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%18.1%
1 years$63,586$63,019$62,467$61,928$61,401$59,388
2 years$31,478$30,892$30,324$29,773$29,239$27,230
3 years$20,777$20,188$19,621$19,076$18,550$16,608
4 years$15,427$14,840$14,279$13,743$13,230$11,371
5 years$12,219$11,635$11,081$10,556$10,057$8,285
6 years$10,080$9,501$8,955$8,442$7,958$6,274
7 years$8,553$7,979$7,442$6,940$6,472$4,876
8 years$7,408$6,839$6,311$5,822$5,369$3,860
9 years$6,519$5,955$5,436$4,959$4,522$3,098
10 years$5,807$5,249$4,739$4,275$3,853$2,512
11 years$5,225$4,673$4,172$3,720$3,313$2,054
12 years$4,741$4,194$3,703$3,263$2,871$1,690
13 years$4,331$3,790$3,308$2,881$2,504$1,397
14 years$3,981$3,445$2,972$2,557$2,195$1,160
15 years$3,677$3,147$2,684$2,281$1,933$966
16 years$3,411$2,888$2,433$2,042$1,708$807
17 years$3,177$2,659$2,214$1,835$1,514$675
18 years$2,970$2,457$2,021$1,654$1,347$566
19 years$2,784$2,277$1,850$1,494$1,200$476
20 years$2,617$2,116$1,698$1,353$1,072$400
21 years$2,466$1,971$1,562$1,228$959$337
22 years$2,329$1,840$1,440$1,117$860$284
23 years$2,204$1,721$1,329$1,017$772$239
24 years$2,090$1,612$1,229$928$694$202
25 years$1,985$1,513$1,139$847$624$171
26 years$1,888$1,422$1,056$775$562$144
27 years$1,799$1,338$981$709$507$122
28 years$1,716$1,261$912$650$457$103
29 years$1,639$1,190$848$596$413$87
30 years$1,567$1,124$790$547$373$74
31 years$1,500$1,062$737$502$337$62
32 years$1,438$1,005$687$461$305$53
33 years$1,379$952$642$424$276$45
34 years$1,324$902$600$390$250$38
35 years$1,272$856$561$359$227$32
36 years$1,223$812$524$331$205$27
37 years$1,177$771$491$305$186$23
38 years$1,133$733$460$281$169$19
39 years$1,092$697$431$259$153$16
40 years$1,053$663$404$239$139$14
41 years$1,016$631$378$221$126$12
42 years$980$601$355$204$114$10
43 years$947$573$333$188$104$8
44 years$915$546$313$173$94$7
45 years$884$521$294$160$85$6
46 years$855$497$276$148$78$5
47 years$828$474$259$137$70$4
48 years$801$453$243$126$64$4
49 years$776$432$229$117$58$3
50 years$752$413$215$108$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $770,000, adding $6,056 every year, while hoping to spend $23,974 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: 53/35/12 Blend
48$770,000$770,000$770,000$770,000
49$854,787$813,977$802,042$897,098
50$916,467$828,353$803,402$940,959
51$983,635$842,631$804,004$985,566
52$1,056,825$856,780$803,798$1,033,545
53$1,136,626$870,766$802,730$1,085,220
54$1,223,684$884,557$800,744$1,140,951
55$1,318,713$898,113$797,782$1,201,132
56$1,422,497$911,395$793,783$1,266,199
57$1,535,899$924,361$788,681$1,336,633
58$1,659,869$936,963$782,411$1,412,963
59$1,795,454$949,153$774,900$1,495,775
60$1,943,807$960,878$766,076$1,585,712
61$2,106,197$972,082$755,861$1,683,486
62$2,284,020$982,705$744,173$1,789,881
63$2,478,815$992,683$730,928$1,905,762
64$2,692,276$1,001,947$716,036$2,032,081
65$2,926,271$1,010,424$699,406$2,169,891
66$3,182,853$1,018,038$680,938$2,320,351
67$3,464,287$1,024,704$660,533$2,484,742
68$3,773,065$1,030,336$638,082$2,664,473
69$4,111,935$1,034,840$613,475$2,861,101
70$4,483,922$1,038,116$586,595$3,076,341
71$4,892,356$1,040,059$557,321$3,312,087
72$5,340,910$1,040,555$525,525$3,570,424
73$5,833,627$1,039,486$491,074$3,853,655
74$6,374,961$1,036,725$453,829$4,164,317
75$6,969,820$1,032,138$413,645$4,505,210
76$7,623,610$1,025,580$370,370$4,879,419
77$8,342,287$1,016,902$323,846$5,290,348
78$9,132,412$1,005,943$273,907$5,741,751
79$10,001,215$992,531$220,380$6,237,766
80$10,956,661$976,487$163,085$6,782,956
81$12,007,525$957,620$101,833$7,382,354
82$13,163,476$935,726$36,428$8,041,507
83$14,435,166$910,592$0$8,766,533
84$15,834,333$881,991$0$9,568,451
85$17,373,908$849,681$0$10,455,680
86$19,068,140$813,410$0$11,431,780
87$20,932,730$772,907$0$12,505,822
88$22,984,977$727,888$0$13,687,806
89$25,243,942$678,052$0$14,988,752
90$27,730,629$623,080$0$16,420,812
91$30,468,179$562,637$0$17,997,378
92$33,482,093$496,367$0$19,733,214
93$36,800,471$423,893$0$21,644,593
94$40,454,275$344,819$0$23,749,452
95$44,477,621$258,725$0$26,067,565
96$48,908,104$165,169$0$28,620,726
97$53,787,150$63,682$0$31,432,957
98$59,160,407$0$0$34,530,739
99$65,078,176$0$0$37,961,064
100$71,595,885$0$0$41,766,269