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%17.7%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,050,609
2 years$555,978$545,623$535,588$525,858$516,421$482,595
3 years$366,970$356,571$346,561$336,922$327,638$294,922
4 years$272,485$262,117$252,208$242,734$233,674$202,318
5 years$215,808$205,503$195,723$186,443$177,636$147,724
6 years$178,036$167,809$158,174$149,100$140,557$112,115
7 years$151,067$140,926$131,443$122,583$114,310$87,336
8 years$130,849$120,799$111,474$102,832$94,832$69,307
9 years$115,133$105,177$96,013$87,590$79,862$55,760
10 years$102,567$92,709$83,706$75,503$68,046$45,330
11 years$92,292$82,533$73,693$65,711$58,522$37,152
12 years$83,736$74,077$65,401$57,637$50,714$30,644
13 years$76,502$66,944$58,431$50,885$44,224$25,406
14 years$70,307$60,850$52,501$45,170$38,766$21,151
15 years$64,942$55,588$47,401$40,284$34,133$17,668
16 years$60,253$51,001$42,976$36,070$30,167$14,800
17 years$56,120$46,970$39,107$32,408$26,748$12,425
18 years$52,450$43,402$35,699$29,206$23,783$10,452
19 years$49,170$40,225$32,681$26,390$21,198$8,806
20 years$46,222$37,379$29,993$23,902$18,935$7,428
21 years$43,558$34,817$27,588$21,692$16,944$6,274
22 years$41,140$32,500$25,426$19,723$15,188$5,303
23 years$38,935$30,397$23,477$17,962$13,634$4,487
24 years$36,917$28,480$21,712$16,383$12,254$3,798
25 years$35,063$26,727$20,110$14,962$11,027$3,217
26 years$33,354$25,119$18,651$13,680$9,933$2,726
27 years$31,775$23,640$17,319$12,522$8,955$2,311
28 years$30,311$22,276$16,100$11,473$8,080$1,960
29 years$28,951$21,015$14,983$10,521$7,296$1,663
30 years$27,684$19,846$13,956$9,655$6,593$1,411
31 years$26,500$18,761$13,010$8,868$5,961$1,197
32 years$25,393$17,752$12,139$8,150$5,392$1,016
33 years$24,356$16,811$11,334$7,494$4,880$863
34 years$23,381$15,933$10,590$6,895$4,418$732
35 years$22,464$15,113$9,901$6,348$4,001$622
36 years$21,600$14,344$9,262$5,846$3,625$528
37 years$20,785$13,624$8,669$5,386$3,286$448
38 years$20,014$12,947$8,118$4,965$2,979$381
39 years$19,284$12,311$7,606$4,578$2,701$324
40 years$18,593$11,713$7,129$4,222$2,450$275
41 years$17,938$11,150$6,685$3,896$2,223$233
42 years$17,315$10,619$6,271$3,595$2,017$198
43 years$16,723$10,118$5,884$3,319$1,831$168
44 years$16,159$9,644$5,523$3,064$1,662$143
45 years$15,622$9,197$5,186$2,830$1,509$122
46 years$15,109$8,773$4,871$2,614$1,370$103
47 years$14,620$8,372$4,576$2,415$1,244$88
48 years$14,153$7,993$4,300$2,232$1,129$75
49 years$13,706$7,632$4,042$2,062$1,026$63
50 years$13,278$7,291$3,800$1,906$932$54

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 $5,763 every year, while hoping to spend $38,308 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: 71/14/15 Blend
54$13,600,000$13,600,000$13,600,000$13,600,000
55$14,993,145$14,272,345$14,061,545$16,006,362
56$16,481,686$14,930,930$14,491,847$17,338,392
57$18,120,774$15,620,502$14,935,280$18,790,970
58$19,925,726$16,342,539$15,392,245$20,380,190
59$21,913,416$17,098,590$15,863,151$22,119,550
60$24,102,442$17,890,278$16,348,424$24,023,903
61$26,513,294$18,719,305$16,848,499$26,109,600
62$29,168,555$19,587,455$17,363,828$28,394,641
63$32,093,105$20,496,598$17,894,875$30,898,840
64$35,314,364$21,448,694$18,442,115$33,644,013
65$38,862,546$22,445,797$19,006,043$36,654,178
66$42,770,946$23,490,061$19,587,166$39,955,780
67$47,076,251$24,583,743$20,186,005$43,577,938
68$51,818,892$25,729,210$20,803,099$47,552,715
69$57,043,419$26,928,941$21,439,003$51,915,420
70$62,798,927$28,185,538$22,094,288$56,704,936
71$69,139,514$29,501,726$22,769,544$61,964,082
72$76,124,797$30,880,363$23,465,376$67,740,018
73$83,820,470$32,324,444$24,182,409$74,084,680
74$92,298,926$33,837,110$24,921,288$81,055,271
75$101,639,941$35,421,653$25,682,676$88,714,797
76$111,931,424$37,081,524$26,467,255$97,132,653
77$123,270,252$38,820,341$27,275,731$106,385,277
78$135,763,178$40,641,898$28,108,828$116,556,864
79$149,527,842$42,550,170$28,967,293$127,740,159
80$164,693,881$44,549,328$29,851,897$140,037,324
81$181,404,154$46,643,742$30,763,432$153,560,900
82$199,816,086$48,837,995$31,702,716$168,434,860
83$220,103,161$51,136,890$32,670,591$184,795,776
84$242,456,550$53,545,464$33,667,923$202,794,099
85$267,086,925$56,069,000$34,695,605$222,595,578
86$294,226,443$58,713,032$35,754,559$244,382,813
87$324,130,936$61,483,366$36,845,733$268,356,971
88$357,082,330$64,386,089$37,970,103$294,739,683
89$393,391,301$67,427,581$39,128,675$323,775,122
90$433,400,215$70,614,534$40,322,487$355,732,304
91$477,486,353$73,953,962$41,552,606$390,907,618
92$526,065,475$77,453,220$42,820,132$429,627,614
93$579,595,746$81,120,020$44,126,200$472,252,079
94$638,582,060$84,962,449$45,471,975$519,177,420
95$703,580,805$88,988,985$46,858,662$570,840,398
96$775,205,120$93,208,517$48,287,499$627,722,243
97$854,130,675$97,630,368$49,759,763$690,353,181
98$941,102,057$102,264,309$51,276,769$759,317,430
99$1,036,939,797$107,120,591$52,839,871$835,258,707
100$1,142,548,115$112,209,958$54,450,465$918,886,284