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

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 $10,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$867,080$859,357$851,821$844,466$837,285$832,357
2 years$429,248$421,253$413,506$405,993$398,707$393,736
3 years$283,323$275,294$267,565$260,124$252,956$248,095
4 years$210,374$202,370$194,719$187,405$180,410$175,697
5 years$166,617$158,661$151,110$143,945$137,145$132,593
6 years$137,455$129,558$122,119$115,114$108,518$104,133
7 years$116,633$108,803$101,482$94,641$88,254$84,039
8 years$101,023$93,264$86,065$79,392$73,216$69,170
9 years$88,889$81,203$74,127$67,625$61,658$57,781
10 years$79,187$71,577$64,626$58,293$52,536$48,826
11 years$71,255$63,720$56,896$50,732$45,183$41,637
12 years$64,649$57,192$50,493$44,499$39,154$35,770
13 years$59,064$51,685$45,113$39,286$34,143$30,917
14 years$54,281$46,980$40,534$34,874$29,930$26,857
15 years$50,139$42,917$36,597$31,101$26,353$23,430
16 years$46,519$39,376$33,180$27,848$23,290$20,514
17 years$43,328$36,264$30,193$25,021$20,651$18,016
18 years$40,494$33,509$27,562$22,549$18,362$15,864
19 years$37,962$31,056$25,232$20,375$16,366$14,001
20 years$35,686$28,859$23,156$18,453$14,619$12,382
21 years$33,630$26,881$21,299$16,748$13,082$10,968
22 years$31,762$25,092$19,631$15,227$11,726$9,731
23 years$30,060$23,468$18,125$13,868$10,526$8,644
24 years$28,502$21,988$16,763$12,648$9,461$7,688
25 years$27,071$20,635$15,526$11,551$8,514$6,844
26 years$25,752$19,393$14,399$10,562$7,669$6,099
27 years$24,532$18,251$13,371$9,668$6,914$5,439
28 years$23,402$17,198$12,430$8,858$6,239$4,854
29 years$22,352$16,225$11,567$8,123$5,633$4,335
30 years$21,373$15,322$10,775$7,454$5,090$3,873
31 years$20,460$14,485$10,045$6,846$4,602$3,462
32 years$19,605$13,706$9,372$6,292$4,163$3,096
33 years$18,804$12,979$8,751$5,786$3,767$2,770
34 years$18,051$12,301$8,176$5,324$3,411$2,479
35 years$17,344$11,668$7,644$4,901$3,089$2,220
36 years$16,676$11,074$7,151$4,513$2,799$1,988
37 years$16,047$10,518$6,693$4,158$2,537$1,780
38 years$15,452$9,996$6,268$3,833$2,300$1,595
39 years$14,889$9,505$5,872$3,534$2,086$1,430
40 years$14,355$9,043$5,504$3,260$1,892$1,281
41 years$13,849$8,608$5,161$3,008$1,716$1,149
42 years$13,368$8,198$4,841$2,776$1,557$1,030
43 years$12,911$7,811$4,543$2,562$1,413$923
44 years$12,475$7,446$4,264$2,366$1,283$828
45 years$12,061$7,100$4,004$2,185$1,165$743
46 years$11,665$6,773$3,761$2,018$1,057$666
47 years$11,288$6,464$3,533$1,865$960$597
48 years$10,927$6,171$3,320$1,723$872$536
49 years$10,582$5,893$3,121$1,592$792$481
50 years$10,252$5,629$2,934$1,472$719$431

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 $5,942 every year, while hoping to spend $39,897 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: 85/6/9 Blend
49$10,500,000$10,500,000$10,500,000$10,500,000
50$11,577,129$11,020,629$10,857,879$12,547,313
51$12,715,546$11,518,190$11,179,168$13,679,371
52$13,968,745$12,038,794$11,509,883$14,916,894
53$15,348,390$12,583,528$11,850,297$16,275,285
54$16,867,337$13,153,532$12,200,693$17,766,682
55$18,539,748$13,749,998$12,561,359$19,404,454
56$20,381,232$14,374,177$12,932,594$21,203,329
57$22,408,985$15,027,380$13,314,704$23,179,524
58$24,641,959$15,710,979$13,708,004$25,350,909
59$27,101,034$16,426,412$14,112,818$27,737,162
60$29,809,222$17,175,189$14,529,479$30,359,964
61$32,791,877$17,958,887$14,958,331$33,243,196
62$36,076,939$18,779,163$15,399,726$36,413,167
63$39,695,197$19,637,753$15,854,027$39,898,860
64$43,680,577$20,536,472$16,321,607$43,732,203
65$48,070,465$21,477,228$16,802,849$47,948,370
66$52,906,057$22,462,017$17,298,150$52,586,113
67$58,232,750$23,492,931$17,807,913$57,688,125
68$64,100,570$24,572,164$18,332,557$63,301,442
69$70,564,641$25,702,014$18,872,511$69,477,884
70$77,685,711$26,884,889$19,428,217$76,274,546
71$85,530,720$28,123,315$20,000,128$83,754,332
72$94,173,433$29,419,937$20,588,712$91,986,549
73$103,695,138$30,777,529$21,194,449$101,047,557
74$114,185,412$32,198,997$21,817,833$111,021,492
75$125,742,964$33,687,388$22,459,371$122,001,057
76$138,476,572$35,245,896$23,119,585$134,088,391
77$152,506,105$36,877,867$23,799,014$147,396,036
78$167,963,655$38,586,810$24,498,208$162,047,997
79$184,994,786$40,376,402$25,217,736$178,180,908
80$203,759,906$42,250,497$25,958,182$195,945,319
81$224,435,780$44,213,136$26,720,145$215,507,118
82$247,217,204$46,268,554$27,504,244$237,049,092
83$272,318,835$48,421,189$28,311,113$260,772,652
84$299,977,226$50,675,697$29,141,404$286,899,729
85$330,453,051$53,036,954$29,995,789$315,674,867
86$364,033,572$55,510,074$30,874,958$347,367,531
87$401,035,346$58,100,418$31,779,619$382,274,643
88$441,807,218$60,813,605$32,710,503$420,723,388
89$486,733,608$63,655,526$33,668,359$463,074,293
90$536,238,145$66,632,355$34,653,957$509,724,633
91$590,787,662$69,750,567$35,668,091$561,112,171
92$650,896,607$73,016,948$36,711,575$617,719,293
93$717,131,894$76,438,612$37,785,247$680,077,556
94$790,118,262$80,023,019$38,889,968$748,772,701
95$870,544,166$83,777,988$40,026,622$824,450,178
96$959,168,277$87,711,716$41,196,121$907,821,238
97$1,056,826,649$91,832,797$42,399,398$999,669,639
98$1,164,440,606$96,150,243$43,637,417$1,100,859,043
99$1,283,025,442$100,673,499$44,911,165$1,212,341,163
100$1,413,700,007$105,412,470$46,221,658$1,335,164,742