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%17.7%
1 years$70,192$69,567$68,957$68,362$67,780$65,663
2 years$34,749$34,101$33,474$32,866$32,276$30,162
3 years$22,936$22,286$21,660$21,058$20,477$18,433
4 years$17,030$16,382$15,763$15,171$14,605$12,645
5 years$13,488$12,844$12,233$11,653$11,102$9,233
6 years$11,127$10,488$9,886$9,319$8,785$7,007
7 years$9,442$8,808$8,215$7,661$7,144$5,459
8 years$8,178$7,550$6,967$6,427$5,927$4,332
9 years$7,196$6,574$6,001$5,474$4,991$3,485
10 years$6,410$5,794$5,232$4,719$4,253$2,833
11 years$5,768$5,158$4,606$4,107$3,658$2,322
12 years$5,234$4,630$4,088$3,602$3,170$1,915
13 years$4,781$4,184$3,652$3,180$2,764$1,588
14 years$4,394$3,803$3,281$2,823$2,423$1,322
15 years$4,059$3,474$2,963$2,518$2,133$1,104
16 years$3,766$3,188$2,686$2,254$1,885$925
17 years$3,507$2,936$2,444$2,026$1,672$777
18 years$3,278$2,713$2,231$1,825$1,486$653
19 years$3,073$2,514$2,043$1,649$1,325$550
20 years$2,889$2,336$1,875$1,494$1,183$464
21 years$2,722$2,176$1,724$1,356$1,059$392
22 years$2,571$2,031$1,589$1,233$949$331
23 years$2,433$1,900$1,467$1,123$852$280
24 years$2,307$1,780$1,357$1,024$766$237
25 years$2,191$1,670$1,257$935$689$201
26 years$2,085$1,570$1,166$855$621$170
27 years$1,986$1,478$1,082$783$560$144
28 years$1,894$1,392$1,006$717$505$122
29 years$1,809$1,313$936$658$456$104
30 years$1,730$1,240$872$603$412$88
31 years$1,656$1,173$813$554$373$75
32 years$1,587$1,109$759$509$337$64
33 years$1,522$1,051$708$468$305$54
34 years$1,461$996$662$431$276$46
35 years$1,404$945$619$397$250$39
36 years$1,350$897$579$365$227$33
37 years$1,299$851$542$337$205$28
38 years$1,251$809$507$310$186$24
39 years$1,205$769$475$286$169$20
40 years$1,162$732$446$264$153$17
41 years$1,121$697$418$243$139$15
42 years$1,082$664$392$225$126$12
43 years$1,045$632$368$207$114$11
44 years$1,010$603$345$192$104$9
45 years$976$575$324$177$94$8
46 years$944$548$304$163$86$6
47 years$914$523$286$151$78$5
48 years$885$500$269$139$71$5
49 years$857$477$253$129$64$4
50 years$830$456$238$119$58$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $850,000, adding $3,113 every year, while hoping to spend $52,210 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: 71/8/21 Blend
45$850,000$850,000$850,000$850,000
46$939,911$894,861$881,686$1,001,591
47$980,231$883,158$855,672$1,031,409
48$1,022,914$869,132$827,036$1,057,559
49$1,068,145$852,614$795,635$1,084,898
50$1,116,128$833,424$761,322$1,113,538
51$1,167,085$811,374$723,938$1,143,604
52$1,221,258$786,262$683,320$1,175,233
53$1,278,914$757,876$639,299$1,208,578
54$1,340,343$725,992$591,695$1,243,810
55$1,405,864$690,371$540,323$1,281,117
56$1,475,825$650,762$484,986$1,320,709
57$1,550,609$606,899$425,483$1,362,819
58$1,630,634$558,501$361,600$1,407,705
59$1,716,361$505,269$293,116$1,455,654
60$1,808,293$446,891$219,799$1,506,984
61$1,906,984$383,033$141,407$1,562,047
62$2,013,040$313,345$57,687$1,621,234
63$2,127,127$237,456$0$1,684,978
64$2,249,976$154,974$0$1,760,852
65$2,382,392$65,486$0$1,856,551
66$2,525,256$0$0$1,959,787
67$2,679,538$0$0$2,074,049
68$2,846,302$0$0$2,203,821
69$3,026,721$0$0$2,344,254
70$3,222,080$0$0$2,496,353
71$3,433,794$0$0$2,661,226
72$3,663,420$0$0$2,840,089
73$3,912,669$0$0$3,034,279
74$4,183,421$0$0$3,245,268
75$4,477,747$0$0$3,474,675
76$4,797,925$0$0$3,724,281
77$5,146,459$0$0$3,996,046
78$5,526,107$0$0$4,292,124
79$5,939,903$0$0$4,614,890
80$6,391,184$0$0$4,966,955
81$6,883,627$0$0$5,351,193
82$7,421,276$0$0$5,770,767
83$8,008,585$0$0$6,229,162
84$8,650,454$0$0$6,730,210
85$9,352,281$0$0$7,278,135
86$10,120,009$0$0$7,877,583
87$10,960,179$0$0$8,533,672
88$11,879,996$0$0$9,252,039
89$12,887,393$0$0$10,038,889
90$13,991,108$0$0$10,901,057
91$15,200,762$0$0$11,846,070
92$16,526,951$0$0$12,882,216
93$17,981,346$0$0$14,018,627
94$19,576,801$0$0$15,265,357
95$21,327,476$0$0$16,633,485
96$23,248,966$0$0$18,135,210
97$25,358,450$0$0$19,783,972
98$27,674,850$0$0$21,594,575
99$30,219,014$0$0$23,583,328
100$33,013,904$0$0$25,768,195