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%13.6%
1 years$842,306$834,804$827,484$820,339$813,362$801,208
2 years$416,983$409,217$401,691$394,394$387,315$375,097
3 years$275,228$267,428$259,921$252,692$245,729$233,827
4 years$204,364$196,588$189,156$182,050$175,256$163,762
5 years$161,856$154,127$146,793$139,832$133,227$122,175
6 years$133,527$125,857$118,630$111,825$105,418$94,820
7 years$113,300$105,694$98,582$91,937$85,733$75,593
8 years$98,137$90,599$83,606$77,124$71,124$61,441
9 years$86,349$78,883$72,009$65,692$59,896$50,665
10 years$76,925$69,532$62,779$56,628$51,035$42,248
11 years$69,219$61,900$55,270$49,283$43,892$35,540
12 years$62,802$55,558$49,051$43,228$38,036$30,110
13 years$57,377$50,208$43,824$38,164$33,168$25,656
14 years$52,730$45,638$39,376$33,877$29,075$21,966
15 years$48,707$41,691$35,551$30,213$25,600$18,880
16 years$45,190$38,251$32,232$27,052$22,625$16,282
17 years$42,090$35,227$29,330$24,306$20,061$14,081
18 years$39,337$32,552$26,775$21,905$17,837$12,206
19 years$36,878$30,169$24,511$19,793$15,899$10,603
20 years$34,667$28,034$22,495$17,926$14,201$9,226
21 years$32,669$26,113$20,691$16,269$12,708$8,040
22 years$30,855$24,375$19,070$14,792$11,391$7,016
23 years$29,201$22,798$17,608$13,472$10,225$6,128
24 years$27,688$21,360$16,284$12,287$9,191$5,359
25 years$26,297$20,045$15,082$11,221$8,270$4,689
26 years$25,016$18,839$13,988$10,260$7,450$4,107
27 years$23,831$17,730$12,989$9,391$6,716$3,599
28 years$22,734$16,707$12,075$8,604$6,060$3,156
29 years$21,713$15,761$11,237$7,890$5,472$2,768
30 years$20,763$14,885$10,467$7,241$4,945$2,429
31 years$19,875$14,071$9,758$6,651$4,470$2,133
32 years$19,045$13,314$9,104$6,112$4,044$1,873
33 years$18,267$12,609$8,501$5,621$3,660$1,646
34 years$17,536$11,950$7,943$5,172$3,313$1,446
35 years$16,848$11,334$7,426$4,761$3,001$1,271
36 years$16,200$10,758$6,947$4,384$2,719$1,117
37 years$15,588$10,218$6,502$4,040$2,464$982
38 years$15,010$9,710$6,089$3,723$2,234$864
39 years$14,463$9,234$5,704$3,433$2,026$760
40 years$13,945$8,785$5,347$3,167$1,838$668
41 years$13,453$8,363$5,014$2,922$1,667$588
42 years$12,986$7,964$4,703$2,696$1,513$517
43 years$12,542$7,588$4,413$2,489$1,373$455
44 years$12,119$7,233$4,142$2,298$1,246$400
45 years$11,716$6,898$3,890$2,122$1,131$352
46 years$11,332$6,580$3,653$1,961$1,027$310
47 years$10,965$6,279$3,432$1,811$933$273
48 years$10,615$5,994$3,225$1,674$847$240
49 years$10,279$5,724$3,032$1,547$769$211
50 years$9,959$5,468$2,850$1,430$699$186

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 $2,441 every year, while hoping to spend $23,966 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: 42/28/30 Blend
52$10,200,000$10,200,000$10,200,000$10,200,000
53$11,242,918$10,702,318$10,544,218$11,616,224
54$12,364,196$11,201,232$10,871,950$12,385,217
55$13,599,041$11,723,789$11,209,857$13,215,060
56$14,959,012$12,271,124$11,558,256$14,113,348
57$16,456,845$12,844,423$11,917,471$15,086,426
58$18,106,575$13,444,932$12,287,839$16,141,260
59$19,923,669$14,073,956$12,669,705$17,285,499
60$21,925,169$14,732,865$13,063,425$18,527,543
61$24,129,853$15,423,093$13,469,367$19,876,620
62$26,558,418$16,146,144$13,887,910$21,342,867
63$29,233,667$16,903,596$14,319,446$22,937,424
64$32,180,729$17,697,100$14,764,375$24,672,531
65$35,427,296$18,528,391$15,223,115$26,561,645
66$39,003,884$19,399,285$15,696,092$28,619,553
67$42,944,117$20,311,688$16,183,749$30,862,518
68$47,285,053$21,267,596$16,686,540$33,308,416
69$52,067,524$22,269,104$17,204,935$35,976,909
70$57,336,528$23,318,407$17,739,417$38,889,617
71$63,141,651$24,417,806$18,290,485$42,070,322
72$69,537,536$25,569,715$18,858,652$45,545,183
73$76,584,398$26,776,664$19,444,450$49,342,978
74$84,348,591$28,041,305$20,048,424$53,495,366
75$92,903,238$29,366,420$20,671,137$58,037,183
76$102,328,919$30,754,925$21,313,171$63,006,762
77$112,714,430$32,209,878$21,975,123$68,446,285
78$124,157,624$33,734,484$22,657,612$74,402,175
79$136,766,333$35,332,105$23,361,273$80,925,526
80$150,659,386$37,006,265$24,086,763$88,072,575
81$165,967,731$38,760,660$24,834,757$95,905,226
82$182,835,672$40,599,165$25,605,954$104,491,623
83$201,422,229$42,525,842$26,401,072$113,906,782
84$221,902,640$44,544,952$27,220,851$124,233,293
85$244,470,016$46,660,961$28,066,057$135,562,083
86$269,337,164$48,878,555$28,937,476$147,993,269
87$296,738,594$51,202,643$29,835,921$161,637,085
88$326,932,734$53,638,376$30,762,228$176,614,915
89$360,204,371$56,191,155$31,717,261$193,060,423
90$396,867,337$58,866,642$32,701,909$211,120,803
91$437,267,472$61,670,774$33,717,089$230,958,151
92$481,785,891$64,609,778$34,763,748$252,750,985
93$530,842,577$67,690,183$35,842,860$276,695,911
94$584,900,354$70,918,835$36,955,429$303,009,464
95$644,469,246$74,302,915$38,102,492$331,930,134
96$710,111,301$77,849,949$39,285,117$363,720,601
97$782,445,890$81,567,833$40,504,405$398,670,196
98$862,155,560$85,464,846$41,761,492$437,097,613
99$949,992,471$89,549,668$43,057,546$479,353,894
100$1,046,785,505$93,831,403$44,393,775$525,825,727