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

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 $10,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$825,791$818,435$811,258$804,254$797,414$769,734
2 years$408,807$401,194$393,815$386,660$379,721$352,120
3 years$269,831$262,184$254,824$247,737$240,911$214,256
4 years$200,356$192,733$185,447$178,481$171,819$146,314
5 years$158,683$151,105$143,914$137,090$130,614$106,327
6 years$130,909$123,389$116,304$109,632$103,351$80,299
7 years$111,079$103,622$96,649$90,135$84,052$62,232
8 years$96,213$88,823$81,966$75,612$69,729$49,123
9 years$84,656$77,336$70,598$64,404$58,722$39,304
10 years$75,417$68,168$61,549$55,517$50,034$31,772
11 years$67,862$60,686$54,186$48,317$43,031$25,888
12 years$61,571$54,469$48,089$42,380$37,290$21,226
13 years$56,251$49,224$42,964$37,415$32,517$17,491
14 years$51,696$44,743$38,604$33,213$28,505$14,470
15 years$47,752$40,874$34,854$29,620$25,098$12,011
16 years$44,304$37,501$31,600$26,522$22,181$9,996
17 years$41,265$34,537$28,755$23,830$19,668$8,337
18 years$38,566$31,914$26,250$21,475$17,487$6,966
19 years$36,155$29,577$24,030$19,405$15,587$5,829
20 years$33,987$27,484$22,054$17,575$13,923$4,883
21 years$32,028$25,601$20,285$15,950$12,459$4,096
22 years$30,250$23,897$18,696$14,502$11,168$3,438
23 years$28,629$22,351$17,262$13,208$10,025$2,888
24 years$27,145$20,941$15,965$12,046$9,011$2,427
25 years$25,782$19,652$14,787$11,001$8,108$2,041
26 years$24,525$18,470$13,714$10,059$7,304$1,717
27 years$23,364$17,382$12,734$9,207$6,585$1,445
28 years$22,288$16,379$11,838$8,436$5,942$1,217
29 years$21,288$15,452$11,017$7,736$5,365$1,024
30 years$20,356$14,593$10,262$7,099$4,848$863
31 years$19,486$13,795$9,567$6,520$4,383$727
32 years$18,672$13,053$8,926$5,992$3,965$612
33 years$17,909$12,361$8,334$5,510$3,588$516
34 years$17,192$11,716$7,787$5,070$3,248$435
35 years$16,518$11,112$7,280$4,667$2,942$366
36 years$15,882$10,547$6,810$4,298$2,666$309
37 years$15,283$10,017$6,374$3,960$2,416$260
38 years$14,716$9,520$5,969$3,650$2,190$219
39 years$14,180$9,053$5,593$3,366$1,986$185
40 years$13,672$8,613$5,242$3,105$1,802$156
41 years$13,189$8,199$4,915$2,864$1,635$131
42 years$12,731$7,808$4,611$2,643$1,483$111
43 years$12,296$7,439$4,327$2,440$1,346$93
44 years$11,881$7,091$4,061$2,253$1,222$79
45 years$11,486$6,762$3,813$2,081$1,109$66
46 years$11,110$6,451$3,582$1,922$1,007$56
47 years$10,750$6,156$3,365$1,776$914$47
48 years$10,406$5,877$3,162$1,641$830$40
49 years$10,078$5,612$2,972$1,516$754$34
50 years$9,763$5,361$2,794$1,402$685$28

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 $6,975 every year, while hoping to spend $25,902 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: 35/40/25 Blend
54$10,000,000$10,000,000$10,000,000$10,000,000
55$11,027,195$10,497,195$10,342,195$11,329,518
56$12,124,409$10,983,998$10,661,099$12,041,586
57$13,332,671$11,493,786$10,989,818$12,806,508
58$14,663,280$12,027,658$11,328,654$13,631,341
59$16,128,688$12,586,767$11,677,917$14,521,450
60$17,742,615$13,172,319$12,037,927$15,482,718
61$19,520,179$13,785,580$12,409,016$16,521,591
62$21,478,041$14,427,877$12,791,521$17,645,141
63$23,634,560$15,100,602$13,185,796$18,861,122
64$26,009,965$15,805,211$13,592,199$20,178,043
65$28,626,548$16,543,233$14,011,105$21,605,239
66$31,508,875$17,316,271$14,442,897$23,152,957
67$34,684,016$18,126,004$14,887,969$24,832,443
68$38,181,800$18,974,192$15,346,731$26,656,049
69$42,035,099$19,862,683$15,819,601$28,637,335
70$46,280,135$20,793,410$16,307,013$30,791,196
71$50,956,824$21,768,403$16,809,414$33,133,995
72$56,109,153$22,789,787$17,327,263$35,683,709
73$61,785,594$23,859,794$17,861,033$38,460,091
74$68,039,561$24,980,761$18,411,214$41,484,850
75$74,929,916$26,155,137$18,978,309$44,781,848
76$82,521,522$27,385,494$19,562,837$48,377,315
77$90,885,857$28,674,523$20,165,332$52,300,088
78$100,101,690$30,025,050$20,786,346$56,581,877
79$110,255,819$31,440,035$21,426,446$61,257,547
80$121,443,899$32,922,582$22,086,218$66,365,448
81$133,771,335$34,475,947$22,766,265$71,947,756
82$147,354,285$36,103,542$23,467,208$78,050,864
83$162,320,751$37,808,945$24,189,689$84,725,812
84$178,811,791$39,595,907$24,934,367$92,028,749
85$196,982,848$41,468,361$25,701,923$100,021,457
86$217,005,220$43,430,431$26,493,058$108,771,915
87$239,067,671$45,486,442$27,308,495$118,354,934
88$263,378,223$47,640,926$28,148,978$128,852,840
89$290,166,108$49,898,639$29,015,276$140,356,242
90$319,683,943$52,264,563$29,908,179$152,964,870
91$352,210,104$54,743,926$30,828,502$166,788,498
92$388,051,363$57,342,207$31,777,085$181,947,965
93$427,545,779$60,065,152$32,754,795$198,576,293
94$471,065,891$62,918,787$33,762,523$216,819,932
95$519,022,233$65,909,429$34,801,189$236,840,111
96$571,867,213$69,043,702$35,871,740$258,814,350
97$630,099,378$72,328,553$36,975,153$282,938,105
98$694,268,128$75,771,266$38,112,434$309,426,596
99$764,978,897$79,379,478$39,284,621$338,516,813
100$842,898,871$83,161,198$40,492,781$370,469,724