Can I retire at age 49 with 1,310,000?

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 $1,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$108,179$107,215$106,275$105,357$104,461$103,890
2 years$53,554$52,556$51,590$50,653$49,743$49,167
3 years$35,348$34,346$33,382$32,454$31,559$30,996
4 years$26,247$25,248$24,294$23,381$22,508$21,962
5 years$20,787$19,795$18,853$17,959$17,110$16,582
6 years$17,149$16,164$15,236$14,362$13,539$13,030
7 years$14,551$13,574$12,661$11,808$11,011$10,522
8 years$12,604$11,636$10,738$9,905$9,135$8,665
9 years$11,090$10,131$9,248$8,437$7,693$7,242
10 years$9,880$8,930$8,063$7,273$6,554$6,124
11 years$8,890$7,950$7,098$6,329$5,637$5,225
12 years$8,066$7,135$6,300$5,552$4,885$4,492
13 years$7,369$6,448$5,628$4,901$4,260$3,885
14 years$6,772$5,861$5,057$4,351$3,734$3,377
15 years$6,255$5,354$4,566$3,880$3,288$2,948
16 years$5,804$4,913$4,140$3,474$2,906$2,583
17 years$5,406$4,524$3,767$3,122$2,576$2,270
18 years$5,052$4,181$3,439$2,813$2,291$2,000
19 years$4,736$3,875$3,148$2,542$2,042$1,767
20 years$4,452$3,600$2,889$2,302$1,824$1,563
21 years$4,196$3,354$2,657$2,089$1,632$1,386
22 years$3,963$3,131$2,449$1,900$1,463$1,230
23 years$3,750$2,928$2,261$1,730$1,313$1,094
24 years$3,556$2,743$2,091$1,578$1,180$974
25 years$3,377$2,574$1,937$1,441$1,062$867
26 years$3,213$2,420$1,797$1,318$957$774
27 years$3,061$2,277$1,668$1,206$863$690
28 years$2,920$2,146$1,551$1,105$778$617
29 years$2,789$2,024$1,443$1,013$703$551
30 years$2,667$1,912$1,344$930$635$493
31 years$2,553$1,807$1,253$854$574$441
32 years$2,446$1,710$1,169$785$519$395
33 years$2,346$1,619$1,092$722$470$353
34 years$2,252$1,535$1,020$664$426$316
35 years$2,164$1,456$954$611$385$284
36 years$2,081$1,382$892$563$349$254
37 years$2,002$1,312$835$519$317$228
38 years$1,928$1,247$782$478$287$204
39 years$1,858$1,186$733$441$260$183
40 years$1,791$1,128$687$407$236$164
41 years$1,728$1,074$644$375$214$147
42 years$1,668$1,023$604$346$194$132
43 years$1,611$975$567$320$176$119
44 years$1,556$929$532$295$160$107
45 years$1,505$886$500$273$145$96
46 years$1,455$845$469$252$132$86
47 years$1,408$806$441$233$120$77
48 years$1,363$770$414$215$109$69
49 years$1,320$735$389$199$99$62
50 years$1,279$702$366$184$90$56

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,310,000, adding $5,957 every year, while hoping to spend $37,247 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: 39/50/11 Blend
48$1,310,000$1,310,000$1,310,000$1,310,000
49$1,449,765$1,380,335$1,360,030$1,501,263
50$1,558,010$1,408,341$1,365,960$1,566,259
51$1,676,048$1,436,470$1,370,841$1,632,383
52$1,804,839$1,464,691$1,374,598$1,703,051
53$1,945,437$1,492,966$1,377,152$1,778,688
54$2,099,007$1,521,256$1,378,421$1,859,765
55$2,266,828$1,549,520$1,378,320$1,946,800
56$2,450,308$1,577,710$1,376,758$2,040,364
57$2,651,000$1,605,778$1,373,640$2,141,086
58$2,870,611$1,633,671$1,368,866$2,249,663
59$3,111,023$1,661,330$1,362,333$2,366,861
60$3,374,307$1,688,695$1,353,930$2,493,524
61$3,662,743$1,715,698$1,343,544$2,630,586
62$3,978,844$1,742,268$1,331,053$2,779,076
63$4,325,375$1,768,329$1,316,333$2,940,127
64$4,705,385$1,793,798$1,299,252$3,114,991
65$5,122,229$1,818,589$1,279,671$3,305,050
66$5,579,603$1,842,606$1,257,447$3,511,825
67$6,081,578$1,865,750$1,232,427$3,736,998
68$6,632,640$1,887,913$1,204,455$3,982,422
69$7,237,729$1,908,980$1,173,363$4,250,140
70$7,902,286$1,928,829$1,138,980$4,542,409
71$8,632,307$1,947,329$1,101,124$4,861,714
72$9,434,396$1,964,341$1,059,605$5,210,802
73$10,315,828$1,979,718$1,014,225$5,592,697
74$11,284,618$1,993,300$964,777$6,010,740
75$12,349,597$2,004,920$911,045$6,468,611
76$13,520,494$2,014,398$852,803$6,970,373
77$14,808,026$2,021,545$789,813$7,520,506
78$16,224,002$2,026,158$721,829$8,123,951
79$17,781,432$2,028,022$648,593$8,786,158
80$19,494,652$2,026,909$569,835$9,513,136
81$21,379,455$2,022,576$485,272$10,311,516
82$23,453,243$2,014,766$394,612$11,188,607
83$25,735,189$2,003,205$297,547$12,152,472
84$28,246,420$1,987,603$193,757$13,212,003
85$31,010,213$1,967,654$82,906$14,377,004
86$34,052,216$1,943,031$0$15,658,288
87$37,400,691$1,913,389$0$17,071,933
88$41,086,778$1,878,361$0$18,637,588
89$45,144,789$1,837,560$0$20,360,055
90$49,612,533$1,790,576$0$22,255,367
91$54,531,670$1,736,973$0$24,341,202
92$59,948,108$1,676,292$0$26,637,047
93$65,912,429$1,608,044$0$29,164,387
94$72,480,374$1,531,715$0$31,946,907
95$79,713,362$1,446,760$0$35,010,719
96$87,679,076$1,352,602$0$38,384,607
97$96,452,093$1,248,631$0$42,100,303
98$106,114,595$1,134,202$0$46,192,791
99$116,757,140$1,008,635$0$50,700,631
100$128,479,519$871,209$0$55,666,334