Can I retire at age 49 with 510,000?

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 $510,000?

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$42,115$41,740$41,374$41,017$40,668$39,225
2 years$20,849$20,461$20,085$19,720$19,366$17,927
3 years$13,761$13,371$12,996$12,635$12,286$10,898
4 years$10,218$9,829$9,458$9,103$8,763$7,435
5 years$8,093$7,706$7,340$6,992$6,661$5,397
6 years$6,676$6,293$5,932$5,591$5,271$4,071
7 years$5,665$5,285$4,929$4,597$4,287$3,152
8 years$4,907$4,530$4,180$3,856$3,556$2,485
9 years$4,317$3,944$3,600$3,285$2,995$1,986
10 years$3,846$3,477$3,139$2,831$2,552$1,603
11 years$3,461$3,095$2,764$2,464$2,195$1,305
12 years$3,140$2,778$2,453$2,161$1,902$1,068
13 years$2,869$2,510$2,191$1,908$1,658$879
14 years$2,637$2,282$1,969$1,694$1,454$726
15 years$2,435$2,085$1,778$1,511$1,280$602
16 years$2,259$1,913$1,612$1,353$1,131$500
17 years$2,104$1,761$1,466$1,215$1,003$417
18 years$1,967$1,628$1,339$1,095$892$348
19 years$1,844$1,508$1,226$990$795$290
20 years$1,733$1,402$1,125$896$710$243
21 years$1,633$1,306$1,035$813$635$203
22 years$1,543$1,219$953$740$570$170
23 years$1,460$1,140$880$674$511$143
24 years$1,384$1,068$814$614$460$120
25 years$1,315$1,002$754$561$414$101
26 years$1,251$942$699$513$372$85
27 years$1,192$887$649$470$336$71
28 years$1,137$835$604$430$303$60
29 years$1,086$788$562$395$274$50
30 years$1,038$744$523$362$247$42
31 years$994$704$488$333$224$36
32 years$952$666$455$306$202$30
33 years$913$630$425$281$183$25
34 years$877$598$397$259$166$21
35 years$842$567$371$238$150$18
36 years$810$538$347$219$136$15
37 years$779$511$325$202$123$13
38 years$751$486$304$186$112$11
39 years$723$462$285$172$101$9
40 years$697$439$267$158$92$8
41 years$673$418$251$146$83$6
42 years$649$398$235$135$76$5
43 years$627$379$221$124$69$4
44 years$606$362$207$115$62$4
45 years$586$345$194$106$57$3
46 years$567$329$183$98$51$3
47 years$548$314$172$91$47$2
48 years$531$300$161$84$42$2
49 years$514$286$152$77$38$2
50 years$498$273$143$71$35$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $510,000, adding $4,663 every year, while hoping to spend $44,653 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: 61/20/19 Blend
48$510,000$510,000$510,000$510,000
49$566,830$539,800$531,895$598,353
50$577,136$518,740$502,203$599,133
51$586,997$495,151$470,020$594,611
52$596,320$468,862$435,215$588,649
53$605,001$439,694$397,651$581,114
54$612,926$407,453$357,187$571,860
55$619,965$371,938$313,673$560,728
56$625,973$332,936$266,953$547,548
57$630,793$290,220$216,866$532,132
58$634,244$243,551$163,242$514,276
59$636,129$192,677$105,903$493,761
60$636,228$137,332$44,664$470,347
61$634,297$77,235$0$443,771
62$630,063$12,088$0$417,945
63$623,227$0$0$398,299
64$613,453$0$0$388,335
65$600,372$0$0$378,784
66$583,573$0$0$366,711
67$562,603$0$0$351,809
68$536,959$0$0$333,739
69$506,083$0$0$312,126
70$469,360$0$0$286,556
71$426,109$0$0$256,569
72$375,575$0$0$221,659
73$316,926$0$0$181,263
74$249,241$0$0$134,763
75$171,502$0$0$81,472
76$82,583$0$0$20,634
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0