Can I retire at age 49 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$64,412$63,838$63,278$62,732$62,198$61,651
2 years$31,887$31,293$30,718$30,160$29,618$29,067
3 years$21,047$20,450$19,876$19,323$18,791$18,253
4 years$15,628$15,033$14,465$13,921$13,402$12,881
5 years$12,377$11,786$11,225$10,693$10,188$9,685
6 years$10,211$9,624$9,072$8,551$8,061$7,578
7 years$8,664$8,082$7,539$7,031$6,556$6,092
8 years$7,505$6,928$6,393$5,898$5,439$4,994
9 years$6,603$6,032$5,507$5,024$4,580$4,155
10 years$5,882$5,317$4,801$4,330$3,903$3,496
11 years$5,293$4,734$4,227$3,769$3,356$2,969
12 years$4,803$4,249$3,751$3,306$2,909$2,539
13 years$4,388$3,839$3,351$2,918$2,536$2,185
14 years$4,032$3,490$3,011$2,591$2,223$1,889
15 years$3,725$3,188$2,719$2,310$1,958$1,640
16 years$3,456$2,925$2,465$2,069$1,730$1,429
17 years$3,219$2,694$2,243$1,859$1,534$1,249
18 years$3,008$2,489$2,047$1,675$1,364$1,095
19 years$2,820$2,307$1,874$1,514$1,216$961
20 years$2,651$2,144$1,720$1,371$1,086$846
21 years$2,498$1,997$1,582$1,244$972$745
22 years$2,359$1,864$1,458$1,131$871$658
23 years$2,233$1,743$1,346$1,030$782$581
24 years$2,117$1,633$1,245$940$703$514
25 years$2,011$1,533$1,153$858$632$455
26 years$1,913$1,441$1,070$785$570$404
27 years$1,822$1,356$993$718$514$358
28 years$1,738$1,278$923$658$463$318
29 years$1,660$1,205$859$603$418$282
30 years$1,588$1,138$800$554$378$251
31 years$1,520$1,076$746$509$342$223
32 years$1,456$1,018$696$467$309$198
33 years$1,397$964$650$430$280$176
34 years$1,341$914$607$395$253$157
35 years$1,288$867$568$364$229$140
36 years$1,239$823$531$335$208$124
37 years$1,192$781$497$309$188$111
38 years$1,148$743$466$285$171$98
39 years$1,106$706$436$263$155$88
40 years$1,066$672$409$242$141$78
41 years$1,029$639$383$223$127$70
42 years$993$609$360$206$116$62
43 years$959$580$337$190$105$55
44 years$927$553$317$176$95$49
45 years$896$527$297$162$87$44
46 years$867$503$279$150$79$39
47 years$839$480$262$139$71$35
48 years$812$458$247$128$65$31
49 years$786$438$232$118$59$28
50 years$762$418$218$109$53$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $780,000, adding $5,800 every year, while hoping to spend $43,959 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: 58/15/27 Blend
48$780,000$780,000$780,000$780,000
49$865,543$824,203$812,113$909,073
50$907,056$817,817$792,546$933,127
51$951,330$809,644$770,851$954,197
52$998,601$799,552$746,910$976,257
53$1,049,126$787,397$720,599$999,414
54$1,103,187$773,030$691,789$1,023,790
55$1,161,094$756,291$660,346$1,049,520
56$1,223,188$737,011$626,130$1,076,756
57$1,289,840$715,012$588,993$1,105,668
58$1,361,461$690,104$548,781$1,136,443
59$1,438,498$662,088$505,333$1,169,293
60$1,521,446$630,751$458,483$1,204,452
61$1,610,845$595,870$408,054$1,242,184
62$1,707,291$557,207$353,863$1,282,780
63$1,811,437$514,512$295,720$1,326,564
64$1,924,000$467,520$233,423$1,373,899
65$2,045,771$415,951$166,765$1,425,187
66$2,177,616$359,509$95,528$1,480,875
67$2,320,489$297,882$19,485$1,541,460
68$2,475,440$230,738$0$1,607,495
69$2,643,620$157,730$0$1,697,358
70$2,826,299$78,488$0$1,801,110
71$3,024,872$0$0$1,913,961
72$3,240,873$0$0$2,038,046
73$3,475,991$0$0$2,187,272
74$3,732,085$0$0$2,349,872
75$4,011,199$0$0$2,527,152
76$4,315,584$0$0$2,720,548
77$4,647,715$0$0$2,931,642
78$5,010,321$0$0$3,162,177
79$5,406,401$0$0$3,414,069
80$5,839,260$0$0$3,689,428
81$6,312,535$0$0$3,990,578
82$6,830,230$0$0$4,320,078
83$7,396,755$0$0$4,680,744
84$8,016,966$0$0$5,075,679
85$8,696,210$0$0$5,508,298
86$9,440,374$0$0$5,982,364
87$10,255,943$0$0$6,502,019
88$11,150,058$0$0$7,071,827
89$12,130,586$0$0$7,696,813
90$13,206,188$0$0$8,382,513
91$14,386,409$0$0$9,135,025
92$15,681,757$0$0$9,961,064
93$17,103,810$0$0$10,868,027
94$18,665,322$0$0$11,864,066
95$20,380,342$0$0$12,958,157
96$22,264,345$0$0$14,160,190
97$24,334,380$0$0$15,481,060
98$26,609,230$0$0$16,932,769
99$29,109,586$0$0$18,528,540
100$31,858,244$0$0$20,282,943