Can I retire at age 49 with 1,860,000?

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 $1,860,000?

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$153,597$152,229$150,894$149,591$148,319$145,682
2 years$76,038$74,622$73,250$71,919$70,628$67,980
3 years$50,189$48,766$47,397$46,079$44,809$42,233
4 years$37,266$35,848$34,493$33,197$31,958$29,474
5 years$29,515$28,106$26,768$25,499$24,294$21,909
6 years$24,349$22,950$21,633$20,392$19,223$16,939
7 years$20,661$19,274$17,977$16,765$15,634$13,451
8 years$17,896$16,521$15,246$14,064$12,970$10,889
9 years$15,746$14,385$13,131$11,979$10,922$8,942
10 years$14,027$12,679$11,448$10,326$9,306$7,424
11 years$12,622$11,288$10,079$8,987$8,004$6,218
12 years$11,452$10,131$8,945$7,883$6,936$5,244
13 years$10,463$9,156$7,991$6,959$6,048$4,448
14 years$9,615$8,322$7,180$6,178$5,302$3,790
15 years$8,882$7,602$6,483$5,509$4,668$3,242
16 years$8,241$6,975$5,878$4,933$4,126$2,783
17 years$7,675$6,424$5,348$4,432$3,658$2,394
18 years$7,173$5,936$4,882$3,994$3,253$2,065
19 years$6,725$5,501$4,470$3,609$2,899$1,785
20 years$6,322$5,112$4,102$3,269$2,590$1,545
21 years$5,957$4,762$3,773$2,967$2,317$1,339
22 years$5,626$4,445$3,477$2,697$2,077$1,162
23 years$5,325$4,157$3,211$2,457$1,865$1,010
24 years$5,049$3,895$2,969$2,241$1,676$878
25 years$4,795$3,655$2,750$2,046$1,508$764
26 years$4,562$3,435$2,551$1,871$1,358$666
27 years$4,346$3,233$2,369$1,713$1,225$580
28 years$4,146$3,047$2,202$1,569$1,105$506
29 years$3,959$2,874$2,049$1,439$998$441
30 years$3,786$2,714$1,909$1,321$902$385
31 years$3,624$2,566$1,779$1,213$815$336
32 years$3,473$2,428$1,660$1,115$737$293
33 years$3,331$2,299$1,550$1,025$667$256
34 years$3,198$2,179$1,448$943$604$224
35 years$3,072$2,067$1,354$868$547$196
36 years$2,954$1,962$1,267$800$496$171
37 years$2,843$1,863$1,186$737$449$149
38 years$2,737$1,771$1,110$679$407$131
39 years$2,637$1,684$1,040$626$369$114
40 years$2,543$1,602$975$577$335$100
41 years$2,453$1,525$914$533$304$87
42 years$2,368$1,452$858$492$276$76
43 years$2,287$1,384$805$454$250$67
44 years$2,210$1,319$755$419$227$58
45 years$2,136$1,258$709$387$206$51
46 years$2,066$1,200$666$358$187$45
47 years$2,000$1,145$626$330$170$39
48 years$1,936$1,093$588$305$154$34
49 years$1,874$1,044$553$282$140$30
50 years$1,816$997$520$261$127$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,860,000, adding $4,207 every year, while hoping to spend $31,131 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: 38/48/14 Blend
48$1,860,000$1,860,000$1,860,000$1,860,000
49$2,054,060$1,955,480$1,926,650$2,123,257
50$2,230,450$2,018,175$1,958,069$2,235,746
51$2,423,790$2,082,899$1,989,498$2,353,916
52$2,635,774$2,149,718$2,020,903$2,480,947
53$2,868,270$2,218,701$2,052,251$2,617,652
54$3,123,335$2,289,920$2,083,503$2,764,922
55$3,403,236$2,363,447$2,114,621$2,923,737
56$3,710,469$2,439,358$2,145,563$3,095,175
57$4,047,782$2,517,732$2,176,285$3,280,420
58$4,418,205$2,598,650$2,206,740$3,480,776
59$4,825,074$2,682,196$2,236,878$3,697,674
60$5,272,064$2,768,456$2,266,646$3,932,689
61$5,763,225$2,857,521$2,295,989$4,187,554
62$6,303,016$2,949,482$2,324,847$4,464,175
63$6,896,352$3,044,435$2,353,158$4,764,648
64$7,548,647$3,142,479$2,380,856$5,091,283
65$8,265,866$3,243,717$2,407,871$5,446,617
66$9,054,579$3,348,254$2,434,129$5,833,446
67$9,922,027$3,456,200$2,459,554$6,254,845
68$10,876,187$3,567,667$2,484,062$6,714,199
69$11,925,848$3,682,773$2,507,568$7,215,237
70$13,080,694$3,801,638$2,529,981$7,762,060
71$14,351,394$3,924,387$2,551,204$8,359,185
72$15,749,704$4,051,150$2,571,138$9,011,588
73$17,288,577$4,182,060$2,589,674$9,724,742
74$18,982,286$4,317,255$2,606,703$10,504,680
75$20,846,558$4,456,878$2,622,105$11,358,041
76$22,898,719$4,601,078$2,635,758$12,292,138
77$25,157,863$4,750,006$2,647,531$13,315,026
78$27,645,030$4,903,821$2,657,288$14,435,574
79$30,383,402$5,062,687$2,664,886$15,663,553
80$33,398,523$5,226,772$2,670,173$17,009,722
81$36,718,540$5,396,252$2,672,992$18,485,934
82$40,374,471$5,571,308$2,673,177$20,105,245
83$44,400,491$5,752,126$2,670,553$21,882,035
84$48,834,262$5,938,901$2,664,937$23,832,148
85$53,717,282$6,131,833$2,656,138$25,973,034
86$59,095,282$6,331,129$2,643,955$28,323,919
87$65,018,650$6,537,005$2,628,178$30,905,982
88$71,542,915$6,749,681$2,608,584$33,742,555
89$78,729,265$6,969,387$2,584,944$36,859,344
90$86,645,125$7,196,362$2,557,015$40,284,669
91$95,364,795$7,430,851$2,524,542$44,049,731
92$104,970,150$7,673,109$2,487,260$48,188,906
93$115,551,413$7,923,399$2,444,891$52,740,068
94$127,208,006$8,181,994$2,397,143$57,744,947
95$140,049,487$8,449,176$2,343,712$63,249,520
96$154,196,586$8,725,237$2,284,278$69,304,445
97$169,782,344$9,010,480$2,218,508$75,965,537
98$186,953,367$9,305,218$2,146,052$83,294,297
99$205,871,211$9,609,775$2,066,546$91,358,490
100$226,713,907$9,924,485$1,979,606$100,232,780