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%18.3%
1 years$63,999$63,429$62,873$62,330$61,800$59,726
2 years$31,683$31,093$30,521$29,966$29,428$27,359
3 years$20,912$20,319$19,749$19,200$18,671$16,672
4 years$15,528$14,937$14,372$13,832$13,316$11,402
5 years$12,298$11,711$11,153$10,624$10,123$8,299
6 years$10,145$9,563$9,014$8,496$8,010$6,278
7 years$8,609$8,031$7,490$6,985$6,514$4,874
8 years$7,456$6,884$6,352$5,860$5,404$3,854
9 years$6,561$5,994$5,471$4,991$4,551$3,089
10 years$5,845$5,283$4,770$4,303$3,878$2,502
11 years$5,259$4,703$4,199$3,745$3,335$2,043
12 years$4,772$4,221$3,727$3,284$2,890$1,678
13 years$4,359$3,815$3,330$2,900$2,520$1,386
14 years$4,006$3,468$2,992$2,574$2,209$1,149
15 years$3,701$3,168$2,701$2,296$1,945$956
16 years$3,434$2,906$2,449$2,055$1,719$797
17 years$3,198$2,677$2,229$1,847$1,524$666
18 years$2,989$2,473$2,034$1,664$1,355$558
19 years$2,802$2,292$1,862$1,504$1,208$468
20 years$2,634$2,130$1,709$1,362$1,079$393
21 years$2,482$1,984$1,572$1,236$966$330
22 years$2,344$1,852$1,449$1,124$866$278
23 years$2,219$1,732$1,338$1,024$777$234
24 years$2,104$1,623$1,237$934$698$197
25 years$1,998$1,523$1,146$853$628$166
26 years$1,901$1,431$1,063$780$566$140
27 years$1,811$1,347$987$714$510$118
28 years$1,727$1,269$917$654$460$100
29 years$1,650$1,198$854$600$416$84
30 years$1,578$1,131$795$550$376$71
31 years$1,510$1,069$741$505$340$60
32 years$1,447$1,012$692$464$307$51
33 years$1,388$958$646$427$278$43
34 years$1,332$908$603$393$252$36
35 years$1,280$861$564$362$228$31
36 years$1,231$817$528$333$207$26
37 years$1,184$776$494$307$187$22
38 years$1,140$738$463$283$170$18
39 years$1,099$702$433$261$154$16
40 years$1,060$667$406$241$140$13
41 years$1,022$635$381$222$127$11
42 years$987$605$357$205$115$9
43 years$953$577$335$189$104$8
44 years$921$550$315$175$95$7
45 years$890$524$296$161$86$6
46 years$861$500$278$149$78$5
47 years$833$477$261$138$71$4
48 years$807$455$245$127$64$3
49 years$781$435$230$118$58$3
50 years$757$415$217$109$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $775,000, adding $4,804 every year, while hoping to spend $54,749 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: 67/14/19 Blend
45$775,000$775,000$775,000$775,000
46$859,005$817,930$805,918$912,209
47$888,371$799,756$774,664$930,241
48$918,898$778,857$740,527$943,157
49$950,645$755,041$703,355$955,954
50$983,678$728,105$662,985$968,620
51$1,018,067$697,836$619,248$981,141
52$1,053,886$664,006$571,969$993,505
53$1,091,216$626,376$520,964$1,005,700
54$1,130,143$584,691$466,039$1,017,715
55$1,170,761$538,685$406,995$1,029,540
56$1,213,170$488,072$343,621$1,041,167
57$1,257,480$432,553$275,698$1,052,589
58$1,303,806$371,812$202,997$1,063,801
59$1,352,277$305,514$125,281$1,074,803
60$1,403,030$233,304$42,298$1,085,593
61$1,456,213$154,810$0$1,096,177
62$1,511,989$69,638$0$1,115,940
63$1,570,531$0$0$1,145,279
64$1,632,031$0$0$1,179,170
65$1,696,696$0$0$1,226,100
66$1,764,749$0$0$1,275,508
67$1,836,435$0$0$1,327,571
68$1,912,022$0$0$1,382,487
69$1,991,799$0$0$1,440,469
70$2,076,083$0$0$1,501,749
71$2,165,219$0$0$1,566,582
72$2,259,585$0$0$1,635,245
73$2,359,591$0$0$1,708,042
74$2,465,689$0$0$1,785,302
75$2,578,369$0$0$1,867,389
76$2,698,169$0$0$1,954,698
77$2,825,678$0$0$2,047,663
78$2,961,541$0$0$2,146,759
79$3,106,463$0$0$2,252,504
80$3,261,216$0$0$2,365,469
81$3,426,647$0$0$2,486,278
82$3,603,686$0$0$2,615,614
83$3,793,349$0$0$2,754,229
84$3,996,754$0$0$2,902,944
85$4,215,125$0$0$3,062,664
86$4,449,807$0$0$3,234,378
87$4,702,276$0$0$3,419,177
88$4,974,152$0$0$3,618,254
89$5,267,215$0$0$3,832,922
90$5,583,421$0$0$4,064,623
91$5,924,916$0$0$4,314,940
92$6,294,061$0$0$4,585,616
93$6,693,451$0$0$4,878,563
94$7,125,936$0$0$5,195,884
95$7,594,652$0$0$5,539,893
96$8,103,046$0$0$5,913,133
97$8,654,909$0$0$6,318,401
98$9,254,410$0$0$6,758,773
99$9,906,137$0$0$7,237,634
100$10,615,134$0$0$7,758,706