Can I retire at age 46 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$64,412$63,838$63,278$62,732$62,198$59,754
2 years$31,887$31,293$30,718$30,160$29,618$27,186
3 years$21,047$20,450$19,876$19,323$18,791$16,447
4 years$15,628$15,033$14,465$13,921$13,402$11,164
5 years$12,377$11,786$11,225$10,693$10,188$8,061
6 years$10,211$9,624$9,072$8,551$8,061$6,048
7 years$8,664$8,082$7,539$7,031$6,556$4,655
8 years$7,505$6,928$6,393$5,898$5,439$3,648
9 years$6,603$6,032$5,507$5,024$4,580$2,898
10 years$5,882$5,317$4,801$4,330$3,903$2,325
11 years$5,293$4,734$4,227$3,769$3,356$1,879
12 years$4,803$4,249$3,751$3,306$2,909$1,529
13 years$4,388$3,839$3,351$2,918$2,536$1,249
14 years$4,032$3,490$3,011$2,591$2,223$1,025
15 years$3,725$3,188$2,719$2,310$1,958$844
16 years$3,456$2,925$2,465$2,069$1,730$696
17 years$3,219$2,694$2,243$1,859$1,534$575
18 years$3,008$2,489$2,047$1,675$1,364$476
19 years$2,820$2,307$1,874$1,514$1,216$395
20 years$2,651$2,144$1,720$1,371$1,086$328
21 years$2,498$1,997$1,582$1,244$972$272
22 years$2,359$1,864$1,458$1,131$871$227
23 years$2,233$1,743$1,346$1,030$782$189
24 years$2,117$1,633$1,245$940$703$157
25 years$2,011$1,533$1,153$858$632$131
26 years$1,913$1,441$1,070$785$570$109
27 years$1,822$1,356$993$718$514$91
28 years$1,738$1,278$923$658$463$76
29 years$1,660$1,205$859$603$418$63
30 years$1,588$1,138$800$554$378$53
31 years$1,520$1,076$746$509$342$44
32 years$1,456$1,018$696$467$309$37
33 years$1,397$964$650$430$280$31
34 years$1,341$914$607$395$253$25
35 years$1,288$867$568$364$229$21
36 years$1,239$823$531$335$208$18
37 years$1,192$781$497$309$188$15
38 years$1,148$743$466$285$171$12
39 years$1,106$706$436$263$155$10
40 years$1,066$672$409$242$141$9
41 years$1,029$639$383$223$127$7
42 years$993$609$360$206$116$6
43 years$959$580$337$190$105$5
44 years$927$553$317$176$95$4
45 years$896$527$297$162$87$3
46 years$867$503$279$150$79$3
47 years$839$480$262$139$71$2
48 years$812$458$247$128$65$2
49 years$786$438$232$118$59$2
50 years$762$418$218$109$53$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $780,000, adding $4,225 every year, while hoping to spend $24,567 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: 61/25/14 Blend
45$780,000$780,000$780,000$780,000
46$863,918$822,578$810,488$913,389
47$925,899$836,745$811,500$961,329
48$993,378$850,783$811,723$1,010,469
49$1,066,891$864,660$811,104$1,063,502
50$1,147,026$878,340$809,588$1,120,809
51$1,234,431$891,788$807,118$1,182,805
52$1,329,819$904,961$803,633$1,249,951
53$1,433,975$917,819$799,069$1,322,755
54$1,547,764$930,316$793,361$1,401,775
55$1,672,136$942,401$786,439$1,487,629
56$1,808,138$954,024$778,229$1,580,997
57$1,956,925$965,127$768,656$1,682,627
58$2,119,764$975,652$757,640$1,793,346
59$2,298,056$985,534$745,096$1,914,065
60$2,493,338$994,706$730,937$2,045,789
61$2,707,307$1,003,095$715,072$2,189,626
62$2,941,830$1,010,624$697,405$2,346,795
63$3,198,963$1,017,211$677,834$2,518,645
64$3,480,971$1,022,768$656,255$2,706,659
65$3,790,349$1,027,203$632,559$2,912,473
66$4,129,845$1,030,416$606,629$3,137,894
67$4,502,484$1,032,302$578,347$3,384,910
68$4,911,602$1,032,749$547,586$3,655,715
69$5,360,871$1,031,639$514,216$3,952,728
70$5,854,336$1,028,846$478,098$4,278,615
71$6,396,455$1,024,235$439,091$4,636,318
72$6,992,136$1,017,665$397,043$5,029,077
73$7,646,788$1,008,986$351,799$5,460,467
74$8,366,371$998,037$303,195$5,934,427
75$9,157,450$984,649$251,060$6,455,302
76$10,027,256$968,643$195,217$7,027,881
77$10,983,758$949,829$135,479$7,657,444
78$12,035,736$928,005$71,652$8,349,811
79$13,192,862$902,958$3,533$9,111,400
80$14,465,794$874,463$0$9,949,286
81$15,866,273$842,280$0$10,881,597
82$17,407,238$806,157$0$11,907,836
83$19,102,943$765,825$0$13,036,987
84$20,969,096$721,003$0$14,279,532
85$23,023,002$671,390$0$15,647,028
86$25,283,730$616,671$0$17,152,210
87$27,772,293$556,510$0$18,809,114
88$30,511,843$490,555$0$20,633,210
89$33,527,890$418,431$0$22,641,551
90$36,848,545$339,745$0$24,852,927
91$40,504,782$254,078$0$27,288,052
92$44,530,733$160,990$0$29,969,753
93$48,964,006$60,017$0$32,923,190
94$53,846,043$0$0$36,176,091
95$59,222,512$0$0$39,772,591
96$65,143,731$0$0$43,751,757
97$71,665,152$0$0$48,134,353
98$78,847,875$0$0$52,961,451
99$86,759,232$0$0$58,278,310
100$95,473,417$0$0$64,134,806