Can I retire at age 49 with 925,000?

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 $925,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$76,386$75,705$75,041$74,393$73,761$71,861
2 years$37,815$37,110$36,428$35,766$35,124$33,223
3 years$24,959$24,252$23,571$22,916$22,284$20,441
4 years$18,533$17,828$17,154$16,509$15,893$14,122
5 years$14,678$13,977$13,312$12,681$12,082$10,387
6 years$12,109$11,413$10,758$10,141$9,560$7,944
7 years$10,275$9,585$8,940$8,337$7,775$6,238
8 years$8,900$8,216$7,582$6,994$6,450$4,991
9 years$7,831$7,154$6,530$5,957$5,432$4,050
10 years$6,976$6,306$5,693$5,135$4,628$3,321
11 years$6,277$5,613$5,012$4,469$3,980$2,747
12 years$5,695$5,038$4,448$3,920$3,449$2,286
13 years$5,203$4,553$3,974$3,461$3,008$1,914
14 years$4,782$4,139$3,571$3,072$2,637$1,609
15 years$4,417$3,781$3,224$2,740$2,322$1,357
16 years$4,098$3,469$2,923$2,453$2,052$1,148
17 years$3,817$3,195$2,660$2,204$1,819$974
18 years$3,567$2,952$2,428$1,986$1,618$828
19 years$3,344$2,736$2,223$1,795$1,442$705
20 years$3,144$2,542$2,040$1,626$1,288$601
21 years$2,963$2,368$1,876$1,475$1,152$513
22 years$2,798$2,211$1,729$1,341$1,033$438
23 years$2,648$2,067$1,597$1,222$927$375
24 years$2,511$1,937$1,477$1,114$833$321
25 years$2,385$1,818$1,368$1,018$750$275
26 years$2,269$1,708$1,269$930$676$236
27 years$2,161$1,608$1,178$852$609$202
28 years$2,062$1,515$1,095$780$550$173
29 years$1,969$1,429$1,019$716$496$149
30 years$1,883$1,350$949$657$448$128
31 years$1,802$1,276$885$603$405$110
32 years$1,727$1,207$826$554$367$94
33 years$1,657$1,143$771$510$332$81
34 years$1,590$1,084$720$469$300$69
35 years$1,528$1,028$673$432$272$60
36 years$1,469$976$630$398$247$51
37 years$1,414$927$590$366$223$44
38 years$1,361$881$552$338$203$38
39 years$1,312$837$517$311$184$33
40 years$1,265$797$485$287$167$28
41 years$1,220$758$455$265$151$24
42 years$1,178$722$426$245$137$21
43 years$1,137$688$400$226$125$18
44 years$1,099$656$376$208$113$15
45 years$1,062$626$353$192$103$13
46 years$1,028$597$331$178$93$11
47 years$994$569$311$164$85$10
48 years$963$544$292$152$77$8
49 years$932$519$275$140$70$7
50 years$903$496$258$130$63$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $925,000, adding $6,086 every year, while hoping to spend $42,503 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: 29/42/29 Blend
48$925,000$925,000$925,000$925,000
49$1,025,628$976,603$962,265$1,046,071
50$1,085,019$979,233$949,278$1,065,402
51$1,149,043$980,568$934,432$1,082,086
52$1,218,129$980,500$917,618$1,099,183
53$1,292,746$978,912$898,726$1,116,758
54$1,373,410$975,682$877,638$1,134,887
55$1,460,689$970,682$854,230$1,153,658
56$1,555,208$963,774$828,375$1,173,170
57$1,657,651$954,811$799,937$1,193,540
58$1,768,773$943,639$768,777$1,214,897
59$1,889,405$930,093$734,748$1,237,391
60$2,020,457$914,001$697,695$1,261,191
61$2,162,935$895,178$657,459$1,286,487
62$2,317,941$873,429$613,871$1,313,498
63$2,486,692$848,547$566,756$1,342,468
64$2,670,523$820,315$515,931$1,373,672
65$2,870,906$788,500$461,204$1,407,422
66$3,089,459$752,857$402,375$1,444,068
67$3,327,965$713,128$339,236$1,484,003
68$3,588,385$669,039$271,568$1,527,667
69$3,872,879$620,301$199,144$1,575,554
70$4,183,823$566,606$121,726$1,628,219
71$4,523,834$507,631$39,065$1,686,281
72$4,895,795$443,034$0$1,750,432
73$5,302,877$372,454$0$1,836,654
74$5,748,574$295,508$0$1,944,492
75$6,236,733$211,793$0$2,062,896
76$6,771,592$120,882$0$2,193,031
77$7,357,816$22,327$0$2,336,190
78$8,000,544$0$0$2,493,804
79$8,705,435$0$0$2,706,444
80$9,478,723$0$0$2,951,189
81$10,327,274$0$0$3,219,912
82$11,258,653$0$0$3,515,026
83$12,281,188$0$0$3,839,193
84$13,404,058$0$0$4,195,343
85$14,637,372$0$0$4,586,703
86$15,992,266$0$0$5,016,830
87$17,481,008$0$0$5,489,642
88$19,117,115$0$0$6,009,455
89$20,915,475$0$0$6,581,025
90$22,892,492$0$0$7,209,592
91$25,066,241$0$0$7,900,927
92$27,456,631$0$0$8,661,391
93$30,085,600$0$0$9,497,991
94$32,977,319$0$0$10,418,449
95$36,158,417$0$0$11,431,270
96$39,658,235$0$0$12,545,828
97$43,509,102$0$0$13,772,452
98$47,746,638$0$0$15,122,520
99$52,410,091$0$0$16,608,571
100$57,542,704$0$0$18,244,421