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%19.2%
1 years$834,049$826,619$819,371$812,296$805,388$775,579
2 years$412,895$405,206$397,753$390,527$383,518$353,823
3 years$272,529$264,806$257,372$250,214$243,320$214,672
4 years$202,360$194,661$187,301$180,265$173,538$146,155
5 years$160,269$152,616$145,353$138,461$131,921$105,875
6 years$132,218$124,623$117,467$110,728$104,384$79,695
7 years$112,190$104,658$97,616$91,036$84,892$61,552
8 years$97,175$89,711$82,786$76,368$70,426$48,414
9 years$85,503$78,110$71,303$65,048$59,309$38,595
10 years$76,171$68,850$62,164$56,072$50,534$31,081
11 years$68,540$61,293$54,728$48,800$43,461$25,226
12 years$62,186$55,013$48,570$42,804$37,663$20,601
13 years$56,814$49,716$43,394$37,789$32,843$16,906
14 years$52,213$45,190$38,990$33,545$28,790$13,928
15 years$48,229$41,282$35,202$29,917$25,349$11,511
16 years$44,747$37,876$31,916$26,787$22,403$9,538
17 years$41,677$34,882$29,042$24,068$19,864$7,920
18 years$38,952$32,233$26,512$21,690$17,662$6,588
19 years$36,516$29,873$24,270$19,599$15,743$5,488
20 years$34,327$27,759$22,274$17,750$14,062$4,577
21 years$32,348$25,857$20,488$16,110$12,584$3,821
22 years$30,552$24,136$18,883$14,647$11,280$3,192
23 years$28,915$22,574$17,435$13,340$10,125$2,669
24 years$27,416$21,151$16,124$12,167$9,101$2,232
25 years$26,039$19,849$14,934$11,111$8,189$1,868
26 years$24,771$18,655$13,851$10,159$7,377$1,564
27 years$23,598$17,556$12,862$9,299$6,651$1,310
28 years$22,511$16,543$11,957$8,520$6,001$1,097
29 years$21,500$15,607$11,127$7,813$5,419$920
30 years$20,559$14,739$10,364$7,170$4,896$771
31 years$19,680$13,933$9,662$6,586$4,427$646
32 years$18,858$13,183$9,015$6,052$4,004$542
33 years$18,088$12,485$8,417$5,566$3,624$454
34 years$17,364$11,833$7,865$5,121$3,281$381
35 years$16,683$11,223$7,353$4,714$2,972$319
36 years$16,041$10,653$6,878$4,341$2,692$268
37 years$15,436$10,117$6,438$4,000$2,440$225
38 years$14,863$9,615$6,029$3,687$2,212$188
39 years$14,322$9,143$5,649$3,400$2,006$158
40 years$13,808$8,699$5,294$3,136$1,820$133
41 years$13,321$8,281$4,964$2,893$1,651$111
42 years$12,859$7,886$4,657$2,670$1,498$93
43 years$12,419$7,514$4,370$2,465$1,360$78
44 years$12,000$7,162$4,102$2,276$1,234$66
45 years$11,601$6,830$3,851$2,102$1,120$55
46 years$11,221$6,515$3,617$1,941$1,017$46
47 years$10,858$6,218$3,398$1,794$924$39
48 years$10,511$5,936$3,194$1,657$839$32
49 years$10,179$5,668$3,002$1,532$762$27
50 years$9,861$5,415$2,822$1,416$692$23

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 $3,479 every year, while hoping to spend $42,891 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: 65/9/26 Blend
54$10,100,000$10,100,000$10,100,000$10,100,000
55$11,133,789$10,598,489$10,441,939$11,781,304
56$12,223,799$11,072,179$10,746,108$12,692,443
57$13,423,554$11,567,642$11,059,029$13,682,803
58$14,744,200$12,085,901$11,380,951$14,764,332
59$16,198,023$12,628,024$11,712,127$15,945,999
60$17,798,558$13,195,134$12,052,820$17,237,676
61$19,560,720$13,788,405$12,403,299$18,650,230
62$21,500,945$14,409,068$12,763,840$20,195,624
63$23,637,340$15,058,411$13,134,728$21,887,027
64$25,989,862$15,737,787$13,516,254$23,738,940
65$28,580,499$16,448,609$13,908,720$25,767,328
66$31,433,480$17,192,361$14,312,432$27,989,768
67$34,575,505$17,970,597$14,727,709$30,425,619
68$38,035,995$18,784,945$15,154,875$33,096,195
69$41,847,369$19,637,109$15,594,266$36,024,969
70$46,045,351$20,528,879$16,046,225$39,237,793
71$50,669,309$21,462,126$16,511,106$42,763,136
72$55,762,622$22,438,813$16,989,271$46,632,354
73$61,373,091$23,460,997$17,481,093$50,879,983
74$67,553,393$24,530,832$17,986,956$55,544,060
75$74,361,573$25,650,577$18,507,253$60,666,483
76$81,861,596$26,822,598$19,042,389$66,293,402
77$90,123,948$28,049,375$19,592,779$72,475,653
78$99,226,304$29,333,507$20,158,849$79,269,233
79$109,254,255$30,677,717$20,741,039$86,735,827
80$120,302,124$32,084,860$21,339,799$94,943,390
81$132,473,849$33,557,927$21,955,591$103,966,779
82$145,883,969$35,100,052$22,588,890$113,888,461
83$160,658,702$36,714,523$23,240,186$124,799,290
84$176,937,136$38,404,781$23,909,979$136,799,353
85$194,872,544$40,174,436$24,598,784$149,998,920
86$214,633,831$42,027,270$25,307,130$164,519,477
87$236,407,124$43,967,249$26,035,561$180,494,866
88$260,397,533$45,998,526$26,784,635$198,072,551
89$286,831,086$48,125,458$27,554,924$217,415,001
90$315,956,860$50,352,610$28,347,018$238,701,220
91$348,049,337$52,684,765$29,161,521$262,128,433
92$383,410,991$55,126,940$29,999,053$287,913,942
93$422,375,143$57,684,390$30,860,252$316,297,174
94$465,309,109$60,362,627$31,745,772$347,541,935
95$512,617,669$63,167,427$32,656,286$381,938,892
96$564,746,883$66,104,843$33,592,483$419,808,318
97$622,188,307$69,181,222$34,555,073$461,503,103
98$685,483,629$72,403,216$35,544,783$507,412,083
99$755,229,786$75,777,800$36,562,360$557,963,703
100$832,084,595$79,312,284$37,608,570$613,630,054