Can I retire at age 49 with 1,270,000?

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$104,875$103,941$103,030$102,140$101,272$98,783
2 years$51,919$50,952$50,014$49,106$48,225$45,733
3 years$34,269$33,297$32,363$31,463$30,596$28,179
4 years$25,445$24,477$23,552$22,667$21,821$19,497
5 years$20,153$19,190$18,277$17,410$16,588$14,364
6 years$16,625$15,670$14,771$13,923$13,126$11,003
7 years$14,107$13,160$12,274$11,447$10,675$8,655
8 years$12,219$11,281$10,410$9,603$8,856$6,937
9 years$10,751$9,822$8,966$8,179$7,458$5,639
10 years$9,578$8,657$7,817$7,051$6,354$4,633
11 years$8,618$7,707$6,882$6,136$5,465$3,839
12 years$7,819$6,918$6,107$5,382$4,736$3,202
13 years$7,144$6,251$5,456$4,752$4,130$2,685
14 years$6,565$5,682$4,903$4,218$3,620$2,262
15 years$6,064$5,191$4,426$3,762$3,187$1,912
16 years$5,627$4,763$4,013$3,368$2,817$1,621
17 years$5,241$4,386$3,652$3,026$2,498$1,378
18 years$4,898$4,053$3,334$2,727$2,221$1,174
19 years$4,592$3,756$3,052$2,464$1,980$1,002
20 years$4,316$3,491$2,801$2,232$1,768$856
21 years$4,068$3,251$2,576$2,026$1,582$733
22 years$3,842$3,035$2,374$1,842$1,418$628
23 years$3,636$2,839$2,192$1,677$1,273$538
24 years$3,447$2,660$2,028$1,530$1,144$462
25 years$3,274$2,496$1,878$1,397$1,030$396
26 years$3,115$2,346$1,742$1,277$928$341
27 years$2,967$2,208$1,617$1,169$836$293
28 years$2,831$2,080$1,503$1,071$755$252
29 years$2,704$1,962$1,399$982$681$216
30 years$2,585$1,853$1,303$902$616$186
31 years$2,475$1,752$1,215$828$557$160
32 years$2,371$1,658$1,134$761$503$138
33 years$2,274$1,570$1,058$700$456$119
34 years$2,183$1,488$989$644$413$102
35 years$2,098$1,411$925$593$374$88
36 years$2,017$1,339$865$546$339$76
37 years$1,941$1,272$810$503$307$65
38 years$1,869$1,209$758$464$278$56
39 years$1,801$1,150$710$427$252$49
40 years$1,736$1,094$666$394$229$42
41 years$1,675$1,041$624$364$208$36
42 years$1,617$992$586$336$188$31
43 years$1,562$945$549$310$171$27
44 years$1,509$901$516$286$155$23
45 years$1,459$859$484$264$141$20
46 years$1,411$819$455$244$128$17
47 years$1,365$782$427$226$116$15
48 years$1,322$746$402$208$105$13
49 years$1,280$713$377$193$96$11
50 years$1,240$681$355$178$87$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,270,000, adding $3,490 every year, while hoping to spend $58,440 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: 61/34/5 Blend
48$1,270,000$1,270,000$1,270,000$1,270,000
49$1,403,140$1,335,830$1,316,145$1,487,378
50$1,484,081$1,339,106$1,298,056$1,547,320
51$1,571,318$1,340,584$1,277,403$1,605,581
52$1,665,434$1,340,114$1,254,037$1,667,635
53$1,767,066$1,337,536$1,227,804$1,733,847
54$1,876,914$1,332,683$1,198,543$1,804,619
55$1,995,749$1,325,375$1,166,085$1,880,397
56$2,124,419$1,315,422$1,130,252$1,961,674
57$2,263,854$1,302,621$1,090,859$2,048,994
58$2,415,077$1,286,760$1,047,713$2,142,959
59$2,579,215$1,267,611$1,000,611$2,244,234
60$2,757,505$1,244,935$949,343$2,353,556
61$2,951,311$1,218,476$893,685$2,471,738
62$3,162,129$1,187,966$833,409$2,599,680
63$3,391,609$1,153,120$768,271$2,738,376
64$3,641,565$1,113,634$698,020$2,888,924
65$3,913,993$1,069,191$622,392$3,052,540
66$4,211,090$1,019,450$541,111$3,230,565
67$4,535,273$964,056$453,891$3,424,482
68$4,889,205$902,628$360,430$3,635,931
69$5,275,814$834,767$260,415$3,866,722
70$5,698,327$760,051$153,519$4,118,856
71$6,160,294$678,031$39,399$4,394,543
72$6,665,626$588,236$0$4,696,224
73$7,218,625$490,166$0$5,030,992
74$7,824,034$383,293$0$5,399,957
75$8,487,071$267,060$0$5,804,328
76$9,213,485$140,878$0$6,247,757
77$10,009,607$4,127$0$6,734,279
78$10,882,408$0$0$7,268,346
79$11,839,566$0$0$7,908,693
80$12,889,541$0$0$8,612,929
81$14,041,646$0$0$9,385,769
82$15,306,143$0$0$10,234,110
83$16,694,335$0$0$11,165,549
84$18,218,672$0$0$12,188,452
85$19,892,869$0$0$13,312,038
86$21,732,034$0$0$14,546,461
87$23,752,813$0$0$15,902,907
88$25,973,540$0$0$17,393,702
89$28,414,417$0$0$19,032,422
90$31,097,698$0$0$20,834,025
91$34,047,901$0$0$22,814,991
92$37,292,039$0$0$24,993,476
93$40,859,874$0$0$27,389,484
94$44,784,195$0$0$30,025,055
95$49,101,131$0$0$32,924,472
96$53,850,486$0$0$36,114,492
97$59,076,118$0$0$39,624,592
98$64,826,350$0$0$43,487,255
99$71,154,427$0$0$47,738,270
100$78,119,014$0$0$52,417,071