Can I retire at age 50 with 10,800,000?

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 $10,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$891,854$883,910$876,159$868,594$861,207$832,307
2 years$441,512$433,289$425,320$417,593$410,099$381,268
3 years$291,417$283,159$275,210$267,556$260,183$232,327
4 years$216,385$208,152$200,283$192,759$185,565$158,895
5 years$171,377$163,194$155,427$148,057$141,064$115,652
6 years$141,382$133,260$125,608$118,403$111,619$87,486
7 years$119,965$111,911$104,381$97,345$90,776$67,918
8 years$103,910$95,929$88,524$81,661$75,307$53,707
9 years$91,429$83,523$76,245$69,557$63,420$43,051
10 years$81,450$73,622$66,472$59,959$54,037$34,867
11 years$73,291$65,541$58,521$52,182$46,473$28,465
12 years$66,496$58,826$51,936$45,771$40,273$23,386
13 years$60,752$53,162$46,401$40,409$35,119$19,309
14 years$55,832$48,322$41,692$35,870$30,785$16,009
15 years$51,572$44,143$37,642$31,990$27,105$13,316
16 years$47,848$40,501$34,128$28,644$23,956$11,106
17 years$44,566$37,300$31,055$25,736$21,241$9,283
18 years$41,651$34,467$28,349$23,193$18,886$7,774
19 years$39,047$31,943$25,953$20,957$16,834$6,520
20 years$36,706$29,683$23,818$18,981$15,036$5,475
21 years$34,590$27,649$21,908$17,226$13,456$4,602
22 years$32,670$25,809$20,192$15,663$12,061$3,872
23 years$30,919$24,139$18,643$14,264$10,827$3,261
24 years$29,316$22,616$17,242$13,010$9,731$2,747
25 years$27,844$21,224$15,970$11,881$8,757$2,316
26 years$26,487$19,948$14,811$10,864$7,888$1,953
27 years$25,233$18,773$13,753$9,944$7,112$1,647
28 years$24,071$17,690$12,785$9,111$6,417$1,390
29 years$22,991$16,688$11,898$8,355$5,794$1,174
30 years$21,984$15,760$11,082$7,667$5,235$991
31 years$21,044$14,899$10,332$7,042$4,733$837
32 years$20,165$14,097$9,640$6,472$4,282$707
33 years$19,341$13,350$9,001$5,951$3,875$597
34 years$18,567$12,653$8,410$5,476$3,508$504
35 years$17,839$12,001$7,863$5,041$3,178$426
36 years$17,153$11,391$7,355$4,642$2,879$360
37 years$16,505$10,819$6,884$4,277$2,609$304
38 years$15,893$10,282$6,447$3,942$2,366$257
39 years$15,314$9,777$6,040$3,635$2,145$217
40 years$14,765$9,302$5,661$3,353$1,946$184
41 years$14,245$8,854$5,309$3,093$1,765$155
42 years$13,750$8,433$4,980$2,855$1,602$131
43 years$13,280$8,035$4,673$2,635$1,454$111
44 years$12,832$7,659$4,386$2,433$1,320$94
45 years$12,405$7,303$4,118$2,247$1,198$79
46 years$11,998$6,967$3,868$2,076$1,088$67
47 years$11,610$6,649$3,634$1,918$988$57
48 years$11,239$6,347$3,415$1,772$897$48
49 years$10,884$6,061$3,210$1,638$815$40
50 years$10,545$5,790$3,018$1,514$740$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $10,800,000, adding $5,790 every year, while hoping to spend $58,804 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: 64/31/5 Blend
49$10,800,000$10,800,000$10,800,000$10,800,000
50$11,907,572$11,335,172$11,167,772$12,660,861
51$13,059,578$11,828,029$11,479,326$13,655,349
52$14,327,117$12,343,064$11,799,345$14,733,503
53$15,721,912$12,881,304$12,128,053$15,909,407
54$17,256,879$13,443,820$12,465,675$17,192,532
55$18,946,250$14,031,736$12,812,444$18,593,293
56$20,805,706$14,646,229$13,168,599$20,123,144
57$22,852,524$15,288,531$13,534,383$21,794,686
58$25,105,744$15,959,932$13,910,048$23,621,777
59$27,586,344$16,661,782$14,295,848$25,619,666
60$30,317,439$17,395,498$14,692,047$27,805,131
61$33,324,500$18,162,560$15,098,913$30,196,631
62$36,635,595$18,964,520$15,516,722$32,814,480
63$40,281,648$19,803,004$15,945,755$35,681,034
64$44,296,740$20,679,715$16,386,301$38,820,895
65$48,718,421$21,596,435$16,838,656$42,261,144
66$53,588,071$22,555,032$17,303,123$46,031,589
67$58,951,288$23,557,462$17,780,011$50,165,039
68$64,858,315$24,605,773$18,269,637$54,697,615
69$71,364,520$25,702,113$18,772,327$59,669,081
70$78,530,914$26,848,729$19,288,412$65,123,215
71$86,424,727$28,047,977$19,818,234$71,108,217
72$95,120,044$29,302,322$20,362,140$77,677,158
73$104,698,503$30,614,351$20,920,486$84,888,476
74$115,250,066$31,986,770$21,493,638$92,806,517
75$126,873,867$33,422,415$22,081,969$101,502,141
76$139,679,146$34,924,258$22,685,859$111,053,379
77$153,786,284$36,495,413$23,305,701$121,546,167
78$169,327,936$38,139,139$23,941,893$133,075,145
79$186,450,284$39,858,855$24,594,845$145,744,544
80$205,314,414$41,658,140$25,264,973$159,669,162
81$226,097,841$43,540,745$25,952,706$174,975,438
82$248,996,180$45,510,601$26,658,481$191,802,637
83$274,224,995$47,571,825$27,382,745$210,304,155
84$302,021,831$49,728,732$28,125,954$230,648,955
85$332,648,461$51,985,842$28,888,576$253,023,153
86$366,393,350$54,347,894$29,671,089$277,631,765
87$403,574,382$56,819,851$30,473,981$304,700,627
88$444,541,859$59,406,915$31,297,750$334,478,520
89$489,681,811$62,114,535$32,142,907$367,239,500
90$539,419,633$64,948,425$33,009,971$403,285,475
91$594,224,107$67,914,569$33,899,476$442,949,042
92$654,611,822$71,019,239$34,811,966$486,596,611
93$721,152,056$74,269,010$35,747,994$534,631,846
94$794,472,143$77,670,768$36,708,129$587,499,466
95$875,263,400$81,231,734$37,692,950$645,689,419
96$964,287,650$84,959,474$38,703,048$709,741,496
97$1,062,384,417$88,861,914$39,739,026$780,250,407
98$1,170,478,847$92,947,367$40,801,502$857,871,372
99$1,289,590,441$97,224,540$41,891,105$943,326,292
100$1,420,842,685$101,702,561$43,008,475$1,037,410,539