Can I retire at age 50 with 10,000,000?

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 $10,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$825,791$818,435$811,258$804,254$797,414$788,103
2 years$408,807$401,194$393,815$386,660$379,721$370,349
3 years$269,831$262,184$254,824$247,737$240,911$231,769
4 years$200,356$192,733$185,447$178,481$171,819$162,978
5 years$158,683$151,105$143,914$137,090$130,614$122,100
6 years$130,909$123,389$116,304$109,632$103,351$95,173
7 years$111,079$103,622$96,649$90,135$84,052$76,214
8 years$96,213$88,823$81,966$75,612$69,729$62,230
9 years$84,656$77,336$70,598$64,404$58,722$51,559
10 years$75,417$68,168$61,549$55,517$50,034$43,203
11 years$67,862$60,686$54,186$48,317$43,031$36,525
12 years$61,571$54,469$48,089$42,380$37,290$31,103
13 years$56,251$49,224$42,964$37,415$32,517$26,641
14 years$51,696$44,743$38,604$33,213$28,505$22,931
15 years$47,752$40,874$34,854$29,620$25,098$19,818
16 years$44,304$37,501$31,600$26,522$22,181$17,186
17 years$41,265$34,537$28,755$23,830$19,668$14,947
18 years$38,566$31,914$26,250$21,475$17,487$13,031
19 years$36,155$29,577$24,030$19,405$15,587$11,386
20 years$33,987$27,484$22,054$17,575$13,923$9,966
21 years$32,028$25,601$20,285$15,950$12,459$8,737
22 years$30,250$23,897$18,696$14,502$11,168$7,670
23 years$28,629$22,351$17,262$13,208$10,025$6,742
24 years$27,145$20,941$15,965$12,046$9,011$5,932
25 years$25,782$19,652$14,787$11,001$8,108$5,224
26 years$24,525$18,470$13,714$10,059$7,304$4,604
27 years$23,364$17,382$12,734$9,207$6,585$4,061
28 years$22,288$16,379$11,838$8,436$5,942$3,583
29 years$21,288$15,452$11,017$7,736$5,365$3,164
30 years$20,356$14,593$10,262$7,099$4,848$2,795
31 years$19,486$13,795$9,567$6,520$4,383$2,470
32 years$18,672$13,053$8,926$5,992$3,965$2,184
33 years$17,909$12,361$8,334$5,510$3,588$1,931
34 years$17,192$11,716$7,787$5,070$3,248$1,708
35 years$16,518$11,112$7,280$4,667$2,942$1,512
36 years$15,882$10,547$6,810$4,298$2,666$1,338
37 years$15,283$10,017$6,374$3,960$2,416$1,184
38 years$14,716$9,520$5,969$3,650$2,190$1,048
39 years$14,180$9,053$5,593$3,366$1,986$928
40 years$13,672$8,613$5,242$3,105$1,802$822
41 years$13,189$8,199$4,915$2,864$1,635$728
42 years$12,731$7,808$4,611$2,643$1,483$645
43 years$12,296$7,439$4,327$2,440$1,346$571
44 years$11,881$7,091$4,061$2,253$1,222$506
45 years$11,486$6,762$3,813$2,081$1,109$449
46 years$11,110$6,451$3,582$1,922$1,007$397
47 years$10,750$6,156$3,365$1,776$914$352
48 years$10,406$5,877$3,162$1,641$830$312
49 years$10,078$5,612$2,972$1,516$754$277
50 years$9,763$5,361$2,794$1,402$685$245

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $10,000,000, adding $2,363 every year, while hoping to spend $22,635 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: 45/34/21 Blend
49$10,000,000$10,000,000$10,000,000$10,000,000
50$11,022,437$10,492,437$10,337,437$11,451,676
51$12,122,643$10,982,483$10,659,658$12,243,826
52$13,334,310$11,495,783$10,991,915$13,099,929
53$14,668,785$12,033,452$11,334,519$14,027,872
54$16,138,569$12,596,659$11,687,794$15,034,341
55$17,757,439$13,186,631$12,052,070$16,126,676
56$19,540,575$13,804,653$12,427,692$17,312,940
57$21,504,704$14,452,072$12,815,010$18,601,983
58$23,668,261$15,130,300$13,214,390$20,003,531
59$26,051,558$15,840,819$13,626,207$21,528,266
60$28,676,979$16,585,182$14,050,847$23,187,926
61$31,569,191$17,365,015$14,488,710$24,995,411
62$34,755,373$18,182,026$14,940,206$26,964,896
63$38,265,479$19,038,003$15,405,761$29,111,966
64$42,132,515$19,934,822$15,885,811$31,453,753
65$46,392,853$20,874,450$16,380,808$34,009,093
66$51,086,575$21,858,949$16,891,215$36,798,699
67$56,257,848$22,890,480$17,417,514$39,845,349
68$61,955,345$23,971,310$17,960,197$43,174,094
69$68,232,702$25,103,816$18,519,775$46,812,492
70$75,149,023$26,290,488$19,096,773$50,790,856
71$82,769,441$27,533,940$19,691,733$55,142,533
72$91,165,732$28,836,911$20,305,213$59,904,216
73$100,416,989$30,202,272$20,937,790$65,116,276
74$110,610,373$31,633,034$21,590,058$70,823,141
75$121,841,934$33,132,356$22,262,628$77,073,699
76$134,217,518$34,703,548$22,956,132$83,921,758
77$147,853,764$36,350,081$23,671,222$91,426,539
78$162,879,207$38,075,595$24,408,567$99,653,226
79$179,435,494$39,883,906$25,168,862$108,673,573
80$197,678,713$41,779,017$25,952,818$118,566,568
81$217,780,876$43,765,123$26,761,172$129,419,166
82$239,931,537$45,846,625$27,594,682$141,327,102
83$264,339,580$48,028,136$28,454,130$154,395,777
84$291,235,198$50,314,495$29,340,324$168,741,244
85$320,872,057$52,710,775$30,254,094$184,491,286
86$353,529,698$55,222,294$31,196,297$201,786,612
87$389,516,172$57,854,631$32,167,818$220,782,164
88$429,170,950$60,613,637$33,169,568$241,648,571
89$472,868,125$63,505,443$34,202,487$264,573,738
90$521,019,947$66,536,483$35,267,543$289,764,603
91$574,080,712$69,713,500$36,365,736$317,449,075
92$632,551,051$73,043,569$37,498,095$347,878,162
93$696,982,660$76,534,105$38,665,683$381,328,328
94$767,983,502$80,192,887$39,869,594$418,104,071
95$846,223,551$84,028,070$41,110,957$458,540,788
96$932,441,115$88,048,208$42,390,937$503,007,907
97$1,027,449,808$92,262,270$43,710,732$551,912,360
98$1,132,146,229$96,679,661$45,071,582$605,702,394
99$1,247,518,425$101,310,245$46,474,761$664,871,776
100$1,374,655,224$106,164,366$47,921,584$729,964,430