Can I retire at age 49 with 1,890,000?

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$156,074$154,684$153,328$152,004$150,711$146,889
2 years$77,265$75,826$74,431$73,079$71,767$67,941
3 years$50,998$49,553$48,162$46,822$45,532$41,822
4 years$37,867$36,427$35,049$33,733$32,474$28,908
5 years$29,991$28,559$27,200$25,910$24,686$21,275
6 years$24,742$23,320$21,981$20,720$19,533$16,280
7 years$20,994$19,585$18,267$17,035$15,886$12,790
8 years$18,184$16,788$15,492$14,291$13,179$10,240
9 years$16,000$14,617$13,343$12,172$11,098$8,313
10 years$14,254$12,884$11,633$10,493$9,456$6,822
11 years$12,826$11,470$10,241$9,132$8,133$5,645
12 years$11,637$10,295$9,089$8,010$7,048$4,703
13 years$10,632$9,303$8,120$7,071$6,146$3,939
14 years$9,771$8,456$7,296$6,277$5,387$3,313
15 years$9,025$7,725$6,587$5,598$4,743$2,797
16 years$8,373$7,088$5,972$5,013$4,192$2,368
17 years$7,799$6,527$5,435$4,504$3,717$2,010
18 years$7,289$6,032$4,961$4,059$3,305$1,710
19 years$6,833$5,590$4,542$3,667$2,946$1,457
20 years$6,424$5,195$4,168$3,322$2,631$1,243
21 years$6,053$4,839$3,834$3,015$2,355$1,062
22 years$5,717$4,517$3,534$2,741$2,111$908
23 years$5,411$4,224$3,263$2,496$1,895$778
24 years$5,130$3,958$3,017$2,277$1,703$666
25 years$4,873$3,714$2,795$2,079$1,532$571
26 years$4,635$3,491$2,592$1,901$1,380$490
27 years$4,416$3,285$2,407$1,740$1,245$420
28 years$4,212$3,096$2,237$1,594$1,123$361
29 years$4,023$2,920$2,082$1,462$1,014$310
30 years$3,847$2,758$1,939$1,342$916$266
31 years$3,683$2,607$1,808$1,232$828$229
32 years$3,529$2,467$1,687$1,133$749$197
33 years$3,385$2,336$1,575$1,041$678$169
34 years$3,249$2,214$1,472$958$614$145
35 years$3,122$2,100$1,376$882$556$125
36 years$3,002$1,993$1,287$812$504$107
37 years$2,888$1,893$1,205$749$457$92
38 years$2,781$1,799$1,128$690$414$79
39 years$2,680$1,711$1,057$636$375$68
40 years$2,584$1,628$991$587$341$59
41 years$2,493$1,550$929$541$309$51
42 years$2,406$1,476$871$500$280$44
43 years$2,324$1,406$818$461$254$37
44 years$2,246$1,340$768$426$231$32
45 years$2,171$1,278$721$393$210$28
46 years$2,100$1,219$677$363$190$24
47 years$2,032$1,164$636$336$173$21
48 years$1,967$1,111$598$310$157$18
49 years$1,905$1,061$562$287$143$15
50 years$1,845$1,013$528$265$129$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,890,000, adding $3,615 every year, while hoping to spend $52,336 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: 66/27/7 Blend
48$1,890,000$1,890,000$1,890,000$1,890,000
49$2,086,509$1,986,339$1,957,044$2,221,424
50$2,243,648$2,027,984$1,966,920$2,353,149
51$2,415,061$2,069,916$1,975,372$2,490,454
52$2,602,148$2,112,094$1,982,299$2,639,124
53$2,806,453$2,154,472$1,987,591$2,800,258
54$3,029,671$2,197,001$1,991,135$2,975,071
55$3,273,671$2,239,628$1,992,813$3,164,897
56$3,540,512$2,282,296$1,992,498$3,371,207
57$3,832,457$2,324,941$1,990,060$3,595,622
58$4,152,002$2,367,497$1,985,360$3,839,927
59$4,501,891$2,409,890$1,978,256$4,106,088
60$4,885,151$2,452,042$1,968,594$4,396,272
61$5,305,112$2,493,867$1,956,217$4,712,867
62$5,765,441$2,535,274$1,940,958$5,058,502
63$6,270,179$2,576,165$1,922,643$5,436,075
64$6,823,774$2,616,435$1,901,089$5,848,781
65$7,431,129$2,655,970$1,876,105$6,300,137
66$8,097,641$2,694,650$1,847,492$6,794,021
67$8,829,256$2,732,343$1,815,038$7,334,706
68$9,632,524$2,768,912$1,778,526$7,926,901
69$10,514,660$2,804,207$1,737,725$8,575,795
70$11,483,612$2,838,069$1,692,395$9,287,106
71$12,548,135$2,870,329$1,642,285$10,067,137
72$13,717,875$2,900,806$1,587,132$10,922,833
73$15,003,458$2,929,305$1,526,661$11,861,848
74$16,416,591$2,955,621$1,460,584$12,892,618
75$17,970,171$2,979,535$1,388,601$14,024,440
76$19,678,408$3,000,811$1,310,399$15,267,559
77$21,556,956$3,019,201$1,225,648$16,633,267
78$23,623,063$3,034,440$1,134,005$18,134,011
79$25,895,733$3,046,245$1,035,112$19,783,505
80$28,395,904$3,054,318$928,594$21,596,867
81$31,146,645$3,058,338$814,061$23,590,757
82$34,173,374$3,057,967$691,102$25,783,537
83$37,504,096$3,052,846$559,293$28,195,444
84$41,169,671$3,042,593$418,186$30,848,783
85$45,204,100$3,026,802$267,318$33,768,134
86$49,644,847$3,005,044$106,202$36,980,590
87$54,533,192$2,976,862$0$40,516,010
88$59,914,623$2,941,774$0$44,412,212
89$65,839,260$2,899,266$0$48,709,339
90$72,362,330$2,848,796$0$53,439,466
91$79,544,689$2,789,787$0$58,646,690
92$87,453,392$2,721,632$0$64,379,610
93$96,162,330$2,643,684$0$70,691,786
94$105,752,924$2,555,260$0$77,642,242
95$116,314,892$2,455,638$0$85,296,029
96$127,947,098$2,344,052$0$93,724,836
97$140,758,485$2,219,693$0$103,007,669
98$154,869,098$2,081,705$0$113,231,597
99$170,411,220$1,929,183$0$124,492,576
100$187,530,621$1,761,170$0$136,896,357