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

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$104,875$103,941$103,030$102,140$101,272$97,912
2 years$51,919$50,952$50,014$49,106$48,225$44,873
3 years$34,269$33,297$32,363$31,463$30,596$27,356
4 years$25,445$24,477$23,552$22,667$21,821$18,719
5 years$20,153$19,190$18,277$17,410$16,588$13,632
6 years$16,625$15,670$14,771$13,923$13,126$10,318
7 years$14,107$13,160$12,274$11,447$10,675$8,015
8 years$12,219$11,281$10,410$9,603$8,856$6,341
9 years$10,751$9,822$8,966$8,179$7,458$5,086
10 years$9,578$8,657$7,817$7,051$6,354$4,122
11 years$8,618$7,707$6,882$6,136$5,465$3,367
12 years$7,819$6,918$6,107$5,382$4,736$2,768
13 years$7,144$6,251$5,456$4,752$4,130$2,287
14 years$6,565$5,682$4,903$4,218$3,620$1,898
15 years$6,064$5,191$4,426$3,762$3,187$1,580
16 years$5,627$4,763$4,013$3,368$2,817$1,318
17 years$5,241$4,386$3,652$3,026$2,498$1,103
18 years$4,898$4,053$3,334$2,727$2,221$924
19 years$4,592$3,756$3,052$2,464$1,980$776
20 years$4,316$3,491$2,801$2,232$1,768$652
21 years$4,068$3,251$2,576$2,026$1,582$548
22 years$3,842$3,035$2,374$1,842$1,418$462
23 years$3,636$2,839$2,192$1,677$1,273$389
24 years$3,447$2,660$2,028$1,530$1,144$328
25 years$3,274$2,496$1,878$1,397$1,030$277
26 years$3,115$2,346$1,742$1,277$928$234
27 years$2,967$2,208$1,617$1,169$836$197
28 years$2,831$2,080$1,503$1,071$755$167
29 years$2,704$1,962$1,399$982$681$141
30 years$2,585$1,853$1,303$902$616$119
31 years$2,475$1,752$1,215$828$557$101
32 years$2,371$1,658$1,134$761$503$85
33 years$2,274$1,570$1,058$700$456$72
34 years$2,183$1,488$989$644$413$61
35 years$2,098$1,411$925$593$374$51
36 years$2,017$1,339$865$546$339$43
37 years$1,941$1,272$810$503$307$37
38 years$1,869$1,209$758$464$278$31
39 years$1,801$1,150$710$427$252$26
40 years$1,736$1,094$666$394$229$22
41 years$1,675$1,041$624$364$208$19
42 years$1,617$992$586$336$188$16
43 years$1,562$945$549$310$171$13
44 years$1,509$901$516$286$155$11
45 years$1,459$859$484$264$141$10
46 years$1,411$819$455$244$128$8
47 years$1,365$782$427$226$116$7
48 years$1,322$746$402$208$105$6
49 years$1,280$713$377$193$96$5
50 years$1,240$681$355$178$87$4

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 $2,645 every year, while hoping to spend $53,859 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: 56/31/13 Blend
49$1,270,000$1,270,000$1,270,000$1,270,000
50$1,402,268$1,334,958$1,315,273$1,475,987
51$1,487,994$1,343,066$1,302,029$1,534,350
52$1,580,659$1,349,765$1,286,537$1,591,771
53$1,680,913$1,354,931$1,268,663$1,653,061
54$1,789,473$1,358,429$1,248,270$1,718,600
55$1,907,125$1,360,118$1,225,213$1,788,809
56$2,034,734$1,359,846$1,199,339$1,864,151
57$2,173,251$1,357,452$1,170,491$1,945,140
58$2,323,722$1,352,767$1,138,502$2,032,344
59$2,487,299$1,345,610$1,103,199$2,126,391
60$2,665,247$1,335,788$1,064,400$2,227,977
61$2,858,959$1,323,099$1,021,914$2,337,869
62$3,069,969$1,307,327$975,544$2,456,917
63$3,299,962$1,288,242$925,082$2,586,060
64$3,550,796$1,265,604$870,309$2,726,334
65$3,824,513$1,239,154$811,001$2,878,888
66$4,123,363$1,208,622$746,919$3,044,990
67$4,449,821$1,173,720$677,816$3,226,040
68$4,806,613$1,134,143$603,433$3,423,586
69$5,196,739$1,089,567$523,500$3,639,341
70$5,623,504$1,039,653$437,734$3,875,193
71$6,090,544$984,039$345,841$4,133,231
72$6,601,867$922,344$247,514$4,415,762
73$7,161,881$854,163$142,430$4,725,334
74$7,775,446$779,070$30,254$5,064,760
75$8,447,911$696,614$0$5,437,148
76$9,185,167$606,317$0$5,858,340
77$9,993,704$507,676$0$6,325,001
78$10,880,668$400,159$0$6,837,168
79$11,853,933$283,203$0$7,399,516
80$12,922,168$156,215$0$8,017,202
81$14,094,927$18,567$0$8,695,916
82$15,382,730$0$0$9,441,938
83$16,797,167$0$0$10,306,674
84$18,351,007$0$0$11,263,715
85$20,058,316$0$0$12,315,406
86$21,934,588$0$0$13,471,308
87$23,996,896$0$0$14,741,952
88$26,264,045$0$0$16,138,945
89$28,756,757$0$0$17,675,070
90$31,497,860$0$0$19,364,413
91$34,512,505$0$0$21,222,494
92$37,828,402$0$0$23,266,411
93$41,476,082$0$0$25,515,002
94$45,489,185$0$0$27,989,026
95$49,904,775$0$0$30,711,352
96$54,763,689$0$0$33,707,180
97$60,110,925$0$0$37,004,275
98$65,996,060$0$0$40,633,232
99$72,473,725$0$0$44,627,759
100$79,604,113$0$0$49,025,001