Can I retire at age 49 with 575,000?

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 $575,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$47,483$47,060$46,647$46,245$45,851$44,852
2 years$23,506$23,069$22,644$22,233$21,834$20,832
3 years$15,515$15,076$14,652$14,245$13,852$12,880
4 years$11,520$11,082$10,663$10,263$9,880$8,943
5 years$9,124$8,689$8,275$7,883$7,510$6,613
6 years$7,527$7,095$6,687$6,304$5,943$5,085
7 years$6,387$5,958$5,557$5,183$4,833$4,015
8 years$5,532$5,107$4,713$4,348$4,009$3,232
9 years$4,868$4,447$4,059$3,703$3,377$2,638
10 years$4,336$3,920$3,539$3,192$2,877$2,177
11 years$3,902$3,489$3,116$2,778$2,474$1,812
12 years$3,540$3,132$2,765$2,437$2,144$1,518
13 years$3,234$2,830$2,470$2,151$1,870$1,279
14 years$2,973$2,573$2,220$1,910$1,639$1,083
15 years$2,746$2,350$2,004$1,703$1,443$920
16 years$2,547$2,156$1,817$1,525$1,275$784
17 years$2,373$1,986$1,653$1,370$1,131$670
18 years$2,218$1,835$1,509$1,235$1,006$573
19 years$2,079$1,701$1,382$1,116$896$492
20 years$1,954$1,580$1,268$1,011$801$423
21 years$1,842$1,472$1,166$917$716$363
22 years$1,739$1,374$1,075$834$642$313
23 years$1,646$1,285$993$759$576$270
24 years$1,561$1,204$918$693$518$233
25 years$1,482$1,130$850$633$466$201
26 years$1,410$1,062$789$578$420$174
27 years$1,343$999$732$529$379$150
28 years$1,282$942$681$485$342$130
29 years$1,224$888$633$445$308$112
30 years$1,170$839$590$408$279$97
31 years$1,120$793$550$375$252$84
32 years$1,074$751$513$345$228$73
33 years$1,030$711$479$317$206$63
34 years$989$674$448$292$187$55
35 years$950$639$419$268$169$47
36 years$913$606$392$247$153$41
37 years$879$576$367$228$139$36
38 years$846$547$343$210$126$31
39 years$815$521$322$194$114$27
40 years$786$495$301$179$104$23
41 years$758$471$283$165$94$20
42 years$732$449$265$152$85$17
43 years$707$428$249$140$77$15
44 years$683$408$234$130$70$13
45 years$660$389$219$120$64$11
46 years$639$371$206$111$58$10
47 years$618$354$193$102$53$9
48 years$598$338$182$94$48$7
49 years$579$323$171$87$43$6
50 years$561$308$161$81$39$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $575,000, adding $6,028 every year, while hoping to spend $29,013 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: 40/34/26 Blend
48$575,000$575,000$575,000$575,000
49$639,868$609,393$600,480$660,343
50$674,265$608,384$589,727$674,710
51$711,198$606,352$577,641$687,082
52$750,895$603,219$564,147$699,904
53$793,607$598,897$549,166$713,232
54$839,608$593,296$532,616$727,136
55$889,200$586,320$514,411$741,689
56$942,715$577,866$494,461$756,977
57$1,000,518$567,827$472,671$773,099
58$1,063,008$556,088$448,943$790,161
59$1,130,626$542,527$423,173$808,289
60$1,203,855$527,017$395,255$827,620
61$1,283,228$509,420$365,076$848,310
62$1,369,330$489,594$332,518$870,534
63$1,462,802$467,385$297,459$894,488
64$1,564,354$442,633$259,769$920,393
65$1,674,763$415,167$219,316$948,494
66$1,794,885$384,806$175,960$979,068
67$1,925,663$351,361$129,554$1,012,422
68$2,068,132$314,630$79,946$1,048,900
69$2,223,434$274,399$26,976$1,088,888
70$2,392,824$230,444$0$1,132,812
71$2,577,683$182,527$0$1,189,351
72$2,779,533$130,397$0$1,259,356
73$3,000,048$73,789$0$1,335,979
74$3,241,071$12,423$0$1,419,933
75$3,504,631$0$0$1,512,007
76$3,792,963$0$0$1,633,275
77$4,108,527$0$0$1,771,158
78$4,454,032$0$0$1,922,200
79$4,832,462$0$0$2,087,716
80$5,247,100$0$0$2,269,152
81$5,701,567$0$0$2,468,102
82$6,199,845$0$0$2,686,321
83$6,746,325$0$0$2,925,742
84$7,345,840$0$0$3,188,495
85$8,003,714$0$0$3,476,925
86$8,725,812$0$0$3,793,616
87$9,518,594$0$0$4,141,414
88$10,389,176$0$0$4,523,453
89$11,345,398$0$0$4,943,189
90$12,395,896$0$0$5,404,425
91$13,550,182$0$0$5,911,355
92$14,818,736$0$0$6,468,594
93$16,213,107$0$0$7,081,232
94$17,746,013$0$0$7,754,874
95$19,431,469$0$0$8,495,695
96$21,284,916$0$0$9,310,499
97$23,323,365$0$0$10,206,782
98$25,565,559$0$0$11,192,805
99$28,032,147$0$0$12,277,668
100$30,745,882$0$0$13,471,397