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%12.1%
1 years$154,423$153,047$151,705$150,395$149,116$147,805
2 years$76,447$75,023$73,643$72,306$71,008$69,687
3 years$50,458$49,028$47,652$46,327$45,050$43,760
4 years$37,467$36,041$34,679$33,376$32,130$30,881
5 years$29,674$28,257$26,912$25,636$24,425$23,220
6 years$24,480$23,074$21,749$20,501$19,327$18,167
7 years$20,772$19,377$18,073$16,855$15,718$14,605
8 years$17,992$16,610$15,328$14,139$13,039$11,973
9 years$15,831$14,462$13,202$12,044$10,981$9,961
10 years$14,103$12,747$11,510$10,382$9,356$8,382
11 years$12,690$11,348$10,133$9,035$8,047$7,117
12 years$11,514$10,186$8,993$7,925$6,973$6,087
13 years$10,519$9,205$8,034$6,997$6,081$5,238
14 years$9,667$8,367$7,219$6,211$5,330$4,529
15 years$8,930$7,643$6,518$5,539$4,693$3,933
16 years$8,285$7,013$5,909$4,960$4,148$3,427
17 years$7,716$6,458$5,377$4,456$3,678$2,995
18 years$7,212$5,968$4,909$4,016$3,270$2,624
19 years$6,761$5,531$4,494$3,629$2,915$2,305
20 years$6,356$5,140$4,124$3,286$2,604$2,028
21 years$5,989$4,787$3,793$2,983$2,330$1,787
22 years$5,657$4,469$3,496$2,712$2,088$1,577
23 years$5,354$4,180$3,228$2,470$1,875$1,394
24 years$5,076$3,916$2,985$2,253$1,685$1,233
25 years$4,821$3,675$2,765$2,057$1,516$1,092
26 years$4,586$3,454$2,564$1,881$1,366$967
27 years$4,369$3,251$2,381$1,722$1,231$858
28 years$4,168$3,063$2,214$1,577$1,111$761
29 years$3,981$2,890$2,060$1,447$1,003$676
30 years$3,807$2,729$1,919$1,328$907$601
31 years$3,644$2,580$1,789$1,219$820$534
32 years$3,492$2,441$1,669$1,121$741$475
33 years$3,349$2,312$1,558$1,030$671$422
34 years$3,215$2,191$1,456$948$607$376
35 years$3,089$2,078$1,361$873$550$334
36 years$2,970$1,972$1,274$804$499$298
37 years$2,858$1,873$1,192$741$452$265
38 years$2,752$1,780$1,116$683$410$236
39 years$2,652$1,693$1,046$629$371$210
40 years$2,557$1,611$980$581$337$187
41 years$2,466$1,533$919$536$306$167
42 years$2,381$1,460$862$494$277$149
43 years$2,299$1,391$809$456$252$133
44 years$2,222$1,326$759$421$228$118
45 years$2,148$1,265$713$389$207$105
46 years$2,078$1,206$670$359$188$94
47 years$2,010$1,151$629$332$171$84
48 years$1,946$1,099$591$307$155$75
49 years$1,885$1,049$556$284$141$67
50 years$1,826$1,002$523$262$128$59

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 $4,229 every year, while hoping to spend $40,279 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: 40/47/13 Blend
48$1,870,000$1,870,000$1,870,000$1,870,000
49$2,065,102$1,965,992$1,937,007$2,139,539
50$2,232,886$2,019,469$1,959,040$2,246,044
51$2,416,434$2,074,217$1,980,462$2,356,914
52$2,617,311$2,130,254$2,001,208$2,475,972
53$2,837,242$2,187,601$2,021,213$2,603,976
54$3,078,123$2,246,277$2,040,407$2,741,766
55$3,342,046$2,306,299$2,058,715$2,890,260
56$3,631,313$2,367,686$2,076,060$3,050,472
57$3,948,460$2,430,455$2,092,361$3,223,518
58$4,296,277$2,494,622$2,107,530$3,410,625
59$4,677,842$2,560,203$2,121,477$3,613,144
60$5,096,542$2,627,213$2,134,106$3,832,563
61$5,556,109$2,695,666$2,145,318$4,070,521
62$6,060,652$2,765,574$2,155,007$4,328,822
63$6,614,701$2,836,949$2,163,061$4,609,452
64$7,223,242$2,909,801$2,169,365$4,914,600
65$7,891,770$2,984,138$2,173,796$5,246,675
66$8,626,338$3,059,969$2,176,226$5,608,333
67$9,433,615$3,137,298$2,176,520$6,002,497
68$10,320,947$3,216,129$2,174,536$6,432,388
69$11,296,427$3,296,463$2,170,127$6,901,555
70$12,368,973$3,378,300$2,163,137$7,413,908
71$13,548,408$3,461,637$2,153,402$7,973,754
72$14,845,557$3,546,468$2,140,752$8,585,839
73$16,272,344$3,632,785$2,125,007$9,255,390
74$17,841,908$3,720,576$2,105,980$9,988,169
75$19,568,726$3,809,828$2,083,474$10,790,524
76$21,468,748$3,900,521$2,057,282$11,669,449
77$23,559,548$3,992,635$2,027,189$12,632,652
78$25,860,492$4,086,144$1,992,970$13,688,625
79$28,392,914$4,181,017$1,954,386$14,846,728
80$31,180,325$4,277,221$1,911,192$16,117,273
81$34,248,629$4,374,715$1,863,128$17,511,625
82$37,626,370$4,473,457$1,809,923$19,042,308
83$41,344,997$4,573,394$1,751,293$20,723,122
84$45,439,168$4,674,472$1,686,943$22,569,277
85$49,947,070$4,776,627$1,616,562$24,597,534
86$54,910,780$4,879,791$1,539,826$26,826,363
87$60,376,666$4,983,887$1,456,396$29,276,120
88$66,395,819$5,088,830$1,365,918$31,969,237
89$73,024,538$5,194,529$1,268,023$34,930,435
90$80,324,862$5,300,882$1,162,323$38,186,961
91$88,365,152$5,407,779$1,048,414$41,768,837
92$97,220,736$5,515,099$925,874$45,709,155
93$106,974,624$5,622,711$794,264$50,044,381
94$117,718,285$5,730,473$653,121$54,814,703
95$129,552,515$5,838,232$501,966$60,064,412
96$142,588,387$5,945,820$340,297$65,842,319
97$156,948,295$6,053,058$167,590$72,202,218
98$172,767,114$6,159,751$0$79,203,391
99$190,193,471$6,265,690$0$86,913,494
100$209,391,146$6,370,650$0$95,427,169