Can I retire at age 49 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$119,740$118,673$117,632$116,617$115,625$114,800
2 years$59,277$58,173$57,103$56,066$55,060$54,228
3 years$39,125$38,017$36,950$35,922$34,932$34,119
4 years$29,052$27,946$26,890$25,880$24,914$24,126
5 years$23,009$21,910$20,868$19,878$18,939$18,179
6 years$18,982$17,891$16,864$15,897$14,986$14,254
7 years$16,106$15,025$14,014$13,070$12,188$11,484
8 years$13,951$12,879$11,885$10,964$10,111$9,436
9 years$12,275$11,214$10,237$9,339$8,515$7,869
10 years$10,935$9,884$8,925$8,050$7,255$6,637
11 years$9,840$8,799$7,857$7,006$6,239$5,650
12 years$8,928$7,898$6,973$6,145$5,407$4,844
13 years$8,156$7,137$6,230$5,425$4,715$4,179
14 years$7,496$6,488$5,598$4,816$4,133$3,623
15 years$6,924$5,927$5,054$4,295$3,639$3,155
16 years$6,424$5,438$4,582$3,846$3,216$2,756
17 years$5,983$5,008$4,169$3,455$2,852$2,416
18 years$5,592$4,627$3,806$3,114$2,536$2,123
19 years$5,242$4,289$3,484$2,814$2,260$1,869
20 years$4,928$3,985$3,198$2,548$2,019$1,650
21 years$4,644$3,712$2,941$2,313$1,807$1,458
22 years$4,386$3,465$2,711$2,103$1,619$1,291
23 years$4,151$3,241$2,503$1,915$1,454$1,144
24 years$3,936$3,036$2,315$1,747$1,307$1,015
25 years$3,738$2,850$2,144$1,595$1,176$902
26 years$3,556$2,678$1,989$1,459$1,059$802
27 years$3,388$2,520$1,846$1,335$955$713
28 years$3,232$2,375$1,717$1,223$862$635
29 years$3,087$2,241$1,597$1,122$778$566
30 years$2,952$2,116$1,488$1,029$703$504
31 years$2,825$2,000$1,387$945$635$450
32 years$2,707$1,893$1,294$869$575$401
33 years$2,597$1,792$1,208$799$520$358
34 years$2,493$1,699$1,129$735$471$320
35 years$2,395$1,611$1,056$677$427$285
36 years$2,303$1,529$988$623$387$255
37 years$2,216$1,453$924$574$350$228
38 years$2,134$1,380$866$529$318$204
39 years$2,056$1,313$811$488$288$182
40 years$1,982$1,249$760$450$261$163
41 years$1,912$1,189$713$415$237$145
42 years$1,846$1,132$669$383$215$130
43 years$1,783$1,079$627$354$195$116
44 years$1,723$1,028$589$327$177$104
45 years$1,666$981$553$302$161$93
46 years$1,611$935$519$279$146$83
47 years$1,559$893$488$257$133$74
48 years$1,509$852$458$238$120$67
49 years$1,461$814$431$220$109$60
50 years$1,416$777$405$203$99$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,450,000, adding $3,248 every year, while hoping to spend $39,580 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: 47/42/11 Blend
48$1,450,000$1,450,000$1,450,000$1,450,000
49$1,601,250$1,524,400$1,501,925$1,671,476
50$1,722,465$1,556,983$1,510,127$1,752,829
51$1,854,717$1,589,836$1,517,277$1,836,710
52$1,999,091$1,622,930$1,523,298$1,926,851
53$2,156,779$1,656,235$1,528,109$2,023,846
54$2,329,095$1,689,715$1,531,626$2,128,351
55$2,517,486$1,723,334$1,533,759$2,241,089
56$2,723,544$1,757,052$1,534,414$2,362,856
57$2,949,021$1,790,824$1,533,493$2,494,530
58$3,195,849$1,824,602$1,530,893$2,637,078
59$3,466,154$1,858,335$1,526,506$2,791,566
60$3,762,276$1,891,968$1,520,218$2,959,169
61$4,086,793$1,925,440$1,511,910$3,141,183
62$4,442,546$1,958,686$1,501,459$3,339,035
63$4,832,660$1,991,636$1,488,733$3,554,300
64$5,260,581$2,024,216$1,473,595$3,788,714
65$5,730,102$2,056,344$1,455,902$4,044,189
66$6,245,402$2,087,934$1,435,504$4,322,835
67$6,811,083$2,118,894$1,412,244$4,626,977
68$7,432,217$2,149,122$1,385,957$4,959,179
69$8,114,388$2,178,514$1,356,471$5,322,267
70$8,863,748$2,206,954$1,323,606$5,719,358
71$9,687,077$2,234,322$1,287,173$6,153,887
72$10,591,842$2,260,486$1,246,976$6,629,642
73$11,586,267$2,285,308$1,202,807$7,150,799
74$12,679,417$2,308,638$1,154,452$7,721,962
75$13,881,276$2,330,320$1,101,684$8,348,208
76$15,202,843$2,350,183$1,044,268$9,035,133
77$16,656,240$2,368,049$981,958$9,788,907
78$18,254,818$2,383,725$914,495$10,616,333
79$20,013,290$2,397,008$841,612$11,524,911
80$21,947,866$2,407,681$763,025$12,522,908
81$24,076,404$2,415,513$678,443$13,619,441
82$26,418,584$2,420,260$587,557$14,824,559
83$28,996,087$2,421,661$490,048$16,149,342
84$31,832,804$2,419,438$385,581$17,606,002
85$34,955,059$2,413,299$273,806$19,208,005
86$38,391,855$2,402,931$154,359$20,970,196
87$42,175,154$2,388,004$26,859$22,908,939
88$46,340,169$2,368,166$0$25,042,273
89$50,925,705$2,343,045$0$27,402,903
90$55,974,520$2,312,247$0$30,004,133
91$61,533,727$2,275,353$0$32,867,023
92$67,655,242$2,231,920$0$36,018,269
93$74,396,271$2,181,479$0$39,487,292
94$81,819,852$2,123,532$0$43,306,522
95$89,995,445$2,057,554$0$47,511,705
96$98,999,593$1,982,986$0$52,142,238
97$108,916,639$1,899,240$0$57,241,547
98$119,839,525$1,805,692$0$62,857,495
99$131,870,667$1,701,681$0$69,042,836
100$145,122,923$1,586,511$0$75,855,716