Can I retire at age 49 with 630,000?

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 $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%13%
1 years$52,025$51,561$51,109$50,668$50,237$49,609
2 years$25,755$25,275$24,810$24,360$23,922$23,291
3 years$16,999$16,518$16,054$15,607$15,177$14,561
4 years$12,622$12,142$11,683$11,244$10,825$10,229
5 years$9,997$9,520$9,067$8,637$8,229$7,655
6 years$8,247$7,773$7,327$6,907$6,511$5,961
7 years$6,998$6,528$6,089$5,678$5,295$4,768
8 years$6,061$5,596$5,164$4,764$4,393$3,889
9 years$5,333$4,872$4,448$4,057$3,699$3,218
10 years$4,751$4,295$3,878$3,498$3,152$2,693
11 years$4,275$3,823$3,414$3,044$2,711$2,274
12 years$3,879$3,432$3,030$2,670$2,349$1,934
13 years$3,544$3,101$2,707$2,357$2,049$1,654
14 years$3,257$2,819$2,432$2,092$1,796$1,422
15 years$3,008$2,575$2,196$1,866$1,581$1,227
16 years$2,791$2,363$1,991$1,671$1,397$1,063
17 years$2,600$2,176$1,812$1,501$1,239$923
18 years$2,430$2,011$1,654$1,353$1,102$804
19 years$2,278$1,863$1,514$1,222$982$701
20 years$2,141$1,732$1,389$1,107$877$613
21 years$2,018$1,613$1,278$1,005$785$536
22 years$1,906$1,506$1,178$914$704$470
23 years$1,804$1,408$1,088$832$632$413
24 years$1,710$1,319$1,006$759$568$363
25 years$1,624$1,238$932$693$511$319
26 years$1,545$1,164$864$634$460$281
27 years$1,472$1,095$802$580$415$247
28 years$1,404$1,032$746$531$374$218
29 years$1,341$973$694$487$338$192
30 years$1,282$919$646$447$305$169
31 years$1,228$869$603$411$276$149
32 years$1,176$822$562$378$250$132
33 years$1,128$779$525$347$226$116
34 years$1,083$738$491$319$205$103
35 years$1,041$700$459$294$185$91
36 years$1,001$664$429$271$168$80
37 years$963$631$402$250$152$71
38 years$927$600$376$230$138$63
39 years$893$570$352$212$125$55
40 years$861$543$330$196$114$49
41 years$831$517$310$180$103$43
42 years$802$492$290$167$93$38
43 years$775$469$273$154$85$34
44 years$749$447$256$142$77$30
45 years$724$426$240$131$70$26
46 years$700$406$226$121$63$23
47 years$677$388$212$112$58$21
48 years$656$370$199$103$52$18
49 years$635$354$187$96$48$16
50 years$615$338$176$88$43$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $630,000, adding $2,134 every year, while hoping to spend $35,027 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: 42/50/8 Blend
48$630,000$630,000$630,000$630,000
49$696,461$663,071$653,306$723,992
50$730,232$658,293$637,924$738,608
51$766,273$652,107$620,852$750,716
52$804,780$644,407$601,997$763,025
53$845,965$635,081$581,261$775,569
54$890,062$624,009$558,543$788,383
55$937,329$611,065$533,734$801,513
56$988,045$596,117$506,723$815,009
57$1,042,521$579,022$477,394$828,931
58$1,101,095$559,630$445,623$843,345
59$1,164,139$537,784$411,283$858,332
60$1,232,061$513,316$374,241$873,982
61$1,305,311$486,048$334,358$890,397
62$1,384,380$455,792$291,487$907,696
63$1,469,812$422,350$245,476$926,012
64$1,562,200$385,513$196,168$945,498
65$1,662,200$345,059$143,395$966,328
66$1,770,531$300,753$86,985$988,696
67$1,887,983$252,348$26,757$1,012,824
68$2,015,427$199,582$0$1,038,963
69$2,153,817$142,179$0$1,070,595
70$2,304,208$79,847$0$1,107,482
71$2,467,755$12,278$0$1,147,711
72$2,645,733$0$0$1,191,700
73$2,839,542$0$0$1,273,399
74$3,050,723$0$0$1,369,856
75$3,280,974$0$0$1,475,097
76$3,532,161$0$0$1,589,988
77$3,806,340$0$0$1,715,476
78$4,105,773$0$0$1,852,609
79$4,432,951$0$0$2,002,537
80$4,790,615$0$0$2,166,528
81$5,181,784$0$0$2,345,978
82$5,609,781$0$0$2,542,423
83$6,078,268$0$0$2,757,556
84$6,591,273$0$0$2,993,240
85$7,153,235$0$0$3,251,529
86$7,769,041$0$0$3,534,681
87$8,444,073$0$0$3,845,187
88$9,184,261$0$0$4,185,789
89$9,996,133$0$0$4,559,507
90$10,886,881$0$0$4,969,667
91$11,864,426$0$0$5,419,933
92$12,937,493$0$0$5,914,343
93$14,115,695$0$0$6,457,342
94$15,409,619$0$0$7,053,828
95$16,830,927$0$0$7,709,199
96$18,392,470$0$0$8,429,397
97$20,108,400$0$0$9,220,972
98$21,994,312$0$0$10,091,138
99$24,067,385$0$0$11,047,845
100$26,346,546$0$0$12,099,850