Can I retire at age 49 with 280,000?

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 $280,000?

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$23,122$22,916$22,715$22,519$22,328$21,859
2 years$11,447$11,233$11,027$10,826$10,632$10,162
3 years$7,555$7,341$7,135$6,937$6,745$6,289
4 years$5,610$5,397$5,193$4,997$4,811$4,371
5 years$4,443$4,231$4,030$3,839$3,657$3,236
6 years$3,665$3,455$3,257$3,070$2,894$2,491
7 years$3,110$2,901$2,706$2,524$2,353$1,969
8 years$2,694$2,487$2,295$2,117$1,952$1,587
9 years$2,370$2,165$1,977$1,803$1,644$1,297
10 years$2,112$1,909$1,723$1,554$1,401$1,071
11 years$1,900$1,699$1,517$1,353$1,205$893
12 years$1,724$1,525$1,346$1,187$1,044$749
13 years$1,575$1,378$1,203$1,048$910$632
14 years$1,447$1,253$1,081$930$798$536
15 years$1,337$1,144$976$829$703$456
16 years$1,241$1,050$885$743$621$389
17 years$1,155$967$805$667$551$333
18 years$1,080$894$735$601$490$285
19 years$1,012$828$673$543$436$245
20 years$952$770$618$492$390$211
21 years$897$717$568$447$349$182
22 years$847$669$523$406$313$157
23 years$802$626$483$370$281$135
24 years$760$586$447$337$252$117
25 years$722$550$414$308$227$101
26 years$687$517$384$282$204$88
27 years$654$487$357$258$184$76
28 years$624$459$331$236$166$66
29 years$596$433$308$217$150$57
30 years$570$409$287$199$136$49
31 years$546$386$268$183$123$43
32 years$523$365$250$168$111$37
33 years$501$346$233$154$100$32
34 years$481$328$218$142$91$28
35 years$462$311$204$131$82$24
36 years$445$295$191$120$75$21
37 years$428$280$178$111$68$18
38 years$412$267$167$102$61$16
39 years$397$253$157$94$56$14
40 years$383$241$147$87$50$12
41 years$369$230$138$80$46$10
42 years$356$219$129$74$42$9
43 years$344$208$121$68$38$8
44 years$333$199$114$63$34$7
45 years$322$189$107$58$31$6
46 years$311$181$100$54$28$5
47 years$301$172$94$50$26$4
48 years$291$165$89$46$23$4
49 years$282$157$83$42$21$3
50 years$273$150$78$39$19$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $280,000, adding $5,418 every year, while hoping to spend $20,757 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: 58/12/30 Blend
48$280,000$280,000$280,000$280,000
49$314,149$299,309$294,969$329,504
50$324,107$291,890$282,765$333,229
51$334,384$283,411$269,456$334,657
52$344,993$273,800$254,985$335,794
53$355,944$262,977$239,288$336,620
54$367,248$250,861$222,302$337,110
55$378,917$237,363$203,959$337,242
56$390,964$222,391$184,189$336,989
57$403,402$205,848$162,919$336,324
58$416,245$187,630$140,073$335,221
59$429,506$167,628$115,569$333,648
60$443,199$145,726$89,325$331,576
61$457,341$121,802$61,252$328,971
62$471,947$95,727$31,261$325,798
63$487,033$67,366$0$322,023
64$502,617$36,573$0$317,846
65$518,716$3,198$0$323,682
66$535,350$0$0$329,507
67$552,538$0$0$339,658
68$570,300$0$0$350,586
69$588,658$0$0$361,881
70$607,635$0$0$373,557
71$627,253$0$0$385,630
72$647,539$0$0$398,114
73$668,517$0$0$411,026
74$690,215$0$0$424,382
75$712,662$0$0$438,201
76$735,888$0$0$452,501
77$759,925$0$0$467,302
78$784,806$0$0$482,625
79$810,567$0$0$498,493
80$837,246$0$0$514,928
81$864,882$0$0$531,955
82$893,518$0$0$549,601
83$923,197$0$0$567,894
84$953,968$0$0$586,863
85$985,881$0$0$606,539
86$1,018,989$0$0$626,957
87$1,053,349$0$0$648,152
88$1,089,022$0$0$670,162
89$1,126,073$0$0$693,028
90$1,164,571$0$0$716,793
91$1,204,591$0$0$741,504
92$1,246,211$0$0$767,211
93$1,289,518$0$0$793,967
94$1,334,602$0$0$821,831
95$1,381,561$0$0$850,863
96$1,430,502$0$0$881,130
97$1,481,537$0$0$912,704
98$1,534,789$0$0$945,662
99$1,590,390$0$0$980,088
100$1,648,482$0$0$1,016,071