Can I retire at age 46 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$61,934$61,383$60,844$60,319$59,806$58,575
2 years$30,661$30,090$29,536$29,000$28,479$27,244
3 years$20,237$19,664$19,112$18,580$18,068$16,868
4 years$15,027$14,455$13,909$13,386$12,886$11,730
5 years$11,901$11,333$10,794$10,282$9,796$8,688
6 years$9,818$9,254$8,723$8,222$7,751$6,691
7 years$8,331$7,772$7,249$6,760$6,304$5,293
8 years$7,216$6,662$6,147$5,671$5,230$4,267
9 years$6,349$5,800$5,295$4,830$4,404$3,490
10 years$5,656$5,113$4,616$4,164$3,753$2,885
11 years$5,090$4,551$4,064$3,624$3,227$2,406
12 years$4,618$4,085$3,607$3,179$2,797$2,020
13 years$4,219$3,692$3,222$2,806$2,439$1,705
14 years$3,877$3,356$2,895$2,491$2,138$1,446
15 years$3,581$3,066$2,614$2,222$1,882$1,231
16 years$3,323$2,813$2,370$1,989$1,664$1,051
17 years$3,095$2,590$2,157$1,787$1,475$900
18 years$2,892$2,394$1,969$1,611$1,312$772
19 years$2,712$2,218$1,802$1,455$1,169$664
20 years$2,549$2,061$1,654$1,318$1,044$572
21 years$2,402$1,920$1,521$1,196$934$493
22 years$2,269$1,792$1,402$1,088$838$426
23 years$2,147$1,676$1,295$991$752$368
24 years$2,036$1,571$1,197$903$676$318
25 years$1,934$1,474$1,109$825$608$275
26 years$1,839$1,385$1,029$754$548$238
27 years$1,752$1,304$955$691$494$207
28 years$1,672$1,228$888$633$446$179
29 years$1,597$1,159$826$580$402$155
30 years$1,527$1,094$770$532$364$135
31 years$1,461$1,035$717$489$329$117
32 years$1,400$979$669$449$297$101
33 years$1,343$927$625$413$269$88
34 years$1,289$879$584$380$244$77
35 years$1,239$833$546$350$221$66
36 years$1,191$791$511$322$200$58
37 years$1,146$751$478$297$181$50
38 years$1,104$714$448$274$164$44
39 years$1,063$679$419$252$149$38
40 years$1,025$646$393$233$135$33
41 years$989$615$369$215$123$29
42 years$955$586$346$198$111$25
43 years$922$558$324$183$101$22
44 years$891$532$305$169$92$19
45 years$861$507$286$156$83$16
46 years$833$484$269$144$76$14
47 years$806$462$252$133$69$12
48 years$780$441$237$123$62$11
49 years$756$421$223$114$57$9
50 years$732$402$210$105$51$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $750,000, adding $3,408 every year, while hoping to spend $33,520 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: 46/34/20 Blend
45$750,000$750,000$750,000$750,000
46$830,015$790,265$778,640$863,305
47$879,012$793,323$769,060$890,007
48$931,883$795,408$758,035$915,351
49$988,987$796,435$745,482$942,152
50$1,050,721$796,318$731,313$970,560
51$1,117,519$794,962$715,436$1,000,742
52$1,189,859$792,268$697,756$1,032,887
53$1,268,265$788,129$678,171$1,067,200
54$1,353,316$782,435$656,577$1,103,915
55$1,445,645$775,066$632,864$1,143,287
56$1,545,953$765,896$606,917$1,185,602
57$1,655,007$754,792$578,615$1,231,178
58$1,773,652$741,611$547,833$1,280,365
59$1,902,819$726,204$514,440$1,333,556
60$2,043,531$708,413$478,298$1,391,185
61$2,196,914$688,068$439,264$1,453,731
62$2,364,208$664,992$397,189$1,521,731
63$2,546,777$638,997$351,914$1,595,775
64$2,746,123$609,882$303,278$1,676,520
65$2,963,899$577,438$251,109$1,764,693
66$3,201,925$541,440$195,229$1,861,102
67$3,462,204$501,653$135,452$1,966,639
68$3,746,942$457,828$71,583$2,082,293
69$4,058,569$409,700$3,420$2,209,159
70$4,399,759$356,992$0$2,348,452
71$4,773,458$299,408$0$2,516,306
72$5,182,909$236,637$0$2,701,155
73$5,631,685$168,352$0$2,903,961
74$6,123,720$94,204$0$3,126,594
75$6,663,347$13,827$0$3,371,121
76$7,255,339$0$0$3,639,821
77$7,904,952$0$0$3,962,588
78$8,617,977$0$0$4,322,630
79$9,400,792$0$0$4,718,006
80$10,260,423$0$0$5,152,276
81$11,204,611$0$0$5,629,362
82$12,241,881$0$0$6,153,585
83$13,381,626$0$0$6,729,704
84$14,634,194$0$0$7,362,964
85$16,010,984$0$0$8,059,142
86$17,524,557$0$0$8,824,602
87$19,188,748$0$0$9,666,356
88$21,018,802$0$0$10,592,132
89$23,031,515$0$0$11,610,441
90$25,245,391$0$0$12,730,661
91$27,680,820$0$0$13,963,127
92$30,360,265$0$0$15,319,223
93$33,308,478$0$0$16,811,494
94$36,552,729$0$0$18,453,763
95$40,123,068$0$0$20,261,260
96$44,052,603$0$0$22,250,765
97$48,377,816$0$0$24,440,770
98$53,138,904$0$0$26,851,649
99$58,380,159$0$0$29,505,851
100$64,150,386$0$0$32,428,116