Can I retire at age 49 with 530,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$43,767$43,377$42,997$42,625$42,263$40,976
2 years$21,667$21,263$20,872$20,493$20,125$18,839
3 years$14,301$13,896$13,506$13,130$12,768$11,524
4 years$10,619$10,215$9,829$9,459$9,106$7,914
5 years$8,410$8,009$7,627$7,266$6,923$5,784
6 years$6,938$6,540$6,164$5,811$5,478$4,395
7 years$5,887$5,492$5,122$4,777$4,455$3,427
8 years$5,099$4,708$4,344$4,007$3,696$2,723
9 years$4,487$4,099$3,742$3,413$3,112$2,193
10 years$3,997$3,613$3,262$2,942$2,652$1,785
11 years$3,597$3,216$2,872$2,561$2,281$1,465
12 years$3,263$2,887$2,549$2,246$1,976$1,210
13 years$2,981$2,609$2,277$1,983$1,723$1,005
14 years$2,740$2,371$2,046$1,760$1,511$838
15 years$2,531$2,166$1,847$1,570$1,330$701
16 years$2,348$1,988$1,675$1,406$1,176$588
17 years$2,187$1,830$1,524$1,263$1,042$494
18 years$2,044$1,691$1,391$1,138$927$416
19 years$1,916$1,568$1,274$1,028$826$351
20 years$1,801$1,457$1,169$931$738$297
21 years$1,697$1,357$1,075$845$660$251
22 years$1,603$1,267$991$769$592$213
23 years$1,517$1,185$915$700$531$180
24 years$1,439$1,110$846$638$478$153
25 years$1,366$1,042$784$583$430$130
26 years$1,300$979$727$533$387$110
27 years$1,238$921$675$488$349$93
28 years$1,181$868$627$447$315$79
29 years$1,128$819$584$410$284$67
30 years$1,079$773$544$376$257$57
31 years$1,033$731$507$346$232$49
32 years$990$692$473$318$210$41
33 years$949$655$442$292$190$35
34 years$911$621$413$269$172$30
35 years$875$589$386$247$156$25
36 years$842$559$361$228$141$22
37 years$810$531$338$210$128$18
38 years$780$505$316$193$116$16
39 years$752$480$296$178$105$13
40 years$725$456$278$165$95$11
41 years$699$435$261$152$87$10
42 years$675$414$244$140$79$8
43 years$652$394$229$129$71$7
44 years$630$376$215$119$65$6
45 years$609$358$202$110$59$5
46 years$589$342$190$102$53$4
47 years$570$326$178$94$48$4
48 years$552$311$168$87$44$3
49 years$534$297$158$80$40$3
50 years$517$284$148$74$36$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $530,000, adding $4,825 every year, while hoping to spend $27,979 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: 61/17/22 Blend
48$530,000$530,000$530,000$530,000
49$589,037$560,947$552,732$621,283
50$619,349$558,664$541,479$641,401
51$651,816$555,331$528,911$659,847
52$686,627$550,868$514,956$679,354
53$723,990$545,188$499,534$700,029
54$764,136$538,201$482,567$721,992
55$807,315$529,810$463,970$745,376
56$853,803$519,913$443,655$770,327
57$903,903$508,401$421,530$797,010
58$957,949$495,160$397,499$825,606
59$1,016,305$480,069$371,461$856,317
60$1,079,374$462,998$343,311$889,365
61$1,147,597$443,812$312,939$924,998
62$1,221,461$422,367$280,230$963,492
63$1,301,497$398,510$245,066$1,005,151
64$1,388,294$372,082$207,320$1,050,312
65$1,482,497$342,910$166,861$1,099,348
66$1,584,815$310,816$123,555$1,152,675
67$1,696,029$275,610$77,257$1,210,750
68$1,816,999$237,089$27,820$1,274,082
69$1,948,668$195,042$0$1,343,233
70$2,092,077$149,244$0$1,424,678
71$2,248,371$99,459$0$1,520,603
72$2,418,808$45,435$0$1,625,271
73$2,604,774$0$0$1,739,567
74$2,807,794$0$0$1,866,915
75$3,029,549$0$0$2,015,336
76$3,271,887$0$0$2,177,573
77$3,536,843$0$0$2,354,993
78$3,826,658$0$0$2,549,103
79$4,143,800$0$0$2,761,559
80$4,490,985$0$0$2,994,188
81$4,871,205$0$0$3,249,000
82$5,287,755$0$0$3,528,209
83$5,744,263$0$0$3,834,254
84$6,244,725$0$0$4,169,820
85$6,793,543$0$0$4,537,863
86$7,395,563$0$0$4,941,644
87$8,056,126$0$0$5,384,748
88$8,781,112$0$0$5,871,130
89$9,576,999$0$0$6,405,143
90$10,450,924$0$0$6,991,582
91$11,410,746$0$0$7,635,731
92$12,465,126$0$0$8,343,410
93$13,623,603$0$0$9,121,030
94$14,896,686$0$0$9,975,656
95$16,295,953$0$0$10,915,068
96$17,834,159$0$0$11,947,840
97$19,525,357$0$0$13,083,417
98$21,385,029$0$0$14,332,205
99$23,430,231$0$0$15,705,669
100$25,679,758$0$0$17,216,441