Can I retire at age 67 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%14.7%
1 years$834,049$826,619$819,371$812,296$805,388$789,773
2 years$412,895$405,206$397,753$390,527$383,518$367,850
3 years$272,529$264,806$257,372$250,214$243,320$228,086
4 years$202,360$194,661$187,301$180,265$173,538$158,857
5 years$160,269$152,616$145,353$138,461$131,921$117,834
6 years$132,218$124,623$117,467$110,728$104,384$90,907
7 years$112,190$104,658$97,616$91,036$84,892$72,028
8 years$97,175$89,711$82,786$76,368$70,426$58,172
9 years$85,503$78,110$71,303$65,048$59,309$47,656
10 years$76,171$68,850$62,164$56,072$50,534$39,472
11 years$68,540$61,293$54,728$48,800$43,461$32,976
12 years$62,186$55,013$48,570$42,804$37,663$27,740
13 years$56,814$49,716$43,394$37,789$32,843$23,466
14 years$52,213$45,190$38,990$33,545$28,790$19,942
15 years$48,229$41,282$35,202$29,917$25,349$17,012
16 years$44,747$37,876$31,916$26,787$22,403$14,558
17 years$41,677$34,882$29,042$24,068$19,864$12,492
18 years$38,952$32,233$26,512$21,690$17,662$10,743
19 years$36,516$29,873$24,270$19,599$15,743$9,256
20 years$34,327$27,759$22,274$17,750$14,062$7,988
21 years$32,348$25,857$20,488$16,110$12,584$6,904
22 years$30,552$24,136$18,883$14,647$11,280$5,973
23 years$28,915$22,574$17,435$13,340$10,125$5,174
24 years$27,416$21,151$16,124$12,167$9,101$4,485
25 years$26,039$19,849$14,934$11,111$8,189$3,891
26 years$24,771$18,655$13,851$10,159$7,377$3,378
27 years$23,598$17,556$12,862$9,299$6,651$2,934
28 years$22,511$16,543$11,957$8,520$6,001$2,550
29 years$21,500$15,607$11,127$7,813$5,419$2,217
30 years$20,559$14,739$10,364$7,170$4,896$1,928
31 years$19,680$13,933$9,662$6,586$4,427$1,677
32 years$18,858$13,183$9,015$6,052$4,004$1,460
33 years$18,088$12,485$8,417$5,566$3,624$1,270
34 years$17,364$11,833$7,865$5,121$3,281$1,106
35 years$16,683$11,223$7,353$4,714$2,972$963
36 years$16,041$10,653$6,878$4,341$2,692$839
37 years$15,436$10,117$6,438$4,000$2,440$731
38 years$14,863$9,615$6,029$3,687$2,212$636
39 years$14,322$9,143$5,649$3,400$2,006$555
40 years$13,808$8,699$5,294$3,136$1,820$483
41 years$13,321$8,281$4,964$2,893$1,651$421
42 years$12,859$7,886$4,657$2,670$1,498$367
43 years$12,419$7,514$4,370$2,465$1,360$320
44 years$12,000$7,162$4,102$2,276$1,234$279
45 years$11,601$6,830$3,851$2,102$1,120$243
46 years$11,221$6,515$3,617$1,941$1,017$212
47 years$10,858$6,218$3,398$1,794$924$185
48 years$10,511$5,936$3,194$1,657$839$161
49 years$10,179$5,668$3,002$1,532$762$140
50 years$9,861$5,415$2,822$1,416$692$122

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $10,100,000, adding $3,219 every year, while hoping to spend $42,958 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: 40/42/18 Blend
66$10,100,000$10,100,000$10,100,000$10,100,000
67$11,133,520$10,598,220$10,441,670$11,519,260
68$12,223,433$11,071,826$10,745,759$12,268,229
69$13,423,076$11,567,199$11,058,596$13,073,577
70$14,743,598$12,085,360$11,380,427$13,943,925
71$16,197,281$12,627,379$11,711,507$14,885,205
72$17,797,660$13,194,376$12,052,099$15,903,927
73$19,559,647$13,787,527$12,402,470$17,007,230
74$21,499,676$14,408,061$12,762,898$18,202,954
75$23,635,853$15,057,266$13,133,665$19,499,698
76$25,988,132$15,736,494$13,515,065$20,906,910
77$28,578,498$16,447,159$13,907,396$22,434,957
78$31,431,178$17,190,743$14,310,967$24,095,231
79$34,572,868$17,968,799$14,726,094$25,900,243
80$38,032,986$18,782,955$15,153,103$27,863,737
81$41,843,946$19,634,915$15,592,328$30,000,814
82$46,041,470$20,526,467$16,044,112$32,328,073
83$50,664,918$21,459,483$16,508,809$34,863,755
84$55,757,666$22,435,923$16,986,780$37,627,910
85$61,367,509$23,457,845$17,478,398$40,642,582
86$67,547,116$24,527,401$17,984,046$43,932,008
87$74,354,528$25,646,849$18,504,117$47,522,840
88$81,853,700$26,818,555$19,039,015$51,444,387
89$90,115,110$28,044,997$19,589,155$55,728,885
90$99,216,423$29,328,773$20,154,963$60,411,794
91$109,243,221$30,672,606$20,736,877$65,532,117
92$120,289,814$32,079,348$21,335,347$71,132,770
93$132,460,129$33,551,990$21,950,835$77,260,965
94$145,868,690$35,093,666$22,583,816$83,968,654
95$160,641,699$36,707,658$23,234,777$91,313,005
96$176,918,229$38,397,410$23,904,218$99,356,930
97$194,851,534$40,166,529$24,592,655$108,169,671
98$214,610,497$42,018,795$25,300,616$117,827,434
99$236,381,223$43,958,172$26,028,642$128,414,101
100$260,368,798$45,988,812$26,777,292$140,022,009