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%17.1%
1 years$66,063$65,475$64,901$64,340$63,793$61,950
2 years$32,705$32,095$31,505$30,933$30,378$28,535
3 years$21,586$20,975$20,386$19,819$19,273$17,489
4 years$16,029$15,419$14,836$14,278$13,746$12,034
5 years$12,695$12,088$11,513$10,967$10,449$8,814
6 years$10,473$9,871$9,304$8,771$8,268$6,712
7 years$8,886$8,290$7,732$7,211$6,724$5,246
8 years$7,697$7,106$6,557$6,049$5,578$4,178
9 years$6,773$6,187$5,648$5,152$4,698$3,374
10 years$6,033$5,453$4,924$4,441$4,003$2,753
11 years$5,429$4,855$4,335$3,865$3,442$2,265
12 years$4,926$4,357$3,847$3,390$2,983$1,876
13 years$4,500$3,938$3,437$2,993$2,601$1,561
14 years$4,136$3,579$3,088$2,657$2,280$1,305
15 years$3,820$3,270$2,788$2,370$2,008$1,095
16 years$3,544$3,000$2,528$2,122$1,775$921
17 years$3,301$2,763$2,300$1,906$1,573$777
18 years$3,085$2,553$2,100$1,718$1,399$656
19 years$2,892$2,366$1,922$1,552$1,247$555
20 years$2,719$2,199$1,764$1,406$1,114$471
21 years$2,562$2,048$1,623$1,276$997$399
22 years$2,420$1,912$1,496$1,160$893$339
23 years$2,290$1,788$1,381$1,057$802$288
24 years$2,172$1,675$1,277$964$721$245
25 years$2,063$1,572$1,183$880$649$209
26 years$1,962$1,478$1,097$805$584$178
27 years$1,869$1,391$1,019$737$527$151
28 years$1,783$1,310$947$675$475$129
29 years$1,703$1,236$881$619$429$110
30 years$1,628$1,167$821$568$388$94
31 years$1,559$1,104$765$522$351$80
32 years$1,494$1,044$714$479$317$68
33 years$1,433$989$667$441$287$58
34 years$1,375$937$623$406$260$50
35 years$1,321$889$582$373$235$42
36 years$1,271$844$545$344$213$36
37 years$1,223$801$510$317$193$31
38 years$1,177$762$478$292$175$26
39 years$1,134$724$447$269$159$23
40 years$1,094$689$419$248$144$19
41 years$1,055$656$393$229$131$16
42 years$1,019$625$369$211$119$14
43 years$984$595$346$195$108$12
44 years$951$567$325$180$98$10
45 years$919$541$305$166$89$9
46 years$889$516$287$154$81$7
47 years$860$492$269$142$73$6
48 years$833$470$253$131$66$5
49 years$806$449$238$121$60$5
50 years$781$429$224$112$55$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $800,000, adding $2,261 every year, while hoping to spend $42,268 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: 68/26/6 Blend
48$800,000$800,000$800,000$800,000
49$883,932$841,532$829,132$943,121
50$929,120$837,794$811,935$978,877
51$977,501$832,457$792,746$1,012,605
52$1,029,356$825,397$771,452$1,048,339
53$1,084,992$816,483$747,938$1,086,268
54$1,144,748$805,578$722,081$1,126,600
55$1,208,996$792,535$693,754$1,169,566
56$1,278,143$777,198$662,824$1,215,420
57$1,352,636$759,403$629,151$1,264,445
58$1,432,968$738,977$592,590$1,316,952
59$1,519,678$715,734$552,989$1,373,286
60$1,613,359$689,479$510,189$1,433,830
61$1,714,664$660,006$464,022$1,499,005
62$1,824,310$627,096$414,317$1,569,279
63$1,943,084$590,519$360,891$1,645,167
64$2,071,853$550,028$303,556$1,727,241
65$2,211,569$505,367$242,112$1,816,132
66$2,363,281$456,262$176,355$1,912,538
67$2,528,141$402,424$106,067$2,017,231
68$2,707,416$343,547$31,025$2,131,063
69$2,902,501$279,310$0$2,254,977
70$3,114,932$209,372$0$2,393,157
71$3,346,396$133,372$0$2,545,937
72$3,598,752$50,931$0$2,712,618
73$3,874,046$0$0$2,894,623
74$4,174,529$0$0$3,104,497
75$4,502,679$0$0$3,349,652
76$4,861,224$0$0$3,617,560
77$5,253,168$0$0$3,910,472
78$5,681,817$0$0$4,230,865
79$6,150,813$0$0$4,581,465
80$6,664,164$0$0$4,965,277
81$7,226,284$0$0$5,385,607
82$7,842,036$0$0$5,846,098
83$8,516,772$0$0$6,350,761
84$9,256,390$0$0$6,904,012
85$10,067,382$0$0$7,510,718
86$10,956,900$0$0$8,176,236
87$11,932,823$0$0$8,906,469
88$13,003,827$0$0$9,707,918
89$14,179,470$0$0$10,587,744
90$15,470,280$0$0$11,553,835
91$16,887,854$0$0$12,614,881
92$18,444,969$0$0$13,780,454
93$20,155,697$0$0$15,061,099
94$22,035,544$0$0$16,468,434
95$24,101,591$0$0$18,015,257
96$26,372,654$0$0$19,715,668
97$28,869,466$0$0$21,585,200
98$31,614,868$0$0$23,640,969
99$34,634,022$0$0$25,901,829
100$37,954,655$0$0$28,388,556