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%15.3%
1 years$982,691$973,938$965,398$957,062$948,923$928,246
2 years$486,481$477,420$468,640$460,126$451,868$431,141
3 years$321,099$311,999$303,241$294,807$286,684$266,553
4 years$238,424$229,353$220,682$212,392$204,465$185,086
5 years$188,832$179,815$171,258$163,137$155,431$136,858
6 years$155,782$146,833$138,402$130,462$122,987$105,240
7 years$132,184$123,310$115,013$107,260$100,022$83,103
8 years$114,493$105,699$97,540$89,978$82,978$66,883
9 years$100,741$92,030$84,011$76,641$69,879$54,596
10 years$89,746$81,120$73,243$66,065$59,541$45,053
11 years$80,756$72,217$64,482$57,497$51,207$37,496
12 years$73,269$64,818$57,226$50,432$44,375$31,420
13 years$66,939$58,576$51,128$44,524$38,696$26,473
14 years$61,518$53,244$45,938$39,524$33,920$22,406
15 years$56,825$48,640$41,476$35,248$29,866$19,034
16 years$52,721$44,626$37,604$31,561$26,396$16,220
17 years$49,105$41,099$34,218$28,357$23,404$13,858
18 years$45,894$37,977$31,237$25,556$20,810$11,865
19 years$43,024$35,197$28,596$23,092$18,548$10,178
20 years$40,444$32,707$26,244$20,914$16,568$8,744
21 years$38,113$30,465$24,139$18,981$14,826$7,522
22 years$35,997$28,438$22,248$17,258$13,290$6,479
23 years$34,068$26,597$20,542$15,717$11,930$5,585
24 years$32,302$24,920$18,998$14,335$10,723$4,819
25 years$30,680$23,386$17,596$13,091$9,649$4,161
26 years$29,185$21,979$16,319$11,970$8,691$3,595
27 years$27,803$20,685$15,154$10,957$7,836$3,107
28 years$26,523$19,491$14,088$10,039$7,070$2,687
29 years$25,332$18,388$13,110$9,206$6,384$2,325
30 years$24,223$17,365$12,211$8,448$5,769$2,012
31 years$23,188$16,416$11,384$7,759$5,215$1,742
32 years$22,219$15,533$10,622$7,131$4,718$1,508
33 years$21,311$14,710$9,917$6,557$4,270$1,306
34 years$20,458$13,942$9,266$6,033$3,866$1,131
35 years$19,656$13,223$8,663$5,554$3,501$980
36 years$18,900$12,551$8,104$5,115$3,172$849
37 years$18,186$11,921$7,586$4,713$2,875$736
38 years$17,512$11,329$7,104$4,344$2,607$638
39 years$16,874$10,773$6,655$4,005$2,364$553
40 years$16,269$10,249$6,238$3,694$2,144$479
41 years$15,695$9,756$5,849$3,409$1,945$416
42 years$15,150$9,292$5,487$3,146$1,765$360
43 years$14,632$8,853$5,149$2,904$1,602$312
44 years$14,139$8,439$4,833$2,681$1,454$271
45 years$13,669$8,047$4,538$2,476$1,320$235
46 years$13,221$7,677$4,262$2,287$1,198$204
47 years$12,793$7,326$4,004$2,113$1,088$177
48 years$12,384$6,994$3,763$1,953$988$153
49 years$11,993$6,678$3,537$1,805$898$133
50 years$11,619$6,379$3,325$1,668$815$115

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 $2,757 every year, while hoping to spend $59,788 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: 46/34/20 Blend
54$11,900,000$11,900,000$11,900,000$11,900,000
55$13,116,644$12,485,944$12,301,494$13,644,845
56$14,390,928$13,034,141$12,649,980$14,563,027
57$15,793,184$13,607,196$13,008,136$15,552,417
58$17,336,404$14,206,264$13,376,224$16,624,599
59$19,034,901$14,832,554$13,754,511$17,787,315
60$20,904,445$15,487,333$14,143,271$19,049,069
61$22,962,413$16,171,928$14,542,786$20,419,201
62$25,227,955$16,887,728$14,953,345$21,907,974
63$27,722,168$17,636,188$15,375,244$23,526,662
64$30,468,301$18,418,834$15,808,786$25,287,659
65$33,491,972$19,237,261$16,254,285$27,204,583
66$36,821,408$20,093,141$16,712,058$29,292,407
67$40,487,714$20,988,228$17,182,434$31,567,591
68$44,525,165$21,924,355$17,665,750$34,048,234
69$48,971,529$22,903,445$18,162,349$36,754,238
70$53,868,422$23,927,511$18,672,586$39,707,492
71$59,261,705$24,998,663$19,196,821$42,932,069
72$65,201,913$26,119,111$19,735,428$46,454,452
73$71,744,730$27,291,170$20,288,788$50,303,774
74$78,951,520$28,517,265$20,857,289$54,512,087
75$86,889,900$29,799,936$21,441,333$59,114,656
76$95,634,383$31,141,846$22,041,331$64,150,288
77$105,267,077$32,545,783$22,657,703$69,661,688
78$115,878,462$34,014,670$23,290,879$75,695,852
79$127,568,244$35,551,568$23,941,303$82,304,508
80$140,446,295$37,159,684$24,609,426$89,544,588
81$154,633,689$38,842,380$25,295,713$97,478,764
82$170,263,845$40,603,177$26,000,640$106,176,023
83$187,483,790$42,445,765$26,724,694$115,712,313
84$206,455,539$44,374,011$27,468,374$126,171,244
85$227,357,632$46,391,965$28,232,192$137,644,873
86$250,386,812$48,503,873$29,016,672$150,234,556
87$275,759,888$50,714,184$29,822,352$164,051,896
88$303,715,776$53,027,559$30,649,781$179,219,782
89$334,517,760$55,448,883$31,499,522$195,873,534
90$368,455,969$57,983,276$32,372,154$214,162,172
91$405,850,123$60,636,102$33,268,267$234,249,805
92$447,052,548$63,412,983$34,188,466$256,317,163
93$492,451,501$66,319,812$35,133,372$280,563,292
94$542,474,833$69,362,762$36,103,620$307,207,412
95$597,594,034$72,548,306$37,099,859$336,490,973
96$658,328,677$75,883,224$38,122,755$368,679,915
97$725,251,325$79,374,625$39,172,990$404,067,157
98$798,992,936$83,029,957$40,251,261$442,975,346
99$880,248,819$86,857,029$41,358,283$485,759,882
100$969,785,199$90,864,024$42,494,786$532,812,248