Can I retire at age 49 with 1,790,000?

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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$147,817$146,500$145,215$143,961$142,737$141,364
2 years$73,176$71,814$70,493$69,212$67,970$66,587
3 years$48,300$46,931$45,614$44,345$43,123$41,773
4 years$35,864$34,499$33,195$31,948$30,756$29,449
5 years$28,404$27,048$25,761$24,539$23,380$22,120
6 years$23,433$22,087$20,818$19,624$18,500$17,288
7 years$19,883$18,548$17,300$16,134$15,045$13,883
8 years$17,222$15,899$14,672$13,534$12,482$11,368
9 years$15,153$13,843$12,637$11,528$10,511$9,447
10 years$13,500$12,202$11,017$9,938$8,956$7,939
11 years$12,147$10,863$9,699$8,649$7,703$6,733
12 years$11,021$9,750$8,608$7,586$6,675$5,752
13 years$10,069$8,811$7,691$6,697$5,821$4,943
14 years$9,254$8,009$6,910$5,945$5,102$4,268
15 years$8,548$7,316$6,239$5,302$4,492$3,701
16 years$7,930$6,713$5,656$4,747$3,970$3,221
17 years$7,386$6,182$5,147$4,265$3,520$2,811
18 years$6,903$5,713$4,699$3,844$3,130$2,460
19 years$6,472$5,294$4,301$3,473$2,790$2,157
20 years$6,084$4,920$3,948$3,146$2,492$1,895
21 years$5,733$4,583$3,631$2,855$2,230$1,667
22 years$5,415$4,278$3,347$2,596$1,999$1,469
23 years$5,125$4,001$3,090$2,364$1,794$1,296
24 years$4,859$3,748$2,858$2,156$1,613$1,145
25 years$4,615$3,518$2,647$1,969$1,451$1,012
26 years$4,390$3,306$2,455$1,801$1,307$896
27 years$4,182$3,111$2,279$1,648$1,179$793
28 years$3,990$2,932$2,119$1,510$1,064$703
29 years$3,810$2,766$1,972$1,385$960$623
30 years$3,644$2,612$1,837$1,271$868$553
31 years$3,488$2,469$1,712$1,167$785$490
32 years$3,342$2,336$1,598$1,073$710$435
33 years$3,206$2,213$1,492$986$642$387
34 years$3,077$2,097$1,394$908$581$343
35 years$2,957$1,989$1,303$835$527$305
36 years$2,843$1,888$1,219$769$477$271
37 years$2,736$1,793$1,141$709$432$241
38 years$2,634$1,704$1,069$653$392$214
39 years$2,538$1,620$1,001$602$356$191
40 years$2,447$1,542$938$556$323$170
41 years$2,361$1,468$880$513$293$151
42 years$2,279$1,398$825$473$265$134
43 years$2,201$1,332$774$437$241$119
44 years$2,127$1,269$727$403$219$106
45 years$2,056$1,210$683$372$199$95
46 years$1,989$1,155$641$344$180$84
47 years$1,924$1,102$602$318$164$75
48 years$1,863$1,052$566$294$149$67
49 years$1,804$1,005$532$271$135$59
50 years$1,748$960$500$251$123$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,790,000, adding $4,019 every year, while hoping to spend $25,896 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: 47/43/10 Blend
48$1,790,000$1,790,000$1,790,000$1,790,000
49$1,976,726$1,881,856$1,854,111$2,063,996
50$2,150,798$1,946,513$1,888,670$2,189,186
51$2,341,759$2,013,471$1,923,520$2,321,959
52$2,551,302$2,082,815$1,958,641$2,465,464
53$2,781,295$2,154,633$1,994,016$2,620,704
54$3,033,795$2,229,018$2,029,623$2,788,785
55$3,311,067$2,306,065$2,065,440$2,970,922
56$3,615,607$2,385,874$2,101,444$3,168,449
57$3,950,165$2,468,548$2,137,609$3,382,835
58$4,317,770$2,554,194$2,173,906$3,615,695
59$4,721,758$2,642,925$2,210,308$3,868,803
60$5,165,805$2,734,857$2,246,781$4,144,113
61$5,653,962$2,830,109$2,283,293$4,443,773
62$6,190,690$2,928,808$2,319,807$4,770,148
63$6,780,905$3,031,085$2,356,285$5,125,839
64$7,430,023$3,137,073$2,392,686$5,513,707
65$8,144,011$3,246,916$2,428,967$5,936,904
66$8,929,443$3,360,758$2,465,081$6,398,894
67$9,793,565$3,478,754$2,500,979$6,903,494
68$10,744,356$3,601,060$2,536,610$7,454,905
69$11,790,611$3,727,843$2,571,917$8,057,749
70$12,942,020$3,859,274$2,606,843$8,717,117
71$14,209,258$3,995,530$2,641,324$9,438,612
72$15,604,090$4,136,799$2,675,296$10,228,405
73$17,139,478$4,283,273$2,708,689$11,093,289
74$18,829,704$4,435,153$2,741,430$12,040,745
75$20,690,507$4,592,647$2,773,440$13,079,011
76$22,739,226$4,755,975$2,804,638$14,217,157
77$24,994,971$4,925,362$2,834,937$15,465,175
78$27,478,797$5,101,043$2,864,246$16,834,067
79$30,213,904$5,283,264$2,892,469$18,335,949
80$33,225,859$5,472,281$2,919,504$19,984,170
81$36,542,833$5,668,359$2,945,243$21,793,427
82$40,195,868$5,871,775$2,969,575$23,779,914
83$44,219,172$6,082,816$2,992,380$25,961,465
84$48,650,436$6,301,784$3,013,535$28,357,725
85$53,531,199$6,528,989$3,032,906$30,990,335
86$58,907,230$6,764,758$3,050,356$33,883,133
87$64,828,964$7,009,428$3,065,741$37,062,382
88$71,351,982$7,263,354$3,078,906$40,557,010
89$78,537,527$7,526,901$3,089,692$44,398,888
90$86,453,088$7,800,452$3,097,930$48,623,127
91$95,173,035$8,084,407$3,103,444$53,268,407
92$104,779,322$8,379,180$3,106,046$58,377,343
93$115,362,257$8,685,204$3,105,543$63,996,886
94$127,021,358$9,002,930$3,101,729$70,178,761
95$139,866,290$9,332,827$3,094,391$76,979,959
96$154,017,901$9,675,384$3,083,302$84,463,270
97$169,609,361$10,031,113$3,068,227$92,697,873
98$186,787,422$10,400,543$3,048,919$101,759,991
99$205,713,799$10,784,230$3,025,117$111,733,607
100$226,566,699$11,182,750$2,996,552$122,711,253