Can I retire at age 49 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$152,771$151,410$150,083$148,787$147,522$143,722
2 years$75,629$74,221$72,856$71,532$70,248$66,446
3 years$49,919$48,504$47,142$45,831$44,568$40,882
4 years$37,066$35,656$34,308$33,019$31,787$28,244
5 years$29,356$27,954$26,624$25,362$24,164$20,775
6 years$24,218$22,827$21,516$20,282$19,120$15,888
7 years$20,550$19,170$17,880$16,675$15,550$12,476
8 years$17,799$16,432$15,164$13,988$12,900$9,982
9 years$15,661$14,307$13,061$11,915$10,864$8,099
10 years$13,952$12,611$11,386$10,271$9,256$6,642
11 years$12,554$11,227$10,024$8,939$7,961$5,493
12 years$11,391$10,077$8,896$7,840$6,899$4,573
13 years$10,407$9,106$7,948$6,922$6,016$3,827
14 years$9,564$8,277$7,142$6,144$5,273$3,217
15 years$8,834$7,562$6,448$5,480$4,643$2,714
16 years$8,196$6,938$5,846$4,907$4,104$2,296
17 years$7,634$6,389$5,320$4,408$3,638$1,948
18 years$7,135$5,904$4,856$3,973$3,235$1,656
19 years$6,689$5,472$4,446$3,590$2,884$1,410
20 years$6,288$5,085$4,080$3,251$2,576$1,202
21 years$5,925$4,736$3,753$2,951$2,305$1,026
22 years$5,596$4,421$3,459$2,683$2,066$877
23 years$5,296$4,135$3,194$2,443$1,855$750
24 years$5,022$3,874$2,953$2,229$1,667$642
25 years$4,770$3,636$2,736$2,035$1,500$550
26 years$4,537$3,417$2,537$1,861$1,351$471
27 years$4,322$3,216$2,356$1,703$1,218$404
28 years$4,123$3,030$2,190$1,561$1,099$347
29 years$3,938$2,859$2,038$1,431$993$297
30 years$3,766$2,700$1,898$1,313$897$255
31 years$3,605$2,552$1,770$1,206$811$219
32 years$3,454$2,415$1,651$1,109$733$188
33 years$3,313$2,287$1,542$1,019$664$162
34 years$3,180$2,167$1,441$938$601$139
35 years$3,056$2,056$1,347$863$544$119
36 years$2,938$1,951$1,260$795$493$103
37 years$2,827$1,853$1,179$733$447$88
38 years$2,722$1,761$1,104$675$405$76
39 years$2,623$1,675$1,035$623$367$65
40 years$2,529$1,593$970$574$333$56
41 years$2,440$1,517$909$530$302$48
42 years$2,355$1,444$853$489$274$41
43 years$2,275$1,376$800$451$249$36
44 years$2,198$1,312$751$417$226$31
45 years$2,125$1,251$705$385$205$26
46 years$2,055$1,193$663$356$186$23
47 years$1,989$1,139$622$329$169$19
48 years$1,925$1,087$585$304$154$17
49 years$1,864$1,038$550$281$140$14
50 years$1,806$992$517$259$127$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,850,000, adding $2,266 every year, while hoping to spend $53,128 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: 36/48/16 Blend
48$1,850,000$1,850,000$1,850,000$1,850,000
49$2,041,037$1,942,987$1,914,312$2,104,451
50$2,192,695$1,981,666$1,921,914$2,189,211
51$2,358,042$2,020,459$1,927,990$2,275,461
52$2,538,417$2,059,317$1,932,432$2,367,440
53$2,735,296$2,098,183$1,935,129$2,465,687
54$2,950,302$2,137,000$1,935,962$2,570,795
55$3,185,223$2,175,704$1,934,807$2,683,422
56$3,442,027$2,214,224$1,931,534$2,804,292
57$3,722,880$2,252,487$1,926,006$2,934,205
58$4,030,167$2,290,413$1,918,081$3,074,043
59$4,366,516$2,327,915$1,907,609$3,224,780
60$4,734,819$2,364,900$1,894,432$3,387,492
61$5,138,260$2,401,270$1,878,385$3,563,364
62$5,580,347$2,436,918$1,859,296$3,753,705
63$6,064,944$2,471,728$1,836,984$3,959,963
64$6,596,306$2,505,580$1,811,259$4,183,730
65$7,179,117$2,538,341$1,781,925$4,426,769
66$7,818,539$2,569,872$1,748,772$4,691,021
67$8,520,258$2,600,024$1,711,584$4,978,631
68$9,290,536$2,628,636$1,670,133$5,291,966
69$10,136,270$2,655,539$1,624,181$5,633,637
70$11,065,058$2,680,550$1,573,481$6,006,526
71$12,085,273$2,703,475$1,517,771$6,413,814
72$13,206,134$2,724,108$1,456,779$6,859,010
73$14,437,800$2,742,230$1,390,222$7,345,986
74$15,791,462$2,757,606$1,317,801$7,879,016
75$17,279,449$2,769,986$1,239,205$8,462,813
76$18,915,344$2,779,108$1,154,110$9,102,581
77$20,714,113$2,784,687$1,062,176$9,804,057
78$22,692,242$2,786,427$963,049$10,573,575
79$24,867,898$2,784,008$856,358$11,418,119
80$27,261,093$2,777,094$741,715$12,345,396
81$29,893,879$2,765,326$618,717$13,363,906
82$32,790,551$2,748,324$486,941$14,483,029
83$35,977,881$2,725,686$345,948$15,713,108
84$39,485,364$2,696,983$195,275$17,065,553
85$43,345,498$2,661,762$34,444$18,552,952
86$47,594,093$2,619,543$0$20,189,185
87$52,270,607$2,569,818$0$22,012,984
88$57,418,516$2,512,046$0$24,025,614
89$63,085,726$2,445,656$0$26,239,904
90$69,325,022$2,370,046$0$28,676,490
91$76,194,569$2,284,573$0$31,358,126
92$83,758,460$2,188,562$0$34,309,896
93$92,087,317$2,081,296$0$37,559,456
94$101,258,961$1,962,017$0$41,137,297
95$111,359,143$1,829,923$0$45,077,034
96$122,482,353$1,684,168$0$49,415,726
97$134,732,716$1,523,854$0$54,194,229
98$148,224,966$1,348,036$0$59,457,583
99$163,085,535$1,155,713$0$65,255,442
100$179,453,744$945,827$0$71,642,544