Can I retire at age 49 with 1,750,000?

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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$144,513$143,226$141,970$140,744$139,547$136,898
2 years$71,541$70,209$68,918$67,666$66,451$63,792
3 years$47,220$45,882$44,594$43,354$42,159$39,574
4 years$35,062$33,728$32,453$31,234$30,068$27,576
5 years$27,769$26,443$25,185$23,991$22,858$20,466
6 years$22,909$21,593$20,353$19,186$18,086$15,798
7 years$19,439$18,134$16,914$15,774$14,709$12,524
8 years$16,837$15,544$14,344$13,232$12,203$10,120
9 years$14,815$13,534$12,355$11,271$10,276$8,296
10 years$13,198$11,929$10,771$9,716$8,756$6,875
11 years$11,876$10,620$9,483$8,455$7,530$5,748
12 years$10,775$9,532$8,416$7,417$6,526$4,838
13 years$9,844$8,614$7,519$6,548$5,691$4,095
14 years$9,047$7,830$6,756$5,812$4,988$3,483
15 years$8,357$7,153$6,099$5,184$4,392$2,973
16 years$7,753$6,563$5,530$4,641$3,882$2,546
17 years$7,221$6,044$5,032$4,170$3,442$2,186
18 years$6,749$5,585$4,594$3,758$3,060$1,881
19 years$6,327$5,176$4,205$3,396$2,728$1,622
20 years$5,948$4,810$3,859$3,076$2,436$1,401
21 years$5,605$4,480$3,550$2,791$2,180$1,212
22 years$5,294$4,182$3,272$2,538$1,954$1,049
23 years$5,010$3,911$3,021$2,311$1,754$910
24 years$4,750$3,665$2,794$2,108$1,577$789
25 years$4,512$3,439$2,588$1,925$1,419$685
26 years$4,292$3,232$2,400$1,760$1,278$595
27 years$4,089$3,042$2,229$1,611$1,152$517
28 years$3,900$2,866$2,072$1,476$1,040$450
29 years$3,725$2,704$1,928$1,354$939$392
30 years$3,562$2,554$1,796$1,242$848$341
31 years$3,410$2,414$1,674$1,141$767$297
32 years$3,268$2,284$1,562$1,049$694$258
33 years$3,134$2,163$1,458$964$628$225
34 years$3,009$2,050$1,363$887$568$196
35 years$2,891$1,945$1,274$817$515$171
36 years$2,779$1,846$1,192$752$467$149
37 years$2,674$1,753$1,116$693$423$130
38 years$2,575$1,666$1,045$639$383$113
39 years$2,481$1,584$979$589$348$99
40 years$2,393$1,507$917$543$315$86
41 years$2,308$1,435$860$501$286$75
42 years$2,228$1,366$807$463$260$66
43 years$2,152$1,302$757$427$236$57
44 years$2,079$1,241$711$394$214$50
45 years$2,010$1,183$667$364$194$43
46 years$1,944$1,129$627$336$176$38
47 years$1,881$1,077$589$311$160$33
48 years$1,821$1,028$553$287$145$29
49 years$1,764$982$520$265$132$25
50 years$1,709$938$489$245$120$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,750,000, adding $5,214 every year, while hoping to spend $20,861 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: 55/17/28 Blend
48$1,750,000$1,750,000$1,750,000$1,750,000
49$1,933,878$1,841,128$1,814,003$2,024,991
50$2,108,938$1,909,148$1,852,576$2,156,422
51$2,301,154$1,979,801$1,891,743$2,296,910
52$2,512,256$2,053,195$1,931,500$2,449,505
53$2,744,146$2,129,441$1,971,845$2,615,380
54$2,998,921$2,208,656$2,012,774$2,795,827
55$3,278,892$2,290,961$2,054,283$2,992,265
56$3,586,603$2,376,483$2,096,366$3,206,258
57$3,924,859$2,465,353$2,139,016$3,439,527
58$4,296,748$2,557,708$2,182,227$3,693,968
59$4,705,674$2,653,694$2,225,989$3,971,665
60$5,155,386$2,753,458$2,270,293$4,274,915
61$5,650,015$2,857,157$2,315,127$4,606,247
62$6,194,113$2,964,954$2,360,481$4,968,445
63$6,792,695$3,077,019$2,406,339$5,364,575
64$7,451,286$3,193,529$2,452,687$5,798,014
65$8,175,973$3,314,668$2,499,508$6,272,478
66$8,973,465$3,440,629$2,546,785$6,792,064
67$9,851,153$3,571,615$2,594,496$7,361,281
68$10,817,181$3,707,834$2,642,622$7,985,096
69$11,880,521$3,849,506$2,691,138$8,668,981
70$13,051,062$3,996,859$2,740,019$9,418,962
71$14,339,698$4,150,133$2,789,237$10,241,676
72$15,758,434$4,309,576$2,838,763$11,144,436
73$17,320,498$4,475,449$2,888,565$12,135,297
74$19,040,465$4,648,023$2,938,609$13,223,131
75$20,934,397$4,827,580$2,988,857$14,417,713
76$23,019,992$5,014,418$3,039,270$15,729,812
77$25,316,752$5,208,845$3,089,806$17,171,290
78$27,846,166$5,411,184$3,140,420$18,755,217
79$30,631,914$5,621,771$3,191,063$20,495,991
80$33,700,090$5,840,959$3,241,684$22,409,475
81$37,079,447$6,069,113$3,292,228$24,513,148
82$40,801,670$6,306,619$3,342,637$26,826,263
83$44,901,673$6,553,876$3,392,848$29,370,038
84$49,417,930$6,811,303$3,442,796$32,167,846
85$54,392,839$7,079,337$3,492,409$35,245,442
86$59,873,119$7,358,434$3,541,615$38,631,203
87$65,910,252$7,649,072$3,590,334$42,356,395
88$72,560,969$7,951,749$3,638,482$46,455,466
89$79,887,788$8,266,984$3,685,971$50,966,377
90$87,959,599$8,595,323$3,732,707$55,930,952
91$96,852,317$8,937,332$3,778,592$61,395,275
92$106,649,598$9,293,607$3,823,520$67,410,127
93$117,443,630$9,664,767$3,867,381$74,031,462
94$129,336,001$10,051,460$3,910,058$81,320,932
95$142,438,656$10,454,365$3,951,428$89,346,475
96$156,874,959$10,874,189$3,991,361$98,182,950
97$172,780,854$11,311,673$4,029,721$107,912,844
98$190,306,146$11,767,590$4,066,361$118,627,052
99$209,615,919$12,242,749$4,101,131$130,425,732
100$230,892,094$12,737,994$4,133,870$143,419,248