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%14.4%
1 years$883,596$875,725$868,047$860,552$853,233$837,720
2 years$437,424$429,277$421,382$413,727$406,301$390,727
3 years$288,719$280,537$272,662$265,079$257,774$242,625
4 years$214,381$206,225$198,428$190,974$183,847$169,239
5 years$169,790$161,683$153,988$146,687$139,757$125,732
6 years$140,073$132,026$124,445$117,306$110,585$97,159
7 years$118,854$110,875$103,415$96,444$89,935$77,112
8 years$102,948$95,041$87,704$80,905$74,610$62,385
9 years$90,582$82,750$75,539$68,913$62,833$51,200
10 years$80,696$72,940$65,857$59,403$53,536$42,485
11 years$72,612$64,934$57,979$51,699$46,043$35,561
12 years$65,881$58,281$51,455$45,347$39,900$29,973
13 years$60,189$52,669$45,972$40,034$34,794$25,405
14 years$55,315$47,875$41,306$35,538$30,500$21,634
15 years$51,094$43,735$37,294$31,694$26,854$18,493
16 years$47,405$40,126$33,812$28,378$23,734$15,859
17 years$44,153$36,954$30,768$25,498$21,044$13,637
18 years$41,266$34,147$28,087$22,979$18,712$11,754
19 years$38,685$31,648$25,712$20,763$16,678$10,150
20 years$36,366$29,408$23,597$18,805$14,897$8,779
21 years$34,270$27,393$21,705$17,067$13,331$7,604
22 years$32,367$25,570$20,005$15,518$11,950$6,595
23 years$30,633$23,915$18,471$14,132$10,727$5,725
24 years$29,045$22,407$17,082$12,889$9,641$4,975
25 years$27,586$21,028$15,822$11,771$8,676$4,326
26 years$26,242$19,763$14,674$10,763$7,815$3,765
27 years$25,000$18,599$13,626$9,852$7,046$3,278
28 years$23,848$17,526$12,667$9,026$6,357$2,856
29 years$22,778$16,534$11,788$8,277$5,741$2,489
30 years$21,781$15,614$10,980$7,596$5,187$2,170
31 years$20,850$14,761$10,236$6,977$4,690$1,892
32 years$19,979$13,967$9,551$6,412$4,242$1,651
33 years$19,162$13,227$8,917$5,896$3,839$1,441
34 years$18,395$12,536$8,332$5,425$3,476$1,257
35 years$17,674$11,890$7,790$4,994$3,148$1,098
36 years$16,994$11,285$7,287$4,599$2,852$958
37 years$16,353$10,718$6,821$4,238$2,585$837
38 years$15,746$10,186$6,387$3,906$2,344$731
39 years$15,172$9,686$5,984$3,602$2,125$638
40 years$14,629$9,216$5,609$3,322$1,928$558
41 years$14,113$8,772$5,259$3,065$1,749$487
42 years$13,623$8,355$4,933$2,828$1,587$426
43 years$13,157$7,960$4,629$2,611$1,440$372
44 years$12,713$7,588$4,345$2,411$1,307$325
45 years$12,290$7,236$4,080$2,226$1,187$284
46 years$11,887$6,903$3,832$2,057$1,078$248
47 years$11,503$6,587$3,600$1,900$979$217
48 years$11,135$6,288$3,383$1,756$889$190
49 years$10,783$6,005$3,180$1,623$807$166
50 years$10,447$5,736$2,990$1,500$733$145

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 $5,259 every year, while hoping to spend $44,703 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: 53/42/5 Blend
49$10,700,000$10,700,000$10,700,000$10,700,000
50$11,796,825$11,229,725$11,063,875$12,408,957
51$12,952,537$11,732,418$11,386,951$13,326,178
52$14,224,634$12,258,244$11,719,352$14,318,119
53$15,624,939$12,808,291$12,061,343$15,396,111
54$17,166,482$13,383,695$12,413,196$16,568,279
55$18,863,617$13,985,651$12,775,192$17,843,549
56$20,732,164$14,615,406$13,147,619$19,231,725
57$22,789,553$15,274,269$13,530,773$20,743,579
58$25,054,991$15,963,612$13,924,958$22,390,948
59$27,549,643$16,684,871$14,330,486$24,186,845
60$30,296,828$17,439,552$14,747,679$26,145,568
61$33,322,246$18,229,231$15,176,868$28,282,840
62$36,654,214$19,055,562$15,618,392$30,615,946
63$40,323,934$19,920,276$16,072,599$33,163,890
64$44,365,793$20,825,186$16,539,848$35,947,575
65$48,817,679$21,772,195$17,020,508$38,989,985
66$53,721,344$22,763,295$17,514,957$42,316,406
67$59,122,797$23,800,573$18,023,584$45,954,648
68$65,072,738$24,886,216$18,546,790$49,935,308
69$71,627,034$26,022,518$19,084,984$54,292,047
70$78,847,250$27,211,880$19,638,590$59,061,902
71$86,801,228$28,456,819$20,208,040$64,285,631
72$95,563,725$29,759,975$20,793,781$70,008,080
73$105,217,123$31,124,112$21,396,271$76,278,608
74$115,852,203$32,552,128$22,015,980$83,151,538
75$127,569,004$34,047,058$22,653,392$90,686,661
76$140,477,765$35,612,087$23,309,003$98,949,791
77$154,699,967$37,250,548$23,983,324$108,013,377
78$170,369,477$38,965,939$24,676,878$117,957,173
79$187,633,815$40,761,922$25,390,206$128,868,983
80$206,655,546$42,642,337$26,123,859$140,845,472
81$227,613,810$44,611,211$26,878,407$153,993,075
82$250,706,019$46,672,760$27,654,434$168,428,978
83$276,149,714$48,831,406$28,452,538$184,282,220
84$304,184,624$51,091,784$29,273,338$201,694,890
85$335,074,925$53,458,751$30,117,464$220,823,456
86$369,111,736$55,937,399$30,985,568$241,840,227
87$406,615,866$58,533,064$31,878,317$264,934,958
88$447,940,842$61,251,341$32,796,398$290,316,633
89$493,476,244$64,098,094$33,740,514$318,215,410
90$543,651,389$67,079,468$34,711,390$348,884,781
91$598,939,377$70,201,908$35,709,767$382,603,942
92$659,861,559$73,472,168$36,736,410$419,680,409
93$726,992,460$76,897,326$37,792,102$460,452,901
94$800,965,202$80,484,805$38,877,648$505,294,508
95$882,477,477$84,242,386$39,993,874$554,616,197
96$972,298,140$88,178,223$41,141,629$608,870,663
97$1,071,274,462$92,300,868$42,321,785$668,556,574
98$1,180,340,129$96,619,281$43,535,236$734,223,255
99$1,300,524,057$101,142,861$44,782,902$806,475,843
100$1,432,960,107$105,881,458$46,065,725$885,980,970