Can I retire at age 50 with 10,900,000?

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 $10,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$900,112$892,094$884,272$876,637$869,181$842,708
2 years$445,600$437,301$429,258$421,460$413,896$387,452
3 years$294,116$285,781$277,758$270,033$262,593$237,007
4 years$218,389$210,079$202,137$194,544$187,283$162,752
5 years$172,964$164,705$156,867$149,428$142,370$118,960
6 years$142,691$134,494$126,772$119,499$112,652$90,384
7 years$121,076$112,948$105,348$98,247$91,616$70,488
8 years$104,872$96,817$89,343$82,417$76,005$56,003
9 years$92,275$84,297$76,951$70,201$64,007$45,111
10 years$82,204$74,303$67,088$60,514$54,537$36,719
11 years$73,969$66,148$59,063$52,665$46,904$30,133
12 years$67,112$59,371$52,417$46,194$40,646$24,888
13 years$61,314$53,654$46,831$40,783$35,444$20,662
14 years$56,349$48,770$42,078$36,202$31,070$17,225
15 years$52,049$44,552$37,991$32,286$27,356$14,409
16 years$48,291$40,876$34,444$28,909$24,178$12,087
17 years$44,978$37,645$31,343$25,974$21,438$10,163
18 years$42,037$34,786$28,612$23,408$19,061$8,561
19 years$39,408$32,239$26,193$21,151$16,990$7,224
20 years$37,046$29,958$24,039$19,156$15,176$6,103
21 years$34,911$27,905$22,111$17,386$13,580$5,163
22 years$32,972$26,048$20,379$15,808$12,173$4,371
23 years$31,205$24,362$18,816$14,396$10,927$3,704
24 years$29,588$22,826$17,402$13,130$9,822$3,140
25 years$28,102$21,421$16,117$11,991$8,838$2,664
26 years$26,733$20,132$14,948$10,964$7,961$2,261
27 years$25,467$18,947$13,881$10,036$7,177$1,920
28 years$24,294$17,853$12,904$9,195$6,476$1,631
29 years$23,203$16,843$12,008$8,432$5,848$1,386
30 years$22,188$15,906$11,185$7,738$5,284$1,178
31 years$21,239$15,037$10,428$7,107$4,777$1,001
32 years$20,352$14,228$9,729$6,532$4,321$851
33 years$19,520$13,474$9,084$6,006$3,911$724
34 years$18,739$12,770$8,488$5,526$3,541$616
35 years$18,004$12,112$7,935$5,087$3,207$524
36 years$17,312$11,496$7,423$4,685$2,906$445
37 years$16,658$10,919$6,948$4,317$2,634$379
38 years$16,041$10,377$6,507$3,979$2,388$322
39 years$15,456$9,867$6,096$3,669$2,165$274
40 years$14,902$9,388$5,714$3,384$1,964$233
41 years$14,376$8,936$5,358$3,122$1,782$198
42 years$13,877$8,511$5,026$2,881$1,617$169
43 years$13,403$8,109$4,716$2,660$1,467$144
44 years$12,951$7,730$4,427$2,456$1,332$122
45 years$12,520$7,371$4,157$2,268$1,209$104
46 years$12,110$7,032$3,904$2,095$1,098$89
47 years$11,718$6,710$3,668$1,936$997$75
48 years$11,343$6,406$3,447$1,789$905$64
49 years$10,985$6,117$3,240$1,653$822$55
50 years$10,642$5,843$3,046$1,528$747$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $10,900,000, adding $5,803 every year, while hoping to spend $33,565 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: 50/24/26 Blend
49$10,900,000$10,900,000$10,900,000$10,900,000
50$12,017,786$11,440,086$11,271,136$12,530,195
51$13,207,887$11,964,937$11,613,006$13,412,922
52$14,518,254$12,514,381$11,965,204$14,367,981
53$15,961,117$13,089,588$12,328,040$15,405,394
54$17,549,956$13,691,782$12,701,834$16,532,980
55$19,299,622$14,322,250$13,086,916$17,759,336
56$21,226,480$14,982,337$13,483,624$19,093,909
57$23,348,564$15,673,454$13,892,308$20,547,084
58$25,685,745$16,397,081$14,313,329$22,130,280
59$28,259,921$17,154,768$14,747,055$23,856,053
60$31,095,222$17,948,140$15,193,870$25,738,210
61$34,218,236$18,778,901$15,654,166$27,791,935
62$37,658,263$19,648,834$16,128,348$30,033,932
63$41,447,591$20,559,812$16,616,832$32,482,573
64$45,621,798$21,513,795$17,120,049$35,158,072
65$50,220,090$22,512,841$17,638,440$38,082,668
66$55,285,672$23,559,102$18,172,460$41,280,831
67$60,866,152$24,654,840$18,722,579$44,779,489
68$67,013,993$25,802,420$19,289,279$48,608,274
69$73,787,008$27,004,326$19,873,057$52,799,800
70$81,248,904$28,263,160$20,474,426$57,389,963
71$89,469,886$29,581,648$21,093,913$62,418,274
72$98,527,316$30,962,651$21,732,061$67,928,226
73$108,506,446$32,409,165$22,389,429$73,967,697
74$119,501,222$33,924,333$23,066,593$80,589,397
75$131,615,170$35,511,448$23,764,147$87,851,357
76$144,962,372$37,173,963$24,482,701$95,817,472
77$159,668,546$38,915,499$25,222,883$104,558,092
78$175,872,230$40,739,851$25,985,342$114,150,681
79$193,726,090$42,650,997$26,770,744$124,680,540
80$213,398,364$44,653,108$27,579,777$136,241,601
81$235,074,444$46,750,558$28,413,146$148,937,308
82$258,958,632$48,947,930$29,271,581$162,881,580
83$285,276,065$51,250,031$30,155,832$178,199,879
84$314,274,842$53,661,900$31,066,670$195,030,385
85$346,228,362$56,188,820$32,004,890$213,525,286
86$381,437,913$58,836,330$32,971,312$233,852,203
87$420,235,507$61,610,237$33,966,778$256,195,766
88$462,987,020$64,516,630$34,992,156$280,759,338
89$510,095,643$67,561,892$36,048,340$307,766,925
90$562,005,690$70,752,716$37,136,251$337,465,277
91$619,206,791$74,096,120$38,256,836$370,126,201
92$682,238,515$77,599,461$39,411,071$406,049,114
93$751,695,463$81,270,453$40,599,961$445,563,855
94$828,232,880$85,117,186$41,824,540$489,033,777
95$912,572,846$89,148,139$43,085,874$536,859,169
96$1,005,511,084$93,372,206$44,385,059$589,481,008
97$1,107,924,481$97,798,711$45,723,224$647,385,110
98$1,220,779,359$102,437,429$47,101,533$711,106,692
99$1,345,140,602$107,298,611$48,521,183$781,235,407
100$1,482,181,707$112,393,006$49,983,406$858,420,891