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%19.7%
1 years$70,192$69,567$68,957$68,362$67,780$65,142
2 years$34,749$34,101$33,474$32,866$32,276$29,651
3 years$22,936$22,286$21,660$21,058$20,477$17,947
4 years$17,030$16,382$15,763$15,171$14,605$12,188
5 years$13,488$12,844$12,233$11,653$11,102$8,806
6 years$11,127$10,488$9,886$9,319$8,785$6,610
7 years$9,442$8,808$8,215$7,661$7,144$5,091
8 years$8,178$7,550$6,967$6,427$5,927$3,992
9 years$7,196$6,574$6,001$5,474$4,991$3,173
10 years$6,410$5,794$5,232$4,719$4,253$2,547
11 years$5,768$5,158$4,606$4,107$3,658$2,060
12 years$5,234$4,630$4,088$3,602$3,170$1,677
13 years$4,781$4,184$3,652$3,180$2,764$1,372
14 years$4,394$3,803$3,281$2,823$2,423$1,126
15 years$4,059$3,474$2,963$2,518$2,133$927
16 years$3,766$3,188$2,686$2,254$1,885$766
17 years$3,507$2,936$2,444$2,026$1,672$633
18 years$3,278$2,713$2,231$1,825$1,486$525
19 years$3,073$2,514$2,043$1,649$1,325$436
20 years$2,889$2,336$1,875$1,494$1,183$362
21 years$2,722$2,176$1,724$1,356$1,059$301
22 years$2,571$2,031$1,589$1,233$949$250
23 years$2,433$1,900$1,467$1,123$852$209
24 years$2,307$1,780$1,357$1,024$766$174
25 years$2,191$1,670$1,257$935$689$145
26 years$2,085$1,570$1,166$855$621$121
27 years$1,986$1,478$1,082$783$560$101
28 years$1,894$1,392$1,006$717$505$84
29 years$1,809$1,313$936$658$456$70
30 years$1,730$1,240$872$603$412$59
31 years$1,656$1,173$813$554$373$49
32 years$1,587$1,109$759$509$337$41
33 years$1,522$1,051$708$468$305$34
34 years$1,461$996$662$431$276$28
35 years$1,404$945$619$397$250$24
36 years$1,350$897$579$365$227$20
37 years$1,299$851$542$337$205$17
38 years$1,251$809$507$310$186$14
39 years$1,205$769$475$286$169$12
40 years$1,162$732$446$264$153$10
41 years$1,121$697$418$243$139$8
42 years$1,082$664$392$225$126$7
43 years$1,045$632$368$207$114$6
44 years$1,010$603$345$192$104$5
45 years$976$575$324$177$94$4
46 years$944$548$304$163$86$3
47 years$914$523$286$151$78$3
48 years$885$500$269$139$71$2
49 years$857$477$253$129$64$2
50 years$830$456$238$119$58$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $850,000, adding $2,021 every year, while hoping to spend $40,013 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: 51/30/19 Blend
45$850,000$850,000$850,000$850,000
46$938,785$893,735$880,560$981,633
47$991,967$894,954$867,485$1,012,603
48$1,049,233$894,892$852,631$1,041,949
49$1,110,957$893,444$835,896$1,072,998
50$1,177,550$890,498$817,174$1,105,926
51$1,249,463$885,936$796,353$1,140,926
52$1,327,194$879,632$773,316$1,178,215
53$1,411,287$871,453$747,941$1,218,035
54$1,502,342$861,258$720,101$1,260,653
55$1,601,018$848,897$689,662$1,306,366
56$1,708,041$834,212$656,484$1,355,504
57$1,824,207$817,035$620,423$1,408,434
58$1,950,394$797,187$581,324$1,465,563
59$2,087,565$774,480$539,030$1,527,343
60$2,236,782$748,715$493,372$1,594,274
61$2,399,212$719,680$444,179$1,666,913
62$2,576,140$687,152$391,267$1,745,875
63$2,768,979$650,895$334,447$1,831,843
64$2,979,285$610,659$273,521$1,925,573
65$3,208,769$566,179$208,281$2,027,906
66$3,459,318$517,176$138,513$2,139,769
67$3,733,005$463,355$63,990$2,262,192
68$4,032,115$404,402$0$2,396,314
69$4,359,161$339,988$0$2,546,546
70$4,716,913$269,765$0$2,725,184
71$5,108,419$193,365$0$2,920,837
72$5,537,036$110,397$0$3,135,270
73$6,006,459$20,453$0$3,370,431
74$6,520,760$0$0$3,628,471
75$7,084,421$0$0$3,937,151
76$7,702,380$0$0$4,283,056
77$8,380,075$0$0$4,662,490
78$9,123,494$0$0$5,078,817
79$9,939,234$0$0$5,535,743
80$10,834,561$0$0$6,037,351
81$11,817,480$0$0$6,588,136
82$12,896,807$0$0$7,193,054
83$14,082,255$0$0$7,857,560
84$15,384,523$0$0$8,587,667
85$16,815,397$0$0$9,389,996
86$18,387,862$0$0$10,271,844
87$20,116,224$0$0$11,241,249
88$22,016,241$0$0$12,307,066
89$24,105,278$0$0$13,479,052
90$26,402,463$0$0$14,767,955
91$28,928,871$0$0$16,185,618
92$31,707,724$0$0$17,745,090
93$34,764,606$0$0$19,460,747
94$38,127,704$0$0$21,348,430
95$41,828,078$0$0$23,425,590
96$45,899,946$0$0$25,711,459
97$50,381,016$0$0$28,227,225
98$55,312,832$0$0$30,996,235
99$60,741,171$0$0$34,044,214
100$66,716,473$0$0$37,399,507