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

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 $10,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$858,822$851,172$843,709$836,424$829,311$808,934
2 years$425,160$417,241$409,567$402,127$394,910$374,506
3 years$280,624$272,672$265,017$257,647$250,547$230,755
4 years$208,371$200,443$192,865$185,620$178,692$159,663
5 years$165,030$157,149$149,671$142,574$135,839$117,627
6 years$136,145$128,324$120,956$114,017$107,485$90,107
7 years$115,522$107,767$100,515$93,740$87,414$70,873
8 years$100,061$92,376$85,245$78,636$72,518$56,807
9 years$88,043$80,430$73,421$66,981$61,071$46,176
10 years$78,433$70,895$64,010$57,738$52,035$37,940
11 years$70,576$63,114$56,354$50,249$44,752$31,436
12 years$64,033$56,647$50,013$44,075$38,781$26,221
13 years$58,502$51,193$44,683$38,912$33,818$21,990
14 years$53,764$46,533$40,148$34,542$29,645$18,523
15 years$49,662$42,508$36,248$30,805$26,102$15,659
16 years$46,076$39,001$32,864$27,583$23,069$13,278
17 years$42,915$35,918$29,905$24,783$20,454$11,286
18 years$40,109$33,190$27,299$22,334$18,187$9,614
19 years$37,601$30,760$24,991$20,181$16,210$8,204
20 years$35,346$28,584$22,936$18,278$14,479$7,011
21 years$33,309$26,625$21,097$16,588$12,957$5,999
22 years$31,460$24,853$19,444$15,082$11,615$5,139
23 years$29,774$23,245$17,953$13,736$10,426$4,406
24 years$28,230$21,779$16,603$12,528$9,371$3,780
25 years$26,813$20,438$15,378$11,441$8,432$3,246
26 years$25,506$19,209$14,262$10,461$7,596$2,789
27 years$24,299$18,078$13,244$9,575$6,848$2,397
28 years$23,179$17,034$12,312$8,773$6,179$2,061
29 years$22,139$16,070$11,457$8,045$5,580$1,773
30 years$21,170$15,176$10,672$7,383$5,042$1,525
31 years$20,265$14,347$9,949$6,781$4,558$1,313
32 years$19,418$13,575$9,283$6,232$4,123$1,130
33 years$18,625$12,856$8,667$5,731$3,731$973
34 years$17,880$12,184$8,098$5,273$3,378$838
35 years$17,178$11,557$7,571$4,854$3,060$722
36 years$16,518$10,969$7,083$4,470$2,772$622
37 years$15,894$10,418$6,629$4,119$2,513$536
38 years$15,305$9,901$6,208$3,796$2,278$462
39 years$14,747$9,415$5,816$3,501$2,066$398
40 years$14,218$8,957$5,452$3,229$1,874$343
41 years$13,717$8,527$5,112$2,979$1,700$295
42 years$13,241$8,120$4,795$2,749$1,543$254
43 years$12,788$7,737$4,500$2,538$1,400$219
44 years$12,357$7,375$4,224$2,343$1,271$189
45 years$11,946$7,033$3,966$2,164$1,154$163
46 years$11,554$6,709$3,725$1,999$1,047$140
47 years$11,180$6,402$3,499$1,847$951$121
48 years$10,823$6,112$3,288$1,707$864$104
49 years$10,481$5,837$3,091$1,577$784$90
50 years$10,154$5,575$2,906$1,458$713$78

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 $2,065 every year, while hoping to spend $41,808 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: 33/40/27 Blend
49$10,400,000$10,400,000$10,400,000$10,400,000
50$11,462,930$10,911,730$10,750,530$11,746,920
51$12,587,666$11,401,921$11,066,189$12,452,613
52$13,825,723$11,914,731$11,391,022$13,208,750
53$15,188,617$12,451,223$11,725,291$14,022,858
54$16,689,035$13,012,512$12,069,268$14,900,095
55$18,340,957$13,599,766$12,423,230$15,846,112
56$20,159,790$14,214,210$12,787,463$16,867,106
57$22,162,507$14,857,125$13,162,261$17,969,869
58$24,367,814$15,529,855$13,547,928$19,161,851
59$26,796,321$16,233,807$13,944,774$20,451,227
60$29,470,740$16,970,458$14,353,118$21,846,963
61$32,416,097$17,741,352$14,773,289$23,358,901
62$35,659,970$18,548,110$15,205,625$24,997,843
63$39,232,747$19,392,427$15,650,473$26,775,650
64$43,167,914$20,276,083$16,108,191$28,705,346
65$47,502,371$21,200,941$16,579,146$30,801,233
66$52,276,780$22,168,954$17,063,714$33,079,024
67$57,535,947$23,182,168$17,562,284$35,555,980
68$63,329,247$24,242,729$18,075,255$38,251,068
69$69,711,091$25,352,882$18,603,036$41,185,132
70$76,741,433$26,514,985$19,146,049$44,381,083
71$84,486,345$27,731,505$19,704,727$47,864,102
72$93,018,632$29,005,028$20,279,515$51,661,879
73$102,418,525$30,338,267$20,870,871$55,804,853
74$112,774,434$31,734,062$21,479,265$60,326,501
75$124,183,787$33,195,391$22,105,181$65,263,636
76$136,753,944$34,725,376$22,749,115$70,656,752
77$150,603,214$36,327,288$23,411,579$76,550,386
78$165,861,972$38,004,555$24,093,096$82,993,537
79$182,673,886$39,760,771$24,794,208$90,040,109
80$201,197,275$41,599,702$25,515,467$97,749,412
81$221,606,606$43,525,296$26,257,444$106,186,709
82$244,094,136$45,541,691$27,020,724$115,423,814
83$268,871,729$47,653,225$27,805,910$125,539,764
84$296,172,856$49,864,444$28,613,619$136,621,542
85$326,254,799$52,180,114$29,444,486$148,764,888
86$359,401,078$54,605,229$30,299,166$162,075,187
87$395,924,129$57,145,025$31,178,328$176,668,443
88$436,168,251$59,804,992$32,082,663$192,672,359
89$480,512,859$62,590,883$33,012,879$210,227,526
90$529,376,063$65,508,730$33,969,703$229,488,728
91$583,218,618$68,564,854$34,953,885$250,626,385
92$642,548,268$71,765,883$35,966,191$273,828,138
93$707,924,545$75,118,765$37,007,412$299,300,603
94$779,964,048$78,630,783$38,078,360$327,271,296
95$859,346,263$82,309,574$39,179,867$357,990,753
96$946,819,979$86,163,140$40,312,789$391,734,879
97$1,043,210,356$90,199,873$41,478,007$428,807,518
98$1,149,426,717$94,428,571$42,676,425$469,543,297
99$1,266,471,126$98,858,456$43,908,969$514,310,757
100$1,395,447,856$103,499,195$45,176,595$563,515,801