Can I retire at age 49 with 820,000?

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 $820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$67,715$67,112$66,523$65,949$65,388$64,651
2 years$33,522$32,898$32,293$31,706$31,137$30,396
3 years$22,126$21,499$20,896$20,314$19,755$19,031
4 years$16,429$15,804$15,207$14,635$14,089$13,389
5 years$13,012$12,391$11,801$11,241$10,710$10,036
6 years$10,735$10,118$9,537$8,990$8,475$7,827
7 years$9,108$8,497$7,925$7,391$6,892$6,271
8 years$7,889$7,283$6,721$6,200$5,718$5,124
9 years$6,942$6,342$5,789$5,281$4,815$4,248
10 years$6,184$5,590$5,047$4,552$4,103$3,561
11 years$5,565$4,976$4,443$3,962$3,529$3,013
12 years$5,049$4,466$3,943$3,475$3,058$2,567
13 years$4,613$4,036$3,523$3,068$2,666$2,200
14 years$4,239$3,669$3,165$2,723$2,337$1,895
15 years$3,916$3,352$2,858$2,429$2,058$1,639
16 years$3,633$3,075$2,591$2,175$1,819$1,422
17 years$3,384$2,832$2,358$1,954$1,613$1,238
18 years$3,162$2,617$2,152$1,761$1,434$1,080
19 years$2,965$2,425$1,970$1,591$1,278$944
20 years$2,787$2,254$1,808$1,441$1,142$827
21 years$2,626$2,099$1,663$1,308$1,022$726
22 years$2,480$1,960$1,533$1,189$916$638
23 years$2,348$1,833$1,416$1,083$822$561
24 years$2,226$1,717$1,309$988$739$494
25 years$2,114$1,611$1,212$902$665$435
26 years$2,011$1,515$1,125$825$599$384
27 years$1,916$1,425$1,044$755$540$339
28 years$1,828$1,343$971$692$487$299
29 years$1,746$1,267$903$634$440$264
30 years$1,669$1,197$841$582$398$234
31 years$1,598$1,131$784$535$359$207
32 years$1,531$1,070$732$491$325$183
33 years$1,468$1,014$683$452$294$162
34 years$1,410$961$639$416$266$143
35 years$1,354$911$597$383$241$127
36 years$1,302$865$558$352$219$112
37 years$1,253$821$523$325$198$100
38 years$1,207$781$489$299$180$88
39 years$1,163$742$459$276$163$78
40 years$1,121$706$430$255$148$69
41 years$1,082$672$403$235$134$61
42 years$1,044$640$378$217$122$55
43 years$1,008$610$355$200$110$48
44 years$974$581$333$185$100$43
45 years$942$555$313$171$91$38
46 years$911$529$294$158$83$34
47 years$882$505$276$146$75$30
48 years$853$482$259$135$68$27
49 years$826$460$244$124$62$24
50 years$801$440$229$115$56$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $820,000, adding $5,306 every year, while hoping to spend $22,239 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: 45/44/11 Blend
48$820,000$820,000$820,000$820,000
49$909,113$865,653$852,943$946,958
50$978,181$884,408$857,855$992,496
51$1,053,547$903,337$862,185$1,039,152
52$1,135,833$922,424$865,892$1,089,244
53$1,225,719$941,653$868,930$1,143,095
54$1,323,955$961,007$871,252$1,201,065
55$1,431,367$980,465$872,808$1,263,549
56$1,548,864$1,000,006$873,545$1,330,981
57$1,677,449$1,019,607$873,409$1,403,842
58$1,818,224$1,039,242$872,343$1,482,660
59$1,972,402$1,058,884$870,286$1,568,017
60$2,141,321$1,078,504$867,175$1,660,555
61$2,326,453$1,098,068$862,942$1,760,984
62$2,529,420$1,117,542$857,520$1,870,082
63$2,752,009$1,136,890$850,835$1,988,710
64$2,996,186$1,156,069$842,810$2,117,818
65$3,264,119$1,175,038$833,366$2,258,449
66$3,558,193$1,193,750$822,418$2,411,757
67$3,881,040$1,212,154$809,880$2,579,013
68$4,235,553$1,230,198$795,658$2,761,617
69$4,624,925$1,247,822$779,658$2,961,115
70$5,052,669$1,264,967$761,778$3,179,210
71$5,522,656$1,281,566$741,913$3,417,778
72$6,039,153$1,297,549$719,953$3,678,891
73$6,606,858$1,312,840$695,783$3,964,831
74$7,230,948$1,327,359$669,282$4,278,114
75$7,917,125$1,341,021$640,324$4,621,515
76$8,671,675$1,353,733$608,777$4,998,092
77$9,501,519$1,365,400$574,505$5,411,219
78$10,414,285$1,375,915$537,362$5,864,613
79$11,418,377$1,385,170$497,198$6,362,375
80$12,523,055$1,393,047$453,857$6,909,023
81$13,738,519$1,399,419$407,175$7,509,540
82$15,076,012$1,404,154$356,978$8,169,420
83$16,547,917$1,407,110$303,090$8,894,719
84$18,167,883$1,408,137$245,322$9,692,115
85$19,950,946$1,407,074$183,479$10,568,967
86$21,913,675$1,403,753$117,357$11,533,391
87$24,074,325$1,397,992$46,744$12,594,333
88$26,453,014$1,389,602$0$13,761,655
89$29,071,907$1,378,377$0$15,049,588
90$31,955,428$1,364,105$0$16,472,833
91$35,130,492$1,346,556$0$18,039,137
92$38,626,753$1,325,488$0$19,763,096
93$42,476,891$1,300,647$0$21,660,797
94$46,716,915$1,271,759$0$23,749,971
95$51,386,504$1,238,539$0$26,050,163
96$56,529,382$1,200,682$0$28,582,915
97$62,193,729$1,157,865$0$31,371,970
98$68,432,637$1,109,748$0$34,443,500
99$75,304,611$1,055,971$0$37,826,350
100$82,874,120$996,152$0$41,552,314