Can I retire at age 49 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$146,991$145,681$144,404$143,157$141,940$137,013
2 years$72,768$71,412$70,099$68,826$67,590$62,677
3 years$48,030$46,669$45,359$44,097$42,882$38,137
4 years$35,663$34,307$33,010$31,770$30,584$26,044
5 years$28,246$26,897$25,617$24,402$23,249$18,926
6 years$23,302$21,963$20,702$19,515$18,396$14,293
7 years$19,772$18,445$17,204$16,044$14,961$11,077
8 years$17,126$15,810$14,590$13,459$12,412$8,744
9 years$15,069$13,766$12,566$11,464$10,453$6,996
10 years$13,424$12,134$10,956$9,882$8,906$5,655
11 years$12,079$10,802$9,645$8,600$7,660$4,608
12 years$10,960$9,695$8,560$7,544$6,638$3,778
13 years$10,013$8,762$7,648$6,660$5,788$3,113
14 years$9,202$7,964$6,871$5,912$5,074$2,576
15 years$8,500$7,275$6,204$5,272$4,467$2,138
16 years$7,886$6,675$5,625$4,721$3,948$1,779
17 years$7,345$6,148$5,118$4,242$3,501$1,484
18 years$6,865$5,681$4,672$3,823$3,113$1,240
19 years$6,436$5,265$4,277$3,454$2,774$1,038
20 years$6,050$4,892$3,926$3,128$2,478$869
21 years$5,701$4,557$3,611$2,839$2,218$729
22 years$5,384$4,254$3,328$2,581$1,988$612
23 years$5,096$3,978$3,073$2,351$1,784$514
24 years$4,832$3,728$2,842$2,144$1,604$432
25 years$4,589$3,498$2,632$1,958$1,443$363
26 years$4,366$3,288$2,441$1,790$1,300$306
27 years$4,159$3,094$2,267$1,639$1,172$257
28 years$3,967$2,916$2,107$1,502$1,058$217
29 years$3,789$2,750$1,961$1,377$955$182
30 years$3,623$2,598$1,827$1,264$863$154
31 years$3,468$2,456$1,703$1,161$780$129
32 years$3,324$2,323$1,589$1,067$706$109
33 years$3,188$2,200$1,483$981$639$92
34 years$3,060$2,085$1,386$902$578$77
35 years$2,940$1,978$1,296$831$524$65
36 years$2,827$1,877$1,212$765$475$55
37 years$2,720$1,783$1,135$705$430$46
38 years$2,619$1,695$1,063$650$390$39
39 years$2,524$1,611$995$599$354$33
40 years$2,434$1,533$933$553$321$28
41 years$2,348$1,459$875$510$291$23
42 years$2,266$1,390$821$471$264$20
43 years$2,189$1,324$770$434$240$17
44 years$2,115$1,262$723$401$217$14
45 years$2,045$1,204$679$370$197$12
46 years$1,978$1,148$638$342$179$10
47 years$1,914$1,096$599$316$163$8
48 years$1,852$1,046$563$292$148$7
49 years$1,794$999$529$270$134$6
50 years$1,738$954$497$250$122$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,780,000, adding $3,516 every year, while hoping to spend $23,895 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: 29/44/27 Blend
48$1,780,000$1,780,000$1,780,000$1,780,000
49$1,965,187$1,870,847$1,843,257$2,005,676
50$2,140,212$1,937,094$1,879,582$2,104,072
51$2,332,288$2,005,787$1,916,323$2,207,462
52$2,543,131$2,077,019$1,953,469$2,318,136
53$2,774,627$2,150,890$1,991,007$2,436,740
54$3,028,857$2,227,502$2,028,923$2,563,981
55$3,308,111$2,306,960$2,067,203$2,700,637
56$3,614,915$2,389,378$2,105,831$2,847,560
57$3,952,048$2,474,869$2,144,788$3,005,689
58$4,322,573$2,563,553$2,184,054$3,176,052
59$4,729,865$2,655,558$2,223,610$3,359,780
60$5,177,643$2,751,011$2,263,432$3,558,114
61$5,670,002$2,850,050$2,303,497$3,772,420
62$6,211,454$2,952,815$2,343,776$4,004,197
63$6,806,974$3,059,454$2,384,244$4,255,095
64$7,462,037$3,170,119$2,424,868$4,526,928
65$8,182,681$3,284,971$2,465,617$4,821,687
66$8,975,555$3,404,175$2,506,456$5,141,566
67$9,847,987$3,527,905$2,547,348$5,488,977
68$10,808,050$3,656,341$2,588,252$5,866,570
69$11,864,640$3,789,671$2,629,128$6,277,265
70$13,027,558$3,928,090$2,669,928$6,724,272
71$14,307,605$4,071,802$2,710,607$7,211,122
72$15,716,681$4,221,020$2,751,112$7,741,703
73$17,267,898$4,375,966$2,791,390$8,320,292
74$18,975,705$4,536,869$2,831,383$8,951,597
75$20,856,022$4,703,971$2,871,029$9,640,801
76$22,926,392$4,877,522$2,910,265$10,393,608
77$25,206,147$5,057,783$2,949,022$11,216,296
78$27,716,586$5,245,027$2,987,226$12,115,778
79$30,481,182$5,439,537$3,024,802$13,099,666
80$33,525,798$5,641,610$3,061,668$14,176,339
81$36,878,934$5,851,553$3,097,739$15,355,023
82$40,571,995$6,069,689$3,132,923$16,645,878
83$44,639,588$6,296,353$3,167,125$18,060,093
84$49,119,847$6,531,895$3,200,245$19,609,987
85$54,054,793$6,776,680$3,232,175$21,309,128
86$59,490,732$7,031,088$3,262,803$23,172,460
87$65,478,692$7,295,516$3,292,012$25,216,439
88$72,074,900$7,570,378$3,319,676$27,459,192
89$79,341,319$7,856,106$3,345,664$29,920,683
90$87,346,228$8,153,150$3,369,839$32,622,903
91$96,164,869$8,461,980$3,392,054$35,590,073
92$105,880,155$8,783,086$3,412,157$38,848,876
93$116,583,455$9,116,981$3,429,988$42,428,702
94$128,375,451$9,464,197$3,445,377$46,361,926
95$141,367,097$9,825,292$3,458,146$50,684,215
96$155,680,657$10,200,848$3,468,110$55,434,859
97$171,450,864$10,591,470$3,475,073$60,657,141
98$188,826,193$10,997,792$3,478,828$66,398,746
99$207,970,256$11,420,476$3,479,160$72,712,205
100$229,063,353$11,860,210$3,475,843$79,655,396