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%17.5%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,059,184
2 years$560,066$549,635$539,526$529,725$520,218$486,981
3 years$369,668$359,193$349,109$339,400$330,048$297,890
4 years$274,488$264,045$254,062$244,518$235,393$204,560
5 years$217,395$207,014$197,163$187,814$178,942$149,518
6 years$179,346$169,043$159,337$150,196$141,591$113,601
7 years$152,178$141,962$132,410$123,484$115,151$88,595
8 years$131,811$121,687$112,294$103,588$95,529$70,389
9 years$115,979$105,951$96,719$88,234$80,449$56,699
10 years$103,321$93,390$84,321$76,059$68,547$46,152
11 years$92,971$83,140$74,235$66,194$58,952$37,874
12 years$84,352$74,622$65,882$58,061$51,087$31,281
13 years$77,065$67,437$58,861$51,259$44,549$25,969
14 years$70,824$61,298$52,887$45,502$39,051$21,650
15 years$65,420$55,997$47,750$40,580$34,384$18,110
16 years$60,696$51,376$43,292$36,335$30,388$15,192
17 years$56,533$47,315$39,394$32,647$26,945$12,773
18 years$52,836$43,721$35,962$29,421$23,958$10,761
19 years$49,532$40,521$32,921$26,584$21,354$9,079
20 years$46,562$37,654$30,214$24,077$19,074$7,671
21 years$43,878$35,073$27,791$21,852$17,069$6,489
22 years$41,442$32,739$25,613$19,868$15,300$5,494
23 years$39,221$30,620$23,649$18,094$13,734$4,655
24 years$37,188$28,689$21,872$16,503$12,345$3,947
25 years$35,321$26,924$20,258$15,072$11,108$3,348
26 years$33,600$25,304$18,788$13,781$10,006$2,842
27 years$32,009$23,814$17,446$12,614$9,021$2,413
28 years$30,534$22,440$16,219$11,557$8,140$2,050
29 years$29,164$21,169$15,093$10,598$7,350$1,742
30 years$27,887$19,992$14,058$9,726$6,641$1,480
31 years$26,695$18,899$13,106$8,933$6,004$1,258
32 years$25,580$17,882$12,228$8,210$5,431$1,070
33 years$24,535$16,935$11,418$7,549$4,915$910
34 years$23,553$16,051$10,668$6,946$4,450$774
35 years$22,629$15,224$9,974$6,394$4,031$658
36 years$21,759$14,449$9,330$5,889$3,652$560
37 years$20,937$13,724$8,733$5,426$3,310$476
38 years$20,161$13,042$8,178$5,001$3,001$405
39 years$19,426$12,402$7,662$4,611$2,721$345
40 years$18,730$11,800$7,182$4,253$2,468$293
41 years$18,070$11,232$6,734$3,924$2,239$249
42 years$17,442$10,697$6,317$3,622$2,032$212
43 years$16,845$10,192$5,927$3,343$1,844$181
44 years$16,278$9,715$5,564$3,087$1,674$154
45 years$15,736$9,264$5,224$2,851$1,520$131
46 years$15,220$8,838$4,907$2,633$1,380$111
47 years$14,728$8,434$4,610$2,433$1,253$95
48 years$14,257$8,051$4,332$2,248$1,138$81
49 years$13,807$7,689$4,072$2,078$1,033$69
50 years$13,376$7,344$3,828$1,920$939$58

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 $2,866 every year, while hoping to spend $43,682 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: 36/34/30 Blend
54$13,700,000$13,700,000$13,700,000$13,700,000
55$15,100,356$14,374,256$14,161,906$15,508,047
56$16,594,115$15,032,118$14,589,853$16,471,104
57$18,238,774$15,720,750$15,030,672$17,505,950
58$20,049,677$16,441,615$15,484,748$18,622,357
59$22,043,735$17,196,245$15,952,477$19,827,704
60$24,239,580$17,986,245$16,434,269$21,130,083
61$26,657,744$18,813,298$16,930,544$22,538,369
62$29,320,851$19,679,166$17,441,734$24,062,300
63$32,253,831$20,585,699$17,968,286$25,712,565
64$35,484,156$21,534,833$18,510,658$27,500,896
65$39,042,098$22,528,598$19,069,323$29,440,172
66$42,961,015$23,569,122$19,644,768$31,544,537
67$47,277,665$24,658,635$20,237,494$33,829,526
68$52,032,554$25,799,475$20,848,017$36,312,201
69$57,270,317$26,994,093$21,476,869$39,011,309
70$63,040,141$28,245,055$22,124,596$41,947,448
71$69,396,228$29,555,055$22,791,762$45,143,257
72$76,398,304$30,926,913$23,478,946$48,623,617
73$84,112,186$32,363,587$24,186,747$52,415,879
74$92,610,405$33,868,179$24,915,779$56,550,114
75$101,972,883$35,443,936$25,666,674$61,059,383
76$112,287,695$37,094,267$26,440,085$65,980,046
77$123,651,895$38,822,742$27,236,684$71,352,087
78$136,172,436$40,633,103$28,057,160$77,219,486
79$149,967,175$42,529,276$28,902,226$83,630,621
80$165,165,990$44,515,374$29,772,613$90,638,710
81$181,912,003$46,595,708$30,669,077$98,302,304
82$200,362,929$48,774,801$31,592,394$106,685,826
83$220,692,571$51,057,389$32,543,362$115,860,166
84$243,092,454$53,448,442$33,522,806$125,903,331
85$267,773,637$55,953,168$34,531,572$136,901,174
86$294,968,701$58,577,026$35,570,532$148,948,184
87$324,933,949$61,325,741$36,640,586$162,148,360
88$357,951,824$64,205,314$37,742,658$176,616,179
89$394,333,572$67,222,037$38,877,699$192,477,661
90$434,422,185$70,382,505$40,046,690$209,871,532
91$478,595,633$73,693,633$41,250,639$228,950,520
92$527,270,438$77,162,672$42,490,587$249,882,777
93$580,905,602$80,797,222$43,767,600$272,853,440
94$640,006,941$84,605,253$45,082,782$298,066,360
95$705,131,858$88,595,120$46,437,265$325,746,002
96$776,894,610$92,775,583$47,832,215$356,139,540
97$855,972,100$97,155,826$49,268,835$389,519,165
98$943,110,273$101,745,480$50,748,359$426,184,625
99$1,039,131,154$106,554,642$52,272,062$466,466,029
100$1,144,940,608$111,593,896$53,841,253$510,726,937