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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.4%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,112,572
2 years$592,771$581,731$571,031$560,658$550,595$507,098
3 years$391,255$380,167$369,495$359,219$349,320$307,371
4 years$290,517$279,463$268,898$258,797$249,138$209,058
5 years$230,090$219,103$208,676$198,781$189,391$151,282
6 years$189,818$178,914$168,641$158,967$149,859$113,748
7 years$161,064$150,252$140,141$130,695$121,875$87,752
8 years$139,508$128,793$118,851$109,637$101,107$68,940
9 years$122,752$112,138$102,366$93,386$85,147$54,890
10 years$109,354$98,844$89,245$80,500$72,549$44,148
11 years$98,400$87,995$78,570$70,059$62,395$35,785
12 years$89,277$78,980$69,729$61,451$54,070$29,185
13 years$81,565$71,374$62,298$54,252$47,150$23,917
14 years$74,959$64,877$55,975$48,159$41,332$19,677
15 years$69,240$59,267$50,538$42,949$36,392$16,239
16 years$64,240$54,376$45,820$38,457$32,163$13,437
17 years$59,834$50,078$41,695$34,553$28,518$11,141
18 years$55,921$46,275$38,062$31,139$25,357$9,253
19 years$52,424$42,887$34,844$28,137$22,601$7,696
20 years$49,281$39,852$31,978$25,483$20,188$6,408
21 years$46,441$37,121$29,413$23,128$18,066$5,341
22 years$43,862$34,651$27,109$21,028$16,193$4,456
23 years$41,511$32,408$25,030$19,151$14,536$3,719
24 years$39,360$30,365$23,149$17,467$13,065$3,106
25 years$37,383$28,496$21,441$15,952$11,757$2,595
26 years$35,562$26,781$19,885$14,585$10,590$2,170
27 years$33,878$25,204$18,465$13,350$9,548$1,814
28 years$32,317$23,750$17,166$12,232$8,615$1,517
29 years$30,867$22,405$15,974$11,217$7,779$1,269
30 years$29,516$21,160$14,879$10,294$7,029$1,062
31 years$28,254$20,003$13,871$9,454$6,355$889
32 years$27,074$18,927$12,942$8,689$5,749$744
33 years$25,967$17,924$12,084$7,990$5,202$623
34 years$24,928$16,988$11,291$7,352$4,710$521
35 years$23,951$16,113$10,556$6,768$4,266$436
36 years$23,029$15,293$9,875$6,233$3,865$365
37 years$22,160$14,525$9,243$5,743$3,503$306
38 years$21,338$13,804$8,656$5,293$3,176$256
39 years$20,561$13,126$8,109$4,881$2,880$214
40 years$19,824$12,489$7,601$4,502$2,612$180
41 years$19,125$11,888$7,127$4,153$2,370$150
42 years$18,461$11,322$6,686$3,833$2,151$126
43 years$17,829$10,787$6,273$3,538$1,952$105
44 years$17,228$10,282$5,889$3,267$1,772$88
45 years$16,655$9,805$5,529$3,017$1,608$74
46 years$16,109$9,354$5,193$2,787$1,460$62
47 years$15,588$8,926$4,879$2,575$1,326$52
48 years$15,089$8,521$4,585$2,379$1,204$43
49 years$14,613$8,138$4,310$2,199$1,094$36
50 years$14,157$7,773$4,052$2,032$993$30

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 $5,429 every year, while hoping to spend $25,429 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: 44/48/8 Blend
54$14,500,000$14,500,000$14,500,000$14,500,000
55$15,984,600$15,216,100$14,991,350$16,651,310
56$17,587,973$15,934,633$15,466,504$17,832,156
57$19,354,038$16,687,521$15,956,723$19,108,172
58$21,299,362$17,476,422$16,462,486$20,490,527
59$23,442,202$18,303,072$16,984,285$21,988,989
60$25,802,677$19,169,293$17,522,628$23,614,273
61$28,402,955$20,076,994$18,078,042$25,378,131
62$31,267,467$21,028,176$18,651,066$27,293,463
63$34,423,132$22,024,941$19,242,261$29,374,426
64$37,899,616$23,069,487$19,852,201$31,636,559
65$41,729,609$24,164,124$20,481,482$34,096,924
66$45,949,135$25,311,272$21,130,717$36,774,259
67$50,597,890$26,513,468$21,800,540$39,689,140
68$55,719,620$27,773,373$22,491,602$42,864,174
69$61,362,529$29,093,776$23,204,579$46,324,194
70$67,579,740$30,477,604$23,940,165$50,096,489
71$74,429,790$31,927,923$24,699,078$54,211,047
72$81,977,189$33,447,951$25,482,057$58,700,827
73$90,293,022$35,041,061$26,289,866$63,602,060
74$99,455,627$36,710,789$27,123,292$68,954,575
75$109,551,327$38,460,844$27,983,149$74,802,165
76$120,675,253$40,295,116$28,870,275$81,192,983
77$132,932,234$42,217,682$29,785,534$88,179,985
78$146,437,792$44,232,819$30,729,821$95,821,412
79$161,319,232$46,345,012$31,704,054$104,181,325
80$177,716,839$48,558,963$32,709,185$113,330,193
81$195,785,208$50,879,603$33,746,194$123,345,540
82$215,694,700$53,312,104$34,816,093$134,312,659
83$237,633,051$55,861,889$35,919,923$146,325,394
84$261,807,145$58,534,645$37,058,764$159,487,014
85$288,444,965$61,336,334$38,233,724$173,911,157
86$317,797,748$64,273,211$39,445,950$189,722,887
87$350,142,354$67,351,834$40,696,626$207,059,847
88$385,783,881$70,579,081$41,986,969$226,073,538
89$425,058,545$73,962,163$43,318,240$246,930,719
90$468,336,852$77,508,645$44,691,737$269,814,959
91$516,027,100$81,226,457$46,108,799$294,928,336
92$568,579,230$85,123,920$47,570,810$322,493,321
93$626,489,074$89,209,754$49,079,195$352,754,844
94$690,303,037$93,493,110$50,635,425$385,982,574
95$760,623,255$97,983,581$52,241,020$422,473,431
96$838,113,279$102,691,228$53,897,546$462,554,352
97$923,504,338$107,626,603$55,606,618$506,585,344
98$1,017,602,246$112,800,771$57,369,905$554,962,840
99$1,121,295,004$118,225,339$59,189,127$608,123,399
100$1,235,561,190$123,912,476$61,066,058$666,547,789