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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.5%
1 years$850,564$842,988$835,596$828,381$821,336$802,785
2 years$421,071$413,229$405,629$398,260$391,113$372,522
3 years$277,926$270,050$262,469$255,169$248,138$230,089
4 years$206,367$198,515$191,010$183,835$176,974$159,605
5 years$163,443$155,638$148,232$141,203$134,533$117,893
6 years$134,836$127,090$119,793$112,921$106,451$90,558
7 years$114,411$106,730$99,549$92,839$86,573$71,429
8 years$99,099$91,488$84,425$77,880$71,821$57,420
9 years$87,196$79,656$72,715$66,337$60,484$46,815
10 years$77,679$70,213$63,395$57,183$51,535$38,584
11 years$69,898$62,507$55,812$49,766$44,322$32,072
12 years$63,418$56,103$49,532$43,652$38,408$26,839
13 years$57,939$50,700$44,253$38,538$33,493$22,584
14 years$53,247$46,085$39,762$34,210$29,360$19,088
15 years$49,184$42,100$35,900$30,509$25,851$16,193
16 years$45,633$38,626$32,548$27,317$22,847$13,779
17 years$42,503$35,573$29,618$24,544$20,258$11,756
18 years$39,723$32,871$27,037$22,120$18,012$10,051
19 years$37,239$30,464$24,751$19,987$16,055$8,608
20 years$35,006$28,309$22,715$18,102$14,340$7,385
21 years$32,989$26,369$20,894$16,429$12,833$6,343
22 years$31,157$24,614$19,257$14,937$11,503$5,455
23 years$29,487$23,021$17,780$13,604$10,326$4,695
24 years$27,959$21,569$16,444$12,407$9,281$4,044
25 years$26,555$20,242$15,230$11,331$8,351$3,486
26 years$25,261$19,024$14,125$10,361$7,523$3,007
27 years$24,065$17,904$13,116$9,483$6,782$2,595
28 years$22,956$16,871$12,193$8,689$6,120$2,241
29 years$21,926$15,916$11,347$7,968$5,526$1,935
30 years$20,966$15,031$10,569$7,312$4,993$1,672
31 years$20,070$14,209$9,854$6,716$4,514$1,445
32 years$19,232$13,444$9,194$6,172$4,083$1,249
33 years$18,446$12,732$8,584$5,676$3,696$1,080
34 years$17,708$12,067$8,020$5,222$3,346$934
35 years$17,013$11,446$7,499$4,807$3,030$808
36 years$16,359$10,863$7,015$4,427$2,746$699
37 years$15,741$10,318$6,566$4,079$2,489$605
38 years$15,158$9,806$6,148$3,760$2,256$523
39 years$14,605$9,324$5,760$3,467$2,046$453
40 years$14,082$8,871$5,399$3,198$1,856$392
41 years$13,585$8,445$5,063$2,950$1,684$339
42 years$13,113$8,042$4,749$2,723$1,528$293
43 years$12,665$7,663$4,456$2,513$1,386$254
44 years$12,238$7,304$4,183$2,321$1,258$220
45 years$11,831$6,965$3,928$2,143$1,142$190
46 years$11,443$6,644$3,689$1,980$1,037$165
47 years$11,073$6,341$3,466$1,829$942$143
48 years$10,719$6,053$3,257$1,690$855$123
49 years$10,380$5,780$3,061$1,562$777$107
50 years$10,056$5,522$2,878$1,444$706$93

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 $5,638 every year, while hoping to spend $56,732 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: 27/47/26 Blend
49$10,300,000$10,300,000$10,300,000$10,300,000
50$11,356,416$10,810,516$10,650,866$11,570,546
51$12,454,408$11,279,868$10,947,307$12,212,227
52$13,662,493$11,770,318$11,251,778$12,895,415
53$14,991,843$12,282,839$11,564,488$13,627,781
54$16,454,762$12,818,450$11,885,650$14,413,550
55$18,064,813$13,378,218$12,215,484$15,257,341
56$19,836,936$13,963,264$12,554,215$16,164,211
57$21,787,596$14,574,756$12,902,073$17,139,699
58$23,934,932$15,213,920$13,259,294$18,189,870
59$26,298,935$15,882,042$13,626,120$19,321,369
60$28,901,628$16,580,464$14,002,798$20,541,479
61$31,767,283$17,310,596$14,389,580$21,858,184
62$34,922,642$18,073,911$14,786,727$23,280,238
63$38,397,173$18,871,954$15,194,504$24,817,241
64$42,223,348$19,706,343$15,613,183$26,479,727
65$46,436,946$20,578,771$16,043,041$28,279,250
66$51,077,397$21,491,012$16,484,365$30,228,494
67$56,188,146$22,444,926$16,937,446$32,341,381
68$61,817,068$23,442,459$17,402,581$34,633,196
69$68,016,918$24,485,649$17,880,077$37,120,722
70$74,845,831$25,576,632$18,370,247$39,822,395
71$82,367,864$26,717,646$18,873,409$42,758,463
72$90,653,610$27,911,034$19,389,892$45,951,173
73$99,780,855$29,159,252$19,920,030$49,424,972
74$109,835,317$30,464,870$20,464,165$53,206,723
75$120,911,453$31,830,583$21,022,649$57,325,955
76$133,113,353$33,259,213$21,595,840$61,815,125
77$146,555,718$34,753,718$22,184,104$66,709,919
78$161,364,946$36,317,194$22,787,815$72,049,573
79$177,680,322$37,952,888$23,407,359$77,877,234
80$195,655,335$39,664,200$24,043,126$84,240,353
81$215,459,126$41,454,692$24,695,517$91,191,121
82$237,278,082$43,328,098$25,364,942$98,786,945
83$261,317,599$45,288,327$26,051,820$107,090,980
84$287,804,016$47,339,477$26,756,578$116,172,707
85$316,986,757$49,485,843$27,479,655$126,108,574
86$349,140,679$51,731,922$28,221,496$136,982,700
87$384,568,672$54,082,430$28,982,560$148,887,655
88$423,604,513$56,542,305$29,763,311$161,925,311
89$466,616,019$59,116,723$30,564,228$176,207,790
90$514,008,520$61,811,110$31,385,797$191,858,498
91$566,228,682$64,631,148$32,228,515$209,013,273
92$623,768,727$67,582,793$33,092,889$227,821,644
93$687,171,076$70,672,288$33,979,439$248,448,219
94$757,033,468$73,906,173$34,888,693$271,074,218
95$834,014,610$77,291,304$35,821,192$295,899,157
96$918,840,385$80,834,863$36,777,487$323,142,707
97$1,012,310,713$84,544,379$37,758,141$353,046,737
98$1,115,307,094$88,427,743$38,763,728$385,877,576
99$1,228,800,939$92,493,223$39,794,834$421,928,491
100$1,353,862,730$96,749,487$40,852,056$461,522,428