Can I retire at age 49 with 1,670,000?

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 $1,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$137,907$136,679$135,480$134,310$133,168$130,426
2 years$68,271$66,999$65,767$64,572$63,413$60,663
3 years$45,062$43,785$42,556$41,372$40,232$37,560
4 years$33,460$32,186$30,970$29,806$28,694$26,120
5 years$26,500$25,235$24,034$22,894$21,813$19,344
6 years$21,862$20,606$19,423$18,309$17,260$14,899
7 years$18,550$17,305$16,140$15,052$14,037$11,785
8 years$16,068$14,833$13,688$12,627$11,645$9,502
9 years$14,138$12,915$11,790$10,756$9,807$7,770
10 years$12,595$11,384$10,279$9,271$8,356$6,424
11 years$11,333$10,135$9,049$8,069$7,186$5,356
12 years$10,282$9,096$8,031$7,077$6,227$4,497
13 years$9,394$8,220$7,175$6,248$5,430$3,797
14 years$8,633$7,472$6,447$5,547$4,760$3,220
15 years$7,975$6,826$5,821$4,947$4,191$2,741
16 years$7,399$6,263$5,277$4,429$3,704$2,341
17 years$6,891$5,768$4,802$3,980$3,284$2,004
18 years$6,441$5,330$4,384$3,586$2,920$1,720
19 years$6,038$4,939$4,013$3,241$2,603$1,479
20 years$5,676$4,590$3,683$2,935$2,325$1,273
21 years$5,349$4,275$3,388$2,664$2,081$1,098
22 years$5,052$3,991$3,122$2,422$1,865$948
23 years$4,781$3,733$2,883$2,206$1,674$819
24 years$4,533$3,497$2,666$2,012$1,505$708
25 years$4,306$3,282$2,469$1,837$1,354$613
26 years$4,096$3,084$2,290$1,680$1,220$531
27 years$3,902$2,903$2,127$1,538$1,100$460
28 years$3,722$2,735$1,977$1,409$992$399
29 years$3,555$2,580$1,840$1,292$896$346
30 years$3,399$2,437$1,714$1,186$810$300
31 years$3,254$2,304$1,598$1,089$732$260
32 years$3,118$2,180$1,491$1,001$662$226
33 years$2,991$2,064$1,392$920$599$196
34 years$2,871$1,957$1,300$847$542$170
35 years$2,758$1,856$1,216$779$491$148
36 years$2,652$1,761$1,137$718$445$129
37 years$2,552$1,673$1,065$661$403$112
38 years$2,458$1,590$997$610$366$97
39 years$2,368$1,512$934$562$332$84
40 years$2,283$1,438$875$518$301$73
41 years$2,203$1,369$821$478$273$64
42 years$2,126$1,304$770$441$248$55
43 years$2,053$1,242$723$408$225$48
44 years$1,984$1,184$678$376$204$42
45 years$1,918$1,129$637$347$185$36
46 years$1,855$1,077$598$321$168$32
47 years$1,795$1,028$562$297$153$27
48 years$1,738$981$528$274$139$24
49 years$1,683$937$496$253$126$21
50 years$1,631$895$467$234$114$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,670,000, adding $4,074 every year, while hoping to spend $59,542 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: 44/33/23 Blend
48$1,670,000$1,670,000$1,670,000$1,670,000
49$1,844,542$1,756,032$1,730,147$1,913,243
50$1,969,333$1,778,726$1,724,755$1,984,971
51$2,104,858$1,800,535$1,717,187$2,056,572
52$2,252,147$1,821,355$1,707,306$2,132,989
53$2,412,336$1,841,072$1,694,971$2,214,701
54$2,586,675$1,859,565$1,680,033$2,302,236
55$2,776,537$1,876,705$1,662,335$2,396,178
56$2,983,434$1,892,354$1,641,714$2,497,174
57$3,209,031$1,906,366$1,617,998$2,605,940
58$3,455,160$1,918,586$1,591,009$2,723,268
59$3,723,836$1,928,847$1,560,558$2,850,033
60$4,017,280$1,936,972$1,526,448$2,987,204
61$4,337,933$1,942,774$1,488,475$3,135,852
62$4,688,486$1,946,054$1,446,422$3,297,160
63$5,071,899$1,946,599$1,400,066$3,472,438
64$5,491,435$1,944,184$1,349,170$3,663,134
65$5,950,682$1,938,570$1,293,488$3,870,846
66$6,453,595$1,929,503$1,232,763$4,097,344
67$7,004,528$1,916,714$1,166,727$4,344,581
68$7,608,274$1,899,918$1,095,097$4,614,717
69$8,270,115$1,878,811$1,017,579$4,910,137
70$8,995,866$1,853,072$933,868$5,233,478
71$9,791,934$1,822,362$843,641$5,587,652
72$10,665,372$1,786,319$746,565$5,975,876
73$11,623,953$1,744,562$642,288$6,401,702
74$12,676,237$1,696,686$530,445$6,869,054
75$13,831,653$1,642,263$410,655$7,382,267
76$15,100,589$1,580,841$282,519$7,946,125
77$16,494,486$1,511,939$145,620$8,565,912
78$18,025,950$1,435,051$0$9,247,461
79$19,708,868$1,349,639$0$9,997,330
80$21,558,538$1,255,137$0$10,860,656
81$23,591,814$1,150,944$0$11,809,627
82$25,827,265$1,036,427$0$12,853,028
83$28,285,349$910,914$0$14,000,546
84$30,988,603$773,698$0$15,262,861
85$33,961,862$624,030$0$16,651,756
86$37,232,483$461,119$0$18,180,222
87$40,830,614$284,131$0$19,862,586
88$44,789,467$92,184$0$21,714,646
89$49,145,637$0$0$23,753,823
90$53,939,449$0$0$26,041,326
91$59,215,328$0$0$28,595,940
92$65,022,231$0$0$31,407,925
93$71,414,096$0$0$34,503,431
94$78,450,359$0$0$37,911,273
95$86,196,509$0$0$41,663,203
96$94,724,709$0$0$45,794,206
97$104,114,475$0$0$50,342,834
98$114,453,424$0$0$55,351,568
99$125,838,103$0$0$60,867,216
100$138,374,897$0$0$66,941,358