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%13.6%
1 years$70,192$69,567$68,957$68,362$67,780$66,767
2 years$34,749$34,101$33,474$32,866$32,276$31,258
3 years$22,936$22,286$21,660$21,058$20,477$19,486
4 years$17,030$16,382$15,763$15,171$14,605$13,647
5 years$13,488$12,844$12,233$11,653$11,102$10,181
6 years$11,127$10,488$9,886$9,319$8,785$7,902
7 years$9,442$8,808$8,215$7,661$7,144$6,299
8 years$8,178$7,550$6,967$6,427$5,927$5,120
9 years$7,196$6,574$6,001$5,474$4,991$4,222
10 years$6,410$5,794$5,232$4,719$4,253$3,521
11 years$5,768$5,158$4,606$4,107$3,658$2,962
12 years$5,234$4,630$4,088$3,602$3,170$2,509
13 years$4,781$4,184$3,652$3,180$2,764$2,138
14 years$4,394$3,803$3,281$2,823$2,423$1,830
15 years$4,059$3,474$2,963$2,518$2,133$1,573
16 years$3,766$3,188$2,686$2,254$1,885$1,357
17 years$3,507$2,936$2,444$2,026$1,672$1,173
18 years$3,278$2,713$2,231$1,825$1,486$1,017
19 years$3,073$2,514$2,043$1,649$1,325$884
20 years$2,889$2,336$1,875$1,494$1,183$769
21 years$2,722$2,176$1,724$1,356$1,059$670
22 years$2,571$2,031$1,589$1,233$949$585
23 years$2,433$1,900$1,467$1,123$852$511
24 years$2,307$1,780$1,357$1,024$766$447
25 years$2,191$1,670$1,257$935$689$391
26 years$2,085$1,570$1,166$855$621$342
27 years$1,986$1,478$1,082$783$560$300
28 years$1,894$1,392$1,006$717$505$263
29 years$1,809$1,313$936$658$456$231
30 years$1,730$1,240$872$603$412$202
31 years$1,656$1,173$813$554$373$178
32 years$1,587$1,109$759$509$337$156
33 years$1,522$1,051$708$468$305$137
34 years$1,461$996$662$431$276$120
35 years$1,404$945$619$397$250$106
36 years$1,350$897$579$365$227$93
37 years$1,299$851$542$337$205$82
38 years$1,251$809$507$310$186$72
39 years$1,205$769$475$286$169$63
40 years$1,162$732$446$264$153$56
41 years$1,121$697$418$243$139$49
42 years$1,082$664$392$225$126$43
43 years$1,045$632$368$207$114$38
44 years$1,010$603$345$192$104$33
45 years$976$575$324$177$94$29
46 years$944$548$304$163$86$26
47 years$914$523$286$151$78$23
48 years$885$500$269$139$71$20
49 years$857$477$253$129$64$18
50 years$830$456$238$119$58$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $850,000, adding $3,553 every year, while hoping to spend $57,744 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: 27/46/27 Blend
48$850,000$850,000$850,000$850,000
49$940,365$895,315$882,140$957,761
50$974,843$877,746$850,252$954,494
51$1,010,902$857,381$815,361$945,774
52$1,048,644$834,022$777,305$935,231
53$1,088,175$807,459$735,915$922,747
54$1,129,615$777,471$691,014$908,203
55$1,173,091$743,822$642,418$891,471
56$1,218,741$706,264$589,934$872,419
57$1,266,717$664,535$533,361$850,909
58$1,317,181$618,356$472,488$826,797
59$1,370,313$567,435$407,095$799,933
60$1,426,305$511,460$336,953$770,161
61$1,485,370$450,103$261,823$737,319
62$1,547,737$383,017$181,453$701,239
63$1,613,657$309,836$95,583$661,744
64$1,683,405$230,173$3,940$618,655
65$1,757,280$143,619$0$571,784
66$1,835,608$49,742$0$547,976
67$1,918,747$0$0$522,961
68$2,007,087$0$0$521,764
69$2,101,056$0$0$547,348
70$2,201,120$0$0$574,670
71$2,307,793$0$0$603,882
72$2,421,634$0$0$635,146
73$2,543,258$0$0$668,645
74$2,673,338$0$0$704,574
75$2,812,612$0$0$743,152
76$2,961,890$0$0$784,616
77$3,122,060$0$0$829,228
78$3,294,095$0$0$877,275
79$3,479,067$0$0$929,071
80$3,678,148$0$0$984,964
81$3,892,628$0$0$1,045,333
82$4,123,923$0$0$1,110,597
83$4,373,589$0$0$1,181,215
84$4,643,336$0$0$1,257,692
85$4,935,041$0$0$1,340,584
86$5,250,770$0$0$1,430,501
87$5,592,792$0$0$1,528,114
88$5,963,604$0$0$1,634,162
89$6,365,949$0$0$1,749,458
90$6,802,847$0$0$1,874,896
91$7,277,616$0$0$2,011,458
92$7,793,910$0$0$2,160,228
93$8,355,745$0$0$2,322,395
94$8,967,545$0$0$2,499,271
95$9,634,172$0$0$2,692,298
96$10,360,981$0$0$2,903,063
97$11,153,865$0$0$3,133,316
98$12,019,309$0$0$3,384,980
99$12,964,452$0$0$3,660,174
100$13,997,154$0$0$3,961,230