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%12.5%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$994,249
2 years$515,097$505,504$496,207$487,192$478,448$467,882
3 years$339,987$330,352$321,079$312,149$303,547$293,235
4 years$252,449$242,844$233,663$224,886$216,493$206,513
5 years$199,940$190,393$181,332$172,734$164,574$154,958
6 years$164,946$155,470$146,543$138,137$130,222$120,980
7 years$139,959$130,563$121,778$113,570$105,905$97,042
8 years$121,228$111,917$103,277$95,271$87,859$79,373
9 years$106,667$97,444$88,953$81,150$73,990$65,879
10 years$95,025$85,892$77,551$69,952$63,043$55,302
11 years$85,506$76,465$68,275$60,879$54,219$46,841
12 years$77,579$68,630$60,592$53,399$46,985$39,963
13 years$70,877$62,022$54,135$47,143$40,972$34,297
14 years$65,137$56,376$48,641$41,849$35,916$29,580
15 years$60,167$51,501$43,916$37,322$31,623$25,616
16 years$55,823$47,251$39,816$33,417$27,949$22,260
17 years$51,993$43,516$36,231$30,025$24,781$19,400
18 years$48,593$40,211$33,074$27,059$22,034$16,951
19 years$45,555$37,267$30,278$24,450$19,640$14,842
20 years$42,823$34,630$27,788$22,144$17,542$13,020
21 years$40,355$32,257$25,559$20,097$15,698$11,441
22 years$38,115$30,111$23,557$18,273$14,071$10,066
23 years$36,072$28,162$21,751$16,642$12,631$8,868
24 years$34,202$26,386$20,116$15,178$11,353$7,821
25 years$32,485$24,762$18,631$13,862$10,216$6,904
26 years$30,902$23,272$17,279$12,674$9,202$6,099
27 years$29,439$21,902$16,045$11,601$8,297$5,392
28 years$28,083$20,638$14,916$10,629$7,486$4,770
29 years$26,822$19,470$13,881$9,747$6,760$4,222
30 years$25,648$18,387$12,930$8,945$6,108$3,739
31 years$24,552$17,382$12,054$8,216$5,522$3,312
32 years$23,526$16,447$11,246$7,550$4,995$2,935
33 years$22,565$15,575$10,501$6,943$4,521$2,602
34 years$21,662$14,762$9,811$6,388$4,093$2,308
35 years$20,812$14,001$9,173$5,881$3,707$2,047
36 years$20,012$13,289$8,581$5,416$3,359$1,816
37 years$19,256$12,622$8,032$4,990$3,044$1,612
38 years$18,542$11,995$7,521$4,600$2,760$1,431
39 years$17,867$11,406$7,047$4,241$2,503$1,270
40 years$17,226$10,852$6,605$3,912$2,270$1,128
41 years$16,619$10,330$6,193$3,609$2,060$1,001
42 years$16,042$9,838$5,810$3,331$1,869$889
43 years$15,493$9,374$5,451$3,075$1,696$790
44 years$14,971$8,935$5,117$2,839$1,540$702
45 years$14,473$8,520$4,805$2,622$1,398$623
46 years$13,998$8,128$4,513$2,422$1,269$554
47 years$13,545$7,757$4,240$2,237$1,152$492
48 years$13,112$7,405$3,984$2,068$1,046$437
49 years$12,698$7,071$3,745$1,911$950$388
50 years$12,302$6,755$3,521$1,766$863$345

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 $4,337 every year, while hoping to spend $25,524 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: 49/22/29 Blend
54$12,600,000$12,600,000$12,600,000$12,600,000
55$13,889,674$13,221,874$13,026,574$14,455,434
56$15,279,263$13,842,588$13,435,806$15,473,916
57$16,809,735$14,492,862$13,857,893$16,576,976
58$18,495,433$15,174,117$14,293,237$17,774,981
59$20,352,162$15,887,843$14,742,256$19,076,932
60$22,397,338$16,635,604$15,205,377$20,492,725
61$24,650,153$17,419,035$15,683,044$22,033,233
62$27,131,757$18,239,857$16,175,715$23,710,410
63$29,865,455$19,099,867$16,683,859$25,537,396
64$32,876,926$20,000,956$17,207,963$27,528,641
65$36,194,471$20,945,101$17,748,529$29,700,032
66$39,849,275$21,934,379$18,306,072$32,069,042
67$43,875,702$22,970,965$18,881,127$34,654,890
68$48,311,622$24,057,140$19,474,243$37,478,716
69$53,198,764$25,195,297$20,085,987$40,563,775
70$58,583,115$26,387,943$20,716,944$43,935,653
71$64,515,349$27,637,709$21,367,717$47,622,501
72$71,051,308$28,947,350$22,038,930$51,655,296
73$78,252,530$30,319,759$22,731,223$56,068,126
74$86,186,828$31,757,967$23,445,258$60,898,507
75$94,928,929$33,265,151$24,181,719$66,187,728
76$104,561,182$34,844,646$24,941,308$71,981,237
77$115,174,334$36,499,945$25,724,754$78,329,060
78$126,868,387$38,234,713$26,532,804$85,286,264
79$139,753,540$40,052,793$27,366,231$92,913,476
80$153,951,234$41,958,212$28,225,832$101,277,438
81$169,595,292$43,955,196$29,112,430$110,451,633
82$186,833,186$46,048,175$30,026,870$120,516,972
83$205,827,429$48,241,794$30,970,029$131,562,540
84$226,757,109$50,540,924$31,942,807$143,686,437
85$249,819,577$52,950,672$32,946,134$156,996,687
86$275,232,314$55,476,396$33,980,970$171,612,247
87$303,234,982$58,123,711$35,048,304$187,664,123
88$334,091,684$60,898,506$36,149,156$205,296,592
89$368,093,462$63,806,959$37,284,579$224,668,551
90$405,561,040$66,855,546$38,455,658$245,955,005
91$446,847,856$70,051,057$39,663,512$269,348,705
92$492,343,395$73,400,616$40,909,297$295,061,956
93$542,476,865$76,911,691$42,194,202$323,328,603
94$597,721,255$80,592,113$43,519,458$354,406,225
95$658,597,792$84,450,096$44,886,329$388,578,551
96$725,680,869$88,494,253$46,296,123$426,158,119
97$799,603,462$92,733,615$47,750,187$467,489,214
98$881,063,108$97,177,656$49,249,912$512,951,095
99$970,828,492$101,836,307$50,796,730$562,961,556
100$1,069,746,698$106,719,986$52,392,120$617,980,856