Can I retire at age 55 with 14,300,000?

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 $14,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,124,655
2 years$584,594$573,707$563,155$552,924$543,001$527,264
3 years$385,858$374,924$364,399$354,264$344,502$329,165
4 years$286,510$275,609$265,189$255,227$245,702$230,883
5 years$226,916$216,081$205,797$196,039$186,779$172,520
6 years$187,200$176,446$166,315$156,774$147,792$134,111
7 years$158,843$148,179$138,208$128,893$120,194$107,096
8 years$137,584$127,017$117,212$108,125$99,713$87,196
9 years$121,058$110,591$100,954$92,098$83,972$72,031
10 years$107,846$97,481$88,014$79,390$71,549$60,174
11 years$97,042$86,781$77,486$69,093$61,534$50,715
12 years$88,046$77,890$68,767$60,604$53,324$43,049
13 years$80,440$70,390$61,439$53,504$46,500$36,754
14 years$73,925$63,982$55,203$47,495$40,761$31,530
15 years$68,285$58,449$49,841$42,357$35,890$27,157
16 years$63,354$53,626$45,188$37,926$31,719$23,469
17 years$59,008$49,388$41,120$34,076$28,125$20,339
18 years$55,150$45,636$37,537$30,710$25,007$17,669
19 years$51,701$42,295$34,363$27,749$22,289$15,382
20 years$48,601$39,303$31,537$25,132$19,909$13,414
21 years$45,800$36,609$29,008$22,809$17,817$11,716
22 years$43,257$34,173$26,735$20,738$15,970$10,247
23 years$40,939$31,961$24,685$18,887$14,336$8,972
24 years$38,817$29,946$22,830$17,226$12,885$7,863
25 years$36,868$28,103$21,145$15,732$11,595$6,898
26 years$35,071$26,412$19,611$14,384$10,444$6,055
27 years$33,411$24,857$18,210$13,166$9,416$5,319
28 years$31,872$23,422$16,929$12,063$8,496$4,675
29 years$30,441$22,096$15,754$11,062$7,672$4,111
30 years$29,109$20,868$14,674$10,152$6,932$3,617
31 years$27,864$19,727$13,680$9,324$6,267$3,183
32 years$26,700$18,666$12,764$8,569$5,669$2,803
33 years$25,609$17,677$11,918$7,880$5,131$2,468
34 years$24,584$16,753$11,135$7,250$4,645$2,174
35 years$23,620$15,890$10,411$6,674$4,207$1,916
36 years$22,712$15,082$9,739$6,147$3,812$1,688
37 years$21,854$14,325$9,115$5,663$3,455$1,488
38 years$21,044$13,614$8,536$5,220$3,132$1,312
39 years$20,277$12,945$7,997$4,813$2,840$1,157
40 years$19,550$12,316$7,496$4,440$2,576$1,020
41 years$18,861$11,724$7,029$4,096$2,337$900
42 years$18,206$11,165$6,593$3,780$2,121$793
43 years$17,583$10,638$6,187$3,490$1,925$700
44 years$16,990$10,141$5,808$3,222$1,747$617
45 years$16,426$9,670$5,453$2,976$1,586$545
46 years$15,887$9,225$5,122$2,749$1,440$480
47 years$15,373$8,803$4,812$2,539$1,308$424
48 years$14,881$8,404$4,522$2,346$1,188$374
49 years$14,411$8,025$4,250$2,169$1,079$330
50 years$13,962$7,666$3,996$2,004$980$291

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $14,300,000, adding $5,159 every year, while hoping to spend $55,092 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: 40/35/25 Blend
54$14,300,000$14,300,000$14,300,000$14,300,000
55$15,763,922$15,006,022$14,784,372$16,277,756
56$17,313,224$15,682,699$15,221,030$17,326,194
57$19,018,709$16,390,687$15,670,471$18,454,156
58$20,896,249$17,131,463$16,133,063$19,673,400
59$22,963,333$17,906,571$16,609,188$20,992,301
60$25,239,233$18,717,634$17,099,236$22,420,050
61$27,745,185$19,566,348$17,603,610$23,966,735
62$30,504,588$20,454,492$18,122,725$25,643,431
63$33,543,226$21,383,932$18,657,006$27,462,299
64$36,889,510$22,356,621$19,206,892$29,436,693
65$40,574,750$23,374,604$19,772,832$31,581,281
66$44,633,442$24,440,028$20,355,290$33,912,177
67$49,103,604$25,555,140$20,954,743$36,447,088
68$54,027,125$26,722,295$21,571,680$39,205,471
69$59,450,166$27,943,962$22,206,605$42,208,709
70$65,423,593$29,222,727$22,860,037$45,480,308
71$72,003,461$30,561,301$23,532,509$49,046,110
72$79,251,534$31,962,525$24,224,568$52,934,526
73$87,235,878$33,429,376$24,936,779$57,176,798
74$96,031,496$34,964,975$25,669,720$61,807,282
75$105,721,041$36,572,591$26,423,988$66,863,768
76$116,395,591$38,255,651$27,200,195$72,387,819
77$128,155,512$40,017,749$27,998,972$78,425,157
78$141,111,403$41,862,647$28,820,967$85,026,086
79$155,385,142$43,794,293$29,666,845$92,245,950
80$171,111,034$45,816,821$30,537,292$100,145,646
81$188,437,080$47,934,565$31,433,012$108,792,187
82$207,526,373$50,152,071$32,354,729$118,259,319
83$228,558,639$52,474,098$33,303,188$128,628,206
84$251,731,930$54,905,639$34,279,155$139,988,182
85$277,264,497$57,451,925$35,283,416$152,437,574
86$305,396,847$60,118,440$36,316,782$166,084,621
87$336,394,014$62,910,932$37,380,083$181,048,477
88$370,548,063$65,835,428$38,474,175$197,460,317
89$408,180,844$68,898,242$39,599,938$215,464,559
90$449,647,030$72,105,996$40,758,276$235,220,207
91$495,337,467$75,465,629$41,950,118$256,902,334
92$545,682,861$78,984,418$43,176,420$280,703,716
93$601,157,846$82,669,988$44,438,163$306,836,623
94$662,285,463$86,530,333$45,736,358$335,534,809
95$729,642,096$90,573,836$47,072,042$367,055,691
96$803,862,917$94,809,281$48,446,283$401,682,752
97$885,647,877$99,245,878$49,860,176$439,728,197
98$975,768,318$103,893,283$51,314,849$481,535,870
99$1,075,074,251$108,761,619$52,811,461$527,484,472
100$1,184,502,382$113,861,496$54,351,203$577,991,108