Can I retire at age 65 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%19.7%
1 years$825,791$818,435$811,258$804,254$797,414$766,381
2 years$408,807$401,194$393,815$386,660$379,721$348,831
3 years$269,831$262,184$254,824$247,737$240,911$211,135
4 years$200,356$192,733$185,447$178,481$171,819$143,386
5 years$158,683$151,105$143,914$137,090$130,614$103,595
6 years$130,909$123,389$116,304$109,632$103,351$77,764
7 years$111,079$103,622$96,649$90,135$84,052$59,889
8 years$96,213$88,823$81,966$75,612$69,729$46,966
9 years$84,656$77,336$70,598$64,404$58,722$37,326
10 years$75,417$68,168$61,549$55,517$50,034$29,964
11 years$67,862$60,686$54,186$48,317$43,031$24,241
12 years$61,571$54,469$48,089$42,380$37,290$19,730
13 years$56,251$49,224$42,964$37,415$32,517$16,136
14 years$51,696$44,743$38,604$33,213$28,505$13,247
15 years$47,752$40,874$34,854$29,620$25,098$10,909
16 years$44,304$37,501$31,600$26,522$22,181$9,007
17 years$41,265$34,537$28,755$23,830$19,668$7,451
18 years$38,566$31,914$26,250$21,475$17,487$6,175
19 years$36,155$29,577$24,030$19,405$15,587$5,124
20 years$33,987$27,484$22,054$17,575$13,923$4,257
21 years$32,028$25,601$20,285$15,950$12,459$3,540
22 years$30,250$23,897$18,696$14,502$11,168$2,946
23 years$28,629$22,351$17,262$13,208$10,025$2,453
24 years$27,145$20,941$15,965$12,046$9,011$2,044
25 years$25,782$19,652$14,787$11,001$8,108$1,704
26 years$24,525$18,470$13,714$10,059$7,304$1,421
27 years$23,364$17,382$12,734$9,207$6,585$1,185
28 years$22,288$16,379$11,838$8,436$5,942$989
29 years$21,288$15,452$11,017$7,736$5,365$825
30 years$20,356$14,593$10,262$7,099$4,848$689
31 years$19,486$13,795$9,567$6,520$4,383$575
32 years$18,672$13,053$8,926$5,992$3,965$480
33 years$17,909$12,361$8,334$5,510$3,588$401
34 years$17,192$11,716$7,787$5,070$3,248$335
35 years$16,518$11,112$7,280$4,667$2,942$280
36 years$15,882$10,547$6,810$4,298$2,666$233
37 years$15,283$10,017$6,374$3,960$2,416$195
38 years$14,716$9,520$5,969$3,650$2,190$163
39 years$14,180$9,053$5,593$3,366$1,986$136
40 years$13,672$8,613$5,242$3,105$1,802$114
41 years$13,189$8,199$4,915$2,864$1,635$95
42 years$12,731$7,808$4,611$2,643$1,483$79
43 years$12,296$7,439$4,327$2,440$1,346$66
44 years$11,881$7,091$4,061$2,253$1,222$55
45 years$11,486$6,762$3,813$2,081$1,109$46
46 years$11,110$6,451$3,582$1,922$1,007$39
47 years$10,750$6,156$3,365$1,776$914$32
48 years$10,406$5,877$3,162$1,641$830$27
49 years$10,078$5,612$2,972$1,516$754$23
50 years$9,763$5,361$2,794$1,402$685$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $10,000,000, adding $5,104 every year, while hoping to spend $53,201 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: 32/40/28 Blend
64$10,000,000$10,000,000$10,000,000$10,000,000
65$11,025,265$10,495,265$10,340,265$11,283,704
66$12,093,236$10,952,927$10,630,058$11,940,021
67$13,268,358$11,431,232$10,927,777$12,641,377
68$14,561,503$11,931,135$11,233,629$13,395,771
69$15,984,651$12,453,635$11,547,831$14,207,912
70$17,551,004$12,999,782$11,870,601$15,082,958
71$19,275,105$13,570,671$12,202,166$16,026,563
72$21,172,984$14,167,451$12,542,756$17,044,927
73$23,262,298$14,791,326$12,892,608$18,144,854
74$25,562,506$15,443,555$13,251,965$19,333,802
75$28,095,051$16,125,458$13,621,075$20,619,959
76$30,883,558$16,838,417$14,000,192$22,012,310
77$33,954,061$17,583,880$14,389,579$23,520,719
78$37,335,248$18,363,363$14,789,503$25,156,016
79$41,058,728$19,178,453$15,200,236$26,930,093
80$45,159,336$20,030,814$15,622,061$28,856,014
81$49,675,452$20,922,188$16,055,265$30,948,128
82$54,649,373$21,854,400$16,500,141$33,222,201
83$60,127,706$22,829,362$16,956,992$35,695,559
84$66,161,807$23,849,077$17,426,127$38,387,240
85$72,808,271$24,915,641$17,907,861$41,318,176
86$80,129,459$26,031,252$18,402,519$44,511,373
87$88,194,094$27,198,213$18,910,433$47,992,126
88$97,077,901$28,418,934$19,431,942$51,788,252
89$106,864,328$29,695,944$19,967,394$55,930,337
90$117,645,333$31,031,888$20,517,145$60,452,024
91$129,522,246$32,429,540$21,081,558$65,390,315
92$142,606,733$33,891,805$21,661,008$70,785,915
93$157,021,844$35,421,728$22,255,876$76,683,604
94$172,903,176$37,022,497$22,866,553$83,132,651
95$190,400,156$38,697,455$23,493,438$90,187,268
96$209,677,444$40,450,103$24,136,941$97,907,109
97$230,916,495$42,284,110$24,797,479$106,357,823
98$254,317,265$44,203,319$25,475,483$115,611,658
99$280,100,104$46,211,759$26,171,389$125,748,138
100$308,507,830$48,313,650$26,885,646$136,854,789