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

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 $10,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$875,338$867,541$859,934$852,509$845,259$812,043
2 years$433,336$425,265$417,444$409,860$402,504$369,446
3 years$286,021$277,916$270,114$262,601$255,365$223,506
4 years$212,378$204,297$196,574$189,189$182,129$151,711
5 years$168,204$160,172$152,549$145,316$138,451$109,552
6 years$138,764$130,792$123,282$116,210$109,552$82,190
7 years$117,743$109,839$102,448$95,543$89,095$63,261
8 years$101,985$94,152$86,884$80,148$73,913$49,582
9 years$89,736$81,977$74,833$68,269$62,245$39,380
10 years$79,942$72,258$65,241$58,848$53,036$31,593
11 years$71,933$64,327$57,438$51,216$45,613$25,542
12 years$65,265$57,737$50,974$44,923$39,527$20,775
13 years$59,627$52,177$45,542$39,660$34,468$16,979
14 years$54,798$47,428$40,920$35,206$30,215$13,929
15 years$50,617$43,326$36,945$31,398$26,603$11,463
16 years$46,962$39,751$33,496$28,113$23,512$9,457
17 years$43,741$36,609$30,480$25,259$20,848$7,818
18 years$40,880$33,828$27,824$22,764$18,537$6,474
19 years$38,324$31,352$25,472$20,569$16,522$5,368
20 years$36,026$29,134$23,377$18,629$14,758$4,456
21 years$33,950$27,137$21,502$16,907$13,207$3,703
22 years$32,065$25,331$19,818$15,373$11,838$3,079
23 years$30,346$23,692$18,298$14,000$10,626$2,562
24 years$28,773$22,198$16,923$12,769$9,551$2,133
25 years$27,328$20,831$15,674$11,661$8,595$1,777
26 years$25,997$19,578$14,537$10,662$7,742$1,480
27 years$24,766$18,425$13,499$9,760$6,980$1,234
28 years$23,625$17,362$12,549$8,942$6,298$1,029
29 years$22,565$16,379$11,678$8,200$5,687$858
30 years$21,577$15,468$10,877$7,525$5,139$715
31 years$20,655$14,623$10,141$6,912$4,646$597
32 years$19,792$13,836$9,461$6,352$4,202$498
33 years$18,983$13,103$8,834$5,841$3,803$415
34 years$18,223$12,419$8,254$5,374$3,443$346
35 years$17,509$11,779$7,717$4,947$3,119$289
36 years$16,835$11,180$7,219$4,556$2,826$241
37 years$16,200$10,618$6,757$4,198$2,561$201
38 years$15,599$10,091$6,328$3,869$2,322$168
39 years$15,031$9,596$5,928$3,568$2,106$140
40 years$14,492$9,130$5,556$3,291$1,910$117
41 years$13,981$8,690$5,210$3,036$1,733$98
42 years$13,495$8,277$4,887$2,802$1,572$82
43 years$13,034$7,886$4,586$2,587$1,427$68
44 years$12,594$7,517$4,305$2,388$1,295$57
45 years$12,176$7,168$4,042$2,206$1,176$47
46 years$11,776$6,838$3,796$2,037$1,068$40
47 years$11,395$6,526$3,567$1,882$969$33
48 years$11,031$6,230$3,352$1,739$880$28
49 years$10,683$5,949$3,150$1,607$800$23
50 years$10,349$5,683$2,962$1,486$726$19

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 $6,072 every year, while hoping to spend $27,699 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: 36/44/20 Blend
49$10,600,000$10,600,000$10,600,000$10,600,000
50$11,687,463$11,125,663$10,961,363$12,037,118
51$12,850,113$11,641,349$11,299,097$12,808,516
52$14,130,425$12,181,375$11,647,217$13,637,713
53$15,540,370$12,746,905$12,006,042$14,532,324
54$17,093,143$13,339,159$12,375,899$15,498,214
55$18,803,280$13,959,413$12,757,127$16,541,810
56$20,686,799$14,609,009$13,150,076$17,670,158
57$22,761,353$15,289,352$13,555,104$18,890,984
58$25,046,394$16,001,913$13,972,583$20,212,760
59$27,563,355$16,748,235$14,402,894$21,644,782
60$30,335,857$17,529,938$14,846,430$23,197,248
61$33,389,927$18,348,718$15,303,598$24,881,351
62$36,754,245$19,206,351$15,774,814$26,709,375
63$40,460,419$20,104,703$16,260,511$28,694,810
64$44,543,275$21,045,726$16,761,132$30,852,465
65$49,041,193$22,031,471$17,277,134$33,198,608
66$53,996,466$23,064,084$17,808,989$35,751,104
67$59,455,698$24,145,817$18,357,183$38,529,583
68$65,470,247$25,279,030$18,922,216$41,555,612
69$72,096,708$26,466,198$19,504,605$44,852,893
70$79,397,444$27,709,914$20,104,882$48,447,474
71$87,441,183$29,012,899$20,723,595$52,367,988
72$96,303,657$30,378,004$21,361,309$56,645,914
73$106,068,322$31,808,219$22,018,605$61,315,860
74$116,827,146$33,306,677$22,696,084$66,415,884
75$128,681,476$34,876,665$23,394,364$71,987,835
76$141,742,994$36,521,629$24,114,082$78,077,742
77$156,134,770$38,245,180$24,855,894$84,736,234
78$171,992,429$40,051,105$25,620,479$92,019,002
79$189,465,423$41,943,376$26,408,532$99,987,315
80$208,718,451$43,926,156$27,220,772$108,708,582
81$229,933,006$46,003,811$28,057,941$118,256,973
82$253,309,091$48,180,916$28,920,800$128,714,105
83$279,067,109$50,462,272$29,810,138$140,169,792
84$307,449,941$52,852,909$30,726,764$152,722,881
85$338,725,237$55,358,105$31,671,513$166,482,162
86$373,187,949$57,983,390$32,645,247$181,567,379
87$411,163,109$60,734,565$33,648,852$198,110,341
88$453,008,900$63,617,712$34,683,242$216,256,141
89$499,120,037$66,639,209$35,749,360$236,164,510
90$549,931,493$69,805,743$36,848,176$258,011,298
91$605,922,606$73,124,325$37,980,690$281,990,110
92$667,621,603$76,602,307$39,147,934$308,314,111
93$735,610,586$80,247,400$40,350,969$337,218,012
94$810,531,030$84,067,687$41,590,891$368,960,257
95$893,089,837$88,071,646$42,868,828$403,825,432
96$984,066,009$92,268,164$44,185,942$442,126,927
97$1,084,318,001$96,666,564$45,543,430$484,209,859
98$1,194,791,831$101,276,619$46,942,529$530,454,299
99$1,316,530,003$106,108,579$48,384,509$581,278,822
100$1,450,681,354$111,173,191$49,870,681$637,144,428