Can I retire at age 59 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%17.4%
1 years$834,049$826,619$819,371$812,296$805,388$781,172
2 years$412,895$405,206$397,753$390,527$383,518$359,325
3 years$272,529$264,806$257,372$250,214$243,320$219,907
4 years$202,360$194,661$187,301$180,265$173,538$151,086
5 years$160,269$152,616$145,353$138,461$131,921$110,491
6 years$132,218$124,623$117,467$110,728$104,384$83,995
7 years$112,190$104,658$97,616$91,036$84,892$65,543
8 years$97,175$89,711$82,786$76,368$70,426$52,105
9 years$85,503$78,110$71,303$65,048$59,309$41,996
10 years$76,171$68,850$62,164$56,072$50,534$34,206
11 years$68,540$61,293$54,728$48,800$43,461$28,088
12 years$62,186$55,013$48,570$42,804$37,663$23,214
13 years$56,814$49,716$43,394$37,789$32,843$19,286
14 years$52,213$45,190$38,990$33,545$28,790$16,089
15 years$48,229$41,282$35,202$29,917$25,349$13,468
16 years$44,747$37,876$31,916$26,787$22,403$11,306
17 years$41,677$34,882$29,042$24,068$19,864$9,513
18 years$38,952$32,233$26,512$21,690$17,662$8,020
19 years$36,516$29,873$24,270$19,599$15,743$6,772
20 years$34,327$27,759$22,274$17,750$14,062$5,726
21 years$32,348$25,857$20,488$16,110$12,584$4,847
22 years$30,552$24,136$18,883$14,647$11,280$4,107
23 years$28,915$22,574$17,435$13,340$10,125$3,483
24 years$27,416$21,151$16,124$12,167$9,101$2,955
25 years$26,039$19,849$14,934$11,111$8,189$2,509
26 years$24,771$18,655$13,851$10,159$7,377$2,131
27 years$23,598$17,556$12,862$9,299$6,651$1,811
28 years$22,511$16,543$11,957$8,520$6,001$1,540
29 years$21,500$15,607$11,127$7,813$5,419$1,309
30 years$20,559$14,739$10,364$7,170$4,896$1,114
31 years$19,680$13,933$9,662$6,586$4,427$948
32 years$18,858$13,183$9,015$6,052$4,004$806
33 years$18,088$12,485$8,417$5,566$3,624$686
34 years$17,364$11,833$7,865$5,121$3,281$584
35 years$16,683$11,223$7,353$4,714$2,972$497
36 years$16,041$10,653$6,878$4,341$2,692$423
37 years$15,436$10,117$6,438$4,000$2,440$360
38 years$14,863$9,615$6,029$3,687$2,212$307
39 years$14,322$9,143$5,649$3,400$2,006$261
40 years$13,808$8,699$5,294$3,136$1,820$222
41 years$13,321$8,281$4,964$2,893$1,651$189
42 years$12,859$7,886$4,657$2,670$1,498$161
43 years$12,419$7,514$4,370$2,465$1,360$137
44 years$12,000$7,162$4,102$2,276$1,234$117
45 years$11,601$6,830$3,851$2,102$1,120$100
46 years$11,221$6,515$3,617$1,941$1,017$85
47 years$10,858$6,218$3,398$1,794$924$72
48 years$10,511$5,936$3,194$1,657$839$62
49 years$10,179$5,668$3,002$1,532$762$52
50 years$9,861$5,415$2,822$1,416$692$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $10,100,000, adding $4,365 every year, while hoping to spend $55,583 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: 67/25/8 Blend
58$10,100,000$10,100,000$10,100,000$10,100,000
59$11,134,702$10,599,402$10,442,852$11,863,930
60$12,211,302$11,059,633$10,733,548$12,808,856
61$13,395,852$11,540,553$11,032,119$13,834,419
62$14,699,305$12,043,115$11,338,771$14,954,121
63$16,133,727$12,568,321$11,653,713$16,177,152
64$17,712,417$13,117,218$11,977,162$17,513,623
65$19,450,023$13,690,902$12,309,336$18,974,656
66$21,362,690$14,290,521$12,650,464$20,572,490
67$23,468,205$14,917,277$13,000,775$22,320,593
68$25,786,168$15,572,429$13,360,507$24,233,787
69$28,338,176$16,257,297$13,729,903$26,328,383
70$31,148,026$16,973,261$14,109,210$28,622,336
71$34,241,940$17,721,766$14,498,684$31,135,405
72$37,648,813$18,504,328$14,898,586$33,889,345
73$41,400,484$19,322,532$15,309,181$36,908,101
74$45,532,038$20,178,041$15,730,743$40,218,036
75$50,082,135$21,072,593$16,163,551$43,848,175
76$55,093,375$22,008,013$16,607,892$47,830,473
77$60,612,701$22,986,208$17,064,059$52,200,115
78$66,691,843$24,009,178$17,532,351$56,995,843
79$73,387,802$25,079,018$18,013,076$62,260,320
80$80,763,390$26,197,922$18,506,546$68,040,524
81$88,887,824$27,368,189$19,013,083$74,388,190
82$97,837,377$28,592,225$19,533,017$81,360,293
83$107,696,099$29,872,554$20,066,683$89,019,578
84$118,556,609$31,211,817$20,614,424$97,435,153
85$130,520,969$32,612,782$21,176,594$106,683,128
86$143,701,650$34,078,350$21,753,551$116,847,337
87$158,222,587$35,611,558$22,345,664$128,020,112
88$174,220,356$37,215,589$22,953,309$140,303,161
89$191,845,457$38,893,779$23,576,870$153,808,509
90$211,263,740$40,649,620$24,216,741$168,659,560
91$232,657,964$42,486,774$24,873,325$184,992,244
92$256,229,527$44,409,076$25,547,032$202,956,304
93$282,200,363$46,420,546$26,238,282$222,716,690
94$310,815,041$48,525,393$26,947,504$244,455,117
95$342,343,068$50,728,030$27,675,139$268,371,768
96$377,081,438$53,033,080$28,421,633$294,687,175
97$415,357,432$55,445,389$29,187,445$323,644,292
98$457,531,709$57,970,032$29,973,043$355,510,777
99$504,001,708$60,612,328$30,778,905$390,581,511
100$555,205,403$63,377,853$31,605,519$429,181,370