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%18.7%
1 years$74,321$73,659$73,013$72,383$71,767$69,248
2 years$36,793$36,107$35,443$34,799$34,175$31,664
3 years$24,285$23,597$22,934$22,296$21,682$19,257
4 years$18,032$17,346$16,690$16,063$15,464$13,144
5 years$14,281$13,599$12,952$12,338$11,755$9,547
6 years$11,782$11,105$10,467$9,867$9,302$7,206
7 years$9,997$9,326$8,698$8,112$7,565$5,581
8 years$8,659$7,994$7,377$6,805$6,276$4,403
9 years$7,619$6,960$6,354$5,796$5,285$3,521
10 years$6,787$6,135$5,539$4,997$4,503$2,844
11 years$6,108$5,462$4,877$4,348$3,873$2,316
12 years$5,541$4,902$4,328$3,814$3,356$1,898
13 years$5,063$4,430$3,867$3,367$2,927$1,563
14 years$4,653$4,027$3,474$2,989$2,565$1,292
15 years$4,298$3,679$3,137$2,666$2,259$1,072
16 years$3,987$3,375$2,844$2,387$1,996$891
17 years$3,714$3,108$2,588$2,145$1,770$743
18 years$3,471$2,872$2,362$1,933$1,574$620
19 years$3,254$2,662$2,163$1,746$1,403$518
20 years$3,059$2,474$1,985$1,582$1,253$434
21 years$2,883$2,304$1,826$1,436$1,121$364
22 years$2,722$2,151$1,683$1,305$1,005$305
23 years$2,577$2,012$1,554$1,189$902$256
24 years$2,443$1,885$1,437$1,084$811$215
25 years$2,320$1,769$1,331$990$730$181
26 years$2,207$1,662$1,234$905$657$152
27 years$2,103$1,564$1,146$829$593$128
28 years$2,006$1,474$1,065$759$535$107
29 years$1,916$1,391$991$696$483$90
30 years$1,832$1,313$924$639$436$76
31 years$1,754$1,242$861$587$394$64
32 years$1,680$1,175$803$539$357$54
33 years$1,612$1,113$750$496$323$45
34 years$1,547$1,054$701$456$292$38
35 years$1,487$1,000$655$420$265$32
36 years$1,429$949$613$387$240$27
37 years$1,375$902$574$356$217$23
38 years$1,324$857$537$329$197$19
39 years$1,276$815$503$303$179$16
40 years$1,230$775$472$279$162$14
41 years$1,187$738$442$258$147$11
42 years$1,146$703$415$238$133$10
43 years$1,107$670$389$220$121$8
44 years$1,069$638$366$203$110$7
45 years$1,034$609$343$187$100$6
46 years$1,000$581$322$173$91$5
47 years$968$554$303$160$82$4
48 years$937$529$285$148$75$3
49 years$907$505$267$136$68$3
50 years$879$482$251$126$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $900,000, adding $2,079 every year, while hoping to spend $59,309 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: 75/5/20 Blend
48$900,000$900,000$900,000$900,000
49$993,944$946,244$932,294$1,063,647
50$1,032,223$929,506$900,422$1,093,407
51$1,072,417$909,960$865,494$1,118,553
52$1,114,661$887,405$827,346$1,144,575
53$1,159,099$861,631$785,804$1,171,546
54$1,205,888$832,412$740,690$1,199,546
55$1,255,199$799,510$691,813$1,228,666
56$1,307,219$762,676$638,978$1,259,006
57$1,362,150$721,642$581,979$1,290,678
58$1,420,215$676,127$520,601$1,323,806
59$1,481,654$625,835$454,618$1,358,527
60$1,546,733$570,451$383,798$1,394,996
61$1,615,739$509,643$307,895$1,433,383
62$1,688,988$443,059$226,652$1,473,878
63$1,766,824$370,328$139,805$1,516,690
64$1,849,625$291,058$47,073$1,562,054
65$1,937,802$204,836$0$1,610,229
66$2,031,809$111,223$0$1,672,577
67$2,132,139$9,759$0$1,749,782
68$2,239,335$0$0$1,832,213
69$2,353,991$0$0$1,925,837
70$2,476,758$0$0$2,026,682
71$2,608,352$0$0$2,134,803
72$2,749,556$0$0$2,250,847
73$2,901,230$0$0$2,375,523
74$3,064,318$0$0$2,509,611
75$3,239,856$0$0$2,653,968
76$3,428,984$0$0$2,809,533
77$3,632,950$0$0$2,977,338
78$3,853,128$0$0$3,158,519
79$4,091,027$0$0$3,354,321
80$4,348,306$0$0$3,566,114
81$4,626,787$0$0$3,795,404
82$4,928,475$0$0$4,043,847
83$5,255,571$0$0$4,313,262
84$5,610,500$0$0$4,605,651
85$5,995,926$0$0$4,923,215
86$6,414,779$0$0$5,268,376
87$6,870,285$0$0$5,643,798
88$7,365,990$0$0$6,052,412
89$7,905,797$0$0$6,497,442
90$8,494,001$0$0$6,982,437
91$9,135,330$0$0$7,511,302
92$9,834,985$0$0$8,088,337
93$10,598,691$0$0$8,718,272
94$11,432,753$0$0$9,406,315
95$12,344,109$0$0$10,158,201
96$13,340,397$0$0$10,980,240
97$14,430,027$0$0$11,879,384
98$15,622,261$0$0$12,863,283
99$16,927,294$0$0$13,940,365
100$18,356,355$0$0$15,119,907