Can I retire at age 49 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$68,128$67,521$66,929$66,351$65,787$65,127
2 years$33,727$33,098$32,490$31,899$31,327$30,662
3 years$22,261$21,630$21,023$20,438$19,875$19,226
4 years$16,529$15,900$15,299$14,725$14,175$13,547
5 years$13,091$12,466$11,873$11,310$10,776$10,170
6 years$10,800$10,180$9,595$9,045$8,526$7,945
7 years$9,164$8,549$7,974$7,436$6,934$6,376
8 years$7,938$7,328$6,762$6,238$5,753$5,218
9 years$6,984$6,380$5,824$5,313$4,845$4,334
10 years$6,222$5,624$5,078$4,580$4,128$3,640
11 years$5,599$5,007$4,470$3,986$3,550$3,085
12 years$5,080$4,494$3,967$3,496$3,076$2,634
13 years$4,641$4,061$3,545$3,087$2,683$2,262
14 years$4,265$3,691$3,185$2,740$2,352$1,952
15 years$3,940$3,372$2,875$2,444$2,071$1,692
16 years$3,655$3,094$2,607$2,188$1,830$1,471
17 years$3,404$2,849$2,372$1,966$1,623$1,283
18 years$3,182$2,633$2,166$1,772$1,443$1,122
19 years$2,983$2,440$1,982$1,601$1,286$983
20 years$2,804$2,267$1,819$1,450$1,149$863
21 years$2,642$2,112$1,674$1,316$1,028$759
22 years$2,496$1,972$1,542$1,196$921$668
23 years$2,362$1,844$1,424$1,090$827$589
24 years$2,239$1,728$1,317$994$743$520
25 years$2,127$1,621$1,220$908$669$459
26 years$2,023$1,524$1,131$830$603$406
27 years$1,928$1,434$1,051$760$543$359
28 years$1,839$1,351$977$696$490$318
29 years$1,756$1,275$909$638$443$282
30 years$1,679$1,204$847$586$400$250
31 years$1,608$1,138$789$538$362$221
32 years$1,540$1,077$736$494$327$196
33 years$1,477$1,020$688$455$296$174
34 years$1,418$967$642$418$268$155
35 years$1,363$917$601$385$243$137
36 years$1,310$870$562$355$220$122
37 years$1,261$826$526$327$199$108
38 years$1,214$785$492$301$181$96
39 years$1,170$747$461$278$164$85
40 years$1,128$711$432$256$149$76
41 years$1,088$676$406$236$135$68
42 years$1,050$644$380$218$122$60
43 years$1,014$614$357$201$111$53
44 years$980$585$335$186$101$47
45 years$948$558$315$172$92$42
46 years$917$532$295$159$83$37
47 years$887$508$278$147$75$33
48 years$859$485$261$135$69$30
49 years$831$463$245$125$62$26
50 years$805$442$231$116$57$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $825,000, adding $5,414 every year, while hoping to spend $26,979 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: 55/21/24 Blend
48$825,000$825,000$825,000$825,000
49$914,735$871,010$858,222$958,753
50$979,332$884,984$858,267$1,003,547
51$1,049,614$898,738$857,409$1,049,030
52$1,126,132$912,234$855,590$1,097,999
53$1,209,494$925,429$852,748$1,150,797
54$1,300,365$938,278$848,818$1,207,804
55$1,399,482$950,733$843,733$1,269,437
56$1,507,653$962,743$837,422$1,336,158
57$1,625,768$974,252$829,810$1,408,476
58$1,754,807$985,201$820,819$1,486,953
59$1,895,849$995,528$810,369$1,572,207
60$2,050,083$1,005,165$798,373$1,664,925
61$2,218,815$1,014,042$784,742$1,765,860
62$2,403,486$1,022,082$769,383$1,875,845
63$2,605,681$1,029,204$752,198$1,995,799
64$2,827,148$1,035,322$733,083$2,126,737
65$3,069,808$1,040,344$711,932$2,269,777
66$3,335,779$1,044,172$688,633$2,426,154
67$3,627,394$1,046,702$663,068$2,597,229
68$3,947,222$1,047,824$635,115$2,784,504
69$4,298,093$1,047,421$604,645$2,989,638
70$4,683,122$1,045,369$571,524$3,214,458
71$5,105,743$1,041,534$535,612$3,460,981
72$5,569,736$1,035,777$496,763$3,731,433
73$6,079,268$1,027,949$454,824$4,028,266
74$6,638,927$1,017,892$409,634$4,354,189
75$7,253,768$1,005,439$361,027$4,712,186
76$7,929,360$990,413$308,828$5,105,550
77$8,671,836$972,625$252,856$5,537,914
78$9,487,956$951,876$192,919$6,013,282
79$10,385,165$927,956$128,820$6,536,072
80$11,371,667$900,641$60,350$7,111,156
81$12,456,500$869,694$0$7,743,906
82$13,649,620$834,867$0$8,443,503
83$14,961,999$795,893$0$9,229,927
84$16,405,725$752,494$0$10,094,972
85$17,994,115$704,372$0$11,046,643
86$19,741,844$651,215$0$12,093,767
87$21,665,079$592,692$0$13,246,068
88$23,781,635$528,452$0$14,514,267
89$26,111,142$458,127$0$15,910,179
90$28,675,228$381,324$0$17,446,827
91$31,497,724$297,632$0$19,138,562
92$34,604,890$206,614$0$21,001,205
93$38,025,661$107,810$0$23,052,191
94$41,791,918$733$0$25,310,736
95$45,938,795$0$0$27,798,020
96$50,505,002$0$0$30,563,991
97$55,533,197$0$0$33,610,097
98$61,070,383$0$0$36,964,655
99$67,168,355$0$0$40,659,058
100$73,884,187$0$0$44,727,896