Investment Table for 49 Year Old
The retirement table below shows the distinct disadvantages of beginning to invest for a retirement plan when you are older. This chart is a hypothetical representation of a person who starts investing at the age of 49 at the beginning of the year $2000 annually through age 65. This example uses a hypothetical annual investment growth rate of 8%. This hypothetical plan is as if someone was to invest in a tax free investment such as a Roth Ira and not removing any money with tax free growth until age 65. If the investement is an IRA or other retirement plan it is important to check with your accountant or the IRS tax table to see how much must be removed each year to avoid extra taxes and penalties. This table just shows how a tax free investment would grow with an 8% growth rate and how taking withdrawals would affect the asset value. It is not intended to be followed. It is intended to give a person an idea of how much they could aquire and take out with these hypothetical rates. At the end of age 65 if this individual had continued to invest annually $2000 and had an annual growth rate of 8% their total investment value would be $119,786.59. At which time they would have invested $34,000 (17 years x $2000). After that, the retirement plan shows this person withdrawing $15,000 annually until age 81 after that at age 82 there would only be $9,642 available for withdrawel which would then deplete all the money. Notice how compared to the scenerio of a person who starts at age 20 investing is able to take out $70,000 after age 65 and at age 100 still has plenty of money. This shows the importance of people beginning there savings at an early age. Once again this hypothetical continues to use an annual rate of return of 8% with a tax free investment.
Age |
Investment Beginning of Year |
Beginning of Year Value After Investment Before Withdrawal |
Rate of Growth |
Beginning of Year Withdrawal |
Value End of Year |
49 |
$2,000 |
$2,000 |
8% |
0 |
$2,160.00 |
50 |
$2,000 |
$4,160 |
8% |
0 |
$4,492.80 |
51 |
$2,000 |
$6,493 |
8% |
0 |
$7,012.22 |
52 |
$2,000 |
$9,012 |
8% |
0 |
$9,733.20 |
53 |
$2,000 |
$11,733 |
8% |
0 |
$12,671.86 |
54 |
$2,000 |
$14,672 |
8% |
0 |
$15,845.61 |
55 |
$2,000 |
$17,846 |
8% |
0 |
$19,273.26 |
56 |
$2,000 |
$21,273 |
8% |
0 |
$22,975.12 |
57 |
$2,000 |
$24,975 |
8% |
0 |
$26,973.12 |
58 |
$2,000 |
$28,973 |
8% |
0 |
$31,290.97 |
59 |
$2,000 |
$33,291 |
8% |
0 |
$35,954.25 |
60 |
$2,000 |
$37,954 |
8% |
0 |
$40,990.59 |
61 |
$2,000 |
$42,991 |
8% |
0 |
$46,429.84 |
62 |
$2,000 |
$48,430 |
8% |
0 |
$52,304.23 |
63 |
$2,000 |
$54,304 |
8% |
0 |
$58,648.57 |
64 |
$2,000 |
$60,649 |
8% |
0 |
$65,500.45 |
65 |
$2,000 |
$67,500 |
8% |
0 |
$72,900.49 |
66 |
$2,000 |
$74,900 |
8% |
0 |
$80,892.53 |
67 |
$2,000 |
$82,893 |
8% |
0 |
$89,523.93 |
68 |
$2,000 |
$91,524 |
8% |
0 |
$98,845.84 |
69 |
$2,000 |
$100,846 |
8% |
0 |
$108,913.51 |
70 |
$2,000 |
$110,914 |
8% |
0 |
$119,786.59 |
71 |
0 |
$119,787 |
8% |
$15,000 |
$113,169.52 |
72 |
0 |
$113,170 |
8% |
$15,000 |
$106,023.08 |
73 |
0 |
$106,023 |
8% |
$15,000 |
$98,304.93 |
74 |
0 |
$98,305 |
8% |
$15,000 |
$89,969.32 |
75 |
0 |
$89,969 |
8% |
$15,000 |
$80,966.87 |
76 |
0 |
$80,967 |
8% |
$15,000 |
$71,244.22 |
77 |
0 |
$71,244 |
8% |
$15,000 |
$60,743.75 |
78 |
0 |
$60,744 |
8% |
$15,000 |
$49,403.25 |
79 |
0 |
$49,403 |
8% |
$15,000 |
$37,155.51 |
80 |
0 |
$37,156 |
8% |
$15,000 |
$23,927.95 |
81 |
0 |
$23,928 |
8% |
$15,000 |
$9,642.19 |
82 |
0 |
$9,642 |
8% |
$9,642 |
$0 |
Some other scenerios using different hypothetical ages, growth rates and withdrawals.
Age 2, $600 annual investment, 8% return, and $88,000 withdrawal
Age 10, $2,000 annual investment, 8% return, and $92,000 withdrawal
Age 20, $2,000 annual investment, 8% return, and $70,000 withdrawal
Age 25, $2000 annual investment, 8% return, and $48,000 withdrawal
Age 30, $2,000 annual investment, 8% return, and $30,000 withdrawal
Age 35, $2,000 annual investment, 8% return, and $21,000 withdrawal
Age 40, $2,000 annual investment, 8% return, and $13,500 withdrawal
Age 49, $2,000 annual investment, 8% return, and $15,000 withdrawal
Age 55 $2000 annual investment, 8% return, and $5,000 withthrawal
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