Can I retire at age 55 with 13,200,000?

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,012,825
2 years$539,626$529,576$519,835$510,392$501,232$461,634
3 years$356,177$346,083$336,368$327,013$318,002$279,814
4 years$264,470$254,408$244,790$235,594$226,802$190,315
5 years$209,461$199,459$189,967$180,959$172,411$137,719
6 years$172,800$162,873$153,521$144,714$136,423$103,550
7 years$146,624$136,781$127,577$118,978$110,948$79,885
8 years$127,001$117,246$108,195$99,807$92,042$62,760
9 years$111,746$102,084$93,189$85,014$77,513$49,969
10 years$99,550$89,982$81,244$73,283$66,045$40,190
11 years$89,578$80,106$71,526$63,778$56,801$32,577
12 years$81,273$71,899$63,477$55,942$49,222$26,568
13 years$74,252$64,975$56,713$49,388$42,923$21,773
14 years$68,239$59,061$50,957$43,841$37,626$17,913
15 years$63,032$53,953$46,007$39,099$33,129$14,783
16 years$58,481$49,501$41,712$35,009$29,279$12,232
17 years$54,469$45,589$37,956$31,455$25,961$10,142
18 years$50,907$42,126$34,649$28,347$23,083$8,423
19 years$47,724$39,042$31,720$25,614$20,575$7,006
20 years$44,863$36,280$29,111$23,199$18,378$5,834
21 years$42,277$33,793$26,776$21,054$16,446$4,863
22 years$39,930$31,544$24,679$19,143$14,742$4,056
23 years$37,790$29,503$22,786$17,434$13,233$3,386
24 years$35,831$27,642$21,073$15,901$11,894$2,828
25 years$34,032$25,941$19,518$14,522$10,703$2,363
26 years$32,373$24,380$18,102$13,278$9,641$1,975
27 years$30,841$22,945$16,809$12,153$8,692$1,651
28 years$29,420$21,621$15,627$11,135$7,843$1,381
29 years$28,100$20,397$14,542$10,211$7,082$1,155
30 years$26,869$19,262$13,545$9,371$6,399$967
31 years$25,721$18,209$12,628$8,607$5,785$809
32 years$24,647$17,230$11,782$7,910$5,233$677
33 years$23,639$16,317$11,001$7,274$4,736$567
34 years$22,693$15,465$10,279$6,693$4,288$475
35 years$21,803$14,668$9,610$6,161$3,884$397
36 years$20,965$13,922$8,990$5,674$3,519$333
37 years$20,173$13,223$8,414$5,228$3,189$278
38 years$19,425$12,566$7,880$4,819$2,891$233
39 years$18,717$11,949$7,382$4,443$2,622$195
40 years$18,046$11,369$6,919$4,098$2,378$164
41 years$17,410$10,822$6,488$3,781$2,158$137
42 years$16,806$10,307$6,086$3,489$1,958$115
43 years$16,231$9,820$5,711$3,221$1,777$96
44 years$15,683$9,361$5,361$2,974$1,613$80
45 years$15,162$8,926$5,034$2,747$1,464$67
46 years$14,665$8,515$4,728$2,537$1,329$56
47 years$14,190$8,126$4,442$2,344$1,207$47
48 years$13,737$7,757$4,174$2,166$1,096$40
49 years$13,303$7,408$3,923$2,002$996$33
50 years$12,888$7,076$3,688$1,850$904$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $13,200,000, adding $3,855 every year, while hoping to spend $52,215 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: 39/47/14 Blend
54$13,200,000$13,200,000$13,200,000$13,200,000
55$14,550,376$13,850,776$13,646,176$15,056,506
56$15,978,958$14,473,908$14,047,767$16,039,829
57$17,551,506$15,125,823$14,461,061$17,097,010
58$19,282,648$15,807,877$14,886,395$18,238,957
59$21,188,504$16,521,489$15,324,115$19,473,347
60$23,286,838$17,268,148$15,774,579$20,808,601
61$25,597,220$18,049,412$16,238,152$22,253,952
62$28,141,217$18,866,914$16,715,211$23,819,528
63$30,942,594$19,722,366$17,206,144$25,516,443
64$34,027,538$20,617,561$17,711,349$27,356,892
65$37,424,903$21,554,377$18,231,235$29,354,264
66$41,166,485$22,534,784$18,766,223$31,523,255
67$45,287,323$23,560,845$19,316,748$33,880,004
68$49,826,024$24,634,721$19,883,254$36,442,234
69$54,825,134$25,758,677$20,466,198$39,229,413
70$60,331,534$26,935,089$21,066,052$42,262,930
71$66,396,885$28,166,443$21,683,300$45,566,283
72$73,078,116$29,455,347$22,318,438$49,165,297
73$80,437,958$30,804,533$22,971,980$53,088,354
74$88,545,538$32,216,864$23,644,450$57,366,651
75$97,477,033$33,695,341$24,336,389$62,034,485
76$107,316,386$35,243,108$25,048,354$67,129,566
77$118,156,099$36,863,462$25,780,916$72,693,354
78$130,098,107$38,559,857$26,534,661$78,771,450
79$143,254,736$40,335,912$27,310,195$85,414,000
80$157,749,771$42,195,423$28,108,138$92,676,167
81$173,719,615$44,142,366$28,929,128$100,618,625
82$191,314,583$46,180,910$29,773,821$109,308,129
83$210,700,318$48,315,422$30,642,892$118,818,119
84$232,059,356$50,550,483$31,537,034$129,229,405
85$255,592,844$52,890,891$32,456,959$140,630,904
86$281,522,447$55,341,677$33,403,400$153,120,471
87$310,092,432$57,908,114$34,377,109$166,805,795
88$341,571,978$60,595,730$35,378,860$181,805,402
89$376,257,716$63,410,318$36,409,449$198,249,749
90$414,476,530$66,357,950$37,469,692$216,282,437
91$456,588,640$69,444,993$38,560,430$236,061,543
92$502,991,003$72,678,120$39,682,526$257,761,084
93$554,121,062$76,064,324$40,836,868$281,572,644
94$610,460,874$79,610,940$42,024,367$307,707,148
95$672,541,660$83,325,653$43,245,960$336,396,829
96$740,948,820$87,216,521$44,502,610$367,897,394
97$816,327,459$91,291,990$45,795,307$402,490,403
98$899,388,479$95,560,916$47,125,069$440,485,901
99$990,915,284$100,032,581$48,492,939$482,225,308
100$1,091,771,183$104,716,718$49,899,992$528,084,611