Can I retire at age 57 with 10,800,000?

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 $10,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$891,854$883,910$876,159$868,594$861,207$837,670
2 years$441,512$433,289$425,320$417,593$410,099$386,558
3 years$291,417$283,159$275,210$267,556$260,183$237,375
4 years$216,385$208,152$200,283$192,759$185,565$163,665
5 years$171,377$163,194$155,427$148,057$141,064$120,131
6 years$141,382$133,260$125,608$118,403$111,619$91,675
7 years$119,965$111,911$104,381$97,345$90,776$71,820
8 years$103,910$95,929$88,524$81,661$75,307$57,331
9 years$91,429$83,523$76,245$69,557$63,420$46,405
10 years$81,450$73,622$66,472$59,959$54,037$37,962
11 years$73,291$65,541$58,521$52,182$46,473$31,314
12 years$66,496$58,826$51,936$45,771$40,273$26,000
13 years$60,752$53,162$46,401$40,409$35,119$21,702
14 years$55,832$48,322$41,692$35,870$30,785$18,193
15 years$51,572$44,143$37,642$31,990$27,105$15,304
16 years$47,848$40,501$34,128$28,644$23,956$12,912
17 years$44,566$37,300$31,055$25,736$21,241$10,920
18 years$41,651$34,467$28,349$23,193$18,886$9,254
19 years$39,047$31,943$25,953$20,957$16,834$7,855
20 years$36,706$29,683$23,818$18,981$15,036$6,678
21 years$34,590$27,649$21,908$17,226$13,456$5,683
22 years$32,670$25,809$20,192$15,663$12,061$4,842
23 years$30,919$24,139$18,643$14,264$10,827$4,128
24 years$29,316$22,616$17,242$13,010$9,731$3,523
25 years$27,844$21,224$15,970$11,881$8,757$3,008
26 years$26,487$19,948$14,811$10,864$7,888$2,570
27 years$25,233$18,773$13,753$9,944$7,112$2,196
28 years$24,071$17,690$12,785$9,111$6,417$1,878
29 years$22,991$16,688$11,898$8,355$5,794$1,606
30 years$21,984$15,760$11,082$7,667$5,235$1,374
31 years$21,044$14,899$10,332$7,042$4,733$1,176
32 years$20,165$14,097$9,640$6,472$4,282$1,006
33 years$19,341$13,350$9,001$5,951$3,875$861
34 years$18,567$12,653$8,410$5,476$3,508$737
35 years$17,839$12,001$7,863$5,041$3,178$631
36 years$17,153$11,391$7,355$4,642$2,879$541
37 years$16,505$10,819$6,884$4,277$2,609$463
38 years$15,893$10,282$6,447$3,942$2,366$397
39 years$15,314$9,777$6,040$3,635$2,145$340
40 years$14,765$9,302$5,661$3,353$1,946$291
41 years$14,245$8,854$5,309$3,093$1,765$249
42 years$13,750$8,433$4,980$2,855$1,602$214
43 years$13,280$8,035$4,673$2,635$1,454$183
44 years$12,832$7,659$4,386$2,433$1,320$157
45 years$12,405$7,303$4,118$2,247$1,198$134
46 years$11,998$6,967$3,868$2,076$1,088$115
47 years$11,610$6,649$3,634$1,918$988$99
48 years$11,239$6,347$3,415$1,772$897$84
49 years$10,884$6,061$3,210$1,638$815$72
50 years$10,545$5,790$3,018$1,514$740$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $10,800,000, adding $4,433 every year, while hoping to spend $46,523 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: 59/30/11 Blend
56$10,800,000$10,800,000$10,800,000$10,800,000
57$11,906,173$11,333,773$11,166,373$12,576,983
58$13,071,102$11,839,627$11,490,946$13,534,737
59$14,353,295$12,368,710$11,824,833$14,572,976
60$15,764,664$12,922,109$12,168,298$15,703,947
61$17,318,332$13,500,965$12,521,609$16,936,574
62$19,028,764$14,106,475$12,885,045$18,280,668
63$20,911,895$14,739,889$13,258,890$19,747,017
64$22,985,284$15,402,519$13,643,439$21,347,484
65$25,268,281$16,095,740$14,038,992$23,095,115
66$27,782,206$16,820,992$14,445,859$25,004,263
67$30,550,553$17,579,783$14,864,357$27,090,712
68$33,599,211$18,373,693$15,294,814$29,371,830
69$36,956,705$19,204,378$15,737,565$31,866,723
70$40,654,470$20,073,574$16,192,955$34,596,416
71$44,727,145$20,983,099$16,661,338$37,584,041
72$49,212,899$21,934,856$17,143,078$40,855,056
73$54,153,794$22,930,843$17,638,550$44,437,481
74$59,596,176$23,973,149$18,148,137$48,362,150
75$65,591,121$25,063,968$18,672,234$52,663,007
76$72,194,908$26,205,596$19,211,246$57,377,413
77$79,469,556$27,400,438$19,765,591$62,546,495
78$87,483,408$28,651,016$20,335,695$68,215,532
79$96,311,773$29,959,973$20,921,999$74,434,369
80$106,037,641$31,330,079$21,524,953$81,257,887
81$116,752,462$32,764,235$22,145,021$88,746,514
82$128,557,013$34,265,482$22,782,679$96,966,782
83$141,562,346$35,837,009$23,438,416$105,991,954
84$155,890,838$37,482,154$24,112,735$115,902,705
85$171,677,343$39,204,419$24,806,151$126,787,878
86$189,070,469$41,007,473$25,519,195$138,745,307
87$208,233,978$42,895,161$26,252,409$151,882,740
88$229,348,333$44,871,512$27,006,354$166,318,842
89$252,612,398$46,940,752$27,781,601$182,184,306
90$278,245,319$49,107,305$28,578,742$199,623,077
91$306,488,592$51,375,813$29,398,380$218,793,698
92$337,608,339$53,751,139$30,241,137$239,870,801
93$371,897,825$56,238,381$31,107,650$263,046,735
94$409,680,222$58,842,880$31,998,575$288,533,377
95$451,311,661$61,570,237$32,914,584$316,564,116
96$497,184,595$64,426,323$33,856,366$347,396,042
97$547,731,500$67,417,290$34,824,632$381,312,362
98$603,428,964$70,549,588$35,820,107$418,625,054
99$664,802,178$73,829,977$36,843,540$459,677,801
100$732,429,898$77,265,544$37,895,697$504,849,217