Can I retire at age 49 with 910,000?

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 $910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$75,147$74,478$73,825$73,187$72,565$72,047
2 years$37,201$36,509$35,837$35,186$34,555$34,033
3 years$24,555$23,859$23,189$22,544$21,923$21,413
4 years$18,232$17,539$16,876$16,242$15,636$15,141
5 years$14,440$13,751$13,096$12,475$11,886$11,409
6 years$11,913$11,228$10,584$9,977$9,405$8,946
7 years$10,108$9,430$8,795$8,202$7,649$7,207
8 years$8,755$8,083$7,459$6,881$6,345$5,922
9 years$7,704$7,038$6,424$5,861$5,344$4,938
10 years$6,863$6,203$5,601$5,052$4,553$4,165
11 years$6,175$5,522$4,931$4,397$3,916$3,546
12 years$5,603$4,957$4,376$3,857$3,393$3,040
13 years$5,119$4,479$3,910$3,405$2,959$2,623
14 years$4,704$4,072$3,513$3,022$2,594$2,274
15 years$4,345$3,719$3,172$2,695$2,284$1,980
16 years$4,032$3,413$2,876$2,413$2,019$1,730
17 years$3,755$3,143$2,617$2,168$1,790$1,516
18 years$3,510$2,904$2,389$1,954$1,591$1,332
19 years$3,290$2,692$2,187$1,766$1,418$1,173
20 years$3,093$2,501$2,007$1,599$1,267$1,035
21 years$2,915$2,330$1,846$1,451$1,134$915
22 years$2,753$2,175$1,701$1,320$1,016$810
23 years$2,605$2,034$1,571$1,202$912$718
24 years$2,470$1,906$1,453$1,096$820$637
25 years$2,346$1,788$1,346$1,001$738$566
26 years$2,232$1,681$1,248$915$665$503
27 years$2,126$1,582$1,159$838$599$448
28 years$2,028$1,491$1,077$768$541$398
29 years$1,937$1,406$1,003$704$488$355
30 years$1,852$1,328$934$646$441$316
31 years$1,773$1,255$871$593$399$282
32 years$1,699$1,188$812$545$361$252
33 years$1,630$1,125$758$501$326$225
34 years$1,564$1,066$709$461$296$201
35 years$1,503$1,011$662$425$268$179
36 years$1,445$960$620$391$243$160
37 years$1,391$912$580$360$220$143
38 years$1,339$866$543$332$199$128
39 years$1,290$824$509$306$181$114
40 years$1,244$784$477$283$164$102
41 years$1,200$746$447$261$149$91
42 years$1,159$711$420$241$135$82
43 years$1,119$677$394$222$122$73
44 years$1,081$645$370$205$111$65
45 years$1,045$615$347$189$101$58
46 years$1,011$587$326$175$92$52
47 years$978$560$306$162$83$47
48 years$947$535$288$149$76$42
49 years$917$511$270$138$69$37
50 years$888$488$254$128$62$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $910,000, adding $6,547 every year, while hoping to spend $40,844 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: 73/9/18 Blend
48$910,000$910,000$910,000$910,000
49$1,009,573$961,343$947,238$1,078,563
50$1,069,092$964,991$935,513$1,128,870
51$1,133,313$967,449$922,026$1,178,372
52$1,202,672$968,616$906,675$1,231,543
53$1,277,649$968,383$889,354$1,288,739
54$1,358,772$966,636$869,950$1,350,351
55$1,446,620$963,254$848,346$1,416,814
56$1,541,829$958,107$824,419$1,488,605
57$1,645,101$951,060$798,043$1,566,251
58$1,757,205$941,966$769,081$1,650,333
59$1,878,990$930,673$737,396$1,741,493
60$2,011,388$917,016$702,839$1,840,437
61$2,155,423$900,823$665,258$1,947,946
62$2,312,224$881,912$624,492$2,064,881
63$2,483,033$860,088$580,374$2,192,191
64$2,669,216$835,145$532,730$2,330,923
65$2,872,276$806,868$481,377$2,482,233
66$3,093,869$775,024$426,123$2,647,396
67$3,335,815$739,372$366,770$2,827,815
68$3,600,121$699,654$303,110$3,025,043
69$3,888,994$655,598$234,924$3,240,789
70$4,204,863$606,914$161,987$3,476,938
71$4,550,407$553,300$84,061$3,735,572
72$4,928,570$494,434$898$4,018,983
73$5,342,597$429,974$0$4,329,703
74$5,796,061$359,562$0$4,687,394
75$6,292,897$282,819$0$5,079,542
76$6,837,438$199,342$0$5,509,422
77$7,434,457$108,710$0$5,980,833
78$8,089,208$10,473$0$6,497,960
79$8,807,482$0$0$7,065,416
80$9,595,655$0$0$7,697,774
81$10,460,750$0$0$8,393,030
82$11,410,505$0$0$9,156,369
83$12,453,442$0$0$9,994,648
84$13,598,948$0$0$10,915,417
85$14,857,367$0$0$11,926,997
86$16,240,092$0$0$13,038,551
87$17,759,673$0$0$14,260,176
88$19,429,940$0$0$15,602,995
89$21,266,125$0$0$17,079,263
90$23,285,012$0$0$18,702,479
91$25,505,093$0$0$20,487,520
92$27,946,739$0$0$22,450,772
93$30,632,398$0$0$24,610,293
94$33,586,799$0$0$26,985,974
95$36,837,191$0$0$29,599,737
96$40,413,596$0$0$32,475,731
97$44,349,093$0$0$35,640,566
98$48,680,130$0$0$39,123,562
99$53,446,866$0$0$42,957,025
100$58,693,553$0$0$47,176,551