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

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$153,597$152,229$150,894$149,591$148,319$143,859
2 years$76,038$74,622$73,250$71,919$70,628$66,173
3 years$50,189$48,766$47,397$46,079$44,809$40,498
4 years$37,266$35,848$34,493$33,197$31,958$27,824
5 years$29,515$28,106$26,768$25,499$24,294$20,348
6 years$24,349$22,950$21,633$20,392$19,223$15,468
7 years$20,661$19,274$17,977$16,765$15,634$12,070
8 years$17,896$16,521$15,246$14,064$12,970$9,596
9 years$15,746$14,385$13,131$11,979$10,922$7,734
10 years$14,027$12,679$11,448$10,326$9,306$6,299
11 years$12,622$11,288$10,079$8,987$8,004$5,173
12 years$11,452$10,131$8,945$7,883$6,936$4,275
13 years$10,463$9,156$7,991$6,959$6,048$3,552
14 years$9,615$8,322$7,180$6,178$5,302$2,963
15 years$8,882$7,602$6,483$5,509$4,668$2,480
16 years$8,241$6,975$5,878$4,933$4,126$2,082
17 years$7,675$6,424$5,348$4,432$3,658$1,752
18 years$7,173$5,936$4,882$3,994$3,253$1,477
19 years$6,725$5,501$4,470$3,609$2,899$1,247
20 years$6,322$5,112$4,102$3,269$2,590$1,054
21 years$5,957$4,762$3,773$2,967$2,317$893
22 years$5,626$4,445$3,477$2,697$2,077$756
23 years$5,325$4,157$3,211$2,457$1,865$641
24 years$5,049$3,895$2,969$2,241$1,676$544
25 years$4,795$3,655$2,750$2,046$1,508$462
26 years$4,562$3,435$2,551$1,871$1,358$393
27 years$4,346$3,233$2,369$1,713$1,225$334
28 years$4,146$3,047$2,202$1,569$1,105$284
29 years$3,959$2,874$2,049$1,439$998$241
30 years$3,786$2,714$1,909$1,321$902$205
31 years$3,624$2,566$1,779$1,213$815$174
32 years$3,473$2,428$1,660$1,115$737$148
33 years$3,331$2,299$1,550$1,025$667$126
34 years$3,198$2,179$1,448$943$604$108
35 years$3,072$2,067$1,354$868$547$92
36 years$2,954$1,962$1,267$800$496$78
37 years$2,843$1,863$1,186$737$449$66
38 years$2,737$1,771$1,110$679$407$57
39 years$2,637$1,684$1,040$626$369$48
40 years$2,543$1,602$975$577$335$41
41 years$2,453$1,525$914$533$304$35
42 years$2,368$1,452$858$492$276$30
43 years$2,287$1,384$805$454$250$25
44 years$2,210$1,319$755$419$227$22
45 years$2,136$1,258$709$387$206$18
46 years$2,066$1,200$666$358$187$16
47 years$2,000$1,145$626$330$170$13
48 years$1,936$1,093$588$305$154$11
49 years$1,874$1,044$553$282$140$10
50 years$1,816$997$520$261$127$8

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 $5,345 every year, while hoping to spend $38,043 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: 26/50/24 Blend
48$1,860,000$1,860,000$1,860,000$1,860,000
49$2,055,233$1,956,653$1,927,823$2,092,982
50$2,224,390$2,012,052$1,951,928$2,179,200
51$2,409,525$2,068,890$1,975,565$2,267,995
52$2,612,229$2,127,198$1,998,679$2,362,467
53$2,834,252$2,187,006$2,021,210$2,463,119
54$3,077,522$2,248,346$2,043,097$2,570,505
55$3,344,162$2,311,248$2,064,274$2,685,233
56$3,636,510$2,375,743$2,084,671$2,807,971
57$3,957,143$2,441,862$2,104,215$2,939,457
58$4,308,895$2,509,637$2,122,831$3,080,500
59$4,694,892$2,579,099$2,140,435$3,231,992
60$5,118,575$2,650,280$2,156,944$3,394,914
61$5,583,736$2,723,209$2,172,267$3,570,347
62$6,094,549$2,797,918$2,186,310$3,759,479
63$6,655,615$2,874,439$2,198,974$3,963,621
64$7,272,002$2,952,800$2,210,154$4,184,215
65$7,949,292$3,033,033$2,219,740$4,422,848
66$8,693,635$3,115,167$2,227,616$4,681,270
67$9,511,807$3,199,231$2,233,663$4,961,408
68$10,411,272$3,285,255$2,237,751$5,265,383
69$11,400,254$3,373,265$2,239,748$5,595,535
70$12,487,815$3,463,289$2,239,514$5,954,438
71$13,683,935$3,555,353$2,236,901$6,344,930
72$14,999,614$3,649,483$2,231,755$6,770,138
73$16,446,970$3,745,703$2,223,914$7,233,505
74$18,039,354$3,844,036$2,213,208$7,738,829
75$19,791,477$3,944,503$2,199,460$8,290,290
76$21,719,548$4,047,124$2,182,482$8,892,499
77$23,841,427$4,151,918$2,162,080$9,550,532
78$26,176,791$4,258,901$2,138,049$10,269,986
79$28,747,325$4,368,087$2,110,174$11,057,029
80$31,576,918$4,479,490$2,078,231$11,918,457
81$34,691,897$4,593,118$2,041,985$12,861,759
82$38,121,269$4,708,979$2,001,190$13,895,190
83$41,896,997$4,827,078$1,955,589$15,027,847
84$46,054,301$4,947,415$1,904,911$16,269,754
85$50,631,990$5,069,989$1,848,876$17,631,961
86$55,672,828$5,194,794$1,787,189$19,126,644
87$61,223,938$5,321,819$1,719,541$20,767,223
88$67,337,244$5,451,053$1,645,609$22,568,490
89$74,069,963$5,582,475$1,565,058$24,546,744
90$81,485,146$5,716,063$1,477,534$26,719,953
91$89,652,270$5,851,789$1,382,670$29,107,915
92$98,647,892$5,989,617$1,280,081$31,732,454
93$108,556,378$6,129,509$1,169,364$34,617,621
94$119,470,690$6,271,417$1,050,099$37,789,924
95$131,493,272$6,415,288$921,849$41,278,578
96$144,737,008$6,561,060$784,154$45,115,781
97$159,326,296$6,708,665$636,536$49,337,021
98$175,398,214$6,858,025$478,496$53,981,410
99$193,103,817$7,009,054$309,511$59,092,052
100$212,609,564$7,161,655$129,037$64,716,458