Can I retire at age 49 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$142,862$141,589$140,348$139,136$137,953$132,794
2 years$70,724$69,406$68,130$66,892$65,692$60,554
3 years$46,681$45,358$44,085$42,859$41,678$36,721
4 years$34,662$33,343$32,082$30,877$29,725$24,989
5 years$27,452$26,141$24,897$23,717$22,596$18,092
6 years$22,647$21,346$20,121$18,966$17,880$13,611
7 years$19,217$17,927$16,720$15,593$14,541$10,506
8 years$16,645$15,366$14,180$13,081$12,063$8,259
9 years$14,646$13,379$12,213$11,142$10,159$6,580
10 years$13,047$11,793$10,648$9,604$8,656$5,295
11 years$11,740$10,499$9,374$8,359$7,444$4,295
12 years$10,652$9,423$8,319$7,332$6,451$3,505
13 years$9,732$8,516$7,433$6,473$5,626$2,875
14 years$8,943$7,741$6,678$5,746$4,931$2,367
15 years$8,261$7,071$6,030$5,124$4,342$1,955
16 years$7,665$6,488$5,467$4,588$3,837$1,618
17 years$7,139$5,975$4,975$4,123$3,402$1,343
18 years$6,672$5,521$4,541$3,715$3,025$1,116
19 years$6,255$5,117$4,157$3,357$2,697$929
20 years$5,880$4,755$3,815$3,040$2,409$774
21 years$5,541$4,429$3,509$2,759$2,155$646
22 years$5,233$4,134$3,234$2,509$1,932$539
23 years$4,953$3,867$2,986$2,285$1,734$450
24 years$4,696$3,623$2,762$2,084$1,559$376
25 years$4,460$3,400$2,558$1,903$1,403$315
26 years$4,243$3,195$2,372$1,740$1,264$263
27 years$4,042$3,007$2,203$1,593$1,139$220
28 years$3,856$2,834$2,048$1,459$1,028$184
29 years$3,683$2,673$1,906$1,338$928$154
30 years$3,522$2,525$1,775$1,228$839$129
31 years$3,371$2,387$1,655$1,128$758$108
32 years$3,230$2,258$1,544$1,037$686$91
33 years$3,098$2,139$1,442$953$621$76
34 years$2,974$2,027$1,347$877$562$64
35 years$2,858$1,922$1,259$807$509$53
36 years$2,748$1,825$1,178$744$461$45
37 years$2,644$1,733$1,103$685$418$37
38 years$2,546$1,647$1,033$632$379$31
39 years$2,453$1,566$968$582$344$26
40 years$2,365$1,490$907$537$312$22
41 years$2,282$1,418$850$496$283$18
42 years$2,203$1,351$798$457$257$15
43 years$2,127$1,287$748$422$233$13
44 years$2,055$1,227$703$390$211$11
45 years$1,987$1,170$660$360$192$9
46 years$1,922$1,116$620$333$174$8
47 years$1,860$1,065$582$307$158$6
48 years$1,800$1,017$547$284$144$5
49 years$1,743$971$514$262$130$5
50 years$1,689$927$483$242$119$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,730,000, adding $5,144 every year, while hoping to spend $55,698 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: 78/12/10 Blend
48$1,730,000$1,730,000$1,730,000$1,730,000
49$1,911,766$1,820,076$1,793,261$2,057,251
50$2,047,504$1,849,998$1,794,073$2,183,510
51$2,195,220$1,879,518$1,793,045$2,314,256
52$2,356,078$1,908,560$1,790,058$2,456,041
53$2,531,357$1,937,039$1,784,984$2,609,941
54$2,722,466$1,964,864$1,777,692$2,777,142
55$2,930,955$1,991,940$1,768,041$2,958,949
56$3,158,530$2,018,162$1,755,888$3,156,801
57$3,407,068$2,043,421$1,741,079$3,372,284
58$3,678,639$2,067,597$1,723,454$3,607,142
59$3,975,517$2,090,567$1,702,847$3,863,301
60$4,300,208$2,112,193$1,679,081$4,142,878
61$4,655,473$2,132,334$1,651,974$4,448,209
62$5,044,349$2,150,836$1,621,333$4,781,867
63$5,470,182$2,167,537$1,586,957$5,146,686
64$5,936,656$2,182,262$1,548,635$5,545,789
65$6,447,829$2,194,826$1,506,148$5,982,619
66$7,008,168$2,205,034$1,459,265$6,460,969
67$7,622,597$2,212,676$1,407,746$6,985,016
68$8,296,534$2,217,529$1,351,338$7,559,368
69$9,035,950$2,219,358$1,289,778$8,189,098
70$9,847,422$2,217,911$1,222,790$8,879,800
71$10,738,193$2,212,922$1,150,087$9,637,637
72$11,716,241$2,204,109$1,071,368$10,469,402
73$12,790,358$2,191,170$986,319$11,382,579
74$13,970,225$2,173,788$894,611$12,385,417
75$15,266,508$2,151,624$795,901$13,487,008
76$16,690,959$2,124,321$689,831$14,697,370
77$18,256,523$2,091,499$576,026$16,027,544
78$19,977,462$2,052,755$454,096$17,489,698
79$21,869,488$2,007,665$323,633$19,097,244
80$23,949,911$1,955,777$184,211$20,864,959
81$26,237,805$1,896,612$35,385$22,809,133
82$28,754,181$1,829,667$0$24,947,714
83$31,522,192$1,754,404$0$27,313,659
84$34,567,345$1,670,259$0$29,920,482
85$37,917,745$1,576,633$0$32,788,488
86$41,604,358$1,472,891$0$35,944,214
87$45,661,304$1,358,365$0$39,416,903
88$50,126,179$1,232,346$0$43,238,782
89$55,040,404$1,094,085$0$47,445,360
90$60,449,622$942,793$0$52,075,773
91$66,404,127$777,633$0$57,173,142
92$72,959,333$597,722$0$62,784,991
93$80,176,303$402,128$0$68,963,688
94$88,122,319$189,867$0$75,766,944
95$96,871,523$0$0$83,258,354
96$106,505,608$0$0$91,513,299
97$117,114,596$0$0$100,631,268
98$128,797,681$0$0$110,672,454
99$141,664,168$0$0$121,730,811
100$155,834,505$0$0$133,909,867