Can I retire at age 50 with 10,500,000?

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 $10,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$867,080$859,357$851,821$844,466$837,285$824,092
2 years$429,248$421,253$413,506$405,993$398,707$385,450
3 years$283,323$275,294$267,565$260,124$252,956$240,047
4 years$210,374$202,370$194,719$187,405$180,410$167,949
5 years$166,617$158,661$151,110$143,945$137,145$125,167
6 years$137,455$129,558$122,119$115,114$108,518$97,037
7 years$116,633$108,803$101,482$94,641$88,254$77,274
8 years$101,023$93,264$86,065$79,392$73,216$62,734
9 years$88,889$81,203$74,127$67,625$61,658$51,671
10 years$79,187$71,577$64,626$58,293$52,536$43,034
11 years$71,255$63,720$56,896$50,732$45,183$36,156
12 years$64,649$57,192$50,493$44,499$39,154$30,592
13 years$59,064$51,685$45,113$39,286$34,143$26,033
14 years$54,281$46,980$40,534$34,874$29,930$22,258
15 years$50,139$42,917$36,597$31,101$26,353$19,106
16 years$46,519$39,376$33,180$27,848$23,290$16,454
17 years$43,328$36,264$30,193$25,021$20,651$14,209
18 years$40,494$33,509$27,562$22,549$18,362$12,300
19 years$37,962$31,056$25,232$20,375$16,366$10,668
20 years$35,686$28,859$23,156$18,453$14,619$9,269
21 years$33,630$26,881$21,299$16,748$13,082$8,065
22 years$31,762$25,092$19,631$15,227$11,726$7,027
23 years$30,060$23,468$18,125$13,868$10,526$6,129
24 years$28,502$21,988$16,763$12,648$9,461$5,351
25 years$27,071$20,635$15,526$11,551$8,514$4,675
26 years$25,752$19,393$14,399$10,562$7,669$4,088
27 years$24,532$18,251$13,371$9,668$6,914$3,577
28 years$23,402$17,198$12,430$8,858$6,239$3,131
29 years$22,352$16,225$11,567$8,123$5,633$2,742
30 years$21,373$15,322$10,775$7,454$5,090$2,403
31 years$20,460$14,485$10,045$6,846$4,602$2,106
32 years$19,605$13,706$9,372$6,292$4,163$1,846
33 years$18,804$12,979$8,751$5,786$3,767$1,619
34 years$18,051$12,301$8,176$5,324$3,411$1,420
35 years$17,344$11,668$7,644$4,901$3,089$1,246
36 years$16,676$11,074$7,151$4,513$2,799$1,094
37 years$16,047$10,518$6,693$4,158$2,537$960
38 years$15,452$9,996$6,268$3,833$2,300$843
39 years$14,889$9,505$5,872$3,534$2,086$740
40 years$14,355$9,043$5,504$3,260$1,892$650
41 years$13,849$8,608$5,161$3,008$1,716$570
42 years$13,368$8,198$4,841$2,776$1,557$501
43 years$12,911$7,811$4,543$2,562$1,413$440
44 years$12,475$7,446$4,264$2,366$1,283$386
45 years$12,061$7,100$4,004$2,185$1,165$339
46 years$11,665$6,773$3,761$2,018$1,057$298
47 years$11,288$6,464$3,533$1,865$960$262
48 years$10,927$6,171$3,320$1,723$872$230
49 years$10,582$5,893$3,121$1,592$792$202
50 years$10,252$5,629$2,934$1,472$719$178

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $10,500,000, adding $2,583 every year, while hoping to spend $26,479 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: 49/34/17 Blend
49$10,500,000$10,500,000$10,500,000$10,500,000
50$11,573,664$11,017,164$10,854,414$12,085,803
51$12,726,005$11,528,832$11,189,864$12,951,702
52$13,994,996$12,064,684$11,535,663$13,888,869
53$15,392,510$12,625,877$11,892,132$14,906,349
54$16,931,625$13,213,624$12,259,598$16,011,697
55$18,626,756$13,829,197$12,638,399$17,213,208
56$20,493,786$14,473,929$13,028,887$18,519,996
57$22,550,216$15,149,216$13,431,419$19,942,073
58$24,815,334$15,856,523$13,846,367$21,490,441
59$27,310,391$16,597,385$14,274,113$23,177,190
60$30,058,806$17,373,412$14,715,051$25,015,610
61$33,086,387$18,186,292$15,169,587$27,020,309
62$36,421,570$19,037,792$15,638,141$29,207,348
63$40,095,694$19,929,768$16,121,142$31,594,385
64$44,143,291$20,864,163$16,619,036$34,200,838
65$48,602,415$21,843,015$17,132,282$37,048,064
66$53,514,999$22,868,460$17,661,352$40,159,550
67$58,927,254$23,942,740$18,206,732$43,561,135
68$64,890,101$25,068,201$18,768,925$47,281,240
69$71,459,655$26,247,307$19,348,447$51,351,136
70$78,697,752$27,482,637$19,945,833$55,805,226
71$86,672,536$28,776,899$20,561,631$60,681,370
72$95,459,097$30,132,930$21,196,408$66,021,226
73$105,140,185$31,553,704$21,850,748$71,870,641
74$115,806,989$33,042,340$22,525,253$78,280,072
75$127,559,995$34,602,109$23,220,543$85,305,058
76$140,509,940$36,236,437$23,937,256$93,006,727
77$154,778,853$37,948,921$24,676,053$101,452,371
78$170,501,206$39,743,329$25,437,611$110,716,067
79$187,825,190$41,623,613$26,222,632$120,879,366
80$206,914,105$43,593,915$27,031,836$132,032,052
81$227,947,907$45,658,581$27,865,966$144,272,979
82$251,124,908$47,822,165$28,725,790$157,710,989
83$276,663,641$50,089,444$29,612,096$172,465,929
84$304,804,931$52,465,425$30,525,700$188,669,769
85$335,814,163$54,955,360$31,467,440$206,467,832
86$369,983,789$57,564,754$32,438,180$226,020,151
87$407,636,089$60,299,381$33,438,813$247,502,969
88$449,126,213$63,165,293$34,470,256$271,110,378
89$494,845,534$66,168,840$35,533,457$297,056,143
90$545,225,342$69,316,677$36,629,392$325,575,698
91$600,740,916$72,615,783$37,759,065$356,928,350
92$661,916,009$76,073,476$38,923,514$391,399,708
93$729,327,797$79,697,432$40,123,807$429,304,359
94$803,612,323$83,495,696$41,361,045$470,988,819
95$885,470,503$87,476,708$42,636,362$516,834,777
96$975,674,743$91,649,315$43,950,929$567,262,679
97$1,075,076,232$96,022,798$45,305,951$622,735,671
98$1,184,612,978$100,606,885$46,702,670$683,763,948
99$1,305,318,659$105,411,779$48,142,367$750,909,538
100$1,438,332,387$110,448,181$49,626,361$824,791,589