Can I retire at age 49 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$63,999$63,429$62,873$62,330$61,800$60,281
2 years$31,683$31,093$30,521$29,966$29,428$27,908
3 years$20,912$20,319$19,749$19,200$18,671$17,196
4 years$15,528$14,937$14,372$13,832$13,316$11,898
5 years$12,298$11,711$11,153$10,624$10,123$8,765
6 years$10,145$9,563$9,014$8,496$8,010$6,715
7 years$8,609$8,031$7,490$6,985$6,514$5,281
8 years$7,456$6,884$6,352$5,860$5,404$4,233
9 years$6,561$5,994$5,471$4,991$4,551$3,441
10 years$5,845$5,283$4,770$4,303$3,878$2,827
11 years$5,259$4,703$4,199$3,745$3,335$2,343
12 years$4,772$4,221$3,727$3,284$2,890$1,954
13 years$4,359$3,815$3,330$2,900$2,520$1,639
14 years$4,006$3,468$2,992$2,574$2,209$1,380
15 years$3,701$3,168$2,701$2,296$1,945$1,167
16 years$3,434$2,906$2,449$2,055$1,719$989
17 years$3,198$2,677$2,229$1,847$1,524$841
18 years$2,989$2,473$2,034$1,664$1,355$716
19 years$2,802$2,292$1,862$1,504$1,208$611
20 years$2,634$2,130$1,709$1,362$1,079$522
21 years$2,482$1,984$1,572$1,236$966$447
22 years$2,344$1,852$1,449$1,124$866$383
23 years$2,219$1,732$1,338$1,024$777$328
24 years$2,104$1,623$1,237$934$698$282
25 years$1,998$1,523$1,146$853$628$242
26 years$1,901$1,431$1,063$780$566$208
27 years$1,811$1,347$987$714$510$179
28 years$1,727$1,269$917$654$460$154
29 years$1,650$1,198$854$600$416$132
30 years$1,578$1,131$795$550$376$114
31 years$1,510$1,069$741$505$340$98
32 years$1,447$1,012$692$464$307$84
33 years$1,388$958$646$427$278$73
34 years$1,332$908$603$393$252$62
35 years$1,280$861$564$362$228$54
36 years$1,231$817$528$333$207$46
37 years$1,184$776$494$307$187$40
38 years$1,140$738$463$283$170$34
39 years$1,099$702$433$261$154$30
40 years$1,060$667$406$241$140$26
41 years$1,022$635$381$222$127$22
42 years$987$605$357$205$115$19
43 years$953$577$335$189$104$16
44 years$921$550$315$175$95$14
45 years$890$524$296$161$86$12
46 years$861$500$278$149$78$10
47 years$833$477$261$138$71$9
48 years$807$455$245$127$64$8
49 years$781$435$230$118$58$7
50 years$757$415$217$109$53$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $775,000, adding $4,968 every year, while hoping to spend $25,356 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: 52/40/8 Blend
48$775,000$775,000$775,000$775,000
49$859,174$818,099$806,087$901,877
50$919,832$831,208$806,112$944,557
51$985,826$844,109$805,289$987,783
52$1,057,675$856,765$803,561$1,034,189
53$1,135,949$869,137$800,871$1,084,080
54$1,221,274$881,183$797,158$1,137,793
55$1,314,340$892,857$792,359$1,195,697
56$1,415,906$904,111$786,407$1,258,203
57$1,526,809$914,892$779,231$1,325,763
58$1,647,967$925,146$770,760$1,398,873
59$1,780,395$934,813$760,915$1,478,084
60$1,925,207$943,830$749,617$1,564,001
61$2,083,631$952,131$736,782$1,657,293
62$2,257,018$959,643$722,322$1,758,698
63$2,446,859$966,289$706,144$1,869,028
64$2,654,791$971,990$688,152$1,989,182
65$2,882,620$976,658$668,246$2,120,149
66$3,132,335$980,202$646,320$2,263,021
67$3,406,124$982,523$622,263$2,419,004
68$3,706,401$983,519$595,961$2,589,426
69$4,035,820$983,078$567,292$2,775,753
70$4,397,309$981,083$536,131$2,979,602
71$4,794,089$977,411$502,346$3,202,758
72$5,229,710$971,928$465,799$3,447,187
73$5,708,084$964,496$426,346$3,715,060
74$6,233,517$954,965$383,838$4,008,771
75$6,810,756$943,178$338,116$4,330,961
76$7,445,027$928,969$289,018$4,684,541
77$8,142,091$912,160$236,371$5,072,724
78$8,908,292$892,563$179,997$5,499,052
79$9,750,621$869,982$119,710$5,967,433
80$10,676,778$844,204$55,314$6,482,175
81$11,695,248$815,009$0$7,048,030
82$12,815,380$782,161$0$7,671,384
83$14,047,472$745,410$0$8,361,985
84$15,402,873$704,494$0$9,121,498
85$16,894,085$659,133$0$9,956,971
86$18,534,885$609,034$0$10,876,174
87$20,340,450$553,884$0$11,887,676
88$22,327,506$493,355$0$13,000,921
89$24,514,481$427,098$0$14,226,323
90$26,921,678$354,745$0$15,575,363
91$29,571,471$275,910$0$17,060,699
92$32,488,511$190,180$0$18,696,286
93$35,699,964$97,123$0$20,497,507
94$39,235,760$0$0$22,481,323
95$43,128,881$0$0$24,668,066
96$47,415,669$0$0$27,123,102
97$52,136,170$0$0$29,826,627
98$57,334,511$0$0$32,803,926
99$63,059,317$0$0$36,082,861
100$69,364,169$0$0$39,694,135