Can I retire at age 55 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,072,266
2 years$555,978$545,623$535,588$525,858$516,421$504,121
3 years$366,970$356,571$346,561$336,922$327,638$315,639
4 years$272,485$262,117$252,208$242,734$233,674$222,067
5 years$215,808$205,503$195,723$186,443$177,636$166,455
6 years$178,036$167,809$158,174$149,100$140,557$129,816
7 years$151,067$140,926$131,443$122,583$114,310$104,014
8 years$130,849$120,799$111,474$102,832$94,832$84,978
9 years$115,133$105,177$96,013$87,590$79,862$70,448
10 years$102,567$92,709$83,706$75,503$68,046$59,066
11 years$92,292$82,533$73,693$65,711$58,522$49,968
12 years$83,736$74,077$65,401$57,637$50,714$42,576
13 years$76,502$66,944$58,431$50,885$44,224$36,493
14 years$70,307$60,850$52,501$45,170$38,766$31,431
15 years$64,942$55,588$47,401$40,284$34,133$27,182
16 years$60,253$51,001$42,976$36,070$30,167$23,589
17 years$56,120$46,970$39,107$32,408$26,748$20,530
18 years$52,450$43,402$35,699$29,206$23,783$17,912
19 years$49,170$40,225$32,681$26,390$21,198$15,661
20 years$46,222$37,379$29,993$23,902$18,935$13,719
21 years$43,558$34,817$27,588$21,692$16,944$12,036
22 years$41,140$32,500$25,426$19,723$15,188$10,574
23 years$38,935$30,397$23,477$17,962$13,634$9,301
24 years$36,917$28,480$21,712$16,383$12,254$8,190
25 years$35,063$26,727$20,110$14,962$11,027$7,218
26 years$33,354$25,119$18,651$13,680$9,933$6,367
27 years$31,775$23,640$17,319$12,522$8,955$5,620
28 years$30,311$22,276$16,100$11,473$8,080$4,963
29 years$28,951$21,015$14,983$10,521$7,296$4,386
30 years$27,684$19,846$13,956$9,655$6,593$3,878
31 years$26,500$18,761$13,010$8,868$5,961$3,430
32 years$25,393$17,752$12,139$8,150$5,392$3,035
33 years$24,356$16,811$11,334$7,494$4,880$2,686
34 years$23,381$15,933$10,590$6,895$4,418$2,378
35 years$22,464$15,113$9,901$6,348$4,001$2,106
36 years$21,600$14,344$9,262$5,846$3,625$1,865
37 years$20,785$13,624$8,669$5,386$3,286$1,653
38 years$20,014$12,947$8,118$4,965$2,979$1,464
39 years$19,284$12,311$7,606$4,578$2,701$1,298
40 years$18,593$11,713$7,129$4,222$2,450$1,150
41 years$17,938$11,150$6,685$3,896$2,223$1,020
42 years$17,315$10,619$6,271$3,595$2,017$904
43 years$16,723$10,118$5,884$3,319$1,831$802
44 years$16,159$9,644$5,523$3,064$1,662$711
45 years$15,622$9,197$5,186$2,830$1,509$630
46 years$15,109$8,773$4,871$2,614$1,370$559
47 years$14,620$8,372$4,576$2,415$1,244$496
48 years$14,153$7,993$4,300$2,232$1,129$440
49 years$13,706$7,632$4,042$2,062$1,026$390
50 years$13,278$7,291$3,800$1,906$932$346

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $13,600,000, adding $6,151 every year, while hoping to spend $36,102 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: 67/8/25 Blend
54$13,600,000$13,600,000$13,600,000$13,600,000
55$14,993,545$14,272,745$14,061,945$15,900,846
56$16,484,474$14,933,697$14,494,608$17,172,524
57$18,126,268$15,625,826$14,940,555$18,558,129
58$19,934,277$16,350,621$15,400,193$20,072,739
59$21,925,416$17,109,644$15,873,942$21,729,082
60$24,118,322$17,904,531$16,362,233$23,541,169
61$26,533,536$18,736,997$16,865,512$25,524,423
62$29,193,688$19,608,841$17,384,239$27,695,825
63$32,123,718$20,521,949$17,918,885$30,074,068
64$35,351,108$21,478,295$18,469,938$32,679,736
65$38,906,141$22,479,951$19,037,901$35,535,490
66$42,822,188$23,529,089$19,623,291$38,666,287
67$47,136,022$24,627,985$20,226,642$42,099,606
68$51,888,164$25,779,025$20,848,503$45,865,709
69$57,123,270$26,984,710$21,489,441$49,997,922
70$62,890,546$28,247,663$22,150,039$54,532,947
71$69,244,216$29,570,633$22,830,900$59,511,208
72$76,244,033$30,956,502$23,532,642$64,977,223
73$83,955,845$32,408,290$24,255,906$70,980,030
74$92,452,211$33,929,167$25,001,349$77,573,638
75$101,813,092$35,522,451$25,769,649$84,817,539
76$112,126,602$37,191,626$26,561,507$92,777,265
77$123,489,840$38,940,340$27,377,642$101,525,001
78$136,009,807$40,772,420$28,218,797$111,140,262
79$149,804,417$42,691,878$29,085,736$121,710,644
80$165,003,608$44,702,921$29,979,249$133,332,642
81$181,750,570$46,809,957$30,900,147$146,112,558
82$200,203,094$49,017,611$31,849,268$160,167,502
83$220,535,065$51,330,730$32,827,474$175,626,490
84$242,938,103$53,754,397$33,835,655$192,631,656
85$267,623,366$56,293,939$34,874,727$211,339,595
86$294,823,552$58,954,945$35,945,633$231,922,827
87$324,795,089$61,743,272$37,049,346$254,571,427
88$357,820,558$64,665,062$38,186,870$279,494,812
89$394,211,361$67,726,756$39,359,235$306,923,708
90$434,310,659$70,935,106$40,567,508$337,112,327
91$478,496,611$74,297,191$41,812,785$370,340,757
92$527,185,948$77,820,436$43,096,196$406,917,604
93$580,837,902$81,512,625$44,418,906$447,182,889
94$639,958,543$85,381,919$45,782,115$491,511,261
95$705,105,558$89,436,876$47,187,059$540,315,519
96$776,893,512$93,686,471$48,635,013$594,050,505
97$855,999,655$98,140,112$50,127,290$653,217,388
98$943,170,308$102,807,666$51,665,242$718,368,386
99$1,039,227,916$107,699,478$53,250,265$790,111,971
100$1,145,078,810$112,826,398$54,883,795$869,118,604