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%13.5%
1 years$834,049$826,619$819,371$812,296$805,388$793,680
2 years$412,895$405,206$397,753$390,527$383,518$371,747
3 years$272,529$264,806$257,372$250,214$243,320$231,852
4 years$202,360$194,661$187,301$180,265$173,538$162,461
5 years$160,269$152,616$145,353$138,461$131,921$121,267
6 years$132,218$124,623$117,467$110,728$104,384$94,167
7 years$112,190$104,658$97,616$91,036$84,892$75,114
8 years$97,175$89,711$82,786$76,368$70,426$61,086
9 years$85,503$78,110$71,303$65,048$59,309$50,403
10 years$76,171$68,850$62,164$56,072$50,534$42,055
11 years$68,540$61,293$54,728$48,800$43,461$35,400
12 years$62,186$55,013$48,570$42,804$37,663$30,010
13 years$56,814$49,716$43,394$37,789$32,843$25,588
14 years$52,213$45,190$38,990$33,545$28,790$21,922
15 years$48,229$41,282$35,202$29,917$25,349$18,856
16 years$44,747$37,876$31,916$26,787$22,403$16,272
17 years$41,677$34,882$29,042$24,068$19,864$14,082
18 years$38,952$32,233$26,512$21,690$17,662$12,216
19 years$36,516$29,873$24,270$19,599$15,743$10,619
20 years$34,327$27,759$22,274$17,750$14,062$9,247
21 years$32,348$25,857$20,488$16,110$12,584$8,065
22 years$30,552$24,136$18,883$14,647$11,280$7,042
23 years$28,915$22,574$17,435$13,340$10,125$6,157
24 years$27,416$21,151$16,124$12,167$9,101$5,387
25 years$26,039$19,849$14,934$11,111$8,189$4,718
26 years$24,771$18,655$13,851$10,159$7,377$4,136
27 years$23,598$17,556$12,862$9,299$6,651$3,627
28 years$22,511$16,543$11,957$8,520$6,001$3,183
29 years$21,500$15,607$11,127$7,813$5,419$2,794
30 years$20,559$14,739$10,364$7,170$4,896$2,454
31 years$19,680$13,933$9,662$6,586$4,427$2,157
32 years$18,858$13,183$9,015$6,052$4,004$1,896
33 years$18,088$12,485$8,417$5,566$3,624$1,667
34 years$17,364$11,833$7,865$5,121$3,281$1,466
35 years$16,683$11,223$7,353$4,714$2,972$1,289
36 years$16,041$10,653$6,878$4,341$2,692$1,134
37 years$15,436$10,117$6,438$4,000$2,440$998
38 years$14,863$9,615$6,029$3,687$2,212$878
39 years$14,322$9,143$5,649$3,400$2,006$773
40 years$13,808$8,699$5,294$3,136$1,820$681
41 years$13,321$8,281$4,964$2,893$1,651$599
42 years$12,859$7,886$4,657$2,670$1,498$528
43 years$12,419$7,514$4,370$2,465$1,360$465
44 years$12,000$7,162$4,102$2,276$1,234$409
45 years$11,601$6,830$3,851$2,102$1,120$360
46 years$11,221$6,515$3,617$1,941$1,017$317
47 years$10,858$6,218$3,398$1,794$924$279
48 years$10,511$5,936$3,194$1,657$839$246
49 years$10,179$5,668$3,002$1,532$762$217
50 years$9,861$5,415$2,822$1,416$692$191

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 $3,706 every year, while hoping to spend $34,542 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: 55/36/9 Blend
56$10,100,000$10,100,000$10,100,000$10,100,000
57$11,134,023$10,598,723$10,442,173$11,721,818
58$12,232,941$11,081,308$10,755,233$12,602,349
59$13,442,790$11,586,382$11,077,623$13,556,451
60$14,774,851$12,115,010$11,409,619$14,594,417
61$16,241,550$12,668,310$11,751,506$15,724,226
62$17,856,581$13,247,450$12,103,574$16,954,648
63$19,635,035$13,853,658$12,466,127$18,295,321
64$21,593,539$14,488,218$12,839,473$19,756,836
65$23,750,417$15,152,477$13,223,932$21,350,838
66$26,125,857$15,847,846$13,619,831$23,090,127
67$28,742,109$16,575,805$14,027,510$24,988,777
68$31,623,688$17,337,903$14,447,315$27,062,266
69$34,797,609$18,135,766$14,879,605$29,327,616
70$38,293,642$18,971,095$15,324,749$31,803,545
71$42,144,590$19,845,675$15,783,125$34,510,646
72$46,386,603$20,761,378$16,255,124$37,471,572
73$51,059,514$21,720,163$16,741,148$40,711,243
74$56,207,218$22,724,085$17,241,610$44,257,080
75$61,878,086$23,775,297$17,756,937$48,139,252
76$68,125,422$24,876,057$18,287,565$52,390,960
77$75,007,963$26,028,732$18,833,946$57,048,741
78$82,590,436$27,235,801$19,396,544$62,152,806
79$90,944,168$28,499,863$19,975,836$67,747,411
80$100,147,761$29,823,644$20,572,314$73,881,273
81$110,287,829$31,209,999$21,186,484$80,608,015
82$121,459,822$32,661,924$21,818,865$87,986,667
83$133,768,922$34,182,555$22,469,995$96,082,215
84$147,331,035$35,775,184$23,140,423$104,966,206
85$162,273,892$37,443,259$23,830,718$114,717,410
86$178,738,245$39,190,395$24,541,463$125,422,557
87$196,879,203$41,020,381$25,273,259$137,177,148
88$216,867,693$42,937,191$26,026,725$150,086,338
89$238,892,074$44,944,989$26,802,496$164,265,924
90$263,159,913$47,048,142$27,601,228$179,843,422
91$289,899,949$49,251,226$28,423,594$196,959,263
92$319,364,247$51,559,039$29,270,287$215,768,099
93$351,830,580$53,976,612$30,142,022$236,440,255
94$387,605,051$56,509,218$31,039,532$259,163,320
95$427,024,983$59,162,386$31,963,572$284,143,904
96$470,462,100$61,941,912$32,914,921$311,609,571
97$518,326,041$64,853,872$33,894,378$341,810,971
98$571,068,224$67,904,638$34,902,766$375,024,192
99$629,186,106$71,100,889$35,940,932$411,553,345
100$693,227,884$74,449,628$37,009,748$451,733,417