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%11.6%
1 years$104,875$103,941$103,030$102,140$101,272$100,591
2 years$51,919$50,952$50,014$49,106$48,225$47,538
3 years$34,269$33,297$32,363$31,463$30,596$29,925
4 years$25,445$24,477$23,552$22,667$21,821$21,171
5 years$20,153$19,190$18,277$17,410$16,588$15,960
6 years$16,625$15,670$14,771$13,923$13,126$12,521
7 years$14,107$13,160$12,274$11,447$10,675$10,094
8 years$12,219$11,281$10,410$9,603$8,856$8,299
9 years$10,751$9,822$8,966$8,179$7,458$6,924
10 years$9,578$8,657$7,817$7,051$6,354$5,844
11 years$8,618$7,707$6,882$6,136$5,465$4,977
12 years$7,819$6,918$6,107$5,382$4,736$4,271
13 years$7,144$6,251$5,456$4,752$4,130$3,687
14 years$6,565$5,682$4,903$4,218$3,620$3,198
15 years$6,064$5,191$4,426$3,762$3,187$2,786
16 years$5,627$4,763$4,013$3,368$2,817$2,436
17 years$5,241$4,386$3,652$3,026$2,498$2,137
18 years$4,898$4,053$3,334$2,727$2,221$1,879
19 years$4,592$3,756$3,052$2,464$1,980$1,656
20 years$4,316$3,491$2,801$2,232$1,768$1,462
21 years$4,068$3,251$2,576$2,026$1,582$1,293
22 years$3,842$3,035$2,374$1,842$1,418$1,146
23 years$3,636$2,839$2,192$1,677$1,273$1,016
24 years$3,447$2,660$2,028$1,530$1,144$902
25 years$3,274$2,496$1,878$1,397$1,030$802
26 years$3,115$2,346$1,742$1,277$928$714
27 years$2,967$2,208$1,617$1,169$836$636
28 years$2,831$2,080$1,503$1,071$755$566
29 years$2,704$1,962$1,399$982$681$505
30 years$2,585$1,853$1,303$902$616$450
31 years$2,475$1,752$1,215$828$557$402
32 years$2,371$1,658$1,134$761$503$359
33 years$2,274$1,570$1,058$700$456$321
34 years$2,183$1,488$989$644$413$286
35 years$2,098$1,411$925$593$374$256
36 years$2,017$1,339$865$546$339$229
37 years$1,941$1,272$810$503$307$205
38 years$1,869$1,209$758$464$278$183
39 years$1,801$1,150$710$427$252$164
40 years$1,736$1,094$666$394$229$147
41 years$1,675$1,041$624$364$208$131
42 years$1,617$992$586$336$188$117
43 years$1,562$945$549$310$171$105
44 years$1,509$901$516$286$155$94
45 years$1,459$859$484$264$141$84
46 years$1,411$819$455$244$128$75
47 years$1,365$782$427$226$116$68
48 years$1,322$746$402$208$105$60
49 years$1,280$713$377$193$96$54
50 years$1,240$681$355$178$87$48

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 $6,492 every year, while hoping to spend $51,689 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: 46/41/13 Blend
48$1,270,000$1,270,000$1,270,000$1,270,000
49$1,406,236$1,338,926$1,319,241$1,465,477
50$1,494,676$1,349,537$1,308,439$1,517,824
51$1,590,404$1,358,935$1,295,543$1,568,783
52$1,694,109$1,367,007$1,280,428$1,622,922
53$1,806,549$1,373,631$1,262,963$1,680,554
54$1,928,556$1,378,679$1,243,011$1,742,027
55$2,061,047$1,382,012$1,220,430$1,807,730
56$2,205,029$1,383,486$1,195,070$1,878,088
57$2,361,610$1,382,945$1,166,773$1,953,577
58$2,532,011$1,380,225$1,135,376$2,034,721
59$2,717,571$1,375,152$1,100,707$2,122,104
60$2,919,769$1,367,540$1,062,586$2,216,371
61$3,140,229$1,357,193$1,020,826$2,318,234
62$3,380,739$1,343,902$975,230$2,428,484
63$3,643,267$1,327,446$925,594$2,547,998
64$3,929,981$1,307,591$871,701$2,677,744
65$4,243,265$1,284,089$813,329$2,818,794
66$4,585,745$1,256,677$750,243$2,972,336
67$4,960,313$1,225,076$682,198$3,139,682
68$5,370,152$1,188,992$608,939$3,322,284
69$5,818,767$1,148,112$530,198$3,521,751
70$6,310,018$1,102,106$445,696$3,739,858
71$6,848,154$1,050,624$355,142$3,978,572
72$7,437,859$993,297$258,231$4,240,066
73$8,084,285$929,733$154,647$4,526,742
74$8,793,111$859,519$44,057$4,841,256
75$9,570,591$782,218$0$5,186,544
76$10,423,613$697,368$0$5,576,110
77$11,359,762$604,480$0$6,010,468
78$12,387,396$503,038$0$6,487,515
79$13,515,721$392,497$0$7,011,683
80$14,754,876$272,281$0$7,587,863
81$16,116,032$141,782$0$8,221,457
82$17,611,496$357$0$8,918,427
83$19,254,822$0$0$9,685,352
84$21,060,948$0$0$10,598,375
85$23,046,325$0$0$11,602,350
86$25,229,081$0$0$12,706,304
87$27,629,187$0$0$13,920,357
88$30,268,647$0$0$15,255,660
89$33,171,701$0$0$16,724,501
90$36,365,061$0$0$18,340,415
91$39,878,153$0$0$20,118,319
92$43,743,402$0$0$22,074,644
93$47,996,533$0$0$24,227,499
94$52,676,910$0$0$26,596,834
95$57,827,904$0$0$29,204,632
96$63,497,305$0$0$32,075,116
97$69,737,770$0$0$35,234,975
98$76,607,320$0$0$38,713,618
99$84,169,888$0$0$42,543,450
100$92,495,919$0$0$46,760,177