Can I retire at age 46 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$68,128$67,521$66,929$66,351$65,787$63,503
2 years$33,727$33,098$32,490$31,899$31,327$29,050
3 years$22,261$21,630$21,023$20,438$19,875$17,676
4 years$16,529$15,900$15,299$14,725$14,175$12,071
5 years$13,091$12,466$11,873$11,310$10,776$8,772
6 years$10,800$10,180$9,595$9,045$8,526$6,625
7 years$9,164$8,549$7,974$7,436$6,934$5,134
8 years$7,938$7,328$6,762$6,238$5,753$4,053
9 years$6,984$6,380$5,824$5,313$4,845$3,243
10 years$6,222$5,624$5,078$4,580$4,128$2,621
11 years$5,599$5,007$4,470$3,986$3,550$2,136
12 years$5,080$4,494$3,967$3,496$3,076$1,751
13 years$4,641$4,061$3,545$3,087$2,683$1,443
14 years$4,265$3,691$3,185$2,740$2,352$1,194
15 years$3,940$3,372$2,875$2,444$2,071$991
16 years$3,655$3,094$2,607$2,188$1,830$825
17 years$3,404$2,849$2,372$1,966$1,623$688
18 years$3,182$2,633$2,166$1,772$1,443$575
19 years$2,983$2,440$1,982$1,601$1,286$481
20 years$2,804$2,267$1,819$1,450$1,149$403
21 years$2,642$2,112$1,674$1,316$1,028$338
22 years$2,496$1,972$1,542$1,196$921$284
23 years$2,362$1,844$1,424$1,090$827$238
24 years$2,239$1,728$1,317$994$743$200
25 years$2,127$1,621$1,220$908$669$168
26 years$2,023$1,524$1,131$830$603$142
27 years$1,928$1,434$1,051$760$543$119
28 years$1,839$1,351$977$696$490$100
29 years$1,756$1,275$909$638$443$85
30 years$1,679$1,204$847$586$400$71
31 years$1,608$1,138$789$538$362$60
32 years$1,540$1,077$736$494$327$51
33 years$1,477$1,020$688$455$296$43
34 years$1,418$967$642$418$268$36
35 years$1,363$917$601$385$243$30
36 years$1,310$870$562$355$220$25
37 years$1,261$826$526$327$199$21
38 years$1,214$785$492$301$181$18
39 years$1,170$747$461$278$164$15
40 years$1,128$711$432$256$149$13
41 years$1,088$676$406$236$135$11
42 years$1,050$644$380$218$122$9
43 years$1,014$614$357$201$111$8
44 years$980$585$335$186$101$6
45 years$948$558$315$172$92$5
46 years$917$532$295$159$83$5
47 years$887$508$278$147$75$4
48 years$859$485$261$135$69$3
49 years$831$463$245$125$62$3
50 years$805$442$231$116$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $825,000, adding $2,203 every year, while hoping to spend $49,561 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: 61/31/8 Blend
45$825,000$825,000$825,000$825,000
46$911,422$867,697$854,910$965,345
47$951,655$857,482$830,817$991,481
48$994,330$845,105$804,256$1,014,081
49$1,039,645$830,408$775,091$1,037,489
50$1,087,814$813,224$743,182$1,061,784
51$1,139,074$793,374$708,382$1,087,056
52$1,193,682$770,672$670,535$1,113,403
53$1,251,920$744,917$629,480$1,140,938
54$1,314,097$715,900$585,049$1,169,785
55$1,380,553$683,397$537,066$1,200,086
56$1,451,658$647,172$485,347$1,231,999
57$1,527,820$606,977$429,699$1,265,700
58$1,609,486$562,546$369,922$1,301,389
59$1,697,145$513,603$305,806$1,339,285
60$1,791,335$459,851$237,132$1,379,637
61$1,892,647$400,979$163,671$1,422,722
62$2,001,728$336,659$85,186$1,468,848
63$2,119,291$266,541$1,426$1,518,361
64$2,246,117$190,260$0$1,571,646
65$2,383,064$107,426$0$1,636,639
66$2,531,078$17,631$0$1,706,928
67$2,691,194$0$0$1,782,949
68$2,864,554$0$0$1,892,458
69$3,052,410$0$0$2,017,694
70$3,256,141$0$0$2,153,570
71$3,477,264$0$0$2,301,101
72$3,717,443$0$0$2,461,409
73$3,978,515$0$0$2,635,724
74$4,262,495$0$0$2,825,402
75$4,571,604$0$0$3,031,933
76$4,908,283$0$0$3,256,958
77$5,275,221$0$0$3,502,282
78$5,675,374$0$0$3,769,893
79$6,111,999$0$0$4,061,976
80$6,588,677$0$0$4,380,941
81$7,109,355$0$0$4,729,435
82$7,678,374$0$0$5,110,378
83$8,300,514$0$0$5,526,981
84$8,981,040$0$0$5,982,781
85$9,725,746$0$0$6,481,672
86$10,541,014$0$0$7,027,943
87$11,433,872$0$0$7,626,315
88$12,412,058$0$0$8,281,988
89$13,484,095$0$0$9,000,691
90$14,659,368$0$0$9,788,731
91$15,948,217$0$0$10,653,054
92$17,362,026$0$0$11,601,314
93$18,913,337$0$0$12,641,938
94$20,615,964$0$0$13,784,210
95$22,485,123$0$0$15,038,357
96$24,537,575$0$0$16,415,644
97$26,791,786$0$0$17,928,481
98$29,268,094$0$0$19,590,538
99$31,988,907$0$0$21,416,875
100$34,978,911$0$0$23,424,084