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%12.2%
1 years$834,049$826,619$819,371$812,296$805,388$797,974
2 years$412,895$405,206$397,753$390,527$383,518$376,048
3 years$272,529$264,806$257,372$250,214$243,320$236,025
4 years$202,360$194,661$187,301$180,265$173,538$166,475
5 years$160,269$152,616$145,353$138,461$131,921$125,111
6 years$132,218$124,623$117,467$110,728$104,384$97,836
7 years$112,190$104,658$97,616$91,036$84,892$78,608
8 years$97,175$89,711$82,786$76,368$70,426$64,406
9 years$85,503$78,110$71,303$65,048$59,309$53,550
10 years$76,171$68,850$62,164$56,072$50,534$45,034
11 years$68,540$61,293$54,728$48,800$43,461$38,215
12 years$62,186$55,013$48,570$42,804$37,663$32,666
13 years$56,814$49,716$43,394$37,789$32,843$28,089
14 years$52,213$45,190$38,990$33,545$28,790$24,273
15 years$48,229$41,282$35,202$29,917$25,349$21,063
16 years$44,747$37,876$31,916$26,787$22,403$18,341
17 years$41,677$34,882$29,042$24,068$19,864$16,019
18 years$38,952$32,233$26,512$21,690$17,662$14,026
19 years$36,516$29,873$24,270$19,599$15,743$12,308
20 years$34,327$27,759$22,274$17,750$14,062$10,821
21 years$32,348$25,857$20,488$16,110$12,584$9,529
22 years$30,552$24,136$18,883$14,647$11,280$8,404
23 years$28,915$22,574$17,435$13,340$10,125$7,420
24 years$27,416$21,151$16,124$12,167$9,101$6,559
25 years$26,039$19,849$14,934$11,111$8,189$5,803
26 years$24,771$18,655$13,851$10,159$7,377$5,139
27 years$23,598$17,556$12,862$9,299$6,651$4,554
28 years$22,511$16,543$11,957$8,520$6,001$4,038
29 years$21,500$15,607$11,127$7,813$5,419$3,583
30 years$20,559$14,739$10,364$7,170$4,896$3,181
31 years$19,680$13,933$9,662$6,586$4,427$2,825
32 years$18,858$13,183$9,015$6,052$4,004$2,510
33 years$18,088$12,485$8,417$5,566$3,624$2,231
34 years$17,364$11,833$7,865$5,121$3,281$1,983
35 years$16,683$11,223$7,353$4,714$2,972$1,764
36 years$16,041$10,653$6,878$4,341$2,692$1,569
37 years$15,436$10,117$6,438$4,000$2,440$1,396
38 years$14,863$9,615$6,029$3,687$2,212$1,242
39 years$14,322$9,143$5,649$3,400$2,006$1,105
40 years$13,808$8,699$5,294$3,136$1,820$984
41 years$13,321$8,281$4,964$2,893$1,651$876
42 years$12,859$7,886$4,657$2,670$1,498$780
43 years$12,419$7,514$4,370$2,465$1,360$695
44 years$12,000$7,162$4,102$2,276$1,234$619
45 years$11,601$6,830$3,851$2,102$1,120$551
46 years$11,221$6,515$3,617$1,941$1,017$491
47 years$10,858$6,218$3,398$1,794$924$437
48 years$10,511$5,936$3,194$1,657$839$389
49 years$10,179$5,668$3,002$1,532$762$347
50 years$9,861$5,415$2,822$1,416$692$309

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 $2,596 every year, while hoping to spend $54,659 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: 43/49/8 Blend
53$10,100,000$10,100,000$10,100,000$10,100,000
54$11,132,878$10,597,578$10,441,028$11,585,762
55$12,210,275$11,058,702$10,732,645$12,361,722
56$13,395,734$11,540,590$11,032,200$13,196,056
57$14,700,220$12,044,201$11,339,901$14,098,635
58$16,135,815$12,570,539$11,655,960$15,075,718
59$17,715,830$13,120,657$11,980,597$16,134,173
60$19,454,933$13,695,658$12,314,035$17,281,535
61$21,369,285$14,296,694$12,656,504$18,526,075
62$23,476,694$14,924,974$13,008,239$19,876,871
63$25,796,783$15,581,764$13,369,481$21,343,893
64$28,351,174$16,268,388$13,740,476$22,938,088
65$31,163,690$16,986,236$14,121,479$24,671,480
66$34,260,585$17,736,760$14,512,747$26,557,277
67$37,670,786$18,521,483$14,914,546$28,609,993
68$41,426,170$19,341,999$15,327,147$30,845,575
69$45,561,861$20,199,979$15,750,828$33,281,547
70$50,116,565$21,097,172$16,185,875$35,937,174
71$55,132,932$22,035,411$16,632,579$38,833,633
72$60,657,959$23,016,614$17,091,238$41,994,205
73$66,743,435$24,042,792$17,562,159$45,444,489
74$73,446,428$25,116,052$18,045,654$49,212,637
75$80,829,824$26,238,599$18,542,044$53,329,608
76$88,962,920$27,412,744$19,051,656$57,829,454
77$97,922,078$28,640,909$19,574,827$62,749,634
78$107,791,446$29,925,629$20,111,900$68,131,352
79$118,663,751$31,269,562$20,663,226$74,019,945
80$130,641,175$32,675,492$21,229,165$80,465,293
81$143,836,318$34,146,334$21,810,085$87,522,282
82$158,373,262$35,685,145$22,406,363$95,251,313
83$174,388,743$37,295,125$23,018,384$103,718,854
84$192,033,437$38,979,628$23,646,542$112,998,065
85$211,473,387$40,742,169$24,291,240$123,169,464
86$232,891,566$42,586,429$24,952,891$134,321,684
87$256,489,608$44,516,267$25,631,916$146,552,288
88$282,489,709$46,535,724$26,328,745$159,968,679
89$311,136,721$48,649,037$27,043,821$174,689,099
90$342,700,471$50,860,644$27,777,592$190,843,725
91$377,478,299$53,175,195$28,530,522$208,575,883
92$415,797,870$55,597,564$29,303,079$228,043,387
93$458,020,266$58,132,859$30,095,745$249,420,003
94$504,543,394$60,786,429$30,909,013$272,897,075
95$555,805,739$63,563,884$31,743,385$298,685,309
96$612,290,511$66,471,100$32,599,374$327,016,741
97$674,530,195$69,514,236$33,477,505$358,146,905
98$743,111,588$72,699,746$34,378,314$392,357,222
99$818,681,331$76,034,395$35,302,349$429,957,633
100$901,952,017$79,525,271$36,250,168$471,289,497