Can I retire at age 55 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,020,902
2 years$543,714$533,587$523,774$514,258$505,029$465,528
3 years$358,875$348,705$338,916$329,490$320,411$282,310
4 years$266,474$256,335$246,644$237,379$228,520$192,109
5 years$211,048$200,970$191,406$182,330$173,717$139,091
6 years$174,109$164,107$154,685$145,811$137,456$104,639
7 years$147,735$137,817$128,544$119,879$111,789$80,771
8 years$127,963$118,135$109,015$100,564$92,740$63,494
9 years$112,593$102,857$93,895$85,658$78,100$50,585
10 years$100,304$90,664$81,860$73,838$66,545$40,710
11 years$90,256$80,713$72,068$64,261$57,231$33,021
12 years$81,889$72,443$63,958$56,366$49,595$26,948
13 years$74,814$65,468$57,143$49,762$43,248$22,100
14 years$68,756$59,508$51,343$44,173$37,911$18,194
15 years$63,510$54,362$46,356$39,395$33,380$15,026
16 years$58,924$49,876$42,028$35,274$29,501$12,442
17 years$54,882$45,934$38,244$31,693$26,158$10,324
18 years$51,293$42,445$34,912$28,562$23,258$8,581
19 years$48,086$39,338$31,960$25,808$20,731$7,142
20 years$45,202$36,554$29,331$23,374$18,517$5,952
21 years$42,597$34,049$26,979$21,214$16,571$4,965
22 years$40,232$31,783$24,866$19,288$14,853$4,145
23 years$38,076$29,726$22,959$17,566$13,333$3,462
24 years$36,102$27,852$21,233$16,021$11,984$2,894
25 years$34,289$26,137$19,666$14,632$10,784$2,420
26 years$32,619$24,565$18,239$13,378$9,714$2,025
27 years$31,074$23,119$16,937$12,246$8,758$1,694
28 years$29,643$21,784$15,745$11,220$7,902$1,418
29 years$28,312$20,551$14,652$10,289$7,136$1,187
30 years$27,073$19,408$13,648$9,442$6,447$994
31 years$25,916$18,347$12,723$8,672$5,829$833
32 years$24,833$17,360$11,871$7,970$5,273$698
33 years$23,818$16,441$11,084$7,329$4,772$584
34 years$22,865$15,582$10,356$6,743$4,320$490
35 years$21,968$14,779$9,683$6,208$3,913$410
36 years$21,123$14,028$9,058$5,717$3,546$344
37 years$20,326$13,323$8,478$5,267$3,213$288
38 years$19,572$12,662$7,939$4,855$2,913$241
39 years$18,859$12,040$7,438$4,477$2,642$202
40 years$18,183$11,455$6,972$4,129$2,396$170
41 years$17,542$10,904$6,537$3,810$2,174$142
42 years$16,933$10,385$6,132$3,516$1,973$119
43 years$16,354$9,895$5,754$3,245$1,790$100
44 years$15,802$9,432$5,401$2,997$1,625$84
45 years$15,277$8,994$5,072$2,768$1,475$70
46 years$14,776$8,580$4,764$2,556$1,339$59
47 years$14,298$8,188$4,475$2,362$1,216$49
48 years$13,841$7,816$4,205$2,182$1,105$41
49 years$13,404$7,464$3,953$2,017$1,003$35
50 years$12,985$7,130$3,716$1,864$911$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $13,300,000, adding $6,059 every year, while hoping to spend $31,452 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: 55/31/14 Blend
54$13,300,000$13,300,000$13,300,000$13,300,000
55$14,662,850$13,957,950$13,751,800$15,415,412
56$16,124,996$14,608,425$14,179,020$16,577,979
57$17,735,227$15,289,719$14,619,499$17,839,303
58$19,508,614$16,003,309$15,073,646$19,211,998
59$21,461,764$16,750,743$15,541,885$20,706,696
60$23,612,980$17,533,645$16,024,654$22,335,079
61$25,982,426$18,353,715$16,522,402$24,109,988
62$28,592,324$19,212,738$17,035,593$26,045,541
63$31,467,162$20,112,584$17,564,707$28,157,255
64$34,633,924$21,055,212$18,110,236$30,462,195
65$38,122,345$22,042,678$18,672,689$32,979,125
66$41,965,191$23,077,136$19,252,591$35,728,681
67$46,198,570$24,160,845$19,850,483$38,733,562
68$50,862,271$25,296,174$20,466,921$42,018,733
69$56,000,141$26,485,604$21,102,480$45,611,662
70$61,660,495$27,731,738$21,757,753$49,542,564
71$67,896,578$29,037,306$22,433,350$53,844,687
72$74,767,063$30,405,168$23,129,901$58,554,615
73$82,336,605$31,838,323$23,848,056$63,712,604
74$90,676,456$33,339,918$24,588,482$69,362,959
75$99,865,129$34,913,248$25,351,870$75,554,439
76$109,989,146$36,561,771$26,138,932$82,340,714
77$121,143,853$38,289,112$26,950,400$89,780,856
78$133,434,318$40,099,071$27,787,031$97,939,893
79$146,976,325$41,995,632$28,649,603$106,889,410
80$161,897,465$43,982,973$29,538,920$116,708,215
81$178,338,343$46,065,475$30,455,810$127,483,073
82$196,453,901$48,247,730$31,401,127$139,309,513
83$216,414,885$50,534,556$32,375,751$152,292,716
84$238,409,455$52,931,000$33,380,590$166,548,499
85$262,644,958$55,442,358$34,416,579$182,204,394
86$289,349,891$58,074,181$35,484,682$199,400,838
87$318,776,055$60,832,291$36,585,893$218,292,483
88$351,200,931$63,722,791$37,721,239$239,049,644
89$386,930,299$66,752,081$38,891,774$261,859,890
90$426,301,130$69,926,874$40,098,589$286,929,799
91$469,684,760$73,254,205$41,342,806$314,486,887
92$517,490,399$76,741,455$42,625,583$344,781,746
93$570,168,994$80,396,360$43,948,114$378,090,382
94$628,217,484$84,227,034$45,311,629$414,716,809
95$692,183,495$88,241,986$46,717,396$454,995,891
96$762,670,505$92,450,138$48,166,723$499,296,488
97$840,343,546$96,860,844$49,660,957$548,024,913
98$925,935,477$101,483,915$51,201,489$601,628,744
99$1,020,253,908$106,329,638$52,789,751$660,601,026
100$1,124,188,818$111,408,802$54,427,219$725,484,898