Can I retire at age 49 with 770,000?

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 $770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$63,586$63,019$62,467$61,928$61,401$59,892
2 years$31,478$30,892$30,324$29,773$29,239$27,728
3 years$20,777$20,188$19,621$19,076$18,550$17,085
4 years$15,427$14,840$14,279$13,743$13,230$11,821
5 years$12,219$11,635$11,081$10,556$10,057$8,709
6 years$10,080$9,501$8,955$8,442$7,958$6,671
7 years$8,553$7,979$7,442$6,940$6,472$5,247
8 years$7,408$6,839$6,311$5,822$5,369$4,206
9 years$6,519$5,955$5,436$4,959$4,522$3,419
10 years$5,807$5,249$4,739$4,275$3,853$2,809
11 years$5,225$4,673$4,172$3,720$3,313$2,327
12 years$4,741$4,194$3,703$3,263$2,871$1,941
13 years$4,331$3,790$3,308$2,881$2,504$1,628
14 years$3,981$3,445$2,972$2,557$2,195$1,371
15 years$3,677$3,147$2,684$2,281$1,933$1,159
16 years$3,411$2,888$2,433$2,042$1,708$983
17 years$3,177$2,659$2,214$1,835$1,514$836
18 years$2,970$2,457$2,021$1,654$1,347$712
19 years$2,784$2,277$1,850$1,494$1,200$607
20 years$2,617$2,116$1,698$1,353$1,072$519
21 years$2,466$1,971$1,562$1,228$959$444
22 years$2,329$1,840$1,440$1,117$860$380
23 years$2,204$1,721$1,329$1,017$772$326
24 years$2,090$1,612$1,229$928$694$280
25 years$1,985$1,513$1,139$847$624$240
26 years$1,888$1,422$1,056$775$562$206
27 years$1,799$1,338$981$709$507$177
28 years$1,716$1,261$912$650$457$153
29 years$1,639$1,190$848$596$413$131
30 years$1,567$1,124$790$547$373$113
31 years$1,500$1,062$737$502$337$97
32 years$1,438$1,005$687$461$305$84
33 years$1,379$952$642$424$276$72
34 years$1,324$902$600$390$250$62
35 years$1,272$856$561$359$227$53
36 years$1,223$812$524$331$205$46
37 years$1,177$771$491$305$186$40
38 years$1,133$733$460$281$169$34
39 years$1,092$697$431$259$153$29
40 years$1,053$663$404$239$139$25
41 years$1,016$631$378$221$126$22
42 years$980$601$355$204$114$19
43 years$947$573$333$188$104$16
44 years$915$546$313$173$94$14
45 years$884$521$294$160$85$12
46 years$855$497$276$148$78$10
47 years$828$474$259$137$70$9
48 years$801$453$243$126$64$8
49 years$776$432$229$117$58$7
50 years$752$413$215$108$53$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $770,000, adding $3,912 every year, while hoping to spend $59,390 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: 66/13/21 Blend
48$770,000$770,000$770,000$770,000
49$852,575$811,765$799,830$904,061
50$876,347$788,351$763,434$915,685
51$900,554$761,799$723,828$921,235
52$925,176$731,893$680,842$925,901
53$950,192$698,404$634,298$929,598
54$975,575$661,089$584,011$932,233
55$1,001,293$619,693$529,785$933,707
56$1,027,311$573,943$471,418$933,911
57$1,053,585$523,554$408,699$932,730
58$1,080,065$468,223$341,405$930,039
59$1,106,695$407,630$269,306$925,702
60$1,133,411$341,436$192,160$919,575
61$1,160,137$269,284$109,715$911,500
62$1,186,789$190,798$21,709$901,307
63$1,213,272$105,577$0$888,813
64$1,239,477$13,202$0$890,000
65$1,265,282$0$0$894,716
66$1,290,550$0$0$910,341
67$1,315,126$0$0$927,324
68$1,338,836$0$0$943,649
69$1,361,486$0$0$959,174
70$1,382,858$0$0$973,740
71$1,402,708$0$0$987,169
72$1,420,766$0$0$999,261
73$1,436,727$0$0$1,009,797
74$1,450,255$0$0$1,018,528
75$1,460,971$0$0$1,025,180
76$1,468,459$0$0$1,029,447
77$1,472,253$0$0$1,030,991
78$1,471,835$0$0$1,029,433
79$1,466,631$0$0$1,024,354
80$1,456,002$0$0$1,015,290
81$1,439,243$0$0$1,001,724
82$1,415,568$0$0$983,085
83$1,384,109$0$0$958,740
84$1,343,901$0$0$927,986
85$1,293,878$0$0$890,045
86$1,232,860$0$0$844,058
87$1,159,538$0$0$789,072
88$1,072,467$0$0$724,033
89$970,046$0$0$647,777
90$850,506$0$0$559,013
91$711,890$0$0$456,319
92$552,037$0$0$338,119
93$368,556$0$0$202,673
94$158,807$0$0$48,058
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0