Can I retire at age 49 with 810,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%18.8%
1 years$66,889$66,293$65,712$65,145$64,591$62,299
2 years$33,113$32,497$31,899$31,319$30,757$28,473
3 years$21,856$21,237$20,641$20,067$19,514$17,308
4 years$16,229$15,611$15,021$14,457$13,917$11,808
5 years$12,853$12,240$11,657$11,104$10,580$8,572
6 years$10,604$9,994$9,421$8,880$8,371$6,466
7 years$8,997$8,393$7,829$7,301$6,808$5,006
8 years$7,793$7,195$6,639$6,125$5,648$3,947
9 years$6,857$6,264$5,718$5,217$4,756$3,154
10 years$6,109$5,522$4,985$4,497$4,053$2,546
11 years$5,497$4,916$4,389$3,914$3,486$2,072
12 years$4,987$4,412$3,895$3,433$3,020$1,697
13 years$4,556$3,987$3,480$3,031$2,634$1,396
14 years$4,187$3,624$3,127$2,690$2,309$1,153
15 years$3,868$3,311$2,823$2,399$2,033$956
16 years$3,589$3,038$2,560$2,148$1,797$794
17 years$3,342$2,797$2,329$1,930$1,593$662
18 years$3,124$2,585$2,126$1,739$1,416$552
19 years$2,929$2,396$1,946$1,572$1,263$461
20 years$2,753$2,226$1,786$1,424$1,128$386
21 years$2,594$2,074$1,643$1,292$1,009$323
22 years$2,450$1,936$1,514$1,175$905$271
23 years$2,319$1,810$1,398$1,070$812$227
24 years$2,199$1,696$1,293$976$730$191
25 years$2,088$1,592$1,198$891$657$160
26 years$1,987$1,496$1,111$815$592$134
27 years$1,892$1,408$1,031$746$533$113
28 years$1,805$1,327$959$683$481$95
29 years$1,724$1,252$892$627$435$80
30 years$1,649$1,182$831$575$393$67
31 years$1,578$1,117$775$528$355$56
32 years$1,512$1,057$723$485$321$47
33 years$1,451$1,001$675$446$291$40
34 years$1,393$949$631$411$263$34
35 years$1,338$900$590$378$238$28
36 years$1,286$854$552$348$216$24
37 years$1,238$811$516$321$196$20
38 years$1,192$771$484$296$177$17
39 years$1,149$733$453$273$161$14
40 years$1,107$698$425$251$146$12
41 years$1,068$664$398$232$132$10
42 years$1,031$632$373$214$120$8
43 years$996$603$350$198$109$7
44 years$962$574$329$183$99$6
45 years$930$548$309$169$90$5
46 years$900$523$290$156$82$4
47 years$871$499$273$144$74$4
48 years$843$476$256$133$67$3
49 years$816$455$241$123$61$3
50 years$791$434$226$114$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $810,000, adding $2,465 every year, while hoping to spend $35,856 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: 74/15/11 Blend
48$810,000$810,000$810,000$810,000
49$895,163$852,233$839,678$959,325
50$948,319$855,842$829,656$1,005,622
51$1,005,695$858,426$818,098$1,051,607
52$1,067,684$859,897$804,912$1,100,998
53$1,134,717$860,161$790,006$1,154,120
54$1,207,269$859,119$773,282$1,211,333
55$1,285,861$856,666$754,637$1,273,035
56$1,371,065$852,690$733,964$1,339,663
57$1,463,513$847,071$711,151$1,411,700
58$1,563,898$839,684$686,081$1,489,679
59$1,672,981$830,394$658,631$1,574,185
60$1,791,603$819,061$628,672$1,665,867
61$1,920,685$805,533$596,071$1,765,438
62$2,061,243$789,653$560,688$1,873,685
63$2,214,394$771,250$522,376$1,991,476
64$2,381,369$750,148$480,981$2,119,770
65$2,563,519$726,156$436,345$2,259,621
66$2,762,336$699,075$388,300$2,412,194
67$2,979,458$668,694$336,672$2,578,774
68$3,216,690$634,787$281,278$2,760,775
69$3,476,020$597,119$221,928$2,959,761
70$3,759,635$555,439$158,424$3,177,453
71$4,069,944$509,482$90,557$3,415,751
72$4,409,600$458,968$18,113$3,676,748
73$4,781,523$403,601$0$3,962,756
74$5,188,930$343,069$0$4,283,268
75$5,635,362$277,041$0$4,636,867
76$6,124,721$205,169$0$5,024,549
77$6,661,304$127,083$0$5,449,762
78$7,249,841$42,394$0$5,916,301
79$7,895,545$0$0$6,428,353
80$8,604,157$0$0$6,998,669
81$9,382,001$0$0$7,632,422
82$10,236,041$0$0$8,328,295
83$11,173,951$0$0$9,092,544
84$12,204,184$0$0$9,932,061
85$13,336,051$0$0$10,854,440
86$14,579,810$0$0$11,868,044
87$15,946,763$0$0$12,982,089
88$17,449,358$0$0$14,206,727
89$19,101,314$0$0$15,553,143
90$20,917,740$0$0$17,033,659
91$22,915,287$0$0$18,661,852
92$25,112,298$0$0$20,452,679
93$27,528,983$0$0$22,422,622
94$30,187,609$0$0$24,589,837
95$33,112,711$0$0$26,974,332
96$36,331,322$0$0$29,598,149
97$39,873,226$0$0$32,485,577
98$43,771,242$0$0$35,663,379
99$48,061,530$0$0$39,161,041
100$52,783,935$0$0$43,011,054