Can I retire at age 49 with 260,000?

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 $260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$21,471$21,279$21,093$20,911$20,733$20,134
2 years$10,629$10,431$10,239$10,053$9,873$9,274
3 years$7,016$6,817$6,625$6,441$6,264$5,684
4 years$5,209$5,011$4,822$4,640$4,467$3,911
5 years$4,126$3,929$3,742$3,564$3,396$2,865
6 years$3,404$3,208$3,024$2,850$2,687$2,181
7 years$2,888$2,694$2,513$2,344$2,185$1,705
8 years$2,502$2,309$2,131$1,966$1,813$1,358
9 years$2,201$2,011$1,836$1,675$1,527$1,096
10 years$1,961$1,772$1,600$1,443$1,301$895
11 years$1,764$1,578$1,409$1,256$1,119$736
12 years$1,601$1,416$1,250$1,102$970$610
13 years$1,463$1,280$1,117$973$845$507
14 years$1,344$1,163$1,004$864$741$424
15 years$1,242$1,063$906$770$653$356
16 years$1,152$975$822$690$577$299
17 years$1,073$898$748$620$511$252
18 years$1,003$830$682$558$455$213
19 years$940$769$625$505$405$181
20 years$884$715$573$457$362$153
21 years$833$666$527$415$324$130
22 years$786$621$486$377$290$110
23 years$744$581$449$343$261$94
24 years$706$544$415$313$234$80
25 years$670$511$384$286$211$68
26 years$638$480$357$262$190$58
27 years$607$452$331$239$171$49
28 years$579$426$308$219$154$42
29 years$553$402$286$201$139$36
30 years$529$379$267$185$126$30
31 years$507$359$249$170$114$26
32 years$485$339$232$156$103$22
33 years$466$321$217$143$93$19
34 years$447$305$202$132$84$16
35 years$429$289$189$121$76$14
36 years$413$274$177$112$69$12
37 years$397$260$166$103$63$10
38 years$383$248$155$95$57$9
39 years$369$235$145$88$52$7
40 years$355$224$136$81$47$6
41 years$343$213$128$74$42$5
42 years$331$203$120$69$39$5
43 years$320$193$112$63$35$4
44 years$309$184$106$59$32$3
45 years$299$176$99$54$29$3
46 years$289$168$93$50$26$2
47 years$280$160$87$46$24$2
48 years$271$153$82$43$22$2
49 years$262$146$77$39$20$2
50 years$254$139$73$36$18$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $260,000, adding $6,576 every year, while hoping to spend $20,205 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: 63/27/10 Blend
48$260,000$260,000$260,000$260,000
49$293,303$279,523$275,493$310,722
50$301,722$271,722$263,224$315,375
51$310,323$262,861$249,867$317,511
52$319,102$252,868$235,364$319,333
53$328,056$241,664$219,654$320,811
54$337,180$229,168$202,675$321,912
55$346,469$215,293$184,361$322,600
56$355,914$199,948$164,642$322,837
57$365,506$183,035$143,447$322,582
58$375,236$164,452$120,701$321,791
59$385,091$144,090$96,325$320,416
60$395,055$121,835$70,237$318,407
61$405,112$97,567$42,351$315,708
62$415,242$71,157$12,579$312,261
63$425,424$42,470$0$308,003
64$435,630$11,364$0$304,912
65$445,832$0$0$302,434
66$455,996$0$0$305,784
67$466,085$0$0$312,448
68$476,056$0$0$319,020
69$485,860$0$0$325,464
70$495,443$0$0$331,744
71$504,745$0$0$337,817
72$513,696$0$0$343,635
73$522,221$0$0$349,144
74$530,233$0$0$354,284
75$537,637$0$0$358,988
76$544,326$0$0$363,182
77$550,180$0$0$366,783
78$555,068$0$0$369,698
79$558,839$0$0$371,823
80$561,331$0$0$373,044
81$562,360$0$0$373,233
82$561,723$0$0$372,249
83$559,194$0$0$369,935
84$554,522$0$0$366,115
85$547,430$0$0$360,597
86$537,610$0$0$353,166
87$524,719$0$0$343,585
88$508,381$0$0$331,589
89$488,175$0$0$316,889
90$463,638$0$0$299,160
91$434,258$0$0$278,046
92$399,465$0$0$253,152
93$358,632$0$0$224,042
94$311,065$0$0$190,232
95$255,995$0$0$151,189
96$192,573$0$0$106,322
97$119,863$0$0$54,980
98$36,827$0$0$0
99$0$0$0$0
100$0$0$0$0