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

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$146,165$144,863$143,593$142,353$141,142$137,009
2 years$72,359$71,011$69,705$68,439$67,211$63,079
3 years$47,760$46,407$45,104$43,849$42,641$38,642
4 years$35,463$34,114$32,824$31,591$30,412$26,576
5 years$28,087$26,746$25,473$24,265$23,119$19,455
6 years$23,171$21,840$20,586$19,405$18,293$14,806
7 years$19,661$18,341$17,107$15,954$14,877$11,567
8 years$17,030$15,722$14,508$13,383$12,342$9,206
9 years$14,984$13,689$12,496$11,400$10,394$7,429
10 years$13,349$12,066$10,894$9,827$8,856$6,059
11 years$12,012$10,741$9,591$8,552$7,616$4,981
12 years$10,898$9,641$8,512$7,501$6,600$4,122
13 years$9,957$8,713$7,605$6,623$5,756$3,429
14 years$9,150$7,920$6,833$5,879$5,045$2,865
15 years$8,452$7,235$6,169$5,243$4,442$2,402
16 years$7,842$6,638$5,593$4,694$3,926$2,019
17 years$7,304$6,113$5,090$4,218$3,481$1,701
18 years$6,826$5,649$4,646$3,801$3,095$1,436
19 years$6,399$5,235$4,253$3,435$2,759$1,215
20 years$6,016$4,865$3,904$3,111$2,464$1,029
21 years$5,669$4,531$3,590$2,823$2,205$872
22 years$5,354$4,230$3,309$2,567$1,977$740
23 years$5,067$3,956$3,055$2,338$1,774$629
24 years$4,805$3,707$2,826$2,132$1,595$534
25 years$4,563$3,478$2,617$1,947$1,435$454
26 years$4,341$3,269$2,427$1,780$1,293$387
27 years$4,135$3,077$2,254$1,630$1,166$329
28 years$3,945$2,899$2,095$1,493$1,052$280
29 years$3,768$2,735$1,950$1,369$950$239
30 years$3,603$2,583$1,816$1,257$858$203
31 years$3,449$2,442$1,693$1,154$776$173
32 years$3,305$2,310$1,580$1,061$702$148
33 years$3,170$2,188$1,475$975$635$126
34 years$3,043$2,074$1,378$897$575$107
35 years$2,924$1,967$1,289$826$521$92
36 years$2,811$1,867$1,205$761$472$78
37 years$2,705$1,773$1,128$701$428$67
38 years$2,605$1,685$1,057$646$388$57
39 years$2,510$1,602$990$596$352$48
40 years$2,420$1,524$928$550$319$41
41 years$2,335$1,451$870$507$289$35
42 years$2,253$1,382$816$468$263$30
43 years$2,176$1,317$766$432$238$26
44 years$2,103$1,255$719$399$216$22
45 years$2,033$1,197$675$368$196$19
46 years$1,966$1,142$634$340$178$16
47 years$1,903$1,090$596$314$162$14
48 years$1,842$1,040$560$290$147$12
49 years$1,784$993$526$268$134$10
50 years$1,728$949$495$248$121$8

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 $6,257 every year, while hoping to spend $50,409 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: 39/47/14 Blend
48$1,770,000$1,770,000$1,770,000$1,770,000
49$1,956,994$1,863,184$1,835,749$2,024,861
50$2,102,973$1,900,845$1,843,612$2,111,362
51$2,262,152$1,938,662$1,850,049$2,199,464
52$2,435,824$1,976,590$1,854,958$2,293,633
53$2,625,414$2,014,578$1,858,235$2,394,439
54$2,832,487$2,052,574$1,859,767$2,502,515
55$3,058,769$2,090,518$1,859,437$2,618,556
56$3,306,159$2,128,349$1,857,124$2,743,329
57$3,576,748$2,165,999$1,852,699$2,877,682
58$3,872,838$2,203,394$1,846,025$3,022,549
59$4,196,963$2,240,457$1,836,963$3,178,960
60$4,551,916$2,277,102$1,825,364$3,348,051
61$4,940,771$2,313,239$1,811,073$3,531,077
62$5,366,912$2,348,770$1,793,926$3,729,421
63$5,834,068$2,383,591$1,773,754$3,944,610
64$6,346,346$2,417,590$1,750,378$4,178,328
65$6,908,268$2,450,646$1,723,610$4,432,431
66$7,524,815$2,482,633$1,693,255$4,708,971
67$8,201,476$2,513,411$1,659,109$5,010,207
68$8,944,293$2,542,835$1,620,956$5,338,635
69$9,759,926$2,570,748$1,578,572$5,697,007
70$10,655,707$2,596,984$1,531,723$6,088,357
71$11,639,716$2,621,363$1,480,163$6,516,037
72$12,720,854$2,643,697$1,423,635$6,983,739
73$13,908,925$2,663,782$1,361,871$7,495,540
74$15,214,732$2,681,404$1,294,590$8,055,935
75$16,650,174$2,696,332$1,221,499$8,669,884
76$18,228,364$2,708,324$1,142,290$9,342,858
77$19,963,744$2,717,119$1,056,645$10,080,889
78$21,872,230$2,722,442$964,226$10,890,634
79$23,971,355$2,723,999$864,686$11,779,433
80$26,280,438$2,721,480$757,657$12,755,383
81$28,820,764$2,714,554$642,760$13,827,414
82$31,615,784$2,702,869$519,595$15,005,374
83$34,691,338$2,686,054$387,745$16,300,126
84$38,075,897$2,663,713$246,777$17,723,648
85$41,800,832$2,635,428$96,237$19,289,151
86$45,900,707$2,600,755$0$21,011,203
87$50,413,610$2,559,222$0$22,915,492
88$55,381,506$2,510,332$0$25,026,079
89$60,850,638$2,453,556$0$27,348,186
90$66,871,957$2,388,335$0$29,903,436
91$73,501,610$2,314,077$0$32,715,666
92$80,801,462$2,230,154$0$35,811,155
93$88,839,683$2,135,904$0$39,218,873
94$97,691,392$2,030,624$0$42,970,760
95$107,439,362$1,913,573$0$47,102,022
96$118,174,804$1,783,965$0$51,651,473
97$129,998,224$1,640,970$0$56,661,899
98$143,020,376$1,483,710$0$62,180,465
99$157,363,300$1,311,257$0$68,259,165
100$173,161,480$1,122,633$0$74,955,313