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%17.2%
1 years$151,945$150,592$149,272$147,983$146,724$142,427
2 years$75,221$73,820$72,462$71,146$69,869$65,574
3 years$49,649$48,242$46,888$45,584$44,328$40,170
4 years$36,866$35,463$34,122$32,840$31,615$27,627
5 years$29,198$27,803$26,480$25,225$24,033$20,225
6 years$24,087$22,704$21,400$20,172$19,017$15,392
7 years$20,438$19,066$17,783$16,585$15,466$12,024
8 years$17,703$16,343$15,082$13,913$12,830$9,570
9 years$15,577$14,230$12,990$11,850$10,805$7,723
10 years$13,877$12,543$11,325$10,215$9,206$6,298
11 years$12,487$11,166$9,970$8,890$7,918$5,178
12 years$11,329$10,022$8,848$7,798$6,861$4,286
13 years$10,350$9,057$7,905$6,884$5,983$3,565
14 years$9,512$8,233$7,103$6,111$5,245$2,978
15 years$8,786$7,521$6,413$5,450$4,618$2,497
16 years$8,152$6,900$5,814$4,880$4,081$2,099
17 years$7,593$6,355$5,291$4,385$3,619$1,769
18 years$7,096$5,872$4,830$3,951$3,218$1,493
19 years$6,652$5,442$4,422$3,570$2,868$1,263
20 years$6,254$5,057$4,058$3,234$2,562$1,069
21 years$5,893$4,711$3,732$2,935$2,292$907
22 years$5,566$4,397$3,440$2,668$2,055$769
23 years$5,268$4,113$3,176$2,430$1,845$653
24 years$4,995$3,853$2,938$2,216$1,658$555
25 years$4,744$3,616$2,721$2,024$1,492$472
26 years$4,513$3,398$2,523$1,851$1,344$402
27 years$4,299$3,198$2,343$1,694$1,212$342
28 years$4,101$3,014$2,178$1,552$1,093$291
29 years$3,917$2,843$2,027$1,423$987$248
30 years$3,745$2,685$1,888$1,306$892$211
31 years$3,585$2,538$1,760$1,200$806$180
32 years$3,436$2,402$1,642$1,103$729$154
33 years$3,295$2,274$1,533$1,014$660$131
34 years$3,163$2,156$1,433$933$598$112
35 years$3,039$2,045$1,340$859$541$95
36 years$2,922$1,941$1,253$791$491$81
37 years$2,812$1,843$1,173$729$445$69
38 years$2,708$1,752$1,098$672$403$59
39 years$2,609$1,666$1,029$619$365$50
40 years$2,516$1,585$965$571$332$43
41 years$2,427$1,509$904$527$301$37
42 years$2,343$1,437$848$486$273$31
43 years$2,262$1,369$796$449$248$27
44 years$2,186$1,305$747$415$225$23
45 years$2,114$1,244$702$383$204$19
46 years$2,044$1,187$659$354$185$17
47 years$1,978$1,133$619$327$168$14
48 years$1,915$1,081$582$302$153$12
49 years$1,854$1,033$547$279$139$10
50 years$1,796$986$514$258$126$9

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 $4,830 every year, while hoping to spend $50,685 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: 31/44/25 Blend
48$1,840,000$1,840,000$1,840,000$1,840,000
49$2,032,662$1,935,142$1,906,622$2,079,899
50$2,186,065$1,976,036$1,916,566$2,157,375
51$2,353,417$2,017,234$1,925,143$2,235,882
52$2,536,086$2,058,699$1,932,256$2,319,370
53$2,735,580$2,100,389$1,937,800$2,408,306
54$2,953,557$2,142,256$1,941,665$2,503,210
55$3,191,846$2,184,253$1,943,736$2,604,651
56$3,452,456$2,226,323$1,943,893$2,713,261
57$3,737,602$2,268,408$1,942,009$2,829,737
58$4,049,723$2,310,445$1,937,952$2,954,848
59$4,391,503$2,352,365$1,931,581$3,089,443
60$4,765,898$2,394,093$1,922,751$3,234,461
61$5,176,165$2,435,550$1,911,309$3,390,938
62$5,625,891$2,476,648$1,897,095$3,560,017
63$6,119,023$2,517,296$1,879,939$3,742,961
64$6,659,913$2,557,393$1,859,666$3,941,165
65$7,253,351$2,596,832$1,836,092$4,156,170
66$7,904,615$2,635,499$1,809,024$4,389,674
67$8,619,518$2,673,270$1,778,258$4,643,556
68$9,404,462$2,710,014$1,743,583$4,919,886
69$10,266,503$2,745,590$1,704,778$5,220,953
70$11,213,409$2,779,846$1,661,611$5,549,282
71$12,253,740$2,812,623$1,613,839$5,907,659
72$13,396,927$2,843,747$1,561,208$6,299,163
73$14,653,359$2,873,035$1,503,453$6,727,188
74$16,034,480$2,900,292$1,440,297$7,195,482
75$17,552,899$2,925,309$1,371,449$7,708,183
76$19,222,508$2,947,863$1,296,607$8,269,854
77$21,058,613$2,967,717$1,215,452$8,885,534
78$23,078,076$2,984,619$1,127,654$9,560,781
79$25,299,475$2,998,301$1,032,866$10,301,729
80$27,743,282$3,008,478$930,727$11,115,147
81$30,432,050$3,014,847$820,860$12,008,501
82$33,390,629$3,017,084$702,868$12,990,031
83$36,646,400$3,014,848$576,341$14,068,826
84$40,229,532$3,007,775$440,848$15,254,915
85$44,173,268$2,995,480$295,940$16,559,358
86$48,514,235$2,977,552$141,148$17,994,360
87$53,292,792$2,953,558$0$19,573,380
88$58,553,411$2,923,036$0$21,317,681
89$64,345,092$2,885,498$0$23,277,822
90$70,721,831$2,840,427$0$25,434,320
91$77,743,124$2,787,273$0$27,807,245
92$85,474,530$2,725,457$0$30,418,723
93$93,988,290$2,654,362$0$33,293,149
94$103,364,007$2,573,338$0$36,457,415
95$113,689,398$2,481,694$0$39,941,168
96$125,061,120$2,378,700$0$43,777,088
97$137,585,683$2,263,586$0$48,001,204
98$151,380,454$2,135,533$0$52,653,233
99$166,574,765$1,993,678$0$57,776,957
100$183,311,130$1,837,107$0$63,420,640