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%12.6%
1 years$68,128$67,521$66,929$66,351$65,787$65,073
2 years$33,727$33,098$32,490$31,899$31,327$30,608
3 years$22,261$21,630$21,023$20,438$19,875$19,174
4 years$16,529$15,900$15,299$14,725$14,175$13,496
5 years$13,091$12,466$11,873$11,310$10,776$10,122
6 years$10,800$10,180$9,595$9,045$8,526$7,898
7 years$9,164$8,549$7,974$7,436$6,934$6,332
8 years$7,938$7,328$6,762$6,238$5,753$5,176
9 years$6,984$6,380$5,824$5,313$4,845$4,293
10 years$6,222$5,624$5,078$4,580$4,128$3,602
11 years$5,599$5,007$4,470$3,986$3,550$3,049
12 years$5,080$4,494$3,967$3,496$3,076$2,600
13 years$4,641$4,061$3,545$3,087$2,683$2,230
14 years$4,265$3,691$3,185$2,740$2,352$1,922
15 years$3,940$3,372$2,875$2,444$2,071$1,663
16 years$3,655$3,094$2,607$2,188$1,830$1,444
17 years$3,404$2,849$2,372$1,966$1,623$1,258
18 years$3,182$2,633$2,166$1,772$1,443$1,098
19 years$2,983$2,440$1,982$1,601$1,286$961
20 years$2,804$2,267$1,819$1,450$1,149$842
21 years$2,642$2,112$1,674$1,316$1,028$740
22 years$2,496$1,972$1,542$1,196$921$650
23 years$2,362$1,844$1,424$1,090$827$572
24 years$2,239$1,728$1,317$994$743$504
25 years$2,127$1,621$1,220$908$669$445
26 years$2,023$1,524$1,131$830$603$393
27 years$1,928$1,434$1,051$760$543$347
28 years$1,839$1,351$977$696$490$307
29 years$1,756$1,275$909$638$443$271
30 years$1,679$1,204$847$586$400$240
31 years$1,608$1,138$789$538$362$212
32 years$1,540$1,077$736$494$327$188
33 years$1,477$1,020$688$455$296$167
34 years$1,418$967$642$418$268$148
35 years$1,363$917$601$385$243$131
36 years$1,310$870$562$355$220$116
37 years$1,261$826$526$327$199$103
38 years$1,214$785$492$301$181$91
39 years$1,170$747$461$278$164$81
40 years$1,128$711$432$256$149$72
41 years$1,088$676$406$236$135$64
42 years$1,050$644$380$218$122$57
43 years$1,014$614$357$201$111$50
44 years$980$585$335$186$101$45
45 years$948$558$315$172$92$40
46 years$917$532$295$159$83$35
47 years$887$508$278$147$75$31
48 years$859$485$261$135$69$28
49 years$831$463$245$125$62$25
50 years$805$442$231$116$57$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $825,000, adding $3,003 every year, while hoping to spend $45,497 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: 66/19/15 Blend
48$825,000$825,000$825,000$825,000
49$912,248$868,523$855,735$969,009
50$956,888$862,672$835,994$1,001,456
51$1,004,558$855,009$814,066$1,031,325
52$1,055,516$845,399$789,831$1,062,844
53$1,110,050$833,694$763,162$1,096,173
54$1,168,473$819,743$733,926$1,131,489
55$1,231,129$803,382$701,984$1,168,988
56$1,298,395$784,439$667,191$1,208,888
57$1,370,685$762,730$629,396$1,251,430
58$1,448,455$738,064$588,440$1,296,883
59$1,532,203$710,234$544,158$1,345,542
60$1,622,477$679,025$496,377$1,397,737
61$1,719,879$644,207$444,916$1,453,833
62$1,825,072$605,539$389,586$1,514,232
63$1,938,783$562,763$330,190$1,579,383
64$2,061,809$515,609$266,522$1,649,781
65$2,195,031$463,791$198,367$1,725,974
66$2,339,412$407,005$125,501$1,808,570
67$2,496,016$344,933$47,689$1,898,241
68$2,666,011$277,235$0$1,995,732
69$2,850,680$203,555$0$2,107,524
70$3,051,436$123,516$0$2,237,384
71$3,269,834$36,720$0$2,378,722
72$3,507,583$0$0$2,532,697
73$3,766,567$0$0$2,712,561
74$4,048,854$0$0$2,917,026
75$4,356,726$0$0$3,140,072
76$4,692,689$0$0$3,383,522
77$5,059,505$0$0$3,649,383
78$5,460,213$0$0$3,939,865
79$5,898,160$0$0$4,257,402
80$6,377,029$0$0$4,604,671
81$6,900,876$0$0$4,984,621
82$7,474,167$0$0$5,400,500
83$8,101,820$0$0$5,855,883
84$8,789,250$0$0$6,354,707
85$9,542,422$0$0$6,901,310
86$10,367,901$0$0$7,500,467
87$11,272,923$0$0$8,157,437
88$12,265,452$0$0$8,878,014
89$13,354,265$0$0$9,668,578
90$14,549,025$0$0$10,536,157
91$15,860,378$0$0$11,488,493
92$17,300,051$0$0$12,534,113
93$18,880,961$0$0$13,682,410
94$20,617,337$0$0$14,943,734
95$22,524,855$0$0$16,329,482
96$24,620,783$0$0$17,852,214
97$26,924,145$0$0$19,525,763
98$29,455,899$0$0$21,365,372
99$32,239,136$0$0$23,387,833
100$35,299,292$0$0$25,611,646