Can I retire at age 49 with 1,530,000?

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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$126,346$125,221$124,123$123,051$122,004$121,388
2 years$62,548$61,383$60,254$59,159$58,097$57,475
3 years$41,284$40,114$38,988$37,904$36,859$36,251
4 years$30,655$29,488$28,373$27,308$26,288$25,698
5 years$24,278$23,119$22,019$20,975$19,984$19,414
6 years$20,029$18,878$17,795$16,774$15,813$15,263
7 years$16,995$15,854$14,787$13,791$12,860$12,332
8 years$14,721$13,590$12,541$11,569$10,669$10,161
9 years$12,952$11,832$10,801$9,854$8,984$8,498
10 years$11,539$10,430$9,417$8,494$7,655$7,190
11 years$10,383$9,285$8,291$7,392$6,584$6,138
12 years$9,420$8,334$7,358$6,484$5,705$5,280
13 years$8,606$7,531$6,574$5,725$4,975$4,570
14 years$7,910$6,846$5,906$5,082$4,361$3,975
15 years$7,306$6,254$5,333$4,532$3,840$3,472
16 years$6,778$5,738$4,835$4,058$3,394$3,044
17 years$6,313$5,284$4,399$3,646$3,009$2,677
18 years$5,901$4,883$4,016$3,286$2,676$2,361
19 years$5,532$4,525$3,677$2,969$2,385$2,086
20 years$5,200$4,205$3,374$2,689$2,130$1,848
21 years$4,900$3,917$3,104$2,440$1,906$1,639
22 years$4,628$3,656$2,860$2,219$1,709$1,456
23 years$4,380$3,420$2,641$2,021$1,534$1,296
24 years$4,153$3,204$2,443$1,843$1,379$1,154
25 years$3,945$3,007$2,262$1,683$1,241$1,029
26 years$3,752$2,826$2,098$1,539$1,117$918
27 years$3,575$2,660$1,948$1,409$1,007$820
28 years$3,410$2,506$1,811$1,291$909$733
29 years$3,257$2,364$1,686$1,184$821$656
30 years$3,114$2,233$1,570$1,086$742$587
31 years$2,981$2,111$1,464$998$671$526
32 years$2,857$1,997$1,366$917$607$471
33 years$2,740$1,891$1,275$843$549$422
34 years$2,630$1,793$1,191$776$497$378
35 years$2,527$1,700$1,114$714$450$339
36 years$2,430$1,614$1,042$658$408$304
37 years$2,338$1,533$975$606$370$273
38 years$2,252$1,457$913$559$335$245
39 years$2,170$1,385$856$515$304$220
40 years$2,092$1,318$802$475$276$197
41 years$2,018$1,254$752$438$250$177
42 years$1,948$1,195$705$404$227$159
43 years$1,881$1,138$662$373$206$143
44 years$1,818$1,085$621$345$187$128
45 years$1,757$1,035$583$318$170$115
46 years$1,700$987$548$294$154$104
47 years$1,645$942$515$272$140$93
48 years$1,592$899$484$251$127$84
49 years$1,542$859$455$232$115$75
50 years$1,494$820$428$214$105$68

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,530,000, adding $3,797 every year, while hoping to spend $21,962 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: 68/25/7 Blend
48$1,530,000$1,530,000$1,530,000$1,530,000
49$1,689,977$1,608,887$1,585,172$1,802,682
50$1,838,987$1,664,355$1,614,907$1,933,332
51$2,002,460$1,721,805$1,644,903$2,073,131
52$2,181,848$1,781,310$1,675,145$2,225,414
53$2,378,751$1,842,949$1,705,616$2,391,400
54$2,594,930$1,906,799$1,736,301$2,572,428
55$2,832,325$1,972,945$1,767,180$2,769,974
56$3,093,076$2,041,473$1,798,234$2,985,660
57$3,379,537$2,112,472$1,829,441$3,221,274
58$3,694,302$2,186,035$1,860,780$3,478,782
59$4,040,229$2,262,260$1,892,225$3,760,350
60$4,420,468$2,341,247$1,923,750$4,068,363
61$4,838,488$2,423,100$1,955,328$4,405,445
62$5,298,111$2,507,929$1,986,928$4,774,487
63$5,803,547$2,595,846$2,018,519$5,178,672
64$6,359,436$2,686,970$2,050,067$5,621,505
65$6,970,889$2,781,422$2,081,535$6,106,846
66$7,643,539$2,879,330$2,112,885$6,638,946
67$8,383,590$2,980,828$2,144,077$7,222,486
68$9,197,879$3,086,051$2,175,066$7,862,623
69$10,093,939$3,195,144$2,205,807$8,565,036
70$11,080,070$3,308,255$2,236,251$9,335,981
71$12,165,418$3,425,540$2,266,346$10,182,347
72$13,360,059$3,547,161$2,296,038$11,111,725
73$14,675,098$3,673,285$2,325,268$12,132,476
74$16,122,769$3,804,086$2,353,975$13,253,808
75$17,716,552$3,939,747$2,382,094$14,485,867
76$19,471,303$4,080,458$2,409,557$15,839,829
77$21,403,390$4,226,414$2,436,291$17,328,008
78$23,530,850$4,377,822$2,462,221$18,963,966
79$25,873,556$4,534,895$2,487,265$20,762,648
80$28,453,409$4,697,855$2,511,338$22,740,516
81$31,294,541$4,866,934$2,534,352$24,915,709
82$34,423,542$5,042,372$2,556,211$27,308,209
83$37,869,716$5,224,421$2,576,817$29,940,034
84$41,665,352$5,413,342$2,596,065$32,835,441
85$45,846,029$5,609,408$2,613,845$36,021,155
86$50,450,956$5,812,901$2,630,041$39,526,624
87$55,523,338$6,024,117$2,644,531$43,384,292
88$61,110,784$6,243,364$2,657,188$47,629,908
89$67,265,757$6,470,962$2,667,877$52,302,861
90$74,046,070$6,707,245$2,676,457$57,446,549
91$81,515,430$6,952,561$2,682,779$63,108,794
92$89,744,039$7,207,272$2,686,688$69,342,286
93$98,809,259$7,471,756$2,688,020$76,205,084
94$108,796,338$7,746,407$2,686,603$83,761,161
95$119,799,218$8,031,634$2,682,258$92,081,007
96$131,921,420$8,327,866$2,674,795$101,242,297
97$145,277,021$8,635,547$2,664,017$111,330,617
98$159,991,731$8,955,143$2,649,715$122,440,277
99$176,204,080$9,287,137$2,631,673$134,675,197
100$194,066,724$9,632,035$2,609,662$148,149,887