Can I retire at age 55 with 14,500,000?

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,113,013
2 years$592,771$581,731$571,031$560,658$550,595$507,530
3 years$391,255$380,167$369,495$359,219$349,320$307,781
4 years$290,517$279,463$268,898$258,797$249,138$209,442
5 years$230,090$219,103$208,676$198,781$189,391$151,640
6 years$189,818$178,914$168,641$158,967$149,859$114,080
7 years$161,064$150,252$140,141$130,695$121,875$88,059
8 years$139,508$128,793$118,851$109,637$101,107$69,222
9 years$122,752$112,138$102,366$93,386$85,147$55,149
10 years$109,354$98,844$89,245$80,500$72,549$44,384
11 years$98,400$87,995$78,570$70,059$62,395$36,000
12 years$89,277$78,980$69,729$61,451$54,070$29,380
13 years$81,565$71,374$62,298$54,252$47,150$24,093
14 years$74,959$64,877$55,975$48,159$41,332$19,836
15 years$69,240$59,267$50,538$42,949$36,392$16,382
16 years$64,240$54,376$45,820$38,457$32,163$13,564
17 years$59,834$50,078$41,695$34,553$28,518$11,255
18 years$55,921$46,275$38,062$31,139$25,357$9,355
19 years$52,424$42,887$34,844$28,137$22,601$7,787
20 years$49,281$39,852$31,978$25,483$20,188$6,489
21 years$46,441$37,121$29,413$23,128$18,066$5,413
22 years$43,862$34,651$27,109$21,028$16,193$4,519
23 years$41,511$32,408$25,030$19,151$14,536$3,775
24 years$39,360$30,365$23,149$17,467$13,065$3,155
25 years$37,383$28,496$21,441$15,952$11,757$2,638
26 years$35,562$26,781$19,885$14,585$10,590$2,207
27 years$33,878$25,204$18,465$13,350$9,548$1,847
28 years$32,317$23,750$17,166$12,232$8,615$1,546
29 years$30,867$22,405$15,974$11,217$7,779$1,294
30 years$29,516$21,160$14,879$10,294$7,029$1,084
31 years$28,254$20,003$13,871$9,454$6,355$908
32 years$27,074$18,927$12,942$8,689$5,749$760
33 years$25,967$17,924$12,084$7,990$5,202$637
34 years$24,928$16,988$11,291$7,352$4,710$534
35 years$23,951$16,113$10,556$6,768$4,266$447
36 years$23,029$15,293$9,875$6,233$3,865$375
37 years$22,160$14,525$9,243$5,743$3,503$314
38 years$21,338$13,804$8,656$5,293$3,176$263
39 years$20,561$13,126$8,109$4,881$2,880$221
40 years$19,824$12,489$7,601$4,502$2,612$185
41 years$19,125$11,888$7,127$4,153$2,370$155
42 years$18,461$11,322$6,686$3,833$2,151$130
43 years$17,829$10,787$6,273$3,538$1,952$109
44 years$17,228$10,282$5,889$3,267$1,772$91
45 years$16,655$9,805$5,529$3,017$1,608$76
46 years$16,109$9,354$5,193$2,787$1,460$64
47 years$15,588$8,926$4,879$2,575$1,326$54
48 years$15,089$8,521$4,585$2,379$1,204$45
49 years$14,613$8,138$4,310$2,199$1,094$38
50 years$14,157$7,773$4,052$2,032$993$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $14,500,000, adding $5,078 every year, while hoping to spend $47,607 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: 66/26/8 Blend
54$14,500,000$14,500,000$14,500,000$14,500,000
55$15,984,238$15,215,738$14,990,988$17,014,618
56$17,563,977$15,910,656$15,442,533$18,395,083
57$19,303,253$16,638,029$15,907,608$19,897,062
58$21,218,290$17,399,397$16,386,618$21,537,303
59$23,326,963$18,196,375$16,879,977$23,329,283
60$25,648,970$19,030,654$17,388,113$25,287,823
61$28,206,015$19,904,006$17,911,465$27,429,231
62$31,022,015$20,818,289$18,450,485$29,771,446
63$34,123,325$21,775,449$19,005,641$32,334,206
64$37,538,986$22,777,529$19,577,413$35,139,231
65$41,301,000$23,826,665$20,166,293$38,210,418
66$45,444,631$24,925,100$20,772,792$41,574,070
67$50,008,735$26,075,182$21,397,433$45,259,133
68$55,036,134$27,279,374$22,040,755$49,297,468
69$60,574,013$28,540,256$22,703,313$53,724,143
70$66,674,367$29,860,534$23,385,679$58,577,761
71$73,394,495$31,243,042$24,088,442$63,900,817
72$80,797,534$32,690,752$24,812,206$69,740,095
73$88,953,063$34,206,779$25,557,595$76,147,102
74$97,937,753$35,794,389$26,325,252$83,178,544
75$107,836,092$37,457,003$27,115,836$90,896,862
76$118,741,186$39,198,208$27,930,029$99,370,807
77$130,755,632$41,021,766$28,768,530$108,676,084
78$143,992,492$42,931,617$29,632,061$118,896,059
79$158,576,355$44,931,895$30,521,364$130,122,538
80$174,644,515$47,026,930$31,437,201$142,456,624
81$192,348,269$49,221,263$32,380,361$156,009,658
82$211,854,341$51,519,653$33,351,652$170,904,271
83$233,346,459$53,927,091$34,351,907$187,275,519
84$257,027,086$56,448,807$35,381,985$205,272,158
85$283,119,335$59,090,285$36,442,768$225,058,030
86$311,869,072$61,857,273$37,535,165$246,813,600
87$343,547,235$64,755,798$38,660,111$270,737,651
88$378,452,398$67,792,178$39,818,570$297,049,143
89$416,913,584$70,973,035$41,011,533$325,989,270
90$459,293,370$74,305,314$42,240,020$357,823,720
91$505,991,314$77,796,295$43,505,080$392,845,173
92$557,447,724$81,453,609$44,807,797$431,376,045
93$614,147,814$85,285,259$46,149,281$473,771,516
94$676,626,287$89,299,633$47,530,678$520,422,869
95$745,472,380$93,505,526$48,953,166$571,761,165
96$821,335,425$97,912,159$50,417,960$628,261,292
97$904,930,985$102,529,201$51,926,308$690,446,433
98$997,047,600$107,366,787$53,479,494$758,892,981
99$1,098,554,241$112,435,545$55,078,843$834,235,964
100$1,210,408,504$117,746,618$56,725,715$917,175,013