Can I retire at age 49 with 1,700,000?

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$140,384$139,134$137,914$136,723$135,560$132,499
2 years$69,497$68,203$66,949$65,732$64,553$61,484
3 years$45,871$44,571$43,320$42,115$40,955$37,976
4 years$34,061$32,765$31,526$30,342$29,209$26,343
5 years$26,976$25,688$24,465$23,305$22,204$19,458
6 years$22,255$20,976$19,772$18,637$17,570$14,946
7 years$18,883$17,616$16,430$15,323$14,289$11,789
8 years$16,356$15,100$13,934$12,854$11,854$9,477
9 years$14,392$13,147$12,002$10,949$9,983$7,727
10 years$12,821$11,589$10,463$9,438$8,506$6,368
11 years$11,537$10,317$9,212$8,214$7,315$5,293
12 years$10,467$9,260$8,175$7,205$6,339$4,430
13 years$9,563$8,368$7,304$6,361$5,528$3,727
14 years$8,788$7,606$6,563$5,646$4,846$3,150
15 years$8,118$6,949$5,925$5,035$4,267$2,673
16 years$7,532$6,375$5,372$4,509$3,771$2,274
17 years$7,015$5,871$4,888$4,051$3,343$1,940
18 years$6,556$5,425$4,462$3,651$2,973$1,659
19 years$6,146$5,028$4,085$3,299$2,650$1,421
20 years$5,778$4,672$3,749$2,988$2,367$1,219
21 years$5,445$4,352$3,448$2,712$2,118$1,047
22 years$5,142$4,063$3,178$2,465$1,899$900
23 years$4,867$3,800$2,935$2,245$1,704$775
24 years$4,615$3,560$2,714$2,048$1,532$668
25 years$4,383$3,341$2,514$1,870$1,378$575
26 years$4,169$3,140$2,331$1,710$1,242$496
27 years$3,972$2,955$2,165$1,565$1,119$428
28 years$3,789$2,784$2,013$1,434$1,010$370
29 years$3,619$2,627$1,873$1,315$912$319
30 years$3,460$2,481$1,744$1,207$824$276
31 years$3,313$2,345$1,626$1,108$745$239
32 years$3,174$2,219$1,517$1,019$674$206
33 years$3,044$2,101$1,417$937$610$178
34 years$2,923$1,992$1,324$862$552$154
35 years$2,808$1,889$1,238$793$500$133
36 years$2,700$1,793$1,158$731$453$115
37 years$2,598$1,703$1,084$673$411$100
38 years$2,502$1,618$1,015$621$372$86
39 years$2,411$1,539$951$572$338$75
40 years$2,324$1,464$891$528$306$65
41 years$2,242$1,394$836$487$278$56
42 years$2,164$1,327$784$449$252$48
43 years$2,090$1,265$736$415$229$42
44 years$2,020$1,206$690$383$208$36
45 years$1,953$1,150$648$354$189$31
46 years$1,889$1,097$609$327$171$27
47 years$1,828$1,047$572$302$155$24
48 years$1,769$999$538$279$141$20
49 years$1,713$954$505$258$128$18
50 years$1,660$911$475$238$116$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,700,000, adding $3,786 every year, while hoping to spend $37,859 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: 46/35/19 Blend
48$1,700,000$1,700,000$1,700,000$1,700,000
49$1,877,305$1,787,205$1,760,855$1,953,311
50$2,028,509$1,834,497$1,779,562$2,054,108
51$2,193,866$1,882,836$1,797,627$2,159,316
52$2,374,781$1,932,236$1,814,988$2,272,663
53$2,572,799$1,982,706$1,831,581$2,394,926
54$2,789,623$2,034,257$1,847,337$2,526,957
55$3,027,126$2,086,897$1,862,184$2,669,696
56$3,287,372$2,140,634$1,876,047$2,824,176
57$3,572,635$2,195,477$1,888,846$2,991,538
58$3,885,419$2,251,430$1,900,497$3,173,036
59$4,228,481$2,308,499$1,910,912$3,370,054
60$4,604,857$2,366,686$1,919,999$3,584,112
61$5,017,893$2,425,995$1,927,660$3,816,890
62$5,471,274$2,486,425$1,933,793$4,070,235
63$5,969,060$2,547,975$1,938,290$4,346,183
64$6,515,720$2,610,642$1,941,039$4,646,978
65$7,116,181$2,674,421$1,941,921$4,975,091
66$7,775,868$2,739,305$1,940,813$5,333,247
67$8,500,760$2,805,283$1,937,583$5,724,445
68$9,297,440$2,872,345$1,932,095$6,151,994
69$10,173,165$2,940,476$1,924,205$6,619,538
70$11,135,926$3,009,657$1,913,765$7,131,091
71$12,194,529$3,079,869$1,900,614$7,691,081
72$13,358,676$3,151,088$1,884,590$8,304,383
73$14,639,056$3,223,286$1,865,519$8,976,372
74$16,047,445$3,296,432$1,843,219$9,712,972
75$17,596,818$3,370,491$1,817,501$10,520,709
76$19,301,473$3,445,425$1,788,166$11,406,778
77$21,177,160$3,521,187$1,755,006$12,379,107
78$23,241,236$3,597,731$1,717,805$13,446,432
79$25,512,823$3,675,002$1,676,333$14,618,385
80$28,012,994$3,752,939$1,630,353$15,905,577
81$30,764,965$3,831,479$1,579,615$17,319,705
82$33,794,318$3,910,548$1,523,859$18,873,660
83$37,129,242$3,990,068$1,462,811$20,581,649
84$40,800,797$4,069,954$1,396,188$22,459,330
85$44,843,208$4,150,112$1,323,690$24,523,960
86$49,294,188$4,230,440$1,245,007$26,794,557
87$54,195,293$4,310,830$1,159,813$29,292,084
88$59,592,314$4,391,161$1,067,767$32,039,642
89$65,535,707$4,471,305$968,514$35,062,693
90$72,081,073$4,551,122$861,683$38,389,296
91$79,289,679$4,630,464$746,886$42,050,380
92$87,229,037$4,709,168$623,718$46,080,029
93$95,973,542$4,787,060$491,756$50,515,807
94$105,605,172$4,863,955$350,558$55,399,118
95$116,214,261$4,939,650$199,663$60,775,588
96$127,900,354$5,013,931$38,590$66,695,506
97$140,773,144$5,086,568$0$73,214,296
98$154,953,508$5,157,313$0$80,420,062
99$170,574,646$5,225,902$0$88,363,203
100$187,783,341$5,292,052$0$97,110,191