Can I retire at age 49 with 440,000?

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 $440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$36,335$36,011$35,695$35,387$35,086$34,491
2 years$17,988$17,653$17,328$17,013$16,708$16,110
3 years$11,873$11,536$11,212$10,900$10,600$10,018
4 years$8,816$8,480$8,160$7,853$7,560$6,998
5 years$6,982$6,649$6,332$6,032$5,747$5,208
6 years$5,760$5,429$5,117$4,824$4,547$4,031
7 years$4,887$4,559$4,253$3,966$3,698$3,204
8 years$4,233$3,908$3,607$3,327$3,068$2,597
9 years$3,725$3,403$3,106$2,834$2,584$2,135
10 years$3,318$2,999$2,708$2,443$2,201$1,775
11 years$2,986$2,670$2,384$2,126$1,893$1,488
12 years$2,709$2,397$2,116$1,865$1,641$1,257
13 years$2,475$2,166$1,890$1,646$1,431$1,068
14 years$2,275$1,969$1,699$1,461$1,254$911
15 years$2,101$1,798$1,534$1,303$1,104$780
16 years$1,949$1,650$1,390$1,167$976$671
17 years$1,816$1,520$1,265$1,049$865$578
18 years$1,697$1,404$1,155$945$769$499
19 years$1,591$1,301$1,057$854$686$432
20 years$1,495$1,209$970$773$613$374
21 years$1,409$1,126$893$702$548$325
22 years$1,331$1,051$823$638$491$283
23 years$1,260$983$760$581$441$246
24 years$1,194$921$702$530$396$214
25 years$1,134$865$651$484$357$187
26 years$1,079$813$603$443$321$163
27 years$1,028$765$560$405$290$142
28 years$981$721$521$371$261$124
29 years$937$680$485$340$236$108
30 years$896$642$452$312$213$95
31 years$857$607$421$287$193$83
32 years$822$574$393$264$174$72
33 years$788$544$367$242$158$63
34 years$756$515$343$223$143$55
35 years$727$489$320$205$129$49
36 years$699$464$300$189$117$43
37 years$672$441$280$174$106$37
38 years$648$419$263$161$96$33
39 years$624$398$246$148$87$29
40 years$602$379$231$137$79$25
41 years$580$361$216$126$72$22
42 years$560$344$203$116$65$19
43 years$541$327$190$107$59$17
44 years$523$312$179$99$54$15
45 years$505$298$168$92$49$13
46 years$489$284$158$85$44$11
47 years$473$271$148$78$40$10
48 years$458$259$139$72$37$9
49 years$443$247$131$67$33$8
50 years$430$236$123$62$30$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $440,000, adding $3,260 every year, while hoping to spend $33,532 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: 50/40/10 Blend
48$440,000$440,000$440,000$440,000
49$488,243$464,923$458,103$511,200
50$502,366$452,026$437,771$514,356
51$516,805$437,374$415,635$513,959
52$531,559$420,844$391,598$512,754
53$546,621$402,309$365,560$510,673
54$561,986$381,632$337,416$507,646
55$577,646$358,670$307,057$503,596
56$593,592$333,270$274,369$498,443
57$609,809$305,271$239,232$492,099
58$626,285$274,505$201,521$484,474
59$643,001$240,790$161,107$475,468
60$659,936$203,938$117,853$464,975
61$677,067$163,748$71,618$452,885
62$694,363$120,008$22,253$439,077
63$711,794$72,493$0$423,424
64$729,320$20,969$0$409,035
65$746,899$0$0$395,263
66$764,482$0$0$394,918
67$782,012$0$0$403,748
68$799,426$0$0$412,488
69$816,652$0$0$421,098
70$833,610$0$0$429,532
71$850,207$0$0$437,739
72$866,342$0$0$445,661
73$881,899$0$0$453,235
74$896,749$0$0$460,387
75$910,748$0$0$467,039
76$923,735$0$0$473,099
77$935,530$0$0$478,467
78$945,931$0$0$483,032
79$954,714$0$0$486,670
80$961,631$0$0$489,241
81$966,404$0$0$490,591
82$968,725$0$0$490,550
83$968,250$0$0$488,927
84$964,599$0$0$485,511
85$957,350$0$0$480,068
86$946,034$0$0$472,339
87$930,131$0$0$462,036
88$909,066$0$0$448,839
89$882,200$0$0$432,396
90$848,826$0$0$412,316
91$808,163$0$0$388,165
92$759,343$0$0$359,466
93$701,410$0$0$325,688
94$633,303$0$0$286,247
95$553,850$0$0$240,493
96$461,755$0$0$187,711
97$355,586$0$0$127,110
98$233,759$0$0$57,816
99$94,527$0$0$0
100$0$0$0$0