Can I retire at age 46 with 630,000?

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 $630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$52,025$51,561$51,109$50,668$50,237$50,004
2 years$25,755$25,275$24,810$24,360$23,922$23,688
3 years$16,999$16,518$16,054$15,607$15,177$14,948
4 years$12,622$12,142$11,683$11,244$10,825$10,602
5 years$9,997$9,520$9,067$8,637$8,229$8,013
6 years$8,247$7,773$7,327$6,907$6,511$6,303
7 years$6,998$6,528$6,089$5,678$5,295$5,096
8 years$6,061$5,596$5,164$4,764$4,393$4,201
9 years$5,333$4,872$4,448$4,057$3,699$3,516
10 years$4,751$4,295$3,878$3,498$3,152$2,976
11 years$4,275$3,823$3,414$3,044$2,711$2,542
12 years$3,879$3,432$3,030$2,670$2,349$2,188
13 years$3,544$3,101$2,707$2,357$2,049$1,895
14 years$3,257$2,819$2,432$2,092$1,796$1,649
15 years$3,008$2,575$2,196$1,866$1,581$1,442
16 years$2,791$2,363$1,991$1,671$1,397$1,265
17 years$2,600$2,176$1,812$1,501$1,239$1,113
18 years$2,430$2,011$1,654$1,353$1,102$982
19 years$2,278$1,863$1,514$1,222$982$869
20 years$2,141$1,732$1,389$1,107$877$770
21 years$2,018$1,613$1,278$1,005$785$684
22 years$1,906$1,506$1,178$914$704$608
23 years$1,804$1,408$1,088$832$632$541
24 years$1,710$1,319$1,006$759$568$482
25 years$1,624$1,238$932$693$511$430
26 years$1,545$1,164$864$634$460$384
27 years$1,472$1,095$802$580$415$344
28 years$1,404$1,032$746$531$374$307
29 years$1,341$973$694$487$338$275
30 years$1,282$919$646$447$305$246
31 years$1,228$869$603$411$276$221
32 years$1,176$822$562$378$250$198
33 years$1,128$779$525$347$226$178
34 years$1,083$738$491$319$205$159
35 years$1,041$700$459$294$185$143
36 years$1,001$664$429$271$168$128
37 years$963$631$402$250$152$115
38 years$927$600$376$230$138$104
39 years$893$570$352$212$125$93
40 years$861$543$330$196$114$84
41 years$831$517$310$180$103$75
42 years$802$492$290$167$93$68
43 years$775$469$273$154$85$61
44 years$749$447$256$142$77$55
45 years$724$426$240$131$70$49
46 years$700$406$226$121$63$44
47 years$677$388$212$112$58$40
48 years$656$370$199$103$52$36
49 years$635$354$187$96$48$32
50 years$615$338$176$88$43$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $630,000, adding $3,163 every year, while hoping to spend $34,653 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: 68/8/24 Blend
45$630,000$630,000$630,000$630,000
46$697,523$664,133$654,368$740,474
47$731,799$659,805$639,418$765,352
48$768,411$654,103$622,807$788,283
49$807,559$646,924$604,441$812,558
50$849,464$638,158$584,224$838,310
51$894,369$627,687$562,055$865,687
52$942,540$615,389$537,829$894,849
53$994,267$601,131$511,435$925,979
54$1,049,872$584,776$482,758$959,275
55$1,109,706$566,177$451,676$994,959
56$1,174,154$545,178$418,066$1,033,276
57$1,243,640$521,614$381,794$1,074,497
58$1,318,631$495,312$342,723$1,118,922
59$1,399,636$466,088$300,709$1,166,884
60$1,487,220$433,747$255,603$1,218,750
61$1,581,998$398,082$207,248$1,274,928
62$1,684,651$358,878$155,480$1,335,867
63$1,795,926$315,902$100,129$1,402,066
64$1,916,642$268,914$41,015$1,474,076
65$2,047,704$217,655$0$1,552,505
66$2,190,105$161,855$0$1,643,679
67$2,344,936$101,227$0$1,754,266
68$2,513,401$35,468$0$1,874,629
69$2,696,822$0$0$2,005,730
70$2,896,654$0$0$2,151,778
71$3,114,499$0$0$2,314,428
72$3,352,119$0$0$2,491,878
73$3,611,454$0$0$2,685,581
74$3,894,640$0$0$2,897,137
75$4,204,028$0$0$3,128,308
76$4,542,206$0$0$3,381,031
77$4,912,023$0$0$3,657,441
78$5,316,616$0$0$3,959,889
79$5,759,440$0$0$4,290,963
80$6,244,299$0$0$4,653,511
81$6,775,382$0$0$5,050,673
82$7,357,301$0$0$5,485,905
83$7,995,137$0$0$5,963,011
84$8,694,485$0$0$6,486,186
85$9,461,508$0$0$7,060,045
86$10,302,993$0$0$7,689,674
87$11,226,416$0$0$8,380,675
88$12,240,013$0$0$9,139,217
89$13,352,854$0$0$9,972,098
90$14,574,933$0$0$10,886,804
91$15,917,256$0$0$11,891,583
92$17,391,951$0$0$12,995,521
93$19,012,375$0$0$14,208,626
94$20,793,245$0$0$15,541,927
95$22,750,775$0$0$17,007,571
96$24,902,826$0$0$18,618,942
97$27,269,078$0$0$20,390,786
98$29,871,211$0$0$22,339,348
99$32,733,114$0$0$24,482,528
100$35,881,105$0$0$26,840,046