Can I retire at age 48 with 1,750,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$144,513$143,226$141,970$140,744$139,547$135,515
2 years$71,541$70,209$68,918$67,666$66,451$62,421
3 years$47,220$45,882$44,594$43,354$42,159$38,257
4 years$35,062$33,728$32,453$31,234$30,068$26,324
5 years$27,769$26,443$25,185$23,991$22,858$19,281
6 years$22,909$21,593$20,353$19,186$18,086$14,682
7 years$19,439$18,134$16,914$15,774$14,709$11,476
8 years$16,837$15,544$14,344$13,232$12,203$9,139
9 years$14,815$13,534$12,355$11,271$10,276$7,380
10 years$13,198$11,929$10,771$9,716$8,756$6,022
11 years$11,876$10,620$9,483$8,455$7,530$4,955
12 years$10,775$9,532$8,416$7,417$6,526$4,103
13 years$9,844$8,614$7,519$6,548$5,691$3,416
14 years$9,047$7,830$6,756$5,812$4,988$2,855
15 years$8,357$7,153$6,099$5,184$4,392$2,395
16 years$7,753$6,563$5,530$4,641$3,882$2,015
17 years$7,221$6,044$5,032$4,170$3,442$1,699
18 years$6,749$5,585$4,594$3,758$3,060$1,436
19 years$6,327$5,176$4,205$3,396$2,728$1,215
20 years$5,948$4,810$3,859$3,076$2,436$1,030
21 years$5,605$4,480$3,550$2,791$2,180$874
22 years$5,294$4,182$3,272$2,538$1,954$742
23 years$5,010$3,911$3,021$2,311$1,754$631
24 years$4,750$3,665$2,794$2,108$1,577$536
25 years$4,512$3,439$2,588$1,925$1,419$457
26 years$4,292$3,232$2,400$1,760$1,278$389
27 years$4,089$3,042$2,229$1,611$1,152$331
28 years$3,900$2,866$2,072$1,476$1,040$282
29 years$3,725$2,704$1,928$1,354$939$241
30 years$3,562$2,554$1,796$1,242$848$205
31 years$3,410$2,414$1,674$1,141$767$175
32 years$3,268$2,284$1,562$1,049$694$149
33 years$3,134$2,163$1,458$964$628$127
34 years$3,009$2,050$1,363$887$568$109
35 years$2,891$1,945$1,274$817$515$93
36 years$2,779$1,846$1,192$752$467$79
37 years$2,674$1,753$1,116$693$423$68
38 years$2,575$1,666$1,045$639$383$58
39 years$2,481$1,584$979$589$348$49
40 years$2,393$1,507$917$543$315$42
41 years$2,308$1,435$860$501$286$36
42 years$2,228$1,366$807$463$260$31
43 years$2,152$1,302$757$427$236$26
44 years$2,079$1,241$711$394$214$22
45 years$2,010$1,183$667$364$194$19
46 years$1,944$1,129$627$336$176$16
47 years$1,881$1,077$589$311$160$14
48 years$1,821$1,028$553$287$145$12
49 years$1,764$982$520$265$132$10
50 years$1,709$938$489$245$120$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 48 starting with $1,750,000, adding $4,313 every year, while hoping to spend $55,370 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: 33/37/30 Blend
47$1,750,000$1,750,000$1,750,000$1,750,000
48$1,932,949$1,840,199$1,813,074$1,979,041
49$2,071,196$1,871,455$1,814,899$2,045,932
50$2,221,689$1,902,388$1,814,929$2,112,790
51$2,385,618$1,932,921$1,813,046$2,183,790
52$2,564,294$1,962,977$1,809,125$2,259,339
53$2,759,157$1,992,468$1,803,036$2,339,888
54$2,971,796$2,021,304$1,794,642$2,425,935
55$3,203,957$2,049,385$1,783,800$2,518,034
56$3,457,563$2,076,607$1,770,360$2,616,798
57$3,734,731$2,102,858$1,754,164$2,722,902
58$4,037,791$2,128,016$1,735,046$2,837,097
59$4,369,311$2,151,954$1,712,835$2,960,214
60$4,732,115$2,174,534$1,687,350$3,093,170
61$5,129,315$2,195,610$1,658,400$3,236,981
62$5,564,336$2,215,026$1,625,788$3,392,773
63$6,040,953$2,232,617$1,589,306$3,561,787
64$6,563,320$2,248,205$1,548,737$3,745,400
65$7,136,013$2,261,601$1,503,854$3,945,132
66$7,764,072$2,272,606$1,454,420$4,162,664
67$8,453,050$2,281,006$1,400,185$4,399,857
68$9,209,060$2,286,574$1,340,890$4,658,765
69$10,038,838$2,289,070$1,276,264$4,941,661
70$10,949,802$2,288,237$1,206,022$5,251,054
71$11,950,126$2,283,805$1,129,867$5,589,719
72$13,048,811$2,275,483$1,047,490$5,960,723
73$14,255,774$2,262,967$958,566$6,367,453
74$15,581,942$2,245,931$862,756$6,813,650
75$17,039,349$2,224,030$759,707$7,303,450
76$18,641,255$2,196,900$649,050$7,841,416
77$20,402,268$2,164,153$530,398$8,432,593
78$22,338,482$2,125,379$403,349$9,082,550
79$24,467,628$2,080,144$267,482$9,797,434
80$26,809,241$2,027,986$122,358$10,584,037
81$29,384,846$1,968,419$0$11,449,854
82$32,218,155$1,900,927$0$12,413,568
83$35,335,298$1,824,963$0$13,516,383
84$38,765,062$1,739,951$0$14,729,333
85$42,539,168$1,645,277$0$16,063,715
86$46,692,565$1,540,297$0$17,531,986
87$51,263,761$1,424,327$0$19,147,885
88$56,295,190$1,296,644$0$20,926,560
89$61,833,603$1,156,483$0$22,884,715
90$67,930,518$1,003,039$0$25,040,770
91$74,642,700$835,457$0$27,415,035
92$82,032,698$652,836$0$30,029,907
93$90,169,433$454,225$0$32,910,077
94$99,128,851$238,618$0$36,082,773
95$108,994,637$4,954$0$39,578,013
96$119,859,005$0$0$43,428,895
97$131,823,566$0$0$47,772,837
98$145,000,289$0$0$52,559,451
99$159,512,556$0$0$57,831,584
100$175,496,324$0$0$63,638,674