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%12.8%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,142,750
2 years$592,771$581,731$571,031$560,658$550,595$537,006
3 years$391,255$380,167$369,495$359,219$349,320$336,065
4 years$290,517$279,463$268,898$258,797$249,138$236,319
5 years$230,090$219,103$208,676$198,781$189,391$177,044
6 years$189,818$178,914$168,641$158,967$149,859$138,000
7 years$161,064$150,252$140,141$130,695$121,875$110,510
8 years$139,508$128,793$118,851$109,637$101,107$90,234
9 years$122,752$112,138$102,366$93,386$85,147$74,761
10 years$109,354$98,844$89,245$80,500$72,549$62,644
11 years$98,400$87,995$78,570$70,059$62,395$52,962
12 years$89,277$78,980$69,729$61,451$54,070$45,099
13 years$81,565$71,374$62,298$54,252$47,150$38,630
14 years$74,959$64,877$55,975$48,159$41,332$33,250
15 years$69,240$59,267$50,538$42,949$36,392$28,736
16 years$64,240$54,376$45,820$38,457$32,163$24,919
17 years$59,834$50,078$41,695$34,553$28,518$21,673
18 years$55,921$46,275$38,062$31,139$25,357$18,896
19 years$52,424$42,887$34,844$28,137$22,601$16,509
20 years$49,281$39,852$31,978$25,483$20,188$14,451
21 years$46,441$37,121$29,413$23,128$18,066$12,669
22 years$43,862$34,651$27,109$21,028$16,193$11,122
23 years$41,511$32,408$25,030$19,151$14,536$9,776
24 years$39,360$30,365$23,149$17,467$13,065$8,601
25 years$37,383$28,496$21,441$15,952$11,757$7,575
26 years$35,562$26,781$19,885$14,585$10,590$6,676
27 years$33,878$25,204$18,465$13,350$9,548$5,888
28 years$32,317$23,750$17,166$12,232$8,615$5,196
29 years$30,867$22,405$15,974$11,217$7,779$4,588
30 years$29,516$21,160$14,879$10,294$7,029$4,053
31 years$28,254$20,003$13,871$9,454$6,355$3,582
32 years$27,074$18,927$12,942$8,689$5,749$3,166
33 years$25,967$17,924$12,084$7,990$5,202$2,800
34 years$24,928$16,988$11,291$7,352$4,710$2,477
35 years$23,951$16,113$10,556$6,768$4,266$2,192
36 years$23,029$15,293$9,875$6,233$3,865$1,940
37 years$22,160$14,525$9,243$5,743$3,503$1,717
38 years$21,338$13,804$8,656$5,293$3,176$1,520
39 years$20,561$13,126$8,109$4,881$2,880$1,346
40 years$19,824$12,489$7,601$4,502$2,612$1,192
41 years$19,125$11,888$7,127$4,153$2,370$1,056
42 years$18,461$11,322$6,686$3,833$2,151$935
43 years$17,829$10,787$6,273$3,538$1,952$829
44 years$17,228$10,282$5,889$3,267$1,772$734
45 years$16,655$9,805$5,529$3,017$1,608$650
46 years$16,109$9,354$5,193$2,787$1,460$576
47 years$15,588$8,926$4,879$2,575$1,326$511
48 years$15,089$8,521$4,585$2,379$1,204$453
49 years$14,613$8,138$4,310$2,199$1,094$401
50 years$14,157$7,773$4,052$2,032$993$355

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 $3,493 every year, while hoping to spend $51,065 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: 62/24/14 Blend
54$14,500,000$14,500,000$14,500,000$14,500,000
55$15,982,603$15,214,103$14,989,353$16,918,779
56$17,558,496$15,905,261$15,437,164$18,238,908
57$19,293,418$16,628,575$15,898,264$19,673,231
58$21,203,537$17,385,565$16,373,047$21,237,718
59$23,306,667$18,177,827$16,861,913$22,944,999
60$25,622,438$19,007,032$17,365,278$24,808,969
61$28,172,480$19,874,930$17,883,568$26,844,907
62$30,980,628$20,783,356$18,417,223$29,069,626
63$34,073,146$21,734,234$18,966,693$31,501,617
64$37,478,974$22,729,579$19,532,444$34,161,231
65$41,230,002$23,771,502$20,114,955$37,070,857
66$45,361,374$24,862,216$20,714,716$40,255,133
67$49,911,811$26,004,042$21,332,237$43,741,175
68$54,923,985$27,199,410$21,968,036$47,558,824
69$60,444,918$28,450,867$22,622,652$51,740,928
70$66,526,425$29,761,085$23,296,636$56,323,640
71$73,225,604$31,132,862$23,990,557$61,346,759
72$80,605,374$32,569,130$24,704,998$66,854,097
73$88,735,069$34,072,964$25,440,563$72,893,888
74$97,691,093$35,647,586$26,197,869$79,519,235
75$107,557,640$37,296,374$26,977,554$86,788,605
76$118,427,490$39,022,867$27,780,272$94,766,374
77$130,402,883$40,830,776$28,606,700$103,523,430
78$143,596,483$42,723,990$29,457,530$113,137,829
79$158,132,444$44,706,586$30,333,477$123,695,528
80$174,147,580$46,782,835$31,235,276$135,291,186
81$191,792,658$48,957,218$32,163,682$148,029,049
82$211,233,817$51,234,430$33,119,473$162,023,927
83$232,654,141$53,619,392$34,103,450$177,402,265
84$256,255,384$56,117,263$35,116,437$194,303,326
85$282,259,875$58,733,451$36,159,280$212,880,500
86$310,912,618$61,473,625$37,232,850$233,302,736
87$342,483,600$64,343,728$38,338,046$255,756,128
88$377,270,346$67,349,990$39,475,790$280,445,658
89$415,600,724$70,498,941$40,647,031$307,597,120
90$457,836,037$73,797,429$41,852,746$337,459,237
91$504,374,439$77,252,629$43,093,939$370,305,995
92$555,654,690$80,872,067$44,371,645$406,439,219
93$612,160,300$84,663,630$45,686,926$446,191,401
94$674,424,091$88,635,587$47,040,878$489,928,826
95$743,033,226$92,796,609$48,434,626$538,055,015
96$818,634,757$97,155,785$49,869,327$591,014,515
97$901,941,726$101,722,642$51,346,174$649,297,077
98$993,739,902$106,507,171$52,866,390$713,442,262
99$1,094,895,195$111,519,846$54,431,238$784,044,516
100$1,206,361,834$116,771,648$56,042,014$861,758,757