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 $6,182 every year, while hoping to spend $25,498 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: 64/31/5 Blend
48$575,000$575,000$575,000$575,000
49$640,027$609,552$600,639$680,132
50$678,180$612,290$593,631$710,322
51$719,370$614,308$585,533$739,680
52$763,880$615,543$576,283$771,068
53$812,021$615,930$565,813$804,680
54$864,134$615,398$554,055$840,731
55$920,595$613,872$540,936$879,457
56$981,817$611,273$526,379$921,121
57$1,048,255$607,518$510,305$966,011
58$1,120,407$602,517$492,630$1,014,446
59$1,198,824$596,175$473,269$1,066,779
60$1,284,110$588,393$452,129$1,123,399
61$1,376,929$579,065$429,115$1,184,736
62$1,478,014$568,077$404,129$1,251,264
63$1,588,170$555,311$377,065$1,323,506
64$1,708,282$540,641$347,816$1,402,042
65$1,839,327$523,932$316,268$1,487,510
66$1,982,378$505,044$282,303$1,580,615
67$2,138,616$483,827$245,795$1,682,136
68$2,309,343$460,122$206,617$1,792,932
69$2,495,990$433,762$164,633$1,913,952
70$2,700,135$404,570$119,702$2,046,243
71$2,923,513$372,359$71,677$2,190,961
72$3,168,037$336,930$20,403$2,349,383
73$3,435,812$298,074$0$2,522,917
74$3,729,155$255,571$0$2,714,948
75$4,050,621$209,186$0$2,926,642
76$4,403,020$158,672$0$3,158,812
77$4,789,451$103,769$0$3,413,558
78$5,213,322$44,202$0$3,693,196
79$5,678,393$0$0$4,000,280
80$6,188,799$0$0$4,344,563
81$6,749,100$0$0$4,739,093
82$7,364,317$0$0$5,172,335
83$8,039,981$0$0$5,648,187
84$8,782,184$0$0$6,170,947
85$9,597,638$0$0$6,745,348
86$10,493,739$0$0$7,376,604
87$11,478,632$0$0$8,070,460
88$12,561,291$0$0$8,833,245
89$13,751,605$0$0$9,671,931
90$15,060,467$0$0$10,594,200
91$16,499,877$0$0$11,608,517
92$18,083,059$0$0$12,724,206
93$19,824,583$0$0$13,951,541
94$21,740,498$0$0$15,301,842
95$23,848,492$0$0$16,787,582
96$26,168,051$0$0$18,422,504
97$28,720,646$0$0$20,221,749
98$31,529,935$0$0$22,202,002
99$34,621,984$0$0$24,381,646
100$38,025,515$0$0$26,780,938