Can I retire at age 80 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%16.5%
1 years$834,049$826,619$819,371$812,296$805,388$784,010
2 years$412,895$405,206$397,753$390,527$383,518$362,129
3 years$272,529$264,806$257,372$250,214$243,320$222,589
4 years$202,360$194,661$187,301$180,265$173,538$153,625
5 years$160,269$152,616$145,353$138,461$131,921$112,881
6 years$132,218$124,623$117,467$110,728$104,384$86,236
7 years$112,190$104,658$97,616$91,036$84,892$67,636
8 years$97,175$89,711$82,786$76,368$70,426$54,054
9 years$85,503$78,110$71,303$65,048$59,309$43,806
10 years$76,171$68,850$62,164$56,072$50,534$35,881
11 years$68,540$61,293$54,728$48,800$43,461$29,635
12 years$62,186$55,013$48,570$42,804$37,663$24,638
13 years$56,814$49,716$43,394$37,789$32,843$20,593
14 years$52,213$45,190$38,990$33,545$28,790$17,287
15 years$48,229$41,282$35,202$29,917$25,349$14,563
16 years$44,747$37,876$31,916$26,787$22,403$12,304
17 years$41,677$34,882$29,042$24,068$19,864$10,421
18 years$38,952$32,233$26,512$21,690$17,662$8,844
19 years$36,516$29,873$24,270$19,599$15,743$7,519
20 years$34,327$27,759$22,274$17,750$14,062$6,401
21 years$32,348$25,857$20,488$16,110$12,584$5,456
22 years$30,552$24,136$18,883$14,647$11,280$4,656
23 years$28,915$22,574$17,435$13,340$10,125$3,976
24 years$27,416$21,151$16,124$12,167$9,101$3,398
25 years$26,039$19,849$14,934$11,111$8,189$2,906
26 years$24,771$18,655$13,851$10,159$7,377$2,487
27 years$23,598$17,556$12,862$9,299$6,651$2,129
28 years$22,511$16,543$11,957$8,520$6,001$1,823
29 years$21,500$15,607$11,127$7,813$5,419$1,562
30 years$20,559$14,739$10,364$7,170$4,896$1,338
31 years$19,680$13,933$9,662$6,586$4,427$1,147
32 years$18,858$13,183$9,015$6,052$4,004$983
33 years$18,088$12,485$8,417$5,566$3,624$843
34 years$17,364$11,833$7,865$5,121$3,281$723
35 years$16,683$11,223$7,353$4,714$2,972$620
36 years$16,041$10,653$6,878$4,341$2,692$532
37 years$15,436$10,117$6,438$4,000$2,440$456
38 years$14,863$9,615$6,029$3,687$2,212$392
39 years$14,322$9,143$5,649$3,400$2,006$336
40 years$13,808$8,699$5,294$3,136$1,820$288
41 years$13,321$8,281$4,964$2,893$1,651$247
42 years$12,859$7,886$4,657$2,670$1,498$212
43 years$12,419$7,514$4,370$2,465$1,360$182
44 years$12,000$7,162$4,102$2,276$1,234$156
45 years$11,601$6,830$3,851$2,102$1,120$134
46 years$11,221$6,515$3,617$1,941$1,017$115
47 years$10,858$6,218$3,398$1,794$924$99
48 years$10,511$5,936$3,194$1,657$839$85
49 years$10,179$5,668$3,002$1,532$762$73
50 years$9,861$5,415$2,822$1,416$692$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $10,100,000, adding $2,363 every year, while hoping to spend $34,360 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: 62/19/19 Blend
79$10,100,000$10,100,000$10,100,000$10,100,000
80$11,132,637$10,597,337$10,440,787$11,768,431
81$12,231,608$11,080,048$10,753,995$12,680,081
82$13,441,521$11,585,260$11,076,543$13,670,865
83$14,773,658$12,114,040$11,408,709$14,751,744
84$16,240,448$12,667,504$11,750,778$15,931,492
85$17,855,586$13,246,824$12,103,041$17,219,755
86$19,634,165$13,853,228$12,465,802$18,627,150
87$21,592,814$14,488,000$12,839,370$20,165,355
88$23,749,857$15,152,489$13,224,066$21,847,224
89$26,125,489$15,848,107$13,620,219$23,686,897
90$28,741,959$16,576,334$14,028,166$25,699,940
91$31,623,787$17,338,723$14,448,258$27,903,483
92$34,797,991$18,136,897$14,880,852$30,316,381
93$38,294,343$18,972,563$15,326,318$32,959,387
94$42,145,653$19,847,506$15,785,037$35,855,349
95$46,388,073$20,763,597$16,257,399$39,029,417
96$51,061,442$21,722,799$16,743,807$42,509,283
97$56,209,661$22,727,168$17,244,677$46,325,430
98$61,881,107$23,778,859$17,760,434$50,511,428
99$68,129,089$24,880,133$18,291,517$55,104,234
100$75,012,353$26,033,356$18,838,380$60,144,548