Can I retire at age 49 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$142,862$141,589$140,348$139,136$137,953$133,537
2 years$70,724$69,406$68,130$66,892$65,692$61,283
3 years$46,681$45,358$44,085$42,859$41,678$37,415
4 years$34,662$33,343$32,082$30,877$29,725$25,641
5 years$27,452$26,141$24,897$23,717$22,596$18,702
6 years$22,647$21,346$20,121$18,966$17,880$14,179
7 years$19,217$17,927$16,720$15,593$14,541$11,032
8 years$16,645$15,366$14,180$13,081$12,063$8,745
9 years$14,646$13,379$12,213$11,142$10,159$7,027
10 years$13,047$11,793$10,648$9,604$8,656$5,705
11 years$11,740$10,499$9,374$8,359$7,444$4,670
12 years$10,652$9,423$8,319$7,332$6,451$3,847
13 years$9,732$8,516$7,433$6,473$5,626$3,185
14 years$8,943$7,741$6,678$5,746$4,931$2,648
15 years$8,261$7,071$6,030$5,124$4,342$2,209
16 years$7,665$6,488$5,467$4,588$3,837$1,847
17 years$7,139$5,975$4,975$4,123$3,402$1,549
18 years$6,672$5,521$4,541$3,715$3,025$1,301
19 years$6,255$5,117$4,157$3,357$2,697$1,094
20 years$5,880$4,755$3,815$3,040$2,409$922
21 years$5,541$4,429$3,509$2,759$2,155$777
22 years$5,233$4,134$3,234$2,509$1,932$656
23 years$4,953$3,867$2,986$2,285$1,734$554
24 years$4,696$3,623$2,762$2,084$1,559$468
25 years$4,460$3,400$2,558$1,903$1,403$396
26 years$4,243$3,195$2,372$1,740$1,264$335
27 years$4,042$3,007$2,203$1,593$1,139$284
28 years$3,856$2,834$2,048$1,459$1,028$240
29 years$3,683$2,673$1,906$1,338$928$203
30 years$3,522$2,525$1,775$1,228$839$172
31 years$3,371$2,387$1,655$1,128$758$146
32 years$3,230$2,258$1,544$1,037$686$124
33 years$3,098$2,139$1,442$953$621$105
34 years$2,974$2,027$1,347$877$562$89
35 years$2,858$1,922$1,259$807$509$75
36 years$2,748$1,825$1,178$744$461$64
37 years$2,644$1,733$1,103$685$418$54
38 years$2,546$1,647$1,033$632$379$46
39 years$2,453$1,566$968$582$344$39
40 years$2,365$1,490$907$537$312$33
41 years$2,282$1,418$850$496$283$28
42 years$2,203$1,351$798$457$257$24
43 years$2,127$1,287$748$422$233$20
44 years$2,055$1,227$703$390$211$17
45 years$1,987$1,170$660$360$192$14
46 years$1,922$1,116$620$333$174$12
47 years$1,860$1,065$582$307$158$10
48 years$1,800$1,017$547$284$144$9
49 years$1,743$971$514$262$130$7
50 years$1,689$927$483$242$119$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,730,000, adding $3,202 every year, while hoping to spend $50,214 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: 49/23/28 Blend
48$1,730,000$1,730,000$1,730,000$1,730,000
49$1,909,763$1,818,073$1,791,258$1,988,001
50$2,051,131$1,853,731$1,797,838$2,078,851
51$2,205,237$1,889,454$1,802,955$2,172,284
52$2,373,324$1,925,191$1,806,508$2,272,821
53$2,556,767$1,960,888$1,808,389$2,381,159
54$2,757,073$1,996,488$1,808,486$2,498,068
55$2,975,905$2,031,926$1,806,681$2,624,396
56$3,215,093$2,067,136$1,802,850$2,761,078
57$3,476,651$2,102,044$1,796,864$2,909,147
58$3,762,796$2,136,572$1,788,587$3,069,743
59$4,075,972$2,170,634$1,777,875$3,244,122
60$4,418,867$2,204,141$1,764,579$3,433,672
61$4,794,442$2,236,995$1,748,543$3,639,924
62$5,205,959$2,269,091$1,729,603$3,864,565
63$5,657,008$2,300,318$1,707,586$4,109,458
64$6,151,546$2,330,557$1,682,314$4,376,659
65$6,693,929$2,359,679$1,653,596$4,668,434
66$7,288,955$2,387,549$1,621,237$4,987,285
67$7,941,909$2,414,019$1,585,029$5,335,972
68$8,658,613$2,438,936$1,544,757$5,717,537
69$9,445,480$2,462,132$1,500,195$6,135,338
70$10,309,574$2,483,431$1,451,106$6,593,079
71$11,258,676$2,502,644$1,397,243$7,094,845
72$12,301,358$2,519,571$1,338,348$7,645,141
73$13,447,064$2,533,998$1,274,150$8,248,938
74$14,706,197$2,545,697$1,204,367$8,911,716
75$16,090,220$2,554,426$1,128,704$9,639,521
76$17,611,758$2,559,929$1,046,852$10,439,021
77$19,284,724$2,561,932$958,488$11,317,568
78$21,124,445$2,560,146$863,276$12,283,271
79$23,147,806$2,554,261$760,863$13,345,073
80$25,373,413$2,543,950$650,883$14,512,835
81$27,821,765$2,528,867$532,951$15,797,431
82$30,515,446$2,508,644$406,667$17,210,853
83$33,479,344$2,482,889$271,612$18,766,323
84$36,740,875$2,451,189$127,349$20,478,420
85$40,330,251$2,413,104$0$22,363,221
86$44,280,761$2,368,171$0$24,446,399
87$48,629,083$2,315,895$0$26,780,669
88$53,415,632$2,255,756$0$29,349,640
89$58,684,940$2,187,202$0$32,177,225
90$64,486,076$2,109,647$0$35,289,776
91$70,873,108$2,022,472$0$38,716,341
92$77,905,616$1,925,024$0$42,488,930
93$85,649,249$1,816,610$0$46,642,825
94$94,176,345$1,696,497$0$51,216,911
95$103,566,619$1,563,912$0$56,254,040
96$113,907,904$1,418,034$0$61,801,445
97$125,296,992$1,258,000$0$67,911,180
98$137,840,538$1,082,893$0$74,640,615
99$151,656,067$891,750$0$82,052,975
100$166,873,088$683,547$0$90,217,947