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%15.9%
1 years$883,596$875,725$868,047$860,552$853,233$832,606
2 years$437,424$429,277$421,382$413,727$406,301$385,644
3 years$288,719$280,537$272,662$265,079$257,774$237,733
4 years$214,381$206,225$198,428$190,974$183,847$164,575
5 years$169,790$161,683$153,988$146,687$139,757$121,308
6 years$140,073$132,026$124,445$117,306$110,585$92,978
7 years$118,854$110,875$103,415$96,444$89,935$73,173
8 years$102,948$95,041$87,704$80,905$74,610$58,684
9 years$90,582$82,750$75,539$68,913$62,833$47,731
10 years$80,696$72,940$65,857$59,403$53,536$39,242
11 years$72,612$64,934$57,979$51,699$46,043$32,535
12 years$65,881$58,281$51,455$45,347$39,900$27,156
13 years$60,189$52,669$45,972$40,034$34,794$22,789
14 years$55,315$47,875$41,306$35,538$30,500$19,209
15 years$51,094$43,735$37,294$31,694$26,854$16,251
16 years$47,405$40,126$33,812$28,378$23,734$13,789
17 years$44,153$36,954$30,768$25,498$21,044$11,730
18 years$41,266$34,147$28,087$22,979$18,712$9,999
19 years$38,685$31,648$25,712$20,763$16,678$8,539
20 years$36,366$29,408$23,597$18,805$14,897$7,303
21 years$34,270$27,393$21,705$17,067$13,331$6,254
22 years$32,367$25,570$20,005$15,518$11,950$5,361
23 years$30,633$23,915$18,471$14,132$10,727$4,600
24 years$29,045$22,407$17,082$12,889$9,641$3,950
25 years$27,586$21,028$15,822$11,771$8,676$3,394
26 years$26,242$19,763$14,674$10,763$7,815$2,918
27 years$25,000$18,599$13,626$9,852$7,046$2,510
28 years$23,848$17,526$12,667$9,026$6,357$2,160
29 years$22,778$16,534$11,788$8,277$5,741$1,860
30 years$21,781$15,614$10,980$7,596$5,187$1,602
31 years$20,850$14,761$10,236$6,977$4,690$1,380
32 years$19,979$13,967$9,551$6,412$4,242$1,189
33 years$19,162$13,227$8,917$5,896$3,839$1,024
34 years$18,395$12,536$8,332$5,425$3,476$883
35 years$17,674$11,890$7,790$4,994$3,148$761
36 years$16,994$11,285$7,287$4,599$2,852$656
37 years$16,353$10,718$6,821$4,238$2,585$566
38 years$15,746$10,186$6,387$3,906$2,344$488
39 years$15,172$9,686$5,984$3,602$2,125$421
40 years$14,629$9,216$5,609$3,322$1,928$363
41 years$14,113$8,772$5,259$3,065$1,749$313
42 years$13,623$8,355$4,933$2,828$1,587$270
43 years$13,157$7,960$4,629$2,611$1,440$233
44 years$12,713$7,588$4,345$2,411$1,307$201
45 years$12,290$7,236$4,080$2,226$1,187$173
46 years$11,887$6,903$3,832$2,057$1,078$149
47 years$11,503$6,587$3,600$1,900$979$129
48 years$11,135$6,288$3,383$1,756$889$111
49 years$10,783$6,005$3,180$1,623$807$96
50 years$10,447$5,736$2,990$1,500$733$83

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 $2,319 every year, while hoping to spend $32,974 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: 50/26/24 Blend
49$10,700,000$10,700,000$10,700,000$10,700,000
50$11,793,792$11,226,692$11,060,842$12,303,707
51$12,961,675$11,741,716$11,396,296$13,173,574
52$14,247,576$12,280,871$11,741,883$14,114,954
53$15,663,500$12,845,304$12,097,907$15,137,461
54$17,222,672$13,436,219$12,464,682$16,248,790
55$18,939,666$14,054,876$12,842,530$17,457,395
56$20,830,543$14,702,596$13,231,786$18,772,568
57$22,912,999$15,380,763$13,632,791$20,204,523
58$25,206,534$16,090,830$14,045,899$21,764,487
59$27,732,637$16,834,317$14,471,473$23,464,806
60$30,514,986$17,612,818$14,909,887$25,319,055
61$33,579,673$18,428,005$15,361,527$27,342,161
62$36,955,451$19,281,629$15,826,790$29,550,544
63$40,674,005$20,175,526$16,306,084$31,962,264
64$44,770,247$21,111,620$16,799,832$34,597,189
65$49,282,652$22,091,930$17,308,466$37,477,174
66$54,253,616$23,118,568$17,832,434$40,626,268
67$59,729,859$24,193,752$18,372,195$44,070,932
68$65,762,864$25,319,805$18,928,222$47,840,284
69$72,409,362$26,499,162$19,501,004$51,966,370
70$79,731,873$27,734,376$20,091,043$56,484,457
71$87,799,286$29,028,123$20,698,855$61,433,364
72$96,687,522$30,383,209$21,324,975$66,855,818
73$106,480,237$31,802,574$21,969,950$72,798,853
74$117,269,623$33,289,302$22,634,345$79,314,249
75$129,157,271$34,846,625$23,318,742$86,459,007
76$142,255,132$36,477,929$24,023,740$94,295,885
77$156,686,576$38,186,768$24,749,955$102,893,982
78$172,587,552$39,976,865$25,498,024$112,329,379
79$190,107,874$41,852,123$26,268,600$122,685,852
80$209,412,636$43,816,635$27,062,356$134,055,649
81$230,683,766$45,874,692$27,879,986$146,540,356
82$254,121,750$48,030,791$28,722,205$160,251,844
83$279,947,517$50,289,649$29,589,748$175,313,316
84$308,404,531$52,656,209$30,483,372$191,860,455
85$339,761,085$55,135,655$31,403,857$210,042,698
86$374,312,836$57,733,422$32,352,006$230,024,634
87$412,385,592$60,455,207$33,328,646$251,987,543
88$454,338,395$63,306,985$34,334,627$276,131,097
89$500,566,902$66,295,017$35,370,828$302,675,230
90$551,507,125$69,425,872$36,438,150$331,862,198
91$607,639,547$72,706,435$37,537,523$363,958,858
92$669,493,654$76,143,924$38,669,904$399,259,162
93$737,652,939$79,745,908$39,836,278$438,086,923
94$812,760,405$83,520,325$41,037,659$480,798,854
95$895,524,640$87,475,493$42,275,094$527,787,914
96$986,726,500$91,620,140$43,549,657$579,487,003
97$1,087,226,488$95,963,411$44,862,455$636,373,027
98$1,197,972,872$100,514,901$46,214,630$698,971,382
99$1,320,010,640$105,284,666$47,607,355$767,860,890
100$1,454,491,363$110,283,252$49,041,839$843,679,244