Can I retire at age 49 with 1,820,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$150,294$148,955$147,649$146,374$145,129$143,020
2 years$74,403$73,017$71,674$70,372$69,109$66,988
3 years$49,109$47,718$46,378$45,088$43,846$41,779
4 years$36,465$35,077$33,751$32,483$31,271$29,275
5 years$28,880$27,501$26,192$24,950$23,772$21,852
6 years$23,825$22,457$21,167$19,953$18,810$16,969
7 years$20,216$18,859$17,590$16,405$15,297$13,535
8 years$17,511$16,166$14,918$13,761$12,691$11,008
9 years$15,407$14,075$12,849$11,722$10,687$9,082
10 years$13,726$12,407$11,202$10,104$9,106$7,578
11 years$12,351$11,045$9,862$8,794$7,832$6,379
12 years$11,206$9,913$8,752$7,713$6,787$5,408
13 years$10,238$8,959$7,820$6,810$5,918$4,611
14 years$9,409$8,143$7,026$6,045$5,188$3,950
15 years$8,691$7,439$6,343$5,391$4,568$3,398
16 years$8,063$6,825$5,751$4,827$4,037$2,932
17 years$7,510$6,286$5,233$4,337$3,579$2,538
18 years$7,019$5,808$4,777$3,908$3,183$2,201
19 years$6,580$5,383$4,373$3,532$2,837$1,914
20 years$6,186$5,002$4,014$3,199$2,534$1,666
21 years$5,829$4,659$3,692$2,903$2,268$1,453
22 years$5,505$4,349$3,403$2,639$2,033$1,269
23 years$5,210$4,068$3,142$2,404$1,825$1,109
24 years$4,940$3,811$2,906$2,192$1,640$971
25 years$4,692$3,577$2,691$2,002$1,476$850
26 years$4,464$3,362$2,496$1,831$1,329$745
27 years$4,252$3,164$2,318$1,676$1,198$654
28 years$4,056$2,981$2,155$1,535$1,081$574
29 years$3,874$2,812$2,005$1,408$976$504
30 years$3,705$2,656$1,868$1,292$882$442
31 years$3,546$2,511$1,741$1,187$798$389
32 years$3,398$2,376$1,624$1,091$722$342
33 years$3,259$2,250$1,517$1,003$653$300
34 years$3,129$2,132$1,417$923$591$264
35 years$3,006$2,022$1,325$849$535$232
36 years$2,891$1,920$1,239$782$485$204
37 years$2,781$1,823$1,160$721$440$180
38 years$2,678$1,733$1,086$664$399$158
39 years$2,581$1,648$1,018$613$362$139
40 years$2,488$1,568$954$565$328$123
41 years$2,400$1,492$895$521$297$108
42 years$2,317$1,421$839$481$270$95
43 years$2,238$1,354$787$444$245$84
44 years$2,162$1,291$739$410$222$74
45 years$2,091$1,231$694$379$202$65
46 years$2,022$1,174$652$350$183$57
47 years$1,957$1,120$612$323$166$50
48 years$1,894$1,070$575$299$151$44
49 years$1,834$1,021$541$276$137$39
50 years$1,777$976$509$255$125$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,820,000, adding $6,663 every year, while hoping to spend $29,070 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: 81/8/11 Blend
48$1,820,000$1,820,000$1,820,000$1,820,000
49$2,012,513$1,916,053$1,887,843$2,171,204
50$2,186,859$1,979,009$1,920,155$2,339,196
51$2,378,014$2,044,076$1,952,576$2,519,059
52$2,587,662$2,111,326$1,985,078$2,715,624
53$2,817,657$2,180,835$2,017,632$2,930,550
54$3,070,043$2,252,680$2,050,207$3,165,664
55$3,347,069$2,326,943$2,082,770$3,422,976
56$3,651,213$2,403,707$2,115,287$3,704,703
57$3,985,207$2,483,059$2,147,719$4,013,285
58$4,352,058$2,565,089$2,180,027$4,351,409
59$4,755,079$2,649,889$2,212,169$4,722,037
60$5,197,920$2,737,557$2,244,100$5,128,429
61$5,684,602$2,828,191$2,275,772$5,574,178
62$6,219,556$2,921,897$2,307,134$6,063,241
63$6,807,661$3,018,780$2,338,133$6,599,977
64$7,454,294$3,118,953$2,368,713$7,189,190
65$8,165,381$3,222,529$2,398,813$7,836,170
66$8,947,446$3,329,630$2,428,370$8,546,745
67$9,807,682$3,440,378$2,457,317$9,327,338
68$10,754,012$3,554,903$2,485,583$10,185,024
69$11,795,164$3,673,336$2,513,093$11,127,597
70$12,940,757$3,795,816$2,539,769$12,163,647
71$14,201,390$3,922,486$2,565,526$13,302,634
72$15,588,738$4,053,494$2,590,277$14,554,985
73$17,115,668$4,188,994$2,613,930$15,932,188
74$18,796,356$4,329,146$2,636,387$17,446,898
75$20,646,424$4,474,113$2,657,546$19,113,061
76$22,683,083$4,624,069$2,677,297$20,946,045
77$24,925,299$4,779,190$2,695,529$22,962,779
78$27,393,971$4,939,661$2,712,119$25,181,920
79$30,112,125$5,105,673$2,726,944$27,624,025
80$33,105,135$5,277,425$2,739,871$30,311,746
81$36,400,963$5,455,122$2,750,760$33,270,040
82$40,030,416$5,638,978$2,759,466$36,526,412
83$44,027,445$5,829,215$2,765,835$40,111,166
84$48,429,460$6,026,062$2,769,706$44,057,696
85$53,277,684$6,229,758$2,770,910$48,402,801
86$58,617,541$6,440,550$2,769,269$53,187,028
87$64,499,089$6,658,695$2,764,598$58,455,059
88$70,977,485$6,884,460$2,756,701$64,256,130
89$78,113,511$7,118,121$2,745,373$70,644,497
90$85,974,146$7,359,966$2,730,400$77,679,945
91$94,633,197$7,610,293$2,711,556$85,428,356
92$104,171,997$7,869,410$2,688,607$93,962,329
93$114,680,169$8,137,641$2,661,304$103,361,864
94$126,256,478$8,415,317$2,629,390$113,715,117
95$139,009,758$8,702,786$2,592,592$125,119,234
96$153,059,937$9,000,407$2,550,629$137,681,266
97$168,539,178$9,308,553$2,503,202$151,519,180
98$185,593,115$9,627,614$2,450,000$166,762,970
99$204,382,237$9,957,991$2,390,699$183,555,889
100$225,083,395$10,300,103$2,324,958$202,055,795