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%12.4%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$994,663
2 years$515,097$505,504$496,207$487,192$478,448$468,297
3 years$339,987$330,352$321,079$312,149$303,547$293,638
4 years$252,449$242,844$233,663$224,886$216,493$206,902
5 years$199,940$190,393$181,332$172,734$164,574$155,330
6 years$164,946$155,470$146,543$138,137$130,222$121,336
7 years$139,959$130,563$121,778$113,570$105,905$97,382
8 years$121,228$111,917$103,277$95,271$87,859$79,697
9 years$106,667$97,444$88,953$81,150$73,990$66,186
10 years$95,025$85,892$77,551$69,952$63,043$55,594
11 years$85,506$76,465$68,275$60,879$54,219$47,117
12 years$77,579$68,630$60,592$53,399$46,985$40,224
13 years$70,877$62,022$54,135$47,143$40,972$34,544
14 years$65,137$56,376$48,641$41,849$35,916$29,812
15 years$60,167$51,501$43,916$37,322$31,623$25,834
16 years$55,823$47,251$39,816$33,417$27,949$22,465
17 years$51,993$43,516$36,231$30,025$24,781$19,593
18 years$48,593$40,211$33,074$27,059$22,034$17,131
19 years$45,555$37,267$30,278$24,450$19,640$15,011
20 years$42,823$34,630$27,788$22,144$17,542$13,178
21 years$40,355$32,257$25,559$20,097$15,698$11,588
22 years$38,115$30,111$23,557$18,273$14,071$10,204
23 years$36,072$28,162$21,751$16,642$12,631$8,996
24 years$34,202$26,386$20,116$15,178$11,353$7,940
25 years$32,485$24,762$18,631$13,862$10,216$7,014
26 years$30,902$23,272$17,279$12,674$9,202$6,201
27 years$29,439$21,902$16,045$11,601$8,297$5,487
28 years$28,083$20,638$14,916$10,629$7,486$4,858
29 years$26,822$19,470$13,881$9,747$6,760$4,303
30 years$25,648$18,387$12,930$8,945$6,108$3,814
31 years$24,552$17,382$12,054$8,216$5,522$3,381
32 years$23,526$16,447$11,246$7,550$4,995$2,999
33 years$22,565$15,575$10,501$6,943$4,521$2,661
34 years$21,662$14,762$9,811$6,388$4,093$2,362
35 years$20,812$14,001$9,173$5,881$3,707$2,097
36 years$20,012$13,289$8,581$5,416$3,359$1,862
37 years$19,256$12,622$8,032$4,990$3,044$1,654
38 years$18,542$11,995$7,521$4,600$2,760$1,469
39 years$17,867$11,406$7,047$4,241$2,503$1,306
40 years$17,226$10,852$6,605$3,912$2,270$1,160
41 years$16,619$10,330$6,193$3,609$2,060$1,031
42 years$16,042$9,838$5,810$3,331$1,869$916
43 years$15,493$9,374$5,451$3,075$1,696$815
44 years$14,971$8,935$5,117$2,839$1,540$724
45 years$14,473$8,520$4,805$2,622$1,398$644
46 years$13,998$8,128$4,513$2,422$1,269$573
47 years$13,545$7,757$4,240$2,237$1,152$509
48 years$13,112$7,405$3,984$2,068$1,046$453
49 years$12,698$7,071$3,745$1,911$950$403
50 years$12,302$6,755$3,521$1,766$863$358

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 $5,829 every year, while hoping to spend $57,127 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: 51/40/9 Blend
54$12,600,000$12,600,000$12,600,000$12,600,000
55$13,891,213$13,223,413$13,028,113$14,567,044
56$15,247,334$13,810,577$13,403,772$15,615,513
57$16,739,864$14,424,598$13,790,101$16,748,066
58$18,382,658$15,066,731$14,187,397$17,977,889
59$20,190,980$15,738,291$14,595,965$19,314,144
60$22,181,649$16,440,657$15,016,119$20,766,890
61$24,373,199$17,175,271$15,448,181$22,347,179
62$26,786,051$17,943,645$15,892,481$24,067,153
63$29,442,708$18,747,363$16,349,358$25,940,156
64$32,367,964$19,588,084$16,819,162$27,980,852
65$35,589,144$20,467,547$17,302,251$30,205,359
66$39,136,352$21,387,573$17,798,992$32,631,397
67$43,042,765$22,350,069$18,309,763$35,278,447
68$47,344,938$23,357,034$18,834,952$38,167,929
69$52,083,156$24,410,562$19,374,957$41,323,398
70$57,301,806$25,512,848$19,930,186$44,770,762
71$63,049,803$26,666,191$20,501,060$48,538,514
72$69,381,047$27,872,998$21,088,010$52,657,999
73$76,354,933$29,135,794$21,691,477$57,163,697
74$84,036,911$30,457,223$22,311,917$62,093,547
75$92,499,105$31,840,056$22,949,795$67,489,288
76$101,820,992$33,287,196$23,605,591$73,396,851
77$112,090,150$34,801,686$24,279,796$79,866,780
78$123,403,091$36,386,714$24,972,914$86,954,701
79$135,866,163$38,045,620$25,685,463$94,721,834
80$149,596,561$39,781,905$26,417,976$103,235,564
81$164,723,430$41,599,238$27,170,997$112,570,063
82$181,389,081$43,501,462$27,945,088$122,806,978
83$199,750,341$45,492,607$28,740,822$134,036,193
84$219,980,026$47,576,895$29,558,789$146,356,661
85$242,268,576$49,758,750$30,399,596$159,877,326
86$266,825,851$52,042,810$31,263,863$174,718,139
87$293,883,114$54,433,933$32,152,229$191,011,171
88$323,695,210$56,937,214$33,065,347$208,901,849
89$356,542,974$59,557,991$34,003,889$228,550,311
90$392,735,882$62,301,857$34,968,544$250,132,901
91$432,614,971$65,174,677$35,960,019$273,843,814
92$476,556,058$68,182,596$36,979,039$299,896,913
93$524,973,288$71,332,055$38,026,349$328,527,730
94$578,323,044$74,629,806$39,102,712$359,995,664
95$637,108,252$78,082,924$40,208,911$394,586,413
96$701,883,134$81,698,828$41,345,750$432,614,648
97$773,258,435$85,485,291$42,514,053$474,426,958
98$851,907,187$89,450,462$43,714,665$520,405,100
99$938,571,068$93,602,883$44,948,455$570,969,577
100$1,034,067,400$97,951,507$46,216,311$626,583,579