Can I retire at age 55 with 13,100,000?

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,015,244
2 years$535,538$525,564$515,897$506,525$497,434$468,070
3 years$353,479$343,462$333,820$324,536$315,593$287,152
4 years$262,467$252,481$242,935$233,810$225,083$197,785
5 years$207,874$197,948$188,528$179,588$171,105$145,023
6 years$171,491$161,639$152,358$143,618$135,389$110,549
7 years$145,513$135,744$126,611$118,076$110,108$86,509
8 years$126,039$116,358$107,376$99,051$91,345$68,975
9 years$110,900$101,311$92,483$84,370$76,926$55,763
10 years$98,796$89,300$80,629$72,728$65,545$45,560
11 years$88,899$79,499$70,984$63,295$56,371$37,533
12 years$80,658$71,354$62,997$55,518$48,850$31,123
13 years$73,689$64,483$56,283$49,014$42,598$25,943
14 years$67,722$58,613$50,571$43,509$37,341$21,718
15 years$62,555$53,544$45,659$38,803$32,878$18,244
16 years$58,038$49,126$41,396$34,744$29,058$15,370
17 years$54,057$45,243$37,669$31,217$25,764$12,980
18 years$50,522$41,807$34,387$28,133$22,909$10,984
19 years$47,362$38,746$31,480$25,420$20,419$9,310
20 years$44,523$36,005$28,890$23,023$18,239$7,902
21 years$41,957$33,537$26,574$20,895$16,321$6,715
22 years$39,627$31,305$24,492$18,998$14,630$5,712
23 years$37,503$29,279$22,614$17,302$13,133$4,863
24 years$35,559$27,433$20,914$15,780$11,804$4,143
25 years$33,774$25,744$19,370$14,412$10,622$3,531
26 years$32,128$24,196$17,965$13,177$9,568$3,012
27 years$30,607$22,771$16,682$12,061$8,626$2,570
28 years$29,197$21,457$15,508$11,051$7,783$2,194
29 years$27,887$20,242$14,432$10,134$7,028$1,873
30 years$26,666$19,117$13,443$9,300$6,350$1,600
31 years$25,526$18,071$12,532$8,542$5,741$1,367
32 years$24,460$17,099$11,693$7,850$5,194$1,168
33 years$23,460$16,193$10,918$7,219$4,700$998
34 years$22,521$15,348$10,201$6,642$4,255$853
35 years$21,638$14,557$9,537$6,114$3,854$729
36 years$20,806$13,817$8,922$5,631$3,492$623
37 years$20,020$13,123$8,350$5,188$3,165$533
38 years$19,278$12,471$7,820$4,782$2,869$456
39 years$18,575$11,859$7,326$4,409$2,602$390
40 years$17,910$11,283$6,867$4,067$2,360$333
41 years$17,278$10,740$6,439$3,752$2,141$285
42 years$16,678$10,229$6,040$3,463$1,943$244
43 years$16,108$9,746$5,668$3,197$1,763$208
44 years$15,565$9,290$5,320$2,952$1,601$178
45 years$15,047$8,859$4,995$2,726$1,453$152
46 years$14,554$8,451$4,692$2,518$1,319$130
47 years$14,083$8,065$4,408$2,326$1,198$112
48 years$13,632$7,699$4,142$2,150$1,088$95
49 years$13,202$7,352$3,893$1,987$988$82
50 years$12,790$7,023$3,660$1,836$898$70

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $13,100,000, adding $6,940 every year, while hoping to spend $38,262 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: 70/5/25 Blend
54$13,100,000$13,100,000$13,100,000$13,100,000
55$14,443,359$13,749,059$13,546,009$15,362,106
56$15,875,871$14,382,052$13,959,089$16,611,012
57$17,453,217$15,044,780$14,384,726$17,972,617
58$19,190,129$15,738,658$14,823,299$19,462,290
59$21,102,842$16,465,172$15,275,199$21,092,734
60$23,209,245$17,225,878$15,740,831$22,877,935
61$25,529,048$18,022,407$16,220,609$24,833,292
62$28,083,975$18,856,468$16,714,963$26,975,760
63$30,897,959$19,729,854$17,224,333$29,324,012
64$33,997,376$20,644,442$17,749,173$31,898,609
65$37,411,290$21,602,202$18,289,953$34,722,196
66$41,171,728$22,605,196$18,847,153$37,819,711
67$45,313,982$23,655,588$19,421,270$41,218,620
68$49,876,942$24,755,646$20,012,817$44,949,175
69$54,903,464$25,907,747$20,622,319$49,044,695
70$60,440,771$27,114,380$21,250,322$53,541,880
71$66,540,905$28,378,160$21,897,382$58,481,155
72$73,261,210$29,701,822$22,564,077$63,907,049
73$80,664,880$31,088,238$23,251,000$69,868,615
74$88,821,551$32,540,415$23,958,762$76,419,884
75$97,807,962$34,061,508$24,687,993$83,620,382
76$107,708,675$35,654,823$25,439,342$91,535,682
77$118,616,876$37,323,826$26,213,476$100,238,020
78$130,635,254$39,072,150$27,011,084$109,806,981
79$143,876,970$40,903,605$27,832,875$120,330,239
80$158,466,723$42,822,184$28,679,579$131,904,387
81$174,541,932$44,832,074$29,551,948$144,635,842
82$192,254,028$46,937,665$30,450,757$158,641,849
83$211,769,885$49,143,557$31,376,804$174,051,584
84$233,273,397$51,454,575$32,330,911$191,007,367
85$256,967,211$53,875,776$33,313,924$209,666,005
86$283,074,642$56,412,465$34,326,716$230,200,265
87$311,841,779$59,070,200$35,370,184$252,800,507
88$343,539,811$61,854,809$36,445,256$277,676,468
89$378,467,582$64,772,405$37,552,882$305,059,246
90$416,954,417$67,829,394$38,694,045$335,203,471
91$459,363,228$71,032,495$39,869,756$368,389,708
92$506,093,940$74,388,751$41,081,056$404,927,097
93$557,587,269$77,905,547$42,329,019$445,156,271
94$614,328,878$81,590,626$43,614,748$489,452,563
95$676,853,963$85,452,106$44,939,382$538,229,543
96$745,752,308$89,498,500$46,304,092$591,942,921
97$821,673,851$93,738,734$47,710,086$651,094,837
98$905,334,818$98,182,166$49,158,608$716,238,603
99$997,524,485$102,838,608$50,650,938$787,983,911
100$1,099,112,633$107,718,350$52,188,394$867,002,591