Can I retire at age 49 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$148,642$147,318$146,027$144,766$143,535$139,612
2 years$73,585$72,215$70,887$69,599$68,350$64,426
3 years$48,570$47,193$45,868$44,593$43,364$39,563
4 years$36,064$34,692$33,380$32,127$30,928$27,277
5 years$28,563$27,199$25,905$24,676$23,511$20,022
6 years$23,564$22,210$20,935$19,734$18,603$15,279
7 years$19,994$18,652$17,397$16,224$15,129$11,970
8 years$17,318$15,988$14,754$13,610$12,551$9,555
9 years$15,238$13,921$12,708$11,593$10,570$7,734
10 years$13,575$12,270$11,079$9,993$9,006$6,327
11 years$12,215$10,924$9,754$8,697$7,746$5,219
12 years$11,083$9,804$8,656$7,628$6,712$4,333
13 years$10,125$8,860$7,734$6,735$5,853$3,617
14 years$9,305$8,054$6,949$5,978$5,131$3,032
15 years$8,595$7,357$6,274$5,332$4,518$2,551
16 years$7,975$6,750$5,688$4,774$3,993$2,152
17 years$7,428$6,217$5,176$4,289$3,540$1,820
18 years$6,942$5,744$4,725$3,866$3,148$1,542
19 years$6,508$5,324$4,325$3,493$2,806$1,309
20 years$6,118$4,947$3,970$3,163$2,506$1,113
21 years$5,765$4,608$3,651$2,871$2,243$947
22 years$5,445$4,302$3,365$2,610$2,010$807
23 years$5,153$4,023$3,107$2,377$1,804$688
24 years$4,886$3,769$2,874$2,168$1,622$587
25 years$4,641$3,537$2,662$1,980$1,459$501
26 years$4,415$3,325$2,468$1,811$1,315$428
27 years$4,206$3,129$2,292$1,657$1,185$366
28 years$4,012$2,948$2,131$1,518$1,069$313
29 years$3,832$2,781$1,983$1,392$966$268
30 years$3,664$2,627$1,847$1,278$873$229
31 years$3,507$2,483$1,722$1,174$789$196
32 years$3,361$2,350$1,607$1,079$714$168
33 years$3,224$2,225$1,500$992$646$144
34 years$3,095$2,109$1,402$913$585$123
35 years$2,973$2,000$1,310$840$530$105
36 years$2,859$1,898$1,226$774$480$90
37 years$2,751$1,803$1,147$713$435$77
38 years$2,649$1,714$1,074$657$394$66
39 years$2,552$1,629$1,007$606$358$57
40 years$2,461$1,550$944$559$324$48
41 years$2,374$1,476$885$516$294$42
42 years$2,292$1,405$830$476$267$36
43 years$2,213$1,339$779$439$242$30
44 years$2,139$1,276$731$406$220$26
45 years$2,068$1,217$686$375$200$22
46 years$2,000$1,161$645$346$181$19
47 years$1,935$1,108$606$320$165$16
48 years$1,873$1,058$569$295$149$14
49 years$1,814$1,010$535$273$136$12
50 years$1,757$965$503$252$123$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,800,000, adding $4,181 every year, while hoping to spend $44,127 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: 34/49/17 Blend
48$1,800,000$1,800,000$1,800,000$1,800,000
49$1,987,913$1,892,513$1,864,613$2,044,927
50$2,143,729$1,938,295$1,880,126$2,132,867
51$2,313,960$1,984,842$1,894,681$2,223,227
52$2,500,028$2,032,144$1,908,197$2,319,730
53$2,703,502$2,080,190$1,920,593$2,422,943
54$2,926,107$2,128,967$1,931,781$2,533,491
55$3,169,744$2,178,460$1,941,669$2,652,062
56$3,436,505$2,228,651$1,950,162$2,779,414
57$3,728,693$2,279,521$1,957,158$2,916,382
58$4,048,848$2,331,045$1,962,550$3,063,887
59$4,399,763$2,383,198$1,966,228$3,222,943
60$4,784,515$2,435,952$1,968,074$3,394,669
61$5,206,496$2,489,274$1,967,964$3,580,295
62$5,669,439$2,543,129$1,965,771$3,781,181
63$6,177,456$2,597,476$1,961,359$3,998,823
64$6,735,078$2,652,274$1,954,586$4,234,872
65$7,347,294$2,707,473$1,945,302$4,491,146
66$8,019,601$2,763,022$1,933,353$4,769,651
67$8,758,054$2,818,864$1,918,574$5,072,597
68$9,569,323$2,874,936$1,900,794$5,402,423
69$10,460,758$2,931,172$1,879,834$5,761,815
70$11,440,452$2,987,496$1,855,506$6,153,736
71$12,517,326$3,043,831$1,827,613$6,581,452
72$13,701,203$3,100,089$1,795,948$7,048,564
73$15,002,911$3,156,178$1,760,297$7,559,042
74$16,434,374$3,211,998$1,720,434$8,117,265
75$18,008,733$3,267,439$1,676,121$8,728,058
76$19,740,466$3,322,385$1,627,113$9,396,743
77$21,645,523$3,376,711$1,573,151$10,129,187
78$23,741,479$3,430,283$1,513,964$10,931,857
79$26,047,698$3,482,955$1,449,270$11,811,885
80$28,585,516$3,534,572$1,378,773$12,777,135
81$31,378,441$3,584,969$1,302,164$13,836,274
82$34,452,376$3,633,967$1,219,121$14,998,861
83$37,835,863$3,681,376$1,129,307$16,275,431
84$41,560,350$3,726,992$1,032,367$17,677,602
85$45,660,490$3,770,598$927,935$19,218,182
86$50,174,464$3,811,962$815,626$20,911,289
87$55,144,347$3,850,836$695,037$22,772,490
88$60,616,499$3,886,955$565,749$24,818,946
89$66,642,004$3,920,038$427,324$27,069,577
90$73,277,154$3,949,785$279,304$29,545,237
91$80,583,975$3,975,876$121,212$32,268,921
92$88,630,817$3,997,971$0$35,265,976
93$97,492,997$4,015,708$0$38,572,958
94$107,253,506$4,028,701$0$42,236,080
95$118,003,799$4,036,542$0$46,267,386
96$129,844,650$4,038,797$0$50,704,410
97$142,887,108$4,035,002$0$55,588,522
98$157,253,544$4,024,668$0$60,965,319
99$173,078,803$4,007,274$0$66,885,057
100$190,511,478$3,982,267$0$73,403,126