Can I retire at age 80 with 10,100,000?

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 $10,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$834,049$826,619$819,371$812,296$805,388$778,672
2 years$412,895$405,206$397,753$390,527$383,518$356,862
3 years$272,529$264,806$257,372$250,214$243,320$217,560
4 years$202,360$194,661$187,301$180,265$173,538$148,871
5 years$160,269$152,616$145,353$138,461$131,921$108,413
6 years$132,218$124,623$117,467$110,728$104,384$82,055
7 years$112,190$104,658$97,616$91,036$84,892$63,738
8 years$97,175$89,711$82,786$76,368$70,426$50,431
9 years$85,503$78,110$71,303$65,048$59,309$40,450
10 years$76,171$68,850$62,164$56,072$50,534$32,781
11 years$68,540$61,293$54,728$48,800$43,461$26,779
12 years$62,186$55,013$48,570$42,804$37,663$22,016
13 years$56,814$49,716$43,394$37,789$32,843$18,191
14 years$52,213$45,190$38,990$33,545$28,790$15,091
15 years$48,229$41,282$35,202$29,917$25,349$12,562
16 years$44,747$37,876$31,916$26,787$22,403$10,484
17 years$41,677$34,882$29,042$24,068$19,864$8,770
18 years$38,952$32,233$26,512$21,690$17,662$7,350
19 years$36,516$29,873$24,270$19,599$15,743$6,169
20 years$34,327$27,759$22,274$17,750$14,062$5,184
21 years$32,348$25,857$20,488$16,110$12,584$4,361
22 years$30,552$24,136$18,883$14,647$11,280$3,672
23 years$28,915$22,574$17,435$13,340$10,125$3,095
24 years$27,416$21,151$16,124$12,167$9,101$2,609
25 years$26,039$19,849$14,934$11,111$8,189$2,201
26 years$24,771$18,655$13,851$10,159$7,377$1,858
27 years$23,598$17,556$12,862$9,299$6,651$1,569
28 years$22,511$16,543$11,957$8,520$6,001$1,325
29 years$21,500$15,607$11,127$7,813$5,419$1,119
30 years$20,559$14,739$10,364$7,170$4,896$946
31 years$19,680$13,933$9,662$6,586$4,427$799
32 years$18,858$13,183$9,015$6,052$4,004$676
33 years$18,088$12,485$8,417$5,566$3,624$571
34 years$17,364$11,833$7,865$5,121$3,281$483
35 years$16,683$11,223$7,353$4,714$2,972$408
36 years$16,041$10,653$6,878$4,341$2,692$345
37 years$15,436$10,117$6,438$4,000$2,440$292
38 years$14,863$9,615$6,029$3,687$2,212$247
39 years$14,322$9,143$5,649$3,400$2,006$209
40 years$13,808$8,699$5,294$3,136$1,820$177
41 years$13,321$8,281$4,964$2,893$1,651$149
42 years$12,859$7,886$4,657$2,670$1,498$126
43 years$12,419$7,514$4,370$2,465$1,360$107
44 years$12,000$7,162$4,102$2,276$1,234$90
45 years$11,601$6,830$3,851$2,102$1,120$77
46 years$11,221$6,515$3,617$1,941$1,017$65
47 years$10,858$6,218$3,398$1,794$924$55
48 years$10,511$5,936$3,194$1,657$839$46
49 years$10,179$5,668$3,002$1,532$762$39
50 years$9,861$5,415$2,822$1,416$692$33

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 $4,644 every year, while hoping to spend $23,399 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: 44/40/16 Blend
79$10,100,000$10,100,000$10,100,000$10,100,000
80$11,134,990$10,599,690$10,443,140$11,573,307
81$12,245,863$11,094,179$10,768,089$12,375,241
82$13,469,260$11,612,113$11,103,140$13,241,226
83$14,816,635$12,154,617$11,448,605$14,179,359
84$16,300,608$12,722,869$11,804,809$15,196,306
85$17,935,086$13,318,105$12,172,086$16,299,386
86$19,735,392$13,941,620$12,550,778$17,496,628
87$21,718,414$14,594,771$12,941,241$18,796,848
88$23,902,759$15,278,982$13,343,840$20,209,728
89$26,308,933$15,995,745$13,758,951$21,745,899
90$28,959,532$16,746,624$14,186,964$23,417,036
91$31,879,455$17,533,259$14,628,278$25,235,969
92$35,096,141$18,357,371$15,083,307$27,216,791
93$38,639,826$19,220,760$15,552,476$29,374,990
94$42,543,829$20,125,318$16,036,225$31,727,587
95$46,844,866$21,073,025$16,535,005$34,293,293
96$51,583,399$22,065,960$17,049,284$37,092,674
97$56,804,013$23,106,300$17,579,543$40,148,342
98$62,555,842$24,196,328$18,126,277$43,485,163
99$68,893,028$25,338,438$18,689,998$47,130,477
100$75,875,237$26,535,142$19,271,233$51,114,356