Can I retire at age 49 with 860,000?

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 $860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$71,018$70,385$69,768$69,166$68,578$67,414
2 years$35,157$34,503$33,868$33,253$32,656$31,487
3 years$23,205$22,548$21,915$21,305$20,718$19,581
4 years$17,231$16,575$15,948$15,349$14,776$13,679
5 years$13,647$12,995$12,377$11,790$11,233$10,178
6 years$11,258$10,611$10,002$9,428$8,888$7,878
7 years$9,553$8,911$8,312$7,752$7,228$6,263
8 years$8,274$7,639$7,049$6,503$5,997$5,076
9 years$7,280$6,651$6,071$5,539$5,050$4,173
10 years$6,486$5,862$5,293$4,774$4,303$3,469
11 years$5,836$5,219$4,660$4,155$3,701$2,909
12 years$5,295$4,684$4,136$3,645$3,207$2,457
13 years$4,838$4,233$3,695$3,218$2,796$2,087
14 years$4,446$3,848$3,320$2,856$2,451$1,780
15 years$4,107$3,515$2,997$2,547$2,158$1,525
16 years$3,810$3,225$2,718$2,281$1,908$1,311
17 years$3,549$2,970$2,473$2,049$1,691$1,129
18 years$3,317$2,745$2,257$1,847$1,504$976
19 years$3,109$2,544$2,067$1,669$1,340$844
20 years$2,923$2,364$1,897$1,511$1,197$732
21 years$2,754$2,202$1,745$1,372$1,071$635
22 years$2,601$2,055$1,608$1,247$960$552
23 years$2,462$1,922$1,485$1,136$862$481
24 years$2,334$1,801$1,373$1,036$775$419
25 years$2,217$1,690$1,272$946$697$365
26 years$2,109$1,588$1,179$865$628$318
27 years$2,009$1,495$1,095$792$566$278
28 years$1,917$1,409$1,018$725$511$243
29 years$1,831$1,329$947$665$461$212
30 years$1,751$1,255$882$611$417$185
31 years$1,676$1,186$823$561$377$162
32 years$1,606$1,123$768$515$341$142
33 years$1,540$1,063$717$474$309$124
34 years$1,479$1,008$670$436$279$108
35 years$1,421$956$626$401$253$95
36 years$1,366$907$586$370$229$83
37 years$1,314$861$548$341$208$73
38 years$1,266$819$513$314$188$64
39 years$1,219$779$481$289$171$56
40 years$1,176$741$451$267$155$49
41 years$1,134$705$423$246$141$43
42 years$1,095$671$397$227$128$37
43 years$1,057$640$372$210$116$33
44 years$1,022$610$349$194$105$29
45 years$988$582$328$179$95$25
46 years$955$555$308$165$87$22
47 years$925$529$289$153$79$19
48 years$895$505$272$141$71$17
49 years$867$483$256$130$65$15
50 years$840$461$240$121$59$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $860,000, adding $2,779 every year, while hoping to spend $47,934 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: 43/29/28 Blend
48$860,000$860,000$860,000$860,000
49$950,587$905,007$891,677$983,597
50$996,545$898,350$870,546$1,000,869
51$1,045,585$889,762$847,102$1,014,818
52$1,097,969$879,095$821,214$1,029,016
53$1,153,988$866,196$792,751$1,043,516
54$1,213,957$850,902$761,570$1,058,376
55$1,278,224$833,040$727,526$1,073,667
56$1,347,170$812,426$690,466$1,089,469
57$1,421,214$788,868$650,229$1,105,875
58$1,500,814$762,159$606,648$1,122,993
59$1,586,475$732,082$559,548$1,140,943
60$1,678,749$698,408$508,747$1,159,867
61$1,778,244$660,892$454,053$1,179,921
62$1,885,628$619,279$395,267$1,201,288
63$2,001,635$573,296$332,181$1,224,172
64$2,127,069$522,656$264,577$1,248,804
65$2,262,818$467,054$192,228$1,275,446
66$2,409,856$406,169$114,897$1,304,394
67$2,569,252$339,663$32,337$1,335,981
68$2,742,185$267,175$0$1,370,579
69$2,929,949$188,328$0$1,425,273
70$3,133,969$102,722$0$1,495,265
71$3,355,812$9,933$0$1,571,497
72$3,597,202$0$0$1,654,651
73$3,860,034$0$0$1,774,354
74$4,146,398$0$0$1,908,325
75$4,458,588$0$0$2,054,481
76$4,799,134$0$0$2,214,016
77$5,170,816$0$0$2,388,249
78$5,576,699$0$0$2,578,627
79$6,020,154$0$0$2,786,748
80$6,504,891$0$0$3,014,368
81$7,034,999$0$0$3,263,422
82$7,614,975$0$0$3,536,039
83$8,249,775$0$0$3,834,565
84$8,944,854$0$0$4,161,582
85$9,706,219$0$0$4,519,937
86$10,540,487$0$0$4,912,760
87$11,454,943$0$0$5,343,503
88$12,457,613$0$0$5,815,965
89$13,557,334$0$0$6,334,332
90$14,763,842$0$0$6,903,214
91$16,087,859$0$0$7,527,691
92$17,541,196$0$0$8,213,354
93$19,136,863$0$0$8,966,367
94$20,889,192$0$0$9,793,518
95$22,813,970$0$0$10,702,285
96$24,928,589$0$0$11,700,906
97$27,252,208$0$0$12,798,456
98$29,805,935$0$0$14,004,933
99$32,613,023$0$0$15,331,355
100$35,699,091$0$0$16,789,855