Can I retire at age 49 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$151,120$149,774$148,460$147,178$145,927$145,068
2 years$74,812$73,418$72,068$70,759$69,489$68,622
3 years$49,379$47,980$46,633$45,336$44,087$43,239
4 years$36,665$35,270$33,937$32,662$31,443$30,621
5 years$29,039$27,652$26,336$25,088$23,902$23,109
6 years$23,956$22,580$21,284$20,063$18,913$18,149
7 years$20,327$18,963$17,687$16,495$15,381$14,647
8 years$17,607$16,255$15,000$13,837$12,760$12,055
9 years$15,492$14,153$12,919$11,786$10,746$10,070
10 years$13,801$12,475$11,263$10,160$9,156$8,510
11 years$12,419$11,106$9,916$8,842$7,875$7,257
12 years$11,267$9,968$8,800$7,756$6,824$6,234
13 years$10,294$9,008$7,862$6,847$5,951$5,388
14 years$9,460$8,188$7,064$6,078$5,216$4,681
15 years$8,739$7,480$6,378$5,421$4,593$4,084
16 years$8,108$6,863$5,783$4,853$4,059$3,575
17 years$7,551$6,320$5,262$4,361$3,599$3,140
18 years$7,058$5,840$4,804$3,930$3,200$2,765
19 years$6,616$5,413$4,398$3,551$2,852$2,440
20 years$6,220$5,030$4,036$3,216$2,548$2,158
21 years$5,861$4,685$3,712$2,919$2,280$1,912
22 years$5,536$4,373$3,421$2,654$2,044$1,696
23 years$5,239$4,090$3,159$2,417$1,835$1,507
24 years$4,967$3,832$2,922$2,204$1,649$1,340
25 years$4,718$3,596$2,706$2,013$1,484$1,193
26 years$4,488$3,380$2,510$1,841$1,337$1,063
27 years$4,276$3,181$2,330$1,685$1,205$948
28 years$4,079$2,997$2,166$1,544$1,087$846
29 years$3,896$2,828$2,016$1,416$982$755
30 years$3,725$2,670$1,878$1,299$887$675
31 years$3,566$2,524$1,751$1,193$802$603
32 years$3,417$2,389$1,633$1,097$726$540
33 years$3,277$2,262$1,525$1,008$657$483
34 years$3,146$2,144$1,425$928$594$432
35 years$3,023$2,034$1,332$854$538$387
36 years$2,906$1,930$1,246$787$488$346
37 years$2,797$1,833$1,167$725$442$310
38 years$2,693$1,742$1,092$668$401$278
39 years$2,595$1,657$1,023$616$364$249
40 years$2,502$1,576$959$568$330$223
41 years$2,414$1,500$899$524$299$200
42 years$2,330$1,429$844$484$271$179
43 years$2,250$1,361$792$447$246$161
44 years$2,174$1,298$743$412$224$144
45 years$2,102$1,237$698$381$203$129
46 years$2,033$1,181$655$352$184$116
47 years$1,967$1,127$616$325$167$104
48 years$1,904$1,075$579$300$152$93
49 years$1,844$1,027$544$278$138$84
50 years$1,787$981$511$257$125$75

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,830,000, adding $5,490 every year, while hoping to spend $44,884 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: 63/14/23 Blend
48$1,830,000$1,830,000$1,830,000$1,830,000
49$2,022,323$1,925,333$1,896,968$2,137,245
50$2,180,844$1,971,918$1,912,760$2,262,105
51$2,354,029$2,019,281$1,927,577$2,392,938
52$2,543,328$2,067,414$1,941,339$2,534,822
53$2,750,334$2,116,304$1,953,961$2,688,845
54$2,976,805$2,165,940$1,965,354$2,856,202
55$3,224,672$2,216,304$1,975,427$3,038,212
56$3,496,065$2,267,379$1,984,080$3,236,325
57$3,793,328$2,319,145$1,991,211$3,452,144
58$4,119,043$2,371,579$1,996,712$3,687,430
59$4,476,053$2,424,653$2,000,470$3,944,127
60$4,867,489$2,478,340$2,002,364$4,224,377
61$5,296,800$2,532,606$2,002,271$4,530,540
62$5,767,786$2,587,416$2,000,059$4,865,216
63$6,284,629$2,642,728$1,995,590$5,231,273
64$6,851,939$2,698,499$1,988,720$5,631,868
65$7,474,792$2,754,681$1,979,297$6,070,484
66$8,158,780$2,811,221$1,967,163$6,550,958
67$8,910,065$2,868,060$1,952,152$7,077,519
68$9,735,432$2,925,135$1,934,090$7,654,828
69$10,642,358$2,982,378$1,912,793$8,288,022
70$11,639,078$3,039,714$1,888,072$8,982,762
71$12,734,666$3,097,063$1,859,725$9,745,290
72$13,939,119$3,154,336$1,827,542$10,582,482
73$15,263,450$3,211,439$1,791,306$11,501,920
74$16,719,793$3,268,271$1,750,786$12,511,957
75$18,321,516$3,324,720$1,705,741$13,621,801
76$20,083,349$3,380,669$1,655,922$14,841,603
77$22,021,519$3,435,991$1,601,063$16,182,547
78$24,153,907$3,490,547$1,540,892$17,656,962
79$26,500,214$3,544,192$1,475,120$19,278,435
80$29,082,146$3,596,768$1,403,447$21,061,943
81$31,923,621$3,648,106$1,325,559$23,023,991
82$35,050,992$3,698,024$1,241,126$25,182,771
83$38,493,296$3,746,331$1,149,807$27,558,332
84$42,282,529$3,792,818$1,051,243$30,172,773
85$46,453,946$3,837,265$945,058$33,050,448
86$51,046,393$3,879,435$830,862$36,218,200
87$56,102,675$3,919,078$708,246$39,705,612
88$61,669,959$3,955,924$576,784$43,545,290
89$67,800,218$3,989,687$436,029$47,773,169
90$74,550,720$4,020,061$285,516$52,428,853
91$81,984,572$4,046,723$124,759$57,555,992
92$90,171,312$4,069,326$0$63,202,693
93$99,187,566$4,087,503$0$69,433,458
94$109,117,769$4,100,862$0$76,328,655
95$120,054,964$4,108,987$0$83,922,170
96$132,101,680$4,111,437$0$92,285,118
97$145,370,895$4,107,741$0$101,495,865
98$159,987,108$4,097,402$0$111,640,772
99$176,087,509$4,079,891$0$122,815,006
100$193,823,275$4,054,645$0$135,123,438