Can I retire at age 50 with 1,260,000?

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 $1,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$104,050$103,123$102,219$101,336$100,474$98,125
2 years$51,510$50,550$49,621$48,719$47,845$45,491
3 years$33,999$33,035$32,108$31,215$30,355$28,071
4 years$25,245$24,284$23,366$22,489$21,649$19,452
5 years$19,994$19,039$18,133$17,273$16,457$14,353
6 years$16,495$15,547$14,654$13,814$13,022$11,013
7 years$13,996$13,056$12,178$11,357$10,591$8,677
8 years$12,123$11,192$10,328$9,527$8,786$6,967
9 years$10,667$9,744$8,895$8,115$7,399$5,674
10 years$9,502$8,589$7,755$6,995$6,304$4,670
11 years$8,551$7,646$6,827$6,088$5,422$3,877
12 years$7,758$6,863$6,059$5,340$4,699$3,240
13 years$7,088$6,202$5,414$4,714$4,097$2,723
14 years$6,514$5,638$4,864$4,185$3,592$2,298
15 years$6,017$5,150$4,392$3,732$3,162$1,947
16 years$5,582$4,725$3,982$3,342$2,795$1,654
17 years$5,199$4,352$3,623$3,003$2,478$1,409
18 years$4,859$4,021$3,307$2,706$2,203$1,203
19 years$4,555$3,727$3,028$2,445$1,964$1,029
20 years$4,282$3,463$2,779$2,214$1,754$881
21 years$4,036$3,226$2,556$2,010$1,570$756
22 years$3,811$3,011$2,356$1,827$1,407$649
23 years$3,607$2,816$2,175$1,664$1,263$558
24 years$3,420$2,639$2,012$1,518$1,135$480
25 years$3,248$2,476$1,863$1,386$1,022$413
26 years$3,090$2,327$1,728$1,267$920$356
27 years$2,944$2,190$1,605$1,160$830$306
28 years$2,808$2,064$1,492$1,063$749$264
29 years$2,682$1,947$1,388$975$676$228
30 years$2,565$1,839$1,293$895$611$196
31 years$2,455$1,738$1,205$822$552$169
32 years$2,353$1,645$1,125$755$500$146
33 years$2,256$1,558$1,050$694$452$126
34 years$2,166$1,476$981$639$409$109
35 years$2,081$1,400$917$588$371$94
36 years$2,001$1,329$858$542$336$81
37 years$1,926$1,262$803$499$304$70
38 years$1,854$1,200$752$460$276$61
39 years$1,787$1,141$705$424$250$52
40 years$1,723$1,085$660$391$227$45
41 years$1,662$1,033$619$361$206$39
42 years$1,604$984$581$333$187$34
43 years$1,549$937$545$307$170$29
44 years$1,497$894$512$284$154$25
45 years$1,447$852$480$262$140$22
46 years$1,400$813$451$242$127$19
47 years$1,355$776$424$224$115$16
48 years$1,311$740$398$207$105$14
49 years$1,270$707$374$191$95$12
50 years$1,230$675$352$177$86$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,260,000, adding $4,926 every year, while hoping to spend $30,052 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: 79/12/9 Blend
49$1,260,000$1,260,000$1,260,000$1,260,000
50$1,393,601$1,326,821$1,307,291$1,501,405
51$1,503,773$1,359,860$1,319,110$1,605,892
52$1,624,176$1,393,511$1,330,318$1,716,081
53$1,755,821$1,427,772$1,340,863$1,836,075
54$1,899,821$1,462,640$1,350,689$1,966,838
55$2,057,405$1,498,111$1,359,738$2,109,433
56$2,229,922$1,534,180$1,367,951$2,265,029
57$2,418,859$1,570,840$1,375,263$2,434,914
58$2,625,854$1,608,083$1,381,606$2,620,507
59$2,852,712$1,645,900$1,386,910$2,823,370
60$3,101,419$1,684,278$1,391,101$3,045,225
61$3,374,161$1,723,206$1,394,102$3,287,968
62$3,673,351$1,762,668$1,395,829$3,553,688
63$4,001,641$1,802,647$1,396,197$3,844,684
64$4,361,955$1,843,123$1,395,116$4,163,491
65$4,757,513$1,884,076$1,392,492$4,512,903
66$5,191,864$1,925,480$1,388,225$4,895,994
67$5,668,915$1,967,309$1,382,211$5,316,154
68$6,192,970$2,009,533$1,374,342$5,777,118
69$6,768,773$2,052,120$1,364,502$6,282,999
70$7,401,548$2,095,034$1,352,572$6,838,329
71$8,097,049$2,138,234$1,338,427$7,448,104
72$8,861,619$2,181,679$1,321,936$8,117,826
73$9,702,244$2,225,320$1,302,960$8,853,558
74$10,626,619$2,269,107$1,281,355$9,661,981
75$11,643,225$2,312,985$1,256,972$10,550,457
76$12,761,405$2,356,892$1,229,651$11,527,098
77$13,991,452$2,400,763$1,199,228$12,600,840
78$15,344,708$2,444,528$1,165,530$13,781,534
79$16,833,669$2,488,111$1,128,376$15,080,033
80$18,472,104$2,531,429$1,087,577$16,508,294
81$20,275,183$2,574,393$1,042,935$18,079,496
82$22,259,622$2,616,909$994,244$19,808,161
83$24,443,840$2,658,874$941,288$21,710,290
84$26,848,131$2,700,178$883,840$23,803,516
85$29,494,857$2,740,703$821,665$26,107,272
86$32,408,657$2,780,323$754,516$28,642,968
87$35,616,683$2,818,902$682,135$31,434,202
88$39,148,851$2,856,294$604,253$34,506,975
89$43,038,128$2,892,346$520,589$37,889,941
90$47,320,837$2,926,892$430,850$41,614,677
91$52,037,007$2,959,754$334,727$45,715,978
92$57,230,743$2,990,744$231,903$50,232,189
93$62,950,649$3,019,660$122,041$55,205,567
94$69,250,279$3,046,287$4,794$60,682,677
95$76,188,650$3,070,397$0$66,714,834
96$83,830,791$3,091,747$0$73,370,142
97$92,248,365$3,110,075$0$80,700,607
98$101,520,337$3,125,107$0$88,774,477
99$111,733,722$3,136,549$0$97,667,471
100$122,984,410$3,144,088$0$107,463,028