Can I retire at age 53 with 10,200,000?

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 $10,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$842,306$834,804$827,484$820,339$813,362$780,783
2 years$416,983$409,217$401,691$394,394$387,315$354,901
3 years$275,228$267,428$259,921$252,692$245,729$214,501
4 years$204,364$196,588$189,156$182,050$175,256$145,451
5 years$161,856$154,127$146,793$139,832$133,227$104,921
6 years$133,527$125,857$118,630$111,825$105,418$78,629
7 years$113,300$105,694$98,582$91,937$85,733$60,451
8 years$98,137$90,599$83,606$77,124$71,124$47,323
9 years$86,349$78,883$72,009$65,692$59,896$37,540
10 years$76,925$69,532$62,779$56,628$51,035$30,078
11 years$69,219$61,900$55,270$49,283$43,892$24,285
12 years$62,802$55,558$49,051$43,228$38,036$19,726
13 years$57,377$50,208$43,824$38,164$33,168$16,100
14 years$52,730$45,638$39,376$33,877$29,075$13,190
15 years$48,707$41,691$35,551$30,213$25,600$10,839
16 years$45,190$38,251$32,232$27,052$22,625$8,929
17 years$42,090$35,227$29,330$24,306$20,061$7,371
18 years$39,337$32,552$26,775$21,905$17,837$6,094
19 years$36,878$30,169$24,511$19,793$15,899$5,046
20 years$34,667$28,034$22,495$17,926$14,201$4,182
21 years$32,669$26,113$20,691$16,269$12,708$3,470
22 years$30,855$24,375$19,070$14,792$11,391$2,881
23 years$29,201$22,798$17,608$13,472$10,225$2,393
24 years$27,688$21,360$16,284$12,287$9,191$1,989
25 years$26,297$20,045$15,082$11,221$8,270$1,654
26 years$25,016$18,839$13,988$10,260$7,450$1,376
27 years$23,831$17,730$12,989$9,391$6,716$1,145
28 years$22,734$16,707$12,075$8,604$6,060$953
29 years$21,713$15,761$11,237$7,890$5,472$793
30 years$20,763$14,885$10,467$7,241$4,945$661
31 years$19,875$14,071$9,758$6,651$4,470$550
32 years$19,045$13,314$9,104$6,112$4,044$458
33 years$18,267$12,609$8,501$5,621$3,660$382
34 years$17,536$11,950$7,943$5,172$3,313$318
35 years$16,848$11,334$7,426$4,761$3,001$265
36 years$16,200$10,758$6,947$4,384$2,719$221
37 years$15,588$10,218$6,502$4,040$2,464$184
38 years$15,010$9,710$6,089$3,723$2,234$153
39 years$14,463$9,234$5,704$3,433$2,026$128
40 years$13,945$8,785$5,347$3,167$1,838$106
41 years$13,453$8,363$5,014$2,922$1,667$89
42 years$12,986$7,964$4,703$2,696$1,513$74
43 years$12,542$7,588$4,413$2,489$1,373$62
44 years$12,119$7,233$4,142$2,298$1,246$51
45 years$11,716$6,898$3,890$2,122$1,131$43
46 years$11,332$6,580$3,653$1,961$1,027$36
47 years$10,965$6,279$3,432$1,811$933$30
48 years$10,615$5,994$3,225$1,674$847$25
49 years$10,279$5,724$3,032$1,547$769$21
50 years$9,959$5,468$2,850$1,430$699$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $10,200,000, adding $3,555 every year, while hoping to spend $28,109 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: 73/22/5 Blend
52$10,200,000$10,200,000$10,200,000$10,200,000
53$11,244,067$10,703,467$10,545,367$12,060,161
54$12,361,054$11,198,029$10,868,729$13,092,496
55$13,591,032$11,715,883$11,201,982$14,218,776
56$14,945,495$12,258,139$11,545,426$15,451,362
57$16,437,112$12,825,964$11,899,374$16,800,728
58$18,079,839$13,420,578$12,264,145$18,278,401
59$19,889,058$14,043,262$12,640,070$19,897,067
60$21,881,718$14,695,358$13,027,487$21,670,688
61$24,076,494$15,378,271$13,426,749$23,614,630
62$26,493,966$16,093,476$13,838,215$25,745,810
63$29,156,813$16,842,519$14,262,258$28,082,845
64$32,090,026$17,627,020$14,699,261$30,646,234
65$35,321,141$18,448,676$15,149,619$33,458,543
66$38,880,505$19,309,269$15,613,738$36,544,615
67$42,801,557$20,210,664$16,092,039$39,931,804
68$47,121,146$21,154,817$16,584,953$43,650,226
69$51,879,880$22,143,779$17,092,926$47,733,045
70$57,122,503$23,179,701$17,616,415$52,216,778
71$62,898,328$24,264,835$18,155,894$57,141,637
72$69,261,690$25,401,545$18,711,849$62,551,905
73$76,272,468$26,592,307$19,284,782$68,496,350
74$83,996,648$27,839,718$19,875,210$75,028,679
75$92,506,943$29,146,500$20,483,666$82,208,044
76$101,883,480$30,515,508$21,110,698$90,099,591
77$112,214,560$31,949,733$21,756,872$98,775,076
78$123,597,488$33,452,313$22,422,770$108,313,529
79$136,139,492$35,026,536$23,108,992$118,802,001
80$149,958,734$36,675,850$23,816,157$130,336,378
81$165,185,429$38,403,871$24,544,903$143,022,279
82$181,963,070$40,214,388$25,295,884$156,976,047
83$200,449,785$42,111,375$26,069,779$172,325,843
84$220,819,830$44,098,999$26,867,283$189,212,845
85$243,265,230$46,181,628$27,689,115$207,792,577
86$267,997,598$48,363,841$28,536,014$228,236,366
87$295,250,125$50,650,442$29,408,742$250,732,955
88$325,279,788$53,046,464$30,308,086$275,490,273
89$358,369,773$55,557,187$31,234,853$302,737,393
90$394,832,146$58,188,146$32,189,877$332,726,680
91$435,010,805$60,945,145$33,174,018$365,736,169
92$479,284,719$63,834,268$34,188,159$402,072,177
93$528,071,510$66,861,897$35,233,212$442,072,185
94$581,831,396$70,034,723$36,310,117$486,108,011
95$641,071,533$73,359,759$37,419,841$534,589,312
96$706,350,805$76,844,362$38,563,381$587,967,436
97$778,285,096$80,496,245$39,741,763$646,739,671
98$857,553,110$84,323,495$40,956,046$711,453,930
99$944,902,774$88,334,593$42,207,320$782,713,901
100$1,041,158,300$92,538,431$43,496,708$861,184,743