Can I retire at age 49 with 1,650,000?

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 $1,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$136,255$135,042$133,858$132,702$131,573$127,057
2 years$67,453$66,197$64,979$63,799$62,654$58,150
3 years$44,522$43,260$42,046$40,877$39,750$35,399
4 years$33,059$31,801$30,599$29,449$28,350$24,186
5 years$26,183$24,932$23,746$22,620$21,551$17,586
6 years$21,600$20,359$19,190$18,089$17,053$13,288
7 years$18,328$17,098$15,947$14,872$13,869$10,304
8 years$15,875$14,656$13,524$12,476$11,505$8,138
9 years$13,968$12,761$11,649$10,627$9,689$6,516
10 years$12,444$11,248$10,156$9,160$8,256$5,270
11 years$11,197$10,013$8,941$7,972$7,100$4,297
12 years$10,159$8,987$7,935$6,993$6,153$3,526
13 years$9,281$8,122$7,089$6,174$5,365$2,907
14 years$8,530$7,383$6,370$5,480$4,703$2,407
15 years$7,879$6,744$5,751$4,887$4,141$1,999
16 years$7,310$6,188$5,214$4,376$3,660$1,665
17 years$6,809$5,699$4,745$3,932$3,245$1,390
18 years$6,363$5,266$4,331$3,543$2,885$1,162
19 years$5,966$4,880$3,965$3,202$2,572$973
20 years$5,608$4,535$3,639$2,900$2,297$816
21 years$5,285$4,224$3,347$2,632$2,056$685
22 years$4,991$3,943$3,085$2,393$1,843$575
23 years$4,724$3,688$2,848$2,179$1,654$484
24 years$4,479$3,455$2,634$1,988$1,487$407
25 years$4,254$3,243$2,440$1,815$1,338$342
26 years$4,047$3,048$2,263$1,660$1,205$288
27 years$3,855$2,868$2,101$1,519$1,086$243
28 years$3,677$2,703$1,953$1,392$980$205
29 years$3,512$2,550$1,818$1,276$885$172
30 years$3,359$2,408$1,693$1,171$800$145
31 years$3,215$2,276$1,578$1,076$723$123
32 years$3,081$2,154$1,473$989$654$103
33 years$2,955$2,040$1,375$909$592$87
34 years$2,837$1,933$1,285$837$536$73
35 years$2,725$1,834$1,201$770$485$62
36 years$2,621$1,740$1,124$709$440$52
37 years$2,522$1,653$1,052$653$399$44
38 years$2,428$1,571$985$602$361$37
39 years$2,340$1,494$923$555$328$31
40 years$2,256$1,421$865$512$297$26
41 years$2,176$1,353$811$473$270$22
42 years$2,101$1,288$761$436$245$19
43 years$2,029$1,228$714$403$222$16
44 years$1,960$1,170$670$372$202$13
45 years$1,895$1,116$629$343$183$11
46 years$1,833$1,064$591$317$166$10
47 years$1,774$1,016$555$293$151$8
48 years$1,717$970$522$271$137$7
49 years$1,663$926$490$250$124$6
50 years$1,611$885$461$231$113$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,650,000, adding $3,540 every year, while hoping to spend $28,415 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: 43/30/27 Blend
48$1,650,000$1,650,000$1,650,000$1,650,000
49$1,821,952$1,734,502$1,708,927$1,885,818
50$1,977,557$1,789,259$1,735,942$1,986,615
51$2,148,082$1,845,747$1,762,911$2,092,787
52$2,335,019$1,904,020$1,789,800$2,207,277
53$2,540,009$1,964,136$1,816,577$2,330,872
54$2,764,864$2,026,152$1,843,206$2,464,440
55$3,011,575$2,090,129$1,869,649$2,608,931
56$3,282,339$2,156,128$1,895,865$2,765,396
57$3,579,574$2,224,215$1,921,813$2,934,989
58$3,905,943$2,294,454$1,947,446$3,118,979
59$4,264,382$2,366,915$1,972,718$3,318,767
60$4,658,122$2,441,667$1,997,577$3,535,891
61$5,090,725$2,518,783$2,021,971$3,772,048
62$5,566,114$2,598,339$2,045,842$4,029,103
63$6,088,611$2,680,411$2,069,131$4,309,114
64$6,662,977$2,765,079$2,091,775$4,614,343
65$7,294,459$2,852,426$2,113,707$4,947,285
66$7,988,835$2,942,536$2,134,858$5,310,684
67$8,752,474$3,035,497$2,155,153$5,707,566
68$9,592,390$3,131,401$2,174,514$6,141,261
69$10,516,313$3,230,339$2,192,860$6,615,439
70$11,532,759$3,332,408$2,210,103$7,134,141
71$12,651,113$3,437,707$2,226,153$7,701,820
72$13,881,711$3,546,340$2,240,915$8,323,381
73$15,235,947$3,658,412$2,254,286$9,004,226
74$16,726,371$3,774,031$2,266,162$9,750,309
75$18,366,813$3,893,312$2,276,432$10,568,188
76$20,172,513$4,016,369$2,284,977$11,465,087
77$22,160,261$4,143,323$2,291,675$12,448,967
78$24,348,559$4,274,297$2,296,398$13,528,599
79$26,757,794$4,409,420$2,299,009$14,713,644
80$29,410,430$4,548,822$2,299,367$16,014,750
81$32,331,220$4,692,641$2,297,322$17,443,648
82$35,547,440$4,841,015$2,292,718$19,013,263
83$39,089,145$4,994,091$2,285,390$20,737,837
84$42,989,454$5,152,018$2,275,167$22,633,063
85$47,284,860$5,314,949$2,261,867$24,716,233
86$52,015,579$5,483,044$2,245,302$27,006,399
87$57,225,921$5,656,467$2,225,273$29,524,556
88$62,964,719$5,835,387$2,201,573$32,293,838
89$69,285,779$6,019,980$2,173,985$35,339,738
90$76,248,395$6,210,425$2,142,280$38,690,345
91$83,917,905$6,406,910$2,106,220$42,376,613
92$92,366,308$6,609,626$2,065,556$46,432,650
93$101,672,946$6,818,771$2,020,025$50,896,043
94$111,925,246$7,034,551$1,969,356$55,808,209
95$123,219,553$7,257,176$1,913,261$61,214,789
96$135,662,034$7,486,864$1,851,443$67,166,076
97$149,369,682$7,723,841$1,783,587$73,717,492
98$164,471,420$7,968,339$1,709,366$80,930,110
99$181,109,314$8,220,597$1,628,439$88,871,232
100$199,439,920$8,480,863$1,540,449$97,615,019