Can I retire at age 55 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,047,088
2 years$551,890$541,611$531,650$521,992$512,623$483,197
3 years$364,272$353,949$344,013$334,445$325,229$296,719
4 years$270,481$260,190$250,353$240,949$231,956$204,581
5 years$214,222$203,992$194,284$185,072$176,329$150,164
6 years$176,727$166,575$157,011$148,003$139,524$114,593
7 years$149,956$139,889$130,477$121,682$113,470$89,776
8 years$129,887$119,911$110,654$102,076$94,134$71,663
9 years$114,286$104,404$95,307$86,946$79,275$58,006
10 years$101,812$92,027$83,091$74,948$67,546$47,453
11 years$91,613$81,926$73,152$65,227$58,092$39,142
12 years$83,120$73,533$64,920$57,213$50,341$32,500
13 years$75,940$66,452$58,002$50,511$43,898$27,128
14 years$69,790$60,403$52,115$44,838$38,481$22,741
15 years$64,465$55,179$47,053$39,987$33,882$19,130
16 years$59,810$50,626$42,660$35,804$29,945$16,140
17 years$55,707$46,625$38,819$32,170$26,551$13,650
18 years$52,064$43,083$35,437$28,992$23,608$11,568
19 years$48,809$39,929$32,441$26,196$21,042$9,819
20 years$45,882$37,104$29,772$23,726$18,795$8,347
21 years$43,238$34,561$27,385$21,533$16,820$7,104
22 years$40,837$32,261$25,239$19,578$15,077$6,052
23 years$38,649$30,173$23,304$17,830$13,534$5,161
24 years$36,645$28,271$21,552$16,262$12,164$4,404
25 years$34,805$26,531$19,962$14,852$10,946$3,760
26 years$33,109$24,934$18,514$13,580$9,860$3,212
27 years$31,542$23,466$17,192$12,430$8,889$2,745
28 years$30,089$22,112$15,982$11,388$8,021$2,347
29 years$28,738$20,860$14,872$10,443$7,243$2,007
30 years$27,480$19,700$13,853$9,584$6,544$1,717
31 years$26,306$18,623$12,915$8,802$5,917$1,469
32 years$25,207$17,621$12,050$8,090$5,352$1,258
33 years$24,177$16,688$11,251$7,439$4,844$1,077
34 years$23,209$15,816$10,512$6,845$4,385$922
35 years$22,299$15,001$9,828$6,301$3,972$789
36 years$21,441$14,239$9,194$5,803$3,599$676
37 years$20,632$13,523$8,605$5,347$3,262$579
38 years$19,867$12,852$8,059$4,928$2,957$496
39 years$19,143$12,221$7,550$4,544$2,682$425
40 years$18,457$11,627$7,077$4,191$2,432$364
41 years$17,806$11,068$6,636$3,867$2,207$312
42 years$17,187$10,541$6,224$3,569$2,002$267
43 years$16,600$10,043$5,841$3,294$1,817$229
44 years$16,040$9,573$5,483$3,042$1,649$196
45 years$15,507$9,129$5,148$2,809$1,497$168
46 years$14,998$8,709$4,835$2,595$1,360$144
47 years$14,513$8,311$4,543$2,397$1,235$123
48 years$14,049$7,934$4,269$2,215$1,121$106
49 years$13,605$7,576$4,012$2,047$1,018$90
50 years$13,181$7,237$3,772$1,892$925$78

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $13,500,000, adding $6,804 every year, while hoping to spend $44,903 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: 60/17/23 Blend
54$13,500,000$13,500,000$13,500,000$13,500,000
55$14,884,018$14,168,518$13,959,268$15,685,631
56$16,354,412$14,814,999$14,379,127$16,877,176
57$17,973,280$15,491,653$14,811,547$18,171,144
58$19,755,721$16,199,910$15,256,900$19,581,980
59$21,718,370$16,941,271$15,715,571$21,121,042
60$23,879,557$17,717,306$16,187,956$22,800,826
61$26,259,481$18,529,664$16,674,462$24,635,076
62$28,880,400$19,380,069$17,175,508$26,638,917
63$31,766,840$20,270,332$17,691,527$28,828,992
64$34,945,828$21,202,348$18,222,963$31,223,615
65$38,447,143$22,178,104$18,770,273$33,842,938
66$42,303,603$23,199,682$19,333,928$36,709,145
67$46,551,369$24,269,266$19,914,414$39,846,649
68$51,230,291$25,389,142$20,512,229$43,282,327
69$56,384,279$26,561,708$21,127,888$47,045,762
70$62,061,722$27,789,479$21,761,918$51,169,522
71$68,315,941$29,075,086$22,414,866$55,689,462
72$75,205,694$30,421,292$23,087,290$60,645,059
73$82,795,730$31,830,990$23,779,770$66,079,779
74$91,157,399$33,307,214$24,492,897$72,041,481
75$100,369,329$34,853,142$25,227,284$78,582,865
76$110,518,162$36,472,109$25,983,560$85,761,964
77$121,699,379$38,167,605$26,762,373$93,642,686
78$134,018,192$39,943,295$27,564,390$102,295,410
79$147,590,548$41,803,016$28,390,296$111,797,648
80$162,544,212$43,750,793$29,240,800$122,234,764
81$179,019,982$45,790,842$30,116,627$133,700,778
82$197,173,013$47,927,586$31,018,526$146,299,246
83$217,174,282$50,165,659$31,947,269$160,144,228
84$239,212,204$52,509,921$32,903,647$175,361,358
85$263,494,407$54,965,466$33,888,478$192,089,025
86$290,249,695$57,537,633$34,902,601$210,479,664
87$319,730,208$60,232,020$35,946,881$230,701,194
88$352,213,796$63,054,496$37,022,209$252,938,589
89$388,006,650$66,011,213$38,129,500$277,395,618
90$427,446,187$69,108,622$39,269,697$304,296,755
91$470,904,237$72,353,483$40,443,771$333,889,290
92$518,790,552$75,752,887$41,652,720$366,445,655
93$571,556,675$79,314,265$42,897,573$402,265,979
94$629,700,201$83,045,409$44,179,387$441,680,913
95$693,769,476$86,954,489$45,499,251$485,054,740
96$764,368,773$91,050,069$46,858,286$532,788,799
97$842,163,995$95,341,129$48,257,645$585,325,261
98$927,888,962$99,837,084$49,698,516$643,151,289
99$1,022,352,339$104,547,804$51,182,119$706,803,624
100$1,126,445,269$109,483,638$52,709,712$776,873,635