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%18.2%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,040,800
2 years$551,890$541,611$531,650$521,992$512,623$476,994
3 years$364,272$353,949$344,013$334,445$325,229$290,797
4 years$270,481$260,190$250,353$240,949$231,956$198,986
5 years$214,222$203,992$194,284$185,072$176,329$144,908
6 years$176,727$166,575$157,011$148,003$139,524$109,677
7 years$149,956$139,889$130,477$121,682$113,470$85,194
8 years$129,887$119,911$110,654$102,076$94,134$67,408
9 years$114,286$104,404$95,307$86,946$79,275$54,066
10 years$101,812$92,027$83,091$74,948$67,546$43,816
11 years$91,613$81,926$73,152$65,227$58,092$35,794
12 years$83,120$73,533$64,920$57,213$50,341$29,427
13 years$75,940$66,452$58,002$50,511$43,898$24,314
14 years$69,790$60,403$52,115$44,838$38,481$20,172
15 years$64,465$55,179$47,053$39,987$33,882$16,790
16 years$59,810$50,626$42,660$35,804$29,945$14,014
17 years$55,707$46,625$38,819$32,170$26,551$11,722
18 years$52,064$43,083$35,437$28,992$23,608$9,824
19 years$48,809$39,929$32,441$26,196$21,042$8,245
20 years$45,882$37,104$29,772$23,726$18,795$6,929
21 years$43,238$34,561$27,385$21,533$16,820$5,830
22 years$40,837$32,261$25,239$19,578$15,077$4,909
23 years$38,649$30,173$23,304$17,830$13,534$4,136
24 years$36,645$28,271$21,552$16,262$12,164$3,488
25 years$34,805$26,531$19,962$14,852$10,946$2,942
26 years$33,109$24,934$18,514$13,580$9,860$2,483
27 years$31,542$23,466$17,192$12,430$8,889$2,097
28 years$30,089$22,112$15,982$11,388$8,021$1,771
29 years$28,738$20,860$14,872$10,443$7,243$1,496
30 years$27,480$19,700$13,853$9,584$6,544$1,264
31 years$26,306$18,623$12,915$8,802$5,917$1,068
32 years$25,207$17,621$12,050$8,090$5,352$903
33 years$24,177$16,688$11,251$7,439$4,844$763
34 years$23,209$15,816$10,512$6,845$4,385$646
35 years$22,299$15,001$9,828$6,301$3,972$546
36 years$21,441$14,239$9,194$5,803$3,599$462
37 years$20,632$13,523$8,605$5,347$3,262$390
38 years$19,867$12,852$8,059$4,928$2,957$330
39 years$19,143$12,221$7,550$4,544$2,682$279
40 years$18,457$11,627$7,077$4,191$2,432$236
41 years$17,806$11,068$6,636$3,867$2,207$200
42 years$17,187$10,541$6,224$3,569$2,002$169
43 years$16,600$10,043$5,841$3,294$1,817$143
44 years$16,040$9,573$5,483$3,042$1,649$121
45 years$15,507$9,129$5,148$2,809$1,497$102
46 years$14,998$8,709$4,835$2,595$1,360$87
47 years$14,513$8,311$4,543$2,397$1,235$73
48 years$14,049$7,934$4,269$2,215$1,121$62
49 years$13,605$7,576$4,012$2,047$1,018$52
50 years$13,181$7,237$3,772$1,892$925$44

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 $4,337 every year, while hoping to spend $30,010 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: 71/9/20 Blend
54$13,500,000$13,500,000$13,500,000$13,500,000
55$14,881,474$14,165,974$13,956,724$15,865,453
56$16,367,454$14,828,176$14,392,343$17,183,716
57$18,003,998$15,521,820$14,841,551$18,622,603
58$19,806,432$16,248,416$15,304,769$20,197,295
59$21,791,644$17,009,544$15,782,435$21,921,245
60$23,978,244$17,806,864$16,274,999$23,809,265
61$26,386,738$18,642,114$16,782,925$25,877,659
62$29,039,724$19,517,117$17,306,692$28,144,378
63$31,962,104$20,433,783$17,846,793$30,629,189
64$35,181,316$21,394,116$18,403,739$33,353,855
65$38,727,599$22,400,217$18,978,053$36,342,342
66$42,634,274$23,454,287$19,570,277$39,621,041
67$46,938,057$24,558,634$20,180,969$43,219,013
68$51,679,412$25,715,680$20,810,704$47,168,265
69$56,902,926$26,927,962$21,460,076$51,504,045
70$62,657,732$28,198,141$22,129,697$56,265,175
71$68,997,977$29,529,005$22,820,198$61,494,412
72$75,983,324$30,923,480$23,532,228$67,238,851
73$83,679,525$32,384,633$24,266,460$73,550,363
74$92,159,035$33,915,678$25,023,584$80,486,087
75$101,501,696$35,519,986$25,804,314$88,108,959
76$111,795,496$37,201,092$26,609,386$96,488,307
77$123,137,394$38,962,703$27,439,557$105,700,501
78$135,634,236$40,808,703$28,295,610$115,829,668
79$149,403,765$42,743,167$29,178,350$126,968,484
80$164,575,734$44,770,367$30,088,610$139,219,047
81$181,293,127$46,894,783$31,027,246$152,693,828
82$199,713,510$49,121,111$31,995,143$167,516,738
83$220,010,519$51,454,276$32,993,211$183,824,287
84$242,375,499$53,899,443$34,022,391$201,766,869
85$267,019,310$56,462,026$35,083,652$221,510,176
86$294,174,318$59,147,704$36,177,992$243,236,758
87$324,096,586$61,962,429$37,306,442$267,147,741
88$357,068,295$64,912,445$38,470,065$293,464,717
89$393,400,404$68,004,298$39,669,956$322,431,832
90$433,435,590$71,244,853$40,907,244$354,318,084
91$477,551,478$74,641,308$42,183,094$389,419,856
92$526,164,208$78,201,212$43,498,707$428,063,704
93$579,732,364$81,932,478$44,855,321$470,609,439
94$638,761,304$85,843,409$46,254,213$517,453,509
95$703,807,928$89,942,706$47,696,699$569,032,737
96$775,485,935$94,239,497$49,184,138$625,828,439
97$854,471,622$98,743,354$50,717,927$688,370,954
98$941,510,261$103,464,312$52,299,512$757,244,645
99$1,037,423,141$108,412,897$53,930,379$833,093,406
100$1,143,115,319$113,600,146$55,612,064$916,626,731