Can I retire at age 49 with 1,150,000?

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 $1,150,000?

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$94,966$94,120$93,295$92,489$91,703$88,169
2 years$47,013$46,137$45,289$44,466$43,668$40,150
3 years$31,031$30,151$29,305$28,490$27,705$24,313
4 years$23,041$22,164$21,326$20,525$19,759$16,520
5 years$18,248$17,377$16,550$15,765$15,021$11,942
6 years$15,055$14,190$13,375$12,608$11,885$8,969
7 years$12,774$11,916$11,115$10,365$9,666$6,911
8 years$11,064$10,215$9,426$8,695$8,019$5,423
9 years$9,735$8,894$8,119$7,407$6,753$4,313
10 years$8,673$7,839$7,078$6,384$5,754$3,464
11 years$7,804$6,979$6,231$5,556$4,949$2,804
12 years$7,081$6,264$5,530$4,874$4,288$2,284
13 years$6,469$5,661$4,941$4,303$3,739$1,869
14 years$5,945$5,145$4,439$3,820$3,278$1,536
15 years$5,491$4,700$4,008$3,406$2,886$1,266
16 years$5,095$4,313$3,634$3,050$2,551$1,046
17 years$4,745$3,972$3,307$2,740$2,262$866
18 years$4,435$3,670$3,019$2,470$2,011$718
19 years$4,158$3,401$2,763$2,232$1,792$596
20 years$3,908$3,161$2,536$2,021$1,601$496
21 years$3,683$2,944$2,333$1,834$1,433$413
22 years$3,479$2,748$2,150$1,668$1,284$344
23 years$3,292$2,570$1,985$1,519$1,153$286
24 years$3,122$2,408$1,836$1,385$1,036$239
25 years$2,965$2,260$1,700$1,265$932$199
26 years$2,820$2,124$1,577$1,157$840$166
27 years$2,687$1,999$1,464$1,059$757$139
28 years$2,563$1,884$1,361$970$683$116
29 years$2,448$1,777$1,267$890$617$97
30 years$2,341$1,678$1,180$816$557$81
31 years$2,241$1,586$1,100$750$504$68
32 years$2,147$1,501$1,026$689$456$56
33 years$2,059$1,422$958$634$413$47
34 years$1,977$1,347$895$583$374$39
35 years$1,900$1,278$837$537$338$33
36 years$1,826$1,213$783$494$307$28
37 years$1,758$1,152$733$455$278$23
38 years$1,692$1,095$686$420$252$19
39 years$1,631$1,041$643$387$228$16
40 years$1,572$990$603$357$207$13
41 years$1,517$943$565$329$188$11
42 years$1,464$898$530$304$171$9
43 years$1,414$856$498$281$155$8
44 years$1,366$816$467$259$141$7
45 years$1,321$778$439$239$128$5
46 years$1,278$742$412$221$116$5
47 years$1,236$708$387$204$105$4
48 years$1,197$676$364$189$96$3
49 years$1,159$645$342$174$87$3
50 years$1,123$617$321$161$79$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,150,000, adding $3,727 every year, while hoping to spend $51,845 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: 72/22/6 Blend
48$1,150,000$1,150,000$1,150,000$1,150,000
49$1,271,144$1,210,194$1,192,369$1,361,473
50$1,345,638$1,214,331$1,177,151$1,425,679
51$1,425,993$1,216,933$1,159,685$1,489,103
52$1,512,752$1,217,870$1,139,842$1,557,081
53$1,606,511$1,217,004$1,117,485$1,630,046
54$1,707,927$1,214,189$1,092,473$1,708,477
55$1,817,720$1,209,269$1,064,655$1,792,900
56$1,936,682$1,202,078$1,033,876$1,883,897
57$2,065,686$1,192,442$999,973$1,982,108
58$2,205,689$1,180,175$962,775$2,088,241
59$2,357,746$1,165,080$922,105$2,203,075
60$2,523,015$1,146,948$877,774$2,327,471
61$2,702,773$1,125,558$829,590$2,462,378
62$2,898,421$1,100,677$777,347$2,608,842
63$3,111,505$1,072,054$720,832$2,768,019
64$3,343,722$1,039,429$659,824$2,941,181
65$3,596,944$1,002,523$594,090$3,129,735
66$3,873,227$961,041$523,387$3,335,230
67$4,174,837$914,673$447,461$3,559,377
68$4,504,267$863,089$366,048$3,804,061
69$4,864,262$805,940$278,871$4,071,363
70$5,257,845$742,859$185,641$4,363,578
71$5,688,342$673,456$86,056$4,683,238
72$6,159,416$597,319$0$5,033,135
73$6,675,103$514,014$0$5,417,644
74$7,239,843$423,080$0$5,844,832
75$7,858,530$324,034$0$6,312,953
76$8,536,549$216,361$0$6,826,163
77$9,279,834$99,520$0$7,389,045
78$10,094,920$0$0$8,006,652
79$10,989,004$0$0$8,691,106
80$11,970,013$0$0$9,468,596
81$13,046,680$0$0$10,321,956
82$14,228,621$0$0$11,258,817
83$15,526,433$0$0$12,287,584
84$16,951,786$0$0$13,417,518
85$18,517,537$0$0$14,658,817
86$20,237,850$0$0$16,022,719
87$22,128,328$0$0$17,521,604
88$24,206,160$0$0$19,169,108
89$26,490,285$0$0$20,980,258
90$29,001,566$0$0$22,971,606
91$31,762,990$0$0$25,161,389
92$34,799,881$0$0$27,569,700
93$38,140,144$0$0$30,218,677
94$41,814,519$0$0$33,132,712
95$45,856,879$0$0$36,338,677
96$50,304,544$0$0$39,866,183
97$55,198,635$0$0$43,747,855
98$60,584,457$0$0$48,019,641
99$66,511,934$0$0$52,721,148
100$73,036,072$0$0$57,896,019