Can I retire at age 55 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,102,103
2 years$576,418$565,683$555,279$545,191$535,407$513,083
3 years$380,462$369,680$359,302$349,309$339,684$317,984
4 years$282,503$271,754$261,480$251,658$242,265$221,357
5 years$223,742$213,058$202,919$193,297$184,166$164,108
6 years$184,582$173,978$163,989$154,581$145,725$126,538
7 years$156,621$146,107$136,275$127,090$118,513$100,203
8 years$135,660$125,240$115,572$106,613$98,318$80,879
9 years$119,365$109,044$99,543$90,810$82,798$66,219
10 years$106,337$96,117$86,783$78,279$70,548$54,814
11 years$95,685$85,567$76,403$68,126$60,674$45,764
12 years$86,815$76,801$67,805$59,756$52,579$38,473
13 years$79,315$69,405$60,580$52,756$45,849$32,524
14 years$72,892$63,088$54,431$46,831$40,191$27,621
15 years$67,330$57,632$49,144$41,765$35,388$23,546
16 years$62,468$52,876$44,556$37,396$31,276$20,136
17 years$58,183$48,697$40,544$33,600$27,731$17,265
18 years$54,378$44,998$37,012$30,280$24,657$14,837
19 years$50,978$41,704$33,883$27,361$21,978$12,774
20 years$47,921$38,753$31,096$24,780$19,631$11,016
21 years$45,160$36,097$28,602$22,490$17,567$9,513
22 years$42,652$33,695$26,361$20,448$15,747$8,225
23 years$40,366$31,514$24,340$18,623$14,135$7,118
24 years$38,274$29,527$22,510$16,985$12,705$6,166
25 years$36,352$27,710$20,849$15,512$11,433$5,345
26 years$34,581$26,043$19,336$14,183$10,298$4,636
27 years$32,943$24,509$17,956$12,982$9,285$4,024
28 years$31,426$23,095$16,692$11,894$8,378$3,494
29 years$30,015$21,787$15,533$10,907$7,565$3,035
30 years$28,702$20,576$14,469$10,010$6,835$2,638
31 years$27,475$19,451$13,489$9,194$6,180$2,293
32 years$26,327$18,405$12,585$8,449$5,590$1,994
33 years$25,251$17,429$11,751$7,770$5,059$1,734
34 years$24,241$16,519$10,979$7,149$4,580$1,508
35 years$23,290$15,668$10,265$6,581$4,149$1,312
36 years$22,394$14,871$9,603$6,061$3,759$1,142
37 years$21,549$14,124$8,988$5,584$3,407$994
38 years$20,750$13,423$8,417$5,147$3,089$865
39 years$19,993$12,764$7,886$4,746$2,801$753
40 years$19,277$12,144$7,391$4,377$2,540$655
41 years$18,597$11,560$6,931$4,039$2,305$571
42 years$17,951$11,009$6,501$3,727$2,091$497
43 years$17,337$10,490$6,100$3,441$1,898$433
44 years$16,753$9,999$5,726$3,177$1,723$377
45 years$16,196$9,535$5,377$2,934$1,564$328
46 years$15,665$9,096$5,050$2,710$1,420$286
47 years$15,158$8,680$4,744$2,504$1,289$249
48 years$14,673$8,286$4,458$2,314$1,171$217
49 years$14,210$7,913$4,191$2,138$1,064$189
50 years$13,767$7,559$3,940$1,976$966$164

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $14,100,000, adding $5,686 every year, while hoping to spend $49,151 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: 59/36/5 Blend
54$14,100,000$14,100,000$14,100,000$14,100,000
55$15,544,065$14,796,765$14,578,215$16,447,154
56$17,077,263$15,469,510$15,014,289$17,725,222
57$18,765,201$16,173,573$15,463,324$19,111,902
58$20,623,608$16,910,435$15,925,703$20,622,498
59$22,669,821$17,681,651$16,401,818$22,268,889
60$24,922,939$18,488,848$16,892,075$24,064,129
61$27,404,010$19,333,733$17,396,891$26,022,569
62$30,136,227$20,218,094$17,916,695$28,159,986
63$33,145,146$21,143,804$18,451,928$30,493,726
64$36,458,928$22,112,827$19,003,045$33,042,864
65$40,108,604$23,127,222$19,570,512$35,828,378
66$44,128,370$24,189,143$20,154,812$38,873,340
67$48,555,905$25,300,853$20,756,440$42,203,129
68$53,432,732$26,464,719$21,375,905$45,845,662
69$58,804,605$27,683,225$22,013,733$49,831,652
70$64,721,944$28,958,972$22,670,462$54,194,893
71$71,240,308$30,294,688$23,346,648$58,972,567
72$78,420,922$31,693,230$24,042,864$64,205,590
73$86,331,253$33,157,596$24,759,697$69,938,989
74$95,045,647$34,690,924$25,497,753$76,222,321
75$104,646,030$36,296,506$26,257,655$83,110,127
76$115,222,683$37,977,793$27,040,044$90,662,442
77$126,875,091$39,738,399$27,845,580$98,945,350
78$139,712,886$41,582,116$28,674,942$108,031,597
79$153,856,876$43,512,915$29,528,828$118,001,267
80$169,440,191$45,534,962$30,407,958$128,942,529
81$186,609,537$47,652,621$31,313,070$140,952,454
82$205,526,579$49,870,469$32,244,928$154,137,923
83$226,369,469$52,193,302$33,204,312$168,616,617
84$249,334,529$54,626,147$34,192,031$184,518,123
85$274,638,099$57,174,276$35,208,912$201,985,133
86$302,518,584$59,843,215$36,255,809$221,174,784
87$333,238,701$62,638,754$37,333,600$242,260,125
88$367,087,962$65,566,966$38,443,189$265,431,728
89$404,385,403$68,634,216$39,585,505$290,899,477
90$445,482,599$71,847,178$40,761,504$318,894,528
91$490,766,980$75,212,846$41,972,171$349,671,475
92$540,665,491$78,738,554$43,218,517$383,510,730
93$595,648,618$82,431,990$44,501,585$420,721,152
94$656,234,835$86,301,215$45,822,445$461,642,940
95$722,995,492$90,354,679$47,182,202$506,650,826
96$796,560,215$94,601,241$48,581,988$556,157,582
97$877,622,844$99,050,189$50,022,972$610,617,898
98$966,947,986$103,711,260$51,506,353$670,532,646
99$1,065,378,232$108,594,663$53,033,367$736,453,582
100$1,173,842,112$113,711,102$54,605,285$808,988,526