Can I retire at age 49 with 800,000?

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 $800,000?

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$66,063$65,475$64,901$64,340$63,793$63,232
2 years$32,705$32,095$31,505$30,933$30,378$29,812
3 years$21,586$20,975$20,386$19,819$19,273$18,721
4 years$16,029$15,419$14,836$14,278$13,746$13,211
5 years$12,695$12,088$11,513$10,967$10,449$9,934
6 years$10,473$9,871$9,304$8,771$8,268$7,772
7 years$8,886$8,290$7,732$7,211$6,724$6,248
8 years$7,697$7,106$6,557$6,049$5,578$5,122
9 years$6,773$6,187$5,648$5,152$4,698$4,261
10 years$6,033$5,453$4,924$4,441$4,003$3,586
11 years$5,429$4,855$4,335$3,865$3,442$3,045
12 years$4,926$4,357$3,847$3,390$2,983$2,604
13 years$4,500$3,938$3,437$2,993$2,601$2,241
14 years$4,136$3,579$3,088$2,657$2,280$1,938
15 years$3,820$3,270$2,788$2,370$2,008$1,683
16 years$3,544$3,000$2,528$2,122$1,775$1,466
17 years$3,301$2,763$2,300$1,906$1,573$1,281
18 years$3,085$2,553$2,100$1,718$1,399$1,123
19 years$2,892$2,366$1,922$1,552$1,247$986
20 years$2,719$2,199$1,764$1,406$1,114$867
21 years$2,562$2,048$1,623$1,276$997$764
22 years$2,420$1,912$1,496$1,160$893$675
23 years$2,290$1,788$1,381$1,057$802$596
24 years$2,172$1,675$1,277$964$721$527
25 years$2,063$1,572$1,183$880$649$467
26 years$1,962$1,478$1,097$805$584$414
27 years$1,869$1,391$1,019$737$527$367
28 years$1,783$1,310$947$675$475$326
29 years$1,703$1,236$881$619$429$289
30 years$1,628$1,167$821$568$388$257
31 years$1,559$1,104$765$522$351$228
32 years$1,494$1,044$714$479$317$203
33 years$1,433$989$667$441$287$181
34 years$1,375$937$623$406$260$161
35 years$1,321$889$582$373$235$143
36 years$1,271$844$545$344$213$127
37 years$1,223$801$510$317$193$113
38 years$1,177$762$478$292$175$101
39 years$1,134$724$447$269$159$90
40 years$1,094$689$419$248$144$80
41 years$1,055$656$393$229$131$71
42 years$1,019$625$369$211$119$64
43 years$984$595$346$195$108$57
44 years$951$567$325$180$98$51
45 years$919$541$305$166$89$45
46 years$889$516$287$154$81$40
47 years$860$492$269$142$73$36
48 years$833$470$253$131$66$32
49 years$806$449$238$121$60$28
50 years$781$429$224$112$55$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $800,000, adding $3,638 every year, while hoping to spend $36,149 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: 46/29/25 Blend
48$800,000$800,000$800,000$800,000
49$885,353$842,953$830,553$919,571
50$937,196$845,795$819,914$946,901
51$993,117$847,565$807,707$972,717
52$1,053,491$848,172$793,842$1,000,011
53$1,118,734$847,520$778,223$1,028,940
54$1,189,303$845,506$760,751$1,059,678
55$1,265,698$842,022$741,322$1,092,420
56$1,348,470$836,953$719,828$1,127,381
57$1,438,226$830,175$696,154$1,164,804
58$1,535,632$821,560$670,182$1,204,954
59$1,641,420$810,971$641,787$1,248,130
60$1,756,397$798,260$610,839$1,294,663
61$1,881,450$783,275$577,202$1,344,920
62$2,017,554$765,852$540,734$1,399,309
63$2,165,782$745,817$501,287$1,458,284
64$2,327,317$722,987$458,705$1,522,348
65$2,503,458$697,168$412,826$1,592,059
66$2,695,636$668,154$363,481$1,668,037
67$2,905,427$635,729$310,493$1,750,967
68$3,134,563$599,663$253,678$1,841,612
69$3,384,954$559,712$192,841$1,940,815
70$3,658,700$515,619$127,783$2,049,512
71$3,958,116$467,113$58,292$2,168,737
72$4,285,749$413,906$0$2,299,640
73$4,644,403$355,695$0$2,447,722
74$5,037,167$292,159$0$2,627,027
75$5,467,443$222,960$0$2,823,609
76$5,938,976$147,739$0$3,039,259
77$6,455,892$66,118$0$3,275,952
78$7,022,735$0$0$3,535,869
79$7,644,508$0$0$3,828,535
80$8,326,724$0$0$4,172,896
81$9,075,453$0$0$4,550,927
82$9,897,385$0$0$4,966,018
83$10,799,885$0$0$5,421,901
84$11,791,068$0$0$5,922,690
85$12,879,874$0$0$6,472,912
86$14,076,151$0$0$7,077,560
87$15,390,748$0$0$7,742,131
88$16,835,617$0$0$8,472,682
89$18,423,926$0$0$9,275,887
90$20,170,181$0$0$10,159,096
91$22,090,365$0$0$11,130,410
92$24,202,087$0$0$12,198,753
93$26,524,747$0$0$13,373,959
94$29,079,721$0$0$14,666,859
95$31,890,560$0$0$16,089,391
96$34,983,214$0$0$17,654,707
97$38,386,271$0$0$19,377,297
98$42,131,236$0$0$21,273,128
99$46,252,819$0$0$23,359,794
100$50,789,266$0$0$25,656,679