Can I retire at age 49 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$61,934$61,383$60,844$60,319$59,806$57,524
2 years$30,661$30,090$29,536$29,000$28,479$26,207
3 years$20,237$19,664$19,112$18,580$18,068$15,877
4 years$15,027$14,455$13,909$13,386$12,886$10,793
5 years$11,901$11,333$10,794$10,282$9,796$7,806
6 years$9,818$9,254$8,723$8,222$7,751$5,866
7 years$8,331$7,772$7,249$6,760$6,304$4,523
8 years$7,216$6,662$6,147$5,671$5,230$3,551
9 years$6,349$5,800$5,295$4,830$4,404$2,826
10 years$5,656$5,113$4,616$4,164$3,753$2,271
11 years$5,090$4,551$4,064$3,624$3,227$1,840
12 years$4,618$4,085$3,607$3,179$2,797$1,500
13 years$4,219$3,692$3,222$2,806$2,439$1,228
14 years$3,877$3,356$2,895$2,491$2,138$1,010
15 years$3,581$3,066$2,614$2,222$1,882$833
16 years$3,323$2,813$2,370$1,989$1,664$688
17 years$3,095$2,590$2,157$1,787$1,475$570
18 years$2,892$2,394$1,969$1,611$1,312$473
19 years$2,712$2,218$1,802$1,455$1,169$393
20 years$2,549$2,061$1,654$1,318$1,044$327
21 years$2,402$1,920$1,521$1,196$934$273
22 years$2,269$1,792$1,402$1,088$838$227
23 years$2,147$1,676$1,295$991$752$190
24 years$2,036$1,571$1,197$903$676$158
25 years$1,934$1,474$1,109$825$608$132
26 years$1,839$1,385$1,029$754$548$110
27 years$1,752$1,304$955$691$494$92
28 years$1,672$1,228$888$633$446$77
29 years$1,597$1,159$826$580$402$64
30 years$1,527$1,094$770$532$364$54
31 years$1,461$1,035$717$489$329$45
32 years$1,400$979$669$449$297$38
33 years$1,343$927$625$413$269$31
34 years$1,289$879$584$380$244$26
35 years$1,239$833$546$350$221$22
36 years$1,191$791$511$322$200$18
37 years$1,146$751$478$297$181$15
38 years$1,104$714$448$274$164$13
39 years$1,063$679$419$252$149$11
40 years$1,025$646$393$233$135$9
41 years$989$615$369$215$123$8
42 years$955$586$346$198$111$6
43 years$922$558$324$183$101$5
44 years$891$532$305$169$92$4
45 years$861$507$286$156$83$4
46 years$833$484$269$144$76$3
47 years$806$462$252$133$69$3
48 years$780$441$237$123$62$2
49 years$756$421$223$114$57$2
50 years$732$402$210$105$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $750,000, adding $2,827 every year, while hoping to spend $55,575 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: 36/46/18 Blend
48$750,000$750,000$750,000$750,000
49$829,416$789,666$778,041$854,640
50$854,885$769,228$744,974$852,782
51$881,089$745,926$708,937$845,351
52$908,045$719,562$669,771$836,162
53$935,769$689,923$627,311$825,089
54$964,276$656,788$581,384$811,999
55$993,582$619,920$531,811$796,751
56$1,023,702$579,071$478,401$779,195
57$1,054,651$533,977$420,959$759,174
58$1,086,442$484,359$359,278$736,520
59$1,119,089$429,922$293,144$711,057
60$1,152,604$370,356$222,332$682,597
61$1,186,997$305,331$146,607$650,943
62$1,222,278$234,500$65,726$615,886
63$1,258,456$157,495$0$577,204
64$1,295,536$73,930$0$538,618
65$1,333,522$0$0$509,654
66$1,372,418$0$0$485,873
67$1,412,221$0$0$499,818
68$1,452,929$0$0$514,064
69$1,494,533$0$0$528,605
70$1,537,024$0$0$543,436
71$1,580,385$0$0$558,549
72$1,624,596$0$0$573,933
73$1,669,632$0$0$589,577
74$1,715,461$0$0$605,465
75$1,762,042$0$0$621,579
76$1,809,331$0$0$637,900
77$1,857,271$0$0$654,402
78$1,905,798$0$0$671,057
79$1,954,836$0$0$687,834
80$2,004,297$0$0$704,694
81$2,054,080$0$0$721,594
82$2,104,070$0$0$738,487
83$2,154,133$0$0$755,317
84$2,204,120$0$0$772,020
85$2,253,858$0$0$788,527
86$2,303,155$0$0$804,757
87$2,351,791$0$0$820,620
88$2,399,520$0$0$836,015
89$2,446,064$0$0$850,828
90$2,491,112$0$0$864,934
91$2,534,316$0$0$878,188
92$2,575,283$0$0$890,433
93$2,613,576$0$0$901,491
94$2,648,707$0$0$911,164
95$2,680,131$0$0$919,232
96$2,707,239$0$0$925,449
97$2,729,355$0$0$929,543
98$2,745,725$0$0$931,210
99$2,755,511$0$0$930,113
100$2,757,782$0$0$925,878