Can I retire at age 64 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%19%
1 years$834,049$826,619$819,371$812,296$805,388$776,195
2 years$412,895$405,206$397,753$390,527$383,518$354,427
3 years$272,529$264,806$257,372$250,214$243,320$215,245
4 years$202,360$194,661$187,301$180,265$173,538$146,694
5 years$160,269$152,616$145,353$138,461$131,921$106,378
6 years$132,218$124,623$117,467$110,728$104,384$80,161
7 years$112,190$104,658$97,616$91,036$84,892$61,983
8 years$97,175$89,711$82,786$76,368$70,426$48,811
9 years$85,503$78,110$71,303$65,048$59,309$38,959
10 years$76,171$68,850$62,164$56,072$50,534$31,414
11 years$68,540$61,293$54,728$48,800$43,461$25,530
12 years$62,186$55,013$48,570$42,804$37,663$20,877
13 years$56,814$49,716$43,394$37,789$32,843$17,156
14 years$52,213$45,190$38,990$33,545$28,790$14,154
15 years$48,229$41,282$35,202$29,917$25,349$11,714
16 years$44,747$37,876$31,916$26,787$22,403$9,721
17 years$41,677$34,882$29,042$24,068$19,864$8,084
18 years$38,952$32,233$26,512$21,690$17,662$6,734
19 years$36,516$29,873$24,270$19,599$15,743$5,618
20 years$34,327$27,759$22,274$17,750$14,062$4,692
21 years$32,348$25,857$20,488$16,110$12,584$3,923
22 years$30,552$24,136$18,883$14,647$11,280$3,283
23 years$28,915$22,574$17,435$13,340$10,125$2,749
24 years$27,416$21,151$16,124$12,167$9,101$2,303
25 years$26,039$19,849$14,934$11,111$8,189$1,931
26 years$24,771$18,655$13,851$10,159$7,377$1,619
27 years$23,598$17,556$12,862$9,299$6,651$1,358
28 years$22,511$16,543$11,957$8,520$6,001$1,140
29 years$21,500$15,607$11,127$7,813$5,419$956
30 years$20,559$14,739$10,364$7,170$4,896$803
31 years$19,680$13,933$9,662$6,586$4,427$674
32 years$18,858$13,183$9,015$6,052$4,004$566
33 years$18,088$12,485$8,417$5,566$3,624$475
34 years$17,364$11,833$7,865$5,121$3,281$399
35 years$16,683$11,223$7,353$4,714$2,972$335
36 years$16,041$10,653$6,878$4,341$2,692$282
37 years$15,436$10,117$6,438$4,000$2,440$237
38 years$14,863$9,615$6,029$3,687$2,212$199
39 years$14,322$9,143$5,649$3,400$2,006$167
40 years$13,808$8,699$5,294$3,136$1,820$140
41 years$13,321$8,281$4,964$2,893$1,651$118
42 years$12,859$7,886$4,657$2,670$1,498$99
43 years$12,419$7,514$4,370$2,465$1,360$83
44 years$12,000$7,162$4,102$2,276$1,234$70
45 years$11,601$6,830$3,851$2,102$1,120$59
46 years$11,221$6,515$3,617$1,941$1,017$49
47 years$10,858$6,218$3,398$1,794$924$42
48 years$10,511$5,936$3,194$1,657$839$35
49 years$10,179$5,668$3,002$1,532$762$29
50 years$9,861$5,415$2,822$1,416$692$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 64 starting with $10,100,000, adding $2,175 every year, while hoping to spend $51,622 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: 69/6/25 Blend
63$10,100,000$10,100,000$10,100,000$10,100,000
64$11,132,444$10,597,144$10,440,594$11,829,277
65$12,213,027$11,061,478$10,735,428$12,761,005
66$13,402,101$11,546,835$11,038,409$13,774,124
67$14,710,675$12,054,190$11,349,756$14,881,661
68$16,150,882$12,584,564$11,669,692$16,092,962
69$17,736,092$13,139,028$11,998,446$17,418,319
70$19,481,035$13,718,701$12,336,256$18,869,065
71$21,401,942$14,324,759$12,683,361$20,457,677
72$23,516,697$14,958,429$13,040,011$22,197,897
73$25,845,007$15,620,999$13,406,459$24,104,857
74$28,408,588$16,313,818$13,782,965$26,195,219
75$31,231,367$17,038,298$14,169,797$28,487,337
76$34,339,710$17,795,918$14,567,229$31,001,423
77$37,762,670$18,588,228$14,975,541$33,759,738
78$41,532,262$19,416,851$15,395,021$36,786,802
79$45,683,764$20,283,487$15,825,965$40,109,623
80$50,256,047$21,189,918$16,268,674$43,757,950
81$55,291,948$22,138,008$16,723,459$47,764,552
82$60,838,670$23,129,714$17,190,638$52,165,525
83$66,948,226$24,167,081$17,670,536$57,000,634
84$73,677,933$25,252,256$18,163,487$62,313,683
85$81,090,951$26,387,485$18,669,832$68,152,927
86$89,256,879$27,575,124$19,189,923$74,571,527
87$98,252,414$28,817,638$19,724,119$81,628,050
88$108,162,071$30,117,613$20,272,788$89,387,017
89$119,078,982$31,477,755$20,836,305$97,919,512
90$131,105,775$32,900,903$21,415,059$107,303,851
91$144,355,545$34,390,028$22,009,444$117,626,318
92$158,952,916$35,948,244$22,619,866$128,981,975
93$175,035,222$37,578,817$23,246,740$141,475,562
94$192,753,800$39,285,164$23,890,491$155,222,478
95$212,275,420$41,070,870$24,551,555$170,349,870
96$233,783,858$42,939,688$25,230,377$186,997,829
97$257,481,632$44,895,553$25,927,415$205,320,711
98$283,591,911$46,942,587$26,643,136$225,488,591
99$312,360,624$49,085,112$27,378,019$247,688,864
100$344,058,779$51,327,654$28,132,555$272,128,012