Can I retire at age 55 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%11%
1 years$834,049$826,619$819,371$812,296$805,388$801,995
2 years$412,895$405,206$397,753$390,527$383,518$380,092
3 years$272,529$264,806$257,372$250,214$243,320$239,967
4 years$202,360$194,661$187,301$180,265$173,538$170,285
5 years$160,269$152,616$145,353$138,461$131,921$128,777
6 years$132,218$124,623$117,467$110,728$104,384$101,353
7 years$112,190$104,658$97,616$91,036$84,892$81,976
8 years$97,175$89,711$82,786$76,368$70,426$67,625
9 years$85,503$78,110$71,303$65,048$59,309$56,622
10 years$76,171$68,850$62,164$56,072$50,534$47,960
11 years$68,540$61,293$54,728$48,800$43,461$40,999
12 years$62,186$55,013$48,570$42,804$37,663$35,310
13 years$56,814$49,716$43,394$37,789$32,843$30,597
14 years$52,213$45,190$38,990$33,545$28,790$26,649
15 years$48,229$41,282$35,202$29,917$25,349$23,310
16 years$44,747$37,876$31,916$26,787$22,403$20,464
17 years$41,677$34,882$29,042$24,068$19,864$18,022
18 years$38,952$32,233$26,512$21,690$17,662$15,914
19 years$36,516$29,873$24,270$19,599$15,743$14,085
20 years$34,327$27,759$22,274$17,750$14,062$12,492
21 years$32,348$25,857$20,488$16,110$12,584$11,098
22 years$30,552$24,136$18,883$14,647$11,280$9,875
23 years$28,915$22,574$17,435$13,340$10,125$8,799
24 years$27,416$21,151$16,124$12,167$9,101$7,849
25 years$26,039$19,849$14,934$11,111$8,189$7,010
26 years$24,771$18,655$13,851$10,159$7,377$6,266
27 years$23,598$17,556$12,862$9,299$6,651$5,605
28 years$22,511$16,543$11,957$8,520$6,001$5,018
29 years$21,500$15,607$11,127$7,813$5,419$4,496
30 years$20,559$14,739$10,364$7,170$4,896$4,030
31 years$19,680$13,933$9,662$6,586$4,427$3,614
32 years$18,858$13,183$9,015$6,052$4,004$3,243
33 years$18,088$12,485$8,417$5,566$3,624$2,911
34 years$17,364$11,833$7,865$5,121$3,281$2,614
35 years$16,683$11,223$7,353$4,714$2,972$2,348
36 years$16,041$10,653$6,878$4,341$2,692$2,110
37 years$15,436$10,117$6,438$4,000$2,440$1,896
38 years$14,863$9,615$6,029$3,687$2,212$1,705
39 years$14,322$9,143$5,649$3,400$2,006$1,533
40 years$13,808$8,699$5,294$3,136$1,820$1,378
41 years$13,321$8,281$4,964$2,893$1,651$1,240
42 years$12,859$7,886$4,657$2,670$1,498$1,115
43 years$12,419$7,514$4,370$2,465$1,360$1,004
44 years$12,000$7,162$4,102$2,276$1,234$903
45 years$11,601$6,830$3,851$2,102$1,120$813
46 years$11,221$6,515$3,617$1,941$1,017$732
47 years$10,858$6,218$3,398$1,794$924$659
48 years$10,511$5,936$3,194$1,657$839$593
49 years$10,179$5,668$3,002$1,532$762$534
50 years$9,861$5,415$2,822$1,416$692$481

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $10,100,000, adding $4,667 every year, while hoping to spend $53,002 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: 59/27/14 Blend
54$10,100,000$10,100,000$10,100,000$10,100,000
55$11,135,014$10,599,714$10,443,164$11,752,566
56$12,214,392$11,062,706$10,736,616$12,632,729
57$13,402,090$11,546,609$11,038,123$13,585,766
58$14,709,100$12,052,390$11,347,897$14,623,775
59$16,147,536$12,581,065$11,666,159$15,754,950
60$17,730,742$13,133,695$11,993,134$16,988,303
61$19,473,425$13,711,393$12,329,050$18,333,743
62$21,391,787$14,315,323$12,674,146$19,802,168
63$23,503,682$14,946,707$13,028,663$21,405,569
64$25,828,783$15,606,821$13,392,848$23,157,134
65$28,388,767$16,297,004$13,766,958$25,071,373
66$31,207,522$17,018,658$14,151,251$27,164,252
67$34,311,368$17,773,250$14,545,997$29,453,338
68$37,729,307$18,562,319$14,951,467$31,957,964
69$41,493,299$19,387,475$15,367,944$34,699,407
70$45,638,559$20,250,405$15,795,713$37,701,081
71$50,203,893$21,152,877$16,235,071$40,988,762
72$55,232,063$22,096,740$16,686,319$44,590,820
73$60,770,189$23,083,936$17,149,766$48,538,486
74$66,870,193$24,116,494$17,625,728$52,866,141
75$73,589,294$25,196,543$18,114,531$57,611,635
76$80,990,541$26,326,312$18,616,507$62,816,643
77$89,143,411$27,508,137$19,131,995$68,527,049
78$98,124,468$28,744,464$19,661,345$74,793,375
79$108,018,077$30,037,857$20,204,914$81,671,253
80$118,917,210$31,391,000$20,763,067$89,221,944
81$130,924,314$32,806,709$21,336,179$97,512,910
82$144,152,287$34,287,929$21,924,633$106,618,444
83$158,725,533$35,837,751$22,528,822$116,620,364
84$174,781,147$37,459,410$23,149,147$127,608,781
85$192,470,200$39,156,297$23,786,019$139,682,938
86$211,959,169$40,931,965$24,439,860$152,952,144
87$233,431,510$42,790,137$25,111,101$167,536,794
88$257,089,383$44,734,713$25,800,182$183,569,498
89$283,155,566$46,769,780$26,507,554$201,196,326
90$311,875,557$48,899,623$27,233,681$220,578,174
91$343,519,888$51,128,728$27,979,033$241,892,278
92$378,386,681$53,461,800$28,744,095$265,333,873
93$416,804,462$55,903,767$29,529,361$291,118,028
94$459,135,259$58,459,794$30,335,337$319,481,663
95$505,778,026$61,135,294$31,162,541$350,685,778
96$557,172,400$63,935,939$32,011,502$385,017,900
97$613,802,858$66,867,674$32,882,760$422,794,788
98$676,203,288$69,936,728$33,776,871$464,365,411
99$744,962,026$73,149,631$34,694,399$510,114,226
100$820,727,415$76,513,224$35,635,923$560,464,793