Can I retire at age 57 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%17.1%
1 years$834,049$826,619$819,371$812,296$805,388$782,115
2 years$412,895$405,206$397,753$390,527$383,518$360,256
3 years$272,529$264,806$257,372$250,214$243,320$220,797
4 years$202,360$194,661$187,301$180,265$173,538$151,927
5 years$160,269$152,616$145,353$138,461$131,921$111,281
6 years$132,218$124,623$117,467$110,728$104,384$84,735
7 years$112,190$104,658$97,616$91,036$84,892$66,234
8 years$97,175$89,711$82,786$76,368$70,426$52,747
9 years$85,503$78,110$71,303$65,048$59,309$42,591
10 years$76,171$68,850$62,164$56,072$50,534$34,756
11 years$68,540$61,293$54,728$48,800$43,461$28,595
12 years$62,186$55,013$48,570$42,804$37,663$23,680
13 years$56,814$49,716$43,394$37,789$32,843$19,712
14 years$52,213$45,190$38,990$33,545$28,790$16,479
15 years$48,229$41,282$35,202$29,917$25,349$13,824
16 years$44,747$37,876$31,916$26,787$22,403$11,630
17 years$41,677$34,882$29,042$24,068$19,864$9,807
18 years$38,952$32,233$26,512$21,690$17,662$8,286
19 years$36,516$29,873$24,270$19,599$15,743$7,013
20 years$34,327$27,759$22,274$17,750$14,062$5,943
21 years$32,348$25,857$20,488$16,110$12,584$5,042
22 years$30,552$24,136$18,883$14,647$11,280$4,283
23 years$28,915$22,574$17,435$13,340$10,125$3,640
24 years$27,416$21,151$16,124$12,167$9,101$3,096
25 years$26,039$19,849$14,934$11,111$8,189$2,635
26 years$24,771$18,655$13,851$10,159$7,377$2,244
27 years$23,598$17,556$12,862$9,299$6,651$1,912
28 years$22,511$16,543$11,957$8,520$6,001$1,629
29 years$21,500$15,607$11,127$7,813$5,419$1,389
30 years$20,559$14,739$10,364$7,170$4,896$1,184
31 years$19,680$13,933$9,662$6,586$4,427$1,010
32 years$18,858$13,183$9,015$6,052$4,004$861
33 years$18,088$12,485$8,417$5,566$3,624$735
34 years$17,364$11,833$7,865$5,121$3,281$627
35 years$16,683$11,223$7,353$4,714$2,972$535
36 years$16,041$10,653$6,878$4,341$2,692$457
37 years$15,436$10,117$6,438$4,000$2,440$390
38 years$14,863$9,615$6,029$3,687$2,212$333
39 years$14,322$9,143$5,649$3,400$2,006$284
40 years$13,808$8,699$5,294$3,136$1,820$243
41 years$13,321$8,281$4,964$2,893$1,651$207
42 years$12,859$7,886$4,657$2,670$1,498$177
43 years$12,419$7,514$4,370$2,465$1,360$151
44 years$12,000$7,162$4,102$2,276$1,234$129
45 years$11,601$6,830$3,851$2,102$1,120$110
46 years$11,221$6,515$3,617$1,941$1,017$94
47 years$10,858$6,218$3,398$1,794$924$80
48 years$10,511$5,936$3,194$1,657$839$69
49 years$10,179$5,668$3,002$1,532$762$59
50 years$9,861$5,415$2,822$1,416$692$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $10,100,000, adding $4,110 every year, while hoping to spend $28,804 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: 73/11/16 Blend
56$10,100,000$10,100,000$10,100,000$10,100,000
57$11,134,439$10,599,139$10,442,589$11,906,671
58$12,239,505$11,087,850$10,761,769$12,907,797
59$13,456,322$11,599,542$11,090,676$14,000,192
60$14,796,258$12,135,311$11,429,605$15,196,070
61$16,271,841$12,696,306$11,778,861$16,505,691
62$17,896,874$13,283,730$12,138,758$17,940,350
63$19,686,567$13,898,845$12,509,618$19,512,483
64$21,657,681$14,542,973$12,891,775$21,235,782
65$23,828,687$15,217,500$13,285,571$23,125,319
66$26,219,935$15,923,880$13,691,360$25,197,696
67$28,853,854$16,663,635$14,109,506$27,471,188
68$31,755,156$17,438,362$14,540,383$29,965,924
69$34,951,074$18,249,735$14,984,379$32,704,068
70$38,471,618$19,099,506$15,441,890$35,710,030
71$42,349,857$19,989,516$15,913,327$39,010,693
72$46,622,232$20,921,691$16,399,113$42,635,663
73$51,328,899$21,898,053$16,899,682$46,617,552
74$56,514,108$22,920,719$17,415,483$50,992,275
75$62,226,623$23,991,911$17,946,978$55,799,392
76$68,520,179$25,113,955$18,494,642$61,082,480
77$75,453,990$26,289,292$19,058,966$66,889,537
78$83,093,310$27,520,480$19,640,454$73,273,434
79$91,510,046$28,810,201$20,239,627$80,292,414
80$100,783,437$30,161,268$20,857,021$88,010,636
81$111,000,804$31,576,626$21,493,187$96,498,776
82$122,258,372$33,059,367$22,148,695$105,834,696
83$134,662,180$34,612,730$22,824,131$116,104,169
84$148,329,080$36,240,111$23,520,097$127,401,690
85$163,387,842$37,945,072$24,237,216$139,831,364
86$179,980,367$39,731,346$24,976,128$153,507,881
87$198,263,029$41,602,847$25,737,492$168,557,600
88$218,408,149$43,563,678$26,521,990$185,119,730
89$240,605,624$45,618,142$27,330,320$203,347,650
90$265,064,717$47,770,749$28,163,205$223,410,341
91$292,016,032$50,026,230$29,021,387$245,493,987
92$321,713,695$52,389,544$29,905,631$269,803,720
93$354,437,749$54,865,888$30,816,726$296,565,552
94$390,496,797$57,460,715$31,755,485$326,028,508
95$430,230,921$60,179,740$32,722,744$358,466,966
96$474,014,883$63,028,955$33,719,364$394,183,244
97$522,261,673$66,014,646$34,746,234$433,510,446
98$575,426,399$69,143,399$35,804,269$476,815,600
99$634,010,589$72,422,123$36,894,409$524,503,120
100$698,566,923$75,858,061$38,017,626$577,018,611