Can I retire at age 53 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%14.5%
1 years$842,306$834,804$827,484$820,339$813,362$798,246
2 years$416,983$409,217$401,691$394,394$387,315$372,143
3 years$275,228$267,428$259,921$252,692$245,729$230,972
4 years$204,364$196,588$189,156$182,050$175,256$161,029
5 years$161,856$154,127$146,793$139,832$133,227$119,571
6 years$133,527$125,857$118,630$111,825$105,418$92,347
7 years$113,300$105,694$98,582$91,937$85,733$73,252
8 years$98,137$90,599$83,606$77,124$71,124$59,228
9 years$86,349$78,883$72,009$65,692$59,896$48,580
10 years$76,925$69,532$62,779$56,628$51,035$40,286
11 years$69,219$61,900$55,270$49,283$43,892$33,699
12 years$62,802$55,558$49,051$43,228$38,036$28,385
13 years$57,377$50,208$43,824$38,164$33,168$24,044
14 years$52,730$45,638$39,376$33,877$29,075$20,461
15 years$48,707$41,691$35,551$30,213$25,600$17,478
16 years$45,190$38,251$32,232$27,052$22,625$14,978
17 years$42,090$35,227$29,330$24,306$20,061$12,871
18 years$39,337$32,552$26,775$21,905$17,837$11,085
19 years$36,878$30,169$24,511$19,793$15,899$9,565
20 years$34,667$28,034$22,495$17,926$14,201$8,267
21 years$32,669$26,113$20,691$16,269$12,708$7,156
22 years$30,855$24,375$19,070$14,792$11,391$6,201
23 years$29,201$22,798$17,608$13,472$10,225$5,379
24 years$27,688$21,360$16,284$12,287$9,191$4,670
25 years$26,297$20,045$15,082$11,221$8,270$4,058
26 years$25,016$18,839$13,988$10,260$7,450$3,529
27 years$23,831$17,730$12,989$9,391$6,716$3,070
28 years$22,734$16,707$12,075$8,604$6,060$2,672
29 years$21,713$15,761$11,237$7,890$5,472$2,327
30 years$20,763$14,885$10,467$7,241$4,945$2,027
31 years$19,875$14,071$9,758$6,651$4,470$1,766
32 years$19,045$13,314$9,104$6,112$4,044$1,540
33 years$18,267$12,609$8,501$5,621$3,660$1,343
34 years$17,536$11,950$7,943$5,172$3,313$1,171
35 years$16,848$11,334$7,426$4,761$3,001$1,021
36 years$16,200$10,758$6,947$4,384$2,719$891
37 years$15,588$10,218$6,502$4,040$2,464$777
38 years$15,010$9,710$6,089$3,723$2,234$678
39 years$14,463$9,234$5,704$3,433$2,026$592
40 years$13,945$8,785$5,347$3,167$1,838$517
41 years$13,453$8,363$5,014$2,922$1,667$451
42 years$12,986$7,964$4,703$2,696$1,513$394
43 years$12,542$7,588$4,413$2,489$1,373$344
44 years$12,119$7,233$4,142$2,298$1,246$300
45 years$11,716$6,898$3,890$2,122$1,131$262
46 years$11,332$6,580$3,653$1,961$1,027$229
47 years$10,965$6,279$3,432$1,811$933$200
48 years$10,615$5,994$3,225$1,674$847$174
49 years$10,279$5,724$3,032$1,547$769$152
50 years$9,959$5,468$2,850$1,430$699$133

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $10,200,000, adding $4,311 every year, while hoping to spend $46,924 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: 38/35/27 Blend
52$10,200,000$10,200,000$10,200,000$10,200,000
53$11,244,847$10,704,247$10,546,147$11,581,517
54$12,341,894$11,178,828$10,849,516$12,303,345
55$13,549,268$11,675,091$11,161,475$13,078,300
56$14,878,172$12,194,049$11,482,263$13,914,947
57$16,340,950$12,736,762$11,812,124$14,818,912
58$17,951,206$13,304,343$12,151,309$15,796,370
59$19,723,928$13,897,954$12,500,076$16,854,096
60$21,675,630$14,518,816$12,858,691$17,999,530
61$23,824,512$15,168,205$13,227,425$19,240,835
62$26,190,626$15,847,461$13,606,557$20,586,980
63$28,796,068$16,557,985$13,996,375$22,047,811
64$31,665,186$17,301,245$14,397,172$23,634,147
65$34,824,810$18,078,780$14,809,252$25,357,871
66$38,304,503$18,892,203$15,232,924$27,232,042
67$42,136,842$19,743,202$15,668,508$29,271,013
68$46,357,727$20,633,545$16,116,330$31,490,556
69$51,006,714$21,565,088$16,576,726$33,908,010
70$56,127,394$22,539,772$17,050,041$36,542,440
71$61,767,800$23,559,633$17,536,629$39,414,806
72$67,980,863$24,626,802$18,036,853$42,548,158
73$74,824,909$25,743,514$18,551,087$45,967,844
74$82,364,214$26,912,110$19,079,712$49,701,748
75$90,669,603$28,135,043$19,623,121$53,780,538
76$99,819,125$29,414,882$20,181,719$58,237,955
77$109,898,787$30,754,323$20,755,918$63,111,119
78$121,003,366$32,156,187$21,346,143$68,440,874
79$133,237,300$33,623,431$21,952,830$74,272,164
80$146,715,681$35,159,156$22,576,426$80,654,445
81$161,565,335$36,766,608$23,217,390$87,642,149
82$177,926,019$38,449,193$23,876,193$95,295,181
83$195,951,746$40,210,476$24,553,318$103,679,482
84$215,812,231$42,054,196$25,249,261$112,867,631
85$237,694,497$43,984,270$25,964,531$122,939,527
86$261,804,642$46,004,805$26,699,648$133,983,129
87$288,369,778$48,120,104$27,455,149$146,095,271
88$317,640,182$50,334,675$28,231,583$159,382,570
89$349,891,653$52,653,246$29,029,513$173,962,411
90$385,428,117$55,080,771$29,849,517$189,964,046
91$424,584,497$57,622,441$30,692,188$207,529,801
92$467,729,873$60,283,698$31,558,134$226,816,399
93$515,270,967$63,070,246$32,447,979$247,996,428
94$567,655,981$65,988,064$33,362,361$271,259,949
95$625,378,829$69,043,417$34,301,938$296,816,279
96$688,983,798$72,242,873$35,267,382$324,895,943
97$759,070,689$75,593,317$36,259,382$355,752,833
98$836,300,474$79,101,964$37,278,647$389,666,587
99$921,401,542$82,776,380$38,325,901$426,945,202
100$1,015,176,569$86,624,492$39,401,888$467,927,928