Can I retire at age 46 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$63,999$63,429$62,873$62,330$61,800$61,436
2 years$31,683$31,093$30,521$29,966$29,428$29,061
3 years$20,912$20,319$19,749$19,200$18,671$18,312
4 years$15,528$14,937$14,372$13,832$13,316$12,968
5 years$12,298$11,711$11,153$10,624$10,123$9,787
6 years$10,145$9,563$9,014$8,496$8,010$7,686
7 years$8,609$8,031$7,490$6,985$6,514$6,203
8 years$7,456$6,884$6,352$5,860$5,404$5,105
9 years$6,561$5,994$5,471$4,991$4,551$4,265
10 years$5,845$5,283$4,770$4,303$3,878$3,604
11 years$5,259$4,703$4,199$3,745$3,335$3,073
12 years$4,772$4,221$3,727$3,284$2,890$2,640
13 years$4,359$3,815$3,330$2,900$2,520$2,282
14 years$4,006$3,468$2,992$2,574$2,209$1,982
15 years$3,701$3,168$2,701$2,296$1,945$1,729
16 years$3,434$2,906$2,449$2,055$1,719$1,514
17 years$3,198$2,677$2,229$1,847$1,524$1,330
18 years$2,989$2,473$2,034$1,664$1,355$1,171
19 years$2,802$2,292$1,862$1,504$1,208$1,033
20 years$2,634$2,130$1,709$1,362$1,079$914
21 years$2,482$1,984$1,572$1,236$966$810
22 years$2,344$1,852$1,449$1,124$866$718
23 years$2,219$1,732$1,338$1,024$777$638
24 years$2,104$1,623$1,237$934$698$567
25 years$1,998$1,523$1,146$853$628$505
26 years$1,901$1,431$1,063$780$566$450
27 years$1,811$1,347$987$714$510$401
28 years$1,727$1,269$917$654$460$358
29 years$1,650$1,198$854$600$416$320
30 years$1,578$1,131$795$550$376$286
31 years$1,510$1,069$741$505$340$256
32 years$1,447$1,012$692$464$307$229
33 years$1,388$958$646$427$278$204
34 years$1,332$908$603$393$252$183
35 years$1,280$861$564$362$228$164
36 years$1,231$817$528$333$207$147
37 years$1,184$776$494$307$187$131
38 years$1,140$738$463$283$170$118
39 years$1,099$702$433$261$154$106
40 years$1,060$667$406$241$140$95
41 years$1,022$635$381$222$127$85
42 years$987$605$357$205$115$76
43 years$953$577$335$189$104$68
44 years$921$550$315$175$95$61
45 years$890$524$296$161$86$55
46 years$861$500$278$149$78$49
47 years$833$477$261$138$71$44
48 years$807$455$245$127$64$40
49 years$781$435$230$118$58$35
50 years$757$415$217$109$53$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $775,000, adding $2,519 every year, while hoping to spend $23,578 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: 88/6/6 Blend
45$775,000$775,000$775,000$775,000
46$856,648$815,573$803,561$931,658
47$918,940$830,450$805,393$995,738
48$986,794$845,265$806,497$1,062,616
49$1,060,755$859,990$806,822$1,135,365
50$1,141,419$874,597$806,318$1,214,557
51$1,229,444$889,052$804,929$1,300,826
52$1,325,552$903,321$802,600$1,394,866
53$1,430,541$917,366$799,269$1,497,445
54$1,545,287$931,147$794,875$1,609,406
55$1,670,755$944,622$789,352$1,731,678
56$1,808,007$957,744$782,631$1,865,286
57$1,958,215$970,465$774,641$2,011,355
58$2,122,667$982,731$765,305$2,171,129
59$2,302,781$994,487$754,544$2,345,975
60$2,500,120$1,005,673$742,277$2,537,398
61$2,716,406$1,016,224$728,417$2,747,060
62$2,953,532$1,026,072$712,871$2,976,787
63$3,213,587$1,035,144$695,547$3,228,593
64$3,498,870$1,043,363$676,345$3,504,699
65$3,811,912$1,050,645$655,160$3,807,546
66$4,155,504$1,056,904$631,885$4,139,829
67$4,532,718$1,062,044$606,406$4,504,515
68$4,946,938$1,065,967$578,603$4,904,871
69$5,401,893$1,068,567$548,354$5,344,499
70$5,901,690$1,069,731$515,527$5,827,368
71$6,450,853$1,069,339$479,988$6,357,849
72$7,054,368$1,067,264$441,596$6,940,760
73$7,717,725$1,063,371$400,201$7,581,407
74$8,446,975$1,057,519$355,649$8,285,641
75$9,248,782$1,049,553$307,780$9,059,905
76$10,130,491$1,039,314$256,423$9,911,301
77$11,100,191$1,026,631$201,404$10,847,651
78$12,166,798$1,011,323$142,538$11,877,579
79$13,340,131$993,197$79,633$13,010,585
80$14,631,012$972,052$12,488$14,257,138
81$16,051,364$947,671$0$15,628,773
82$17,614,324$919,828$0$17,141,990
83$19,334,366$888,280$0$18,808,109
84$21,227,439$852,773$0$20,641,779
85$23,311,115$813,037$0$22,660,025
86$25,604,759$768,785$0$24,881,608
87$28,129,705$719,717$0$27,327,198
88$30,909,464$665,512$0$30,019,574
89$33,969,939$605,832$0$32,983,837
90$37,339,676$540,321$0$36,247,645
91$41,050,128$468,601$0$39,841,476
92$45,135,952$390,274$0$43,798,917
93$49,635,340$304,918$0$48,156,975
94$54,590,374$212,089$0$52,956,434
95$60,047,427$111,316$0$58,242,234
96$66,057,598$2,104$0$64,063,898
97$72,677,194$0$0$70,475,998
98$79,968,263$0$0$77,546,333
99$87,999,178$0$0$85,334,277
100$96,845,282$0$0$93,912,755