Can I retire at age 53 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%17.6%
1 years$825,791$818,435$811,258$804,254$797,414$772,817
2 years$408,807$401,194$393,815$386,660$379,721$355,155
3 years$269,831$262,184$254,824$247,737$240,911$217,146
4 years$200,356$192,733$185,447$178,481$171,819$149,038
5 years$158,683$151,105$143,914$137,090$130,614$108,878
6 years$130,909$123,389$116,304$109,632$103,351$82,679
7 years$111,079$103,622$96,649$90,135$84,052$64,443
8 years$96,213$88,823$81,966$75,612$69,729$51,170
9 years$84,656$77,336$70,598$64,404$58,722$41,192
10 years$75,417$68,168$61,549$55,517$50,034$33,509
11 years$67,862$60,686$54,186$48,317$43,031$27,481
12 years$61,571$54,469$48,089$42,380$37,290$22,682
13 years$56,251$49,224$42,964$37,415$32,517$18,818
14 years$51,696$44,743$38,604$33,213$28,505$15,677
15 years$47,752$40,874$34,854$29,620$25,098$13,105
16 years$44,304$37,501$31,600$26,522$22,181$10,985
17 years$41,265$34,537$28,755$23,830$19,668$9,229
18 years$38,566$31,914$26,250$21,475$17,487$7,769
19 years$36,155$29,577$24,030$19,405$15,587$6,551
20 years$33,987$27,484$22,054$17,575$13,923$5,530
21 years$32,028$25,601$20,285$15,950$12,459$4,674
22 years$30,250$23,897$18,696$14,502$11,168$3,954
23 years$28,629$22,351$17,262$13,208$10,025$3,348
24 years$27,145$20,941$15,965$12,046$9,011$2,836
25 years$25,782$19,652$14,787$11,001$8,108$2,404
26 years$24,525$18,470$13,714$10,059$7,304$2,039
27 years$23,364$17,382$12,734$9,207$6,585$1,730
28 years$22,288$16,379$11,838$8,436$5,942$1,468
29 years$21,288$15,452$11,017$7,736$5,365$1,247
30 years$20,356$14,593$10,262$7,099$4,848$1,059
31 years$19,486$13,795$9,567$6,520$4,383$899
32 years$18,672$13,053$8,926$5,992$3,965$764
33 years$17,909$12,361$8,334$5,510$3,588$649
34 years$17,192$11,716$7,787$5,070$3,248$551
35 years$16,518$11,112$7,280$4,667$2,942$469
36 years$15,882$10,547$6,810$4,298$2,666$398
37 years$15,283$10,017$6,374$3,960$2,416$339
38 years$14,716$9,520$5,969$3,650$2,190$288
39 years$14,180$9,053$5,593$3,366$1,986$245
40 years$13,672$8,613$5,242$3,105$1,802$208
41 years$13,189$8,199$4,915$2,864$1,635$177
42 years$12,731$7,808$4,611$2,643$1,483$150
43 years$12,296$7,439$4,327$2,440$1,346$128
44 years$11,881$7,091$4,061$2,253$1,222$109
45 years$11,486$6,762$3,813$2,081$1,109$92
46 years$11,110$6,451$3,582$1,922$1,007$79
47 years$10,750$6,156$3,365$1,776$914$67
48 years$10,406$5,877$3,162$1,641$830$57
49 years$10,078$5,612$2,972$1,516$754$48
50 years$9,763$5,361$2,794$1,402$685$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $10,000,000, adding $2,008 every year, while hoping to spend $44,608 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: 37/45/18 Blend
52$10,000,000$10,000,000$10,000,000$10,000,000
53$11,022,071$10,492,071$10,337,071$11,369,791
54$12,098,860$10,958,720$10,635,901$12,087,974
55$13,283,986$11,446,740$10,943,246$12,858,840
56$14,588,453$11,957,130$11,259,345$13,690,559
57$16,024,384$12,490,939$11,584,442$14,588,613
58$17,605,140$13,049,264$11,918,789$15,559,014
59$19,345,441$13,633,254$12,262,645$16,608,355
60$21,261,506$14,244,113$12,616,274$17,743,868
61$23,371,209$14,883,104$12,979,948$18,973,487
62$25,694,244$15,551,548$13,353,948$20,305,918
63$28,252,312$16,250,830$13,738,561$21,750,716
64$31,069,327$16,982,400$14,134,082$23,318,373
65$34,171,639$17,747,778$14,540,815$25,020,405
66$37,588,284$18,548,556$14,959,070$26,869,461
67$41,351,258$19,386,404$15,389,167$28,879,436
68$45,495,817$20,263,069$15,831,435$31,065,591
69$50,060,813$21,180,382$16,286,211$33,444,694
70$55,089,059$22,140,263$16,753,841$36,035,172
71$60,627,729$23,144,723$17,234,682$38,857,277
72$66,728,811$24,195,868$17,729,097$41,933,268
73$73,449,591$25,295,906$18,237,463$45,287,615
74$80,853,195$26,447,151$18,760,163$48,947,222
75$89,009,186$27,652,028$19,297,595$52,941,669
76$97,994,221$28,913,075$19,850,162$57,303,487
77$107,892,772$30,232,956$20,418,283$62,068,454
78$118,797,924$31,614,460$21,002,384$67,275,921
79$130,812,254$33,060,510$21,602,906$72,969,174
80$144,048,800$34,574,171$22,220,299$79,195,834
81$158,632,124$36,158,652$22,855,026$86,008,292
82$174,699,494$37,817,319$23,507,562$93,464,194
83$192,402,172$39,553,698$24,178,396$101,626,971
84$211,906,849$41,371,484$24,868,027$110,566,428
85$233,397,212$43,274,551$25,576,970$120,359,385
86$257,075,681$45,266,958$26,305,752$131,090,393
87$283,165,321$47,352,959$27,054,915$142,852,512
88$311,911,943$49,537,014$27,825,015$155,748,178
89$343,586,430$51,823,796$28,616,621$169,890,154
90$378,487,287$54,218,203$29,430,320$185,402,573
91$416,943,466$56,725,371$30,266,711$202,422,098
92$459,317,465$59,350,679$31,126,411$221,099,189
93$506,008,753$62,099,769$32,010,052$241,599,507
94$557,457,542$64,978,554$32,918,285$264,105,454
95$614,148,937$67,993,229$33,851,773$288,817,878
96$676,617,523$71,150,291$34,811,202$315,957,944
97$745,452,404$74,456,549$35,797,271$345,769,198
98$821,302,770$77,919,141$36,810,700$378,519,844
99$904,884,021$81,545,548$37,852,228$414,505,249
100$996,984,523$85,343,612$38,922,609$454,050,705