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%11.9%
1 years$103,224$102,304$101,407$100,532$99,677$98,883
2 years$51,101$50,149$49,227$48,333$47,465$46,665
3 years$33,729$32,773$31,853$30,967$30,114$29,332
4 years$25,045$24,092$23,181$22,310$21,477$20,720
5 years$19,835$18,888$17,989$17,136$16,327$15,596
6 years$16,364$15,424$14,538$13,704$12,919$12,216
7 years$13,885$12,953$12,081$11,267$10,506$9,831
8 years$12,027$11,103$10,246$9,451$8,716$8,069
9 years$10,582$9,667$8,825$8,051$7,340$6,721
10 years$9,427$8,521$7,694$6,940$6,254$5,662
11 years$8,483$7,586$6,773$6,040$5,379$4,814
12 years$7,696$6,809$6,011$5,298$4,661$4,122
13 years$7,031$6,153$5,371$4,677$4,065$3,552
14 years$6,462$5,593$4,825$4,152$3,563$3,075
15 years$5,969$5,109$4,357$3,703$3,137$2,674
16 years$5,538$4,688$3,950$3,315$2,773$2,333
17 years$5,158$4,317$3,594$2,979$2,458$2,042
18 years$4,821$3,989$3,281$2,684$2,186$1,792
19 years$4,519$3,697$3,004$2,426$1,948$1,576
20 years$4,248$3,436$2,757$2,197$1,740$1,388
21 years$4,004$3,200$2,536$1,994$1,557$1,225
22 years$3,781$2,987$2,337$1,813$1,396$1,083
23 years$3,579$2,794$2,158$1,651$1,253$958
24 years$3,393$2,618$1,996$1,506$1,126$849
25 years$3,223$2,457$1,848$1,375$1,014$753
26 years$3,066$2,309$1,714$1,257$913$668
27 years$2,921$2,173$1,592$1,151$823$594
28 years$2,786$2,047$1,480$1,054$743$528
29 years$2,661$1,931$1,377$967$671$469
30 years$2,544$1,824$1,283$887$606$418
31 years$2,436$1,724$1,196$815$548$372
32 years$2,334$1,632$1,116$749$496$331
33 years$2,239$1,545$1,042$689$448$295
34 years$2,149$1,464$973$634$406$263
35 years$2,065$1,389$910$583$368$235
36 years$1,985$1,318$851$537$333$209
37 years$1,910$1,252$797$495$302$187
38 years$1,840$1,190$746$456$274$166
39 years$1,772$1,132$699$421$248$149
40 years$1,709$1,077$655$388$225$133
41 years$1,649$1,025$614$358$204$118
42 years$1,591$976$576$330$185$106
43 years$1,537$930$541$305$168$94
44 years$1,485$886$508$282$153$84
45 years$1,436$845$477$260$139$75
46 years$1,389$806$448$240$126$67
47 years$1,344$770$421$222$114$60
48 years$1,301$735$395$205$104$54
49 years$1,260$702$372$190$94$48
50 years$1,220$670$349$175$86$43

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 $3,274 every year, while hoping to spend $51,444 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: 78/15/7 Blend
49$1,250,000$1,250,000$1,250,000$1,250,000
50$1,380,877$1,314,627$1,295,252$1,487,207
51$1,466,991$1,324,308$1,283,907$1,567,116
52$1,560,163$1,332,739$1,270,458$1,647,711
53$1,661,061$1,339,804$1,254,779$1,734,575
54$1,770,416$1,345,381$1,236,741$1,828,309
55$1,889,033$1,349,340$1,216,207$1,929,573
56$2,017,797$1,351,540$1,193,032$2,039,098
57$2,157,682$1,351,834$1,167,068$2,157,684
58$2,309,758$1,350,067$1,138,157$2,286,218
59$2,475,203$1,346,070$1,106,135$2,425,674
60$2,655,314$1,339,668$1,070,831$2,577,126
61$2,851,517$1,330,673$1,032,065$2,741,758
62$3,065,382$1,318,885$989,649$2,920,874
63$3,298,636$1,304,096$943,387$3,115,912
64$3,553,180$1,286,079$893,074$3,328,457
65$3,831,107$1,264,600$838,495$3,560,254
66$4,134,721$1,239,407$779,425$3,813,228
67$4,466,558$1,210,233$715,632$4,089,502
68$4,829,410$1,176,798$646,869$4,391,412
69$5,226,353$1,138,804$572,881$4,721,538
70$5,660,770$1,095,934$493,402$5,082,719
71$6,136,390$1,047,856$408,152$5,478,087
72$6,657,316$994,216$316,840$5,911,095
73$7,228,071$934,641$219,162$6,385,547
74$7,853,631$868,735$114,801$6,905,638
75$8,539,479$796,081$3,425$7,475,990
76$9,291,655$716,238$0$8,101,701
77$10,116,808$628,738$0$8,797,009
78$11,022,266$533,090$0$9,560,319
79$12,016,097$428,771$0$10,398,229
80$13,107,190$315,231$0$11,318,293
81$14,305,335$191,890$0$12,328,835
82$15,621,320$58,134$0$13,439,030
83$17,067,026$0$0$14,658,990
84$18,655,543$0$0$16,014,166
85$20,401,290$0$0$17,514,067
86$22,320,154$0$0$19,162,750
87$24,429,637$0$0$20,975,261
88$26,749,021$0$0$22,968,171
89$29,299,550$0$0$25,159,741
90$32,104,631$0$0$27,570,090
91$35,190,050$0$0$30,221,381
92$38,584,221$0$0$33,138,037
93$42,318,448$0$0$36,346,966
94$46,427,223$0$0$39,877,814
95$50,948,551$0$0$43,763,247
96$55,924,305$0$0$48,039,259
97$61,400,624$0$0$52,745,506
98$67,428,348$0$0$57,925,687
99$74,063,492$0$0$63,627,952
100$81,367,781$0$0$69,905,353