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%15.4%
1 years$52,025$51,561$51,109$50,668$50,237$49,122
2 years$25,755$25,275$24,810$24,360$23,922$22,805
3 years$16,999$16,518$16,054$15,607$15,177$14,092
4 years$12,622$12,142$11,683$11,244$10,825$9,780
5 years$9,997$9,520$9,067$8,637$8,229$7,228
6 years$8,247$7,773$7,327$6,907$6,511$5,555
7 years$6,998$6,528$6,089$5,678$5,295$4,384
8 years$6,061$5,596$5,164$4,764$4,393$3,526
9 years$5,333$4,872$4,448$4,057$3,699$2,877
10 years$4,751$4,295$3,878$3,498$3,152$2,373
11 years$4,275$3,823$3,414$3,044$2,711$1,973
12 years$3,879$3,432$3,030$2,670$2,349$1,652
13 years$3,544$3,101$2,707$2,357$2,049$1,391
14 years$3,257$2,819$2,432$2,092$1,796$1,177
15 years$3,008$2,575$2,196$1,866$1,581$999
16 years$2,791$2,363$1,991$1,671$1,397$851
17 years$2,600$2,176$1,812$1,501$1,239$726
18 years$2,430$2,011$1,654$1,353$1,102$621
19 years$2,278$1,863$1,514$1,222$982$533
20 years$2,141$1,732$1,389$1,107$877$457
21 years$2,018$1,613$1,278$1,005$785$393
22 years$1,906$1,506$1,178$914$704$338
23 years$1,804$1,408$1,088$832$632$291
24 years$1,710$1,319$1,006$759$568$251
25 years$1,624$1,238$932$693$511$217
26 years$1,545$1,164$864$634$460$187
27 years$1,472$1,095$802$580$415$162
28 years$1,404$1,032$746$531$374$140
29 years$1,341$973$694$487$338$121
30 years$1,282$919$646$447$305$104
31 years$1,228$869$603$411$276$90
32 years$1,176$822$562$378$250$78
33 years$1,128$779$525$347$226$68
34 years$1,083$738$491$319$205$58
35 years$1,041$700$459$294$185$51
36 years$1,001$664$429$271$168$44
37 years$963$631$402$250$152$38
38 years$927$600$376$230$138$33
39 years$893$570$352$212$125$28
40 years$861$543$330$196$114$25
41 years$831$517$310$180$103$21
42 years$802$492$290$167$93$19
43 years$775$469$273$154$85$16
44 years$749$447$256$142$77$14
45 years$724$426$240$131$70$12
46 years$700$406$226$121$63$10
47 years$677$388$212$112$58$9
48 years$656$370$199$103$52$8
49 years$635$354$187$96$48$7
50 years$615$338$176$88$43$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $630,000, adding $6,089 every year, while hoping to spend $42,144 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: 66/8/26 Blend
45$630,000$630,000$630,000$630,000
46$700,541$667,151$657,386$741,649
47$727,155$655,000$634,567$757,942
48$755,072$640,842$609,572$770,454
49$784,378$624,533$582,282$783,184
50$815,172$605,922$552,575$796,157
51$847,556$584,848$520,323$809,399
52$881,644$561,143$485,392$822,945
53$917,560$534,628$447,640$836,829
54$955,438$505,111$406,923$851,096
55$995,424$472,393$363,087$865,795
56$1,037,679$436,262$315,972$880,980
57$1,082,376$396,493$265,411$896,715
58$1,129,707$352,849$211,230$913,072
59$1,179,878$305,080$153,248$930,132
60$1,233,118$252,921$91,274$947,988
61$1,289,674$196,092$25,109$966,743
62$1,349,818$134,299$0$986,515
63$1,413,848$67,228$0$1,020,059
64$1,482,089$0$0$1,063,155
65$1,554,897$0$0$1,109,540
66$1,632,664$0$0$1,165,427
67$1,715,816$0$0$1,225,212
68$1,804,824$0$0$1,289,232
69$1,900,200$0$0$1,357,863
70$2,002,511$0$0$1,431,514
71$2,112,375$0$0$1,510,634
72$2,230,472$0$0$1,595,717
73$2,357,548$0$0$1,687,306
74$2,494,422$0$0$1,785,994
75$2,641,993$0$0$1,892,436
76$2,801,251$0$0$2,007,350
77$2,973,281$0$0$2,131,524
78$3,159,277$0$0$2,265,826
79$3,360,550$0$0$2,411,208
80$3,578,542$0$0$2,568,719
81$3,814,838$0$0$2,739,510
82$4,071,183$0$0$2,924,849
83$4,349,492$0$0$3,126,128
84$4,651,874$0$0$3,344,881
85$4,980,650$0$0$3,582,793
86$5,338,371$0$0$3,841,719
87$5,727,845$0$0$4,123,700
88$6,152,162$0$0$4,430,982
89$6,614,721$0$0$4,766,037
90$7,119,265$0$0$5,131,585
91$7,669,913$0$0$5,530,621
92$8,271,198$0$0$5,966,440
93$8,928,111$0$0$6,442,671
94$9,646,146$0$0$6,963,308
95$10,431,353$0$0$7,532,750
96$11,290,392$0$0$8,155,840
97$12,230,597$0$0$8,837,909
98$13,260,044$0$0$9,584,830
99$14,387,624$0$0$10,403,069
100$15,623,132$0$0$11,299,747