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

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$119,740$118,673$117,632$116,617$115,625$113,198
2 years$59,277$58,173$57,103$56,066$55,060$52,626
3 years$39,125$38,017$36,950$35,922$34,932$32,567
4 years$29,052$27,946$26,890$25,880$24,914$22,637
5 years$23,009$21,910$20,868$19,878$18,939$16,756
6 years$18,982$17,891$16,864$15,897$14,986$12,899
7 years$16,106$15,025$14,014$13,070$12,188$10,197
8 years$13,951$12,879$11,885$10,964$10,111$8,216
9 years$12,275$11,214$10,237$9,339$8,515$6,715
10 years$10,935$9,884$8,925$8,050$7,255$5,548
11 years$9,840$8,799$7,857$7,006$6,239$4,623
12 years$8,928$7,898$6,973$6,145$5,407$3,879
13 years$8,156$7,137$6,230$5,425$4,715$3,273
14 years$7,496$6,488$5,598$4,816$4,133$2,774
15 years$6,924$5,927$5,054$4,295$3,639$2,360
16 years$6,424$5,438$4,582$3,846$3,216$2,014
17 years$5,983$5,008$4,169$3,455$2,852$1,723
18 years$5,592$4,627$3,806$3,114$2,536$1,477
19 years$5,242$4,289$3,484$2,814$2,260$1,269
20 years$4,928$3,985$3,198$2,548$2,019$1,092
21 years$4,644$3,712$2,941$2,313$1,807$941
22 years$4,386$3,465$2,711$2,103$1,619$812
23 years$4,151$3,241$2,503$1,915$1,454$701
24 years$3,936$3,036$2,315$1,747$1,307$606
25 years$3,738$2,850$2,144$1,595$1,176$524
26 years$3,556$2,678$1,989$1,459$1,059$453
27 years$3,388$2,520$1,846$1,335$955$392
28 years$3,232$2,375$1,717$1,223$862$340
29 years$3,087$2,241$1,597$1,122$778$294
30 years$2,952$2,116$1,488$1,029$703$255
31 years$2,825$2,000$1,387$945$635$221
32 years$2,707$1,893$1,294$869$575$192
33 years$2,597$1,792$1,208$799$520$167
34 years$2,493$1,699$1,129$735$471$145
35 years$2,395$1,611$1,056$677$427$125
36 years$2,303$1,529$988$623$387$109
37 years$2,216$1,453$924$574$350$94
38 years$2,134$1,380$866$529$318$82
39 years$2,056$1,313$811$488$288$71
40 years$1,982$1,249$760$450$261$62
41 years$1,912$1,189$713$415$237$54
42 years$1,846$1,132$669$383$215$47
43 years$1,783$1,079$627$354$195$41
44 years$1,723$1,028$589$327$177$35
45 years$1,666$981$553$302$161$31
46 years$1,611$935$519$279$146$27
47 years$1,559$893$488$257$133$23
48 years$1,509$852$458$238$120$20
49 years$1,461$814$431$220$109$17
50 years$1,416$777$405$203$99$15

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 $5,785 every year, while hoping to spend $54,356 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: 30/42/28 Blend
48$1,450,000$1,450,000$1,450,000$1,450,000
49$1,603,867$1,527,017$1,504,542$1,638,035
50$1,709,627$1,544,007$1,497,110$1,682,197
51$1,824,353$1,560,007$1,487,607$1,724,536
52$1,948,902$1,574,912$1,475,907$1,769,006
53$2,084,216$1,588,609$1,461,876$1,815,833
54$2,231,333$1,600,978$1,445,376$1,865,265
55$2,391,394$1,611,890$1,426,260$1,917,582
56$2,565,653$1,621,210$1,404,377$1,973,095
57$2,755,492$1,628,792$1,379,566$2,032,149
58$2,962,432$1,634,482$1,351,661$2,095,132
59$3,188,144$1,638,116$1,320,486$2,162,474
60$3,434,471$1,639,520$1,285,859$2,234,653
61$3,703,439$1,638,508$1,247,587$2,312,204
62$3,997,279$1,634,884$1,205,470$2,395,718
63$4,318,448$1,628,440$1,159,300$2,485,857
64$4,669,649$1,618,953$1,108,856$2,583,352
65$5,053,861$1,606,189$1,053,910$2,689,019
66$5,474,361$1,589,899$994,223$2,803,763
67$5,934,760$1,569,819$929,543$2,928,588
68$6,439,034$1,545,667$859,611$3,064,610
69$6,991,559$1,517,149$784,152$3,213,067
70$7,597,158$1,483,949$702,881$3,375,331
71$8,261,140$1,445,735$615,500$3,552,926
72$8,989,355$1,402,154$521,697$3,747,540
73$9,788,243$1,352,834$421,148$3,961,044
74$10,664,900$1,297,379$313,512$4,195,512
75$11,627,140$1,235,371$198,436$4,453,241
76$12,683,574$1,166,370$75,549$4,736,776
77$13,843,684$1,089,907$0$5,048,934
78$15,117,916$1,005,488$0$5,409,444
79$16,517,778$912,592$0$5,830,317
80$18,055,947$810,665$0$6,292,904
81$19,746,391$699,125$0$6,801,566
82$21,604,496$577,355$0$7,361,115
83$23,647,212$444,703$0$7,976,868
84$25,893,215$300,481$0$8,654,696
85$28,363,082$143,963$0$9,401,078
86$31,079,480$0$0$10,223,171
87$34,067,388$0$0$11,140,714
88$37,354,322$0$0$12,223,533
89$40,970,604$0$0$13,415,112
90$44,949,640$0$0$14,726,494
91$49,328,239$0$0$16,169,842
92$54,146,957$0$0$17,758,561
93$59,450,483$0$0$19,507,421
94$65,288,056$0$0$21,432,694
95$71,713,929$0$0$23,552,315
96$78,787,887$0$0$25,886,041
97$86,575,801$0$0$28,455,647
98$95,150,256$0$0$31,285,123
99$104,591,232$0$0$34,400,906
100$114,986,862$0$0$37,832,127