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%17.4%
1 years$144,513$143,226$141,970$140,744$139,547$135,352
2 years$71,541$70,209$68,918$67,666$66,451$62,259
3 years$47,220$45,882$44,594$43,354$42,159$38,103
4 years$35,062$33,728$32,453$31,234$30,068$26,178
5 years$27,769$26,443$25,185$23,991$22,858$19,144
6 years$22,909$21,593$20,353$19,186$18,086$14,554
7 years$19,439$18,134$16,914$15,774$14,709$11,356
8 years$16,837$15,544$14,344$13,232$12,203$9,028
9 years$14,815$13,534$12,355$11,271$10,276$7,277
10 years$13,198$11,929$10,771$9,716$8,756$5,927
11 years$11,876$10,620$9,483$8,455$7,530$4,867
12 years$10,775$9,532$8,416$7,417$6,526$4,022
13 years$9,844$8,614$7,519$6,548$5,691$3,342
14 years$9,047$7,830$6,756$5,812$4,988$2,788
15 years$8,357$7,153$6,099$5,184$4,392$2,334
16 years$7,753$6,563$5,530$4,641$3,882$1,959
17 years$7,221$6,044$5,032$4,170$3,442$1,648
18 years$6,749$5,585$4,594$3,758$3,060$1,390
19 years$6,327$5,176$4,205$3,396$2,728$1,173
20 years$5,948$4,810$3,859$3,076$2,436$992
21 years$5,605$4,480$3,550$2,791$2,180$840
22 years$5,294$4,182$3,272$2,538$1,954$712
23 years$5,010$3,911$3,021$2,311$1,754$603
24 years$4,750$3,665$2,794$2,108$1,577$512
25 years$4,512$3,439$2,588$1,925$1,419$435
26 years$4,292$3,232$2,400$1,760$1,278$369
27 years$4,089$3,042$2,229$1,611$1,152$314
28 years$3,900$2,866$2,072$1,476$1,040$267
29 years$3,725$2,704$1,928$1,354$939$227
30 years$3,562$2,554$1,796$1,242$848$193
31 years$3,410$2,414$1,674$1,141$767$164
32 years$3,268$2,284$1,562$1,049$694$140
33 years$3,134$2,163$1,458$964$628$119
34 years$3,009$2,050$1,363$887$568$101
35 years$2,891$1,945$1,274$817$515$86
36 years$2,779$1,846$1,192$752$467$73
37 years$2,674$1,753$1,116$693$423$62
38 years$2,575$1,666$1,045$639$383$53
39 years$2,481$1,584$979$589$348$45
40 years$2,393$1,507$917$543$315$39
41 years$2,308$1,435$860$501$286$33
42 years$2,228$1,366$807$463$260$28
43 years$2,152$1,302$757$427$236$24
44 years$2,079$1,241$711$394$214$20
45 years$2,010$1,183$667$364$194$17
46 years$1,944$1,129$627$336$176$15
47 years$1,881$1,077$589$311$160$13
48 years$1,821$1,028$553$287$145$11
49 years$1,764$982$520$265$132$9
50 years$1,709$938$489$245$120$8

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 $4,734 every year, while hoping to spend $43,384 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: 53/31/16 Blend
48$1,750,000$1,750,000$1,750,000$1,750,000
49$1,933,383$1,840,633$1,813,508$2,027,285
50$2,084,428$1,884,664$1,828,100$2,136,044
51$2,249,425$1,929,398$1,841,727$2,249,321
52$2,429,753$1,974,825$1,854,311$2,371,608
53$2,626,926$2,020,930$1,865,769$2,503,772
54$2,842,615$2,067,698$1,876,016$2,646,770
55$3,078,659$2,115,112$1,884,959$2,801,654
56$3,337,081$2,163,152$1,892,504$2,969,584
57$3,620,111$2,211,794$1,898,550$3,151,839
58$3,930,203$2,261,012$1,902,993$3,349,826
59$4,270,061$2,310,779$1,905,720$3,565,097
60$4,642,663$2,361,062$1,906,617$3,799,362
61$5,051,287$2,411,827$1,905,561$4,054,504
62$5,499,545$2,463,034$1,902,424$4,332,600
63$5,991,416$2,514,640$1,897,073$4,635,936
64$6,531,282$2,566,598$1,889,366$4,967,035
65$7,123,969$2,618,859$1,879,157$5,328,674
66$7,774,796$2,671,364$1,866,290$5,723,915
67$8,489,618$2,724,054$1,850,604$6,156,132
68$9,274,888$2,776,862$1,831,929$6,629,046
69$10,137,716$2,829,717$1,810,087$7,146,754
70$11,085,930$2,882,540$1,784,892$7,713,775
71$12,128,158$2,935,248$1,756,150$8,335,088
72$13,273,905$2,987,750$1,723,655$9,016,181
73$14,533,641$3,039,948$1,687,196$9,763,102
74$15,918,903$3,091,736$1,646,547$10,582,519
75$17,442,401$3,143,001$1,601,476$11,481,780
76$19,118,139$3,193,620$1,551,738$12,468,983
77$20,961,545$3,243,463$1,497,077$13,553,055
78$22,989,619$3,292,390$1,437,226$14,743,836
79$25,221,091$3,340,248$1,371,904$16,052,170
80$27,676,599$3,386,877$1,300,820$17,490,010
81$30,378,883$3,432,105$1,223,668$19,070,530
82$33,352,996$3,475,745$1,140,128$20,808,251
83$36,626,546$3,517,601$1,049,867$22,719,179
84$40,229,952$3,557,462$952,536$24,820,954
85$44,196,732$3,595,102$847,770$27,133,019
86$48,563,817$3,630,281$735,189$29,676,804
87$53,371,905$3,662,743$614,396$32,475,928
88$58,665,836$3,692,214$484,976$35,556,427
89$64,495,024$3,718,405$346,495$38,946,993
90$70,913,915$3,741,005$198,501$42,679,251
91$77,982,505$3,759,686$40,522$46,788,058
92$85,766,906$3,774,095$0$51,311,831
93$94,339,966$3,783,862$0$56,314,778
94$103,781,961$3,788,589$0$61,830,506
95$114,181,348$3,787,857$0$67,903,618
96$125,635,601$3,781,218$0$74,590,897
97$138,252,133$3,768,198$0$81,954,925
98$152,149,304$3,748,294$0$90,064,668
99$167,457,544$3,720,971$0$98,996,128
100$184,320,578$3,685,663$0$108,833,067