Can I retire at age 49 with 1,910,000?

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$157,726$156,321$154,950$153,612$152,306$146,902
2 years$78,082$76,628$75,219$73,852$72,527$67,140
3 years$51,538$50,077$48,671$47,318$46,014$40,814
4 years$38,268$36,812$35,420$34,090$32,818$27,843
5 years$30,308$28,861$27,488$26,184$24,947$20,212
6 years$25,004$23,567$22,214$20,940$19,740$15,248
7 years$21,216$19,792$18,460$17,216$16,054$11,804
8 years$18,377$16,965$15,656$14,442$13,318$9,306
9 years$16,169$14,771$13,484$12,301$11,216$7,437
10 years$14,405$13,020$11,756$10,604$9,557$6,004
11 years$12,962$11,591$10,350$9,228$8,219$4,886
12 years$11,760$10,404$9,185$8,095$7,122$4,001
13 years$10,744$9,402$8,206$7,146$6,211$3,292
14 years$9,874$8,546$7,373$6,344$5,444$2,720
15 years$9,121$7,807$6,657$5,657$4,794$2,254
16 years$8,462$7,163$6,036$5,066$4,237$1,873
17 years$7,882$6,597$5,492$4,551$3,756$1,560
18 years$7,366$6,095$5,014$4,102$3,340$1,302
19 years$6,906$5,649$4,590$3,706$2,977$1,088
20 years$6,491$5,250$4,212$3,357$2,659$910
21 years$6,117$4,890$3,874$3,046$2,380$762
22 years$5,778$4,564$3,571$2,770$2,133$638
23 years$5,468$4,269$3,297$2,523$1,915$535
24 years$5,185$4,000$3,049$2,301$1,721$449
25 years$4,924$3,754$2,824$2,101$1,549$377
26 years$4,684$3,528$2,619$1,921$1,395$317
27 years$4,463$3,320$2,432$1,759$1,258$266
28 years$4,257$3,128$2,261$1,611$1,135$224
29 years$4,066$2,951$2,104$1,478$1,025$188
30 years$3,888$2,787$1,960$1,356$926$158
31 years$3,722$2,635$1,827$1,245$837$133
32 years$3,566$2,493$1,705$1,145$757$112
33 years$3,421$2,361$1,592$1,052$685$94
34 years$3,284$2,238$1,487$968$620$79
35 years$3,155$2,122$1,391$891$562$67
36 years$3,034$2,014$1,301$821$509$56
37 years$2,919$1,913$1,218$756$461$47
38 years$2,811$1,818$1,140$697$418$40
39 years$2,708$1,729$1,068$643$379$33
40 years$2,611$1,645$1,001$593$344$28
41 years$2,519$1,566$939$547$312$24
42 years$2,432$1,491$881$505$283$20
43 years$2,349$1,421$826$466$257$17
44 years$2,269$1,354$776$430$233$14
45 years$2,194$1,292$728$397$212$12
46 years$2,122$1,232$684$367$192$10
47 years$2,053$1,176$643$339$175$8
48 years$1,988$1,122$604$313$159$7
49 years$1,925$1,072$568$290$144$6
50 years$1,865$1,024$534$268$131$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $1,910,000, adding $3,490 every year, while hoping to spend $23,395 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: 49/34/17 Blend
48$1,910,000$1,910,000$1,910,000$1,910,000
49$2,108,420$2,007,190$1,977,585$2,201,580
50$2,298,587$2,080,650$2,018,942$2,339,794
51$2,507,366$2,156,926$2,060,900$2,487,164
52$2,736,633$2,236,130$2,103,455$2,646,747
53$2,988,450$2,318,381$2,146,602$2,819,700
54$3,265,092$2,403,802$2,190,333$3,007,293
55$3,569,064$2,492,521$2,234,642$3,210,924
56$3,903,125$2,584,671$2,279,519$3,432,127
57$4,270,316$2,680,393$2,324,956$3,672,595
58$4,673,987$2,779,830$2,370,940$3,934,184
59$5,117,827$2,883,135$2,417,460$4,218,939
60$5,605,902$2,990,465$2,464,501$4,529,110
61$6,142,691$3,101,986$2,512,049$4,867,172
62$6,733,131$3,217,868$2,560,088$5,235,847
63$7,382,657$3,338,290$2,608,598$5,638,134
64$8,097,261$3,463,440$2,657,559$6,077,329
65$8,883,545$3,593,511$2,706,950$6,557,063
66$9,748,781$3,728,708$2,756,748$7,081,332
67$10,700,983$3,869,241$2,806,925$7,654,534
68$11,748,982$4,015,332$2,857,456$8,281,511
69$12,902,506$4,167,211$2,908,308$8,967,594
70$14,172,276$4,325,119$2,959,451$9,718,651
71$15,570,104$4,489,306$3,010,849$10,541,146
72$17,109,008$4,660,035$3,062,465$11,442,192
73$18,803,327$4,837,578$3,114,259$12,429,625
74$20,668,868$5,022,220$3,166,187$13,512,074
75$22,723,043$5,214,259$3,218,205$14,699,038
76$24,985,041$5,414,006$3,270,263$16,000,983
77$27,476,007$5,621,784$3,322,308$17,429,432
78$30,219,240$5,837,931$3,374,286$18,997,078
79$33,240,414$6,062,801$3,426,136$20,717,898
80$36,567,820$6,296,763$3,477,795$22,607,292
81$40,232,634$6,540,200$3,529,198$24,682,217
82$44,269,208$6,793,515$3,580,271$26,961,355
83$48,715,397$7,057,127$3,630,940$29,465,283
84$53,612,915$7,331,474$3,681,124$32,216,669
85$59,007,729$7,617,014$3,730,739$35,240,481
86$64,950,493$7,914,223$3,779,694$38,564,226
87$71,497,024$8,223,600$3,827,894$42,218,207
88$78,708,831$8,545,667$3,875,239$46,235,803
89$86,653,694$8,880,967$3,921,622$50,653,792
90$95,406,305$9,230,069$3,966,931$55,512,688
91$105,048,971$9,593,565$4,011,046$60,857,127
92$115,672,393$9,972,077$4,053,843$66,736,283
93$127,376,519$10,366,250$4,095,189$73,204,336
94$140,271,491$10,776,763$4,134,944$80,320,977
95$154,478,680$11,204,322$4,172,962$88,151,970
96$170,131,837$11,649,666$4,209,088$96,769,774
97$187,378,351$12,113,565$4,243,159$106,254,223
98$206,380,640$12,596,828$4,275,002$116,693,278
99$227,317,689$13,100,295$4,304,438$128,183,855
100$250,386,732$13,624,849$4,331,276$140,832,739