Can I retire at age 50 with 10,300,000?

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 $10,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$850,564$842,988$835,596$828,381$821,336$802,459
2 years$421,071$413,229$405,629$398,260$391,113$372,198
3 years$277,926$270,050$262,469$255,169$248,138$229,777
4 years$206,367$198,515$191,010$183,835$176,974$159,308
5 years$163,443$155,638$148,232$141,203$134,533$117,612
6 years$134,836$127,090$119,793$112,921$106,451$90,293
7 years$114,411$106,730$99,549$92,839$86,573$71,180
8 years$99,099$91,488$84,425$77,880$71,821$57,186
9 years$87,196$79,656$72,715$66,337$60,484$46,596
10 years$77,679$70,213$63,395$57,183$51,535$38,380
11 years$69,898$62,507$55,812$49,766$44,322$31,882
12 years$63,418$56,103$49,532$43,652$38,408$26,663
13 years$57,939$50,700$44,253$38,538$33,493$22,421
14 years$53,247$46,085$39,762$34,210$29,360$18,937
15 years$49,184$42,100$35,900$30,509$25,851$16,054
16 years$45,633$38,626$32,548$27,317$22,847$13,651
17 years$42,503$35,573$29,618$24,544$20,258$11,638
18 years$39,723$32,871$27,037$22,120$18,012$9,943
19 years$37,239$30,464$24,751$19,987$16,055$8,510
20 years$35,006$28,309$22,715$18,102$14,340$7,294
21 years$32,989$26,369$20,894$16,429$12,833$6,261
22 years$31,157$24,614$19,257$14,937$11,503$5,380
23 years$29,487$23,021$17,780$13,604$10,326$4,627
24 years$27,959$21,569$16,444$12,407$9,281$3,983
25 years$26,555$20,242$15,230$11,331$8,351$3,430
26 years$25,261$19,024$14,125$10,361$7,523$2,957
27 years$24,065$17,904$13,116$9,483$6,782$2,549
28 years$22,956$16,871$12,193$8,689$6,120$2,199
29 years$21,926$15,916$11,347$7,968$5,526$1,898
30 years$20,966$15,031$10,569$7,312$4,993$1,639
31 years$20,070$14,209$9,854$6,716$4,514$1,415
32 years$19,232$13,444$9,194$6,172$4,083$1,222
33 years$18,446$12,732$8,584$5,676$3,696$1,056
34 years$17,708$12,067$8,020$5,222$3,346$912
35 years$17,013$11,446$7,499$4,807$3,030$788
36 years$16,359$10,863$7,015$4,427$2,746$681
37 years$15,741$10,318$6,566$4,079$2,489$589
38 years$15,158$9,806$6,148$3,760$2,256$509
39 years$14,605$9,324$5,760$3,467$2,046$440
40 years$14,082$8,871$5,399$3,198$1,856$381
41 years$13,585$8,445$5,063$2,950$1,684$329
42 years$13,113$8,042$4,749$2,723$1,528$285
43 years$12,665$7,663$4,456$2,513$1,386$246
44 years$12,238$7,304$4,183$2,321$1,258$213
45 years$11,831$6,965$3,928$2,143$1,142$184
46 years$11,443$6,644$3,689$1,980$1,037$159
47 years$11,073$6,341$3,466$1,829$942$138
48 years$10,719$6,053$3,257$1,690$855$119
49 years$10,380$5,780$3,061$1,562$777$103
50 years$10,056$5,522$2,878$1,444$706$89

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $10,300,000, adding $3,990 every year, while hoping to spend $57,478 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: 77/9/14 Blend
49$10,300,000$10,300,000$10,300,000$10,300,000
50$11,354,716$10,808,816$10,649,166$12,195,858
51$12,451,741$11,277,292$10,944,757$13,219,446
52$13,658,736$11,766,796$11,248,323$14,333,935
53$14,986,857$12,278,300$11,560,073$15,554,471
54$16,448,397$12,812,817$11,880,216$16,891,611
55$18,056,900$13,371,411$12,208,969$18,356,980
56$19,827,289$13,955,196$12,546,555$19,963,378
57$21,776,009$14,565,337$12,893,201$21,724,901
58$23,921,177$15,203,054$13,249,139$23,657,073
59$26,282,759$15,869,625$13,614,607$25,776,990
60$28,882,754$16,566,390$13,989,849$28,103,481
61$31,745,401$17,294,750$14,375,116$30,657,284
62$34,897,411$18,056,172$14,770,662$33,461,238
63$38,368,217$18,852,194$15,176,749$36,540,503
64$42,190,250$19,684,427$15,593,645$39,922,787
65$46,399,248$20,554,555$16,021,624$43,638,616
66$51,034,589$21,464,347$16,460,966$47,721,611
67$56,139,668$22,415,650$16,911,959$52,208,810
68$61,762,300$23,410,403$17,374,896$57,141,013
69$67,955,177$24,450,636$17,850,077$62,563,165
70$74,776,361$25,538,473$18,337,811$68,524,780
71$82,289,833$26,676,141$18,838,411$75,080,405
72$90,566,097$27,865,973$19,352,198$82,290,132
73$99,682,845$29,110,412$19,879,503$90,220,165
74$109,725,690$30,412,017$20,420,661$98,943,439
75$120,788,974$31,773,469$20,976,017$108,540,312
76$132,976,658$33,197,577$21,545,922$119,099,314
77$146,403,302$34,687,284$22,130,736$130,717,985
78$161,195,150$36,245,672$22,730,826$143,503,792
79$177,491,315$37,875,970$23,346,569$157,575,138
80$195,445,098$39,581,561$23,978,348$173,062,481
81$215,225,432$41,365,992$24,626,556$190,109,558
82$237,018,475$43,232,974$25,291,595$208,874,741
83$261,029,371$45,186,401$25,973,875$229,532,530
84$287,484,180$47,230,348$26,673,813$252,275,192
85$316,632,019$49,369,088$27,391,839$277,314,579
86$348,747,408$51,607,096$28,128,388$304,884,118
87$384,132,863$53,949,063$28,883,908$335,241,013
88$423,121,750$56,399,903$29,658,855$368,668,670
89$466,081,436$58,964,765$30,453,693$405,479,367
90$513,416,748$61,649,045$31,268,898$446,017,196
91$565,573,806$64,458,397$32,104,955$490,661,312
92$623,044,223$67,398,747$32,962,360$539,829,499
93$686,369,751$70,476,303$33,841,617$593,982,117
94$756,147,397$73,697,573$34,743,242$653,626,438
95$833,035,052$77,069,375$35,667,761$719,321,430
96$917,757,708$80,598,855$36,615,712$791,683,031
97$1,011,114,297$84,293,501$37,587,641$871,389,952
98$1,113,985,234$88,161,162$38,584,106$959,190,085
99$1,227,340,732$92,210,063$39,605,677$1,055,907,552
100$1,352,249,954$96,448,824$40,652,935$1,162,450,481