Can I retire at age 49 with 730,000?

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 $730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$60,283$59,746$59,222$58,711$58,211$56,712
2 years$29,843$29,287$28,748$28,226$27,720$26,219
3 years$19,698$19,139$18,602$18,085$17,586$16,132
4 years$14,626$14,070$13,538$13,029$12,543$11,145
5 years$11,584$11,031$10,506$10,008$9,535$8,198
6 years$9,556$9,007$8,490$8,003$7,545$6,269
7 years$8,109$7,564$7,055$6,580$6,136$4,923
8 years$7,024$6,484$5,984$5,520$5,090$3,939
9 years$6,180$5,646$5,154$4,702$4,287$3,196
10 years$5,505$4,976$4,493$4,053$3,652$2,621
11 years$4,954$4,430$3,956$3,527$3,141$2,168
12 years$4,495$3,976$3,510$3,094$2,722$1,804
13 years$4,106$3,593$3,136$2,731$2,374$1,510
14 years$3,774$3,266$2,818$2,425$2,081$1,270
15 years$3,486$2,984$2,544$2,162$1,832$1,071
16 years$3,234$2,738$2,307$1,936$1,619$906
17 years$3,012$2,521$2,099$1,740$1,436$769
18 years$2,815$2,330$1,916$1,568$1,277$653
19 years$2,639$2,159$1,754$1,417$1,138$556
20 years$2,481$2,006$1,610$1,283$1,016$474
21 years$2,338$1,869$1,481$1,164$910$405
22 years$2,208$1,745$1,365$1,059$815$346
23 years$2,090$1,632$1,260$964$732$296
24 years$1,982$1,529$1,165$879$658$253
25 years$1,882$1,435$1,079$803$592$217
26 years$1,790$1,348$1,001$734$533$186
27 years$1,706$1,269$930$672$481$159
28 years$1,627$1,196$864$616$434$137
29 years$1,554$1,128$804$565$392$117
30 years$1,486$1,065$749$518$354$101
31 years$1,422$1,007$698$476$320$86
32 years$1,363$953$652$437$289$74
33 years$1,307$902$608$402$262$64
34 years$1,255$855$568$370$237$55
35 years$1,206$811$531$341$215$47
36 years$1,159$770$497$314$195$40
37 years$1,116$731$465$289$176$35
38 years$1,074$695$436$266$160$30
39 years$1,035$661$408$246$145$26
40 years$998$629$383$227$132$22
41 years$963$598$359$209$119$19
42 years$929$570$337$193$108$16
43 years$898$543$316$178$98$14
44 years$867$518$296$164$89$12
45 years$839$494$278$152$81$10
46 years$811$471$261$140$74$9
47 years$785$449$246$130$67$8
48 years$760$429$231$120$61$7
49 years$736$410$217$111$55$6
50 years$713$391$204$102$50$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $730,000, adding $2,813 every year, while hoping to spend $21,643 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: 25/49/26 Blend
48$730,000$730,000$730,000$730,000
49$807,362$768,672$757,357$820,873
50$866,685$783,309$759,700$846,880
51$931,333$797,937$761,397$872,708
52$1,001,827$812,535$762,402$899,946
53$1,078,740$827,075$762,669$928,726
54$1,162,702$841,533$762,149$959,195
55$1,254,407$855,877$760,790$991,516
56$1,354,619$870,077$758,539$1,025,868
57$1,464,179$884,100$755,338$1,062,450
58$1,584,012$897,908$751,129$1,101,483
59$1,715,139$911,463$745,850$1,143,211
60$1,858,682$924,723$739,435$1,187,905
61$2,015,877$937,644$731,815$1,235,864
62$2,188,086$950,178$722,920$1,287,419
63$2,376,807$962,273$712,675$1,342,938
64$2,583,693$973,876$701,000$1,402,825
65$2,810,561$984,927$687,815$1,467,530
66$3,059,414$995,365$673,034$1,537,549
67$3,332,459$1,005,123$656,565$1,613,433
68$3,632,126$1,014,130$638,316$1,695,788
69$3,961,091$1,022,310$618,188$1,785,288
70$4,322,303$1,029,584$596,078$1,882,676
71$4,719,010$1,035,865$571,878$1,988,773
72$5,154,789$1,041,063$545,476$2,104,489
73$5,633,583$1,045,081$516,755$2,230,827
74$6,159,733$1,047,815$485,592$2,368,899
75$6,738,024$1,049,156$451,857$2,519,932
76$7,373,726$1,048,987$415,417$2,685,281
77$8,072,644$1,047,186$376,132$2,866,445
78$8,841,176$1,043,621$333,855$3,065,081
79$9,686,370$1,038,152$288,433$3,283,016
80$10,615,991$1,030,632$239,706$3,522,271
81$11,638,593$1,020,904$187,508$3,785,079
82$12,763,604$1,008,803$131,664$4,073,904
83$14,001,409$994,152$71,992$4,391,468
84$15,363,451$976,764$8,302$4,740,777
85$16,862,340$956,442$0$5,125,149
86$18,511,967$932,976$0$5,564,802
87$20,327,641$906,145$0$6,050,763
88$22,326,229$875,715$0$6,585,251
89$24,526,315$841,436$0$7,173,259
90$26,948,379$803,045$0$7,820,292
91$29,614,985$760,266$0$8,532,425
92$32,550,998$712,803$0$9,316,356
93$35,783,815$660,347$0$10,179,472
94$39,343,628$602,567$0$11,129,922
95$43,263,701$539,116$0$12,176,690
96$47,580,694$469,628$0$13,329,688
97$52,334,999$393,714$0$14,599,842
98$57,571,127$310,964$0$15,999,205
99$63,338,126$220,945$0$17,541,066
100$69,690,042$123,199$0$19,240,079