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%16.4%
1 years$891,854$883,910$876,159$868,594$861,207$838,687
2 years$441,512$433,289$425,320$417,593$410,099$387,563
3 years$291,417$283,159$275,210$267,556$260,183$238,338
4 years$216,385$208,152$200,283$192,759$185,565$164,578
5 years$171,377$163,194$155,427$148,057$141,064$120,992
6 years$141,382$133,260$125,608$118,403$111,619$92,483
7 years$119,965$111,911$104,381$97,345$90,776$72,577
8 years$103,910$95,929$88,524$81,661$75,307$58,037
9 years$91,429$83,523$76,245$69,557$63,420$47,062
10 years$81,450$73,622$66,472$59,959$54,037$38,572
11 years$73,291$65,541$58,521$52,182$46,473$31,878
12 years$66,496$58,826$51,936$45,771$40,273$26,520
13 years$60,752$53,162$46,401$40,409$35,119$22,181
14 years$55,832$48,322$41,692$35,870$30,785$18,633
15 years$51,572$44,143$37,642$31,990$27,105$15,708
16 years$47,848$40,501$34,128$28,644$23,956$13,281
17 years$44,566$37,300$31,055$25,736$21,241$11,257
18 years$41,651$34,467$28,349$23,193$18,886$9,560
19 years$39,047$31,943$25,953$20,957$16,834$8,134
20 years$36,706$29,683$23,818$18,981$15,036$6,930
21 years$34,590$27,649$21,908$17,226$13,456$5,912
22 years$32,670$25,809$20,192$15,663$12,061$5,048
23 years$30,919$24,139$18,643$14,264$10,827$4,315
24 years$29,316$22,616$17,242$13,010$9,731$3,690
25 years$27,844$21,224$15,970$11,881$8,757$3,158
26 years$26,487$19,948$14,811$10,864$7,888$2,705
27 years$25,233$18,773$13,753$9,944$7,112$2,317
28 years$24,071$17,690$12,785$9,111$6,417$1,986
29 years$22,991$16,688$11,898$8,355$5,794$1,703
30 years$21,984$15,760$11,082$7,667$5,235$1,460
31 years$21,044$14,899$10,332$7,042$4,733$1,253
32 years$20,165$14,097$9,640$6,472$4,282$1,075
33 years$19,341$13,350$9,001$5,951$3,875$922
34 years$18,567$12,653$8,410$5,476$3,508$792
35 years$17,839$12,001$7,863$5,041$3,178$680
36 years$17,153$11,391$7,355$4,642$2,879$583
37 years$16,505$10,819$6,884$4,277$2,609$501
38 years$15,893$10,282$6,447$3,942$2,366$430
39 years$15,314$9,777$6,040$3,635$2,145$369
40 years$14,765$9,302$5,661$3,353$1,946$317
41 years$14,245$8,854$5,309$3,093$1,765$272
42 years$13,750$8,433$4,980$2,855$1,602$234
43 years$13,280$8,035$4,673$2,635$1,454$201
44 years$12,832$7,659$4,386$2,433$1,320$173
45 years$12,405$7,303$4,118$2,247$1,198$148
46 years$11,998$6,967$3,868$2,076$1,088$127
47 years$11,610$6,649$3,634$1,918$988$109
48 years$11,239$6,347$3,415$1,772$897$94
49 years$10,884$6,061$3,210$1,638$815$81
50 years$10,545$5,790$3,018$1,514$740$69

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 $5,421 every year, while hoping to spend $25,763 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: 46/29/25 Blend
49$10,800,000$10,800,000$10,800,000$10,800,000
50$11,907,192$11,334,792$11,167,392$12,369,137
51$13,094,314$11,862,785$11,514,088$13,223,405
52$14,401,659$12,415,786$11,871,535$14,146,768
53$15,841,462$12,994,994$12,240,065$15,148,115
54$17,427,207$13,601,664$12,620,023$16,234,751
55$19,173,750$14,237,114$13,011,762$17,414,700
56$21,097,462$14,902,723$13,415,646$18,696,775
57$23,216,386$15,599,938$13,832,052$20,090,659
58$25,550,399$16,330,277$14,261,368$21,606,990
59$28,121,409$17,095,330$14,703,993$23,257,461
60$30,953,555$17,896,763$15,160,339$25,054,922
61$34,073,439$18,736,326$15,630,831$27,013,499
62$37,510,373$19,615,849$16,115,908$29,148,723
63$41,296,660$20,537,255$16,616,020$31,477,670
64$45,467,896$21,502,557$17,131,633$34,019,115
65$50,063,305$22,513,866$17,663,227$36,793,711
66$55,126,113$23,573,397$18,211,296$39,824,170
67$60,703,953$24,683,469$18,776,350$43,135,475
68$66,849,314$25,846,517$19,358,916$46,755,111
69$73,620,039$27,065,092$19,959,535$50,713,316
70$81,079,869$28,341,867$20,578,765$55,043,359
71$89,299,045$29,679,648$21,217,183$59,781,850
72$98,354,971$31,081,374$21,875,383$64,969,073
73$108,332,946$32,550,130$22,553,976$70,649,365
74$119,326,966$34,089,145$23,253,593$76,871,520
75$131,440,614$35,701,811$23,974,886$83,689,245
76$144,788,036$37,391,679$24,718,524$91,161,659
77$159,495,020$39,162,476$25,485,199$99,353,838
78$175,700,183$41,018,108$26,275,624$108,337,422
79$193,556,278$42,962,671$27,090,534$118,191,280
80$213,231,636$45,000,460$27,930,685$129,002,245
81$234,911,759$47,135,979$28,796,858$140,865,924
82$258,801,065$49,373,948$29,689,859$153,887,585
83$285,124,821$51,719,319$30,610,518$168,183,141
84$314,131,272$54,177,284$31,559,688$183,880,232
85$346,093,977$56,753,287$32,538,253$201,119,416
86$381,314,399$59,453,035$33,547,122$220,055,482
87$420,124,749$62,282,514$34,587,231$240,858,896
88$462,891,116$65,248,000$35,659,546$263,717,396
89$510,016,933$68,356,075$36,765,064$288,837,750
90$561,946,777$71,613,640$37,904,811$316,447,687
91$619,170,571$75,027,931$39,079,845$346,798,035
92$682,228,207$78,606,537$40,291,257$380,165,066
93$751,714,641$82,357,415$41,540,172$416,853,086
94$828,285,516$86,288,909$42,827,748$457,197,292
95$912,663,343$90,409,771$44,155,183$501,566,911
96$1,005,644,329$94,729,174$45,523,706$550,368,665
97$1,108,105,889$99,256,742$46,934,589$604,050,590
98$1,221,014,932$104,002,565$48,389,140$663,106,239
99$1,345,436,988$108,977,224$49,888,709$728,079,317
100$1,482,546,268$114,191,815$51,434,688$799,568,792