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

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 $11,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$957,917$949,385$941,060$932,934$925,000$891,826
2 years$474,216$465,385$456,825$448,526$440,476$407,412
3 years$313,004$304,134$295,596$287,375$279,456$247,542
4 years$232,413$223,571$215,118$207,038$199,311$168,790
5 years$184,072$175,282$166,941$159,025$151,513$122,466
6 years$151,855$143,131$134,913$127,173$119,887$92,335
7 years$128,851$120,201$112,113$104,556$97,500$71,437
8 years$111,607$103,035$95,081$87,710$80,886$56,290
9 years$98,201$89,710$81,893$74,709$68,118$44,955
10 years$87,483$79,075$71,396$64,400$58,040$36,272
11 years$78,720$70,396$62,856$56,047$49,916$29,497
12 years$71,422$63,184$55,783$49,161$43,256$24,137
13 years$65,252$57,100$49,839$43,402$37,720$19,848
14 years$59,968$51,902$44,780$38,527$33,065$16,387
15 years$55,392$47,413$40,431$34,360$29,113$13,572
16 years$51,392$43,501$36,656$30,765$25,730$11,270
17 years$47,867$40,063$33,356$27,642$22,814$9,379
18 years$44,737$37,020$30,449$24,911$20,285$7,819
19 years$41,939$34,309$27,875$22,509$18,081$6,528
20 years$39,425$31,882$25,582$20,387$16,150$5,457
21 years$37,153$29,697$23,531$18,502$14,453$4,566
22 years$35,090$27,721$21,687$16,823$12,955$3,824
23 years$33,209$25,927$20,024$15,321$11,629$3,204
24 years$31,488$24,292$18,519$13,973$10,452$2,687
25 years$29,907$22,797$17,152$12,761$9,405$2,254
26 years$28,449$21,425$15,908$11,668$8,472$1,892
27 years$27,102$20,164$14,772$10,680$7,638$1,588
28 years$25,854$19,000$13,732$9,785$6,892$1,334
29 years$24,694$17,924$12,779$8,973$6,223$1,120
30 years$23,613$16,928$11,903$8,235$5,623$941
31 years$22,603$16,002$11,097$7,564$5,084$791
32 years$21,659$15,141$10,354$6,951$4,599$665
33 years$20,774$14,339$9,667$6,392$4,162$559
34 years$19,943$13,590$9,033$5,881$3,768$470
35 years$19,160$12,890$8,445$5,414$3,413$395
36 years$18,423$12,235$7,900$4,986$3,092$332
37 years$17,728$11,620$7,394$4,594$2,803$279
38 years$17,071$11,043$6,924$4,235$2,541$235
39 years$16,449$10,501$6,487$3,904$2,304$197
40 years$15,859$9,991$6,081$3,601$2,090$166
41 years$15,300$9,510$5,702$3,323$1,896$140
42 years$14,768$9,057$5,348$3,066$1,720$117
43 years$14,263$8,630$5,019$2,831$1,561$99
44 years$13,782$8,226$4,711$2,614$1,417$83
45 years$13,324$7,844$4,423$2,414$1,287$70
46 years$12,887$7,483$4,155$2,230$1,168$59
47 years$12,470$7,141$3,903$2,060$1,061$49
48 years$12,072$6,817$3,668$1,903$963$42
49 years$11,690$6,510$3,448$1,759$875$35
50 years$11,326$6,219$3,241$1,626$795$29

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 $2,275 every year, while hoping to spend $37,979 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: 61/34/5 Blend
54$11,600,000$11,600,000$11,600,000$11,600,000
55$12,785,547$12,170,747$11,990,947$13,554,962
56$14,049,263$12,726,704$12,352,234$14,624,859
57$15,440,606$13,308,630$12,724,352$15,787,029
58$16,972,552$13,917,758$13,107,622$17,053,996
59$18,659,403$14,555,378$13,502,378$18,435,853
60$20,516,915$15,222,845$13,908,961$19,943,691
61$22,562,453$15,921,577$14,327,723$21,589,708
62$24,815,149$16,653,060$14,759,028$23,387,314
63$27,296,087$17,418,853$15,203,248$25,351,256
64$30,028,499$18,220,588$15,660,768$27,497,755
65$33,037,986$19,059,977$16,131,984$29,844,650
66$36,352,758$19,938,813$16,617,303$32,411,566
67$40,003,901$20,858,976$17,117,144$35,220,091
68$44,025,669$21,822,436$17,631,939$38,293,979
69$48,455,812$22,831,260$18,162,133$41,659,363
70$53,335,924$23,887,611$18,708,184$45,345,000
71$58,711,842$24,993,758$19,270,562$49,382,538
72$64,634,077$26,152,079$19,849,753$53,806,803
73$71,158,290$27,365,068$20,446,256$58,656,126
74$78,345,815$28,635,336$21,060,586$63,972,697
75$86,264,244$29,965,623$21,693,271$69,802,957
76$94,988,057$31,358,799$22,344,856$76,198,024
77$104,599,333$32,817,874$23,015,903$83,214,177
78$115,188,517$34,346,003$23,706,988$90,913,369
79$126,855,280$35,946,491$24,418,706$99,363,812
80$139,709,455$37,622,805$25,151,669$108,640,605
81$153,872,077$39,378,580$25,906,507$118,826,439
82$169,476,522$41,217,623$26,683,868$130,012,365
83$186,669,769$43,143,929$27,484,420$142,298,644
84$205,613,787$45,161,683$28,308,849$155,795,682
85$226,487,061$47,275,273$29,157,863$170,625,065
86$249,486,280$49,489,300$30,032,191$186,920,688
87$274,828,192$51,808,587$30,932,580$204,830,013
88$302,751,649$54,238,190$31,859,804$224,515,444
89$333,519,866$56,783,410$32,814,656$246,155,851
90$367,422,898$59,449,803$33,797,952$269,948,240
91$404,780,386$62,243,195$34,810,536$296,109,602
92$445,944,568$65,169,695$35,853,272$324,878,941
93$491,303,610$68,235,705$36,927,052$356,519,520
94$541,285,263$71,447,941$38,032,794$391,321,325
95$596,360,909$74,813,439$39,171,442$429,603,787
96$657,050,004$78,339,579$40,343,967$471,718,778
97$723,924,986$82,034,100$41,551,371$518,053,913
98$797,616,676$85,905,113$42,794,684$569,036,190
99$878,820,236$89,961,122$44,074,965$625,135,999
100$968,301,729$94,211,045$45,393,304$686,871,540