Can I retire at age 50 with 1,250,000?

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 $1,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$103,224$102,304$101,407$100,532$99,677$98,636
2 years$51,101$50,149$49,227$48,333$47,465$46,417
3 years$33,729$32,773$31,853$30,967$30,114$29,091
4 years$25,045$24,092$23,181$22,310$21,477$20,487
5 years$19,835$18,888$17,989$17,136$16,327$15,373
6 years$16,364$15,424$14,538$13,704$12,919$12,002
7 years$13,885$12,953$12,081$11,267$10,506$9,627
8 years$12,027$11,103$10,246$9,451$8,716$7,874
9 years$10,582$9,667$8,825$8,051$7,340$6,536
10 years$9,427$8,521$7,694$6,940$6,254$5,486
11 years$8,483$7,586$6,773$6,040$5,379$4,647
12 years$7,696$6,809$6,011$5,298$4,661$3,965
13 years$7,031$6,153$5,371$4,677$4,065$3,403
14 years$6,462$5,593$4,825$4,152$3,563$2,934
15 years$5,969$5,109$4,357$3,703$3,137$2,541
16 years$5,538$4,688$3,950$3,315$2,773$2,208
17 years$5,158$4,317$3,594$2,979$2,458$1,925
18 years$4,821$3,989$3,281$2,684$2,186$1,682
19 years$4,519$3,697$3,004$2,426$1,948$1,472
20 years$4,248$3,436$2,757$2,197$1,740$1,292
21 years$4,004$3,200$2,536$1,994$1,557$1,135
22 years$3,781$2,987$2,337$1,813$1,396$999
23 years$3,579$2,794$2,158$1,651$1,253$880
24 years$3,393$2,618$1,996$1,506$1,126$776
25 years$3,223$2,457$1,848$1,375$1,014$685
26 years$3,066$2,309$1,714$1,257$913$605
27 years$2,921$2,173$1,592$1,151$823$535
28 years$2,786$2,047$1,480$1,054$743$473
29 years$2,661$1,931$1,377$967$671$419
30 years$2,544$1,824$1,283$887$606$371
31 years$2,436$1,724$1,196$815$548$329
32 years$2,334$1,632$1,116$749$496$291
33 years$2,239$1,545$1,042$689$448$258
34 years$2,149$1,464$973$634$406$229
35 years$2,065$1,389$910$583$368$203
36 years$1,985$1,318$851$537$333$180
37 years$1,910$1,252$797$495$302$160
38 years$1,840$1,190$746$456$274$142
39 years$1,772$1,132$699$421$248$126
40 years$1,709$1,077$655$388$225$112
41 years$1,649$1,025$614$358$204$99
42 years$1,591$976$576$330$185$88
43 years$1,537$930$541$305$168$78
44 years$1,485$886$508$282$153$70
45 years$1,436$845$477$260$139$62
46 years$1,389$806$448$240$126$55
47 years$1,344$770$421$222$114$49
48 years$1,301$735$395$205$104$43
49 years$1,260$702$372$190$94$39
50 years$1,220$670$349$175$86$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,250,000, adding $4,412 every year, while hoping to spend $26,073 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: 66/16/18 Blend
49$1,250,000$1,250,000$1,250,000$1,250,000
50$1,382,051$1,315,801$1,296,426$1,466,842
51$1,495,279$1,352,534$1,312,115$1,560,900
52$1,619,182$1,390,193$1,327,455$1,660,263
53$1,754,822$1,428,795$1,342,408$1,768,251
54$1,903,367$1,468,360$1,356,933$1,885,708
55$2,066,105$1,508,904$1,370,984$2,013,568
56$2,244,453$1,550,445$1,384,517$2,152,854
57$2,439,972$1,593,002$1,397,483$2,304,696
58$2,654,381$1,636,591$1,409,831$2,470,339
59$2,889,574$1,681,231$1,421,507$2,651,152
60$3,147,637$1,726,937$1,432,454$2,848,646
61$3,430,867$1,773,729$1,442,613$3,064,482
62$3,741,796$1,821,621$1,451,920$3,300,492
63$4,083,209$1,870,631$1,460,310$3,558,696
64$4,458,179$1,920,774$1,467,713$3,841,315
65$4,870,088$1,972,067$1,474,056$4,150,800
66$5,322,663$2,024,524$1,479,263$4,489,849
67$5,820,009$2,078,160$1,483,252$4,861,437
68$6,366,649$2,132,989$1,485,940$5,268,838
69$6,967,566$2,189,024$1,487,238$5,715,663
70$7,628,249$2,246,278$1,487,052$6,205,890
71$8,354,747$2,304,762$1,485,284$6,743,901
72$9,153,722$2,364,486$1,481,832$7,334,526
73$10,032,517$2,425,461$1,476,589$7,983,086
74$10,999,220$2,487,695$1,469,441$8,695,444
75$12,062,744$2,551,195$1,460,270$9,478,062
76$13,232,907$2,615,967$1,448,952$10,338,061
77$14,520,529$2,682,015$1,435,358$11,283,285
78$15,937,532$2,749,343$1,419,351$12,322,381
79$17,497,050$2,817,951$1,400,790$13,464,876
80$19,213,557$2,887,838$1,379,523$14,721,268
81$21,102,999$2,959,001$1,355,397$16,103,127
82$23,182,948$3,031,436$1,328,246$17,623,203
83$25,472,767$3,105,134$1,297,901$19,295,544
84$27,993,790$3,180,086$1,264,181$21,135,632
85$30,769,525$3,256,279$1,226,900$23,160,530
86$33,825,877$3,333,697$1,185,861$25,389,039
87$37,191,390$3,412,321$1,140,861$27,841,879
88$40,897,516$3,492,129$1,091,684$30,541,882
89$44,978,913$3,573,095$1,038,106$33,514,210
90$49,473,774$3,655,188$979,894$36,786,591
91$54,424,181$3,738,374$916,803$40,389,585
92$59,876,509$3,822,616$848,577$44,356,864
93$65,881,857$3,907,868$774,948$48,725,538
94$72,496,536$3,994,083$695,638$53,536,504
95$79,782,596$4,081,207$610,356$58,834,828
96$87,808,414$4,169,179$518,796$64,670,176
97$96,649,337$4,257,934$420,640$71,097,279
98$106,388,394$4,347,398$315,557$78,176,453
99$117,117,082$4,437,492$203,200$85,974,167
100$128,936,224$4,528,128$83,206$94,563,669