Can I retire at age 55 with 10,100,000?

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 $10,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$834,049$826,619$819,371$812,296$805,388$773,433
2 years$412,895$405,206$397,753$390,527$383,518$351,721
3 years$272,529$264,806$257,372$250,214$243,320$212,680
4 years$202,360$194,661$187,301$180,265$173,538$144,290
5 years$160,269$152,616$145,353$138,461$131,921$104,138
6 years$132,218$124,623$117,467$110,728$104,384$78,086
7 years$112,190$104,658$97,616$91,036$84,892$60,068
8 years$97,175$89,711$82,786$76,368$70,426$47,051
9 years$85,503$78,110$71,303$65,048$59,309$37,347
10 years$76,171$68,850$62,164$56,072$50,534$29,942
11 years$68,540$61,293$54,728$48,800$43,461$24,192
12 years$62,186$55,013$48,570$42,804$37,663$19,664
13 years$56,814$49,716$43,394$37,789$32,843$16,059
14 years$52,213$45,190$38,990$33,545$28,790$13,166
15 years$48,229$41,282$35,202$29,917$25,349$10,827
16 years$44,747$37,876$31,916$26,787$22,403$8,926
17 years$41,677$34,882$29,042$24,068$19,864$7,373
18 years$38,952$32,233$26,512$21,690$17,662$6,101
19 years$36,516$29,873$24,270$19,599$15,743$5,055
20 years$34,327$27,759$22,274$17,750$14,062$4,193
21 years$32,348$25,857$20,488$16,110$12,584$3,482
22 years$30,552$24,136$18,883$14,647$11,280$2,893
23 years$28,915$22,574$17,435$13,340$10,125$2,405
24 years$27,416$21,151$16,124$12,167$9,101$2,001
25 years$26,039$19,849$14,934$11,111$8,189$1,665
26 years$24,771$18,655$13,851$10,159$7,377$1,386
27 years$23,598$17,556$12,862$9,299$6,651$1,155
28 years$22,511$16,543$11,957$8,520$6,001$962
29 years$21,500$15,607$11,127$7,813$5,419$801
30 years$20,559$14,739$10,364$7,170$4,896$668
31 years$19,680$13,933$9,662$6,586$4,427$556
32 years$18,858$13,183$9,015$6,052$4,004$464
33 years$18,088$12,485$8,417$5,566$3,624$387
34 years$17,364$11,833$7,865$5,121$3,281$322
35 years$16,683$11,223$7,353$4,714$2,972$269
36 years$16,041$10,653$6,878$4,341$2,692$224
37 years$15,436$10,117$6,438$4,000$2,440$187
38 years$14,863$9,615$6,029$3,687$2,212$156
39 years$14,322$9,143$5,649$3,400$2,006$130
40 years$13,808$8,699$5,294$3,136$1,820$108
41 years$13,321$8,281$4,964$2,893$1,651$90
42 years$12,859$7,886$4,657$2,670$1,498$75
43 years$12,419$7,514$4,370$2,465$1,360$63
44 years$12,000$7,162$4,102$2,276$1,234$52
45 years$11,601$6,830$3,851$2,102$1,120$44
46 years$11,221$6,515$3,617$1,941$1,017$36
47 years$10,858$6,218$3,398$1,794$924$30
48 years$10,511$5,936$3,194$1,657$839$25
49 years$10,179$5,668$3,002$1,532$762$21
50 years$9,861$5,415$2,822$1,416$692$18

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 $6,783 every year, while hoping to spend $36,555 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: 33/39/28 Blend
54$10,100,000$10,100,000$10,100,000$10,100,000
55$11,137,197$10,601,897$10,445,347$11,409,734
56$12,234,296$11,082,495$10,756,372$12,098,180
57$13,442,075$11,585,418$11,076,591$12,835,893
58$14,771,784$12,111,721$11,406,273$13,630,252
59$16,235,819$12,662,508$11,745,697$14,486,299
60$17,847,841$13,238,940$12,095,146$15,409,558
61$19,622,903$13,842,229$12,454,915$16,406,085
62$21,577,590$14,473,650$12,825,306$17,482,520
63$23,730,179$15,134,534$13,206,629$18,646,144
64$26,100,810$15,826,279$13,599,204$19,904,945
65$28,711,676$16,550,349$14,003,360$21,267,689
66$31,587,230$17,308,279$14,419,436$22,743,995
67$34,754,420$18,101,678$14,847,779$24,344,420
68$38,242,940$18,932,229$15,288,749$26,080,557
69$42,085,511$19,801,700$15,742,714$27,965,135
70$46,318,192$20,711,941$16,210,053$30,012,133
71$50,980,714$21,664,893$16,691,156$32,236,907
72$56,116,863$22,662,589$17,186,426$34,656,328
73$61,774,886$23,707,159$17,696,275$37,288,935
74$68,007,952$24,800,838$18,221,128$40,155,097
75$74,874,650$25,945,966$18,761,422$43,277,207
76$82,439,543$27,144,996$19,317,608$46,679,878
77$90,773,776$28,400,501$19,890,148$50,390,168
78$99,955,751$29,715,175$20,479,518$54,437,829
79$110,071,864$31,091,845$21,086,208$58,855,579
80$121,217,320$32,533,471$21,710,721$63,679,396
81$133,497,033$34,043,158$22,353,577$68,948,855
82$147,026,617$35,624,159$23,015,309$74,707,484
83$161,933,475$37,279,886$23,696,464$81,003,169
84$178,358,001$39,013,912$24,397,608$87,888,592
85$196,454,909$40,829,986$25,119,320$95,421,719
86$216,394,691$42,732,036$25,862,198$103,666,328
87$238,365,223$44,724,180$26,626,855$112,692,608
88$262,573,546$46,810,734$27,413,925$122,577,798
89$289,247,812$48,996,225$28,224,056$133,406,909
90$318,639,444$51,285,395$29,057,917$145,273,507
91$351,025,505$53,683,218$29,916,195$158,280,582
92$386,711,317$56,194,906$30,799,598$172,541,506
93$426,033,341$58,825,925$31,708,853$188,181,082
94$469,362,350$61,582,004$32,644,709$205,336,707
95$517,106,938$64,469,150$33,607,934$224,159,650
96$569,717,366$67,493,660$34,599,321$244,816,458
97$627,689,823$70,662,134$35,619,683$267,490,512
98$691,571,100$73,981,494$36,669,858$292,383,731
99$761,963,760$77,458,995$37,750,707$319,718,463
100$839,531,823$81,102,245$38,863,114$349,739,552