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%13.7%
1 years$61,934$61,383$60,844$60,319$59,806$58,888
2 years$30,661$30,090$29,536$29,000$28,479$27,556
3 years$20,237$19,664$19,112$18,580$18,068$17,170
4 years$15,027$14,455$13,909$13,386$12,886$12,019
5 years$11,901$11,333$10,794$10,282$9,796$8,962
6 years$9,818$9,254$8,723$8,222$7,751$6,952
7 years$8,331$7,772$7,249$6,760$6,304$5,539
8 years$7,216$6,662$6,147$5,671$5,230$4,499
9 years$6,349$5,800$5,295$4,830$4,404$3,708
10 years$5,656$5,113$4,616$4,164$3,753$3,090
11 years$5,090$4,551$4,064$3,624$3,227$2,598
12 years$4,618$4,085$3,607$3,179$2,797$2,200
13 years$4,219$3,692$3,222$2,806$2,439$1,873
14 years$3,877$3,356$2,895$2,491$2,138$1,602
15 years$3,581$3,066$2,614$2,222$1,882$1,376
16 years$3,323$2,813$2,370$1,989$1,664$1,186
17 years$3,095$2,590$2,157$1,787$1,475$1,025
18 years$2,892$2,394$1,969$1,611$1,312$888
19 years$2,712$2,218$1,802$1,455$1,169$771
20 years$2,549$2,061$1,654$1,318$1,044$670
21 years$2,402$1,920$1,521$1,196$934$584
22 years$2,269$1,792$1,402$1,088$838$509
23 years$2,147$1,676$1,295$991$752$444
24 years$2,036$1,571$1,197$903$676$388
25 years$1,934$1,474$1,109$825$608$339
26 years$1,839$1,385$1,029$754$548$297
27 years$1,752$1,304$955$691$494$260
28 years$1,672$1,228$888$633$446$228
29 years$1,597$1,159$826$580$402$200
30 years$1,527$1,094$770$532$364$175
31 years$1,461$1,035$717$489$329$154
32 years$1,400$979$669$449$297$135
33 years$1,343$927$625$413$269$118
34 years$1,289$879$584$380$244$104
35 years$1,239$833$546$350$221$91
36 years$1,191$791$511$322$200$80
37 years$1,146$751$478$297$181$70
38 years$1,104$714$448$274$164$62
39 years$1,063$679$419$252$149$54
40 years$1,025$646$393$233$135$48
41 years$989$615$369$215$123$42
42 years$955$586$346$198$111$37
43 years$922$558$324$183$101$32
44 years$891$532$305$169$92$28
45 years$861$507$286$156$83$25
46 years$833$484$269$144$76$22
47 years$806$462$252$133$69$19
48 years$780$441$237$123$62$17
49 years$756$421$223$114$57$15
50 years$732$402$210$105$51$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $750,000, adding $4,169 every year, while hoping to spend $32,385 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: 55/31/14 Blend
45$750,000$750,000$750,000$750,000
46$830,800$791,050$779,425$873,238
47$881,085$795,354$771,079$906,852
48$935,412$798,784$761,367$939,573
49$994,162$801,262$750,210$974,458
50$1,057,749$802,707$737,525$1,011,720
51$1,126,631$803,031$723,224$1,051,596
52$1,201,310$802,142$707,215$1,094,347
53$1,282,339$799,942$689,401$1,140,262
54$1,370,326$796,327$669,684$1,189,662
55$1,465,938$791,186$647,958$1,242,899
56$1,569,912$784,403$624,113$1,300,368
57$1,683,057$775,852$598,034$1,362,499
58$1,806,262$765,402$569,601$1,429,774
59$1,940,507$752,913$538,689$1,502,722
60$2,086,870$738,238$505,167$1,581,930
61$2,246,538$721,219$468,898$1,668,046
62$2,420,817$701,690$429,738$1,761,787
63$2,611,144$679,476$387,537$1,863,946
64$2,819,101$654,391$342,140$1,975,399
65$3,046,431$626,238$293,384$2,097,113
66$3,295,052$594,809$241,097$2,230,161
67$3,567,075$559,882$185,102$2,375,723
68$3,864,827$521,227$125,213$2,535,108
69$4,190,867$478,595$61,235$2,709,759
70$4,548,017$431,727$0$2,901,271
71$4,939,380$380,347$0$3,112,459
72$5,368,377$324,165$0$3,354,048
73$5,838,776$262,873$0$3,619,063
74$6,354,724$196,146$0$3,909,913
75$6,920,791$123,643$0$4,229,257
76$7,542,010$45,000$0$4,580,026
77$8,223,926$0$0$4,965,457
78$8,972,645$0$0$5,402,821
79$9,794,895$0$0$5,900,068
80$10,698,085$0$0$6,446,339
81$11,690,381$0$0$7,046,579
82$12,780,775$0$0$7,706,240
83$13,979,175$0$0$8,431,325
84$15,296,498$0$0$9,228,448
85$16,744,768$0$0$10,104,897
86$18,337,234$0$0$11,068,702
87$20,088,493$0$0$12,128,707
88$22,014,628$0$0$13,294,659
89$24,133,358$0$0$14,577,297
90$26,464,205$0$0$15,988,450
91$29,028,680$0$0$17,541,156
92$31,850,483$0$0$19,249,777
93$34,955,727$0$0$21,130,139
94$38,373,186$0$0$23,199,681
95$42,134,562$0$0$25,477,614
96$46,274,790$0$0$27,985,112
97$50,832,359$0$0$30,745,500
98$55,849,684$0$0$33,784,485
99$61,373,496$0$0$37,130,388
100$67,455,292$0$0$40,814,420