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%11.5%
1 years$59,870$59,337$58,816$58,308$57,813$57,448
2 years$29,639$29,087$28,552$28,033$27,530$27,162
3 years$19,563$19,008$18,475$17,961$17,466$17,107
4 years$14,526$13,973$13,445$12,940$12,457$12,109
5 years$11,504$10,955$10,434$9,939$9,470$9,133
6 years$9,491$8,946$8,432$7,948$7,493$7,169
7 years$8,053$7,513$7,007$6,535$6,094$5,782
8 years$6,975$6,440$5,943$5,482$5,055$4,757
9 years$6,138$5,607$5,118$4,669$4,257$3,971
10 years$5,468$4,942$4,462$4,025$3,627$3,354
11 years$4,920$4,400$3,929$3,503$3,120$2,858
12 years$4,464$3,949$3,486$3,073$2,704$2,454
13 years$4,078$3,569$3,115$2,713$2,358$2,120
14 years$3,748$3,244$2,799$2,408$2,067$1,840
15 years$3,462$2,963$2,527$2,147$1,820$1,604
16 years$3,212$2,719$2,291$1,923$1,608$1,404
17 years$2,992$2,504$2,085$1,728$1,426$1,232
18 years$2,796$2,314$1,903$1,557$1,268$1,084
19 years$2,621$2,144$1,742$1,407$1,130$956
20 years$2,464$1,993$1,599$1,274$1,009$845
21 years$2,322$1,856$1,471$1,156$903$748
22 years$2,193$1,733$1,355$1,051$810$663
23 years$2,076$1,620$1,252$958$727$588
24 years$1,968$1,518$1,157$873$653$523
25 years$1,869$1,425$1,072$798$588$465
26 years$1,778$1,339$994$729$530$414
27 years$1,694$1,260$923$668$477$369
28 years$1,616$1,188$858$612$431$329
29 years$1,543$1,120$799$561$389$294
30 years$1,476$1,058$744$515$351$262
31 years$1,413$1,000$694$473$318$234
32 years$1,354$946$647$434$287$209
33 years$1,298$896$604$400$260$187
34 years$1,246$849$565$368$236$167
35 years$1,198$806$528$338$213$150
36 years$1,151$765$494$312$193$134
37 years$1,108$726$462$287$175$120
38 years$1,067$690$433$265$159$107
39 years$1,028$656$405$244$144$96
40 years$991$624$380$225$131$86
41 years$956$594$356$208$119$77
42 years$923$566$334$192$108$69
43 years$891$539$314$177$98$62
44 years$861$514$294$163$89$55
45 years$833$490$276$151$80$50
46 years$805$468$260$139$73$44
47 years$779$446$244$129$66$40
48 years$754$426$229$119$60$36
49 years$731$407$215$110$55$32
50 years$708$389$203$102$50$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $725,000, adding $6,434 every year, while hoping to spend $37,321 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: 60/30/10 Blend
48$725,000$725,000$725,000$725,000
49$805,587$767,162$755,924$851,678
50$848,047$765,043$741,538$881,273
51$893,588$761,570$725,420$908,725
52$942,484$756,637$707,471$937,749
53$995,036$750,131$687,590$968,500
54$1,051,575$741,933$665,670$1,001,148
55$1,112,466$731,918$641,600$1,035,881
56$1,178,107$719,951$615,263$1,072,911
57$1,248,936$705,891$586,537$1,112,469
58$1,325,436$689,589$555,294$1,154,815
59$1,408,136$670,884$521,402$1,200,234
60$1,497,618$649,609$484,721$1,249,044
61$1,594,521$625,586$445,105$1,301,597
62$1,699,549$598,626$402,403$1,358,283
63$1,813,475$568,531$356,455$1,419,535
64$1,937,149$535,089$307,097$1,485,832
65$2,071,507$498,077$254,153$1,557,703
66$2,217,578$457,260$197,445$1,635,737
67$2,376,494$412,389$136,782$1,720,584
68$2,549,499$363,199$71,967$1,812,965
69$2,737,966$309,413$2,796$1,913,677
70$2,943,401$250,737$0$2,023,603
71$3,167,464$186,860$0$2,151,297
72$3,411,983$117,454$0$2,291,073
73$3,678,969$42,172$0$2,443,852
74$3,970,634$0$0$2,610,984
75$4,289,415$0$0$2,806,949
76$4,637,997$0$0$3,036,511
77$5,019,332$0$0$3,287,701
78$5,436,673$0$0$3,562,668
79$5,893,603$0$0$3,863,780
80$6,394,065$0$0$4,193,643
81$6,942,402$0$0$4,555,129
82$7,543,398$0$0$4,951,399
83$8,202,321$0$0$5,385,936
84$8,924,973$0$0$5,862,574
85$9,717,745$0$0$6,385,539
86$10,587,676$0$0$6,959,482
87$11,542,521$0$0$7,589,531
88$12,590,818$0$0$8,281,330
89$13,741,977$0$0$9,041,100
90$15,006,362$0$0$9,875,690
91$16,395,389$0$0$10,792,650
92$17,921,636$0$0$11,800,293
93$19,598,958$0$0$12,907,779
94$21,442,621$0$0$14,125,201
95$23,469,441$0$0$15,463,676
96$25,697,947$0$0$16,935,452
97$28,148,550$0$0$18,554,027
98$30,843,742$0$0$20,334,267
99$33,808,300$0$0$22,292,555
100$37,069,527$0$0$24,446,941