Can I retire at age 50 with 10,600,000?

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 $10,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$875,338$867,541$859,934$852,509$845,259$826,841
2 years$433,336$425,265$417,444$409,860$402,504$384,041
3 years$286,021$277,916$270,114$262,601$255,365$237,434
4 years$212,378$204,297$196,574$189,189$182,129$164,866
5 years$168,204$160,172$152,549$145,316$138,451$121,907
6 years$138,764$130,792$123,282$116,210$109,552$93,743
7 years$117,743$109,839$102,448$95,543$89,095$74,025
8 years$101,985$94,152$86,884$80,148$73,913$59,576
9 years$89,736$81,977$74,833$68,269$62,245$48,631
10 years$79,942$72,258$65,241$58,848$53,036$40,131
11 years$71,933$64,327$57,438$51,216$45,613$33,400
12 years$65,265$57,737$50,974$44,923$39,527$27,987
13 years$59,627$52,177$45,542$39,660$34,468$23,581
14 years$54,798$47,428$40,920$35,206$30,215$19,958
15 years$50,617$43,326$36,945$31,398$26,603$16,955
16 years$46,962$39,751$33,496$28,113$23,512$14,448
17 years$43,741$36,609$30,480$25,259$20,848$12,344
18 years$40,880$33,828$27,824$22,764$18,537$10,569
19 years$38,324$31,352$25,472$20,569$16,522$9,066
20 years$36,026$29,134$23,377$18,629$14,758$7,789
21 years$33,950$27,137$21,502$16,907$13,207$6,701
22 years$32,065$25,331$19,818$15,373$11,838$5,771
23 years$30,346$23,692$18,298$14,000$10,626$4,975
24 years$28,773$22,198$16,923$12,769$9,551$4,292
25 years$27,328$20,831$15,674$11,661$8,595$3,706
26 years$25,997$19,578$14,537$10,662$7,742$3,202
27 years$24,766$18,425$13,499$9,760$6,980$2,768
28 years$23,625$17,362$12,549$8,942$6,298$2,393
29 years$22,565$16,379$11,678$8,200$5,687$2,071
30 years$21,577$15,468$10,877$7,525$5,139$1,792
31 years$20,655$14,623$10,141$6,912$4,646$1,551
32 years$19,792$13,836$9,461$6,352$4,202$1,343
33 years$18,983$13,103$8,834$5,841$3,803$1,163
34 years$18,223$12,419$8,254$5,374$3,443$1,008
35 years$17,509$11,779$7,717$4,947$3,119$873
36 years$16,835$11,180$7,219$4,556$2,826$757
37 years$16,200$10,618$6,757$4,198$2,561$656
38 years$15,599$10,091$6,328$3,869$2,322$568
39 years$15,031$9,596$5,928$3,568$2,106$493
40 years$14,492$9,130$5,556$3,291$1,910$427
41 years$13,981$8,690$5,210$3,036$1,733$370
42 years$13,495$8,277$4,887$2,802$1,572$321
43 years$13,034$7,886$4,586$2,587$1,427$278
44 years$12,594$7,517$4,305$2,388$1,295$241
45 years$12,176$7,168$4,042$2,206$1,176$209
46 years$11,776$6,838$3,796$2,037$1,068$181
47 years$11,395$6,526$3,567$1,882$969$157
48 years$11,031$6,230$3,352$1,739$880$136
49 years$10,683$5,949$3,150$1,607$800$118
50 years$10,349$5,683$2,962$1,486$726$103

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $10,600,000, adding $6,987 every year, while hoping to spend $31,902 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: 41/50/9 Blend
49$10,600,000$10,600,000$10,600,000$10,600,000
50$11,688,407$11,126,607$10,962,307$12,136,121
51$12,846,681$11,637,867$11,295,601$12,961,463
52$14,122,030$12,173,110$11,638,991$13,850,440
53$15,526,361$12,733,477$11,992,781$14,811,842
54$17,072,797$13,320,164$12,357,286$15,852,253
55$18,775,796$13,934,425$12,732,829$16,978,894
56$20,651,290$14,577,575$13,119,741$18,199,685
57$22,716,835$15,250,991$13,518,367$19,523,311
58$24,991,779$15,956,115$13,929,059$20,959,304
59$27,497,438$16,694,463$14,352,180$22,518,123
60$30,257,305$17,467,619$14,788,106$24,211,249
61$33,297,264$18,277,247$15,237,221$26,051,285
62$36,645,841$19,125,088$15,699,924$28,052,071
63$40,334,469$20,012,969$16,176,624$30,228,805
64$44,397,785$20,942,806$16,667,742$32,598,181
65$48,873,960$21,916,604$17,173,712$35,178,537
66$53,805,054$22,936,468$17,694,981$37,990,023
67$59,237,417$24,004,602$18,232,010$41,054,780
68$65,222,125$25,123,319$18,785,274$44,397,141
69$71,815,462$26,295,041$19,355,261$48,043,854
70$79,079,450$27,522,310$19,942,473$52,024,320
71$87,082,438$28,807,786$20,547,430$56,370,866
72$95,899,742$30,154,264$21,170,664$61,119,036
73$105,614,360$31,564,667$21,812,726$66,307,915
74$116,317,754$33,042,065$22,474,182$71,980,490
75$128,110,713$34,589,674$23,155,615$78,184,040
76$141,104,302$36,210,865$23,857,624$84,970,572
77$155,420,916$37,909,172$24,580,830$92,397,296
78$171,195,430$39,688,302$25,325,868$100,527,156
79$188,576,473$41,552,139$26,093,394$109,429,405
80$207,727,836$43,504,755$26,884,085$119,180,243
81$228,830,009$45,550,422$27,698,635$129,863,527
82$252,081,892$47,693,615$28,537,762$141,571,537
83$277,702,671$49,939,029$29,402,203$154,405,837
84$305,933,885$52,291,582$30,292,719$168,478,209
85$337,041,707$54,756,436$31,210,091$183,911,697
86$371,319,458$57,338,998$32,155,126$200,841,740
87$409,090,374$60,044,940$33,128,654$219,417,434
88$450,710,658$62,880,208$34,131,529$239,802,917
89$496,572,842$65,851,035$35,164,632$262,178,895
90$547,109,494$68,963,958$36,228,870$286,744,325
91$602,797,301$72,225,831$37,325,176$313,718,263
92$664,161,568$75,643,838$38,454,510$343,341,912
93$731,781,176$79,225,514$39,617,865$375,880,867
94$806,294,050$82,978,759$40,816,258$411,627,592
95$888,403,181$86,911,856$42,050,740$450,904,155
96$978,883,258$91,033,489$43,322,392$494,065,233
97$1,078,587,985$95,352,765$44,632,328$541,501,426
98$1,188,458,142$99,879,233$45,981,693$593,642,913
99$1,309,530,462$104,622,905$47,371,669$650,963,471
100$1,442,947,420$109,594,278$48,803,471$713,984,914