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%12.4%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,113,075
2 years$576,418$565,683$555,279$545,191$535,407$524,047
3 years$380,462$369,680$359,302$349,309$339,684$328,595
4 years$282,503$271,754$261,480$251,658$242,265$231,533
5 years$223,742$213,058$202,919$193,297$184,166$173,822
6 years$184,582$173,978$163,989$154,581$145,725$135,781
7 years$156,621$146,107$136,275$127,090$118,513$108,975
8 years$135,660$125,240$115,572$106,613$98,318$89,184
9 years$119,365$109,044$99,543$90,810$82,798$74,066
10 years$106,337$96,117$86,783$78,279$70,548$62,212
11 years$95,685$85,567$76,403$68,126$60,674$52,727
12 years$86,815$76,801$67,805$59,756$52,579$45,013
13 years$79,315$69,405$60,580$52,756$45,849$38,656
14 years$72,892$63,088$54,431$46,831$40,191$33,361
15 years$67,330$57,632$49,144$41,765$35,388$28,910
16 years$62,468$52,876$44,556$37,396$31,276$25,139
17 years$58,183$48,697$40,544$33,600$27,731$21,925
18 years$54,378$44,998$37,012$30,280$24,657$19,171
19 years$50,978$41,704$33,883$27,361$21,978$16,798
20 years$47,921$38,753$31,096$24,780$19,631$14,747
21 years$45,160$36,097$28,602$22,490$17,567$12,967
22 years$42,652$33,695$26,361$20,448$15,747$11,418
23 years$40,366$31,514$24,340$18,623$14,135$10,067
24 years$38,274$29,527$22,510$16,985$12,705$8,885
25 years$36,352$27,710$20,849$15,512$11,433$7,849
26 years$34,581$26,043$19,336$14,183$10,298$6,939
27 years$32,943$24,509$17,956$12,982$9,285$6,140
28 years$31,426$23,095$16,692$11,894$8,378$5,436
29 years$30,015$21,787$15,533$10,907$7,565$4,815
30 years$28,702$20,576$14,469$10,010$6,835$4,268
31 years$27,475$19,451$13,489$9,194$6,180$3,784
32 years$26,327$18,405$12,585$8,449$5,590$3,356
33 years$25,251$17,429$11,751$7,770$5,059$2,978
34 years$24,241$16,519$10,979$7,149$4,580$2,643
35 years$23,290$15,668$10,265$6,581$4,149$2,347
36 years$22,394$14,871$9,603$6,061$3,759$2,084
37 years$21,549$14,124$8,988$5,584$3,407$1,851
38 years$20,750$13,423$8,417$5,147$3,089$1,644
39 years$19,993$12,764$7,886$4,746$2,801$1,461
40 years$19,277$12,144$7,391$4,377$2,540$1,298
41 years$18,597$11,560$6,931$4,039$2,305$1,154
42 years$17,951$11,009$6,501$3,727$2,091$1,026
43 years$17,337$10,490$6,100$3,441$1,898$912
44 years$16,753$9,999$5,726$3,177$1,723$811
45 years$16,196$9,535$5,377$2,934$1,564$721
46 years$15,665$9,096$5,050$2,710$1,420$641
47 years$15,158$8,680$4,744$2,504$1,289$570
48 years$14,673$8,286$4,458$2,314$1,171$507
49 years$14,210$7,913$4,191$2,138$1,064$451
50 years$13,767$7,559$3,940$1,976$966$401

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 $6,778 every year, while hoping to spend $49,764 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: 42/34/24 Blend
54$14,100,000$14,100,000$14,100,000$14,100,000
55$15,545,192$14,797,892$14,579,342$16,088,540
56$17,077,853$15,470,040$15,014,801$17,149,705
57$18,765,177$16,173,455$15,463,180$18,292,875
58$20,622,888$16,909,618$15,924,860$19,529,889
59$22,668,312$17,680,078$16,400,232$20,869,416
60$24,920,537$18,486,459$16,889,697$22,320,971
61$27,400,602$19,330,466$17,393,672$23,895,001
62$30,131,686$20,213,881$17,912,582$25,602,977
63$33,139,331$21,138,574$18,446,867$27,457,496
64$36,451,684$22,106,506$18,996,978$29,472,397
65$40,099,759$23,119,728$19,563,380$31,662,883
66$44,117,733$24,180,393$20,146,552$34,045,658
67$48,543,266$25,290,756$20,746,986$36,639,079
68$53,417,857$26,453,182$21,365,188$39,463,323
69$58,787,237$27,670,146$22,001,680$42,540,568
70$64,701,797$28,944,245$22,656,999$45,895,197
71$71,217,068$30,278,201$23,331,696$49,554,019
72$78,394,240$31,674,864$24,026,339$53,546,514
73$86,300,745$33,137,224$24,741,513$57,905,103
74$95,010,887$34,668,415$25,477,820$62,665,444
75$104,606,549$36,271,719$26,235,879$67,866,760
76$115,177,962$37,950,578$27,016,326$73,552,200
77$126,824,558$39,708,599$27,819,816$79,769,234
78$139,655,907$41,549,565$28,647,024$86,570,091
79$153,792,755$43,477,439$29,498,644$94,012,244
80$169,368,157$45,496,374$30,375,390$102,158,934
81$186,528,738$47,610,726$31,277,996$111,079,762
82$205,436,078$49,825,061$32,207,217$120,851,328
83$226,268,231$52,144,161$33,163,831$131,557,943
84$249,221,410$54,573,045$34,148,639$143,292,410
85$274,511,839$57,116,969$35,162,463$156,156,886
86$302,377,791$59,781,445$36,206,151$170,263,828
87$333,081,842$62,572,252$37,280,573$185,737,045
88$366,913,343$65,495,446$38,386,626$202,712,844
89$404,191,158$68,557,377$39,525,232$221,341,300
90$445,266,669$71,764,701$40,697,339$241,787,657
91$490,527,094$75,124,396$41,903,925$264,233,866
92$540,399,144$78,643,778$43,145,993$288,880,284
93$595,353,050$82,330,516$44,424,577$315,947,545
94$655,906,999$86,192,649$45,740,738$345,678,619
95$722,632,031$90,238,607$47,095,571$378,341,083
96$796,157,426$94,477,226$48,490,200$414,229,624
97$877,176,644$98,917,771$49,925,783$453,668,796
98$966,453,874$103,569,954$51,403,509$497,016,053
99$1,064,831,246$108,443,958$52,924,603$544,665,105
100$1,173,236,780$113,550,460$54,490,324$597,049,596