Can I retire at age 49 with 1,260,000?

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 $1,260,000?

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$104,050$103,123$102,219$101,336$100,474$96,602
2 years$51,510$50,550$49,621$48,719$47,845$43,990
3 years$33,999$33,035$32,108$31,215$30,355$26,638
4 years$25,245$24,284$23,366$22,489$21,649$18,100
5 years$19,994$19,039$18,133$17,273$16,457$13,084
6 years$16,495$15,547$14,654$13,814$13,022$9,827
7 years$13,996$13,056$12,178$11,357$10,591$7,572
8 years$12,123$11,192$10,328$9,527$8,786$5,942
9 years$10,667$9,744$8,895$8,115$7,399$4,725
10 years$9,502$8,589$7,755$6,995$6,304$3,796
11 years$8,551$7,646$6,827$6,088$5,422$3,073
12 years$7,758$6,863$6,059$5,340$4,699$2,503
13 years$7,088$6,202$5,414$4,714$4,097$2,048
14 years$6,514$5,638$4,864$4,185$3,592$1,683
15 years$6,017$5,150$4,392$3,732$3,162$1,387
16 years$5,582$4,725$3,982$3,342$2,795$1,146
17 years$5,199$4,352$3,623$3,003$2,478$949
18 years$4,859$4,021$3,307$2,706$2,203$787
19 years$4,555$3,727$3,028$2,445$1,964$653
20 years$4,282$3,463$2,779$2,214$1,754$543
21 years$4,036$3,226$2,556$2,010$1,570$452
22 years$3,811$3,011$2,356$1,827$1,407$376
23 years$3,607$2,816$2,175$1,664$1,263$314
24 years$3,420$2,639$2,012$1,518$1,135$262
25 years$3,248$2,476$1,863$1,386$1,022$218
26 years$3,090$2,327$1,728$1,267$920$182
27 years$2,944$2,190$1,605$1,160$830$152
28 years$2,808$2,064$1,492$1,063$749$127
29 years$2,682$1,947$1,388$975$676$106
30 years$2,565$1,839$1,293$895$611$89
31 years$2,455$1,738$1,205$822$552$74
32 years$2,353$1,645$1,125$755$500$62
33 years$2,256$1,558$1,050$694$452$52
34 years$2,166$1,476$981$639$409$43
35 years$2,081$1,400$917$588$371$36
36 years$2,001$1,329$858$542$336$30
37 years$1,926$1,262$803$499$304$25
38 years$1,854$1,200$752$460$276$21
39 years$1,787$1,141$705$424$250$18
40 years$1,723$1,085$660$391$227$15
41 years$1,662$1,033$619$361$206$12
42 years$1,604$984$581$333$187$10
43 years$1,549$937$545$307$170$9
44 years$1,497$894$512$284$154$7
45 years$1,447$852$480$262$140$6
46 years$1,400$813$451$242$127$5
47 years$1,355$776$424$224$115$4
48 years$1,311$740$398$207$105$4
49 years$1,270$707$374$191$95$3
50 years$1,230$675$352$177$86$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,260,000, adding $3,498 every year, while hoping to spend $27,813 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: 76/12/12 Blend
48$1,260,000$1,260,000$1,260,000$1,260,000
49$1,392,128$1,325,348$1,305,818$1,494,402
50$1,504,532$1,360,697$1,319,970$1,597,650
51$1,627,470$1,396,847$1,333,664$1,706,943
52$1,761,985$1,433,806$1,346,856$1,825,975
53$1,909,229$1,471,584$1,359,497$1,955,705
54$2,070,469$1,510,190$1,371,539$2,097,189
55$2,247,100$1,549,632$1,382,928$2,251,591
56$2,440,659$1,589,919$1,393,611$2,420,192
57$2,652,839$1,631,057$1,403,529$2,604,403
58$2,885,502$1,673,053$1,412,621$2,805,778
59$3,140,702$1,715,911$1,420,823$3,026,030
60$3,420,700$1,759,638$1,428,067$3,267,045
61$3,727,987$1,804,236$1,434,283$3,530,900
62$4,065,307$1,849,708$1,439,396$3,819,884
63$4,435,680$1,896,055$1,443,328$4,136,519
64$4,842,436$1,943,279$1,445,996$4,483,583
65$5,289,243$1,991,377$1,447,315$4,864,136
66$5,780,139$2,040,348$1,447,193$5,281,551
67$6,319,575$2,090,188$1,445,537$5,739,542
68$6,912,455$2,140,890$1,442,246$6,242,203
69$7,564,180$2,192,448$1,437,215$6,794,044
70$8,280,700$2,244,851$1,430,335$7,400,034
71$9,068,571$2,298,089$1,421,492$8,065,649
72$9,935,018$2,352,148$1,410,564$8,796,921
73$10,887,998$2,407,012$1,397,426$9,600,499
74$11,936,279$2,462,661$1,381,945$10,483,707
75$13,089,523$2,519,075$1,363,984$11,454,617
76$14,358,374$2,576,229$1,343,397$12,522,123
77$15,754,560$2,634,096$1,320,032$13,696,026
78$17,291,003$2,692,644$1,293,731$14,987,124
79$18,981,942$2,751,840$1,264,328$16,407,319
80$20,843,065$2,811,646$1,231,648$17,969,722
81$22,891,659$2,872,018$1,195,510$19,688,785
82$25,146,772$2,932,910$1,155,723$21,580,431
83$27,629,391$2,994,271$1,112,088$23,662,207
84$30,362,643$3,056,045$1,064,398$25,953,448
85$33,372,012$3,118,170$1,012,434$28,475,464
86$36,685,576$3,180,579$955,969$31,251,735
87$40,334,276$3,243,199$894,765$34,308,135
88$44,352,207$3,305,951$828,575$37,673,180
89$48,776,938$3,368,748$757,138$41,378,291
90$53,649,867$3,431,498$680,183$45,458,094
91$59,016,611$3,494,100$597,428$49,950,749
92$64,927,439$3,556,444$508,575$54,898,305
93$71,437,742$3,618,414$413,317$60,347,100
94$78,608,559$3,679,883$311,330$66,348,201
95$86,507,150$3,740,716$202,277$72,957,881
96$95,207,634$3,800,765$85,808$80,238,154
97$104,791,685$3,859,875$0$88,257,359
98$115,349,304$3,917,877$0$97,095,732
99$126,979,671$3,974,590$0$106,843,384
100$139,792,073$4,029,821$0$117,580,825