Can I retire at age 46 with 400,000?

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 $400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$33,032$32,737$32,450$32,170$31,897$31,000
2 years$16,352$16,048$15,753$15,466$15,189$14,292
3 years$10,793$10,487$10,193$9,909$9,636$8,768
4 years$8,014$7,709$7,418$7,139$6,873$6,039
5 years$6,347$6,044$5,757$5,484$5,225$4,428
6 years$5,236$4,936$4,652$4,385$4,134$3,376
7 years$4,443$4,145$3,866$3,605$3,362$2,641
8 years$3,849$3,553$3,279$3,024$2,789$2,106
9 years$3,386$3,093$2,824$2,576$2,349$1,703
10 years$3,017$2,727$2,462$2,221$2,001$1,391
11 years$2,714$2,427$2,167$1,933$1,721$1,146
12 years$2,463$2,179$1,924$1,695$1,492$950
13 years$2,250$1,969$1,719$1,497$1,301$792
14 years$2,068$1,790$1,544$1,329$1,140$663
15 years$1,910$1,635$1,394$1,185$1,004$557
16 years$1,772$1,500$1,264$1,061$887$469
17 years$1,651$1,381$1,150$953$787$396
18 years$1,543$1,277$1,050$859$699$335
19 years$1,446$1,183$961$776$623$284
20 years$1,359$1,099$882$703$557$241
21 years$1,281$1,024$811$638$498$205
22 years$1,210$956$748$580$447$174
23 years$1,145$894$690$528$401$148
24 years$1,086$838$639$482$360$126
25 years$1,031$786$591$440$324$108
26 years$981$739$549$402$292$92
27 years$935$695$509$368$263$78
28 years$892$655$474$337$238$67
29 years$852$618$441$309$215$57
30 years$814$584$410$284$194$49
31 years$779$552$383$261$175$42
32 years$747$522$357$240$159$36
33 years$716$494$333$220$144$30
34 years$688$469$311$203$130$26
35 years$661$444$291$187$118$22
36 years$635$422$272$172$107$19
37 years$611$401$255$158$97$16
38 years$589$381$239$146$88$14
39 years$567$362$224$135$79$12
40 years$547$345$210$124$72$10
41 years$528$328$197$115$65$9
42 years$509$312$184$106$59$7
43 years$492$298$173$98$54$6
44 years$475$284$162$90$49$5
45 years$459$270$153$83$44$5
46 years$444$258$143$77$40$4
47 years$430$246$135$71$37$3
48 years$416$235$126$66$33$3
49 years$403$224$119$61$30$2
50 years$391$214$112$56$27$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $400,000, adding $4,553 every year, while hoping to spend $25,083 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: 55/20/25 Blend
45$400,000$400,000$400,000$400,000
46$445,496$424,296$418,096$466,710
47$464,249$418,399$405,415$475,893
48$484,074$411,372$391,467$482,893
49$505,053$403,133$376,185$489,996
50$527,278$393,596$359,497$497,220
51$550,847$382,669$341,327$504,587
52$575,869$370,255$321,597$512,121
53$602,461$356,251$300,224$519,851
54$630,753$340,548$277,122$527,811
55$660,886$323,032$252,202$536,038
56$693,016$303,579$225,370$544,578
57$727,311$282,062$196,528$553,481
58$763,958$258,344$165,573$562,804
59$803,161$232,282$132,398$572,613
60$845,142$203,723$96,892$582,983
61$890,147$172,506$58,939$593,999
62$938,446$138,462$18,417$605,756
63$990,332$101,412$0$618,364
64$1,046,129$61,164$0$638,567
65$1,106,194$17,521$0$665,553
66$1,170,916$0$0$694,598
67$1,240,724$0$0$732,455
68$1,316,089$0$0$777,519
69$1,397,530$0$0$826,244
70$1,485,613$0$0$878,977
71$1,580,966$0$0$936,094
72$1,684,275$0$0$998,013
73$1,796,297$0$0$1,065,190
74$1,917,861$0$0$1,138,129
75$2,049,883$0$0$1,217,382
76$2,193,368$0$0$1,303,559
77$2,349,422$0$0$1,397,329
78$2,519,262$0$0$1,499,430
79$2,704,226$0$0$1,610,671
80$2,905,789$0$0$1,731,944
81$3,125,572$0$0$1,864,233
82$3,365,359$0$0$2,008,618
83$3,627,116$0$0$2,166,288
84$3,913,005$0$0$2,338,554
85$4,225,405$0$0$2,526,857
86$4,566,939$0$0$2,732,784
87$4,940,491$0$0$2,958,084
88$5,349,239$0$0$3,204,681
89$5,796,680$0$0$3,474,695
90$6,286,668$0$0$3,770,458
91$6,823,445$0$0$4,094,542
92$7,411,683$0$0$4,449,777
93$8,056,526$0$0$4,839,279
94$8,763,642$0$0$5,266,483
95$9,539,273$0$0$5,735,170
96$10,390,293$0$0$6,249,506
97$11,324,274$0$0$6,814,078
98$12,349,557$0$0$7,433,942
99$13,475,332$0$0$8,114,663
100$14,711,718$0$0$8,862,375