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

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 $1,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$136,255$135,042$133,858$132,702$131,573$126,855
2 years$67,453$66,197$64,979$63,799$62,654$57,951
3 years$44,522$43,260$42,046$40,877$39,750$35,211
4 years$33,059$31,801$30,599$29,449$28,350$24,009
5 years$26,183$24,932$23,746$22,620$21,551$17,420
6 years$21,600$20,359$19,190$18,089$17,053$13,134
7 years$18,328$17,098$15,947$14,872$13,869$10,161
8 years$15,875$14,656$13,524$12,476$11,505$8,007
9 years$13,968$12,761$11,649$10,627$9,689$6,395
10 years$12,444$11,248$10,156$9,160$8,256$5,159
11 years$11,197$10,013$8,941$7,972$7,100$4,196
12 years$10,159$8,987$7,935$6,993$6,153$3,433
13 years$9,281$8,122$7,089$6,174$5,365$2,823
14 years$8,530$7,383$6,370$5,480$4,703$2,331
15 years$7,879$6,744$5,751$4,887$4,141$1,931
16 years$7,310$6,188$5,214$4,376$3,660$1,603
17 years$6,809$5,699$4,745$3,932$3,245$1,334
18 years$6,363$5,266$4,331$3,543$2,885$1,112
19 years$5,966$4,880$3,965$3,202$2,572$929
20 years$5,608$4,535$3,639$2,900$2,297$776
21 years$5,285$4,224$3,347$2,632$2,056$649
22 years$4,991$3,943$3,085$2,393$1,843$544
23 years$4,724$3,688$2,848$2,179$1,654$456
24 years$4,479$3,455$2,634$1,988$1,487$382
25 years$4,254$3,243$2,440$1,815$1,338$321
26 years$4,047$3,048$2,263$1,660$1,205$269
27 years$3,855$2,868$2,101$1,519$1,086$226
28 years$3,677$2,703$1,953$1,392$980$190
29 years$3,512$2,550$1,818$1,276$885$159
30 years$3,359$2,408$1,693$1,171$800$134
31 years$3,215$2,276$1,578$1,076$723$113
32 years$3,081$2,154$1,473$989$654$95
33 years$2,955$2,040$1,375$909$592$79
34 years$2,837$1,933$1,285$837$536$67
35 years$2,725$1,834$1,201$770$485$56
36 years$2,621$1,740$1,124$709$440$47
37 years$2,522$1,653$1,052$653$399$40
38 years$2,428$1,571$985$602$361$33
39 years$2,340$1,494$923$555$328$28
40 years$2,256$1,421$865$512$297$24
41 years$2,176$1,353$811$473$270$20
42 years$2,101$1,288$761$436$245$17
43 years$2,029$1,228$714$403$222$14
44 years$1,960$1,170$670$372$202$12
45 years$1,895$1,116$629$343$183$10
46 years$1,833$1,064$591$317$166$8
47 years$1,774$1,016$555$293$151$7
48 years$1,717$970$522$271$137$6
49 years$1,663$926$490$250$124$5
50 years$1,611$885$461$231$113$4

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 $2,906 every year, while hoping to spend $52,131 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: 30/46/24 Blend
48$1,650,000$1,650,000$1,650,000$1,650,000
49$1,821,298$1,733,848$1,708,273$1,862,308
50$1,951,603$1,763,339$1,710,033$1,923,632
51$2,093,452$1,792,529$1,710,105$1,984,737
52$2,247,968$1,821,346$1,708,377$2,049,407
53$2,416,385$1,849,716$1,704,732$2,117,985
54$2,600,063$1,877,560$1,699,047$2,190,852
55$2,800,499$1,904,789$1,691,194$2,268,428
56$3,019,338$1,931,312$1,681,038$2,351,181
57$3,258,395$1,957,031$1,668,437$2,439,626
58$3,519,665$1,981,839$1,653,243$2,534,337
59$3,805,345$2,005,623$1,635,301$2,635,946
60$4,117,854$2,028,263$1,614,448$2,745,155
61$4,459,857$2,049,629$1,590,513$2,862,741
62$4,834,287$2,069,585$1,563,320$2,989,562
63$5,244,373$2,087,984$1,532,680$3,126,570
64$5,693,673$2,104,670$1,498,399$3,274,817
65$6,186,105$2,119,476$1,460,273$3,435,468
66$6,725,983$2,132,225$1,418,087$3,609,810
67$7,318,058$2,142,729$1,371,618$3,799,268
68$7,967,565$2,150,788$1,320,632$4,005,418
69$8,680,269$2,156,188$1,264,885$4,230,003
70$9,462,518$2,158,703$1,204,120$4,474,949
71$10,321,308$2,158,093$1,138,072$4,742,386
72$11,264,343$2,154,101$1,066,459$5,034,670
73$12,300,111$2,146,457$988,990$5,354,403
74$13,437,962$2,134,873$905,361$5,704,461
75$14,688,195$2,119,043$815,252$6,088,024
76$16,062,159$2,098,644$718,331$6,508,605
77$17,572,354$2,073,332$614,249$6,970,084
78$19,232,552$2,042,743$502,644$7,476,750
79$21,057,926$2,006,491$383,137$8,033,338
80$23,065,193$1,964,169$255,331$8,645,080
81$25,272,772$1,915,342$118,814$9,317,754
82$27,700,954$1,859,553$0$10,057,740
83$30,372,097$1,796,316$0$10,878,967
84$33,310,834$1,725,119$0$11,815,250
85$36,544,307$1,645,418$0$12,844,840
86$40,102,422$1,556,638$0$13,977,346
87$44,018,127$1,458,172$0$15,223,367
88$48,327,730$1,349,377$0$16,594,595
89$53,071,235$1,229,573$0$18,103,927
90$58,292,721$1,098,041$0$19,765,586
91$64,040,757$954,024$0$21,595,264
92$70,368,861$796,719$0$23,610,265
93$77,336,005$625,278$0$25,829,674
94$85,007,167$438,806$0$28,274,541
95$93,453,949$236,358$0$30,968,080
96$102,755,248$16,935$0$33,935,891
97$112,998,002$0$0$37,206,207
98$124,278,012$0$0$40,921,782
99$136,700,841$0$0$45,023,586
100$150,382,812$0$0$49,541,500