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

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$150,294$148,955$147,649$146,374$145,129$140,484
2 years$74,403$73,017$71,674$70,372$69,109$64,472
3 years$49,109$47,718$46,378$45,088$43,846$39,362
4 years$36,465$35,077$33,751$32,483$31,271$26,975
5 years$28,880$27,501$26,192$24,950$23,772$19,675
6 years$23,825$22,457$21,167$19,953$18,810$14,916
7 years$20,216$18,859$17,590$16,405$15,297$11,606
8 years$17,511$16,166$14,918$13,761$12,691$9,200
9 years$15,407$14,075$12,849$11,722$10,687$7,392
10 years$13,726$12,407$11,202$10,104$9,106$6,002
11 years$12,351$11,045$9,862$8,794$7,832$4,913
12 years$11,206$9,913$8,752$7,713$6,787$4,047
13 years$10,238$8,959$7,820$6,810$5,918$3,351
14 years$9,409$8,143$7,026$6,045$5,188$2,786
15 years$8,691$7,439$6,343$5,391$4,568$2,324
16 years$8,063$6,825$5,751$4,827$4,037$1,944
17 years$7,510$6,286$5,233$4,337$3,579$1,629
18 years$7,019$5,808$4,777$3,908$3,183$1,368
19 years$6,580$5,383$4,373$3,532$2,837$1,151
20 years$6,186$5,002$4,014$3,199$2,534$970
21 years$5,829$4,659$3,692$2,903$2,268$818
22 years$5,505$4,349$3,403$2,639$2,033$690
23 years$5,210$4,068$3,142$2,404$1,825$583
24 years$4,940$3,811$2,906$2,192$1,640$493
25 years$4,692$3,577$2,691$2,002$1,476$417
26 years$4,464$3,362$2,496$1,831$1,329$353
27 years$4,252$3,164$2,318$1,676$1,198$298
28 years$4,056$2,981$2,155$1,535$1,081$253
29 years$3,874$2,812$2,005$1,408$976$214
30 years$3,705$2,656$1,868$1,292$882$181
31 years$3,546$2,511$1,741$1,187$798$154
32 years$3,398$2,376$1,624$1,091$722$130
33 years$3,259$2,250$1,517$1,003$653$110
34 years$3,129$2,132$1,417$923$591$93
35 years$3,006$2,022$1,325$849$535$79
36 years$2,891$1,920$1,239$782$485$67
37 years$2,781$1,823$1,160$721$440$57
38 years$2,678$1,733$1,086$664$399$48
39 years$2,581$1,648$1,018$613$362$41
40 years$2,488$1,568$954$565$328$35
41 years$2,400$1,492$895$521$297$29
42 years$2,317$1,421$839$481$270$25
43 years$2,238$1,354$787$444$245$21
44 years$2,162$1,291$739$410$222$18
45 years$2,091$1,231$694$379$202$15
46 years$2,022$1,174$652$350$183$13
47 years$1,957$1,120$612$323$166$11
48 years$1,894$1,070$575$299$151$9
49 years$1,834$1,021$541$276$137$8
50 years$1,777$976$509$255$125$7

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 $2,565 every year, while hoping to spend $38,986 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: 63/21/16 Blend
48$1,820,000$1,820,000$1,820,000$1,820,000
49$2,008,286$1,911,826$1,883,616$2,126,692
50$2,171,650$1,964,024$1,905,236$2,258,709
51$2,350,371$2,017,474$1,926,274$2,398,146
52$2,545,974$2,072,195$1,946,669$2,549,480
53$2,760,137$2,128,207$1,966,357$2,713,870
54$2,994,712$2,185,530$1,985,270$2,892,596
55$3,251,734$2,244,182$2,003,338$3,087,062
56$3,533,446$2,304,182$2,020,485$3,298,819
57$3,842,319$2,365,549$2,036,633$3,529,571
58$4,181,073$2,428,299$2,051,698$3,781,199
59$4,552,706$2,492,449$2,065,594$4,055,772
60$4,960,518$2,558,015$2,078,227$4,355,570
61$5,408,146$2,625,012$2,089,502$4,683,106
62$5,899,593$2,693,454$2,099,317$5,041,145
63$6,439,272$2,763,354$2,107,565$5,432,736
64$7,032,043$2,834,723$2,114,133$5,861,237
65$7,683,259$2,907,573$2,118,905$6,330,349
66$8,398,819$2,981,911$2,121,755$6,844,147
67$9,185,220$3,057,746$2,122,555$7,407,124
68$10,049,620$3,135,083$2,121,168$8,024,226
69$10,999,905$3,213,926$2,117,452$8,700,907
70$12,044,764$3,294,277$2,111,255$9,443,175
71$13,193,769$3,376,135$2,102,421$10,257,649
72$14,457,466$3,459,499$2,090,784$11,151,623
73$15,847,475$3,544,362$2,076,173$12,133,136
74$17,376,599$3,630,717$2,058,406$13,211,044
75$19,058,942$3,718,552$2,037,293$14,395,105
76$20,910,047$3,807,854$2,012,636$15,696,075
77$22,947,039$3,898,606$1,984,226$17,125,805
78$25,188,785$3,990,786$1,951,845$18,697,352
79$27,656,075$4,084,368$1,915,266$20,425,109
80$30,371,817$4,179,324$1,874,250$22,324,932
81$33,361,251$4,275,620$1,828,546$24,414,297
82$36,652,191$4,373,217$1,777,894$26,712,461
83$40,275,281$4,472,072$1,722,020$29,240,647
84$44,264,290$4,572,134$1,660,638$32,022,239
85$48,656,427$4,673,348$1,593,449$35,083,010
86$53,492,693$4,775,653$1,520,140$38,451,360
87$58,818,268$4,878,980$1,440,385$42,158,586
88$64,682,935$4,983,253$1,353,842$46,239,178
89$71,141,552$5,088,390$1,260,153$50,731,145
90$78,254,568$5,194,299$1,158,946$55,676,373
91$86,088,594$5,300,880$1,049,831$61,121,020
92$94,717,031$5,408,023$932,400$67,115,955
93$104,220,761$5,515,609$806,228$73,717,235
94$114,688,913$5,623,509$670,872$80,986,637
95$126,219,702$5,731,581$525,866$88,992,241
96$138,921,356$5,839,673$370,727$97,809,071
97$152,913,137$5,947,619$204,949$107,519,806
98$168,326,467$6,055,242$28,004$118,215,561
99$185,306,166$6,162,348$0$129,996,747
100$204,011,822$6,268,731$0$143,001,474