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%13.7%
1 years$146,991$145,681$144,404$143,157$141,940$139,761
2 years$72,768$71,412$70,099$68,826$67,590$65,401
3 years$48,030$46,669$45,359$44,097$42,882$40,749
4 years$35,663$34,307$33,010$31,770$30,584$28,525
5 years$28,246$26,897$25,617$24,402$23,249$21,270
6 years$23,302$21,963$20,702$19,515$18,396$16,499
7 years$19,772$18,445$17,204$16,044$14,961$13,146
8 years$17,126$15,810$14,590$13,459$12,412$10,678
9 years$15,069$13,766$12,566$11,464$10,453$8,800
10 years$13,424$12,134$10,956$9,882$8,906$7,334
11 years$12,079$10,802$9,645$8,600$7,660$6,166
12 years$10,960$9,695$8,560$7,544$6,638$5,220
13 years$10,013$8,762$7,648$6,660$5,788$4,445
14 years$9,202$7,964$6,871$5,912$5,074$3,803
15 years$8,500$7,275$6,204$5,272$4,467$3,267
16 years$7,886$6,675$5,625$4,721$3,948$2,815
17 years$7,345$6,148$5,118$4,242$3,501$2,433
18 years$6,865$5,681$4,672$3,823$3,113$2,107
19 years$6,436$5,265$4,277$3,454$2,774$1,829
20 years$6,050$4,892$3,926$3,128$2,478$1,591
21 years$5,701$4,557$3,611$2,839$2,218$1,385
22 years$5,384$4,254$3,328$2,581$1,988$1,208
23 years$5,096$3,978$3,073$2,351$1,784$1,054
24 years$4,832$3,728$2,842$2,144$1,604$921
25 years$4,589$3,498$2,632$1,958$1,443$805
26 years$4,366$3,288$2,441$1,790$1,300$705
27 years$4,159$3,094$2,267$1,639$1,172$617
28 years$3,967$2,916$2,107$1,502$1,058$541
29 years$3,789$2,750$1,961$1,377$955$474
30 years$3,623$2,598$1,827$1,264$863$416
31 years$3,468$2,456$1,703$1,161$780$365
32 years$3,324$2,323$1,589$1,067$706$320
33 years$3,188$2,200$1,483$981$639$281
34 years$3,060$2,085$1,386$902$578$246
35 years$2,940$1,978$1,296$831$524$216
36 years$2,827$1,877$1,212$765$475$190
37 years$2,720$1,783$1,135$705$430$167
38 years$2,619$1,695$1,063$650$390$147
39 years$2,524$1,611$995$599$354$129
40 years$2,434$1,533$933$553$321$113
41 years$2,348$1,459$875$510$291$100
42 years$2,266$1,390$821$471$264$88
43 years$2,189$1,324$770$434$240$77
44 years$2,115$1,262$723$401$217$68
45 years$2,045$1,204$679$370$197$59
46 years$1,978$1,148$638$342$179$52
47 years$1,914$1,096$599$316$163$46
48 years$1,852$1,046$563$292$148$40
49 years$1,794$999$529$270$134$36
50 years$1,738$954$497$250$122$31

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 $5,863 every year, while hoping to spend $31,001 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: 68/20/12 Blend
48$1,780,000$1,780,000$1,780,000$1,780,000
49$1,967,608$1,873,268$1,845,678$2,095,856
50$2,135,319$1,932,073$1,874,523$2,240,693
51$2,319,098$1,992,721$1,903,296$2,394,789
52$2,520,550$2,055,268$1,931,961$2,562,516
53$2,741,445$2,119,775$1,960,480$2,745,208
54$2,983,731$2,186,303$1,988,815$2,944,334
55$3,249,554$2,254,914$2,016,922$3,161,509
56$3,541,277$2,325,674$2,044,758$3,398,514
57$3,861,505$2,398,649$2,072,275$3,657,306
58$4,213,105$2,473,910$2,099,423$3,940,045
59$4,599,236$2,551,526$2,126,148$4,249,106
60$5,023,380$2,631,572$2,152,396$4,587,105
61$5,489,369$2,714,124$2,178,106$4,956,925
62$6,001,428$2,799,259$2,203,215$5,361,738
63$6,564,209$2,887,058$2,227,658$5,805,041
64$7,182,839$2,977,605$2,251,366$6,290,684
65$7,862,965$3,070,984$2,274,263$6,822,907
66$8,610,810$3,167,284$2,296,273$7,406,383
67$9,433,228$3,266,597$2,317,313$8,046,257
68$10,337,772$3,369,015$2,337,299$8,748,199
69$11,332,764$3,474,636$2,356,138$9,518,453
70$12,427,373$3,583,560$2,373,734$10,363,899
71$13,631,699$3,695,889$2,389,989$11,292,116
72$14,956,874$3,811,729$2,404,795$12,311,455
73$16,415,161$3,931,189$2,418,041$13,431,113
74$18,020,073$4,054,383$2,429,611$14,661,227
75$19,786,498$4,181,426$2,439,382$16,012,963
76$21,730,843$4,312,438$2,447,223$17,498,624
77$23,871,184$4,447,542$2,453,000$19,131,765
78$26,227,440$4,586,867$2,456,570$20,927,321
79$28,821,557$4,730,542$2,457,784$22,901,748
80$31,677,720$4,878,703$2,456,484$25,073,178
81$34,822,578$5,031,489$2,452,506$27,461,589
82$38,285,493$5,189,044$2,445,677$30,088,993
83$42,098,822$5,351,517$2,435,817$32,979,647
84$46,298,220$5,519,059$2,422,734$36,160,276
85$50,922,974$5,691,828$2,406,231$39,660,330
86$56,016,376$5,869,987$2,386,099$43,512,258
87$61,626,132$6,053,701$2,362,119$47,751,819
88$67,804,810$6,243,145$2,334,062$52,418,410
89$74,610,336$6,438,495$2,301,689$57,555,450
90$82,106,544$6,639,934$2,264,749$63,210,779
91$90,363,772$6,847,652$2,222,978$69,437,113
92$99,459,532$7,061,842$2,176,103$76,292,543
93$109,479,237$7,282,705$2,123,835$83,841,082
94$120,517,009$7,510,447$2,065,874$92,153,266
95$132,676,566$7,745,282$2,001,903$101,306,826
96$146,072,204$7,987,428$1,931,595$111,387,412
97$160,829,869$8,237,113$1,854,604$122,489,412
98$177,088,353$8,494,569$1,770,570$134,716,833
99$195,000,598$8,760,035$1,679,117$148,184,288
100$214,735,143$9,033,761$1,579,851$163,018,078