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%20%
1 years$66,063$65,475$64,901$64,340$63,793$61,238
2 years$32,705$32,095$31,505$30,933$30,378$27,835
3 years$21,586$20,975$20,386$19,819$19,273$16,824
4 years$16,029$15,419$14,836$14,278$13,746$11,408
5 years$12,695$12,088$11,513$10,967$10,449$8,229
6 years$10,473$9,871$9,304$8,771$8,268$6,167
7 years$8,886$8,290$7,732$7,211$6,724$4,741
8 years$7,697$7,106$6,557$6,049$5,578$3,712
9 years$6,773$6,187$5,648$5,152$4,698$2,944
10 years$6,033$5,453$4,924$4,441$4,003$2,359
11 years$5,429$4,855$4,335$3,865$3,442$1,905
12 years$4,926$4,357$3,847$3,390$2,983$1,547
13 years$4,500$3,938$3,437$2,993$2,601$1,263
14 years$4,136$3,579$3,088$2,657$2,280$1,034
15 years$3,820$3,270$2,788$2,370$2,008$850
16 years$3,544$3,000$2,528$2,122$1,775$700
17 years$3,301$2,763$2,300$1,906$1,573$578
18 years$3,085$2,553$2,100$1,718$1,399$478
19 years$2,892$2,366$1,922$1,552$1,247$396
20 years$2,719$2,199$1,764$1,406$1,114$328
21 years$2,562$2,048$1,623$1,276$997$272
22 years$2,420$1,912$1,496$1,160$893$226
23 years$2,290$1,788$1,381$1,057$802$188
24 years$2,172$1,675$1,277$964$721$156
25 years$2,063$1,572$1,183$880$649$130
26 years$1,962$1,478$1,097$805$584$108
27 years$1,869$1,391$1,019$737$527$90
28 years$1,783$1,310$947$675$475$75
29 years$1,703$1,236$881$619$429$62
30 years$1,628$1,167$821$568$388$52
31 years$1,559$1,104$765$522$351$43
32 years$1,494$1,044$714$479$317$36
33 years$1,433$989$667$441$287$30
34 years$1,375$937$623$406$260$25
35 years$1,321$889$582$373$235$21
36 years$1,271$844$545$344$213$17
37 years$1,223$801$510$317$193$14
38 years$1,177$762$478$292$175$12
39 years$1,134$724$447$269$159$10
40 years$1,094$689$419$248$144$8
41 years$1,055$656$393$229$131$7
42 years$1,019$625$369$211$119$6
43 years$984$595$346$195$108$5
44 years$951$567$325$180$98$4
45 years$919$541$305$166$89$3
46 years$889$516$287$154$81$3
47 years$860$492$269$142$73$2
48 years$833$470$253$131$66$2
49 years$806$449$238$121$60$2
50 years$781$429$224$112$55$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $800,000, adding $5,449 every year, while hoping to spend $36,092 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: 37/47/16 Blend
48$800,000$800,000$800,000$800,000
49$887,221$844,821$832,421$915,555
50$939,316$847,815$821,905$939,445
51$995,514$849,747$809,828$961,394
52$1,056,198$850,526$796,098$984,333
53$1,121,784$850,055$780,621$1,008,370
54$1,192,732$848,234$763,298$1,033,624
55$1,269,548$844,955$744,026$1,060,231
56$1,352,786$840,102$722,695$1,088,344
57$1,443,058$833,554$699,192$1,118,133
58$1,541,034$825,183$673,400$1,149,789
59$1,647,453$814,851$645,193$1,183,525
60$1,763,129$802,413$614,442$1,219,579
61$1,888,953$787,717$581,011$1,258,218
62$2,025,910$770,599$544,759$1,299,739
63$2,175,082$750,887$505,537$1,344,474
64$2,337,659$728,399$463,191$1,392,793
65$2,514,951$702,942$417,559$1,445,109
66$2,708,401$674,311$368,472$1,501,881
67$2,919,597$642,290$315,754$1,563,620
68$3,150,284$606,651$259,221$1,630,897
69$3,402,388$567,152$198,679$1,704,344
70$3,678,026$523,537$133,929$1,784,666
71$3,979,529$475,535$64,761$1,872,646
72$4,309,466$422,861$0$1,969,153
73$4,670,663$365,212$0$2,076,700
74$5,066,233$302,270$0$2,206,713
75$5,499,605$233,698$0$2,349,355
76$5,974,555$159,139$0$2,505,991
77$6,495,240$78,218$0$2,678,129
78$7,066,240$0$0$2,867,442
79$7,692,600$0$0$3,080,673
80$8,379,875$0$0$3,359,142
81$9,134,185$0$0$3,664,887
82$9,962,271$0$0$4,000,657
83$10,871,558$0$0$4,369,477
84$11,870,226$0$0$4,774,680
85$12,967,285$0$0$5,219,939
86$14,172,664$0$0$5,709,299
87$15,497,296$0$0$6,247,216
88$16,953,230$0$0$6,838,602
89$18,553,739$0$0$7,488,865
90$20,313,444$0$0$8,203,966
91$22,248,457$0$0$8,990,471
92$24,376,528$0$0$9,855,615
93$26,717,211$0$0$10,807,370
94$29,292,054$0$0$11,854,518
95$32,124,796$0$0$13,006,736
96$35,241,593$0$0$14,274,686
97$38,671,267$0$0$15,670,117
98$42,445,570$0$0$17,205,974
99$46,599,492$0$0$18,896,520
100$51,171,585$0$0$20,757,470