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

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$142,862$141,589$140,348$139,136$137,953$136,060
2 years$70,724$69,406$68,130$66,892$65,692$63,788
3 years$46,681$45,358$44,085$42,859$41,678$39,822
4 years$34,662$33,343$32,082$30,877$29,725$27,932
5 years$27,452$26,141$24,897$23,717$22,596$20,871
6 years$22,647$21,346$20,121$18,966$17,880$16,225
7 years$19,217$17,927$16,720$15,593$14,541$12,956
8 years$16,645$15,366$14,180$13,081$12,063$10,549
9 years$14,646$13,379$12,213$11,142$10,159$8,714
10 years$13,047$11,793$10,648$9,604$8,656$7,280
11 years$11,740$10,499$9,374$8,359$7,444$6,136
12 years$10,652$9,423$8,319$7,332$6,451$5,208
13 years$9,732$8,516$7,433$6,473$5,626$4,446
14 years$8,943$7,741$6,678$5,746$4,931$3,814
15 years$8,261$7,071$6,030$5,124$4,342$3,285
16 years$7,665$6,488$5,467$4,588$3,837$2,839
17 years$7,139$5,975$4,975$4,123$3,402$2,461
18 years$6,672$5,521$4,541$3,715$3,025$2,138
19 years$6,255$5,117$4,157$3,357$2,697$1,861
20 years$5,880$4,755$3,815$3,040$2,409$1,623
21 years$5,541$4,429$3,509$2,759$2,155$1,417
22 years$5,233$4,134$3,234$2,509$1,932$1,240
23 years$4,953$3,867$2,986$2,285$1,734$1,085
24 years$4,696$3,623$2,762$2,084$1,559$951
25 years$4,460$3,400$2,558$1,903$1,403$834
26 years$4,243$3,195$2,372$1,740$1,264$733
27 years$4,042$3,007$2,203$1,593$1,139$644
28 years$3,856$2,834$2,048$1,459$1,028$566
29 years$3,683$2,673$1,906$1,338$928$497
30 years$3,522$2,525$1,775$1,228$839$438
31 years$3,371$2,387$1,655$1,128$758$385
32 years$3,230$2,258$1,544$1,037$686$339
33 years$3,098$2,139$1,442$953$621$299
34 years$2,974$2,027$1,347$877$562$263
35 years$2,858$1,922$1,259$807$509$232
36 years$2,748$1,825$1,178$744$461$204
37 years$2,644$1,733$1,103$685$418$180
38 years$2,546$1,647$1,033$632$379$159
39 years$2,453$1,566$968$582$344$140
40 years$2,365$1,490$907$537$312$123
41 years$2,282$1,418$850$496$283$109
42 years$2,203$1,351$798$457$257$96
43 years$2,127$1,287$748$422$233$85
44 years$2,055$1,227$703$390$211$75
45 years$1,987$1,170$660$360$192$66
46 years$1,922$1,116$620$333$174$58
47 years$1,860$1,065$582$307$158$51
48 years$1,800$1,017$547$284$144$45
49 years$1,743$971$514$262$130$40
50 years$1,689$927$483$242$119$35

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 $3,543 every year, while hoping to spend $25,463 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: 79/13/8 Blend
48$1,730,000$1,730,000$1,730,000$1,730,000
49$1,910,115$1,818,425$1,791,610$2,058,689
50$2,077,854$1,880,435$1,824,536$2,218,654
51$2,261,849$1,944,630$1,857,712$2,390,410
52$2,463,732$2,011,091$1,891,119$2,578,069
53$2,685,298$2,079,900$1,924,738$2,783,205
54$2,928,528$2,151,145$1,958,546$3,007,551
55$3,195,601$2,224,914$1,992,520$3,253,015
56$3,488,918$2,301,301$2,026,636$3,521,698
57$3,811,127$2,380,404$2,060,867$3,815,916
58$4,165,140$2,462,322$2,095,184$4,138,216
59$4,554,168$2,547,160$2,129,557$4,491,406
60$4,981,750$2,635,027$2,163,954$4,878,577
61$5,451,781$2,726,036$2,198,339$5,303,135
62$5,968,555$2,820,304$2,232,675$5,768,830
63$6,536,801$2,917,953$2,266,924$6,279,793
64$7,161,732$3,019,109$2,301,043$6,840,575
65$7,849,088$3,123,905$2,334,987$7,456,189
66$8,605,195$3,232,477$2,368,709$8,132,157
67$9,437,024$3,344,967$2,402,160$8,874,562
68$10,352,253$3,461,523$2,435,285$9,690,106
69$11,359,344$3,582,299$2,468,029$10,586,170
70$12,467,621$3,707,455$2,500,330$11,570,889
71$13,687,354$3,837,156$2,532,128$12,653,223
72$15,029,863$3,971,576$2,563,353$13,843,044
73$16,507,620$4,110,894$2,593,936$15,151,229
74$18,134,367$4,255,297$2,623,802$16,589,759
75$19,925,245$4,404,979$2,652,872$18,171,839
76$21,896,939$4,560,143$2,681,063$19,912,013
77$24,067,835$4,720,998$2,708,287$21,826,310
78$26,458,191$4,887,763$2,734,451$23,932,387
79$29,090,329$5,060,667$2,759,458$26,249,703
80$31,988,848$5,239,944$2,783,205$28,799,695
81$35,180,852$5,425,843$2,805,584$31,605,985
82$38,696,207$5,618,618$2,826,480$34,694,600
83$42,567,827$5,818,537$2,845,773$38,094,219
84$46,831,978$6,025,877$2,863,339$41,836,443
85$51,528,621$6,240,927$2,879,043$45,956,092
86$56,701,796$6,463,988$2,892,746$50,491,532
87$62,400,028$6,695,372$2,904,302$55,485,042
88$68,676,791$6,935,406$2,913,556$60,983,206
89$75,591,011$7,184,428$2,920,347$67,037,356
90$83,207,620$7,442,791$2,924,505$73,704,058
91$91,598,173$7,710,863$2,925,852$81,045,638
92$100,841,519$7,989,028$2,924,200$89,130,779
93$111,024,546$8,277,682$2,919,353$98,035,164
94$122,243,004$8,577,243$2,911,105$107,842,188
95$134,602,404$8,888,141$2,899,241$118,643,750
96$148,219,017$9,210,828$2,883,533$130,541,116
97$163,220,970$9,545,772$2,863,745$143,645,876
98$179,749,457$9,893,463$2,839,628$158,080,994
99$197,960,067$10,254,408$2,810,922$173,981,975
100$218,024,259$10,629,139$2,777,353$191,498,136