Can I retire at age 50 with 10,400,000?

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 $10,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$858,822$851,172$843,709$836,424$829,311$813,565
2 years$425,160$417,241$409,567$402,127$394,910$379,108
3 years$280,624$272,672$265,017$257,647$250,547$235,181
4 years$208,371$200,443$192,865$185,620$178,692$163,881
5 years$165,030$157,149$149,671$142,574$135,839$121,624
6 years$136,145$128,324$120,956$114,017$107,485$93,882
7 years$115,522$107,767$100,515$93,740$87,414$74,427
8 years$100,061$92,376$85,245$78,636$72,518$60,144
9 years$88,043$80,430$73,421$66,981$61,071$49,301
10 years$78,433$70,895$64,010$57,738$52,035$40,860
11 years$70,576$63,114$56,354$50,249$44,752$34,157
12 years$64,033$56,647$50,013$44,075$38,781$28,752
13 years$58,502$51,193$44,683$38,912$33,818$24,339
14 years$53,764$46,533$40,148$34,542$29,645$20,698
15 years$49,662$42,508$36,248$30,805$26,102$17,669
16 years$46,076$39,001$32,864$27,583$23,069$15,131
17 years$42,915$35,918$29,905$24,783$20,454$12,992
18 years$40,109$33,190$27,299$22,334$18,187$11,181
19 years$37,601$30,760$24,991$20,181$16,210$9,641
20 years$35,346$28,584$22,936$18,278$14,479$8,327
21 years$33,309$26,625$21,097$16,588$12,957$7,202
22 years$31,460$24,853$19,444$15,082$11,615$6,236
23 years$29,774$23,245$17,953$13,736$10,426$5,405
24 years$28,230$21,779$16,603$12,528$9,371$4,690
25 years$26,813$20,438$15,378$11,441$8,432$4,072
26 years$25,506$19,209$14,262$10,461$7,596$3,537
27 years$24,299$18,078$13,244$9,575$6,848$3,075
28 years$23,179$17,034$12,312$8,773$6,179$2,675
29 years$22,139$16,070$11,457$8,045$5,580$2,327
30 years$21,170$15,176$10,672$7,383$5,042$2,026
31 years$20,265$14,347$9,949$6,781$4,558$1,764
32 years$19,418$13,575$9,283$6,232$4,123$1,536
33 years$18,625$12,856$8,667$5,731$3,731$1,338
34 years$17,880$12,184$8,098$5,273$3,378$1,166
35 years$17,178$11,557$7,571$4,854$3,060$1,016
36 years$16,518$10,969$7,083$4,470$2,772$886
37 years$15,894$10,418$6,629$4,119$2,513$772
38 years$15,305$9,901$6,208$3,796$2,278$673
39 years$14,747$9,415$5,816$3,501$2,066$587
40 years$14,218$8,957$5,452$3,229$1,874$512
41 years$13,717$8,527$5,112$2,979$1,700$446
42 years$13,241$8,120$4,795$2,749$1,543$389
43 years$12,788$7,737$4,500$2,538$1,400$340
44 years$12,357$7,375$4,224$2,343$1,271$296
45 years$11,946$7,033$3,966$2,164$1,154$258
46 years$11,554$6,709$3,725$1,999$1,047$225
47 years$11,180$6,402$3,499$1,847$951$197
48 years$10,823$6,112$3,288$1,707$864$172
49 years$10,481$5,837$3,091$1,577$784$150
50 years$10,154$5,575$2,906$1,458$713$131

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $10,400,000, adding $6,516 every year, while hoping to spend $33,959 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: 83/5/12 Blend
49$10,400,000$10,400,000$10,400,000$10,400,000
50$11,467,521$10,916,321$10,755,121$12,394,682
51$12,601,076$11,415,089$11,079,286$13,501,768
52$13,849,116$11,937,158$11,413,171$14,712,194
53$15,223,281$12,483,634$11,757,068$16,040,508
54$16,736,401$13,055,677$12,111,275$17,498,541
55$18,402,609$13,654,501$12,476,098$19,099,322
56$20,237,482$14,281,379$12,851,855$20,857,206
57$22,258,184$14,937,644$13,238,870$22,788,000
58$24,483,625$15,624,696$13,637,479$24,909,119
59$26,934,648$16,343,999$14,048,027$27,239,744
60$29,634,217$17,097,089$14,470,871$29,801,005
61$32,607,636$17,885,576$14,906,374$32,616,178
62$35,882,793$18,711,147$15,354,916$35,710,903
63$39,490,414$19,575,570$15,816,882$39,113,428
64$43,464,362$20,480,698$16,292,673$42,854,871
65$47,841,949$21,428,474$16,782,700$46,969,514
66$52,664,293$22,420,935$17,287,385$51,495,125
67$57,976,703$23,460,213$17,807,165$56,473,313
68$63,829,110$24,548,547$18,342,488$61,949,920
69$70,276,535$25,688,281$18,893,817$67,975,451
70$77,379,607$26,881,872$19,461,625$74,605,552
71$85,205,141$28,131,898$20,046,404$81,901,530
72$93,826,763$29,441,059$20,648,656$89,930,933
73$103,325,608$30,812,185$21,268,901$98,768,183
74$113,791,083$32,248,245$21,907,672$108,495,281
75$125,321,713$33,752,350$22,565,519$119,202,576
76$138,026,073$35,327,759$23,243,009$130,989,616
77$152,023,805$36,977,892$23,940,722$143,966,087
78$167,446,757$38,706,333$24,659,260$158,252,847
79$184,440,220$40,516,838$25,399,240$173,983,061
80$203,164,305$42,413,345$26,161,296$191,303,461
81$223,795,448$44,399,983$26,946,084$210,375,726
82$246,528,082$46,481,080$27,754,276$231,378,006
83$271,576,468$48,661,175$28,586,566$254,506,600
84$299,176,719$50,945,023$29,443,667$279,977,811
85$329,589,028$53,337,613$30,326,313$308,029,979
86$363,100,125$55,844,173$31,235,261$338,925,734
87$400,025,985$58,470,184$32,171,289$372,954,468
88$440,714,806$61,221,393$33,135,198$410,435,067
89$485,550,301$64,103,826$34,127,812$451,718,915
90$534,955,318$67,123,800$35,149,980$497,193,212
91$589,395,831$70,287,937$36,202,575$547,284,621
92$649,385,342$73,603,182$37,286,498$602,463,298
93$715,489,723$77,076,815$38,402,672$663,247,322
94$788,332,565$80,716,468$39,552,051$730,207,583
95$868,601,057$84,530,146$40,735,615$803,973,168
96$957,052,480$88,526,239$41,954,374$885,237,299
97$1,054,521,354$92,713,545$43,209,366$974,763,866
98$1,161,927,312$97,101,288$44,501,660$1,073,394,639
99$1,280,283,788$101,699,142$45,832,356$1,182,057,209
100$1,410,707,582$106,517,247$47,202,587$1,301,773,742