Can I retire at age 49 with 425,000?

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 $425,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$35,096$34,783$34,478$34,181$33,890$33,522
2 years$17,374$17,051$16,737$16,433$16,138$15,768
3 years$11,468$11,143$10,830$10,529$10,239$9,877
4 years$8,515$8,191$7,881$7,585$7,302$6,953
5 years$6,744$6,422$6,116$5,826$5,551$5,214
6 years$5,564$5,244$4,943$4,659$4,392$4,069
7 years$4,721$4,404$4,108$3,831$3,572$3,262
8 years$4,089$3,775$3,484$3,213$2,963$2,666
9 years$3,598$3,287$3,000$2,737$2,496$2,212
10 years$3,205$2,897$2,616$2,359$2,126$1,856
11 years$2,884$2,579$2,303$2,053$1,829$1,571
12 years$2,617$2,315$2,044$1,801$1,585$1,339
13 years$2,391$2,092$1,826$1,590$1,382$1,149
14 years$2,197$1,902$1,641$1,412$1,211$990
15 years$2,029$1,737$1,481$1,259$1,067$857
16 years$1,883$1,594$1,343$1,127$943$744
17 years$1,754$1,468$1,222$1,013$836$648
18 years$1,639$1,356$1,116$913$743$566
19 years$1,537$1,257$1,021$825$662$495
20 years$1,444$1,168$937$747$592$434
21 years$1,361$1,088$862$678$530$381
22 years$1,286$1,016$795$616$475$335
23 years$1,217$950$734$561$426$295
24 years$1,154$890$679$512$383$260
25 years$1,096$835$628$468$345$229
26 years$1,042$785$583$428$310$202
27 years$993$739$541$391$280$179
28 years$947$696$503$359$253$158
29 years$905$657$468$329$228$140
30 years$865$620$436$302$206$124
31 years$828$586$407$277$186$109
32 years$794$555$379$255$168$97
33 years$761$525$354$234$152$86
34 years$731$498$331$215$138$76
35 years$702$472$309$198$125$67
36 years$675$448$289$183$113$60
37 years$650$426$271$168$103$53
38 years$625$405$254$155$93$47
39 years$603$385$238$143$84$42
40 years$581$366$223$132$77$37
41 years$561$348$209$122$69$33
42 years$541$332$196$112$63$29
43 years$523$316$184$104$57$26
44 years$505$301$173$96$52$23
45 years$488$287$162$88$47$20
46 years$472$274$152$82$43$18
47 years$457$262$143$75$39$16
48 years$442$250$134$70$35$14
49 years$428$239$126$64$32$13
50 years$415$228$119$60$29$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 49 starting with $425,000, adding $5,320 every year, while hoping to spend $22,425 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: 64/30/6 Blend
48$425,000$425,000$425,000$425,000
49$473,838$451,313$444,725$503,344
50$498,309$449,567$435,763$521,904
51$524,525$446,984$425,750$539,021
52$552,640$443,499$414,626$557,127
53$582,822$439,044$402,329$576,316
54$615,259$433,546$388,795$596,690
55$650,153$426,927$373,958$618,367
56$687,728$419,107$357,745$641,474
57$728,231$409,998$340,085$666,153
58$771,932$399,509$320,898$692,560
59$819,126$387,542$300,106$720,869
60$870,141$373,996$277,624$751,273
61$925,335$358,761$253,363$783,985
62$985,101$341,722$227,233$819,241
63$1,049,873$322,758$199,137$857,303
64$1,120,127$301,740$168,975$898,459
65$1,196,386$278,532$136,642$943,030
66$1,279,228$252,989$102,029$991,369
67$1,369,284$224,961$65,022$1,043,870
68$1,467,253$194,286$25,502$1,100,966
69$1,573,901$160,794$0$1,163,137
70$1,690,072$124,307$0$1,231,980
71$1,816,695$84,634$0$1,308,828
72$1,954,793$41,575$0$1,392,703
73$2,105,489$0$0$1,484,333
74$2,270,022$0$0$1,586,199
75$2,449,756$0$0$1,712,495
76$2,646,191$0$0$1,850,555
77$2,860,978$0$0$2,001,545
78$3,095,938$0$0$2,166,745
79$3,353,072$0$0$2,347,569
80$3,634,586$0$0$2,545,571
81$3,942,909$0$0$2,762,463
82$4,280,716$0$0$3,000,132
83$4,650,950$0$0$3,260,653
84$5,056,858$0$0$3,546,315
85$5,502,010$0$0$3,859,637
86$5,990,343$0$0$4,203,392
87$6,526,190$0$0$4,580,638
88$7,114,325$0$0$4,994,740
89$7,760,009$0$0$5,449,408
90$8,469,032$0$0$5,948,725
91$9,247,777$0$0$6,497,193
92$10,103,274$0$0$7,099,768
93$11,043,266$0$0$7,761,911
94$12,076,286$0$0$8,489,638
95$13,211,732$0$0$9,289,578
96$14,459,958$0$0$10,169,033
97$15,832,374$0$0$11,136,048
98$17,341,547$0$0$12,199,486
99$19,001,325$0$0$13,369,113
100$20,826,966$0$0$14,655,688