Can I retire at age 49 with 1,380,000?

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$113,959$112,944$111,954$110,987$110,043$106,054
2 years$56,415$55,365$54,346$53,359$52,401$48,427
3 years$37,237$36,181$35,166$34,188$33,246$29,410
4 years$27,649$26,597$25,592$24,630$23,711$20,043
5 years$21,898$20,853$19,860$18,918$18,025$14,535
6 years$18,065$17,028$16,050$15,129$14,262$10,953
7 years$15,329$14,300$13,338$12,439$11,599$8,469
8 years$13,277$12,258$11,311$10,434$9,623$6,669
9 years$11,683$10,672$9,742$8,888$8,104$5,323
10 years$10,407$9,407$8,494$7,661$6,905$4,292
11 years$9,365$8,375$7,478$6,668$5,938$3,488
12 years$8,497$7,517$6,636$5,848$5,146$2,852
13 years$7,763$6,793$5,929$5,163$4,487$2,344
14 years$7,134$6,175$5,327$4,583$3,934$1,934
15 years$6,590$5,641$4,810$4,088$3,463$1,601
16 years$6,114$5,175$4,361$3,660$3,061$1,328
17 years$5,695$4,766$3,968$3,288$2,714$1,104
18 years$5,322$4,404$3,622$2,964$2,413$920
19 years$4,989$4,082$3,316$2,678$2,151$768
20 years$4,690$3,793$3,043$2,425$1,921$641
21 years$4,420$3,533$2,799$2,201$1,719$536
22 years$4,174$3,298$2,580$2,001$1,541$449
23 years$3,951$3,084$2,382$1,823$1,383$376
24 years$3,746$2,890$2,203$1,662$1,243$315
25 years$3,558$2,712$2,041$1,518$1,119$264
26 years$3,384$2,549$1,893$1,388$1,008$221
27 years$3,224$2,399$1,757$1,271$909$186
28 years$3,076$2,260$1,634$1,164$820$156
29 years$2,938$2,132$1,520$1,068$740$131
30 years$2,809$2,014$1,416$980$669$110
31 years$2,689$1,904$1,320$900$605$92
32 years$2,577$1,801$1,232$827$547$77
33 years$2,471$1,706$1,150$760$495$65
34 years$2,372$1,617$1,075$700$448$55
35 years$2,279$1,533$1,005$644$406$46
36 years$2,192$1,455$940$593$368$38
37 years$2,109$1,382$880$547$333$32
38 years$2,031$1,314$824$504$302$27
39 years$1,957$1,249$772$464$274$23
40 years$1,887$1,189$723$428$249$19
41 years$1,820$1,131$678$395$226$16
42 years$1,757$1,078$636$365$205$14
43 years$1,697$1,027$597$337$186$11
44 years$1,640$979$560$311$169$10
45 years$1,585$933$526$287$153$8
46 years$1,533$890$494$265$139$7
47 years$1,484$850$464$245$126$6
48 years$1,436$811$436$226$115$5
49 years$1,391$774$410$209$104$4
50 years$1,347$740$386$193$95$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,380,000, adding $5,570 every year, while hoping to spend $30,636 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: 38/50/12 Blend
48$1,380,000$1,380,000$1,380,000$1,380,000
49$1,526,505$1,453,365$1,431,975$1,578,737
50$1,649,613$1,491,984$1,447,350$1,655,031
51$1,784,250$1,531,468$1,462,213$1,734,033
52$1,931,561$1,571,827$1,476,515$1,818,735
53$2,092,805$1,613,072$1,490,203$1,909,661
54$2,269,370$1,655,211$1,503,223$2,007,392
55$2,462,781$1,698,252$1,515,517$2,112,563
56$2,674,721$1,742,203$1,527,024$2,225,875
57$2,907,043$1,787,071$1,537,679$2,348,100
58$3,161,786$1,832,862$1,547,415$2,480,086
59$3,441,196$1,879,580$1,556,162$2,622,770
60$3,747,749$1,927,231$1,563,844$2,777,178
61$4,084,170$1,975,816$1,570,384$2,944,446
62$4,453,462$2,025,337$1,575,698$3,125,821
63$4,858,932$2,075,795$1,579,701$3,322,678
64$5,304,223$2,127,189$1,582,301$3,536,530
65$5,793,349$2,179,517$1,583,403$3,769,045
66$6,330,730$2,232,773$1,582,907$4,022,061
67$6,921,239$2,286,952$1,580,708$4,297,599
68$7,570,239$2,342,047$1,576,696$4,597,891
69$8,283,642$2,398,047$1,570,755$4,925,392
70$9,067,963$2,454,940$1,562,763$5,282,808
71$9,930,374$2,512,711$1,552,595$5,673,119
72$10,878,782$2,571,343$1,540,117$6,099,613
73$11,921,896$2,630,818$1,525,189$6,565,907
74$13,069,312$2,691,111$1,507,666$7,075,990
75$14,331,604$2,752,197$1,487,394$7,634,258
76$15,720,419$2,814,046$1,464,214$8,245,554
77$17,248,594$2,876,627$1,437,957$8,915,214
78$18,930,271$2,939,901$1,408,449$9,649,121
79$20,781,032$3,003,830$1,375,505$10,453,755
80$22,818,046$3,068,366$1,338,934$11,336,258
81$25,060,232$3,133,462$1,298,533$12,304,504
82$27,528,436$3,199,062$1,254,094$13,367,165
83$30,245,626$3,265,106$1,205,397$14,533,803
84$33,237,113$3,331,529$1,152,210$15,814,953
85$36,530,784$3,398,259$1,094,294$17,222,226
86$40,157,369$3,465,219$1,031,398$18,768,419
87$44,150,729$3,532,323$963,259$20,467,635
88$48,548,178$3,599,481$889,603$22,335,418
89$53,390,830$3,666,594$810,142$24,388,897
90$58,723,990$3,733,553$724,578$26,646,951
91$64,597,583$3,800,242$632,597$29,130,387
92$71,066,620$3,866,538$533,872$31,862,136
93$78,191,722$3,932,305$428,063$34,867,470
94$86,039,688$3,997,398$314,813$38,174,242
95$94,684,127$4,061,661$193,751$41,813,150
96$104,206,153$4,124,927$64,486$45,818,024
97$114,695,149$4,187,018$0$50,226,152
98$126,249,612$4,247,740$0$55,088,031
99$138,978,081$4,306,887$0$60,448,969
100$153,000,160$4,364,239$0$66,350,670