Can I retire at age 57 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%18.8%
1 years$834,049$826,619$819,371$812,296$805,388$776,812
2 years$412,895$405,206$397,753$390,527$383,518$355,033
3 years$272,529$264,806$257,372$250,214$243,320$215,821
4 years$202,360$194,661$187,301$180,265$173,538$147,235
5 years$160,269$152,616$145,353$138,461$131,921$106,882
6 years$132,218$124,623$117,467$110,728$104,384$80,630
7 years$112,190$104,658$97,616$91,036$84,892$62,417
8 years$97,175$89,711$82,786$76,368$70,426$49,211
9 years$85,503$78,110$71,303$65,048$59,309$39,326
10 years$76,171$68,850$62,164$56,072$50,534$31,750
11 years$68,540$61,293$54,728$48,800$43,461$25,837
12 years$62,186$55,013$48,570$42,804$37,663$21,156
13 years$56,814$49,716$43,394$37,789$32,843$17,409
14 years$52,213$45,190$38,990$33,545$28,790$14,383
15 years$48,229$41,282$35,202$29,917$25,349$11,921
16 years$44,747$37,876$31,916$26,787$22,403$9,906
17 years$41,677$34,882$29,042$24,068$19,864$8,250
18 years$38,952$32,233$26,512$21,690$17,662$6,883
19 years$36,516$29,873$24,270$19,599$15,743$5,751
20 years$34,327$27,759$22,274$17,750$14,062$4,811
21 years$32,348$25,857$20,488$16,110$12,584$4,029
22 years$30,552$24,136$18,883$14,647$11,280$3,376
23 years$28,915$22,574$17,435$13,340$10,125$2,832
24 years$27,416$21,151$16,124$12,167$9,101$2,376
25 years$26,039$19,849$14,934$11,111$8,189$1,995
26 years$24,771$18,655$13,851$10,159$7,377$1,676
27 years$23,598$17,556$12,862$9,299$6,651$1,408
28 years$22,511$16,543$11,957$8,520$6,001$1,183
29 years$21,500$15,607$11,127$7,813$5,419$995
30 years$20,559$14,739$10,364$7,170$4,896$836
31 years$19,680$13,933$9,662$6,586$4,427$703
32 years$18,858$13,183$9,015$6,052$4,004$592
33 years$18,088$12,485$8,417$5,566$3,624$498
34 years$17,364$11,833$7,865$5,121$3,281$419
35 years$16,683$11,223$7,353$4,714$2,972$352
36 years$16,041$10,653$6,878$4,341$2,692$296
37 years$15,436$10,117$6,438$4,000$2,440$249
38 years$14,863$9,615$6,029$3,687$2,212$210
39 years$14,322$9,143$5,649$3,400$2,006$177
40 years$13,808$8,699$5,294$3,136$1,820$149
41 years$13,321$8,281$4,964$2,893$1,651$125
42 years$12,859$7,886$4,657$2,670$1,498$105
43 years$12,419$7,514$4,370$2,465$1,360$89
44 years$12,000$7,162$4,102$2,276$1,234$75
45 years$11,601$6,830$3,851$2,102$1,120$63
46 years$11,221$6,515$3,617$1,941$1,017$53
47 years$10,858$6,218$3,398$1,794$924$44
48 years$10,511$5,936$3,194$1,657$839$37
49 years$10,179$5,668$3,002$1,532$762$32
50 years$9,861$5,415$2,822$1,416$692$27

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 $3,567 every year, while hoping to spend $55,365 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: 24/50/26 Blend
56$10,100,000$10,100,000$10,100,000$10,100,000
57$11,133,879$10,598,579$10,442,029$11,309,309
58$12,210,627$11,059,002$10,732,929$11,917,357
59$13,395,348$11,540,129$11,031,719$12,563,438
60$14,698,995$12,042,918$11,338,604$13,254,513
61$16,133,641$12,568,369$11,653,795$13,994,356
62$17,712,584$13,117,531$11,977,509$14,787,093
63$19,450,478$13,691,501$12,309,966$15,637,234
64$21,363,471$14,291,428$12,651,394$16,549,715
65$23,469,354$14,918,517$13,002,025$17,529,933
66$25,787,732$15,574,028$13,362,096$18,583,801
67$28,340,205$16,259,280$13,731,852$19,717,788
68$31,150,579$16,975,657$14,111,541$20,938,983
69$34,245,079$17,724,606$14,501,419$22,255,151
70$37,652,609$18,507,644$14,901,748$23,674,801
71$41,405,015$19,326,358$15,312,797$25,207,261
72$45,537,389$20,182,412$15,734,838$26,862,758
73$50,088,401$21,077,548$16,168,153$28,652,510
74$55,100,661$22,013,591$16,613,029$30,588,820
75$60,621,123$22,992,452$17,069,761$32,685,189
76$66,701,530$24,016,134$17,538,649$34,956,433
77$73,398,894$25,086,733$18,020,003$37,418,812
78$80,776,045$26,206,447$18,514,137$40,090,183
79$88,902,215$27,377,576$19,021,373$42,990,148
80$97,853,695$28,602,531$19,542,044$46,140,239
81$107,714,555$29,883,838$20,076,485$49,564,106
82$118,577,435$31,224,143$20,625,043$53,287,732
83$130,544,424$32,626,216$21,188,072$57,339,665
84$143,728,016$34,092,961$21,765,933$61,751,279
85$158,252,178$35,627,421$22,358,997$66,557,056
86$174,253,518$37,232,782$22,967,641$71,794,898
87$191,882,573$38,912,384$23,592,253$77,506,476
88$211,305,229$40,669,725$24,233,228$83,737,605
89$232,704,292$42,508,471$24,890,970$90,538,665
90$256,281,206$44,432,462$25,565,894$97,965,059
91$282,257,959$46,445,723$26,258,421$106,077,724
92$310,879,177$48,552,470$26,968,984$114,943,686
93$342,414,433$50,757,120$27,698,025$124,636,677
94$377,160,790$53,064,305$28,445,994$135,237,816
95$415,445,609$55,478,874$29,213,353$146,836,350
96$457,629,634$58,005,911$30,000,573$159,530,483
97$504,110,399$60,650,743$30,808,135$173,428,278
98$555,325,982$63,418,952$31,636,530$188,648,658
99$611,759,139$66,316,387$32,486,260$205,322,505
100$673,941,860$69,349,179$33,357,839$223,593,874