Can I retire at age 50 with 10,200,000?

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 $10,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$842,306$834,804$827,484$820,339$813,362$804,199
2 years$416,983$409,217$401,691$394,394$387,315$378,091
3 years$275,228$267,428$259,921$252,692$245,729$236,729
4 years$204,364$196,588$189,156$182,050$175,256$166,550
5 years$161,856$154,127$146,793$139,832$133,227$124,841
6 years$133,527$125,857$118,630$111,825$105,418$97,362
7 years$113,300$105,694$98,582$91,937$85,733$78,010
8 years$98,137$90,599$83,606$77,124$71,124$63,734
9 years$86,349$78,883$72,009$65,692$59,896$52,836
10 years$76,925$69,532$62,779$56,628$51,035$44,300
11 years$69,219$61,900$55,270$49,283$43,892$37,476
12 years$62,802$55,558$49,051$43,228$38,036$31,932
13 years$57,377$50,208$43,824$38,164$33,168$27,370
14 years$52,730$45,638$39,376$33,877$29,075$23,573
15 years$48,707$41,691$35,551$30,213$25,600$20,387
16 years$45,190$38,251$32,232$27,052$22,625$17,691
17 years$42,090$35,227$29,330$24,306$20,061$15,397
18 years$39,337$32,552$26,775$21,905$17,837$13,434
19 years$36,878$30,169$24,511$19,793$15,899$11,746
20 years$34,667$28,034$22,495$17,926$14,201$10,289
21 years$32,669$26,113$20,691$16,269$12,708$9,027
22 years$30,855$24,375$19,070$14,792$11,391$7,931
23 years$29,201$22,798$17,608$13,472$10,225$6,976
24 years$27,688$21,360$16,284$12,287$9,191$6,143
25 years$26,297$20,045$15,082$11,221$8,270$5,414
26 years$25,016$18,839$13,988$10,260$7,450$4,775
27 years$23,831$17,730$12,989$9,391$6,716$4,215
28 years$22,734$16,707$12,075$8,604$6,060$3,723
29 years$21,713$15,761$11,237$7,890$5,472$3,290
30 years$20,763$14,885$10,467$7,241$4,945$2,908
31 years$19,875$14,071$9,758$6,651$4,470$2,572
32 years$19,045$13,314$9,104$6,112$4,044$2,276
33 years$18,267$12,609$8,501$5,621$3,660$2,014
34 years$17,536$11,950$7,943$5,172$3,313$1,783
35 years$16,848$11,334$7,426$4,761$3,001$1,579
36 years$16,200$10,758$6,947$4,384$2,719$1,399
37 years$15,588$10,218$6,502$4,040$2,464$1,239
38 years$15,010$9,710$6,089$3,723$2,234$1,098
39 years$14,463$9,234$5,704$3,433$2,026$973
40 years$13,945$8,785$5,347$3,167$1,838$863
41 years$13,453$8,363$5,014$2,922$1,667$765
42 years$12,986$7,964$4,703$2,696$1,513$678
43 years$12,542$7,588$4,413$2,489$1,373$601
44 years$12,119$7,233$4,142$2,298$1,246$533
45 years$11,716$6,898$3,890$2,122$1,131$473
46 years$11,332$6,580$3,653$1,961$1,027$419
47 years$10,965$6,279$3,432$1,811$933$372
48 years$10,615$5,994$3,225$1,674$847$330
49 years$10,279$5,724$3,032$1,547$769$293
50 years$9,959$5,468$2,850$1,430$699$259

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $10,200,000, adding $5,446 every year, while hoping to spend $56,576 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: 59/25/16 Blend
49$10,200,000$10,200,000$10,200,000$10,200,000
50$11,246,018$10,705,418$10,547,318$11,863,099
51$12,332,915$11,169,787$10,840,456$12,745,152
52$13,528,780$11,655,014$11,141,519$13,699,861
53$14,844,667$12,162,061$11,450,711$14,739,678
54$16,292,757$12,691,936$11,768,244$15,872,821
55$17,886,471$13,245,693$12,094,333$17,108,329
56$19,640,597$13,824,438$12,429,199$18,456,143
57$21,571,430$14,429,328$12,773,070$19,927,199
58$23,696,923$15,061,573$13,126,175$21,533,526
59$26,036,862$15,722,442$13,488,754$23,288,359
60$28,613,043$16,413,264$13,861,049$25,206,260
61$31,449,489$17,135,429$14,243,310$27,303,254
62$34,572,666$17,890,394$14,635,790$29,596,973
63$38,011,741$18,679,686$15,038,751$32,106,823
64$41,798,849$19,504,902$15,452,461$34,854,163
65$45,969,405$20,367,715$15,877,192$37,862,503
66$50,562,431$21,269,879$16,313,224$41,157,718
67$55,620,926$22,213,230$16,760,844$44,768,298
68$61,192,273$23,199,691$17,220,344$48,725,601
69$67,328,684$24,231,276$17,692,026$53,064,153
70$74,087,696$25,310,094$18,176,194$57,821,967
71$81,532,709$26,438,356$18,673,165$63,040,897
72$89,733,587$27,618,378$19,183,257$68,767,028
73$98,767,317$28,852,583$19,706,801$75,051,105
74$108,718,737$30,143,513$20,244,133$81,949,011
75$119,681,332$31,493,829$20,795,595$89,522,282
76$131,758,120$32,906,319$21,361,540$97,838,689
77$145,062,623$34,383,903$21,942,326$106,972,866
78$159,719,939$35,929,642$22,538,322$117,007,014
79$175,867,920$37,546,742$23,149,903$128,031,664
80$193,658,476$39,238,561$23,777,453$140,146,531
81$213,259,008$41,008,618$24,421,365$153,461,442
82$234,853,986$42,860,599$25,082,040$168,097,370
83$258,646,693$44,798,369$25,759,888$184,187,567
84$284,861,140$46,825,973$26,455,329$201,878,811
85$313,744,183$48,947,653$27,168,790$221,332,788
86$345,567,855$51,167,853$27,900,709$242,727,603
87$380,631,926$53,491,228$28,651,533$266,259,459
88$419,266,742$55,922,657$29,421,718$292,144,494
89$461,836,335$58,467,253$30,211,731$320,620,814
90$508,741,864$61,130,371$31,022,048$351,950,727
91$560,425,402$63,917,627$31,853,154$386,423,213
92$617,374,104$66,834,902$32,705,546$424,356,638
93$680,124,811$69,888,361$33,579,730$466,101,743
94$749,269,115$73,084,463$34,476,224$512,044,951
95$825,458,942$76,429,979$35,395,555$562,611,995
96$909,412,709$79,932,004$36,338,261$618,271,924
97$1,001,922,105$83,597,971$37,304,892$679,541,521
98$1,103,859,562$87,435,674$38,296,008$746,990,160
99$1,216,186,494$91,453,279$39,312,181$821,245,169
100$1,339,962,370$95,659,343$40,353,993$902,997,737