Can I retire at age 49 with 640,000?

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 $640,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$52,851$52,380$51,921$51,472$51,034$50,649
2 years$26,164$25,676$25,204$24,746$24,302$23,914
3 years$17,269$16,780$16,309$15,855$15,418$15,039
4 years$12,823$12,335$11,869$11,423$10,996$10,629
5 years$10,156$9,671$9,211$8,774$8,359$8,004
6 years$8,378$7,897$7,443$7,016$6,614$6,273
7 years$7,109$6,632$6,186$5,769$5,379$5,051
8 years$6,158$5,685$5,246$4,839$4,463$4,148
9 years$5,418$4,950$4,518$4,122$3,758$3,457
10 years$4,827$4,363$3,939$3,553$3,202$2,914
11 years$4,343$3,884$3,468$3,092$2,754$2,479
12 years$3,941$3,486$3,078$2,712$2,387$2,124
13 years$3,600$3,150$2,750$2,395$2,081$1,831
14 years$3,309$2,864$2,471$2,126$1,824$1,587
15 years$3,056$2,616$2,231$1,896$1,606$1,381
16 years$2,835$2,400$2,022$1,697$1,420$1,206
17 years$2,641$2,210$1,840$1,525$1,259$1,056
18 years$2,468$2,042$1,680$1,374$1,119$927
19 years$2,314$1,893$1,538$1,242$998$816
20 years$2,175$1,759$1,411$1,125$891$719
21 years$2,050$1,638$1,298$1,021$797$635
22 years$1,936$1,529$1,197$928$715$562
23 years$1,832$1,430$1,105$845$642$498
24 years$1,737$1,340$1,022$771$577$441
25 years$1,650$1,258$946$704$519$392
26 years$1,570$1,182$878$644$467$348
27 years$1,495$1,112$815$589$421$309
28 years$1,426$1,048$758$540$380$275
29 years$1,362$989$705$495$343$245
30 years$1,303$934$657$454$310$218
31 years$1,247$883$612$417$280$194
32 years$1,195$835$571$384$254$173
33 years$1,146$791$533$353$230$155
34 years$1,100$750$498$324$208$138
35 years$1,057$711$466$299$188$123
36 years$1,016$675$436$275$171$110
37 years$978$641$408$253$155$98
38 years$942$609$382$234$140$87
39 years$908$579$358$215$127$78
40 years$875$551$335$199$115$70
41 years$844$525$315$183$105$62
42 years$815$500$295$169$95$56
43 years$787$476$277$156$86$50
44 years$760$454$260$144$78$44
45 years$735$433$244$133$71$40
46 years$711$413$229$123$64$36
47 years$688$394$215$114$59$32
48 years$666$376$202$105$53$28
49 years$645$359$190$97$48$25
50 years$625$343$179$90$44$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $640,000, adding $3,928 every year, while hoping to spend $33,361 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: 59/15/26 Blend
48$640,000$640,000$640,000$640,000
49$709,332$675,412$665,492$745,985
50$746,188$673,011$652,290$769,038
51$785,685$669,375$637,528$790,264
52$828,057$664,407$621,117$812,711
53$873,562$658,006$602,968$836,504
54$922,482$650,064$582,983$861,784
55$975,125$640,467$561,063$888,708
56$1,031,832$629,094$537,103$917,449
57$1,092,976$615,818$510,994$948,202
58$1,158,968$600,501$482,621$981,180
59$1,230,259$583,001$451,864$1,016,623
60$1,307,342$563,165$418,598$1,054,794
61$1,390,764$540,833$382,694$1,095,987
62$1,481,121$515,834$344,014$1,140,528
63$1,579,073$487,987$302,416$1,188,779
64$1,685,343$457,103$257,751$1,241,140
65$1,800,726$422,979$209,864$1,298,054
66$1,926,098$385,403$158,593$1,360,014
67$2,062,422$344,149$103,767$1,427,565
68$2,210,755$298,979$45,210$1,501,311
69$2,372,265$249,642$0$1,581,920
70$2,548,234$195,871$0$1,674,927
71$2,740,071$137,387$0$1,790,054
72$2,949,332$73,893$0$1,915,707
73$3,177,726$5,075$0$2,052,950
74$3,427,133$0$0$2,202,952
75$3,699,627$0$0$2,378,461
76$3,997,487$0$0$2,571,275
77$4,323,224$0$0$2,782,187
78$4,679,604$0$0$3,012,994
79$5,069,669$0$0$3,265,674
80$5,496,773$0$0$3,542,407
81$5,964,606$0$0$3,845,591
82$6,477,234$0$0$4,177,869
83$7,039,134$0$0$4,542,149
84$7,655,235$0$0$4,941,638
85$8,330,970$0$0$5,379,864
86$9,072,319$0$0$5,860,716
87$9,885,870$0$0$6,388,476
88$10,778,881$0$0$6,967,862
89$11,759,346$0$0$7,604,070
90$12,836,071$0$0$8,302,823
91$14,018,755$0$0$9,070,429
92$15,318,086$0$0$9,913,833
93$16,745,834$0$0$10,840,687
94$18,314,971$0$0$11,859,424
95$20,039,782$0$0$12,979,331
96$21,936,010$0$0$14,210,641
97$24,020,997$0$0$15,564,629
98$26,313,848$0$0$17,053,715
99$28,835,617$0$0$18,691,585
100$31,609,494$0$0$20,493,317