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%13.6%
1 years$941,401$933,016$924,835$916,849$909,052$895,467
2 years$466,040$457,361$448,949$440,793$432,882$419,226
3 years$307,607$298,890$290,500$282,420$274,638$261,336
4 years$228,406$219,716$211,409$203,468$195,874$183,029
5 years$180,898$172,260$164,062$156,283$148,900$136,548
6 years$149,236$140,663$132,587$124,981$117,820$105,976
7 years$126,630$118,129$110,180$102,754$95,819$84,487
8 years$109,682$101,258$93,442$86,197$79,491$68,669
9 years$96,508$88,163$80,481$73,421$66,943$56,625
10 years$85,975$77,712$70,165$63,290$57,039$47,218
11 years$77,362$69,182$61,772$55,081$49,055$39,721
12 years$70,191$62,094$54,821$48,313$42,510$33,652
13 years$64,127$56,115$48,979$42,653$37,070$28,675
14 years$58,934$51,007$44,008$37,863$32,495$24,550
15 years$54,437$46,596$39,733$33,767$28,611$21,101
16 years$50,506$42,751$36,024$30,235$25,287$18,198
17 years$47,042$39,372$32,781$27,166$22,421$15,738
18 years$43,965$36,381$29,924$24,482$19,936$13,642
19 years$41,216$33,718$27,394$22,121$17,769$11,850
20 years$38,745$31,332$25,141$20,035$15,872$10,311
21 years$36,512$29,185$23,125$18,183$14,203$8,986
22 years$34,485$27,243$21,313$16,533$12,731$7,841
23 years$32,637$25,480$19,679$15,057$11,428$6,849
24 years$30,945$23,873$18,200$13,733$10,272$5,989
25 years$29,391$22,404$16,857$12,541$9,243$5,241
26 years$27,959$21,056$15,634$11,467$8,326$4,590
27 years$26,635$19,816$14,517$10,496$7,507$4,022
28 years$25,408$18,672$13,496$9,617$6,773$3,527
29 years$24,268$17,615$12,559$8,819$6,116$3,094
30 years$23,205$16,636$11,698$8,093$5,526$2,715
31 years$22,214$15,726$10,906$7,433$4,996$2,384
32 years$21,286$14,880$10,175$6,831$4,520$2,094
33 years$20,416$14,092$9,501$6,282$4,090$1,839
34 years$19,599$13,356$8,877$5,780$3,703$1,616
35 years$18,830$12,668$8,299$5,321$3,354$1,420
36 years$18,106$12,024$7,764$4,900$3,039$1,249
37 years$17,422$11,420$7,267$4,515$2,754$1,098
38 years$16,776$10,853$6,805$4,162$2,497$965
39 years$16,165$10,320$6,376$3,837$2,264$849
40 years$15,586$9,819$5,976$3,539$2,054$747
41 years$15,036$9,346$5,603$3,265$1,863$657
42 years$14,514$8,901$5,256$3,014$1,691$578
43 years$14,017$8,481$4,932$2,782$1,535$508
44 years$13,545$8,084$4,630$2,569$1,393$447
45 years$13,095$7,709$4,347$2,372$1,264$394
46 years$12,665$7,354$4,083$2,191$1,148$346
47 years$12,255$7,018$3,836$2,024$1,043$305
48 years$11,863$6,700$3,605$1,871$947$268
49 years$11,489$6,398$3,388$1,729$860$236
50 years$11,130$6,111$3,185$1,598$781$208

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 $5,191 every year, while hoping to spend $36,400 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: 43/36/21 Blend
54$11,400,000$11,400,000$11,400,000$11,400,000
55$12,568,155$11,963,955$11,787,255$13,031,493
56$13,811,377$12,511,459$12,143,398$13,907,683
57$15,180,188$13,084,571$12,510,253$14,852,442
58$16,687,360$13,684,507$12,888,139$15,875,291
59$18,346,965$14,312,543$13,277,385$16,983,452
60$20,174,510$14,970,013$13,678,333$18,184,851
61$22,187,085$15,658,317$14,091,332$19,488,191
62$24,403,517$16,378,925$14,516,741$20,903,026
63$26,844,556$17,133,372$14,954,932$22,439,849
64$29,533,065$17,923,272$15,406,286$24,110,187
65$32,494,238$18,750,313$15,871,198$25,926,702
66$35,755,838$19,616,266$16,350,071$27,903,305
67$39,348,458$20,522,988$16,843,323$30,055,286
68$43,305,810$21,472,422$17,351,383$32,399,445
69$47,665,041$22,466,610$17,874,692$34,954,253
70$52,467,088$23,507,686$18,413,707$37,740,013
71$57,757,060$24,597,892$18,968,896$40,779,049
72$63,584,667$25,739,576$19,540,741$44,095,908
73$70,004,686$26,935,198$20,129,738$47,717,583
74$77,077,480$28,187,338$20,736,401$51,673,764
75$84,869,566$29,498,702$21,361,254$55,997,107
76$93,454,247$30,872,123$22,004,841$60,723,534
77$102,912,296$32,310,573$22,667,719$65,892,565
78$113,332,727$33,817,168$23,350,464$71,547,681
79$124,813,628$35,395,172$24,053,667$77,736,723
80$137,463,091$37,048,008$24,777,938$84,512,337
81$151,400,231$38,779,265$25,523,904$91,932,459
82$166,756,311$40,592,705$26,292,211$100,060,850
83$183,675,978$42,492,271$27,083,523$108,967,685
84$202,318,632$44,482,098$27,898,526$118,730,209
85$222,859,931$46,566,518$28,737,924$129,433,447
86$245,493,442$48,750,076$29,602,444$141,170,998
87$270,432,479$51,037,536$30,492,831$154,045,903
88$297,912,106$53,433,889$31,409,856$168,171,604
89$328,191,365$55,944,373$32,354,309$183,672,997
90$361,555,712$58,574,476$33,327,007$200,687,601
91$398,319,721$61,329,952$34,328,788$219,366,834
92$438,830,047$64,216,834$35,360,517$239,877,428
93$483,468,700$67,241,447$36,423,082$262,402,984
94$532,656,653$70,410,423$37,517,401$287,145,688
95$586,857,812$73,730,714$38,644,414$314,328,197
96$646,583,400$77,209,610$39,805,093$344,195,723
97$712,396,780$80,854,754$41,000,437$377,018,324
98$784,918,773$84,674,159$42,231,474$413,093,432
99$864,833,522$88,676,227$43,499,262$452,748,638
100$952,894,946$92,869,767$44,804,892$496,344,757