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%19.9%
1 years$74,321$73,659$73,013$72,383$71,767$68,920
2 years$36,793$36,107$35,443$34,799$34,175$31,341
3 years$24,285$23,597$22,934$22,296$21,682$18,952
4 years$18,032$17,346$16,690$16,063$15,464$12,857
5 years$14,281$13,599$12,952$12,338$11,755$9,280
6 years$11,782$11,105$10,467$9,867$9,302$6,958
7 years$9,997$9,326$8,698$8,112$7,565$5,353
8 years$8,659$7,994$7,377$6,805$6,276$4,193
9 years$7,619$6,960$6,354$5,796$5,285$3,328
10 years$6,787$6,135$5,539$4,997$4,503$2,668
11 years$6,108$5,462$4,877$4,348$3,873$2,156
12 years$5,541$4,902$4,328$3,814$3,356$1,752
13 years$5,063$4,430$3,867$3,367$2,927$1,431
14 years$4,653$4,027$3,474$2,989$2,565$1,173
15 years$4,298$3,679$3,137$2,666$2,259$965
16 years$3,987$3,375$2,844$2,387$1,996$795
17 years$3,714$3,108$2,588$2,145$1,770$657
18 years$3,471$2,872$2,362$1,933$1,574$544
19 years$3,254$2,662$2,163$1,746$1,403$450
20 years$3,059$2,474$1,985$1,582$1,253$374
21 years$2,883$2,304$1,826$1,436$1,121$310
22 years$2,722$2,151$1,683$1,305$1,005$258
23 years$2,577$2,012$1,554$1,189$902$214
24 years$2,443$1,885$1,437$1,084$811$178
25 years$2,320$1,769$1,331$990$730$148
26 years$2,207$1,662$1,234$905$657$124
27 years$2,103$1,564$1,146$829$593$103
28 years$2,006$1,474$1,065$759$535$86
29 years$1,916$1,391$991$696$483$71
30 years$1,832$1,313$924$639$436$59
31 years$1,754$1,242$861$587$394$50
32 years$1,680$1,175$803$539$357$41
33 years$1,612$1,113$750$496$323$34
34 years$1,547$1,054$701$456$292$29
35 years$1,487$1,000$655$420$265$24
36 years$1,429$949$613$387$240$20
37 years$1,375$902$574$356$217$17
38 years$1,324$857$537$329$197$14
39 years$1,276$815$503$303$179$12
40 years$1,230$775$472$279$162$10
41 years$1,187$738$442$258$147$8
42 years$1,146$703$415$238$133$7
43 years$1,107$670$389$220$121$6
44 years$1,069$638$366$203$110$5
45 years$1,034$609$343$187$100$4
46 years$1,000$581$322$173$91$3
47 years$968$554$303$160$82$3
48 years$937$529$285$148$75$2
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 $6,888 every year, while hoping to spend $56,846 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: 36/46/18 Blend
48$900,000$900,000$900,000$900,000
49$998,905$951,205$937,255$1,029,174
50$1,040,310$937,330$908,169$1,037,907
51$1,084,032$920,871$876,204$1,041,488
52$1,130,249$901,639$841,203$1,044,160
53$1,179,153$879,438$803,002$1,045,874
54$1,230,955$854,058$761,430$1,046,581
55$1,285,883$825,278$716,308$1,046,231
56$1,344,189$792,862$667,451$1,044,777
57$1,406,147$756,564$614,661$1,042,171
58$1,472,058$716,119$557,736$1,038,368
59$1,542,250$671,251$496,463$1,033,324
60$1,617,083$621,666$430,618$1,027,000
61$1,696,951$567,053$359,969$1,019,359
62$1,782,285$507,084$284,273$1,010,369
63$1,873,560$441,412$203,278$1,000,003
64$1,971,293$369,671$116,717$988,241
65$2,076,053$291,474$24,316$975,071
66$2,188,466$206,411$0$960,490
67$2,309,215$114,051$0$958,773
68$2,439,052$13,937$0$961,584
69$2,578,804$0$0$964,341
70$2,729,375$0$0$1,014,949
71$2,891,762$0$0$1,077,234
72$3,067,059$0$0$1,144,573
73$3,256,466$0$0$1,217,441
74$3,461,304$0$0$1,296,358
75$3,683,026$0$0$1,381,900
76$3,923,226$0$0$1,474,697
77$4,183,659$0$0$1,575,441
78$4,466,255$0$0$1,684,897
79$4,773,135$0$0$1,803,904
80$5,106,634$0$0$1,933,384
81$5,469,318$0$0$2,074,354
82$5,864,014$0$0$2,227,931
83$6,293,828$0$0$2,395,346
84$6,762,181$0$0$2,577,953
85$7,272,838$0$0$2,777,241
86$7,829,940$0$0$2,994,852
87$8,438,048$0$0$3,232,590
88$9,102,181$0$0$3,492,444
89$9,827,864$0$0$3,776,601
90$10,621,180$0$0$4,087,473
91$11,488,827$0$0$4,427,712
92$12,438,179$0$0$4,800,240
93$13,477,356$0$0$5,208,274
94$14,615,299$0$0$5,655,357
95$15,861,855$0$0$6,145,392
96$17,227,868$0$0$6,682,675
97$18,725,278$0$0$7,271,941
98$20,367,240$0$0$7,918,403
99$22,168,240$0$0$8,627,802
100$24,144,233$0$0$9,406,464