Can I retire at age 55 with 10,000,000?

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 $10,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$825,791$818,435$811,258$804,254$797,414$784,527
2 years$408,807$401,194$393,815$386,660$379,721$366,773
3 years$269,831$262,184$254,824$247,737$240,911$228,304
4 years$200,356$192,733$185,447$178,481$171,819$159,652
5 years$158,683$151,105$143,914$137,090$130,614$118,922
6 years$130,909$123,389$116,304$109,632$103,351$92,146
7 years$111,079$103,622$96,649$90,135$84,052$73,338
8 years$96,213$88,823$81,966$75,612$69,729$59,504
9 years$84,656$77,336$70,598$64,404$58,722$48,981
10 years$75,417$68,168$61,549$55,517$50,034$40,769
11 years$67,862$60,686$54,186$48,317$43,031$34,232
12 years$61,571$54,469$48,089$42,380$37,290$28,945
13 years$56,251$49,224$42,964$37,415$32,517$24,615
14 years$51,696$44,743$38,604$33,213$28,505$21,032
15 years$47,752$40,874$34,854$29,620$25,098$18,041
16 years$44,304$37,501$31,600$26,522$22,181$15,526
17 years$41,265$34,537$28,755$23,830$19,668$13,398
18 years$38,566$31,914$26,250$21,475$17,487$11,589
19 years$36,155$29,577$24,030$19,405$15,587$10,045
20 years$33,987$27,484$22,054$17,575$13,923$8,721
21 years$32,028$25,601$20,285$15,950$12,459$7,583
22 years$30,250$23,897$18,696$14,502$11,168$6,601
23 years$28,629$22,351$17,262$13,208$10,025$5,753
24 years$27,145$20,941$15,965$12,046$9,011$5,019
25 years$25,782$19,652$14,787$11,001$8,108$4,382
26 years$24,525$18,470$13,714$10,059$7,304$3,828
27 years$23,364$17,382$12,734$9,207$6,585$3,347
28 years$22,288$16,379$11,838$8,436$5,942$2,927
29 years$21,288$15,452$11,017$7,736$5,365$2,562
30 years$20,356$14,593$10,262$7,099$4,848$2,243
31 years$19,486$13,795$9,567$6,520$4,383$1,964
32 years$18,672$13,053$8,926$5,992$3,965$1,721
33 years$17,909$12,361$8,334$5,510$3,588$1,508
34 years$17,192$11,716$7,787$5,070$3,248$1,321
35 years$16,518$11,112$7,280$4,667$2,942$1,158
36 years$15,882$10,547$6,810$4,298$2,666$1,016
37 years$15,283$10,017$6,374$3,960$2,416$891
38 years$14,716$9,520$5,969$3,650$2,190$781
39 years$14,180$9,053$5,593$3,366$1,986$685
40 years$13,672$8,613$5,242$3,105$1,802$601
41 years$13,189$8,199$4,915$2,864$1,635$528
42 years$12,731$7,808$4,611$2,643$1,483$463
43 years$12,296$7,439$4,327$2,440$1,346$406
44 years$11,881$7,091$4,061$2,253$1,222$356
45 years$11,486$6,762$3,813$2,081$1,109$313
46 years$11,110$6,451$3,582$1,922$1,007$275
47 years$10,750$6,156$3,365$1,776$914$241
48 years$10,406$5,877$3,162$1,641$830$212
49 years$10,078$5,612$2,972$1,516$754$186
50 years$9,763$5,361$2,794$1,402$685$163

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $10,000,000, adding $2,760 every year, while hoping to spend $37,815 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: 68/15/17 Blend
54$10,000,000$10,000,000$10,000,000$10,000,000
55$11,022,847$10,492,847$10,337,847$11,727,203
56$12,106,942$10,966,762$10,643,930$12,671,479
57$13,300,348$11,462,631$10,958,999$13,699,255
58$14,614,174$11,981,490$11,283,316$14,822,515
59$16,060,662$12,524,425$11,617,149$16,050,650
60$17,653,300$13,092,573$11,960,775$17,393,995
61$19,406,953$13,687,125$12,314,477$18,863,927
62$21,337,999$14,309,330$12,678,548$20,472,967
63$23,464,484$14,960,497$13,053,289$22,234,897
64$25,806,296$15,641,996$13,439,009$24,164,890
65$28,385,349$16,355,264$13,836,026$26,279,650
66$31,225,790$17,101,807$14,244,668$28,597,565
67$34,354,227$17,883,203$14,665,271$31,138,884
68$37,799,982$18,701,104$15,098,182$33,925,899
69$41,595,366$19,557,243$15,543,756$36,983,158
70$45,775,981$20,453,437$16,002,361$40,337,691
71$50,381,064$21,391,587$16,474,372$44,019,264
72$55,453,846$22,373,689$16,960,177$48,060,658
73$61,041,970$23,401,831$17,460,175$52,497,972
74$67,197,936$24,478,206$17,974,776$57,370,964
75$73,979,596$25,605,108$18,504,401$62,723,421
76$81,450,700$26,784,944$19,049,484$68,603,571
77$89,681,500$28,020,235$19,610,470$75,064,533
78$98,749,410$29,313,624$20,187,818$82,164,815
79$108,739,740$30,667,881$20,782,000$89,968,863
80$119,746,498$32,085,911$21,393,501$98,547,664
81$131,873,276$33,570,757$22,022,819$107,979,415
82$145,234,234$35,125,608$22,670,468$118,350,254
83$159,955,171$36,753,808$23,336,973$129,755,068
84$176,174,716$38,458,862$24,022,879$142,298,388
85$194,045,634$40,244,443$24,728,742$156,095,366
86$213,736,270$42,114,402$25,455,137$171,272,859
87$235,432,137$44,072,775$26,202,652$187,970,624
88$259,337,668$46,123,794$26,971,893$206,342,625
89$285,678,144$48,271,894$27,763,485$226,558,488
90$314,701,821$50,521,723$28,578,069$248,805,091
91$346,682,276$52,878,156$29,416,303$273,288,322
92$381,920,984$55,346,302$30,278,865$300,235,021
93$420,750,170$57,931,516$31,166,453$329,895,106
94$463,535,939$60,639,413$32,079,781$362,543,935
95$510,681,739$63,475,878$33,019,588$398,484,888
96$562,632,162$66,447,082$33,986,630$438,052,230
97$619,877,146$69,559,493$34,981,685$481,614,256
98$682,956,599$72,819,891$36,005,555$529,576,760
99$752,465,493$76,235,387$37,059,062$582,386,853
100$829,059,484$79,813,432$38,143,052$640,537,180