Can I retire at age 67 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%11.6%
1 years$842,306$834,804$827,484$820,339$813,362$807,898
2 years$416,983$409,217$401,691$394,394$387,315$381,804
3 years$275,228$267,428$259,921$252,692$245,729$240,342
4 years$204,364$196,588$189,156$182,050$175,256$170,034
5 years$161,856$154,127$146,793$139,832$133,227$128,186
6 years$133,527$125,857$118,630$111,825$105,418$100,564
7 years$113,300$105,694$98,582$91,937$85,733$81,069
8 years$98,137$90,599$83,606$77,124$71,124$66,650
9 years$86,349$78,883$72,009$65,692$59,896$55,611
10 years$76,925$69,532$62,779$56,628$51,035$46,936
11 years$69,219$61,900$55,270$49,283$43,892$39,976
12 years$62,802$55,558$49,051$43,228$38,036$34,300
13 years$57,377$50,208$43,824$38,164$33,168$29,608
14 years$52,730$45,638$39,376$33,877$29,075$25,687
15 years$48,707$41,691$35,551$30,213$25,600$22,380
16 years$45,190$38,251$32,232$27,052$22,625$19,568
17 years$42,090$35,227$29,330$24,306$20,061$17,161
18 years$39,337$32,552$26,775$21,905$17,837$15,090
19 years$36,878$30,169$24,511$19,793$15,899$13,299
20 years$34,667$28,034$22,495$17,926$14,201$11,744
21 years$32,669$26,113$20,691$16,269$12,708$10,388
22 years$30,855$24,375$19,070$14,792$11,391$9,202
23 years$29,201$22,798$17,608$13,472$10,225$8,162
24 years$27,688$21,360$16,284$12,287$9,191$7,248
25 years$26,297$20,045$15,082$11,221$8,270$6,443
26 years$25,016$18,839$13,988$10,260$7,450$5,732
27 years$23,831$17,730$12,989$9,391$6,716$5,104
28 years$22,734$16,707$12,075$8,604$6,060$4,548
29 years$21,713$15,761$11,237$7,890$5,472$4,055
30 years$20,763$14,885$10,467$7,241$4,945$3,617
31 years$19,875$14,071$9,758$6,651$4,470$3,228
32 years$19,045$13,314$9,104$6,112$4,044$2,882
33 years$18,267$12,609$8,501$5,621$3,660$2,574
34 years$17,536$11,950$7,943$5,172$3,313$2,300
35 years$16,848$11,334$7,426$4,761$3,001$2,056
36 years$16,200$10,758$6,947$4,384$2,719$1,838
37 years$15,588$10,218$6,502$4,040$2,464$1,644
38 years$15,010$9,710$6,089$3,723$2,234$1,470
39 years$14,463$9,234$5,704$3,433$2,026$1,315
40 years$13,945$8,785$5,347$3,167$1,838$1,177
41 years$13,453$8,363$5,014$2,922$1,667$1,053
42 years$12,986$7,964$4,703$2,696$1,513$942
43 years$12,542$7,588$4,413$2,489$1,373$844
44 years$12,119$7,233$4,142$2,298$1,246$755
45 years$11,716$6,898$3,890$2,122$1,131$676
46 years$11,332$6,580$3,653$1,961$1,027$605
47 years$10,965$6,279$3,432$1,811$933$542
48 years$10,615$5,994$3,225$1,674$847$485
49 years$10,279$5,724$3,032$1,547$769$435
50 years$9,959$5,468$2,850$1,430$699$389

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $10,200,000, adding $6,274 every year, while hoping to spend $45,008 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: 42/37/21 Blend
66$10,200,000$10,200,000$10,200,000$10,200,000
67$11,246,872$10,706,272$10,548,172$11,649,810
68$12,346,164$11,182,991$10,853,647$12,413,631
69$13,556,077$11,681,561$11,167,848$13,235,432
70$14,887,844$12,203,005$11,491,018$14,124,460
71$16,353,846$12,748,394$11,823,409$15,086,916
72$17,967,725$13,318,852$12,165,280$16,129,606
73$19,744,512$13,915,555$12,516,896$17,260,002
74$21,700,770$14,539,735$12,878,530$18,486,306
75$23,854,749$15,192,682$13,250,461$19,817,528
76$26,226,560$15,875,750$13,632,978$21,263,563
77$28,838,362$16,590,355$14,026,376$22,835,282
78$31,714,574$17,337,981$14,430,959$24,544,628
79$34,882,102$18,120,184$14,847,038$26,404,727
80$38,370,597$18,938,593$15,274,933$28,430,004
81$42,212,729$19,794,916$15,714,975$30,636,314
82$46,444,502$20,690,941$16,167,501$33,041,089
83$51,105,586$21,628,542$16,632,857$35,663,494
84$56,239,699$22,609,684$17,111,401$38,524,601
85$61,895,014$23,636,424$17,603,499$41,647,587
86$68,124,615$24,710,919$18,109,526$45,057,938
87$74,987,000$25,835,427$18,629,869$48,783,692
88$82,546,628$27,012,318$19,164,924$52,855,687
89$90,874,534$28,244,071$19,715,098$57,307,853
90$100,048,992$29,533,286$20,280,810$62,177,518
91$110,156,261$30,882,689$20,862,489$67,505,758
92$121,291,393$32,295,134$21,460,575$73,337,770
93$133,559,133$33,773,613$22,075,522$79,723,294
94$147,074,906$35,321,263$22,707,795$86,717,072
95$161,965,911$36,941,368$23,357,870$94,379,354
96$178,372,312$38,637,374$24,026,237$102,776,460
97$196,448,572$40,412,889$24,713,400$111,981,390
98$216,364,902$42,271,697$25,419,874$122,074,505
99$238,308,873$44,217,761$26,146,191$133,144,275
100$262,487,184$46,255,237$26,892,894$145,288,098