Can I retire at age 49 with 450,000?

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 $450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$37,161$36,830$36,507$36,191$35,884$35,717
2 years$18,396$18,054$17,722$17,400$17,087$16,920
3 years$12,142$11,798$11,467$11,148$10,841$10,677
4 years$9,016$8,673$8,345$8,032$7,732$7,573
5 years$7,141$6,800$6,476$6,169$5,878$5,724
6 years$5,891$5,552$5,234$4,933$4,651$4,502
7 years$4,999$4,663$4,349$4,056$3,782$3,640
8 years$4,330$3,997$3,688$3,403$3,138$3,001
9 years$3,810$3,480$3,177$2,898$2,642$2,511
10 years$3,394$3,068$2,770$2,498$2,252$2,126
11 years$3,054$2,731$2,438$2,174$1,936$1,816
12 years$2,771$2,451$2,164$1,907$1,678$1,563
13 years$2,531$2,215$1,933$1,684$1,463$1,354
14 years$2,326$2,013$1,737$1,495$1,283$1,178
15 years$2,149$1,839$1,568$1,333$1,129$1,030
16 years$1,994$1,688$1,422$1,193$998$904
17 years$1,857$1,554$1,294$1,072$885$795
18 years$1,735$1,436$1,181$966$787$702
19 years$1,627$1,331$1,081$873$701$621
20 years$1,529$1,237$992$791$627$550
21 years$1,441$1,152$913$718$561$488
22 years$1,361$1,075$841$653$503$434
23 years$1,288$1,006$777$594$451$387
24 years$1,222$942$718$542$405$345
25 years$1,160$884$665$495$365$307
26 years$1,104$831$617$453$329$275
27 years$1,051$782$573$414$296$245
28 years$1,003$737$533$380$267$220
29 years$958$695$496$348$241$197
30 years$916$657$462$319$218$176
31 years$877$621$430$293$197$158
32 years$840$587$402$270$178$141
33 years$806$556$375$248$161$127
34 years$774$527$350$228$146$114
35 years$743$500$328$210$132$102
36 years$715$475$306$193$120$92
37 years$688$451$287$178$109$82
38 years$662$428$269$164$99$74
39 years$638$407$252$151$89$66
40 years$615$388$236$140$81$60
41 years$594$369$221$129$74$54
42 years$573$351$207$119$67$48
43 years$553$335$195$110$61$43
44 years$535$319$183$101$55$39
45 years$517$304$172$94$50$35
46 years$500$290$161$86$45$32
47 years$484$277$151$80$41$28
48 years$468$264$142$74$37$26
49 years$454$253$134$68$34$23
50 years$439$241$126$63$31$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $450,000, adding $3,963 every year, while hoping to spend $37,507 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: 28/49/23 Blend
48$450,000$450,000$450,000$450,000
49$499,988$476,138$469,163$510,292
50$511,079$459,561$444,973$502,095
51$522,045$440,916$418,715$489,729
52$532,833$420,060$390,281$475,657
53$543,384$396,844$359,557$459,757
54$553,631$371,111$326,424$441,899
55$563,500$342,695$290,758$421,946
56$572,908$311,418$252,429$399,749
57$581,761$277,094$211,302$375,153
58$589,955$239,526$167,236$347,991
59$597,375$198,507$120,082$318,084
60$603,889$153,816$69,687$285,244
61$609,353$105,220$15,889$249,267
62$613,607$52,476$0$209,938
63$616,470$0$0$177,217
64$617,745$0$0$148,015
65$617,208$0$0$146,507
66$614,616$0$0$144,323
67$609,694$0$0$141,377
68$602,140$0$0$137,574
69$591,619$0$0$132,808
70$577,759$0$0$126,965
71$560,148$0$0$119,914
72$538,329$0$0$111,515
73$511,798$0$0$101,609
74$479,994$0$0$90,022
75$442,301$0$0$76,561
76$398,034$0$0$61,015
77$346,436$0$0$43,147
78$286,670$0$0$22,698
79$217,813$0$0$0
80$138,842$0$0$0
81$48,629$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0