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

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 $10,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$834,049$826,619$819,371$812,296$805,388$779,607
2 years$412,895$405,206$397,753$390,527$383,518$357,782
3 years$272,529$264,806$257,372$250,214$243,320$218,436
4 years$202,360$194,661$187,301$180,265$173,538$149,697
5 years$160,269$152,616$145,353$138,461$131,921$109,187
6 years$132,218$124,623$117,467$110,728$104,384$82,777
7 years$112,190$104,658$97,616$91,036$84,892$64,409
8 years$97,175$89,711$82,786$76,368$70,426$51,053
9 years$85,503$78,110$71,303$65,048$59,309$41,023
10 years$76,171$68,850$62,164$56,072$50,534$33,308
11 years$68,540$61,293$54,728$48,800$43,461$27,263
12 years$62,186$55,013$48,570$42,804$37,663$22,458
13 years$56,814$49,716$43,394$37,789$32,843$18,594
14 years$52,213$45,190$38,990$33,545$28,790$15,458
15 years$48,229$41,282$35,202$29,917$25,349$12,894
16 years$44,747$37,876$31,916$26,787$22,403$10,785
17 years$41,677$34,882$29,042$24,068$19,864$9,042
18 years$38,952$32,233$26,512$21,690$17,662$7,594
19 years$36,516$29,873$24,270$19,599$15,743$6,389
20 years$34,327$27,759$22,274$17,750$14,062$5,381
21 years$32,348$25,857$20,488$16,110$12,584$4,538
22 years$30,552$24,136$18,883$14,647$11,280$3,830
23 years$28,915$22,574$17,435$13,340$10,125$3,235
24 years$27,416$21,151$16,124$12,167$9,101$2,734
25 years$26,039$19,849$14,934$11,111$8,189$2,312
26 years$24,771$18,655$13,851$10,159$7,377$1,956
27 years$23,598$17,556$12,862$9,299$6,651$1,656
28 years$22,511$16,543$11,957$8,520$6,001$1,402
29 years$21,500$15,607$11,127$7,813$5,419$1,187
30 years$20,559$14,739$10,364$7,170$4,896$1,006
31 years$19,680$13,933$9,662$6,586$4,427$852
32 years$18,858$13,183$9,015$6,052$4,004$722
33 years$18,088$12,485$8,417$5,566$3,624$612
34 years$17,364$11,833$7,865$5,121$3,281$519
35 years$16,683$11,223$7,353$4,714$2,972$440
36 years$16,041$10,653$6,878$4,341$2,692$373
37 years$15,436$10,117$6,438$4,000$2,440$316
38 years$14,863$9,615$6,029$3,687$2,212$268
39 years$14,322$9,143$5,649$3,400$2,006$227
40 years$13,808$8,699$5,294$3,136$1,820$193
41 years$13,321$8,281$4,964$2,893$1,651$163
42 years$12,859$7,886$4,657$2,670$1,498$139
43 years$12,419$7,514$4,370$2,465$1,360$117
44 years$12,000$7,162$4,102$2,276$1,234$100
45 years$11,601$6,830$3,851$2,102$1,120$85
46 years$11,221$6,515$3,617$1,941$1,017$72
47 years$10,858$6,218$3,398$1,794$924$61
48 years$10,511$5,936$3,194$1,657$839$52
49 years$10,179$5,668$3,002$1,532$762$44
50 years$9,861$5,415$2,822$1,416$692$37

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 $5,689 every year, while hoping to spend $32,318 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: 46/26/28 Blend
53$10,100,000$10,100,000$10,100,000$10,100,000
54$11,136,068$10,600,768$10,444,218$11,558,292
55$12,237,561$11,085,820$10,759,713$12,343,031
56$13,450,323$11,593,556$11,084,695$13,190,402
57$14,785,669$12,125,053$11,419,445$14,109,224
58$16,256,069$12,681,442$11,764,258$15,106,209
59$17,875,260$13,263,905$12,119,432$16,188,733
60$19,658,382$13,873,682$12,485,279$17,364,898
61$21,622,118$14,512,074$12,862,117$18,643,606
62$23,784,851$15,180,442$13,250,275$20,034,644
63$26,166,836$15,880,214$13,650,090$21,548,768
64$28,790,396$16,612,887$14,061,910$23,197,800
65$31,680,127$17,380,029$14,486,095$24,994,742
66$34,863,134$18,183,284$14,923,012$26,953,889
67$38,369,283$19,024,375$15,373,043$29,090,961
68$42,231,489$19,905,107$15,836,579$31,423,247
69$46,486,018$20,827,375$16,314,021$33,969,767
70$51,172,837$21,793,162$16,805,786$36,751,440
71$56,335,987$22,804,547$17,312,301$39,791,284
72$62,023,999$23,863,712$17,834,004$43,114,621
73$68,290,353$24,972,940$18,371,350$46,749,315
74$75,193,982$26,134,627$18,924,803$50,726,031
75$82,799,829$27,351,284$19,494,845$55,078,511
76$91,179,459$28,625,544$20,081,969$59,843,896
77$100,411,733$29,960,165$20,686,684$65,063,060
78$110,583,555$31,358,039$21,309,514$70,780,999
79$121,790,694$32,822,199$21,950,998$77,047,242
80$134,138,680$34,355,822$22,611,692$83,916,313
81$147,743,809$35,962,241$23,292,168$91,448,238
82$162,734,235$37,644,948$23,993,013$99,709,104
83$179,251,182$39,407,606$24,714,834$108,771,676
84$197,450,277$41,254,053$25,458,255$118,716,070
85$217,503,017$43,188,313$26,223,918$129,630,506
86$239,598,389$45,214,605$27,012,484$141,612,128
87$263,944,657$47,337,352$27,824,634$154,767,912
88$290,771,322$49,561,192$28,661,069$169,215,665
89$320,331,292$51,890,986$29,522,511$185,085,125
90$352,903,270$54,331,831$30,409,701$202,519,178
91$388,794,383$56,889,070$31,323,405$221,675,191
92$428,343,081$59,568,305$32,264,410$242,726,488
93$471,922,334$62,375,411$33,233,527$265,863,972
94$519,943,151$65,316,545$34,231,589$291,297,911
95$572,858,460$68,398,164$35,259,455$319,259,915
96$631,167,386$71,627,037$36,318,010$350,005,102
97$695,419,959$75,010,262$37,408,163$383,814,492
98$766,222,310$78,555,280$38,530,852$420,997,647
99$844,242,391$82,269,893$39,687,040$461,895,572
100$930,216,280$86,162,283$40,877,721$506,883,918