Can I retire at age 46 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$66,889$66,293$65,712$65,145$64,591$63,286
2 years$33,113$32,497$31,899$31,319$30,757$29,449
3 years$21,856$21,237$20,641$20,067$19,514$18,242
4 years$16,229$15,611$15,021$14,457$13,917$12,693
5 years$12,853$12,240$11,657$11,104$10,580$9,405
6 years$10,604$9,994$9,421$8,880$8,371$7,248
7 years$8,997$8,393$7,829$7,301$6,808$5,736
8 years$7,793$7,195$6,639$6,125$5,648$4,627
9 years$6,857$6,264$5,718$5,217$4,756$3,786
10 years$6,109$5,522$4,985$4,497$4,053$3,132
11 years$5,497$4,916$4,389$3,914$3,486$2,613
12 years$4,987$4,412$3,895$3,433$3,020$2,196
13 years$4,556$3,987$3,480$3,031$2,634$1,855
14 years$4,187$3,624$3,127$2,690$2,309$1,574
15 years$3,868$3,311$2,823$2,399$2,033$1,341
16 years$3,589$3,038$2,560$2,148$1,797$1,146
17 years$3,342$2,797$2,329$1,930$1,593$982
18 years$3,124$2,585$2,126$1,739$1,416$843
19 years$2,929$2,396$1,946$1,572$1,263$725
20 years$2,753$2,226$1,786$1,424$1,128$625
21 years$2,594$2,074$1,643$1,292$1,009$539
22 years$2,450$1,936$1,514$1,175$905$466
23 years$2,319$1,810$1,398$1,070$812$403
24 years$2,199$1,696$1,293$976$730$349
25 years$2,088$1,592$1,198$891$657$302
26 years$1,987$1,496$1,111$815$592$262
27 years$1,892$1,408$1,031$746$533$227
28 years$1,805$1,327$959$683$481$197
29 years$1,724$1,252$892$627$435$171
30 years$1,649$1,182$831$575$393$148
31 years$1,578$1,117$775$528$355$129
32 years$1,512$1,057$723$485$321$112
33 years$1,451$1,001$675$446$291$97
34 years$1,393$949$631$411$263$85
35 years$1,338$900$590$378$238$74
36 years$1,286$854$552$348$216$64
37 years$1,238$811$516$321$196$56
38 years$1,192$771$484$296$177$48
39 years$1,149$733$453$273$161$42
40 years$1,107$698$425$251$146$37
41 years$1,068$664$398$232$132$32
42 years$1,031$632$373$214$120$28
43 years$996$603$350$198$109$24
44 years$962$574$329$183$99$21
45 years$930$548$309$169$90$18
46 years$900$523$290$156$82$16
47 years$871$499$273$144$74$14
48 years$843$476$256$133$67$12
49 years$816$455$241$123$61$10
50 years$791$434$226$114$55$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $810,000, adding $5,701 every year, while hoping to spend $57,564 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: 27/48/25 Blend
45$810,000$810,000$810,000$810,000
46$898,501$855,571$843,016$915,601
47$928,900$836,246$810,009$910,378
48$960,471$814,045$773,967$899,395
49$993,272$788,766$734,728$886,406
50$1,027,366$760,196$692,122$871,278
51$1,062,820$728,108$645,971$853,872
52$1,099,706$692,264$596,089$834,041
53$1,138,102$652,411$542,284$811,630
54$1,178,090$608,281$484,352$786,478
55$1,219,760$559,592$422,083$758,414
56$1,263,208$506,044$355,255$727,259
57$1,308,537$447,321$283,638$692,826
58$1,355,858$383,091$206,990$654,918
59$1,405,293$313,000$125,062$613,327
60$1,456,971$236,675$37,589$567,838
61$1,511,033$153,722$0$518,223
62$1,567,630$63,727$0$479,118
63$1,626,929$0$0$447,069
64$1,689,107$0$0$429,683
65$1,754,358$0$0$446,802
66$1,822,894$0$0$464,826
67$1,894,942$0$0$483,820
68$1,970,752$0$0$503,856
69$2,050,593$0$0$525,013
70$2,134,762$0$0$547,375
71$2,223,579$0$0$571,036
72$2,317,393$0$0$596,097
73$2,416,588$0$0$622,668
74$2,521,579$0$0$650,872
75$2,632,822$0$0$680,840
76$2,750,814$0$0$712,718
77$2,876,099$0$0$746,664
78$3,009,271$0$0$782,851
79$3,150,980$0$0$821,471
80$3,301,939$0$0$862,731
81$3,462,927$0$0$906,860
82$3,634,798$0$0$954,108
83$3,818,487$0$0$1,004,750
84$4,015,020$0$0$1,059,087
85$4,225,521$0$0$1,117,450
86$4,451,224$0$0$1,180,202
87$4,693,482$0$0$1,247,741
88$4,953,779$0$0$1,320,504
89$5,233,746$0$0$1,398,971
90$5,535,172$0$0$1,483,672
91$5,860,022$0$0$1,575,185
92$6,210,455$0$0$1,674,148
93$6,588,843$0$0$1,781,262
94$6,997,791$0$0$1,897,296
95$7,440,164$0$0$2,023,098
96$7,919,110$0$0$2,159,598
97$8,438,090$0$0$2,307,820
98$9,000,910$0$0$2,468,892
99$9,611,754$0$0$2,644,052
100$10,275,227$0$0$2,834,663