Can I retire at age 49 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$156,900$155,503$154,139$152,808$151,509$146,600
2 years$77,673$76,227$74,825$73,465$72,147$67,248
3 years$51,268$49,815$48,417$47,070$45,773$41,037
4 years$38,068$36,619$35,235$33,911$32,646$28,109
5 years$30,150$28,710$27,344$26,047$24,817$20,491
6 years$24,873$23,444$22,098$20,830$19,637$15,526
7 years$21,105$19,688$18,363$17,126$15,970$12,074
8 years$18,280$16,876$15,574$14,366$13,249$9,565
9 years$16,085$14,694$13,414$12,237$11,157$7,681
10 years$14,329$12,952$11,694$10,548$9,506$6,233
11 years$12,894$11,530$10,295$9,180$8,176$5,098
12 years$11,698$10,349$9,137$8,052$7,085$4,197
13 years$10,688$9,353$8,163$7,109$6,178$3,472
14 years$9,822$8,501$7,335$6,310$5,416$2,885
15 years$9,073$7,766$6,622$5,628$4,769$2,405
16 years$8,418$7,125$6,004$5,039$4,214$2,010
17 years$7,840$6,562$5,463$4,528$3,737$1,684
18 years$7,328$6,064$4,987$4,080$3,323$1,413
19 years$6,869$5,620$4,566$3,687$2,962$1,188
20 years$6,457$5,222$4,190$3,339$2,645$1,000
21 years$6,085$4,864$3,854$3,031$2,367$842
22 years$5,747$4,540$3,552$2,755$2,122$710
23 years$5,439$4,247$3,280$2,509$1,905$600
24 years$5,157$3,979$3,033$2,289$1,712$506
25 years$4,898$3,734$2,809$2,090$1,541$428
26 years$4,660$3,509$2,606$1,911$1,388$362
27 years$4,439$3,303$2,420$1,749$1,251$306
28 years$4,235$3,112$2,249$1,603$1,129$259
29 years$4,045$2,936$2,093$1,470$1,019$219
30 years$3,868$2,773$1,950$1,349$921$185
31 years$3,702$2,621$1,818$1,239$833$157
32 years$3,548$2,480$1,696$1,139$753$133
33 years$3,403$2,349$1,583$1,047$682$112
34 years$3,266$2,226$1,479$963$617$95
35 years$3,138$2,111$1,383$887$559$81
36 years$3,018$2,004$1,294$817$507$68
37 years$2,904$1,903$1,211$752$459$58
38 years$2,796$1,809$1,134$694$416$49
39 years$2,694$1,720$1,063$640$377$42
40 years$2,598$1,636$996$590$342$35
41 years$2,506$1,558$934$544$311$30
42 years$2,419$1,484$876$502$282$25
43 years$2,336$1,414$822$464$256$21
44 years$2,257$1,347$772$428$232$18
45 years$2,182$1,285$725$395$211$15
46 years$2,111$1,226$681$365$191$13
47 years$2,043$1,170$639$337$174$11
48 years$1,977$1,117$601$312$158$9
49 years$1,915$1,066$565$288$143$8
50 years$1,855$1,019$531$266$130$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,900,000, adding $3,796 every year, while hoping to spend $45,268 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: 38/33/29 Blend
48$1,900,000$1,900,000$1,900,000$1,900,000
49$2,097,716$1,997,016$1,967,566$2,159,202
50$2,263,518$2,046,705$1,985,314$2,254,520
51$2,444,715$2,097,311$2,002,140$2,353,058
52$2,642,828$2,148,832$2,017,965$2,458,699
53$2,859,536$2,201,264$2,032,706$2,572,120
54$3,096,682$2,254,599$2,046,275$2,694,065
55$3,356,300$2,308,831$2,058,581$2,825,355
56$3,640,627$2,363,948$2,069,528$2,966,896
57$3,952,127$2,419,938$2,079,014$3,119,683
58$4,293,516$2,476,787$2,086,933$3,284,818
59$4,667,782$2,534,477$2,093,172$3,463,512
60$5,078,217$2,592,988$2,097,615$3,657,101
61$5,528,448$2,652,297$2,100,138$3,867,061
62$6,022,469$2,712,378$2,100,612$4,095,015
63$6,564,678$2,773,202$2,098,900$4,342,756
64$7,159,922$2,834,736$2,094,860$4,612,257
65$7,813,539$2,896,943$2,088,342$4,905,698
66$8,531,409$2,959,782$2,079,190$5,225,479
67$9,320,010$3,023,209$2,067,240$5,574,250
68$10,186,477$3,087,172$2,052,319$5,954,928
69$11,138,673$3,151,618$2,034,247$6,370,733
70$12,185,257$3,216,488$2,012,834$6,825,216
71$13,335,772$3,281,714$1,987,883$7,322,289
72$14,600,730$3,347,227$1,959,186$7,866,269
73$15,991,712$3,412,948$1,926,525$8,461,912
74$17,521,477$3,478,794$1,889,675$9,114,466
75$19,204,085$3,544,672$1,848,396$9,829,714
76$21,055,024$3,610,483$1,802,440$10,614,035
77$23,091,361$3,676,122$1,751,547$11,474,460
78$25,331,900$3,741,471$1,695,443$12,418,741
79$27,797,357$3,806,407$1,633,844$13,455,427
80$30,510,562$3,870,796$1,566,452$14,593,940
81$33,496,667$3,934,492$1,492,956$15,844,672
82$36,783,386$3,997,341$1,413,029$17,219,076
83$40,401,258$4,059,177$1,326,332$18,729,782
84$44,383,930$4,119,821$1,232,508$20,390,712
85$48,768,480$4,179,081$1,131,186$22,217,214
86$53,595,762$4,236,753$1,021,977$24,226,210
87$58,910,793$4,292,617$904,477$26,436,353
88$64,763,177$4,346,439$778,260$28,868,209
89$71,207,574$4,397,967$642,885$31,544,447
90$78,304,214$4,446,935$497,889$34,490,058
91$86,119,465$4,493,057$342,790$37,732,593
92$94,726,461$4,536,027$177,084$41,302,419
93$104,205,790$4,575,521$246$45,233,014
94$114,646,252$4,611,194$0$49,561,280
95$126,145,703$4,642,676$0$54,386,217
96$138,811,973$4,669,575$0$59,698,215
97$152,763,883$4,691,473$0$65,546,812
98$168,132,370$4,707,926$0$71,986,683
99$185,061,720$4,718,463$0$79,078,085
100$203,710,929$4,722,581$0$86,887,423