Can I retire at age 49 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$145,339$144,045$142,781$141,549$140,345$139,227
2 years$71,950$70,610$69,311$68,052$66,831$65,704
3 years$47,490$46,144$44,849$43,602$42,400$41,299
4 years$35,263$33,921$32,639$31,413$30,240$29,174
5 years$27,928$26,595$25,329$24,128$22,988$21,959
6 years$23,040$21,716$20,470$19,295$18,190$17,200
7 years$19,550$18,237$17,010$15,864$14,793$13,842
8 years$16,933$15,633$14,426$13,308$12,272$11,361
9 years$14,900$13,611$12,425$11,335$10,335$9,463
10 years$13,273$11,998$10,833$9,771$8,806$7,972
11 years$11,944$10,681$9,537$8,504$7,573$6,778
12 years$10,836$9,586$8,464$7,459$6,563$5,804
13 years$9,900$8,663$7,562$6,585$5,723$5,001
14 years$9,099$7,875$6,794$5,846$5,017$4,330
15 years$8,404$7,194$6,134$5,213$4,417$3,765
16 years$7,797$6,600$5,562$4,668$3,904$3,285
17 years$7,263$6,078$5,061$4,194$3,461$2,875
18 years$6,788$5,617$4,620$3,780$3,078$2,523
19 years$6,363$5,206$4,229$3,415$2,743$2,219
20 years$5,982$4,837$3,881$3,093$2,450$1,955
21 years$5,637$4,506$3,570$2,807$2,193$1,725
22 years$5,324$4,206$3,290$2,552$1,966$1,525
23 years$5,039$3,934$3,038$2,325$1,764$1,350
24 years$4,777$3,686$2,810$2,120$1,586$1,196
25 years$4,538$3,459$2,602$1,936$1,427$1,060
26 years$4,316$3,251$2,414$1,770$1,285$941
27 years$4,112$3,059$2,241$1,620$1,159$836
28 years$3,923$2,883$2,084$1,485$1,046$743
29 years$3,747$2,720$1,939$1,361$944$661
30 years$3,583$2,568$1,806$1,250$853$588
31 years$3,429$2,428$1,684$1,148$771$524
32 years$3,286$2,297$1,571$1,055$698$466
33 years$3,152$2,176$1,467$970$631$416
34 years$3,026$2,062$1,370$892$572$370
35 years$2,907$1,956$1,281$821$518$330
36 years$2,795$1,856$1,199$757$469$294
37 years$2,690$1,763$1,122$697$425$263
38 years$2,590$1,676$1,051$642$386$234
39 years$2,496$1,593$984$592$350$209
40 years$2,406$1,516$923$546$317$187
41 years$2,321$1,443$865$504$288$167
42 years$2,241$1,374$811$465$261$149
43 years$2,164$1,309$761$429$237$133
44 years$2,091$1,248$715$397$215$119
45 years$2,022$1,190$671$366$195$106
46 years$1,955$1,135$630$338$177$95
47 years$1,892$1,083$592$313$161$84
48 years$1,832$1,034$557$289$146$75
49 years$1,774$988$523$267$133$67
50 years$1,718$944$492$247$121$60

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,760,000, adding $2,836 every year, while hoping to spend $40,644 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: 52/24/24 Blend
48$1,760,000$1,760,000$1,760,000$1,760,000
49$1,942,445$1,849,165$1,821,885$2,030,332
50$2,097,330$1,896,530$1,839,674$2,138,787
51$2,266,650$1,944,852$1,856,696$2,252,301
52$2,451,836$1,994,138$1,872,883$2,374,946
53$2,654,462$2,044,389$1,888,163$2,507,605
54$2,876,261$2,095,607$1,902,459$2,651,255
55$3,119,140$2,147,793$1,915,693$2,806,968
56$3,385,203$2,200,946$1,927,779$2,975,928
57$3,676,764$2,255,062$1,938,629$3,159,438
58$3,996,371$2,310,137$1,948,151$3,358,937
59$4,346,832$2,366,165$1,956,245$3,576,005
60$4,731,239$2,423,138$1,962,810$3,812,389
61$5,152,999$2,481,044$1,967,737$4,070,010
62$5,615,861$2,539,872$1,970,913$4,350,987
63$6,123,960$2,599,607$1,972,219$4,657,654
64$6,681,846$2,660,229$1,971,530$4,992,585
65$7,294,533$2,721,720$1,968,716$5,358,615
66$7,967,545$2,784,054$1,963,637$5,758,870
67$8,706,967$2,847,205$1,956,152$6,196,793
68$9,519,502$2,911,142$1,946,107$6,676,182
69$10,412,535$2,975,832$1,933,346$7,201,220
70$11,394,202$3,041,236$1,917,701$7,776,519
71$12,473,466$3,107,312$1,898,999$8,407,161
72$13,660,202$3,174,013$1,877,058$9,098,749
73$14,965,290$3,241,287$1,851,687$9,857,457
74$16,400,717$3,309,077$1,822,686$10,690,090
75$17,979,690$3,377,322$1,789,846$11,604,150
76$19,716,761$3,445,953$1,752,948$12,607,902
77$21,627,962$3,514,896$1,711,763$13,710,460
78$23,730,958$3,584,070$1,666,051$14,921,867
79$26,045,213$3,653,387$1,615,561$16,253,193
80$28,592,174$3,722,752$1,560,032$17,716,637
81$31,395,471$3,792,062$1,499,188$19,325,647
82$34,481,141$3,861,205$1,432,743$21,095,046
83$37,877,875$3,930,062$1,360,398$23,041,169
84$41,617,285$3,998,501$1,281,837$25,182,021
85$45,734,204$4,066,384$1,196,735$27,537,446
86$50,267,016$4,133,560$1,104,749$30,129,319
87$55,258,014$4,199,867$1,005,521$32,981,744
88$60,753,803$4,265,132$898,677$36,121,293
89$66,805,735$4,329,168$783,827$39,577,249
90$73,470,399$4,391,775$660,563$43,381,888
91$80,810,148$4,452,740$528,460$47,570,782
92$88,893,693$4,511,835$387,074$52,183,139
93$97,796,748$4,568,813$235,940$57,262,169
94$107,602,746$4,623,415$74,573$62,855,495
95$118,403,624$4,675,360$0$69,015,608
96$130,300,691$4,724,350$0$75,825,356
97$143,405,586$4,770,067$0$83,345,501
98$157,841,328$4,812,173$0$91,627,334
99$173,743,479$4,850,306$0$100,748,446
100$191,261,424$4,884,080$0$110,794,341