Can I retire at age 55 with 12,800,000?

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 $12,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$993,597
2 years$523,273$513,528$504,083$494,925$486,043$458,936
3 years$345,384$335,596$326,175$317,104$308,366$282,094
4 years$256,456$246,699$237,372$228,455$219,929$194,693
5 years$203,114$193,415$184,210$175,476$167,186$143,057
6 years$167,564$157,938$148,869$140,329$132,289$109,289
7 years$142,181$132,636$123,711$115,372$107,586$85,717
8 years$123,152$113,693$104,917$96,783$89,253$68,504
9 years$108,360$98,991$90,365$82,438$75,164$55,516
10 years$96,533$87,255$78,782$71,062$64,044$45,473
11 years$86,863$77,678$69,359$61,845$55,080$37,557
12 years$78,810$69,720$61,554$54,247$47,731$31,225
13 years$72,002$63,006$54,994$47,892$41,622$26,098
14 years$66,171$57,271$49,413$42,513$36,486$21,908
15 years$61,122$52,318$44,613$37,914$32,125$18,456
16 years$56,709$48,001$40,448$33,948$28,392$15,593
17 years$52,819$44,207$36,806$30,502$25,174$13,207
18 years$49,365$40,849$33,599$27,488$22,384$11,209
19 years$46,278$37,859$30,759$24,838$19,951$9,529
20 years$43,503$35,180$28,229$22,496$17,821$8,112
21 years$40,996$32,769$25,965$20,416$15,948$6,915
22 years$38,720$30,589$23,931$18,563$14,295$5,900
23 years$36,645$28,609$22,096$16,906$12,832$5,039
24 years$34,745$26,805$20,435$15,419$11,534$4,307
25 years$33,000$25,155$18,927$14,082$10,378$3,683
26 years$31,392$23,642$17,554$12,875$9,349$3,151
27 years$29,906$22,249$16,300$11,785$8,428$2,698
28 years$28,528$20,966$15,153$10,798$7,605$2,310
29 years$27,248$19,779$14,101$9,902$6,867$1,979
30 years$26,055$18,679$13,135$9,087$6,205$1,696
31 years$24,942$17,658$12,245$8,346$5,610$1,454
32 years$23,900$16,708$11,425$7,670$5,075$1,246
33 years$22,923$15,822$10,668$7,053$4,592$1,068
34 years$22,006$14,996$9,967$6,490$4,158$916
35 years$21,143$14,224$9,319$5,974$3,766$786
36 years$20,329$13,500$8,717$5,502$3,412$674
37 years$19,562$12,822$8,159$5,069$3,093$578
38 years$18,837$12,186$7,641$4,673$2,804$496
39 years$18,150$11,587$7,159$4,308$2,543$426
40 years$17,500$11,024$6,710$3,974$2,306$365
41 years$16,882$10,494$6,292$3,666$2,092$313
42 years$16,296$9,994$5,902$3,384$1,898$269
43 years$15,739$9,523$5,538$3,123$1,723$231
44 years$15,208$9,077$5,198$2,884$1,564$198
45 years$14,703$8,656$4,881$2,663$1,420$170
46 years$14,220$8,257$4,584$2,460$1,289$146
47 years$13,760$7,880$4,307$2,273$1,171$125
48 years$13,320$7,522$4,047$2,100$1,063$107
49 years$12,900$7,184$3,804$1,941$965$92
50 years$12,497$6,862$3,577$1,794$877$79

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $12,800,000, adding $3,731 every year, while hoping to spend $28,746 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: 75/5/20 Blend
54$12,800,000$12,800,000$12,800,000$12,800,000
55$14,109,449$13,431,049$13,232,649$15,100,777
56$15,518,027$14,058,584$13,645,357$16,386,137
57$17,069,317$14,715,906$14,070,927$17,790,802
58$18,777,844$15,404,443$14,509,761$19,329,806
59$20,659,616$16,125,693$14,962,270$21,016,542
60$22,732,272$16,881,226$15,428,880$22,865,758
61$25,015,248$17,672,690$15,910,032$24,893,698
62$27,529,962$18,501,811$16,406,177$27,118,246
63$30,300,017$19,370,398$16,917,783$29,559,102
64$33,351,420$20,280,349$17,445,330$32,237,960
65$36,712,831$21,233,653$17,989,315$35,178,715
66$40,415,833$22,232,395$18,550,250$38,407,684
67$44,495,227$23,278,762$19,128,663$41,953,856
68$48,989,365$24,375,046$19,725,097$45,849,160
69$53,940,506$25,523,649$20,340,114$50,128,766
70$59,395,222$26,727,092$20,974,292$54,831,418
71$65,404,832$27,988,017$21,628,228$59,999,792
72$72,025,888$29,309,193$22,302,537$65,680,901
73$79,320,709$30,693,524$22,997,853$71,926,536
74$87,357,970$32,144,055$23,714,829$78,793,751
75$96,213,347$33,663,978$24,454,140$86,345,400
76$105,970,237$35,256,641$25,216,482$94,650,729
77$116,720,537$36,925,552$26,002,570$103,786,025
78$128,565,520$38,674,393$26,813,144$113,835,334
79$141,616,785$40,507,020$27,648,967$124,891,254
80$155,997,313$42,427,480$28,510,823$137,055,803
81$171,842,627$44,440,015$29,399,524$150,441,380
82$189,302,071$46,549,071$30,315,904$165,171,826
83$208,540,221$48,759,314$31,260,825$181,383,583
84$229,738,436$51,075,633$32,235,175$199,226,987
85$253,096,572$53,503,155$33,239,870$218,867,678
86$278,834,871$56,047,258$34,275,853$240,488,161
87$307,196,033$58,713,578$35,344,100$264,289,525
88$338,447,513$61,508,029$36,445,612$290,493,341
89$372,884,046$64,436,809$37,581,426$319,343,745
90$410,830,424$67,506,417$38,752,609$351,109,741
91$452,644,566$70,723,671$39,960,261$386,087,733
92$498,720,899$74,095,718$41,205,516$424,604,324
93$549,494,075$77,630,052$42,489,545$467,019,391
94$605,443,079$81,334,534$43,813,554$513,729,476
95$667,095,752$85,217,404$45,178,787$565,171,528
96$735,033,767$89,287,306$46,586,525$621,827,020
97$809,898,129$93,553,302$48,038,091$684,226,491
98$892,395,220$98,024,895$49,534,849$752,954,545
99$983,303,470$102,712,052$51,078,203$828,655,370
100$1,083,480,705$107,625,224$52,669,605$912,038,807