Can I retire at age 65 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%14%
1 years$842,306$834,804$827,484$820,339$813,362$799,888
2 years$416,983$409,217$401,691$394,394$387,315$373,779
3 years$275,228$267,428$259,921$252,692$245,729$232,553
4 years$204,364$196,588$189,156$182,050$175,256$162,541
5 years$161,856$154,127$146,793$139,832$133,227$121,010
6 years$133,527$125,857$118,630$111,825$105,418$93,713
7 years$113,300$105,694$98,582$91,937$85,733$74,543
8 years$98,137$90,599$83,606$77,124$71,124$60,448
9 years$86,349$78,883$72,009$65,692$59,896$49,728
10 years$76,925$69,532$62,779$56,628$51,035$41,365
11 years$69,219$61,900$55,270$49,283$43,892$34,711
12 years$62,802$55,558$49,051$43,228$38,036$29,331
13 years$57,377$50,208$43,824$38,164$33,168$24,927
14 years$52,730$45,638$39,376$33,877$29,075$21,284
15 years$48,707$41,691$35,551$30,213$25,600$18,245
16 years$45,190$38,251$32,232$27,052$22,625$15,690
17 years$42,090$35,227$29,330$24,306$20,061$13,530
18 years$39,337$32,552$26,775$21,905$17,837$11,695
19 years$36,878$30,169$24,511$19,793$15,899$10,129
20 years$34,667$28,034$22,495$17,926$14,201$8,788
21 years$32,669$26,113$20,691$16,269$12,708$7,635
22 years$30,855$24,375$19,070$14,792$11,391$6,642
23 years$29,201$22,798$17,608$13,472$10,225$5,784
24 years$27,688$21,360$16,284$12,287$9,191$5,042
25 years$26,297$20,045$15,082$11,221$8,270$4,398
26 years$25,016$18,839$13,988$10,260$7,450$3,839
27 years$23,831$17,730$12,989$9,391$6,716$3,354
28 years$22,734$16,707$12,075$8,604$6,060$2,931
29 years$21,713$15,761$11,237$7,890$5,472$2,563
30 years$20,763$14,885$10,467$7,241$4,945$2,242
31 years$19,875$14,071$9,758$6,651$4,470$1,962
32 years$19,045$13,314$9,104$6,112$4,044$1,717
33 years$18,267$12,609$8,501$5,621$3,660$1,503
34 years$17,536$11,950$7,943$5,172$3,313$1,317
35 years$16,848$11,334$7,426$4,761$3,001$1,153
36 years$16,200$10,758$6,947$4,384$2,719$1,010
37 years$15,588$10,218$6,502$4,040$2,464$885
38 years$15,010$9,710$6,089$3,723$2,234$776
39 years$14,463$9,234$5,704$3,433$2,026$680
40 years$13,945$8,785$5,347$3,167$1,838$596
41 years$13,453$8,363$5,014$2,922$1,667$522
42 years$12,986$7,964$4,703$2,696$1,513$458
43 years$12,542$7,588$4,413$2,489$1,373$402
44 years$12,119$7,233$4,142$2,298$1,246$352
45 years$11,716$6,898$3,890$2,122$1,131$309
46 years$11,332$6,580$3,653$1,961$1,027$271
47 years$10,965$6,279$3,432$1,811$933$237
48 years$10,615$5,994$3,225$1,674$847$208
49 years$10,279$5,724$3,032$1,547$769$183
50 years$9,959$5,468$2,850$1,430$699$160

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $10,200,000, adding $4,293 every year, while hoping to spend $49,005 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$10,200,000$10,200,000$10,200,000$10,200,000
65$11,244,828$10,704,228$10,546,128$11,908,213
66$12,339,660$11,176,594$10,847,283$12,825,368
67$13,544,522$11,670,464$11,156,883$13,819,650
68$14,870,585$12,186,839$11,475,161$14,903,300
69$16,330,160$12,726,769$11,802,354$16,084,945
70$17,936,809$13,291,353$12,138,705$17,374,070
71$19,705,476$13,881,743$12,484,465$18,781,109
72$21,652,630$14,499,143$12,839,889$20,317,534
73$23,796,414$15,144,818$13,205,242$21,995,964
74$26,156,825$15,820,090$13,580,794$23,830,282
75$28,755,892$16,526,345$13,966,821$25,835,760
76$31,617,892$17,265,036$14,363,610$28,029,201
77$34,769,578$18,037,683$14,771,451$30,429,093
78$38,240,424$18,845,879$15,190,644$33,055,781
79$42,062,914$19,691,294$15,621,498$35,931,654
80$46,272,841$20,575,676$16,064,327$39,081,352
81$50,909,644$21,500,858$16,519,455$42,531,994
82$56,016,785$22,468,758$16,987,215$46,313,433
83$61,642,158$23,481,387$17,467,947$50,458,526
84$67,838,536$24,540,853$17,962,001$55,003,446
85$74,664,074$25,649,362$18,469,735$59,988,013
86$82,182,856$26,809,227$18,991,518$65,456,069
87$90,465,499$28,022,872$19,527,726$71,455,881
88$99,589,822$29,292,835$20,078,747$78,040,596
89$109,641,577$30,621,776$20,644,978$85,268,732
90$120,715,259$32,012,484$21,226,825$93,204,727
91$132,914,999$33,467,880$21,824,707$101,919,537
92$146,355,546$34,991,023$22,439,052$111,491,303
93$161,163,350$36,585,122$23,070,299$122,006,078
94$177,477,756$38,253,536$23,718,898$133,558,631
95$195,452,317$39,999,790$24,385,311$146,253,335
96$215,256,246$41,827,572$25,070,012$160,205,145
97$237,076,011$43,740,751$25,773,485$175,540,672
98$261,117,096$45,743,380$26,496,229$192,399,367
99$287,605,941$47,839,707$27,238,754$210,934,833
100$316,792,078$50,034,183$28,001,583$231,316,259