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%11.7%
1 years$140,384$139,134$137,914$136,723$135,560$134,593
2 years$69,497$68,203$66,949$65,732$64,553$63,577
3 years$45,871$44,571$43,320$42,115$40,955$40,002
4 years$34,061$32,765$31,526$30,342$29,209$28,286
5 years$26,976$25,688$24,465$23,305$22,204$21,313
6 years$22,255$20,976$19,772$18,637$17,570$16,711
7 years$18,883$17,616$16,430$15,323$14,289$13,464
8 years$16,356$15,100$13,934$12,854$11,854$11,063
9 years$14,392$13,147$12,002$10,949$9,983$9,226
10 years$12,821$11,589$10,463$9,438$8,506$7,782
11 years$11,537$10,317$9,212$8,214$7,315$6,624
12 years$10,467$9,260$8,175$7,205$6,339$5,680
13 years$9,563$8,368$7,304$6,361$5,528$4,900
14 years$8,788$7,606$6,563$5,646$4,846$4,248
15 years$8,118$6,949$5,925$5,035$4,267$3,699
16 years$7,532$6,375$5,372$4,509$3,771$3,232
17 years$7,015$5,871$4,888$4,051$3,343$2,832
18 years$6,556$5,425$4,462$3,651$2,973$2,489
19 years$6,146$5,028$4,085$3,299$2,650$2,192
20 years$5,778$4,672$3,749$2,988$2,367$1,934
21 years$5,445$4,352$3,448$2,712$2,118$1,709
22 years$5,142$4,063$3,178$2,465$1,899$1,513
23 years$4,867$3,800$2,935$2,245$1,704$1,341
24 years$4,615$3,560$2,714$2,048$1,532$1,190
25 years$4,383$3,341$2,514$1,870$1,378$1,057
26 years$4,169$3,140$2,331$1,710$1,242$940
27 years$3,972$2,955$2,165$1,565$1,119$836
28 years$3,789$2,784$2,013$1,434$1,010$744
29 years$3,619$2,627$1,873$1,315$912$663
30 years$3,460$2,481$1,744$1,207$824$591
31 years$3,313$2,345$1,626$1,108$745$527
32 years$3,174$2,219$1,517$1,019$674$470
33 years$3,044$2,101$1,417$937$610$420
34 years$2,923$1,992$1,324$862$552$375
35 years$2,808$1,889$1,238$793$500$335
36 years$2,700$1,793$1,158$731$453$299
37 years$2,598$1,703$1,084$673$411$267
38 years$2,502$1,618$1,015$621$372$239
39 years$2,411$1,539$951$572$338$213
40 years$2,324$1,464$891$528$306$191
41 years$2,242$1,394$836$487$278$170
42 years$2,164$1,327$784$449$252$152
43 years$2,090$1,265$736$415$229$136
44 years$2,020$1,206$690$383$208$122
45 years$1,953$1,150$648$354$189$109
46 years$1,889$1,097$609$327$171$98
47 years$1,828$1,047$572$302$155$87
48 years$1,769$999$538$279$141$78
49 years$1,713$954$505$258$128$70
50 years$1,660$911$475$238$116$63

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 $5,753 every year, while hoping to spend $33,368 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: 30/47/23 Blend
48$1,700,000$1,700,000$1,700,000$1,700,000
49$1,879,334$1,789,234$1,762,884$1,922,136
50$2,035,523$1,841,403$1,786,438$2,007,634
51$2,206,525$1,895,011$1,809,662$2,096,186
52$2,393,815$1,950,091$1,832,510$2,190,762
53$2,599,019$2,006,680$1,854,934$2,291,906
54$2,823,926$2,064,815$1,876,882$2,400,215
55$3,070,508$2,124,532$1,898,299$2,516,346
56$3,340,936$2,185,870$1,919,127$2,641,022
57$3,637,599$2,248,866$1,939,306$2,775,037
58$3,963,133$2,313,559$1,958,772$2,919,266
59$4,320,438$2,379,989$1,977,456$3,074,673
60$4,712,710$2,448,195$1,995,288$3,242,315
61$5,143,469$2,518,219$2,012,192$3,423,359
62$5,616,592$2,590,101$2,028,090$3,619,089
63$6,136,351$2,663,882$2,042,897$3,830,917
64$6,707,451$2,739,605$2,056,527$4,060,399
65$7,335,077$2,817,312$2,068,887$4,309,248
66$8,024,941$2,897,046$2,079,880$4,579,351
67$8,783,333$2,978,850$2,089,405$4,872,784
68$9,617,187$3,062,768$2,097,354$5,191,835
69$10,534,140$3,148,843$2,103,615$5,539,026
70$11,542,605$3,237,119$2,108,069$5,917,130
71$12,651,855$3,327,642$2,110,593$6,329,206
72$13,872,103$3,420,455$2,111,057$6,778,621
73$15,214,604$3,515,604$2,109,324$7,269,087
74$16,691,757$3,613,132$2,105,250$7,804,690
75$18,317,226$3,713,086$2,098,685$8,389,934
76$20,106,065$3,815,508$2,089,473$9,029,780
77$22,074,860$3,920,445$2,077,447$9,729,696
78$24,241,888$4,027,939$2,062,434$10,495,703
79$26,627,289$4,138,036$2,044,253$11,334,440
80$29,253,251$4,250,778$2,022,714$12,253,217
81$32,144,225$4,366,209$1,997,618$13,260,092
82$35,327,154$4,484,372$1,968,757$14,363,945
83$38,831,725$4,605,307$1,935,911$15,574,558
84$42,690,650$4,729,055$1,898,852$16,902,712
85$46,939,974$4,855,658$1,857,342$18,360,287
86$51,619,419$4,985,152$1,811,130$19,960,375
87$56,772,751$5,117,576$1,759,955$21,717,400
88$62,448,200$5,252,965$1,703,542$23,647,261
89$68,698,910$5,391,355$1,641,604$25,767,476
90$75,583,444$5,532,776$1,573,843$28,097,351
91$83,166,334$5,677,261$1,499,946$30,658,161
92$91,518,690$5,824,837$1,419,584$33,473,351
93$100,718,873$5,975,530$1,332,416$36,568,760
94$110,853,230$6,129,362$1,238,084$39,972,860
95$122,016,913$6,286,356$1,136,214$43,717,029
96$134,314,778$6,446,526$1,026,416$47,835,850
97$147,862,367$6,609,888$908,283$52,367,429
98$162,787,005$6,776,449$781,387$57,353,766
99$179,229,001$6,946,217$645,285$62,841,142
100$197,342,969$7,119,191$499,512$68,880,564