Can I retire at age 46 with 875,000?

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 $875,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$72,257$71,613$70,985$70,372$69,774$67,298
2 years$35,771$35,104$34,459$33,833$33,226$30,758
3 years$23,610$22,941$22,297$21,677$21,080$18,697
4 years$17,531$16,864$16,227$15,617$15,034$12,755
5 years$13,885$13,222$12,593$11,995$11,429$9,260
6 years$11,455$10,797$10,177$9,593$9,043$6,985
7 years$9,719$9,067$8,457$7,887$7,355$5,407
8 years$8,419$7,772$7,172$6,616$6,101$4,263
9 years$7,407$6,767$6,177$5,635$5,138$3,407
10 years$6,599$5,965$5,385$4,858$4,378$2,751
11 years$5,938$5,310$4,741$4,228$3,765$2,238
12 years$5,387$4,766$4,208$3,708$3,263$1,833
13 years$4,922$4,307$3,759$3,274$2,845$1,508
14 years$4,523$3,915$3,378$2,906$2,494$1,246
15 years$4,178$3,576$3,050$2,592$2,196$1,033
16 years$3,877$3,281$2,765$2,321$1,941$858
17 years$3,611$3,022$2,516$2,085$1,721$715
18 years$3,375$2,792$2,297$1,879$1,530$596
19 years$3,164$2,588$2,103$1,698$1,364$498
20 years$2,974$2,405$1,930$1,538$1,218$417
21 years$2,802$2,240$1,775$1,396$1,090$349
22 years$2,647$2,091$1,636$1,269$977$292
23 years$2,505$1,956$1,510$1,156$877$245
24 years$2,375$1,832$1,397$1,054$788$206
25 years$2,256$1,720$1,294$963$709$173
26 years$2,146$1,616$1,200$880$639$145
27 years$2,044$1,521$1,114$806$576$122
28 years$1,950$1,433$1,036$738$520$103
29 years$1,863$1,352$964$677$469$86
30 years$1,781$1,277$898$621$424$72
31 years$1,705$1,207$837$571$383$61
32 years$1,634$1,142$781$524$347$51
33 years$1,567$1,082$729$482$314$43
34 years$1,504$1,025$681$444$284$36
35 years$1,445$972$637$408$257$31
36 years$1,390$923$596$376$233$26
37 years$1,337$877$558$347$211$22
38 years$1,288$833$522$319$192$18
39 years$1,241$792$489$295$174$15
40 years$1,196$754$459$272$158$13
41 years$1,154$717$430$251$143$11
42 years$1,114$683$403$231$130$9
43 years$1,076$651$379$214$118$8
44 years$1,040$620$355$197$107$6
45 years$1,005$592$334$182$97$5
46 years$972$564$313$168$88$5
47 years$941$539$294$155$80$4
48 years$911$514$277$144$73$3
49 years$882$491$260$133$66$3
50 years$854$469$244$123$60$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $875,000, adding $5,356 every year, while hoping to spend $27,899 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: 80/14/6 Blend
45$875,000$875,000$875,000$875,000
46$969,775$923,400$909,837$1,046,483
47$1,039,007$938,962$910,632$1,113,039
48$1,114,367$954,352$910,519$1,181,813
49$1,196,448$969,531$909,438$1,256,426
50$1,285,907$984,459$907,325$1,337,444
51$1,383,465$999,093$904,116$1,425,494
52$1,489,915$1,013,385$899,740$1,521,263
53$1,606,130$1,027,285$894,126$1,625,511
54$1,733,074$1,040,740$887,197$1,739,073
55$1,871,804$1,053,693$878,875$1,862,869
56$2,023,486$1,066,082$869,075$1,997,912
57$2,189,404$1,077,842$857,711$2,145,319
58$2,370,970$1,088,903$844,691$2,306,320
59$2,569,740$1,099,191$829,920$2,482,270
60$2,787,429$1,108,627$813,297$2,674,662
61$3,025,922$1,117,125$794,719$2,885,140
62$3,287,299$1,124,596$774,074$3,115,517
63$3,573,846$1,130,945$751,249$3,367,789
64$3,888,086$1,136,069$726,123$3,644,156
65$4,232,794$1,139,859$698,571$3,947,042
66$4,611,028$1,142,201$668,462$4,279,118
67$5,026,156$1,142,973$635,659$4,643,327
68$5,481,889$1,142,043$600,019$5,042,912
69$5,982,313$1,139,274$561,390$5,481,446
70$6,531,930$1,134,520$519,618$5,962,867
71$7,135,700$1,127,625$474,539$6,491,516
72$7,799,087$1,118,423$425,981$7,072,173
73$8,528,108$1,106,741$373,765$7,710,108
74$9,329,395$1,092,391$317,707$8,411,129
75$10,210,253$1,075,178$257,610$9,181,634
76$11,178,731$1,054,893$193,271$10,028,677
77$12,243,694$1,031,316$124,479$10,960,028
78$13,414,913$1,004,213$51,011$11,984,253
79$14,703,151$973,336$0$13,110,790
80$16,120,266$938,423$0$14,351,795
81$17,679,325$899,198$0$15,720,575
82$19,394,724$855,367$0$17,226,510
83$21,282,326$806,619$0$18,883,538
84$23,359,606$752,626$0$20,707,021
85$25,645,824$693,043$0$22,713,884
86$28,162,197$627,501$0$24,922,779
87$30,932,106$555,613$0$27,354,263
88$33,981,312$476,970$0$30,030,986
89$37,338,203$391,139$0$32,977,910
90$41,034,057$297,661$0$36,222,545
91$45,103,339$196,056$0$39,795,203
92$49,584,028$85,811$0$43,729,293
93$54,517,973$0$0$48,061,627
94$59,951,285$0$0$52,837,955
95$65,934,779$0$0$58,112,527
96$72,524,445$0$0$63,921,486
97$79,781,983$0$0$70,319,226
98$87,775,382$0$0$77,365,684
99$96,579,559$0$0$85,126,909
100$106,277,073$0$0$93,675,681