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%18.6%
1 years$103,224$102,304$101,407$100,532$99,677$96,217
2 years$51,101$50,149$49,227$48,333$47,465$44,015
3 years$33,729$32,773$31,853$30,967$30,114$26,782
4 years$25,045$24,092$23,181$22,310$21,477$18,289
5 years$19,835$18,888$17,989$17,136$16,327$13,291
6 years$16,364$15,424$14,538$13,704$12,919$10,037
7 years$13,885$12,953$12,081$11,267$10,506$7,779
8 years$12,027$11,103$10,246$9,451$8,716$6,140
9 years$10,582$9,667$8,825$8,051$7,340$4,913
10 years$9,427$8,521$7,694$6,940$6,254$3,972
11 years$8,483$7,586$6,773$6,040$5,379$3,236
12 years$7,696$6,809$6,011$5,298$4,661$2,653
13 years$7,031$6,153$5,371$4,677$4,065$2,186
14 years$6,462$5,593$4,825$4,152$3,563$1,809
15 years$5,969$5,109$4,357$3,703$3,137$1,501
16 years$5,538$4,688$3,950$3,315$2,773$1,249
17 years$5,158$4,317$3,594$2,979$2,458$1,042
18 years$4,821$3,989$3,281$2,684$2,186$871
19 years$4,519$3,697$3,004$2,426$1,948$729
20 years$4,248$3,436$2,757$2,197$1,740$610
21 years$4,004$3,200$2,536$1,994$1,557$512
22 years$3,781$2,987$2,337$1,813$1,396$430
23 years$3,579$2,794$2,158$1,651$1,253$361
24 years$3,393$2,618$1,996$1,506$1,126$303
25 years$3,223$2,457$1,848$1,375$1,014$255
26 years$3,066$2,309$1,714$1,257$913$215
27 years$2,921$2,173$1,592$1,151$823$181
28 years$2,786$2,047$1,480$1,054$743$152
29 years$2,661$1,931$1,377$967$671$128
30 years$2,544$1,824$1,283$887$606$108
31 years$2,436$1,724$1,196$815$548$91
32 years$2,334$1,632$1,116$749$496$77
33 years$2,239$1,545$1,042$689$448$64
34 years$2,149$1,464$973$634$406$54
35 years$2,065$1,389$910$583$368$46
36 years$1,985$1,318$851$537$333$39
37 years$1,910$1,252$797$495$302$33
38 years$1,840$1,190$746$456$274$27
39 years$1,772$1,132$699$421$248$23
40 years$1,709$1,077$655$388$225$19
41 years$1,649$1,025$614$358$204$16
42 years$1,591$976$576$330$185$14
43 years$1,537$930$541$305$168$12
44 years$1,485$886$508$282$153$10
45 years$1,436$845$477$260$139$8
46 years$1,389$806$448$240$126$7
47 years$1,344$770$421$222$114$6
48 years$1,301$735$395$205$104$5
49 years$1,260$702$372$190$94$4
50 years$1,220$670$349$175$86$4

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 $4,765 every year, while hoping to spend $44,526 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: 46/24/30 Blend
49$1,250,000$1,250,000$1,250,000$1,250,000
50$1,382,415$1,316,165$1,296,790$1,433,864
51$1,476,046$1,333,282$1,292,857$1,488,011
52$1,577,735$1,349,745$1,287,300$1,542,083
53$1,688,257$1,365,476$1,280,018$1,599,917
54$1,808,465$1,380,389$1,270,904$1,661,891
55$1,939,295$1,394,396$1,259,846$1,728,422
56$2,081,781$1,407,399$1,246,729$1,799,974
57$2,237,058$1,419,297$1,231,430$1,877,059
58$2,406,376$1,429,980$1,213,821$1,960,243
59$2,591,110$1,439,333$1,193,767$2,050,152
60$2,792,774$1,447,231$1,171,129$2,147,481
61$3,013,036$1,453,543$1,145,760$2,252,995
62$3,253,729$1,458,130$1,117,507$2,367,542
63$3,516,873$1,460,843$1,086,207$2,492,058
64$3,804,693$1,461,523$1,051,694$2,627,579
65$4,119,638$1,460,004$1,013,792$2,775,250
66$4,464,403$1,456,106$972,316$2,936,335
67$4,841,957$1,449,641$927,074$3,112,234
68$5,255,571$1,440,407$877,865$3,304,490
69$5,708,846$1,428,193$824,480$3,514,810
70$6,205,746$1,412,773$766,698$3,745,081
71$6,750,640$1,393,907$704,290$3,997,384
72$7,348,338$1,371,341$637,017$4,274,021
73$8,004,140$1,344,808$564,628$4,577,532
74$8,723,880$1,314,022$486,861$4,910,724
75$9,513,989$1,278,681$403,444$5,276,694
76$10,381,547$1,238,468$314,091$5,678,864
77$11,334,356$1,193,044$218,504$6,121,012
78$12,381,009$1,142,052$116,372$6,607,308
79$13,530,972$1,085,113$7,371$7,142,354
80$14,794,676$1,021,828$0$7,731,232
81$16,183,609$951,774$0$8,414,425
82$17,710,429$874,503$0$9,168,034
83$19,389,082$789,543$0$9,996,646
84$21,234,932$696,394$0$10,907,921
85$23,264,905$594,527$0$11,910,307
86$25,497,652$483,386$0$13,013,116
87$27,953,721$362,380$0$14,226,616
88$30,655,751$230,887$0$15,562,124
89$33,628,686$88,249$0$17,032,120
90$36,900,011$0$0$18,650,359
91$40,500,010$0$0$20,449,497
92$44,462,048$0$0$22,455,389
93$48,822,892$0$0$24,663,364
94$53,623,052$0$0$27,093,954
95$58,907,166$0$0$29,769,785
96$64,724,417$0$0$32,715,786
97$71,129,003$0$0$35,959,428
98$78,180,642$0$0$39,530,980
99$85,945,137$0$0$43,463,797
100$94,494,998$0$0$47,794,631