Can I retire at age 49 with 1,460,000?

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 $1,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$120,565$119,492$118,444$117,421$116,422$112,696
2 years$59,686$58,574$57,497$56,452$55,439$51,719
3 years$39,395$38,279$37,204$36,170$35,173$31,576
4 years$29,252$28,139$27,075$26,058$25,086$21,639
5 years$23,168$22,061$21,011$20,015$19,070$15,783
6 years$19,113$18,015$16,980$16,006$15,089$11,966
7 years$16,217$15,129$14,111$13,160$12,272$9,311
8 years$14,047$12,968$11,967$11,039$10,180$7,380
9 years$12,360$11,291$10,307$9,403$8,573$5,930
10 years$11,011$9,953$8,986$8,106$7,305$4,815
11 years$9,908$8,860$7,911$7,054$6,283$3,941
12 years$8,989$7,952$7,021$6,188$5,444$3,246
13 years$8,213$7,187$6,273$5,463$4,748$2,688
14 years$7,548$6,532$5,636$4,849$4,162$2,235
15 years$6,972$5,968$5,089$4,325$3,664$1,864
16 years$6,468$5,475$4,614$3,872$3,238$1,559
17 years$6,025$5,042$4,198$3,479$2,871$1,307
18 years$5,631$4,659$3,832$3,135$2,553$1,098
19 years$5,279$4,318$3,508$2,833$2,276$924
20 years$4,962$4,013$3,220$2,566$2,033$778
21 years$4,676$3,738$2,962$2,329$1,819$656
22 years$4,416$3,489$2,730$2,117$1,631$554
23 years$4,180$3,263$2,520$1,928$1,464$468
24 years$3,963$3,057$2,331$1,759$1,316$395
25 years$3,764$2,869$2,159$1,606$1,184$334
26 years$3,581$2,697$2,002$1,469$1,066$283
27 years$3,411$2,538$1,859$1,344$961$239
28 years$3,254$2,391$1,728$1,232$867$203
29 years$3,108$2,256$1,608$1,129$783$172
30 years$2,972$2,131$1,498$1,037$708$145
31 years$2,845$2,014$1,397$952$640$123
32 years$2,726$1,906$1,303$875$579$104
33 years$2,615$1,805$1,217$805$524$88
34 years$2,510$1,710$1,137$740$474$75
35 years$2,412$1,622$1,063$681$430$64
36 years$2,319$1,540$994$628$389$54
37 years$2,231$1,463$931$578$353$46
38 years$2,149$1,390$872$533$320$39
39 years$2,070$1,322$817$491$290$33
40 years$1,996$1,257$765$453$263$28
41 years$1,926$1,197$718$418$239$24
42 years$1,859$1,140$673$386$217$20
43 years$1,795$1,086$632$356$197$17
44 years$1,735$1,035$593$329$178$14
45 years$1,677$987$557$304$162$12
46 years$1,622$942$523$281$147$10
47 years$1,570$899$491$259$134$9
48 years$1,519$858$462$240$121$7
49 years$1,471$819$434$221$110$6
50 years$1,425$783$408$205$100$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,460,000, adding $3,061 every year, while hoping to spend $39,136 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: 35/35/30 Blend
48$1,460,000$1,460,000$1,460,000$1,460,000
49$1,612,077$1,534,697$1,512,067$1,653,860
50$1,734,869$1,568,257$1,521,081$1,719,155
51$1,868,873$1,602,150$1,529,085$1,785,848
52$2,015,194$1,636,350$1,536,005$1,857,071
53$2,175,043$1,670,830$1,541,760$1,933,257
54$2,349,757$1,705,561$1,546,269$2,014,884
55$2,540,807$1,740,508$1,549,444$2,102,480
56$2,749,812$1,775,636$1,551,193$2,196,630
57$2,978,556$1,810,906$1,551,421$2,297,976
58$3,229,002$1,846,274$1,550,028$2,407,228
59$3,503,313$1,881,693$1,546,906$2,525,172
60$3,803,869$1,917,115$1,541,946$2,652,673
61$4,133,294$1,952,483$1,535,031$2,790,686
62$4,494,475$1,987,740$1,526,039$2,940,266
63$4,890,593$2,022,821$1,514,843$3,102,577
64$5,325,152$2,057,658$1,501,309$3,278,905
65$5,802,012$2,092,177$1,485,297$3,470,666
66$6,325,422$2,126,299$1,466,660$3,679,426
67$6,900,066$2,159,938$1,445,244$3,906,912
68$7,531,101$2,193,004$1,420,888$4,155,031
69$8,224,210$2,225,397$1,393,424$4,425,885
70$8,985,651$2,257,014$1,362,675$4,721,796
71$9,822,320$2,287,740$1,328,458$5,045,325
72$10,741,814$2,317,456$1,290,578$5,399,297
73$11,752,501$2,346,033$1,248,834$5,786,832
74$12,863,601$2,373,334$1,203,015$6,211,369
75$14,085,272$2,399,211$1,152,900$6,676,704
76$15,428,706$2,423,509$1,098,258$7,187,024
77$16,906,232$2,446,059$1,038,848$7,746,950
78$18,531,435$2,466,683$974,417$8,361,577
79$20,319,283$2,485,192$904,702$9,036,527
80$22,286,268$2,501,384$829,427$9,778,001
81$24,450,559$2,515,044$748,304$10,592,841
82$26,832,177$2,525,942$661,033$11,488,590
83$29,453,181$2,533,835$567,300$12,473,570
84$32,337,878$2,538,466$466,777$13,556,960
85$35,513,048$2,539,558$359,121$14,748,882
86$39,008,203$2,536,819$243,975$16,060,501
87$42,855,857$2,529,941$120,966$17,504,128
88$47,091,839$2,518,593$0$19,093,342
89$51,755,629$2,502,427$0$20,846,416
90$56,890,729$2,481,071$0$22,818,096
91$62,545,074$2,454,135$0$24,987,967
92$68,771,485$2,421,200$0$27,376,245
93$75,628,164$2,381,826$0$30,005,217
94$83,179,246$2,335,546$0$32,899,448
95$91,495,405$2,281,863$0$36,086,012
96$100,654,516$2,220,254$0$39,594,752
97$110,742,394$2,150,164$0$43,458,563
98$121,853,600$2,071,004$0$47,713,699
99$134,092,338$1,982,153$0$52,400,122
100$147,573,431$1,882,953$0$57,561,877