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%14.1%
1 years$119,740$118,673$117,632$116,617$115,625$113,663
2 years$59,277$58,173$57,103$56,066$55,060$53,089
3 years$39,125$38,017$36,950$35,922$34,932$33,014
4 years$29,052$27,946$26,890$25,880$24,914$23,063
5 years$23,009$21,910$20,868$19,878$18,939$17,161
6 years$18,982$17,891$16,864$15,897$14,986$13,283
7 years$16,106$15,025$14,014$13,070$12,188$10,560
8 years$13,951$12,879$11,885$10,964$10,111$8,558
9 years$12,275$11,214$10,237$9,339$8,515$7,036
10 years$10,935$9,884$8,925$8,050$7,255$5,849
11 years$9,840$8,799$7,857$7,006$6,239$4,905
12 years$8,928$7,898$6,973$6,145$5,407$4,142
13 years$8,156$7,137$6,230$5,425$4,715$3,518
14 years$7,496$6,488$5,598$4,816$4,133$3,002
15 years$6,924$5,927$5,054$4,295$3,639$2,571
16 years$6,424$5,438$4,582$3,846$3,216$2,210
17 years$5,983$5,008$4,169$3,455$2,852$1,904
18 years$5,592$4,627$3,806$3,114$2,536$1,645
19 years$5,242$4,289$3,484$2,814$2,260$1,424
20 years$4,928$3,985$3,198$2,548$2,019$1,234
21 years$4,644$3,712$2,941$2,313$1,807$1,071
22 years$4,386$3,465$2,711$2,103$1,619$931
23 years$4,151$3,241$2,503$1,915$1,454$810
24 years$3,936$3,036$2,315$1,747$1,307$706
25 years$3,738$2,850$2,144$1,595$1,176$615
26 years$3,556$2,678$1,989$1,459$1,059$537
27 years$3,388$2,520$1,846$1,335$955$468
28 years$3,232$2,375$1,717$1,223$862$409
29 years$3,087$2,241$1,597$1,122$778$357
30 years$2,952$2,116$1,488$1,029$703$312
31 years$2,825$2,000$1,387$945$635$273
32 years$2,707$1,893$1,294$869$575$239
33 years$2,597$1,792$1,208$799$520$209
34 years$2,493$1,699$1,129$735$471$183
35 years$2,395$1,611$1,056$677$427$160
36 years$2,303$1,529$988$623$387$140
37 years$2,216$1,453$924$574$350$123
38 years$2,134$1,380$866$529$318$107
39 years$2,056$1,313$811$488$288$94
40 years$1,982$1,249$760$450$261$82
41 years$1,912$1,189$713$415$237$72
42 years$1,846$1,132$669$383$215$63
43 years$1,783$1,079$627$354$195$55
44 years$1,723$1,028$589$327$177$48
45 years$1,666$981$553$302$161$42
46 years$1,611$935$519$279$146$37
47 years$1,559$893$488$257$133$33
48 years$1,509$852$458$238$120$29
49 years$1,461$814$431$220$109$25
50 years$1,416$777$405$203$99$22

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 $2,780 every year, while hoping to spend $59,399 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: 22/50/28 Blend
48$1,450,000$1,450,000$1,450,000$1,450,000
49$1,600,768$1,523,918$1,501,443$1,621,711
50$1,700,846$1,535,389$1,488,541$1,651,978
51$1,809,141$1,545,433$1,473,216$1,679,178
52$1,926,429$1,553,914$1,455,324$1,707,001
53$2,053,562$1,560,694$1,434,715$1,735,534
54$2,191,478$1,565,620$1,411,231$1,764,881
55$2,341,208$1,568,534$1,384,706$1,795,161
56$2,503,885$1,569,266$1,354,967$1,826,510
57$2,680,757$1,567,637$1,321,835$1,859,083
58$2,873,197$1,563,453$1,285,119$1,893,059
59$3,082,714$1,556,514$1,244,621$1,928,639
60$3,310,970$1,546,602$1,200,135$1,966,053
61$3,559,794$1,533,490$1,151,445$2,005,564
62$3,831,197$1,516,936$1,098,322$2,047,465
63$4,127,396$1,496,682$1,040,532$2,092,091
64$4,450,827$1,472,456$977,827$2,139,820
65$4,804,174$1,443,969$909,947$2,191,074
66$5,190,393$1,410,917$836,624$2,246,334
67$5,612,737$1,372,975$757,574$2,306,135
68$6,074,786$1,329,802$672,503$2,371,082
69$6,580,486$1,281,033$581,103$2,441,851
70$7,134,178$1,226,287$483,053$2,519,202
71$7,740,645$1,165,155$378,016$2,603,983
72$8,405,153$1,097,210$265,642$2,697,146
73$9,133,503$1,021,997$145,565$2,799,751
74$9,932,081$939,036$17,402$2,912,987
75$10,807,923$847,819$0$3,038,176
76$11,768,779$747,810$0$3,212,459
77$12,823,183$638,441$0$3,409,685
78$13,980,537$519,114$0$3,626,615
79$15,251,196$389,195$0$3,865,426
80$16,646,570$248,017$0$4,128,532
81$18,179,223$94,873$0$4,418,608
82$19,863,001$0$0$4,738,619
83$21,713,153$0$0$5,130,901
84$23,746,480$0$0$5,619,664
85$25,981,492$0$0$6,157,192
86$28,438,581$0$0$6,748,423
87$31,140,212$0$0$7,398,800
88$34,111,139$0$0$8,114,320
89$37,378,630$0$0$8,901,590
90$40,972,732$0$0$9,767,889
91$44,926,550$0$0$10,721,238
92$49,276,557$0$0$11,770,475
93$54,062,940$0$0$12,925,337
94$59,329,981$0$0$14,196,556
95$65,126,467$0$0$15,595,953
96$71,506,157$0$0$17,136,555
97$78,528,283$0$0$18,832,719
98$86,258,115$0$0$20,700,260
99$94,767,568$0$0$22,756,609
100$104,135,885$0$0$25,020,970