235,143$863,476$3,286,421
63$3,829,838$1,248,660$845,397$3,556,728
64$4,171,995$1,261,358$825,231$3,853,091
65$4,547,525$1,273,150$802,863$4,178,140
66$4,959,784$1,283,946$778,170$4,534,772
67$5,412,467$1,293,645$751,024$4,926,181
68$5,909,649$1,302,143$721,293$5,355,884
69$6,455,813$1,309,329$688,837$5,827,761
70$7,055,903$1,315,083$653,510$6,346,082
71$7,715,363$1,319,279$615,160$6,915,557
72$8,440,190$1,321,784$573,628$7,541,376
73$9,236,991$1,322,453$528,747$8,229,255
74$10,113,048$1,321,137$480,343$8,985,498
75$11,076,379$1,317,673$428,235$9,817,049
76$12,135,822$1,311,891$372,233$10,731,560
77$13,301,112$1,303,610$312,139$11,737,467
78$14,582,976$1,292,638$247,746$12,844,063
79$15,993,233$1,278,770$178,839$14,061,591
80$17,544,903$1,261,791$105,190$15,401,341
81$19,252,336$1,241,470$26,567$16,875,751
82$21,131,338$1,217,567$0$18,498,532
83$23,199,330$1,189,823$0$20,292,746
84$25,475,504$1,157,966$0$22,271,539
85$27,981,008$1,121,709$0$24,449,608
86$30,739,143$1,080,745$0$26,847,215
87$33,775,587$1,034,753$0$29,486,684
88$37,118,630$983,390$0$32,392,619
89$40,799,450$926,295$0$35,592,129
90$44,852,396$863,086$0$39,115,088
91$49,315,322$793,359$0$42,994,415
92$54,229,939$716,687$0$47,266,387
93$59,642,206$632,618$0$51,970,978
94$65,602,770$540,675$0$57,152,239
95$72,167,439$440,355$0$62,858,714
96$79,397,710$331,124$0$69,143,894
97$87,361,348$212,421$0$76,066,729
98$96,133,026$83,651$0$83,692,177
99$105,795,032$0$0$92,091,823
100$116,438,040$0$0$101,349,464