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%15.9%
1 years$61,934$61,383$60,844$60,319$59,806$58,360
2 years$30,661$30,090$29,536$29,000$28,479$27,031
3 years$20,237$19,664$19,112$18,580$18,068$16,664
4 years$15,027$14,455$13,909$13,386$12,886$11,536
5 years$11,901$11,333$10,794$10,282$9,796$8,503
6 years$9,818$9,254$8,723$8,222$7,751$6,517
7 years$8,331$7,772$7,249$6,760$6,304$5,129
8 years$7,216$6,662$6,147$5,671$5,230$4,113
9 years$6,349$5,800$5,295$4,830$4,404$3,346
10 years$5,656$5,113$4,616$4,164$3,753$2,751
11 years$5,090$4,551$4,064$3,624$3,227$2,281
12 years$4,618$4,085$3,607$3,179$2,797$1,903
13 years$4,219$3,692$3,222$2,806$2,439$1,597
14 years$3,877$3,356$2,895$2,491$2,138$1,346
15 years$3,581$3,066$2,614$2,222$1,882$1,139
16 years$3,323$2,813$2,370$1,989$1,664$967
17 years$3,095$2,590$2,157$1,787$1,475$822
18 years$2,892$2,394$1,969$1,611$1,312$701
19 years$2,712$2,218$1,802$1,455$1,169$599
20 years$2,549$2,061$1,654$1,318$1,044$512
21 years$2,402$1,920$1,521$1,196$934$438
22 years$2,269$1,792$1,402$1,088$838$376
23 years$2,147$1,676$1,295$991$752$322
24 years$2,036$1,571$1,197$903$676$277
25 years$1,934$1,474$1,109$825$608$238
26 years$1,839$1,385$1,029$754$548$205
27 years$1,752$1,304$955$691$494$176
28 years$1,672$1,228$888$633$446$151
29 years$1,597$1,159$826$580$402$130
30 years$1,527$1,094$770$532$364$112
31 years$1,461$1,035$717$489$329$97
32 years$1,400$979$669$449$297$83
33 years$1,343$927$625$413$269$72
34 years$1,289$879$584$380$244$62
35 years$1,239$833$546$350$221$53
36 years$1,191$791$511$322$200$46
37 years$1,146$751$478$297$181$40
38 years$1,104$714$448$274$164$34
39 years$1,063$679$419$252$149$29
40 years$1,025$646$393$233$135$25
41 years$989$615$369$215$123$22
42 years$955$586$346$198$111$19
43 years$922$558$324$183$101$16
44 years$891$532$305$169$92$14
45 years$861$507$286$156$83$12
46 years$833$484$269$144$76$10
47 years$806$462$252$133$69$9
48 years$780$441$237$123$62$8
49 years$756$421$223$114$57$7
50 years$732$402$210$105$51$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $750,000, adding $2,773 every year, while hoping to spend $32,949 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: 65/24/11 Blend
45$750,000$750,000$750,000$750,000
46$829,360$789,610$777,985$881,075
47$878,898$793,244$768,990$919,550
48$932,383$795,951$758,590$957,451
49$990,186$797,652$746,702$998,025
50$1,052,709$798,261$733,240$1,041,529
51$1,120,397$797,688$718,116$1,088,250
52$1,193,740$795,836$701,235$1,138,502
53$1,273,273$792,605$682,499$1,192,634
54$1,359,590$787,885$661,805$1,251,030
55$1,453,338$781,561$639,045$1,314,114
56$1,555,233$773,513$614,108$1,382,357
57$1,666,062$763,610$586,876$1,456,273
58$1,786,690$751,716$557,225$1,536,437
59$1,918,068$737,686$525,028$1,623,477
60$2,061,244$721,366$490,150$1,718,092
61$2,217,372$702,594$452,451$1,821,050
62$2,387,721$681,197$411,785$1,933,200
63$2,573,686$656,994$367,997$2,055,479
64$2,776,806$629,790$320,929$2,188,922
65$2,998,773$599,383$270,413$2,334,672
66$3,241,451$565,556$216,275$2,493,989
67$3,506,891$528,080$158,333$2,668,264
68$3,797,353$486,715$96,396$2,859,035
69$4,115,324$441,205$30,266$3,067,995
70$4,463,543$391,280$0$3,297,015
71$4,845,027$336,655$0$3,552,892
72$5,263,097$277,029$0$3,837,270
73$5,721,413$212,083$0$4,149,134
74$6,224,004$141,482$0$4,491,286
75$6,775,307$64,870$0$4,866,816
76$7,380,212$0$0$5,279,130
77$8,044,103$0$0$5,736,772
78$8,772,910$0$0$6,258,023
79$9,573,168$0$0$6,830,428
80$10,452,072$0$0$7,459,142
81$11,417,552$0$0$8,149,843
82$12,478,341$0$0$8,908,787
83$13,644,060$0$0$9,742,864
84$14,925,310$0$0$10,659,667
85$16,333,769$0$0$11,667,559
86$17,882,302$0$0$12,775,755
87$19,585,083$0$0$13,994,407
88$21,457,731$0$0$15,334,701
89$23,517,449$0$0$16,808,960
90$25,783,196$0$0$18,430,762
91$28,275,860$0$0$20,215,068
92$31,018,452$0$0$22,178,360
93$34,036,330$0$0$24,338,801
94$37,357,432$0$0$26,716,402
95$41,012,542$0$0$29,333,212
96$45,035,581$0$0$32,213,526
97$49,463,922$0$0$35,384,115
98$54,338,747$0$0$38,874,475
99$59,705,434$0$0$42,717,109
100$65,613,983$0$0$46,947,831