Can I retire at age 49 with 900,000?

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 $900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$74,321$73,659$73,013$72,383$71,767$69,084
2 years$36,793$36,107$35,443$34,799$34,175$31,502
3 years$24,285$23,597$22,934$22,296$21,682$19,104
4 years$18,032$17,346$16,690$16,063$15,464$13,000
5 years$14,281$13,599$12,952$12,338$11,755$9,412
6 years$11,782$11,105$10,467$9,867$9,302$7,081
7 years$9,997$9,326$8,698$8,112$7,565$5,466
8 years$8,659$7,994$7,377$6,805$6,276$4,297
9 years$7,619$6,960$6,354$5,796$5,285$3,423
10 years$6,787$6,135$5,539$4,997$4,503$2,755
11 years$6,108$5,462$4,877$4,348$3,873$2,234
12 years$5,541$4,902$4,328$3,814$3,356$1,824
13 years$5,063$4,430$3,867$3,367$2,927$1,495
14 years$4,653$4,027$3,474$2,989$2,565$1,231
15 years$4,298$3,679$3,137$2,666$2,259$1,017
16 years$3,987$3,375$2,844$2,387$1,996$842
17 years$3,714$3,108$2,588$2,145$1,770$699
18 years$3,471$2,872$2,362$1,933$1,574$581
19 years$3,254$2,662$2,163$1,746$1,403$483
20 years$3,059$2,474$1,985$1,582$1,253$403
21 years$2,883$2,304$1,826$1,436$1,121$336
22 years$2,722$2,151$1,683$1,305$1,005$280
23 years$2,577$2,012$1,554$1,189$902$234
24 years$2,443$1,885$1,437$1,084$811$196
25 years$2,320$1,769$1,331$990$730$164
26 years$2,207$1,662$1,234$905$657$137
27 years$2,103$1,564$1,146$829$593$115
28 years$2,006$1,474$1,065$759$535$96
29 years$1,916$1,391$991$696$483$80
30 years$1,832$1,313$924$639$436$67
31 years$1,754$1,242$861$587$394$56
32 years$1,680$1,175$803$539$357$47
33 years$1,612$1,113$750$496$323$40
34 years$1,547$1,054$701$456$292$33
35 years$1,487$1,000$655$420$265$28
36 years$1,429$949$613$387$240$23
37 years$1,375$902$574$356$217$19
38 years$1,324$857$537$329$197$16
39 years$1,276$815$503$303$179$14
40 years$1,230$775$472$279$162$11
41 years$1,187$738$442$258$147$10
42 years$1,146$703$415$238$133$8
43 years$1,107$670$389$220$121$7
44 years$1,069$638$366$203$110$6
45 years$1,034$609$343$187$100$5
46 years$1,000$581$322$173$91$4
47 years$968$554$303$160$82$3
48 years$937$529$285$148$75$3
49 years$907$505$267$136$68$2
50 years$879$482$251$126$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $900,000, adding $5,798 every year, while hoping to spend $32,142 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: 33/42/25 Blend
48$900,000$900,000$900,000$900,000
49$997,781$950,081$936,131$1,022,938
50$1,065,355$962,436$933,292$1,054,738
51$1,138,746$974,319$929,281$1,085,694
52$1,218,510$985,673$924,025$1,118,415
53$1,305,265$996,438$917,446$1,153,079
54$1,399,686$1,006,547$909,465$1,189,882
55$1,502,519$1,015,933$899,997$1,229,043
56$1,614,582$1,024,520$888,953$1,270,805
57$1,736,779$1,032,231$876,242$1,315,437
58$1,870,101$1,038,981$861,767$1,363,239
59$2,015,641$1,044,681$845,426$1,414,541
60$2,174,602$1,049,236$827,114$1,469,714
61$2,348,309$1,052,546$806,719$1,529,165
62$2,538,218$1,054,502$784,126$1,593,346
63$2,745,935$1,054,991$759,213$1,662,761
64$2,973,227$1,053,892$731,853$1,737,966
65$3,222,039$1,051,077$701,913$1,819,577
66$3,494,515$1,046,408$669,256$1,908,278
67$3,793,015$1,039,740$633,734$2,004,826
68$4,120,136$1,030,921$595,198$2,110,058
69$4,478,741$1,019,787$553,488$2,224,904
70$4,871,981$1,006,166$508,439$2,350,391
71$5,303,329$989,873$459,877$2,487,655
72$5,776,608$970,717$407,623$2,637,956
73$6,296,030$948,490$351,487$2,802,686
74$6,866,235$922,976$291,271$2,983,385
75$7,492,334$893,944$226,771$3,181,758
76$8,179,955$861,151$157,771$3,399,688
77$8,935,300$824,337$84,047$3,639,261
78$9,765,202$783,231$5,364$3,902,778
79$10,677,187$737,544$0$4,192,789
80$11,679,547$686,970$0$4,533,074
81$12,781,415$631,186$0$4,908,667
82$13,992,857$569,851$0$5,321,646
83$15,324,959$502,605$0$5,775,882
84$16,789,938$429,065$0$6,275,649
85$18,401,252$348,830$0$6,825,665
86$20,173,731$261,474$0$7,431,132
87$22,123,713$166,547$0$8,097,796
88$24,269,198$63,575$0$8,831,991
89$26,630,023$0$0$9,640,711
90$29,228,041$0$0$10,553,826
91$32,087,332$0$0$11,591,265
92$35,234,429$0$0$12,733,294
93$38,698,567$0$0$13,990,540
94$42,511,958$0$0$15,374,717
95$46,710,099$0$0$16,898,730
96$51,332,101$0$0$18,576,799
97$56,421,061$0$0$20,424,595
98$62,024,466$0$0$22,459,385
99$68,194,646$0$0$24,700,195
100$74,989,260$0$0$27,167,991