Can I retire at age 49 with 1,840,000?

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 $1,840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$151,945$150,592$149,272$147,983$146,724$141,687
2 years$75,221$73,820$72,462$71,146$69,869$64,846
3 years$49,649$48,242$46,888$45,584$44,328$39,476
4 years$36,866$35,463$34,122$32,840$31,615$26,971
5 years$29,198$27,803$26,480$25,225$24,033$19,611
6 years$24,087$22,704$21,400$20,172$19,017$14,818
7 years$20,438$19,066$17,783$16,585$15,466$11,491
8 years$17,703$16,343$15,082$13,913$12,830$9,076
9 years$15,577$14,230$12,990$11,850$10,805$7,266
10 years$13,877$12,543$11,325$10,215$9,206$5,877
11 years$12,487$11,166$9,970$8,890$7,918$4,792
12 years$11,329$10,022$8,848$7,798$6,861$3,932
13 years$10,350$9,057$7,905$6,884$5,983$3,242
14 years$9,512$8,233$7,103$6,111$5,245$2,684
15 years$8,786$7,521$6,413$5,450$4,618$2,229
16 years$8,152$6,900$5,814$4,880$4,081$1,857
17 years$7,593$6,355$5,291$4,385$3,619$1,550
18 years$7,096$5,872$4,830$3,951$3,218$1,296
19 years$6,652$5,442$4,422$3,570$2,868$1,085
20 years$6,254$5,057$4,058$3,234$2,562$910
21 years$5,893$4,711$3,732$2,935$2,292$764
22 years$5,566$4,397$3,440$2,668$2,055$642
23 years$5,268$4,113$3,176$2,430$1,845$539
24 years$4,995$3,853$2,938$2,216$1,658$454
25 years$4,744$3,616$2,721$2,024$1,492$382
26 years$4,513$3,398$2,523$1,851$1,344$321
27 years$4,299$3,198$2,343$1,694$1,212$271
28 years$4,101$3,014$2,178$1,552$1,093$228
29 years$3,917$2,843$2,027$1,423$987$192
30 years$3,745$2,685$1,888$1,306$892$162
31 years$3,585$2,538$1,760$1,200$806$137
32 years$3,436$2,402$1,642$1,103$729$115
33 years$3,295$2,274$1,533$1,014$660$97
34 years$3,163$2,156$1,433$933$598$82
35 years$3,039$2,045$1,340$859$541$69
36 years$2,922$1,941$1,253$791$491$58
37 years$2,812$1,843$1,173$729$445$49
38 years$2,708$1,752$1,098$672$403$41
39 years$2,609$1,666$1,029$619$365$35
40 years$2,516$1,585$965$571$332$30
41 years$2,427$1,509$904$527$301$25
42 years$2,343$1,437$848$486$273$21
43 years$2,262$1,369$796$449$248$18
44 years$2,186$1,305$747$415$225$15
45 years$2,114$1,244$702$383$204$13
46 years$2,044$1,187$659$354$185$11
47 years$1,978$1,133$619$327$168$9
48 years$1,915$1,081$582$302$153$8
49 years$1,854$1,033$547$279$139$6
50 years$1,796$986$514$258$126$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,840,000, adding $2,464 every year, while hoping to spend $47,218 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: 55/30/15 Blend
48$1,840,000$1,840,000$1,840,000$1,840,000
49$2,030,222$1,932,702$1,904,182$2,133,742
50$2,187,065$1,977,164$1,917,732$2,248,899
51$2,358,323$2,022,223$1,930,154$2,368,925
52$2,545,418$2,067,858$1,941,360$2,498,545
53$2,749,912$2,114,044$1,951,257$2,638,686
54$2,973,528$2,160,757$1,959,749$2,790,368
55$3,218,161$2,207,968$1,966,734$2,954,716
56$3,485,898$2,255,643$1,972,104$3,132,968
57$3,779,039$2,303,749$1,975,749$3,326,489
58$4,100,114$2,352,245$1,977,549$3,536,782
59$4,451,910$2,401,090$1,977,382$3,765,505
60$4,837,497$2,450,236$1,975,116$4,014,483
61$5,260,256$2,499,632$1,970,617$4,285,728
62$5,723,911$2,549,222$1,963,741$4,581,459
63$6,232,562$2,598,947$1,954,339$4,904,117
64$6,790,727$2,648,739$1,942,254$5,256,397
65$7,403,383$2,698,528$1,927,320$5,641,266
66$8,076,009$2,748,237$1,909,366$6,061,996
67$8,814,643$2,797,782$1,888,212$6,522,191
68$9,625,937$2,847,074$1,863,667$7,025,827
69$10,517,218$2,896,016$1,835,535$7,577,283
70$11,496,556$2,944,502$1,803,607$8,181,385
71$12,572,844$2,992,422$1,767,667$8,843,455
72$13,755,878$3,039,655$1,727,488$9,569,357
73$15,056,450$3,086,071$1,682,832$10,365,556
74$16,486,451$3,131,532$1,633,450$11,239,176
75$18,058,982$3,175,889$1,579,083$12,198,070
76$19,788,473$3,218,983$1,519,458$13,250,894
77$21,690,829$3,260,645$1,454,291$14,407,189
78$23,783,569$3,300,691$1,383,285$15,677,470
79$26,085,996$3,338,929$1,306,129$17,073,330
80$28,619,382$3,375,150$1,222,498$18,607,544
81$31,407,159$3,409,133$1,132,052$20,294,193
82$34,475,152$3,440,643$1,034,438$22,148,801
83$37,851,809$3,469,427$929,284$24,188,473
84$41,568,482$3,495,217$816,203$26,432,069
85$45,659,713$3,517,729$694,792$28,900,371
86$50,163,564$3,536,657$564,628$31,616,288
87$55,121,975$3,551,680$425,269$34,605,071
88$60,581,157$3,562,454$276,257$37,894,549
89$66,592,034$3,568,612$117,110$41,515,398
90$73,210,715$3,569,768$0$45,501,426
91$80,499,030$3,565,509$0$49,898,337
92$88,525,109$3,555,397$0$54,759,314
93$97,364,026$3,538,967$0$60,110,950
94$107,098,507$3,515,727$0$66,003,230
95$117,819,711$3,485,154$0$72,491,240
96$129,628,089$3,446,694$0$79,635,688
97$142,634,329$3,399,757$0$87,503,477
98$156,960,408$3,343,723$0$96,168,341
99$172,740,735$3,277,930$0$105,711,537
100$190,123,421$3,201,680$0$116,222,614