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%19.8%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,041,866
2 years$555,978$545,623$535,588$525,858$516,421$474,007
3 years$366,970$356,571$346,561$336,922$327,638$286,762
4 years$272,485$262,117$252,208$242,734$233,674$194,648
5 years$215,808$205,503$195,723$186,443$177,636$140,557
6 years$178,036$167,809$158,174$149,100$140,557$105,452
7 years$151,067$140,926$131,443$122,583$114,310$81,166
8 years$130,849$120,799$111,474$102,832$94,832$63,614
9 years$115,133$105,177$96,013$87,590$79,862$50,525
10 years$102,567$92,709$83,706$75,503$68,046$40,534
11 years$92,292$82,533$73,693$65,711$58,522$32,770
12 years$83,736$74,077$65,401$57,637$50,714$26,654
13 years$76,502$66,944$58,431$50,885$44,224$21,784
14 years$70,307$60,850$52,501$45,170$38,766$17,872
15 years$64,942$55,588$47,401$40,284$34,133$14,707
16 years$60,253$51,001$42,976$36,070$30,167$12,134
17 years$56,120$46,970$39,107$32,408$26,748$10,031
18 years$52,450$43,402$35,699$29,206$23,783$8,306
19 years$49,170$40,225$32,681$26,390$21,198$6,887
20 years$46,222$37,379$29,993$23,902$18,935$5,718
21 years$43,558$34,817$27,588$21,692$16,944$4,751
22 years$41,140$32,500$25,426$19,723$15,188$3,951
23 years$38,935$30,397$23,477$17,962$13,634$3,287
24 years$36,917$28,480$21,712$16,383$12,254$2,737
25 years$35,063$26,727$20,110$14,962$11,027$2,279
26 years$33,354$25,119$18,651$13,680$9,933$1,899
27 years$31,775$23,640$17,319$12,522$8,955$1,583
28 years$30,311$22,276$16,100$11,473$8,080$1,320
29 years$28,951$21,015$14,983$10,521$7,296$1,100
30 years$27,684$19,846$13,956$9,655$6,593$918
31 years$26,500$18,761$13,010$8,868$5,961$765
32 years$25,393$17,752$12,139$8,150$5,392$639
33 years$24,356$16,811$11,334$7,494$4,880$533
34 years$23,381$15,933$10,590$6,895$4,418$445
35 years$22,464$15,113$9,901$6,348$4,001$371
36 years$21,600$14,344$9,262$5,846$3,625$310
37 years$20,785$13,624$8,669$5,386$3,286$258
38 years$20,014$12,947$8,118$4,965$2,979$216
39 years$19,284$12,311$7,606$4,578$2,701$180
40 years$18,593$11,713$7,129$4,222$2,450$150
41 years$17,938$11,150$6,685$3,896$2,223$125
42 years$17,315$10,619$6,271$3,595$2,017$105
43 years$16,723$10,118$5,884$3,319$1,831$87
44 years$16,159$9,644$5,523$3,064$1,662$73
45 years$15,622$9,197$5,186$2,830$1,509$61
46 years$15,109$8,773$4,871$2,614$1,370$51
47 years$14,620$8,372$4,576$2,415$1,244$42
48 years$14,153$7,993$4,300$2,232$1,129$35
49 years$13,706$7,632$4,042$2,062$1,026$30
50 years$13,278$7,291$3,800$1,906$932$25

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 $6,130 every year, while hoping to spend $20,902 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: 51/38/11 Blend
54$13,600,000$13,600,000$13,600,000$13,600,000
55$14,993,523$14,272,723$14,061,923$15,714,212
56$16,500,623$14,949,847$14,510,758$16,884,297
57$18,160,746$15,659,449$14,973,928$18,152,888
58$19,989,480$16,403,100$15,451,892$19,531,498
59$22,003,999$17,182,443$15,945,122$21,030,488
60$24,223,229$17,999,206$16,454,107$22,661,239
61$26,668,029$18,855,197$16,979,350$24,436,252
62$29,361,380$19,752,314$17,521,370$26,369,258
63$32,328,608$20,692,545$18,080,704$28,475,345
64$35,597,624$21,677,978$18,657,905$30,771,095
65$39,199,182$22,710,798$19,253,545$33,274,727
66$43,167,172$23,793,301$19,868,212$36,006,272
67$47,538,942$24,927,892$20,502,516$38,987,746
68$52,355,647$26,117,091$21,157,083$42,243,357
69$57,662,640$27,363,546$21,832,562$45,799,722
70$63,509,898$28,670,028$22,529,621$49,686,111
71$69,952,494$30,039,446$23,248,950$53,934,714
72$77,051,120$31,474,850$23,991,261$58,580,936
73$84,872,654$32,979,438$24,757,289$63,663,726
74$93,490,799$34,556,564$25,547,792$69,225,926
75$102,986,770$36,209,746$26,363,553$75,314,673
76$113,450,067$37,942,670$27,205,379$81,981,831
77$124,979,318$39,759,205$28,074,103$89,284,465
78$137,683,209$41,663,406$28,970,585$97,285,375
79$151,681,510$43,659,527$29,895,714$106,053,671
80$167,106,209$45,752,029$30,850,406$115,665,413
81$184,102,752$47,945,588$31,835,604$126,204,319
82$202,831,422$50,245,111$32,852,286$137,762,536
83$223,468,847$52,655,741$33,901,457$150,441,499
84$246,209,671$55,182,874$34,984,157$164,352,869
85$271,268,389$57,832,166$36,101,458$179,619,576
86$298,881,375$60,609,552$37,254,467$196,376,955
87$329,309,108$63,521,254$38,444,325$214,774,014
88$362,838,639$66,573,797$39,672,212$234,974,813
89$399,786,291$69,774,024$40,939,342$257,160,002
90$440,500,655$73,129,113$42,246,972$281,528,497
91$485,365,872$76,646,591$43,596,396$308,299,342
92$534,805,268$80,334,350$44,988,952$337,713,753
93$589,285,343$84,200,671$46,426,019$370,037,369
94$649,320,178$88,254,234$47,909,021$405,562,737
95$715,476,289$92,504,145$49,439,427$444,612,048
96$788,377,976$96,959,953$51,018,753$487,540,149
97$868,713,213$101,631,674$52,648,565$534,737,866
98$957,240,146$106,529,811$54,330,477$586,635,661
99$1,054,794,248$111,665,380$56,066,155$643,707,670
100$1,162,296,211$117,049,933$57,857,321$706,476,140