Can I retire at age 46 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$70,192$69,567$68,957$68,362$67,780$67,268
2 years$34,749$34,101$33,474$32,866$32,276$31,760
3 years$22,936$22,286$21,660$21,058$20,477$19,973
4 years$17,030$16,382$15,763$15,171$14,605$14,116
5 years$13,488$12,844$12,233$11,653$11,102$10,631
6 years$11,127$10,488$9,886$9,319$8,785$8,331
7 years$9,442$8,808$8,215$7,661$7,144$6,709
8 years$8,178$7,550$6,967$6,427$5,927$5,509
9 years$7,196$6,574$6,001$5,474$4,991$4,591
10 years$6,410$5,794$5,232$4,719$4,253$3,870
11 years$5,768$5,158$4,606$4,107$3,658$3,293
12 years$5,234$4,630$4,088$3,602$3,170$2,821
13 years$4,781$4,184$3,652$3,180$2,764$2,432
14 years$4,394$3,803$3,281$2,823$2,423$2,108
15 years$4,059$3,474$2,963$2,518$2,133$1,834
16 years$3,766$3,188$2,686$2,254$1,885$1,601
17 years$3,507$2,936$2,444$2,026$1,672$1,402
18 years$3,278$2,713$2,231$1,825$1,486$1,231
19 years$3,073$2,514$2,043$1,649$1,325$1,084
20 years$2,889$2,336$1,875$1,494$1,183$955
21 years$2,722$2,176$1,724$1,356$1,059$844
22 years$2,571$2,031$1,589$1,233$949$746
23 years$2,433$1,900$1,467$1,123$852$661
24 years$2,307$1,780$1,357$1,024$766$586
25 years$2,191$1,670$1,257$935$689$520
26 years$2,085$1,570$1,166$855$621$462
27 years$1,986$1,478$1,082$783$560$411
28 years$1,894$1,392$1,006$717$505$365
29 years$1,809$1,313$936$658$456$325
30 years$1,730$1,240$872$603$412$290
31 years$1,656$1,173$813$554$373$258
32 years$1,587$1,109$759$509$337$230
33 years$1,522$1,051$708$468$305$205
34 years$1,461$996$662$431$276$183
35 years$1,404$945$619$397$250$163
36 years$1,350$897$579$365$227$146
37 years$1,299$851$542$337$205$130
38 years$1,251$809$507$310$186$116
39 years$1,205$769$475$286$169$104
40 years$1,162$732$446$264$153$93
41 years$1,121$697$418$243$139$83
42 years$1,082$664$392$225$126$74
43 years$1,045$632$368$207$114$66
44 years$1,010$603$345$192$104$59
45 years$976$575$324$177$94$53
46 years$944$548$304$163$86$47
47 years$914$523$286$151$78$42
48 years$885$500$269$139$71$38
49 years$857$477$253$129$64$34
50 years$830$456$238$119$58$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $850,000, adding $6,219 every year, while hoping to spend $27,051 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: 75/19/6 Blend
45$850,000$850,000$850,000$850,000
46$943,115$898,065$884,890$1,012,786
47$1,010,531$913,288$885,752$1,074,684
48$1,083,916$928,350$885,736$1,138,418
49$1,163,852$943,216$884,784$1,207,470
50$1,250,976$957,845$882,836$1,282,358
51$1,345,992$972,196$879,827$1,363,650
52$1,449,673$986,223$875,691$1,451,972
53$1,562,871$999,879$870,358$1,548,014
54$1,686,523$1,013,113$863,755$1,652,537
55$1,821,661$1,025,868$855,803$1,766,377
56$1,969,422$1,038,087$846,423$1,890,456
57$2,131,055$1,049,705$835,531$2,025,792
58$2,307,939$1,060,657$823,037$2,173,503
59$2,501,589$1,070,870$808,850$2,334,822
60$2,713,676$1,080,268$792,872$2,511,110
61$2,946,040$1,088,769$775,001$2,703,864
62$3,200,705$1,096,288$755,133$2,914,734
63$3,479,902$1,102,731$733,155$3,145,539
64$3,786,088$1,108,001$708,952$3,398,282
65$4,121,969$1,111,993$682,401$3,675,172
66$4,490,525$1,114,596$653,377$3,978,642
67$4,895,040$1,115,693$621,747$4,311,374
68$5,339,130$1,115,157$587,371$4,676,324
69$5,826,777$1,112,856$550,104$5,076,748
70$6,362,371$1,108,649$509,795$5,516,235
71$6,950,746$1,102,385$466,286$5,998,743
72$7,597,226$1,093,906$419,410$6,528,629
73$8,307,678$1,083,042$368,996$7,110,700
74$9,088,566$1,069,616$314,862$7,750,249
75$9,947,010$1,053,437$256,820$8,453,113
76$10,890,854$1,034,305$194,673$9,225,723
77$11,928,742$1,012,007$128,215$10,075,168
78$13,070,196$986,318$57,232$11,009,260
79$14,325,706$956,998$0$12,036,608
80$15,706,833$923,796$0$13,167,887
81$17,226,312$886,443$0$14,416,356
82$18,898,175$844,658$0$15,789,890
83$20,737,884$798,142$0$17,301,208
84$22,762,474$746,576$0$18,964,325
85$24,990,716$689,628$0$20,794,691
86$27,443,293$626,944$0$22,809,328
87$30,142,993$558,148$0$25,026,997
88$33,114,928$482,847$0$27,468,374
89$36,386,767$400,623$0$30,156,244
90$39,988,998$311,034$0$33,115,718
91$43,955,216$213,615$0$36,374,469
92$48,322,440$107,874$0$39,962,996
93$53,131,460$0$0$43,914,908
94$58,427,224$0$0$48,268,648
95$64,259,261$0$0$53,088,151
96$70,682,149$0$0$58,395,971
97$77,756,027$0$0$64,241,812
98$85,547,166$0$0$70,680,447
99$94,128,592$0$0$77,772,230
100$103,580,775$0$0$85,583,671