Can I retire at age 55 with 11,900,000?

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 $11,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$982,691$973,938$965,398$957,062$948,923$933,587
2 years$486,481$477,420$468,640$460,126$451,868$436,459
3 years$321,099$311,999$303,241$294,807$286,684$271,682
4 years$238,424$229,353$220,682$212,392$204,465$189,986
5 years$188,832$179,815$171,258$163,137$155,431$141,517
6 years$155,782$146,833$138,402$130,462$122,987$109,653
7 years$132,184$123,310$115,013$107,260$100,022$87,272
8 years$114,493$105,699$97,540$89,978$82,978$70,810
9 years$100,741$92,030$84,011$76,641$69,879$58,287
10 years$89,746$81,120$73,243$66,065$59,541$48,515
11 years$80,756$72,217$64,482$57,497$51,207$40,736
12 years$73,269$64,818$57,226$50,432$44,375$34,445
13 years$66,939$58,576$51,128$44,524$38,696$29,292
14 years$61,518$53,244$45,938$39,524$33,920$25,028
15 years$56,825$48,640$41,476$35,248$29,866$21,469
16 years$52,721$44,626$37,604$31,561$26,396$18,476
17 years$49,105$41,099$34,218$28,357$23,404$15,944
18 years$45,894$37,977$31,237$25,556$20,810$13,791
19 years$43,024$35,197$28,596$23,092$18,548$11,953
20 years$40,444$32,707$26,244$20,914$16,568$10,378
21 years$38,113$30,465$24,139$18,981$14,826$9,023
22 years$35,997$28,438$22,248$17,258$13,290$7,855
23 years$34,068$26,597$20,542$15,717$11,930$6,846
24 years$32,302$24,920$18,998$14,335$10,723$5,972
25 years$30,680$23,386$17,596$13,091$9,649$5,214
26 years$29,185$21,979$16,319$11,970$8,691$4,556
27 years$27,803$20,685$15,154$10,957$7,836$3,983
28 years$26,523$19,491$14,088$10,039$7,070$3,483
29 years$25,332$18,388$13,110$9,206$6,384$3,048
30 years$24,223$17,365$12,211$8,448$5,769$2,669
31 years$23,188$16,416$11,384$7,759$5,215$2,337
32 years$22,219$15,533$10,622$7,131$4,718$2,047
33 years$21,311$14,710$9,917$6,557$4,270$1,794
34 years$20,458$13,942$9,266$6,033$3,866$1,573
35 years$19,656$13,223$8,663$5,554$3,501$1,379
36 years$18,900$12,551$8,104$5,115$3,172$1,209
37 years$18,186$11,921$7,586$4,713$2,875$1,060
38 years$17,512$11,329$7,104$4,344$2,607$930
39 years$16,874$10,773$6,655$4,005$2,364$816
40 years$16,269$10,249$6,238$3,694$2,144$715
41 years$15,695$9,756$5,849$3,409$1,945$628
42 years$15,150$9,292$5,487$3,146$1,765$551
43 years$14,632$8,853$5,149$2,904$1,602$483
44 years$14,139$8,439$4,833$2,681$1,454$424
45 years$13,669$8,047$4,538$2,476$1,320$372
46 years$13,221$7,677$4,262$2,287$1,198$327
47 years$12,793$7,326$4,004$2,113$1,088$287
48 years$12,384$6,994$3,763$1,953$988$252
49 years$11,993$6,678$3,537$1,805$898$221
50 years$11,619$6,379$3,325$1,668$815$194

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $11,900,000, adding $3,562 every year, while hoping to spend $32,086 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: 54/16/30 Blend
54$11,900,000$11,900,000$11,900,000$11,900,000
55$13,117,474$12,486,774$12,302,324$13,715,794
56$14,421,317$13,064,487$12,680,313$14,708,603
57$15,857,077$13,669,432$13,069,889$15,785,395
58$17,438,175$14,302,910$13,471,406$16,957,170
59$19,179,401$14,966,285$13,885,230$18,233,069
60$21,097,051$15,660,984$14,311,737$19,623,147
61$23,209,085$16,388,507$14,751,314$21,138,463
62$25,535,290$17,150,422$15,204,362$22,791,180
63$28,097,472$17,948,376$15,671,291$24,594,678
64$30,919,662$18,784,093$16,152,526$26,563,678
65$34,028,336$19,659,383$16,648,505$28,714,375
66$37,452,673$20,576,140$17,159,677$31,064,591
67$41,224,827$21,536,351$17,686,507$33,633,936
68$45,380,227$22,542,101$18,229,473$36,443,994
69$49,957,918$23,595,571$18,789,068$39,518,517
70$55,000,924$24,699,053$19,365,800$42,883,651
71$60,556,657$25,854,945$19,960,193$46,568,174
72$66,677,362$27,065,763$20,572,785$50,603,766
73$73,420,613$28,334,145$21,204,133$55,025,303
74$80,849,853$29,662,856$21,854,809$59,871,181
75$89,034,996$31,054,794$22,525,404$65,183,674
76$98,053,085$32,512,999$23,216,524$71,009,327
77$107,989,020$34,040,656$23,928,798$77,399,392
78$118,936,358$35,641,106$24,662,870$84,410,302
79$130,998,196$37,317,850$25,419,406$92,104,205
80$144,288,147$39,074,560$26,199,092$100,549,537
81$158,931,410$40,915,084$27,002,633$109,821,667
82$175,065,950$42,843,460$27,830,758$120,003,598
83$192,843,805$44,863,918$28,684,216$131,186,748
84$212,432,517$46,980,893$29,563,781$143,471,802
85$234,016,714$49,199,037$30,470,248$156,969,657
86$257,799,856$51,523,228$31,404,439$171,802,460
87$284,006,152$53,958,576$32,367,198$188,104,754
88$312,882,678$56,510,444$33,359,397$206,024,738
89$344,701,707$59,184,453$34,381,933$225,725,661
90$379,763,286$61,986,495$35,435,732$247,387,349
91$418,398,058$64,922,751$36,521,746$271,207,894
92$460,970,393$67,999,699$37,640,958$297,405,518
93$507,881,822$71,224,132$38,794,379$326,220,618
94$559,574,829$74,603,176$39,983,051$357,918,026
95$616,537,027$78,144,298$41,208,050$392,789,499
96$679,305,766$81,855,330$42,470,481$431,156,460
97$748,473,197$85,744,484$43,771,486$473,373,018
98$824,691,871$89,820,372$45,112,239$519,829,304
99$908,680,894$94,092,022$46,493,950$570,955,134
100$1,001,232,716$98,568,903$47,917,869$627,224,056