Can I retire at age 49 with 770,000?

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 $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%13.6%
1 years$63,586$63,019$62,467$61,928$61,401$60,483
2 years$31,478$30,892$30,324$29,773$29,239$28,316
3 years$20,777$20,188$19,621$19,076$18,550$17,652
4 years$15,427$14,840$14,279$13,743$13,230$12,362
5 years$12,219$11,635$11,081$10,556$10,057$9,223
6 years$10,080$9,501$8,955$8,442$7,958$7,158
7 years$8,553$7,979$7,442$6,940$6,472$5,707
8 years$7,408$6,839$6,311$5,822$5,369$4,638
9 years$6,519$5,955$5,436$4,959$4,522$3,825
10 years$5,807$5,249$4,739$4,275$3,853$3,189
11 years$5,225$4,673$4,172$3,720$3,313$2,683
12 years$4,741$4,194$3,703$3,263$2,871$2,273
13 years$4,331$3,790$3,308$2,881$2,504$1,937
14 years$3,981$3,445$2,972$2,557$2,195$1,658
15 years$3,677$3,147$2,684$2,281$1,933$1,425
16 years$3,411$2,888$2,433$2,042$1,708$1,229
17 years$3,177$2,659$2,214$1,835$1,514$1,063
18 years$2,970$2,457$2,021$1,654$1,347$921
19 years$2,784$2,277$1,850$1,494$1,200$800
20 years$2,617$2,116$1,698$1,353$1,072$696
21 years$2,466$1,971$1,562$1,228$959$607
22 years$2,329$1,840$1,440$1,117$860$530
23 years$2,204$1,721$1,329$1,017$772$463
24 years$2,090$1,612$1,229$928$694$405
25 years$1,985$1,513$1,139$847$624$354
26 years$1,888$1,422$1,056$775$562$310
27 years$1,799$1,338$981$709$507$272
28 years$1,716$1,261$912$650$457$238
29 years$1,639$1,190$848$596$413$209
30 years$1,567$1,124$790$547$373$183
31 years$1,500$1,062$737$502$337$161
32 years$1,438$1,005$687$461$305$141
33 years$1,379$952$642$424$276$124
34 years$1,324$902$600$390$250$109
35 years$1,272$856$561$359$227$96
36 years$1,223$812$524$331$205$84
37 years$1,177$771$491$305$186$74
38 years$1,133$733$460$281$169$65
39 years$1,092$697$431$259$153$57
40 years$1,053$663$404$239$139$50
41 years$1,016$631$378$221$126$44
42 years$980$601$355$204$114$39
43 years$947$573$333$188$104$34
44 years$915$546$313$173$94$30
45 years$884$521$294$160$85$27
46 years$855$497$276$148$78$23
47 years$828$474$259$137$70$21
48 years$801$453$243$126$64$18
49 years$776$432$229$117$58$16
50 years$752$413$215$108$53$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $770,000, adding $6,438 every year, while hoping to spend $23,063 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: 30/44/26 Blend
48$770,000$770,000$770,000$770,000
49$855,181$814,371$802,436$873,822
50$917,870$829,736$804,779$904,167
51$986,181$845,081$806,427$934,323
52$1,060,663$860,381$807,333$966,300
53$1,141,919$875,608$807,447$1,000,272
54$1,230,614$890,733$806,717$1,036,432
55$1,327,482$905,724$805,087$1,074,991
56$1,433,328$920,547$802,499$1,116,185
57$1,549,038$935,165$798,894$1,160,274
58$1,675,591$949,539$794,208$1,207,546
59$1,814,062$963,627$788,374$1,258,319
60$1,965,635$977,383$781,323$1,312,946
61$2,131,614$990,759$772,982$1,371,815
62$2,313,435$1,003,703$763,274$1,435,358
63$2,512,681$1,016,160$752,119$1,504,049
64$2,731,094$1,028,071$739,434$1,578,415
65$2,970,591$1,039,372$725,131$1,659,038
66$3,233,286$1,049,996$709,117$1,746,561
67$3,521,506$1,059,871$691,298$1,841,693
68$3,837,815$1,068,920$671,572$1,945,221
69$4,185,037$1,077,062$649,834$2,058,011
70$4,566,282$1,084,209$625,975$2,181,023
71$4,984,977$1,090,269$599,879$2,315,316
72$5,444,895$1,095,144$571,426$2,462,060
73$5,950,197$1,098,728$540,491$2,622,547
74$6,505,461$1,100,910$506,942$2,798,206
75$7,115,736$1,101,572$470,642$2,990,613
76$7,786,580$1,100,588$431,448$3,201,511
77$8,524,119$1,097,825$389,209$3,432,821
78$9,335,101$1,093,140$343,769$3,686,668
79$10,226,961$1,086,384$294,966$3,965,397
80$11,207,891$1,077,397$242,627$4,271,596
81$12,286,916$1,066,009$186,575$4,608,123
82$13,473,980$1,052,041$126,623$4,978,133
83$14,780,039$1,035,304$62,578$5,385,108
84$16,217,164$1,015,596$0$5,832,892
85$17,798,658$992,703$0$6,327,327
86$19,539,175$966,400$0$6,890,126
87$21,454,865$936,447$0$7,509,138
88$23,563,519$902,592$0$8,190,126
89$25,884,745$864,565$0$8,939,450
90$28,440,144$822,084$0$9,764,119
91$31,253,522$774,849$0$10,671,864
92$34,351,108$722,543$0$11,671,211
93$37,761,803$664,830$0$12,771,558
94$41,517,456$601,356$0$13,983,270
95$45,653,160$531,746$0$15,317,776
96$50,207,586$455,605$0$16,787,676
97$55,223,343$372,513$0$18,406,865
98$60,747,387$282,029$0$20,190,660
99$66,831,458$183,686$0$22,155,950
100$73,532,572$76,991$0$24,321,358