Can I retire at age 49 with 1,750,000?

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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$144,513$143,226$141,970$140,744$139,547$138,726
2 years$71,541$70,209$68,918$67,666$66,451$65,623
3 years$47,220$45,882$44,594$43,354$42,159$41,349
4 years$35,062$33,728$32,453$31,234$30,068$29,283
5 years$27,769$26,443$25,185$23,991$22,858$22,099
6 years$22,909$21,593$20,353$19,186$18,086$17,356
7 years$19,439$18,134$16,914$15,774$14,709$14,007
8 years$16,837$15,544$14,344$13,232$12,203$11,528
9 years$14,815$13,534$12,355$11,271$10,276$9,630
10 years$13,198$11,929$10,771$9,716$8,756$8,138
11 years$11,876$10,620$9,483$8,455$7,530$6,939
12 years$10,775$9,532$8,416$7,417$6,526$5,962
13 years$9,844$8,614$7,519$6,548$5,691$5,153
14 years$9,047$7,830$6,756$5,812$4,988$4,476
15 years$8,357$7,153$6,099$5,184$4,392$3,905
16 years$7,753$6,563$5,530$4,641$3,882$3,419
17 years$7,221$6,044$5,032$4,170$3,442$3,003
18 years$6,749$5,585$4,594$3,758$3,060$2,644
19 years$6,327$5,176$4,205$3,396$2,728$2,334
20 years$5,948$4,810$3,859$3,076$2,436$2,064
21 years$5,605$4,480$3,550$2,791$2,180$1,828
22 years$5,294$4,182$3,272$2,538$1,954$1,622
23 years$5,010$3,911$3,021$2,311$1,754$1,441
24 years$4,750$3,665$2,794$2,108$1,577$1,281
25 years$4,512$3,439$2,588$1,925$1,419$1,141
26 years$4,292$3,232$2,400$1,760$1,278$1,016
27 years$4,089$3,042$2,229$1,611$1,152$907
28 years$3,900$2,866$2,072$1,476$1,040$809
29 years$3,725$2,704$1,928$1,354$939$722
30 years$3,562$2,554$1,796$1,242$848$645
31 years$3,410$2,414$1,674$1,141$767$577
32 years$3,268$2,284$1,562$1,049$694$516
33 years$3,134$2,163$1,458$964$628$462
34 years$3,009$2,050$1,363$887$568$413
35 years$2,891$1,945$1,274$817$515$370
36 years$2,779$1,846$1,192$752$467$331
37 years$2,674$1,753$1,116$693$423$297
38 years$2,575$1,666$1,045$639$383$266
39 years$2,481$1,584$979$589$348$238
40 years$2,393$1,507$917$543$315$214
41 years$2,308$1,435$860$501$286$191
42 years$2,228$1,366$807$463$260$172
43 years$2,152$1,302$757$427$236$154
44 years$2,079$1,241$711$394$214$138
45 years$2,010$1,183$667$364$194$124
46 years$1,944$1,129$627$336$176$111
47 years$1,881$1,077$589$311$160$100
48 years$1,821$1,028$553$287$145$89
49 years$1,764$982$520$265$132$80
50 years$1,709$938$489$245$120$72

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,750,000, adding $5,036 every year, while hoping to spend $39,496 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: 51/22/27 Blend
48$1,750,000$1,750,000$1,750,000$1,750,000
49$1,933,695$1,840,945$1,813,820$2,017,392
50$2,088,908$1,889,127$1,832,559$2,124,367
51$2,258,629$1,938,348$1,850,603$2,236,243
52$2,444,297$1,988,614$1,867,885$2,357,113
53$2,647,494$2,039,935$1,884,338$2,487,850
54$2,869,965$2,092,318$1,899,890$2,629,416
55$3,113,629$2,145,769$1,914,464$2,782,869
56$3,380,601$2,200,294$1,927,980$2,949,379
57$3,673,209$2,255,895$1,940,355$3,130,230
58$3,994,019$2,312,577$1,951,499$3,326,841
59$4,345,855$2,370,339$1,961,320$3,540,772
60$4,731,829$2,429,182$1,969,721$3,773,747
61$5,155,366$2,489,103$1,976,597$4,027,660
62$5,620,243$2,550,098$1,981,843$4,304,604
63$6,130,616$2,612,161$1,985,343$4,606,882
64$6,691,066$2,675,285$1,986,979$4,937,033
65$7,306,639$2,739,458$1,986,627$5,297,855
66$7,982,893$2,804,667$1,984,155$5,692,434
67$8,725,949$2,870,898$1,979,426$6,124,168
68$9,542,555$2,938,131$1,972,296$6,596,805
69$10,440,142$3,006,345$1,962,614$7,114,473
70$11,426,896$3,075,515$1,950,221$7,681,725
71$12,511,837$3,145,614$1,934,952$8,303,577
72$13,704,904$3,216,608$1,916,632$8,985,558
73$15,017,044$3,288,462$1,895,079$9,733,764
74$16,460,321$3,361,135$1,870,103$10,554,911
75$18,048,026$3,434,583$1,841,503$11,456,403
76$19,794,803$3,508,755$1,809,072$12,446,400
77$21,716,786$3,583,597$1,772,589$13,533,898
78$23,831,753$3,659,049$1,731,825$14,728,809
79$26,159,292$3,735,042$1,686,541$16,042,061
80$28,720,986$3,811,506$1,636,487$17,485,697
81$31,540,616$3,888,359$1,581,399$19,072,991
82$34,644,387$3,965,516$1,521,004$20,818,574
83$38,061,171$4,042,883$1,455,014$22,738,572
84$41,822,783$4,120,357$1,383,129$24,850,758
85$45,964,280$4,197,828$1,305,037$27,174,723
86$50,524,290$4,275,175$1,220,410$29,732,056
87$55,545,378$4,352,269$1,128,904$32,546,556
88$61,074,447$4,428,971$1,030,162$35,644,451
89$67,163,179$4,505,129$923,812$39,054,649
90$73,868,525$4,580,582$809,461$42,809,010
91$81,253,239$4,655,155$686,703$46,942,651
92$89,386,473$4,728,661$555,111$51,494,274
93$98,344,427$4,800,899$414,241$56,506,535
94$108,211,069$4,871,654$263,628$62,026,448
95$119,078,928$4,940,694$102,789$68,105,825
96$131,049,963$5,007,773$0$74,801,775
97$144,236,531$5,072,625$0$82,197,070
98$158,762,442$5,134,969$0$90,374,132
99$174,764,130$5,194,502$0$99,379,924
100$192,391,940$5,250,901$0$109,298,868