Can I retire at age 67 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%15.3%
1 years$842,306$834,804$827,484$820,339$813,362$795,639
2 years$416,983$409,217$401,691$394,394$387,315$369,549
3 years$275,228$267,428$259,921$252,692$245,729$228,474
4 years$204,364$196,588$189,156$182,050$175,256$158,645
5 years$161,856$154,127$146,793$139,832$133,227$117,307
6 years$133,527$125,857$118,630$111,825$105,418$90,206
7 years$113,300$105,694$98,582$91,937$85,733$71,231
8 years$98,137$90,599$83,606$77,124$71,124$57,328
9 years$86,349$78,883$72,009$65,692$59,896$46,796
10 years$76,925$69,532$62,779$56,628$51,035$38,617
11 years$69,219$61,900$55,270$49,283$43,892$32,139
12 years$62,802$55,558$49,051$43,228$38,036$26,931
13 years$57,377$50,208$43,824$38,164$33,168$22,691
14 years$52,730$45,638$39,376$33,877$29,075$19,205
15 years$48,707$41,691$35,551$30,213$25,600$16,315
16 years$45,190$38,251$32,232$27,052$22,625$13,903
17 years$42,090$35,227$29,330$24,306$20,061$11,878
18 years$39,337$32,552$26,775$21,905$17,837$10,170
19 years$36,878$30,169$24,511$19,793$15,899$8,724
20 years$34,667$28,034$22,495$17,926$14,201$7,495
21 years$32,669$26,113$20,691$16,269$12,708$6,448
22 years$30,855$24,375$19,070$14,792$11,391$5,553
23 years$29,201$22,798$17,608$13,472$10,225$4,787
24 years$27,688$21,360$16,284$12,287$9,191$4,130
25 years$26,297$20,045$15,082$11,221$8,270$3,566
26 years$25,016$18,839$13,988$10,260$7,450$3,081
27 years$23,831$17,730$12,989$9,391$6,716$2,663
28 years$22,734$16,707$12,075$8,604$6,060$2,303
29 years$21,713$15,761$11,237$7,890$5,472$1,993
30 years$20,763$14,885$10,467$7,241$4,945$1,724
31 years$19,875$14,071$9,758$6,651$4,470$1,493
32 years$19,045$13,314$9,104$6,112$4,044$1,293
33 years$18,267$12,609$8,501$5,621$3,660$1,119
34 years$17,536$11,950$7,943$5,172$3,313$970
35 years$16,848$11,334$7,426$4,761$3,001$840
36 years$16,200$10,758$6,947$4,384$2,719$728
37 years$15,588$10,218$6,502$4,040$2,464$631
38 years$15,010$9,710$6,089$3,723$2,234$547
39 years$14,463$9,234$5,704$3,433$2,026$474
40 years$13,945$8,785$5,347$3,167$1,838$411
41 years$13,453$8,363$5,014$2,922$1,667$356
42 years$12,986$7,964$4,703$2,696$1,513$309
43 years$12,542$7,588$4,413$2,489$1,373$268
44 years$12,119$7,233$4,142$2,298$1,246$232
45 years$11,716$6,898$3,890$2,122$1,131$201
46 years$11,332$6,580$3,653$1,961$1,027$175
47 years$10,965$6,279$3,432$1,811$933$151
48 years$10,615$5,994$3,225$1,674$847$131
49 years$10,279$5,724$3,032$1,547$769$114
50 years$9,959$5,468$2,850$1,430$699$99

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 $5,052 every year, while hoping to spend $22,708 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: 62/20/18 Blend
66$10,200,000$10,200,000$10,200,000$10,200,000
67$11,245,611$10,705,011$10,546,911$11,890,993
68$12,368,502$11,205,396$10,876,072$12,826,734
69$13,605,167$11,729,538$11,215,498$13,844,841
70$14,967,187$12,278,578$11,565,510$14,955,791
71$16,467,323$12,853,711$11,926,437$16,168,614
72$18,119,638$13,456,191$12,298,620$17,493,245
73$19,939,627$14,087,330$12,682,410$18,940,612
74$21,944,366$14,748,507$13,078,168$20,522,738
75$24,152,672$15,441,164$13,486,268$22,252,852
76$26,585,280$16,166,816$13,907,093$24,145,509
77$29,265,038$16,927,050$14,341,040$26,216,729
78$32,217,125$17,723,528$14,788,518$28,484,138
79$35,469,288$18,557,997$15,249,949$30,967,139
80$39,052,100$19,432,284$15,725,768$33,687,086
81$42,999,255$20,348,307$16,216,422$36,667,486
82$47,347,881$21,308,076$16,722,374$39,934,213
83$52,138,892$22,313,698$17,244,100$43,515,753
84$57,417,374$23,367,385$17,782,093$47,443,465
85$63,233,012$24,471,452$18,336,858$51,751,876
86$69,640,554$25,628,328$18,908,918$56,479,000
87$76,700,336$26,840,562$19,498,813$61,666,696
88$84,478,844$28,110,823$20,107,096$67,361,052
89$93,049,345$29,441,912$20,734,342$73,612,821
90$102,492,577$30,836,764$21,381,142$80,477,895
91$112,897,512$32,298,459$22,048,103$88,017,820
92$124,362,198$33,830,223$22,735,854$96,300,381
93$136,994,680$35,435,441$23,445,042$105,400,230
94$150,914,023$37,117,663$24,176,336$115,399,585
95$166,251,433$38,880,609$24,930,424$126,389,001
96$183,151,502$40,728,181$25,708,015$138,468,219
97$201,773,563$42,664,470$26,509,842$151,747,097
98$222,293,204$44,693,767$27,336,660$166,346,644
99$244,903,919$46,820,569$28,189,245$182,400,151
100$269,818,936$49,049,594$29,068,402$200,054,443