Can I retire at age 54 with 10,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $10,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$834,049$826,619$819,371$812,296$805,388$794,995
2 years$412,895$405,206$397,753$390,527$383,518$373,062
3 years$272,529$264,806$257,372$250,214$243,320$233,125
4 years$202,360$194,661$187,301$180,265$173,538$163,684
5 years$160,269$152,616$145,353$138,461$131,921$122,436
6 years$132,218$124,623$117,467$110,728$104,384$95,280
7 years$112,190$104,658$97,616$91,036$84,892$76,172
8 years$97,175$89,711$82,786$76,368$70,426$62,090
9 years$85,503$78,110$71,303$65,048$59,309$51,352
10 years$76,171$68,850$62,164$56,072$50,534$42,951
11 years$68,540$61,293$54,728$48,800$43,461$36,245
12 years$62,186$55,013$48,570$42,804$37,663$30,805
13 years$56,814$49,716$43,394$37,789$32,843$26,335
14 years$52,213$45,190$38,990$33,545$28,790$22,622
15 years$48,229$41,282$35,202$29,917$25,349$19,511
16 years$44,747$37,876$31,916$26,787$22,403$16,884
17 years$41,677$34,882$29,042$24,068$19,864$14,654
18 years$38,952$32,233$26,512$21,690$17,662$12,749
19 years$36,516$29,873$24,270$19,599$15,743$11,114
20 years$34,327$27,759$22,274$17,750$14,062$9,707
21 years$32,348$25,857$20,488$16,110$12,584$8,491
22 years$30,552$24,136$18,883$14,647$11,280$7,437
23 years$28,915$22,574$17,435$13,340$10,125$6,522
24 years$27,416$21,151$16,124$12,167$9,101$5,725
25 years$26,039$19,849$14,934$11,111$8,189$5,030
26 years$24,771$18,655$13,851$10,159$7,377$4,423
27 years$23,598$17,556$12,862$9,299$6,651$3,891
28 years$22,511$16,543$11,957$8,520$6,001$3,426
29 years$21,500$15,607$11,127$7,813$5,419$3,017
30 years$20,559$14,739$10,364$7,170$4,896$2,659
31 years$19,680$13,933$9,662$6,586$4,427$2,344
32 years$18,858$13,183$9,015$6,052$4,004$2,067
33 years$18,088$12,485$8,417$5,566$3,624$1,824
34 years$17,364$11,833$7,865$5,121$3,281$1,609
35 years$16,683$11,223$7,353$4,714$2,972$1,420
36 years$16,041$10,653$6,878$4,341$2,692$1,254
37 years$15,436$10,117$6,438$4,000$2,440$1,107
38 years$14,863$9,615$6,029$3,687$2,212$977
39 years$14,322$9,143$5,649$3,400$2,006$863
40 years$13,808$8,699$5,294$3,136$1,820$763
41 years$13,321$8,281$4,964$2,893$1,651$674
42 years$12,859$7,886$4,657$2,670$1,498$595
43 years$12,419$7,514$4,370$2,465$1,360$526
44 years$12,000$7,162$4,102$2,276$1,234$465
45 years$11,601$6,830$3,851$2,102$1,120$411
46 years$11,221$6,515$3,617$1,941$1,017$363
47 years$10,858$6,218$3,398$1,794$924$321
48 years$10,511$5,936$3,194$1,657$839$284
49 years$10,179$5,668$3,002$1,532$762$251
50 years$9,861$5,415$2,822$1,416$692$222

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $10,100,000, adding $2,118 every year, while hoping to spend $40,489 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: 66/27/7 Blend
53$10,100,000$10,100,000$10,100,000$10,100,000
54$11,132,385$10,597,085$10,440,535$11,853,358
55$12,224,808$11,073,262$10,747,213$12,808,706
56$13,427,301$11,571,415$11,062,807$13,847,339
57$14,751,049$12,092,577$11,387,575$14,981,348
58$16,208,376$12,637,833$11,721,778$16,220,021
59$17,812,860$13,208,317$12,065,687$17,573,576
60$19,579,466$13,805,218$12,419,582$19,053,254
61$21,524,680$14,429,783$12,783,747$20,671,420
62$23,666,672$15,083,317$13,158,477$22,441,679
63$26,025,461$15,767,188$13,544,074$24,379,002
64$28,623,108$16,482,829$13,940,850$26,499,862
65$31,483,920$17,231,744$14,349,124$28,822,389
66$34,634,685$18,015,504$14,769,225$31,366,533
67$38,104,919$18,835,760$15,201,490$34,154,255
68$41,927,148$19,694,239$15,646,267$37,209,726
69$46,137,214$20,592,754$16,103,914$40,559,554
70$50,774,611$21,533,200$16,574,796$44,233,029
71$55,882,862$22,517,568$17,059,293$48,262,394
72$61,509,926$23,547,940$17,557,791$52,683,151
73$67,708,651$24,626,502$18,070,689$57,534,385
74$74,537,275$25,755,542$18,598,399$62,859,131
75$82,059,972$26,937,458$19,141,340$68,704,775
76$90,347,460$28,174,765$19,699,946$75,123,496
77$99,477,670$29,470,098$20,274,663$82,172,751
78$109,536,476$30,826,216$20,865,949$89,915,814
79$120,618,512$32,246,016$21,474,273$98,422,369
80$132,828,058$33,732,529$22,100,119$107,769,154
81$146,280,031$35,288,934$22,743,984$118,040,689
82$161,101,067$36,918,564$23,406,380$129,330,058
83$177,430,712$38,624,910$24,087,831$141,739,784
84$195,422,748$40,411,634$24,788,876$155,382,790
85$215,246,636$42,282,572$25,510,071$170,383,457
86$237,089,119$44,241,744$26,251,985$186,878,787
87$261,155,987$46,293,367$27,015,203$205,019,692
88$287,674,014$48,441,858$27,800,329$224,972,404
89$316,893,103$50,691,849$28,607,980$246,920,039
90$349,088,644$53,048,194$29,438,792$271,064,316
91$384,564,113$55,515,983$30,293,418$297,627,446
92$423,653,934$58,100,548$31,172,530$326,854,225
93$466,726,642$60,807,482$32,076,817$359,014,327
94$514,188,357$63,642,645$33,006,987$394,404,843
95$566,486,618$66,612,184$33,963,770$433,353,072
96$624,114,610$69,722,537$34,947,913$476,219,595
97$687,615,817$72,980,458$35,960,184$523,401,668
98$757,589,154$76,393,025$37,001,375$575,336,956
99$834,694,623$79,967,659$38,072,296$632,507,652
100$919,659,538$83,712,137$39,173,782$695,445,010