Can I retire at age 49 with 1,870,000?

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$154,423$153,047$151,705$150,395$149,116$145,748
2 years$76,447$75,023$73,643$72,306$71,008$67,633
3 years$50,458$49,028$47,652$46,327$45,050$41,773
4 years$37,467$36,041$34,679$33,376$32,130$28,977
5 years$29,674$28,257$26,912$25,636$24,425$21,404
6 years$24,480$23,074$21,749$20,501$19,327$16,441
7 years$20,772$19,377$18,073$16,855$15,718$12,968
8 years$17,992$16,610$15,328$14,139$13,039$10,425
9 years$15,831$14,462$13,202$12,044$10,981$8,499
10 years$14,103$12,747$11,510$10,382$9,356$7,005
11 years$12,690$11,348$10,133$9,035$8,047$5,823
12 years$11,514$10,186$8,993$7,925$6,973$4,873
13 years$10,519$9,205$8,034$6,997$6,081$4,100
14 years$9,667$8,367$7,219$6,211$5,330$3,466
15 years$8,930$7,643$6,518$5,539$4,693$2,940
16 years$8,285$7,013$5,909$4,960$4,148$2,502
17 years$7,716$6,458$5,377$4,456$3,678$2,134
18 years$7,212$5,968$4,909$4,016$3,270$1,825
19 years$6,761$5,531$4,494$3,629$2,915$1,563
20 years$6,356$5,140$4,124$3,286$2,604$1,341
21 years$5,989$4,787$3,793$2,983$2,330$1,152
22 years$5,657$4,469$3,496$2,712$2,088$990
23 years$5,354$4,180$3,228$2,470$1,875$852
24 years$5,076$3,916$2,985$2,253$1,685$734
25 years$4,821$3,675$2,765$2,057$1,516$633
26 years$4,586$3,454$2,564$1,881$1,366$546
27 years$4,369$3,251$2,381$1,722$1,231$471
28 years$4,168$3,063$2,214$1,577$1,111$407
29 years$3,981$2,890$2,060$1,447$1,003$351
30 years$3,807$2,729$1,919$1,328$907$304
31 years$3,644$2,580$1,789$1,219$820$262
32 years$3,492$2,441$1,669$1,121$741$227
33 years$3,349$2,312$1,558$1,030$671$196
34 years$3,215$2,191$1,456$948$607$170
35 years$3,089$2,078$1,361$873$550$147
36 years$2,970$1,972$1,274$804$499$127
37 years$2,858$1,873$1,192$741$452$110
38 years$2,752$1,780$1,116$683$410$95
39 years$2,652$1,693$1,046$629$371$82
40 years$2,557$1,611$980$581$337$71
41 years$2,466$1,533$919$536$306$62
42 years$2,381$1,460$862$494$277$53
43 years$2,299$1,391$809$456$252$46
44 years$2,222$1,326$759$421$228$40
45 years$2,148$1,265$713$389$207$35
46 years$2,078$1,206$670$359$188$30
47 years$2,010$1,151$629$332$171$26
48 years$1,946$1,099$591$307$155$22
49 years$1,885$1,049$556$284$141$19
50 years$1,826$1,002$523$262$128$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,870,000, adding $6,213 every year, while hoping to spend $54,338 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: 50/27/23 Blend
48$1,870,000$1,870,000$1,870,000$1,870,000
49$2,067,149$1,968,039$1,939,054$2,156,868
50$2,220,183$2,006,657$1,946,197$2,258,446
51$2,387,005$2,045,347$1,951,758$2,362,776
52$2,568,964$2,084,054$1,955,627$2,475,054
53$2,767,546$2,122,720$1,957,688$2,596,053
54$2,984,384$2,161,282$1,957,819$2,726,627
55$3,221,279$2,199,672$1,955,893$2,867,720
56$3,480,209$2,237,816$1,951,775$3,020,368
57$3,763,357$2,275,636$1,945,326$3,185,719
58$4,073,123$2,313,045$1,936,399$3,365,037
59$4,412,152$2,349,954$1,924,838$3,559,715
60$4,783,353$2,386,264$1,910,482$3,771,292
61$5,189,934$2,421,870$1,893,162$4,001,464
62$5,635,425$2,456,659$1,872,700$4,252,103
63$6,123,713$2,490,510$1,848,910$4,525,272
64$6,659,081$2,523,295$1,821,598$4,823,250
65$7,246,245$2,554,874$1,790,560$5,148,546
66$7,890,400$2,585,101$1,755,582$5,503,930
67$8,597,268$2,613,817$1,716,440$5,892,459
68$9,373,150$2,640,856$1,672,902$6,317,501
69$10,224,990$2,666,036$1,624,723$6,782,773
70$11,160,434$2,689,167$1,571,646$7,292,374
71$12,187,908$2,710,046$1,513,406$7,850,824
72$13,316,690$2,728,454$1,449,721$8,463,110
73$14,557,006$2,744,161$1,380,299$9,134,730
74$15,920,117$2,756,921$1,304,836$9,871,748
75$17,418,431$2,766,473$1,223,010$10,680,850
76$19,065,619$2,772,538$1,134,489$11,569,411
77$20,876,742$2,774,822$1,038,924$12,545,563
78$22,868,391$2,773,010$935,950$13,618,274
79$25,058,849$2,766,769$825,186$14,797,432
80$27,468,256$2,755,746$706,235$16,093,940
81$30,118,806$2,739,565$578,681$17,519,822
82$33,034,948$2,717,828$442,091$19,088,334
83$36,243,624$2,690,112$296,012$20,814,094
84$39,774,516$2,655,970$139,971$22,713,219
85$43,660,332$2,614,928$0$24,803,478
86$47,937,109$2,566,482$0$27,110,980
87$52,644,554$2,510,101$0$29,687,892
88$57,826,422$2,445,219$0$32,523,774
89$63,530,922$2,371,240$0$35,645,019
90$69,811,177$2,287,531$0$39,080,719
91$76,725,721$2,193,424$0$42,862,935
92$84,339,053$2,088,211$0$47,027,004
93$92,722,246$1,971,142$0$51,611,875
94$101,953,613$1,841,426$0$56,660,473
95$112,119,451$1,698,225$0$62,220,110
96$123,314,851$1,540,655$0$68,342,928
97$135,644,598$1,367,778$0$75,086,397
98$149,224,155$1,178,608$0$82,513,857
99$164,180,757$972,098$0$90,695,117
100$180,654,608$747,144$0$99,707,116