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%16.1%
1 years$834,049$826,619$819,371$812,296$805,388$785,281
2 years$412,895$405,206$397,753$390,527$383,518$363,388
3 years$272,529$264,806$257,372$250,214$243,320$223,796
4 years$202,360$194,661$187,301$180,265$173,538$154,770
5 years$160,269$152,616$145,353$138,461$131,921$113,962
6 years$132,218$124,623$117,467$110,728$104,384$87,252
7 years$112,190$104,658$97,616$91,036$84,892$68,588
8 years$97,175$89,711$82,786$76,368$70,426$54,944
9 years$85,503$78,110$71,303$65,048$59,309$44,634
10 years$76,171$68,850$62,164$56,072$50,534$36,651
11 years$68,540$61,293$54,728$48,800$43,461$30,348
12 years$62,186$55,013$48,570$42,804$37,663$25,298
13 years$56,814$49,716$43,394$37,789$32,843$21,201
14 years$52,213$45,190$38,990$33,545$28,790$17,846
15 years$48,229$41,282$35,202$29,917$25,349$15,076
16 years$44,747$37,876$31,916$26,787$22,403$12,774
17 years$41,677$34,882$29,042$24,068$19,864$10,851
18 years$38,952$32,233$26,512$21,690$17,662$9,236
19 years$36,516$29,873$24,270$19,599$15,743$7,876
20 years$34,327$27,759$22,274$17,750$14,062$6,725
21 years$32,348$25,857$20,488$16,110$12,584$5,750
22 years$30,552$24,136$18,883$14,647$11,280$4,922
23 years$28,915$22,574$17,435$13,340$10,125$4,217
24 years$27,416$21,151$16,124$12,167$9,101$3,615
25 years$26,039$19,849$14,934$11,111$8,189$3,101
26 years$24,771$18,655$13,851$10,159$7,377$2,662
27 years$23,598$17,556$12,862$9,299$6,651$2,286
28 years$22,511$16,543$11,957$8,520$6,001$1,964
29 years$21,500$15,607$11,127$7,813$5,419$1,688
30 years$20,559$14,739$10,364$7,170$4,896$1,452
31 years$19,680$13,933$9,662$6,586$4,427$1,248
32 years$18,858$13,183$9,015$6,052$4,004$1,074
33 years$18,088$12,485$8,417$5,566$3,624$924
34 years$17,364$11,833$7,865$5,121$3,281$795
35 years$16,683$11,223$7,353$4,714$2,972$684
36 years$16,041$10,653$6,878$4,341$2,692$589
37 years$15,436$10,117$6,438$4,000$2,440$507
38 years$14,863$9,615$6,029$3,687$2,212$436
39 years$14,322$9,143$5,649$3,400$2,006$376
40 years$13,808$8,699$5,294$3,136$1,820$323
41 years$13,321$8,281$4,964$2,893$1,651$278
42 years$12,859$7,886$4,657$2,670$1,498$240
43 years$12,419$7,514$4,370$2,465$1,360$206
44 years$12,000$7,162$4,102$2,276$1,234$178
45 years$11,601$6,830$3,851$2,102$1,120$153
46 years$11,221$6,515$3,617$1,941$1,017$132
47 years$10,858$6,218$3,398$1,794$924$114
48 years$10,511$5,936$3,194$1,657$839$98
49 years$10,179$5,668$3,002$1,532$762$84
50 years$9,861$5,415$2,822$1,416$692$73

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 $4,854 every year, while hoping to spend $22,200 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: 54/27/19 Blend
54$10,100,000$10,100,000$10,100,000$10,100,000
55$11,135,207$10,599,907$10,443,357$11,678,886
56$12,247,377$11,095,682$10,769,589$12,547,333
57$13,472,245$11,615,005$11,106,005$13,489,432
58$14,821,282$12,159,009$11,452,924$14,514,475
59$16,307,129$12,728,876$11,810,673$15,630,385
60$17,943,716$13,325,851$12,179,591$16,845,869
61$19,746,392$13,951,235$12,560,024$18,170,500
62$21,732,072$14,606,393$12,952,333$19,614,800
63$23,919,396$15,292,759$13,356,889$21,190,339
64$26,328,902$16,011,832$13,774,072$22,909,840
65$28,983,224$16,765,186$14,204,278$24,787,295
66$31,907,303$17,554,470$14,647,911$26,838,093
67$35,128,624$18,381,415$15,105,392$29,079,161
68$38,677,473$19,247,834$15,577,152$31,529,122
69$42,587,225$20,155,628$16,063,637$34,208,460
70$46,894,659$21,106,790$16,565,305$37,139,719
71$51,640,302$22,103,410$17,082,630$40,347,699
72$56,868,815$23,147,680$17,616,101$43,859,695
73$62,629,415$24,241,897$18,166,222$47,705,744
74$68,976,336$25,388,470$18,733,510$51,918,903
75$75,969,342$26,589,925$19,318,503$56,535,558
76$83,674,294$27,848,910$19,921,751$61,595,760
77$92,163,767$29,168,202$20,543,825$67,143,595
78$101,517,739$30,550,712$21,185,311$73,227,597
79$111,824,344$31,999,493$21,846,815$79,901,196
80$123,180,705$33,517,745$22,528,961$87,223,217
81$135,693,848$35,108,826$23,232,392$95,258,426
82$149,481,716$36,776,254$23,957,773$104,078,137
83$164,674,280$38,523,720$24,705,787$113,760,871
84$181,414,767$40,355,092$25,477,141$124,393,094
85$199,861,010$42,274,429$26,272,563$136,070,024
86$220,186,941$44,285,984$27,092,802$148,896,514
87$242,584,230$46,394,218$27,938,632$162,988,041
88$267,264,097$48,603,811$28,810,852$178,471,778
89$294,459,303$50,919,665$29,710,283$195,487,787
90$324,426,350$53,346,927$30,637,775$214,190,332
91$357,447,899$55,890,988$31,594,202$234,749,319
92$393,835,444$58,557,505$32,580,467$257,351,889
93$433,932,245$61,352,409$33,597,499$282,204,173
94$478,116,577$64,281,919$34,646,257$309,533,225
95$526,805,292$67,352,558$35,727,731$339,589,146
96$580,457,762$70,571,163$36,842,941$372,647,438
97$639,580,211$73,944,908$37,992,937$409,011,582
98$704,730,497$77,481,313$39,178,804$449,015,891
99$776,523,375$81,188,264$40,401,661$493,028,647
100$855,636,302$85,074,032$41,662,660$541,455,561