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%17.9%
1 years$59,870$59,337$58,816$58,308$57,813$55,962
2 years$29,639$29,087$28,552$28,033$27,530$25,682
3 years$19,563$19,008$18,475$17,961$17,466$15,680
4 years$14,526$13,973$13,445$12,940$12,457$10,746
5 years$11,504$10,955$10,434$9,939$9,470$7,838
6 years$9,491$8,946$8,432$7,948$7,493$5,942
7 years$8,053$7,513$7,007$6,535$6,094$4,623
8 years$6,975$6,440$5,943$5,482$5,055$3,665
9 years$6,138$5,607$5,118$4,669$4,257$2,945
10 years$5,468$4,942$4,462$4,025$3,627$2,391
11 years$4,920$4,400$3,929$3,503$3,120$1,957
12 years$4,464$3,949$3,486$3,073$2,704$1,612
13 years$4,078$3,569$3,115$2,713$2,358$1,335
14 years$3,748$3,244$2,799$2,408$2,067$1,110
15 years$3,462$2,963$2,527$2,147$1,820$926
16 years$3,212$2,719$2,291$1,923$1,608$774
17 years$2,992$2,504$2,085$1,728$1,426$649
18 years$2,796$2,314$1,903$1,557$1,268$545
19 years$2,621$2,144$1,742$1,407$1,130$459
20 years$2,464$1,993$1,599$1,274$1,009$386
21 years$2,322$1,856$1,471$1,156$903$326
22 years$2,193$1,733$1,355$1,051$810$275
23 years$2,076$1,620$1,252$958$727$232
24 years$1,968$1,518$1,157$873$653$196
25 years$1,869$1,425$1,072$798$588$166
26 years$1,778$1,339$994$729$530$140
27 years$1,694$1,260$923$668$477$119
28 years$1,616$1,188$858$612$431$101
29 years$1,543$1,120$799$561$389$85
30 years$1,476$1,058$744$515$351$72
31 years$1,413$1,000$694$473$318$61
32 years$1,354$946$647$434$287$52
33 years$1,298$896$604$400$260$44
34 years$1,246$849$565$368$236$37
35 years$1,198$806$528$338$213$32
36 years$1,151$765$494$312$193$27
37 years$1,108$726$462$287$175$23
38 years$1,067$690$433$265$159$19
39 years$1,028$656$405$244$144$16
40 years$991$624$380$225$131$14
41 years$956$594$356$208$119$12
42 years$923$566$334$192$108$10
43 years$891$539$314$177$98$8
44 years$861$514$294$163$89$7
45 years$833$490$276$151$80$6
46 years$805$468$260$139$73$5
47 years$779$446$244$129$66$4
48 years$754$426$229$119$60$4
49 years$731$407$215$110$55$3
50 years$708$389$203$102$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $725,000, adding $2,281 every year, while hoping to spend $34,226 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: 36/49/15 Blend
48$725,000$725,000$725,000$725,000
49$801,303$762,878$751,640$826,388
50$846,620$763,843$740,404$845,669
51$895,411$763,708$727,644$863,054
52$947,997$762,383$713,274$881,085
53$1,004,725$759,772$697,201$899,837
54$1,065,981$755,775$679,332$919,396
55$1,132,187$750,284$659,565$939,860
56$1,203,806$743,183$637,796$961,336
57$1,281,348$734,353$613,916$983,949
58$1,365,374$723,666$587,811$1,007,837
59$1,456,501$710,984$559,362$1,033,157
60$1,555,407$696,164$528,442$1,060,083
61$1,662,836$679,054$494,923$1,088,815
62$1,779,610$659,493$458,668$1,119,572
63$1,906,631$637,308$419,533$1,152,603
64$2,044,890$612,320$377,371$1,188,186
65$2,195,482$584,336$332,026$1,226,631
66$2,359,607$553,155$283,335$1,268,287
67$2,538,589$518,561$231,128$1,313,542
68$2,733,883$480,329$175,230$1,362,830
69$2,947,093$438,219$115,454$1,416,634
70$3,179,983$391,977$51,607$1,475,496
71$3,434,494$341,337$0$1,540,016
72$3,712,765$286,015$0$1,613,511
73$4,017,150$225,713$0$1,703,068
74$4,350,241$160,116$0$1,801,286
75$4,714,894$88,889$0$1,909,123
76$5,114,249$11,681$0$2,027,648
77$5,551,770$0$0$2,158,041
78$6,031,268$0$0$2,340,370
79$6,556,941$0$0$2,547,266
80$7,133,413$0$0$2,774,263
81$7,765,777$0$0$3,023,380
82$8,459,641$0$0$3,296,840
83$9,221,185$0$0$3,597,092
84$10,057,214$0$0$3,926,836
85$10,975,225$0$0$4,289,043
86$11,983,477$0$0$4,686,988
87$13,091,067$0$0$5,124,277
88$14,308,018$0$0$5,604,886
89$15,645,369$0$0$6,133,191
90$17,115,286$0$0$6,714,017
91$18,731,168$0$0$7,352,677
92$20,507,779$0$0$8,055,025
93$22,461,384$0$0$8,827,514
94$24,609,903$0$0$9,677,249
95$26,973,082$0$0$10,612,060
96$29,572,674$0$0$11,640,576
97$32,432,646$0$0$12,772,302
98$35,579,408$0$0$14,017,713
99$39,042,056$0$0$15,388,348
100$42,852,652$0$0$16,896,924