Can I retire at age 50 with 10,800,000?

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 $10,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$891,854$883,910$876,159$868,594$861,207$833,973
2 years$441,512$433,289$425,320$417,593$410,099$382,908
3 years$291,417$283,159$275,210$267,556$260,183$233,889
4 years$216,385$208,152$200,283$192,759$185,565$160,368
5 years$171,377$163,194$155,427$148,057$141,064$117,032
6 years$141,382$133,260$125,608$118,403$111,619$88,773
7 years$119,965$111,911$104,381$97,345$90,776$69,114
8 years$103,910$95,929$88,524$81,661$75,307$54,814
9 years$91,429$83,523$76,245$69,557$63,420$44,072
10 years$81,450$73,622$66,472$59,959$54,037$35,807
11 years$73,291$65,541$58,521$52,182$46,473$29,327
12 years$66,496$58,826$51,936$45,771$40,273$24,174
13 years$60,752$53,162$46,401$40,409$35,119$20,029
14 years$55,832$48,322$41,692$35,870$30,785$16,662
15 years$51,572$44,143$37,642$31,990$27,105$13,909
16 years$47,848$40,501$34,128$28,644$23,956$11,642
17 years$44,566$37,300$31,055$25,736$21,241$9,767
18 years$41,651$34,467$28,349$23,193$18,886$8,210
19 years$39,047$31,943$25,953$20,957$16,834$6,912
20 years$36,706$29,683$23,818$18,981$15,036$5,826
21 years$34,590$27,649$21,908$17,226$13,456$4,917
22 years$32,670$25,809$20,192$15,663$12,061$4,153
23 years$30,919$24,139$18,643$14,264$10,827$3,511
24 years$29,316$22,616$17,242$13,010$9,731$2,970
25 years$27,844$21,224$15,970$11,881$8,757$2,513
26 years$26,487$19,948$14,811$10,864$7,888$2,128
27 years$25,233$18,773$13,753$9,944$7,112$1,803
28 years$24,071$17,690$12,785$9,111$6,417$1,527
29 years$22,991$16,688$11,898$8,355$5,794$1,295
30 years$21,984$15,760$11,082$7,667$5,235$1,098
31 years$21,044$14,899$10,332$7,042$4,733$931
32 years$20,165$14,097$9,640$6,472$4,282$789
33 years$19,341$13,350$9,001$5,951$3,875$669
34 years$18,567$12,653$8,410$5,476$3,508$568
35 years$17,839$12,001$7,863$5,041$3,178$482
36 years$17,153$11,391$7,355$4,642$2,879$409
37 years$16,505$10,819$6,884$4,277$2,609$347
38 years$15,893$10,282$6,447$3,942$2,366$294
39 years$15,314$9,777$6,040$3,635$2,145$250
40 years$14,765$9,302$5,661$3,353$1,946$212
41 years$14,245$8,854$5,309$3,093$1,765$180
42 years$13,750$8,433$4,980$2,855$1,602$153
43 years$13,280$8,035$4,673$2,635$1,454$130
44 years$12,832$7,659$4,386$2,433$1,320$110
45 years$12,405$7,303$4,118$2,247$1,198$93
46 years$11,998$6,967$3,868$2,076$1,088$79
47 years$11,610$6,649$3,634$1,918$988$67
48 years$11,239$6,347$3,415$1,772$897$57
49 years$10,884$6,061$3,210$1,638$815$48
50 years$10,545$5,790$3,018$1,514$740$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $10,800,000, adding $6,625 every year, while hoping to spend $26,855 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: 37/41/22 Blend
49$10,800,000$10,800,000$10,800,000$10,800,000
50$11,908,434$11,336,034$11,168,634$12,270,026
51$13,094,520$11,862,926$11,514,209$13,061,134
52$14,400,688$12,414,736$11,870,462$13,912,099
53$15,839,156$12,992,656$12,237,720$14,830,741
54$17,423,390$13,597,936$12,616,324$15,823,168
55$19,168,229$14,231,888$13,006,624$16,896,071
56$21,090,022$14,895,884$13,408,979$18,056,791
57$23,206,786$15,591,364$13,823,762$19,313,378
58$25,538,377$16,319,840$14,251,357$20,674,663
59$28,106,671$17,082,892$14,692,157$22,150,339
60$30,935,778$17,882,180$15,146,571$23,751,040
61$34,052,264$18,719,444$15,615,018$25,488,443
62$37,485,405$19,596,506$16,097,930$27,375,367
63$41,267,459$20,515,278$16,595,754$29,425,889
64$45,433,978$21,477,764$17,108,950$31,655,472
65$50,024,134$22,486,065$17,637,990$34,081,098
66$55,081,097$23,542,383$18,183,364$36,721,428
67$60,652,436$24,649,027$18,745,574$39,596,966
68$66,790,574$25,808,419$19,325,140$42,730,245
69$73,553,277$27,023,096$19,922,597$46,146,033
70$81,004,203$28,295,719$20,538,495$49,871,556
71$89,213,500$29,629,078$21,173,404$53,936,744
72$98,258,473$31,026,099$21,827,908$58,374,509
73$108,224,306$32,489,846$22,502,612$63,221,041
74$119,204,873$34,023,537$23,198,138$68,516,141
75$131,303,622$35,630,542$23,915,127$74,303,583
76$144,634,548$37,314,395$24,654,240$80,631,519
77$159,323,274$39,078,803$25,416,160$87,552,919
78$175,508,235$40,927,651$26,201,588$95,126,060
79$193,341,982$42,865,013$27,011,248$103,415,060
80$212,992,626$44,895,161$27,845,887$112,490,472
81$234,645,424$47,022,573$28,706,274$122,429,933
82$258,504,524$49,251,947$29,593,201$133,318,883
83$284,794,899$51,588,205$30,507,487$145,251,357
84$313,764,464$54,036,513$31,449,973$158,330,851
85$345,686,420$56,602,282$32,421,527$172,671,287
86$380,861,832$59,291,191$33,423,045$188,398,065
87$419,622,470$62,109,191$34,455,449$205,649,233
88$462,333,945$65,062,524$35,519,690$224,576,765
89$509,399,155$68,157,735$36,616,747$245,347,975
90$561,262,091$71,401,687$37,747,630$268,147,080
91$618,412,030$74,801,575$38,913,381$293,176,907
92$681,388,150$78,364,945$40,115,073$320,660,792
93$750,784,625$82,099,711$41,353,811$350,844,657
94$827,256,229$86,014,169$42,630,736$383,999,309
95$911,524,521$90,117,020$43,947,022$420,422,964
96$1,004,384,656$94,417,388$45,303,881$460,444,039
97$1,106,712,890$98,924,839$46,702,561$504,424,218
98$1,219,474,856$103,649,408$48,144,348$552,761,835
99$1,343,734,676$108,601,613$49,630,568$605,895,602
100$1,480,665,009$113,792,488$51,162,588$664,308,715