Can I retire at age 49 with 1,350,000?

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$111,482$110,489$109,520$108,574$107,651$105,006
2 years$55,189$54,161$53,165$52,199$51,262$48,614
3 years$36,427$35,395$34,401$33,445$32,523$29,954
4 years$27,048$26,019$25,035$24,095$23,196$20,726
5 years$21,422$20,399$19,428$18,507$17,633$15,269
6 years$17,673$16,657$15,701$14,800$13,952$11,697
7 years$14,996$13,989$13,048$12,168$11,347$9,200
8 years$12,989$11,991$11,065$10,208$9,413$7,374
9 years$11,429$10,440$9,531$8,695$7,927$5,994
10 years$10,181$9,203$8,309$7,495$6,755$4,925
11 years$9,161$8,193$7,315$6,523$5,809$4,081
12 years$8,312$7,353$6,492$5,721$5,034$3,404
13 years$7,594$6,645$5,800$5,051$4,390$2,854
14 years$6,979$6,040$5,211$4,484$3,848$2,404
15 years$6,446$5,518$4,705$3,999$3,388$2,033
16 years$5,981$5,063$4,266$3,580$2,994$1,724
17 years$5,571$4,662$3,882$3,217$2,655$1,465
18 years$5,206$4,308$3,544$2,899$2,361$1,248
19 years$4,881$3,993$3,244$2,620$2,104$1,065
20 years$4,588$3,710$2,977$2,373$1,880$910
21 years$4,324$3,456$2,738$2,153$1,682$779
22 years$4,084$3,226$2,524$1,958$1,508$667
23 years$3,865$3,017$2,330$1,783$1,353$572
24 years$3,665$2,827$2,155$1,626$1,216$491
25 years$3,481$2,653$1,996$1,485$1,095$421
26 years$3,311$2,493$1,851$1,358$986$362
27 years$3,154$2,347$1,719$1,243$889$311
28 years$3,009$2,211$1,598$1,139$802$268
29 years$2,874$2,086$1,487$1,044$724$230
30 years$2,748$1,970$1,385$958$654$198
31 years$2,631$1,862$1,291$880$592$170
32 years$2,521$1,762$1,205$809$535$147
33 years$2,418$1,669$1,125$744$484$126
34 years$2,321$1,582$1,051$684$439$109
35 years$2,230$1,500$983$630$397$94
36 years$2,144$1,424$919$580$360$81
37 years$2,063$1,352$861$535$326$70
38 years$1,987$1,285$806$493$296$60
39 years$1,914$1,222$755$454$268$52
40 years$1,846$1,163$708$419$243$44
41 years$1,781$1,107$664$387$221$38
42 years$1,719$1,054$622$357$200$33
43 years$1,660$1,004$584$329$182$28
44 years$1,604$957$548$304$165$25
45 years$1,551$913$515$281$150$21
46 years$1,500$871$484$259$136$18
47 years$1,451$831$454$240$123$16
48 years$1,405$793$427$222$112$14
49 years$1,361$758$401$205$102$12
50 years$1,318$724$377$189$92$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,350,000, adding $6,815 every year, while hoping to spend $29,573 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: 48/29/23 Blend
48$1,350,000$1,350,000$1,350,000$1,350,000
49$1,494,730$1,423,180$1,402,255$1,556,422
50$1,615,727$1,461,450$1,417,765$1,638,482
51$1,748,074$1,500,604$1,432,803$1,724,045
52$1,892,899$1,540,655$1,447,323$1,816,359
53$2,051,441$1,581,614$1,461,275$1,916,073
54$2,225,066$1,623,491$1,474,606$2,023,899
55$2,415,280$1,666,299$1,487,262$2,140,625
56$2,623,737$1,710,047$1,499,185$2,267,115
57$2,852,264$1,754,744$1,510,312$2,404,324
58$3,102,869$1,800,400$1,520,582$2,553,301
59$3,377,765$1,847,024$1,529,925$2,715,204
60$3,679,390$1,894,621$1,538,270$2,891,308
61$4,010,429$1,943,199$1,545,544$3,083,018
62$4,373,840$1,992,763$1,551,667$3,291,880
63$4,772,882$2,043,318$1,556,558$3,519,600
64$5,211,142$2,094,867$1,560,128$3,768,058
65$5,692,574$2,147,411$1,562,289$4,039,323
66$6,221,534$2,200,952$1,562,943$4,335,677
67$6,802,821$2,255,489$1,561,991$4,659,634
68$7,441,719$2,311,018$1,559,329$5,013,964
69$8,144,052$2,367,536$1,554,844$5,401,721
70$8,916,237$2,425,037$1,548,423$5,826,268
71$9,765,342$2,483,512$1,539,944$6,291,314
72$10,699,154$2,542,952$1,529,279$6,800,946
73$11,726,255$2,603,343$1,516,297$7,359,665
74$12,856,097$2,664,671$1,500,857$7,972,436
75$14,099,096$2,726,917$1,482,813$8,644,727
76$15,466,729$2,790,061$1,462,012$9,382,568
77$16,971,640$2,854,079$1,438,295$10,192,600
78$18,627,763$2,918,944$1,411,493$11,082,147
79$20,450,448$2,984,626$1,381,431$12,059,277
80$22,456,611$3,051,090$1,347,926$13,132,884
81$24,664,889$3,118,297$1,310,785$14,312,770
82$27,095,819$3,186,205$1,269,808$15,609,736
83$29,772,030$3,254,766$1,224,784$17,035,689
84$32,718,456$3,323,929$1,175,494$18,603,749
85$35,962,573$3,393,636$1,121,707$20,328,379
86$39,534,654$3,463,823$1,063,183$22,225,516
87$43,468,061$3,534,423$999,672$24,312,725
88$47,799,553$3,605,359$930,911$26,609,367
89$52,569,637$3,676,550$856,625$29,136,778
90$57,822,946$3,747,908$776,529$31,918,472
91$63,608,666$3,819,335$690,322$34,980,366
92$69,980,994$3,890,727$597,692$38,351,023
93$76,999,654$3,961,970$498,313$42,061,922
94$84,730,456$4,032,944$391,843$46,147,756
95$93,245,920$4,103,516$277,928$50,646,761
96$102,625,959$4,173,544$156,194$55,601,077
97$112,958,635$4,242,875$26,254$61,057,145
98$124,340,985$4,311,346$0$67,066,150
99$136,879,943$4,378,779$0$73,712,089
100$150,693,345$4,444,987$0$81,038,211