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

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$115,611$114,581$113,576$112,596$111,638$108,851
2 years$57,233$56,167$55,134$54,132$53,161$50,371
3 years$37,776$36,706$35,675$34,683$33,727$31,021
4 years$28,050$26,983$25,963$24,987$24,055$21,453
5 years$22,216$21,155$20,148$19,193$18,286$15,797
6 years$18,327$17,274$16,283$15,349$14,469$12,094
7 years$15,551$14,507$13,531$12,619$11,767$9,507
8 years$13,470$12,435$11,475$10,586$9,762$7,616
9 years$11,852$10,827$9,884$9,017$8,221$6,187
10 years$10,558$9,544$8,617$7,772$7,005$5,080
11 years$9,501$8,496$7,586$6,764$6,024$4,207
12 years$8,620$7,626$6,732$5,933$5,221$3,507
13 years$7,875$6,891$6,015$5,238$4,552$2,939
14 years$7,237$6,264$5,405$4,650$3,991$2,474
15 years$6,685$5,722$4,880$4,147$3,514$2,090
16 years$6,203$5,250$4,424$3,713$3,105$1,771
17 years$5,777$4,835$4,026$3,336$2,753$1,504
18 years$5,399$4,468$3,675$3,007$2,448$1,280
19 years$5,062$4,141$3,364$2,717$2,182$1,092
20 years$4,758$3,848$3,088$2,460$1,949$932
21 years$4,484$3,584$2,840$2,233$1,744$797
22 years$4,235$3,346$2,617$2,030$1,563$682
23 years$4,008$3,129$2,417$1,849$1,403$584
24 years$3,800$2,932$2,235$1,686$1,261$501
25 years$3,609$2,751$2,070$1,540$1,135$430
26 years$3,434$2,586$1,920$1,408$1,022$369
27 years$3,271$2,434$1,783$1,289$922$317
28 years$3,120$2,293$1,657$1,181$832$272
29 years$2,980$2,163$1,542$1,083$751$234
30 years$2,850$2,043$1,437$994$679$201
31 years$2,728$1,931$1,339$913$614$173
32 years$2,614$1,827$1,250$839$555$149
33 years$2,507$1,731$1,167$771$502$128
34 years$2,407$1,640$1,090$710$455$110
35 years$2,312$1,556$1,019$653$412$95
36 years$2,224$1,477$953$602$373$82
37 years$2,140$1,402$892$554$338$70
38 years$2,060$1,333$836$511$307$60
39 years$1,985$1,267$783$471$278$52
40 years$1,914$1,206$734$435$252$45
41 years$1,847$1,148$688$401$229$39
42 years$1,782$1,093$646$370$208$33
43 years$1,721$1,042$606$342$188$29
44 years$1,663$993$569$315$171$25
45 years$1,608$947$534$291$155$21
46 years$1,555$903$501$269$141$18
47 years$1,505$862$471$249$128$16
48 years$1,457$823$443$230$116$14
49 years$1,411$786$416$212$106$12
50 years$1,367$751$391$196$96$10

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 $5,205 every year, while hoping to spend $46,531 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: 68/7/25 Blend
48$1,400,000$1,400,000$1,400,000$1,400,000
49$1,548,169$1,473,969$1,452,269$1,643,164
50$1,656,574$1,496,685$1,451,411$1,730,298
51$1,774,476$1,518,954$1,448,965$1,819,779
52$1,902,796$1,540,706$1,444,829$1,916,596
53$2,042,545$1,561,865$1,438,895$2,021,474
54$2,194,837$1,582,348$1,431,050$2,135,211
55$2,360,897$1,602,070$1,421,177$2,258,691
56$2,542,074$1,620,937$1,409,152$2,392,884
57$2,739,853$1,638,850$1,394,846$2,538,863
58$2,955,867$1,655,704$1,378,123$2,697,809
59$3,191,916$1,671,384$1,358,841$2,871,027
60$3,449,981$1,685,771$1,336,851$3,059,952
61$3,732,242$1,698,736$1,311,998$3,266,171
62$4,041,100$1,710,144$1,284,119$3,491,429
63$4,379,198$1,719,847$1,253,044$3,737,653
64$4,749,449$1,727,692$1,218,593$4,006,968
65$5,155,057$1,733,514$1,180,581$4,301,717
66$5,599,555$1,737,138$1,138,812$4,624,481
67$6,086,830$1,738,377$1,093,082$4,978,109
68$6,621,164$1,737,036$1,043,178$5,365,740
69$7,207,275$1,732,903$988,877$5,790,836
70$7,850,359$1,725,757$929,946$6,257,214
71$8,556,136$1,715,360$866,140$6,769,082
72$9,330,913$1,701,463$797,206$7,331,079
73$10,181,630$1,683,799$722,877$7,948,322
74$11,115,939$1,662,087$642,876$8,626,449
75$12,142,264$1,636,029$556,911$9,371,677
76$13,269,887$1,605,307$464,681$10,190,863
77$14,509,036$1,569,587$365,867$11,091,561
78$15,870,975$1,528,514$260,141$12,082,102
79$17,368,115$1,481,712$147,156$13,171,672
80$19,014,129$1,428,783$26,553$14,370,393
81$20,824,083$1,369,306$0$15,689,427
82$22,814,574$1,302,835$0$17,168,327
83$25,003,887$1,228,901$0$18,802,736
84$27,412,170$1,147,004$0$20,600,624
85$30,061,621$1,056,617$0$22,578,587
86$32,976,699$957,184$0$24,754,910
87$36,184,352$848,115$0$27,149,743
88$39,714,272$728,789$0$29,785,292
89$43,599,177$598,549$0$32,686,022
90$47,875,114$456,699$0$35,878,896
91$52,581,804$302,506$0$39,393,624
92$57,763,015$135,196$0$43,262,945
93$63,466,973$0$0$47,522,937
94$69,746,816$0$0$52,216,903
95$76,661,099$0$0$57,396,660
96$84,274,342$0$0$63,100,142
97$92,657,641$0$0$69,380,622
98$101,889,336$0$0$76,296,807
99$112,055,755$0$0$83,913,382
100$123,252,019$0$0$92,301,628