Can I retire at age 49 with 1,330,000?

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$109,830$108,852$107,897$106,966$106,056$102,252
2 years$54,371$53,359$52,377$51,426$50,503$46,712
3 years$35,888$34,871$33,892$32,949$32,041$28,382
4 years$26,647$25,634$24,664$23,738$22,852$19,353
5 years$21,105$20,097$19,141$18,233$17,372$14,041
6 years$17,411$16,411$15,468$14,581$13,746$10,587
7 years$14,773$13,782$12,854$11,988$11,179$8,191
8 years$12,796$11,813$10,902$10,056$9,274$6,454
9 years$11,259$10,286$9,389$8,566$7,810$5,154
10 years$10,030$9,066$8,186$7,384$6,655$4,159
11 years$9,026$8,071$7,207$6,426$5,723$3,382
12 years$8,189$7,244$6,396$5,637$4,960$2,767
13 years$7,481$6,547$5,714$4,976$4,325$2,276
14 years$6,876$5,951$5,134$4,417$3,791$1,879
15 years$6,351$5,436$4,636$3,939$3,338$1,556
16 years$5,892$4,988$4,203$3,527$2,950$1,292
17 years$5,488$4,593$3,824$3,169$2,616$1,075
18 years$5,129$4,244$3,491$2,856$2,326$897
19 years$4,809$3,934$3,196$2,581$2,073$748
20 years$4,520$3,655$2,933$2,337$1,852$626
21 years$4,260$3,405$2,698$2,121$1,657$524
22 years$4,023$3,178$2,487$1,929$1,485$438
23 years$3,808$2,973$2,296$1,757$1,333$367
24 years$3,610$2,785$2,123$1,602$1,198$308
25 years$3,429$2,614$1,967$1,463$1,078$258
26 years$3,262$2,457$1,824$1,338$971$217
27 years$3,107$2,312$1,694$1,225$876$182
28 years$2,964$2,178$1,574$1,122$790$153
29 years$2,831$2,055$1,465$1,029$714$128
30 years$2,707$1,941$1,365$944$645$108
31 years$2,592$1,835$1,272$867$583$91
32 years$2,483$1,736$1,187$797$527$76
33 years$2,382$1,644$1,108$733$477$64
34 years$2,287$1,558$1,036$674$432$54
35 years$2,197$1,478$968$621$391$45
36 years$2,112$1,403$906$572$355$38
37 years$2,033$1,332$848$527$321$32
38 years$1,957$1,266$794$486$291$27
39 years$1,886$1,204$744$448$264$23
40 years$1,818$1,146$697$413$240$19
41 years$1,754$1,090$654$381$217$16
42 years$1,693$1,038$613$352$197$13
43 years$1,635$989$575$325$179$11
44 years$1,580$943$540$300$163$10
45 years$1,528$899$507$277$148$8
46 years$1,478$858$476$256$134$7
47 years$1,430$819$448$236$122$6
48 years$1,384$782$421$218$110$5
49 years$1,340$746$395$202$100$4
50 years$1,299$713$372$186$91$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,330,000, adding $2,455 every year, while hoping to spend $24,237 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: 49/31/20 Blend
48$1,330,000$1,330,000$1,330,000$1,330,000
49$1,468,192$1,397,702$1,377,087$1,531,775
50$1,592,160$1,440,402$1,397,432$1,618,841
51$1,727,960$1,484,381$1,417,645$1,710,709
52$1,876,774$1,529,678$1,437,698$1,810,000
53$2,039,902$1,576,329$1,457,559$1,917,424
54$2,218,778$1,624,375$1,477,193$2,033,760
55$2,414,980$1,673,856$1,496,565$2,159,866
56$2,630,245$1,724,813$1,515,638$2,296,687
57$2,866,490$1,777,288$1,534,371$2,445,261
58$3,125,822$1,831,325$1,552,723$2,606,733
59$3,410,565$1,886,969$1,570,648$2,782,363
60$3,723,277$1,944,266$1,588,099$2,973,538
61$4,066,779$2,003,262$1,605,028$3,181,786
62$4,444,175$2,064,007$1,621,381$3,408,789
63$4,858,887$2,126,549$1,637,104$3,656,398
64$5,314,684$2,190,941$1,652,137$3,926,653
65$5,815,719$2,257,233$1,666,421$4,221,802
66$6,366,565$2,325,481$1,679,889$4,544,318
67$6,972,263$2,395,738$1,692,474$4,896,927
68$7,638,367$2,468,062$1,704,104$5,282,631
69$8,370,993$2,542,509$1,714,704$5,704,738
70$9,176,883$2,619,141$1,724,196$6,166,889
71$10,063,463$2,698,017$1,732,494$6,673,098
72$11,038,916$2,779,200$1,739,513$7,227,786
73$12,112,258$2,862,753$1,745,159$7,835,823
74$13,293,424$2,948,743$1,749,337$8,502,574
75$14,593,358$3,037,237$1,751,945$9,233,952
76$16,024,122$3,128,303$1,752,877$10,036,469
77$17,599,004$3,222,012$1,752,020$10,917,301
78$19,332,648$3,318,435$1,749,258$11,884,353
79$21,241,187$3,417,648$1,744,467$12,946,339
80$23,342,401$3,519,725$1,737,519$14,112,854
81$25,655,879$3,624,745$1,728,279$15,394,475
82$28,203,206$3,732,786$1,716,605$16,802,854
83$31,008,170$3,843,929$1,702,348$18,350,832
84$34,096,980$3,958,258$1,685,353$20,052,556
85$37,498,516$4,075,857$1,665,457$21,923,614
86$41,244,604$4,196,813$1,642,489$23,981,186
87$45,370,312$4,321,215$1,616,270$26,244,199
88$49,914,283$4,449,154$1,586,615$28,733,511
89$54,919,100$4,580,722$1,553,326$31,472,105
90$60,431,684$4,716,014$1,516,199$34,485,308
91$66,503,744$4,855,126$1,475,019$37,801,027
92$73,192,257$4,998,159$1,429,563$41,450,015
93$80,560,010$5,145,211$1,379,596$45,466,161
94$88,676,191$5,296,386$1,324,872$49,886,807
95$97,617,042$5,451,789$1,265,136$54,753,105
96$107,466,581$5,611,527$1,200,119$60,110,400
97$118,317,390$5,775,710$1,129,540$66,008,665
98$130,271,492$5,944,447$1,053,107$72,502,965
99$143,441,312$6,117,854$970,515$79,653,981
100$157,950,741$6,296,044$881,442$87,528,584