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

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$157,726$156,321$154,950$153,612$152,306$151,410
2 years$78,082$76,628$75,219$73,852$72,527$71,622
3 years$51,538$50,077$48,671$47,318$46,014$45,130
4 years$38,268$36,812$35,420$34,090$32,818$31,960
5 years$30,308$28,861$27,488$26,184$24,947$24,119
6 years$25,004$23,567$22,214$20,940$19,740$18,942
7 years$21,216$19,792$18,460$17,216$16,054$15,287
8 years$18,377$16,965$15,656$14,442$13,318$12,582
9 years$16,169$14,771$13,484$12,301$11,216$10,511
10 years$14,405$13,020$11,756$10,604$9,557$8,882
11 years$12,962$11,591$10,350$9,228$8,219$7,574
12 years$11,760$10,404$9,185$8,095$7,122$6,507
13 years$10,744$9,402$8,206$7,146$6,211$5,624
14 years$9,874$8,546$7,373$6,344$5,444$4,885
15 years$9,121$7,807$6,657$5,657$4,794$4,262
16 years$8,462$7,163$6,036$5,066$4,237$3,732
17 years$7,882$6,597$5,492$4,551$3,756$3,277
18 years$7,366$6,095$5,014$4,102$3,340$2,886
19 years$6,906$5,649$4,590$3,706$2,977$2,547
20 years$6,491$5,250$4,212$3,357$2,659$2,252
21 years$6,117$4,890$3,874$3,046$2,380$1,995
22 years$5,778$4,564$3,571$2,770$2,133$1,770
23 years$5,468$4,269$3,297$2,523$1,915$1,572
24 years$5,185$4,000$3,049$2,301$1,721$1,398
25 years$4,924$3,754$2,824$2,101$1,549$1,245
26 years$4,684$3,528$2,619$1,921$1,395$1,109
27 years$4,463$3,320$2,432$1,759$1,258$989
28 years$4,257$3,128$2,261$1,611$1,135$883
29 years$4,066$2,951$2,104$1,478$1,025$788
30 years$3,888$2,787$1,960$1,356$926$704
31 years$3,722$2,635$1,827$1,245$837$630
32 years$3,566$2,493$1,705$1,145$757$563
33 years$3,421$2,361$1,592$1,052$685$504
34 years$3,284$2,238$1,487$968$620$451
35 years$3,155$2,122$1,391$891$562$404
36 years$3,034$2,014$1,301$821$509$362
37 years$2,919$1,913$1,218$756$461$324
38 years$2,811$1,818$1,140$697$418$290
39 years$2,708$1,729$1,068$643$379$260
40 years$2,611$1,645$1,001$593$344$233
41 years$2,519$1,566$939$547$312$209
42 years$2,432$1,491$881$505$283$187
43 years$2,349$1,421$826$466$257$168
44 years$2,269$1,354$776$430$233$151
45 years$2,194$1,292$728$397$212$135
46 years$2,122$1,232$684$367$192$121
47 years$2,053$1,176$643$339$175$109
48 years$1,988$1,122$604$313$159$98
49 years$1,925$1,072$568$290$144$87
50 years$1,865$1,024$534$268$131$78

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 $5,449 every year, while hoping to spend $57,215 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: 71/20/9 Blend
48$1,910,000$1,910,000$1,910,000$1,910,000
49$2,110,441$2,009,211$1,979,606$2,256,437
50$2,264,829$2,046,786$1,985,046$2,391,291
51$2,433,048$2,084,284$1,988,751$2,531,284
52$2,616,447$2,121,642$1,990,602$2,682,958
53$2,816,512$2,158,790$1,990,475$2,847,449
54$3,034,880$2,195,654$1,988,240$3,026,009
55$3,273,350$2,232,154$1,983,758$3,220,018
56$3,533,904$2,268,202$1,976,887$3,430,996
57$3,818,726$2,303,707$1,967,476$3,660,617
58$4,130,217$2,338,570$1,955,367$3,910,724
59$4,471,022$2,372,683$1,940,395$4,183,351
60$4,844,054$2,405,932$1,922,386$4,480,735
61$5,252,521$2,438,196$1,901,159$4,805,345
62$5,699,954$2,469,344$1,876,524$5,159,899
63$6,190,243$2,499,235$1,848,281$5,547,392
64$6,727,671$2,527,721$1,816,222$5,971,126
65$7,316,957$2,554,643$1,780,129$6,434,739
66$7,963,297$2,579,831$1,739,774$6,942,239
67$8,672,414$2,603,103$1,694,917$7,498,045
68$9,450,611$2,624,267$1,645,308$8,107,025
69$10,304,834$2,643,116$1,590,686$8,774,545
70$11,242,731$2,659,432$1,530,777$9,506,520
71$12,272,727$2,672,982$1,465,296$10,309,466
72$13,404,105$2,683,518$1,393,943$11,190,565
73$14,647,090$2,690,777$1,316,406$12,157,735
74$16,012,945$2,694,477$1,232,359$13,219,700
75$17,514,082$2,694,323$1,141,459$14,386,076
76$19,164,170$2,689,996$1,043,350$15,667,460
77$20,978,273$2,681,163$937,659$17,075,532
78$22,972,983$2,667,467$823,997$18,623,166
79$25,166,585$2,648,530$701,958$20,324,548
80$27,579,220$2,623,952$571,117$22,195,317
81$30,233,081$2,593,306$431,031$24,252,706
82$33,152,621$2,556,144$281,236$26,515,711
83$36,364,781$2,511,988$121,250$29,005,264
84$39,899,245$2,460,331$0$31,744,441
85$43,788,719$2,400,639$0$34,763,421
86$48,069,242$2,332,344$0$38,098,216
87$52,780,522$2,254,846$0$41,768,111
88$57,966,311$2,167,509$0$45,807,206
89$63,674,819$2,069,661$0$50,253,080
90$69,959,168$1,960,592$0$55,147,146
91$76,877,889$1,839,547$0$60,535,046
92$84,495,481$1,705,732$0$66,467,075
93$92,883,013$1,558,306$0$72,998,663
94$102,118,797$1,396,379$0$80,190,895
95$112,289,124$1,219,012$0$88,111,093
96$123,489,083$1,025,211$0$96,833,445
97$135,823,451$813,928$0$106,439,712
98$149,407,686$584,054$0$117,019,998
99$164,369,017$334,420$0$128,673,603
100$180,847,638$63,788$0$141,509,959