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%14.9%
1 years$74,321$73,659$73,013$72,383$71,767$70,318
2 years$36,793$36,107$35,443$34,799$34,175$32,721
3 years$24,285$23,597$22,934$22,296$21,682$20,269
4 years$18,032$17,346$16,690$16,063$15,464$14,103
5 years$14,281$13,599$12,952$12,338$11,755$10,450
6 years$11,782$11,105$10,467$9,867$9,302$8,053
7 years$9,997$9,326$8,698$8,112$7,565$6,374
8 years$8,659$7,994$7,377$6,805$6,276$5,142
9 years$7,619$6,960$6,354$5,796$5,285$4,207
10 years$6,787$6,135$5,539$4,997$4,503$3,480
11 years$6,108$5,462$4,877$4,348$3,873$2,904
12 years$5,541$4,902$4,328$3,814$3,356$2,440
13 years$5,063$4,430$3,867$3,367$2,927$2,061
14 years$4,653$4,027$3,474$2,989$2,565$1,749
15 years$4,298$3,679$3,137$2,666$2,259$1,490
16 years$3,987$3,375$2,844$2,387$1,996$1,273
17 years$3,714$3,108$2,588$2,145$1,770$1,091
18 years$3,471$2,872$2,362$1,933$1,574$937
19 years$3,254$2,662$2,163$1,746$1,403$806
20 years$3,059$2,474$1,985$1,582$1,253$695
21 years$2,883$2,304$1,826$1,436$1,121$599
22 years$2,722$2,151$1,683$1,305$1,005$518
23 years$2,577$2,012$1,554$1,189$902$448
24 years$2,443$1,885$1,437$1,084$811$388
25 years$2,320$1,769$1,331$990$730$336
26 years$2,207$1,662$1,234$905$657$291
27 years$2,103$1,564$1,146$829$593$252
28 years$2,006$1,474$1,065$759$535$219
29 years$1,916$1,391$991$696$483$190
30 years$1,832$1,313$924$639$436$165
31 years$1,754$1,242$861$587$394$143
32 years$1,680$1,175$803$539$357$124
33 years$1,612$1,113$750$496$323$108
34 years$1,547$1,054$701$456$292$94
35 years$1,487$1,000$655$420$265$82
36 years$1,429$949$613$387$240$71
37 years$1,375$902$574$356$217$62
38 years$1,324$857$537$329$197$54
39 years$1,276$815$503$303$179$47
40 years$1,230$775$472$279$162$41
41 years$1,187$738$442$258$147$35
42 years$1,146$703$415$238$133$31
43 years$1,107$670$389$220$121$27
44 years$1,069$638$366$203$110$23
45 years$1,034$609$343$187$100$20
46 years$1,000$581$322$173$91$18
47 years$968$554$303$160$82$15
48 years$937$529$285$148$75$13
49 years$907$505$267$136$68$12
50 years$879$482$251$126$62$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $900,000, adding $2,329 every year, while hoping to spend $44,879 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: 59/35/6 Blend
48$900,000$900,000$900,000$900,000
49$994,202$946,502$932,552$1,051,556
50$1,047,860$945,130$916,042$1,088,895
51$1,105,487$942,186$897,474$1,124,249
52$1,167,440$937,547$876,733$1,161,664
53$1,234,112$931,080$853,697$1,201,336
54$1,305,933$922,645$828,238$1,243,489
55$1,383,378$912,094$800,223$1,288,366
56$1,466,965$899,269$769,513$1,336,239
57$1,557,267$884,005$735,963$1,387,410
58$1,654,910$866,123$699,420$1,442,213
59$1,760,586$845,438$659,725$1,501,018
60$1,875,051$821,750$616,712$1,564,235
61$1,999,142$794,851$570,207$1,632,319
62$2,133,773$764,518$520,028$1,705,773
63$2,279,955$730,516$465,986$1,785,156
64$2,438,796$692,597$407,882$1,871,085
65$2,611,517$650,498$345,510$1,964,245
66$2,799,461$603,941$278,654$2,065,393
67$3,004,104$552,633$207,087$2,175,368
68$3,227,072$496,261$130,574$2,295,098
69$3,470,155$434,499$48,869$2,425,612
70$3,735,320$366,999$0$2,568,045
71$4,024,735$293,395$0$2,726,110
72$4,340,786$213,299$0$2,902,242
73$4,686,098$126,302$0$3,094,868
74$5,063,562$31,973$0$3,305,708
75$5,476,361$0$0$3,536,664
76$5,928,000$0$0$3,816,854
77$6,422,337$0$0$4,137,083
78$6,963,621$0$0$4,487,800
79$7,556,532$0$0$4,872,044
80$8,206,222$0$0$5,293,166
81$8,918,366$0$0$5,754,854
82$9,699,216$0$0$6,261,171
83$10,555,654$0$0$6,816,590
84$11,495,263$0$0$7,426,041
85$12,526,394$0$0$8,094,951
86$13,658,247$0$0$8,829,302
87$14,900,955$0$0$9,635,678
88$16,265,681$0$0$10,521,338
89$17,764,721$0$0$11,494,274
90$19,411,621$0$0$12,563,292
91$21,221,304$0$0$13,738,092
92$23,210,210$0$0$15,029,363
93$25,396,451$0$0$16,448,877
94$27,799,981$0$0$18,009,608
95$30,442,784$0$0$19,725,846
96$33,349,079$0$0$21,613,336
97$36,545,552$0$0$23,689,428
98$40,061,604$0$0$25,973,234
99$43,929,628$0$0$28,485,814
100$48,185,315$0$0$31,250,371