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%15.6%
1 years$52,025$51,561$51,109$50,668$50,237$49,082
2 years$25,755$25,275$24,810$24,360$23,922$22,766
3 years$16,999$16,518$16,054$15,607$15,177$14,054
4 years$12,622$12,142$11,683$11,244$10,825$9,744
5 years$9,997$9,520$9,067$8,637$8,229$7,194
6 years$8,247$7,773$7,327$6,907$6,511$5,523
7 years$6,998$6,528$6,089$5,678$5,295$4,354
8 years$6,061$5,596$5,164$4,764$4,393$3,498
9 years$5,333$4,872$4,448$4,057$3,699$2,850
10 years$4,751$4,295$3,878$3,498$3,152$2,348
11 years$4,275$3,823$3,414$3,044$2,711$1,950
12 years$3,879$3,432$3,030$2,670$2,349$1,631
13 years$3,544$3,101$2,707$2,357$2,049$1,371
14 years$3,257$2,819$2,432$2,092$1,796$1,158
15 years$3,008$2,575$2,196$1,866$1,581$982
16 years$2,791$2,363$1,991$1,671$1,397$835
17 years$2,600$2,176$1,812$1,501$1,239$712
18 years$2,430$2,011$1,654$1,353$1,102$608
19 years$2,278$1,863$1,514$1,222$982$520
20 years$2,141$1,732$1,389$1,107$877$446
21 years$2,018$1,613$1,278$1,005$785$383
22 years$1,906$1,506$1,178$914$704$329
23 years$1,804$1,408$1,088$832$632$283
24 years$1,710$1,319$1,006$759$568$244
25 years$1,624$1,238$932$693$511$210
26 years$1,545$1,164$864$634$460$181
27 years$1,472$1,095$802$580$415$156
28 years$1,404$1,032$746$531$374$135
29 years$1,341$973$694$487$338$116
30 years$1,282$919$646$447$305$100
31 years$1,228$869$603$411$276$87
32 years$1,176$822$562$378$250$75
33 years$1,128$779$525$347$226$65
34 years$1,083$738$491$319$205$56
35 years$1,041$700$459$294$185$48
36 years$1,001$664$429$271$168$42
37 years$963$631$402$250$152$36
38 years$927$600$376$230$138$31
39 years$893$570$352$212$125$27
40 years$861$543$330$196$114$23
41 years$831$517$310$180$103$20
42 years$802$492$290$167$93$17
43 years$775$469$273$154$85$15
44 years$749$447$256$142$77$13
45 years$724$426$240$131$70$11
46 years$700$406$226$121$63$10
47 years$677$388$212$112$58$8
48 years$656$370$199$103$52$7
49 years$635$354$187$96$48$6
50 years$615$338$176$88$43$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $630,000, adding $5,872 every year, while hoping to spend $44,179 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: 84/10/6 Blend
45$630,000$630,000$630,000$630,000
46$700,317$666,927$657,162$758,420
47$724,743$652,600$632,171$782,891
48$750,180$636,091$604,862$803,150
49$776,684$617,245$575,110$824,004
50$804,317$595,901$542,787$845,485
51$833,142$571,885$507,756$867,627
52$863,232$545,017$469,875$890,468
53$894,662$515,102$428,995$914,049
54$927,514$481,939$384,963$938,415
55$961,877$445,311$337,616$963,617
56$997,847$404,990$286,786$989,708
57$1,035,529$360,736$232,295$1,016,749
58$1,075,036$312,295$173,959$1,044,808
59$1,116,489$259,397$111,587$1,073,957
60$1,160,023$201,759$44,976$1,104,277
61$1,205,781$139,081$0$1,135,858
62$1,253,920$71,046$0$1,170,471
63$1,304,612$0$0$1,209,733
64$1,358,043$0$0$1,251,194
65$1,414,414$0$0$1,303,190
66$1,473,948$0$0$1,358,107
67$1,536,885$0$0$1,416,168
68$1,603,489$0$0$1,477,617
69$1,674,046$0$0$1,542,719
70$1,748,870$0$0$1,611,765
71$1,828,305$0$0$1,685,072
72$1,912,725$0$0$1,762,986
73$2,002,541$0$0$1,845,888
74$2,098,202$0$0$1,934,193
75$2,200,199$0$0$2,028,355
76$2,309,072$0$0$2,128,874
77$2,425,409$0$0$2,236,295
78$2,549,859$0$0$2,351,216
79$2,683,130$0$0$2,474,295
80$2,826,000$0$0$2,606,250
81$2,979,322$0$0$2,747,871
82$3,144,032$0$0$2,900,024
83$3,321,159$0$0$3,063,661
84$3,511,831$0$0$3,239,826
85$3,717,286$0$0$3,429,665
86$3,938,886$0$0$3,634,438
87$4,178,126$0$0$3,855,529
88$4,436,649$0$0$4,094,458
89$4,716,261$0$0$4,352,897
90$5,018,946$0$0$4,632,681
91$5,346,885$0$0$4,935,831
92$5,702,479$0$0$5,264,566
93$6,088,365$0$0$5,621,329
94$6,507,445$0$0$6,008,804
95$6,962,910$0$0$6,429,946
96$7,458,271$0$0$6,888,005
97$7,997,392$0$0$7,386,554
98$8,584,521$0$0$7,929,529
99$9,224,336$0$0$8,521,258
100$9,921,985$0$0$9,166,506