Can I retire at age 48 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$149,468$148,137$146,838$145,570$144,332$142,884
2 years$73,994$72,616$71,280$69,986$68,729$67,271
3 years$48,839$47,455$46,123$44,840$43,605$42,181
4 years$36,265$34,885$33,566$32,305$31,099$29,722
5 years$28,722$27,350$26,048$24,813$23,641$22,313
6 years$23,695$22,333$21,051$19,843$18,706$17,430
7 years$20,105$18,756$17,494$16,314$15,213$13,989
8 years$17,414$16,077$14,836$13,686$12,621$11,448
9 years$15,323$13,998$12,778$11,657$10,629$9,508
10 years$13,650$12,338$11,140$10,049$9,056$7,986
11 years$12,283$10,984$9,808$8,745$7,789$6,768
12 years$11,144$9,859$8,704$7,671$6,749$5,778
13 years$10,182$8,909$7,777$6,772$5,886$4,962
14 years$9,357$8,098$6,987$6,012$5,159$4,282
15 years$8,643$7,398$6,309$5,361$4,543$3,711
16 years$8,019$6,788$5,720$4,800$4,015$3,227
17 years$7,469$6,251$5,205$4,313$3,560$2,815
18 years$6,980$5,776$4,751$3,887$3,165$2,461
19 years$6,544$5,353$4,349$3,512$2,821$2,156
20 years$6,152$4,975$3,992$3,181$2,520$1,893
21 years$5,797$4,634$3,672$2,887$2,255$1,665
22 years$5,475$4,325$3,384$2,625$2,021$1,466
23 years$5,182$4,045$3,124$2,391$1,815$1,292
24 years$4,913$3,790$2,890$2,180$1,631$1,141
25 years$4,666$3,557$2,676$1,991$1,468$1,008
26 years$4,439$3,343$2,482$1,821$1,322$891
27 years$4,229$3,146$2,305$1,666$1,192$788
28 years$4,034$2,965$2,143$1,527$1,075$698
29 years$3,853$2,797$1,994$1,400$971$618
30 years$3,684$2,641$1,857$1,285$877$548
31 years$3,527$2,497$1,732$1,180$793$486
32 years$3,380$2,363$1,616$1,085$718$431
33 years$3,241$2,237$1,508$997$649$382
34 years$3,112$2,121$1,409$918$588$339
35 years$2,990$2,011$1,318$845$533$301
36 years$2,875$1,909$1,233$778$483$268
37 years$2,766$1,813$1,154$717$437$238
38 years$2,664$1,723$1,080$661$396$211
39 years$2,567$1,639$1,012$609$360$188
40 years$2,475$1,559$949$562$326$167
41 years$2,387$1,484$890$518$296$148
42 years$2,304$1,413$835$478$268$132
43 years$2,226$1,347$783$442$244$117
44 years$2,151$1,284$735$408$221$104
45 years$2,079$1,224$690$377$201$93
46 years$2,011$1,168$648$348$182$82
47 years$1,946$1,114$609$321$166$73
48 years$1,884$1,064$572$297$150$65
49 years$1,824$1,016$538$274$137$58
50 years$1,767$970$506$254$124$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 48 starting with $1,810,000, adding $5,201 every year, while hoping to spend $46,179 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: 39/42/19 Blend
47$1,810,000$1,810,000$1,810,000$1,810,000
48$1,999,985$1,904,055$1,876,000$2,066,465
49$2,154,849$1,948,219$1,889,712$2,158,809
50$2,323,962$1,993,000$1,902,335$2,253,802
51$2,508,728$2,038,379$1,913,785$2,355,559
52$2,710,693$2,084,335$1,923,972$2,464,717
53$2,931,560$2,130,843$1,932,801$2,581,979
54$3,173,203$2,177,879$1,940,174$2,708,120
55$3,437,687$2,225,412$1,945,987$2,843,994
56$3,727,283$2,273,409$1,950,130$2,990,541
57$4,044,496$2,321,836$1,952,489$3,148,800
58$4,392,080$2,370,652$1,952,943$3,319,914
59$4,773,072$2,419,814$1,951,367$3,505,143
60$5,190,815$2,469,274$1,947,627$3,705,878
61$5,648,991$2,518,981$1,941,585$3,923,652
62$6,151,655$2,568,878$1,933,095$4,160,153
63$6,703,274$2,618,903$1,922,004$4,417,245
64$7,308,769$2,668,991$1,908,153$4,696,982
65$7,973,561$2,719,068$1,891,373$5,001,628
66$8,703,619$2,769,057$1,871,488$5,333,682
67$9,505,520$2,818,874$1,848,315$5,695,896
68$10,386,511$2,868,426$1,821,662$6,091,306
69$11,354,572$2,917,616$1,791,325$6,523,261
70$12,418,498$2,966,339$1,757,094$6,995,452
71$13,587,976$3,014,481$1,718,748$7,511,949
72$14,873,679$3,061,920$1,676,055$8,077,239
73$16,287,365$3,108,524$1,628,773$8,696,273
74$17,841,988$3,154,154$1,576,649$9,374,505
75$19,551,823$3,198,660$1,519,419$10,117,952
76$21,432,594$3,241,879$1,456,805$10,933,247
77$23,501,628$3,283,641$1,388,517$11,827,705
78$25,778,016$3,323,760$1,314,254$12,809,390
79$28,282,790$3,362,041$1,233,698$13,887,193
80$31,039,127$3,398,274$1,146,519$15,070,918
81$34,072,562$3,432,233$1,052,372$16,371,373
82$37,411,232$3,463,682$950,895$17,800,474
83$41,086,139$3,492,364$841,712$19,371,360
84$45,131,445$3,518,009$724,428$21,098,516
85$49,584,788$3,540,327$598,633$22,997,911
86$54,487,646$3,559,013$463,896$25,087,152
87$59,885,720$3,573,738$319,770$27,385,648
88$65,829,367$3,584,155$165,787$29,914,797
89$72,374,079$3,589,895$1,457$32,698,189
90$79,580,999$3,590,564$0$35,761,831
91$87,517,506$3,585,747$0$39,169,649
92$96,257,843$3,574,999$0$42,920,598
93$105,883,821$3,557,852$0$47,049,334
94$116,485,590$3,533,807$0$51,594,384
95$128,162,491$3,502,334$0$56,598,206
96$141,023,990$3,462,873$0$62,107,600
97$155,190,713$3,414,830$0$68,174,145
98$170,795,584$3,357,575$0$74,854,691
99$187,985,077$3,290,439$0$82,211,896
100$206,920,601$3,212,717$0$90,314,817