Can I retire at age 50 with 10,700,000?

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 $10,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$883,596$875,725$868,047$860,552$853,233$835,323
2 years$437,424$429,277$421,382$413,727$406,301$388,342
3 years$288,719$280,537$272,662$265,079$257,774$240,325
4 years$214,381$206,225$198,428$190,974$183,847$167,043
5 years$169,790$161,683$153,988$146,687$139,757$123,646
6 years$140,073$132,026$124,445$117,306$110,585$95,184
7 years$118,854$110,875$103,415$96,444$89,935$75,247
8 years$102,948$95,041$87,704$80,905$74,610$60,630
9 years$90,582$82,750$75,539$68,913$62,833$49,552
10 years$80,696$72,940$65,857$59,403$53,536$40,941
11 years$72,612$64,934$57,979$51,699$46,043$34,117
12 years$65,881$58,281$51,455$45,347$39,900$28,625
13 years$60,189$52,669$45,972$40,034$34,794$24,151
14 years$55,315$47,875$41,306$35,538$30,500$20,469
15 years$51,094$43,735$37,294$31,694$26,854$17,413
16 years$47,405$40,126$33,812$28,378$23,734$14,859
17 years$44,153$36,954$30,768$25,498$21,044$12,713
18 years$41,266$34,147$28,087$22,979$18,712$10,901
19 years$38,685$31,648$25,712$20,763$16,678$9,365
20 years$36,366$29,408$23,597$18,805$14,897$8,058
21 years$34,270$27,393$21,705$17,067$13,331$6,943
22 years$32,367$25,570$20,005$15,518$11,950$5,989
23 years$30,633$23,915$18,471$14,132$10,727$5,171
24 years$29,045$22,407$17,082$12,889$9,641$4,468
25 years$27,586$21,028$15,822$11,771$8,676$3,864
26 years$26,242$19,763$14,674$10,763$7,815$3,344
27 years$25,000$18,599$13,626$9,852$7,046$2,895
28 years$23,848$17,526$12,667$9,026$6,357$2,508
29 years$22,778$16,534$11,788$8,277$5,741$2,173
30 years$21,781$15,614$10,980$7,596$5,187$1,884
31 years$20,850$14,761$10,236$6,977$4,690$1,633
32 years$19,979$13,967$9,551$6,412$4,242$1,417
33 years$19,162$13,227$8,917$5,896$3,839$1,229
34 years$18,395$12,536$8,332$5,425$3,476$1,066
35 years$17,674$11,890$7,790$4,994$3,148$925
36 years$16,994$11,285$7,287$4,599$2,852$803
37 years$16,353$10,718$6,821$4,238$2,585$697
38 years$15,746$10,186$6,387$3,906$2,344$605
39 years$15,172$9,686$5,984$3,602$2,125$526
40 years$14,629$9,216$5,609$3,322$1,928$456
41 years$14,113$8,772$5,259$3,065$1,749$396
42 years$13,623$8,355$4,933$2,828$1,587$344
43 years$13,157$7,960$4,629$2,611$1,440$299
44 years$12,713$7,588$4,345$2,411$1,307$260
45 years$12,290$7,236$4,080$2,226$1,187$226
46 years$11,887$6,903$3,832$2,057$1,078$196
47 years$11,503$6,587$3,600$1,900$979$170
48 years$11,135$6,288$3,383$1,756$889$148
49 years$10,783$6,005$3,180$1,623$807$128
50 years$10,447$5,736$2,990$1,500$733$112

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $10,700,000, adding $4,311 every year, while hoping to spend $48,018 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: 75/17/8 Blend
49$10,700,000$10,700,000$10,700,000$10,700,000
50$11,795,847$11,228,747$11,062,897$12,665,981
51$12,947,932$11,727,865$11,382,413$13,738,465
52$14,215,921$12,249,830$11,711,024$14,906,850
53$15,611,585$12,795,711$12,048,983$16,185,801
54$17,147,894$13,366,629$12,396,551$17,586,259
55$18,839,141$13,963,755$12,753,997$19,120,268
56$20,701,072$14,588,318$13,121,595$20,801,085
57$22,751,042$15,241,605$13,499,628$22,643,306
58$25,008,169$15,924,965$13,888,387$24,662,998
59$27,493,524$16,639,811$14,288,170$26,877,851
60$30,230,323$17,387,621$14,699,283$29,307,344
61$33,244,148$18,169,946$15,122,041$31,972,922
62$36,563,188$18,988,410$15,556,767$34,898,200
63$40,218,507$19,844,716$16,003,792$38,109,184
64$44,244,333$20,740,646$16,463,457$41,634,510
65$48,678,385$21,678,067$16,936,113$45,505,715
66$53,562,226$22,658,938$17,422,119$49,757,528
67$58,941,656$23,685,309$17,921,842$54,428,201
68$64,867,144$24,759,329$18,435,664$59,559,862
69$71,394,306$25,883,249$18,963,971$65,198,908
70$78,584,426$27,059,428$19,507,165$71,396,448
71$86,505,036$28,290,339$20,065,654$78,208,771
72$95,230,557$29,578,573$20,639,860$85,697,881
73$104,842,993$30,926,843$21,230,215$93,932,078
74$115,432,715$32,337,994$21,837,163$102,986,594
75$127,099,303$33,815,007$22,461,160$112,944,304
76$139,952,496$35,361,006$23,102,673$123,896,503
77$154,113,220$36,979,265$23,762,181$135,943,759
78$169,714,733$38,673,214$24,440,179$149,196,864
79$186,903,882$40,446,448$25,137,172$163,777,870
80$205,842,489$42,302,735$25,853,678$179,821,237
81$226,708,879$44,246,024$26,590,232$197,475,099
82$249,699,559$46,280,454$27,347,380$216,902,654
83$275,031,080$48,410,362$28,125,682$238,283,700
84$302,942,073$50,640,294$28,925,716$261,816,327
85$333,695,510$52,975,013$29,748,073$287,718,778
86$367,581,178$55,419,514$30,593,359$316,231,502
87$404,918,418$57,979,031$31,462,197$347,619,423
88$446,059,142$60,659,048$32,355,226$382,174,424
89$491,391,149$63,465,317$33,273,101$420,218,104
90$541,341,792$66,403,863$34,216,495$462,104,798
91$596,382,005$69,481,003$35,186,098$508,224,920
92$657,030,756$72,703,358$36,182,619$559,008,634
93$723,859,940$76,077,869$37,206,783$614,929,911
94$797,499,780$79,611,811$38,259,336$676,510,990
95$878,644,776$83,312,809$39,341,043$744,327,298
96$968,060,263$87,188,856$40,452,687$819,012,876
97$1,066,589,632$91,248,331$41,595,074$901,266,346
98$1,175,162,293$95,500,019$42,769,028$991,857,504
99$1,294,802,453$99,953,125$43,975,397$1,091,634,566
100$1,426,638,777$104,617,303$45,215,046$1,201,532,169