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

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 $1,840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$151,945$150,592$149,272$147,983$146,724$141,631
2 years$75,221$73,820$72,462$71,146$69,869$64,790
3 years$49,649$48,242$46,888$45,584$44,328$39,423
4 years$36,866$35,463$34,122$32,840$31,615$26,922
5 years$29,198$27,803$26,480$25,225$24,033$19,564
6 years$24,087$22,704$21,400$20,172$19,017$14,775
7 years$20,438$19,066$17,783$16,585$15,466$11,451
8 years$17,703$16,343$15,082$13,913$12,830$9,039
9 years$15,577$14,230$12,990$11,850$10,805$7,232
10 years$13,877$12,543$11,325$10,215$9,206$5,846
11 years$12,487$11,166$9,970$8,890$7,918$4,763
12 years$11,329$10,022$8,848$7,798$6,861$3,906
13 years$10,350$9,057$7,905$6,884$5,983$3,218
14 years$9,512$8,233$7,103$6,111$5,245$2,663
15 years$8,786$7,521$6,413$5,450$4,618$2,210
16 years$8,152$6,900$5,814$4,880$4,081$1,839
17 years$7,593$6,355$5,291$4,385$3,619$1,534
18 years$7,096$5,872$4,830$3,951$3,218$1,282
19 years$6,652$5,442$4,422$3,570$2,868$1,072
20 years$6,254$5,057$4,058$3,234$2,562$899
21 years$5,893$4,711$3,732$2,935$2,292$754
22 years$5,566$4,397$3,440$2,668$2,055$633
23 years$5,268$4,113$3,176$2,430$1,845$531
24 years$4,995$3,853$2,938$2,216$1,658$447
25 years$4,744$3,616$2,721$2,024$1,492$376
26 years$4,513$3,398$2,523$1,851$1,344$316
27 years$4,299$3,198$2,343$1,694$1,212$266
28 years$4,101$3,014$2,178$1,552$1,093$224
29 years$3,917$2,843$2,027$1,423$987$189
30 years$3,745$2,685$1,888$1,306$892$159
31 years$3,585$2,538$1,760$1,200$806$134
32 years$3,436$2,402$1,642$1,103$729$113
33 years$3,295$2,274$1,533$1,014$660$95
34 years$3,163$2,156$1,433$933$598$80
35 years$3,039$2,045$1,340$859$541$67
36 years$2,922$1,941$1,253$791$491$57
37 years$2,812$1,843$1,173$729$445$48
38 years$2,708$1,752$1,098$672$403$40
39 years$2,609$1,666$1,029$619$365$34
40 years$2,516$1,585$965$571$332$29
41 years$2,427$1,509$904$527$301$24
42 years$2,343$1,437$848$486$273$20
43 years$2,262$1,369$796$449$248$17
44 years$2,186$1,305$747$415$225$14
45 years$2,114$1,244$702$383$204$12
46 years$2,044$1,187$659$354$185$10
47 years$1,978$1,133$619$327$168$9
48 years$1,915$1,081$582$302$153$7
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 $5,220 every year, while hoping to spend $49,757 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: 25/49/26 Blend
48$1,840,000$1,840,000$1,840,000$1,840,000
49$2,033,064$1,935,544$1,907,024$2,067,121
50$2,187,496$1,977,445$1,917,969$2,137,541
51$2,356,012$2,019,731$1,927,612$2,208,391
52$2,539,996$2,062,369$1,935,858$2,283,311
53$2,740,973$2,105,322$1,942,606$2,362,675
54$2,960,618$2,148,549$1,947,750$2,446,895
55$3,200,780$2,192,007$1,951,178$2,536,429
56$3,463,491$2,235,646$1,952,774$2,631,779
57$3,750,989$2,279,415$1,952,414$2,733,503
58$4,065,741$2,323,257$1,949,971$2,842,216
59$4,410,459$2,367,110$1,945,308$2,958,598
60$4,788,135$2,410,907$1,938,284$3,083,401
61$5,202,059$2,454,576$1,928,752$3,217,454
62$5,655,858$2,498,040$1,916,554$3,361,675
63$6,153,525$2,541,213$1,901,528$3,517,078
64$6,699,459$2,584,006$1,883,503$3,684,780
65$7,298,503$2,626,322$1,862,299$3,866,020
66$7,955,994$2,668,055$1,837,730$4,062,163
67$8,677,810$2,709,095$1,809,599$4,274,718
68$9,470,426$2,749,320$1,777,700$4,505,352
69$10,340,974$2,788,601$1,741,818$4,755,907
70$11,297,313$2,826,802$1,701,727$5,028,416
71$12,348,096$2,863,773$1,657,193$5,325,124
72$13,502,861$2,899,357$1,607,968$5,648,512
73$14,772,113$2,933,385$1,553,795$6,001,317
74$16,167,425$2,965,678$1,494,404$6,386,563
75$17,701,549$2,996,042$1,429,512$6,807,589
76$19,388,532$3,024,273$1,358,826$7,268,081
77$21,243,852$3,050,153$1,282,037$7,772,107
78$23,284,562$3,073,447$1,198,822$8,324,160
79$25,529,451$3,093,909$1,108,846$8,929,199
80$27,999,218$3,111,275$1,011,756$9,592,695
81$30,716,674$3,125,263$907,185$10,320,691
82$33,706,949$3,135,574$794,750$11,119,853
83$36,997,732$3,141,892$674,048$11,997,540
84$40,619,535$3,143,879$544,663$12,961,871
85$44,605,974$3,141,176$406,156$14,021,806
86$48,994,093$3,133,403$258,072$15,187,233
87$53,824,706$3,120,155$99,933$16,469,061
88$59,142,789$3,101,005$0$17,879,327
89$64,997,896$3,075,498$0$19,450,404
90$71,444,635$3,043,150$0$21,208,677
91$78,543,175$3,003,452$0$23,142,706
92$86,359,819$2,955,861$0$25,270,477
93$94,967,625$2,899,803$0$27,611,822
94$104,447,099$2,834,670$0$30,188,606
95$114,886,953$2,759,818$0$33,024,937
96$126,384,938$2,674,565$0$36,147,394
97$139,048,772$2,578,189$0$39,585,280
98$152,997,153$2,469,927$0$43,370,903
99$168,360,880$2,348,970$0$47,539,882
100$185,284,084$2,214,464$0$52,131,482