Can I retire at age 49 with 630,000?

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 $630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$52,025$51,561$51,109$50,668$50,237$49,023
2 years$25,755$25,275$24,810$24,360$23,922$22,706
3 years$16,999$16,518$16,054$15,607$15,177$13,997
4 years$12,622$12,142$11,683$11,244$10,825$9,690
5 years$9,997$9,520$9,067$8,637$8,229$7,142
6 years$8,247$7,773$7,327$6,907$6,511$5,474
7 years$6,998$6,528$6,089$5,678$5,295$4,308
8 years$6,061$5,596$5,164$4,764$4,393$3,455
9 years$5,333$4,872$4,448$4,057$3,699$2,810
10 years$4,751$4,295$3,878$3,498$3,152$2,311
11 years$4,275$3,823$3,414$3,044$2,711$1,916
12 years$3,879$3,432$3,030$2,670$2,349$1,599
13 years$3,544$3,101$2,707$2,357$2,049$1,342
14 years$3,257$2,819$2,432$2,092$1,796$1,131
15 years$3,008$2,575$2,196$1,866$1,581$957
16 years$2,791$2,363$1,991$1,671$1,397$812
17 years$2,600$2,176$1,812$1,501$1,239$691
18 years$2,430$2,011$1,654$1,353$1,102$589
19 years$2,278$1,863$1,514$1,222$982$503
20 years$2,141$1,732$1,389$1,107$877$430
21 years$2,018$1,613$1,278$1,005$785$368
22 years$1,906$1,506$1,178$914$704$316
23 years$1,804$1,408$1,088$832$632$271
24 years$1,710$1,319$1,006$759$568$233
25 years$1,624$1,238$932$693$511$200
26 years$1,545$1,164$864$634$460$172
27 years$1,472$1,095$802$580$415$148
28 years$1,404$1,032$746$531$374$127
29 years$1,341$973$694$487$338$110
30 years$1,282$919$646$447$305$94
31 years$1,228$869$603$411$276$81
32 years$1,176$822$562$378$250$70
33 years$1,128$779$525$347$226$60
34 years$1,083$738$491$319$205$52
35 years$1,041$700$459$294$185$45
36 years$1,001$664$429$271$168$39
37 years$963$631$402$250$152$33
38 years$927$600$376$230$138$29
39 years$893$570$352$212$125$25
40 years$861$543$330$196$114$21
41 years$831$517$310$180$103$18
42 years$802$492$290$167$93$16
43 years$775$469$273$154$85$14
44 years$749$447$256$142$77$12
45 years$724$426$240$131$70$10
46 years$700$406$226$121$63$9
47 years$677$388$212$112$58$8
48 years$656$370$199$103$52$7
49 years$635$354$187$96$48$6
50 years$615$338$176$88$43$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $630,000, adding $5,250 every year, while hoping to spend $29,124 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: 82/10/8 Blend
48$630,000$630,000$630,000$630,000
49$699,675$666,285$656,520$755,935
50$740,055$667,946$647,526$795,175
51$783,576$668,711$637,254$833,823
52$830,530$668,507$625,632$875,362
53$881,235$667,255$612,581$920,065
54$936,041$664,870$598,022$968,233
55$995,331$661,263$581,870$1,020,197
56$1,059,530$656,339$564,037$1,076,323
57$1,129,100$649,999$544,431$1,137,011
58$1,204,555$642,135$522,956$1,202,704
59$1,286,454$632,634$499,510$1,273,891
60$1,375,417$621,378$473,988$1,351,109
61$1,472,123$608,239$446,280$1,434,948
62$1,577,321$593,084$416,271$1,526,063
63$1,691,832$575,769$383,841$1,625,171
64$1,816,562$556,145$348,863$1,733,066
65$1,952,508$534,053$311,207$1,850,618
66$2,100,766$509,324$270,735$1,978,792
67$2,262,544$481,780$227,303$2,118,646
68$2,439,169$451,233$180,763$2,271,350
69$2,632,103$417,483$130,959$2,438,191
70$2,842,958$380,319$77,726$2,620,588
71$3,073,504$339,520$20,894$2,820,106
72$3,325,694$294,849$0$3,038,469
73$3,601,677$246,058$0$3,280,971
74$3,903,817$192,884$0$3,548,436
75$4,234,721$135,050$0$3,841,405
76$4,597,258$72,263$0$4,162,439
77$4,994,587$4,213$0$4,514,362
78$5,430,189$0$0$4,900,284
79$5,907,896$0$0$5,331,271
80$6,431,929$0$0$5,804,578
81$7,006,939$0$0$6,323,941
82$7,638,048$0$0$6,893,990
83$8,330,895$0$0$7,519,821
84$9,091,697$0$0$8,207,050
85$9,927,299$0$0$8,961,863
86$10,845,242$0$0$9,791,075
87$11,853,834$0$0$10,702,191
88$12,962,227$0$0$11,703,483
89$14,180,504$0$0$12,804,062
90$15,519,774$0$0$14,013,964
91$16,992,274$0$0$15,344,249
92$18,611,488$0$0$16,807,100
93$20,392,271$0$0$18,415,941
94$22,350,989$0$0$20,185,560
95$24,505,677$0$0$22,132,254
96$26,876,201$0$0$24,273,974
97$29,484,453$0$0$26,630,504
98$32,354,554$0$0$29,223,638
99$35,513,080$0$0$32,077,391
100$38,989,314$0$0$35,218,225