Can I retire at age 49 with 1,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$90,837$90,028$89,238$88,468$87,716$84,335
2 years$44,969$44,131$43,320$42,533$41,769$38,404
3 years$29,681$28,840$28,031$27,251$26,500$23,256
4 years$22,039$21,201$20,399$19,633$18,900$15,801
5 years$17,455$16,622$15,831$15,080$14,368$11,422
6 years$14,400$13,573$12,793$12,060$11,369$8,579
7 years$12,219$11,398$10,631$9,915$9,246$6,611
8 years$10,583$9,771$9,016$8,317$7,670$5,187
9 years$9,312$8,507$7,766$7,084$6,459$4,125
10 years$8,296$7,499$6,770$6,107$5,504$3,314
11 years$7,465$6,675$5,960$5,315$4,733$2,682
12 years$6,773$5,992$5,290$4,662$4,102$2,185
13 years$6,188$5,415$4,726$4,116$3,577$1,788
14 years$5,687$4,922$4,246$3,653$3,135$1,469
15 years$5,253$4,496$3,834$3,258$2,761$1,211
16 years$4,873$4,125$3,476$2,917$2,440$1,000
17 years$4,539$3,799$3,163$2,621$2,163$828
18 years$4,242$3,510$2,887$2,362$1,924$687
19 years$3,977$3,253$2,643$2,135$1,715$570
20 years$3,739$3,023$2,426$1,933$1,531$474
21 years$3,523$2,816$2,231$1,755$1,371$395
22 years$3,327$2,629$2,057$1,595$1,228$329
23 years$3,149$2,459$1,899$1,453$1,103$274
24 years$2,986$2,304$1,756$1,325$991$228
25 years$2,836$2,162$1,627$1,210$892$191
26 years$2,698$2,032$1,509$1,106$803$159
27 years$2,570$1,912$1,401$1,013$724$133
28 years$2,452$1,802$1,302$928$654$111
29 years$2,342$1,700$1,212$851$590$93
30 years$2,239$1,605$1,129$781$533$77
31 years$2,143$1,517$1,052$717$482$65
32 years$2,054$1,436$982$659$436$54
33 years$1,970$1,360$917$606$395$45
34 years$1,891$1,289$857$558$357$38
35 years$1,817$1,222$801$513$324$32
36 years$1,747$1,160$749$473$293$26
37 years$1,681$1,102$701$436$266$22
38 years$1,619$1,047$657$402$241$18
39 years$1,560$996$615$370$218$15
40 years$1,504$947$577$342$198$13
41 years$1,451$902$541$315$180$11
42 years$1,400$859$507$291$163$9
43 years$1,353$818$476$268$148$8
44 years$1,307$780$447$248$134$6
45 years$1,264$744$419$229$122$5
46 years$1,222$710$394$211$111$4
47 years$1,183$677$370$195$101$4
48 years$1,145$646$348$180$91$3
49 years$1,109$617$327$167$83$3
50 years$1,074$590$307$154$75$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,100,000, adding $3,679 every year, while hoping to spend $33,355 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: 52/38/10 Blend
48$1,100,000$1,100,000$1,100,000$1,100,000
49$1,215,995$1,157,695$1,140,645$1,275,895
50$1,304,537$1,178,932$1,143,367$1,338,327
51$1,400,992$1,200,093$1,145,062$1,402,294
52$1,506,133$1,221,137$1,145,662$1,471,081
53$1,620,809$1,242,023$1,145,091$1,545,150
54$1,745,954$1,262,705$1,143,275$1,625,012
55$1,882,599$1,283,135$1,140,132$1,711,229
56$2,031,876$1,303,261$1,135,579$1,804,421
57$2,195,033$1,323,026$1,129,526$1,905,270
58$2,373,443$1,342,371$1,121,882$2,014,532
59$2,568,618$1,361,231$1,112,549$2,133,036
60$2,782,223$1,379,537$1,101,425$2,261,698
61$3,016,091$1,397,216$1,088,404$2,401,530
62$3,272,242$1,414,189$1,073,375$2,553,645
63$3,552,898$1,430,371$1,056,220$2,719,271
64$3,860,507$1,445,673$1,036,818$2,899,764
65$4,197,768$1,460,000$1,015,039$3,096,617
66$4,567,648$1,473,248$990,752$3,311,478
67$4,973,420$1,485,309$963,814$3,546,163
68$5,418,687$1,496,067$934,080$3,802,676
69$5,907,418$1,505,399$901,396$4,083,227
70$6,443,983$1,513,172$865,601$4,390,251
71$7,033,200$1,519,248$826,529$4,726,435
72$7,680,373$1,523,478$784,004$5,094,743
73$8,391,345$1,525,703$737,843$5,498,441
74$9,172,555$1,525,755$687,854$5,941,131
75$10,031,096$1,523,457$633,837$6,426,787
76$10,974,780$1,518,619$575,583$6,959,788
77$12,012,216$1,511,039$512,873$7,544,966
78$13,152,888$1,500,506$445,480$8,187,647
79$14,407,244$1,486,793$373,165$8,893,703
80$15,786,797$1,469,659$295,680$9,669,610
81$17,304,229$1,448,852$212,765$10,522,508
82$18,973,516$1,424,101$124,147$11,460,271
83$20,810,054$1,395,121$29,546$12,491,578
84$22,830,808$1,361,610$0$13,626,000
85$25,054,469$1,323,248$0$14,881,708
86$27,501,635$1,279,697$0$16,266,578
87$30,194,996$1,230,597$0$17,790,313
88$33,159,559$1,175,570$0$19,467,091
89$36,422,875$1,114,213$0$21,312,540
90$40,015,301$1,046,103$0$23,343,888
91$43,970,290$970,790$0$25,580,124
92$48,324,700$887,799$0$28,042,181
93$53,119,148$796,630$0$30,753,132
94$58,398,387$696,751$0$33,738,413
95$64,211,733$587,602$0$37,026,060
96$70,613,526$468,591$0$40,646,976
97$77,663,647$339,093$0$44,635,225
98$85,428,077$198,447$0$49,028,353
99$93,979,526$45,955$0$53,867,749
100$103,398,112$0$0$59,199,029