Can I retire at age 49 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$146,991$145,681$144,404$143,157$141,940$136,362
2 years$72,768$71,412$70,099$68,826$67,590$62,039
3 years$48,030$46,669$45,359$44,097$42,882$37,532
4 years$35,663$34,307$33,010$31,770$30,584$25,476
5 years$28,246$26,897$25,617$24,402$23,249$18,396
6 years$23,302$21,963$20,702$19,515$18,396$13,802
7 years$19,772$18,445$17,204$16,044$14,961$10,623
8 years$17,126$15,810$14,590$13,459$12,412$8,326
9 years$15,069$13,766$12,566$11,464$10,453$6,613
10 years$13,424$12,134$10,956$9,882$8,906$5,305
11 years$12,079$10,802$9,645$8,600$7,660$4,289
12 years$10,960$9,695$8,560$7,544$6,638$3,489
13 years$10,013$8,762$7,648$6,660$5,788$2,851
14 years$9,202$7,964$6,871$5,912$5,074$2,339
15 years$8,500$7,275$6,204$5,272$4,467$1,925
16 years$7,886$6,675$5,625$4,721$3,948$1,588
17 years$7,345$6,148$5,118$4,242$3,501$1,313
18 years$6,865$5,681$4,672$3,823$3,113$1,087
19 years$6,436$5,265$4,277$3,454$2,774$901
20 years$6,050$4,892$3,926$3,128$2,478$748
21 years$5,701$4,557$3,611$2,839$2,218$622
22 years$5,384$4,254$3,328$2,581$1,988$517
23 years$5,096$3,978$3,073$2,351$1,784$430
24 years$4,832$3,728$2,842$2,144$1,604$358
25 years$4,589$3,498$2,632$1,958$1,443$298
26 years$4,366$3,288$2,441$1,790$1,300$249
27 years$4,159$3,094$2,267$1,639$1,172$207
28 years$3,967$2,916$2,107$1,502$1,058$173
29 years$3,789$2,750$1,961$1,377$955$144
30 years$3,623$2,598$1,827$1,264$863$120
31 years$3,468$2,456$1,703$1,161$780$100
32 years$3,324$2,323$1,589$1,067$706$84
33 years$3,188$2,200$1,483$981$639$70
34 years$3,060$2,085$1,386$902$578$58
35 years$2,940$1,978$1,296$831$524$49
36 years$2,827$1,877$1,212$765$475$41
37 years$2,720$1,783$1,135$705$430$34
38 years$2,619$1,695$1,063$650$390$28
39 years$2,524$1,611$995$599$354$24
40 years$2,434$1,533$933$553$321$20
41 years$2,348$1,459$875$510$291$16
42 years$2,266$1,390$821$471$264$14
43 years$2,189$1,324$770$434$240$11
44 years$2,115$1,262$723$401$217$10
45 years$2,045$1,204$679$370$197$8
46 years$1,978$1,148$638$342$179$7
47 years$1,914$1,096$599$316$163$6
48 years$1,852$1,046$563$292$148$5
49 years$1,794$999$529$270$134$4
50 years$1,738$954$497$250$122$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,780,000, adding $2,391 every year, while hoping to spend $52,281 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: 46/27/27 Blend
48$1,780,000$1,780,000$1,780,000$1,780,000
49$1,964,026$1,869,686$1,842,096$2,039,013
50$2,108,730$1,905,674$1,848,180$2,128,276
51$2,266,442$1,941,674$1,852,715$2,219,806
52$2,438,433$1,977,629$1,855,595$2,318,104
53$2,626,103$2,013,483$1,856,707$2,423,832
54$2,830,991$2,049,170$1,855,933$2,537,719
55$3,054,795$2,084,621$1,853,149$2,660,571
56$3,299,381$2,119,764$1,848,226$2,793,277
57$3,566,803$2,154,519$1,841,027$2,936,820
58$3,859,326$2,188,799$1,831,411$3,092,282
59$4,179,440$2,222,513$1,819,226$3,260,858
60$4,529,890$2,255,563$1,804,317$3,443,869
61$4,913,696$2,287,843$1,786,519$3,642,769
62$5,334,185$2,319,240$1,765,660$3,859,167
63$5,795,023$2,349,633$1,741,559$4,094,833
64$6,300,243$2,378,893$1,714,030$4,351,726
65$6,854,291$2,406,882$1,682,873$4,632,004
66$7,462,061$2,433,452$1,647,882$4,938,050
67$8,128,946$2,458,445$1,608,841$5,272,491
68$8,860,885$2,481,695$1,565,523$5,638,228
69$9,664,419$2,503,022$1,517,692$6,038,461
70$10,546,755$2,522,235$1,465,100$6,476,720
71$11,515,831$2,539,132$1,407,487$6,956,898
72$12,580,392$2,553,495$1,344,584$7,483,293
73$13,750,071$2,565,096$1,276,107$8,060,645
74$15,035,482$2,573,689$1,201,760$8,694,180
75$16,448,316$2,579,015$1,121,234$9,389,667
76$18,001,454$2,580,797$1,034,206$10,153,467
77$19,709,088$2,578,742$940,337$10,992,597
78$21,586,853$2,572,538$839,276$11,914,796
79$23,651,973$2,561,854$730,654$12,928,599
80$25,923,429$2,546,339$614,085$14,043,421
81$28,422,130$2,525,621$489,168$15,269,645
82$31,171,116$2,499,305$355,484$16,618,721
83$34,195,772$2,466,973$212,594$18,103,276
84$37,524,066$2,428,179$60,041$19,737,236
85$41,186,816$2,382,456$0$21,535,956
86$45,217,978$2,329,303$0$23,545,974
87$49,654,968$2,268,195$0$25,776,742
88$54,539,010$2,198,572$0$28,231,683
89$59,915,530$2,119,843$0$30,933,656
90$65,834,582$2,031,384$0$33,907,854
91$72,351,319$1,932,531$0$37,182,049
92$79,526,514$1,822,585$0$40,786,848
93$87,427,133$1,700,806$0$44,755,985
94$96,126,965$1,566,410$0$49,126,644
95$105,707,321$1,418,571$0$53,939,806
96$116,257,800$1,256,412$0$59,240,642
97$127,877,129$1,079,010$0$65,078,935
98$140,674,103$885,388$0$71,509,558
99$154,768,603$674,514$0$78,592,987
100$170,292,734$445,298$0$86,395,878