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%13.3%
1 years$875,338$867,541$859,934$852,509$845,259$833,660
2 years$433,336$425,265$417,444$409,860$402,504$390,839
3 years$286,021$277,916$270,114$262,601$255,365$243,997
4 years$212,378$204,297$196,574$189,189$182,129$171,144
5 years$168,204$160,172$152,549$145,316$138,451$127,882
6 years$138,764$130,792$123,282$116,210$109,552$99,411
7 years$117,743$109,839$102,448$95,543$89,095$79,386
8 years$101,985$94,152$86,884$80,148$73,913$64,635
9 years$89,736$81,977$74,833$68,269$62,245$53,394
10 years$79,942$72,258$65,241$58,848$53,036$44,605
11 years$71,933$64,327$57,438$51,216$45,613$37,593
12 years$65,265$57,737$50,974$44,923$39,527$31,910
13 years$59,627$52,177$45,542$39,660$34,468$27,244
14 years$54,798$47,428$40,920$35,206$30,215$23,372
15 years$50,617$43,326$36,945$31,398$26,603$20,130
16 years$46,962$39,751$33,496$28,113$23,512$17,396
17 years$43,741$36,609$30,480$25,259$20,848$15,077
18 years$40,880$33,828$27,824$22,764$18,537$13,098
19 years$38,324$31,352$25,472$20,569$16,522$11,402
20 years$36,026$29,134$23,377$18,629$14,758$9,944
21 years$33,950$27,137$21,502$16,907$13,207$8,685
22 years$32,065$25,331$19,818$15,373$11,838$7,596
23 years$30,346$23,692$18,298$14,000$10,626$6,650
24 years$28,773$22,198$16,923$12,769$9,551$5,829
25 years$27,328$20,831$15,674$11,661$8,595$5,113
26 years$25,997$19,578$14,537$10,662$7,742$4,488
27 years$24,766$18,425$13,499$9,760$6,980$3,943
28 years$23,625$17,362$12,549$8,942$6,298$3,466
29 years$22,565$16,379$11,678$8,200$5,687$3,048
30 years$21,577$15,468$10,877$7,525$5,139$2,681
31 years$20,655$14,623$10,141$6,912$4,646$2,360
32 years$19,792$13,836$9,461$6,352$4,202$2,078
33 years$18,983$13,103$8,834$5,841$3,803$1,830
34 years$18,223$12,419$8,254$5,374$3,443$1,612
35 years$17,509$11,779$7,717$4,947$3,119$1,420
36 years$16,835$11,180$7,219$4,556$2,826$1,252
37 years$16,200$10,618$6,757$4,198$2,561$1,103
38 years$15,599$10,091$6,328$3,869$2,322$973
39 years$15,031$9,596$5,928$3,568$2,106$857
40 years$14,492$9,130$5,556$3,291$1,910$756
41 years$13,981$8,690$5,210$3,036$1,733$667
42 years$13,495$8,277$4,887$2,802$1,572$588
43 years$13,034$7,886$4,586$2,587$1,427$519
44 years$12,594$7,517$4,305$2,388$1,295$458
45 years$12,176$7,168$4,042$2,206$1,176$404
46 years$11,776$6,838$3,796$2,037$1,068$356
47 years$11,395$6,526$3,567$1,882$969$314
48 years$11,031$6,230$3,352$1,739$880$277
49 years$10,683$5,949$3,150$1,607$800$245
50 years$10,349$5,683$2,962$1,486$726$216

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 $2,937 every year, while hoping to spend $39,182 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: 57/34/9 Blend
49$10,600,000$10,600,000$10,600,000$10,600,000
50$11,684,230$11,122,430$10,958,130$12,325,292
51$12,834,332$11,625,739$11,283,538$13,260,975
52$14,100,431$12,152,398$11,618,533$14,275,363
53$15,494,318$12,703,508$11,963,397$15,379,661
54$17,028,984$13,280,226$12,318,417$16,582,469
55$18,718,744$13,883,761$12,683,888$17,893,239
56$20,579,374$14,515,383$13,060,116$19,322,359
57$22,628,254$15,176,421$13,447,414$20,881,253
58$24,884,539$15,868,268$13,846,105$22,582,477
59$27,369,332$16,592,384$14,256,520$24,439,840
60$30,105,892$17,350,299$14,679,001$26,468,528
61$33,119,845$18,143,615$15,113,899$28,685,244
62$36,439,430$18,974,013$15,561,576$31,108,358
63$40,095,766$19,843,254$16,022,403$33,758,079
64$44,123,142$20,753,182$16,496,762$36,656,642
65$48,559,346$21,705,731$16,985,046$39,828,505
66$53,446,015$22,702,927$17,487,661$43,300,587
67$58,829,034$23,746,896$18,005,023$47,102,503
68$64,758,963$24,839,862$18,537,559$51,266,847
69$71,291,520$25,984,158$19,085,710$55,829,492
70$78,488,103$27,182,230$19,649,930$60,829,917
71$86,416,370$28,436,640$20,230,683$66,311,580
72$95,150,879$29,750,074$20,828,450$72,322,315
73$104,773,789$31,125,347$21,443,723$78,914,780
74$115,375,637$32,565,411$22,077,010$86,146,946
75$127,056,194$34,073,359$22,728,832$94,082,633
76$139,925,404$35,652,431$23,399,725$102,792,108
77$154,104,421$37,306,026$24,090,242$112,352,738
78$169,726,757$39,037,706$24,800,950$122,849,709
79$186,939,537$40,851,205$25,532,433$134,376,822
80$205,904,891$42,750,435$26,285,291$147,037,369
81$226,801,484$44,739,500$27,060,141$160,945,099
82$249,826,199$46,822,699$27,857,620$176,225,274
83$275,196,000$49,004,541$28,678,379$193,015,846
84$303,149,978$51,289,749$29,523,091$211,468,747
85$333,951,608$53,683,279$30,392,446$231,751,306
86$367,891,234$56,190,322$31,287,155$254,047,820
87$405,288,814$58,816,321$32,207,949$278,561,275
88$446,496,936$61,566,984$33,155,579$305,515,252
89$491,904,149$64,448,292$34,130,816$335,156,020
90$541,938,631$67,466,517$35,134,457$367,754,845
91$597,072,228$70,628,233$36,167,318$403,610,535
92$657,824,912$73,940,333$37,230,240$443,052,240
93$724,769,685$77,410,042$38,324,086$486,442,545
94$798,537,995$81,044,936$39,449,744$534,180,871
95$879,825,689$84,852,956$40,608,129$586,707,226
96$969,399,587$88,842,429$41,800,179$644,506,339
97$1,068,104,721$93,022,084$43,026,861$708,112,210
98$1,176,872,309$97,401,073$44,289,168$778,113,132
99$1,296,728,550$101,988,991$45,588,120$855,157,219
100$1,428,804,309$106,795,898$46,924,769$939,958,499