Can I retire at age 63 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%11.2%
1 years$834,049$826,619$819,371$812,296$805,388$801,321
2 years$412,895$405,206$397,753$390,527$383,518$379,413
3 years$272,529$264,806$257,372$250,214$243,320$239,304
4 years$202,360$194,661$187,301$180,265$173,538$169,643
5 years$160,269$152,616$145,353$138,461$131,921$128,158
6 years$132,218$124,623$117,467$110,728$104,384$100,758
7 years$112,190$104,658$97,616$91,036$84,892$81,405
8 years$97,175$89,711$82,786$76,368$70,426$67,078
9 years$85,503$78,110$71,303$65,048$59,309$56,099
10 years$76,171$68,850$62,164$56,072$50,534$47,461
11 years$68,540$61,293$54,728$48,800$43,461$40,522
12 years$62,186$55,013$48,570$42,804$37,663$34,856
13 years$56,814$49,716$43,394$37,789$32,843$30,165
14 years$52,213$45,190$38,990$33,545$28,790$26,239
15 years$48,229$41,282$35,202$29,917$25,349$22,921
16 years$44,747$37,876$31,916$26,787$22,403$20,095
17 years$41,677$34,882$29,042$24,068$19,864$17,673
18 years$38,952$32,233$26,512$21,690$17,662$15,584
19 years$36,516$29,873$24,270$19,599$15,743$13,773
20 years$34,327$27,759$22,274$17,750$14,062$12,198
21 years$32,348$25,857$20,488$16,110$12,584$10,821
22 years$30,552$24,136$18,883$14,647$11,280$9,614
23 years$28,915$22,574$17,435$13,340$10,125$8,554
24 years$27,416$21,151$16,124$12,167$9,101$7,619
25 years$26,039$19,849$14,934$11,111$8,189$6,794
26 years$24,771$18,655$13,851$10,159$7,377$6,063
27 years$23,598$17,556$12,862$9,299$6,651$5,416
28 years$22,511$16,543$11,957$8,520$6,001$4,841
29 years$21,500$15,607$11,127$7,813$5,419$4,330
30 years$20,559$14,739$10,364$7,170$4,896$3,875
31 years$19,680$13,933$9,662$6,586$4,427$3,469
32 years$18,858$13,183$9,015$6,052$4,004$3,108
33 years$18,088$12,485$8,417$5,566$3,624$2,785
34 years$17,364$11,833$7,865$5,121$3,281$2,497
35 years$16,683$11,223$7,353$4,714$2,972$2,239
36 years$16,041$10,653$6,878$4,341$2,692$2,008
37 years$15,436$10,117$6,438$4,000$2,440$1,802
38 years$14,863$9,615$6,029$3,687$2,212$1,617
39 years$14,322$9,143$5,649$3,400$2,006$1,452
40 years$13,808$8,699$5,294$3,136$1,820$1,303
41 years$13,321$8,281$4,964$2,893$1,651$1,170
42 years$12,859$7,886$4,657$2,670$1,498$1,051
43 years$12,419$7,514$4,370$2,465$1,360$944
44 years$12,000$7,162$4,102$2,276$1,234$848
45 years$11,601$6,830$3,851$2,102$1,120$762
46 years$11,221$6,515$3,617$1,941$1,017$685
47 years$10,858$6,218$3,398$1,794$924$615
48 years$10,511$5,936$3,194$1,657$839$553
49 years$10,179$5,668$3,002$1,532$762$497
50 years$9,861$5,415$2,822$1,416$692$447

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 63 starting with $10,100,000, adding $6,188 every year, while hoping to spend $57,103 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: 62/24/14 Blend
62$10,100,000$10,100,000$10,100,000$10,100,000
63$11,136,583$10,601,283$10,444,733$11,788,678
64$12,211,757$11,059,989$10,733,874$12,685,950
65$13,394,685$11,539,257$11,030,788$13,657,947
66$14,696,298$12,040,036$11,335,674$14,717,608
67$16,128,639$12,563,316$11,648,738$15,873,442
68$17,704,978$13,110,136$11,970,189$17,134,805
69$19,439,938$13,681,585$12,300,242$18,511,995
70$21,349,628$14,278,799$12,639,116$20,016,336
71$23,451,801$14,902,971$12,987,038$21,660,291
72$25,766,018$15,555,350$13,344,237$23,457,572
73$28,313,833$16,237,243$13,710,950$25,423,269
74$31,118,994$16,950,018$14,087,417$27,573,989
75$34,207,673$17,695,110$14,473,886$29,928,008
76$37,608,704$18,474,019$14,870,610$32,505,443
77$41,353,864$19,288,318$15,277,848$35,328,439
78$45,478,166$20,139,654$15,695,863$38,421,370
79$50,020,192$21,029,750$16,124,928$41,811,071
80$55,022,458$21,960,414$16,565,319$45,527,086
81$60,531,810$22,933,536$17,017,320$49,601,940
82$66,599,875$23,951,099$17,481,220$54,071,446
83$73,283,537$25,015,178$17,957,316$58,975,037
84$80,645,483$26,127,947$18,445,911$64,356,134
85$88,754,789$27,291,683$18,947,315$70,262,550
86$97,687,573$28,508,771$19,461,846$76,746,939
87$107,527,714$29,781,710$19,989,827$83,867,288
88$118,367,645$31,113,117$20,531,589$91,687,456
89$130,309,219$32,505,734$21,087,472$100,277,774
90$143,464,679$33,962,434$21,657,822$109,715,704
91$157,957,708$35,486,226$22,242,991$120,086,561
92$173,924,605$37,080,262$22,843,342$131,484,316
93$191,515,565$38,747,845$23,459,244$144,012,472
94$210,896,098$40,492,435$24,091,074$157,785,040
95$232,248,593$42,317,657$24,739,218$172,927,603
96$255,774,037$44,227,309$25,404,069$189,578,497
97$281,693,913$46,225,371$26,086,030$207,890,110
98$310,252,290$48,316,013$26,785,510$228,030,307
99$341,718,128$50,503,602$27,502,929$250,184,015
100$376,387,814$52,792,716$28,238,714$274,554,951