Can I retire at age 55 with 11,400,000?

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 $11,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$941,401$933,016$924,835$916,849$909,052$884,208
2 years$466,040$457,361$448,949$440,793$432,882$408,033
3 years$307,607$298,890$290,500$282,420$274,638$250,563
4 years$228,406$219,716$211,409$203,468$195,874$172,757
5 years$180,898$172,260$164,062$156,283$148,900$126,805
6 years$149,236$140,663$132,587$124,981$117,820$96,768
7 years$126,630$118,129$110,180$102,754$95,819$75,811
8 years$109,682$101,258$93,442$86,197$79,491$60,516
9 years$96,508$88,163$80,481$73,421$66,943$48,983
10 years$85,975$77,712$70,165$63,290$57,039$40,071
11 years$77,362$69,182$61,772$55,081$49,055$33,054
12 years$70,191$62,094$54,821$48,313$42,510$27,444
13 years$64,127$56,115$48,979$42,653$37,070$22,908
14 years$58,934$51,007$44,008$37,863$32,495$19,203
15 years$54,437$46,596$39,733$33,767$28,611$16,155
16 years$50,506$42,751$36,024$30,235$25,287$13,629
17 years$47,042$39,372$32,781$27,166$22,421$11,527
18 years$43,965$36,381$29,924$24,482$19,936$9,768
19 years$41,216$33,718$27,394$22,121$17,769$8,292
20 years$38,745$31,332$25,141$20,035$15,872$7,049
21 years$36,512$29,185$23,125$18,183$14,203$5,999
22 years$34,485$27,243$21,313$16,533$12,731$5,111
23 years$32,637$25,480$19,679$15,057$11,428$4,358
24 years$30,945$23,873$18,200$13,733$10,272$3,719
25 years$29,391$22,404$16,857$12,541$9,243$3,175
26 years$27,959$21,056$15,634$11,467$8,326$2,712
27 years$26,635$19,816$14,517$10,496$7,507$2,318
28 years$25,408$18,672$13,496$9,617$6,773$1,982
29 years$24,268$17,615$12,559$8,819$6,116$1,695
30 years$23,205$16,636$11,698$8,093$5,526$1,450
31 years$22,214$15,726$10,906$7,433$4,996$1,241
32 years$21,286$14,880$10,175$6,831$4,520$1,062
33 years$20,416$14,092$9,501$6,282$4,090$909
34 years$19,599$13,356$8,877$5,780$3,703$778
35 years$18,830$12,668$8,299$5,321$3,354$666
36 years$18,106$12,024$7,764$4,900$3,039$571
37 years$17,422$11,420$7,267$4,515$2,754$489
38 years$16,776$10,853$6,805$4,162$2,497$419
39 years$16,165$10,320$6,376$3,837$2,264$359
40 years$15,586$9,819$5,976$3,539$2,054$307
41 years$15,036$9,346$5,603$3,265$1,863$263
42 years$14,514$8,901$5,256$3,014$1,691$225
43 years$14,017$8,481$4,932$2,782$1,535$193
44 years$13,545$8,084$4,630$2,569$1,393$165
45 years$13,095$7,709$4,347$2,372$1,264$142
46 years$12,665$7,354$4,083$2,191$1,148$121
47 years$12,255$7,018$3,836$2,024$1,043$104
48 years$11,863$6,700$3,605$1,871$947$89
49 years$11,489$6,398$3,388$1,729$860$76
50 years$11,130$6,111$3,185$1,598$781$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $11,400,000, adding $3,804 every year, while hoping to spend $43,140 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: 60/18/22 Blend
54$11,400,000$11,400,000$11,400,000$11,400,000
55$12,566,724$11,962,524$11,785,824$13,247,321
56$13,802,629$12,502,787$12,134,748$14,249,705
57$15,163,151$13,068,077$12,493,916$15,337,795
58$16,660,954$13,659,575$12,863,624$16,524,006
59$18,309,995$14,278,518$13,244,179$17,817,866
60$20,125,652$14,926,202$13,635,896$19,229,861
61$22,124,868$15,603,986$14,039,099$20,771,525
62$24,326,316$16,313,293$14,454,120$22,455,548
63$26,750,570$17,055,614$14,881,303$24,295,894
64$29,420,302$17,832,513$15,321,000$26,307,927
65$32,360,494$18,645,626$15,773,574$28,508,559
66$35,598,673$19,496,671$16,239,398$30,916,400
67$39,165,175$20,387,446$16,718,856$33,551,934
68$43,093,427$21,319,834$17,212,341$36,437,709
69$47,420,262$22,295,812$17,720,261$39,598,545
70$52,186,271$23,317,449$18,243,031$43,061,765
71$57,436,181$24,386,914$18,781,083$46,857,451
72$63,219,279$25,506,481$19,334,857$51,018,722
73$69,589,879$26,678,531$19,904,808$55,582,043
74$76,607,830$27,905,563$20,491,402$60,587,564
75$84,339,085$29,190,192$21,095,121$66,079,496
76$92,856,322$30,535,161$21,716,457$72,106,525
77$102,239,628$31,943,346$22,355,920$78,722,263
78$112,577,258$33,417,758$23,014,032$85,985,753
79$123,966,467$34,961,556$23,691,330$93,962,016
80$136,514,423$36,578,049$24,388,366$102,722,664
81$150,339,228$38,270,707$25,105,710$112,346,571
82$165,571,023$40,043,166$25,843,945$122,920,605
83$182,353,223$41,899,236$26,603,673$134,540,449
84$200,843,867$43,842,914$27,385,511$147,311,493
85$221,217,111$45,878,386$28,190,095$161,349,824
86$243,664,871$48,010,043$29,018,079$176,783,317
87$268,398,638$50,242,484$29,870,134$193,752,828
88$295,651,466$52,580,533$30,746,951$212,413,523
89$325,680,183$55,029,246$31,649,241$232,936,332
90$358,767,805$57,593,923$32,577,734$255,509,553
91$395,226,214$60,280,118$33,533,181$280,340,622
92$435,399,100$63,093,656$34,516,354$307,658,061
93$479,665,204$66,040,641$35,528,048$337,713,630
94$528,441,896$69,127,473$36,569,079$370,784,686
95$582,189,112$72,360,862$37,640,285$407,176,797
96$641,413,697$75,747,840$38,742,531$447,226,615
97$706,674,191$79,295,781$39,876,703$491,305,039
98$778,586,098$83,012,415$41,043,712$539,820,709
99$857,827,702$86,905,844$42,244,498$593,223,849
100$945,146,462$90,984,565$43,480,023$652,010,503