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%15.6%
1 years$867,080$859,357$851,821$844,466$837,285$818,041
2 years$429,248$421,253$413,506$405,993$398,707$379,425
3 years$283,323$275,294$267,565$260,124$252,956$234,239
4 years$210,374$202,370$194,719$187,405$180,410$162,402
5 years$166,617$158,661$151,110$143,945$137,145$119,896
6 years$137,455$129,558$122,119$115,114$108,518$92,046
7 years$116,633$108,803$101,482$94,641$88,254$72,562
8 years$101,023$93,264$86,065$79,392$73,216$58,296
9 years$88,889$81,203$74,127$67,625$61,658$47,501
10 years$79,187$71,577$64,626$58,293$52,536$39,126
11 years$71,255$63,720$56,896$50,732$45,183$32,501
12 years$64,649$57,192$50,493$44,499$39,154$27,181
13 years$59,064$51,685$45,113$39,286$34,143$22,856
14 years$54,281$46,980$40,534$34,874$29,930$19,305
15 years$50,139$42,917$36,597$31,101$26,353$16,366
16 years$46,519$39,376$33,180$27,848$23,290$13,916
17 years$43,328$36,264$30,193$25,021$20,651$11,864
18 years$40,494$33,509$27,562$22,549$18,362$10,136
19 years$37,962$31,056$25,232$20,375$16,366$8,675
20 years$35,686$28,859$23,156$18,453$14,619$7,436
21 years$33,630$26,881$21,299$16,748$13,082$6,382
22 years$31,762$25,092$19,631$15,227$11,726$5,484
23 years$30,060$23,468$18,125$13,868$10,526$4,717
24 years$28,502$21,988$16,763$12,648$9,461$4,060
25 years$27,071$20,635$15,526$11,551$8,514$3,497
26 years$25,752$19,393$14,399$10,562$7,669$3,014
27 years$24,532$18,251$13,371$9,668$6,914$2,599
28 years$23,402$17,198$12,430$8,858$6,239$2,242
29 years$22,352$16,225$11,567$8,123$5,633$1,935
30 years$21,373$15,322$10,775$7,454$5,090$1,670
31 years$20,460$14,485$10,045$6,846$4,602$1,442
32 years$19,605$13,706$9,372$6,292$4,163$1,246
33 years$18,804$12,979$8,751$5,786$3,767$1,076
34 years$18,051$12,301$8,176$5,324$3,411$930
35 years$17,344$11,668$7,644$4,901$3,089$804
36 years$16,676$11,074$7,151$4,513$2,799$695
37 years$16,047$10,518$6,693$4,158$2,537$600
38 years$15,452$9,996$6,268$3,833$2,300$519
39 years$14,889$9,505$5,872$3,534$2,086$449
40 years$14,355$9,043$5,504$3,260$1,892$388
41 years$13,849$8,608$5,161$3,008$1,716$336
42 years$13,368$8,198$4,841$2,776$1,557$290
43 years$12,911$7,811$4,543$2,562$1,413$251
44 years$12,475$7,446$4,264$2,366$1,283$217
45 years$12,061$7,100$4,004$2,185$1,165$188
46 years$11,665$6,773$3,761$2,018$1,057$162
47 years$11,288$6,464$3,533$1,865$960$140
48 years$10,927$6,171$3,320$1,723$872$121
49 years$10,582$5,893$3,121$1,592$792$105
50 years$10,252$5,629$2,934$1,472$719$91

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 $2,038 every year, while hoping to spend $22,214 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: 53/25/22 Blend
49$10,500,000$10,500,000$10,500,000$10,500,000
50$11,573,102$11,016,602$10,853,852$12,116,175
51$12,729,923$11,532,780$11,193,821$13,006,391
52$14,003,995$12,073,506$11,544,434$13,972,105
53$15,407,255$12,639,960$11,906,024$15,022,516
54$16,952,855$13,233,378$12,278,936$16,165,711
55$18,655,288$13,855,056$12,663,523$17,410,573
56$20,530,528$14,506,354$13,060,151$18,766,871
57$22,596,172$15,188,696$13,469,196$20,245,344
58$24,871,615$15,903,575$13,891,048$21,857,799
59$27,378,228$16,652,559$14,326,107$23,617,221
60$30,139,562$17,437,289$14,774,786$25,537,887
61$33,181,568$18,259,486$15,237,511$27,635,504
62$36,532,843$19,120,956$15,714,723$29,927,349
63$40,224,900$20,023,591$16,206,874$32,432,426
64$44,292,468$20,969,374$16,714,432$35,171,644
65$48,773,813$21,960,387$17,237,878$38,168,009
66$53,711,106$22,998,810$17,777,711$41,446,837
67$59,150,817$24,086,930$18,334,443$45,035,986
68$65,144,156$25,227,145$18,908,602$48,966,114
69$71,747,554$26,421,969$19,500,735$53,270,963
70$79,023,197$27,674,039$20,111,402$57,987,674
71$87,039,614$28,986,118$20,741,185$63,157,128
72$95,872,321$30,361,104$21,390,682$68,824,327
73$105,604,537$31,802,037$22,060,508$75,038,813
74$116,327,965$33,312,102$22,751,300$81,855,127
75$128,143,664$34,894,641$23,463,715$89,333,319
76$141,162,996$36,553,157$24,198,428$97,539,503
77$155,508,684$38,291,324$24,956,138$106,546,479
78$171,315,965$40,112,994$25,737,563$116,434,408
79$188,733,868$42,022,205$26,543,447$127,291,560
80$207,926,623$44,023,194$27,374,552$139,215,139
81$229,075,208$46,120,401$28,231,670$152,312,192
82$252,379,062$48,318,483$29,115,614$166,700,609
83$278,057,962$50,622,324$30,027,222$182,510,225
84$306,354,100$53,037,044$30,967,361$199,884,036
85$337,534,373$55,568,014$31,936,922$218,979,535
86$371,892,897$58,220,865$32,936,827$239,970,190
87$409,753,786$61,001,500$33,968,023$263,047,068
88$451,474,211$63,916,113$35,031,492$288,420,625
89$497,447,775$66,971,197$36,128,240$316,322,681
90$548,108,222$70,173,560$37,259,311$347,008,591
91$603,933,540$73,530,343$38,425,777$380,759,646
92$665,450,466$77,049,034$39,628,745$417,885,707
93$733,239,462$80,737,486$40,869,357$458,728,118
94$807,940,198$84,603,934$42,148,791$503,662,912
95$890,257,583$88,657,011$43,468,261$553,104,340
96$980,968,428$92,905,776$44,829,018$607,508,765
97$1,080,928,772$97,359,724$46,232,355$667,378,950
98$1,191,081,971$102,028,815$47,679,603$733,268,785
99$1,312,467,598$106,923,492$49,172,136$805,788,496
100$1,446,231,260$112,054,710$50,711,369$885,610,381