Can I retire at age 46 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$66,063$65,475$64,901$64,340$63,793$61,950
2 years$32,705$32,095$31,505$30,933$30,378$28,535
3 years$21,586$20,975$20,386$19,819$19,273$17,489
4 years$16,029$15,419$14,836$14,278$13,746$12,034
5 years$12,695$12,088$11,513$10,967$10,449$8,814
6 years$10,473$9,871$9,304$8,771$8,268$6,712
7 years$8,886$8,290$7,732$7,211$6,724$5,246
8 years$7,697$7,106$6,557$6,049$5,578$4,178
9 years$6,773$6,187$5,648$5,152$4,698$3,374
10 years$6,033$5,453$4,924$4,441$4,003$2,753
11 years$5,429$4,855$4,335$3,865$3,442$2,265
12 years$4,926$4,357$3,847$3,390$2,983$1,876
13 years$4,500$3,938$3,437$2,993$2,601$1,561
14 years$4,136$3,579$3,088$2,657$2,280$1,305
15 years$3,820$3,270$2,788$2,370$2,008$1,095
16 years$3,544$3,000$2,528$2,122$1,775$921
17 years$3,301$2,763$2,300$1,906$1,573$777
18 years$3,085$2,553$2,100$1,718$1,399$656
19 years$2,892$2,366$1,922$1,552$1,247$555
20 years$2,719$2,199$1,764$1,406$1,114$471
21 years$2,562$2,048$1,623$1,276$997$399
22 years$2,420$1,912$1,496$1,160$893$339
23 years$2,290$1,788$1,381$1,057$802$288
24 years$2,172$1,675$1,277$964$721$245
25 years$2,063$1,572$1,183$880$649$209
26 years$1,962$1,478$1,097$805$584$178
27 years$1,869$1,391$1,019$737$527$151
28 years$1,783$1,310$947$675$475$129
29 years$1,703$1,236$881$619$429$110
30 years$1,628$1,167$821$568$388$94
31 years$1,559$1,104$765$522$351$80
32 years$1,494$1,044$714$479$317$68
33 years$1,433$989$667$441$287$58
34 years$1,375$937$623$406$260$50
35 years$1,321$889$582$373$235$42
36 years$1,271$844$545$344$213$36
37 years$1,223$801$510$317$193$31
38 years$1,177$762$478$292$175$26
39 years$1,134$724$447$269$159$23
40 years$1,094$689$419$248$144$19
41 years$1,055$656$393$229$131$16
42 years$1,019$625$369$211$119$14
43 years$984$595$346$195$108$12
44 years$951$567$325$180$98$10
45 years$919$541$305$166$89$9
46 years$889$516$287$154$81$7
47 years$860$492$269$142$73$6
48 years$833$470$253$131$66$5
49 years$806$449$238$121$60$5
50 years$781$429$224$112$55$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $800,000, adding $4,043 every year, while hoping to spend $55,476 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: 84/7/9 Blend
45$800,000$800,000$800,000$800,000
46$885,770$843,370$830,970$958,777
47$917,093$825,669$799,782$989,393
48$949,751$805,242$765,689$1,015,124
49$983,822$781,896$728,537$1,041,670
50$1,019,391$755,427$688,161$1,069,078
51$1,056,546$725,621$644,392$1,097,400
52$1,095,387$692,249$597,052$1,126,694
53$1,136,018$655,071$545,955$1,157,023
54$1,178,554$613,832$490,907$1,188,456
55$1,223,119$568,261$431,704$1,221,068
56$1,269,846$518,075$368,135$1,254,944
57$1,318,881$462,972$299,979$1,290,176
58$1,370,383$402,633$227,004$1,326,865
59$1,424,523$336,723$148,969$1,365,124
60$1,481,487$264,885$65,622$1,405,075
61$1,541,479$186,745$0$1,446,856
62$1,604,719$101,905$0$1,492,856
63$1,671,450$9,947$0$1,547,872
64$1,741,933$0$0$1,605,806
65$1,816,455$0$0$1,673,790
66$1,895,329$0$0$1,746,561
67$1,978,897$0$0$1,823,668
68$2,067,531$0$0$1,905,458
69$2,161,640$0$0$1,992,308
70$2,261,669$0$0$2,084,629
71$2,368,107$0$0$2,182,875
72$2,481,487$0$0$2,287,538
73$2,602,395$0$0$2,399,160
74$2,731,471$0$0$2,518,334
75$2,869,418$0$0$2,645,708
76$3,017,004$0$0$2,781,997
77$3,175,073$0$0$2,927,978
78$3,344,551$0$0$3,084,510
79$3,526,453$0$0$3,252,532
80$3,721,892$0$0$3,433,073
81$3,932,092$0$0$3,627,267
82$4,158,396$0$0$3,836,355
83$4,402,277$0$0$4,061,702
84$4,665,355$0$0$4,304,806
85$4,949,410$0$0$4,567,314
86$5,256,396$0$0$4,851,037
87$5,588,463$0$0$5,157,961
88$5,947,972$0$0$5,490,273
89$6,337,519$0$0$5,850,376
90$6,759,960$0$0$6,240,913
91$7,218,435$0$0$6,664,790
92$7,716,396$0$0$7,125,201
93$8,257,642$0$0$7,625,664
94$8,846,352$0$0$8,170,045
95$9,487,122$0$0$8,762,600
96$10,185,012$0$0$9,408,011
97$10,945,589$0$0$10,111,430
98$11,774,978$0$0$10,878,527
99$12,679,922$0$0$11,715,543
100$13,667,843$0$0$12,629,349