Can I retire at age 49 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$66,063$65,475$64,901$64,340$63,793$63,365
2 years$32,705$32,095$31,505$30,933$30,378$29,945
3 years$21,586$20,975$20,386$19,819$19,273$18,850
4 years$16,029$15,419$14,836$14,278$13,746$13,336
5 years$12,695$12,088$11,513$10,967$10,449$10,054
6 years$10,473$9,871$9,304$8,771$8,268$7,887
7 years$8,886$8,290$7,732$7,211$6,724$6,358
8 years$7,697$7,106$6,557$6,049$5,578$5,227
9 years$6,773$6,187$5,648$5,152$4,698$4,362
10 years$6,033$5,453$4,924$4,441$4,003$3,681
11 years$5,429$4,855$4,335$3,865$3,442$3,135
12 years$4,926$4,357$3,847$3,390$2,983$2,690
13 years$4,500$3,938$3,437$2,993$2,601$2,322
14 years$4,136$3,579$3,088$2,657$2,280$2,015
15 years$3,820$3,270$2,788$2,370$2,008$1,755
16 years$3,544$3,000$2,528$2,122$1,775$1,535
17 years$3,301$2,763$2,300$1,906$1,573$1,346
18 years$3,085$2,553$2,100$1,718$1,399$1,184
19 years$2,892$2,366$1,922$1,552$1,247$1,043
20 years$2,719$2,199$1,764$1,406$1,114$921
21 years$2,562$2,048$1,623$1,276$997$815
22 years$2,420$1,912$1,496$1,160$893$722
23 years$2,290$1,788$1,381$1,057$802$640
24 years$2,172$1,675$1,277$964$721$568
25 years$2,063$1,572$1,183$880$649$505
26 years$1,962$1,478$1,097$805$584$450
27 years$1,869$1,391$1,019$737$527$400
28 years$1,783$1,310$947$675$475$357
29 years$1,703$1,236$881$619$429$318
30 years$1,628$1,167$821$568$388$284
31 years$1,559$1,104$765$522$351$253
32 years$1,494$1,044$714$479$317$226
33 years$1,433$989$667$441$287$202
34 years$1,375$937$623$406$260$180
35 years$1,321$889$582$373$235$161
36 years$1,271$844$545$344$213$144
37 years$1,223$801$510$317$193$129
38 years$1,177$762$478$292$175$115
39 years$1,134$724$447$269$159$103
40 years$1,094$689$419$248$144$92
41 years$1,055$656$393$229$131$83
42 years$1,019$625$369$211$119$74
43 years$984$595$346$195$108$66
44 years$951$567$325$180$98$59
45 years$919$541$305$166$89$53
46 years$889$516$287$154$81$47
47 years$860$492$269$142$73$43
48 years$833$470$253$131$66$38
49 years$806$449$238$121$60$34
50 years$781$429$224$112$55$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $800,000, adding $4,488 every year, while hoping to spend $21,441 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: 23/49/28 Blend
48$800,000$800,000$800,000$800,000
49$886,229$843,829$831,429$898,696
50$953,812$862,364$836,469$928,371
51$1,027,569$881,088$840,959$958,030
52$1,108,108$899,989$844,858$989,329
53$1,196,097$919,050$848,124$1,022,417
54$1,292,273$938,258$850,710$1,057,460
55$1,397,445$957,593$852,569$1,094,639
56$1,512,506$977,036$853,651$1,134,158
57$1,638,437$996,566$853,904$1,176,237
58$1,776,320$1,016,161$853,272$1,221,125
59$1,927,347$1,035,794$851,699$1,269,093
60$2,092,828$1,055,440$849,122$1,320,442
61$2,274,208$1,075,068$845,480$1,375,506
62$2,473,078$1,094,648$840,704$1,434,651
63$2,691,191$1,114,144$834,726$1,498,284
64$2,930,475$1,133,520$827,473$1,566,855
65$3,193,057$1,152,736$818,866$1,640,859
66$3,481,278$1,171,749$808,828$1,720,844
67$3,797,718$1,190,514$797,273$1,807,418
68$4,145,217$1,208,981$784,113$1,901,248
69$4,526,904$1,227,096$769,256$2,003,074
70$4,946,229$1,244,804$752,607$2,113,714
71$5,406,988$1,262,044$734,063$2,234,069
72$5,913,367$1,278,750$713,520$2,365,136
73$6,469,974$1,294,852$690,867$2,508,016
74$7,081,889$1,310,277$665,988$2,663,925
75$7,754,706$1,324,946$638,763$2,834,205
76$8,494,591$1,338,773$609,066$3,020,338
77$9,308,334$1,351,667$576,765$3,223,961
78$10,203,419$1,363,534$541,721$3,446,882
79$11,188,089$1,374,269$503,791$3,691,096
80$12,271,430$1,383,764$462,824$3,958,806
81$13,463,450$1,391,902$418,662$4,252,442
82$14,775,176$1,398,559$371,141$4,574,689
83$16,218,759$1,403,604$320,090$4,928,510
84$17,807,588$1,406,896$265,329$5,317,174
85$19,556,415$1,408,287$206,670$5,744,289
86$21,481,495$1,407,618$143,919$6,213,838
87$23,600,738$1,404,722$76,871$6,730,215
88$25,933,879$1,399,420$5,312$7,298,269
89$28,502,666$1,391,523$0$7,923,350
90$31,331,061$1,380,830$0$8,632,590
91$34,445,467$1,367,129$0$9,414,347
92$37,874,980$1,350,193$0$10,274,290
93$41,651,659$1,329,784$0$11,220,422
94$45,810,833$1,305,648$0$12,261,566
95$50,391,429$1,277,516$0$13,407,450
96$55,436,345$1,245,105$0$14,668,800
97$60,992,850$1,208,112$0$16,057,441
98$67,113,031$1,166,220$0$17,586,411
99$73,854,286$1,119,091$0$19,270,085
100$81,279,865$1,066,368$0$21,124,308