Can I retire at age 49 with 1,880,000?

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 $1,880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$155,249$153,866$152,517$151,200$149,914$146,767
2 years$76,856$75,424$74,037$72,692$71,388$68,232
3 years$50,728$49,291$47,907$46,575$45,291$42,225
4 years$37,667$36,234$34,864$33,554$32,302$29,350
5 years$29,832$28,408$27,056$25,773$24,556$21,725
6 years$24,611$23,197$21,865$20,611$19,430$16,724
7 years$20,883$19,481$18,170$16,945$15,802$13,221
8 years$18,088$16,699$15,410$14,215$13,109$10,653
9 years$15,915$14,539$13,272$12,108$11,040$8,706
10 years$14,178$12,816$11,571$10,437$9,406$7,193
11 years$12,758$11,409$10,187$9,084$8,090$5,994
12 years$11,575$10,240$9,041$7,967$7,010$5,030
13 years$10,575$9,254$8,077$7,034$6,113$4,243
14 years$9,719$8,412$7,257$6,244$5,359$3,596
15 years$8,977$7,684$6,553$5,569$4,718$3,059
16 years$8,329$7,050$5,941$4,986$4,170$2,611
17 years$7,758$6,493$5,406$4,480$3,697$2,234
18 years$7,250$6,000$4,935$4,037$3,288$1,915
19 years$6,797$5,560$4,518$3,648$2,930$1,645
20 years$6,390$5,167$4,146$3,304$2,617$1,416
21 years$6,021$4,813$3,814$2,999$2,342$1,220
22 years$5,687$4,493$3,515$2,726$2,100$1,052
23 years$5,382$4,202$3,245$2,483$1,885$908
24 years$5,103$3,937$3,001$2,265$1,694$785
25 years$4,847$3,695$2,780$2,068$1,524$679
26 years$4,611$3,472$2,578$1,891$1,373$588
27 years$4,392$3,268$2,394$1,731$1,238$509
28 years$4,190$3,079$2,226$1,586$1,117$441
29 years$4,002$2,905$2,071$1,454$1,009$382
30 years$3,827$2,743$1,929$1,335$911$331
31 years$3,663$2,593$1,799$1,226$824$287
32 years$3,510$2,454$1,678$1,127$745$249
33 years$3,367$2,324$1,567$1,036$675$216
34 years$3,232$2,203$1,464$953$611$187
35 years$3,105$2,089$1,369$877$553$163
36 years$2,986$1,983$1,280$808$501$141
37 years$2,873$1,883$1,198$745$454$123
38 years$2,767$1,790$1,122$686$412$106
39 years$2,666$1,702$1,051$633$373$92
40 years$2,570$1,619$985$584$339$80
41 years$2,480$1,541$924$538$307$70
42 years$2,394$1,468$867$497$279$60
43 years$2,312$1,399$813$459$253$53
44 years$2,234$1,333$764$424$230$46
45 years$2,159$1,271$717$391$209$40
46 years$2,089$1,213$673$361$189$34
47 years$2,021$1,157$633$334$172$30
48 years$1,956$1,105$594$308$156$26
49 years$1,895$1,055$559$285$142$23
50 years$1,836$1,008$525$264$129$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,880,000, adding $4,761 every year, while hoping to spend $55,146 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: 73/9/18 Blend
48$1,880,000$1,880,000$1,880,000$1,880,000
49$2,076,671$1,977,031$1,947,891$2,219,199
50$2,229,816$2,015,231$1,954,470$2,352,628
51$2,396,735$2,053,454$1,959,422$2,491,593
52$2,578,772$2,091,643$1,962,633$2,642,400
53$2,777,410$2,129,738$1,963,985$2,806,211
54$2,994,282$2,167,670$1,963,354$2,984,312
55$3,231,181$2,205,369$1,960,609$3,178,114
56$3,490,086$2,242,757$1,955,614$3,389,177
57$3,773,174$2,279,750$1,948,226$3,619,216
58$4,082,839$2,316,260$1,938,293$3,870,124
59$4,421,722$2,352,190$1,925,659$4,143,985
60$4,792,728$2,387,437$1,910,159$4,443,095
61$5,199,056$2,421,891$1,891,619$4,769,988
62$5,644,229$2,455,434$1,869,858$5,127,451
63$6,132,129$2,487,938$1,844,686$5,518,561
64$6,667,028$2,519,269$1,815,905$5,946,705
65$7,253,634$2,549,282$1,783,307$6,415,617
66$7,897,131$2,577,823$1,746,674$6,929,414
67$8,603,228$2,604,727$1,705,778$7,492,631
68$9,378,216$2,629,817$1,660,380$8,110,267
69$10,229,023$2,652,907$1,610,231$8,787,832
70$11,163,280$2,673,796$1,555,071$9,531,398
71$12,189,395$2,692,272$1,494,626$10,347,658
72$13,316,628$2,708,109$1,428,611$11,243,987
73$14,555,183$2,721,064$1,356,728$12,228,516
74$15,916,298$2,730,883$1,278,665$13,310,204
75$17,412,356$2,737,292$1,194,096$14,498,926
76$19,056,999$2,740,002$1,102,681$15,805,566
77$20,865,256$2,738,706$1,004,064$17,242,120
78$22,853,685$2,733,075$897,873$18,821,808
79$25,040,530$2,722,764$783,721$20,559,202
80$27,445,889$2,707,405$661,200$22,470,360
81$30,091,908$2,686,607$529,889$24,572,983
82$33,002,988$2,659,955$389,345$26,886,579
83$36,206,011$2,627,011$239,107$29,432,647
84$39,730,599$2,587,310$78,692$32,234,884
85$43,609,390$2,540,358$0$35,319,405
86$47,878,345$2,485,633$0$38,732,759
87$52,577,089$2,422,581$0$42,506,187
88$57,749,281$2,350,617$0$46,659,626
89$63,443,031$2,269,121$0$51,231,719
90$69,711,349$2,177,436$0$56,265,047
91$76,612,644$2,074,868$0$61,806,533
92$84,211,279$1,960,682$0$67,907,885
93$92,578,177$1,834,102$0$74,626,081
94$101,791,483$1,694,306$0$82,023,910
95$111,937,313$1,540,425$0$90,170,565
96$123,110,555$1,371,542$0$99,142,292
97$135,415,770$1,186,686$0$109,023,115
98$148,968,178$984,833$0$119,905,624
99$163,894,740$764,898$0$131,891,855
100$180,335,364$525,739$0$145,094,246