Can I retire at age 49 with 1,410,000?

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$116,436$115,399$114,387$113,400$112,435$109,584
2 years$57,642$56,568$55,528$54,519$53,541$50,686
3 years$38,046$36,968$35,930$34,931$33,968$31,201
4 years$28,250$27,175$26,148$25,166$24,227$21,566
5 years$22,374$21,306$20,292$19,330$18,417$15,872
6 years$18,458$17,398$16,399$15,458$14,572$12,145
7 years$15,662$14,611$13,628$12,709$11,851$9,542
8 years$13,566$12,524$11,557$10,661$9,832$7,639
9 years$11,937$10,904$9,954$9,081$8,280$6,202
10 years$10,634$9,612$8,678$7,828$7,055$5,089
11 years$9,569$8,557$7,640$6,813$6,067$4,212
12 years$8,681$7,680$6,781$5,976$5,258$3,508
13 years$7,931$6,941$6,058$5,276$4,585$2,938
14 years$7,289$6,309$5,443$4,683$4,019$2,472
15 years$6,733$5,763$4,914$4,176$3,539$2,087
16 years$6,247$5,288$4,456$3,740$3,128$1,767
17 years$5,818$4,870$4,054$3,360$2,773$1,500
18 years$5,438$4,500$3,701$3,028$2,466$1,276
19 years$5,098$4,170$3,388$2,736$2,198$1,087
20 years$4,792$3,875$3,110$2,478$1,963$927
21 years$4,516$3,610$2,860$2,249$1,757$792
22 years$4,265$3,370$2,636$2,045$1,575$678
23 years$4,037$3,151$2,434$1,862$1,414$580
24 years$3,827$2,953$2,251$1,698$1,270$497
25 years$3,635$2,771$2,085$1,551$1,143$426
26 years$3,458$2,604$1,934$1,418$1,030$365
27 years$3,294$2,451$1,796$1,298$928$314
28 years$3,143$2,309$1,669$1,189$838$269
29 years$3,002$2,179$1,553$1,091$756$231
30 years$2,870$2,058$1,447$1,001$684$199
31 years$2,747$1,945$1,349$919$618$171
32 years$2,633$1,840$1,259$845$559$147
33 years$2,525$1,743$1,175$777$506$126
34 years$2,424$1,652$1,098$715$458$108
35 years$2,329$1,567$1,026$658$415$93
36 years$2,239$1,487$960$606$376$80
37 years$2,155$1,412$899$558$341$69
38 years$2,075$1,342$842$515$309$59
39 years$1,999$1,276$789$475$280$51
40 years$1,928$1,214$739$438$254$44
41 years$1,860$1,156$693$404$230$38
42 years$1,795$1,101$650$373$209$32
43 years$1,734$1,049$610$344$190$28
44 years$1,675$1,000$573$318$172$24
45 years$1,620$953$538$293$156$21
46 years$1,566$910$505$271$142$18
47 years$1,516$868$474$250$129$15
48 years$1,467$829$446$231$117$13
49 years$1,421$791$419$214$106$11
50 years$1,377$756$394$198$97$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,410,000, adding $6,699 every year, while hoping to spend $53,917 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: 32/48/20 Blend
48$1,410,000$1,410,000$1,410,000$1,410,000
49$1,560,730$1,486,000$1,464,145$1,600,811
50$1,662,557$1,501,447$1,455,827$1,646,818
51$1,772,964$1,515,843$1,445,422$1,690,964
52$1,892,768$1,529,081$1,432,806$1,737,386
53$2,022,869$1,541,045$1,417,844$1,786,318
54$2,164,257$1,551,612$1,400,397$1,838,016
55$2,318,021$1,560,651$1,380,320$1,892,769
56$2,485,359$1,568,023$1,357,461$1,950,899
57$2,667,589$1,573,579$1,331,659$2,012,761
58$2,866,161$1,577,162$1,302,747$2,078,755
59$3,082,671$1,578,605$1,270,551$2,149,323
60$3,318,877$1,577,730$1,234,888$2,224,956
61$3,576,711$1,574,347$1,195,566$2,306,203
62$3,858,303$1,568,258$1,152,384$2,393,671
63$4,165,995$1,559,247$1,105,134$2,488,037
64$4,502,368$1,547,091$1,053,597$2,590,052
65$4,870,260$1,531,550$997,544$2,700,549
66$5,272,801$1,512,370$936,735$2,820,455
67$5,713,432$1,489,282$870,922$2,950,797
68$6,195,946$1,462,000$799,841$3,092,714
69$6,724,518$1,430,224$723,222$3,247,471
70$7,303,748$1,393,634$640,778$3,416,470
71$7,938,698$1,351,890$552,213$3,601,265
72$8,634,948$1,304,635$457,214$3,803,578
73$9,398,639$1,251,489$355,458$4,025,318
74$10,236,540$1,192,051$246,605$4,268,599
75$11,156,102$1,125,897$130,301$4,535,763
76$12,165,536$1,052,578$6,178$4,829,402
77$13,273,885$971,618$0$5,152,388
78$14,491,110$882,516$0$5,534,845
79$15,828,186$784,743$0$5,956,501
80$17,297,202$677,736$0$6,420,016
81$18,911,476$560,904$0$6,929,787
82$20,685,679$433,621$0$7,490,673
83$22,635,975$295,225$0$8,108,039
84$24,780,173$145,020$0$8,787,814
85$27,137,893$0$0$9,536,545
86$29,730,748$0$0$10,370,828
87$32,582,557$0$0$11,372,917
88$35,719,556$0$0$12,475,463
89$39,170,658$0$0$13,688,658
90$42,967,714$0$0$15,023,731
91$47,145,823$0$0$16,493,054
92$51,743,653$0$0$18,110,261
93$56,803,814$0$0$19,890,372
94$62,373,255$0$0$21,849,941
95$68,503,705$0$0$24,007,204
96$75,252,165$0$0$26,382,257
97$82,681,441$0$0$28,997,246
98$90,860,742$0$0$31,876,569
99$99,866,323$0$0$35,047,113
100$109,782,214$0$0$38,538,506