Can I retire at age 65 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%14.4%
1 years$834,049$826,619$819,371$812,296$805,388$790,745
2 years$412,895$405,206$397,753$390,527$383,518$368,818
3 years$272,529$264,806$257,372$250,214$243,320$229,020
4 years$202,360$194,661$187,301$180,265$173,538$159,749
5 years$160,269$152,616$145,353$138,461$131,921$118,682
6 years$132,218$124,623$117,467$110,728$104,384$91,711
7 years$112,190$104,658$97,616$91,036$84,892$72,788
8 years$97,175$89,711$82,786$76,368$70,426$58,887
9 years$85,503$78,110$71,303$65,048$59,309$48,329
10 years$76,171$68,850$62,164$56,072$50,534$40,103
11 years$68,540$61,293$54,728$48,800$43,461$33,567
12 years$62,186$55,013$48,570$42,804$37,663$28,292
13 years$56,814$49,716$43,394$37,789$32,843$23,981
14 years$52,213$45,190$38,990$33,545$28,790$20,421
15 years$48,229$41,282$35,202$29,917$25,349$17,456
16 years$44,747$37,876$31,916$26,787$22,403$14,970
17 years$41,677$34,882$29,042$24,068$19,864$12,873
18 years$38,952$32,233$26,512$21,690$17,662$11,095
19 years$36,516$29,873$24,270$19,599$15,743$9,581
20 years$34,327$27,759$22,274$17,750$14,062$8,287
21 years$32,348$25,857$20,488$16,110$12,584$7,178
22 years$30,552$24,136$18,883$14,647$11,280$6,225
23 years$28,915$22,574$17,435$13,340$10,125$5,404
24 years$27,416$21,151$16,124$12,167$9,101$4,696
25 years$26,039$19,849$14,934$11,111$8,189$4,084
26 years$24,771$18,655$13,851$10,159$7,377$3,554
27 years$23,598$17,556$12,862$9,299$6,651$3,094
28 years$22,511$16,543$11,957$8,520$6,001$2,695
29 years$21,500$15,607$11,127$7,813$5,419$2,349
30 years$20,559$14,739$10,364$7,170$4,896$2,048
31 years$19,680$13,933$9,662$6,586$4,427$1,786
32 years$18,858$13,183$9,015$6,052$4,004$1,558
33 years$18,088$12,485$8,417$5,566$3,624$1,360
34 years$17,364$11,833$7,865$5,121$3,281$1,187
35 years$16,683$11,223$7,353$4,714$2,972$1,036
36 years$16,041$10,653$6,878$4,341$2,692$905
37 years$15,436$10,117$6,438$4,000$2,440$790
38 years$14,863$9,615$6,029$3,687$2,212$690
39 years$14,322$9,143$5,649$3,400$2,006$603
40 years$13,808$8,699$5,294$3,136$1,820$526
41 years$13,321$8,281$4,964$2,893$1,651$460
42 years$12,859$7,886$4,657$2,670$1,498$402
43 years$12,419$7,514$4,370$2,465$1,360$351
44 years$12,000$7,162$4,102$2,276$1,234$307
45 years$11,601$6,830$3,851$2,102$1,120$268
46 years$11,221$6,515$3,617$1,941$1,017$234
47 years$10,858$6,218$3,398$1,794$924$205
48 years$10,511$5,936$3,194$1,657$839$179
49 years$10,179$5,668$3,002$1,532$762$156
50 years$9,861$5,415$2,822$1,416$692$137

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $10,100,000, adding $6,664 every year, while hoping to spend $53,625 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: 85/6/9 Blend
64$10,100,000$10,100,000$10,100,000$10,100,000
65$11,137,074$10,601,774$10,445,224$12,070,298
66$12,215,999$11,064,204$10,738,082$13,143,196
67$13,403,177$11,547,496$11,038,954$14,313,797
68$14,709,593$12,052,616$11,348,051$15,598,231
69$16,147,352$12,580,574$11,665,591$17,007,923
70$17,729,789$13,132,430$11,991,796$18,555,450
71$19,471,600$13,709,291$12,326,894$20,254,670
72$21,388,977$14,312,321$12,671,119$22,120,844
73$23,499,762$14,942,734$13,024,710$24,170,785
74$25,823,614$15,601,803$13,387,914$26,423,009
75$28,382,195$16,290,865$13,760,982$28,897,916
76$31,199,376$17,011,314$14,144,171$31,617,976
77$34,301,458$17,764,614$14,537,747$34,607,945
78$37,717,425$18,552,298$14,941,979$37,895,092
79$41,479,212$19,375,971$15,357,146$41,509,458
80$45,622,012$20,237,314$15,783,531$45,484,141
81$50,184,603$21,138,088$16,221,425$49,855,603
82$55,209,717$22,080,138$16,671,127$54,664,014
83$60,744,440$23,065,397$17,132,942$59,953,630
84$66,840,660$24,095,889$17,607,182$65,773,212
85$73,555,553$25,173,733$18,094,169$72,176,481
86$80,952,126$26,301,152$18,594,229$79,222,623
87$89,099,807$27,480,473$19,107,700$86,976,852
88$98,075,104$28,714,133$19,634,925$95,511,019
89$107,962,326$30,004,686$20,176,256$104,904,289
90$118,854,376$31,354,809$20,732,054$115,243,886
91$130,853,632$32,767,305$21,302,688$126,625,920
92$144,072,910$34,245,110$21,888,535$139,156,285
93$158,636,529$35,791,302$22,489,983$152,951,661
94$174,681,485$37,409,106$23,107,427$168,140,611
95$192,358,743$39,101,899$23,741,273$184,864,797
96$211,834,663$40,873,220$24,391,934$203,280,310
97$233,292,570$42,726,779$25,059,835$223,559,141
98$256,934,483$44,666,462$25,745,410$245,890,809
99$282,983,022$46,696,341$26,449,103$270,484,139
100$311,683,511$48,820,682$27,171,369$297,569,238