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

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 $1,390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$114,785$113,762$112,765$111,791$110,841$110,096
2 years$56,824$55,766$54,740$53,746$52,781$52,030
3 years$37,507$36,444$35,421$34,435$33,487$32,752
4 years$27,850$26,790$25,777$24,809$23,883$23,171
5 years$22,057$21,004$20,004$19,056$18,155$17,468
6 years$18,196$17,151$16,166$15,239$14,366$13,704
7 years$15,440$14,403$13,434$12,529$11,683$11,048
8 years$13,374$12,346$11,393$10,510$9,692$9,083
9 years$11,767$10,750$9,813$8,952$8,162$7,578
10 years$10,483$9,475$8,555$7,717$6,955$6,396
11 years$9,433$8,435$7,532$6,716$5,981$5,448
12 years$8,558$7,571$6,684$5,891$5,183$4,674
13 years$7,819$6,842$5,972$5,201$4,520$4,035
14 years$7,186$6,219$5,366$4,617$3,962$3,501
15 years$6,637$5,681$4,845$4,117$3,489$3,050
16 years$6,158$5,213$4,392$3,687$3,083$2,667
17 years$5,736$4,801$3,997$3,312$2,734$2,339
18 years$5,361$4,436$3,649$2,985$2,431$2,056
19 years$5,025$4,111$3,340$2,697$2,167$1,812
20 years$4,724$3,820$3,065$2,443$1,935$1,600
21 years$4,452$3,559$2,820$2,217$1,732$1,416
22 years$4,205$3,322$2,599$2,016$1,552$1,254
23 years$3,979$3,107$2,399$1,836$1,393$1,112
24 years$3,773$2,911$2,219$1,674$1,252$988
25 years$3,584$2,732$2,055$1,529$1,127$878
26 years$3,409$2,567$1,906$1,398$1,015$781
27 years$3,248$2,416$1,770$1,280$915$696
28 years$3,098$2,277$1,646$1,173$826$620
29 years$2,959$2,148$1,531$1,075$746$553
30 years$2,829$2,028$1,426$987$674$493
31 years$2,709$1,918$1,330$906$609$440
32 years$2,595$1,814$1,241$833$551$393
33 years$2,489$1,718$1,158$766$499$351
34 years$2,390$1,628$1,082$705$452$313
35 years$2,296$1,545$1,012$649$409$280
36 years$2,208$1,466$947$597$371$250
37 years$2,124$1,392$886$551$336$224
38 years$2,046$1,323$830$507$304$200
39 years$1,971$1,258$777$468$276$179
40 years$1,900$1,197$729$432$250$160
41 years$1,833$1,140$683$398$227$143
42 years$1,770$1,085$641$367$206$128
43 years$1,709$1,034$601$339$187$115
44 years$1,652$986$565$313$170$103
45 years$1,597$940$530$289$154$92
46 years$1,544$897$498$267$140$83
47 years$1,494$856$468$247$127$74
48 years$1,447$817$440$228$115$66
49 years$1,401$780$413$211$105$59
50 years$1,357$745$388$195$95$53

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 $6,856 every year, while hoping to spend $38,017 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: 77/9/14 Blend
48$1,390,000$1,390,000$1,390,000$1,390,000
49$1,538,852$1,465,182$1,443,637$1,652,365
50$1,655,365$1,496,526$1,451,549$1,759,500
51$1,782,488$1,528,132$1,458,452$1,871,464
52$1,921,264$1,559,972$1,464,272$1,993,184
53$2,072,839$1,592,017$1,468,931$2,125,619
54$2,238,476$1,624,233$1,472,348$2,269,828
55$2,419,566$1,656,586$1,474,437$2,426,972
56$2,617,639$1,689,036$1,475,107$2,598,336
57$2,834,380$1,721,541$1,474,266$2,785,332
58$3,071,647$1,754,056$1,471,813$2,989,515
59$3,331,481$1,786,531$1,467,645$3,212,601
60$3,616,134$1,818,913$1,461,654$3,456,479
61$3,928,084$1,851,144$1,453,723$3,723,229
62$4,270,061$1,883,163$1,443,736$4,015,144
63$4,645,071$1,914,901$1,431,564$4,334,753
64$5,056,425$1,946,288$1,417,078$4,684,837
65$5,507,770$1,977,246$1,400,140$5,068,466
66$6,003,123$2,007,692$1,380,606$5,489,019
67$6,546,910$2,037,537$1,358,324$5,950,221
68$7,144,004$2,066,685$1,333,137$6,456,176
69$7,799,775$2,095,036$1,304,880$7,011,407
70$8,520,137$2,122,478$1,273,379$7,620,898
71$9,311,608$2,148,896$1,238,454$8,290,140
72$10,181,364$2,174,164$1,199,914$9,025,187
73$11,137,315$2,198,150$1,157,563$9,832,707
74$12,188,172$2,220,710$1,111,193$10,720,050
75$13,343,535$2,241,694$1,060,587$11,695,316
76$14,613,978$2,260,940$1,005,519$12,767,429
77$16,011,153$2,278,274$945,752$13,946,226
78$17,547,895$2,293,515$881,040$15,242,547
79$19,238,349$2,306,466$811,123$16,668,338
80$21,098,097$2,316,919$735,732$18,236,761
81$23,144,309$2,324,653$654,585$19,962,326
82$25,395,901$2,329,435$567,387$21,861,019
83$27,873,719$2,331,013$473,830$23,950,460
84$30,600,728$2,329,122$373,593$26,250,065
85$33,602,234$2,323,481$266,341$28,781,233
86$36,906,122$2,313,792$151,723$31,567,546
87$40,543,115$2,299,736$29,374$34,634,991
88$44,547,066$2,280,977$0$38,012,208
89$48,955,281$2,257,158$0$41,745,877
90$53,808,862$2,227,901$0$45,861,329
91$59,153,103$2,192,806$0$50,392,566
92$65,037,912$2,151,446$0$55,381,898
93$71,518,284$2,103,372$0$60,875,948
94$78,654,820$2,048,107$0$66,926,090
95$86,514,294$1,985,148$0$73,588,940
96$95,170,290$1,913,958$0$80,926,884
97$104,703,892$1,833,974$0$89,008,672
98$115,204,447$1,744,597$0$97,910,063
99$126,770,413$1,645,194$0$107,714,541
100$139,510,283$1,535,097$0$118,514,104