Can I retire at age 50 with 1,290,000?

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 $1,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$106,527$105,578$104,652$103,749$102,866$99,059
2 years$52,736$51,754$50,802$49,879$48,984$45,191
3 years$34,808$33,822$32,872$31,958$31,077$27,418
4 years$25,846$24,863$23,923$23,024$22,165$18,667
5 years$20,470$19,493$18,565$17,685$16,849$13,523
6 years$16,887$15,917$15,003$14,143$13,332$10,179
7 years$14,329$13,367$12,468$11,627$10,843$7,862
8 years$12,411$11,458$10,574$9,754$8,995$6,184
9 years$10,921$9,976$9,107$8,308$7,575$4,929
10 years$9,729$8,794$7,940$7,162$6,454$3,970
11 years$8,754$7,829$6,990$6,233$5,551$3,222
12 years$7,943$7,026$6,203$5,467$4,810$2,631
13 years$7,256$6,350$5,542$4,827$4,195$2,159
14 years$6,669$5,772$4,980$4,284$3,677$1,779
15 years$6,160$5,273$4,496$3,821$3,238$1,470
16 years$5,715$4,838$4,076$3,421$2,861$1,218
17 years$5,323$4,455$3,709$3,074$2,537$1,012
18 years$4,975$4,117$3,386$2,770$2,256$841
19 years$4,664$3,815$3,100$2,503$2,011$701
20 years$4,384$3,545$2,845$2,267$1,796$585
21 years$4,132$3,302$2,617$2,058$1,607$488
22 years$3,902$3,083$2,412$1,871$1,441$408
23 years$3,693$2,883$2,227$1,704$1,293$341
24 years$3,502$2,701$2,059$1,554$1,162$285
25 years$3,326$2,535$1,907$1,419$1,046$239
26 years$3,164$2,383$1,769$1,298$942$200
27 years$3,014$2,242$1,643$1,188$849$167
28 years$2,875$2,113$1,527$1,088$766$140
29 years$2,746$1,993$1,421$998$692$117
30 years$2,626$1,882$1,324$916$625$98
31 years$2,514$1,780$1,234$841$565$83
32 years$2,409$1,684$1,151$773$511$69
33 years$2,310$1,595$1,075$711$463$58
34 years$2,218$1,511$1,004$654$419$49
35 years$2,131$1,433$939$602$380$41
36 years$2,049$1,361$879$555$344$34
37 years$1,971$1,292$822$511$312$29
38 years$1,898$1,228$770$471$283$24
39 years$1,829$1,168$721$434$256$20
40 years$1,764$1,111$676$400$232$17
41 years$1,701$1,058$634$370$211$14
42 years$1,642$1,007$595$341$191$12
43 years$1,586$960$558$315$174$10
44 years$1,533$915$524$291$158$8
45 years$1,482$872$492$268$143$7
46 years$1,433$832$462$248$130$6
47 years$1,387$794$434$229$118$5
48 years$1,342$758$408$212$107$4
49 years$1,300$724$383$196$97$3
50 years$1,259$692$360$181$88$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,290,000, adding $4,717 every year, while hoping to spend $30,988 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: 37/41/22 Blend
49$1,290,000$1,290,000$1,290,000$1,290,000
50$1,426,446$1,358,076$1,338,081$1,469,636
51$1,538,972$1,391,650$1,349,935$1,535,120
52$1,661,938$1,425,832$1,361,149$1,602,576
53$1,796,374$1,460,616$1,371,666$1,674,813
54$1,943,419$1,496,001$1,381,431$1,752,280
55$2,104,322$1,531,979$1,390,383$1,835,470
56$2,280,461$1,568,544$1,398,459$1,924,928
57$2,473,353$1,605,689$1,405,594$2,021,255
58$2,684,670$1,643,402$1,411,716$2,125,111
59$2,916,251$1,681,673$1,416,752$2,237,225
60$3,170,122$1,720,488$1,420,627$2,358,400
61$3,448,514$1,759,832$1,423,258$2,489,521
62$3,753,887$1,799,688$1,424,561$2,631,564
63$4,088,946$1,840,036$1,424,447$2,785,603
64$4,456,675$1,880,854$1,422,822$2,952,825
65$4,860,358$1,922,118$1,419,589$3,134,536
66$5,303,613$1,963,800$1,414,643$3,332,176
67$5,790,426$2,005,871$1,407,879$3,547,334
68$6,325,189$2,048,298$1,399,182$3,781,759
69$6,912,737$2,091,044$1,388,434$4,037,382
70$7,558,401$2,134,069$1,375,511$4,316,329
71$8,268,050$2,177,331$1,360,282$4,620,947
72$9,048,151$2,220,781$1,342,613$4,953,822
73$9,905,832$2,264,368$1,322,359$5,317,804
74$10,848,941$2,308,036$1,299,372$5,716,036
75$11,886,127$2,351,724$1,273,495$6,151,982
76$13,026,920$2,395,367$1,244,566$6,629,465
77$14,281,819$2,438,893$1,212,412$7,152,694
78$15,662,392$2,482,226$1,176,855$7,726,312
79$17,181,383$2,525,283$1,137,707$8,355,439
80$18,852,837$2,567,974$1,094,773$9,045,718
81$20,692,226$2,610,204$1,047,847$9,803,371
82$22,716,599$2,651,870$996,716$10,635,255
83$24,944,742$2,692,862$941,155$11,548,932
84$27,397,353$2,733,059$880,932$12,552,738
85$30,097,241$2,772,337$815,801$13,655,863
86$33,069,535$2,810,558$745,506$14,868,436
87$36,341,929$2,847,576$669,782$16,201,626
88$39,944,935$2,883,237$588,349$17,667,744
89$43,912,176$2,917,373$500,916$19,280,362
90$48,280,700$2,949,806$407,179$21,054,441
91$53,091,332$2,980,347$306,820$23,006,472
92$58,389,058$3,008,794$199,509$25,154,636
93$64,223,448$3,034,931$84,898$27,518,974
94$70,649,125$3,058,528$0$30,121,577
95$77,726,280$3,079,340$0$32,995,578
96$85,521,239$3,097,106$0$36,180,876
97$94,107,091$3,111,550$0$39,687,203
98$103,564,374$3,122,376$0$43,547,271
99$113,981,838$3,129,271$0$47,797,129
100$125,457,282$3,131,901$0$52,476,512