Can I retire at age 50 with 10,500,000?

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 $10,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$867,080$859,357$851,821$844,466$837,285$807,899
2 years$429,248$421,253$413,506$405,993$398,707$369,409
3 years$283,323$275,294$267,565$260,124$252,956$224,668
4 years$210,374$202,370$194,719$187,405$180,410$153,348
5 years$166,617$158,661$151,110$143,945$137,145$111,379
6 years$137,455$129,558$122,119$115,114$108,518$84,068
7 years$116,633$108,803$101,482$94,641$88,254$65,116
8 years$101,023$93,264$86,065$79,392$73,216$51,369
9 years$88,889$81,203$74,127$67,625$61,658$41,076
10 years$79,187$71,577$64,626$58,293$52,536$33,184
11 years$71,255$63,720$56,896$50,732$45,183$27,021
12 years$64,649$57,192$50,493$44,499$39,154$22,140
13 years$59,064$51,685$45,113$39,286$34,143$18,231
14 years$54,281$46,980$40,534$34,874$29,930$15,073
15 years$50,139$42,917$36,597$31,101$26,353$12,502
16 years$46,519$39,376$33,180$27,848$23,290$10,397
17 years$43,328$36,264$30,193$25,021$20,651$8,665
18 years$40,494$33,509$27,562$22,549$18,362$7,234
19 years$37,962$31,056$25,232$20,375$16,366$6,049
20 years$35,686$28,859$23,156$18,453$14,619$5,064
21 years$33,630$26,881$21,299$16,748$13,082$4,244
22 years$31,762$25,092$19,631$15,227$11,726$3,560
23 years$30,060$23,468$18,125$13,868$10,526$2,988
24 years$28,502$21,988$16,763$12,648$9,461$2,509
25 years$27,071$20,635$15,526$11,551$8,514$2,108
26 years$25,752$19,393$14,399$10,562$7,669$1,772
27 years$24,532$18,251$13,371$9,668$6,914$1,490
28 years$23,402$17,198$12,430$8,858$6,239$1,254
29 years$22,352$16,225$11,567$8,123$5,633$1,055
30 years$21,373$15,322$10,775$7,454$5,090$888
31 years$20,460$14,485$10,045$6,846$4,602$747
32 years$19,605$13,706$9,372$6,292$4,163$629
33 years$18,804$12,979$8,751$5,786$3,767$529
34 years$18,051$12,301$8,176$5,324$3,411$446
35 years$17,344$11,668$7,644$4,901$3,089$375
36 years$16,676$11,074$7,151$4,513$2,799$316
37 years$16,047$10,518$6,693$4,158$2,537$266
38 years$15,452$9,996$6,268$3,833$2,300$224
39 years$14,889$9,505$5,872$3,534$2,086$189
40 years$14,355$9,043$5,504$3,260$1,892$159
41 years$13,849$8,608$5,161$3,008$1,716$134
42 years$13,368$8,198$4,841$2,776$1,557$113
43 years$12,911$7,811$4,543$2,562$1,413$95
44 years$12,475$7,446$4,264$2,366$1,283$80
45 years$12,061$7,100$4,004$2,185$1,165$67
46 years$11,665$6,773$3,761$2,018$1,057$57
47 years$11,288$6,464$3,533$1,865$960$48
48 years$10,927$6,171$3,320$1,723$872$40
49 years$10,582$5,893$3,121$1,592$792$34
50 years$10,252$5,629$2,934$1,472$719$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $10,500,000, adding $3,067 every year, while hoping to spend $27,932 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: 51/24/25 Blend
49$10,500,000$10,500,000$10,500,000$10,500,000
50$11,574,164$11,017,664$10,854,914$12,083,128
51$12,725,009$11,527,810$11,188,834$12,947,010
52$13,992,304$12,062,017$11,533,004$13,882,740
53$15,387,898$12,621,434$11,887,739$14,899,655
54$16,924,846$13,207,267$12,253,360$16,005,479
55$18,617,536$13,820,779$12,630,203$17,208,703
56$20,481,820$14,463,292$13,018,610$18,518,658
57$22,535,168$15,136,196$13,418,936$19,945,604
58$24,796,829$15,840,944$13,831,545$21,500,820
59$27,288,018$16,579,062$14,256,813$23,196,709
60$30,032,107$17,352,147$14,695,128$25,046,910
61$33,054,856$18,161,877$15,146,889$27,066,426
62$36,384,649$19,010,006$15,612,507$29,271,757
63$40,052,764$19,898,377$16,092,407$31,681,057
64$44,093,668$20,828,920$16,587,025$34,314,294
65$48,545,344$21,803,659$17,096,812$37,193,442
66$53,449,645$22,824,714$17,622,232$40,342,678
67$58,852,694$23,894,311$18,163,762$43,788,607
68$64,805,317$25,014,780$18,721,896$47,560,508
69$71,363,521$26,188,566$19,297,141$51,690,606
70$78,589,026$27,418,232$19,890,021$56,214,368
71$86,549,845$28,706,463$20,501,075$61,170,836
72$95,320,927$30,056,077$21,130,859$66,602,984
73$104,984,863$31,470,027$21,779,944$72,558,122
74$115,632,669$32,951,408$22,448,922$79,088,335
75$127,364,640$34,503,466$23,138,400$86,250,966
76$140,291,302$36,129,605$23,849,005$94,109,150
77$154,534,451$37,833,391$24,581,383$102,732,404
78$170,228,304$39,618,566$25,336,198$112,197,276
79$187,520,767$41,489,052$26,114,137$122,588,056
80$206,574,831$43,448,961$26,915,906$133,997,565
81$227,570,107$45,502,604$27,742,233$146,528,024
82$250,704,529$47,654,502$28,593,868$160,292,006
83$276,196,213$49,909,395$29,471,584$175,413,490
84$304,285,523$52,272,251$30,376,179$192,029,024
85$335,237,337$54,748,283$31,308,472$210,288,998
86$369,343,549$57,342,952$32,269,309$230,359,055
87$406,925,823$60,061,989$33,259,563$252,421,646
88$448,338,630$62,911,399$34,280,131$276,677,735
89$493,972,594$65,897,481$35,331,939$303,348,685
90$544,258,180$69,026,839$36,415,941$332,678,336
91$599,669,757$72,306,398$37,533,118$364,935,289
92$660,730,079$75,743,418$38,684,484$400,415,433
93$728,015,215$79,345,513$39,871,082$439,444,717
94$802,159,991$83,120,667$41,093,987$482,382,213
95$883,863,981$87,077,251$42,354,307$529,623,491
96$973,898,114$91,224,043$43,653,183$581,604,333
97$1,073,111,949$95,570,249$44,991,792$638,804,828
98$1,182,441,696$100,125,519$46,371,345$701,753,891
99$1,302,919,056$104,899,976$47,793,092$771,034,228
100$1,435,680,958$109,904,233$49,258,319$847,287,822