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%19.8%
1 years$63,999$63,429$62,873$62,330$61,800$59,371
2 years$31,683$31,093$30,521$29,966$29,428$27,011
3 years$20,912$20,319$19,749$19,200$18,671$16,341
4 years$15,528$14,937$14,372$13,832$13,316$11,092
5 years$12,298$11,711$11,153$10,624$10,123$8,010
6 years$10,145$9,563$9,014$8,496$8,010$6,009
7 years$8,609$8,031$7,490$6,985$6,514$4,625
8 years$7,456$6,884$6,352$5,860$5,404$3,625
9 years$6,561$5,994$5,471$4,991$4,551$2,879
10 years$5,845$5,283$4,770$4,303$3,878$2,310
11 years$5,259$4,703$4,199$3,745$3,335$1,867
12 years$4,772$4,221$3,727$3,284$2,890$1,519
13 years$4,359$3,815$3,330$2,900$2,520$1,241
14 years$4,006$3,468$2,992$2,574$2,209$1,018
15 years$3,701$3,168$2,701$2,296$1,945$838
16 years$3,434$2,906$2,449$2,055$1,719$691
17 years$3,198$2,677$2,229$1,847$1,524$572
18 years$2,989$2,473$2,034$1,664$1,355$473
19 years$2,802$2,292$1,862$1,504$1,208$392
20 years$2,634$2,130$1,709$1,362$1,079$326
21 years$2,482$1,984$1,572$1,236$966$271
22 years$2,344$1,852$1,449$1,124$866$225
23 years$2,219$1,732$1,338$1,024$777$187
24 years$2,104$1,623$1,237$934$698$156
25 years$1,998$1,523$1,146$853$628$130
26 years$1,901$1,431$1,063$780$566$108
27 years$1,811$1,347$987$714$510$90
28 years$1,727$1,269$917$654$460$75
29 years$1,650$1,198$854$600$416$63
30 years$1,578$1,131$795$550$376$52
31 years$1,510$1,069$741$505$340$44
32 years$1,447$1,012$692$464$307$36
33 years$1,388$958$646$427$278$30
34 years$1,332$908$603$393$252$25
35 years$1,280$861$564$362$228$21
36 years$1,231$817$528$333$207$18
37 years$1,184$776$494$307$187$15
38 years$1,140$738$463$283$170$12
39 years$1,099$702$433$261$154$10
40 years$1,060$667$406$241$140$9
41 years$1,022$635$381$222$127$7
42 years$987$605$357$205$115$6
43 years$953$577$335$189$104$5
44 years$921$550$315$175$95$4
45 years$890$524$296$161$86$3
46 years$861$500$278$149$78$3
47 years$833$477$261$138$71$2
48 years$807$455$245$127$64$2
49 years$781$435$230$118$58$2
50 years$757$415$217$109$53$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $775,000, adding $4,758 every year, while hoping to spend $46,172 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: 71/19/10 Blend
48$775,000$775,000$775,000$775,000
49$858,958$817,883$805,870$917,947
50$897,445$808,832$783,740$948,567
51$938,310$797,791$759,322$975,948
52$981,747$784,613$732,488$1,004,670
53$1,027,969$769,142$703,110$1,034,855
54$1,077,206$751,214$671,049$1,066,637
55$1,129,714$730,657$636,162$1,100,166
56$1,185,771$707,285$598,299$1,135,608
57$1,245,681$680,903$557,304$1,173,147
58$1,309,780$651,307$513,013$1,212,986
59$1,378,433$618,277$465,254$1,255,352
60$1,452,043$581,582$413,850$1,300,494
61$1,531,052$540,980$358,614$1,348,690
62$1,615,942$496,211$299,351$1,400,248
63$1,707,246$447,003$235,857$1,455,507
64$1,805,548$393,068$167,921$1,514,846
65$1,911,487$334,102$95,319$1,578,682
66$2,025,767$269,782$17,821$1,647,478
67$2,149,163$199,769$0$1,721,747
68$2,282,523$123,703$0$1,808,978
69$2,426,781$41,205$0$1,905,357
70$2,582,965$0$0$2,009,703
71$2,752,201$0$0$2,132,875
72$2,935,731$0$0$2,275,827
73$3,134,920$0$0$2,431,010
74$3,351,268$0$0$2,599,598
75$3,586,426$0$0$2,782,882
76$3,842,210$0$0$2,982,281
77$4,120,618$0$0$3,199,359
78$4,423,848$0$0$3,435,834
79$4,754,320$0$0$3,693,600
80$5,114,696$0$0$3,974,738
81$5,507,907$0$0$4,281,540
82$5,937,178$0$0$4,616,530
83$6,406,059$0$0$4,982,484
84$6,918,461$0$0$5,382,460
85$7,478,685$0$0$5,819,824
86$8,091,470$0$0$6,298,282
87$8,762,032$0$0$6,821,915
88$9,496,118$0$0$7,395,217
89$10,300,050$0$0$8,023,136
90$11,180,797$0$0$8,711,122
91$12,146,030$0$0$9,465,175
92$13,204,197$0$0$10,291,905
93$14,364,605$0$0$11,198,593
94$15,637,502$0$0$12,193,255
95$17,034,176$0$0$13,284,723
96$18,567,064$0$0$14,482,726
97$20,249,862$0$0$15,797,978
98$22,097,657$0$0$17,242,283
99$24,127,070$0$0$18,828,645
100$26,356,409$0$0$20,571,386