Can I retire at age 48 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$148,642$147,318$146,027$144,766$143,535$139,331
2 years$73,585$72,215$70,887$69,599$68,350$64,149
3 years$48,570$47,193$45,868$44,593$43,364$39,297
4 years$36,064$34,692$33,380$32,127$30,928$27,026
5 years$28,563$27,199$25,905$24,676$23,511$19,785
6 years$23,564$22,210$20,935$19,734$18,603$15,057
7 years$19,994$18,652$17,397$16,224$15,129$11,763
8 years$17,318$15,988$14,754$13,610$12,551$9,362
9 years$15,238$13,921$12,708$11,593$10,570$7,555
10 years$13,575$12,270$11,079$9,993$9,006$6,161
11 years$12,215$10,924$9,754$8,697$7,746$5,066
12 years$11,083$9,804$8,656$7,628$6,712$4,192
13 years$10,125$8,860$7,734$6,735$5,853$3,488
14 years$9,305$8,054$6,949$5,978$5,131$2,914
15 years$8,595$7,357$6,274$5,332$4,518$2,442
16 years$7,975$6,750$5,688$4,774$3,993$2,053
17 years$7,428$6,217$5,176$4,289$3,540$1,730
18 years$6,942$5,744$4,725$3,866$3,148$1,461
19 years$6,508$5,324$4,325$3,493$2,806$1,235
20 years$6,118$4,947$3,970$3,163$2,506$1,046
21 years$5,765$4,608$3,651$2,871$2,243$887
22 years$5,445$4,302$3,365$2,610$2,010$753
23 years$5,153$4,023$3,107$2,377$1,804$639
24 years$4,886$3,769$2,874$2,168$1,622$543
25 years$4,641$3,537$2,662$1,980$1,459$462
26 years$4,415$3,325$2,468$1,811$1,315$393
27 years$4,206$3,129$2,292$1,657$1,185$335
28 years$4,012$2,948$2,131$1,518$1,069$285
29 years$3,832$2,781$1,983$1,392$966$243
30 years$3,664$2,627$1,847$1,278$873$207
31 years$3,507$2,483$1,722$1,174$789$176
32 years$3,361$2,350$1,607$1,079$714$150
33 years$3,224$2,225$1,500$992$646$128
34 years$3,095$2,109$1,402$913$585$109
35 years$2,973$2,000$1,310$840$530$93
36 years$2,859$1,898$1,226$774$480$79
37 years$2,751$1,803$1,147$713$435$68
38 years$2,649$1,714$1,074$657$394$58
39 years$2,552$1,629$1,007$606$358$49
40 years$2,461$1,550$944$559$324$42
41 years$2,374$1,476$885$516$294$36
42 years$2,292$1,405$830$476$267$31
43 years$2,213$1,339$779$439$242$26
44 years$2,139$1,276$731$406$220$22
45 years$2,068$1,217$686$375$200$19
46 years$2,000$1,161$645$346$181$16
47 years$1,935$1,108$606$320$165$14
48 years$1,873$1,058$569$295$149$12
49 years$1,814$1,010$535$273$136$10
50 years$1,757$965$503$252$123$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 48 starting with $1,800,000, adding $4,796 every year, while hoping to spend $53,201 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: 48/42/10 Blend
47$1,800,000$1,800,000$1,800,000$1,800,000
48$1,988,547$1,893,147$1,865,247$2,078,357
49$2,134,773$1,929,306$1,871,127$2,176,730
50$2,294,132$1,965,453$1,875,422$2,277,524
51$2,467,905$2,001,533$1,878,021$2,385,742
52$2,657,507$2,037,483$1,878,809$2,502,092
53$2,864,491$2,073,238$1,877,667$2,627,356
54$3,090,568$2,108,726$1,874,469$2,762,394
55$3,337,624$2,143,871$1,869,081$2,908,155
56$3,607,731$2,178,590$1,861,365$3,065,687
57$3,903,174$2,212,795$1,851,175$3,236,143
58$4,226,466$2,246,391$1,838,358$3,420,796
59$4,580,378$2,279,276$1,822,755$3,621,048
60$4,967,957$2,311,341$1,804,198$3,838,449
61$5,392,561$2,342,469$1,782,511$4,074,703
62$5,857,888$2,372,536$1,757,510$4,331,694
63$6,368,009$2,401,407$1,729,004$4,611,496
64$6,927,410$2,428,940$1,696,790$4,916,399
65$7,541,031$2,454,983$1,660,657$5,248,926
66$8,214,313$2,479,374$1,620,386$5,611,863
67$8,953,248$2,501,939$1,575,744$6,008,278
68$9,764,438$2,522,493$1,526,491$6,441,558
69$10,655,156$2,540,840$1,472,373$6,915,436
70$11,633,411$2,556,770$1,413,127$7,434,032
71$12,708,029$2,570,062$1,348,476$8,001,885
72$13,888,729$2,580,476$1,278,132$8,624,004
73$15,186,223$2,587,763$1,201,792$9,305,911
74$16,612,307$2,591,653$1,119,142$10,053,698
75$18,179,980$2,591,861$1,029,851$10,874,081
76$19,903,562$2,588,087$933,575$11,774,465
77$21,798,830$2,580,008$829,954$12,763,017
78$23,883,166$2,567,284$718,613$13,848,744
79$26,175,722$2,549,553$599,159$15,041,577
80$28,697,597$2,526,432$471,182$16,352,464
81$31,472,039$2,497,515$334,255$17,793,482
82$34,524,665$2,462,371$187,930$19,377,942
83$37,883,696$2,420,543$31,741$21,120,526
84$41,580,230$2,371,546$0$23,037,420
85$45,648,531$2,314,870$0$25,160,866
86$50,126,353$2,249,970$0$27,500,696
87$55,055,296$2,176,273$0$30,075,269
88$60,481,196$2,093,171$0$32,908,563
89$66,454,562$2,000,020$0$36,027,012
90$73,031,045$1,896,139$0$39,459,753
91$80,271,971$1,780,809$0$43,238,908
92$88,244,912$1,653,268$0$47,399,883
93$97,024,326$1,512,712$0$51,981,709
94$106,692,261$1,358,289$0$57,027,412
95$117,339,127$1,189,099$0$62,584,417
96$129,064,546$1,004,194$0$68,705,003
97$141,978,299$802,569$0$75,446,796
98$156,201,353$583,162$0$82,873,316
99$171,867,009$344,855$0$91,054,580
100$189,122,155$86,463$0$100,067,764