Can I retire at age 49 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$61,934$61,383$60,844$60,319$59,806$57,615
2 years$30,661$30,090$29,536$29,000$28,479$26,296
3 years$20,237$19,664$19,112$18,580$18,068$15,962
4 years$15,027$14,455$13,909$13,386$12,886$10,873
5 years$11,901$11,333$10,794$10,282$9,796$7,881
6 years$9,818$9,254$8,723$8,222$7,751$5,935
7 years$8,331$7,772$7,249$6,760$6,304$4,587
8 years$7,216$6,662$6,147$5,671$5,230$3,610
9 years$6,349$5,800$5,295$4,830$4,404$2,879
10 years$5,656$5,113$4,616$4,164$3,753$2,320
11 years$5,090$4,551$4,064$3,624$3,227$1,884
12 years$4,618$4,085$3,607$3,179$2,797$1,540
13 years$4,219$3,692$3,222$2,806$2,439$1,265
14 years$3,877$3,356$2,895$2,491$2,138$1,043
15 years$3,581$3,066$2,614$2,222$1,882$862
16 years$3,323$2,813$2,370$1,989$1,664$715
17 years$3,095$2,590$2,157$1,787$1,475$594
18 years$2,892$2,394$1,969$1,611$1,312$495
19 years$2,712$2,218$1,802$1,455$1,169$412
20 years$2,549$2,061$1,654$1,318$1,044$344
21 years$2,402$1,920$1,521$1,196$934$287
22 years$2,269$1,792$1,402$1,088$838$240
23 years$2,147$1,676$1,295$991$752$201
24 years$2,036$1,571$1,197$903$676$168
25 years$1,934$1,474$1,109$825$608$141
26 years$1,839$1,385$1,029$754$548$118
27 years$1,752$1,304$955$691$494$99
28 years$1,672$1,228$888$633$446$83
29 years$1,597$1,159$826$580$402$70
30 years$1,527$1,094$770$532$364$58
31 years$1,461$1,035$717$489$329$49
32 years$1,400$979$669$449$297$41
33 years$1,343$927$625$413$269$35
34 years$1,289$879$584$380$244$29
35 years$1,239$833$546$350$221$24
36 years$1,191$791$511$322$200$20
37 years$1,146$751$478$297$181$17
38 years$1,104$714$448$274$164$14
39 years$1,063$679$419$252$149$12
40 years$1,025$646$393$233$135$10
41 years$989$615$369$215$123$9
42 years$955$586$346$198$111$7
43 years$922$558$324$183$101$6
44 years$891$532$305$169$92$5
45 years$861$507$286$156$83$4
46 years$833$484$269$144$76$4
47 years$806$462$252$133$69$3
48 years$780$441$237$123$62$2
49 years$756$421$223$114$57$2
50 years$732$402$210$105$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $750,000, adding $2,266 every year, while hoping to spend $38,684 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: 48/32/20 Blend
48$750,000$750,000$750,000$750,000
49$828,837$789,087$777,462$863,837
50$872,219$786,593$762,348$885,926
51$918,730$782,680$745,431$905,811
52$968,647$777,238$726,609$926,593
53$1,022,276$770,150$705,778$948,374
54$1,079,952$761,292$682,825$971,266
55$1,142,044$750,531$657,636$995,396
56$1,208,955$737,730$630,090$1,020,906
57$1,281,129$722,739$600,058$1,047,955
58$1,359,054$705,403$567,410$1,076,722
59$1,443,265$685,556$532,007$1,107,405
60$1,534,353$663,023$493,703$1,140,227
61$1,632,963$637,617$452,349$1,175,438
62$1,739,808$609,143$407,785$1,213,315
63$1,855,670$577,393$359,847$1,254,169
64$1,981,409$542,146$308,363$1,298,345
65$2,117,973$503,171$253,153$1,346,230
66$2,266,401$460,222$194,029$1,398,252
67$2,427,840$413,038$130,795$1,454,889
68$2,603,549$361,346$63,245$1,516,674
69$2,794,914$304,855$0$1,584,199
70$3,003,461$243,259$0$1,660,008
71$3,230,869$176,234$0$1,757,473
72$3,478,986$103,438$0$1,863,944
73$3,749,846$24,509$0$1,980,376
74$4,045,688$0$0$2,107,825
75$4,368,976$0$0$2,268,916
76$4,722,424$0$0$2,454,550
77$5,109,021$0$0$2,657,676
78$5,532,055$0$0$2,880,033
79$5,995,148$0$0$3,123,536
80$6,502,290$0$0$3,390,292
81$7,057,873$0$0$3,682,625
82$7,666,735$0$0$4,003,091
83$8,334,203$0$0$4,354,507
84$9,066,144$0$0$4,739,975
85$9,869,022$0$0$5,162,913
86$10,749,954$0$0$5,627,082
87$11,716,782$0$0$6,136,630
88$12,778,142$0$0$6,696,123
89$13,943,547$0$0$7,310,591
90$15,223,477$0$0$7,985,576
91$16,629,478$0$0$8,727,183
92$18,174,267$0$0$9,542,136
93$19,871,854$0$0$10,437,845
94$21,737,676$0$0$11,422,473
95$23,788,736$0$0$12,505,011
96$26,043,770$0$0$13,695,368
97$28,523,418$0$0$15,004,459
98$31,250,420$0$0$16,444,311
99$34,249,831$0$0$18,028,173
100$37,549,255$0$0$19,770,645