Can I retire at age 46 with 730,000?

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 $730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$60,283$59,746$59,222$58,711$58,211$56,552
2 years$29,843$29,287$28,748$28,226$27,720$26,061
3 years$19,698$19,139$18,602$18,085$17,586$15,980
4 years$14,626$14,070$13,538$13,029$12,543$11,001
5 years$11,584$11,031$10,506$10,008$9,535$8,062
6 years$9,556$9,007$8,490$8,003$7,545$6,142
7 years$8,109$7,564$7,055$6,580$6,136$4,804
8 years$7,024$6,484$5,984$5,520$5,090$3,828
9 years$6,180$5,646$5,154$4,702$4,287$3,093
10 years$5,505$4,976$4,493$4,053$3,652$2,525
11 years$4,954$4,430$3,956$3,527$3,141$2,079
12 years$4,495$3,976$3,510$3,094$2,722$1,723
13 years$4,106$3,593$3,136$2,731$2,374$1,435
14 years$3,774$3,266$2,818$2,425$2,081$1,201
15 years$3,486$2,984$2,544$2,162$1,832$1,008
16 years$3,234$2,738$2,307$1,936$1,619$849
17 years$3,012$2,521$2,099$1,740$1,436$716
18 years$2,815$2,330$1,916$1,568$1,277$605
19 years$2,639$2,159$1,754$1,417$1,138$513
20 years$2,481$2,006$1,610$1,283$1,016$435
21 years$2,338$1,869$1,481$1,164$910$369
22 years$2,208$1,745$1,365$1,059$815$314
23 years$2,090$1,632$1,260$964$732$267
24 years$1,982$1,529$1,165$879$658$227
25 years$1,882$1,435$1,079$803$592$194
26 years$1,790$1,348$1,001$734$533$165
27 years$1,706$1,269$930$672$481$141
28 years$1,627$1,196$864$616$434$120
29 years$1,554$1,128$804$565$392$102
30 years$1,486$1,065$749$518$354$87
31 years$1,422$1,007$698$476$320$75
32 years$1,363$953$652$437$289$64
33 years$1,307$902$608$402$262$54
34 years$1,255$855$568$370$237$46
35 years$1,206$811$531$341$215$40
36 years$1,159$770$497$314$195$34
37 years$1,116$731$465$289$176$29
38 years$1,074$695$436$266$160$25
39 years$1,035$661$408$246$145$21
40 years$998$629$383$227$132$18
41 years$963$598$359$209$119$15
42 years$929$570$337$193$108$13
43 years$898$543$316$178$98$11
44 years$867$518$296$164$89$10
45 years$839$494$278$152$81$8
46 years$811$471$261$140$74$7
47 years$785$449$246$130$67$6
48 years$760$429$231$120$61$5
49 years$736$410$217$111$55$4
50 years$713$391$204$102$50$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $730,000, adding $2,548 every year, while hoping to spend $47,177 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: 73/13/14 Blend
45$730,000$730,000$730,000$730,000
46$807,088$768,398$757,083$863,374
47$839,215$755,854$732,250$888,433
48$873,038$741,114$705,003$909,825
49$908,680$724,020$675,212$931,995
50$946,275$704,406$642,741$955,010
51$985,969$682,097$607,447$978,941
52$1,027,922$656,903$569,181$1,003,872
53$1,072,308$628,630$527,786$1,029,891
54$1,119,316$597,066$483,100$1,057,101
55$1,169,155$561,990$434,953$1,085,612
56$1,222,051$523,170$383,166$1,115,551
57$1,278,253$480,357$327,554$1,147,057
58$1,338,030$433,291$267,923$1,180,283
59$1,401,681$381,694$204,070$1,215,403
60$1,469,530$325,275$135,784$1,252,607
61$1,541,934$263,724$62,844$1,292,108
62$1,619,281$196,717$0$1,334,142
63$1,702,001$123,909$0$1,381,211
64$1,790,560$44,936$0$1,441,530
65$1,885,474$0$0$1,506,063
66$1,987,306$0$0$1,581,015
67$2,096,674$0$0$1,668,440
68$2,214,258$0$0$1,762,456
69$2,340,803$0$0$1,863,663
70$2,477,127$0$0$1,972,719
71$2,624,129$0$0$2,090,345
72$2,782,797$0$0$2,217,336
73$2,954,215$0$0$2,354,564
74$3,139,577$0$0$2,502,988
75$3,340,193$0$0$2,663,661
76$3,557,504$0$0$2,837,742
77$3,793,094$0$0$3,026,505
78$4,048,704$0$0$3,231,349
79$4,326,252$0$0$3,453,816
80$4,627,843$0$0$3,695,600
81$4,955,797$0$0$3,958,566
82$5,312,663$0$0$4,244,763
83$5,701,248$0$0$4,556,448
84$6,124,639$0$0$4,896,105
85$6,586,235$0$0$5,266,467
86$7,089,776$0$0$5,670,541
87$7,639,378$0$0$6,111,637
88$8,239,572$0$0$6,593,400
89$8,895,347$0$0$7,119,842
90$9,612,194$0$0$7,695,379
91$10,396,159$0$0$8,324,875
92$11,253,900$0$0$9,013,682
93$12,192,746$0$0$9,767,698
94$13,220,769$0$0$10,593,414
95$14,346,858$0$0$11,497,980
96$15,580,802$0$0$12,489,268
97$16,933,381$0$0$13,575,951
98$18,416,468$0$0$14,767,577
99$20,043,140$0$0$16,074,666
100$21,827,801$0$0$17,508,803