Can I retire at age 50 with 10,400,000?

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 $10,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$858,822$851,172$843,709$836,424$829,311$813,898
2 years$425,160$417,241$409,567$402,127$394,910$379,440
3 years$280,624$272,672$265,017$257,647$250,547$235,501
4 years$208,371$200,443$192,865$185,620$178,692$164,187
5 years$165,030$157,149$149,671$142,574$135,839$121,915
6 years$136,145$128,324$120,956$114,017$107,485$94,158
7 years$115,522$107,767$100,515$93,740$87,414$74,688
8 years$100,061$92,376$85,245$78,636$72,518$60,390
9 years$88,043$80,430$73,421$66,981$61,071$49,532
10 years$78,433$70,895$64,010$57,738$52,035$41,076
11 years$70,576$63,114$56,354$50,249$44,752$34,360
12 years$64,033$56,647$50,013$44,075$38,781$28,942
13 years$58,502$51,193$44,683$38,912$33,818$24,515
14 years$53,764$46,533$40,148$34,542$29,645$20,862
15 years$49,662$42,508$36,248$30,805$26,102$17,821
16 years$46,076$39,001$32,864$27,583$23,069$15,272
17 years$42,915$35,918$29,905$24,783$20,454$13,123
18 years$40,109$33,190$27,299$22,334$18,187$11,302
19 years$37,601$30,760$24,991$20,181$16,210$9,753
20 years$35,346$28,584$22,936$18,278$14,479$8,429
21 years$33,309$26,625$21,097$16,588$12,957$7,296
22 years$31,460$24,853$19,444$15,082$11,615$6,322
23 years$29,774$23,245$17,953$13,736$10,426$5,485
24 years$28,230$21,779$16,603$12,528$9,371$4,762
25 years$26,813$20,438$15,378$11,441$8,432$4,138
26 years$25,506$19,209$14,262$10,461$7,596$3,598
27 years$24,299$18,078$13,244$9,575$6,848$3,130
28 years$23,179$17,034$12,312$8,773$6,179$2,725
29 years$22,139$16,070$11,457$8,045$5,580$2,373
30 years$21,170$15,176$10,672$7,383$5,042$2,067
31 years$20,265$14,347$9,949$6,781$4,558$1,801
32 years$19,418$13,575$9,283$6,232$4,123$1,570
33 years$18,625$12,856$8,667$5,731$3,731$1,369
34 years$17,880$12,184$8,098$5,273$3,378$1,194
35 years$17,178$11,557$7,571$4,854$3,060$1,041
36 years$16,518$10,969$7,083$4,470$2,772$908
37 years$15,894$10,418$6,629$4,119$2,513$793
38 years$15,305$9,901$6,208$3,796$2,278$692
39 years$14,747$9,415$5,816$3,501$2,066$604
40 years$14,218$8,957$5,452$3,229$1,874$527
41 years$13,717$8,527$5,112$2,979$1,700$460
42 years$13,241$8,120$4,795$2,749$1,543$401
43 years$12,788$7,737$4,500$2,538$1,400$350
44 years$12,357$7,375$4,224$2,343$1,271$306
45 years$11,946$7,033$3,966$2,164$1,154$267
46 years$11,554$6,709$3,725$1,999$1,047$233
47 years$11,180$6,402$3,499$1,847$951$204
48 years$10,823$6,112$3,288$1,707$864$178
49 years$10,481$5,837$3,091$1,577$784$155
50 years$10,154$5,575$2,906$1,458$713$136

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $10,400,000, adding $2,559 every year, while hoping to spend $29,759 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: 49/24/27 Blend
49$10,400,000$10,400,000$10,400,000$10,400,000
50$11,463,440$10,912,240$10,751,040$11,937,131
51$12,601,047$11,415,276$11,079,536$12,772,154
52$13,853,693$11,941,964$11,418,040$13,675,685
53$15,233,080$12,493,430$11,766,855$14,656,771
54$16,752,104$13,070,858$12,126,293$15,722,762
55$18,424,973$13,675,484$12,496,679$16,881,730
56$20,267,346$14,308,609$12,878,343$18,142,551
57$22,296,476$14,971,591$13,271,628$19,514,980
58$24,531,375$15,665,858$13,676,887$21,009,740
59$26,992,996$16,392,906$14,094,483$22,638,623
60$29,704,423$17,154,300$14,524,790$24,414,594
61$32,691,098$17,951,684$14,968,194$26,351,911
62$35,981,053$18,786,780$15,425,092$28,466,256
63$39,605,181$19,661,392$15,895,893$30,774,879
64$43,597,523$20,577,414$16,381,018$33,296,755
65$47,995,590$21,536,828$16,880,903$36,052,762
66$52,840,721$22,541,713$17,395,994$39,065,869
67$58,178,468$23,594,250$17,926,753$42,361,349
68$64,059,026$24,696,722$18,473,653$45,967,017
69$70,537,711$25,851,526$19,037,185$49,913,482
70$77,675,479$27,061,173$19,617,852$54,234,430
71$85,539,502$28,328,294$20,216,174$58,966,941
72$94,203,800$29,655,649$20,832,685$64,151,829
73$103,749,943$31,046,132$21,467,936$69,834,023
74$114,267,820$32,502,775$22,122,494$76,062,982
75$125,856,485$34,028,758$22,796,945$82,893,156
76$138,625,094$35,627,415$23,491,890$90,384,498
77$152,693,936$37,302,240$24,207,951$98,603,011
78$168,195,565$39,056,898$24,945,765$107,621,375
79$185,276,057$40,895,230$25,705,992$117,519,618
80$204,096,381$42,821,263$26,489,309$128,385,864
81$224,833,927$44,839,220$27,296,416$140,317,158
82$247,684,174$46,953,528$28,128,032$153,420,369
83$272,862,537$49,168,828$28,984,899$167,813,195
84$300,606,403$51,489,987$29,867,780$183,625,256
85$331,177,367$53,922,108$30,777,462$200,999,315
86$364,863,707$56,470,539$31,714,755$220,092,607
87$401,983,100$59,140,891$32,680,494$241,078,318
88$442,885,625$61,939,043$33,675,539$264,147,205
89$487,957,065$64,871,163$34,700,776$289,509,381
90$537,622,551$67,943,715$35,757,118$317,396,292
91$592,350,573$71,163,479$36,845,503$348,062,883
92$652,657,405$74,537,563$37,966,901$381,789,990
93$719,111,977$78,073,420$39,122,309$418,886,980
94$792,341,246$81,778,865$40,312,754$459,694,651
95$873,036,116$85,662,092$41,539,293$504,588,435
96$961,957,958$89,731,693$42,803,018$553,981,927
97$1,059,945,801$93,996,677$44,105,051$608,330,765
98$1,167,924,250$98,466,492$45,446,547$668,136,921
99$1,286,912,216$103,151,043$46,828,699$733,953,411
100$1,418,032,536$108,060,717$48,252,734$806,389,503