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%15.4%
1 years$115,611$114,581$113,576$112,596$111,638$109,161
2 years$57,233$56,167$55,134$54,132$53,161$50,678
3 years$37,776$36,706$35,675$34,683$33,727$31,317
4 years$28,050$26,983$25,963$24,987$24,055$21,734
5 years$22,216$21,155$20,148$19,193$18,286$16,063
6 years$18,327$17,274$16,283$15,349$14,469$12,345
7 years$15,551$14,507$13,531$12,619$11,767$9,743
8 years$13,470$12,435$11,475$10,586$9,762$7,837
9 years$11,852$10,827$9,884$9,017$8,221$6,393
10 years$10,558$9,544$8,617$7,772$7,005$5,272
11 years$9,501$8,496$7,586$6,764$6,024$4,385
12 years$8,620$7,626$6,732$5,933$5,221$3,672
13 years$7,875$6,891$6,015$5,238$4,552$3,092
14 years$7,237$6,264$5,405$4,650$3,991$2,615
15 years$6,685$5,722$4,880$4,147$3,514$2,220
16 years$6,203$5,250$4,424$3,713$3,105$1,891
17 years$5,777$4,835$4,026$3,336$2,753$1,614
18 years$5,399$4,468$3,675$3,007$2,448$1,381
19 years$5,062$4,141$3,364$2,717$2,182$1,184
20 years$4,758$3,848$3,088$2,460$1,949$1,016
21 years$4,484$3,584$2,840$2,233$1,744$874
22 years$4,235$3,346$2,617$2,030$1,563$752
23 years$4,008$3,129$2,417$1,849$1,403$648
24 years$3,800$2,932$2,235$1,686$1,261$558
25 years$3,609$2,751$2,070$1,540$1,135$482
26 years$3,434$2,586$1,920$1,408$1,022$416
27 years$3,271$2,434$1,783$1,289$922$359
28 years$3,120$2,293$1,657$1,181$832$310
29 years$2,980$2,163$1,542$1,083$751$268
30 years$2,850$2,043$1,437$994$679$232
31 years$2,728$1,931$1,339$913$614$201
32 years$2,614$1,827$1,250$839$555$174
33 years$2,507$1,731$1,167$771$502$150
34 years$2,407$1,640$1,090$710$455$130
35 years$2,312$1,556$1,019$653$412$113
36 years$2,224$1,477$953$602$373$97
37 years$2,140$1,402$892$554$338$84
38 years$2,060$1,333$836$511$307$73
39 years$1,985$1,267$783$471$278$63
40 years$1,914$1,206$734$435$252$55
41 years$1,847$1,148$688$401$229$47
42 years$1,782$1,093$646$370$208$41
43 years$1,721$1,042$606$342$188$36
44 years$1,663$993$569$315$171$31
45 years$1,608$947$534$291$155$27
46 years$1,555$903$501$269$141$23
47 years$1,505$862$471$249$128$20
48 years$1,457$823$443$230$116$17
49 years$1,411$786$416$212$106$15
50 years$1,367$751$391$196$96$13

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 $3,319 every year, while hoping to spend $35,698 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: 42/37/21 Blend
48$1,400,000$1,400,000$1,400,000$1,400,000
49$1,546,224$1,472,024$1,450,324$1,601,529
50$1,665,956$1,506,170$1,460,927$1,675,316
51$1,796,705$1,540,794$1,470,689$1,751,470
52$1,939,556$1,575,880$1,479,544$1,833,211
53$2,095,704$1,611,412$1,487,423$1,921,071
54$2,266,467$1,647,372$1,494,253$2,015,635
55$2,453,293$1,683,740$1,499,957$2,117,551
56$2,657,778$1,720,492$1,504,454$2,227,531
57$2,881,680$1,757,604$1,507,662$2,346,360
58$3,126,933$1,795,049$1,509,490$2,474,904
59$3,395,668$1,832,794$1,509,846$2,614,118
60$3,690,233$1,870,808$1,508,633$2,765,052
61$4,013,212$1,909,052$1,505,747$2,928,868
62$4,367,451$1,947,488$1,501,082$3,106,845
63$4,756,088$1,986,071$1,494,524$3,300,391
64$5,182,574$2,024,755$1,485,956$3,511,063
65$5,650,716$2,063,486$1,475,255$3,740,573
66$6,164,702$2,102,211$1,462,289$3,990,812
67$6,729,150$2,140,867$1,446,924$4,263,864
68$7,349,145$2,179,391$1,429,018$4,562,026
69$8,030,288$2,217,712$1,408,420$4,887,832
70$8,778,751$2,255,753$1,384,976$5,244,074
71$9,601,333$2,293,434$1,358,521$5,633,832
72$10,505,523$2,330,667$1,328,886$6,060,503
73$11,499,573$2,367,356$1,295,891$6,527,829
74$12,592,575$2,403,402$1,259,348$7,039,940
75$13,794,544$2,438,695$1,219,063$7,601,386
76$15,116,516$2,473,120$1,174,831$8,217,185
77$16,570,650$2,506,552$1,126,437$8,892,871
78$18,170,341$2,538,858$1,073,657$9,634,544
79$19,930,350$2,569,896$1,016,258$10,448,930
80$21,866,938$2,599,514$953,996$11,343,443
81$23,998,025$2,627,549$886,614$12,326,258
82$26,343,353$2,653,828$813,845$13,406,389
83$28,924,677$2,678,168$735,411$14,593,773
84$31,765,966$2,700,371$651,019$15,899,363
85$34,893,633$2,720,227$560,367$17,335,238
86$38,336,779$2,737,513$463,134$18,914,711
87$42,127,472$2,751,993$358,991$20,652,461
88$46,301,046$2,763,413$247,589$22,564,669
89$50,896,437$2,771,504$128,568$24,669,173
90$55,956,548$2,775,982$1,548$26,985,637
91$61,528,652$2,776,542$0$29,535,740
92$67,664,845$2,772,862$0$32,373,404
93$74,422,527$2,764,601$0$35,497,267
94$81,864,953$2,751,394$0$38,936,117
95$90,061,824$2,732,858$0$42,722,064
96$99,089,944$2,708,582$0$46,890,497
97$109,033,950$2,678,134$0$51,480,421
98$119,987,105$2,641,054$0$56,534,821
99$132,052,179$2,596,856$0$62,101,075
100$145,342,423$2,545,023$0$68,231,399