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%13.4%
1 years$145,339$144,045$142,781$141,549$140,345$138,362
2 years$71,950$70,610$69,311$68,052$66,831$64,837
3 years$47,490$46,144$44,849$43,602$42,400$40,457
4 years$35,263$33,921$32,639$31,413$30,240$28,363
5 years$27,928$26,595$25,329$24,128$22,988$21,182
6 years$23,040$21,716$20,470$19,295$18,190$16,458
7 years$19,550$18,237$17,010$15,864$14,793$13,135
8 years$16,933$15,633$14,426$13,308$12,272$10,688
9 years$14,900$13,611$12,425$11,335$10,335$8,824
10 years$13,273$11,998$10,833$9,771$8,806$7,367
11 years$11,944$10,681$9,537$8,504$7,573$6,205
12 years$10,836$9,586$8,464$7,459$6,563$5,264
13 years$9,900$8,663$7,562$6,585$5,723$4,491
14 years$9,099$7,875$6,794$5,846$5,017$3,850
15 years$8,404$7,194$6,134$5,213$4,417$3,314
16 years$7,797$6,600$5,562$4,668$3,904$2,862
17 years$7,263$6,078$5,061$4,194$3,461$2,479
18 years$6,788$5,617$4,620$3,780$3,078$2,152
19 years$6,363$5,206$4,229$3,415$2,743$1,872
20 years$5,982$4,837$3,881$3,093$2,450$1,631
21 years$5,637$4,506$3,570$2,807$2,193$1,424
22 years$5,324$4,206$3,290$2,552$1,966$1,244
23 years$5,039$3,934$3,038$2,325$1,764$1,088
24 years$4,777$3,686$2,810$2,120$1,586$953
25 years$4,538$3,459$2,602$1,936$1,427$835
26 years$4,316$3,251$2,414$1,770$1,285$733
27 years$4,112$3,059$2,241$1,620$1,159$643
28 years$3,923$2,883$2,084$1,485$1,046$565
29 years$3,747$2,720$1,939$1,361$944$496
30 years$3,583$2,568$1,806$1,250$853$436
31 years$3,429$2,428$1,684$1,148$771$384
32 years$3,286$2,297$1,571$1,055$698$338
33 years$3,152$2,176$1,467$970$631$297
34 years$3,026$2,062$1,370$892$572$261
35 years$2,907$1,956$1,281$821$518$230
36 years$2,795$1,856$1,199$757$469$203
37 years$2,690$1,763$1,122$697$425$178
38 years$2,590$1,676$1,051$642$386$157
39 years$2,496$1,593$984$592$350$138
40 years$2,406$1,516$923$546$317$122
41 years$2,321$1,443$865$504$288$108
42 years$2,241$1,374$811$465$261$95
43 years$2,164$1,309$761$429$237$84
44 years$2,091$1,248$715$397$215$74
45 years$2,022$1,190$671$366$195$65
46 years$1,955$1,135$630$338$177$57
47 years$1,892$1,083$592$313$161$50
48 years$1,832$1,034$557$289$146$44
49 years$1,774$988$523$267$133$39
50 years$1,718$944$492$247$121$35

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 $2,621 every year, while hoping to spend $41,867 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: 66/23/11 Blend
48$1,760,000$1,760,000$1,760,000$1,760,000
49$1,942,224$1,848,944$1,821,664$2,065,586
50$2,095,784$1,894,996$1,838,143$2,194,146
51$2,263,605$1,941,901$1,853,772$2,329,414
52$2,447,096$1,989,657$1,868,476$2,476,184
53$2,647,810$2,038,261$1,882,180$2,635,574
54$2,867,457$2,087,706$1,894,804$2,808,819
55$3,107,919$2,137,985$1,906,261$2,997,276
56$3,371,270$2,189,089$1,916,464$3,202,441
57$3,659,792$2,241,008$1,925,318$3,425,961
58$3,976,000$2,293,727$1,932,726$3,669,651
59$4,322,663$2,347,230$1,938,583$3,935,509
60$4,702,831$2,401,501$1,942,782$4,225,736
61$5,119,863$2,456,517$1,945,208$4,542,758
62$5,577,457$2,512,255$1,945,741$4,889,247
63$6,079,691$2,568,689$1,944,257$5,268,146
64$6,631,053$2,625,788$1,940,623$5,682,699
65$7,236,487$2,683,518$1,934,700$6,136,477
66$7,901,441$2,741,843$1,926,345$6,633,417
67$8,631,916$2,800,721$1,915,406$7,177,858
68$9,434,522$2,860,107$1,901,722$7,774,577
69$10,316,541$2,919,950$1,885,128$8,428,841
70$11,285,997$2,980,196$1,865,448$9,146,452
71$12,351,728$3,040,785$1,842,500$9,933,804
72$13,523,473$3,101,652$1,816,092$10,797,941
73$14,811,959$3,162,725$1,786,023$11,746,628
74$16,229,007$3,223,927$1,752,083$12,788,418
75$17,787,640$3,285,173$1,714,052$13,932,740
76$19,502,207$3,346,375$1,671,701$15,189,981
77$21,388,517$3,407,432$1,624,787$16,571,588
78$23,463,988$3,468,239$1,573,061$18,090,177
79$25,747,814$3,528,681$1,516,257$19,759,650
80$28,261,141$3,588,637$1,454,102$21,595,326
81$31,027,269$3,647,972$1,386,306$23,614,087
82$34,071,872$3,706,544$1,312,569$25,834,539
83$37,423,239$3,764,201$1,232,576$28,277,184
84$41,112,541$3,820,778$1,145,999$30,964,616
85$45,174,124$3,876,100$1,052,493$33,921,735
86$49,645,833$3,929,977$951,700$37,175,980
87$54,569,371$3,982,209$843,245$40,757,593
88$59,990,689$4,032,580$726,737$44,699,898
89$65,960,422$4,080,859$601,765$49,039,620
90$72,534,364$4,126,800$467,903$53,817,233
91$79,773,997$4,170,141$324,705$59,077,339
92$87,747,068$4,210,601$171,706$64,869,092
93$96,528,229$4,247,881$8,419$71,246,663
94$106,199,745$4,281,663$0$78,269,748
95$116,852,263$4,311,608$0$86,023,600
96$128,585,672$4,337,355$0$94,563,577
97$141,510,044$4,358,520$0$103,968,655
98$155,746,675$4,374,694$0$114,326,954
99$171,429,224$4,385,442$0$125,735,584
100$188,704,980$4,390,303$0$138,301,557