Can I retire at age 49 with 1,770,000?

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$146,165$144,863$143,593$142,353$141,142$140,253
2 years$72,359$71,011$69,705$68,439$67,211$66,313
3 years$47,760$46,407$45,104$43,849$42,641$41,764
4 years$35,463$34,114$32,824$31,591$30,412$29,562
5 years$28,087$26,746$25,473$24,265$23,119$22,298
6 years$23,171$21,840$20,586$19,405$18,293$17,502
7 years$19,661$18,341$17,107$15,954$14,877$14,117
8 years$17,030$15,722$14,508$13,383$12,342$11,613
9 years$14,984$13,689$12,496$11,400$10,394$9,695
10 years$13,349$12,066$10,894$9,827$8,856$8,188
11 years$12,012$10,741$9,591$8,552$7,616$6,978
12 years$10,898$9,641$8,512$7,501$6,600$5,991
13 years$9,957$8,713$7,605$6,623$5,756$5,175
14 years$9,150$7,920$6,833$5,879$5,045$4,492
15 years$8,452$7,235$6,169$5,243$4,442$3,916
16 years$7,842$6,638$5,593$4,694$3,926$3,427
17 years$7,304$6,113$5,090$4,218$3,481$3,007
18 years$6,826$5,649$4,646$3,801$3,095$2,646
19 years$6,399$5,235$4,253$3,435$2,759$2,334
20 years$6,016$4,865$3,904$3,111$2,464$2,062
21 years$5,669$4,531$3,590$2,823$2,205$1,826
22 years$5,354$4,230$3,309$2,567$1,977$1,618
23 years$5,067$3,956$3,055$2,338$1,774$1,437
24 years$4,805$3,707$2,826$2,132$1,595$1,277
25 years$4,563$3,478$2,617$1,947$1,435$1,136
26 years$4,341$3,269$2,427$1,780$1,293$1,011
27 years$4,135$3,077$2,254$1,630$1,166$901
28 years$3,945$2,899$2,095$1,493$1,052$804
29 years$3,768$2,735$1,950$1,369$950$717
30 years$3,603$2,583$1,816$1,257$858$640
31 years$3,449$2,442$1,693$1,154$776$572
32 years$3,305$2,310$1,580$1,061$702$511
33 years$3,170$2,188$1,475$975$635$457
34 years$3,043$2,074$1,378$897$575$408
35 years$2,924$1,967$1,289$826$521$365
36 years$2,811$1,867$1,205$761$472$327
37 years$2,705$1,773$1,128$701$428$293
38 years$2,605$1,685$1,057$646$388$262
39 years$2,510$1,602$990$596$352$235
40 years$2,420$1,524$928$550$319$210
41 years$2,335$1,451$870$507$289$188
42 years$2,253$1,382$816$468$263$168
43 years$2,176$1,317$766$432$238$151
44 years$2,103$1,255$719$399$216$135
45 years$2,033$1,197$675$368$196$121
46 years$1,966$1,142$634$340$178$109
47 years$1,903$1,090$596$314$162$97
48 years$1,842$1,040$560$290$147$87
49 years$1,784$993$526$268$134$78
50 years$1,728$949$495$248$121$70

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,770,000, adding $5,362 every year, while hoping to spend $56,781 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: 65/21/14 Blend
48$1,770,000$1,770,000$1,770,000$1,770,000
49$1,956,071$1,862,261$1,834,826$2,076,402
50$2,095,176$1,893,097$1,835,878$2,188,348
51$2,246,566$1,923,541$1,835,062$2,303,532
52$2,411,435$1,953,514$1,832,256$2,427,984
53$2,591,096$1,982,931$1,827,331$2,562,608
54$2,786,994$2,011,701$1,820,153$2,708,398
55$3,000,719$2,039,725$1,810,580$2,866,453
56$3,234,021$2,066,901$1,798,463$3,037,981
57$3,488,828$2,093,116$1,783,649$3,224,317
58$3,767,261$2,118,251$1,765,974$3,426,931
59$4,071,655$2,142,179$1,745,267$3,647,442
60$4,404,582$2,164,764$1,721,351$3,887,636
61$4,768,872$2,185,860$1,694,039$4,149,483
62$5,167,643$2,205,313$1,663,135$4,435,154
63$5,604,327$2,222,958$1,628,435$4,747,042
64$6,082,705$2,238,620$1,589,725$5,087,785
65$6,606,940$2,252,111$1,546,779$5,460,291
66$7,181,616$2,263,233$1,499,365$5,867,768
67$7,811,784$2,271,774$1,447,236$6,313,750
68$8,503,004$2,277,510$1,390,137$6,802,135
69$9,261,404$2,280,200$1,327,800$7,337,220
70$10,093,729$2,279,592$1,259,943$7,923,741
71$11,007,413$2,275,416$1,186,275$8,566,922
72$12,010,642$2,267,385$1,106,488$9,272,518
73$13,112,436$2,255,195$1,020,264$10,046,878
74$14,322,729$2,238,524$927,267$10,896,999
75$15,652,466$2,217,030$827,149$11,830,594
76$17,113,704$2,190,351$719,545$12,856,168
77$18,719,726$2,158,102$604,074$13,983,096
78$20,485,165$2,119,876$480,338$15,221,714
79$22,426,144$2,075,243$347,921$16,583,414
80$24,560,425$2,023,744$206,391$18,080,757
81$26,907,578$1,964,896$55,294$19,727,588
82$29,489,162$1,898,187$0$21,539,172
83$32,328,934$1,823,076$0$23,548,160
84$35,453,067$1,738,988$0$25,767,117
85$38,890,398$1,645,318$0$28,208,297
86$42,672,703$1,541,422$0$30,894,317
87$46,834,991$1,426,624$0$33,850,106
88$51,415,836$1,300,205$0$37,103,137
89$56,457,744$1,161,407$0$40,683,687
90$62,007,547$1,009,429$0$44,625,128
91$68,116,850$843,425$0$48,964,235
92$74,842,515$662,499$0$53,741,542
93$82,247,197$465,706$0$59,001,720
94$90,399,934$252,049$0$64,794,002
95$99,376,802$20,475$0$71,172,646
96$109,261,627$0$0$78,197,453
97$120,146,778$0$0$85,987,507
98$132,134,040$0$0$94,571,663
99$145,335,569$0$0$104,025,526
100$159,874,955$0$0$114,437,621