Can I retire at age 55 with 10,000,000?

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 $10,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$825,791$818,435$811,258$804,254$797,414$774,995
2 years$408,807$401,194$393,815$386,660$379,721$357,305
3 years$269,831$262,184$254,824$247,737$240,911$219,200
4 years$200,356$192,733$185,447$178,481$171,819$150,981
5 years$158,683$151,105$143,914$137,090$130,614$110,705
6 years$130,909$123,389$116,304$109,632$103,351$84,389
7 years$111,079$103,622$96,649$90,135$84,052$66,037
8 years$96,213$88,823$81,966$75,612$69,729$52,653
9 years$84,656$77,336$70,598$64,404$58,722$42,567
10 years$75,417$68,168$61,549$55,517$50,034$34,779
11 years$67,862$60,686$54,186$48,317$43,031$28,651
12 years$61,571$54,469$48,089$42,380$37,290$23,758
13 years$56,251$49,224$42,964$37,415$32,517$19,804
14 years$51,696$44,743$38,604$33,213$28,505$16,578
15 years$47,752$40,874$34,854$29,620$25,098$13,927
16 years$44,304$37,501$31,600$26,522$22,181$11,733
17 years$41,265$34,537$28,755$23,830$19,668$9,909
18 years$38,566$31,914$26,250$21,475$17,487$8,384
19 years$36,155$29,577$24,030$19,405$15,587$7,107
20 years$33,987$27,484$22,054$17,575$13,923$6,032
21 years$32,028$25,601$20,285$15,950$12,459$5,126
22 years$30,250$23,897$18,696$14,502$11,168$4,360
23 years$28,629$22,351$17,262$13,208$10,025$3,712
24 years$27,145$20,941$15,965$12,046$9,011$3,162
25 years$25,782$19,652$14,787$11,001$8,108$2,696
26 years$24,525$18,470$13,714$10,059$7,304$2,299
27 years$23,364$17,382$12,734$9,207$6,585$1,962
28 years$22,288$16,379$11,838$8,436$5,942$1,675
29 years$21,288$15,452$11,017$7,736$5,365$1,430
30 years$20,356$14,593$10,262$7,099$4,848$1,221
31 years$19,486$13,795$9,567$6,520$4,383$1,043
32 years$18,672$13,053$8,926$5,992$3,965$891
33 years$17,909$12,361$8,334$5,510$3,588$762
34 years$17,192$11,716$7,787$5,070$3,248$651
35 years$16,518$11,112$7,280$4,667$2,942$557
36 years$15,882$10,547$6,810$4,298$2,666$476
37 years$15,283$10,017$6,374$3,960$2,416$407
38 years$14,716$9,520$5,969$3,650$2,190$348
39 years$14,180$9,053$5,593$3,366$1,986$297
40 years$13,672$8,613$5,242$3,105$1,802$254
41 years$13,189$8,199$4,915$2,864$1,635$218
42 years$12,731$7,808$4,611$2,643$1,483$186
43 years$12,296$7,439$4,327$2,440$1,346$159
44 years$11,881$7,091$4,061$2,253$1,222$136
45 years$11,486$6,762$3,813$2,081$1,109$116
46 years$11,110$6,451$3,582$1,922$1,007$100
47 years$10,750$6,156$3,365$1,776$914$85
48 years$10,406$5,877$3,162$1,641$830$73
49 years$10,078$5,612$2,972$1,516$754$62
50 years$9,763$5,361$2,794$1,402$685$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $10,000,000, adding $2,851 every year, while hoping to spend $24,991 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: 84/10/6 Blend
54$10,000,000$10,000,000$10,000,000$10,000,000
55$11,022,941$10,492,941$10,337,941$11,945,209
56$12,120,691$10,980,505$10,657,672$13,035,080
57$13,329,573$11,491,122$10,987,276$14,228,198
58$14,660,898$12,025,895$11,327,058$15,537,827
59$16,127,126$12,585,981$11,677,331$16,975,641
60$17,741,991$13,172,591$12,038,419$18,554,501
61$19,520,624$13,786,998$12,410,656$20,288,567
62$21,479,699$14,430,532$12,794,384$22,193,436
63$23,637,590$15,104,591$13,189,959$24,286,285
64$26,014,547$15,810,638$13,597,744$26,586,033
65$28,632,879$16,550,207$14,018,117$29,113,518
66$31,517,173$17,324,909$14,451,465$31,891,693
67$34,694,524$18,136,428$14,898,188$34,945,838
68$38,194,786$18,986,534$15,358,698$38,303,802
69$42,050,860$19,877,080$15,833,420$41,996,261
70$46,299,000$20,810,009$16,322,792$46,057,005
71$50,979,157$21,787,358$16,827,265$50,523,259
72$56,135,356$22,811,264$17,347,303$55,436,028
73$61,816,112$23,883,965$17,883,388$60,840,487
74$68,074,886$25,007,810$18,436,011$66,786,400
75$74,970,591$26,185,259$19,005,685$73,328,591
76$82,568,148$27,418,894$19,592,932$80,527,461
77$90,939,099$28,711,419$20,198,294$88,449,551
78$100,162,280$30,065,671$20,822,330$97,168,172
79$110,324,568$31,484,625$21,465,614$106,764,090
80$121,521,700$32,971,398$22,128,738$117,326,293
81$133,859,177$34,529,260$22,812,314$128,952,820
82$147,453,257$36,161,638$23,516,971$141,751,689
83$162,432,058$37,872,127$24,243,358$155,841,912
84$178,936,761$39,664,494$24,992,144$171,354,617
85$197,122,948$41,542,692$25,764,018$188,434,278
86$217,162,067$43,510,862$26,559,691$207,240,081
87$239,243,053$45,573,349$27,379,895$227,947,420
88$263,574,108$47,734,707$28,225,386$250,749,550
89$290,384,672$49,999,712$29,096,940$275,859,405
90$319,927,581$52,373,371$29,995,361$303,511,610
91$352,481,464$54,860,935$30,921,475$333,964,684
92$388,353,362$57,467,910$31,876,133$367,503,482
93$427,881,636$60,200,069$32,860,215$404,441,878
94$471,439,155$63,063,464$33,874,624$445,125,721
95$519,436,819$66,064,444$34,920,294$489,936,095
96$572,327,438$69,209,665$35,998,187$539,292,916
97$630,610,003$72,506,105$37,109,293$593,658,886
98$694,834,403$75,961,084$38,254,634$653,543,855
99$765,606,610$79,582,275$39,435,262$719,509,631
100$843,594,404$83,377,726$40,652,263$792,175,275