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%11.4%
1 years$825,791$818,435$811,258$804,254$797,414$792,721
2 years$408,807$401,194$393,815$386,660$379,721$374,986
3 years$269,831$262,184$254,824$247,737$240,911$236,281
4 years$200,356$192,733$185,447$178,481$171,819$167,330
5 years$158,683$151,105$143,914$137,090$130,614$126,279
6 years$130,909$123,389$116,304$109,632$103,351$99,175
7 years$111,079$103,622$96,649$90,135$84,052$80,037
8 years$96,213$88,823$81,966$75,612$69,729$65,876
9 years$84,656$77,336$70,598$64,404$58,722$55,030
10 years$75,417$68,168$61,549$55,517$50,034$46,501
11 years$67,862$60,686$54,186$48,317$43,031$39,654
12 years$61,571$54,469$48,089$42,380$37,290$34,066
13 years$56,251$49,224$42,964$37,415$32,517$29,444
14 years$51,696$44,743$38,604$33,213$28,505$25,578
15 years$47,752$40,874$34,854$29,620$25,098$22,314
16 years$44,304$37,501$31,600$26,522$22,181$19,537
17 years$41,265$34,537$28,755$23,830$19,668$17,158
18 years$38,566$31,914$26,250$21,475$17,487$15,109
19 years$36,155$29,577$24,030$19,405$15,587$13,335
20 years$33,987$27,484$22,054$17,575$13,923$11,792
21 years$32,028$25,601$20,285$15,950$12,459$10,446
22 years$30,250$23,897$18,696$14,502$11,168$9,267
23 years$28,629$22,351$17,262$13,208$10,025$8,232
24 years$27,145$20,941$15,965$12,046$9,011$7,322
25 years$25,782$19,652$14,787$11,001$8,108$6,518
26 years$24,525$18,470$13,714$10,059$7,304$5,808
27 years$23,364$17,382$12,734$9,207$6,585$5,180
28 years$22,288$16,379$11,838$8,436$5,942$4,623
29 years$21,288$15,452$11,017$7,736$5,365$4,128
30 years$20,356$14,593$10,262$7,099$4,848$3,688
31 years$19,486$13,795$9,567$6,520$4,383$3,297
32 years$18,672$13,053$8,926$5,992$3,965$2,949
33 years$17,909$12,361$8,334$5,510$3,588$2,638
34 years$17,192$11,716$7,787$5,070$3,248$2,361
35 years$16,518$11,112$7,280$4,667$2,942$2,114
36 years$15,882$10,547$6,810$4,298$2,666$1,893
37 years$15,283$10,017$6,374$3,960$2,416$1,696
38 years$14,716$9,520$5,969$3,650$2,190$1,519
39 years$14,180$9,053$5,593$3,366$1,986$1,361
40 years$13,672$8,613$5,242$3,105$1,802$1,220
41 years$13,189$8,199$4,915$2,864$1,635$1,094
42 years$12,731$7,808$4,611$2,643$1,483$981
43 years$12,296$7,439$4,327$2,440$1,346$879
44 years$11,881$7,091$4,061$2,253$1,222$789
45 years$11,486$6,762$3,813$2,081$1,109$707
46 years$11,110$6,451$3,582$1,922$1,007$634
47 years$10,750$6,156$3,365$1,776$914$569
48 years$10,406$5,877$3,162$1,641$830$510
49 years$10,078$5,612$2,972$1,516$754$458
50 years$9,763$5,361$2,794$1,402$685$411

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 $6,000 every year, while hoping to spend $56,005 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: 52/29/19 Blend
49$10,000,000$10,000,000$10,000,000$10,000,000
50$11,026,189$10,496,189$10,341,189$11,541,685
51$12,091,271$10,950,913$10,628,030$12,351,519
52$13,263,115$11,426,042$10,922,603$13,225,554
53$14,552,551$11,922,516$11,225,108$14,175,028
54$15,971,512$12,441,320$11,535,750$15,207,121
55$17,533,147$12,983,485$11,854,738$16,329,722
56$19,251,943$13,550,092$12,182,288$17,551,504
57$21,143,865$14,142,270$12,518,618$18,882,003
58$23,226,502$14,761,204$12,863,955$20,331,701
59$25,519,236$15,408,134$13,218,528$21,912,130
60$28,043,423$16,084,358$13,582,573$23,635,967
61$30,822,596$16,791,235$13,956,333$25,517,159
62$33,882,685$17,530,189$14,340,054$27,571,047
63$37,252,262$18,302,712$14,733,990$29,814,509
64$40,962,813$19,110,366$15,138,399$32,266,112
65$45,049,032$19,954,785$15,553,547$34,946,286
66$49,549,147$20,837,683$15,979,704$37,877,514
67$54,505,284$21,760,854$16,417,149$41,084,536
68$59,963,865$22,726,178$16,866,165$44,594,580
69$65,976,041$23,735,622$17,327,043$48,437,615
70$72,598,178$24,791,248$17,800,080$52,646,626
71$79,892,389$25,895,217$18,285,580$57,257,924
72$87,927,120$27,049,790$18,783,854$62,311,479
73$96,777,794$28,257,336$19,295,220$67,851,296
74$106,527,522$29,520,339$19,820,004$73,925,820
75$117,267,892$30,841,398$20,358,536$80,588,392
76$129,099,828$32,223,238$20,911,159$87,897,741
77$142,134,546$33,668,712$21,478,218$95,918,535
78$156,494,601$35,180,811$22,060,070$104,721,981
79$172,315,046$36,762,666$22,657,077$114,386,495
80$189,744,702$38,417,558$23,269,611$124,998,430
81$208,947,569$40,148,926$23,898,051$136,652,883
82$230,104,370$41,960,372$24,542,784$149,454,589
83$253,414,254$43,855,669$25,204,206$163,518,896
84$279,096,683$45,838,772$25,882,722$178,972,844
85$307,393,497$47,913,823$26,578,745$195,956,360
86$338,571,197$50,085,164$27,292,696$214,623,565
87$372,923,465$52,357,343$28,025,007$235,144,218
88$410,773,931$54,735,126$28,776,118$257,705,308
89$452,479,231$57,223,506$29,546,478$282,512,811
90$498,432,373$59,827,718$30,336,544$309,793,616
91$549,066,443$62,553,244$31,146,787$339,797,663
92$604,858,698$65,405,831$31,977,682$372,800,279
93$666,335,069$68,391,501$32,829,718$409,104,772
94$734,075,124$71,516,562$33,703,392$449,045,275
95$808,717,543$74,787,629$34,599,211$492,989,890
96$890,966,140$78,211,631$35,517,693$541,344,140
97$981,596,516$81,795,831$36,459,365$594,554,790
98$1,081,463,373$85,547,839$37,424,766$653,114,038
99$1,191,508,586$89,475,632$38,414,444$717,564,152
100$1,312,770,092$93,587,569$39,428,959$788,502,566