Can I retire at age 49 with 1,400,000?

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$115,611$114,581$113,576$112,596$111,638$107,251
2 years$57,233$56,167$55,134$54,132$53,161$48,795
3 years$37,776$36,706$35,675$34,683$33,727$29,520
4 years$28,050$26,983$25,963$24,987$24,055$20,037
5 years$22,216$21,155$20,148$19,193$18,286$14,469
6 years$18,327$17,274$16,283$15,349$14,469$10,855
7 years$15,551$14,507$13,531$12,619$11,767$8,355
8 years$13,470$12,435$11,475$10,586$9,762$6,549
9 years$11,852$10,827$9,884$9,017$8,221$5,201
10 years$10,558$9,544$8,617$7,772$7,005$4,173
11 years$9,501$8,496$7,586$6,764$6,024$3,373
12 years$8,620$7,626$6,732$5,933$5,221$2,744
13 years$7,875$6,891$6,015$5,238$4,552$2,242
14 years$7,237$6,264$5,405$4,650$3,991$1,840
15 years$6,685$5,722$4,880$4,147$3,514$1,514
16 years$6,203$5,250$4,424$3,713$3,105$1,249
17 years$5,777$4,835$4,026$3,336$2,753$1,033
18 years$5,399$4,468$3,675$3,007$2,448$855
19 years$5,062$4,141$3,364$2,717$2,182$709
20 years$4,758$3,848$3,088$2,460$1,949$589
21 years$4,484$3,584$2,840$2,233$1,744$489
22 years$4,235$3,346$2,617$2,030$1,563$407
23 years$4,008$3,129$2,417$1,849$1,403$338
24 years$3,800$2,932$2,235$1,686$1,261$282
25 years$3,609$2,751$2,070$1,540$1,135$235
26 years$3,434$2,586$1,920$1,408$1,022$196
27 years$3,271$2,434$1,783$1,289$922$163
28 years$3,120$2,293$1,657$1,181$832$136
29 years$2,980$2,163$1,542$1,083$751$113
30 years$2,850$2,043$1,437$994$679$94
31 years$2,728$1,931$1,339$913$614$79
32 years$2,614$1,827$1,250$839$555$66
33 years$2,507$1,731$1,167$771$502$55
34 years$2,407$1,640$1,090$710$455$46
35 years$2,312$1,556$1,019$653$412$38
36 years$2,224$1,477$953$602$373$32
37 years$2,140$1,402$892$554$338$27
38 years$2,060$1,333$836$511$307$22
39 years$1,985$1,267$783$471$278$19
40 years$1,914$1,206$734$435$252$15
41 years$1,847$1,148$688$401$229$13
42 years$1,782$1,093$646$370$208$11
43 years$1,721$1,042$606$342$188$9
44 years$1,663$993$569$315$171$8
45 years$1,608$947$534$291$155$6
46 years$1,555$903$501$269$141$5
47 years$1,505$862$471$249$128$4
48 years$1,457$823$443$230$116$4
49 years$1,411$786$416$212$106$3
50 years$1,367$751$391$196$96$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,400,000, adding $5,747 every year, while hoping to spend $25,431 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: 45/45/10 Blend
48$1,400,000$1,400,000$1,400,000$1,400,000
49$1,548,728$1,474,528$1,452,828$1,613,792
50$1,679,640$1,519,722$1,474,439$1,704,631
51$1,823,052$1,566,277$1,495,922$1,800,006
52$1,980,214$1,614,235$1,517,246$1,902,848
53$2,152,499$1,663,636$1,538,377$2,013,852
54$2,341,422$1,714,521$1,559,280$2,133,786
55$2,548,649$1,766,936$1,579,919$2,263,495
56$2,776,019$1,820,923$1,600,254$2,403,905
57$3,025,554$1,876,529$1,620,243$2,556,037
58$3,299,482$1,933,801$1,639,843$2,721,014
59$3,600,259$1,992,787$1,659,007$2,900,072
60$3,930,588$2,053,536$1,677,687$3,094,570
61$4,293,449$2,116,100$1,695,830$3,306,004
62$4,692,122$2,180,530$1,713,382$3,536,020
63$5,130,223$2,246,881$1,730,285$3,786,430
64$5,611,736$2,315,208$1,746,479$4,059,230
65$6,141,046$2,385,567$1,761,899$4,356,616
66$6,722,989$2,458,016$1,776,479$4,681,005
67$7,362,890$2,532,615$1,790,148$5,035,059
68$8,066,618$2,609,425$1,802,830$5,421,709
69$8,840,635$2,688,510$1,814,448$5,844,183
70$9,692,066$2,769,933$1,824,918$6,306,035
71$10,628,759$2,853,761$1,834,154$6,811,180
72$11,659,359$2,940,062$1,842,065$7,363,927
73$12,793,393$3,028,905$1,848,554$7,969,024
74$14,041,360$3,120,363$1,853,522$8,631,700
75$15,414,826$3,214,507$1,856,861$9,357,716
76$16,926,534$3,311,414$1,858,462$10,153,414
77$18,590,527$3,411,160$1,858,207$11,025,783
78$20,422,279$3,513,825$1,855,975$11,982,522
79$22,438,838$3,619,488$1,851,637$13,032,108
80$24,658,991$3,728,235$1,845,058$14,183,885
81$27,103,438$3,840,148$1,836,098$15,448,143
82$29,794,989$3,955,317$1,824,608$16,836,221
83$32,758,780$4,073,829$1,810,434$18,360,607
84$36,022,505$4,195,776$1,793,413$20,035,063
85$39,616,683$4,321,252$1,773,375$21,874,751
86$43,574,944$4,450,352$1,750,142$23,896,373
87$47,934,345$4,583,176$1,723,528$26,118,334
88$52,735,719$4,719,822$1,693,337$28,560,911
89$58,024,063$4,860,395$1,659,365$31,246,444
90$63,848,962$5,004,998$1,621,398$34,199,551
91$70,265,053$5,153,740$1,579,212$37,447,355
92$77,332,545$5,306,730$1,532,573$41,019,740
93$85,117,787$5,464,082$1,481,235$44,949,637
94$93,693,888$5,625,909$1,424,944$49,273,329
95$103,141,416$5,792,330$1,363,431$54,030,797
96$113,549,150$5,963,464$1,296,415$59,266,096
97$125,014,923$6,139,433$1,223,605$65,027,767
98$137,646,544$6,320,364$1,144,694$71,369,302
99$151,562,812$6,506,383$1,059,363$78,349,640
100$166,894,645$6,697,622$967,277$86,033,731