Can I retire at age 55 with 12,600,000?

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 $12,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$986,069
2 years$515,097$505,504$496,207$487,192$478,448$459,706
3 years$339,987$330,352$321,079$312,149$303,547$285,319
4 years$252,449$242,844$233,663$224,886$216,493$198,919
5 years$199,940$190,393$181,332$172,734$164,574$147,705
6 years$164,946$155,470$146,543$138,137$130,222$114,076
7 years$139,959$130,563$121,778$113,570$105,905$90,487
8 years$121,228$111,917$103,277$95,271$87,859$73,164
9 years$106,667$97,444$88,953$81,150$73,990$60,010
10 years$95,025$85,892$77,551$69,952$63,043$49,766
11 years$85,506$76,465$68,275$60,879$54,219$41,629
12 years$77,579$68,630$60,592$53,399$46,985$35,064
13 years$70,877$62,022$54,135$47,143$40,972$29,701
14 years$65,137$56,376$48,641$41,849$35,916$25,275
15 years$60,167$51,501$43,916$37,322$31,623$21,591
16 years$55,823$47,251$39,816$33,417$27,949$18,503
17 years$51,993$43,516$36,231$30,025$24,781$15,899
18 years$48,593$40,211$33,074$27,059$22,034$13,693
19 years$45,555$37,267$30,278$24,450$19,640$11,816
20 years$42,823$34,630$27,788$22,144$17,542$10,212
21 years$40,355$32,257$25,559$20,097$15,698$8,839
22 years$38,115$30,111$23,557$18,273$14,071$7,660
23 years$36,072$28,162$21,751$16,642$12,631$6,645
24 years$34,202$26,386$20,116$15,178$11,353$5,769
25 years$32,485$24,762$18,631$13,862$10,216$5,013
26 years$30,902$23,272$17,279$12,674$9,202$4,359
27 years$29,439$21,902$16,045$11,601$8,297$3,792
28 years$28,083$20,638$14,916$10,629$7,486$3,301
29 years$26,822$19,470$13,881$9,747$6,760$2,874
30 years$25,648$18,387$12,930$8,945$6,108$2,504
31 years$24,552$17,382$12,054$8,216$5,522$2,182
32 years$23,526$16,447$11,246$7,550$4,995$1,902
33 years$22,565$15,575$10,501$6,943$4,521$1,658
34 years$21,662$14,762$9,811$6,388$4,093$1,446
35 years$20,812$14,001$9,173$5,881$3,707$1,262
36 years$20,012$13,289$8,581$5,416$3,359$1,101
37 years$19,256$12,622$8,032$4,990$3,044$960
38 years$18,542$11,995$7,521$4,600$2,760$838
39 years$17,867$11,406$7,047$4,241$2,503$731
40 years$17,226$10,852$6,605$3,912$2,270$638
41 years$16,619$10,330$6,193$3,609$2,060$557
42 years$16,042$9,838$5,810$3,331$1,869$486
43 years$15,493$9,374$5,451$3,075$1,696$425
44 years$14,971$8,935$5,117$2,839$1,540$371
45 years$14,473$8,520$4,805$2,622$1,398$324
46 years$13,998$8,128$4,513$2,422$1,269$283
47 years$13,545$7,757$4,240$2,237$1,152$247
48 years$13,112$7,405$3,984$2,068$1,046$215
49 years$12,698$7,071$3,745$1,911$950$188
50 years$12,302$6,755$3,521$1,766$863$164

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $12,600,000, adding $4,982 every year, while hoping to spend $37,678 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: 61/20/19 Blend
54$12,600,000$12,600,000$12,600,000$12,600,000
55$13,890,339$13,222,539$13,027,239$14,669,143
56$15,267,064$13,830,354$13,423,562$15,803,495
57$16,782,953$14,466,690$13,831,900$17,036,291
58$18,452,160$15,132,903$14,252,614$18,380,852
59$20,290,282$15,830,417$14,686,078$19,848,035
60$22,314,507$16,560,724$15,132,678$21,449,783
61$24,543,773$17,325,385$15,592,809$23,199,232
62$26,998,949$18,126,041$16,066,880$25,110,835
63$29,703,033$18,964,408$16,555,311$27,200,493
64$32,681,364$19,842,285$17,058,536$29,485,704
65$35,961,866$20,761,560$17,577,000$31,985,723
66$39,575,310$21,724,211$18,111,163$34,721,738
67$43,555,604$22,732,309$18,661,499$37,717,072
68$47,940,111$23,788,028$19,228,495$40,997,392
69$52,770,006$24,893,644$19,812,653$44,590,954
70$58,090,660$26,051,547$20,414,490$48,528,860
71$63,952,071$27,264,236$21,034,540$52,845,349
72$70,409,336$28,534,337$21,673,350$57,578,116
73$77,523,167$29,864,599$22,331,486$62,768,663
74$85,360,470$31,257,904$23,009,531$68,462,681
75$93,994,970$32,717,274$23,708,083$74,710,485
76$103,507,914$34,245,877$24,427,760$81,567,475
77$113,988,829$35,847,033$25,169,198$89,094,655
78$125,536,376$37,524,224$25,933,052$97,359,205
79$138,259,274$39,281,098$26,719,997$106,435,109
80$152,277,330$41,121,483$27,530,728$116,403,840
81$167,722,570$43,049,388$28,365,959$127,355,133
82$184,740,483$45,069,018$29,226,429$139,387,813
83$203,491,394$47,184,782$30,112,897$152,610,731
84$224,151,981$49,401,301$31,026,143$167,143,775
85$246,916,938$51,723,419$31,966,974$183,118,997
86$272,000,817$54,156,218$32,936,219$200,681,852
87$299,640,049$56,705,022$33,934,731$219,992,559
88$330,095,180$59,375,414$34,963,391$241,227,608
89$363,653,328$62,173,249$36,023,104$264,581,409
90$400,630,893$65,104,663$37,114,803$290,268,125
91$441,376,544$68,176,092$38,239,449$318,523,678
92$486,274,513$71,394,282$39,398,032$349,607,965
93$535,748,218$74,766,306$40,591,571$383,807,301
94$590,264,262$78,299,581$41,821,114$421,437,109
95$650,336,839$82,001,883$43,087,744$462,844,883
96$716,532,586$85,881,365$44,392,573$508,413,458
97$789,475,934$89,946,575$45,736,748$558,564,607
98$869,854,999$94,206,477$47,121,449$613,763,010
99$958,428,083$98,670,469$48,547,891$674,520,621
100$1,056,030,829$103,348,404$50,017,328$741,401,492