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%13.8%
1 years$842,306$834,804$827,484$820,339$813,362$800,547
2 years$416,983$409,217$401,691$394,394$387,315$374,437
3 years$275,228$267,428$259,921$252,692$245,729$233,189
4 years$204,364$196,588$189,156$182,050$175,256$163,150
5 years$161,856$154,127$146,793$139,832$133,227$121,591
6 years$133,527$125,857$118,630$111,825$105,418$94,265
7 years$113,300$105,694$98,582$91,937$85,733$75,067
8 years$98,137$90,599$83,606$77,124$71,124$60,942
9 years$86,349$78,883$72,009$65,692$59,896$50,194
10 years$76,925$69,532$62,779$56,628$51,035$41,804
11 years$69,219$61,900$55,270$49,283$43,892$35,123
12 years$62,802$55,558$49,051$43,228$38,036$29,718
13 years$57,377$50,208$43,824$38,164$33,168$25,289
14 years$52,730$45,638$39,376$33,877$29,075$21,622
15 years$48,707$41,691$35,551$30,213$25,600$18,560
16 years$45,190$38,251$32,232$27,052$22,625$15,984
17 years$42,090$35,227$29,330$24,306$20,061$13,803
18 years$39,337$32,552$26,775$21,905$17,837$11,948
19 years$36,878$30,169$24,511$19,793$15,899$10,363
20 years$34,667$28,034$22,495$17,926$14,201$9,004
21 years$32,669$26,113$20,691$16,269$12,708$7,835
22 years$30,855$24,375$19,070$14,792$11,391$6,826
23 years$29,201$22,798$17,608$13,472$10,225$5,954
24 years$27,688$21,360$16,284$12,287$9,191$5,198
25 years$26,297$20,045$15,082$11,221$8,270$4,542
26 years$25,016$18,839$13,988$10,260$7,450$3,971
27 years$23,831$17,730$12,989$9,391$6,716$3,474
28 years$22,734$16,707$12,075$8,604$6,060$3,041
29 years$21,713$15,761$11,237$7,890$5,472$2,664
30 years$20,763$14,885$10,467$7,241$4,945$2,334
31 years$19,875$14,071$9,758$6,651$4,470$2,046
32 years$19,045$13,314$9,104$6,112$4,044$1,794
33 years$18,267$12,609$8,501$5,621$3,660$1,573
34 years$17,536$11,950$7,943$5,172$3,313$1,380
35 years$16,848$11,334$7,426$4,761$3,001$1,211
36 years$16,200$10,758$6,947$4,384$2,719$1,062
37 years$15,588$10,218$6,502$4,040$2,464$933
38 years$15,010$9,710$6,089$3,723$2,234$819
39 years$14,463$9,234$5,704$3,433$2,026$719
40 years$13,945$8,785$5,347$3,167$1,838$631
41 years$13,453$8,363$5,014$2,922$1,667$554
42 years$12,986$7,964$4,703$2,696$1,513$487
43 years$12,542$7,588$4,413$2,489$1,373$427
44 years$12,119$7,233$4,142$2,298$1,246$375
45 years$11,716$6,898$3,890$2,122$1,131$330
46 years$11,332$6,580$3,653$1,961$1,027$290
47 years$10,965$6,279$3,432$1,811$933$254
48 years$10,615$5,994$3,225$1,674$847$224
49 years$10,279$5,724$3,032$1,547$769$196
50 years$9,959$5,468$2,850$1,430$699$173

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 $6,596 every year, while hoping to spend $26,444 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: 43/46/11 Blend
64$10,200,000$10,200,000$10,200,000$10,200,000
65$11,247,204$10,706,604$10,548,504$11,694,694
66$12,366,282$11,203,091$10,873,742$12,503,979
67$13,598,621$11,723,020$11,208,990$13,376,997
68$14,955,743$12,267,511$11,554,555$14,322,171
69$16,450,349$12,837,740$11,910,753$15,346,124
70$18,096,433$13,434,937$12,277,910$16,456,116
71$19,909,413$14,060,393$12,656,365$17,660,118
72$21,906,282$14,715,461$13,046,462$18,966,872
73$24,105,765$15,401,560$13,448,560$20,385,976
74$26,528,493$16,120,177$13,863,028$21,927,968
75$29,197,204$16,872,871$14,290,244$23,604,415
76$32,136,952$17,661,274$14,730,600$25,428,025
77$35,375,346$18,487,101$15,184,499$27,412,751
78$38,942,809$19,352,147$15,652,358$29,573,924
79$42,872,867$20,258,294$16,134,604$31,928,388
80$47,202,465$21,207,516$16,631,678$34,494,651
81$51,972,314$22,201,882$17,144,037$37,293,056
82$57,227,276$23,243,560$17,672,148$40,345,961
83$63,016,788$24,334,825$18,216,496$43,677,945
84$69,395,329$25,478,060$18,777,577$47,316,029
85$76,422,933$26,675,764$19,355,905$51,289,925
86$84,165,754$27,930,559$19,952,010$55,632,307
87$92,696,695$29,245,191$20,566,437$60,379,108
88$102,096,092$30,622,539$21,199,747$65,569,849
89$112,452,474$32,065,624$21,852,519$71,248,003
90$123,863,398$33,577,612$22,525,350$77,461,396
91$136,436,371$35,161,821$23,218,856$84,262,641
92$150,289,863$36,821,732$23,933,669$91,709,629
93$165,554,426$38,560,994$24,670,444$99,866,057
94$182,373,926$40,383,432$25,429,853$108,802,022
95$200,906,904$42,293,057$26,212,590$118,594,663
96$221,328,066$44,294,075$27,019,370$129,328,878
97$243,829,940$46,390,896$27,850,930$141,098,109
98$268,624,687$48,588,143$28,708,030$154,005,209
99$295,946,108$50,890,664$29,591,451$168,163,395
100$326,051,846$53,303,542$30,502,000$183,697,299