Can I retire at age 46 with 425,000?

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 $425,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$35,096$34,783$34,478$34,181$33,890$32,545
2 years$17,374$17,051$16,737$16,433$16,138$14,800
3 years$11,468$11,143$10,830$10,529$10,239$8,949
4 years$8,515$8,191$7,881$7,585$7,302$6,072
5 years$6,744$6,422$6,116$5,826$5,551$4,382
6 years$5,564$5,244$4,943$4,659$4,392$3,286
7 years$4,721$4,404$4,108$3,831$3,572$2,528
8 years$4,089$3,775$3,484$3,213$2,963$1,980
9 years$3,598$3,287$3,000$2,737$2,496$1,572
10 years$3,205$2,897$2,616$2,359$2,126$1,260
11 years$2,884$2,579$2,303$2,053$1,829$1,018
12 years$2,617$2,315$2,044$1,801$1,585$827
13 years$2,391$2,092$1,826$1,590$1,382$676
14 years$2,197$1,902$1,641$1,412$1,211$554
15 years$2,029$1,737$1,481$1,259$1,067$456
16 years$1,883$1,594$1,343$1,127$943$376
17 years$1,754$1,468$1,222$1,013$836$310
18 years$1,639$1,356$1,116$913$743$257
19 years$1,537$1,257$1,021$825$662$213
20 years$1,444$1,168$937$747$592$176
21 years$1,361$1,088$862$678$530$147
22 years$1,286$1,016$795$616$475$122
23 years$1,217$950$734$561$426$101
24 years$1,154$890$679$512$383$84
25 years$1,096$835$628$468$345$70
26 years$1,042$785$583$428$310$58
27 years$993$739$541$391$280$49
28 years$947$696$503$359$253$40
29 years$905$657$468$329$228$34
30 years$865$620$436$302$206$28
31 years$828$586$407$277$186$23
32 years$794$555$379$255$168$20
33 years$761$525$354$234$152$16
34 years$731$498$331$215$138$14
35 years$702$472$309$198$125$11
36 years$675$448$289$183$113$9
37 years$650$426$271$168$103$8
38 years$625$405$254$155$93$7
39 years$603$385$238$143$84$5
40 years$581$366$223$132$77$5
41 years$561$348$209$122$69$4
42 years$541$332$196$112$63$3
43 years$523$316$184$104$57$3
44 years$505$301$173$96$52$2
45 years$488$287$162$88$47$2
46 years$472$274$152$82$43$2
47 years$457$262$143$75$39$1
48 years$442$250$134$70$35$1
49 years$428$239$126$64$32$1
50 years$415$228$119$60$29$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $425,000, adding $2,721 every year, while hoping to spend $21,275 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: 67/25/8 Blend
45$425,000$425,000$425,000$425,000
46$471,157$448,632$442,044$501,842
47$496,578$447,978$434,216$521,912
48$523,880$446,580$425,413$541,034
49$553,231$444,377$415,579$561,376
50$584,816$441,308$404,658$583,052
51$618,841$437,306$392,587$606,192
52$655,530$432,300$379,306$630,937
53$695,128$426,217$364,746$657,444
54$737,906$418,976$348,840$685,886
55$784,161$410,495$331,515$716,455
56$834,221$400,685$312,696$749,364
57$888,444$389,451$292,304$784,845
58$947,225$376,694$270,257$823,159
59$1,011,000$362,310$246,468$864,590
60$1,080,244$346,186$220,847$909,455
61$1,155,485$328,204$193,301$958,104
62$1,237,299$308,241$163,732$1,010,923
63$1,326,323$286,164$132,036$1,068,337
64$1,423,256$261,835$98,107$1,130,818
65$1,528,869$235,105$61,834$1,198,888
66$1,644,007$205,819$23,100$1,273,120
67$1,769,605$173,813$0$1,354,151
68$1,906,687$138,912$0$1,444,239
69$2,056,385$100,934$0$1,544,807
70$2,219,940$59,685$0$1,654,750
71$2,398,723$14,958$0$1,775,024
72$2,594,241$0$0$1,906,686
73$2,808,154$0$0$2,060,106
74$3,042,289$0$0$2,232,559
75$3,298,658$0$0$2,421,416
76$3,579,477$0$0$2,628,311
77$3,887,187$0$0$2,855,048
78$4,224,476$0$0$3,103,608
79$4,594,303$0$0$3,376,178
80$4,999,929$0$0$3,675,165
81$5,444,944$0$0$4,003,218
82$5,933,305$0$0$4,363,259
83$6,469,366$0$0$4,758,502
84$7,057,929$0$0$5,192,491
85$7,704,278$0$0$5,669,129
86$8,414,237$0$0$6,192,714
87$9,194,223$0$0$6,767,983
88$10,051,302$0$0$7,400,154
89$10,993,259$0$0$8,094,973
90$12,028,673$0$0$8,858,774
91$13,166,994$0$0$9,698,534
92$14,418,632$0$0$10,621,938
93$15,795,058$0$0$11,637,455
94$17,308,910$0$0$12,754,416
95$18,974,112$0$0$13,983,099
96$20,806,005$0$0$15,334,832
97$22,821,491$0$0$16,822,094
98$25,039,196$0$0$18,458,634
99$27,479,638$0$0$20,259,603
100$30,165,429$0$0$22,241,694