Can I retire at age 55 with 10,800,000?

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 $10,800,000?

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$891,854$883,910$876,159$868,594$861,207$855,421
2 years$441,512$433,289$425,320$417,593$410,099$404,263
3 years$291,417$283,159$275,210$267,556$260,183$254,479
4 years$216,385$208,152$200,283$192,759$185,565$180,036
5 years$171,377$163,194$155,427$148,057$141,064$135,726
6 years$141,382$133,260$125,608$118,403$111,619$106,480
7 years$119,965$111,911$104,381$97,345$90,776$85,838
8 years$103,910$95,929$88,524$81,661$75,307$70,570
9 years$91,429$83,523$76,245$69,557$63,420$58,882
10 years$81,450$73,622$66,472$59,959$54,037$49,697
11 years$73,291$65,541$58,521$52,182$46,473$42,328
12 years$66,496$58,826$51,936$45,771$40,273$36,318
13 years$60,752$53,162$46,401$40,409$35,119$31,350
14 years$55,832$48,322$41,692$35,870$30,785$27,198
15 years$51,572$44,143$37,642$31,990$27,105$23,696
16 years$47,848$40,501$34,128$28,644$23,956$20,719
17 years$44,566$37,300$31,055$25,736$21,241$18,171
18 years$41,651$34,467$28,349$23,193$18,886$15,978
19 years$39,047$31,943$25,953$20,957$16,834$14,082
20 years$36,706$29,683$23,818$18,981$15,036$12,434
21 years$34,590$27,649$21,908$17,226$13,456$10,999
22 years$32,670$25,809$20,192$15,663$12,061$9,743
23 years$30,919$24,139$18,643$14,264$10,827$8,642
24 years$29,316$22,616$17,242$13,010$9,731$7,675
25 years$27,844$21,224$15,970$11,881$8,757$6,822
26 years$26,487$19,948$14,811$10,864$7,888$6,069
27 years$25,233$18,773$13,753$9,944$7,112$5,404
28 years$24,071$17,690$12,785$9,111$6,417$4,815
29 years$22,991$16,688$11,898$8,355$5,794$4,293
30 years$21,984$15,760$11,082$7,667$5,235$3,830
31 years$21,044$14,899$10,332$7,042$4,733$3,418
32 years$20,165$14,097$9,640$6,472$4,282$3,052
33 years$19,341$13,350$9,001$5,951$3,875$2,726
34 years$18,567$12,653$8,410$5,476$3,508$2,435
35 years$17,839$12,001$7,863$5,041$3,178$2,177
36 years$17,153$11,391$7,355$4,642$2,879$1,946
37 years$16,505$10,819$6,884$4,277$2,609$1,740
38 years$15,893$10,282$6,447$3,942$2,366$1,557
39 years$15,314$9,777$6,040$3,635$2,145$1,392
40 years$14,765$9,302$5,661$3,353$1,946$1,246
41 years$14,245$8,854$5,309$3,093$1,765$1,115
42 years$13,750$8,433$4,980$2,855$1,602$998
43 years$13,280$8,035$4,673$2,635$1,454$893
44 years$12,832$7,659$4,386$2,433$1,320$800
45 years$12,405$7,303$4,118$2,247$1,198$716
46 years$11,998$6,967$3,868$2,076$1,088$641
47 years$11,610$6,649$3,634$1,918$988$574
48 years$11,239$6,347$3,415$1,772$897$514
49 years$10,884$6,061$3,210$1,638$815$460
50 years$10,545$5,790$3,018$1,514$740$412

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $10,800,000, adding $2,743 every year, while hoping to spend $23,255 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: 36/46/18 Blend
54$10,800,000$10,800,000$10,800,000$10,800,000
55$11,904,429$11,332,029$11,164,629$12,267,654
56$13,093,938$11,862,556$11,513,901$13,062,331
57$14,403,997$12,418,298$11,874,094$13,917,284
58$15,846,878$13,000,468$12,245,550$14,839,778
59$17,436,104$13,610,336$12,628,620$15,835,858
60$19,186,576$14,249,231$13,023,668$16,912,144
61$21,114,713$14,918,550$13,431,067$18,075,894
62$23,238,610$15,619,755$13,851,204$19,335,063
63$25,578,205$16,354,380$14,284,477$20,698,377
64$28,155,472$17,124,034$14,731,296$22,175,404
65$30,994,620$17,930,402$15,192,085$23,776,641
66$34,122,331$18,775,252$15,667,279$25,513,608
67$37,568,006$19,660,436$16,157,330$27,398,946
68$41,364,043$20,587,898$16,662,702$29,446,534
69$45,546,145$21,559,675$17,183,872$31,671,606
70$50,153,656$22,577,902$17,721,335$34,090,893
71$55,229,929$23,644,820$18,275,600$36,722,771
72$60,822,741$24,762,775$18,847,192$39,587,424
73$66,984,739$25,934,230$19,436,652$42,707,026
74$73,773,941$27,161,766$20,044,538$46,105,945
75$81,254,279$28,448,089$20,671,427$49,810,956
76$89,496,207$29,796,037$21,317,911$53,851,490
77$98,577,362$31,208,584$21,984,603$58,259,896
78$108,583,300$32,688,852$22,672,134$63,071,739
79$119,608,302$34,240,111$23,381,156$68,326,122
80$131,756,264$35,865,791$24,112,339$74,066,043
81$145,141,676$37,569,489$24,866,376$80,338,787
82$159,890,709$39,354,975$25,643,981$87,196,360
83$176,142,397$41,226,205$26,445,891$94,695,966
84$194,049,957$43,187,324$27,272,863$102,900,531
85$213,782,230$45,242,681$28,125,682$111,879,281
86$235,525,279$47,396,834$29,005,154$121,708,382
87$259,484,143$49,654,564$29,912,112$132,471,638
88$285,884,773$52,020,885$30,847,415$144,261,268
89$314,976,164$54,501,053$31,811,948$157,178,754
90$347,032,708$57,100,580$32,806,623$171,335,783
91$382,356,783$59,825,246$33,832,383$186,855,279
92$421,281,605$62,681,114$34,890,199$203,872,541
93$464,174,379$65,674,538$35,981,070$222,536,499
94$511,439,760$68,812,185$37,106,031$243,011,098
95$563,523,677$72,101,044$38,266,144$265,476,817
96$620,917,541$75,548,444$39,462,509$290,132,349
97$684,162,885$79,162,072$40,696,258$317,196,452
98$753,856,474$82,949,988$41,968,557$346,909,981
99$830,655,941$86,920,645$43,280,611$379,538,136
100$915,285,997$91,082,906$44,633,661$415,372,930