Can I retire at age 49 with 1,880,000?

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 $1,880,000?

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 years$155,249$153,866$152,517$151,200$149,914$148,658
2 years$76,856$75,424$74,037$72,692$71,388$70,122
3 years$50,728$49,291$47,907$46,575$45,291$44,055
4 years$37,667$36,234$34,864$33,554$32,302$31,104
5 years$29,832$28,408$27,056$25,773$24,556$23,400
6 years$24,611$23,197$21,865$20,611$19,430$18,318
7 years$20,883$19,481$18,170$16,945$15,802$14,735
8 years$18,088$16,699$15,410$14,215$13,109$12,086
9 years$15,915$14,539$13,272$12,108$11,040$10,061
10 years$14,178$12,816$11,571$10,437$9,406$8,471
11 years$12,758$11,409$10,187$9,084$8,090$7,197
12 years$11,575$10,240$9,041$7,967$7,010$6,160
13 years$10,575$9,254$8,077$7,034$6,113$5,304
14 years$9,719$8,412$7,257$6,244$5,359$4,589
15 years$8,977$7,684$6,553$5,569$4,718$3,988
16 years$8,329$7,050$5,941$4,986$4,170$3,477
17 years$7,758$6,493$5,406$4,480$3,697$3,041
18 years$7,250$6,000$4,935$4,037$3,288$2,667
19 years$6,797$5,560$4,518$3,648$2,930$2,343
20 years$6,390$5,167$4,146$3,304$2,617$2,063
21 years$6,021$4,813$3,814$2,999$2,342$1,820
22 years$5,687$4,493$3,515$2,726$2,100$1,607
23 years$5,382$4,202$3,245$2,483$1,885$1,421
24 years$5,103$3,937$3,001$2,265$1,694$1,258
25 years$4,847$3,695$2,780$2,068$1,524$1,115
26 years$4,611$3,472$2,578$1,891$1,373$989
27 years$4,392$3,268$2,394$1,731$1,238$878
28 years$4,190$3,079$2,226$1,586$1,117$780
29 years$4,002$2,905$2,071$1,454$1,009$693
30 years$3,827$2,743$1,929$1,335$911$616
31 years$3,663$2,593$1,799$1,226$824$548
32 years$3,510$2,454$1,678$1,127$745$488
33 years$3,367$2,324$1,567$1,036$675$434
34 years$3,232$2,203$1,464$953$611$387
35 years$3,105$2,089$1,369$877$553$344
36 years$2,986$1,983$1,280$808$501$307
37 years$2,873$1,883$1,198$745$454$273
38 years$2,767$1,790$1,122$686$412$244
39 years$2,666$1,702$1,051$633$373$217
40 years$2,570$1,619$985$584$339$194
41 years$2,480$1,541$924$538$307$173
42 years$2,394$1,468$867$497$279$154
43 years$2,312$1,399$813$459$253$138
44 years$2,234$1,333$764$424$230$123
45 years$2,159$1,271$717$391$209$109
46 years$2,089$1,213$673$361$189$98
47 years$2,021$1,157$633$334$172$87
48 years$1,956$1,105$594$308$156$78
49 years$1,895$1,055$559$285$142$69
50 years$1,836$1,008$525$264$129$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,880,000, adding $5,405 every year, while hoping to spend $27,059 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: 41/44/15 Blend
48$1,880,000$1,880,000$1,880,000$1,880,000
49$2,077,335$1,977,695$1,948,555$2,153,100
50$2,260,433$2,045,812$1,985,041$2,275,274
51$2,461,300$2,116,359$2,021,843$2,404,359
52$2,681,719$2,189,428$2,058,941$2,543,489
53$2,923,657$2,265,112$2,096,318$2,693,595
54$3,189,276$2,343,509$2,133,952$2,855,694
55$3,480,963$2,424,721$2,171,819$3,030,909
56$3,801,342$2,508,854$2,209,896$3,220,470
57$4,153,308$2,596,016$2,248,156$3,425,732
58$4,540,047$2,686,323$2,286,571$3,648,183
59$4,965,071$2,779,892$2,325,111$3,889,459
60$5,432,249$2,876,848$2,363,743$4,151,361
61$5,945,843$2,977,317$2,402,433$4,435,868
62$6,510,547$3,081,434$2,441,142$4,745,158
63$7,131,535$3,189,337$2,479,833$5,081,624
64$7,814,507$3,301,170$2,518,463$5,447,904
65$8,565,743$3,417,082$2,556,987$5,846,895
66$9,392,159$3,537,231$2,595,357$6,281,790
67$10,301,381$3,661,777$2,633,523$6,756,098
68$11,301,807$3,790,889$2,671,432$7,273,686
69$12,402,692$3,924,743$2,709,025$7,838,805
70$13,614,232$4,063,520$2,746,242$8,456,139
71$14,947,663$4,207,412$2,783,021$9,130,841
72$16,415,364$4,356,615$2,819,291$9,868,586
73$18,030,976$4,511,334$2,854,983$10,675,620
74$19,809,530$4,671,784$2,890,019$11,558,822
75$21,767,588$4,838,187$2,924,320$12,525,764
76$23,923,398$5,010,774$2,957,801$13,584,787
77$26,297,070$5,189,787$2,990,373$14,745,073
78$28,910,761$5,375,477$3,021,940$16,016,734
79$31,788,887$5,568,104$3,052,404$17,410,909
80$34,958,352$5,767,940$3,081,658$18,939,861
81$38,448,804$5,975,269$3,109,594$20,617,099
82$42,292,910$6,190,385$3,136,093$22,457,503
83$46,526,668$6,413,595$3,161,033$24,477,458
84$51,189,745$6,645,218$3,184,285$26,695,015
85$56,325,854$6,885,588$3,205,713$29,130,056
86$61,983,160$7,135,051$3,225,173$31,804,483
87$68,214,741$7,393,967$3,242,515$34,742,419
88$75,079,086$7,662,714$3,257,582$37,970,441
89$82,640,648$7,941,681$3,270,206$41,517,825
90$90,970,449$8,231,279$3,280,212$45,416,822
91$100,146,754$8,531,931$3,287,419$49,702,961
92$110,255,808$8,844,080$3,291,632$54,415,383
93$121,392,649$9,168,189$3,292,651$59,597,212
94$133,662,007$9,504,737$3,290,261$65,295,956
95$147,179,288$9,854,227$3,284,243$71,563,954
96$162,071,672$10,217,179$3,274,360$78,458,874
97$178,479,301$10,594,140$3,260,370$86,044,248
98$196,556,612$10,985,675$3,242,015$94,390,077
99$216,473,791$11,392,378$3,219,027$103,573,485
100$238,418,376$11,814,863$3,191,123$113,679,448