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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.8%
1 years$145,339$144,045$142,781$141,549$140,345$135,907
2 years$71,950$70,610$69,311$68,052$66,831$62,400
3 years$47,490$46,144$44,849$43,602$42,400$38,115
4 years$35,263$33,921$32,639$31,413$30,240$26,134
5 years$27,928$26,595$25,329$24,128$22,988$19,072
6 years$23,040$21,716$20,470$19,295$18,190$14,467
7 years$19,550$18,237$17,010$15,864$14,793$11,263
8 years$16,933$15,633$14,426$13,308$12,272$8,933
9 years$14,900$13,611$12,425$11,335$10,335$7,182
10 years$13,273$11,998$10,833$9,771$8,806$5,835
11 years$11,944$10,681$9,537$8,504$7,573$4,779
12 years$10,836$9,586$8,464$7,459$6,563$3,939
13 years$9,900$8,663$7,562$6,585$5,723$3,264
14 years$9,099$7,875$6,794$5,846$5,017$2,715
15 years$8,404$7,194$6,134$5,213$4,417$2,267
16 years$7,797$6,600$5,562$4,668$3,904$1,897
17 years$7,263$6,078$5,061$4,194$3,461$1,592
18 years$6,788$5,617$4,620$3,780$3,078$1,338
19 years$6,363$5,206$4,229$3,415$2,743$1,126
20 years$5,982$4,837$3,881$3,093$2,450$949
21 years$5,637$4,506$3,570$2,807$2,193$801
22 years$5,324$4,206$3,290$2,552$1,966$677
23 years$5,039$3,934$3,038$2,325$1,764$572
24 years$4,777$3,686$2,810$2,120$1,586$484
25 years$4,538$3,459$2,602$1,936$1,427$410
26 years$4,316$3,251$2,414$1,770$1,285$347
27 years$4,112$3,059$2,241$1,620$1,159$294
28 years$3,923$2,883$2,084$1,485$1,046$249
29 years$3,747$2,720$1,939$1,361$944$211
30 years$3,583$2,568$1,806$1,250$853$179
31 years$3,429$2,428$1,684$1,148$771$152
32 years$3,286$2,297$1,571$1,055$698$129
33 years$3,152$2,176$1,467$970$631$109
34 years$3,026$2,062$1,370$892$572$93
35 years$2,907$1,956$1,281$821$518$79
36 years$2,795$1,856$1,199$757$469$67
37 years$2,690$1,763$1,122$697$425$57
38 years$2,590$1,676$1,051$642$386$48
39 years$2,496$1,593$984$592$350$41
40 years$2,406$1,516$923$546$317$35
41 years$2,321$1,443$865$504$288$29
42 years$2,241$1,374$811$465$261$25
43 years$2,164$1,309$761$429$237$21
44 years$2,091$1,248$715$397$215$18
45 years$2,022$1,190$671$366$195$15
46 years$1,955$1,135$630$338$177$13
47 years$1,892$1,083$592$313$161$11
48 years$1,832$1,034$557$289$146$9
49 years$1,774$988$523$267$133$8
50 years$1,718$944$492$247$121$7

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 $3,910 every year, while hoping to spend $53,950 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: 47/27/26 Blend
48$1,760,000$1,760,000$1,760,000$1,760,000
49$1,943,553$1,850,273$1,822,993$2,020,271
50$2,084,393$1,883,534$1,826,661$2,107,917
51$2,237,791$1,916,617$1,828,644$2,197,397
52$2,404,970$1,949,455$1,828,828$2,293,466
53$2,587,277$1,981,979$1,827,094$2,396,771
54$2,786,195$2,014,112$1,823,317$2,508,024
55$3,003,356$2,045,772$1,817,367$2,628,011
56$3,240,556$2,076,873$1,809,107$2,757,603
57$3,499,772$2,107,319$1,798,391$2,897,757
58$3,783,182$2,137,010$1,785,070$3,049,534
59$4,093,182$2,165,839$1,768,985$3,214,100
60$4,432,411$2,193,691$1,749,972$3,392,747
61$4,803,777$2,220,441$1,727,855$3,586,898
62$5,210,478$2,245,959$1,702,454$3,798,124
63$5,656,040$2,270,104$1,673,579$4,028,161
64$6,144,343$2,292,725$1,641,031$4,278,923
65$6,679,661$2,313,664$1,604,601$4,552,522
66$7,266,702$2,332,750$1,564,071$4,851,291
67$7,910,652$2,349,801$1,519,214$5,177,801
68$8,617,221$2,364,624$1,469,790$5,534,893
69$9,392,700$2,377,013$1,415,550$5,925,700
70$10,244,019$2,386,749$1,356,235$6,353,679
71$11,178,810$2,393,601$1,291,569$6,822,644
72$12,205,481$2,397,320$1,221,270$7,336,803
73$13,333,296$2,397,644$1,145,038$7,900,801
74$14,572,457$2,394,294$1,062,562$8,519,759
75$15,934,207$2,386,974$973,517$9,199,329
76$17,430,929$2,375,368$877,562$9,945,745
77$19,076,267$2,359,144$774,344$10,765,883
78$20,885,251$2,337,948$663,490$11,667,330
79$22,874,444$2,311,404$544,613$12,658,452
80$25,062,089$2,279,115$417,309$13,748,478
81$27,468,289$2,240,658$281,156$14,947,588
82$30,115,192$2,195,588$135,713$16,267,008
83$33,027,201$2,143,432$0$17,719,121
84$36,231,204$2,083,688$0$19,322,991
85$39,756,824$2,015,826$0$21,128,798
86$43,636,704$1,939,285$0$23,115,600
87$47,906,809$1,853,472$0$25,301,855
88$52,606,768$1,757,757$0$27,707,910
89$57,780,247$1,651,476$0$30,356,192
90$63,475,360$1,533,926$0$33,271,420
91$69,745,123$1,404,364$0$36,480,842
92$76,647,953$1,262,006$0$40,014,491
93$84,248,220$1,106,019$0$43,905,471
94$92,616,852$935,528$0$48,190,268
95$101,832,007$749,605$0$52,909,099
96$111,979,808$547,272$0$58,106,292
97$123,155,154$327,493$0$63,830,706
98$135,462,617$89,178$0$70,136,191
99$149,017,429$0$0$77,082,102
100$163,946,567$0$0$84,784,020