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

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 $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%17.6%
1 years$1,238,686$1,227,652$1,216,888$1,206,381$1,196,121$1,159,225
2 years$613,211$601,790$590,722$579,991$569,581$532,732
3 years$404,746$393,277$382,236$371,606$361,366$325,719
4 years$300,535$289,100$278,170$267,721$257,729$223,557
5 years$238,024$226,658$215,871$205,635$195,922$163,318
6 years$196,364$185,083$174,456$164,448$155,026$124,018
7 years$166,618$155,433$144,974$135,202$126,078$96,664
8 years$144,319$133,234$122,949$113,418$104,594$76,755
9 years$126,984$116,005$105,896$96,607$88,083$61,789
10 years$113,125$102,252$92,323$83,276$75,051$50,263
11 years$101,793$91,029$81,280$72,475$64,546$41,221
12 years$92,356$81,703$72,133$63,570$55,935$34,023
13 years$84,377$73,836$64,446$56,123$48,776$28,227
14 years$77,544$67,114$57,905$49,820$42,757$23,515
15 years$71,628$61,310$52,281$44,430$37,646$19,657
16 years$66,456$56,251$47,400$39,783$33,272$16,478
17 years$61,897$51,805$43,132$35,744$29,501$13,844
18 years$57,849$47,870$39,374$32,213$26,231$11,654
19 years$54,232$44,366$36,045$29,107$23,380$9,826
20 years$50,980$41,227$33,081$26,362$20,884$8,296
21 years$48,042$38,401$30,428$23,925$18,689$7,011
22 years$45,375$35,846$28,044$21,754$16,752$5,932
23 years$42,943$33,526$25,894$19,811$15,037$5,022
24 years$40,717$31,412$23,947$18,069$13,516$4,255
25 years$38,672$29,478$22,180$16,502$12,162$3,607
26 years$36,788$27,705$20,571$15,088$10,955$3,059
27 years$35,046$26,074$19,102$13,811$9,877$2,595
28 years$33,432$24,569$17,757$12,654$8,912$2,203
29 years$31,931$23,178$16,525$11,604$8,048$1,870
30 years$30,534$21,889$15,392$10,649$7,272$1,588
31 years$29,228$20,693$14,350$9,780$6,574$1,349
32 years$28,007$19,579$13,389$8,989$5,947$1,146
33 years$26,863$18,542$12,501$8,266$5,382$973
34 years$25,788$17,574$11,680$7,605$4,873$827
35 years$24,776$16,668$10,920$7,001$4,413$703
36 years$23,823$15,821$10,216$6,448$3,999$597
37 years$22,924$15,026$9,562$5,941$3,624$508
38 years$22,074$14,280$8,954$5,476$3,286$432
39 years$21,270$13,579$8,389$5,049$2,980$367
40 years$20,507$12,919$7,863$4,657$2,703$312
41 years$19,784$12,298$7,373$4,297$2,452$265
42 years$19,097$11,712$6,916$3,965$2,225$225
43 years$18,444$11,159$6,490$3,660$2,019$192
44 years$17,822$10,637$6,092$3,380$1,833$163
45 years$17,230$10,143$5,720$3,121$1,664$139
46 years$16,665$9,676$5,372$2,883$1,511$118
47 years$16,125$9,234$5,047$2,664$1,372$100
48 years$15,610$8,815$4,743$2,461$1,246$85
49 years$15,117$8,418$4,458$2,275$1,131$72
50 years$14,645$8,041$4,191$2,103$1,028$62

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 $2,642 every year, while hoping to spend $35,401 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: 73/15/12 Blend
54$15,000,000$15,000,000$15,000,000$15,000,000
55$16,532,725$15,737,725$15,505,225$17,698,971
56$18,181,397$16,471,207$15,986,984$19,203,890
57$19,997,046$17,239,444$16,483,695$20,847,093
58$21,996,668$18,044,100$16,995,822$22,645,941
59$24,198,989$18,886,921$17,523,843$24,615,831
60$26,624,645$19,769,739$18,068,250$26,773,715
61$29,296,374$20,694,472$18,629,552$29,138,249
62$32,239,234$21,663,131$19,208,272$31,729,972
63$35,480,837$22,677,825$19,804,950$34,571,497
64$39,051,609$23,740,765$20,420,142$37,687,716
65$42,985,079$24,854,269$21,054,423$41,106,039
66$47,318,195$26,020,765$21,708,384$44,856,644
67$52,091,670$27,242,802$22,382,634$48,972,761
68$57,350,371$28,523,050$23,077,803$53,490,981
69$63,143,738$29,864,309$23,794,539$58,451,598
70$69,526,253$31,269,514$24,533,509$63,898,984
71$76,557,953$32,741,742$25,295,404$69,882,008
72$84,304,996$34,284,220$26,080,932$76,454,487
73$92,840,290$35,900,330$26,890,827$83,675,694
74$102,244,173$37,593,620$27,725,844$91,610,913
75$112,605,179$39,367,807$28,586,760$100,332,044
76$124,020,868$41,226,791$29,474,377$109,918,287
77$136,598,752$43,174,659$30,389,524$120,456,874
78$150,457,304$45,215,697$31,333,052$132,043,894
79$165,727,081$47,354,398$32,305,841$144,785,190
80$182,551,953$49,595,474$33,308,798$158,797,355
81$201,090,465$51,943,865$34,342,855$174,208,824
82$221,517,330$54,404,751$35,408,977$191,161,081
83$244,025,076$56,983,563$36,508,157$209,809,987
84$268,825,872$59,685,995$37,641,419$230,327,245
85$296,153,522$62,518,019$38,809,817$252,902,013
86$326,265,675$65,485,896$40,014,439$277,742,679
87$359,446,259$68,596,191$41,256,409$305,078,823
88$396,008,160$71,855,786$42,536,881$335,163,378
89$436,296,173$75,271,901$43,857,047$368,275,001
90$480,690,263$78,852,104$45,218,138$404,720,701
91$529,609,143$82,604,331$46,621,419$444,838,723
92$583,514,236$86,536,904$48,068,198$489,001,736
93$642,914,025$90,658,549$49,559,819$537,620,333
94$708,368,855$94,978,417$51,097,672$591,146,902
95$780,496,222$99,506,103$52,683,188$650,079,881
96$859,976,603$104,251,668$54,317,841$714,968,454
97$947,559,880$109,225,664$56,003,152$786,417,720
98$1,044,072,420$114,439,154$57,740,690$865,094,394
99$1,150,424,874$119,903,740$59,532,071$951,733,083
100$1,267,620,777$125,631,588$61,378,960$1,047,143,213