Can I retire at age 54 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%19.6%
1 years$842,306$834,804$827,484$820,339$813,362$782,018
2 years$416,983$409,217$401,691$394,394$387,315$356,110
3 years$275,228$267,428$259,921$252,692$245,729$215,645
4 years$204,364$196,588$189,156$182,050$175,256$146,522
5 years$161,856$154,127$146,793$139,832$133,227$105,917
6 years$133,527$125,857$118,630$111,825$105,418$79,551
7 years$113,300$105,694$98,582$91,937$85,733$61,300
8 years$98,137$90,599$83,606$77,124$71,124$48,102
9 years$86,349$78,883$72,009$65,692$59,896$38,252
10 years$76,925$69,532$62,779$56,628$51,035$30,726
11 years$69,219$61,900$55,270$49,283$43,892$24,874
12 years$62,802$55,558$49,051$43,228$38,036$20,259
13 years$57,377$50,208$43,824$38,164$33,168$16,580
14 years$52,730$45,638$39,376$33,877$29,075$13,621
15 years$48,707$41,691$35,551$30,213$25,600$11,225
16 years$45,190$38,251$32,232$27,052$22,625$9,274
17 years$42,090$35,227$29,330$24,306$20,061$7,678
18 years$39,337$32,552$26,775$21,905$17,837$6,368
19 years$36,878$30,169$24,511$19,793$15,899$5,288
20 years$34,667$28,034$22,495$17,926$14,201$4,397
21 years$32,669$26,113$20,691$16,269$12,708$3,659
22 years$30,855$24,375$19,070$14,792$11,391$3,047
23 years$29,201$22,798$17,608$13,472$10,225$2,540
24 years$27,688$21,360$16,284$12,287$9,191$2,118
25 years$26,297$20,045$15,082$11,221$8,270$1,767
26 years$25,016$18,839$13,988$10,260$7,450$1,474
27 years$23,831$17,730$12,989$9,391$6,716$1,231
28 years$22,734$16,707$12,075$8,604$6,060$1,028
29 years$21,713$15,761$11,237$7,890$5,472$858
30 years$20,763$14,885$10,467$7,241$4,945$717
31 years$19,875$14,071$9,758$6,651$4,470$599
32 years$19,045$13,314$9,104$6,112$4,044$501
33 years$18,267$12,609$8,501$5,621$3,660$418
34 years$17,536$11,950$7,943$5,172$3,313$350
35 years$16,848$11,334$7,426$4,761$3,001$292
36 years$16,200$10,758$6,947$4,384$2,719$244
37 years$15,588$10,218$6,502$4,040$2,464$204
38 years$15,010$9,710$6,089$3,723$2,234$171
39 years$14,463$9,234$5,704$3,433$2,026$143
40 years$13,945$8,785$5,347$3,167$1,838$119
41 years$13,453$8,363$5,014$2,922$1,667$100
42 years$12,986$7,964$4,703$2,696$1,513$83
43 years$12,542$7,588$4,413$2,489$1,373$70
44 years$12,119$7,233$4,142$2,298$1,246$58
45 years$11,716$6,898$3,890$2,122$1,131$49
46 years$11,332$6,580$3,653$1,961$1,027$41
47 years$10,965$6,279$3,432$1,811$933$34
48 years$10,615$5,994$3,225$1,674$847$28
49 years$10,279$5,724$3,032$1,547$769$24
50 years$9,959$5,468$2,850$1,430$699$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $10,200,000, adding $5,063 every year, while hoping to spend $40,238 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: 57/15/28 Blend
53$10,200,000$10,200,000$10,200,000$10,200,000
54$11,245,622$10,705,022$10,546,922$11,799,938
55$12,349,863$11,186,756$10,857,431$12,662,808
56$13,565,388$11,690,745$11,176,994$13,598,206
57$14,903,504$12,218,039$11,505,871$14,616,975
58$16,376,674$12,769,735$11,844,330$15,727,192
59$17,998,628$13,346,985$12,192,647$16,937,743
60$19,784,493$13,950,993$12,551,106$18,258,403
61$21,750,942$14,583,022$12,919,999$19,699,926
62$23,916,345$15,244,397$13,299,626$21,274,147
63$26,300,943$15,936,503$13,690,294$22,994,088
64$28,927,041$16,660,794$14,092,321$24,874,081
65$31,819,219$17,418,792$14,506,034$26,929,898
66$35,004,560$18,212,094$14,931,766$29,178,901
67$38,512,909$19,042,370$15,369,864$31,640,198
68$42,377,153$19,911,373$15,820,682$34,334,825
69$46,633,531$20,820,939$16,284,583$37,285,942
70$51,321,978$21,772,992$16,761,944$40,519,043
71$56,486,499$22,769,548$17,253,148$44,062,199
72$62,175,586$23,812,720$17,758,593$47,946,317
73$68,442,676$24,904,723$18,278,685$52,205,428
74$75,346,651$26,047,877$18,813,844$56,877,007
75$82,952,401$27,244,615$19,364,499$62,002,320
76$91,331,430$28,497,485$19,931,093$67,626,811
77$100,562,533$29,809,159$20,514,082$73,800,527
78$110,732,540$31,182,436$21,113,933$80,578,586
79$121,937,136$32,620,253$21,731,127$88,021,690
80$134,281,762$34,125,683$22,366,157$96,196,701
81$147,882,611$35,701,951$23,019,533$105,177,257
82$162,867,727$37,352,436$23,691,777$115,044,472
83$179,378,208$39,080,678$24,383,425$125,887,687
84$197,569,545$40,890,391$25,095,029$137,805,316
85$217,613,083$42,785,465$25,827,157$150,905,765
86$239,697,643$44,769,978$26,580,392$165,308,451
87$264,031,300$46,848,204$27,355,333$181,144,920
88$290,843,352$49,024,626$28,152,596$198,560,086
89$320,386,481$51,303,939$28,972,814$217,713,593
90$352,939,137$53,691,068$29,816,639$238,781,309
91$388,808,172$56,191,172$30,684,739$261,956,985
92$428,331,729$58,809,663$31,577,801$287,454,075
93$471,882,440$61,552,211$32,496,532$315,507,739
94$519,870,941$64,424,762$33,441,658$346,377,061
95$572,749,749$67,433,547$34,413,926$380,347,481
96$631,017,532$70,585,100$35,414,101$417,733,483
97$695,223,820$73,886,269$36,442,973$458,881,554
98$765,974,188$77,344,235$37,501,350$504,173,446
99$843,935,975$80,966,523$38,590,066$554,029,766
100$929,844,586$84,761,024$39,709,975$608,913,940