Can I retire at age 50 with 1,270,000?

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$104,875$103,941$103,030$102,140$101,272$98,504
2 years$51,919$50,952$50,014$49,106$48,225$45,456
3 years$34,269$33,297$32,363$31,463$30,596$27,914
4 years$25,445$24,477$23,552$22,667$21,821$19,246
5 years$20,153$19,190$18,277$17,410$16,588$14,127
6 years$16,625$15,670$14,771$13,923$13,126$10,780
7 years$14,107$13,160$12,274$11,447$10,675$8,446
8 years$12,219$11,281$10,410$9,603$8,856$6,742
9 years$10,751$9,822$8,966$8,179$7,458$5,457
10 years$9,578$8,657$7,817$7,051$6,354$4,464
11 years$8,618$7,707$6,882$6,136$5,465$3,682
12 years$7,819$6,918$6,107$5,382$4,736$3,057
13 years$7,144$6,251$5,456$4,752$4,130$2,552
14 years$6,565$5,682$4,903$4,218$3,620$2,139
15 years$6,064$5,191$4,426$3,762$3,187$1,800
16 years$5,627$4,763$4,013$3,368$2,817$1,518
17 years$5,241$4,386$3,652$3,026$2,498$1,284
18 years$4,898$4,053$3,334$2,727$2,221$1,088
19 years$4,592$3,756$3,052$2,464$1,980$924
20 years$4,316$3,491$2,801$2,232$1,768$785
21 years$4,068$3,251$2,576$2,026$1,582$668
22 years$3,842$3,035$2,374$1,842$1,418$569
23 years$3,636$2,839$2,192$1,677$1,273$485
24 years$3,447$2,660$2,028$1,530$1,144$414
25 years$3,274$2,496$1,878$1,397$1,030$354
26 years$3,115$2,346$1,742$1,277$928$302
27 years$2,967$2,208$1,617$1,169$836$258
28 years$2,831$2,080$1,503$1,071$755$221
29 years$2,704$1,962$1,399$982$681$189
30 years$2,585$1,853$1,303$902$616$162
31 years$2,475$1,752$1,215$828$557$138
32 years$2,371$1,658$1,134$761$503$118
33 years$2,274$1,570$1,058$700$456$101
34 years$2,183$1,488$989$644$413$87
35 years$2,098$1,411$925$593$374$74
36 years$2,017$1,339$865$546$339$64
37 years$1,941$1,272$810$503$307$54
38 years$1,869$1,209$758$464$278$47
39 years$1,801$1,150$710$427$252$40
40 years$1,736$1,094$666$394$229$34
41 years$1,675$1,041$624$364$208$29
42 years$1,617$992$586$336$188$25
43 years$1,562$945$549$310$171$22
44 years$1,509$901$516$286$155$18
45 years$1,459$859$484$264$141$16
46 years$1,411$819$455$244$128$14
47 years$1,365$782$427$226$116$12
48 years$1,322$746$402$208$105$10
49 years$1,280$713$377$193$96$9
50 years$1,240$681$355$178$87$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,270,000, adding $2,481 every year, while hoping to spend $46,180 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: 68/13/19 Blend
49$1,270,000$1,270,000$1,270,000$1,270,000
50$1,402,099$1,334,789$1,315,104$1,490,733
51$1,495,978$1,351,059$1,310,025$1,566,547
52$1,597,885$1,366,578$1,303,228$1,643,820
53$1,708,590$1,381,260$1,294,607$1,727,219
54$1,828,940$1,395,016$1,284,050$1,817,342
55$1,959,867$1,407,747$1,271,440$1,914,853
56$2,102,396$1,419,349$1,256,657$2,020,482
57$2,257,656$1,429,713$1,239,570$2,135,034
58$2,426,888$1,438,720$1,220,047$2,259,397
59$2,611,459$1,446,246$1,197,947$2,394,552
60$2,812,872$1,452,156$1,173,122$2,541,577
61$3,032,784$1,456,310$1,145,421$2,701,665
62$3,273,015$1,458,558$1,114,680$2,876,128
63$3,535,574$1,458,738$1,080,733$3,066,416
64$3,822,668$1,456,681$1,043,403$3,274,126
65$4,136,729$1,452,207$1,002,505$3,501,021
66$4,480,435$1,445,125$957,849$3,749,041
67$4,856,734$1,435,231$909,232$4,020,332
68$5,268,874$1,422,311$856,444$4,317,254
69$5,720,429$1,406,134$799,266$4,642,413
70$6,215,339$1,386,461$737,467$4,998,682
71$6,757,939$1,363,033$670,807$5,389,230
72$7,353,006$1,335,579$599,037$5,817,549
73$8,005,802$1,303,812$521,894$6,287,491
74$8,722,121$1,267,425$439,104$6,803,304
75$9,508,345$1,226,097$350,382$7,369,671
76$10,371,507$1,179,486$255,430$7,991,755
77$11,319,350$1,127,230$153,937$8,675,251
78$12,360,406$1,068,947$45,576$9,426,435
79$13,504,075$1,004,233$0$10,252,230
80$14,760,709$932,659$0$11,174,470
81$16,141,715$853,773$0$12,198,148
82$17,659,660$767,097$0$13,323,367
83$19,328,386$672,127$0$14,560,430
84$21,163,147$568,327$0$15,920,694
85$23,180,747$455,133$0$17,416,674
86$25,399,699$331,951$0$19,062,162
87$27,840,402$198,150$0$20,872,357
88$30,525,329$53,065$0$22,864,009
89$33,479,242$0$0$25,055,576
90$36,729,426$0$0$27,482,282
91$40,305,939$0$0$30,161,078
92$44,241,906$0$0$33,109,193
93$48,573,822$0$0$36,353,973
94$53,341,898$0$0$39,925,552
95$58,590,446$0$0$43,857,132
96$64,368,287$0$0$48,185,296
97$70,729,218$0$0$52,950,358
98$77,732,519$0$0$58,196,735
99$85,443,507$0$0$63,973,375
100$93,934,158$0$0$70,334,210