Can I retire at age 65 with 10,200,000?

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 $10,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$842,306$834,804$827,484$820,339$813,362$782,637
2 years$416,983$409,217$401,691$394,394$387,315$356,717
3 years$275,228$267,428$259,921$252,692$245,729$216,220
4 years$204,364$196,588$189,156$182,050$175,256$147,061
5 years$161,856$154,127$146,793$139,832$133,227$106,419
6 years$133,527$125,857$118,630$111,825$105,418$80,016
7 years$113,300$105,694$98,582$91,937$85,733$61,729
8 years$98,137$90,599$83,606$77,124$71,124$48,496
9 years$86,349$78,883$72,009$65,692$59,896$38,613
10 years$76,925$69,532$62,779$56,628$51,035$31,056
11 years$69,219$61,900$55,270$49,283$43,892$25,173
12 years$62,802$55,558$49,051$43,228$38,036$20,530
13 years$57,377$50,208$43,824$38,164$33,168$16,825
14 years$52,730$45,638$39,376$33,877$29,075$13,842
15 years$48,707$41,691$35,551$30,213$25,600$11,424
16 years$45,190$38,251$32,232$27,052$22,625$9,452
17 years$42,090$35,227$29,330$24,306$20,061$7,837
18 years$39,337$32,552$26,775$21,905$17,837$6,509
19 years$36,878$30,169$24,511$19,793$15,899$5,414
20 years$34,667$28,034$22,495$17,926$14,201$4,508
21 years$32,669$26,113$20,691$16,269$12,708$3,757
22 years$30,855$24,375$19,070$14,792$11,391$3,134
23 years$29,201$22,798$17,608$13,472$10,225$2,616
24 years$27,688$21,360$16,284$12,287$9,191$2,185
25 years$26,297$20,045$15,082$11,221$8,270$1,826
26 years$25,016$18,839$13,988$10,260$7,450$1,526
27 years$23,831$17,730$12,989$9,391$6,716$1,276
28 years$22,734$16,707$12,075$8,604$6,060$1,067
29 years$21,713$15,761$11,237$7,890$5,472$893
30 years$20,763$14,885$10,467$7,241$4,945$747
31 years$19,875$14,071$9,758$6,651$4,470$625
32 years$19,045$13,314$9,104$6,112$4,044$523
33 years$18,267$12,609$8,501$5,621$3,660$438
34 years$17,536$11,950$7,943$5,172$3,313$367
35 years$16,848$11,334$7,426$4,761$3,001$307
36 years$16,200$10,758$6,947$4,384$2,719$257
37 years$15,588$10,218$6,502$4,040$2,464$215
38 years$15,010$9,710$6,089$3,723$2,234$180
39 years$14,463$9,234$5,704$3,433$2,026$151
40 years$13,945$8,785$5,347$3,167$1,838$126
41 years$13,453$8,363$5,014$2,922$1,667$106
42 years$12,986$7,964$4,703$2,696$1,513$89
43 years$12,542$7,588$4,413$2,489$1,373$74
44 years$12,119$7,233$4,142$2,298$1,246$62
45 years$11,716$6,898$3,890$2,122$1,131$52
46 years$11,332$6,580$3,653$1,961$1,027$44
47 years$10,965$6,279$3,432$1,811$933$36
48 years$10,615$5,994$3,225$1,674$847$31
49 years$10,279$5,724$3,032$1,547$769$26
50 years$9,959$5,468$2,850$1,430$699$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $10,200,000, adding $3,245 every year, while hoping to spend $47,758 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: 41/29/30 Blend
64$10,200,000$10,200,000$10,200,000$10,200,000
65$11,243,747$10,703,147$10,545,047$11,605,425
66$12,339,795$11,176,787$10,847,492$12,342,080
67$13,546,040$11,672,035$11,158,468$13,134,268
68$14,873,670$12,189,899$11,478,211$13,990,903
69$16,335,015$12,731,435$11,806,962$14,917,950
70$17,943,661$13,297,750$12,144,970$15,921,963
71$19,714,577$13,890,002$12,492,489$17,010,135
72$21,664,257$14,509,405$12,849,780$18,190,370
73$23,810,876$15,157,231$13,217,113$19,471,349
74$26,174,462$15,834,812$13,594,763$20,862,613
75$28,777,082$16,543,542$13,983,012$22,374,644
76$31,643,053$17,284,885$14,382,152$24,018,964
77$34,799,171$18,060,371$14,792,481$25,808,238
78$38,274,962$18,871,604$15,214,304$27,756,390
79$42,102,960$19,720,265$15,647,935$29,878,729
80$46,319,019$20,608,115$16,093,698$32,192,089
81$50,962,645$21,536,999$16,551,923$34,714,983
82$56,077,372$22,508,849$17,022,950$37,467,776
83$61,711,173$23,525,691$17,507,127$40,472,866
84$67,916,909$24,589,646$18,004,812$43,754,894
85$74,752,832$25,702,938$18,516,372$47,340,970
86$82,283,135$26,867,895$19,042,184$51,260,921
87$90,578,552$28,086,959$19,582,635$55,547,571
88$99,717,031$29,362,688$20,138,120$60,237,040
89$109,784,469$30,697,760$20,709,048$65,369,077
90$120,875,519$32,094,984$21,295,835$70,987,434
91$133,094,486$33,557,303$21,898,910$77,140,266
92$146,556,312$35,087,799$22,518,712$83,880,580
93$161,387,660$36,689,705$23,155,693$91,266,728
94$177,728,107$38,366,407$23,810,314$99,362,948
95$195,731,466$40,121,452$24,483,051$108,239,962
96$215,567,232$41,958,560$25,174,390$117,975,634
97$237,422,188$43,881,628$25,884,831$128,655,697
98$261,502,163$45,894,739$26,614,884$140,374,550
99$288,033,977$48,002,175$27,365,077$153,236,139
100$317,267,582$50,208,421$28,135,946$167,354,931