Can I retire at age 49 with 450,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%15.4%
1 years$37,161$36,830$36,507$36,191$35,884$35,087
2 years$18,396$18,054$17,722$17,400$17,087$16,289
3 years$12,142$11,798$11,467$11,148$10,841$10,066
4 years$9,016$8,673$8,345$8,032$7,732$6,986
5 years$7,141$6,800$6,476$6,169$5,878$5,163
6 years$5,891$5,552$5,234$4,933$4,651$3,968
7 years$4,999$4,663$4,349$4,056$3,782$3,132
8 years$4,330$3,997$3,688$3,403$3,138$2,519
9 years$3,810$3,480$3,177$2,898$2,642$2,055
10 years$3,394$3,068$2,770$2,498$2,252$1,695
11 years$3,054$2,731$2,438$2,174$1,936$1,410
12 years$2,771$2,451$2,164$1,907$1,678$1,180
13 years$2,531$2,215$1,933$1,684$1,463$994
14 years$2,326$2,013$1,737$1,495$1,283$841
15 years$2,149$1,839$1,568$1,333$1,129$714
16 years$1,994$1,688$1,422$1,193$998$608
17 years$1,857$1,554$1,294$1,072$885$519
18 years$1,735$1,436$1,181$966$787$444
19 years$1,627$1,331$1,081$873$701$380
20 years$1,529$1,237$992$791$627$327
21 years$1,441$1,152$913$718$561$281
22 years$1,361$1,075$841$653$503$242
23 years$1,288$1,006$777$594$451$208
24 years$1,222$942$718$542$405$179
25 years$1,160$884$665$495$365$155
26 years$1,104$831$617$453$329$134
27 years$1,051$782$573$414$296$115
28 years$1,003$737$533$380$267$100
29 years$958$695$496$348$241$86
30 years$916$657$462$319$218$75
31 years$877$621$430$293$197$64
32 years$840$587$402$270$178$56
33 years$806$556$375$248$161$48
34 years$774$527$350$228$146$42
35 years$743$500$328$210$132$36
36 years$715$475$306$193$120$31
37 years$688$451$287$178$109$27
38 years$662$428$269$164$99$23
39 years$638$407$252$151$89$20
40 years$615$388$236$140$81$18
41 years$594$369$221$129$74$15
42 years$573$351$207$119$67$13
43 years$553$335$195$110$61$11
44 years$535$319$183$101$55$10
45 years$517$304$172$94$50$9
46 years$500$290$161$86$45$7
47 years$484$277$151$80$41$6
48 years$468$264$142$74$37$6
49 years$454$253$134$68$34$5
50 years$439$241$126$63$31$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $450,000, adding $5,836 every year, while hoping to spend $29,940 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: 56/19/25 Blend
48$450,000$450,000$450,000$450,000
49$501,920$478,070$471,095$526,298
50$521,260$469,639$455,021$535,233
51$541,569$459,792$437,404$541,327
52$562,914$448,428$418,163$547,340
53$585,370$435,438$397,209$553,275
54$609,014$420,711$374,452$559,133
55$633,934$404,127$349,797$564,921
56$660,224$385,558$323,144$570,646
57$687,987$364,870$294,389$576,316
58$717,335$341,922$263,425$581,946
59$748,390$316,564$230,137$587,553
60$781,287$288,636$194,407$593,155
61$816,170$257,972$156,112$598,779
62$853,200$224,393$115,123$604,453
63$892,552$187,714$71,305$610,214
64$934,416$147,735$24,517$616,105
65$979,000$104,248$0$622,173
66$1,026,534$57,032$0$635,257
67$1,077,269$5,855$0$656,064
68$1,131,479$0$0$678,167
69$1,189,464$0$0$712,055
70$1,251,555$0$0$749,680
71$1,318,113$0$0$790,040
72$1,389,535$0$0$833,379
73$1,466,257$0$0$879,966
74$1,548,758$0$0$930,094
75$1,637,560$0$0$984,087
76$1,733,242$0$0$1,042,300
77$1,836,436$0$0$1,105,122
78$1,947,837$0$0$1,172,983
79$2,068,210$0$0$1,246,352
80$2,198,394$0$0$1,325,747
81$2,339,313$0$0$1,411,736
82$2,491,981$0$0$1,504,946
83$2,657,513$0$0$1,606,063
84$2,837,138$0$0$1,715,844
85$3,032,204$0$0$1,835,120
86$3,244,196$0$0$1,964,806
87$3,474,746$0$0$2,105,910
88$3,725,651$0$0$2,259,538
89$3,998,887$0$0$2,426,909
90$4,296,630$0$0$2,609,364
91$4,621,273$0$0$2,808,380
92$4,975,450$0$0$3,025,580
93$5,362,063$0$0$3,262,752
94$5,784,302$0$0$3,521,867
95$6,245,681$0$0$3,805,089
96$6,750,070$0$0$4,114,806
97$7,301,728$0$0$4,453,645
98$7,905,343$0$0$4,824,498
99$8,566,081$0$0$5,230,550
100$9,289,628$0$0$5,675,309