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

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 $1,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$106,527$105,578$104,652$103,749$102,866$99,020
2 years$52,736$51,754$50,802$49,879$48,984$45,153
3 years$34,808$33,822$32,872$31,958$31,077$27,382
4 years$25,846$24,863$23,923$23,024$22,165$18,633
5 years$20,470$19,493$18,565$17,685$16,849$13,491
6 years$16,887$15,917$15,003$14,143$13,332$10,149
7 years$14,329$13,367$12,468$11,627$10,843$7,834
8 years$12,411$11,458$10,574$9,754$8,995$6,158
9 years$10,921$9,976$9,107$8,308$7,575$4,906
10 years$9,729$8,794$7,940$7,162$6,454$3,949
11 years$8,754$7,829$6,990$6,233$5,551$3,203
12 years$7,943$7,026$6,203$5,467$4,810$2,614
13 years$7,256$6,350$5,542$4,827$4,195$2,143
14 years$6,669$5,772$4,980$4,284$3,677$1,765
15 years$6,160$5,273$4,496$3,821$3,238$1,457
16 years$5,715$4,838$4,076$3,421$2,861$1,207
17 years$5,323$4,455$3,709$3,074$2,537$1,001
18 years$4,975$4,117$3,386$2,770$2,256$832
19 years$4,664$3,815$3,100$2,503$2,011$693
20 years$4,384$3,545$2,845$2,267$1,796$577
21 years$4,132$3,302$2,617$2,058$1,607$482
22 years$3,902$3,083$2,412$1,871$1,441$402
23 years$3,693$2,883$2,227$1,704$1,293$336
24 years$3,502$2,701$2,059$1,554$1,162$281
25 years$3,326$2,535$1,907$1,419$1,046$235
26 years$3,164$2,383$1,769$1,298$942$196
27 years$3,014$2,242$1,643$1,188$849$164
28 years$2,875$2,113$1,527$1,088$766$138
29 years$2,746$1,993$1,421$998$692$115
30 years$2,626$1,882$1,324$916$625$96
31 years$2,514$1,780$1,234$841$565$81
32 years$2,409$1,684$1,151$773$511$68
33 years$2,310$1,595$1,075$711$463$57
34 years$2,218$1,511$1,004$654$419$47
35 years$2,131$1,433$939$602$380$40
36 years$2,049$1,361$879$555$344$33
37 years$1,971$1,292$822$511$312$28
38 years$1,898$1,228$770$471$283$23
39 years$1,829$1,168$721$434$256$20
40 years$1,764$1,111$676$400$232$16
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 $4,972 every year, while hoping to spend $23,962 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: 38/49/13 Blend
49$1,290,000$1,290,000$1,290,000$1,290,000
50$1,426,709$1,358,339$1,338,344$1,475,117
51$1,546,738$1,399,402$1,357,683$1,551,141
52$1,678,206$1,441,674$1,376,867$1,630,555
53$1,822,256$1,485,189$1,395,865$1,715,852
54$1,980,145$1,529,982$1,414,645$1,807,575
55$2,153,257$1,576,088$1,433,173$1,906,314
56$2,343,117$1,623,545$1,451,412$2,012,725
57$2,551,406$1,672,389$1,469,324$2,127,524
58$2,779,972$1,722,659$1,486,870$2,251,499
59$3,030,854$1,774,394$1,504,005$2,385,520
60$3,306,297$1,827,635$1,520,685$2,530,541
61$3,608,773$1,882,423$1,536,862$2,687,613
62$3,941,007$1,938,801$1,552,486$2,857,890
63$4,305,999$1,996,811$1,567,503$3,042,646
64$4,707,055$2,056,499$1,581,859$3,243,279
65$5,147,817$2,117,910$1,595,493$3,461,331
66$5,632,297$2,181,090$1,608,345$3,698,497
67$6,164,914$2,246,087$1,620,348$3,956,643
68$6,750,540$2,312,950$1,631,434$4,237,826
69$7,394,539$2,381,728$1,641,531$4,544,308
70$8,102,823$2,452,473$1,650,562$4,878,580
71$8,881,903$2,525,237$1,658,449$5,243,386
72$9,738,956$2,600,073$1,665,106$5,641,746
73$10,681,889$2,677,035$1,670,446$6,076,989
74$11,719,411$2,756,180$1,674,376$6,552,778
75$12,861,122$2,837,564$1,676,799$7,073,148
76$14,117,597$2,921,245$1,677,612$7,642,546
77$15,500,489$3,007,282$1,676,708$8,265,865
78$17,022,637$3,095,737$1,673,976$8,948,500
79$18,698,188$3,186,671$1,669,297$9,696,391
80$20,542,732$3,280,146$1,662,547$10,516,081
81$22,573,445$3,376,228$1,653,597$11,414,779
82$24,809,255$3,474,981$1,642,310$12,400,427
83$27,271,016$3,576,473$1,628,545$13,481,774
84$29,981,711$3,680,771$1,612,153$14,668,458
85$32,966,662$3,787,945$1,592,976$15,971,098
86$36,253,772$3,898,065$1,570,851$17,401,393
87$39,873,790$4,011,203$1,545,608$18,972,234
88$43,860,596$4,127,432$1,517,066$20,697,822
89$48,251,527$4,246,826$1,485,037$22,593,804
90$53,087,723$4,369,461$1,449,326$24,677,422
91$58,414,519$4,495,413$1,409,727$26,967,672
92$64,281,872$4,624,760$1,366,025$29,485,485
93$70,744,830$4,757,580$1,317,994$32,253,924
94$77,864,056$4,893,954$1,265,399$35,298,400
95$85,706,394$5,033,963$1,207,995$38,646,916
96$94,345,508$5,177,689$1,145,525$42,330,326
97$103,862,569$5,325,215$1,077,719$46,382,628
98$114,347,026$5,476,625$1,004,297$50,841,285
99$125,897,447$5,632,004$924,965$55,747,579
100$138,622,452$5,791,438$839,417$61,146,997