Can I retire at age 49 with 1,350,000?

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$111,482$110,489$109,520$108,574$107,651$105,434
2 years$55,189$54,161$53,165$52,199$51,262$49,039
3 years$36,427$35,395$34,401$33,445$32,523$30,363
4 years$27,048$26,019$25,035$24,095$23,196$21,115
5 years$21,422$20,399$19,428$18,507$17,633$15,638
6 years$17,673$16,657$15,701$14,800$13,952$12,044
7 years$14,996$13,989$13,048$12,168$11,347$9,527
8 years$12,989$11,991$11,065$10,208$9,413$7,681
9 years$11,429$10,440$9,531$8,695$7,927$6,281
10 years$10,181$9,203$8,309$7,495$6,755$5,193
11 years$9,161$8,193$7,315$6,523$5,809$4,330
12 years$8,312$7,353$6,492$5,721$5,034$3,635
13 years$7,594$6,645$5,800$5,051$4,390$3,069
14 years$6,979$6,040$5,211$4,484$3,848$2,603
15 years$6,446$5,518$4,705$3,999$3,388$2,216
16 years$5,981$5,063$4,266$3,580$2,994$1,892
17 years$5,571$4,662$3,882$3,217$2,655$1,620
18 years$5,206$4,308$3,544$2,899$2,361$1,390
19 years$4,881$3,993$3,244$2,620$2,104$1,195
20 years$4,588$3,710$2,977$2,373$1,880$1,029
21 years$4,324$3,456$2,738$2,153$1,682$887
22 years$4,084$3,226$2,524$1,958$1,508$766
23 years$3,865$3,017$2,330$1,783$1,353$662
24 years$3,665$2,827$2,155$1,626$1,216$572
25 years$3,481$2,653$1,996$1,485$1,095$495
26 years$3,311$2,493$1,851$1,358$986$429
27 years$3,154$2,347$1,719$1,243$889$372
28 years$3,009$2,211$1,598$1,139$802$322
29 years$2,874$2,086$1,487$1,044$724$280
30 years$2,748$1,970$1,385$958$654$243
31 years$2,631$1,862$1,291$880$592$210
32 years$2,521$1,762$1,205$809$535$183
33 years$2,418$1,669$1,125$744$484$159
34 years$2,321$1,582$1,051$684$439$138
35 years$2,230$1,500$983$630$397$120
36 years$2,144$1,424$919$580$360$104
37 years$2,063$1,352$861$535$326$90
38 years$1,987$1,285$806$493$296$78
39 years$1,914$1,222$755$454$268$68
40 years$1,846$1,163$708$419$243$59
41 years$1,781$1,107$664$387$221$52
42 years$1,719$1,054$622$357$200$45
43 years$1,660$1,004$584$329$182$39
44 years$1,604$957$548$304$165$34
45 years$1,551$913$515$281$150$29
46 years$1,500$871$484$259$136$26
47 years$1,451$831$454$240$123$22
48 years$1,405$793$427$222$112$19
49 years$1,361$758$401$205$102$17
50 years$1,318$724$377$189$92$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,350,000, adding $5,941 every year, while hoping to spend $51,601 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: 82/11/7 Blend
48$1,350,000$1,350,000$1,350,000$1,350,000
49$1,493,828$1,422,278$1,401,353$1,614,820
50$1,591,296$1,437,067$1,393,395$1,709,603
51$1,696,975$1,450,850$1,383,442$1,806,128
52$1,811,650$1,463,526$1,371,371$1,910,505
53$1,936,182$1,474,982$1,357,055$2,023,492
54$2,071,518$1,485,101$1,340,362$2,145,920
55$2,218,700$1,493,759$1,321,151$2,278,708
56$2,378,876$1,500,821$1,299,278$2,422,866
57$2,553,306$1,506,146$1,274,588$2,579,507
58$2,743,379$1,509,583$1,246,923$2,749,856
59$2,950,623$1,510,972$1,216,114$2,935,264
60$3,176,720$1,510,143$1,181,988$3,137,218
61$3,423,520$1,506,915$1,144,359$3,357,358
62$3,693,062$1,501,096$1,103,038$3,597,488
63$3,987,587$1,492,483$1,057,822$3,859,597
64$4,309,566$1,480,860$1,008,504$4,145,877
65$4,661,717$1,465,997$954,864$4,458,743
66$5,047,033$1,447,652$896,674$4,800,856
67$5,468,811$1,425,568$833,693$5,175,146
68$5,930,680$1,399,471$765,672$5,584,845
69$6,436,638$1,369,073$692,350$6,033,512
70$6,991,085$1,334,068$613,454$6,525,071
71$7,598,871$1,294,132$528,700$7,063,845
72$8,265,333$1,248,922$437,789$7,654,596
73$8,996,353$1,198,075$340,410$8,302,575
74$9,798,408$1,141,208$236,241$9,013,568
75$10,678,631$1,077,913$124,941$9,793,951
76$11,644,882$1,007,761$6,157$10,650,749
77$12,705,817$930,299$0$11,591,706
78$13,870,972$845,045$0$12,634,365
79$15,150,852$751,492$0$13,780,199
80$16,557,028$649,105$0$15,039,142
81$18,102,248$537,314$0$16,422,649
82$19,800,558$415,523$0$17,943,343
83$21,667,430$283,099$0$19,615,131
84$23,719,910$139,373$0$21,453,341
85$25,976,779$0$0$23,474,862
86$28,458,727$0$0$25,700,286
87$31,188,552$0$0$28,166,557
88$34,191,371$0$0$30,879,499
89$37,494,858$0$0$33,864,120
90$41,129,503$0$0$37,147,972
91$45,128,902$0$0$40,761,413
92$49,530,072$0$0$44,737,892
93$54,373,799$0$0$49,114,264
94$59,705,023$0$0$53,931,139
95$65,573,263$0$0$59,233,263
96$72,033,080$0$0$65,069,940
97$79,144,597$0$0$71,495,496
98$86,974,058$0$0$78,569,795
99$95,594,461$0$0$86,358,797
100$105,086,240$0$0$94,935,187