Can I retire at age 49 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$66,889$66,293$65,712$65,145$64,591$63,836
2 years$33,113$32,497$31,899$31,319$30,757$29,998
3 years$21,856$21,237$20,641$20,067$19,514$18,773
4 years$16,229$15,611$15,021$14,457$13,917$13,201
5 years$12,853$12,240$11,657$11,104$10,580$9,890
6 years$10,604$9,994$9,421$8,880$8,371$7,709
7 years$8,997$8,393$7,829$7,301$6,808$6,173
8 years$7,793$7,195$6,639$6,125$5,648$5,041
9 years$6,857$6,264$5,718$5,217$4,756$4,176
10 years$6,109$5,522$4,985$4,497$4,053$3,499
11 years$5,497$4,916$4,389$3,914$3,486$2,959
12 years$4,987$4,412$3,895$3,433$3,020$2,519
13 years$4,556$3,987$3,480$3,031$2,634$2,158
14 years$4,187$3,624$3,127$2,690$2,309$1,857
15 years$3,868$3,311$2,823$2,399$2,033$1,605
16 years$3,589$3,038$2,560$2,148$1,797$1,392
17 years$3,342$2,797$2,329$1,930$1,593$1,211
18 years$3,124$2,585$2,126$1,739$1,416$1,056
19 years$2,929$2,396$1,946$1,572$1,263$922
20 years$2,753$2,226$1,786$1,424$1,128$807
21 years$2,594$2,074$1,643$1,292$1,009$708
22 years$2,450$1,936$1,514$1,175$905$621
23 years$2,319$1,810$1,398$1,070$812$546
24 years$2,199$1,696$1,293$976$730$480
25 years$2,088$1,592$1,198$891$657$423
26 years$1,987$1,496$1,111$815$592$373
27 years$1,892$1,408$1,031$746$533$329
28 years$1,805$1,327$959$683$481$290
29 years$1,724$1,252$892$627$435$256
30 years$1,649$1,182$831$575$393$226
31 years$1,578$1,117$775$528$355$200
32 years$1,512$1,057$723$485$321$177
33 years$1,451$1,001$675$446$291$156
34 years$1,393$949$631$411$263$138
35 years$1,338$900$590$378$238$122
36 years$1,286$854$552$348$216$108
37 years$1,238$811$516$321$196$96
38 years$1,192$771$484$296$177$85
39 years$1,149$733$453$273$161$75
40 years$1,107$698$425$251$146$67
41 years$1,068$664$398$232$132$59
42 years$1,031$632$373$214$120$52
43 years$996$603$350$198$109$46
44 years$962$574$329$183$99$41
45 years$930$548$309$169$90$36
46 years$900$523$290$156$82$32
47 years$871$499$273$144$74$29
48 years$843$476$256$133$67$25
49 years$816$455$241$123$61$22
50 years$791$434$226$114$55$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $810,000, adding $6,873 every year, while hoping to spend $23,809 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: 64/19/17 Blend
48$810,000$810,000$810,000$810,000
49$899,709$856,779$844,224$953,069
50$966,147$873,429$847,173$1,006,365
51$1,038,564$890,097$849,423$1,061,221
52$1,117,544$906,758$850,925$1,120,574
53$1,203,730$923,386$851,628$1,184,866
54$1,297,832$939,953$851,479$1,254,580
55$1,400,629$956,429$850,422$1,330,252
56$1,512,980$972,781$848,398$1,412,468
57$1,635,829$988,972$845,344$1,501,879
58$1,770,217$1,004,965$841,197$1,599,199
59$1,917,290$1,020,719$835,888$1,705,216
60$2,078,310$1,036,191$829,346$1,820,799
61$2,254,665$1,051,332$821,497$1,946,905
62$2,447,887$1,066,093$812,263$2,084,590
63$2,659,659$1,080,419$801,561$2,235,017
64$2,891,837$1,094,253$789,307$2,399,468
65$3,146,466$1,107,533$775,411$2,579,357
66$3,425,797$1,120,193$759,778$2,776,242
67$3,732,309$1,132,163$742,311$2,991,840
68$4,068,733$1,143,367$722,906$3,228,046
69$4,438,077$1,153,726$701,458$3,486,945
70$4,843,656$1,163,154$677,852$3,770,839
71$5,289,121$1,171,560$651,971$4,082,264
72$5,778,492$1,178,848$623,693$4,424,014
73$6,316,200$1,184,913$592,889$4,799,173
74$6,907,126$1,189,648$559,425$5,211,136
75$7,556,647$1,192,935$523,159$5,663,649
76$8,270,687$1,194,650$483,946$6,160,838
77$9,055,771$1,194,661$441,633$6,707,253
78$9,919,090$1,192,830$396,058$7,307,911
79$10,868,565$1,189,008$347,054$7,968,338
80$11,912,926$1,183,036$294,448$8,694,630
81$13,061,789$1,174,749$238,056$9,493,502
82$14,325,748$1,163,969$177,688$10,372,360
83$15,716,478$1,150,507$113,144$11,339,364
84$17,246,843$1,134,165$44,218$12,403,511
85$18,931,013$1,114,732$0$13,574,715
86$20,784,607$1,091,984$0$14,869,229
87$22,824,830$1,065,684$0$16,302,683
88$25,070,641$1,035,582$0$17,880,370
89$27,542,933$1,001,411$0$19,616,969
90$30,264,723$962,892$0$21,528,661
91$33,261,377$919,725$0$23,633,274
92$36,560,843$871,598$0$25,950,458
93$40,193,920$818,177$0$28,501,867
94$44,194,542$759,110$0$31,311,364
95$48,600,105$694,025$0$34,405,249
96$53,451,812$622,530$0$37,812,505
97$58,795,071$544,208$0$41,565,071
98$64,679,914$458,619$0$45,698,147
99$71,161,475$365,302$0$50,250,526
100$78,300,508$263,764$0$55,264,957