Can I retire at age 49 with 910,000?

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 $910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$75,147$74,478$73,825$73,187$72,565$70,468
2 years$37,201$36,509$35,837$35,186$34,555$32,459
3 years$24,555$23,859$23,189$22,544$21,923$19,894
4 years$18,232$17,539$16,876$16,242$15,636$13,688
5 years$14,440$13,751$13,096$12,475$11,886$10,026
6 years$11,913$11,228$10,584$9,977$9,405$7,635
7 years$10,108$9,430$8,795$8,202$7,649$5,968
8 years$8,755$8,083$7,459$6,881$6,345$4,752
9 years$7,704$7,038$6,424$5,861$5,344$3,837
10 years$6,863$6,203$5,601$5,052$4,553$3,131
11 years$6,175$5,522$4,931$4,397$3,916$2,576
12 years$5,603$4,957$4,376$3,857$3,393$2,134
13 years$5,119$4,479$3,910$3,405$2,959$1,776
14 years$4,704$4,072$3,513$3,022$2,594$1,485
15 years$4,345$3,719$3,172$2,695$2,284$1,246
16 years$4,032$3,413$2,876$2,413$2,019$1,048
17 years$3,755$3,143$2,617$2,168$1,790$884
18 years$3,510$2,904$2,389$1,954$1,591$747
19 years$3,290$2,692$2,187$1,766$1,418$632
20 years$3,093$2,501$2,007$1,599$1,267$535
21 years$2,915$2,330$1,846$1,451$1,134$454
22 years$2,753$2,175$1,701$1,320$1,016$386
23 years$2,605$2,034$1,571$1,202$912$328
24 years$2,470$1,906$1,453$1,096$820$279
25 years$2,346$1,788$1,346$1,001$738$237
26 years$2,232$1,681$1,248$915$665$202
27 years$2,126$1,582$1,159$838$599$172
28 years$2,028$1,491$1,077$768$541$147
29 years$1,937$1,406$1,003$704$488$125
30 years$1,852$1,328$934$646$441$107
31 years$1,773$1,255$871$593$399$91
32 years$1,699$1,188$812$545$361$78
33 years$1,630$1,125$758$501$326$66
34 years$1,564$1,066$709$461$296$57
35 years$1,503$1,011$662$425$268$48
36 years$1,445$960$620$391$243$41
37 years$1,391$912$580$360$220$35
38 years$1,339$866$543$332$199$30
39 years$1,290$824$509$306$181$26
40 years$1,244$784$477$283$164$22
41 years$1,200$746$447$261$149$19
42 years$1,159$711$420$241$135$16
43 years$1,119$677$394$222$122$14
44 years$1,081$645$370$205$111$12
45 years$1,045$615$347$189$101$10
46 years$1,011$587$326$175$92$8
47 years$978$560$306$162$83$7
48 years$947$535$288$149$76$6
49 years$917$511$270$138$69$5
50 years$888$488$254$128$62$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $910,000, adding $6,513 every year, while hoping to spend $30,007 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: 57/36/7 Blend
48$910,000$910,000$910,000$910,000
49$1,009,538$961,308$947,203$1,065,160
50$1,080,584$976,485$947,007$1,118,523
51$1,157,870$991,400$945,799$1,172,694
52$1,242,003$1,006,008$943,513$1,230,973
53$1,333,647$1,020,262$940,080$1,293,756
54$1,433,535$1,034,111$935,429$1,361,479
55$1,542,473$1,047,500$929,483$1,434,623
56$1,661,348$1,060,370$922,164$1,513,715
57$1,791,137$1,072,660$913,388$1,599,342
58$1,932,915$1,084,302$903,068$1,692,146
59$2,087,865$1,095,226$891,114$1,792,838
60$2,257,291$1,105,355$877,430$1,902,200
61$2,442,626$1,114,610$861,916$2,021,096
62$2,645,452$1,122,903$844,467$2,150,479
63$2,867,506$1,130,144$824,975$2,291,399
64$3,110,705$1,136,234$803,325$2,445,013
65$3,377,158$1,141,070$779,397$2,612,599
66$3,669,187$1,144,542$753,067$2,795,566
67$3,989,351$1,146,532$724,202$2,995,466
68$4,340,469$1,146,916$692,666$3,214,013
69$4,725,642$1,145,560$658,316$3,453,097
70$5,148,291$1,142,326$621,003$3,714,800
71$5,612,179$1,137,063$580,569$4,001,420
72$6,121,456$1,129,612$536,852$4,315,491
73$6,680,688$1,119,808$489,681$4,659,808
74$7,294,910$1,107,470$438,877$5,037,451
75$7,969,666$1,092,411$384,254$5,451,819
76$8,711,063$1,074,430$325,617$5,906,658
77$9,525,829$1,053,315$262,764$6,406,101
78$10,421,379$1,028,843$195,481$6,954,703
79$11,405,878$1,000,774$123,548$7,557,490
80$12,488,323$968,858$46,733$8,220,000
81$13,678,628$932,828$0$8,948,344
82$14,987,714$892,402$0$9,751,887
83$16,427,613$847,282$0$10,639,322
84$18,011,583$797,153$0$11,615,363
85$19,754,232$741,680$0$12,689,058
86$21,671,652$680,512$0$13,870,384
87$23,781,578$613,274$0$15,170,339
88$26,103,549$539,574$0$16,601,047
89$28,659,091$458,994$0$18,175,875
90$31,471,929$371,094$0$19,909,555
91$34,568,198$275,410$0$21,818,332
92$37,976,700$171,451$0$23,920,110
93$41,729,169$58,698$0$26,234,627
94$45,860,574$0$0$28,783,642
95$50,409,446$0$0$31,616,254
96$55,418,241$0$0$34,760,969
97$60,933,746$0$0$38,223,920
98$67,007,512$0$0$42,037,489
99$73,696,345$0$0$46,237,355
100$81,062,842$0$0$50,862,838