Can I retire at age 49 with 760,000?

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 $760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$62,760$62,201$61,656$61,123$60,603$58,199
2 years$31,069$30,491$29,930$29,386$28,859$26,466
3 years$20,507$19,926$19,367$18,828$18,309$16,004
4 years$15,227$14,648$14,094$13,565$13,058$10,857
5 years$12,060$11,484$10,937$10,419$9,927$7,836
6 years$9,949$9,378$8,839$8,332$7,855$5,876
7 years$8,442$7,875$7,345$6,850$6,388$4,520
8 years$7,312$6,751$6,229$5,746$5,299$3,540
9 years$6,434$5,878$5,365$4,895$4,463$2,810
10 years$5,732$5,181$4,678$4,219$3,803$2,253
11 years$5,157$4,612$4,118$3,672$3,270$1,820
12 years$4,679$4,140$3,655$3,221$2,834$1,480
13 years$4,275$3,741$3,265$2,844$2,471$1,208
14 years$3,929$3,400$2,934$2,524$2,166$991
15 years$3,629$3,106$2,649$2,251$1,907$815
16 years$3,367$2,850$2,402$2,016$1,686$672
17 years$3,136$2,625$2,185$1,811$1,495$555
18 years$2,931$2,425$1,995$1,632$1,329$459
19 years$2,748$2,248$1,826$1,475$1,185$380
20 years$2,583$2,089$1,676$1,336$1,058$316
21 years$2,434$1,946$1,542$1,212$947$262
22 years$2,299$1,816$1,421$1,102$849$218
23 years$2,176$1,699$1,312$1,004$762$181
24 years$2,063$1,592$1,213$916$685$151
25 years$1,959$1,494$1,124$836$616$125
26 years$1,864$1,404$1,042$764$555$104
27 years$1,776$1,321$968$700$500$87
28 years$1,694$1,245$900$641$452$72
29 years$1,618$1,174$837$588$408$60
30 years$1,547$1,109$780$540$368$50
31 years$1,481$1,048$727$496$333$42
32 years$1,419$992$678$455$301$35
33 years$1,361$939$633$419$273$29
34 years$1,307$890$592$385$247$24
35 years$1,255$845$553$355$224$20
36 years$1,207$802$518$327$203$17
37 years$1,161$761$484$301$184$14
38 years$1,118$724$454$277$166$12
39 years$1,078$688$425$256$151$10
40 years$1,039$655$398$236$137$8
41 years$1,002$623$374$218$124$7
42 years$968$593$350$201$113$6
43 years$934$565$329$185$102$5
44 years$903$539$309$171$93$4
45 years$873$514$290$158$84$3
46 years$844$490$272$146$77$3
47 years$817$468$256$135$70$2
48 years$791$447$240$125$63$2
49 years$766$427$226$115$57$2
50 years$742$407$212$107$52$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $760,000, adding $2,555 every year, while hoping to spend $52,529 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: 76/6/18 Blend
48$760,000$760,000$760,000$760,000
49$840,155$799,875$788,095$900,373
50$869,961$783,179$758,606$923,860
51$901,046$763,904$726,369$942,837
52$933,486$741,868$691,235$962,240
53$967,361$716,879$653,051$982,097
54$1,002,759$688,734$611,656$1,002,439
55$1,039,775$657,216$566,881$1,023,299
56$1,078,511$622,099$518,550$1,044,718
57$1,119,077$583,139$466,479$1,066,737
58$1,161,593$540,084$410,477$1,089,407
59$1,206,190$492,662$350,342$1,112,781
60$1,253,008$440,590$285,865$1,136,922
61$1,302,201$383,565$216,828$1,161,897
62$1,353,936$321,269$143,002$1,187,785
63$1,408,393$253,367$64,148$1,214,672
64$1,465,769$179,502$0$1,242,654
65$1,526,281$99,301$0$1,275,682
66$1,590,161$12,366$0$1,323,432
67$1,657,665$0$0$1,373,758
68$1,729,072$0$0$1,432,262
69$1,804,685$0$0$1,495,090
70$1,884,838$0$0$1,561,703
71$1,969,892$0$0$1,632,406
72$2,060,245$0$0$1,707,530
73$2,156,331$0$0$1,787,438
74$2,258,625$0$0$1,872,527
75$2,367,646$0$0$1,963,233
76$2,483,965$0$0$2,060,031
77$2,608,206$0$0$2,163,444
78$2,741,051$0$0$2,274,044
79$2,883,252$0$0$2,392,458
80$3,035,629$0$0$2,519,374
81$3,199,084$0$0$2,655,546
82$3,374,608$0$0$2,801,802
83$3,563,285$0$0$2,959,051
84$3,766,308$0$0$3,128,291
85$3,984,985$0$0$3,310,617
86$4,220,755$0$0$3,507,232
87$4,475,197$0$0$3,719,458
88$4,750,045$0$0$3,948,748
89$5,047,206$0$0$4,196,697
90$5,368,777$0$0$4,465,060
91$5,717,061$0$0$4,755,765
92$6,094,590$0$0$5,070,934
93$6,504,151$0$0$5,412,897
94$6,948,807$0$0$5,784,219
95$7,431,926$0$0$6,187,721
96$7,957,215$0$0$6,626,506
97$8,528,751$0$0$7,103,988
98$9,151,021$0$0$7,623,923
99$9,828,961$0$0$8,190,443
100$10,568,004$0$0$8,808,099