Can I retire at age 49 with 1,840,000?

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 $1,840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$151,945$150,592$149,272$147,983$146,724$144,353
2 years$75,221$73,820$72,462$71,146$69,869$67,486
3 years$49,649$48,242$46,888$45,584$44,328$42,008
4 years$36,866$35,463$34,122$32,840$31,615$29,376
5 years$29,198$27,803$26,480$25,225$24,033$21,882
6 years$24,087$22,704$21,400$20,172$19,017$16,955
7 years$20,438$19,066$17,783$16,585$15,466$13,494
8 years$17,703$16,343$15,082$13,913$12,830$10,949
9 years$15,577$14,230$12,990$11,850$10,805$9,012
10 years$13,877$12,543$11,325$10,215$9,206$7,501
11 years$12,487$11,166$9,970$8,890$7,918$6,299
12 years$11,329$10,022$8,848$7,798$6,861$5,326
13 years$10,350$9,057$7,905$6,884$5,983$4,529
14 years$9,512$8,233$7,103$6,111$5,245$3,870
15 years$8,786$7,521$6,413$5,450$4,618$3,320
16 years$8,152$6,900$5,814$4,880$4,081$2,857
17 years$7,593$6,355$5,291$4,385$3,619$2,465
18 years$7,096$5,872$4,830$3,951$3,218$2,132
19 years$6,652$5,442$4,422$3,570$2,868$1,848
20 years$6,254$5,057$4,058$3,234$2,562$1,605
21 years$5,893$4,711$3,732$2,935$2,292$1,395
22 years$5,566$4,397$3,440$2,668$2,055$1,215
23 years$5,268$4,113$3,176$2,430$1,845$1,059
24 years$4,995$3,853$2,938$2,216$1,658$923
25 years$4,744$3,616$2,721$2,024$1,492$806
26 years$4,513$3,398$2,523$1,851$1,344$704
27 years$4,299$3,198$2,343$1,694$1,212$616
28 years$4,101$3,014$2,178$1,552$1,093$539
29 years$3,917$2,843$2,027$1,423$987$471
30 years$3,745$2,685$1,888$1,306$892$413
31 years$3,585$2,538$1,760$1,200$806$361
32 years$3,436$2,402$1,642$1,103$729$317
33 years$3,295$2,274$1,533$1,014$660$277
34 years$3,163$2,156$1,433$933$598$243
35 years$3,039$2,045$1,340$859$541$213
36 years$2,922$1,941$1,253$791$491$187
37 years$2,812$1,843$1,173$729$445$164
38 years$2,708$1,752$1,098$672$403$144
39 years$2,609$1,666$1,029$619$365$126
40 years$2,516$1,585$965$571$332$111
41 years$2,427$1,509$904$527$301$97
42 years$2,343$1,437$848$486$273$85
43 years$2,262$1,369$796$449$248$75
44 years$2,186$1,305$747$415$225$66
45 years$2,114$1,244$702$383$204$58
46 years$2,044$1,187$659$354$185$51
47 years$1,978$1,133$619$327$168$44
48 years$1,915$1,081$582$302$153$39
49 years$1,854$1,033$547$279$139$34
50 years$1,796$986$514$258$126$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,840,000, adding $2,527 every year, while hoping to spend $35,685 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: 47/44/9 Blend
48$1,840,000$1,840,000$1,840,000$1,840,000
49$2,030,287$1,932,767$1,904,247$2,120,589
50$2,199,407$1,989,504$1,930,070$2,239,715
51$2,384,582$2,047,825$1,955,563$2,365,001
52$2,587,411$2,107,770$1,980,676$2,500,148
53$2,809,657$2,169,380$2,005,358$2,646,083
54$3,053,258$2,232,696$2,029,554$2,803,824
55$3,320,353$2,297,761$2,053,207$2,974,492
56$3,613,295$2,364,617$2,076,255$3,159,322
57$3,934,676$2,433,308$2,098,635$3,359,670
58$4,287,353$2,503,880$2,120,279$3,577,029
59$4,674,469$2,576,377$2,141,114$3,813,042
60$5,099,490$2,650,844$2,161,067$4,069,520
61$5,566,233$2,727,330$2,180,058$4,348,452
62$6,078,901$2,805,882$2,198,002$4,652,031
63$6,642,126$2,886,547$2,214,812$4,982,669
64$7,261,010$2,969,375$2,230,395$5,343,023
65$7,941,174$3,054,415$2,244,654$5,736,018
66$8,688,810$3,141,718$2,257,486$6,164,876
67$9,510,740$3,231,334$2,268,784$6,633,143
68$10,414,481$3,323,314$2,278,434$7,144,726
69$11,408,314$3,417,712$2,286,317$7,703,926
70$12,501,361$3,514,579$2,292,307$8,315,483
71$13,703,675$3,613,969$2,296,275$8,984,614
72$15,026,331$3,715,935$2,298,082$9,717,068
73$16,481,532$3,820,531$2,297,583$10,519,178
74$18,082,723$3,927,812$2,294,626$11,397,917
75$19,844,718$4,037,831$2,289,053$12,360,969
76$21,783,839$4,150,645$2,280,696$13,416,799
77$23,918,071$4,266,307$2,269,380$14,574,730
78$26,267,232$4,384,874$2,254,923$15,845,036
79$28,853,158$4,506,401$2,237,130$17,239,034
80$31,699,908$4,630,942$2,215,802$18,769,192
81$34,833,993$4,758,554$2,190,726$20,449,248
82$38,284,628$4,889,290$2,161,683$22,294,338
83$42,084,000$5,023,205$2,128,440$24,321,136
84$46,267,580$5,160,355$2,090,754$26,548,019
85$50,874,453$5,300,791$2,048,374$28,995,229
86$55,947,684$5,444,568$2,001,032$31,685,073
87$61,534,733$5,591,736$1,948,452$34,642,131
88$67,687,893$5,742,349$1,890,342$37,893,483
89$74,464,789$5,896,454$1,826,399$41,468,972
90$81,928,919$6,054,102$1,756,305$45,401,478
91$90,150,255$6,215,339$1,679,727$49,727,234
92$99,205,901$6,380,212$1,596,319$54,486,166
93$109,180,824$6,548,763$1,505,716$59,722,265
94$120,168,651$6,721,035$1,407,540$65,484,011
95$132,272,554$6,897,066$1,301,394$71,824,822
96$145,606,226$7,076,894$1,186,862$78,803,563
97$160,294,952$7,260,553$1,063,513$86,485,099
98$176,476,791$7,448,073$930,894$94,940,909
99$194,303,876$7,639,482$788,532$104,249,759
100$213,943,858$7,834,803$635,934$114,498,446