Can I retire at age 49 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$64,412$63,838$63,278$62,732$62,198$59,801
2 years$31,887$31,293$30,718$30,160$29,618$27,232
3 years$21,047$20,450$19,876$19,323$18,791$16,490
4 years$15,628$15,033$14,465$13,921$13,402$11,205
5 years$12,377$11,786$11,225$10,693$10,188$8,100
6 years$10,211$9,624$9,072$8,551$8,061$6,083
7 years$8,664$8,082$7,539$7,031$6,556$4,688
8 years$7,505$6,928$6,393$5,898$5,439$3,678
9 years$6,603$6,032$5,507$5,024$4,580$2,925
10 years$5,882$5,317$4,801$4,330$3,903$2,350
11 years$5,293$4,734$4,227$3,769$3,356$1,902
12 years$4,803$4,249$3,751$3,306$2,909$1,549
13 years$4,388$3,839$3,351$2,918$2,536$1,268
14 years$4,032$3,490$3,011$2,591$2,223$1,042
15 years$3,725$3,188$2,719$2,310$1,958$858
16 years$3,456$2,925$2,465$2,069$1,730$709
17 years$3,219$2,694$2,243$1,859$1,534$587
18 years$3,008$2,489$2,047$1,675$1,364$487
19 years$2,820$2,307$1,874$1,514$1,216$404
20 years$2,651$2,144$1,720$1,371$1,086$336
21 years$2,498$1,997$1,582$1,244$972$280
22 years$2,359$1,864$1,458$1,131$871$233
23 years$2,233$1,743$1,346$1,030$782$194
24 years$2,117$1,633$1,245$940$703$162
25 years$2,011$1,533$1,153$858$632$135
26 years$1,913$1,441$1,070$785$570$113
27 years$1,822$1,356$993$718$514$94
28 years$1,738$1,278$923$658$463$79
29 years$1,660$1,205$859$603$418$66
30 years$1,588$1,138$800$554$378$55
31 years$1,520$1,076$746$509$342$46
32 years$1,456$1,018$696$467$309$38
33 years$1,397$964$650$430$280$32
34 years$1,341$914$607$395$253$27
35 years$1,288$867$568$364$229$22
36 years$1,239$823$531$335$208$19
37 years$1,192$781$497$309$188$16
38 years$1,148$743$466$285$171$13
39 years$1,106$706$436$263$155$11
40 years$1,066$672$409$242$141$9
41 years$1,029$639$383$223$127$8
42 years$993$609$360$206$116$6
43 years$959$580$337$190$105$5
44 years$927$553$317$176$95$4
45 years$896$527$297$162$87$4
46 years$867$503$279$150$79$3
47 years$839$480$262$139$71$3
48 years$812$458$247$128$65$2
49 years$786$438$232$118$59$2
50 years$762$418$218$109$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $780,000, adding $4,751 every year, while hoping to spend $51,838 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: 66/14/20 Blend
48$780,000$780,000$780,000$780,000
49$864,461$823,121$811,031$916,867
50$897,480$808,298$783,045$937,778
51$932,131$791,012$752,384$954,245
52$968,523$771,087$718,904$971,012
53$1,006,779$748,337$682,454$988,111
54$1,047,031$722,566$642,877$1,005,575
55$1,089,421$693,564$600,006$1,023,445
56$1,134,106$661,113$553,670$1,041,766
57$1,181,257$624,979$503,690$1,060,591
58$1,231,058$584,916$449,876$1,079,980
59$1,283,712$540,663$392,033$1,100,001
60$1,339,440$491,945$329,956$1,120,733
61$1,398,483$438,471$263,430$1,142,264
62$1,461,104$379,932$192,231$1,164,694
63$1,527,593$316,005$116,127$1,188,137
64$1,598,263$246,344$34,872$1,212,721
65$1,673,459$170,589$0$1,238,592
66$1,753,559$88,355$0$1,276,976
67$1,838,976$0$0$1,325,654
68$1,930,161$0$0$1,377,561
69$2,027,611$0$0$1,447,610
70$2,131,869$0$0$1,522,585
71$2,243,530$0$0$1,602,918
72$2,363,249$0$0$1,689,083
73$2,491,742$0$0$1,781,601
74$2,629,795$0$0$1,881,043
75$2,778,273$0$0$1,988,037
76$2,938,123$0$0$2,103,270
77$3,110,386$0$0$2,227,499
78$3,296,206$0$0$2,361,555
79$3,496,839$0$0$2,506,351
80$3,713,666$0$0$2,662,889
81$3,948,205$0$0$2,832,272
82$4,202,122$0$0$3,015,712
83$4,477,251$0$0$3,214,541
84$4,775,609$0$0$3,430,225
85$5,099,412$0$0$3,664,373
86$5,451,099$0$0$3,918,760
87$5,833,352$0$0$4,195,333
88$6,249,121$0$0$4,496,237
89$6,701,653$0$0$4,823,833
90$7,194,519$0$0$5,180,717
91$7,731,650$0$0$5,569,745
92$8,317,373$0$0$5,994,063
93$8,956,448$0$0$6,457,132
94$9,654,115$0$0$6,962,762
95$10,416,144$0$0$7,515,147
96$11,248,885$0$0$8,118,903
97$12,159,330$0$0$8,779,115
98$13,155,177$0$0$9,501,379
99$14,244,902$0$0$10,291,858
100$15,437,837$0$0$11,157,338