Can I retire at age 55 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,061,743
2 years$560,066$549,635$539,526$529,725$520,218$489,508
3 years$369,668$359,193$349,109$339,400$330,048$300,304
4 years$274,488$264,045$254,062$244,518$235,393$206,844
5 years$217,395$207,014$197,163$187,814$178,942$151,666
6 years$179,346$169,043$159,337$150,196$141,591$115,612
7 years$152,178$141,962$132,410$123,484$115,151$90,471
8 years$131,811$121,687$112,294$103,588$95,529$72,134
9 years$115,979$105,951$96,719$88,234$80,449$58,317
10 years$103,321$93,390$84,321$76,059$68,547$47,647
11 years$92,971$83,140$74,235$66,194$58,952$39,252
12 years$84,352$74,622$65,882$58,061$51,087$32,548
13 years$77,065$67,437$58,861$51,259$44,549$27,131
14 years$70,824$61,298$52,887$45,502$39,051$22,712
15 years$65,420$55,997$47,750$40,580$34,384$19,080
16 years$60,696$51,376$43,292$36,335$30,388$16,074
17 years$56,533$47,315$39,394$32,647$26,945$13,575
18 years$52,836$43,721$35,962$29,421$23,958$11,487
19 years$49,532$40,521$32,921$26,584$21,354$9,736
20 years$46,562$37,654$30,214$24,077$19,074$8,264
21 years$43,878$35,073$27,791$21,852$17,069$7,022
22 years$41,442$32,739$25,613$19,868$15,300$5,973
23 years$39,221$30,620$23,649$18,094$13,734$5,085
24 years$37,188$28,689$21,872$16,503$12,345$4,332
25 years$35,321$26,924$20,258$15,072$11,108$3,693
26 years$33,600$25,304$18,788$13,781$10,006$3,150
27 years$32,009$23,814$17,446$12,614$9,021$2,688
28 years$30,534$22,440$16,219$11,557$8,140$2,294
29 years$29,164$21,169$15,093$10,598$7,350$1,959
30 years$27,887$19,992$14,058$9,726$6,641$1,673
31 years$26,695$18,899$13,106$8,933$6,004$1,429
32 years$25,580$17,882$12,228$8,210$5,431$1,221
33 years$24,535$16,935$11,418$7,549$4,915$1,044
34 years$23,553$16,051$10,668$6,946$4,450$892
35 years$22,629$15,224$9,974$6,394$4,031$763
36 years$21,759$14,449$9,330$5,889$3,652$652
37 years$20,937$13,724$8,733$5,426$3,310$557
38 years$20,161$13,042$8,178$5,001$3,001$477
39 years$19,426$12,402$7,662$4,611$2,721$407
40 years$18,730$11,800$7,182$4,253$2,468$348
41 years$18,070$11,232$6,734$3,924$2,239$298
42 years$17,442$10,697$6,317$3,622$2,032$255
43 years$16,845$10,192$5,927$3,343$1,844$218
44 years$16,278$9,715$5,564$3,087$1,674$186
45 years$15,736$9,264$5,224$2,851$1,520$159
46 years$15,220$8,838$4,907$2,633$1,380$136
47 years$14,728$8,434$4,610$2,433$1,253$117
48 years$14,257$8,051$4,332$2,248$1,138$100
49 years$13,807$7,689$4,072$2,078$1,033$85
50 years$13,376$7,344$3,828$1,920$939$73

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $13,700,000, adding $6,349 every year, while hoping to spend $39,703 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: 66/5/29 Blend
54$13,700,000$13,700,000$13,700,000$13,700,000
55$15,103,949$14,377,849$14,165,499$15,984,614
56$16,602,308$15,040,120$14,597,800$17,242,582
57$18,252,169$15,733,511$15,043,251$18,612,542
58$20,068,943$16,459,507$15,502,253$20,109,676
59$22,069,613$17,219,660$15,975,216$21,746,539
60$24,272,890$18,015,600$16,462,563$23,536,955
61$26,699,395$18,849,034$16,964,729$25,496,141
62$29,371,850$19,721,754$17,482,164$27,640,851
63$32,315,293$20,635,633$18,015,330$29,989,534
64$35,557,313$21,592,640$18,564,704$32,562,502
65$39,128,314$22,594,834$19,130,776$35,382,124
66$43,061,797$23,644,376$19,714,053$38,473,030
67$47,394,682$24,743,532$20,315,055$41,862,348
68$52,167,649$25,894,675$20,934,319$45,579,951
69$57,425,528$27,100,293$21,572,398$49,658,742
70$63,217,720$28,362,995$22,229,860$54,134,957
71$69,598,660$29,685,515$22,907,294$59,048,509
72$76,628,338$31,070,719$23,605,303$64,443,360
73$84,372,857$32,521,613$24,324,509$70,367,934
74$92,905,063$34,041,346$25,065,554$76,875,570
75$102,305,228$35,633,221$25,829,099$84,025,022
76$112,661,811$37,300,699$26,615,824$91,881,015
77$124,072,292$39,047,409$27,426,430$100,514,848
78$136,644,089$40,877,155$28,261,639$110,005,065
79$150,495,576$42,793,927$29,122,194$120,438,195
80$165,757,200$44,801,904$30,008,863$131,909,561
81$182,572,709$46,905,471$30,922,434$144,524,183
82$201,100,510$49,109,224$31,863,720$158,397,757
83$221,515,166$51,417,980$32,833,559$173,657,751
84$244,009,043$53,836,791$33,832,813$190,444,600
85$268,794,124$56,370,953$34,862,371$208,913,028
86$296,104,012$59,026,017$35,923,148$229,233,505
87$326,196,135$61,807,806$37,016,087$251,593,851
88$359,354,175$64,722,422$38,142,160$276,201,005
89$395,890,744$67,776,264$39,302,366$303,282,974
90$436,150,341$70,976,042$40,497,735$333,090,976
91$480,512,596$74,328,789$41,729,330$365,901,815
92$529,395,862$77,841,880$42,998,244$402,020,479
93$583,261,156$81,523,049$44,305,602$441,783,020
94$642,616,519$85,380,403$45,652,564$485,559,718
95$708,021,804$89,422,443$47,040,325$533,758,572
96$780,093,969$93,658,083$48,470,116$586,829,142
97$859,512,893$98,096,668$49,943,204$645,266,790
98$947,027,801$102,747,998$51,460,895$709,617,347
99$1,043,464,335$107,622,348$53,024,533$780,482,262
100$1,149,732,345$112,730,492$54,635,504$858,524,267