Can I retire at age 49 with 1,380,000?

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$113,959$112,944$111,954$110,987$110,043$108,399
2 years$56,415$55,365$54,346$53,359$52,401$50,748
3 years$37,237$36,181$35,166$34,188$33,246$31,635
4 years$27,649$26,597$25,592$24,630$23,711$22,156
5 years$21,898$20,853$19,860$18,918$18,025$16,530
6 years$18,065$17,028$16,050$15,129$14,262$12,829
7 years$15,329$14,300$13,338$12,439$11,599$10,227
8 years$13,277$12,258$11,311$10,434$9,623$8,313
9 years$11,683$10,672$9,742$8,888$8,104$6,855
10 years$10,407$9,407$8,494$7,661$6,905$5,716
11 years$9,365$8,375$7,478$6,668$5,938$4,808
12 years$8,497$7,517$6,636$5,848$5,146$4,074
13 years$7,763$6,793$5,929$5,163$4,487$3,471
14 years$7,134$6,175$5,327$4,583$3,934$2,972
15 years$6,590$5,641$4,810$4,088$3,463$2,554
16 years$6,114$5,175$4,361$3,660$3,061$2,203
17 years$5,695$4,766$3,968$3,288$2,714$1,905
18 years$5,322$4,404$3,622$2,964$2,413$1,651
19 years$4,989$4,082$3,316$2,678$2,151$1,435
20 years$4,690$3,793$3,043$2,425$1,921$1,248
21 years$4,420$3,533$2,799$2,201$1,719$1,088
22 years$4,174$3,298$2,580$2,001$1,541$949
23 years$3,951$3,084$2,382$1,823$1,383$829
24 years$3,746$2,890$2,203$1,662$1,243$725
25 years$3,558$2,712$2,041$1,518$1,119$634
26 years$3,384$2,549$1,893$1,388$1,008$556
27 years$3,224$2,399$1,757$1,271$909$487
28 years$3,076$2,260$1,634$1,164$820$427
29 years$2,938$2,132$1,520$1,068$740$375
30 years$2,809$2,014$1,416$980$669$329
31 years$2,689$1,904$1,320$900$605$289
32 years$2,577$1,801$1,232$827$547$253
33 years$2,471$1,706$1,150$760$495$223
34 years$2,372$1,617$1,075$700$448$196
35 years$2,279$1,533$1,005$644$406$172
36 years$2,192$1,455$940$593$368$151
37 years$2,109$1,382$880$547$333$133
38 years$2,031$1,314$824$504$302$117
39 years$1,957$1,249$772$464$274$103
40 years$1,887$1,189$723$428$249$90
41 years$1,820$1,131$678$395$226$80
42 years$1,757$1,078$636$365$205$70
43 years$1,697$1,027$597$337$186$62
44 years$1,640$979$560$311$169$54
45 years$1,585$933$526$287$153$48
46 years$1,533$890$494$265$139$42
47 years$1,484$850$464$245$126$37
48 years$1,436$811$436$226$115$32
49 years$1,391$774$410$209$104$29
50 years$1,347$740$386$193$95$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,380,000, adding $3,033 every year, while hoping to spend $52,478 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: 63/14/23 Blend
48$1,380,000$1,380,000$1,380,000$1,380,000
49$1,523,889$1,450,749$1,429,359$1,610,551
50$1,623,489$1,465,999$1,421,406$1,684,697
51$1,731,490$1,480,238$1,411,428$1,759,535
52$1,848,693$1,493,360$1,399,302$1,840,092
53$1,975,979$1,505,254$1,384,897$1,926,932
54$2,114,317$1,515,801$1,368,081$2,020,679
55$2,264,776$1,524,873$1,348,709$2,122,020
56$2,428,527$1,532,336$1,326,635$2,231,717
57$2,606,862$1,538,046$1,301,702$2,350,607
58$2,801,202$1,541,850$1,273,750$2,479,616
59$3,013,110$1,543,587$1,242,606$2,619,765
60$3,244,308$1,543,083$1,208,094$2,772,183
61$3,496,690$1,540,157$1,170,028$2,938,112
62$3,772,341$1,534,613$1,128,212$3,118,926
63$4,073,557$1,526,246$1,082,444$3,316,141
64$4,402,864$1,514,836$1,032,511$3,531,428
65$4,763,045$1,500,152$978,189$3,766,633
66$5,157,165$1,481,948$919,247$4,023,791
67$5,588,595$1,459,963$855,441$4,305,148
68$6,061,051$1,433,921$786,518$4,613,182
69$6,578,625$1,403,529$712,213$4,950,629
70$7,145,820$1,368,478$632,247$5,320,504
71$7,767,598$1,328,438$546,332$5,726,135
72$8,449,425$1,283,063$454,166$6,171,193
73$9,197,318$1,231,985$355,432$6,659,729
74$10,017,906$1,174,814$249,801$7,196,209
75$10,918,493$1,111,140$136,929$7,785,560
76$11,907,120$1,040,526$16,457$8,433,218
77$12,992,647$962,514$0$9,145,178
78$14,184,835$876,615$0$9,955,562
79$15,494,435$782,315$0$10,850,250
80$16,933,290$679,072$0$11,833,341
81$18,514,449$566,310$0$12,913,807
82$20,252,286$443,422$0$14,101,540
83$22,162,638$309,768$0$15,407,438
84$24,262,950$164,670$0$16,843,514
85$26,572,446$7,414$0$18,423,008
86$29,112,303$0$0$20,160,511
87$31,905,853$0$0$22,097,176
88$34,978,804$0$0$24,228,909
89$38,359,481$0$0$26,574,231
90$42,079,091$0$0$29,154,805
91$46,172,020$0$0$31,994,502
92$50,676,156$0$0$35,119,625
93$55,633,242$0$0$38,559,154
94$61,089,277$0$0$42,345,020
95$67,094,943$0$0$46,512,409
96$73,706,086$0$0$51,100,090
97$80,984,240$0$0$56,150,782
98$88,997,210$0$0$61,711,556
99$97,819,710$0$0$67,834,282
100$107,534,065$0$0$74,576,112