Can I retire at age 49 with 760,000?

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 $760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$62,760$62,201$61,656$61,123$60,603$58,199
2 years$31,069$30,491$29,930$29,386$28,859$26,466
3 years$20,507$19,926$19,367$18,828$18,309$16,004
4 years$15,227$14,648$14,094$13,565$13,058$10,857
5 years$12,060$11,484$10,937$10,419$9,927$7,836
6 years$9,949$9,378$8,839$8,332$7,855$5,876
7 years$8,442$7,875$7,345$6,850$6,388$4,520
8 years$7,312$6,751$6,229$5,746$5,299$3,540
9 years$6,434$5,878$5,365$4,895$4,463$2,810
10 years$5,732$5,181$4,678$4,219$3,803$2,253
11 years$5,157$4,612$4,118$3,672$3,270$1,820
12 years$4,679$4,140$3,655$3,221$2,834$1,480
13 years$4,275$3,741$3,265$2,844$2,471$1,208
14 years$3,929$3,400$2,934$2,524$2,166$991
15 years$3,629$3,106$2,649$2,251$1,907$815
16 years$3,367$2,850$2,402$2,016$1,686$672
17 years$3,136$2,625$2,185$1,811$1,495$555
18 years$2,931$2,425$1,995$1,632$1,329$459
19 years$2,748$2,248$1,826$1,475$1,185$380
20 years$2,583$2,089$1,676$1,336$1,058$316
21 years$2,434$1,946$1,542$1,212$947$262
22 years$2,299$1,816$1,421$1,102$849$218
23 years$2,176$1,699$1,312$1,004$762$181
24 years$2,063$1,592$1,213$916$685$151
25 years$1,959$1,494$1,124$836$616$125
26 years$1,864$1,404$1,042$764$555$104
27 years$1,776$1,321$968$700$500$87
28 years$1,694$1,245$900$641$452$72
29 years$1,618$1,174$837$588$408$60
30 years$1,547$1,109$780$540$368$50
31 years$1,481$1,048$727$496$333$42
32 years$1,419$992$678$455$301$35
33 years$1,361$939$633$419$273$29
34 years$1,307$890$592$385$247$24
35 years$1,255$845$553$355$224$20
36 years$1,207$802$518$327$203$17
37 years$1,161$761$484$301$184$14
38 years$1,118$724$454$277$166$12
39 years$1,078$688$425$256$151$10
40 years$1,039$655$398$236$137$8
41 years$1,002$623$374$218$124$7
42 years$968$593$350$201$113$6
43 years$934$565$329$185$102$5
44 years$903$539$309$171$93$4
45 years$873$514$290$158$84$3
46 years$844$490$272$146$77$3
47 years$817$468$256$135$70$2
48 years$791$447$240$125$63$2
49 years$766$427$226$115$57$2
50 years$742$407$212$107$52$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $760,000, adding $4,025 every year, while hoping to spend $42,476 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: 49/40/11 Blend
48$760,000$760,000$760,000$760,000
49$841,672$801,392$789,612$880,213
50$882,328$795,466$770,870$901,165
51$925,708$787,826$750,076$919,123
52$972,044$778,343$727,117$937,662
53$1,021,591$766,881$701,875$956,849
54$1,074,630$753,295$674,224$976,759
55$1,131,468$737,431$644,036$997,480
56$1,192,440$719,128$611,174$1,019,110
57$1,257,917$698,213$575,496$1,041,759
58$1,328,303$674,505$536,854$1,065,555
59$1,404,045$647,810$495,093$1,090,639
60$1,485,630$617,925$450,051$1,117,171
61$1,573,595$584,635$401,559$1,145,331
62$1,668,531$547,711$349,440$1,175,323
63$1,771,084$506,912$293,510$1,207,373
64$1,881,968$461,983$233,575$1,241,739
65$2,001,963$412,656$169,435$1,278,705
66$2,131,932$358,644$100,879$1,318,595
67$2,272,819$299,647$27,689$1,361,767
68$2,425,665$235,348$0$1,408,623
69$2,591,612$165,410$0$1,465,532
70$2,771,921$89,479$0$1,530,930
71$2,967,973$7,180$0$1,602,155
72$3,181,292$0$0$1,679,862
73$3,413,554$0$0$1,800,823
74$3,666,600$0$0$1,936,127
75$3,942,461$0$0$2,083,707
76$4,243,369$0$0$2,244,769
77$4,571,780$0$0$2,420,638
78$4,930,400$0$0$2,612,773
79$5,322,207$0$0$2,822,780
80$5,750,479$0$0$3,052,429
81$6,218,825$0$0$3,303,665
82$6,731,219$0$0$3,578,635
83$7,292,036$0$0$3,879,698
84$7,906,095$0$0$4,209,456
85$8,578,702$0$0$4,570,770
86$9,315,699$0$0$4,966,795
87$10,123,522$0$0$5,401,003
88$11,009,258$0$0$5,877,219
89$11,980,713$0$0$6,399,657
90$13,046,485$0$0$6,972,958
91$14,216,043$0$0$7,602,231
92$15,499,818$0$0$8,293,109
93$16,909,302$0$0$9,051,792
94$18,457,150$0$0$9,885,114
95$20,157,307$0$0$10,800,602
96$22,025,132$0$0$11,806,546
97$24,077,546$0$0$12,912,081
98$26,333,191$0$0$14,127,270
99$28,812,603$0$0$15,463,201
100$31,538,408$0$0$16,932,088