Can I retire at age 49 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$153,597$152,229$150,894$149,591$148,319$146,526
2 years$76,038$74,622$73,250$71,919$70,628$68,824
3 years$50,189$48,766$47,397$46,079$44,809$43,050
4 years$37,266$35,848$34,493$33,197$31,958$30,257
5 years$29,515$28,106$26,768$25,499$24,294$22,656
6 years$24,349$22,950$21,633$20,392$19,223$17,650
7 years$20,661$19,274$17,977$16,765$15,634$14,126
8 years$17,896$16,521$15,246$14,064$12,970$11,528
9 years$15,746$14,385$13,131$11,979$10,922$9,545
10 years$14,027$12,679$11,448$10,326$9,306$7,994
11 years$12,622$11,288$10,079$8,987$8,004$6,754
12 years$11,452$10,131$8,945$7,883$6,936$5,748
13 years$10,463$9,156$7,991$6,959$6,048$4,920
14 years$9,615$8,322$7,180$6,178$5,302$4,232
15 years$8,882$7,602$6,483$5,509$4,668$3,655
16 years$8,241$6,975$5,878$4,933$4,126$3,167
17 years$7,675$6,424$5,348$4,432$3,658$2,753
18 years$7,173$5,936$4,882$3,994$3,253$2,398
19 years$6,725$5,501$4,470$3,609$2,899$2,094
20 years$6,322$5,112$4,102$3,269$2,590$1,831
21 years$5,957$4,762$3,773$2,967$2,317$1,604
22 years$5,626$4,445$3,477$2,697$2,077$1,407
23 years$5,325$4,157$3,211$2,457$1,865$1,236
24 years$5,049$3,895$2,969$2,241$1,676$1,087
25 years$4,795$3,655$2,750$2,046$1,508$956
26 years$4,562$3,435$2,551$1,871$1,358$842
27 years$4,346$3,233$2,369$1,713$1,225$742
28 years$4,146$3,047$2,202$1,569$1,105$654
29 years$3,959$2,874$2,049$1,439$998$577
30 years$3,786$2,714$1,909$1,321$902$510
31 years$3,624$2,566$1,779$1,213$815$450
32 years$3,473$2,428$1,660$1,115$737$398
33 years$3,331$2,299$1,550$1,025$667$351
34 years$3,198$2,179$1,448$943$604$310
35 years$3,072$2,067$1,354$868$547$274
36 years$2,954$1,962$1,267$800$496$243
37 years$2,843$1,863$1,186$737$449$215
38 years$2,737$1,771$1,110$679$407$190
39 years$2,637$1,684$1,040$626$369$168
40 years$2,543$1,602$975$577$335$149
41 years$2,453$1,525$914$533$304$132
42 years$2,368$1,452$858$492$276$116
43 years$2,287$1,384$805$454$250$103
44 years$2,210$1,319$755$419$227$91
45 years$2,136$1,258$709$387$206$81
46 years$2,066$1,200$666$358$187$71
47 years$2,000$1,145$626$330$170$63
48 years$1,936$1,093$588$305$154$56
49 years$1,874$1,044$553$282$140$50
50 years$1,816$997$520$261$127$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,860,000, adding $3,223 every year, while hoping to spend $40,784 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: 44/26/30 Blend
48$1,860,000$1,860,000$1,860,000$1,860,000
49$2,053,045$1,954,465$1,925,635$2,125,359
50$2,219,061$2,006,839$1,946,749$2,229,850
51$2,400,645$2,060,414$1,967,205$2,338,943
52$2,599,340$2,115,203$1,986,935$2,456,442
53$2,816,847$2,171,223$2,005,873$2,583,156
54$3,055,040$2,228,488$2,023,944$2,719,974
55$3,315,982$2,287,011$2,041,073$2,867,876
56$3,601,943$2,346,806$2,057,180$3,027,944
57$3,915,426$2,407,884$2,072,181$3,201,366
58$4,259,185$2,470,256$2,085,985$3,389,454
59$4,636,257$2,533,933$2,098,500$3,593,655
60$5,049,982$2,598,923$2,109,627$3,815,560
61$5,504,044$2,665,234$2,119,263$4,056,925
62$6,002,497$2,732,871$2,127,299$4,319,684
63$6,549,810$2,801,840$2,133,621$4,605,969
64$7,150,902$2,872,142$2,138,109$4,918,131
65$7,811,196$2,943,778$2,140,638$5,258,759
66$8,536,663$3,016,749$2,141,074$5,630,709
67$9,333,883$3,091,049$2,139,280$6,037,125
68$10,210,103$3,166,675$2,135,111$6,481,477
69$11,173,309$3,243,617$2,128,412$6,967,586
70$12,232,298$3,321,866$2,119,025$7,499,666
71$13,396,762$3,401,407$2,106,782$8,082,361
72$14,677,379$3,482,224$2,091,507$8,720,791
73$16,085,915$3,564,296$2,073,016$9,420,596
74$17,635,332$3,647,601$2,051,116$10,187,996
75$19,339,913$3,732,110$2,025,605$11,029,847
76$21,215,392$3,817,791$1,996,271$11,953,705
77$23,279,109$3,904,610$1,962,893$12,967,897
78$25,550,168$3,992,525$1,925,239$14,081,605
79$28,049,616$4,081,490$1,883,066$15,304,947
80$30,800,649$4,171,455$1,836,120$16,649,076
81$33,828,820$4,262,362$1,784,136$18,126,286
82$37,162,290$4,354,148$1,726,835$19,750,129
83$40,832,087$4,446,744$1,663,927$21,535,539
84$44,872,399$4,540,073$1,595,107$23,498,980
85$49,320,899$4,634,052$1,520,059$25,658,598
86$54,219,098$4,728,589$1,438,449$28,034,391
87$59,612,740$4,823,583$1,349,930$30,648,406
88$65,552,226$4,918,926$1,254,140$33,524,940
89$72,093,098$5,014,498$1,150,699$36,690,773
90$79,296,558$5,110,172$1,039,210$40,175,423
91$87,230,044$5,205,807$919,261$44,011,425
92$95,967,870$5,301,254$790,418$48,234,637
93$105,591,927$5,396,349$652,231$52,884,581
94$116,192,450$5,490,917$504,227$58,004,817
95$127,868,876$5,584,768$345,915$63,643,357
96$140,730,778$5,677,698$176,780$69,853,115
97$154,898,902$5,769,490$0$76,692,414
98$170,506,302$5,859,907$0$84,226,720
99$187,699,600$5,948,698$0$92,586,155
100$206,640,367$6,035,592$0$101,792,339