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%16.4%
1 years$72,257$71,613$70,985$70,372$69,774$67,949
2 years$35,771$35,104$34,459$33,833$33,226$31,400
3 years$23,610$22,941$22,297$21,677$21,080$19,310
4 years$17,531$16,864$16,227$15,617$15,034$13,334
5 years$13,885$13,222$12,593$11,995$11,429$9,803
6 years$11,455$10,797$10,177$9,593$9,043$7,493
7 years$9,719$9,067$8,457$7,887$7,355$5,880
8 years$8,419$7,772$7,172$6,616$6,101$4,702
9 years$7,407$6,767$6,177$5,635$5,138$3,813
10 years$6,599$5,965$5,385$4,858$4,378$3,125
11 years$5,938$5,310$4,741$4,228$3,765$2,583
12 years$5,387$4,766$4,208$3,708$3,263$2,149
13 years$4,922$4,307$3,759$3,274$2,845$1,797
14 years$4,523$3,915$3,378$2,906$2,494$1,510
15 years$4,178$3,576$3,050$2,592$2,196$1,273
16 years$3,877$3,281$2,765$2,321$1,941$1,076
17 years$3,611$3,022$2,516$2,085$1,721$912
18 years$3,375$2,792$2,297$1,879$1,530$775
19 years$3,164$2,588$2,103$1,698$1,364$659
20 years$2,974$2,405$1,930$1,538$1,218$561
21 years$2,802$2,240$1,775$1,396$1,090$479
22 years$2,647$2,091$1,636$1,269$977$409
23 years$2,505$1,956$1,510$1,156$877$350
24 years$2,375$1,832$1,397$1,054$788$299
25 years$2,256$1,720$1,294$963$709$256
26 years$2,146$1,616$1,200$880$639$219
27 years$2,044$1,521$1,114$806$576$188
28 years$1,950$1,433$1,036$738$520$161
29 years$1,863$1,352$964$677$469$138
30 years$1,781$1,277$898$621$424$118
31 years$1,705$1,207$837$571$383$101
32 years$1,634$1,142$781$524$347$87
33 years$1,567$1,082$729$482$314$75
34 years$1,504$1,025$681$444$284$64
35 years$1,445$972$637$408$257$55
36 years$1,390$923$596$376$233$47
37 years$1,337$877$558$347$211$41
38 years$1,288$833$522$319$192$35
39 years$1,241$792$489$295$174$30
40 years$1,196$754$459$272$158$26
41 years$1,154$717$430$251$143$22
42 years$1,114$683$403$231$130$19
43 years$1,076$651$379$214$118$16
44 years$1,040$620$355$197$107$14
45 years$1,005$592$334$182$97$12
46 years$972$564$313$168$88$10
47 years$941$539$294$155$80$9
48 years$911$514$277$144$73$8
49 years$882$491$260$133$66$7
50 years$854$469$244$123$60$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $875,000, adding $5,169 every year, while hoping to spend $42,481 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: 31/44/25 Blend
45$875,000$875,000$875,000$875,000
46$969,582$923,207$909,644$992,045
47$1,023,280$923,245$894,918$1,009,712
48$1,081,031$921,860$878,274$1,024,590
49$1,143,204$918,940$859,605$1,039,748
50$1,210,204$914,361$838,795$1,055,240
51$1,282,476$907,995$815,725$1,071,126
52$1,360,507$899,706$790,271$1,087,480
53$1,444,835$889,347$762,301$1,104,383
54$1,536,049$876,767$731,679$1,121,930
55$1,634,799$861,800$698,263$1,140,232
56$1,741,796$844,276$661,902$1,159,413
57$1,857,824$824,011$622,441$1,179,617
58$1,983,746$800,811$579,716$1,201,007
59$2,120,509$774,472$533,558$1,223,768
60$2,269,156$744,777$483,788$1,248,111
61$2,430,835$711,495$430,219$1,274,272
62$2,606,807$674,385$372,658$1,302,522
63$2,798,461$633,189$310,902$1,333,164
64$3,007,324$587,637$244,738$1,366,540
65$3,235,080$537,440$173,945$1,403,034
66$3,483,579$482,295$98,293$1,443,080
67$3,754,858$421,881$17,539$1,487,163
68$4,051,160$355,859$0$1,535,828
69$4,374,953$283,872$0$1,607,995
70$4,728,957$205,540$0$1,692,221
71$5,116,164$120,465$0$1,784,659
72$5,539,869$28,224$0$1,886,240
73$6,003,700$0$0$1,997,998
74$6,511,653$0$0$2,155,760
75$7,068,127$0$0$2,343,697
76$7,677,969$0$0$2,549,797
77$8,346,516$0$0$2,775,882
78$9,079,643$0$0$3,023,956
79$9,883,826$0$0$3,296,229
80$10,766,195$0$0$3,595,135
81$11,734,603$0$0$3,923,354
82$12,797,701$0$0$4,283,839
83$13,965,020$0$0$4,679,843
84$15,247,057$0$0$5,114,950
85$16,655,377$0$0$5,593,107
86$18,202,718$0$0$6,118,663
87$19,903,115$0$0$6,696,411
88$21,772,031$0$0$7,331,629
89$23,826,498$0$0$8,030,132
90$26,085,282$0$0$8,798,330
91$28,569,060$0$0$9,643,281
92$31,300,610$0$0$10,572,764
93$34,305,030$0$0$11,595,349
94$37,609,970$0$0$12,720,479
95$41,245,899$0$0$13,958,558
96$45,246,383$0$0$15,321,049
97$49,648,408$0$0$16,820,585
98$54,492,727$0$0$18,471,081
99$59,824,243$0$0$20,287,875
100$65,692,430$0$0$22,287,863