Can I retire at age 55 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,072,925
2 years$568,242$557,659$547,403$537,458$527,812$492,393
3 years$375,065$364,436$354,206$344,355$334,866$300,620
4 years$278,495$267,899$257,771$248,088$238,829$206,019
5 years$220,569$210,036$200,041$190,555$181,554$150,267
6 years$181,964$171,510$161,663$152,389$143,658$113,920
7 years$154,399$144,034$134,343$125,287$116,832$88,642
8 years$133,736$123,464$113,933$105,100$96,923$70,260
9 years$117,672$107,498$98,131$89,522$81,624$56,457
10 years$104,829$94,754$85,552$77,169$69,547$45,840
11 years$94,328$84,354$75,319$67,160$59,813$37,521
12 years$85,583$75,711$66,844$58,908$51,833$30,907
13 years$78,190$68,421$59,720$52,007$45,199$25,590
14 years$71,858$62,193$53,659$46,166$39,621$21,274
15 years$66,375$56,814$48,447$41,172$34,886$17,746
16 years$61,582$52,126$43,924$36,865$30,832$14,843
17 years$57,358$48,006$39,969$33,123$27,338$12,444
18 years$53,607$44,360$36,487$29,851$24,308$10,452
19 years$50,255$41,112$33,402$26,973$21,666$8,792
20 years$47,242$38,203$30,655$24,429$19,352$7,406
21 years$44,519$35,585$28,196$22,171$17,318$6,245
22 years$42,047$33,217$25,987$20,158$15,523$5,271
23 years$39,794$31,067$23,995$18,359$13,935$4,452
24 years$37,731$29,108$22,191$16,744$12,525$3,763
25 years$35,836$27,317$20,553$15,292$11,270$3,182
26 years$34,090$25,673$19,062$13,982$10,152$2,692
27 years$32,476$24,161$17,701$12,798$9,153$2,279
28 years$30,980$22,767$16,455$11,726$8,259$1,929
29 years$29,590$21,478$15,313$10,753$7,457$1,634
30 years$28,294$20,284$14,264$9,868$6,738$1,384
31 years$27,085$19,175$13,297$9,063$6,092$1,173
32 years$25,954$18,144$12,407$8,329$5,511$994
33 years$24,893$17,182$11,584$7,660$4,987$842
34 years$23,897$16,285$10,824$7,047$4,515$714
35 years$22,960$15,446$10,119$6,488$4,090$605
36 years$22,076$14,660$9,466$5,975$3,705$513
37 years$21,243$13,924$8,860$5,505$3,358$435
38 years$20,455$13,233$8,297$5,074$3,045$369
39 years$19,710$12,583$7,774$4,679$2,761$313
40 years$19,003$11,972$7,286$4,315$2,504$265
41 years$18,333$11,396$6,832$3,981$2,272$225
42 years$17,697$10,853$6,409$3,674$2,062$191
43 years$17,091$10,341$6,014$3,392$1,871$162
44 years$16,515$9,857$5,645$3,132$1,698$137
45 years$15,966$9,400$5,301$2,892$1,542$116
46 years$15,442$8,967$4,978$2,672$1,400$99
47 years$14,943$8,557$4,677$2,468$1,271$84
48 years$14,465$8,169$4,395$2,281$1,154$71
49 years$14,008$7,801$4,131$2,108$1,048$60
50 years$13,571$7,452$3,884$1,948$952$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $13,900,000, adding $6,551 every year, while hoping to spend $37,693 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: 46/40/14 Blend
54$13,900,000$13,900,000$13,900,000$13,900,000
55$15,324,557$14,587,857$14,372,407$15,968,452
56$16,847,557$15,262,557$14,813,778$17,090,794
57$18,524,640$15,969,054$15,268,671$18,303,295
58$20,371,481$16,708,866$15,737,500$19,617,849
59$22,405,357$17,483,585$16,220,691$21,043,942
60$24,645,301$18,294,879$16,718,682$22,591,986
61$27,112,290$19,144,496$17,231,925$24,273,414
62$29,829,436$20,034,268$17,760,887$26,100,779
63$32,822,209$20,966,118$18,306,048$28,087,868
64$36,118,675$21,942,059$18,867,902$30,249,824
65$39,749,762$22,964,202$19,446,959$32,603,285
66$43,749,550$24,034,760$20,043,744$35,166,531
67$48,155,594$25,156,053$20,658,799$37,959,652
68$53,009,277$26,330,512$21,292,681$41,004,727
69$58,356,203$27,560,687$21,945,965$44,326,026
70$64,246,624$28,849,249$22,619,244$47,950,231
71$70,735,918$30,199,001$23,313,127$51,906,677
72$77,885,109$31,612,879$24,028,244$56,227,621
73$85,761,442$33,093,963$24,765,242$60,948,539
74$94,439,021$34,645,478$25,524,790$66,108,444
75$103,999,505$36,270,811$26,307,574$71,750,253
76$114,532,882$37,973,507$27,114,304$77,921,171
77$126,138,313$39,757,287$27,945,711$84,673,134
78$138,925,076$41,626,048$28,802,547$92,063,280
79$153,013,588$43,583,880$29,685,587$100,154,480
80$168,536,551$45,635,067$30,595,632$109,015,916
81$185,640,197$47,784,103$31,533,503$118,723,722
82$204,485,672$50,035,698$32,500,050$129,361,685
83$225,250,556$52,394,793$33,496,147$141,022,022
84$248,130,539$54,866,564$34,522,694$153,806,237
85$273,341,270$57,456,441$35,580,620$167,826,059
86$301,120,390$60,170,118$36,670,882$183,204,480
87$331,729,777$63,013,561$37,794,463$200,076,899
88$365,458,017$65,993,028$38,952,381$218,592,377
89$402,623,130$69,115,082$40,145,681$238,915,031
90$443,575,568$72,386,600$41,375,440$261,225,555
91$488,701,529$75,814,796$42,642,771$285,722,906
92$538,426,598$79,407,234$43,948,816$312,626,163
93$593,219,765$83,171,843$45,294,756$342,176,564
94$653,597,856$87,116,937$46,681,804$374,639,763
95$720,130,406$91,251,236$48,111,214$410,308,308
96$793,445,042$95,583,881$49,584,274$449,504,380
97$874,233,403$100,124,458$51,102,314$492,582,798
98$963,257,671$104,883,018$52,666,702$539,934,344
99$1,061,357,766$109,870,099$54,278,850$591,989,416
100$1,169,459,278$115,096,753$55,940,211$649,222,063