Can I retire at age 74 with 446,000?

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 $446,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$36,830$36,502$36,182$35,870$35,565$35,355
2 years$18,233$17,893$17,564$17,245$16,936$16,724
3 years$12,034$11,693$11,365$11,049$10,745$10,538
4 years$8,936$8,596$8,271$7,960$7,663$7,463
5 years$7,077$6,739$6,419$6,114$5,825$5,632
6 years$5,839$5,503$5,187$4,890$4,609$4,423
7 years$4,954$4,622$4,311$4,020$3,749$3,570
8 years$4,291$3,962$3,656$3,372$3,110$2,938
9 years$3,776$3,449$3,149$2,872$2,619$2,454
10 years$3,364$3,040$2,745$2,476$2,232$2,074
11 years$3,027$2,707$2,417$2,155$1,919$1,769
12 years$2,746$2,429$2,145$1,890$1,663$1,519
13 years$2,509$2,195$1,916$1,669$1,450$1,313
14 years$2,306$1,996$1,722$1,481$1,271$1,141
15 years$2,130$1,823$1,554$1,321$1,119$995
16 years$1,976$1,673$1,409$1,183$989$871
17 years$1,840$1,540$1,282$1,063$877$765
18 years$1,720$1,423$1,171$958$780$674
19 years$1,612$1,319$1,072$865$695$595
20 years$1,516$1,226$984$784$621$526
21 years$1,428$1,142$905$711$556$466
22 years$1,349$1,066$834$647$498$413
23 years$1,277$997$770$589$447$367
24 years$1,211$934$712$537$402$327
25 years$1,150$876$659$491$362$291
26 years$1,094$824$612$449$326$259
27 years$1,042$775$568$411$294$231
28 years$994$731$528$376$265$206
29 years$949$689$491$345$239$184
30 years$908$651$458$317$216$165
31 years$869$615$427$291$195$147
32 years$833$582$398$267$177$132
33 years$799$551$372$246$160$118
34 years$767$523$347$226$145$105
35 years$737$496$325$208$131$94
36 years$708$470$304$192$119$84
37 years$682$447$284$177$108$76
38 years$656$425$266$163$98$68
39 years$632$404$249$150$89$61
40 years$610$384$234$138$80$54
41 years$588$366$219$128$73$49
42 years$568$348$206$118$66$44
43 years$548$332$193$109$60$39
44 years$530$316$181$100$54$35
45 years$512$302$170$93$49$32
46 years$495$288$160$86$45$28
47 years$479$275$150$79$41$25
48 years$464$262$141$73$37$23
49 years$449$250$133$68$34$20
50 years$435$239$125$63$31$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 74 starting with $446,000, adding $2,091 every year, while hoping to spend $38,674 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: 76/6/18 Blend
73$446,000$446,000$446,000$446,000
74$493,649$470,011$463,098$528,987
75$502,852$451,893$437,463$534,531
76$511,698$431,590$409,673$535,604
77$520,109$408,956$379,615$535,748
78$527,999$383,834$347,171$534,859
79$535,271$356,058$312,217$532,822
80$541,818$325,454$274,625$529,512
81$547,519$291,836$234,260$524,792
82$552,239$255,010$190,982$518,512
83$555,831$214,769$144,644$510,507
84$558,129$170,895$95,091$500,595
85$558,946$123,158$42,166$488,577
86$558,080$71,314$0$474,237
87$555,302$15,106$0$460,085
88$550,361$0$0$451,930
89$542,975$0$0$444,431
90$532,835$0$0$435,614
91$519,597$0$0$424,191
92$502,880$0$0$409,844
93$482,261$0$0$392,219
94$457,274$0$0$370,924
95$427,402$0$0$345,525
96$392,072$0$0$315,545
97$350,653$0$0$280,451
98$302,445$0$0$239,659
99$246,674$0$0$192,520
100$182,486$0$0$138,318