Can I retire at age 55 with 11,600,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $11,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$957,917$949,385$941,060$932,934$925,000$893,247
2 years$474,216$465,385$456,825$448,526$440,476$408,809
3 years$313,004$304,134$295,596$287,375$279,456$248,869
4 years$232,413$223,571$215,118$207,038$199,311$170,038
5 years$184,072$175,282$166,941$159,025$151,513$123,631
6 years$151,855$143,131$134,913$127,173$119,887$93,419
7 years$128,851$120,201$112,113$104,556$97,500$72,441
8 years$111,607$103,035$95,081$87,710$80,886$57,216
9 years$98,201$89,710$81,893$74,709$68,118$45,808
10 years$87,483$79,075$71,396$64,400$58,040$37,053
11 years$78,720$70,396$62,856$56,047$49,916$30,211
12 years$71,422$63,184$55,783$49,161$43,256$24,787
13 years$65,252$57,100$49,839$43,402$37,720$20,438
14 years$59,968$51,902$44,780$38,527$33,065$16,921
15 years$55,392$47,413$40,431$34,360$29,113$14,055
16 years$51,392$43,501$36,656$30,765$25,730$11,705
17 years$47,867$40,063$33,356$27,642$22,814$9,770
18 years$44,737$37,020$30,449$24,911$20,285$8,169
19 years$41,939$34,309$27,875$22,509$18,081$6,841
20 years$39,425$31,882$25,582$20,387$16,150$5,736
21 years$37,153$29,697$23,531$18,502$14,453$4,814
22 years$35,090$27,721$21,687$16,823$12,955$4,044
23 years$33,209$25,927$20,024$15,321$11,629$3,400
24 years$31,488$24,292$18,519$13,973$10,452$2,860
25 years$29,907$22,797$17,152$12,761$9,405$2,407
26 years$28,449$21,425$15,908$11,668$8,472$2,027
27 years$27,102$20,164$14,772$10,680$7,638$1,707
28 years$25,854$19,000$13,732$9,785$6,892$1,438
29 years$24,694$17,924$12,779$8,973$6,223$1,212
30 years$23,613$16,928$11,903$8,235$5,623$1,022
31 years$22,603$16,002$11,097$7,564$5,084$861
32 years$21,659$15,141$10,354$6,951$4,599$726
33 years$20,774$14,339$9,667$6,392$4,162$612
34 years$19,943$13,590$9,033$5,881$3,768$517
35 years$19,160$12,890$8,445$5,414$3,413$436
36 years$18,423$12,235$7,900$4,986$3,092$367
37 years$17,728$11,620$7,394$4,594$2,803$310
38 years$17,071$11,043$6,924$4,235$2,541$262
39 years$16,449$10,501$6,487$3,904$2,304$221
40 years$15,859$9,991$6,081$3,601$2,090$186
41 years$15,300$9,510$5,702$3,323$1,896$157
42 years$14,768$9,057$5,348$3,066$1,720$133
43 years$14,263$8,630$5,019$2,831$1,561$112
44 years$13,782$8,226$4,711$2,614$1,417$94
45 years$13,324$7,844$4,423$2,414$1,287$80
46 years$12,887$7,483$4,155$2,230$1,168$67
47 years$12,470$7,141$3,903$2,060$1,061$57
48 years$12,072$6,817$3,668$1,903$963$48
49 years$11,690$6,510$3,448$1,759$875$40
50 years$11,326$6,219$3,241$1,626$795$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $11,600,000, adding $5,921 every year, while hoping to spend $50,525 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: 79/16/5 Blend
54$11,600,000$11,600,000$11,600,000$11,600,000
55$12,789,308$12,174,508$11,994,708$13,796,761
56$14,040,059$12,717,300$12,342,772$15,000,122
57$15,416,693$13,284,996$12,700,803$16,312,528
58$16,931,997$13,878,763$13,069,082$17,750,568
59$18,600,061$14,499,822$13,447,896$19,326,727
60$20,436,409$15,149,455$13,837,542$21,054,751
61$22,458,147$15,829,002$14,238,324$22,949,774
62$24,684,125$16,539,871$14,650,555$25,028,459
63$27,135,113$17,283,531$15,074,556$27,309,150
64$29,833,998$18,061,528$15,510,657$29,812,049
65$32,805,998$18,875,476$15,959,197$32,559,400
66$36,078,905$19,727,068$16,420,524$35,575,699
67$39,683,338$20,618,080$16,894,997$38,887,920
68$43,653,042$21,550,369$17,382,983$42,525,772
69$48,025,199$22,525,884$17,884,859$46,521,970
70$52,840,781$23,546,665$18,401,014$50,912,549
71$58,144,939$24,614,849$18,931,846$55,737,193
72$63,987,425$25,732,678$19,477,765$61,039,614
73$70,423,062$26,902,500$20,039,190$66,867,956
74$77,512,266$28,126,774$20,616,554$73,275,251
75$85,321,609$29,408,078$21,210,301$80,319,911
76$93,924,452$30,749,113$21,820,885$88,066,281
77$103,401,637$32,152,710$22,448,775$96,585,238
78$113,842,246$33,621,835$23,094,452$105,954,860
79$125,344,448$35,159,597$23,758,408$116,261,156
80$138,016,418$36,769,254$24,441,151$127,598,877
81$151,977,364$38,454,219$25,143,202$140,072,401
82$167,358,650$40,218,071$25,865,094$153,796,721
83$184,305,035$42,064,558$26,607,377$168,898,518
84$202,976,038$43,997,612$27,370,614$185,517,357
85$223,547,449$46,021,349$28,155,384$203,806,996
86$246,212,980$48,140,087$28,962,281$223,936,835
87$271,186,102$50,358,350$29,791,916$246,093,507
88$298,702,054$52,680,878$30,644,914$270,482,635
89$329,020,064$55,112,642$31,521,919$297,330,767
90$362,425,799$57,658,850$32,423,592$326,887,505
91$399,234,058$60,324,961$33,350,610$359,427,861
92$439,791,746$63,116,697$34,303,669$395,254,839
93$484,481,146$66,040,057$35,283,484$434,702,291
94$533,723,529$69,101,327$36,290,787$478,138,062
95$587,983,134$72,307,096$37,326,333$525,967,452
96$647,771,541$75,664,272$38,390,893$578,637,035
97$713,652,511$79,180,094$39,485,261$636,638,865
98$786,247,301$82,862,152$40,610,251$700,515,111
99$866,240,530$86,718,402$41,766,698$770,863,170
100$954,386,642$90,757,182$42,955,460$848,341,289