Can I retire at age 49 with 520,000?

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 $520,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$42,941$42,559$42,185$41,821$41,466$40,930
2 years$21,258$20,862$20,478$20,106$19,745$19,207
3 years$14,031$13,634$13,251$12,882$12,527$12,002
4 years$10,419$10,022$9,643$9,281$8,935$8,427
5 years$8,251$7,857$7,484$7,129$6,792$6,304
6 years$6,807$6,416$6,048$5,701$5,374$4,906
7 years$5,776$5,388$5,026$4,687$4,371$3,922
8 years$5,003$4,619$4,262$3,932$3,626$3,197
9 years$4,402$4,021$3,671$3,349$3,054$2,644
10 years$3,922$3,545$3,201$2,887$2,602$2,211
11 years$3,529$3,156$2,818$2,512$2,238$1,866
12 years$3,202$2,832$2,501$2,204$1,939$1,586
13 years$2,925$2,560$2,234$1,946$1,691$1,356
14 years$2,688$2,327$2,007$1,727$1,482$1,165
15 years$2,483$2,125$1,812$1,540$1,305$1,005
16 years$2,304$1,950$1,643$1,379$1,153$869
17 years$2,146$1,796$1,495$1,239$1,023$754
18 years$2,005$1,660$1,365$1,117$909$656
19 years$1,880$1,538$1,250$1,009$811$572
20 years$1,767$1,429$1,147$914$724$500
21 years$1,665$1,331$1,055$829$648$437
22 years$1,573$1,243$972$754$581$383
23 years$1,489$1,162$898$687$521$336
24 years$1,412$1,089$830$626$469$295
25 years$1,341$1,022$769$572$422$259
26 years$1,275$960$713$523$380$228
27 years$1,215$904$662$479$342$200
28 years$1,159$852$616$439$309$176
29 years$1,107$804$573$402$279$155
30 years$1,058$759$534$369$252$137
31 years$1,013$717$497$339$228$121
32 years$971$679$464$312$206$106
33 years$931$643$433$287$187$94
34 years$894$609$405$264$169$83
35 years$859$578$379$243$153$73
36 years$826$548$354$224$139$65
37 years$795$521$331$206$126$57
38 years$765$495$310$190$114$50
39 years$737$471$291$175$103$44
40 years$711$448$273$161$94$39
41 years$686$426$256$149$85$35
42 years$662$406$240$137$77$31
43 years$639$387$225$127$70$27
44 years$618$369$211$117$64$24
45 years$597$352$198$108$58$21
46 years$578$335$186$100$52$19
47 years$559$320$175$92$48$17
48 years$541$306$164$85$43$15
49 years$524$292$155$79$39$13
50 years$508$279$145$73$36$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $520,000, adding $4,872 every year, while hoping to spend $37,677 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: 72/11/17 Blend
48$520,000$520,000$520,000$520,000
49$578,065$550,505$542,445$617,063
50$596,940$537,392$520,529$630,489
51$616,477$522,374$496,616$640,163
52$636,705$505,317$470,600$649,783
53$657,651$486,080$442,368$659,336
54$679,349$464,515$411,804$668,811
55$701,830$440,464$378,787$678,193
56$725,130$413,760$343,190$687,469
57$749,285$384,226$304,878$696,624
58$774,335$351,676$263,715$705,644
59$800,322$315,913$219,554$714,515
60$827,290$276,728$172,244$723,220
61$855,287$233,901$121,628$731,744
62$884,364$187,199$67,540$740,073
63$914,574$136,377$9,807$748,190
64$945,975$81,175$0$756,080
65$978,631$21,318$0$773,125
66$1,012,606$0$0$792,422
67$1,047,973$0$0$817,474
68$1,084,808$0$0$846,258
69$1,123,193$0$0$876,259
70$1,163,217$0$0$907,545
71$1,204,975$0$0$940,193
72$1,248,570$0$0$974,283
73$1,294,114$0$0$1,009,903
74$1,341,727$0$0$1,047,149
75$1,391,538$0$0$1,086,122
76$1,443,687$0$0$1,126,933
77$1,498,328$0$0$1,169,703
78$1,555,624$0$0$1,214,561
79$1,615,756$0$0$1,261,650
80$1,678,917$0$0$1,311,123
81$1,745,318$0$0$1,363,148
82$1,815,189$0$0$1,417,904
83$1,888,781$0$0$1,475,591
84$1,966,365$0$0$1,536,423
85$2,048,238$0$0$1,600,636
86$2,134,722$0$0$1,668,484
87$2,226,172$0$0$1,740,247
88$2,322,971$0$0$1,816,230
89$2,425,540$0$0$1,896,764
90$2,534,339$0$0$1,982,215
91$2,649,868$0$0$2,072,979
92$2,772,679$0$0$2,169,491
93$2,903,370$0$0$2,272,228
94$3,042,600$0$0$2,381,708
95$3,191,089$0$0$2,498,504
96$3,349,625$0$0$2,623,240
97$3,519,072$0$0$2,756,600
98$3,700,379$0$0$2,899,335
99$3,894,583$0$0$3,052,269
100$4,102,824$0$0$3,216,304