Can I retire at age 49 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$149,468$148,137$146,838$145,570$144,332$141,245
2 years$73,994$72,616$71,280$69,986$68,729$65,634
3 years$48,839$47,455$46,123$44,840$43,605$40,598
4 years$36,265$34,885$33,566$32,305$31,099$28,204
5 years$28,722$27,350$26,048$24,813$23,641$20,866
6 years$23,695$22,333$21,051$19,843$18,706$16,054
7 years$20,105$18,756$17,494$16,314$15,213$12,684
8 years$17,414$16,077$14,836$13,686$12,621$10,214
9 years$15,323$13,998$12,778$11,657$10,629$8,343
10 years$13,650$12,338$11,140$10,049$9,056$6,889
11 years$12,283$10,984$9,808$8,745$7,789$5,737
12 years$11,144$9,859$8,704$7,671$6,749$4,811
13 years$10,182$8,909$7,777$6,772$5,886$4,056
14 years$9,357$8,098$6,987$6,012$5,159$3,435
15 years$8,643$7,398$6,309$5,361$4,543$2,920
16 years$8,019$6,788$5,720$4,800$4,015$2,490
17 years$7,469$6,251$5,205$4,313$3,560$2,129
18 years$6,980$5,776$4,751$3,887$3,165$1,824
19 years$6,544$5,353$4,349$3,512$2,821$1,566
20 years$6,152$4,975$3,992$3,181$2,520$1,346
21 years$5,797$4,634$3,672$2,887$2,255$1,159
22 years$5,475$4,325$3,384$2,625$2,021$999
23 years$5,182$4,045$3,124$2,391$1,815$862
24 years$4,913$3,790$2,890$2,180$1,631$744
25 years$4,666$3,557$2,676$1,991$1,468$643
26 years$4,439$3,343$2,482$1,821$1,322$556
27 years$4,229$3,146$2,305$1,666$1,192$481
28 years$4,034$2,965$2,143$1,527$1,075$416
29 years$3,853$2,797$1,994$1,400$971$361
30 years$3,684$2,641$1,857$1,285$877$312
31 years$3,527$2,497$1,732$1,180$793$271
32 years$3,380$2,363$1,616$1,085$718$234
33 years$3,241$2,237$1,508$997$649$203
34 years$3,112$2,121$1,409$918$588$176
35 years$2,990$2,011$1,318$845$533$153
36 years$2,875$1,909$1,233$778$483$132
37 years$2,766$1,813$1,154$717$437$115
38 years$2,664$1,723$1,080$661$396$100
39 years$2,567$1,639$1,012$609$360$86
40 years$2,475$1,559$949$562$326$75
41 years$2,387$1,484$890$518$296$65
42 years$2,304$1,413$835$478$268$56
43 years$2,226$1,347$783$442$244$49
44 years$2,151$1,284$735$408$221$43
45 years$2,079$1,224$690$377$201$37
46 years$2,011$1,168$648$348$182$32
47 years$1,946$1,114$609$321$166$28
48 years$1,884$1,064$572$297$150$24
49 years$1,824$1,016$538$274$137$21
50 years$1,767$970$506$254$124$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,810,000, adding $4,953 every year, while hoping to spend $23,521 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: 63/26/11 Blend
48$1,810,000$1,810,000$1,810,000$1,810,000
49$1,999,729$1,903,799$1,875,744$2,120,406
50$2,178,675$1,972,059$1,913,555$2,269,988
51$2,375,086$2,042,875$1,951,845$2,430,079
52$2,590,717$2,116,349$1,990,604$2,604,294
53$2,827,503$2,192,583$2,029,823$2,794,004
54$3,087,577$2,271,688$2,069,490$3,000,718
55$3,373,286$2,353,777$2,109,594$3,226,094
56$3,687,216$2,438,967$2,150,121$3,471,960
57$4,032,218$2,527,383$2,191,056$3,740,325
58$4,411,431$2,619,151$2,232,383$4,033,404
59$4,828,313$2,714,405$2,274,084$4,353,630
60$5,286,675$2,813,285$2,316,139$4,703,686
61$5,790,715$2,915,935$2,358,529$5,086,523
62$6,345,058$3,022,506$2,401,230$5,505,391
63$6,954,800$3,133,155$2,444,217$5,963,869
64$7,625,556$3,248,046$2,487,465$6,465,895
65$8,363,512$3,367,350$2,530,945$7,015,809
66$9,175,485$3,491,244$2,574,626$7,618,387
67$10,068,984$3,619,915$2,618,475$8,278,891
68$11,052,284$3,753,555$2,662,458$9,003,114
69$12,134,503$3,892,365$2,706,536$9,797,436
70$13,325,688$4,036,556$2,750,670$10,668,887
71$14,636,907$4,186,346$2,794,817$11,625,205
72$16,080,359$4,341,965$2,838,931$12,674,916
73$17,669,483$4,503,648$2,882,962$13,827,411
74$19,419,089$4,671,646$2,926,860$15,093,032
75$21,345,495$4,846,216$2,970,570$16,483,174
76$23,466,684$5,027,628$3,014,031$18,010,388
77$25,802,467$5,216,164$3,057,183$19,688,498
78$28,374,680$5,412,116$3,099,960$21,532,737
79$31,207,379$5,615,792$3,142,290$23,559,881
80$34,327,076$5,827,510$3,184,101$25,788,415
81$37,762,983$6,047,604$3,225,314$28,238,703
82$41,547,291$6,276,420$3,265,846$30,933,178
83$45,715,471$6,514,321$3,305,608$33,896,556
84$50,306,612$6,761,686$3,344,509$37,156,067
85$55,363,787$7,018,909$3,382,450$40,741,712
86$60,934,459$7,286,401$3,419,328$44,686,544
87$67,070,932$7,564,593$3,455,034$49,026,979
88$73,830,842$7,853,933$3,489,453$53,803,142
89$81,277,701$8,154,889$3,522,462$59,059,241
90$89,481,497$8,467,949$3,553,935$64,843,983
91$98,519,355$8,793,623$3,583,737$71,211,039
92$108,476,262$9,132,444$3,611,726$78,219,540
93$119,445,874$9,484,967$3,637,752$85,934,643
94$131,531,395$9,851,773$3,661,658$94,428,138
95$144,846,554$10,233,466$3,683,280$103,779,130
96$159,516,676$10,630,679$3,702,443$114,074,781
97$175,679,867$11,044,072$3,718,965$125,411,130
98$193,488,317$11,474,335$3,732,654$137,894,004
99$213,109,736$11,922,188$3,743,309$151,640,010
100$234,728,936$12,388,383$3,750,717$166,777,639