Can I retire at age 55 with 15,100,000?

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 $15,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,189,049
2 years$617,299$605,802$594,660$583,857$573,379$558,239
3 years$407,445$395,899$384,785$374,083$363,775$349,012
4 years$302,538$291,027$280,025$269,506$259,447$245,175
5 years$239,611$228,169$217,311$207,006$197,228$183,488
6 years$197,673$186,317$175,619$165,545$156,060$142,868
7 years$167,729$156,469$145,940$136,103$126,918$114,280
8 years$145,281$134,123$123,769$114,174$105,291$93,206
9 years$127,831$116,778$106,602$97,251$88,670$77,132
10 years$113,879$102,934$92,938$83,831$75,551$64,553
11 years$102,471$91,636$81,821$72,958$64,977$54,508
12 years$92,972$82,248$72,614$63,994$56,307$46,356
13 years$84,940$74,328$64,876$56,497$49,101$39,655
14 years$78,061$67,562$58,292$50,152$43,042$34,087
15 years$72,105$61,719$52,629$44,727$37,897$29,419
16 years$66,899$56,626$47,716$40,048$33,494$25,477
17 years$62,310$52,150$43,420$35,983$29,698$22,126
18 years$58,235$48,189$39,637$32,428$26,406$19,264
19 years$54,593$44,661$36,286$29,301$23,536$16,806
20 years$51,320$41,502$33,301$26,538$21,023$14,689
21 years$48,362$38,657$30,631$24,085$18,813$12,859
22 years$45,677$36,085$28,231$21,899$16,863$11,272
23 years$43,229$33,750$26,066$19,943$15,138$9,892
24 years$40,988$31,621$24,107$18,190$13,606$8,690
25 years$38,930$29,675$22,328$16,612$12,243$7,641
26 years$37,033$27,890$20,708$15,189$11,028$6,723
27 years$35,280$26,247$19,229$13,903$9,943$5,920
28 years$33,655$24,733$17,876$12,738$8,972$5,216
29 years$32,144$23,333$16,635$11,681$8,101$4,598
30 years$30,737$22,035$15,495$10,720$7,320$4,055
31 years$29,423$20,830$14,445$9,846$6,618$3,578
32 years$28,194$19,710$13,478$9,048$5,986$3,158
33 years$27,042$18,666$12,584$8,321$5,418$2,788
34 years$25,960$17,691$11,758$7,656$4,905$2,462
35 years$24,942$16,779$10,993$7,048$4,443$2,175
36 years$23,982$15,926$10,284$6,491$4,025$1,922
37 years$23,077$15,126$9,625$5,980$3,648$1,698
38 years$22,221$14,375$9,014$5,512$3,308$1,501
39 years$21,411$13,669$8,445$5,083$2,999$1,327
40 years$20,644$13,005$7,915$4,688$2,721$1,173
41 years$19,916$12,380$7,422$4,325$2,468$1,037
42 years$19,225$11,790$6,962$3,992$2,240$917
43 years$18,567$11,234$6,533$3,685$2,033$811
44 years$17,941$10,708$6,132$3,402$1,845$717
45 years$17,345$10,211$5,758$3,142$1,675$634
46 years$16,776$9,741$5,408$2,902$1,521$561
47 years$16,233$9,296$5,081$2,681$1,381$496
48 years$15,714$8,874$4,775$2,478$1,254$439
49 years$15,218$8,474$4,488$2,290$1,139$388
50 years$14,743$8,095$4,219$2,117$1,035$344

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $15,100,000, adding $2,459 every year, while hoping to spend $42,855 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: 50/36/14 Blend
54$15,100,000$15,100,000$15,100,000$15,100,000
55$16,642,736$15,842,436$15,608,386$17,411,077
56$18,294,698$16,573,118$16,085,670$18,669,830
57$20,113,724$17,338,168$16,577,506$20,032,296
58$22,116,808$18,139,222$17,084,337$21,511,948
59$24,322,679$18,978,001$17,606,619$23,119,820
60$26,751,973$19,856,303$18,144,821$24,868,031
61$29,427,428$20,776,016$18,699,427$26,769,892
62$32,374,102$21,739,118$19,270,934$28,840,030
63$35,619,608$22,747,681$19,859,857$31,094,515
64$39,194,370$23,803,880$20,466,725$33,551,011
65$43,131,917$24,909,991$21,092,082$36,228,929
66$47,469,195$26,068,404$21,736,489$39,149,610
67$52,246,917$27,281,619$22,400,525$42,336,517
68$57,509,946$28,552,262$23,084,787$45,815,446
69$63,307,721$29,883,083$23,789,887$49,614,764
70$69,694,719$31,276,965$24,516,458$53,765,671
71$76,730,973$32,736,929$25,265,153$58,302,479
72$84,482,638$34,266,144$26,036,641$63,262,934
73$93,022,614$35,867,932$26,831,616$68,688,558
74$102,431,234$37,545,774$27,650,788$74,625,032
75$112,797,023$39,303,320$28,494,892$81,122,619
76$124,217,533$41,144,397$29,364,685$88,236,624
77$136,800,264$43,073,015$30,260,945$96,027,908
78$150,663,680$45,093,381$31,184,475$104,563,449
79$165,938,321$47,209,903$32,136,102$113,916,959
80$182,768,046$49,427,204$33,116,677$124,169,573
81$201,311,378$51,750,129$34,127,077$135,410,595
82$221,743,012$54,183,758$35,168,207$147,738,331
83$244,255,455$56,733,419$36,240,998$161,260,999
84$269,060,850$59,404,694$37,346,410$176,097,737
85$296,392,971$62,203,439$38,485,429$192,379,710
86$326,509,438$65,135,792$39,659,076$210,251,331
87$359,694,144$68,208,188$40,868,397$229,871,607
88$396,259,932$71,427,375$42,114,474$251,415,620
89$436,551,556$74,800,427$43,398,420$275,076,163
90$480,948,928$78,334,762$44,721,381$301,065,533
91$529,870,710$82,038,156$46,084,538$329,617,522
92$583,778,260$85,918,764$47,489,108$360,989,594
93$643,179,994$89,985,135$48,936,344$395,465,296
94$708,636,180$94,246,233$50,427,538$433,356,909
95$780,764,229$98,711,457$51,964,020$475,008,367
96$860,244,525$103,390,663$53,547,159$520,798,483
97$947,826,845$108,294,184$55,178,367$571,144,490
98$1,044,337,439$113,432,854$56,859,098$626,505,956
99$1,150,686,830$118,818,036$58,590,849$687,389,084
100$1,267,878,408$124,461,641$60,375,164$754,351,467