Can I retire at age 49 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$70,192$69,567$68,957$68,362$67,780$66,088
2 years$34,749$34,101$33,474$32,866$32,276$30,582
3 years$22,936$22,286$21,660$21,058$20,477$18,834
4 years$17,030$16,382$15,763$15,171$14,605$13,025
5 years$13,488$12,844$12,233$11,653$11,102$9,591
6 years$11,127$10,488$9,886$9,319$8,785$7,343
7 years$9,442$8,808$8,215$7,661$7,144$5,772
8 years$8,178$7,550$6,967$6,427$5,927$4,624
9 years$7,196$6,574$6,001$5,474$4,991$3,756
10 years$6,410$5,794$5,232$4,719$4,253$3,084
11 years$5,768$5,158$4,606$4,107$3,658$2,554
12 years$5,234$4,630$4,088$3,602$3,170$2,129
13 years$4,781$4,184$3,652$3,180$2,764$1,784
14 years$4,394$3,803$3,281$2,823$2,423$1,502
15 years$4,059$3,474$2,963$2,518$2,133$1,269
16 years$3,766$3,188$2,686$2,254$1,885$1,075
17 years$3,507$2,936$2,444$2,026$1,672$913
18 years$3,278$2,713$2,231$1,825$1,486$777
19 years$3,073$2,514$2,043$1,649$1,325$663
20 years$2,889$2,336$1,875$1,494$1,183$566
21 years$2,722$2,176$1,724$1,356$1,059$484
22 years$2,571$2,031$1,589$1,233$949$414
23 years$2,433$1,900$1,467$1,123$852$355
24 years$2,307$1,780$1,357$1,024$766$304
25 years$2,191$1,670$1,257$935$689$261
26 years$2,085$1,570$1,166$855$621$224
27 years$1,986$1,478$1,082$783$560$192
28 years$1,894$1,392$1,006$717$505$165
29 years$1,809$1,313$936$658$456$142
30 years$1,730$1,240$872$603$412$122
31 years$1,656$1,173$813$554$373$105
32 years$1,587$1,109$759$509$337$90
33 years$1,522$1,051$708$468$305$78
34 years$1,461$996$662$431$276$67
35 years$1,404$945$619$397$250$58
36 years$1,350$897$579$365$227$50
37 years$1,299$851$542$337$205$43
38 years$1,251$809$507$310$186$37
39 years$1,205$769$475$286$169$32
40 years$1,162$732$446$264$153$27
41 years$1,121$697$418$243$139$23
42 years$1,082$664$392$225$126$20
43 years$1,045$632$368$207$114$17
44 years$1,010$603$345$192$104$15
45 years$976$575$324$177$94$13
46 years$944$548$304$163$86$11
47 years$914$523$286$151$78$10
48 years$885$500$269$139$71$8
49 years$857$477$253$129$64$7
50 years$830$456$238$119$58$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $850,000, adding $2,275 every year, while hoping to spend $58,486 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: 30/44/26 Blend
48$850,000$850,000$850,000$850,000
49$939,047$893,997$880,822$959,625
50$972,601$875,574$848,101$957,353
51$1,007,617$854,288$812,323$949,610
52$1,044,183$829,937$773,325$940,103
53$1,082,394$802,308$730,935$928,719
54$1,122,350$771,173$684,974$915,339
55$1,164,163$736,294$635,253$899,838
56$1,207,951$697,416$581,578$882,087
57$1,253,846$654,273$523,744$861,949
58$1,301,985$606,580$461,537$839,283
59$1,352,523$554,037$394,734$813,942
60$1,405,624$496,329$323,102$785,771
61$1,461,469$433,120$246,396$754,610
62$1,520,253$364,057$164,365$720,292
63$1,582,188$288,766$76,741$682,644
64$1,647,508$206,851$0$641,486
65$1,716,464$117,897$0$601,285
66$1,789,332$21,463$0$580,216
67$1,866,413$0$0$556,853
68$1,948,036$0$0$571,222
69$2,034,558$0$0$597,533
70$2,126,371$0$0$625,521
71$2,223,905$0$0$655,326
72$2,327,628$0$0$687,100
73$2,438,052$0$0$721,010
74$2,555,739$0$0$757,240
75$2,681,304$0$0$795,990
76$2,815,421$0$0$837,479
77$2,958,826$0$0$881,950
78$3,112,331$0$0$929,667
79$3,276,821$0$0$980,921
80$3,453,272$0$0$1,036,030
81$3,642,749$0$0$1,095,344
82$3,846,427$0$0$1,159,248
83$4,065,592$0$0$1,228,164
84$4,301,656$0$0$1,302,555
85$4,556,173$0$0$1,382,932
86$4,830,846$0$0$1,469,854
87$5,127,549$0$0$1,563,936
88$5,448,340$0$0$1,665,856
89$5,795,482$0$0$1,776,357
90$6,171,462$0$0$1,896,258
91$6,579,015$0$0$2,026,458
92$7,021,147$0$0$2,167,947
93$7,501,165$0$0$2,321,814
94$8,022,707$0$0$2,489,256
95$8,589,773$0$0$2,671,592
96$9,206,766$0$0$2,870,272
97$9,878,528$0$0$3,086,892
98$10,610,389$0$0$3,323,208
99$11,408,214$0$0$3,581,155
100$12,278,457$0$0$3,862,860