Can I retire at age 65 with 10,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%17.6%
1 years$834,049$826,619$819,371$812,296$805,388$780,545
2 years$412,895$405,206$397,753$390,527$383,518$358,706
3 years$272,529$264,806$257,372$250,214$243,320$219,317
4 years$202,360$194,661$187,301$180,265$173,538$150,529
5 years$160,269$152,616$145,353$138,461$131,921$109,967
6 years$132,218$124,623$117,467$110,728$104,384$83,506
7 years$112,190$104,658$97,616$91,036$84,892$65,087
8 years$97,175$89,711$82,786$76,368$70,426$51,682
9 years$85,503$78,110$71,303$65,048$59,309$41,604
10 years$76,171$68,850$62,164$56,072$50,534$33,844
11 years$68,540$61,293$54,728$48,800$43,461$27,756
12 years$62,186$55,013$48,570$42,804$37,663$22,909
13 years$56,814$49,716$43,394$37,789$32,843$19,006
14 years$52,213$45,190$38,990$33,545$28,790$15,834
15 years$48,229$41,282$35,202$29,917$25,349$13,236
16 years$44,747$37,876$31,916$26,787$22,403$11,095
17 years$41,677$34,882$29,042$24,068$19,864$9,322
18 years$38,952$32,233$26,512$21,690$17,662$7,847
19 years$36,516$29,873$24,270$19,599$15,743$6,616
20 years$34,327$27,759$22,274$17,750$14,062$5,586
21 years$32,348$25,857$20,488$16,110$12,584$4,721
22 years$30,552$24,136$18,883$14,647$11,280$3,994
23 years$28,915$22,574$17,435$13,340$10,125$3,381
24 years$27,416$21,151$16,124$12,167$9,101$2,865
25 years$26,039$19,849$14,934$11,111$8,189$2,428
26 years$24,771$18,655$13,851$10,159$7,377$2,060
27 years$23,598$17,556$12,862$9,299$6,651$1,747
28 years$22,511$16,543$11,957$8,520$6,001$1,483
29 years$21,500$15,607$11,127$7,813$5,419$1,259
30 years$20,559$14,739$10,364$7,170$4,896$1,069
31 years$19,680$13,933$9,662$6,586$4,427$908
32 years$18,858$13,183$9,015$6,052$4,004$771
33 years$18,088$12,485$8,417$5,566$3,624$655
34 years$17,364$11,833$7,865$5,121$3,281$557
35 years$16,683$11,223$7,353$4,714$2,972$473
36 years$16,041$10,653$6,878$4,341$2,692$402
37 years$15,436$10,117$6,438$4,000$2,440$342
38 years$14,863$9,615$6,029$3,687$2,212$291
39 years$14,322$9,143$5,649$3,400$2,006$247
40 years$13,808$8,699$5,294$3,136$1,820$210
41 years$13,321$8,281$4,964$2,893$1,651$179
42 years$12,859$7,886$4,657$2,670$1,498$152
43 years$12,419$7,514$4,370$2,465$1,360$129
44 years$12,000$7,162$4,102$2,276$1,234$110
45 years$11,601$6,830$3,851$2,102$1,120$93
46 years$11,221$6,515$3,617$1,941$1,017$79
47 years$10,858$6,218$3,398$1,794$924$67
48 years$10,511$5,936$3,194$1,657$839$57
49 years$10,179$5,668$3,002$1,532$762$49
50 years$9,861$5,415$2,822$1,416$692$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $10,100,000, adding $3,617 every year, while hoping to spend $57,134 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: 43/39/18 Blend
64$10,100,000$10,100,000$10,100,000$10,100,000
65$11,133,931$10,598,631$10,442,081$11,554,213
66$12,208,802$11,057,174$10,731,101$12,309,364
67$13,391,395$11,536,270$11,027,887$13,121,094
68$14,692,637$12,036,867$11,332,641$13,999,330
69$16,124,568$12,559,956$11,645,567$14,950,220
70$17,700,454$13,106,575$11,966,874$15,980,514
71$19,434,914$13,677,810$12,296,778$17,097,625
72$21,344,052$14,274,799$12,635,497$18,309,689
73$23,445,615$14,898,735$12,983,256$19,625,647
74$25,759,159$15,550,864$13,340,286$21,055,318
75$28,306,230$16,232,493$13,706,823$22,609,491
76$31,110,572$16,944,991$14,083,107$24,300,021
77$34,198,344$17,689,790$14,469,385$26,139,937
78$37,598,376$18,468,390$14,865,911$28,143,561
79$41,342,433$19,282,364$15,272,941$30,326,636
80$45,465,518$20,133,357$15,690,742$32,706,472
81$50,006,202$21,023,092$16,119,583$35,302,101
82$55,006,986$21,953,376$16,559,740$38,134,454
83$60,514,706$22,926,097$17,011,498$41,226,550
84$66,580,968$23,943,238$17,475,145$44,603,707
85$73,262,642$25,006,873$17,950,978$48,293,779
86$80,622,395$26,119,173$18,439,300$52,327,406
87$88,729,283$27,282,416$18,940,419$56,738,298
88$97,659,400$28,498,984$19,454,654$61,563,551
89$107,496,600$29,771,376$19,982,327$66,843,979
90$118,333,288$31,102,208$20,523,768$72,624,502
91$130,271,286$32,494,219$21,079,318$78,954,555
92$143,422,802$33,950,281$21,649,320$85,888,546
93$157,911,484$35,473,401$22,234,129$93,486,365
94$173,873,588$37,066,730$22,834,104$101,813,933
95$191,459,263$38,733,569$23,449,616$110,943,819
96$210,833,970$40,477,375$24,081,040$120,955,915
97$232,180,041$42,301,773$24,728,761$131,938,175
98$255,698,404$44,210,559$25,393,173$143,987,435
99$281,610,473$46,207,708$26,074,676$157,210,319
100$310,160,245$48,297,389$26,773,681$171,724,227