Can I retire at age 49 with 875,000?

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 $875,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$72,257$71,613$70,985$70,372$69,774$68,115
2 years$35,771$35,104$34,459$33,833$33,226$31,564
3 years$23,610$22,941$22,297$21,677$21,080$19,467
4 years$17,531$16,864$16,227$15,617$15,034$13,483
5 years$13,885$13,222$12,593$11,995$11,429$9,944
6 years$11,455$10,797$10,177$9,593$9,043$7,626
7 years$9,719$9,067$8,457$7,887$7,355$6,005
8 years$8,419$7,772$7,172$6,616$6,101$4,819
9 years$7,407$6,767$6,177$5,635$5,138$3,922
10 years$6,599$5,965$5,385$4,858$4,378$3,226
11 years$5,938$5,310$4,741$4,228$3,765$2,676
12 years$5,387$4,766$4,208$3,708$3,263$2,235
13 years$4,922$4,307$3,759$3,274$2,845$1,877
14 years$4,523$3,915$3,378$2,906$2,494$1,583
15 years$4,178$3,576$3,050$2,592$2,196$1,340
16 years$3,877$3,281$2,765$2,321$1,941$1,138
17 years$3,611$3,022$2,516$2,085$1,721$969
18 years$3,375$2,792$2,297$1,879$1,530$827
19 years$3,164$2,588$2,103$1,698$1,364$706
20 years$2,974$2,405$1,930$1,538$1,218$605
21 years$2,802$2,240$1,775$1,396$1,090$518
22 years$2,647$2,091$1,636$1,269$977$445
23 years$2,505$1,956$1,510$1,156$877$382
24 years$2,375$1,832$1,397$1,054$788$328
25 years$2,256$1,720$1,294$963$709$282
26 years$2,146$1,616$1,200$880$639$243
27 years$2,044$1,521$1,114$806$576$209
28 years$1,950$1,433$1,036$738$520$180
29 years$1,863$1,352$964$677$469$155
30 years$1,781$1,277$898$621$424$134
31 years$1,705$1,207$837$571$383$115
32 years$1,634$1,142$781$524$347$99
33 years$1,567$1,082$729$482$314$86
34 years$1,504$1,025$681$444$284$74
35 years$1,445$972$637$408$257$64
36 years$1,390$923$596$376$233$55
37 years$1,337$877$558$347$211$47
38 years$1,288$833$522$319$192$41
39 years$1,241$792$489$295$174$35
40 years$1,196$754$459$272$158$31
41 years$1,154$717$430$251$143$26
42 years$1,114$683$403$231$130$23
43 years$1,076$651$379$214$118$20
44 years$1,040$620$355$197$107$17
45 years$1,005$592$334$182$97$15
46 years$972$564$313$168$88$13
47 years$941$539$294$155$80$11
48 years$911$514$277$144$73$9
49 years$882$491$260$133$66$8
50 years$854$469$244$123$60$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $875,000, adding $3,963 every year, while hoping to spend $26,353 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: 45/35/20 Blend
48$875,000$875,000$875,000$875,000
49$968,338$921,963$908,400$1,006,179
50$1,039,069$939,100$910,792$1,050,281
51$1,116,131$956,193$912,381$1,095,162
52$1,200,143$973,213$913,112$1,143,287
53$1,291,784$990,127$912,928$1,194,969
54$1,391,803$1,006,900$911,768$1,250,555
55$1,501,025$1,023,495$909,570$1,310,426
56$1,620,355$1,039,873$906,266$1,375,004
57$1,750,793$1,055,988$901,788$1,444,754
58$1,893,439$1,071,796$896,063$1,520,189
59$2,049,502$1,087,247$889,014$1,601,875
60$2,220,316$1,102,287$880,561$1,690,438
61$2,407,349$1,116,860$870,620$1,786,568
62$2,612,217$1,130,904$859,104$1,891,024
63$2,836,700$1,144,355$845,921$2,004,648
64$3,082,758$1,157,144$830,974$2,128,367
65$3,352,551$1,169,195$814,163$2,263,202
66$3,648,456$1,180,431$795,383$2,410,283
67$3,973,093$1,190,766$774,522$2,570,854
68$4,329,347$1,200,112$751,467$2,746,290
69$4,720,394$1,208,372$726,095$2,938,107
70$5,149,737$1,215,444$698,282$3,147,976
71$5,621,230$1,221,220$667,894$3,377,744
72$6,139,121$1,225,586$634,794$3,629,445
73$6,708,090$1,228,418$598,838$3,905,326
74$7,333,290$1,229,586$559,875$4,207,864
75$8,020,403$1,228,953$517,747$4,539,793
76$8,775,682$1,226,370$472,290$4,904,125
77$9,606,022$1,221,683$423,333$5,304,189
78$10,519,017$1,214,725$370,694$5,743,650
79$11,523,031$1,205,321$314,188$6,226,555
80$12,627,285$1,193,286$253,617$6,757,367
81$13,841,932$1,178,422$188,777$7,341,007
82$15,178,163$1,160,519$119,456$7,982,903
83$16,648,308$1,139,356$45,429$8,689,043
84$18,265,949$1,114,698$0$9,466,027
85$20,046,054$1,086,296$0$10,328,302
86$22,005,114$1,053,888$0$11,287,543
87$24,161,302$1,017,194$0$12,342,955
88$26,534,637$975,919$0$13,504,357
89$29,147,183$929,752$0$14,782,575
90$32,023,248$878,362$0$16,189,542
91$35,189,618$821,400$0$17,738,413
92$38,675,807$758,497$0$19,443,688
93$42,514,338$689,263$0$21,321,352
94$46,741,048$613,284$0$23,389,022
95$51,395,426$530,125$0$25,666,123
96$56,520,983$439,325$0$28,174,061
97$62,165,669$340,398$0$30,936,436
98$68,382,319$232,829$0$33,979,259
99$75,229,153$116,075$0$37,331,202
100$82,770,326$0$0$41,023,868