Can I retire at age 49 with 1,300,000?

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 $1,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$107,353$106,397$105,464$104,553$103,664$102,496
2 years$53,145$52,155$51,196$50,266$49,364$48,188
3 years$35,078$34,084$33,127$32,206$31,318$30,171
4 years$26,046$25,055$24,108$23,202$22,337$21,227
5 years$20,629$19,644$18,709$17,822$16,980$15,911
6 years$17,018$16,041$15,120$14,252$13,436$12,409
7 years$14,440$13,471$12,564$11,718$10,927$9,942
8 years$12,508$11,547$10,656$9,830$9,065$8,123
9 years$11,005$10,054$9,178$8,373$7,634$6,734
10 years$9,804$8,862$8,001$7,217$6,504$5,646
11 years$8,822$7,889$7,044$6,281$5,594$4,776
12 years$8,004$7,081$6,252$5,509$4,848$4,070
13 years$7,313$6,399$5,585$4,864$4,227$3,488
14 years$6,720$5,817$5,018$4,318$3,706$3,004
15 years$6,208$5,314$4,531$3,851$3,263$2,598
16 years$5,759$4,875$4,108$3,448$2,884$2,255
17 years$5,364$4,490$3,738$3,098$2,557$1,962
18 years$5,014$4,149$3,412$2,792$2,273$1,712
19 years$4,700$3,845$3,124$2,523$2,026$1,497
20 years$4,418$3,573$2,867$2,285$1,810$1,311
21 years$4,164$3,328$2,637$2,074$1,620$1,151
22 years$3,932$3,107$2,430$1,885$1,452$1,011
23 years$3,722$2,906$2,244$1,717$1,303$889
24 years$3,529$2,722$2,075$1,566$1,171$783
25 years$3,352$2,555$1,922$1,430$1,054$690
26 years$3,188$2,401$1,783$1,308$949$609
27 years$3,037$2,260$1,655$1,197$856$537
28 years$2,897$2,129$1,539$1,097$772$474
29 years$2,767$2,009$1,432$1,006$697$419
30 years$2,646$1,897$1,334$923$630$371
31 years$2,533$1,793$1,244$848$570$328
32 years$2,427$1,697$1,160$779$515$290
33 years$2,328$1,607$1,083$716$466$257
34 years$2,235$1,523$1,012$659$422$227
35 years$2,147$1,445$946$607$382$201
36 years$2,065$1,371$885$559$347$178
37 years$1,987$1,302$829$515$314$158
38 years$1,913$1,238$776$475$285$140
39 years$1,843$1,177$727$438$258$124
40 years$1,777$1,120$681$404$234$110
41 years$1,715$1,066$639$372$212$97
42 years$1,655$1,015$599$344$193$86
43 years$1,598$967$562$317$175$77
44 years$1,545$922$528$293$159$68
45 years$1,493$879$496$271$144$60
46 years$1,444$839$466$250$131$53
47 years$1,398$800$437$231$119$47
48 years$1,353$764$411$213$108$42
49 years$1,310$730$386$197$98$37
50 years$1,269$697$363$182$89$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,300,000, adding $2,182 every year, while hoping to spend $48,757 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: 61/13/26 Blend
48$1,300,000$1,300,000$1,300,000$1,300,000
49$1,434,851$1,365,951$1,345,801$1,512,266
50$1,529,328$1,381,005$1,339,008$1,580,188
51$1,631,809$1,395,163$1,330,354$1,648,809
52$1,743,056$1,408,330$1,319,724$1,722,661
53$1,863,913$1,420,402$1,306,999$1,802,264
54$1,995,303$1,431,273$1,292,054$1,888,193
55$2,138,245$1,440,826$1,274,759$1,981,080
56$2,293,859$1,448,940$1,254,976$2,081,625
57$2,463,377$1,455,482$1,232,563$2,190,599
58$2,648,155$1,460,315$1,207,368$2,308,857
59$2,849,687$1,463,290$1,179,234$2,437,339
60$3,069,614$1,464,251$1,147,998$2,577,083
61$3,309,746$1,463,031$1,113,487$2,729,237
62$3,572,073$1,459,452$1,075,522$2,895,066
63$3,858,786$1,453,327$1,033,914$3,075,968
64$4,172,299$1,444,456$988,466$3,273,484
65$4,515,267$1,432,628$938,973$3,489,317
66$4,890,616$1,417,618$885,220$3,725,344
67$5,301,566$1,399,189$826,983$3,983,639
68$5,751,664$1,377,088$764,025$4,266,487
69$6,244,817$1,351,048$696,103$4,576,412
70$6,785,325$1,320,786$622,960$4,916,199
71$7,377,927$1,286,004$544,327$5,288,920
72$8,027,840$1,246,382$459,927$5,697,964
73$8,740,811$1,201,586$369,465$6,147,071
74$9,523,170$1,151,260$272,639$6,640,365
75$10,381,890$1,095,028$169,129$7,182,397
76$11,324,651$1,032,493$58,603$7,778,187
77$12,359,914$963,233$0$8,433,271
78$13,496,998$886,804$0$9,170,222
79$14,746,170$802,736$0$9,997,731
80$16,118,741$710,532$0$10,907,057
81$17,627,171$609,666$0$11,906,506
82$19,285,186$499,584$0$13,005,227
83$21,107,911$379,699$0$14,213,307
84$23,112,006$249,393$0$15,541,859
85$25,315,828$108,010$0$17,003,134
86$27,739,601$0$0$18,610,632
87$30,405,608$0$0$20,385,688
88$33,338,400$0$0$22,355,482
89$36,565,027$0$0$24,522,745
90$40,115,292$0$0$26,907,508
91$44,022,034$0$0$29,531,846
92$48,321,435$0$0$32,420,079
93$53,053,364$0$0$35,599,006
94$58,261,748$0$0$39,098,154
95$63,994,991$0$0$42,950,058
96$70,306,427$0$0$47,190,569
97$77,254,824$0$0$51,859,189
98$84,904,938$0$0$56,999,448
99$93,328,122$0$0$62,659,307
100$102,603,001$0$0$68,891,618