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%17.5%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,167,422
2 years$617,299$605,802$594,660$583,857$573,379$536,746
3 years$407,445$395,899$384,785$374,083$363,775$328,331
4 years$302,538$291,027$280,025$269,506$259,447$225,464
5 years$239,611$228,169$217,311$207,006$197,228$164,797
6 years$197,673$186,317$175,619$165,545$156,060$125,210
7 years$167,729$156,469$145,940$136,103$126,918$97,649
8 years$145,281$134,123$123,769$114,174$105,291$77,582
9 years$127,831$116,778$106,602$97,251$88,670$62,493
10 years$113,879$102,934$92,938$83,831$75,551$50,868
11 years$102,471$91,636$81,821$72,958$64,977$41,744
12 years$92,972$82,248$72,614$63,994$56,307$34,478
13 years$84,940$74,328$64,876$56,497$49,101$28,623
14 years$78,061$67,562$58,292$50,152$43,042$23,862
15 years$72,105$61,719$52,629$44,727$37,897$19,961
16 years$66,899$56,626$47,716$40,048$33,494$16,744
17 years$62,310$52,150$43,420$35,983$29,698$14,079
18 years$58,235$48,189$39,637$32,428$26,406$11,860
19 years$54,593$44,661$36,286$29,301$23,536$10,007
20 years$51,320$41,502$33,301$26,538$21,023$8,455
21 years$48,362$38,657$30,631$24,085$18,813$7,152
22 years$45,677$36,085$28,231$21,899$16,863$6,055
23 years$43,229$33,750$26,066$19,943$15,138$5,131
24 years$40,988$31,621$24,107$18,190$13,606$4,350
25 years$38,930$29,675$22,328$16,612$12,243$3,691
26 years$37,033$27,890$20,708$15,189$11,028$3,132
27 years$35,280$26,247$19,229$13,903$9,943$2,660
28 years$33,655$24,733$17,876$12,738$8,972$2,259
29 years$32,144$23,333$16,635$11,681$8,101$1,920
30 years$30,737$22,035$15,495$10,720$7,320$1,631
31 years$29,423$20,830$14,445$9,846$6,618$1,387
32 years$28,194$19,710$13,478$9,048$5,986$1,179
33 years$27,042$18,666$12,584$8,321$5,418$1,003
34 years$25,960$17,691$11,758$7,656$4,905$853
35 years$24,942$16,779$10,993$7,048$4,443$725
36 years$23,982$15,926$10,284$6,491$4,025$617
37 years$23,077$15,126$9,625$5,980$3,648$525
38 years$22,221$14,375$9,014$5,512$3,308$446
39 years$21,411$13,669$8,445$5,083$2,999$380
40 years$20,644$13,005$7,915$4,688$2,721$323
41 years$19,916$12,380$7,422$4,325$2,468$275
42 years$19,225$11,790$6,962$3,992$2,240$234
43 years$18,567$11,234$6,533$3,685$2,033$199
44 years$17,941$10,708$6,132$3,402$1,845$169
45 years$17,345$10,211$5,758$3,142$1,675$144
46 years$16,776$9,741$5,408$2,902$1,521$123
47 years$16,233$9,296$5,081$2,681$1,381$104
48 years$15,714$8,874$4,775$2,478$1,254$89
49 years$15,218$8,474$4,488$2,290$1,139$76
50 years$14,743$8,095$4,219$2,117$1,035$64

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 $4,528 every year, while hoping to spend $29,746 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: 63/7/30 Blend
54$15,100,000$15,100,000$15,100,000$15,100,000
55$16,644,871$15,844,571$15,610,521$17,559,014
56$18,310,998$16,589,305$16,101,824$18,925,577
57$20,146,073$17,369,535$16,608,588$20,414,088
58$22,167,298$18,186,967$17,131,301$22,039,515
59$24,393,627$19,043,393$17,670,464$23,815,303
60$26,845,947$19,940,689$18,226,595$25,756,253
61$29,547,275$20,880,825$18,800,227$27,878,654
62$32,522,974$21,865,862$19,391,912$30,200,437
63$35,800,994$22,897,966$20,002,218$32,741,341
64$39,412,134$23,979,404$20,631,730$35,523,097
65$43,390,331$25,112,555$21,281,053$38,569,630
66$47,772,987$26,299,913$21,950,811$41,907,281
67$52,601,315$27,544,091$22,641,646$45,565,054
68$57,920,729$28,847,832$23,354,221$49,574,888
69$63,781,278$30,214,010$24,089,222$53,971,950
70$70,238,110$31,645,638$24,847,352$58,794,969
71$77,352,000$33,145,877$25,629,342$64,086,597
72$85,189,920$34,718,041$26,435,940$69,893,804
73$93,825,669$36,365,603$27,267,922$76,268,323
74$103,340,576$38,092,206$28,126,086$83,267,132
75$113,824,262$39,901,671$29,011,256$90,952,987
76$125,375,486$41,798,002$29,924,283$99,395,011
77$138,103,081$43,785,399$30,866,042$108,669,342
78$152,126,978$45,868,267$31,837,437$118,859,848
79$167,579,341$48,051,223$32,839,402$130,058,912
80$184,605,810$50,339,109$33,872,899$142,368,302
81$203,366,880$52,737,003$34,938,918$155,900,123
82$224,039,415$55,250,229$36,038,485$170,777,872
83$246,818,315$57,884,371$37,172,654$187,137,599
84$271,918,360$60,645,282$38,342,515$205,129,184
85$299,576,234$63,539,101$39,549,190$224,917,747
86$330,052,760$66,572,267$40,793,838$246,685,199
87$363,635,363$69,751,531$42,077,654$270,631,954
88$400,640,785$73,083,971$43,401,870$296,978,815
89$441,418,071$76,577,010$44,767,758$325,969,050
90$486,351,865$80,238,435$46,176,629$357,870,680
91$535,866,044$84,076,407$47,629,835$392,979,006
92$590,427,718$88,099,488$49,128,772$431,619,383
93$650,551,637$92,316,655$50,674,878$474,150,289
94$716,805,056$96,737,323$52,269,638$520,966,696
95$789,813,083$101,371,364$53,914,582$572,503,794
96$870,264,587$106,229,131$55,611,291$629,241,085
97$958,918,698$111,321,481$57,361,392$691,706,907
98$1,056,611,973$116,659,801$59,166,566$760,483,403
99$1,164,266,294$122,256,031$61,028,546$836,212,015
100$1,282,897,572$128,122,693$62,949,119$919,599,523