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%15.7%
1 years$146,991$145,681$144,404$143,157$141,940$138,621
2 years$72,768$71,412$70,099$68,826$67,590$64,266
3 years$48,030$46,669$45,359$44,097$42,882$39,655
4 years$35,663$34,307$33,010$31,770$30,584$27,480
5 years$28,246$26,897$25,617$24,402$23,249$20,277
6 years$23,302$21,963$20,702$19,515$18,396$15,558
7 years$19,772$18,445$17,204$16,044$14,961$12,258
8 years$17,126$15,810$14,590$13,459$12,412$9,842
9 years$15,069$13,766$12,566$11,464$10,453$8,015
10 years$13,424$12,134$10,956$9,882$8,906$6,598
11 years$12,079$10,802$9,645$8,600$7,660$5,477
12 years$10,960$9,695$8,560$7,544$6,638$4,578
13 years$10,013$8,762$7,648$6,660$5,788$3,847
14 years$9,202$7,964$6,871$5,912$5,074$3,247
15 years$8,500$7,275$6,204$5,272$4,467$2,751
16 years$7,886$6,675$5,625$4,721$3,948$2,337
17 years$7,345$6,148$5,118$4,242$3,501$1,991
18 years$6,865$5,681$4,672$3,823$3,113$1,700
19 years$6,436$5,265$4,277$3,454$2,774$1,454
20 years$6,050$4,892$3,926$3,128$2,478$1,245
21 years$5,701$4,557$3,611$2,839$2,218$1,068
22 years$5,384$4,254$3,328$2,581$1,988$917
23 years$5,096$3,978$3,073$2,351$1,784$788
24 years$4,832$3,728$2,842$2,144$1,604$678
25 years$4,589$3,498$2,632$1,958$1,443$583
26 years$4,366$3,288$2,441$1,790$1,300$502
27 years$4,159$3,094$2,267$1,639$1,172$433
28 years$3,967$2,916$2,107$1,502$1,058$373
29 years$3,789$2,750$1,961$1,377$955$322
30 years$3,623$2,598$1,827$1,264$863$277
31 years$3,468$2,456$1,703$1,161$780$239
32 years$3,324$2,323$1,589$1,067$706$207
33 years$3,188$2,200$1,483$981$639$178
34 years$3,060$2,085$1,386$902$578$154
35 years$2,940$1,978$1,296$831$524$133
36 years$2,827$1,877$1,212$765$475$115
37 years$2,720$1,783$1,135$705$430$99
38 years$2,619$1,695$1,063$650$390$86
39 years$2,524$1,611$995$599$354$74
40 years$2,434$1,533$933$553$321$64
41 years$2,348$1,459$875$510$291$55
42 years$2,266$1,390$821$471$264$48
43 years$2,189$1,324$770$434$240$41
44 years$2,115$1,262$723$401$217$36
45 years$2,045$1,204$679$370$197$31
46 years$1,978$1,148$638$342$179$27
47 years$1,914$1,096$599$316$163$23
48 years$1,852$1,046$563$292$148$20
49 years$1,794$999$529$270$134$17
50 years$1,738$954$497$250$122$15

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 $3,665 every year, while hoping to spend $23,926 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: 54/17/29 Blend
48$1,780,000$1,780,000$1,780,000$1,780,000
49$1,965,340$1,871,000$1,843,410$2,055,412
50$2,140,348$1,937,222$1,879,708$2,184,381
51$2,332,405$2,005,887$1,916,419$2,321,977
52$2,543,224$2,077,090$1,953,533$2,471,313
53$2,774,693$2,150,928$1,991,037$2,633,526
54$3,028,893$2,227,504$2,028,917$2,809,868
55$3,308,112$2,306,924$2,067,159$3,001,717
56$3,614,876$2,389,300$2,105,745$3,210,590
57$3,951,964$2,474,746$2,144,658$3,438,155
58$4,322,438$2,563,383$2,183,878$3,686,251
59$4,729,673$2,655,335$2,223,384$3,956,902
60$5,177,386$2,750,732$2,263,154$4,252,337
61$5,669,673$2,849,711$2,303,162$4,575,008
62$6,211,044$2,952,412$2,343,383$4,927,620
63$6,806,472$3,058,981$2,383,788$5,313,146
64$7,461,434$3,169,573$2,424,346$5,734,866
65$8,181,963$3,284,345$2,465,025$6,196,389
66$8,974,710$3,403,465$2,505,790$6,701,691
67$9,847,000$3,527,104$2,546,603$7,255,150
68$10,806,905$3,655,443$2,587,425$7,861,591
69$11,863,318$3,788,669$2,628,213$8,526,327
70$13,026,040$3,926,978$2,668,922$9,255,212
71$14,305,869$4,070,572$2,709,504$10,054,691
72$15,714,703$4,219,665$2,749,907$10,931,869
73$17,265,651$4,374,477$2,790,077$11,894,571
74$18,973,159$4,535,238$2,829,956$12,951,415
75$20,853,144$4,702,188$2,869,483$14,111,900
76$22,923,148$4,875,578$2,908,594$15,386,487
77$25,202,495$5,055,667$2,947,218$16,786,704
78$27,712,483$5,242,729$2,985,283$18,325,251
79$30,476,579$5,437,045$3,022,713$20,016,120
80$33,520,642$5,638,912$3,059,426$21,874,727
81$36,873,166$5,848,637$3,095,335$23,918,058
82$40,565,550$6,066,541$3,130,349$26,164,828
83$44,632,393$6,292,959$3,164,374$28,635,659
84$49,111,824$6,528,241$3,197,306$31,353,269
85$54,045,854$6,772,749$3,229,040$34,342,695
86$59,480,781$7,026,863$3,259,463$37,631,519
87$65,467,621$7,290,980$3,288,456$41,250,137
88$72,062,593$7,565,513$3,315,894$45,232,038
89$79,327,646$7,850,892$3,341,645$49,614,126
90$87,331,047$8,147,566$3,365,570$54,437,063
91$96,148,022$8,456,005$3,387,525$59,745,655
92$105,861,468$8,776,697$3,407,355$65,589,275
93$116,562,736$9,110,153$3,424,900$72,022,325
94$128,352,490$9,456,906$3,439,989$79,104,753
95$141,341,661$9,817,511$3,452,445$86,902,618
96$155,652,489$10,192,548$3,462,081$95,488,710
97$171,419,682$10,582,621$3,468,700$104,943,241
98$188,791,683$10,988,364$3,472,095$115,354,598
99$207,932,076$11,410,435$3,472,051$126,820,177
100$229,021,123$11,849,521$3,468,340$139,447,305