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%16.4%
1 years$834,049$826,619$819,371$812,296$805,388$784,327
2 years$412,895$405,206$397,753$390,527$383,518$362,443
3 years$272,529$264,806$257,372$250,214$243,320$222,890
4 years$202,360$194,661$187,301$180,265$173,538$153,911
5 years$160,269$152,616$145,353$138,461$131,921$113,150
6 years$132,218$124,623$117,467$110,728$104,384$86,489
7 years$112,190$104,658$97,616$91,036$84,892$67,873
8 years$97,175$89,711$82,786$76,368$70,426$54,275
9 years$85,503$78,110$71,303$65,048$59,309$44,012
10 years$76,171$68,850$62,164$56,072$50,534$36,072
11 years$68,540$61,293$54,728$48,800$43,461$29,812
12 years$62,186$55,013$48,570$42,804$37,663$24,801
13 years$56,814$49,716$43,394$37,789$32,843$20,744
14 years$52,213$45,190$38,990$33,545$28,790$17,425
15 years$48,229$41,282$35,202$29,917$25,349$14,690
16 years$44,747$37,876$31,916$26,787$22,403$12,420
17 years$41,677$34,882$29,042$24,068$19,864$10,527
18 years$38,952$32,233$26,512$21,690$17,662$8,941
19 years$36,516$29,873$24,270$19,599$15,743$7,607
20 years$34,327$27,759$22,274$17,750$14,062$6,481
21 years$32,348$25,857$20,488$16,110$12,584$5,528
22 years$30,552$24,136$18,883$14,647$11,280$4,721
23 years$28,915$22,574$17,435$13,340$10,125$4,035
24 years$27,416$21,151$16,124$12,167$9,101$3,451
25 years$26,039$19,849$14,934$11,111$8,189$2,954
26 years$24,771$18,655$13,851$10,159$7,377$2,529
27 years$23,598$17,556$12,862$9,299$6,651$2,167
28 years$22,511$16,543$11,957$8,520$6,001$1,857
29 years$21,500$15,607$11,127$7,813$5,419$1,592
30 years$20,559$14,739$10,364$7,170$4,896$1,366
31 years$19,680$13,933$9,662$6,586$4,427$1,171
32 years$18,858$13,183$9,015$6,052$4,004$1,005
33 years$18,088$12,485$8,417$5,566$3,624$863
34 years$17,364$11,833$7,865$5,121$3,281$740
35 years$16,683$11,223$7,353$4,714$2,972$636
36 years$16,041$10,653$6,878$4,341$2,692$546
37 years$15,436$10,117$6,438$4,000$2,440$468
38 years$14,863$9,615$6,029$3,687$2,212$402
39 years$14,322$9,143$5,649$3,400$2,006$345
40 years$13,808$8,699$5,294$3,136$1,820$297
41 years$13,321$8,281$4,964$2,893$1,651$255
42 years$12,859$7,886$4,657$2,670$1,498$219
43 years$12,419$7,514$4,370$2,465$1,360$188
44 years$12,000$7,162$4,102$2,276$1,234$161
45 years$11,601$6,830$3,851$2,102$1,120$139
46 years$11,221$6,515$3,617$1,941$1,017$119
47 years$10,858$6,218$3,398$1,794$924$102
48 years$10,511$5,936$3,194$1,657$839$88
49 years$10,179$5,668$3,002$1,532$762$75
50 years$9,861$5,415$2,822$1,416$692$65

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 $6,432 every year, while hoping to spend $55,089 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: 63/19/18 Blend
66$10,100,000$10,100,000$10,100,000$10,100,000
67$11,136,835$10,601,535$10,444,985$11,787,403
68$12,214,177$11,062,396$10,736,277$12,686,596
69$13,399,563$11,543,992$11,035,482$13,661,357
70$14,703,953$12,047,283$11,342,806$14,724,577
71$16,139,427$12,573,270$11,658,460$15,884,881
72$17,719,292$13,123,004$11,982,662$17,151,758
73$19,458,214$13,697,585$12,315,635$18,535,651
74$21,372,350$14,298,165$12,657,607$20,048,049
75$23,479,503$14,925,948$13,008,810$21,701,596
76$25,799,292$15,582,200$13,369,485$23,510,210
77$28,353,333$16,268,241$13,739,876$25,489,205
78$31,165,446$16,985,457$14,120,235$27,655,443
79$34,261,876$17,735,300$14,510,818$30,027,483
80$37,671,545$18,519,287$14,911,888$32,625,754
81$41,426,322$19,339,011$15,323,715$35,472,750
82$45,561,323$20,196,139$15,746,575$38,593,234
83$50,115,243$21,092,415$16,180,751$42,014,472
84$55,130,723$22,029,669$16,626,532$45,766,487
85$60,654,750$23,009,815$17,084,214$49,882,334
86$66,739,099$24,034,861$17,554,100$54,398,418
87$73,440,825$25,106,907$18,036,500$59,354,826
88$80,822,799$26,228,155$18,531,732$64,795,704
89$88,954,301$27,400,912$19,040,122$70,769,672
90$97,911,675$28,627,591$19,562,001$77,330,275
91$107,779,048$29,910,726$20,097,710$84,536,487
92$118,649,126$31,252,965$20,647,598$92,453,265
93$130,624,064$32,657,088$21,212,020$101,152,150
94$143,816,437$34,126,004$21,791,341$110,711,947
95$158,350,297$35,662,762$22,385,934$121,219,457
96$174,362,345$37,270,554$22,996,181$132,770,294
97$192,003,221$38,952,729$23,622,470$145,469,782
98$211,438,929$40,712,792$24,265,202$159,433,943
99$232,852,397$42,554,416$24,924,784$174,790,586
100$256,445,210$44,481,451$25,601,632$191,680,508