Can I retire at age 54 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%14%
1 years$834,049$826,619$819,371$812,296$805,388$792,046
2 years$412,895$405,206$397,753$390,527$383,518$370,115
3 years$272,529$264,806$257,372$250,214$243,320$230,273
4 years$202,360$194,661$187,301$180,265$173,538$160,947
5 years$160,269$152,616$145,353$138,461$131,921$119,823
6 years$132,218$124,623$117,467$110,728$104,384$92,794
7 years$112,190$104,658$97,616$91,036$84,892$73,813
8 years$97,175$89,711$82,786$76,368$70,426$59,855
9 years$85,503$78,110$71,303$65,048$59,309$49,240
10 years$76,171$68,850$62,164$56,072$50,534$40,959
11 years$68,540$61,293$54,728$48,800$43,461$34,370
12 years$62,186$55,013$48,570$42,804$37,663$29,044
13 years$56,814$49,716$43,394$37,789$32,843$24,683
14 years$52,213$45,190$38,990$33,545$28,790$21,076
15 years$48,229$41,282$35,202$29,917$25,349$18,066
16 years$44,747$37,876$31,916$26,787$22,403$15,536
17 years$41,677$34,882$29,042$24,068$19,864$13,398
18 years$38,952$32,233$26,512$21,690$17,662$11,581
19 years$36,516$29,873$24,270$19,599$15,743$10,030
20 years$34,327$27,759$22,274$17,750$14,062$8,701
21 years$32,348$25,857$20,488$16,110$12,584$7,560
22 years$30,552$24,136$18,883$14,647$11,280$6,576
23 years$28,915$22,574$17,435$13,340$10,125$5,727
24 years$27,416$21,151$16,124$12,167$9,101$4,992
25 years$26,039$19,849$14,934$11,111$8,189$4,355
26 years$24,771$18,655$13,851$10,159$7,377$3,802
27 years$23,598$17,556$12,862$9,299$6,651$3,321
28 years$22,511$16,543$11,957$8,520$6,001$2,902
29 years$21,500$15,607$11,127$7,813$5,419$2,538
30 years$20,559$14,739$10,364$7,170$4,896$2,220
31 years$19,680$13,933$9,662$6,586$4,427$1,943
32 years$18,858$13,183$9,015$6,052$4,004$1,700
33 years$18,088$12,485$8,417$5,566$3,624$1,489
34 years$17,364$11,833$7,865$5,121$3,281$1,304
35 years$16,683$11,223$7,353$4,714$2,972$1,142
36 years$16,041$10,653$6,878$4,341$2,692$1,000
37 years$15,436$10,117$6,438$4,000$2,440$877
38 years$14,863$9,615$6,029$3,687$2,212$768
39 years$14,322$9,143$5,649$3,400$2,006$673
40 years$13,808$8,699$5,294$3,136$1,820$590
41 years$13,321$8,281$4,964$2,893$1,651$517
42 years$12,859$7,886$4,657$2,670$1,498$454
43 years$12,419$7,514$4,370$2,465$1,360$398
44 years$12,000$7,162$4,102$2,276$1,234$349
45 years$11,601$6,830$3,851$2,102$1,120$306
46 years$11,221$6,515$3,617$1,941$1,017$268
47 years$10,858$6,218$3,398$1,794$924$235
48 years$10,511$5,936$3,194$1,657$839$206
49 years$10,179$5,668$3,002$1,532$762$181
50 years$9,861$5,415$2,822$1,416$692$159

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 54 starting with $10,100,000, adding $4,745 every year, while hoping to spend $35,301 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: 68/5/27 Blend
53$10,100,000$10,100,000$10,100,000$10,100,000
54$11,135,094$10,599,794$10,443,244$11,813,893
55$12,233,314$11,081,624$10,755,533$12,752,702
56$13,442,369$11,585,881$11,077,100$13,774,995
57$14,773,527$12,113,625$11,408,220$14,892,688
58$16,239,205$12,665,971$11,749,173$16,115,221
59$17,853,082$13,244,082$12,100,249$17,452,990
60$19,630,237$13,849,182$12,461,747$18,917,438
61$21,587,279$14,482,550$12,833,974$20,521,167
62$23,742,514$15,145,528$13,217,245$22,278,053
63$26,116,114$15,839,522$13,611,886$24,203,375
64$28,730,304$16,566,005$14,018,230$26,313,959
65$31,609,577$17,326,522$14,436,624$28,628,338
66$34,780,924$18,122,691$14,867,420$31,166,919
67$38,274,083$18,956,208$15,310,983$33,952,179
68$42,121,828$19,828,850$15,767,690$37,008,876
69$46,360,272$20,742,482$16,237,925$40,364,277
70$51,029,211$21,699,055$16,722,087$44,048,416
71$56,172,498$22,700,616$17,220,584$48,094,376
72$61,838,457$23,749,310$17,733,838$52,538,601
73$68,080,339$24,847,386$18,262,281$57,421,234
74$74,956,825$25,997,200$18,806,359$62,786,495
75$82,532,581$27,201,221$19,366,531$68,683,099
76$90,878,863$28,462,040$19,943,269$75,164,713
77$100,074,197$29,782,370$20,537,059$82,290,457
78$110,205,114$31,165,055$21,148,399$90,125,464
79$121,366,970$32,613,077$21,777,805$98,741,489
80$133,664,845$34,129,562$22,425,805$108,217,587
81$147,214,534$35,717,786$23,092,945$118,640,854
82$162,143,641$37,381,182$23,779,783$130,107,248
83$178,592,784$39,123,352$24,486,898$142,722,492
84$196,716,920$40,948,068$25,214,881$156,603,069
85$216,686,810$42,859,287$25,964,343$171,877,318
86$238,690,628$44,861,156$26,735,912$188,686,642
87$262,935,741$46,958,022$27,530,235$207,186,843
88$289,650,664$49,154,442$28,347,975$227,549,584
89$319,087,217$51,455,195$29,189,817$249,964,012
90$351,522,902$53,865,288$30,056,465$274,638,534
91$387,263,524$56,389,973$30,948,642$301,802,787
92$426,646,075$59,034,754$31,867,093$331,709,796
93$470,041,920$61,805,401$32,812,586$364,638,363
94$517,860,296$64,707,966$33,785,908$400,895,692
95$570,552,180$67,748,791$34,787,870$440,820,287
96$628,614,546$70,934,525$35,819,307$484,785,141
97$692,595,053$74,272,140$36,881,077$533,201,255
98$763,097,220$77,768,946$37,974,065$586,521,511
99$840,786,118$81,432,606$39,099,177$645,244,943
100$926,394,653$85,271,155$40,257,350$709,921,443