Can I retire at age 50 with 10,600,000?

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 $10,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$875,338$867,541$859,934$852,509$845,259$828,871
2 years$433,336$425,265$417,444$409,860$402,504$386,060
3 years$286,021$277,916$270,114$262,601$255,365$239,377
4 years$212,378$204,297$196,574$189,189$182,129$166,721
5 years$168,204$160,172$152,549$145,316$138,451$123,667
6 years$138,764$130,792$123,282$116,210$109,552$95,407
7 years$117,743$109,839$102,448$95,543$89,095$75,594
8 years$101,985$94,152$86,884$80,148$73,913$61,051
9 years$89,736$81,977$74,833$68,269$62,245$50,015
10 years$79,942$72,258$65,241$58,848$53,036$41,426
11 years$71,933$64,327$57,438$51,216$45,613$34,609
12 years$65,265$57,737$50,974$44,923$39,527$29,113
13 years$59,627$52,177$45,542$39,660$34,468$24,628
14 years$54,798$47,428$40,920$35,206$30,215$20,930
15 years$50,617$43,326$36,945$31,398$26,603$17,854
16 years$46,962$39,751$33,496$28,113$23,512$15,279
17 years$43,741$36,609$30,480$25,259$20,848$13,110
18 years$40,880$33,828$27,824$22,764$18,537$11,274
19 years$38,324$31,352$25,472$20,569$16,522$9,714
20 years$36,026$29,134$23,377$18,629$14,758$8,384
21 years$33,950$27,137$21,502$16,907$13,207$7,245
22 years$32,065$25,331$19,818$15,373$11,838$6,269
23 years$30,346$23,692$18,298$14,000$10,626$5,430
24 years$28,773$22,198$16,923$12,769$9,551$4,707
25 years$27,328$20,831$15,674$11,661$8,595$4,084
26 years$25,997$19,578$14,537$10,662$7,742$3,545
27 years$24,766$18,425$13,499$9,760$6,980$3,079
28 years$23,625$17,362$12,549$8,942$6,298$2,676
29 years$22,565$16,379$11,678$8,200$5,687$2,326
30 years$21,577$15,468$10,877$7,525$5,139$2,023
31 years$20,655$14,623$10,141$6,912$4,646$1,760
32 years$19,792$13,836$9,461$6,352$4,202$1,532
33 years$18,983$13,103$8,834$5,841$3,803$1,333
34 years$18,223$12,419$8,254$5,374$3,443$1,161
35 years$17,509$11,779$7,717$4,947$3,119$1,011
36 years$16,835$11,180$7,219$4,556$2,826$880
37 years$16,200$10,618$6,757$4,198$2,561$767
38 years$15,599$10,091$6,328$3,869$2,322$668
39 years$15,031$9,596$5,928$3,568$2,106$582
40 years$14,492$9,130$5,556$3,291$1,910$507
41 years$13,981$8,690$5,210$3,036$1,733$442
42 years$13,495$8,277$4,887$2,802$1,572$385
43 years$13,034$7,886$4,586$2,587$1,427$336
44 years$12,594$7,517$4,305$2,388$1,295$292
45 years$12,176$7,168$4,042$2,206$1,176$255
46 years$11,776$6,838$3,796$2,037$1,068$222
47 years$11,395$6,526$3,567$1,882$969$194
48 years$11,031$6,230$3,352$1,739$880$169
49 years$10,683$5,949$3,150$1,607$800$147
50 years$10,349$5,683$2,962$1,486$726$128

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $10,600,000, adding $2,655 every year, while hoping to spend $54,073 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: 25/49/26 Blend
49$10,600,000$10,600,000$10,600,000$10,600,000
50$11,683,939$11,122,139$10,957,839$11,880,137
51$12,818,167$11,609,590$11,267,393$12,529,861
52$14,066,275$12,119,115$11,585,505$13,221,201
53$15,439,820$12,651,736$11,912,405$13,961,335
54$16,951,538$13,208,528$12,248,327$14,754,388
55$18,615,463$13,790,614$12,593,514$15,604,868
56$20,447,056$14,399,170$12,948,212$16,517,707
57$22,463,356$15,035,429$13,312,677$17,498,300
58$24,683,135$15,700,682$13,687,169$18,552,552
59$27,127,080$16,396,281$14,071,954$19,686,930
60$29,817,984$17,123,641$14,467,307$20,908,515
61$32,780,965$17,884,246$14,873,509$22,225,065
62$36,043,699$18,679,649$15,290,847$23,645,081
63$39,636,683$19,511,478$15,719,616$25,177,879
64$43,593,521$20,381,438$16,160,120$26,833,677
65$47,951,245$21,291,313$16,612,669$28,623,677
66$52,750,659$22,242,974$17,077,580$30,560,168
67$58,036,728$23,238,381$17,555,180$32,656,633
68$63,858,998$24,279,586$18,045,803$34,927,867
69$70,272,070$25,368,740$18,549,792$37,390,109
70$77,336,108$26,508,095$19,067,497$40,061,189
71$85,117,410$27,700,011$19,599,277$42,960,679
72$93,689,036$28,946,961$20,145,503$46,110,080
73$103,131,492$30,251,536$20,706,551$49,533,003
74$113,533,492$31,616,450$21,282,809$53,255,388
75$124,992,798$33,044,546$21,874,673$57,305,737
76$137,617,139$34,538,804$22,482,549$61,715,371
77$151,525,227$36,102,345$23,106,855$66,518,711
78$166,847,880$37,738,440$23,748,015$71,753,594
79$183,729,258$39,450,518$24,406,467$77,461,615
80$202,328,217$41,242,168$25,082,659$83,688,505
81$222,819,815$43,117,154$25,777,048$90,484,551
82$245,396,961$45,079,419$26,490,103$97,905,051
83$270,272,236$47,133,096$27,222,307$106,010,826
84$297,679,899$49,282,513$27,974,149$114,868,772
85$327,878,101$51,532,208$28,746,136$124,552,476
86$361,151,317$53,886,936$29,538,781$135,142,896
87$397,813,036$56,351,680$30,352,614$146,729,100
88$438,208,714$58,931,661$31,188,176$159,409,091
89$482,719,043$61,632,352$32,046,019$173,290,712
90$531,763,536$64,459,488$32,926,711$188,492,640
91$585,804,492$67,419,078$33,830,832$205,145,482
92$645,351,359$70,517,423$34,758,974$223,392,990
93$710,965,544$73,761,122$35,711,745$243,393,387
94$783,265,708$77,157,096$36,689,768$265,320,840
95$862,933,612$80,712,595$37,693,677$289,367,070
96$950,720,548$84,435,220$38,724,123$315,743,142
97$1,047,454,435$88,332,937$39,781,771$344,681,420
98$1,154,047,630$92,414,094$40,867,304$376,437,733
99$1,271,505,546$96,687,442$41,981,416$411,293,759
100$1,400,936,139$101,162,154$43,124,820$449,559,646