Can I retire at age 49 with 1,360,000?

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 $1,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$112,308$111,307$110,331$109,379$108,448$104,935
2 years$55,598$54,562$53,559$52,586$51,642$48,135
3 years$36,697$35,657$34,656$33,692$32,764$29,374
4 years$27,248$26,212$25,221$24,273$23,367$20,120
5 years$21,581$20,550$19,572$18,644$17,764$14,668
6 years$17,804$16,781$15,817$14,910$14,056$11,114
7 years$15,107$14,093$13,144$12,258$11,431$8,643
8 years$13,085$12,080$11,147$10,283$9,483$6,846
9 years$11,513$10,518$9,601$8,759$7,986$5,498
10 years$10,257$9,271$8,371$7,550$6,805$4,461
11 years$9,229$8,253$7,369$6,571$5,852$3,649
12 years$8,374$7,408$6,540$5,764$5,071$3,004
13 years$7,650$6,694$5,843$5,088$4,422$2,486
14 years$7,031$6,085$5,250$4,517$3,877$2,065
15 years$6,494$5,559$4,740$4,028$3,413$1,721
16 years$6,025$5,100$4,298$3,607$3,017$1,439
17 years$5,612$4,697$3,911$3,241$2,675$1,205
18 years$5,245$4,340$3,570$2,921$2,378$1,012
19 years$4,917$4,022$3,268$2,639$2,120$850
20 years$4,622$3,738$2,999$2,390$1,893$716
21 years$4,356$3,482$2,759$2,169$1,694$603
22 years$4,114$3,250$2,543$1,972$1,519$509
23 years$3,893$3,040$2,348$1,796$1,363$429
24 years$3,692$2,848$2,171$1,638$1,225$362
25 years$3,506$2,673$2,011$1,496$1,103$306
26 years$3,335$2,512$1,865$1,368$993$259
27 years$3,178$2,364$1,732$1,252$896$219
28 years$3,031$2,228$1,610$1,147$808$185
29 years$2,895$2,101$1,498$1,052$730$157
30 years$2,768$1,985$1,396$966$659$133
31 years$2,650$1,876$1,301$887$596$112
32 years$2,539$1,775$1,214$815$539$95
33 years$2,436$1,681$1,133$749$488$81
34 years$2,338$1,593$1,059$690$442$68
35 years$2,246$1,511$990$635$400$58
36 years$2,160$1,434$926$585$363$49
37 years$2,078$1,362$867$539$329$41
38 years$2,001$1,295$812$496$298$35
39 years$1,928$1,231$761$458$270$30
40 years$1,859$1,171$713$422$245$25
41 years$1,794$1,115$668$390$222$21
42 years$1,731$1,062$627$360$202$18
43 years$1,672$1,012$588$332$183$15
44 years$1,616$964$552$306$166$13
45 years$1,562$920$519$283$151$11
46 years$1,511$877$487$261$137$9
47 years$1,462$837$458$242$124$8
48 years$1,415$799$430$223$113$7
49 years$1,371$763$404$206$103$6
50 years$1,328$729$380$191$93$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,360,000, adding $5,119 every year, while hoping to spend $25,264 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: 57/16/27 Blend
48$1,360,000$1,360,000$1,360,000$1,360,000
49$1,504,000$1,431,920$1,410,840$1,578,348
50$1,630,528$1,475,204$1,431,223$1,673,190
51$1,769,114$1,519,761$1,451,441$1,773,426
52$1,920,963$1,565,629$1,471,464$1,882,159
53$2,087,399$1,612,843$1,491,256$2,000,219
54$2,269,883$1,661,441$1,510,782$2,128,520
55$2,470,021$1,711,462$1,530,003$2,268,066
56$2,689,585$1,762,945$1,548,880$2,419,965
57$2,930,524$1,815,931$1,567,369$2,585,437
58$3,194,987$1,870,461$1,585,426$2,765,827
59$3,485,340$1,926,578$1,603,002$2,962,614
60$3,804,190$1,984,325$1,620,047$3,177,429
61$4,154,408$2,043,748$1,636,509$3,412,069
62$4,539,157$2,104,891$1,652,332$3,668,512
63$4,961,922$2,167,801$1,667,456$3,948,939
64$5,426,541$2,232,527$1,681,819$4,255,752
65$5,937,245$2,299,118$1,695,357$4,591,597
66$6,498,692$2,367,623$1,707,999$4,959,391
67$7,116,016$2,438,094$1,719,675$5,362,348
68$7,794,873$2,510,583$1,730,307$5,804,005
69$8,541,493$2,585,145$1,739,815$6,288,266
70$9,362,742$2,661,833$1,748,116$6,819,428
71$10,266,184$2,740,705$1,755,120$7,402,226
72$11,260,152$2,821,818$1,760,734$8,041,880
73$12,353,831$2,905,230$1,764,862$8,744,141
74$13,557,336$2,991,001$1,767,399$9,515,344
75$14,881,817$3,079,193$1,768,240$10,362,474
76$16,339,557$3,169,867$1,767,270$11,293,224
77$17,944,089$3,263,088$1,764,371$12,316,075
78$19,710,327$3,358,920$1,759,418$13,440,369
79$21,654,704$3,457,431$1,752,282$14,676,404
80$23,795,325$3,558,687$1,742,825$16,035,526
81$26,152,143$3,662,757$1,730,905$17,530,239
82$28,747,142$3,769,713$1,716,371$19,174,324
83$31,604,547$3,879,625$1,699,065$20,982,964
84$34,751,050$3,992,566$1,678,823$22,972,893
85$38,216,066$4,108,611$1,655,473$25,162,552
86$42,032,007$4,227,834$1,628,833$27,572,262
87$46,234,587$4,350,314$1,598,715$30,224,417
88$50,863,163$4,476,128$1,564,920$33,143,697
89$55,961,103$4,605,355$1,527,242$36,357,299
90$61,576,194$4,738,076$1,485,463$39,895,193
91$67,761,096$4,874,372$1,439,356$43,790,407
92$74,573,839$5,014,327$1,388,686$48,079,341
93$82,078,367$5,158,025$1,333,203$52,802,105
94$90,345,143$5,305,551$1,272,648$58,002,902
95$99,451,816$5,456,992$1,206,750$63,730,445
96$109,483,951$5,612,434$1,135,226$70,038,418
97$120,535,837$5,771,966$1,057,779$76,985,979
98$132,711,378$5,935,679$974,100$84,638,324
99$146,125,072$6,103,661$883,866$93,067,298
100$160,903,093$6,276,003$786,739$102,352,077