Can I retire at age 49 with 1,790,000?

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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$147,817$146,500$145,215$143,961$142,737$137,291
2 years$73,176$71,814$70,493$69,212$67,970$62,547
3 years$48,300$46,931$45,614$44,345$43,123$37,894
4 years$35,864$34,499$33,195$31,948$30,756$25,760
5 years$28,404$27,048$25,761$24,539$23,380$18,631
6 years$23,433$22,087$20,818$19,624$18,500$14,001
7 years$19,883$18,548$17,300$16,134$15,045$10,795
8 years$17,222$15,899$14,672$13,534$12,482$8,476
9 years$15,153$13,843$12,637$11,528$10,511$6,744
10 years$13,500$12,202$11,017$9,938$8,956$5,421
11 years$12,147$10,863$9,699$8,649$7,703$4,391
12 years$11,021$9,750$8,608$7,586$6,675$3,579
13 years$10,069$8,811$7,691$6,697$5,821$2,931
14 years$9,254$8,009$6,910$5,945$5,102$2,410
15 years$8,548$7,316$6,239$5,302$4,492$1,987
16 years$7,930$6,713$5,656$4,747$3,970$1,643
17 years$7,386$6,182$5,147$4,265$3,520$1,361
18 years$6,903$5,713$4,699$3,844$3,130$1,130
19 years$6,472$5,294$4,301$3,473$2,790$939
20 years$6,084$4,920$3,948$3,146$2,492$781
21 years$5,733$4,583$3,631$2,855$2,230$651
22 years$5,415$4,278$3,347$2,596$1,999$542
23 years$5,125$4,001$3,090$2,364$1,794$452
24 years$4,859$3,748$2,858$2,156$1,613$378
25 years$4,615$3,518$2,647$1,969$1,451$315
26 years$4,390$3,306$2,455$1,801$1,307$263
27 years$4,182$3,111$2,279$1,648$1,179$220
28 years$3,990$2,932$2,119$1,510$1,064$184
29 years$3,810$2,766$1,972$1,385$960$154
30 years$3,644$2,612$1,837$1,271$868$128
31 years$3,488$2,469$1,712$1,167$785$107
32 years$3,342$2,336$1,598$1,073$710$90
33 years$3,206$2,213$1,492$986$642$75
34 years$3,077$2,097$1,394$908$581$63
35 years$2,957$1,989$1,303$835$527$53
36 years$2,843$1,888$1,219$769$477$44
37 years$2,736$1,793$1,141$709$432$37
38 years$2,634$1,704$1,069$653$392$31
39 years$2,538$1,620$1,001$602$356$26
40 years$2,447$1,542$938$556$323$22
41 years$2,361$1,468$880$513$293$18
42 years$2,279$1,398$825$473$265$15
43 years$2,201$1,332$774$437$241$13
44 years$2,127$1,269$727$403$219$11
45 years$2,056$1,210$683$372$199$9
46 years$1,989$1,155$641$344$180$7
47 years$1,924$1,102$602$318$164$6
48 years$1,863$1,052$566$294$149$5
49 years$1,804$1,005$532$271$135$4
50 years$1,748$960$500$251$123$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,790,000, adding $4,771 every year, while hoping to spend $26,493 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: 79/8/13 Blend
48$1,790,000$1,790,000$1,790,000$1,790,000
49$1,977,501$1,882,631$1,854,886$2,128,339
50$2,151,018$1,946,692$1,888,837$2,292,279
51$2,341,346$2,013,003$1,923,036$2,468,213
52$2,550,171$2,081,648$1,957,466$2,660,480
53$2,779,351$2,152,712$1,992,104$2,870,701
54$3,030,934$2,226,284$2,026,928$3,100,663
55$3,307,172$2,302,455$2,061,914$3,352,333
56$3,610,550$2,381,322$2,097,034$3,627,877
57$3,943,803$2,462,983$2,132,262$3,929,682
58$4,309,945$2,547,543$2,167,566$4,260,375
59$4,712,295$2,635,109$2,202,915$4,622,852
60$5,154,511$2,725,791$2,238,275$5,020,301
61$5,640,622$2,819,706$2,273,608$5,456,236
62$6,175,068$2,916,974$2,308,876$5,934,526
63$6,762,738$3,017,719$2,344,037$6,459,433
64$7,409,023$3,122,072$2,379,048$7,035,655
65$8,119,857$3,230,168$2,413,860$7,668,364
66$8,901,783$3,342,147$2,448,425$8,363,260
67$9,762,007$3,458,154$2,482,689$9,126,622
68$10,708,469$3,578,341$2,516,597$9,965,368
69$11,749,919$3,702,866$2,550,088$10,887,121
70$12,895,996$3,831,891$2,583,102$11,900,278
71$14,157,322$3,965,588$2,615,570$13,014,092
72$15,545,600$4,104,133$2,647,422$14,238,757
73$17,073,725$4,247,710$2,678,585$15,585,504
74$18,755,907$4,396,510$2,708,980$17,066,710
75$20,607,803$4,550,732$2,738,524$18,696,011
76$22,646,664$4,710,583$2,767,130$20,488,432
77$24,891,500$4,876,277$2,794,705$22,460,528
78$27,363,258$5,048,040$2,821,152$24,630,541
79$30,085,019$5,226,103$2,846,370$27,018,571
80$33,082,217$5,410,708$2,870,249$29,646,766
81$36,382,878$5,602,108$2,892,678$32,539,531
82$40,017,884$5,800,563$2,913,535$35,723,758
83$44,021,265$6,006,348$2,932,695$39,229,078
84$48,430,520$6,219,745$2,950,027$43,088,144
85$53,286,971$6,441,050$2,965,390$47,336,935
86$58,636,150$6,670,570$2,978,638$52,015,098
87$64,528,234$6,908,624$2,989,619$57,166,322
88$71,018,512$7,155,545$2,998,170$62,838,748
89$78,167,914$7,411,680$3,004,122$69,085,425
90$86,043,578$7,677,390$3,007,298$75,964,811
91$94,719,491$7,953,049$3,007,509$83,541,321
92$104,277,179$8,239,049$3,004,561$91,885,940
93$114,806,485$8,535,796$2,998,248$101,076,888
94$126,406,411$8,843,715$2,988,353$111,200,362
95$139,186,054$9,163,245$2,974,652$122,351,346
96$153,265,635$9,494,848$2,956,907$134,634,510
97$168,777,635$9,839,001$2,934,869$148,165,197
98$185,868,045$10,196,204$2,908,278$163,070,509
99$204,697,743$10,566,974$2,876,862$179,490,510
100$225,444,010$10,951,854$2,840,335$197,579,548