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%17.7%
1 years$66,063$65,475$64,901$64,340$63,793$61,801
2 years$32,705$32,095$31,505$30,933$30,378$28,388
3 years$21,586$20,975$20,386$19,819$19,273$17,348
4 years$16,029$15,419$14,836$14,278$13,746$11,901
5 years$12,695$12,088$11,513$10,967$10,449$8,690
6 years$10,473$9,871$9,304$8,771$8,268$6,595
7 years$8,886$8,290$7,732$7,211$6,724$5,137
8 years$7,697$7,106$6,557$6,049$5,578$4,077
9 years$6,773$6,187$5,648$5,152$4,698$3,280
10 years$6,033$5,453$4,924$4,441$4,003$2,666
11 years$5,429$4,855$4,335$3,865$3,442$2,185
12 years$4,926$4,357$3,847$3,390$2,983$1,803
13 years$4,500$3,938$3,437$2,993$2,601$1,494
14 years$4,136$3,579$3,088$2,657$2,280$1,244
15 years$3,820$3,270$2,788$2,370$2,008$1,039
16 years$3,544$3,000$2,528$2,122$1,775$871
17 years$3,301$2,763$2,300$1,906$1,573$731
18 years$3,085$2,553$2,100$1,718$1,399$615
19 years$2,892$2,366$1,922$1,552$1,247$518
20 years$2,719$2,199$1,764$1,406$1,114$437
21 years$2,562$2,048$1,623$1,276$997$369
22 years$2,420$1,912$1,496$1,160$893$312
23 years$2,290$1,788$1,381$1,057$802$264
24 years$2,172$1,675$1,277$964$721$223
25 years$2,063$1,572$1,183$880$649$189
26 years$1,962$1,478$1,097$805$584$160
27 years$1,869$1,391$1,019$737$527$136
28 years$1,783$1,310$947$675$475$115
29 years$1,703$1,236$881$619$429$98
30 years$1,628$1,167$821$568$388$83
31 years$1,559$1,104$765$522$351$70
32 years$1,494$1,044$714$479$317$60
33 years$1,433$989$667$441$287$51
34 years$1,375$937$623$406$260$43
35 years$1,321$889$582$373$235$37
36 years$1,271$844$545$344$213$31
37 years$1,223$801$510$317$193$26
38 years$1,177$762$478$292$175$22
39 years$1,134$724$447$269$159$19
40 years$1,094$689$419$248$144$16
41 years$1,055$656$393$229$131$14
42 years$1,019$625$369$211$119$12
43 years$984$595$346$195$108$10
44 years$951$567$325$180$98$8
45 years$919$541$305$166$89$7
46 years$889$516$287$154$81$6
47 years$860$492$269$142$73$5
48 years$833$470$253$131$66$4
49 years$806$449$238$121$60$4
50 years$781$429$224$112$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $800,000, adding $4,254 every year, while hoping to spend $44,183 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: 39/37/24 Blend
45$800,000$800,000$800,000$800,000
46$885,988$843,588$831,188$914,080
47$929,348$837,913$812,022$929,149
48$975,651$830,480$790,734$940,981
49$1,025,148$821,155$767,205$952,899
50$1,078,119$809,797$741,312$964,938
51$1,134,868$796,258$712,926$977,139
52$1,195,729$780,379$681,914$989,551
53$1,261,068$761,992$648,133$1,002,231
54$1,331,288$740,921$611,436$1,015,247
55$1,406,831$716,977$571,671$1,028,679
56$1,488,181$689,963$528,675$1,042,617
57$1,575,871$659,667$482,282$1,057,167
58$1,670,487$625,867$432,315$1,072,452
59$1,772,670$588,328$378,591$1,088,610
60$1,883,128$546,801$320,919$1,105,801
61$2,002,636$501,024$259,099$1,124,208
62$2,132,048$450,717$192,922$1,144,037
63$2,272,302$395,587$122,170$1,165,524
64$2,424,429$335,324$46,615$1,188,935
65$2,589,565$269,598$0$1,214,572
66$2,768,956$198,065$0$1,251,486
67$2,963,976$120,356$0$1,304,655
68$3,176,135$36,087$0$1,362,627
69$3,407,093$0$0$1,425,959
70$3,658,680$0$0$1,517,722
71$3,932,906$0$0$1,633,856
72$4,231,987$0$0$1,760,617
73$4,558,358$0$0$1,899,052
74$4,914,702$0$0$2,050,310
75$5,303,972$0$0$2,215,660
76$5,729,419$0$0$2,396,496
77$6,194,621$0$0$2,594,355
78$6,703,519$0$0$2,810,928
79$7,260,452$0$0$3,048,078
80$7,870,197$0$0$3,307,856
81$8,538,015$0$0$3,592,521
82$9,269,700$0$0$3,904,561
83$10,071,632$0$0$4,246,715
84$10,950,838$0$0$4,622,001
85$11,915,058$0$0$5,033,744
86$12,972,817$0$0$5,485,603
87$14,133,503$0$0$5,981,613
88$15,407,459$0$0$6,526,214
89$16,806,078$0$0$7,124,301
90$18,341,908$0$0$7,781,263
91$20,028,773$0$0$8,503,040
92$21,881,902$0$0$9,296,173
93$23,918,071$0$0$10,167,869
94$26,155,763$0$0$11,126,067
95$28,615,338$0$0$12,179,515
96$31,319,227$0$0$13,337,851
97$34,292,145$0$0$14,611,692
98$37,561,318$0$0$16,012,736
99$41,156,745$0$0$17,553,873
100$45,111,477$0$0$19,249,302