Can I retire at age 49 with 610,000?

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 $610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$50,373$49,925$49,487$49,059$48,642$46,694
2 years$24,937$24,473$24,023$23,586$23,163$21,224
3 years$16,460$15,993$15,544$15,112$14,696$12,828
4 years$12,222$11,757$11,312$10,887$10,481$8,699
5 years$9,680$9,217$8,779$8,363$7,967$6,275
6 years$7,985$7,527$7,095$6,688$6,304$4,702
7 years$6,776$6,321$5,896$5,498$5,127$3,615
8 years$5,869$5,418$5,000$4,612$4,253$2,830
9 years$5,164$4,718$4,306$3,929$3,582$2,245
10 years$4,600$4,158$3,754$3,387$3,052$1,799
11 years$4,140$3,702$3,305$2,947$2,625$1,452
12 years$3,756$3,323$2,933$2,585$2,275$1,180
13 years$3,431$3,003$2,621$2,282$1,984$963
14 years$3,153$2,729$2,355$2,026$1,739$789
15 years$2,913$2,493$2,126$1,807$1,531$648
16 years$2,703$2,288$1,928$1,618$1,353$534
17 years$2,517$2,107$1,754$1,454$1,200$441
18 years$2,353$1,947$1,601$1,310$1,067$364
19 years$2,205$1,804$1,466$1,184$951$302
20 years$2,073$1,677$1,345$1,072$849$250
21 years$1,954$1,562$1,237$973$760$208
22 years$1,845$1,458$1,140$885$681$172
23 years$1,746$1,363$1,053$806$612$143
24 years$1,656$1,277$974$735$550$119
25 years$1,573$1,199$902$671$495$99
26 years$1,496$1,127$837$614$446$82
27 years$1,425$1,060$777$562$402$68
28 years$1,360$999$722$515$362$57
29 years$1,299$943$672$472$327$47
30 years$1,242$890$626$433$296$40
31 years$1,189$841$584$398$267$33
32 years$1,139$796$544$366$242$27
33 years$1,092$754$508$336$219$23
34 years$1,049$715$475$309$198$19
35 years$1,008$678$444$285$179$16
36 years$969$643$415$262$163$13
37 years$932$611$389$242$147$11
38 years$898$581$364$223$134$9
39 years$865$552$341$205$121$8
40 years$834$525$320$189$110$6
41 years$805$500$300$175$100$5
42 years$777$476$281$161$90$4
43 years$750$454$264$149$82$4
44 years$725$433$248$137$75$3
45 years$701$412$233$127$68$3
46 years$678$394$218$117$61$2
47 years$656$376$205$108$56$2
48 years$635$358$193$100$51$1
49 years$615$342$181$93$46$1
50 years$596$327$170$86$42$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $610,000, adding $6,918 every year, while hoping to spend $22,368 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: 57/33/10 Blend
48$610,000$610,000$610,000$610,000
49$679,356$647,026$637,571$716,050
50$724,851$654,931$635,130$749,514
51$774,237$662,473$631,858$782,866
52$827,886$669,612$627,703$818,668
53$886,211$676,303$622,611$857,156
54$949,661$682,499$616,526$898,591
55$1,018,735$688,150$609,388$943,264
56$1,093,980$693,203$601,135$991,492
57$1,175,996$697,600$591,703$1,043,627
58$1,265,446$701,281$581,024$1,100,057
59$1,363,059$704,181$569,026$1,161,210
60$1,469,638$706,233$555,635$1,227,560
61$1,586,065$707,363$540,774$1,299,627
62$1,713,314$707,494$524,360$1,377,988
63$1,852,454$706,543$506,308$1,463,278
64$2,004,665$704,424$486,530$1,556,197
65$2,171,244$701,044$464,931$1,657,519
66$2,353,620$696,304$441,416$1,768,099
67$2,553,367$690,101$415,881$1,888,877
68$2,772,219$682,324$388,221$2,020,894
69$3,012,083$672,856$358,324$2,165,297
70$3,275,061$661,572$326,074$2,323,350
71$3,563,470$648,341$291,350$2,496,450
72$3,879,858$633,024$254,025$2,686,138
73$4,227,034$615,473$213,965$2,894,113
74$4,608,093$595,533$171,035$3,122,250
75$5,026,442$573,037$125,087$3,372,618
76$5,485,834$547,811$75,973$3,647,499
77$5,990,405$519,670$23,534$3,949,410
78$6,544,711$488,418$0$4,281,127
79$7,153,769$453,848$0$4,649,174
80$7,823,108$415,741$0$5,056,374
81$8,558,819$373,867$0$5,503,959
82$9,367,612$327,979$0$5,996,059
83$10,256,879$277,821$0$6,537,228
84$11,234,766$223,119$0$7,132,488
85$12,310,244$163,584$0$7,787,374
86$13,493,202$98,913$0$8,507,993
87$14,794,532$28,782$0$9,301,075
88$16,226,235$0$0$10,174,040
89$17,801,536$0$0$11,152,192
90$19,535,005$0$0$12,240,119
91$21,442,696$0$0$13,437,452
92$23,542,298$0$0$14,755,301
93$25,853,301$0$0$16,205,909
94$28,397,181$0$0$17,802,764
95$31,197,603$0$0$19,560,730
96$34,280,641$0$0$21,496,184
97$37,675,027$0$0$23,627,172
98$41,412,419$0$0$25,973,580
99$45,527,704$0$0$28,557,320
100$50,059,320$0$0$31,402,536