Can I retire at age 49 with 1,180,000?

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 $1,180,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$97,443$96,575$95,728$94,902$94,095$92,157
2 years$48,239$47,341$46,470$45,626$44,807$42,864
3 years$31,840$30,938$30,069$29,233$28,427$26,539
4 years$23,642$22,743$21,883$21,061$20,275$18,456
5 years$18,725$17,830$16,982$16,177$15,413$13,668
6 years$15,447$14,560$13,724$12,937$12,195$10,528
7 years$13,107$12,227$11,405$10,636$9,918$8,327
8 years$11,353$10,481$9,672$8,922$8,228$6,714
9 years$9,989$9,126$8,331$7,600$6,929$5,490
10 years$8,899$8,044$7,263$6,551$5,904$4,539
11 years$8,008$7,161$6,394$5,701$5,078$3,785
12 years$7,265$6,427$5,675$5,001$4,400$3,178
13 years$6,638$5,808$5,070$4,415$3,837$2,683
14 years$6,100$5,280$4,555$3,919$3,364$2,275
15 years$5,635$4,823$4,113$3,495$2,962$1,937
16 years$5,228$4,425$3,729$3,130$2,617$1,654
17 years$4,869$4,075$3,393$2,812$2,321$1,416
18 years$4,551$3,766$3,097$2,534$2,064$1,215
19 years$4,266$3,490$2,836$2,290$1,839$1,045
20 years$4,010$3,243$2,602$2,074$1,643$900
21 years$3,779$3,021$2,394$1,882$1,470$776
22 years$3,569$2,820$2,206$1,711$1,318$670
23 years$3,378$2,637$2,037$1,558$1,183$579
24 years$3,203$2,471$1,884$1,421$1,063$500
25 years$3,042$2,319$1,745$1,298$957$433
26 years$2,894$2,179$1,618$1,187$862$375
27 years$2,757$2,051$1,503$1,086$777$325
28 years$2,630$1,933$1,397$995$701$282
29 years$2,512$1,823$1,300$913$633$244
30 years$2,402$1,722$1,211$838$572$212
31 years$2,299$1,628$1,129$769$517$184
32 years$2,203$1,540$1,053$707$468$160
33 years$2,113$1,459$983$650$423$139
34 years$2,029$1,382$919$598$383$120
35 years$1,949$1,311$859$551$347$105
36 years$1,874$1,245$804$507$315$91
37 years$1,803$1,182$752$467$285$79
38 years$1,736$1,123$704$431$258$69
39 years$1,673$1,068$660$397$234$60
40 years$1,613$1,016$619$366$213$52
41 years$1,556$967$580$338$193$45
42 years$1,502$921$544$312$175$39
43 years$1,451$878$511$288$159$34
44 years$1,402$837$479$266$144$30
45 years$1,355$798$450$246$131$26
46 years$1,311$761$423$227$119$22
47 years$1,269$726$397$210$108$19
48 years$1,228$693$373$194$98$17
49 years$1,189$662$351$179$89$15
50 years$1,152$633$330$165$81$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,180,000, adding $3,915 every year, while hoping to spend $49,713 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: 36/40/24 Blend
48$1,180,000$1,180,000$1,180,000$1,180,000
49$1,304,398$1,241,858$1,223,568$1,341,799
50$1,384,553$1,249,815$1,211,664$1,377,647
51$1,471,217$1,256,496$1,197,694$1,411,474
52$1,565,002$1,261,785$1,181,538$1,447,003
53$1,666,580$1,265,560$1,163,067$1,484,418
54$1,776,691$1,267,692$1,142,150$1,523,925
55$1,896,146$1,268,043$1,118,645$1,565,754
56$2,025,841$1,266,464$1,092,407$1,610,161
57$2,166,757$1,262,802$1,063,283$1,657,434
58$2,319,977$1,256,890$1,031,114$1,707,893
59$2,486,690$1,248,552$995,731$1,761,894
60$2,668,205$1,237,604$956,961$1,819,836
61$2,865,962$1,223,847$914,620$1,882,161
62$3,081,547$1,207,072$868,516$1,949,365
63$3,316,705$1,187,059$818,451$2,021,996
64$3,573,355$1,163,570$764,215$2,100,667
65$3,853,611$1,136,359$705,590$2,186,056
66$4,159,800$1,105,161$642,348$2,278,921
67$4,494,483$1,069,698$574,251$2,380,102
68$4,860,482$1,029,675$501,049$2,490,531
69$5,260,900$984,778$422,484$2,611,247
70$5,699,158$934,678$338,283$2,743,398
71$6,179,019$879,025$248,163$2,888,263
72$6,704,631$817,449$151,828$3,047,257
73$7,280,559$749,559$48,970$3,221,952
74$7,911,831$674,943$0$3,414,089
75$8,603,986$593,163$0$3,641,168
76$9,363,122$503,758$0$3,904,154
77$10,195,959$406,240$0$4,192,953
78$11,109,896$300,095$0$4,510,284
79$12,113,083$184,778$0$4,859,153
80$13,214,500$59,714$0$5,242,878
81$14,424,037$0$0$5,665,129
82$15,752,589$0$0$6,163,279
83$17,212,158$0$0$6,739,607
84$18,815,966$0$0$7,373,073
85$20,578,580$0$0$8,069,452
86$22,516,048$0$0$8,835,108
87$24,646,048$0$0$9,677,052
88$26,988,060$0$0$10,603,008
89$29,563,542$0$0$11,621,487
90$32,396,138$0$0$12,741,865
91$35,511,899$0$0$13,974,474
92$38,939,524$0$0$15,330,697
93$42,710,638$0$0$16,823,075
94$46,860,083$0$0$18,465,429
95$51,426,249$0$0$20,272,984
96$56,451,438$0$0$22,262,518
97$61,982,256$0$0$24,452,518
98$68,070,060$0$0$26,863,354
99$74,771,437$0$0$29,517,470
100$82,148,739$0$0$32,439,599