Can I retire at age 49 with 430,000?

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 $430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$35,509$35,193$34,884$34,583$34,289$33,846
2 years$17,579$17,251$16,934$16,626$16,328$15,883
3 years$11,603$11,274$10,957$10,653$10,359$9,925
4 years$8,615$8,288$7,974$7,675$7,388$6,969
5 years$6,823$6,498$6,188$5,895$5,616$5,213
6 years$5,629$5,306$5,001$4,714$4,444$4,056
7 years$4,776$4,456$4,156$3,876$3,614$3,243
8 years$4,137$3,819$3,525$3,251$2,998$2,643
9 years$3,640$3,325$3,036$2,769$2,525$2,186
10 years$3,243$2,931$2,647$2,387$2,151$1,829
11 years$2,918$2,610$2,330$2,078$1,850$1,543
12 years$2,648$2,342$2,068$1,822$1,603$1,311
13 years$2,419$2,117$1,847$1,609$1,398$1,121
14 years$2,223$1,924$1,660$1,428$1,226$963
15 years$2,053$1,758$1,499$1,274$1,079$831
16 years$1,905$1,613$1,359$1,140$954$719
17 years$1,774$1,485$1,236$1,025$846$624
18 years$1,658$1,372$1,129$923$752$543
19 years$1,555$1,272$1,033$834$670$473
20 years$1,461$1,182$948$756$599$413
21 years$1,377$1,101$872$686$536$361
22 years$1,301$1,028$804$624$480$317
23 years$1,231$961$742$568$431$278
24 years$1,167$900$686$518$387$244
25 years$1,109$845$636$473$349$214
26 years$1,055$794$590$433$314$188
27 years$1,005$747$548$396$283$166
28 years$958$704$509$363$255$146
29 years$915$664$474$333$231$128
30 years$875$627$441$305$208$113
31 years$838$593$411$280$188$100
32 years$803$561$384$258$170$88
33 years$770$532$358$237$154$78
34 years$739$504$335$218$140$69
35 years$710$478$313$201$127$60
36 years$683$454$293$185$115$53
37 years$657$431$274$170$104$47
38 years$633$409$257$157$94$42
39 years$610$389$240$145$85$37
40 years$588$370$225$133$77$32
41 years$567$353$211$123$70$29
42 years$547$336$198$114$64$25
43 years$529$320$186$105$58$22
44 years$511$305$175$97$53$20
45 years$494$291$164$89$48$17
46 years$478$277$154$83$43$15
47 years$462$265$145$76$39$14
48 years$447$253$136$71$36$12
49 years$433$241$128$65$32$11
50 years$420$231$120$60$29$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $430,000, adding $2,899 every year, while hoping to spend $25,305 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: 52/29/19 Blend
48$430,000$430,000$430,000$430,000
49$476,850$454,060$447,395$499,017
50$498,565$449,385$435,459$509,896
51$521,646$443,632$422,274$518,846
52$546,206$436,723$407,773$528,035
53$572,370$428,573$391,884$537,495
54$600,271$419,092$374,531$547,260
55$630,058$408,187$355,638$557,373
56$661,893$395,758$335,121$567,878
57$695,954$381,697$312,894$578,830
58$732,435$365,894$288,870$590,287
59$771,550$348,229$262,954$602,319
60$813,533$328,578$235,049$615,002
61$858,643$306,808$205,052$628,423
62$907,160$282,777$172,857$642,682
63$959,396$256,339$138,353$657,887
64$1,015,691$227,336$101,424$674,165
65$1,076,419$195,602$61,949$691,656
66$1,141,990$160,964$19,801$710,516
67$1,212,856$123,234$0$730,923
68$1,289,514$82,219$0$758,179
69$1,372,509$37,713$0$792,017
70$1,462,441$0$0$828,696
71$1,559,968$0$0$871,875
72$1,665,817$0$0$931,836
73$1,780,784$0$0$997,001
74$1,905,747$0$0$1,067,870
75$2,041,671$0$0$1,144,998
76$2,189,618$0$0$1,228,991
77$2,350,755$0$0$1,320,518
78$2,526,369$0$0$1,420,316
79$2,717,875$0$0$1,529,193
80$2,926,830$0$0$1,648,042
81$3,154,947$0$0$1,777,845
82$3,404,114$0$0$1,919,680
83$3,676,408$0$0$2,074,739
84$3,974,116$0$0$2,244,330
85$4,299,756$0$0$2,429,895
86$4,656,100$0$0$2,633,022
87$5,046,201$0$0$2,855,459
88$5,473,420$0$0$3,099,132
89$5,941,459$0$0$3,366,161
90$6,454,395$0$0$3,658,880
91$7,016,719$0$0$3,979,862
92$7,633,375$0$0$4,331,939
93$8,309,809$0$0$4,718,231
94$9,052,022$0$0$5,142,174
95$9,866,620$0$0$5,607,554
96$10,760,884$0$0$6,118,541
97$11,742,830$0$0$6,679,727
98$12,821,291$0$0$7,296,173
99$14,005,997$0$0$7,973,452
100$15,307,666$0$0$8,717,706