Can I retire at age 49 with 1,250,000?

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 $1,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$103,224$102,304$101,407$100,532$99,677$96,680
2 years$51,101$50,149$49,227$48,333$47,465$44,471
3 years$33,729$32,773$31,853$30,967$30,114$27,216
4 years$25,045$24,092$23,181$22,310$21,477$18,699
5 years$19,835$18,888$17,989$17,136$16,327$13,675
6 years$16,364$15,424$14,538$13,704$12,919$10,395
7 years$13,885$12,953$12,081$11,267$10,506$8,112
8 years$12,027$11,103$10,246$9,451$8,716$6,449
9 years$10,582$9,667$8,825$8,051$7,340$5,198
10 years$9,427$8,521$7,694$6,940$6,254$4,233
11 years$8,483$7,586$6,773$6,040$5,379$3,476
12 years$7,696$6,809$6,011$5,298$4,661$2,873
13 years$7,031$6,153$5,371$4,677$4,065$2,387
14 years$6,462$5,593$4,825$4,152$3,563$1,991
15 years$5,969$5,109$4,357$3,703$3,137$1,667
16 years$5,538$4,688$3,950$3,315$2,773$1,399
17 years$5,158$4,317$3,594$2,979$2,458$1,177
18 years$4,821$3,989$3,281$2,684$2,186$993
19 years$4,519$3,697$3,004$2,426$1,948$838
20 years$4,248$3,436$2,757$2,197$1,740$709
21 years$4,004$3,200$2,536$1,994$1,557$600
22 years$3,781$2,987$2,337$1,813$1,396$508
23 years$3,579$2,794$2,158$1,651$1,253$431
24 years$3,393$2,618$1,996$1,506$1,126$366
25 years$3,223$2,457$1,848$1,375$1,014$311
26 years$3,066$2,309$1,714$1,257$913$264
27 years$2,921$2,173$1,592$1,151$823$224
28 years$2,786$2,047$1,480$1,054$743$191
29 years$2,661$1,931$1,377$967$671$162
30 years$2,544$1,824$1,283$887$606$138
31 years$2,436$1,724$1,196$815$548$117
32 years$2,334$1,632$1,116$749$496$100
33 years$2,239$1,545$1,042$689$448$85
34 years$2,149$1,464$973$634$406$72
35 years$2,065$1,389$910$583$368$62
36 years$1,985$1,318$851$537$333$52
37 years$1,910$1,252$797$495$302$45
38 years$1,840$1,190$746$456$274$38
39 years$1,772$1,132$699$421$248$32
40 years$1,709$1,077$655$388$225$28
41 years$1,649$1,025$614$358$204$23
42 years$1,591$976$576$330$185$20
43 years$1,537$930$541$305$168$17
44 years$1,485$886$508$282$153$14
45 years$1,436$845$477$260$139$12
46 years$1,389$806$448$240$126$11
47 years$1,344$770$421$222$114$9
48 years$1,301$735$395$205$104$8
49 years$1,260$702$372$190$94$6
50 years$1,220$670$349$175$86$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,250,000, adding $3,907 every year, while hoping to spend $23,484 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: 68/20/12 Blend
48$1,250,000$1,250,000$1,250,000$1,250,000
49$1,381,530$1,315,280$1,295,905$1,471,592
50$1,497,459$1,354,742$1,314,331$1,571,443
51$1,624,426$1,395,350$1,332,587$1,677,436
52$1,763,532$1,437,137$1,350,643$1,792,750
53$1,915,989$1,480,133$1,368,467$1,918,296
54$2,083,133$1,524,373$1,386,023$2,055,077
55$2,266,434$1,569,889$1,403,277$2,204,199
56$2,467,514$1,616,716$1,420,189$2,366,878
57$2,688,155$1,664,890$1,436,721$2,544,454
58$2,930,323$1,714,447$1,452,828$2,738,401
59$3,196,184$1,765,423$1,468,465$2,950,345
60$3,488,123$1,817,856$1,483,587$3,182,074
61$3,808,766$1,871,785$1,498,141$3,435,560
62$4,161,007$1,927,250$1,512,076$3,712,972
63$4,548,035$1,984,291$1,525,336$4,016,702
64$4,973,362$2,042,948$1,537,862$4,349,383
65$5,440,857$2,103,265$1,549,592$4,713,916
66$5,954,783$2,165,284$1,560,463$5,113,495
67$6,519,837$2,229,049$1,570,404$5,551,643
68$7,141,193$2,294,605$1,579,346$6,032,236
69$7,824,552$2,361,998$1,587,211$6,559,546
70$8,576,195$2,431,274$1,593,921$7,138,281
71$9,403,042$2,502,481$1,599,392$7,773,627
72$10,312,717$2,575,668$1,603,537$8,471,295
73$11,313,622$2,650,883$1,606,263$9,237,581
74$12,415,013$2,728,178$1,607,474$10,079,420
75$13,627,089$2,807,604$1,607,070$11,004,453
76$14,961,088$2,889,212$1,604,942$12,021,098
77$16,429,392$2,973,056$1,600,981$13,138,632
78$18,045,644$3,059,191$1,595,068$14,367,276
79$19,824,879$3,147,670$1,587,082$15,718,291
80$21,783,661$3,238,550$1,576,893$17,204,088
81$23,940,242$3,331,887$1,564,367$18,838,339
82$26,314,737$3,427,739$1,549,363$20,636,110
83$28,929,306$3,526,165$1,531,733$22,614,004
84$31,808,372$3,627,223$1,511,322$24,790,313
85$34,978,842$3,730,973$1,487,968$27,185,195
86$38,470,370$3,837,477$1,461,501$29,820,863
87$42,315,630$3,946,796$1,431,744$32,721,791
88$46,550,628$4,058,992$1,398,510$35,914,952
89$51,215,037$4,174,127$1,361,605$39,430,065
90$56,352,577$4,292,266$1,320,826$43,299,880
91$62,011,425$4,413,473$1,275,959$47,560,485
92$68,244,669$4,537,811$1,226,782$52,251,649
93$75,110,808$4,665,347$1,173,061$57,417,195
94$82,674,306$4,796,145$1,114,555$63,105,412
95$91,006,201$4,930,271$1,051,008$69,369,515
96$100,184,770$5,067,791$982,154$76,268,145
97$110,296,276$5,208,773$907,715$83,865,921
98$121,435,774$5,353,280$827,402$92,234,054
99$133,708,014$5,501,382$740,910$101,451,015
100$147,228,424$5,653,142$647,923$111,603,275