Can I retire at age 49 with 1,430,000?

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$118,088$117,036$116,010$115,008$114,030$113,028
2 years$58,459$57,371$56,316$55,292$54,300$53,290
3 years$38,586$37,492$36,440$35,426$34,450$33,463
4 years$28,651$27,561$26,519$25,523$24,570$23,615
5 years$22,692$21,608$20,580$19,604$18,678$17,756
6 years$18,720$17,645$16,631$15,677$14,779$13,893
7 years$15,884$14,818$13,821$12,889$12,019$11,169
8 years$13,758$12,702$11,721$10,812$9,971$9,156
9 years$12,106$11,059$10,095$9,210$8,397$7,617
10 years$10,785$9,748$8,801$7,939$7,155$6,410
11 years$9,704$8,678$7,749$6,909$6,153$5,443
12 years$8,805$7,789$6,877$6,060$5,332$4,655
13 years$8,044$7,039$6,144$5,350$4,650$4,005
14 years$7,393$6,398$5,520$4,749$4,076$3,464
15 years$6,828$5,845$4,984$4,236$3,589$3,008
16 years$6,335$5,363$4,519$3,793$3,172$2,621
17 years$5,901$4,939$4,112$3,408$2,812$2,290
18 years$5,515$4,564$3,754$3,071$2,501$2,007
19 years$5,170$4,230$3,436$2,775$2,229$1,762
20 years$4,860$3,930$3,154$2,513$1,991$1,551
21 years$4,580$3,661$2,901$2,281$1,782$1,367
22 years$4,326$3,417$2,674$2,074$1,597$1,206
23 years$4,094$3,196$2,469$1,889$1,434$1,066
24 years$3,882$2,995$2,283$1,723$1,289$943
25 years$3,687$2,810$2,114$1,573$1,159$835
26 years$3,507$2,641$1,961$1,438$1,044$740
27 years$3,341$2,486$1,821$1,317$942$656
28 years$3,187$2,342$1,693$1,206$850$582
29 years$3,044$2,210$1,575$1,106$767$517
30 years$2,911$2,087$1,467$1,015$693$459
31 years$2,786$1,973$1,368$932$627$408
32 years$2,670$1,867$1,276$857$567$363
33 years$2,561$1,768$1,192$788$513$323
34 years$2,458$1,675$1,114$725$465$287
35 years$2,362$1,589$1,041$667$421$256
36 years$2,271$1,508$974$615$381$228
37 years$2,185$1,432$912$566$346$203
38 years$2,104$1,361$854$522$313$181
39 years$2,028$1,295$800$481$284$161
40 years$1,955$1,232$750$444$258$143
41 years$1,886$1,172$703$410$234$128
42 years$1,821$1,117$659$378$212$114
43 years$1,758$1,064$619$349$192$101
44 years$1,699$1,014$581$322$175$90
45 years$1,643$967$545$298$159$81
46 years$1,589$922$512$275$144$72
47 years$1,537$880$481$254$131$64
48 years$1,488$840$452$235$119$57
49 years$1,441$803$425$217$108$51
50 years$1,396$767$400$200$98$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,430,000, adding $4,212 every year, while hoping to spend $33,652 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: 37/39/24 Blend
48$1,430,000$1,430,000$1,430,000$1,430,000
49$1,580,205$1,504,415$1,482,250$1,627,159
50$1,705,580$1,542,326$1,496,100$1,699,830
51$1,842,616$1,580,966$1,509,286$1,774,857
52$1,992,466$1,620,337$1,521,750$1,855,231
53$2,156,401$1,660,436$1,533,432$1,941,454
54$2,335,819$1,701,263$1,544,267$2,034,081
55$2,532,261$1,742,814$1,554,189$2,133,721
56$2,747,423$1,785,083$1,563,125$2,241,046
57$2,983,173$1,828,065$1,571,003$2,356,797
58$3,241,568$1,871,752$1,577,743$2,481,791
59$3,524,875$1,916,134$1,583,264$2,616,926
60$3,835,587$1,961,199$1,587,478$2,763,195
61$4,176,454$2,006,935$1,590,296$2,921,689
62$4,550,503$2,053,326$1,591,621$3,093,615
63$4,961,068$2,100,353$1,591,355$3,280,298
64$5,411,823$2,147,996$1,589,391$3,483,203
65$5,906,815$2,196,233$1,585,621$3,703,943
66$6,450,499$2,245,038$1,579,929$3,944,296
67$7,047,786$2,294,381$1,572,193$4,206,222
68$7,704,086$2,344,232$1,562,287$4,491,883
69$8,425,358$2,394,554$1,550,078$4,803,661
70$9,218,166$2,445,309$1,535,428$5,144,183
71$10,089,743$2,496,453$1,518,189$5,516,344
72$11,048,058$2,547,940$1,498,209$5,923,335
73$12,101,889$2,599,719$1,475,329$6,368,677
74$13,260,910$2,651,733$1,449,380$6,856,249
75$14,535,776$2,703,921$1,420,188$7,390,327
76$15,938,230$2,756,218$1,387,569$7,975,627
77$17,481,208$2,808,551$1,351,331$8,617,346
78$19,178,964$2,860,843$1,311,273$9,321,215
79$21,047,203$2,913,009$1,267,186$10,093,552
80$23,103,230$2,964,959$1,218,849$10,941,320
81$25,366,112$3,016,595$1,166,033$11,872,197
82$27,856,859$3,067,811$1,108,498$12,894,648
83$30,598,618$3,118,493$1,045,992$14,018,001
84$33,616,899$3,168,521$978,254$15,252,543
85$36,939,806$3,217,762$905,009$16,609,613
86$40,598,310$3,266,077$825,971$18,101,710
87$44,626,538$3,313,314$740,841$19,742,612
88$49,062,091$3,359,313$649,306$21,547,509
89$53,946,405$3,403,900$551,038$23,533,144
90$59,325,139$3,446,892$445,699$25,717,975
91$65,248,604$3,488,090$332,931$28,122,345
92$71,772,240$3,527,285$212,362$30,768,683
93$78,957,138$3,564,251$83,605$33,681,708
94$86,870,615$3,598,749$0$36,888,672
95$95,586,852$3,630,522$0$40,433,389
96$105,187,592$3,659,298$0$44,358,933
97$115,762,909$3,684,787$0$48,680,480
98$127,412,064$3,706,680$0$53,438,376
99$140,244,435$3,724,648$0$58,677,082
100$154,380,553$3,738,340$0$64,445,600