Can I retire at age 55 with 10,600,000?

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 $10,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$875,338$867,541$859,934$852,509$845,259$817,874
2 years$433,336$425,265$417,444$409,860$402,504$375,172
3 years$286,021$277,916$270,114$262,601$255,365$228,943
4 years$212,378$204,297$196,574$189,189$182,129$156,818
5 years$168,204$160,172$152,549$145,316$138,451$114,321
6 years$138,764$130,792$123,282$116,210$109,552$86,621
7 years$117,743$109,839$102,448$95,543$89,095$67,362
8 years$101,985$94,152$86,884$80,148$73,913$53,362
9 years$89,736$81,977$74,833$68,269$62,245$42,852
10 years$79,942$72,258$65,241$58,848$53,036$34,772
11 years$71,933$64,327$57,438$51,216$45,613$28,443
12 years$65,265$57,737$50,974$44,923$39,527$23,414
13 years$59,627$52,177$45,542$39,660$34,468$19,372
14 years$54,798$47,428$40,920$35,206$30,215$16,094
15 years$50,617$43,326$36,945$31,398$26,603$13,415
16 years$46,962$39,751$33,496$28,113$23,512$11,213
17 years$43,741$36,609$30,480$25,259$20,848$9,394
18 years$40,880$33,828$27,824$22,764$18,537$7,884
19 years$38,324$31,352$25,472$20,569$16,522$6,627
20 years$36,026$29,134$23,377$18,629$14,758$5,578
21 years$33,950$27,137$21,502$16,907$13,207$4,700
22 years$32,065$25,331$19,818$15,373$11,838$3,964
23 years$30,346$23,692$18,298$14,000$10,626$3,345
24 years$28,773$22,198$16,923$12,769$9,551$2,825
25 years$27,328$20,831$15,674$11,661$8,595$2,387
26 years$25,997$19,578$14,537$10,662$7,742$2,018
27 years$24,766$18,425$13,499$9,760$6,980$1,707
28 years$23,625$17,362$12,549$8,942$6,298$1,444
29 years$22,565$16,379$11,678$8,200$5,687$1,222
30 years$21,577$15,468$10,877$7,525$5,139$1,034
31 years$20,655$14,623$10,141$6,912$4,646$875
32 years$19,792$13,836$9,461$6,352$4,202$741
33 years$18,983$13,103$8,834$5,841$3,803$628
34 years$18,223$12,419$8,254$5,374$3,443$532
35 years$17,509$11,779$7,717$4,947$3,119$450
36 years$16,835$11,180$7,219$4,556$2,826$381
37 years$16,200$10,618$6,757$4,198$2,561$323
38 years$15,599$10,091$6,328$3,869$2,322$274
39 years$15,031$9,596$5,928$3,568$2,106$232
40 years$14,492$9,130$5,556$3,291$1,910$196
41 years$13,981$8,690$5,210$3,036$1,733$166
42 years$13,495$8,277$4,887$2,802$1,572$141
43 years$13,034$7,886$4,586$2,587$1,427$120
44 years$12,594$7,517$4,305$2,388$1,295$101
45 years$12,176$7,168$4,042$2,206$1,176$86
46 years$11,776$6,838$3,796$2,037$1,068$73
47 years$11,395$6,526$3,567$1,882$969$62
48 years$11,031$6,230$3,352$1,739$880$52
49 years$10,683$5,949$3,150$1,607$800$44
50 years$10,349$5,683$2,962$1,486$726$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $10,600,000, adding $4,594 every year, while hoping to spend $58,863 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: 52/30/18 Blend
54$10,600,000$10,600,000$10,600,000$10,600,000
55$11,685,939$11,124,139$10,959,839$12,235,786
56$12,815,275$11,606,592$11,264,364$13,096,389
57$14,057,830$12,110,712$11,577,117$14,025,397
58$15,425,091$12,637,499$11,898,313$15,034,574
59$16,929,714$13,188,000$12,228,170$16,131,544
60$18,585,643$13,763,310$12,566,912$17,324,683
61$20,408,243$14,364,577$12,914,768$18,623,201
62$22,414,445$14,993,002$13,271,973$20,037,222
63$24,622,903$15,649,844$13,638,769$21,577,875
64$27,054,172$16,336,420$14,015,401$23,257,401
65$29,730,903$17,054,110$14,402,122$25,089,259
66$32,678,052$17,804,358$14,799,190$27,088,256
67$35,923,120$18,588,678$15,206,870$29,270,674
68$39,496,410$19,408,655$15,625,432$31,654,429
69$43,431,313$20,265,949$16,055,154$34,259,229
70$47,764,624$21,162,298$16,496,318$37,106,758
71$52,536,887$22,099,522$16,949,216$40,220,877
72$57,792,780$23,079,528$17,414,145$43,627,844
73$63,581,533$24,104,315$17,891,409$47,356,556
74$69,957,397$25,175,973$18,381,318$51,438,816
75$76,980,151$26,296,695$18,884,192$55,909,630
76$84,715,669$27,468,776$19,400,355$60,807,530
77$93,236,542$28,694,621$19,930,142$66,174,931
78$102,622,760$29,976,748$20,473,892$72,058,528
79$112,962,469$31,317,796$21,031,955$78,509,727
80$124,352,802$32,720,530$21,604,687$85,585,126
81$136,900,796$34,187,844$22,192,452$93,347,041
82$150,724,402$35,722,774$22,795,624$101,864,087
83$165,953,598$37,328,496$23,414,584$111,211,816
84$182,731,613$39,008,340$24,049,721$121,473,428
85$201,216,284$40,765,796$24,701,433$132,740,540
86$221,581,543$42,604,517$25,370,128$145,114,049
87$244,019,055$44,528,333$26,056,223$158,705,069
88$268,740,034$46,541,257$26,760,141$173,635,976
89$295,977,230$48,647,491$27,482,319$190,041,550
90$325,987,130$50,851,441$28,223,199$208,070,238
91$359,052,377$53,157,721$28,983,236$227,885,541
92$395,484,438$55,571,168$29,762,893$249,667,551
93$435,626,544$58,096,848$30,562,643$273,614,637
94$479,856,929$60,740,072$31,382,969$299,945,303
95$528,592,403$63,506,402$32,224,366$328,900,241
96$582,292,282$66,401,670$33,087,336$360,744,586
97$641,462,727$69,431,985$33,972,395$395,770,409
98$706,661,522$72,603,749$34,880,067$434,299,454
99$778,503,337$75,923,671$35,810,888$476,686,163
100$857,665,530$79,398,784$36,765,405$523,321,005