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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.5%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,064,329
2 years$555,978$545,623$535,588$525,858$516,421$496,190
3 years$366,970$356,571$346,561$336,922$327,638$307,963
4 years$272,485$262,117$252,208$242,734$233,674$214,706
5 years$215,808$205,503$195,723$186,443$177,636$159,428
6 years$178,036$167,809$158,174$149,100$140,557$123,130
7 years$151,067$140,926$131,443$122,583$114,310$97,669
8 years$130,849$120,799$111,474$102,832$94,832$78,971
9 years$115,133$105,177$96,013$87,590$79,862$64,773
10 years$102,567$92,709$83,706$75,503$68,046$53,715
11 years$92,292$82,533$73,693$65,711$58,522$44,932
12 years$83,736$74,077$65,401$57,637$50,714$37,847
13 years$76,502$66,944$58,431$50,885$44,224$32,058
14 years$70,307$60,850$52,501$45,170$38,766$27,281
15 years$64,942$55,588$47,401$40,284$34,133$23,304
16 years$60,253$51,001$42,976$36,070$30,167$19,971
17 years$56,120$46,970$39,107$32,408$26,748$17,161
18 years$52,450$43,402$35,699$29,206$23,783$14,780
19 years$49,170$40,225$32,681$26,390$21,198$12,753
20 years$46,222$37,379$29,993$23,902$18,935$11,023
21 years$43,558$34,817$27,588$21,692$16,944$9,541
22 years$41,140$32,500$25,426$19,723$15,188$8,268
23 years$38,935$30,397$23,477$17,962$13,634$7,172
24 years$36,917$28,480$21,712$16,383$12,254$6,227
25 years$35,063$26,727$20,110$14,962$11,027$5,411
26 years$33,354$25,119$18,651$13,680$9,933$4,705
27 years$31,775$23,640$17,319$12,522$8,955$4,093
28 years$30,311$22,276$16,100$11,473$8,080$3,563
29 years$28,951$21,015$14,983$10,521$7,296$3,103
30 years$27,684$19,846$13,956$9,655$6,593$2,703
31 years$26,500$18,761$13,010$8,868$5,961$2,355
32 years$25,393$17,752$12,139$8,150$5,392$2,053
33 years$24,356$16,811$11,334$7,494$4,880$1,790
34 years$23,381$15,933$10,590$6,895$4,418$1,561
35 years$22,464$15,113$9,901$6,348$4,001$1,362
36 years$21,600$14,344$9,262$5,846$3,625$1,188
37 years$20,785$13,624$8,669$5,386$3,286$1,036
38 years$20,014$12,947$8,118$4,965$2,979$904
39 years$19,284$12,311$7,606$4,578$2,701$789
40 years$18,593$11,713$7,129$4,222$2,450$689
41 years$17,938$11,150$6,685$3,896$2,223$601
42 years$17,315$10,619$6,271$3,595$2,017$525
43 years$16,723$10,118$5,884$3,319$1,831$458
44 years$16,159$9,644$5,523$3,064$1,662$400
45 years$15,622$9,197$5,186$2,830$1,509$349
46 years$15,109$8,773$4,871$2,614$1,370$305
47 years$14,620$8,372$4,576$2,415$1,244$266
48 years$14,153$7,993$4,300$2,232$1,129$233
49 years$13,706$7,632$4,042$2,062$1,026$203
50 years$13,278$7,291$3,800$1,906$932$177

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 $5,704 every year, while hoping to spend $58,868 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: 40/38/22 Blend
54$13,600,000$13,600,000$13,600,000$13,600,000
55$14,993,084$14,272,284$14,061,484$15,494,936
56$16,459,743$14,908,990$14,469,908$16,492,683
57$18,074,029$15,574,923$14,890,042$17,565,372
58$19,850,936$16,271,451$15,322,215$18,724,682
59$21,806,989$17,000,009$15,766,767$19,978,546
60$23,960,395$17,762,102$16,224,046$21,335,668
61$26,331,213$18,559,303$16,694,410$22,805,601
62$28,941,552$19,393,264$17,178,227$24,398,831
63$31,815,768$20,265,712$17,675,876$26,126,870
64$34,980,703$21,178,458$18,187,744$28,002,360
65$38,465,932$22,133,401$18,714,232$30,039,184
66$42,304,047$23,132,527$19,255,748$32,252,596
67$46,530,959$24,177,920$19,812,715$34,659,351
68$51,186,241$25,271,763$20,385,565$37,277,861
69$56,313,500$26,416,340$20,974,743$40,128,360
70$61,960,785$27,614,050$21,580,706$43,233,090
71$68,181,048$28,867,401$22,203,922$46,616,497
72$75,032,637$30,179,025$22,844,875$50,305,460
73$82,579,846$31,551,678$23,504,059$54,329,532
74$90,893,528$32,988,248$24,181,983$58,721,211
75$100,051,758$34,491,762$24,879,169$63,516,239
76$110,140,571$36,065,392$25,596,154$68,753,926
77$121,254,773$37,712,460$26,333,490$74,477,514
78$133,498,840$39,436,451$27,091,742$80,734,573
79$146,987,899$41,241,014$27,871,492$87,577,437
80$161,848,814$43,129,974$28,673,337$95,063,690
81$178,221,390$45,107,340$29,497,891$103,256,696
82$196,259,685$47,177,312$30,345,783$112,226,180
83$216,133,467$49,344,294$31,217,661$122,048,879
84$238,029,816$51,612,900$32,114,188$132,809,250
85$262,154,891$53,987,966$33,036,047$144,600,248
86$288,735,874$56,474,560$33,983,938$157,524,198
87$318,023,114$59,077,995$34,958,582$171,693,733
88$350,292,493$61,803,837$35,960,715$187,232,850
89$385,848,025$64,657,923$36,991,097$204,278,058
90$425,024,731$67,646,369$38,050,506$222,979,649
91$468,191,797$70,775,585$39,139,742$243,503,098
92$515,756,063$74,052,291$40,259,625$266,030,605
93$568,165,857$77,483,530$41,410,999$290,762,793
94$625,915,236$81,076,683$42,594,728$317,920,581
95$689,548,639$84,839,490$43,811,701$347,747,246
96$759,666,035$88,780,060$45,062,828$380,510,696
97$836,928,585$92,906,897$46,349,047$416,505,970
98$922,064,878$97,228,912$47,671,317$456,058,004
99$1,015,877,814$101,755,448$49,030,625$499,524,665
100$1,119,252,183$106,496,296$50,427,983$547,300,101