Can I retire at age 49 with 1,140,000?

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 $1,140,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$94,140$93,302$92,483$91,685$90,905$90,219
2 years$46,604$45,736$44,895$44,079$43,288$42,596
3 years$30,761$29,889$29,050$28,242$27,464$26,788
4 years$22,841$21,972$21,141$20,347$19,587$18,932
5 years$18,090$17,226$16,406$15,628$14,890$14,258
6 years$14,924$14,066$13,259$12,498$11,782$11,174
7 years$12,663$11,813$11,018$10,275$9,582$8,998
8 years$10,968$10,126$9,344$8,620$7,949$7,389
9 years$9,651$8,816$8,048$7,342$6,694$6,158
10 years$8,597$7,771$7,017$6,329$5,704$5,191
11 years$7,736$6,918$6,177$5,508$4,906$4,416
12 years$7,019$6,209$5,482$4,831$4,251$3,784
13 years$6,413$5,612$4,898$4,265$3,707$3,262
14 years$5,893$5,101$4,401$3,786$3,250$2,827
15 years$5,444$4,660$3,973$3,377$2,861$2,459
16 years$5,051$4,275$3,602$3,023$2,529$2,147
17 years$4,704$3,937$3,278$2,717$2,242$1,881
18 years$4,397$3,638$2,992$2,448$1,994$1,651
19 years$4,122$3,372$2,739$2,212$1,777$1,453
20 years$3,874$3,133$2,514$2,004$1,587$1,281
21 years$3,651$2,918$2,313$1,818$1,420$1,132
22 years$3,448$2,724$2,131$1,653$1,273$1,001
23 years$3,264$2,548$1,968$1,506$1,143$887
24 years$3,094$2,387$1,820$1,373$1,027$786
25 years$2,939$2,240$1,686$1,254$924$698
26 years$2,796$2,106$1,563$1,147$833$620
27 years$2,664$1,982$1,452$1,050$751$551
28 years$2,541$1,867$1,350$962$677$490
29 years$2,427$1,762$1,256$882$612$436
30 years$2,321$1,664$1,170$809$553$389
31 years$2,221$1,573$1,091$743$500$346
32 years$2,129$1,488$1,018$683$452$309
33 years$2,042$1,409$950$628$409$275
34 years$1,960$1,336$888$578$370$246
35 years$1,883$1,267$830$532$335$219
36 years$1,811$1,202$776$490$304$196
37 years$1,742$1,142$727$451$275$175
38 years$1,678$1,085$681$416$250$156
39 years$1,616$1,032$638$384$226$139
40 years$1,559$982$598$354$205$124
41 years$1,504$935$560$327$186$111
42 years$1,451$890$526$301$169$99
43 years$1,402$848$493$278$153$89
44 years$1,354$808$463$257$139$79
45 years$1,309$771$435$237$126$71
46 years$1,267$735$408$219$115$63
47 years$1,226$702$384$202$104$57
48 years$1,186$670$360$187$95$51
49 years$1,149$640$339$173$86$45
50 years$1,113$611$319$160$78$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,140,000, adding $4,785 every year, while hoping to spend $36,233 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: 47/30/23 Blend
48$1,140,000$1,140,000$1,140,000$1,140,000
49$1,261,216$1,200,796$1,183,126$1,312,012
50$1,351,308$1,221,083$1,184,209$1,368,376
51$1,449,376$1,241,150$1,184,114$1,425,547
52$1,556,193$1,260,948$1,182,763$1,486,869
53$1,672,614$1,280,424$1,180,075$1,552,749
54$1,799,577$1,299,521$1,175,964$1,623,635
55$1,938,116$1,318,179$1,170,340$1,700,021
56$2,089,367$1,336,333$1,163,110$1,782,455
57$2,254,584$1,353,915$1,154,175$1,871,539
58$2,435,143$1,370,849$1,143,432$1,967,939
59$2,632,564$1,387,056$1,130,773$2,072,392
60$2,848,516$1,402,452$1,116,084$2,185,709
61$3,084,839$1,416,947$1,099,248$2,308,786
62$3,343,558$1,430,443$1,080,139$2,442,612
63$3,626,906$1,442,839$1,058,628$2,588,281
64$3,937,337$1,454,025$1,034,579$2,746,997
65$4,277,558$1,463,885$1,007,849$2,920,092
66$4,650,547$1,472,294$978,291$3,109,034
67$5,059,587$1,479,120$945,748$3,315,445
68$5,508,291$1,484,224$910,057$3,541,114
69$6,000,641$1,487,455$871,048$3,788,015
70$6,541,022$1,488,656$828,543$4,058,328
71$7,134,263$1,487,657$782,356$4,354,457
72$7,785,686$1,484,280$732,293$4,679,056
73$8,501,151$1,478,335$678,150$5,035,052
74$9,287,116$1,469,620$619,715$5,425,676
75$10,150,692$1,457,922$556,767$5,854,493
76$11,099,717$1,443,014$489,072$6,325,433
77$12,142,822$1,424,656$416,390$6,842,836
78$13,289,518$1,402,593$338,468$7,411,487
79$14,550,284$1,376,554$255,041$8,036,666
80$15,936,662$1,346,255$165,834$8,724,197
81$17,461,372$1,311,391$70,560$9,480,503
82$19,138,425$1,271,643$0$10,312,670
83$20,983,263$1,226,672$0$11,236,150
84$23,012,894$1,176,117$0$12,270,902
85$25,246,062$1,119,600$0$13,409,180
86$27,703,417$1,056,717$0$14,661,551
87$30,407,714$987,044$0$16,039,668
88$33,384,023$910,132$0$17,556,373
89$36,659,969$825,504$0$19,225,824
90$40,265,992$732,660$0$21,063,628
91$44,235,630$631,067$0$23,086,988
92$48,605,840$520,165$0$25,314,869
93$53,417,344$399,361$0$27,768,175
94$58,715,013$268,030$0$30,469,948
95$64,548,291$125,510$0$33,445,590
96$70,971,660$0$0$36,723,097
97$78,045,156$0$0$40,342,872
98$85,834,931$0$0$44,374,993
99$94,413,882$0$0$48,815,781
100$103,862,335$0$0$53,706,838