Can I retire at age 67 with 10,200,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%12%
1 years$842,306$834,804$827,484$820,339$813,362$806,547
2 years$416,983$409,217$401,691$394,394$387,315$380,447
3 years$275,228$267,428$259,921$252,692$245,729$239,019
4 years$204,364$196,588$189,156$182,050$175,256$168,757
5 years$161,856$154,127$146,793$139,832$133,227$126,958
6 years$133,527$125,857$118,630$111,825$105,418$99,387
7 years$113,300$105,694$98,582$91,937$85,733$79,943
8 years$98,137$90,599$83,606$77,124$71,124$65,575
9 years$86,349$78,883$72,009$65,692$59,896$54,586
10 years$76,925$69,532$62,779$56,628$51,035$45,960
11 years$69,219$61,900$55,270$49,283$43,892$39,049
12 years$62,802$55,558$49,051$43,228$38,036$33,421
13 years$57,377$50,208$43,824$38,164$33,168$28,775
14 years$52,730$45,638$39,376$33,877$29,075$24,899
15 years$48,707$41,691$35,551$30,213$25,600$21,635
16 years$45,190$38,251$32,232$27,052$22,625$18,865
17 years$42,090$35,227$29,330$24,306$20,061$16,499
18 years$39,337$32,552$26,775$21,905$17,837$14,467
19 years$36,878$30,169$24,511$19,793$15,899$12,714
20 years$34,667$28,034$22,495$17,926$14,201$11,194
21 years$32,669$26,113$20,691$16,269$12,708$9,872
22 years$30,855$24,375$19,070$14,792$11,391$8,719
23 years$29,201$22,798$17,608$13,472$10,225$7,711
24 years$27,688$21,360$16,284$12,287$9,191$6,826
25 years$26,297$20,045$15,082$11,221$8,270$6,049
26 years$25,016$18,839$13,988$10,260$7,450$5,365
27 years$23,831$17,730$12,989$9,391$6,716$4,762
28 years$22,734$16,707$12,075$8,604$6,060$4,229
29 years$21,713$15,761$11,237$7,890$5,472$3,759
30 years$20,763$14,885$10,467$7,241$4,945$3,342
31 years$19,875$14,071$9,758$6,651$4,470$2,973
32 years$19,045$13,314$9,104$6,112$4,044$2,646
33 years$18,267$12,609$8,501$5,621$3,660$2,355
34 years$17,536$11,950$7,943$5,172$3,313$2,098
35 years$16,848$11,334$7,426$4,761$3,001$1,868
36 years$16,200$10,758$6,947$4,384$2,719$1,665
37 years$15,588$10,218$6,502$4,040$2,464$1,484
38 years$15,010$9,710$6,089$3,723$2,234$1,323
39 years$14,463$9,234$5,704$3,433$2,026$1,179
40 years$13,945$8,785$5,347$3,167$1,838$1,051
41 years$13,453$8,363$5,014$2,922$1,667$938
42 years$12,986$7,964$4,703$2,696$1,513$836
43 years$12,542$7,588$4,413$2,489$1,373$746
44 years$12,119$7,233$4,142$2,298$1,246$666
45 years$11,716$6,898$3,890$2,122$1,131$594
46 years$11,332$6,580$3,653$1,961$1,027$530
47 years$10,965$6,279$3,432$1,811$933$473
48 years$10,615$5,994$3,225$1,674$847$422
49 years$10,279$5,724$3,032$1,547$769$377
50 years$9,959$5,468$2,850$1,430$699$336

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $10,200,000, adding $6,243 every year, while hoping to spend $32,105 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: 74/13/13 Blend
66$10,200,000$10,200,000$10,200,000$10,200,000
67$11,246,840$10,706,240$10,548,140$12,048,223
68$12,359,858$11,196,686$10,867,343$13,069,135
69$13,585,328$11,710,088$11,196,163$14,182,766
70$14,934,686$12,247,537$11,534,889$15,402,037
71$16,420,534$12,810,176$11,883,818$16,737,423
72$18,056,757$13,399,203$12,243,255$18,200,449
73$19,858,657$14,015,875$12,613,514$19,803,809
74$21,843,094$14,661,507$12,994,921$21,561,475
75$24,028,647$15,337,479$13,387,809$23,488,831
76$26,435,790$16,045,236$13,792,522$25,602,815
77$29,087,083$16,786,295$14,209,413$27,922,080
78$32,007,385$17,562,243$14,638,848$30,467,163
79$35,224,090$18,374,745$15,081,202$33,260,682
80$38,767,386$19,225,546$15,536,861$36,327,543
81$42,670,537$20,116,476$16,006,223$39,695,177
82$46,970,200$21,049,450$16,489,699$43,393,791
83$51,706,766$22,026,480$16,987,710$47,456,657
84$56,924,749$23,049,670$17,500,691$51,920,420
85$62,673,199$24,121,229$18,029,090$56,825,440
86$69,006,167$25,243,472$18,573,366$62,216,173
87$75,983,218$26,418,824$19,133,996$68,141,586
88$83,669,989$27,649,828$19,711,467$74,655,619
89$92,138,809$28,939,151$20,306,283$81,817,687
90$101,469,385$30,289,587$20,918,961$89,693,238
91$111,749,551$31,704,065$21,550,034$98,354,371
92$123,076,098$33,185,657$22,200,053$107,880,511
93$135,555,687$34,737,582$22,869,583$118,359,153
94$149,305,859$36,363,215$23,559,205$129,886,686
95$164,456,138$38,066,094$24,269,520$142,569,299
96$181,149,259$39,849,928$25,001,144$156,523,978
97$199,542,514$41,718,605$25,754,713$171,879,609
98$219,809,237$43,676,203$26,530,882$188,778,183
99$242,140,437$45,726,994$27,330,324$207,376,141
100$266,746,605$47,875,460$28,153,733$227,845,837