Can I retire at age 48 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$66,889$66,293$65,712$65,145$64,591$62,249
2 years$33,113$32,497$31,899$31,319$30,757$28,424
3 years$21,856$21,237$20,641$20,067$19,514$17,262
4 years$16,229$15,611$15,021$14,457$13,917$11,765
5 years$12,853$12,240$11,657$11,104$10,580$8,531
6 years$10,604$9,994$9,421$8,880$8,371$6,429
7 years$8,997$8,393$7,829$7,301$6,808$4,971
8 years$7,793$7,195$6,639$6,125$5,648$3,915
9 years$6,857$6,264$5,718$5,217$4,756$3,124
10 years$6,109$5,522$4,985$4,497$4,053$2,519
11 years$5,497$4,916$4,389$3,914$3,486$2,047
12 years$4,987$4,412$3,895$3,433$3,020$1,674
13 years$4,556$3,987$3,480$3,031$2,634$1,376
14 years$4,187$3,624$3,127$2,690$2,309$1,135
15 years$3,868$3,311$2,823$2,399$2,033$939
16 years$3,589$3,038$2,560$2,148$1,797$780
17 years$3,342$2,797$2,329$1,930$1,593$648
18 years$3,124$2,585$2,126$1,739$1,416$540
19 years$2,929$2,396$1,946$1,572$1,263$451
20 years$2,753$2,226$1,786$1,424$1,128$376
21 years$2,594$2,074$1,643$1,292$1,009$315
22 years$2,450$1,936$1,514$1,175$905$263
23 years$2,319$1,810$1,398$1,070$812$220
24 years$2,199$1,696$1,293$976$730$185
25 years$2,088$1,592$1,198$891$657$155
26 years$1,987$1,496$1,111$815$592$130
27 years$1,892$1,408$1,031$746$533$109
28 years$1,805$1,327$959$683$481$91
29 years$1,724$1,252$892$627$435$77
30 years$1,649$1,182$831$575$393$64
31 years$1,578$1,117$775$528$355$54
32 years$1,512$1,057$723$485$321$45
33 years$1,451$1,001$675$446$291$38
34 years$1,393$949$631$411$263$32
35 years$1,338$900$590$378$238$27
36 years$1,286$854$552$348$216$23
37 years$1,238$811$516$321$196$19
38 years$1,192$771$484$296$177$16
39 years$1,149$733$453$273$161$13
40 years$1,107$698$425$251$146$11
41 years$1,068$664$398$232$132$9
42 years$1,031$632$373$214$120$8
43 years$996$603$350$198$109$7
44 years$962$574$329$183$99$6
45 years$930$548$309$169$90$5
46 years$900$523$290$156$82$4
47 years$871$499$273$144$74$3
48 years$843$476$256$133$67$3
49 years$816$455$241$123$61$2
50 years$791$434$226$114$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 48 starting with $810,000, adding $4,537 every year, while hoping to spend $26,216 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: 49/26/25 Blend
47$810,000$810,000$810,000$810,000
48$897,300$854,370$841,815$934,716
49$960,931$868,340$842,122$975,281
50$1,030,174$882,117$841,561$1,016,346
51$1,105,573$895,662$840,075$1,060,434
52$1,187,728$908,936$837,604$1,107,845
53$1,277,298$921,896$834,086$1,158,905
54$1,375,010$934,496$829,455$1,213,979
55$1,481,662$946,688$823,643$1,273,465
56$1,598,135$958,419$816,578$1,337,808
57$1,725,396$969,633$808,185$1,407,494
58$1,864,512$980,270$798,385$1,483,062
59$2,016,656$990,267$787,094$1,565,109
60$2,183,121$999,556$774,228$1,654,291
61$2,365,329$1,008,064$759,694$1,751,333
62$2,564,847$1,015,714$743,399$1,857,036
63$2,783,402$1,022,424$725,243$1,972,283
64$3,022,892$1,028,107$705,122$2,098,051
65$3,285,412$1,032,668$682,928$2,235,415
66$3,573,265$1,036,010$658,547$2,385,565
67$3,888,991$1,038,028$631,861$2,549,812
68$4,235,385$1,038,608$602,746$2,729,602
69$4,615,527$1,037,633$571,071$2,926,534
70$5,032,810$1,034,976$536,701$3,142,370
71$5,490,971$1,030,504$499,495$3,379,055
72$5,994,126$1,024,075$459,304$3,638,734
73$6,546,809$1,015,537$415,973$3,923,775
74$7,154,017$1,004,731$369,341$4,236,791
75$7,821,252$991,488$319,239$4,580,663
76$8,554,577$975,629$265,491$4,958,571
77$9,360,671$956,962$207,912$5,374,022
78$10,246,893$935,286$146,311$5,830,885
79$11,221,350$910,389$80,485$6,333,428
80$12,292,973$882,044$10,227$6,886,357
81$13,471,604$850,011$0$7,494,866
82$14,768,085$814,039$0$8,181,954
83$16,194,361$773,859$0$8,940,698
84$17,763,596$729,188$0$9,775,398
85$19,490,291$679,726$0$10,693,801
86$21,390,425$625,158$0$11,704,450
87$23,481,606$565,147$0$12,816,760
88$25,783,231$499,341$0$14,041,109
89$28,316,677$427,365$0$15,388,936
90$31,105,496$348,824$0$16,872,853
91$34,175,641$263,301$0$18,506,757
92$37,555,709$170,355$0$20,305,971
93$41,277,209$69,520$0$22,287,381
94$45,374,863$0$0$24,469,600
95$49,886,930$0$0$26,884,504
96$54,855,569$0$0$29,565,787
97$60,327,234$0$0$32,518,640
98$66,353,116$0$0$35,770,705
99$72,989,621$0$0$39,352,437
100$80,298,907$0$0$43,297,400