Can I retire at age 57 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%16.5%
1 years$842,306$834,804$827,484$820,339$813,362$791,773
2 years$416,983$409,217$401,691$394,394$387,315$365,715
3 years$275,228$267,428$259,921$252,692$245,729$224,793
4 years$204,364$196,588$189,156$182,050$175,256$155,146
5 years$161,856$154,127$146,793$139,832$133,227$113,999
6 years$133,527$125,857$118,630$111,825$105,418$87,090
7 years$113,300$105,694$98,582$91,937$85,733$68,306
8 years$98,137$90,599$83,606$77,124$71,124$54,589
9 years$86,349$78,883$72,009$65,692$59,896$44,240
10 years$76,925$69,532$62,779$56,628$51,035$36,236
11 years$69,219$61,900$55,270$49,283$43,892$29,928
12 years$62,802$55,558$49,051$43,228$38,036$24,882
13 years$57,377$50,208$43,824$38,164$33,168$20,797
14 years$52,730$45,638$39,376$33,877$29,075$17,458
15 years$48,707$41,691$35,551$30,213$25,600$14,707
16 years$45,190$38,251$32,232$27,052$22,625$12,426
17 years$42,090$35,227$29,330$24,306$20,061$10,524
18 years$39,337$32,552$26,775$21,905$17,837$8,932
19 years$36,878$30,169$24,511$19,793$15,899$7,593
20 years$34,667$28,034$22,495$17,926$14,201$6,465
21 years$32,669$26,113$20,691$16,269$12,708$5,510
22 years$30,855$24,375$19,070$14,792$11,391$4,702
23 years$29,201$22,798$17,608$13,472$10,225$4,015
24 years$27,688$21,360$16,284$12,287$9,191$3,432
25 years$26,297$20,045$15,082$11,221$8,270$2,935
26 years$25,016$18,839$13,988$10,260$7,450$2,511
27 years$23,831$17,730$12,989$9,391$6,716$2,150
28 years$22,734$16,707$12,075$8,604$6,060$1,841
29 years$21,713$15,761$11,237$7,890$5,472$1,577
30 years$20,763$14,885$10,467$7,241$4,945$1,351
31 years$19,875$14,071$9,758$6,651$4,470$1,158
32 years$19,045$13,314$9,104$6,112$4,044$993
33 years$18,267$12,609$8,501$5,621$3,660$851
34 years$17,536$11,950$7,943$5,172$3,313$730
35 years$16,848$11,334$7,426$4,761$3,001$626
36 years$16,200$10,758$6,947$4,384$2,719$537
37 years$15,588$10,218$6,502$4,040$2,464$461
38 years$15,010$9,710$6,089$3,723$2,234$395
39 years$14,463$9,234$5,704$3,433$2,026$339
40 years$13,945$8,785$5,347$3,167$1,838$291
41 years$13,453$8,363$5,014$2,922$1,667$250
42 years$12,986$7,964$4,703$2,696$1,513$214
43 years$12,542$7,588$4,413$2,489$1,373$184
44 years$12,119$7,233$4,142$2,298$1,246$158
45 years$11,716$6,898$3,890$2,122$1,131$135
46 years$11,332$6,580$3,653$1,961$1,027$116
47 years$10,965$6,279$3,432$1,811$933$100
48 years$10,615$5,994$3,225$1,674$847$86
49 years$10,279$5,724$3,032$1,547$769$74
50 years$9,959$5,468$2,850$1,430$699$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $10,200,000, adding $4,170 every year, while hoping to spend $36,401 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: 71/5/24 Blend
56$10,200,000$10,200,000$10,200,000$10,200,000
57$11,244,701$10,704,101$10,546,001$11,974,983
58$12,352,931$11,189,872$10,860,562$12,949,154
59$13,572,979$11,698,225$11,184,440$14,010,843
60$14,916,214$12,230,229$11,517,910$15,172,539
61$16,395,161$12,787,004$11,861,253$16,444,170
62$18,023,622$13,369,721$12,214,760$17,836,668
63$19,816,804$13,979,610$12,578,727$19,362,072
64$21,791,466$14,617,960$12,953,463$21,033,636
65$23,966,075$15,286,119$13,339,283$22,865,958
66$26,360,977$15,985,501$13,736,511$24,875,115
67$28,998,596$16,717,590$14,145,484$27,078,810
68$31,903,640$17,483,939$14,566,544$29,496,543
69$35,103,334$18,286,175$15,000,047$32,149,789
70$38,627,681$19,126,004$15,446,355$35,062,202
71$42,509,741$20,005,215$15,905,845$38,259,837
72$46,785,946$20,925,682$16,378,902$41,771,392
73$51,496,440$21,889,368$16,865,923$45,628,479
74$56,685,462$22,898,332$17,367,316$49,865,920
75$62,401,760$23,954,732$17,883,502$54,522,075
76$68,699,054$25,060,828$18,414,914$59,639,201
77$75,636,540$26,218,990$18,961,995$65,263,849
78$83,279,449$27,431,703$19,525,205$71,447,302
79$91,699,667$28,701,571$20,105,014$78,246,058
80$100,976,408$30,031,322$20,701,906$85,722,358
81$111,196,962$31,423,818$21,316,380$93,944,774
82$122,457,523$32,882,055$21,948,950$102,988,856
83$134,864,093$34,409,179$22,600,142$112,937,837
84$148,533,484$36,008,482$23,270,500$123,883,420
85$163,594,420$37,683,419$23,960,583$135,926,643
86$180,188,753$39,437,609$24,670,965$149,178,825
87$198,472,801$41,274,847$25,402,237$163,762,619
88$218,618,823$43,199,110$26,155,008$179,813,163
89$240,816,646$45,214,569$26,929,904$197,479,356
90$265,275,455$47,325,595$27,727,567$216,925,258
91$292,225,772$49,536,769$28,548,661$238,331,638
92$321,921,626$51,852,897$29,393,867$261,897,675
93$354,642,955$54,279,012$30,263,885$287,842,837
94$390,698,248$56,820,395$31,159,436$316,408,947
95$430,427,454$59,482,579$32,081,262$347,862,463
96$474,205,196$62,271,367$33,030,126$382,496,990
97$522,444,303$65,192,841$34,006,812$420,636,049
98$575,599,709$68,253,377$35,012,128$462,636,125
99$634,172,749$71,459,662$36,046,903$508,890,028
100$698,715,888$74,818,704$37,111,993$559,830,598