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

Use the below retirement simulation to view the chances of a successful retirement.
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%16.1%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,072,958
2 years$564,154$553,647$543,464$533,591$524,015$496,510
3 years$372,367$361,815$351,657$341,877$332,457$305,780
4 years$276,492$265,972$255,917$246,303$237,111$211,468
5 years$218,982$208,525$198,602$189,185$180,248$155,710
6 years$180,655$170,277$160,500$151,292$142,624$119,215
7 years$153,289$142,998$133,376$124,386$115,992$93,715
8 years$132,774$122,576$113,113$104,344$96,226$75,071
9 years$116,826$106,724$97,425$88,878$81,036$60,986
10 years$104,075$94,072$84,937$76,614$69,047$50,077
11 years$93,649$83,747$74,777$66,677$59,383$41,466
12 years$84,967$75,167$66,363$58,485$51,460$34,565
13 years$77,627$67,929$59,291$51,633$44,874$28,968
14 years$71,341$61,745$53,273$45,834$39,336$24,384
15 years$65,897$56,405$48,098$40,876$34,635$20,599
16 years$61,139$51,751$43,608$36,600$30,610$17,454
17 years$56,945$47,661$39,682$32,885$27,141$14,826
18 years$53,221$44,041$36,224$29,636$24,133$12,620
19 years$49,893$40,816$33,162$26,779$21,510$10,761
20 years$46,902$37,929$30,434$24,253$19,213$9,189
21 years$44,199$35,329$27,994$22,011$17,194$7,857
22 years$41,745$32,978$25,800$20,013$15,412$6,725
23 years$39,507$30,844$23,822$18,226$13,834$5,761
24 years$37,460$28,899$22,031$16,624$12,435$4,939
25 years$35,579$27,120$20,405$15,182$11,189$4,238
26 years$33,845$25,489$18,925$13,881$10,079$3,638
27 years$32,243$23,988$17,574$12,706$9,087$3,124
28 years$30,757$22,603$16,337$11,641$8,199$2,684
29 years$29,377$21,324$15,203$10,675$7,404$2,307
30 years$28,091$20,138$14,161$9,797$6,690$1,983
31 years$26,890$19,037$13,202$8,998$6,048$1,706
32 years$25,767$18,013$12,318$8,269$5,471$1,467
33 years$24,714$17,059$11,501$7,604$4,951$1,262
34 years$23,725$16,168$10,746$6,997$4,483$1,086
35 years$22,794$15,335$10,047$6,441$4,060$935
36 years$21,918$14,555$9,398$5,932$3,679$804
37 years$21,090$13,824$8,797$5,465$3,334$692
38 years$20,308$13,138$8,238$5,038$3,023$596
39 years$19,568$12,493$7,718$4,645$2,741$513
40 years$18,867$11,886$7,234$4,284$2,486$442
41 years$18,201$11,314$6,783$3,953$2,256$380
42 years$17,569$10,775$6,363$3,648$2,047$328
43 years$16,968$10,266$5,971$3,367$1,858$282
44 years$16,396$9,786$5,604$3,109$1,686$243
45 years$15,851$9,332$5,262$2,872$1,531$209
46 years$15,331$8,902$4,943$2,652$1,390$180
47 years$14,835$8,496$4,643$2,451$1,262$155
48 years$14,361$8,110$4,364$2,264$1,146$134
49 years$13,908$7,745$4,101$2,093$1,041$115
50 years$13,474$7,398$3,856$1,934$945$99

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 $4,151 every year, while hoping to spend $23,248 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: 47/31/22 Blend
54$13,800,000$13,800,000$13,800,000$13,800,000
55$15,211,882$14,480,482$14,266,582$15,831,241
56$16,738,758$15,165,290$14,719,777$16,949,852
57$18,420,596$15,882,874$15,187,374$18,160,668
58$20,273,179$16,634,816$15,669,833$19,474,471
59$22,313,895$17,422,775$16,167,624$20,900,918
60$24,561,910$18,248,488$16,681,237$22,450,608
61$27,038,340$19,113,779$17,211,174$24,135,188
62$29,766,456$20,020,559$17,757,953$25,967,450
63$32,771,901$20,970,833$18,322,111$27,961,449
64$36,082,934$21,966,703$18,904,201$30,132,630
65$39,730,693$23,010,371$19,504,792$32,497,967
66$43,749,493$24,104,150$20,124,472$35,076,120
67$48,177,149$25,250,460$20,763,849$37,887,599
68$53,055,330$26,451,845$21,423,550$40,954,956
69$58,429,955$27,710,966$22,104,220$44,302,986
70$64,351,625$29,030,618$22,806,526$47,958,959
71$70,876,103$30,413,731$23,531,157$51,952,866
72$78,064,837$31,863,375$24,278,822$56,317,693
73$85,985,542$33,382,772$25,050,254$61,089,726
74$94,712,839$34,975,299$25,846,209$66,308,885
75$104,328,958$36,644,499$26,667,467$72,019,091
76$114,924,517$38,394,084$27,514,832$78,268,667
77$126,599,374$40,227,951$28,389,136$85,110,790
78$139,463,572$42,150,182$29,291,234$92,603,978
79$153,638,377$44,165,061$30,222,010$100,812,634
80$169,257,421$46,277,080$31,182,378$109,807,641
81$186,467,968$48,490,947$32,173,278$119,667,015
82$205,432,299$50,811,601$33,195,680$130,476,637
83$226,329,247$53,244,223$34,250,589$142,331,044
84$249,355,883$55,794,242$35,339,036$155,334,308
85$274,729,379$58,467,356$36,462,090$169,601,006
86$302,689,056$61,269,538$37,620,851$185,257,285
87$333,498,645$64,207,050$38,816,455$202,442,037
88$367,448,774$67,286,463$40,050,073$221,308,193
89$404,859,714$70,514,664$41,322,915$242,024,148
90$446,084,402$73,898,880$42,636,230$264,775,337
91$491,511,771$77,446,685$43,991,304$289,765,960
92$541,570,425$81,166,026$45,389,466$317,220,895
93$596,732,681$85,065,234$46,832,086$347,387,794
94$657,519,034$89,153,050$48,320,580$380,539,406
95$724,503,062$93,438,636$49,856,406$416,976,122
96$798,316,849$97,931,604$51,441,070$457,028,793
97$879,656,949$102,642,033$53,076,127$501,061,821
98$969,290,959$107,580,495$54,763,179$549,476,580
99$1,068,064,773$112,758,075$56,503,882$602,715,172
100$1,176,910,558$118,186,399$58,299,940$661,264,573