Can I retire at age 55 with 15,000,000?

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 $15,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$1,238,686$1,227,652$1,216,888$1,206,381$1,196,121$1,187,588
2 years$613,211$601,790$590,722$579,991$569,581$560,977
3 years$404,746$393,277$382,236$371,606$361,366$352,956
4 years$300,535$289,100$278,170$267,721$257,729$249,579
5 years$238,024$226,658$215,871$205,635$195,922$188,056
6 years$196,364$185,083$174,456$164,448$155,026$147,454
7 years$166,618$155,433$144,974$135,202$126,078$118,803
8 years$144,319$133,234$122,949$113,418$104,594$97,617
9 years$126,984$116,005$105,896$96,607$88,083$81,402
10 years$113,125$102,252$92,323$83,276$75,051$68,662
11 years$101,793$91,029$81,280$72,475$64,546$58,445
12 years$92,356$81,703$72,133$63,570$55,935$50,115
13 years$84,377$73,836$64,446$56,123$48,776$43,232
14 years$77,544$67,114$57,905$49,820$42,757$37,483
15 years$71,628$61,310$52,281$44,430$37,646$32,634
16 years$66,456$56,251$47,400$39,783$33,272$28,515
17 years$61,897$51,805$43,132$35,744$29,501$24,991
18 years$57,849$47,870$39,374$32,213$26,231$21,959
19 years$54,232$44,366$36,045$29,107$23,380$19,339
20 years$50,980$41,227$33,081$26,362$20,884$17,065
21 years$48,042$38,401$30,428$23,925$18,689$15,083
22 years$45,375$35,846$28,044$21,754$16,752$13,351
23 years$42,943$33,526$25,894$19,811$15,037$11,834
24 years$40,717$31,412$23,947$18,069$13,516$10,501
25 years$38,672$29,478$22,180$16,502$12,162$9,327
26 years$36,788$27,705$20,571$15,088$10,955$8,292
27 years$35,046$26,074$19,102$13,811$9,877$7,377
28 years$33,432$24,569$17,757$12,654$8,912$6,568
29 years$31,931$23,178$16,525$11,604$8,048$5,851
30 years$30,534$21,889$15,392$10,649$7,272$5,215
31 years$29,228$20,693$14,350$9,780$6,574$4,651
32 years$28,007$19,579$13,389$8,989$5,947$4,149
33 years$26,863$18,542$12,501$8,266$5,382$3,703
34 years$25,788$17,574$11,680$7,605$4,873$3,306
35 years$24,776$16,668$10,920$7,001$4,413$2,952
36 years$23,823$15,821$10,216$6,448$3,999$2,637
37 years$22,924$15,026$9,562$5,941$3,624$2,356
38 years$22,074$14,280$8,954$5,476$3,286$2,106
39 years$21,270$13,579$8,389$5,049$2,980$1,882
40 years$20,507$12,919$7,863$4,657$2,703$1,682
41 years$19,784$12,298$7,373$4,297$2,452$1,504
42 years$19,097$11,712$6,916$3,965$2,225$1,345
43 years$18,444$11,159$6,490$3,660$2,019$1,203
44 years$17,822$10,637$6,092$3,380$1,833$1,076
45 years$17,230$10,143$5,720$3,121$1,664$963
46 years$16,665$9,676$5,372$2,883$1,511$861
47 years$16,125$9,234$5,047$2,664$1,372$770
48 years$15,610$8,815$4,743$2,461$1,246$689
49 years$15,117$8,418$4,458$2,275$1,131$617
50 years$14,645$8,041$4,191$2,103$1,028$552

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $15,000,000, adding $3,160 every year, while hoping to spend $52,589 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: 64/16/20 Blend
54$15,000,000$15,000,000$15,000,000$15,000,000
55$16,533,260$15,738,260$15,505,760$17,506,867
56$18,163,698$16,453,480$15,969,248$18,877,355
57$19,958,678$17,201,984$16,446,501$20,367,736
58$21,934,928$17,985,346$16,937,924$21,994,748
59$24,110,881$18,805,218$17,443,934$23,771,753
60$26,506,846$19,663,329$17,964,961$25,713,455
61$29,145,204$20,561,492$18,501,447$27,836,035
62$32,050,617$21,501,606$19,053,848$30,157,298
63$35,250,258$22,485,664$19,622,630$32,696,843
64$38,774,073$23,515,750$20,208,277$35,476,237
65$42,655,059$24,594,052$20,811,284$38,519,222
66$46,929,574$25,722,860$21,432,162$41,851,933
67$51,637,687$26,904,576$22,071,436$45,503,140
68$56,823,548$28,141,718$22,729,646$49,504,516
69$62,535,810$29,436,922$23,407,349$53,890,933
70$68,828,085$30,792,953$24,105,117$58,700,784
71$75,759,451$32,212,709$24,823,540$63,976,344
72$83,395,010$33,699,227$25,563,223$69,764,165
73$91,806,500$35,255,688$26,324,791$76,115,504
74$101,072,976$36,885,430$27,108,885$83,086,811
75$111,281,553$38,591,949$27,916,165$90,740,249
76$122,528,227$40,378,911$28,747,313$99,144,279
77$134,918,785$42,250,156$29,603,026$108,374,299
78$148,569,799$44,209,711$30,484,025$118,513,350
79$163,609,729$46,261,798$31,391,051$129,652,894
80$180,180,135$48,410,839$32,324,864$141,893,672
81$198,437,012$50,661,474$33,286,251$155,346,643
82$218,552,263$53,018,562$34,276,016$170,134,032
83$240,715,323$55,487,200$35,294,992$186,390,468
84$265,134,942$58,072,730$36,344,030$204,264,253
85$292,041,162$60,780,750$37,424,011$223,918,754
86$321,687,485$63,617,130$38,535,839$245,533,931
87$354,353,262$66,588,024$39,680,444$269,308,032
88$390,346,340$69,699,881$40,858,784$295,459,454
89$430,005,956$72,959,465$42,071,842$324,228,796
90$473,705,948$76,373,863$43,320,634$355,881,115
91$521,858,280$79,950,508$44,606,200$390,708,426
92$574,916,931$83,697,189$45,929,614$429,032,441
93$633,382,181$87,622,075$47,291,980$471,207,596
94$697,805,334$91,733,727$48,694,432$517,624,387
95$768,793,921$96,041,122$50,138,138$568,713,042
96$847,017,436$100,553,672$51,624,300$624,947,571
97$933,213,655$105,281,243$53,154,155$686,850,223
98$1,028,195,602$110,234,178$54,728,974$754,996,408
99$1,132,859,224$115,423,324$56,350,065$830,020,111
100$1,248,191,847$120,860,049$58,018,774$912,619,859