Can I retire at age 49 with 1,390,000?

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 $1,390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$114,785$113,762$112,765$111,791$110,841$108,161
2 years$56,824$55,766$54,740$53,746$52,781$50,098
3 years$37,507$36,444$35,421$34,435$33,487$30,883
4 years$27,850$26,790$25,777$24,809$23,883$21,379
5 years$22,057$21,004$20,004$19,056$18,155$15,759
6 years$18,196$17,151$16,166$15,239$14,366$12,078
7 years$15,440$14,403$13,434$12,529$11,683$9,506
8 years$13,374$12,346$11,393$10,510$9,692$7,623
9 years$11,767$10,750$9,813$8,952$8,162$6,201
10 years$10,483$9,475$8,555$7,717$6,955$5,098
11 years$9,433$8,435$7,532$6,716$5,981$4,227
12 years$8,558$7,571$6,684$5,891$5,183$3,528
13 years$7,819$6,842$5,972$5,201$4,520$2,960
14 years$7,186$6,219$5,366$4,617$3,962$2,495
15 years$6,637$5,681$4,845$4,117$3,489$2,111
16 years$6,158$5,213$4,392$3,687$3,083$1,791
17 years$5,736$4,801$3,997$3,312$2,734$1,524
18 years$5,361$4,436$3,649$2,985$2,431$1,299
19 years$5,025$4,111$3,340$2,697$2,167$1,109
20 years$4,724$3,820$3,065$2,443$1,935$949
21 years$4,452$3,559$2,820$2,217$1,732$812
22 years$4,205$3,322$2,599$2,016$1,552$696
23 years$3,979$3,107$2,399$1,836$1,393$598
24 years$3,773$2,911$2,219$1,674$1,252$513
25 years$3,584$2,732$2,055$1,529$1,127$441
26 years$3,409$2,567$1,906$1,398$1,015$379
27 years$3,248$2,416$1,770$1,280$915$326
28 years$3,098$2,277$1,646$1,173$826$281
29 years$2,959$2,148$1,531$1,075$746$242
30 years$2,829$2,028$1,426$987$674$208
31 years$2,709$1,918$1,330$906$609$179
32 years$2,595$1,814$1,241$833$551$154
33 years$2,489$1,718$1,158$766$499$133
34 years$2,390$1,628$1,082$705$452$115
35 years$2,296$1,545$1,012$649$409$99
36 years$2,208$1,466$947$597$371$85
37 years$2,124$1,392$886$551$336$73
38 years$2,046$1,323$830$507$304$63
39 years$1,971$1,258$777$468$276$55
40 years$1,900$1,197$729$432$250$47
41 years$1,833$1,140$683$398$227$41
42 years$1,770$1,085$641$367$206$35
43 years$1,709$1,034$601$339$187$30
44 years$1,652$986$565$313$170$26
45 years$1,597$940$530$289$154$23
46 years$1,544$897$498$267$140$19
47 years$1,494$856$468$247$127$17
48 years$1,447$817$440$228$115$14
49 years$1,401$780$413$211$105$12
50 years$1,357$745$388$195$95$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,390,000, adding $5,272 every year, while hoping to spend $45,493 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: 61/28/11 Blend
48$1,390,000$1,390,000$1,390,000$1,390,000
49$1,537,218$1,463,548$1,442,003$1,626,723
50$1,645,610$1,486,858$1,441,906$1,710,709
51$1,763,533$1,509,785$1,440,281$1,796,650
52$1,891,912$1,532,263$1,437,029$1,889,307
53$2,031,763$1,554,219$1,432,045$1,989,329
54$2,184,206$1,575,579$1,425,221$2,097,435
55$2,350,471$1,596,259$1,416,443$2,214,416
56$2,531,915$1,616,171$1,405,589$2,341,143
57$2,730,030$1,635,223$1,392,536$2,478,578
58$2,946,458$1,653,314$1,377,151$2,627,780
59$3,183,007$1,670,337$1,359,296$2,789,919
60$3,441,669$1,686,179$1,338,828$2,966,284
61$3,724,636$1,700,718$1,315,595$3,158,294
62$4,034,320$1,713,825$1,289,439$3,367,517
63$4,373,380$1,725,361$1,260,194$3,595,680
64$4,744,742$1,735,181$1,227,688$3,844,687
65$5,151,629$1,743,129$1,191,739$4,116,640
66$5,597,591$1,749,038$1,152,158$4,413,854
67$6,086,537$1,752,732$1,108,747$4,738,882
68$6,622,772$1,754,024$1,061,298$5,094,541
69$7,211,038$1,752,714$1,009,595$5,483,934
70$7,856,558$1,748,592$953,411$5,910,487
71$8,565,087$1,741,433$892,510$6,377,974
72$9,342,961$1,730,998$826,644$6,890,556
73$10,197,161$1,717,035$755,555$7,452,824
74$11,135,379$1,699,277$678,973$8,069,838
75$12,166,085$1,677,439$596,616$8,747,178
76$13,298,612$1,651,220$508,189$9,490,995
77$14,543,242$1,620,301$413,385$10,308,073
78$15,911,301$1,584,345$311,882$11,205,890
79$17,415,270$1,542,993$203,346$12,192,692
80$19,068,894$1,495,867$87,425$13,277,570
81$20,887,323$1,442,566$0$14,470,547
82$22,887,243$1,382,665$0$15,786,931
83$25,087,042$1,315,716$0$17,245,876
84$27,506,977$1,241,243$0$18,850,586
85$30,169,369$1,158,744$0$20,615,918
86$33,098,811$1,067,688$0$22,558,249
87$36,322,398$967,514$0$24,695,627
88$39,869,988$857,627$0$27,047,948
89$43,774,478$737,401$0$29,637,143
90$48,072,114$606,174$0$32,487,382
91$52,802,838$463,244$0$35,625,308
92$58,010,657$307,873$0$39,080,287
93$63,744,065$139,280$0$42,884,688
94$70,056,494$0$0$47,074,188
95$77,006,823$0$0$51,701,468
96$84,659,930$0$0$56,844,021
97$93,087,303$0$0$62,506,989
98$102,367,719$0$0$68,743,322
99$112,587,980$0$0$75,611,372
100$123,843,739$0$0$83,175,434