Can I retire at age 49 with 900,000?

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 $900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$74,321$73,659$73,013$72,383$71,767$70,118
2 years$36,793$36,107$35,443$34,799$34,175$32,522
3 years$24,285$23,597$22,934$22,296$21,682$20,078
4 years$18,032$17,346$16,690$16,063$15,464$13,920
5 years$14,281$13,599$12,952$12,338$11,755$10,277
6 years$11,782$11,105$10,467$9,867$9,302$7,890
7 years$9,997$9,326$8,698$8,112$7,565$6,220
8 years$8,659$7,994$7,377$6,805$6,276$4,997
9 years$7,619$6,960$6,354$5,796$5,285$4,072
10 years$6,787$6,135$5,539$4,997$4,503$3,354
11 years$6,108$5,462$4,877$4,348$3,873$2,786
12 years$5,541$4,902$4,328$3,814$3,356$2,330
13 years$5,063$4,430$3,867$3,367$2,927$1,959
14 years$4,653$4,027$3,474$2,989$2,565$1,655
15 years$4,298$3,679$3,137$2,666$2,259$1,403
16 years$3,987$3,375$2,844$2,387$1,996$1,193
17 years$3,714$3,108$2,588$2,145$1,770$1,017
18 years$3,471$2,872$2,362$1,933$1,574$869
19 years$3,254$2,662$2,163$1,746$1,403$744
20 years$3,059$2,474$1,985$1,582$1,253$637
21 years$2,883$2,304$1,826$1,436$1,121$547
22 years$2,722$2,151$1,683$1,305$1,005$470
23 years$2,577$2,012$1,554$1,189$902$404
24 years$2,443$1,885$1,437$1,084$811$348
25 years$2,320$1,769$1,331$990$730$300
26 years$2,207$1,662$1,234$905$657$258
27 years$2,103$1,564$1,146$829$593$223
28 years$2,006$1,474$1,065$759$535$192
29 years$1,916$1,391$991$696$483$166
30 years$1,832$1,313$924$639$436$143
31 years$1,754$1,242$861$587$394$124
32 years$1,680$1,175$803$539$357$107
33 years$1,612$1,113$750$496$323$92
34 years$1,547$1,054$701$456$292$80
35 years$1,487$1,000$655$420$265$69
36 years$1,429$949$613$387$240$60
37 years$1,375$902$574$356$217$51
38 years$1,324$857$537$329$197$44
39 years$1,276$815$503$303$179$38
40 years$1,230$775$472$279$162$33
41 years$1,187$738$442$258$147$29
42 years$1,146$703$415$238$133$25
43 years$1,107$670$389$220$121$22
44 years$1,069$638$366$203$110$19
45 years$1,034$609$343$187$100$16
46 years$1,000$581$322$173$91$14
47 years$968$554$303$160$82$12
48 years$937$529$285$148$75$10
49 years$907$505$267$136$68$9
50 years$879$482$251$126$62$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $900,000, adding $3,739 every year, while hoping to spend $39,328 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: 67/7/26 Blend
48$900,000$900,000$900,000$900,000
49$995,657$947,957$934,007$1,055,408
50$1,055,369$952,562$923,451$1,100,676
51$1,119,854$956,075$911,224$1,145,366
52$1,189,557$958,400$897,228$1,193,350
53$1,264,967$959,437$881,360$1,244,953
54$1,346,622$959,078$863,514$1,300,537
55$1,435,113$957,209$843,578$1,360,500
56$1,531,092$953,709$821,435$1,425,281
57$1,635,273$948,450$796,962$1,495,368
58$1,748,442$941,296$770,032$1,571,296
59$1,871,466$932,102$740,511$1,653,657
60$2,005,295$920,715$708,258$1,743,106
61$2,150,978$906,972$673,127$1,840,365
62$2,309,666$890,702$634,965$1,946,230
63$2,482,628$871,723$593,613$2,061,584
64$2,671,259$849,840$548,902$2,187,395
65$2,877,096$824,851$500,659$2,324,739
66$3,101,830$796,539$448,701$2,474,797
67$3,347,321$764,674$392,837$2,638,876
68$3,615,619$729,014$332,868$2,818,418
69$3,908,981$689,304$268,587$3,015,015
70$4,229,889$645,272$199,777$3,230,422
71$4,581,078$596,631$126,210$3,466,577
72$4,965,561$543,079$47,651$3,725,618
73$5,386,653$484,295$0$4,009,903
74$5,848,007$419,940$0$4,332,073
75$6,353,644$349,657$0$4,699,722
76$6,907,993$273,069$0$5,102,858
77$7,515,935$189,775$0$5,545,054
78$8,182,841$99,355$0$6,030,244
79$8,914,630$1,363$0$6,562,767
80$9,717,822$0$0$7,147,400
81$10,599,597$0$0$7,797,470
82$11,567,866$0$0$8,511,480
83$12,631,343$0$0$9,295,756
84$13,799,625$0$0$10,157,386
85$15,083,289$0$0$11,104,177
86$16,493,984$0$0$12,144,728
87$18,044,544$0$0$13,288,515
88$19,749,109$0$0$14,545,977
89$21,623,256$0$0$15,928,614
90$23,684,148$0$0$17,449,097
91$25,950,693$0$0$19,121,385
92$28,443,725$0$0$20,960,860
93$31,186,197$0$0$22,984,469
94$34,203,400$0$0$25,210,881
95$37,523,198$0$0$27,660,670
96$41,176,293$0$0$30,356,504
97$45,196,514$0$0$33,323,358
98$49,621,136$0$0$36,588,751
99$54,491,228$0$0$40,183,007
100$59,852,044$0$0$44,139,536