Can I retire at age 55 with 13,000,000?

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 $13,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,015,708
2 years$531,449$521,552$511,959$502,659$493,637$472,642
3 years$350,780$340,840$331,272$322,058$313,184$292,779
4 years$260,463$250,553$241,081$232,025$223,365$203,707
5 years$206,287$196,437$187,089$178,217$169,799$150,944
6 years$170,182$160,405$151,195$142,522$134,356$116,325
7 years$144,402$134,708$125,644$117,175$109,267$92,063
8 years$125,077$115,470$106,556$98,295$90,648$74,266
9 years$110,053$100,537$91,777$83,726$76,339$60,769
10 years$98,042$88,619$80,013$72,172$65,044$50,271
11 years$88,220$78,892$70,442$62,812$55,940$41,945
12 years$80,042$70,809$62,516$55,094$48,477$35,239
13 years$73,127$63,991$55,854$48,640$42,273$29,770
14 years$67,205$58,166$50,185$43,177$37,056$25,265
15 years$62,077$53,136$45,310$38,506$32,627$21,523
16 years$57,595$48,751$41,080$34,478$28,836$18,393
17 years$53,644$44,898$37,381$30,978$25,568$15,759
18 years$50,136$41,488$34,124$27,918$22,734$13,533
19 years$47,001$38,450$31,239$25,226$20,263$11,643
20 years$44,183$35,730$28,670$22,847$18,099$10,033
21 years$41,637$33,281$26,371$20,735$16,197$8,658
22 years$39,325$31,067$24,305$18,853$14,518$7,479
23 years$37,217$29,056$22,441$17,170$13,032$6,468
24 years$35,288$27,224$20,754$15,660$11,714$5,598
25 years$33,516$25,548$19,223$14,302$10,541$4,849
26 years$31,883$24,011$17,828$13,077$9,495$4,203
27 years$30,373$22,597$16,555$11,969$8,560$3,645
28 years$28,974$21,293$15,390$10,966$7,724$3,162
29 years$27,674$20,088$14,322$10,056$6,975$2,745
30 years$26,462$18,971$13,340$9,229$6,302$2,383
31 years$25,331$17,934$12,436$8,476$5,698$2,070
32 years$24,273$16,969$11,603$7,790$5,154$1,798
33 years$23,281$16,070$10,834$7,164$4,664$1,563
34 years$22,349$15,230$10,123$6,591$4,223$1,358
35 years$21,473$14,446$9,464$6,067$3,825$1,181
36 years$20,647$13,711$8,853$5,588$3,466$1,027
37 years$19,868$13,022$8,287$5,149$3,141$893
38 years$19,131$12,376$7,760$4,746$2,848$776
39 years$18,434$11,768$7,270$4,376$2,582$675
40 years$17,773$11,197$6,815$4,036$2,342$587
41 years$17,146$10,658$6,390$3,724$2,125$511
42 years$16,551$10,150$5,994$3,436$1,928$444
43 years$15,985$9,671$5,624$3,172$1,750$387
44 years$15,446$9,219$5,280$2,929$1,588$336
45 years$14,932$8,791$4,957$2,705$1,442$293
46 years$14,443$8,386$4,656$2,499$1,309$255
47 years$13,975$8,003$4,374$2,309$1,189$222
48 years$13,528$7,640$4,111$2,133$1,080$193
49 years$13,101$7,296$3,864$1,971$981$168
50 years$12,693$6,969$3,632$1,822$891$146

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $13,000,000, adding $2,279 every year, while hoping to spend $49,051 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: 38/45/17 Blend
54$13,000,000$13,000,000$13,000,000$13,000,000
55$14,328,351$13,639,351$13,437,851$14,799,403
56$15,737,653$14,255,489$13,835,829$15,753,960
57$17,289,059$14,900,174$14,245,495$16,780,036
58$18,997,014$15,574,753$14,667,190$17,887,897
59$20,877,430$16,280,637$15,101,262$19,084,933
60$22,947,845$17,019,305$15,548,071$20,379,250
61$25,227,581$17,792,307$16,007,987$21,779,737
62$27,737,931$18,601,266$16,481,391$23,296,142
63$30,502,355$19,447,884$16,968,673$24,939,163
64$33,546,709$20,333,944$17,470,237$26,720,539
65$36,899,479$21,261,313$17,986,496$28,653,155
66$40,592,059$22,231,950$18,517,877$30,751,154
67$44,659,041$23,247,907$19,064,817$33,030,069
68$49,138,542$24,311,334$19,627,767$35,506,957
69$54,072,566$25,424,483$20,207,191$38,200,552
70$59,507,401$26,589,716$20,803,565$41,131,435
71$65,494,052$27,809,507$21,417,380$44,322,220
72$72,088,723$29,086,451$22,049,140$47,797,757
73$79,353,350$30,423,264$22,699,364$51,585,356
74$87,356,184$31,822,796$23,368,584$55,715,036
75$96,172,434$33,288,032$24,057,351$60,219,797
76$105,884,977$34,822,101$24,766,228$65,135,922
77$116,585,144$36,428,283$25,495,795$70,503,306
78$128,373,574$38,110,014$26,246,649$76,365,822
79$141,361,171$39,870,897$27,019,405$82,771,719
80$155,670,148$41,714,709$27,814,693$89,774,069
81$171,435,181$43,645,407$28,633,162$97,431,251
82$188,804,677$45,667,140$29,475,481$105,807,488
83$207,942,179$47,784,255$30,342,335$114,973,440
84$229,027,909$50,001,311$31,234,431$125,006,851
85$252,260,465$52,323,085$32,152,494$135,993,269
86$277,858,701$54,754,585$33,097,271$148,026,837
87$306,063,788$57,301,059$34,069,529$161,211,161
88$337,141,495$59,968,011$35,070,059$175,660,270
89$371,384,693$62,761,209$36,099,671$191,499,673
90$409,116,122$65,686,699$37,159,200$208,867,522
91$450,691,437$68,750,818$38,249,505$227,915,893
92$496,502,567$71,960,212$39,371,466$248,812,203
93$546,981,412$75,321,844$40,525,993$271,740,762
94$602,603,919$78,843,018$41,714,017$296,904,487
95$663,894,580$82,531,387$42,936,498$324,526,798
96$731,431,378$86,394,976$44,194,421$354,853,692
97$805,851,245$90,442,196$45,488,801$388,156,039
98$887,856,075$94,681,867$46,820,679$424,732,113
99$978,219,350$99,123,233$48,191,127$464,910,368
100$1,077,793,440$103,775,989$49,601,246$509,052,513