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%17%
1 years$142,862$141,589$140,348$139,136$137,953$134,020
2 years$70,724$69,406$68,130$66,892$65,692$61,760
3 years$46,681$45,358$44,085$42,859$41,678$37,871
4 years$34,662$33,343$32,082$30,877$29,725$26,071
5 years$27,452$26,141$24,897$23,717$22,596$19,106
6 years$22,647$21,346$20,121$18,966$17,880$14,557
7 years$19,217$17,927$16,720$15,593$14,541$11,385
8 years$16,645$15,366$14,180$13,081$12,063$9,072
9 years$14,646$13,379$12,213$11,142$10,159$7,330
10 years$13,047$11,793$10,648$9,604$8,656$5,985
11 years$11,740$10,499$9,374$8,359$7,444$4,927
12 years$10,652$9,423$8,319$7,332$6,451$4,083
13 years$9,732$8,516$7,433$6,473$5,626$3,401
14 years$8,943$7,741$6,678$5,746$4,931$2,845
15 years$8,261$7,071$6,030$5,124$4,342$2,389
16 years$7,665$6,488$5,467$4,588$3,837$2,011
17 years$7,139$5,975$4,975$4,123$3,402$1,697
18 years$6,672$5,521$4,541$3,715$3,025$1,435
19 years$6,255$5,117$4,157$3,357$2,697$1,215
20 years$5,880$4,755$3,815$3,040$2,409$1,031
21 years$5,541$4,429$3,509$2,759$2,155$875
22 years$5,233$4,134$3,234$2,509$1,932$744
23 years$4,953$3,867$2,986$2,285$1,734$633
24 years$4,696$3,623$2,762$2,084$1,559$539
25 years$4,460$3,400$2,558$1,903$1,403$459
26 years$4,243$3,195$2,372$1,740$1,264$391
27 years$4,042$3,007$2,203$1,593$1,139$333
28 years$3,856$2,834$2,048$1,459$1,028$284
29 years$3,683$2,673$1,906$1,338$928$243
30 years$3,522$2,525$1,775$1,228$839$207
31 years$3,371$2,387$1,655$1,128$758$177
32 years$3,230$2,258$1,544$1,037$686$151
33 years$3,098$2,139$1,442$953$621$129
34 years$2,974$2,027$1,347$877$562$110
35 years$2,858$1,922$1,259$807$509$94
36 years$2,748$1,825$1,178$744$461$80
37 years$2,644$1,733$1,103$685$418$69
38 years$2,546$1,647$1,033$632$379$59
39 years$2,453$1,566$968$582$344$50
40 years$2,365$1,490$907$537$312$43
41 years$2,282$1,418$850$496$283$37
42 years$2,203$1,351$798$457$257$31
43 years$2,127$1,287$748$422$233$27
44 years$2,055$1,227$703$390$211$23
45 years$1,987$1,170$660$360$192$19
46 years$1,922$1,116$620$333$174$17
47 years$1,860$1,065$582$307$158$14
48 years$1,800$1,017$547$284$144$12
49 years$1,743$971$514$262$130$10
50 years$1,689$927$483$242$119$9

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 $2,101 every year, while hoping to spend $20,319 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: 57/15/28 Blend
48$1,730,000$1,730,000$1,730,000$1,730,000
49$1,908,627$1,816,937$1,790,122$2,002,643
50$2,081,688$1,884,348$1,828,472$2,134,835
51$2,271,720$1,954,381$1,867,426$2,276,545
52$2,480,432$2,027,143$1,906,982$2,430,594
53$2,709,709$2,102,745$1,947,138$2,598,183
54$2,961,625$2,181,305$1,987,893$2,780,632
55$3,238,465$2,262,943$2,029,241$2,979,396
56$3,542,748$2,347,787$2,071,180$3,196,073
57$3,877,247$2,435,967$2,113,703$3,432,428
58$4,245,018$2,527,622$2,156,805$3,690,398
59$4,649,430$2,622,895$2,200,478$3,972,120
60$5,094,192$2,721,937$2,244,714$4,279,945
61$5,583,390$2,824,903$2,289,502$4,616,462
62$6,121,529$2,931,956$2,334,834$4,984,523
63$6,713,570$3,043,267$2,380,696$5,387,268
64$7,364,980$3,159,013$2,427,075$5,828,155
65$8,081,783$3,279,379$2,473,957$6,310,992
66$8,870,615$3,404,559$2,521,324$6,839,975
67$9,738,789$3,534,754$2,569,160$7,419,722
68$10,694,363$3,670,175$2,617,445$8,055,324
69$11,746,216$3,811,041$2,666,157$8,752,386
70$12,904,130$3,957,582$2,715,273$9,517,081
71$14,178,885$4,110,037$2,764,769$10,356,213
72$15,582,359$4,268,657$2,814,616$11,277,272
73$17,127,640$4,433,701$2,864,786$12,288,514
74$18,829,150$4,605,443$2,915,247$13,399,030
75$20,702,780$4,784,166$2,965,965$14,618,838
76$22,766,041$4,970,169$3,016,903$15,958,974
77$25,038,231$5,163,760$3,068,022$17,431,595
78$27,540,610$5,365,264$3,119,280$19,050,097
79$30,296,609$5,575,019$3,170,633$20,829,237
80$33,332,045$5,793,377$3,222,031$22,785,274
81$36,675,370$6,020,709$3,273,425$24,936,123
82$40,357,932$6,257,398$3,324,760$27,301,519
83$44,414,279$6,503,848$3,375,977$29,903,210
84$48,882,478$6,760,479$3,427,015$32,765,157
85$53,804,478$7,027,730$3,477,807$35,913,759
86$59,226,506$7,306,060$3,528,285$39,378,105
87$65,199,501$7,595,948$3,578,374$43,190,246
88$71,779,596$7,897,896$3,627,995$47,385,499
89$79,028,648$8,212,426$3,677,066$52,002,775
90$87,014,820$8,540,085$3,725,498$57,084,953
91$95,813,228$8,881,444$3,773,198$62,679,277
92$105,506,644$9,237,102$3,820,067$68,837,807
93$116,186,283$9,607,682$3,866,000$75,617,906
94$127,952,661$9,993,835$3,910,889$83,082,783
95$140,916,544$10,396,245$3,954,615$91,302,089
96$155,199,994$10,815,623$3,997,057$100,352,572
97$170,937,519$11,252,714$4,038,084$110,318,802
98$188,277,346$11,708,298$4,077,560$121,293,970
99$207,382,818$12,183,187$4,115,341$133,380,764
100$228,433,935$12,678,233$4,151,275$146,692,340