Can I retire at age 55 with 10,200,000?

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 $10,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$842,306$834,804$827,484$820,339$813,362$786,068
2 years$416,983$409,217$401,691$394,394$387,315$360,086
3 years$275,228$267,428$259,921$252,692$245,729$219,420
4 years$204,364$196,588$189,156$182,050$175,256$150,068
5 years$161,856$154,127$146,793$139,832$133,227$109,227
6 years$133,527$125,857$118,630$111,825$105,418$82,625
7 years$113,300$105,694$98,582$91,937$85,733$64,145
8 years$98,137$90,599$83,606$77,124$71,124$50,723
9 years$86,349$78,883$72,009$65,692$59,896$40,659
10 years$76,925$69,532$62,779$56,628$51,035$32,930
11 years$69,219$61,900$55,270$49,283$43,892$26,884
12 years$62,802$55,558$49,051$43,228$38,036$22,086
13 years$57,377$50,208$43,824$38,164$33,168$18,237
14 years$52,730$45,638$39,376$33,877$29,075$15,119
15 years$48,707$41,691$35,551$30,213$25,600$12,576
16 years$45,190$38,251$32,232$27,052$22,625$10,489
17 years$42,090$35,227$29,330$24,306$20,061$8,767
18 years$39,337$32,552$26,775$21,905$17,837$7,342
19 years$36,878$30,169$24,511$19,793$15,899$6,157
20 years$34,667$28,034$22,495$17,926$14,201$5,171
21 years$32,669$26,113$20,691$16,269$12,708$4,347
22 years$30,855$24,375$19,070$14,792$11,391$3,657
23 years$29,201$22,798$17,608$13,472$10,225$3,079
24 years$27,688$21,360$16,284$12,287$9,191$2,594
25 years$26,297$20,045$15,082$11,221$8,270$2,187
26 years$25,016$18,839$13,988$10,260$7,450$1,844
27 years$23,831$17,730$12,989$9,391$6,716$1,556
28 years$22,734$16,707$12,075$8,604$6,060$1,313
29 years$21,713$15,761$11,237$7,890$5,472$1,108
30 years$20,763$14,885$10,467$7,241$4,945$936
31 years$19,875$14,071$9,758$6,651$4,470$790
32 years$19,045$13,314$9,104$6,112$4,044$667
33 years$18,267$12,609$8,501$5,621$3,660$564
34 years$17,536$11,950$7,943$5,172$3,313$476
35 years$16,848$11,334$7,426$4,761$3,001$402
36 years$16,200$10,758$6,947$4,384$2,719$340
37 years$15,588$10,218$6,502$4,040$2,464$287
38 years$15,010$9,710$6,089$3,723$2,234$243
39 years$14,463$9,234$5,704$3,433$2,026$205
40 years$13,945$8,785$5,347$3,167$1,838$173
41 years$13,453$8,363$5,014$2,922$1,667$147
42 years$12,986$7,964$4,703$2,696$1,513$124
43 years$12,542$7,588$4,413$2,489$1,373$105
44 years$12,119$7,233$4,142$2,298$1,246$88
45 years$11,716$6,898$3,890$2,122$1,131$75
46 years$11,332$6,580$3,653$1,961$1,027$63
47 years$10,965$6,279$3,432$1,811$933$53
48 years$10,615$5,994$3,225$1,674$847$45
49 years$10,279$5,724$3,032$1,547$769$38
50 years$9,959$5,468$2,850$1,430$699$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $10,200,000, adding $4,062 every year, while hoping to spend $38,697 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: 47/46/7 Blend
54$10,200,000$10,200,000$10,200,000$10,200,000
55$11,244,590$10,703,990$10,545,890$11,751,764
56$12,350,365$11,187,312$10,858,004$12,583,594
57$13,567,632$11,693,020$11,179,277$13,481,427
58$14,907,722$12,222,170$11,509,975$14,454,871
59$16,383,122$12,775,868$11,850,371$15,510,947
60$18,007,589$13,355,274$12,200,747$16,657,362
61$19,796,283$13,961,603$12,561,392$17,902,574
62$21,765,910$14,596,128$12,932,604$19,255,872
63$23,934,876$15,260,181$13,314,690$20,727,454
64$26,323,465$15,955,162$13,707,964$22,328,525
65$28,954,029$16,682,535$14,112,751$24,071,391
66$31,851,195$17,443,835$14,529,384$25,969,573
67$35,042,104$18,240,670$14,958,205$28,037,929
68$38,556,661$19,074,725$15,399,567$30,292,787
69$42,427,821$19,947,767$15,853,834$32,752,094
70$46,691,899$20,861,648$16,321,377$35,435,580
71$51,388,910$21,818,306$16,802,581$38,364,935
72$56,562,952$22,819,776$17,297,840$41,564,007
73$62,262,615$23,868,187$17,807,559$45,059,022
74$68,541,447$24,965,773$18,332,157$48,878,821
75$75,458,452$26,114,874$18,872,063$53,055,127
76$83,078,655$27,317,943$19,427,717$57,622,832
77$91,473,706$28,577,551$19,999,575$62,620,323
78$100,722,565$29,896,392$20,588,101$68,089,829
79$110,912,242$31,277,290$21,193,778$74,077,813
80$122,138,619$32,723,206$21,817,098$80,635,402
81$134,507,356$34,237,241$22,458,569$87,818,854
82$148,134,889$35,822,648$23,118,713$95,690,084
83$163,149,525$37,482,835$23,798,067$104,317,230
84$179,692,657$39,221,374$24,497,183$113,775,291
85$197,920,098$41,042,012$25,216,628$124,146,815
86$218,003,550$42,948,672$25,956,987$135,522,672
87$240,132,225$44,945,470$26,718,859$148,002,890
88$264,514,633$47,036,720$27,502,862$161,697,592
89$291,380,548$49,226,941$28,309,631$176,728,013
90$320,983,177$51,520,874$29,139,816$193,227,636
91$353,601,551$53,923,487$29,994,090$211,343,427
92$389,543,159$56,439,988$30,873,142$231,237,211
93$429,146,850$59,075,836$31,777,681$253,087,176
94$472,786,032$61,836,755$32,708,436$277,089,541
95$520,872,196$64,728,744$33,666,157$303,460,382
96$573,858,800$67,758,094$34,651,615$332,437,656
97$632,245,555$70,931,397$35,665,600$364,283,421
98$696,583,132$74,255,567$36,708,929$399,286,287
99$767,478,372$77,737,849$37,782,438$437,764,118
100$845,600,004$81,385,842$38,886,988$480,067,006