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

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 $10,700,000?

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 $2,061 every year, while hoping to spend $30,340 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: 76/17/7 Blend
49$10,700,000$10,700,000$10,700,000$10,700,000
50$11,793,526$11,226,426$11,060,576$12,679,312
51$12,964,184$11,744,239$11,398,824$13,779,609
52$14,253,232$12,286,409$11,747,386$14,981,204
53$15,672,715$12,854,095$12,106,576$16,297,362
54$17,235,903$13,448,517$12,476,717$17,739,440
55$18,957,419$14,070,949$12,858,142$19,319,936
56$20,853,380$14,722,729$13,251,193$21,052,609
57$22,941,541$15,405,259$13,656,224$22,952,608
58$25,241,469$16,120,008$14,073,599$25,036,608
59$27,774,727$16,868,516$14,503,693$27,322,970
60$30,565,073$17,652,398$14,946,891$29,831,909
61$33,638,691$18,473,346$15,403,592$32,585,684
62$37,024,432$19,333,133$15,874,206$35,608,804
63$40,754,087$20,233,620$16,359,156$38,928,258
64$44,862,692$21,176,756$16,858,875$42,573,769
65$49,388,853$22,164,583$17,373,814$46,578,066
66$54,375,112$23,199,244$17,904,433$50,977,195
67$59,868,351$24,282,985$18,451,209$55,810,855
68$65,920,230$25,418,158$19,014,632$61,122,768
69$72,587,678$26,607,232$19,595,206$66,961,090
70$79,933,428$27,852,794$20,193,453$73,378,861
71$88,026,612$29,157,555$20,809,907$80,434,501
72$96,943,410$30,524,358$21,445,123$88,192,361
73$106,767,770$31,956,184$22,099,667$96,723,322
74$117,592,204$33,456,159$22,774,127$106,105,464
75$129,518,655$35,027,556$23,469,106$116,424,793
76$142,659,463$36,673,812$24,185,227$127,776,056
77$157,138,425$38,398,526$24,923,129$140,263,624
78$173,091,964$40,205,474$25,683,474$154,002,473
79$190,670,415$42,098,612$26,466,941$169,119,268
80$210,039,445$44,082,092$27,274,231$185,753,548
81$231,381,616$46,160,262$28,106,065$204,059,043
82$254,898,110$48,337,684$28,963,187$224,205,113
83$280,810,627$50,619,140$29,846,364$246,378,344
84$309,363,478$53,009,645$30,756,384$270,784,303
85$340,825,889$55,514,454$31,694,059$297,649,470
86$375,494,548$58,139,080$32,660,228$327,223,370
87$413,696,398$60,889,302$33,655,752$359,780,918
88$455,791,732$63,771,179$34,681,521$395,625,010
89$502,177,587$66,791,064$35,738,450$435,089,373
90$553,291,494$69,955,620$36,827,481$478,541,705
91$609,615,611$73,271,830$37,949,587$526,387,139
92$671,681,272$76,747,018$39,105,767$579,072,056
93$740,074,004$80,388,865$40,297,052$637,088,291
94$815,439,054$84,205,420$41,524,505$700,977,763
95$898,487,481$88,205,129$42,789,219$771,337,585
96$990,002,866$92,396,843$44,092,320$848,825,683
97$1,090,848,715$96,789,845$45,434,970$934,166,999
98$1,201,976,606$101,393,869$46,818,363$1,028,160,321
99$1,324,435,173$106,219,122$48,243,732$1,131,685,811
100$1,459,380,009$111,276,307$49,712,344$1,245,713,302