Can I retire at age 55 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,081,311
2 years$564,154$553,647$543,464$533,591$524,015$504,814
3 years$372,367$361,815$351,657$341,877$332,457$313,772
4 years$276,492$265,972$255,917$246,303$237,111$219,088
5 years$218,982$208,525$198,602$189,185$180,248$162,937
6 years$180,655$170,277$160,500$151,292$142,624$126,046
7 years$153,289$142,998$133,376$124,386$115,992$100,150
8 years$132,774$122,576$113,113$104,344$96,226$81,118
9 years$116,826$106,724$97,425$88,878$81,036$66,653
10 years$104,075$94,072$84,937$76,614$69,047$55,376
11 years$93,649$83,747$74,777$66,677$59,383$46,409
12 years$84,967$75,167$66,363$58,485$51,460$39,167
13 years$77,627$67,929$59,291$51,633$44,874$33,242
14 years$71,341$61,745$53,273$45,834$39,336$28,346
15 years$65,897$56,405$48,098$40,876$34,635$24,264
16 years$61,139$51,751$43,608$36,600$30,610$20,838
17 years$56,945$47,661$39,682$32,885$27,141$17,944
18 years$53,221$44,041$36,224$29,636$24,133$15,488
19 years$49,893$40,816$33,162$26,779$21,510$13,394
20 years$46,902$37,929$30,434$24,253$19,213$11,603
21 years$44,199$35,329$27,994$22,011$17,194$10,065
22 years$41,745$32,978$25,800$20,013$15,412$8,742
23 years$39,507$30,844$23,822$18,226$13,834$7,602
24 years$37,460$28,899$22,031$16,624$12,435$6,616
25 years$35,579$27,120$20,405$15,182$11,189$5,762
26 years$33,845$25,489$18,925$13,881$10,079$5,022
27 years$32,243$23,988$17,574$12,706$9,087$4,380
28 years$30,757$22,603$16,337$11,641$8,199$3,822
29 years$29,377$21,324$15,203$10,675$7,404$3,336
30 years$28,091$20,138$14,161$9,797$6,690$2,914
31 years$26,890$19,037$13,202$8,998$6,048$2,545
32 years$25,767$18,013$12,318$8,269$5,471$2,224
33 years$24,714$17,059$11,501$7,604$4,951$1,944
34 years$23,725$16,168$10,746$6,997$4,483$1,700
35 years$22,794$15,335$10,047$6,441$4,060$1,486
36 years$21,918$14,555$9,398$5,932$3,679$1,300
37 years$21,090$13,824$8,797$5,465$3,334$1,137
38 years$20,308$13,138$8,238$5,038$3,023$995
39 years$19,568$12,493$7,718$4,645$2,741$870
40 years$18,867$11,886$7,234$4,284$2,486$762
41 years$18,201$11,314$6,783$3,953$2,256$667
42 years$17,569$10,775$6,363$3,648$2,047$583
43 years$16,968$10,266$5,971$3,367$1,858$511
44 years$16,396$9,786$5,604$3,109$1,686$447
45 years$15,851$9,332$5,262$2,872$1,531$391
46 years$15,331$8,902$4,943$2,652$1,390$342
47 years$14,835$8,496$4,643$2,451$1,262$300
48 years$14,361$8,110$4,364$2,264$1,146$262
49 years$13,908$7,745$4,101$2,093$1,041$230
50 years$13,474$7,398$3,856$1,934$945$201

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $13,800,000, adding $2,067 every year, while hoping to spend $33,085 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: 58/12/30 Blend
54$13,800,000$13,800,000$13,800,000$13,800,000
55$15,209,732$14,478,332$14,264,432$15,966,512
56$16,725,923$15,152,568$14,707,088$17,160,522
57$18,395,656$15,858,733$15,163,465$18,458,223
58$20,234,558$16,598,356$15,633,986$19,872,651
59$22,259,848$17,373,041$16,119,090$21,415,148
60$24,490,501$18,184,468$16,619,228$23,098,193
61$26,947,425$19,034,400$17,134,865$24,935,518
62$29,653,660$19,924,684$17,666,481$26,942,229
63$32,634,596$20,857,256$18,214,571$29,134,952
64$35,918,210$21,834,146$18,779,643$31,531,981
65$39,535,331$22,857,483$19,362,225$34,153,454
66$43,519,932$23,929,497$19,962,857$37,021,533
67$47,909,451$25,052,528$20,582,099$40,160,614
68$52,745,141$26,229,028$21,220,525$43,597,553
69$58,072,462$27,461,568$21,878,730$47,361,913
70$63,941,511$28,752,842$22,557,325$51,486,243
71$70,407,491$30,105,677$23,256,941$56,006,378
72$77,531,235$31,523,035$23,978,228$60,961,775
73$85,379,780$33,008,023$24,721,858$66,395,880
74$94,026,997$34,563,896$25,488,520$72,356,534
75$103,554,293$36,194,069$26,278,928$78,896,418
76$114,051,374$37,902,122$27,093,815$86,073,548
77$125,617,096$39,691,807$27,933,939$93,951,816
78$138,360,394$41,567,060$28,800,081$102,601,586
79$152,401,315$43,532,007$29,693,044$112,100,356
80$167,872,147$45,590,973$30,613,659$122,533,483
81$184,918,670$47,748,494$31,562,780$133,994,977
82$203,701,530$50,009,326$32,541,289$146,588,391
83$224,397,758$52,378,455$33,550,095$160,427,785
84$247,202,440$54,861,110$34,590,133$175,638,798
85$272,330,556$57,462,772$35,662,371$192,359,828
86$300,019,015$60,189,190$36,767,802$210,743,329
87$330,528,885$63,046,391$37,907,454$230,957,242
88$364,147,862$66,040,695$39,082,384$253,186,575
89$401,192,983$69,178,728$40,293,683$277,635,137
90$442,013,620$72,467,438$41,542,474$304,527,458
91$486,994,779$75,914,113$42,829,917$334,110,894
92$536,560,733$79,526,391$44,157,206$366,657,955
93$591,179,028$83,312,284$45,525,572$402,468,869
94$651,364,896$87,280,193$46,936,286$441,874,403
95$717,686,119$91,438,926$48,390,655$485,238,974
96$790,768,389$95,797,720$49,890,028$532,964,083
97$871,301,217$100,366,260$51,435,796$585,492,087
98$960,044,439$105,154,705$53,029,393$643,310,366
99$1,057,835,390$110,173,704$54,672,296$706,955,910
100$1,165,596,811$115,434,426$56,366,029$777,020,377