Can I retire at age 49 with 570,000?

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 $570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$47,070$46,651$46,242$45,842$45,453$43,770
2 years$23,302$22,868$22,447$22,040$21,644$19,968
3 years$15,380$14,945$14,525$14,121$13,732$12,115
4 years$11,420$10,986$10,570$10,173$9,794$8,248
5 years$9,045$8,613$8,203$7,814$7,445$5,975
6 years$7,462$7,033$6,629$6,249$5,891$4,498
7 years$6,331$5,906$5,509$5,138$4,791$3,474
8 years$5,484$5,063$4,672$4,310$3,975$2,732
9 years$4,825$4,408$4,024$3,671$3,347$2,178
10 years$4,299$3,886$3,508$3,164$2,852$1,754
11 years$3,868$3,459$3,089$2,754$2,453$1,424
12 years$3,510$3,105$2,741$2,416$2,126$1,163
13 years$3,206$2,806$2,449$2,133$1,853$954
14 years$2,947$2,550$2,200$1,893$1,625$786
15 years$2,722$2,330$1,987$1,688$1,431$650
16 years$2,525$2,138$1,801$1,512$1,264$538
17 years$2,352$1,969$1,639$1,358$1,121$447
18 years$2,198$1,819$1,496$1,224$997$372
19 years$2,061$1,686$1,370$1,106$888$310
20 years$1,937$1,567$1,257$1,002$794$258
21 years$1,826$1,459$1,156$909$710$216
22 years$1,724$1,362$1,066$827$637$180
23 years$1,632$1,274$984$753$571$151
24 years$1,547$1,194$910$687$514$126
25 years$1,470$1,120$843$627$462$105
26 years$1,398$1,053$782$573$416$88
27 years$1,332$991$726$525$375$74
28 years$1,270$934$675$481$339$62
29 years$1,213$881$628$441$306$52
30 years$1,160$832$585$405$276$43
31 years$1,111$786$545$372$250$36
32 years$1,064$744$509$342$226$31
33 years$1,021$705$475$314$205$26
34 years$980$668$444$289$185$21
35 years$942$633$415$266$168$18
36 years$905$601$388$245$152$15
37 years$871$571$363$226$138$13
38 years$839$543$340$208$125$11
39 years$808$516$319$192$113$9
40 years$779$491$299$177$103$7
41 years$752$467$280$163$93$6
42 years$726$445$263$151$85$5
43 years$701$424$247$139$77$4
44 years$677$404$231$128$70$4
45 years$655$385$217$119$63$3
46 years$633$368$204$110$57$3
47 years$613$351$192$101$52$2
48 years$593$335$180$94$47$2
49 years$574$320$169$86$43$2
50 years$557$306$159$80$39$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $570,000, adding $4,806 every year, while hoping to spend $35,129 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: 49/36/15 Blend
48$570,000$570,000$570,000$570,000
49$633,097$602,887$594,052$661,267
50$660,296$595,052$576,576$673,361
51$689,092$585,655$557,337$682,465
52$719,611$574,583$536,239$691,581
53$751,990$561,716$513,182$700,722
54$786,379$546,927$488,059$709,906
55$822,943$530,080$460,763$719,152
56$861,862$511,032$431,177$728,488
57$903,332$489,633$399,182$737,943
58$947,569$465,722$364,652$747,554
59$994,810$439,131$327,456$757,364
60$1,045,312$409,681$287,458$767,425
61$1,099,361$377,182$244,515$777,797
62$1,157,266$341,435$198,476$788,548
63$1,219,370$302,227$149,188$799,760
64$1,286,046$259,337$96,486$811,524
65$1,357,705$212,527$40,201$823,948
66$1,434,799$161,549$0$837,154
67$1,517,823$106,139$0$854,459
68$1,607,320$46,019$0$879,918
69$1,703,889$0$0$907,300
70$1,808,184$0$0$944,412
71$1,920,929$0$0$1,004,285
72$2,042,916$0$0$1,069,116
73$2,175,016$0$0$1,139,376
74$2,318,187$0$0$1,215,580
75$2,473,484$0$0$1,298,297
76$2,642,064$0$0$1,388,151
77$2,825,202$0$0$1,485,829
78$3,024,300$0$0$1,592,087
79$3,240,901$0$0$1,707,756
80$3,476,701$0$0$1,833,752
81$3,733,566$0$0$1,971,081
82$4,013,553$0$0$2,120,852
83$4,318,922$0$0$2,284,284
84$4,652,163$0$0$2,462,719
85$5,016,014$0$0$2,657,637
86$5,413,492$0$0$2,870,664
87$5,847,917$0$0$3,103,590
88$6,322,944$0$0$3,358,389
89$6,842,598$0$0$3,637,232
90$7,411,310$0$0$3,942,509
91$8,033,959$0$0$4,276,855
92$8,715,920$0$0$4,643,168
93$9,463,110$0$0$5,044,643
94$10,282,045$0$0$5,484,797
95$11,179,903$0$0$5,967,502
96$12,164,589$0$0$6,497,026
97$13,244,809$0$0$7,078,068
98$14,430,154$0$0$7,715,803
99$15,731,187$0$0$8,415,935
100$17,159,544$0$0$9,184,744