Can I retire at age 65 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%14.8%
1 years$834,049$826,619$819,371$812,296$805,388$789,450
2 years$412,895$405,206$397,753$390,527$383,518$367,528
3 years$272,529$264,806$257,372$250,214$243,320$227,776
4 years$202,360$194,661$187,301$180,265$173,538$158,560
5 years$160,269$152,616$145,353$138,461$131,921$117,552
6 years$132,218$124,623$117,467$110,728$104,384$90,641
7 years$112,190$104,658$97,616$91,036$84,892$71,777
8 years$97,175$89,711$82,786$76,368$70,426$57,935
9 years$85,503$78,110$71,303$65,048$59,309$47,434
10 years$76,171$68,850$62,164$56,072$50,534$39,264
11 years$68,540$61,293$54,728$48,800$43,461$32,782
12 years$62,186$55,013$48,570$42,804$37,663$27,559
13 years$56,814$49,716$43,394$37,789$32,843$23,297
14 years$52,213$45,190$38,990$33,545$28,790$19,785
15 years$48,229$41,282$35,202$29,917$25,349$16,866
16 years$44,747$37,876$31,916$26,787$22,403$14,423
17 years$41,677$34,882$29,042$24,068$19,864$12,367
18 years$38,952$32,233$26,512$21,690$17,662$10,628
19 years$36,516$29,873$24,270$19,599$15,743$9,150
20 years$34,327$27,759$22,274$17,750$14,062$7,891
21 years$32,348$25,857$20,488$16,110$12,584$6,814
22 years$30,552$24,136$18,883$14,647$11,280$5,892
23 years$28,915$22,574$17,435$13,340$10,125$5,099
24 years$27,416$21,151$16,124$12,167$9,101$4,417
25 years$26,039$19,849$14,934$11,111$8,189$3,829
26 years$24,771$18,655$13,851$10,159$7,377$3,321
27 years$23,598$17,556$12,862$9,299$6,651$2,882
28 years$22,511$16,543$11,957$8,520$6,001$2,503
29 years$21,500$15,607$11,127$7,813$5,419$2,174
30 years$20,559$14,739$10,364$7,170$4,896$1,889
31 years$19,680$13,933$9,662$6,586$4,427$1,642
32 years$18,858$13,183$9,015$6,052$4,004$1,428
33 years$18,088$12,485$8,417$5,566$3,624$1,242
34 years$17,364$11,833$7,865$5,121$3,281$1,080
35 years$16,683$11,223$7,353$4,714$2,972$940
36 years$16,041$10,653$6,878$4,341$2,692$818
37 years$15,436$10,117$6,438$4,000$2,440$712
38 years$14,863$9,615$6,029$3,687$2,212$620
39 years$14,322$9,143$5,649$3,400$2,006$539
40 years$13,808$8,699$5,294$3,136$1,820$470
41 years$13,321$8,281$4,964$2,893$1,651$409
42 years$12,859$7,886$4,657$2,670$1,498$356
43 years$12,419$7,514$4,370$2,465$1,360$310
44 years$12,000$7,162$4,102$2,276$1,234$270
45 years$11,601$6,830$3,851$2,102$1,120$235
46 years$11,221$6,515$3,617$1,941$1,017$205
47 years$10,858$6,218$3,398$1,794$924$178
48 years$10,511$5,936$3,194$1,657$839$155
49 years$10,179$5,668$3,002$1,532$762$135
50 years$9,861$5,415$2,822$1,416$692$118

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 $2,171 every year, while hoping to spend $47,003 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: 61/30/9 Blend
64$10,100,000$10,100,000$10,100,000$10,100,000
65$11,132,439$10,597,139$10,440,589$11,789,321
66$12,217,937$11,066,388$10,740,338$12,698,744
67$13,412,581$11,557,055$11,048,553$13,685,015
68$14,727,453$12,070,140$11,365,469$14,759,974
69$16,174,766$12,606,689$11,691,325$15,932,182
70$17,767,976$13,167,801$12,026,368$17,211,054
71$19,521,910$13,754,624$12,370,852$18,606,941
72$21,452,905$14,368,361$12,725,036$20,131,230
73$23,578,965$15,010,274$13,089,188$21,796,443
74$25,919,925$15,681,683$13,463,582$23,616,356
75$28,497,644$16,383,973$13,848,499$25,606,125
76$31,336,208$17,118,592$14,244,228$27,782,425
77$34,462,158$17,887,059$14,651,065$30,163,601
78$37,904,738$18,690,965$15,069,317$32,769,843
79$41,696,177$19,531,977$15,499,293$35,623,367
80$45,871,984$20,411,841$15,941,317$38,748,624
81$50,471,291$21,332,387$16,395,716$42,172,527
82$55,537,220$22,295,530$16,862,830$45,924,696
83$61,117,286$23,303,281$17,343,004$50,037,737
84$67,263,849$24,357,742$17,836,595$54,547,543
85$74,034,609$25,461,118$18,343,968$59,493,629
86$81,493,146$26,615,720$18,865,498$64,919,497
87$89,709,525$27,823,969$19,401,570$70,873,044
88$98,760,953$29,088,400$19,952,579$77,407,005
89$108,732,510$30,411,671$20,518,930$84,579,447
90$119,717,951$31,796,568$21,101,040$92,454,309
91$131,820,591$33,246,008$21,699,333$101,102,000
92$145,154,279$34,763,051$22,314,249$110,600,055
93$159,844,476$36,350,900$22,946,236$121,033,861
94$176,029,432$38,012,915$23,595,755$132,497,455
95$193,861,500$39,752,613$24,263,279$145,094,401
96$213,508,567$41,573,685$24,949,292$158,938,762
97$235,155,640$43,479,995$25,654,293$174,156,168
98$259,006,594$45,475,594$26,378,791$190,884,990
99$285,286,096$47,564,727$27,123,309$209,277,638
100$314,241,723$49,751,844$27,888,385$229,501,989