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%18.4%
1 years$154,423$153,047$151,705$150,395$149,116$144,055
2 years$76,447$75,023$73,643$72,306$71,008$65,959
3 years$50,458$49,028$47,652$46,327$45,050$40,173
4 years$37,467$36,041$34,679$33,376$32,130$27,462
5 years$29,674$28,257$26,912$25,636$24,425$19,978
6 years$24,480$23,074$21,749$20,501$19,327$15,104
7 years$20,772$19,377$18,073$16,855$15,718$11,719
8 years$17,992$16,610$15,328$14,139$13,039$9,261
9 years$15,831$14,462$13,202$12,044$10,981$7,419
10 years$14,103$12,747$11,510$10,382$9,356$6,005
11 years$12,690$11,348$10,133$9,035$8,047$4,899
12 years$11,514$10,186$8,993$7,925$6,973$4,022
13 years$10,519$9,205$8,034$6,997$6,081$3,319
14 years$9,667$8,367$7,219$6,211$5,330$2,750
15 years$8,930$7,643$6,518$5,539$4,693$2,286
16 years$8,285$7,013$5,909$4,960$4,148$1,905
17 years$7,716$6,458$5,377$4,456$3,678$1,591
18 years$7,212$5,968$4,909$4,016$3,270$1,331
19 years$6,761$5,531$4,494$3,629$2,915$1,116
20 years$6,356$5,140$4,124$3,286$2,604$936
21 years$5,989$4,787$3,793$2,983$2,330$786
22 years$5,657$4,469$3,496$2,712$2,088$661
23 years$5,354$4,180$3,228$2,470$1,875$556
24 years$5,076$3,916$2,985$2,253$1,685$468
25 years$4,821$3,675$2,765$2,057$1,516$394
26 years$4,586$3,454$2,564$1,881$1,366$332
27 years$4,369$3,251$2,381$1,722$1,231$280
28 years$4,168$3,063$2,214$1,577$1,111$236
29 years$3,981$2,890$2,060$1,447$1,003$199
30 years$3,807$2,729$1,919$1,328$907$168
31 years$3,644$2,580$1,789$1,219$820$142
32 years$3,492$2,441$1,669$1,121$741$120
33 years$3,349$2,312$1,558$1,030$671$101
34 years$3,215$2,191$1,456$948$607$85
35 years$3,089$2,078$1,361$873$550$72
36 years$2,970$1,972$1,274$804$499$61
37 years$2,858$1,873$1,192$741$452$51
38 years$2,752$1,780$1,116$683$410$43
39 years$2,652$1,693$1,046$629$371$37
40 years$2,557$1,611$980$581$337$31
41 years$2,466$1,533$919$536$306$26
42 years$2,381$1,460$862$494$277$22
43 years$2,299$1,391$809$456$252$19
44 years$2,222$1,326$759$421$228$16
45 years$2,148$1,265$713$389$207$13
46 years$2,078$1,206$670$359$188$11
47 years$2,010$1,151$629$332$171$9
48 years$1,946$1,099$591$307$155$8
49 years$1,885$1,049$556$284$141$7
50 years$1,826$1,002$523$262$128$6

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 $3,079 every year, while hoping to spend $41,361 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: 72/22/6 Blend
48$1,870,000$1,870,000$1,870,000$1,870,000
49$2,063,916$1,964,806$1,935,821$2,210,798
50$2,230,428$2,017,074$1,956,663$2,360,338
51$2,412,537$2,070,516$1,976,817$2,518,534
52$2,611,792$2,125,148$1,996,217$2,690,565
53$2,829,896$2,180,981$2,014,791$2,877,781
54$3,068,725$2,238,029$2,032,466$3,081,671
55$3,330,345$2,296,302$2,049,164$3,303,870
56$3,617,032$2,355,813$2,064,803$3,546,182
57$3,931,291$2,416,570$2,079,296$3,810,592
58$4,275,882$2,478,581$2,092,552$4,099,286
59$4,653,845$2,541,854$2,104,475$4,414,671
60$5,068,528$2,606,395$2,114,965$4,759,400
61$5,523,617$2,672,209$2,123,916$5,136,393
62$6,023,177$2,739,297$2,131,218$5,548,867
63$6,571,679$2,807,661$2,136,752$6,000,365
64$7,174,055$2,877,301$2,140,398$6,494,790
65$7,835,733$2,948,213$2,142,025$7,036,442
66$8,562,694$3,020,392$2,141,500$7,630,058
67$9,361,529$3,093,831$2,138,680$8,280,855
68$10,239,496$3,168,520$2,133,417$8,994,582
69$11,204,593$3,244,446$2,125,555$9,777,572
70$12,265,632$3,321,594$2,114,931$10,636,803
71$13,432,318$3,399,944$2,101,373$11,579,962
72$14,715,348$3,479,475$2,084,702$12,615,519
73$16,126,504$3,560,159$2,064,730$13,752,805
74$17,678,769$3,641,969$2,041,260$15,002,103
75$19,386,447$3,724,869$2,014,086$16,374,741
76$21,265,298$3,808,821$1,982,991$17,883,202
77$23,332,687$3,893,782$1,947,750$19,541,241
78$25,607,747$3,979,703$1,908,126$21,364,013
79$28,111,559$4,066,531$1,863,871$23,368,216
80$30,867,353$4,154,205$1,814,725$25,572,253
81$33,900,723$4,242,661$1,760,418$27,996,400
82$37,239,871$4,331,826$1,700,666$30,662,998
83$40,915,873$4,421,620$1,635,173$33,596,669
84$44,962,968$4,511,956$1,563,628$36,824,540
85$49,418,889$4,602,739$1,485,707$40,376,508
86$54,325,208$4,693,867$1,401,072$44,285,514
87$59,727,739$4,785,225$1,309,367$48,587,860
88$65,676,960$4,876,693$1,210,222$53,323,548
89$72,228,497$4,968,139$1,103,252$58,536,658
90$79,443,644$5,059,418$988,052$64,275,768
91$87,389,944$5,150,377$864,199$70,594,404
92$96,141,822$5,240,849$731,253$77,551,555
93$105,781,291$5,330,655$588,754$85,212,225
94$116,398,726$5,419,600$436,221$93,648,045
95$128,093,714$5,507,478$273,151$102,937,952
96$140,975,993$5,594,065$99,022$113,168,935
97$155,166,491$5,679,121$0$124,436,853
98$170,798,465$5,762,390$0$136,852,902
99$188,018,758$5,843,596$0$150,535,060
100$206,989,184$5,922,445$0$165,605,306