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%14.3%
1 years$151,945$150,592$149,272$147,983$146,724$144,116
2 years$75,221$73,820$72,462$71,146$69,869$67,249
3 years$49,649$48,242$46,888$45,584$44,328$41,779
4 years$36,866$35,463$34,122$32,840$31,615$29,157
5 years$29,198$27,803$26,480$25,225$24,033$21,673
6 years$24,087$22,704$21,400$20,172$19,017$16,757
7 years$20,438$19,066$17,783$16,585$15,466$13,307
8 years$17,703$16,343$15,082$13,913$12,830$10,772
9 years$15,577$14,230$12,990$11,850$10,805$8,846
10 years$13,877$12,543$11,325$10,215$9,206$7,345
11 years$12,487$11,166$9,970$8,890$7,918$6,151
12 years$11,329$10,022$8,848$7,798$6,861$5,188
13 years$10,350$9,057$7,905$6,884$5,983$4,400
14 years$9,512$8,233$7,103$6,111$5,245$3,750
15 years$8,786$7,521$6,413$5,450$4,618$3,208
16 years$8,152$6,900$5,814$4,880$4,081$2,753
17 years$7,593$6,355$5,291$4,385$3,619$2,369
18 years$7,096$5,872$4,830$3,951$3,218$2,043
19 years$6,652$5,442$4,422$3,570$2,868$1,765
20 years$6,254$5,057$4,058$3,234$2,562$1,528
21 years$5,893$4,711$3,732$2,935$2,292$1,325
22 years$5,566$4,397$3,440$2,668$2,055$1,150
23 years$5,268$4,113$3,176$2,430$1,845$999
24 years$4,995$3,853$2,938$2,216$1,658$869
25 years$4,744$3,616$2,721$2,024$1,492$756
26 years$4,513$3,398$2,523$1,851$1,344$658
27 years$4,299$3,198$2,343$1,694$1,212$574
28 years$4,101$3,014$2,178$1,552$1,093$500
29 years$3,917$2,843$2,027$1,423$987$436
30 years$3,745$2,685$1,888$1,306$892$381
31 years$3,585$2,538$1,760$1,200$806$332
32 years$3,436$2,402$1,642$1,103$729$290
33 years$3,295$2,274$1,533$1,014$660$253
34 years$3,163$2,156$1,433$933$598$221
35 years$3,039$2,045$1,340$859$541$193
36 years$2,922$1,941$1,253$791$491$169
37 years$2,812$1,843$1,173$729$445$148
38 years$2,708$1,752$1,098$672$403$129
39 years$2,609$1,666$1,029$619$365$113
40 years$2,516$1,585$965$571$332$99
41 years$2,427$1,509$904$527$301$86
42 years$2,343$1,437$848$486$273$75
43 years$2,262$1,369$796$449$248$66
44 years$2,186$1,305$747$415$225$58
45 years$2,114$1,244$702$383$204$50
46 years$2,044$1,187$659$354$185$44
47 years$1,978$1,133$619$327$168$39
48 years$1,915$1,081$582$302$153$34
49 years$1,854$1,033$547$279$139$30
50 years$1,796$986$514$258$126$26

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 $6,593 every year, while hoping to spend $49,016 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: 28/44/28 Blend
48$1,840,000$1,840,000$1,840,000$1,840,000
49$2,034,481$1,936,961$1,908,441$2,073,643
50$2,189,845$1,979,719$1,920,221$2,148,234
51$2,359,414$2,022,930$1,930,753$2,223,646
52$2,544,584$2,066,563$1,939,943$2,303,682
53$2,746,894$2,110,587$1,947,693$2,388,773
54$2,968,036$2,154,965$1,953,900$2,479,395
55$3,209,875$2,199,657$1,958,455$2,576,074
56$3,474,463$2,244,622$1,961,244$2,679,390
57$3,764,060$2,289,810$1,962,148$2,789,985
58$4,081,155$2,335,172$1,961,041$2,908,566
59$4,428,489$2,380,651$1,957,791$3,035,915
60$4,809,078$2,426,186$1,952,261$3,172,896
61$5,226,248$2,471,713$1,944,305$3,320,463
62$5,683,658$2,517,160$1,933,772$3,479,667
63$6,185,341$2,562,450$1,920,503$3,651,672
64$6,735,736$2,607,501$1,904,331$3,837,762
65$7,339,736$2,652,223$1,885,080$4,039,355
66$8,002,728$2,696,521$1,862,569$4,258,015
67$8,730,647$2,740,291$1,836,606$4,495,472
68$9,530,030$2,783,423$1,806,990$4,753,632
69$10,408,079$2,825,797$1,773,510$5,034,604
70$11,372,728$2,867,285$1,735,947$5,340,711
71$12,432,716$2,907,752$1,694,071$5,674,523
72$13,597,672$2,947,051$1,647,642$6,038,873
73$14,878,203$2,985,026$1,596,407$6,436,888
74$16,285,996$3,021,508$1,540,103$6,872,021
75$17,833,926$3,056,320$1,478,454$7,348,084
76$19,536,178$3,089,271$1,411,173$7,869,282
77$21,408,379$3,120,157$1,337,959$8,440,257
78$23,467,750$3,148,760$1,258,497$9,066,130
79$25,733,262$3,174,851$1,172,458$9,752,553
80$28,225,817$3,198,181$1,079,498$10,505,764
81$30,968,448$3,218,490$979,259$11,332,644
82$33,986,531$3,235,496$871,365$12,240,787
83$37,308,026$3,248,905$755,424$13,238,569
84$40,963,741$3,258,398$631,028$14,335,232
85$44,987,624$3,263,641$497,749$15,540,974
86$49,417,079$3,264,277$355,140$16,867,041
87$54,293,321$3,259,926$202,738$18,325,843
88$59,661,764$3,250,187$40,054$19,931,065
89$65,572,450$3,234,632$0$21,697,805
90$72,080,519$3,212,808$0$23,682,617
91$79,246,732$3,184,235$0$25,879,329
92$87,138,038$3,148,403$0$28,296,385
93$95,828,215$3,104,771$0$30,956,298
94$105,398,555$3,052,767$0$33,883,886
95$115,938,640$2,991,785$0$37,106,510
96$127,547,181$2,921,182$0$40,654,329
97$140,332,951$2,840,277$0$44,560,591
98$154,415,812$2,748,351$0$48,861,947
99$169,927,846$2,644,641$0$53,598,798
100$187,014,598$2,528,340$0$58,815,680