Can I retire at age 49 with 1,160,000?

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 $1,160,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$95,792$94,938$94,106$93,293$92,500$91,306
2 years$47,422$46,538$45,683$44,853$44,048$42,847
3 years$31,300$30,413$29,560$28,738$27,946$26,775
4 years$23,241$22,357$21,512$20,704$19,931$18,799
5 years$18,407$17,528$16,694$15,902$15,151$14,062
6 years$15,185$14,313$13,491$12,717$11,989$10,943
7 years$12,885$12,020$11,211$10,456$9,750$8,749
8 years$11,161$10,303$9,508$8,771$8,089$7,131
9 years$9,820$8,971$8,189$7,471$6,812$5,898
10 years$8,748$7,908$7,140$6,440$5,804$4,933
11 years$7,872$7,040$6,286$5,605$4,992$4,163
12 years$7,142$6,318$5,578$4,916$4,326$3,538
13 years$6,525$5,710$4,984$4,340$3,772$3,025
14 years$5,997$5,190$4,478$3,853$3,307$2,598
15 years$5,539$4,741$4,043$3,436$2,911$2,241
16 years$5,139$4,350$3,666$3,077$2,573$1,939
17 years$4,787$4,006$3,336$2,764$2,281$1,683
18 years$4,474$3,702$3,045$2,491$2,029$1,464
19 years$4,194$3,431$2,788$2,251$1,808$1,276
20 years$3,942$3,188$2,558$2,039$1,615$1,115
21 years$3,715$2,970$2,353$1,850$1,445$975
22 years$3,509$2,772$2,169$1,682$1,295$854
23 years$3,321$2,593$2,002$1,532$1,163$749
24 years$3,149$2,429$1,852$1,397$1,045$658
25 years$2,991$2,280$1,715$1,276$941$578
26 years$2,845$2,143$1,591$1,167$847$508
27 years$2,710$2,016$1,477$1,068$764$447
28 years$2,585$1,900$1,373$979$689$393
29 years$2,469$1,792$1,278$897$622$347
30 years$2,361$1,693$1,190$824$562$305
31 years$2,260$1,600$1,110$756$508$269
32 years$2,166$1,514$1,035$695$460$237
33 years$2,077$1,434$967$639$416$209
34 years$1,994$1,359$903$588$377$185
35 years$1,916$1,289$844$541$341$163
36 years$1,842$1,223$790$499$309$144
37 years$1,773$1,162$739$459$280$127
38 years$1,707$1,104$692$423$254$112
39 years$1,645$1,050$649$390$230$99
40 years$1,586$999$608$360$209$88
41 years$1,530$951$570$332$190$77
42 years$1,477$906$535$307$172$68
43 years$1,426$863$502$283$156$60
44 years$1,378$823$471$261$142$53
45 years$1,332$784$442$241$129$47
46 years$1,289$748$415$223$117$42
47 years$1,247$714$390$206$106$37
48 years$1,207$682$367$190$96$33
49 years$1,169$651$345$176$87$29
50 years$1,133$622$324$163$79$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,160,000, adding $4,128 every year, while hoping to spend $50,064 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: 50/28/22 Blend
48$1,160,000$1,160,000$1,160,000$1,160,000
49$1,282,578$1,221,098$1,203,118$1,338,607
50$1,360,133$1,227,664$1,190,155$1,384,469
51$1,443,921$1,232,874$1,175,079$1,428,859
52$1,534,525$1,236,608$1,157,768$1,476,067
53$1,632,585$1,238,741$1,138,092$1,526,379
54$1,738,805$1,239,136$1,115,914$1,580,113
55$1,853,960$1,237,650$1,091,095$1,637,621
56$1,978,902$1,234,133$1,063,484$1,699,294
57$2,114,567$1,228,422$1,032,927$1,765,566
58$2,261,984$1,220,347$999,262$1,836,917
59$2,422,288$1,209,725$962,319$1,913,880
60$2,596,725$1,196,365$921,920$1,997,045
61$2,786,666$1,180,062$877,880$2,087,066
62$2,993,621$1,160,600$830,004$2,184,666
63$3,219,251$1,137,750$778,089$2,290,648
64$3,465,384$1,111,269$721,925$2,405,901
65$3,734,032$1,080,901$661,288$2,531,406
66$4,027,411$1,046,372$595,949$2,668,252
67$4,347,958$1,007,396$525,665$2,817,643
68$4,698,358$963,667$450,183$2,980,912
69$5,081,567$914,862$369,240$3,159,533
70$5,500,838$860,642$282,561$3,355,136
71$5,959,755$800,645$189,858$3,569,523
72$6,462,262$734,489$90,831$3,804,690
73$7,012,707$661,772$0$4,062,841
74$7,615,872$582,068$0$4,349,899
75$8,277,027$494,927$0$4,688,052
76$9,001,978$399,872$0$5,059,014
77$9,797,115$296,401$0$5,466,160
78$10,669,479$183,983$0$5,913,211
79$11,626,826$62,058$0$6,404,277
80$12,677,698$0$0$6,943,889
81$13,831,505$0$0$7,558,605
82$15,098,610$0$0$8,254,810
83$16,490,434$0$0$9,019,672
84$18,019,555$0$0$9,860,121
85$19,699,830$0$0$10,783,790
86$21,546,524$0$0$11,799,088
87$23,576,456$0$0$12,915,279
88$25,808,156$0$0$14,142,572
89$28,262,036$0$0$15,492,212
90$30,960,587$0$0$16,976,589
91$33,928,590$0$0$18,609,353
92$37,193,344$0$0$20,405,546
93$40,784,930$0$0$22,381,738
94$44,736,491$0$0$24,556,189
95$49,084,543$0$0$26,949,017
96$53,869,322$0$0$29,582,388
97$59,135,161$0$0$32,480,728
98$64,930,906$0$0$35,670,947
99$71,310,382$0$0$39,182,700
100$78,332,896$0$0$43,048,661