Can I retire at age 46 with 725,000?

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 $725,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$59,870$59,337$58,816$58,308$57,813$56,210
2 years$29,639$29,087$28,552$28,033$27,530$25,927
3 years$19,563$19,008$18,475$17,961$17,466$15,913
4 years$14,526$13,973$13,445$12,940$12,457$10,966
5 years$11,504$10,955$10,434$9,939$9,470$8,045
6 years$9,491$8,946$8,432$7,948$7,493$6,136
7 years$8,053$7,513$7,007$6,535$6,094$4,804
8 years$6,975$6,440$5,943$5,482$5,055$3,833
9 years$6,138$5,607$5,118$4,669$4,257$3,101
10 years$5,468$4,942$4,462$4,025$3,627$2,535
11 years$4,920$4,400$3,929$3,503$3,120$2,090
12 years$4,464$3,949$3,486$3,073$2,704$1,734
13 years$4,078$3,569$3,115$2,713$2,358$1,446
14 years$3,748$3,244$2,799$2,408$2,067$1,212
15 years$3,462$2,963$2,527$2,147$1,820$1,019
16 years$3,212$2,719$2,291$1,923$1,608$859
17 years$2,992$2,504$2,085$1,728$1,426$726
18 years$2,796$2,314$1,903$1,557$1,268$615
19 years$2,621$2,144$1,742$1,407$1,130$521
20 years$2,464$1,993$1,599$1,274$1,009$443
21 years$2,322$1,856$1,471$1,156$903$377
22 years$2,193$1,733$1,355$1,051$810$321
23 years$2,076$1,620$1,252$958$727$273
24 years$1,968$1,518$1,157$873$653$233
25 years$1,869$1,425$1,072$798$588$199
26 years$1,778$1,339$994$729$530$170
27 years$1,694$1,260$923$668$477$145
28 years$1,616$1,188$858$612$431$124
29 years$1,543$1,120$799$561$389$106
30 years$1,476$1,058$744$515$351$90
31 years$1,413$1,000$694$473$318$77
32 years$1,354$946$647$434$287$66
33 years$1,298$896$604$400$260$57
34 years$1,246$849$565$368$236$48
35 years$1,198$806$528$338$213$41
36 years$1,151$765$494$312$193$35
37 years$1,108$726$462$287$175$30
38 years$1,067$690$433$265$159$26
39 years$1,028$656$405$244$144$22
40 years$991$624$380$225$131$19
41 years$956$594$356$208$119$16
42 years$923$566$334$192$108$14
43 years$891$539$314$177$98$12
44 years$861$514$294$163$89$10
45 years$833$490$276$151$80$9
46 years$805$468$260$139$73$7
47 years$779$446$244$129$66$6
48 years$754$426$229$119$60$5
49 years$731$407$215$110$55$5
50 years$708$389$203$102$50$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $725,000, adding $5,393 every year, while hoping to spend $28,683 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: 59/13/28 Blend
45$725,000$725,000$725,000$725,000
46$804,513$766,088$754,850$845,566
47$856,055$773,108$749,619$881,260
48$911,892$779,510$743,252$916,669
49$972,434$785,235$735,679$954,696
50$1,038,128$790,217$726,830$995,605
51$1,109,468$794,388$716,630$1,039,686
52$1,186,996$797,676$704,999$1,087,259
53$1,271,309$800,001$691,856$1,138,677
54$1,363,064$801,283$677,115$1,194,331
55$1,462,984$801,434$660,686$1,254,654
56$1,571,864$800,359$642,474$1,320,122
57$1,690,579$797,961$622,382$1,391,263
58$1,820,091$794,135$600,305$1,468,659
59$1,961,462$788,769$576,137$1,552,952
60$2,115,858$781,745$549,764$1,644,854
61$2,284,563$772,939$521,069$1,745,147
62$2,468,993$762,217$489,929$1,854,699
63$2,670,703$749,438$456,214$1,974,464
64$2,891,409$734,455$419,792$2,105,499
65$3,132,998$717,108$380,520$2,248,969
66$3,397,549$697,232$338,253$2,406,161
67$3,687,351$674,649$292,837$2,578,494
68$4,004,926$649,172$244,112$2,767,536
69$4,353,050$620,602$191,910$2,975,017
70$4,734,780$588,730$136,058$3,202,846
71$5,153,484$553,335$76,374$3,453,130
72$5,612,873$514,182$12,666$3,728,194
73$6,117,032$471,023$0$4,030,603
74$6,670,463$423,597$0$4,379,718
75$7,278,122$371,625$0$4,767,244
76$7,945,471$314,816$0$5,192,905
77$8,678,528$252,859$0$5,660,570
78$9,483,918$185,430$0$6,174,503
79$10,368,944$112,182$0$6,739,404
80$11,341,648$32,752$0$7,360,452
81$12,410,894$0$0$8,043,355
82$13,586,443$0$0$8,802,023
83$14,879,052$0$0$9,641,456
84$16,300,571$0$0$10,564,672
85$17,864,056$0$0$11,580,159
86$19,583,892$0$0$12,697,270
87$21,475,930$0$0$13,926,307
88$23,557,632$0$0$15,278,625
89$25,848,238$0$0$16,766,733
90$28,368,950$0$0$18,404,412
91$31,143,127$0$0$20,206,850
92$34,196,506$0$0$22,190,780
93$37,557,449$0$0$24,374,640
94$41,257,205$0$0$26,778,746
95$45,330,206$0$0$29,425,485
96$49,814,393$0$0$32,339,524
97$54,751,573$0$0$35,548,043
98$60,187,812$0$0$39,080,991
99$66,173,874$0$0$42,971,373
100$72,765,690$0$0$47,255,554