Can I retire at age 50 with 1,280,000?

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 $1,280,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$105,701$104,760$103,841$102,944$102,069$101,511
2 years$52,327$51,353$50,408$49,493$48,604$48,041
3 years$34,538$33,560$32,618$31,710$30,837$30,286
4 years$25,646$24,670$23,737$22,846$21,993$21,459
5 years$20,311$19,341$18,421$17,548$16,719$16,203
6 years$16,756$15,794$14,887$14,033$13,229$12,732
7 years$14,218$13,264$12,371$11,537$10,759$10,281
8 years$12,315$11,369$10,492$9,678$8,925$8,466
9 years$10,836$9,899$9,036$8,244$7,516$7,077
10 years$9,653$8,726$7,878$7,106$6,404$5,983
11 years$8,686$7,768$6,936$6,185$5,508$5,106
12 years$7,881$6,972$6,155$5,425$4,773$4,389
13 years$7,200$6,301$5,499$4,789$4,162$3,796
14 years$6,617$5,727$4,941$4,251$3,649$3,300
15 years$6,112$5,232$4,461$3,791$3,212$2,880
16 years$5,671$4,800$4,045$3,395$2,839$2,524
17 years$5,282$4,421$3,681$3,050$2,517$2,218
18 years$4,936$4,085$3,360$2,749$2,238$1,954
19 years$4,628$3,786$3,076$2,484$1,995$1,726
20 years$4,350$3,518$2,823$2,250$1,782$1,527
21 years$4,100$3,277$2,596$2,042$1,595$1,354
22 years$3,872$3,059$2,393$1,856$1,429$1,202
23 years$3,664$2,861$2,210$1,691$1,283$1,069
24 years$3,475$2,680$2,043$1,542$1,153$951
25 years$3,300$2,515$1,893$1,408$1,038$848
26 years$3,139$2,364$1,755$1,288$935$756
27 years$2,991$2,225$1,630$1,179$843$675
28 years$2,853$2,097$1,515$1,080$761$603
29 years$2,725$1,978$1,410$990$687$538
30 years$2,606$1,868$1,313$909$621$481
31 years$2,494$1,766$1,225$835$561$431
32 years$2,390$1,671$1,142$767$507$386
33 years$2,292$1,582$1,067$705$459$345
34 years$2,201$1,500$997$649$416$309
35 years$2,114$1,422$932$597$377$277
36 years$2,033$1,350$872$550$341$248
37 years$1,956$1,282$816$507$309$223
38 years$1,884$1,219$764$467$280$200
39 years$1,815$1,159$716$431$254$179
40 years$1,750$1,102$671$397$231$161
41 years$1,688$1,049$629$367$209$144
42 years$1,630$999$590$338$190$129
43 years$1,574$952$554$312$172$116
44 years$1,521$908$520$288$156$104
45 years$1,470$866$488$266$142$94
46 years$1,422$826$458$246$129$84
47 years$1,376$788$431$227$117$75
48 years$1,332$752$405$210$106$68
49 years$1,290$718$380$194$97$61
50 years$1,250$686$358$179$88$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,280,000, adding $2,015 every year, while hoping to spend $57,791 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: 37/46/17 Blend
49$1,280,000$1,280,000$1,280,000$1,280,000
50$1,412,638$1,344,798$1,324,958$1,457,560
51$1,495,238$1,349,204$1,307,855$1,494,554
52$1,584,327$1,351,889$1,288,242$1,528,856
53$1,680,504$1,352,708$1,265,975$1,564,686
54$1,784,431$1,351,506$1,240,900$1,602,211
55$1,896,832$1,348,119$1,212,859$1,641,621
56$2,018,505$1,342,373$1,181,687$1,683,128
57$2,150,328$1,334,084$1,147,208$1,726,969
58$2,293,263$1,323,056$1,109,241$1,773,411
59$2,448,371$1,309,081$1,067,596$1,822,753
60$2,616,818$1,291,939$1,022,074$1,875,330
61$2,799,885$1,271,397$972,465$1,931,514
62$2,998,985$1,247,206$918,554$1,991,724
63$3,215,668$1,219,106$860,112$2,056,427
64$3,451,642$1,186,819$796,903$2,126,143
65$3,708,788$1,150,051$728,677$2,201,454
66$3,989,172$1,108,491$655,175$2,283,007
67$4,295,071$1,061,810$576,127$2,371,524
68$4,628,990$1,009,661$491,249$2,467,809
69$4,993,688$951,675$400,247$2,572,758
70$5,392,199$887,463$302,810$2,687,367
71$5,827,868$816,612$198,618$2,812,742
72$6,304,372$738,688$87,334$2,950,117
73$6,825,766$653,231$0$3,100,859
74$7,396,509$559,755$0$3,272,189
75$8,021,515$457,746$0$3,477,371
76$8,706,195$346,660$0$3,702,492
77$9,456,506$225,926$0$3,949,704
78$10,279,011$94,938$0$4,221,389
79$11,180,937$0$0$4,520,185
80$12,170,243$0$0$4,872,775
81$13,255,697$0$0$5,312,538
82$14,446,957$0$0$5,795,354
83$15,754,659$0$0$6,325,556
84$17,190,521$0$0$6,907,919
85$18,767,451$0$0$7,547,705
86$20,499,667$0$0$8,250,706
87$22,402,836$0$0$9,023,307
88$24,494,211$0$0$9,872,541
89$26,792,805$0$0$10,806,155
90$29,319,561$0$0$11,832,687
91$32,097,554$0$0$12,961,541
92$35,152,205$0$0$14,203,078
93$38,511,523$0$0$15,568,715
94$42,206,366$0$0$17,071,030
95$46,270,732$0$0$18,723,882
96$50,742,083$0$0$20,542,540
97$55,661,691$0$0$22,543,829
98$61,075,032$0$0$24,746,287
99$67,032,213$0$0$27,170,340
100$73,588,444$0$0$29,838,495