Can I retire at age 49 with 725,000?

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 $725,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$59,870$59,337$58,816$58,308$57,813$56,165
2 years$29,639$29,087$28,552$28,033$27,530$25,882
3 years$19,563$19,008$18,475$17,961$17,466$15,871
4 years$14,526$13,973$13,445$12,940$12,457$10,926
5 years$11,504$10,955$10,434$9,939$9,470$8,007
6 years$9,491$8,946$8,432$7,948$7,493$6,100
7 years$8,053$7,513$7,007$6,535$6,094$4,771
8 years$6,975$6,440$5,943$5,482$5,055$3,802
9 years$6,138$5,607$5,118$4,669$4,257$3,072
10 years$5,468$4,942$4,462$4,025$3,627$2,508
11 years$4,920$4,400$3,929$3,503$3,120$2,065
12 years$4,464$3,949$3,486$3,073$2,704$1,711
13 years$4,078$3,569$3,115$2,713$2,358$1,425
14 years$3,748$3,244$2,799$2,408$2,067$1,192
15 years$3,462$2,963$2,527$2,147$1,820$1,001
16 years$3,212$2,719$2,291$1,923$1,608$843
17 years$2,992$2,504$2,085$1,728$1,426$711
18 years$2,796$2,314$1,903$1,557$1,268$601
19 years$2,621$2,144$1,742$1,407$1,130$509
20 years$2,464$1,993$1,599$1,274$1,009$432
21 years$2,322$1,856$1,471$1,156$903$367
22 years$2,193$1,733$1,355$1,051$810$312
23 years$2,076$1,620$1,252$958$727$265
24 years$1,968$1,518$1,157$873$653$226
25 years$1,869$1,425$1,072$798$588$192
26 years$1,778$1,339$994$729$530$164
27 years$1,694$1,260$923$668$477$140
28 years$1,616$1,188$858$612$431$119
29 years$1,543$1,120$799$561$389$102
30 years$1,476$1,058$744$515$351$87
31 years$1,413$1,000$694$473$318$74
32 years$1,354$946$647$434$287$63
33 years$1,298$896$604$400$260$54
34 years$1,246$849$565$368$236$46
35 years$1,198$806$528$338$213$39
36 years$1,151$765$494$312$193$34
37 years$1,108$726$462$287$175$29
38 years$1,067$690$433$265$159$25
39 years$1,028$656$405$244$144$21
40 years$991$624$380$225$131$18
41 years$956$594$356$208$119$15
42 years$923$566$334$192$108$13
43 years$891$539$314$177$98$11
44 years$861$514$294$163$89$10
45 years$833$490$276$151$80$8
46 years$805$468$260$139$73$7
47 years$779$446$244$129$66$6
48 years$754$426$229$119$60$5
49 years$731$407$215$110$55$4
50 years$708$389$203$102$50$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $725,000, adding $3,097 every year, while hoping to spend $28,163 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: 33/41/26 Blend
48$725,000$725,000$725,000$725,000
49$802,145$763,720$752,482$822,176
50$853,998$771,177$747,725$845,033
51$910,197$778,055$741,865$866,913
52$971,154$784,297$734,834$889,937
53$1,037,325$789,841$726,564$914,225
54$1,109,209$794,620$716,981$939,912
55$1,187,357$798,565$706,008$967,146
56$1,272,373$801,600$693,566$996,094
57$1,364,924$803,648$679,570$1,026,942
58$1,465,743$804,623$663,932$1,059,896
59$1,575,636$804,437$646,560$1,095,187
60$1,695,490$802,993$627,359$1,133,071
61$1,826,281$800,191$606,227$1,173,832
62$1,969,086$795,925$583,060$1,217,787
63$2,125,088$790,080$557,747$1,265,288
64$2,295,588$782,536$530,174$1,316,727
65$2,482,023$773,165$500,219$1,372,537
66$2,685,972$761,832$467,759$1,433,202
67$2,909,172$748,393$432,660$1,499,257
68$3,153,540$732,697$394,786$1,571,296
69$3,421,184$714,582$353,994$1,649,978
70$3,714,426$693,877$310,134$1,736,034
71$4,035,823$670,403$263,050$1,830,275
72$4,388,193$643,969$212,578$1,933,599
73$4,774,637$614,371$158,547$2,047,002
74$5,198,572$581,397$100,780$2,171,586
75$5,663,761$544,821$39,091$2,308,573
76$6,174,350$504,402$0$2,459,316
77$6,734,905$459,889$0$2,632,731
78$7,350,455$411,014$0$2,835,111
79$8,026,543$357,495$0$3,057,495
80$8,769,271$299,033$0$3,301,974
81$9,585,364$235,313$0$3,570,855
82$10,482,230$166,002$0$3,866,690
83$11,468,030$90,749$0$4,192,295
84$12,551,755$9,181$0$4,550,779
85$13,743,310$0$0$4,945,576
86$15,053,609$0$0$5,416,158
87$16,494,675$0$0$5,938,382
88$18,079,757$0$0$6,512,921
89$19,823,450$0$0$7,145,080
90$21,741,835$0$0$7,840,707
91$23,852,632$0$0$8,606,243
92$26,175,364$0$0$9,448,785
93$28,731,542$0$0$10,376,155
94$31,544,869$0$0$11,396,970
95$34,641,460$0$0$12,520,726
96$38,050,093$0$0$13,757,884
97$41,802,475$0$0$15,119,974
98$45,933,545$0$0$16,619,698
99$50,481,802$0$0$18,271,056
100$55,489,666$0$0$20,089,470