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%19%
1 years$104,050$103,123$102,219$101,336$100,474$96,832
2 years$51,510$50,550$49,621$48,719$47,845$44,216
3 years$33,999$33,035$32,108$31,215$30,355$26,852
4 years$25,245$24,284$23,366$22,489$21,649$18,300
5 years$19,994$19,039$18,133$17,273$16,457$13,271
6 years$16,495$15,547$14,654$13,814$13,022$10,000
7 years$13,996$13,056$12,178$11,357$10,591$7,733
8 years$12,123$11,192$10,328$9,527$8,786$6,089
9 years$10,667$9,744$8,895$8,115$7,399$4,860
10 years$9,502$8,589$7,755$6,995$6,304$3,919
11 years$8,551$7,646$6,827$6,088$5,422$3,185
12 years$7,758$6,863$6,059$5,340$4,699$2,604
13 years$7,088$6,202$5,414$4,714$4,097$2,140
14 years$6,514$5,638$4,864$4,185$3,592$1,766
15 years$6,017$5,150$4,392$3,732$3,162$1,461
16 years$5,582$4,725$3,982$3,342$2,795$1,213
17 years$5,199$4,352$3,623$3,003$2,478$1,008
18 years$4,859$4,021$3,307$2,706$2,203$840
19 years$4,555$3,727$3,028$2,445$1,964$701
20 years$4,282$3,463$2,779$2,214$1,754$585
21 years$4,036$3,226$2,556$2,010$1,570$489
22 years$3,811$3,011$2,356$1,827$1,407$410
23 years$3,607$2,816$2,175$1,664$1,263$343
24 years$3,420$2,639$2,012$1,518$1,135$287
25 years$3,248$2,476$1,863$1,386$1,022$241
26 years$3,090$2,327$1,728$1,267$920$202
27 years$2,944$2,190$1,605$1,160$830$169
28 years$2,808$2,064$1,492$1,063$749$142
29 years$2,682$1,947$1,388$975$676$119
30 years$2,565$1,839$1,293$895$611$100
31 years$2,455$1,738$1,205$822$552$84
32 years$2,353$1,645$1,125$755$500$71
33 years$2,256$1,558$1,050$694$452$59
34 years$2,166$1,476$981$639$409$50
35 years$2,081$1,400$917$588$371$42
36 years$2,001$1,329$858$542$336$35
37 years$1,926$1,262$803$499$304$30
38 years$1,854$1,200$752$460$276$25
39 years$1,787$1,141$705$424$250$21
40 years$1,723$1,085$660$391$227$18
41 years$1,662$1,033$619$361$206$15
42 years$1,604$984$581$333$187$12
43 years$1,549$937$545$307$170$10
44 years$1,497$894$512$284$154$9
45 years$1,447$852$480$262$140$7
46 years$1,400$813$451$242$127$6
47 years$1,355$776$424$224$115$5
48 years$1,311$740$398$207$105$4
49 years$1,270$707$374$191$95$4
50 years$1,230$675$352$177$86$3

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 $3,731 every year, while hoping to spend $37,269 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: 48/28/24 Blend
49$1,260,000$1,260,000$1,260,000$1,260,000
50$1,392,369$1,325,589$1,306,059$1,449,542
51$1,494,736$1,350,888$1,310,158$1,515,214
52$1,606,296$1,376,179$1,313,145$1,582,483
53$1,727,947$1,401,420$1,314,944$1,654,782
54$1,860,677$1,426,569$1,315,474$1,732,604
55$2,005,575$1,451,580$1,314,651$1,816,488
56$2,163,838$1,476,402$1,312,386$1,907,031
57$2,336,785$1,500,981$1,308,587$2,004,894
58$2,525,869$1,525,261$1,303,156$2,110,802
59$2,732,687$1,549,178$1,295,991$2,225,558
60$2,958,999$1,572,666$1,286,985$2,350,047
61$3,206,744$1,595,654$1,276,026$2,485,245
62$3,478,056$1,618,065$1,262,997$2,632,229
63$3,775,285$1,639,817$1,247,775$2,792,189
64$4,101,019$1,660,823$1,230,230$2,966,435
65$4,458,108$1,680,989$1,210,228$3,156,415
66$4,849,692$1,700,214$1,187,628$3,363,725
67$5,279,229$1,718,393$1,162,281$3,590,126
68$5,750,527$1,735,410$1,134,034$3,837,560
69$6,267,780$1,751,146$1,102,724$4,108,172
70$6,835,611$1,765,469$1,068,183$4,404,326
71$7,459,109$1,778,242$1,030,232$4,728,629
72$8,143,881$1,789,319$988,688$5,083,959
73$8,896,104$1,798,543$943,356$5,473,489
74$9,722,582$1,805,747$894,034$5,900,720
75$10,630,812$1,810,755$840,511$6,369,513
76$11,629,052$1,813,380$782,566$6,884,126
77$12,726,401$1,813,420$719,967$7,449,256
78$13,932,881$1,810,665$652,473$8,070,084
79$15,259,537$1,804,889$579,832$8,752,321
80$16,718,534$1,795,854$501,781$9,502,269
81$18,323,279$1,783,305$418,045$10,326,877
82$20,088,541$1,766,974$328,337$11,233,805
83$22,030,592$1,746,576$232,357$12,231,506
84$24,167,363$1,721,809$129,791$13,329,295
85$26,518,608$1,692,352$20,313$14,537,449
86$29,106,095$1,657,866$0$15,867,296
87$31,953,807$1,617,992$0$17,356,047
88$35,088,171$1,572,349$0$18,999,917
89$38,538,305$1,520,534$0$20,808,983
90$42,336,293$1,462,122$0$22,800,091
91$46,517,489$1,396,660$0$24,991,806
92$51,120,848$1,323,672$0$27,404,595
93$56,189,295$1,242,652$0$30,061,014
94$61,770,129$1,153,068$0$32,985,924
95$67,915,468$1,054,353$0$36,206,728
96$74,682,742$945,913$0$39,753,627
97$82,135,234$827,115$0$43,659,910
98$90,342,679$697,295$0$47,962,266
99$99,381,917$555,747$0$52,701,135
100$109,337,622$401,729$0$57,921,085