Can I retire at age 55 with 11,100,000?

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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$916,628$908,463$900,497$892,722$885,130$870,825
2 years$453,776$445,325$437,134$429,193$421,490$407,118
3 years$299,512$291,025$282,855$274,988$267,411$253,418
4 years$222,396$213,934$205,846$198,114$190,720$177,214
5 years$176,138$167,727$159,745$152,170$144,982$132,003
6 years$145,309$136,962$129,098$121,692$114,719$102,282
7 years$123,297$115,020$107,281$100,049$93,298$81,405
8 years$106,796$98,593$90,983$83,929$77,399$66,050
9 years$93,968$85,843$78,363$71,489$65,181$54,369
10 years$83,712$75,667$68,319$61,624$55,538$45,253
11 years$75,327$67,362$60,147$53,631$47,764$37,997
12 years$68,343$60,460$53,379$47,042$41,392$32,129
13 years$62,439$54,638$47,690$41,531$36,094$27,323
14 years$57,383$49,665$42,850$36,867$31,640$23,346
15 years$53,004$45,370$38,688$32,879$27,858$20,025
16 years$49,177$41,626$35,076$29,439$24,621$17,234
17 years$45,804$38,336$31,918$26,451$21,831$14,872
18 years$42,808$35,424$29,137$23,838$19,411$12,864
19 years$40,132$32,831$26,673$21,539$17,302$11,150
20 years$37,725$30,508$24,480$19,508$15,454$9,680
21 years$35,551$28,417$22,517$17,705$13,830$8,417
22 years$33,577$26,526$20,752$16,098$12,396$7,327
23 years$31,778$24,809$19,161$14,660$11,128$6,386
24 years$30,131$23,245$17,721$13,371$10,002$5,571
25 years$28,618$21,814$16,413$12,211$9,000$4,864
26 years$27,223$20,502$15,222$11,165$8,107$4,249
27 years$25,934$19,294$14,135$10,220$7,309$3,715
28 years$24,739$18,181$13,141$9,364$6,595$3,249
29 years$23,629$17,152$12,228$8,587$5,955$2,843
30 years$22,595$16,198$11,390$7,880$5,381$2,489
31 years$21,629$15,312$10,619$7,238$4,865$2,180
32 years$20,726$14,489$9,908$6,652$4,401$1,910
33 years$19,878$13,721$9,251$6,117$3,983$1,674
34 years$19,083$13,004$8,643$5,628$3,606$1,467
35 years$18,335$12,334$8,081$5,181$3,266$1,286
36 years$17,629$11,707$7,560$4,771$2,959$1,128
37 years$16,964$11,119$7,076$4,396$2,682$989
38 years$16,335$10,567$6,626$4,052$2,431$867
39 years$15,740$10,048$6,208$3,736$2,205$761
40 years$15,175$9,560$5,819$3,446$2,000$667
41 years$14,640$9,100$5,456$3,179$1,814$586
42 years$14,132$8,667$5,118$2,934$1,646$514
43 years$13,649$8,258$4,802$2,709$1,494$451
44 years$13,188$7,871$4,508$2,501$1,356$396
45 years$12,750$7,506$4,233$2,310$1,231$347
46 years$12,332$7,161$3,976$2,134$1,118$305
47 years$11,933$6,833$3,735$1,971$1,015$267
48 years$11,551$6,523$3,510$1,821$922$235
49 years$11,186$6,229$3,299$1,683$837$206
50 years$10,837$5,951$3,102$1,556$760$181

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $11,100,000, adding $2,153 every year, while hoping to spend $50,224 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: 80/6/14 Blend
54$11,100,000$11,100,000$11,100,000$11,100,000
55$12,234,421$11,646,121$11,474,071$13,178,857
56$13,428,894$12,163,343$11,805,014$14,317,309
57$14,743,520$12,704,225$12,145,361$15,559,722
58$16,190,501$13,269,875$12,495,373$16,921,781
59$17,783,284$13,861,450$12,855,319$18,415,452
60$19,536,683$14,480,165$13,225,477$20,053,913
61$21,467,023$15,127,292$13,606,128$21,851,678
62$23,592,292$15,804,162$13,997,566$23,824,730
63$25,932,311$16,512,171$14,400,090$25,990,674
64$28,508,920$17,252,781$14,814,007$28,368,904
65$31,346,186$18,027,523$15,239,632$30,980,776
66$34,470,628$18,838,003$15,677,291$33,849,819
67$37,911,468$19,685,901$16,127,316$37,001,949
68$41,700,906$20,572,978$16,590,049$40,465,714
69$45,874,424$21,501,080$17,065,842$44,272,563
70$50,471,122$22,472,140$17,555,054$48,457,139
71$55,534,085$23,488,183$18,058,057$53,057,608
72$61,110,789$24,551,331$18,575,229$58,116,014
73$67,253,552$25,663,809$19,106,962$63,678,677
74$74,020,026$26,827,947$19,653,657$69,796,626
75$81,473,738$28,046,186$20,215,723$76,526,082
76$89,684,694$29,321,083$20,793,585$83,928,985
77$98,730,037$30,655,321$21,387,675$92,073,575
78$108,694,777$32,051,708$21,998,438$101,035,038
79$119,672,590$33,513,188$22,626,331$110,896,210
80$131,766,705$35,042,845$23,271,824$121,748,361
81$145,090,876$36,643,911$23,935,398$133,692,050
82$159,770,458$38,319,775$24,617,546$146,838,075
83$175,943,586$40,073,986$25,318,775$161,308,512
84$193,762,485$41,910,265$26,039,608$177,237,873
85$213,394,901$43,832,509$26,780,576$194,774,365
86$235,025,684$45,844,806$27,542,229$214,081,291
87$258,858,540$47,951,438$28,325,130$235,338,587
88$285,117,944$50,156,891$29,129,855$258,744,517
89$314,051,267$52,465,871$29,956,997$284,517,546
90$345,931,103$54,883,306$30,807,164$312,898,392
91$381,057,852$57,414,364$31,680,980$344,152,301
92$419,762,544$60,064,460$32,579,084$378,571,547
93$462,409,975$62,839,269$33,502,134$416,478,183
94$509,402,140$65,744,741$34,450,804$458,227,082
95$561,182,036$68,787,111$35,425,783$504,209,283
96$618,237,838$71,972,914$36,427,782$554,855,676
97$681,107,513$75,309,002$37,457,528$610,641,068
98$750,383,891$78,802,555$38,515,767$672,088,659
99$826,720,267$82,461,100$39,603,264$739,774,980
100$910,836,566$86,292,525$40,720,805$814,335,326