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%17.9%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,003,455
2 years$531,449$521,552$511,959$502,659$493,637$460,512
3 years$350,780$340,840$331,272$322,058$313,184$281,155
4 years$260,463$250,553$241,081$232,025$223,365$192,679
5 years$206,287$196,437$187,089$178,217$169,799$140,538
6 years$170,182$160,405$151,195$142,522$134,356$106,544
7 years$144,402$134,708$125,644$117,175$109,267$82,902
8 years$125,077$115,470$106,556$98,295$90,648$65,711
9 years$110,053$100,537$91,777$83,726$76,339$52,802
10 years$98,042$88,619$80,013$72,172$65,044$42,872
11 years$88,220$78,892$70,442$62,812$55,940$35,091
12 years$80,042$70,809$62,516$55,094$48,477$28,906
13 years$73,127$63,991$55,854$48,640$42,273$23,933
14 years$67,205$58,166$50,185$43,177$37,056$19,897
15 years$62,077$53,136$45,310$38,506$32,627$16,597
16 years$57,595$48,751$41,080$34,478$28,836$13,882
17 years$53,644$44,898$37,381$30,978$25,568$11,638
18 years$50,136$41,488$34,124$27,918$22,734$9,775
19 years$47,001$38,450$31,239$25,226$20,263$8,223
20 years$44,183$35,730$28,670$22,847$18,099$6,926
21 years$41,637$33,281$26,371$20,735$16,197$5,841
22 years$39,325$31,067$24,305$18,853$14,518$4,930
23 years$37,217$29,056$22,441$17,170$13,032$4,164
24 years$35,288$27,224$20,754$15,660$11,714$3,519
25 years$33,516$25,548$19,223$14,302$10,541$2,976
26 years$31,883$24,011$17,828$13,077$9,495$2,518
27 years$30,373$22,597$16,555$11,969$8,560$2,131
28 years$28,974$21,293$15,390$10,966$7,724$1,804
29 years$27,674$20,088$14,322$10,056$6,975$1,528
30 years$26,462$18,971$13,340$9,229$6,302$1,294
31 years$25,331$17,934$12,436$8,476$5,698$1,097
32 years$24,273$16,969$11,603$7,790$5,154$929
33 years$23,281$16,070$10,834$7,164$4,664$788
34 years$22,349$15,230$10,123$6,591$4,223$668
35 years$21,473$14,446$9,464$6,067$3,825$566
36 years$20,647$13,711$8,853$5,588$3,466$480
37 years$19,868$13,022$8,287$5,149$3,141$407
38 years$19,131$12,376$7,760$4,746$2,848$345
39 years$18,434$11,768$7,270$4,376$2,582$292
40 years$17,773$11,197$6,815$4,036$2,342$248
41 years$17,146$10,658$6,390$3,724$2,125$210
42 years$16,551$10,150$5,994$3,436$1,928$178
43 years$15,985$9,671$5,624$3,172$1,750$151
44 years$15,446$9,219$5,280$2,929$1,588$128
45 years$14,932$8,791$4,957$2,705$1,442$109
46 years$14,443$8,386$4,656$2,499$1,309$92
47 years$13,975$8,003$4,374$2,309$1,189$78
48 years$13,528$7,640$4,111$2,133$1,080$66
49 years$13,101$7,296$3,864$1,971$981$56
50 years$12,693$6,969$3,632$1,822$891$48

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 $5,810 every year, while hoping to spend $52,486 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: 42/46/12 Blend
54$13,000,000$13,000,000$13,000,000$13,000,000
55$14,331,993$13,642,993$13,441,493$14,883,308
56$15,738,012$14,255,655$13,835,938$15,882,914
57$17,285,685$14,896,578$14,241,838$16,958,972
58$18,989,407$15,567,092$14,659,522$18,122,999
59$20,865,036$16,268,590$15,089,326$19,383,050
60$22,930,049$17,002,530$15,531,597$20,747,961
61$25,203,702$17,770,442$15,986,694$22,227,426
62$27,707,213$18,573,927$16,454,982$23,832,085
63$30,463,964$19,414,665$16,936,839$25,573,615
64$33,499,717$20,294,412$17,432,652$27,464,839
65$36,842,863$21,215,013$17,942,820$29,519,835
66$40,524,685$22,178,398$18,467,754$31,754,065
67$44,579,653$23,186,590$19,007,874$34,184,512
68$49,045,754$24,241,709$19,563,614$36,829,834
69$53,964,844$25,345,977$20,135,419$39,710,531
70$59,383,050$26,501,721$20,723,747$42,849,133
71$65,351,197$27,711,381$21,329,069$46,270,400
72$71,925,293$28,977,513$21,951,867$50,001,548
73$79,167,059$30,302,797$22,592,640$54,072,498
74$87,144,503$31,690,039$23,251,898$58,516,147
75$95,932,573$33,142,181$23,930,167$63,368,666
76$105,613,855$34,662,308$24,627,987$68,669,836
77$116,279,357$36,253,649$25,345,914$74,463,407
78$128,029,366$37,919,593$26,084,516$80,797,502
79$140,974,396$39,663,687$26,844,382$87,725,054
80$155,236,228$41,489,652$27,626,113$95,304,302
81$170,949,065$43,401,386$28,430,329$103,599,315
82$188,260,791$45,402,976$29,257,667$112,680,593
83$207,334,374$47,498,704$30,108,780$122,625,711
84$228,349,398$49,693,058$30,984,342$133,520,037
85$251,503,762$51,990,743$31,885,043$145,457,524
86$277,015,547$54,396,691$32,811,593$158,541,576
87$305,125,074$56,916,070$33,764,723$172,886,007
88$336,097,172$59,554,297$34,745,181$188,616,099
89$370,223,677$62,317,052$35,753,739$205,869,761
90$407,826,192$65,210,287$36,791,189$224,798,815
91$449,259,113$68,240,241$37,858,343$245,570,401
92$494,912,984$71,413,454$38,956,039$268,368,538
93$545,218,176$74,736,782$40,085,135$293,395,835
94$600,648,957$78,217,411$41,246,513$320,875,379
95$661,727,961$81,862,874$42,441,082$351,052,815
96$729,031,127$85,681,069$43,669,772$384,198,635
97$803,193,133$89,680,273$44,933,541$420,610,709
98$884,913,391$93,869,164$46,233,372$460,617,061
99$974,962,643$98,256,839$47,570,277$504,578,937
100$1,074,190,244$102,852,835$48,945,292$552,894,185