Can I retire at age 49 with 630,000?

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 $630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$52,025$51,561$51,109$50,668$50,237$48,943
2 years$25,755$25,275$24,810$24,360$23,922$22,627
3 years$16,999$16,518$16,054$15,607$15,177$13,922
4 years$12,622$12,142$11,683$11,244$10,825$9,618
5 years$9,997$9,520$9,067$8,637$8,229$7,075
6 years$8,247$7,773$7,327$6,907$6,511$5,411
7 years$6,998$6,528$6,089$5,678$5,295$4,248
8 years$6,061$5,596$5,164$4,764$4,393$3,399
9 years$5,333$4,872$4,448$4,057$3,699$2,758
10 years$4,751$4,295$3,878$3,498$3,152$2,262
11 years$4,275$3,823$3,414$3,044$2,711$1,871
12 years$3,879$3,432$3,030$2,670$2,349$1,557
13 years$3,544$3,101$2,707$2,357$2,049$1,303
14 years$3,257$2,819$2,432$2,092$1,796$1,096
15 years$3,008$2,575$2,196$1,866$1,581$924
16 years$2,791$2,363$1,991$1,671$1,397$782
17 years$2,600$2,176$1,812$1,501$1,239$663
18 years$2,430$2,011$1,654$1,353$1,102$564
19 years$2,278$1,863$1,514$1,222$982$480
20 years$2,141$1,732$1,389$1,107$877$409
21 years$2,018$1,613$1,278$1,005$785$349
22 years$1,906$1,506$1,178$914$704$299
23 years$1,804$1,408$1,088$832$632$255
24 years$1,710$1,319$1,006$759$568$219
25 years$1,624$1,238$932$693$511$187
26 years$1,545$1,164$864$634$460$160
27 years$1,472$1,095$802$580$415$138
28 years$1,404$1,032$746$531$374$118
29 years$1,341$973$694$487$338$101
30 years$1,282$919$646$447$305$87
31 years$1,228$869$603$411$276$75
32 years$1,176$822$562$378$250$64
33 years$1,128$779$525$347$226$55
34 years$1,083$738$491$319$205$47
35 years$1,041$700$459$294$185$41
36 years$1,001$664$429$271$168$35
37 years$963$631$402$250$152$30
38 years$927$600$376$230$138$26
39 years$893$570$352$212$125$22
40 years$861$543$330$196$114$19
41 years$831$517$310$180$103$16
42 years$802$492$290$167$93$14
43 years$775$469$273$154$85$12
44 years$749$447$256$142$77$10
45 years$724$426$240$131$70$9
46 years$700$406$226$121$63$8
47 years$677$388$212$112$58$7
48 years$656$370$199$103$52$6
49 years$635$354$187$96$48$5
50 years$615$338$176$88$43$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $630,000, adding $2,931 every year, while hoping to spend $34,560 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: 44/28/28 Blend
48$630,000$630,000$630,000$630,000
49$697,283$663,893$654,128$722,184
50$731,635$659,653$639,270$736,000
51$768,332$654,046$622,756$747,446
52$807,577$646,969$604,493$759,194
53$849,592$638,314$584,387$771,289
54$894,622$627,963$562,335$783,788
55$942,934$615,793$538,234$796,754
56$994,821$601,675$511,973$810,259
57$1,050,606$585,469$483,436$824,384
58$1,110,641$567,031$452,505$839,225
59$1,175,315$546,204$419,053$854,888
60$1,245,055$522,826$382,949$871,493
61$1,320,329$496,723$344,056$889,177
62$1,401,651$467,711$302,230$908,095
63$1,489,588$435,597$257,323$928,420
64$1,584,761$400,176$209,179$950,350
65$1,687,853$361,232$157,633$974,104
66$1,799,617$318,534$102,516$999,930
67$1,920,878$271,842$43,650$1,028,107
68$2,052,545$220,900$0$1,058,947
69$2,195,617$165,437$0$1,098,527
70$2,351,195$105,169$0$1,155,800
71$2,520,488$39,793$0$1,218,207
72$2,704,828$0$0$1,286,303
73$2,905,678$0$0$1,370,250
74$3,124,652$0$0$1,475,208
75$3,363,522$0$0$1,589,775
76$3,624,242$0$0$1,714,898
77$3,908,961$0$0$1,851,616
78$4,220,045$0$0$2,001,076
79$4,560,100$0$0$2,164,540
80$4,931,993$0$0$2,343,397
81$5,338,882$0$0$2,539,176
82$5,784,245$0$0$2,753,563
83$6,271,909$0$0$2,988,412
84$6,806,092$0$0$3,245,766
85$7,391,437$0$0$3,527,875
86$8,033,057$0$0$3,837,217
87$8,736,584$0$0$4,176,521
88$9,508,223$0$0$4,548,794
89$10,354,804$0$0$4,957,345
90$11,283,855$0$0$5,405,823
91$12,303,663$0$0$5,898,245
92$13,423,361$0$0$6,439,036
93$14,653,007$0$0$7,033,072
94$16,003,681$0$0$7,685,723
95$17,487,590$0$0$8,402,905
96$19,118,182$0$0$9,191,137
97$20,910,269$0$0$10,057,600
98$22,880,174$0$0$11,010,204
99$25,045,876$0$0$12,057,665
100$27,427,186$0$0$13,209,587