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

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$140,384$139,134$137,914$136,723$135,560$131,962
2 years$69,497$68,203$66,949$65,732$64,553$60,952
3 years$45,871$44,571$43,320$42,115$40,955$37,466
4 years$34,061$32,765$31,526$30,342$29,209$25,858
5 years$26,976$25,688$24,465$23,305$22,204$19,000
6 years$22,255$20,976$19,772$18,637$17,570$14,515
7 years$18,883$17,616$16,430$15,323$14,289$11,384
8 years$16,356$15,100$13,934$12,854$11,854$9,098
9 years$14,392$13,147$12,002$10,949$9,983$7,373
10 years$12,821$11,589$10,463$9,438$8,506$6,039
11 years$11,537$10,317$9,212$8,214$7,315$4,988
12 years$10,467$9,260$8,175$7,205$6,339$4,147
13 years$9,563$8,368$7,304$6,361$5,528$3,466
14 years$8,788$7,606$6,563$5,646$4,846$2,910
15 years$8,118$6,949$5,925$5,035$4,267$2,451
16 years$7,532$6,375$5,372$4,509$3,771$2,071
17 years$7,015$5,871$4,888$4,051$3,343$1,754
18 years$6,556$5,425$4,462$3,651$2,973$1,489
19 years$6,146$5,028$4,085$3,299$2,650$1,266
20 years$5,778$4,672$3,749$2,988$2,367$1,077
21 years$5,445$4,352$3,448$2,712$2,118$918
22 years$5,142$4,063$3,178$2,465$1,899$784
23 years$4,867$3,800$2,935$2,245$1,704$669
24 years$4,615$3,560$2,714$2,048$1,532$572
25 years$4,383$3,341$2,514$1,870$1,378$489
26 years$4,169$3,140$2,331$1,710$1,242$419
27 years$3,972$2,955$2,165$1,565$1,119$358
28 years$3,789$2,784$2,013$1,434$1,010$307
29 years$3,619$2,627$1,873$1,315$912$263
30 years$3,460$2,481$1,744$1,207$824$225
31 years$3,313$2,345$1,626$1,108$745$193
32 years$3,174$2,219$1,517$1,019$674$165
33 years$3,044$2,101$1,417$937$610$142
34 years$2,923$1,992$1,324$862$552$122
35 years$2,808$1,889$1,238$793$500$104
36 years$2,700$1,793$1,158$731$453$90
37 years$2,598$1,703$1,084$673$411$77
38 years$2,502$1,618$1,015$621$372$66
39 years$2,411$1,539$951$572$338$57
40 years$2,324$1,464$891$528$306$49
41 years$2,242$1,394$836$487$278$42
42 years$2,164$1,327$784$449$252$36
43 years$2,090$1,265$736$415$229$31
44 years$2,020$1,206$690$383$208$26
45 years$1,953$1,150$648$354$189$23
46 years$1,889$1,097$609$327$171$19
47 years$1,828$1,047$572$302$155$17
48 years$1,769$999$538$279$141$14
49 years$1,713$954$505$258$128$12
50 years$1,660$911$475$238$116$11

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 $6,601 every year, while hoping to spend $24,421 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: 75/5/20 Blend
48$1,700,000$1,700,000$1,700,000$1,700,000
49$1,880,209$1,790,109$1,763,759$2,011,870
50$2,046,006$1,851,841$1,796,861$2,161,790
51$2,227,897$1,915,778$1,830,254$2,322,448
52$2,427,496$1,982,005$1,863,921$2,497,922
53$2,646,583$2,050,606$1,897,845$2,689,682
54$2,887,119$2,121,670$1,932,007$2,899,351
55$3,151,263$2,195,290$1,966,387$3,128,713
56$3,441,393$2,271,561$2,000,963$3,379,735
57$3,760,132$2,350,583$2,035,711$3,654,583
58$4,110,364$2,432,461$2,070,606$3,955,645
59$4,495,272$2,517,302$2,105,622$4,285,548
60$4,918,357$2,605,218$2,140,728$4,647,189
61$5,383,482$2,696,325$2,175,895$5,043,758
62$5,894,898$2,790,746$2,211,088$5,478,768
63$6,457,290$2,888,606$2,246,273$5,956,093
64$7,075,822$2,990,036$2,281,411$6,479,998
65$7,756,181$3,095,172$2,316,463$7,055,182
66$8,504,633$3,204,157$2,351,386$7,686,824
67$9,328,083$3,317,138$2,386,135$8,380,629
68$10,234,137$3,434,268$2,420,660$9,142,882
69$11,231,179$3,555,707$2,454,912$9,980,509
70$12,328,444$3,681,621$2,488,837$10,901,141
71$13,536,108$3,812,183$2,522,375$11,913,186
72$14,865,384$3,947,573$2,555,467$13,025,908
73$16,328,626$4,087,977$2,588,049$14,249,515
74$17,939,449$4,233,591$2,620,051$15,595,256
75$19,712,853$4,384,617$2,651,403$17,075,523
76$21,665,367$4,541,266$2,682,028$18,703,975
77$23,815,204$4,703,758$2,711,846$20,495,658
78$26,182,433$4,872,321$2,740,771$22,467,155
79$28,789,169$5,047,192$2,768,715$24,636,738
80$31,659,781$5,228,621$2,795,583$27,024,540
81$34,821,119$5,416,864$2,821,276$29,652,748
82$38,302,774$5,612,191$2,845,689$32,545,810
83$42,137,348$5,814,880$2,868,711$35,730,665
84$46,360,772$6,025,223$2,890,228$39,237,000
85$51,012,636$6,243,524$2,910,115$43,097,527
86$56,136,566$6,470,098$2,928,245$47,348,294
87$61,780,637$6,705,274$2,944,483$52,029,024
88$67,997,825$6,949,396$2,958,686$57,183,491
89$74,846,507$7,202,820$2,970,705$62,859,930
90$82,391,010$7,465,917$2,980,384$69,111,497
91$90,702,223$7,739,077$2,987,556$75,996,767
92$99,858,260$8,022,702$2,992,050$83,580,287
93$109,945,202$8,317,214$2,993,683$91,933,187
94$121,057,907$8,623,052$2,992,265$101,133,851
95$133,300,903$8,940,671$2,987,596$111,268,656
96$146,789,380$9,270,549$2,979,466$122,432,787
97$161,650,274$9,613,182$2,967,654$134,731,137
98$178,023,462$9,969,089$2,951,931$148,279,296
99$196,063,088$10,338,807$2,932,054$163,204,641
100$215,939,016$10,722,901$2,907,770$179,647,541