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

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 $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%17.4%
1 years$103,224$102,304$101,407$100,532$99,677$96,680
2 years$51,101$50,149$49,227$48,333$47,465$44,471
3 years$33,729$32,773$31,853$30,967$30,114$27,216
4 years$25,045$24,092$23,181$22,310$21,477$18,699
5 years$19,835$18,888$17,989$17,136$16,327$13,675
6 years$16,364$15,424$14,538$13,704$12,919$10,395
7 years$13,885$12,953$12,081$11,267$10,506$8,112
8 years$12,027$11,103$10,246$9,451$8,716$6,449
9 years$10,582$9,667$8,825$8,051$7,340$5,198
10 years$9,427$8,521$7,694$6,940$6,254$4,233
11 years$8,483$7,586$6,773$6,040$5,379$3,476
12 years$7,696$6,809$6,011$5,298$4,661$2,873
13 years$7,031$6,153$5,371$4,677$4,065$2,387
14 years$6,462$5,593$4,825$4,152$3,563$1,991
15 years$5,969$5,109$4,357$3,703$3,137$1,667
16 years$5,538$4,688$3,950$3,315$2,773$1,399
17 years$5,158$4,317$3,594$2,979$2,458$1,177
18 years$4,821$3,989$3,281$2,684$2,186$993
19 years$4,519$3,697$3,004$2,426$1,948$838
20 years$4,248$3,436$2,757$2,197$1,740$709
21 years$4,004$3,200$2,536$1,994$1,557$600
22 years$3,781$2,987$2,337$1,813$1,396$508
23 years$3,579$2,794$2,158$1,651$1,253$431
24 years$3,393$2,618$1,996$1,506$1,126$366
25 years$3,223$2,457$1,848$1,375$1,014$311
26 years$3,066$2,309$1,714$1,257$913$264
27 years$2,921$2,173$1,592$1,151$823$224
28 years$2,786$2,047$1,480$1,054$743$191
29 years$2,661$1,931$1,377$967$671$162
30 years$2,544$1,824$1,283$887$606$138
31 years$2,436$1,724$1,196$815$548$117
32 years$2,334$1,632$1,116$749$496$100
33 years$2,239$1,545$1,042$689$448$85
34 years$2,149$1,464$973$634$406$72
35 years$2,065$1,389$910$583$368$62
36 years$1,985$1,318$851$537$333$52
37 years$1,910$1,252$797$495$302$45
38 years$1,840$1,190$746$456$274$38
39 years$1,772$1,132$699$421$248$32
40 years$1,709$1,077$655$388$225$28
41 years$1,649$1,025$614$358$204$23
42 years$1,591$976$576$330$185$20
43 years$1,537$930$541$305$168$17
44 years$1,485$886$508$282$153$14
45 years$1,436$845$477$260$139$12
46 years$1,389$806$448$240$126$11
47 years$1,344$770$421$222$114$9
48 years$1,301$735$395$205$104$8
49 years$1,260$702$372$190$94$6
50 years$1,220$670$349$175$86$6

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 $4,521 every year, while hoping to spend $22,583 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: 30/42/28 Blend
49$1,250,000$1,250,000$1,250,000$1,250,000
50$1,382,163$1,315,913$1,296,538$1,411,618
51$1,499,116$1,356,365$1,315,944$1,475,458
52$1,627,241$1,398,042$1,335,243$1,541,809
53$1,767,654$1,440,980$1,354,408$1,612,740
54$1,921,583$1,485,217$1,373,410$1,688,667
55$2,090,383$1,530,791$1,392,217$1,770,044
56$2,275,543$1,577,741$1,410,798$1,857,372
57$2,478,706$1,626,108$1,429,117$1,951,202
58$2,701,680$1,675,933$1,447,139$2,052,139
59$2,946,457$1,727,259$1,464,823$2,160,850
60$3,215,231$1,780,130$1,482,130$2,278,068
61$3,510,419$1,834,592$1,499,016$2,404,599
62$3,834,685$1,890,689$1,515,436$2,541,330
63$4,190,961$1,948,471$1,531,341$2,689,240
64$4,582,479$2,007,986$1,546,681$2,849,402
65$5,012,799$2,069,285$1,561,402$3,023,002
66$5,485,843$2,132,419$1,575,448$3,211,341
67$6,005,933$2,197,441$1,588,759$3,415,855
68$6,577,828$2,264,406$1,601,273$3,638,124
69$7,206,775$2,333,370$1,612,924$3,879,887
70$7,898,551$2,404,390$1,623,642$4,143,060
71$8,659,524$2,477,526$1,633,355$4,429,753
72$9,496,709$2,552,838$1,641,986$4,742,290
73$10,417,835$2,630,389$1,649,454$5,083,231
74$11,431,419$2,710,242$1,655,675$5,455,394
75$12,546,843$2,792,464$1,660,560$5,861,886
76$13,774,447$2,877,121$1,664,015$6,306,127
77$15,125,624$2,964,283$1,665,942$6,791,885
78$16,612,925$3,054,021$1,666,239$7,323,311
79$18,250,183$3,146,407$1,664,797$7,904,981
80$20,052,637$3,241,516$1,661,503$8,541,931
81$22,037,080$3,339,425$1,656,238$9,239,714
82$24,222,018$3,440,212$1,648,878$10,004,446
83$26,627,840$3,543,959$1,639,291$10,842,865
84$29,277,014$3,650,747$1,627,342$11,762,396
85$32,194,297$3,760,661$1,612,885$12,771,220
86$35,406,970$3,873,789$1,595,772$13,878,351
87$38,945,096$3,990,219$1,575,845$15,093,721
88$42,841,798$4,110,042$1,552,938$16,428,274
89$47,133,579$4,233,352$1,526,879$17,894,068
90$51,860,663$4,360,245$1,497,488$19,504,392
91$57,067,372$4,490,818$1,464,575$21,273,888
92$62,802,548$4,625,172$1,427,943$23,218,689
93$69,120,013$4,763,411$1,387,384$25,356,574
94$76,079,075$4,905,638$1,342,682$27,707,135
95$83,745,089$5,051,963$1,293,610$30,291,961
96$92,190,073$5,202,495$1,239,932$33,134,840
97$101,493,391$5,357,347$1,181,400$36,261,989
98$111,742,494$5,516,635$1,117,754$39,702,294
99$123,033,754$5,680,476$1,048,725$43,487,591
100$135,473,370$5,848,991$974,029$47,652,960