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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.3%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$1,015,109
2 years$523,273$513,528$504,083$494,925$486,043$480,411
3 years$345,384$335,596$326,175$317,104$308,366$302,858
4 years$256,456$246,699$237,372$228,455$219,929$214,587
5 years$203,114$193,415$184,210$175,476$167,186$162,027
6 years$167,564$157,938$148,869$140,329$132,289$127,318
7 years$142,181$132,636$123,711$115,372$107,586$102,807
8 years$123,152$113,693$104,917$96,783$89,253$84,665
9 years$108,360$98,991$90,365$82,438$75,164$70,766
10 years$96,533$87,255$78,782$71,062$64,044$59,834
11 years$86,863$77,678$69,359$61,845$55,080$51,055
12 years$78,810$69,720$61,554$54,247$47,731$43,888
13 years$72,002$63,006$54,994$47,892$41,622$37,958
14 years$66,171$57,271$49,413$42,513$36,486$32,996
15 years$61,122$52,318$44,613$37,914$32,125$28,804
16 years$56,709$48,001$40,448$33,948$28,392$25,237
17 years$52,819$44,207$36,806$30,502$25,174$22,179
18 years$49,365$40,849$33,599$27,488$22,384$19,544
19 years$46,278$37,859$30,759$24,838$19,951$17,261
20 years$43,503$35,180$28,229$22,496$17,821$15,275
21 years$40,996$32,769$25,965$20,416$15,948$13,541
22 years$38,720$30,589$23,931$18,563$14,295$12,022
23 years$36,645$28,609$22,096$16,906$12,832$10,688
24 years$34,745$26,805$20,435$15,419$11,534$9,513
25 years$33,000$25,155$18,927$14,082$10,378$8,476
26 years$31,392$23,642$17,554$12,875$9,349$7,558
27 years$29,906$22,249$16,300$11,785$8,428$6,746
28 years$28,528$20,966$15,153$10,798$7,605$6,025
29 years$27,248$19,779$14,101$9,902$6,867$5,385
30 years$26,055$18,679$13,135$9,087$6,205$4,815
31 years$24,942$17,658$12,245$8,346$5,610$4,308
32 years$23,900$16,708$11,425$7,670$5,075$3,856
33 years$22,923$15,822$10,668$7,053$4,592$3,452
34 years$22,006$14,996$9,967$6,490$4,158$3,092
35 years$21,143$14,224$9,319$5,974$3,766$2,771
36 years$20,329$13,500$8,717$5,502$3,412$2,484
37 years$19,562$12,822$8,159$5,069$3,093$2,226
38 years$18,837$12,186$7,641$4,673$2,804$1,996
39 years$18,150$11,587$7,159$4,308$2,543$1,791
40 years$17,500$11,024$6,710$3,974$2,306$1,606
41 years$16,882$10,494$6,292$3,666$2,092$1,441
42 years$16,296$9,994$5,902$3,384$1,898$1,293
43 years$15,739$9,523$5,538$3,123$1,723$1,161
44 years$15,208$9,077$5,198$2,884$1,564$1,042
45 years$14,703$8,656$4,881$2,663$1,420$935
46 years$14,220$8,257$4,584$2,460$1,289$839
47 years$13,760$7,880$4,307$2,273$1,171$754
48 years$13,320$7,522$4,047$2,100$1,063$677
49 years$12,900$7,184$3,804$1,941$965$608
50 years$12,497$6,862$3,577$1,794$877$546

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 $3,779 every year, while hoping to spend $52,982 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: 39/40/21 Blend
54$12,800,000$12,800,000$12,800,000$12,800,000
55$14,109,498$13,431,098$13,232,698$14,571,369
56$15,492,294$14,032,849$13,619,621$15,506,140
57$17,014,360$14,662,311$14,017,730$16,510,937
58$18,689,845$15,320,784$14,427,344$17,596,345
59$20,534,340$16,009,633$14,848,791$18,769,707
60$22,565,025$16,730,287$15,282,407$20,039,081
61$24,800,829$17,484,243$15,728,540$21,413,304
62$27,262,612$18,273,069$16,187,544$22,902,078
63$29,973,357$19,098,409$16,659,786$24,516,050
64$32,958,392$19,961,984$17,145,641$26,266,909
65$36,245,625$20,865,598$17,645,498$28,167,490
66$39,865,809$21,811,142$18,159,751$30,231,889
67$43,852,830$22,800,596$18,688,811$32,475,591
68$48,244,029$23,836,036$19,233,097$34,915,606
69$53,080,554$24,919,635$19,793,040$37,570,625
70$58,407,747$26,053,674$20,369,083$40,461,187
71$64,275,572$27,240,540$20,961,683$43,609,866
72$70,739,089$28,482,734$21,571,307$47,041,479
73$77,858,967$29,782,879$22,198,437$50,783,304
74$85,702,064$31,143,722$22,843,567$54,865,336
75$94,342,054$32,568,144$23,507,206$59,320,557
76$103,860,121$34,059,161$24,189,875$64,185,238
77$114,345,730$35,619,937$24,892,113$69,499,274
78$125,897,465$37,253,784$25,614,469$75,306,544
79$138,623,964$38,964,177$26,357,511$81,655,319
80$152,644,941$40,754,755$27,121,821$88,598,704
81$168,092,321$42,629,333$27,907,997$96,195,128
82$185,111,477$44,591,910$28,716,655$104,508,881
83$203,862,610$46,646,676$29,548,425$113,610,710
84$224,522,257$48,798,024$30,403,958$123,578,471
85$247,284,955$51,050,555$31,283,918$134,497,849
86$272,365,084$53,409,095$32,188,993$146,463,153
87$299,998,883$55,878,702$33,119,885$159,578,190
88$330,446,686$58,464,675$34,077,318$173,957,225
89$363,995,374$61,172,570$35,062,034$189,726,049
90$400,961,086$64,008,210$36,074,796$207,023,141
91$441,692,204$66,977,699$37,116,389$226,000,959
92$486,572,638$70,087,436$38,187,617$246,827,361
93$536,025,453$73,344,126$39,289,308$269,687,164
94$590,516,861$76,754,800$40,422,312$294,783,874
95$650,560,622$80,326,827$41,587,501$322,341,573
96$716,722,895$84,067,930$42,785,771$352,607,024
97$789,627,579$87,986,208$44,018,044$385,851,963
98$869,962,209$92,090,149$45,285,265$422,375,645
99$958,484,438$96,388,650$46,588,405$462,507,641
100$1,056,029,196$100,891,039$47,928,462$506,610,916