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

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 $10,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$825,791$818,435$811,258$804,254$797,414$768,815
2 years$408,807$401,194$393,815$386,660$379,721$351,218
3 years$269,831$262,184$254,824$247,737$240,911$213,399
4 years$200,356$192,733$185,447$178,481$171,819$145,509
5 years$158,683$151,105$143,914$137,090$130,614$105,574
6 years$130,909$123,389$116,304$109,632$103,351$79,599
7 years$111,079$103,622$96,649$90,135$84,052$61,584
8 years$96,213$88,823$81,966$75,612$69,729$48,525
9 years$84,656$77,336$70,598$64,404$58,722$38,755
10 years$75,417$68,168$61,549$55,517$50,034$31,269
11 years$67,862$60,686$54,186$48,317$43,031$25,429
12 years$61,571$54,469$48,089$42,380$37,290$20,808
13 years$56,251$49,224$42,964$37,415$32,517$17,111
14 years$51,696$44,743$38,604$33,213$28,505$14,126
15 years$47,752$40,874$34,854$29,620$25,098$11,700
16 years$44,304$37,501$31,600$26,522$22,181$9,716
17 years$41,265$34,537$28,755$23,830$19,668$8,086
18 years$38,566$31,914$26,250$21,475$17,487$6,741
19 years$36,155$29,577$24,030$19,405$15,587$5,628
20 years$33,987$27,484$22,054$17,575$13,923$4,704
21 years$32,028$25,601$20,285$15,950$12,459$3,936
22 years$30,250$23,897$18,696$14,502$11,168$3,296
23 years$28,629$22,351$17,262$13,208$10,025$2,762
24 years$27,145$20,941$15,965$12,046$9,011$2,316
25 years$25,782$19,652$14,787$11,001$8,108$1,943
26 years$24,525$18,470$13,714$10,059$7,304$1,631
27 years$23,364$17,382$12,734$9,207$6,585$1,369
28 years$22,288$16,379$11,838$8,436$5,942$1,150
29 years$21,288$15,452$11,017$7,736$5,365$966
30 years$20,356$14,593$10,262$7,099$4,848$811
31 years$19,486$13,795$9,567$6,520$4,383$682
32 years$18,672$13,053$8,926$5,992$3,965$573
33 years$17,909$12,361$8,334$5,510$3,588$482
34 years$17,192$11,716$7,787$5,070$3,248$405
35 years$16,518$11,112$7,280$4,667$2,942$340
36 years$15,882$10,547$6,810$4,298$2,666$286
37 years$15,283$10,017$6,374$3,960$2,416$241
38 years$14,716$9,520$5,969$3,650$2,190$202
39 years$14,180$9,053$5,593$3,366$1,986$170
40 years$13,672$8,613$5,242$3,105$1,802$143
41 years$13,189$8,199$4,915$2,864$1,635$120
42 years$12,731$7,808$4,611$2,643$1,483$101
43 years$12,296$7,439$4,327$2,440$1,346$85
44 years$11,881$7,091$4,061$2,253$1,222$72
45 years$11,486$6,762$3,813$2,081$1,109$60
46 years$11,110$6,451$3,582$1,922$1,007$51
47 years$10,750$6,156$3,365$1,776$914$43
48 years$10,406$5,877$3,162$1,641$830$36
49 years$10,078$5,612$2,972$1,516$754$30
50 years$9,763$5,361$2,794$1,402$685$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $10,000,000, adding $4,499 every year, while hoping to spend $53,508 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: 70/10/20 Blend
49$10,000,000$10,000,000$10,000,000$10,000,000
50$11,024,641$10,494,641$10,339,641$11,742,114
51$12,092,222$10,951,946$10,629,087$12,678,557
52$13,266,903$11,429,866$10,926,436$13,696,450
53$14,559,552$11,929,354$11,231,896$14,809,288
54$15,982,143$12,451,409$11,545,681$16,026,456
55$17,547,870$12,997,076$11,868,010$17,358,287
56$19,271,271$13,567,451$12,199,106$18,816,157
57$21,168,364$14,163,680$12,539,200$20,412,591
58$23,256,801$14,786,964$12,888,527$22,161,378
59$25,556,030$15,438,561$13,247,328$24,077,706
60$28,087,483$16,119,788$13,615,851$26,178,293
61$30,874,772$16,832,024$13,994,348$28,481,554
62$33,943,920$17,576,714$14,383,080$31,007,766
63$37,323,598$18,355,372$14,782,312$33,779,262
64$41,045,402$19,169,581$15,192,316$36,820,636
65$45,144,146$20,021,003$15,613,371$40,158,976
66$49,658,193$20,911,377$16,045,763$43,824,117
67$54,629,817$21,842,523$16,489,785$47,848,921
68$60,105,601$22,816,349$16,945,735$52,269,585
69$66,136,877$23,834,855$17,413,922$57,125,979
70$72,780,209$24,900,133$17,894,659$62,462,021
71$80,097,928$26,014,377$18,388,267$68,326,091
72$88,158,719$27,179,885$18,895,077$74,771,482
73$97,038,272$28,399,062$19,415,425$81,856,902
74$106,819,991$29,674,432$19,949,657$89,647,026
75$117,595,785$31,008,634$20,498,126$98,213,104
76$129,466,935$32,404,437$21,061,194$107,633,628
77$142,545,049$33,864,741$21,639,230$117,995,074
78$156,953,113$35,392,583$22,232,614$129,392,712
79$172,826,657$36,991,146$22,841,732$141,931,501
80$190,315,029$38,663,764$23,466,983$155,727,083
81$209,582,806$40,413,933$24,108,771$170,906,863
82$230,811,349$42,245,313$24,767,512$187,611,212
83$254,200,513$44,161,740$25,443,630$205,994,789
84$279,970,534$46,167,233$26,137,560$226,227,996
85$308,364,106$48,266,005$26,849,746$248,498,582
86$339,648,675$50,462,470$27,580,643$273,013,411
87$374,118,960$52,761,251$28,330,714$300,000,412
88$412,099,737$55,167,195$29,100,436$329,710,722
89$453,948,903$57,685,380$29,890,294$362,421,059
90$500,060,856$60,321,129$30,700,784$398,436,322
91$550,870,218$63,080,019$31,532,414$438,092,468
92$606,855,933$65,967,893$32,385,704$481,759,677
93$668,545,796$68,990,877$33,261,182$529,845,840
94$736,521,427$72,155,390$34,159,392$582,800,407
95$811,423,768$75,468,159$35,080,886$641,118,620
96$893,959,127$78,936,234$36,026,231$705,346,182
97$984,905,852$82,567,004$36,996,004$776,084,407
98$1,085,121,675$86,368,213$37,990,796$853,995,883
99$1,195,551,807$90,347,977$39,011,209$939,810,723
100$1,317,237,866$94,514,802$40,057,859$1,034,333,451