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

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 $1,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$104,050$103,123$102,219$101,336$100,474$97,258
2 years$51,510$50,550$49,621$48,719$47,845$44,634
3 years$33,999$33,035$32,108$31,215$30,355$27,250
4 years$25,245$24,284$23,366$22,489$21,649$18,675
5 years$19,994$19,039$18,133$17,273$16,457$13,621
6 years$16,495$15,547$14,654$13,814$13,022$10,327
7 years$13,996$13,056$12,178$11,357$10,591$8,035
8 years$12,123$11,192$10,328$9,527$8,786$6,369
9 years$10,667$9,744$8,895$8,115$7,399$5,118
10 years$9,502$8,589$7,755$6,995$6,304$4,155
11 years$8,551$7,646$6,827$6,088$5,422$3,401
12 years$7,758$6,863$6,059$5,340$4,699$2,802
13 years$7,088$6,202$5,414$4,714$4,097$2,320
14 years$6,514$5,638$4,864$4,185$3,592$1,928
15 years$6,017$5,150$4,392$3,732$3,162$1,609
16 years$5,582$4,725$3,982$3,342$2,795$1,346
17 years$5,199$4,352$3,623$3,003$2,478$1,128
18 years$4,859$4,021$3,307$2,706$2,203$947
19 years$4,555$3,727$3,028$2,445$1,964$797
20 years$4,282$3,463$2,779$2,214$1,754$671
21 years$4,036$3,226$2,556$2,010$1,570$566
22 years$3,811$3,011$2,356$1,827$1,407$478
23 years$3,607$2,816$2,175$1,664$1,263$404
24 years$3,420$2,639$2,012$1,518$1,135$341
25 years$3,248$2,476$1,863$1,386$1,022$288
26 years$3,090$2,327$1,728$1,267$920$244
27 years$2,944$2,190$1,605$1,160$830$207
28 years$2,808$2,064$1,492$1,063$749$175
29 years$2,682$1,947$1,388$975$676$148
30 years$2,565$1,839$1,293$895$611$125
31 years$2,455$1,738$1,205$822$552$106
32 years$2,353$1,645$1,125$755$500$90
33 years$2,256$1,558$1,050$694$452$76
34 years$2,166$1,476$981$639$409$65
35 years$2,081$1,400$917$588$371$55
36 years$2,001$1,329$858$542$336$46
37 years$1,926$1,262$803$499$304$39
38 years$1,854$1,200$752$460$276$33
39 years$1,787$1,141$705$424$250$28
40 years$1,723$1,085$660$391$227$24
41 years$1,662$1,033$619$361$206$20
42 years$1,604$984$581$333$187$17
43 years$1,549$937$545$307$170$15
44 years$1,497$894$512$284$154$12
45 years$1,447$852$480$262$140$11
46 years$1,400$813$451$242$127$9
47 years$1,355$776$424$224$115$8
48 years$1,311$740$398$207$105$6
49 years$1,270$707$374$191$95$5
50 years$1,230$675$352$177$86$5

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 $3,768 every year, while hoping to spend $23,913 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: 46/33/21 Blend
48$1,260,000$1,260,000$1,260,000$1,260,000
49$1,392,407$1,325,627$1,306,097$1,447,927
50$1,508,989$1,365,139$1,324,408$1,526,734
51$1,636,661$1,405,786$1,342,531$1,609,514
52$1,776,529$1,447,598$1,360,434$1,698,833
53$1,929,811$1,490,607$1,378,084$1,795,314
54$2,097,848$1,534,842$1,395,446$1,899,638
55$2,282,117$1,580,339$1,412,483$2,012,558
56$2,484,246$1,627,128$1,429,154$2,134,903
57$2,706,027$1,675,245$1,445,418$2,267,582
58$2,949,433$1,724,724$1,461,232$2,411,600
59$3,216,640$1,775,600$1,476,548$2,568,060
60$3,510,043$1,827,910$1,491,317$2,738,179
61$3,832,280$1,881,690$1,505,488$2,923,297
62$4,186,257$1,936,977$1,519,007$3,124,887
63$4,575,177$1,993,811$1,531,816$3,344,574
64$5,002,568$2,052,231$1,543,855$3,584,147
65$5,472,316$2,112,276$1,555,059$3,845,576
66$5,988,701$2,173,986$1,565,363$4,131,030
67$6,556,441$2,237,404$1,574,695$4,442,900
68$7,180,733$2,302,572$1,582,983$4,783,819
69$7,867,302$2,369,533$1,590,147$5,156,688
70$8,622,457$2,438,329$1,596,106$5,564,701
71$9,453,147$2,509,007$1,600,775$6,011,378
72$10,367,030$2,581,610$1,604,063$6,500,598
73$11,372,543$2,656,185$1,605,876$7,036,633
74$12,478,983$2,732,779$1,606,113$7,624,191
75$13,696,593$2,811,439$1,604,672$8,268,457
76$15,036,659$2,892,213$1,601,442$8,975,146
77$16,511,617$2,975,150$1,596,308$9,750,553
78$18,135,168$3,060,299$1,589,151$10,601,616
79$19,922,412$3,147,710$1,579,845$11,535,979
80$21,889,985$3,237,435$1,568,256$12,562,064
81$24,056,218$3,329,523$1,554,247$13,689,152
82$26,441,310$3,424,028$1,537,673$14,927,467
83$29,067,520$3,521,002$1,518,381$16,288,279
84$31,959,373$3,620,497$1,496,213$17,784,005
85$35,143,894$3,722,566$1,471,001$19,428,325
86$38,650,863$3,827,264$1,442,572$21,236,318
87$42,513,096$3,934,644$1,410,742$23,224,596
88$46,766,751$4,044,762$1,375,321$25,411,467
89$51,451,675$4,157,670$1,336,110$27,817,107
90$56,611,774$4,273,424$1,292,898$30,463,745
91$62,295,432$4,392,079$1,245,467$33,375,880
92$68,555,966$4,513,690$1,193,590$36,580,509
93$75,452,125$4,638,312$1,137,026$40,107,380
94$83,048,651$4,765,998$1,075,525$43,989,278
95$91,416,885$4,896,805$1,008,827$48,262,329
96$100,635,444$5,030,784$936,659$52,966,344
97$110,790,958$5,167,991$858,736$58,145,196
98$121,978,891$5,308,478$774,759$63,847,231
99$134,304,441$5,452,297$684,417$70,125,727
100$147,883,535$5,599,501$587,386$77,039,396