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%11.1%
1 years$842,306$834,804$827,484$820,339$813,362$809,595
2 years$416,983$409,217$401,691$394,394$387,315$383,512
3 years$275,228$267,428$259,921$252,692$245,729$242,008
4 years$204,364$196,588$189,156$182,050$175,256$171,646
5 years$161,856$154,127$146,793$139,832$133,227$129,739
6 years$133,527$125,857$118,630$111,825$105,418$102,056
7 years$113,300$105,694$98,582$91,937$85,733$82,499
8 years$98,137$90,599$83,606$77,124$71,124$68,018
9 years$86,349$78,883$72,009$65,692$59,896$56,918
10 years$76,925$69,532$62,779$56,628$51,035$48,182
11 years$69,219$61,900$55,270$49,283$43,892$41,163
12 years$62,802$55,558$49,051$43,228$38,036$35,429
13 years$57,377$50,208$43,824$38,164$33,168$30,681
14 years$52,730$45,638$39,376$33,877$29,075$26,705
15 years$48,707$41,691$35,551$30,213$25,600$23,344
16 years$45,190$38,251$32,232$27,052$22,625$20,480
17 years$42,090$35,227$29,330$24,306$20,061$18,023
18 years$39,337$32,552$26,775$21,905$17,837$15,904
19 years$36,878$30,169$24,511$19,793$15,899$14,066
20 years$34,667$28,034$22,495$17,926$14,201$12,466
21 years$32,669$26,113$20,691$16,269$12,708$11,067
22 years$30,855$24,375$19,070$14,792$11,391$9,840
23 years$29,201$22,798$17,608$13,472$10,225$8,761
24 years$27,688$21,360$16,284$12,287$9,191$7,810
25 years$26,297$20,045$15,082$11,221$8,270$6,969
26 years$25,016$18,839$13,988$10,260$7,450$6,225
27 years$23,831$17,730$12,989$9,391$6,716$5,564
28 years$22,734$16,707$12,075$8,604$6,060$4,977
29 years$21,713$15,761$11,237$7,890$5,472$4,456
30 years$20,763$14,885$10,467$7,241$4,945$3,991
31 years$19,875$14,071$9,758$6,651$4,470$3,576
32 years$19,045$13,314$9,104$6,112$4,044$3,206
33 years$18,267$12,609$8,501$5,621$3,660$2,875
34 years$17,536$11,950$7,943$5,172$3,313$2,580
35 years$16,848$11,334$7,426$4,761$3,001$2,316
36 years$16,200$10,758$6,947$4,384$2,719$2,079
37 years$15,588$10,218$6,502$4,040$2,464$1,867
38 years$15,010$9,710$6,089$3,723$2,234$1,677
39 years$14,463$9,234$5,704$3,433$2,026$1,506
40 years$13,945$8,785$5,347$3,167$1,838$1,354
41 years$13,453$8,363$5,014$2,922$1,667$1,217
42 years$12,986$7,964$4,703$2,696$1,513$1,094
43 years$12,542$7,588$4,413$2,489$1,373$983
44 years$12,119$7,233$4,142$2,298$1,246$884
45 years$11,716$6,898$3,890$2,122$1,131$795
46 years$11,332$6,580$3,653$1,961$1,027$715
47 years$10,965$6,279$3,432$1,811$933$643
48 years$10,615$5,994$3,225$1,674$847$578
49 years$10,279$5,724$3,032$1,547$769$520
50 years$9,959$5,468$2,850$1,430$699$468

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 $4,247 every year, while hoping to spend $30,405 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: 54/22/24 Blend
66$10,200,000$10,200,000$10,200,000$10,200,000
67$11,244,781$10,704,181$10,546,081$11,777,381
68$12,359,398$11,196,335$10,867,024$12,636,568
69$13,586,687$11,711,586$11,197,699$13,567,909
70$14,938,108$12,251,032$11,538,401$14,581,191
71$16,426,290$12,815,828$11,889,433$15,684,272
72$18,065,148$13,407,180$12,251,105$16,885,788
73$19,870,015$14,026,355$12,623,740$18,195,235
74$21,857,790$14,674,679$13,007,668$19,623,058
75$24,047,090$15,353,543$13,403,230$21,180,741
76$26,458,432$16,064,406$13,810,778$22,880,917
77$29,114,425$16,808,795$14,230,672$24,737,482
78$32,039,983$17,588,312$14,663,286$26,765,725
79$35,262,558$18,404,636$15,109,002$28,982,464
80$38,812,402$19,259,526$15,568,217$31,406,207
81$42,722,851$20,154,828$16,041,337$34,057,317
82$47,030,642$21,092,474$16,528,781$36,958,205
83$51,776,253$22,074,492$17,030,982$40,133,536
84$57,004,295$23,103,005$17,548,383$43,610,455
85$62,763,923$24,180,243$18,081,444$47,418,843
86$69,109,307$25,308,538$18,630,636$51,591,591
87$76,100,138$26,490,339$19,196,445$56,164,906
88$83,802,198$27,728,211$19,779,371$61,178,649
89$92,287,973$29,024,844$20,379,931$66,676,704
90$101,637,342$30,383,057$20,998,654$72,707,388
91$111,938,331$31,805,807$21,636,089$79,323,900
92$123,287,941$33,296,192$22,292,799$86,584,821
93$135,793,066$34,857,460$22,969,362$94,554,654
94$149,571,501$36,493,018$23,666,379$103,304,431
95$164,753,054$38,206,436$24,384,462$112,912,374
96$181,480,772$40,001,458$25,124,248$123,464,630
97$199,912,288$41,882,006$25,886,387$135,056,070
98$220,221,313$43,852,197$26,671,553$147,791,183
99$242,599,276$45,916,343$27,480,439$161,785,052
100$267,257,125$48,078,967$28,313,757$177,164,428