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%19.7%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,080,597
2 years$576,418$565,683$555,279$545,191$535,407$491,851
3 years$380,462$369,680$359,302$349,309$339,684$297,701
4 years$282,503$271,754$261,480$251,658$242,265$202,174
5 years$223,742$213,058$202,919$193,297$184,166$146,070
6 years$184,582$173,978$163,989$154,581$145,725$109,647
7 years$156,621$146,107$136,275$127,090$118,513$84,444
8 years$135,660$125,240$115,572$106,613$98,318$66,223
9 years$119,365$109,044$99,543$90,810$82,798$52,629
10 years$106,337$96,117$86,783$78,279$70,548$42,249
11 years$95,685$85,567$76,403$68,126$60,674$34,179
12 years$86,815$76,801$67,805$59,756$52,579$27,819
13 years$79,315$69,405$60,580$52,756$45,849$22,751
14 years$72,892$63,088$54,431$46,831$40,191$18,678
15 years$67,330$57,632$49,144$41,765$35,388$15,382
16 years$62,468$52,876$44,556$37,396$31,276$12,700
17 years$58,183$48,697$40,544$33,600$27,731$10,506
18 years$54,378$44,998$37,012$30,280$24,657$8,707
19 years$50,978$41,704$33,883$27,361$21,978$7,225
20 years$47,921$38,753$31,096$24,780$19,631$6,002
21 years$45,160$36,097$28,602$22,490$17,567$4,991
22 years$42,652$33,695$26,361$20,448$15,747$4,154
23 years$40,366$31,514$24,340$18,623$14,135$3,459
24 years$38,274$29,527$22,510$16,985$12,705$2,882
25 years$36,352$27,710$20,849$15,512$11,433$2,402
26 years$34,581$26,043$19,336$14,183$10,298$2,003
27 years$32,943$24,509$17,956$12,982$9,285$1,671
28 years$31,426$23,095$16,692$11,894$8,378$1,394
29 years$30,015$21,787$15,533$10,907$7,565$1,164
30 years$28,702$20,576$14,469$10,010$6,835$971
31 years$27,475$19,451$13,489$9,194$6,180$811
32 years$26,327$18,405$12,585$8,449$5,590$677
33 years$25,251$17,429$11,751$7,770$5,059$565
34 years$24,241$16,519$10,979$7,149$4,580$472
35 years$23,290$15,668$10,265$6,581$4,149$394
36 years$22,394$14,871$9,603$6,061$3,759$329
37 years$21,549$14,124$8,988$5,584$3,407$275
38 years$20,750$13,423$8,417$5,147$3,089$230
39 years$19,993$12,764$7,886$4,746$2,801$192
40 years$19,277$12,144$7,391$4,377$2,540$160
41 years$18,597$11,560$6,931$4,039$2,305$134
42 years$17,951$11,009$6,501$3,727$2,091$112
43 years$17,337$10,490$6,100$3,441$1,898$93
44 years$16,753$9,999$5,726$3,177$1,723$78
45 years$16,196$9,535$5,377$2,934$1,564$65
46 years$15,665$9,096$5,050$2,710$1,420$54
47 years$15,158$8,680$4,744$2,504$1,289$45
48 years$14,673$8,286$4,458$2,314$1,171$38
49 years$14,210$7,913$4,191$2,138$1,064$32
50 years$13,767$7,559$3,940$1,976$966$27

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 $5,896 every year, while hoping to spend $30,869 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: 75/14/11 Blend
54$14,100,000$14,100,000$14,100,000$14,100,000
55$15,544,282$14,796,982$14,578,432$16,677,253
56$17,096,954$15,489,189$15,033,965$18,117,370
57$18,806,964$16,214,281$15,503,724$19,690,675
58$20,690,329$16,973,834$15,988,152$21,413,989
59$22,764,695$17,769,505$16,487,708$23,302,193
60$25,049,512$18,603,029$17,002,864$25,371,669
61$27,566,208$19,476,223$17,534,106$27,640,453
62$30,338,400$20,390,996$18,081,937$30,128,398
63$33,392,108$21,349,347$18,646,874$32,857,365
64$36,756,010$22,353,372$19,229,451$35,851,422
65$40,461,703$23,405,268$19,830,218$39,137,073
66$44,544,010$24,507,338$20,449,743$42,743,500
67$49,041,301$25,662,000$21,088,612$46,702,837
68$53,995,861$26,871,785$21,747,427$51,050,473
69$59,454,284$28,139,348$22,426,811$55,825,381
70$65,467,919$29,467,474$23,127,407$61,070,481
71$72,093,346$30,859,080$23,849,875$66,833,041
72$79,392,921$32,317,228$24,594,899$73,165,124
73$87,435,352$33,845,125$25,363,182$80,124,071
74$96,296,359$35,446,137$26,155,449$87,773,039
75$106,059,380$37,123,791$26,972,449$96,181,594
76$116,816,364$38,881,784$27,814,954$105,426,363
77$128,668,637$40,723,995$28,683,758$115,591,751
78$141,727,857$42,654,490$29,579,683$126,770,735
79$156,117,071$44,677,532$30,503,575$139,065,735
80$171,971,873$46,797,593$31,456,306$152,589,576
81$189,441,687$49,019,358$32,438,776$167,466,548
82$208,691,176$51,347,743$33,451,911$183,833,571
83$229,901,796$53,787,902$34,496,670$201,841,484
84$253,273,508$56,345,238$35,574,037$221,656,464
85$279,026,670$59,025,419$36,685,031$243,461,581
86$307,404,111$61,834,385$37,830,700$267,458,527
87$338,673,427$64,778,367$39,012,126$293,869,509
88$373,129,508$67,863,898$40,230,424$322,939,339
89$411,097,318$71,097,829$41,486,743$354,937,737
90$452,934,965$74,487,344$42,782,270$390,161,869
91$499,037,083$78,039,975$44,118,227$428,939,145
92$549,838,553$81,763,622$45,495,876$471,630,300
93$605,818,614$85,666,567$46,916,516$518,632,787
94$667,505,381$89,757,498$48,381,487$570,384,523
95$735,480,837$94,045,522$49,892,174$627,368,012
96$810,386,321$98,540,191$51,450,001$690,114,885
97$892,928,587$103,251,522$53,056,437$759,210,913
98$983,886,474$108,190,018$54,712,999$835,301,522
99$1,084,118,260$113,366,695$56,421,250$919,097,874
100$1,194,569,763$118,793,102$58,182,802$1,011,383,566