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%13.1%
1 years$916,628$908,463$900,497$892,722$885,130$873,707
2 years$453,776$445,325$437,134$429,193$421,490$409,999
3 years$299,512$291,025$282,855$274,988$267,411$256,207
4 years$222,396$213,934$205,846$198,114$190,720$179,890
5 years$176,138$167,727$159,745$152,170$144,982$134,558
6 years$145,309$136,962$129,098$121,692$114,719$104,714
7 years$123,297$115,020$107,281$100,049$93,298$83,714
8 years$106,796$98,593$90,983$83,929$77,399$68,237
9 years$93,968$85,843$78,363$71,489$65,181$56,436
10 years$83,712$75,667$68,319$61,624$55,538$47,203
11 years$75,327$67,362$60,147$53,631$47,764$39,833
12 years$68,343$60,460$53,379$47,042$41,392$33,855
13 years$62,439$54,638$47,690$41,531$36,094$28,942
14 years$57,383$49,665$42,850$36,867$31,640$24,862
15 years$53,004$45,370$38,688$32,879$27,858$21,442
16 years$49,177$41,626$35,076$29,439$24,621$18,556
17 years$45,804$38,336$31,918$26,451$21,831$16,104
18 years$42,808$35,424$29,137$23,838$19,411$14,011
19 years$40,132$32,831$26,673$21,539$17,302$12,215
20 years$37,725$30,508$24,480$19,508$15,454$10,668
21 years$35,551$28,417$22,517$17,705$13,830$9,332
22 years$33,577$26,526$20,752$16,098$12,396$8,174
23 years$31,778$24,809$19,161$14,660$11,128$7,168
24 years$30,131$23,245$17,721$13,371$10,002$6,292
25 years$28,618$21,814$16,413$12,211$9,000$5,528
26 years$27,223$20,502$15,222$11,165$8,107$4,860
27 years$25,934$19,294$14,135$10,220$7,309$4,276
28 years$24,739$18,181$13,141$9,364$6,595$3,765
29 years$23,629$17,152$12,228$8,587$5,955$3,316
30 years$22,595$16,198$11,390$7,880$5,381$2,922
31 years$21,629$15,312$10,619$7,238$4,865$2,576
32 years$20,726$14,489$9,908$6,652$4,401$2,272
33 years$19,878$13,721$9,251$6,117$3,983$2,004
34 years$19,083$13,004$8,643$5,628$3,606$1,768
35 years$18,335$12,334$8,081$5,181$3,266$1,561
36 years$17,629$11,707$7,560$4,771$2,959$1,378
37 years$16,964$11,119$7,076$4,396$2,682$1,217
38 years$16,335$10,567$6,626$4,052$2,431$1,074
39 years$15,740$10,048$6,208$3,736$2,205$949
40 years$15,175$9,560$5,819$3,446$2,000$838
41 years$14,640$9,100$5,456$3,179$1,814$740
42 years$14,132$8,667$5,118$2,934$1,646$654
43 years$13,649$8,258$4,802$2,709$1,494$578
44 years$13,188$7,871$4,508$2,501$1,356$511
45 years$12,750$7,506$4,233$2,310$1,231$451
46 years$12,332$7,161$3,976$2,134$1,118$399
47 years$11,933$6,833$3,735$1,971$1,015$353
48 years$11,551$6,523$3,510$1,821$922$312
49 years$11,186$6,229$3,299$1,683$837$275
50 years$10,837$5,951$3,102$1,556$760$243

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 $4,587 every year, while hoping to spend $33,824 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: 59/32/9 Blend
54$11,100,000$11,100,000$11,100,000$11,100,000
55$12,236,931$11,648,631$11,476,581$12,933,542
56$13,449,110$12,183,426$11,825,058$13,936,821
57$14,783,797$12,743,292$12,184,076$15,026,027
58$16,253,453$13,329,422$12,553,951$16,212,816
59$17,871,808$13,943,066$12,935,011$17,506,565
60$19,653,990$14,585,534$13,327,592$18,917,583
61$21,616,672$15,258,200$13,732,041$20,457,201
62$23,778,223$15,962,503$14,148,715$22,137,880
63$26,158,888$16,699,951$14,577,983$23,973,323
64$28,780,971$17,472,126$15,020,222$25,978,599
65$31,669,055$18,280,684$15,475,824$28,170,282
66$34,850,224$19,127,363$15,945,189$30,566,604
67$38,354,326$20,013,983$16,428,733$33,187,621
68$42,214,253$20,942,454$16,926,881$36,055,398
69$46,466,247$21,914,774$17,440,071$39,194,212
70$51,150,248$22,933,042$17,968,758$42,630,778
71$56,310,267$23,999,455$18,513,405$46,394,491
72$61,994,803$25,116,317$19,074,492$50,517,702
73$68,257,299$26,286,043$19,652,515$55,036,017
74$75,156,649$27,511,165$20,247,980$59,988,625
75$82,757,752$28,794,337$20,861,412$65,418,660
76$91,132,124$30,138,340$21,493,350$71,373,605
77$100,358,574$31,546,092$22,144,351$77,905,731
78$110,523,948$33,020,650$22,814,985$85,072,584
79$121,723,947$34,565,218$23,505,844$92,937,517
80$134,064,032$36,183,156$24,217,532$101,570,283
81$147,660,419$37,877,987$24,950,676$111,047,685
82$162,641,177$39,653,403$25,705,918$121,454,288
83$179,147,433$41,513,275$26,483,922$132,883,214
84$197,334,707$43,461,663$27,285,370$145,437,004
85$217,374,382$45,502,819$28,110,965$159,228,581
86$239,455,318$47,641,206$28,961,430$174,382,303
87$263,785,634$49,881,499$29,837,512$191,035,126
88$290,594,678$52,228,601$30,739,978$209,337,882
89$320,135,186$54,687,653$31,669,618$229,456,695
90$352,685,671$57,264,044$32,627,246$251,574,535
91$388,553,051$59,963,424$33,613,701$275,892,928
92$428,075,548$62,791,717$34,629,845$302,633,848
93$471,625,876$65,755,134$35,676,568$332,041,794
94$519,614,767$68,860,188$36,754,784$364,386,088
95$572,494,841$72,113,705$37,865,437$399,963,393
96$630,764,883$75,522,844$39,009,497$439,100,503
97$694,974,549$79,095,112$40,187,964$482,157,407
98$765,729,559$82,838,377$41,401,866$529,530,668
99$843,697,408$86,760,892$42,652,263$581,657,149
100$929,613,677$90,871,309$43,940,247$639,018,114