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%18%
1 years$64,412$63,838$63,278$62,732$62,198$60,183
2 years$31,887$31,293$30,718$30,160$29,618$27,607
3 years$21,047$20,450$19,876$19,323$18,791$16,847
4 years$15,628$15,033$14,465$13,921$13,402$11,539
5 years$12,377$11,786$11,225$10,693$10,188$8,412
6 years$10,211$9,624$9,072$8,551$8,061$6,374
7 years$8,664$8,082$7,539$7,031$6,556$4,957
8 years$7,505$6,928$6,393$5,898$5,439$3,927
9 years$6,603$6,032$5,507$5,024$4,580$3,153
10 years$5,882$5,317$4,801$4,330$3,903$2,559
11 years$5,293$4,734$4,227$3,769$3,356$2,093
12 years$4,803$4,249$3,751$3,306$2,909$1,723
13 years$4,388$3,839$3,351$2,918$2,536$1,426
14 years$4,032$3,490$3,011$2,591$2,223$1,184
15 years$3,725$3,188$2,719$2,310$1,958$987
16 years$3,456$2,925$2,465$2,069$1,730$825
17 years$3,219$2,694$2,243$1,859$1,534$691
18 years$3,008$2,489$2,047$1,675$1,364$580
19 years$2,820$2,307$1,874$1,514$1,216$488
20 years$2,651$2,144$1,720$1,371$1,086$410
21 years$2,498$1,997$1,582$1,244$972$346
22 years$2,359$1,864$1,458$1,131$871$292
23 years$2,233$1,743$1,346$1,030$782$246
24 years$2,117$1,633$1,245$940$703$208
25 years$2,011$1,533$1,153$858$632$176
26 years$1,913$1,441$1,070$785$570$149
27 years$1,822$1,356$993$718$514$126
28 years$1,738$1,278$923$658$463$106
29 years$1,660$1,205$859$603$418$90
30 years$1,588$1,138$800$554$378$76
31 years$1,520$1,076$746$509$342$64
32 years$1,456$1,018$696$467$309$55
33 years$1,397$964$650$430$280$46
34 years$1,341$914$607$395$253$39
35 years$1,288$867$568$364$229$33
36 years$1,239$823$531$335$208$28
37 years$1,192$781$497$309$188$24
38 years$1,148$743$466$285$171$20
39 years$1,106$706$436$263$155$17
40 years$1,066$672$409$242$141$14
41 years$1,029$639$383$223$127$12
42 years$993$609$360$206$116$10
43 years$959$580$337$190$105$9
44 years$927$553$317$176$95$7
45 years$896$527$297$162$87$6
46 years$867$503$279$150$79$5
47 years$839$480$262$139$71$5
48 years$812$458$247$128$65$4
49 years$786$438$232$118$59$3
50 years$762$418$218$109$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $780,000, adding $4,002 every year, while hoping to spend $59,209 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: 67/14/19 Blend
48$780,000$780,000$780,000$780,000
49$863,688$822,348$810,258$917,235
50$888,786$799,645$774,404$930,867
51$914,460$773,845$735,364$938,530
52$940,706$744,735$692,969$945,475
53$967,517$712,086$647,043$951,630
54$994,885$675,659$597,400$956,917
55$1,022,798$635,202$543,848$961,252
56$1,051,241$590,444$486,185$964,545
57$1,080,195$541,103$424,199$966,700
58$1,109,637$486,879$357,671$967,612
59$1,139,538$427,454$286,372$967,168
60$1,169,866$362,494$210,060$965,250
61$1,200,581$291,645$128,486$961,726
62$1,231,638$214,534$41,388$956,456
63$1,262,984$130,764$0$949,291
64$1,294,557$39,921$0$950,521
65$1,326,287$0$0$959,152
66$1,358,093$0$0$975,659
67$1,389,885$0$0$998,279
68$1,421,557$0$0$1,020,784
69$1,452,991$0$0$1,043,086
70$1,484,055$0$0$1,065,086
71$1,514,597$0$0$1,086,671
72$1,544,448$0$0$1,107,715
73$1,573,418$0$0$1,128,078
74$1,601,293$0$0$1,147,599
75$1,627,834$0$0$1,166,103
76$1,652,774$0$0$1,183,389
77$1,675,812$0$0$1,199,236
78$1,696,616$0$0$1,213,397
79$1,714,813$0$0$1,225,595
80$1,729,988$0$0$1,235,523
81$1,741,679$0$0$1,242,838
82$1,749,372$0$0$1,247,160
83$1,752,496$0$0$1,248,066
84$1,750,417$0$0$1,245,086
85$1,742,429$0$0$1,237,697
86$1,727,751$0$0$1,225,322
87$1,705,514$0$0$1,207,319
88$1,674,758$0$0$1,182,974
89$1,634,417$0$0$1,151,501
90$1,583,308$0$0$1,112,025
91$1,520,126$0$0$1,063,580
92$1,443,421$0$0$1,005,094
93$1,351,592$0$0$935,382
94$1,242,866$0$0$853,135
95$1,115,282$0$0$756,903
96$966,673$0$0$645,082
97$794,641$0$0$515,902
98$596,537$0$0$367,403
99$369,433$0$0$197,422
100$110,094$0$0$3,568