Can I retire at age 49 with 1,910,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$157,726$156,321$154,950$153,612$152,306$150,653
2 years$78,082$76,628$75,219$73,852$72,527$70,862
3 years$51,538$50,077$48,671$47,318$46,014$44,390
4 years$38,268$36,812$35,420$34,090$32,818$31,246
5 years$30,308$28,861$27,488$26,184$24,947$23,433
6 years$25,004$23,567$22,214$20,940$19,740$18,285
7 years$21,216$19,792$18,460$17,216$16,054$14,659
8 years$18,377$16,965$15,656$14,442$13,318$11,983
9 years$16,169$14,771$13,484$12,301$11,216$9,940
10 years$14,405$13,020$11,756$10,604$9,557$8,339
11 years$12,962$11,591$10,350$9,228$8,219$7,059
12 years$11,760$10,404$9,185$8,095$7,122$6,019
13 years$10,744$9,402$8,206$7,146$6,211$5,162
14 years$9,874$8,546$7,373$6,344$5,444$4,449
15 years$9,121$7,807$6,657$5,657$4,794$3,850
16 years$8,462$7,163$6,036$5,066$4,237$3,343
17 years$7,882$6,597$5,492$4,551$3,756$2,912
18 years$7,366$6,095$5,014$4,102$3,340$2,542
19 years$6,906$5,649$4,590$3,706$2,977$2,225
20 years$6,491$5,250$4,212$3,357$2,659$1,950
21 years$6,117$4,890$3,874$3,046$2,380$1,712
22 years$5,778$4,564$3,571$2,770$2,133$1,505
23 years$5,468$4,269$3,297$2,523$1,915$1,325
24 years$5,185$4,000$3,049$2,301$1,721$1,168
25 years$4,924$3,754$2,824$2,101$1,549$1,030
26 years$4,684$3,528$2,619$1,921$1,395$909
27 years$4,463$3,320$2,432$1,759$1,258$803
28 years$4,257$3,128$2,261$1,611$1,135$710
29 years$4,066$2,951$2,104$1,478$1,025$628
30 years$3,888$2,787$1,960$1,356$926$556
31 years$3,722$2,635$1,827$1,245$837$492
32 years$3,566$2,493$1,705$1,145$757$435
33 years$3,421$2,361$1,592$1,052$685$386
34 years$3,284$2,238$1,487$968$620$342
35 years$3,155$2,122$1,391$891$562$303
36 years$3,034$2,014$1,301$821$509$269
37 years$2,919$1,913$1,218$756$461$238
38 years$2,811$1,818$1,140$697$418$211
39 years$2,708$1,729$1,068$643$379$187
40 years$2,611$1,645$1,001$593$344$166
41 years$2,519$1,566$939$547$312$147
42 years$2,432$1,491$881$505$283$131
43 years$2,349$1,421$826$466$257$116
44 years$2,269$1,354$776$430$233$103
45 years$2,194$1,292$728$397$212$91
46 years$2,122$1,232$684$367$192$81
47 years$2,053$1,176$643$339$175$72
48 years$1,988$1,122$604$313$159$64
49 years$1,925$1,072$568$290$144$57
50 years$1,865$1,024$534$268$131$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,910,000, adding $2,864 every year, while hoping to spend $41,394 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: 48/34/18 Blend
48$1,910,000$1,910,000$1,910,000$1,910,000
49$2,107,774$2,006,544$1,976,939$2,198,141
50$2,278,724$2,060,822$1,999,124$2,315,419
51$2,465,724$2,116,372$2,020,664$2,438,254
52$2,670,366$2,173,213$2,041,495$2,570,752
53$2,894,406$2,231,363$2,061,548$2,713,836
54$3,139,776$2,290,840$2,080,750$2,868,521
55$3,408,602$2,351,660$2,099,024$3,035,924
56$3,703,229$2,413,841$2,116,291$3,217,275
57$4,026,237$2,477,397$2,132,465$3,413,930
58$4,380,467$2,542,344$2,147,457$3,627,380
59$4,769,051$2,608,695$2,161,173$3,859,269
60$5,195,437$2,676,464$2,173,514$4,111,408
61$5,663,422$2,745,661$2,184,378$4,385,790
62$6,177,190$2,816,298$2,193,654$4,684,611
63$6,741,350$2,888,382$2,201,227$5,010,292
64$7,360,977$2,961,923$2,206,978$5,365,498
65$8,041,665$3,036,926$2,210,780$5,753,166
66$8,789,574$3,113,394$2,212,501$6,176,531
67$9,611,491$3,191,331$2,212,000$6,639,159
68$10,514,893$3,270,736$2,209,132$7,144,978
69$11,508,018$3,351,608$2,203,743$7,698,316
70$12,599,940$3,433,941$2,195,673$8,303,942
71$13,800,659$3,517,729$2,184,753$8,967,112
72$15,121,190$3,602,961$2,170,805$9,693,615
73$16,573,670$3,689,625$2,153,646$10,489,833
74$18,171,472$3,777,704$2,133,081$11,362,798
75$19,929,329$3,867,179$2,108,907$12,320,258
76$21,863,476$3,958,026$2,080,910$13,370,753
77$23,991,798$4,050,216$2,048,868$14,523,693
78$26,334,003$4,143,719$2,012,547$15,789,448
79$28,911,808$4,238,498$1,971,704$17,179,446
80$31,749,138$4,334,510$1,926,082$18,706,281
81$34,872,358$4,431,709$1,875,413$20,383,833
82$38,310,518$4,530,042$1,819,419$22,227,397
83$42,095,628$4,629,451$1,757,806$24,253,830
84$46,262,958$4,729,870$1,690,269$26,481,709
85$50,851,373$4,831,227$1,616,486$28,931,506
86$55,903,699$4,933,443$1,536,125$31,625,786
87$61,467,125$5,036,430$1,448,833$34,589,412
88$67,593,650$5,140,093$1,354,247$37,849,788
89$74,340,571$5,244,327$1,251,984$41,437,115
90$81,771,029$5,349,019$1,141,645$45,384,675
91$89,954,596$5,454,043$1,022,812$49,729,150
92$98,967,939$5,559,265$895,051$54,510,964
93$108,895,540$5,664,540$757,905$59,774,668
94$119,830,491$5,769,709$610,901$65,569,359
95$131,875,376$5,874,600$453,542$71,949,147
96$145,143,239$5,979,029$285,310$78,973,667
97$159,758,646$6,082,798$105,664$86,708,637
98$175,858,864$6,185,692$0$95,226,486
99$193,595,157$6,287,479$0$104,623,560
100$213,134,210$6,387,913$0$114,994,033