Can I retire at age 55 with 15,200,000?

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 $15,200,000?

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$1,255,202$1,244,021$1,233,113$1,222,466$1,212,069$1,174,681
2 years$621,387$609,814$598,598$587,724$577,176$539,835
3 years$410,143$398,520$387,333$376,560$366,184$330,062
4 years$304,542$292,955$281,879$271,291$261,166$226,538
5 years$241,198$229,680$218,750$208,377$198,534$165,495
6 years$198,982$187,551$176,782$166,641$157,093$125,672
7 years$168,840$157,505$146,907$137,005$127,759$97,953
8 years$146,243$135,011$124,589$114,930$105,988$77,778
9 years$128,678$117,551$107,308$97,895$89,257$62,613
10 years$114,633$103,616$93,554$84,386$76,052$50,933
11 years$103,150$92,243$82,363$73,441$65,407$41,771
12 years$93,587$82,792$73,095$64,418$56,680$34,477
13 years$85,502$74,820$65,306$56,871$49,426$28,603
14 years$78,578$68,009$58,678$50,484$43,327$23,829
15 years$72,583$62,128$52,978$45,023$38,148$19,919
16 years$67,342$57,001$48,032$40,313$33,716$16,697
17 years$62,722$52,496$43,707$36,221$29,895$14,029
18 years$58,621$48,509$39,899$32,642$26,581$11,809
19 years$54,955$44,957$36,526$29,495$23,692$9,957
20 years$51,660$41,776$33,522$26,714$21,162$8,406
21 years$48,683$38,913$30,833$24,244$18,938$7,105
22 years$45,980$36,324$28,418$22,044$16,975$6,011
23 years$43,515$33,973$26,239$20,076$15,238$5,089
24 years$41,260$31,831$24,266$18,310$13,696$4,311
25 years$39,188$29,871$22,476$16,722$12,324$3,655
26 years$37,279$28,074$20,845$15,290$11,101$3,100
27 years$35,514$26,421$19,356$13,995$10,009$2,630
28 years$33,877$24,897$17,994$12,822$9,031$2,232
29 years$32,357$23,487$16,745$11,758$8,155$1,895
30 years$30,941$22,181$15,598$10,791$7,368$1,609
31 years$29,618$20,968$14,541$9,911$6,662$1,367
32 years$28,381$19,840$13,567$9,108$6,026$1,161
33 years$27,221$18,789$12,668$8,376$5,454$986
34 years$26,132$17,808$11,836$7,707$4,938$838
35 years$25,107$16,890$11,066$7,094$4,472$712
36 years$24,141$16,032$10,352$6,534$4,052$605
37 years$23,230$15,226$9,689$6,020$3,672$515
38 years$22,368$14,470$9,073$5,549$3,329$437
39 years$21,553$13,760$8,501$5,116$3,019$372
40 years$20,781$13,091$7,968$4,719$2,739$316
41 years$20,048$12,462$7,471$4,354$2,485$269
42 years$19,352$11,868$7,008$4,018$2,254$228
43 years$18,690$11,308$6,576$3,709$2,046$194
44 years$18,060$10,779$6,173$3,425$1,857$165
45 years$17,459$10,279$5,796$3,163$1,686$140
46 years$16,887$9,805$5,444$2,922$1,531$119
47 years$16,340$9,357$5,115$2,699$1,390$102
48 years$15,818$8,933$4,806$2,494$1,262$86
49 years$15,318$8,530$4,518$2,305$1,147$73
50 years$14,841$8,149$4,247$2,131$1,041$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $15,200,000, adding $4,175 every year, while hoping to spend $51,403 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: 53/37/10 Blend
54$15,200,000$15,200,000$15,200,000$15,200,000
55$16,754,707$15,949,107$15,713,507$17,599,746
56$18,408,994$16,675,920$16,185,217$18,901,256
57$20,230,296$17,436,625$16,671,006$20,310,594
58$22,235,594$18,232,828$17,171,293$21,842,678
59$24,443,600$19,066,211$17,686,506$23,509,132
60$26,874,931$19,938,539$18,217,087$25,322,730
61$29,552,307$20,851,661$18,763,493$27,297,507
62$32,500,764$21,807,514$19,326,192$29,448,885
63$35,747,889$22,808,129$19,905,666$31,793,815
64$39,324,079$23,855,633$20,502,412$34,350,928
65$43,262,833$24,952,257$21,116,941$37,140,707
66$47,601,063$26,100,338$21,749,779$40,185,674
67$52,379,443$27,302,326$22,401,468$43,510,592
68$57,642,794$28,560,788$23,072,565$47,142,693
69$63,440,507$29,878,415$23,763,644$51,111,928
70$69,827,009$31,258,028$24,475,296$55,451,241
71$76,862,275$32,702,582$25,208,129$60,196,872
72$84,612,394$34,215,175$25,962,769$65,388,689
73$93,150,195$35,799,056$26,739,859$71,070,555
74$102,555,934$37,457,629$27,540,063$77,290,734
75$112,918,047$39,194,461$28,364,063$84,102,334
76$124,333,990$41,013,291$29,212,561$91,563,800
77$136,911,156$42,918,041$30,086,281$99,739,450
78$150,767,888$44,912,820$30,985,966$108,700,079
79$166,034,599$47,001,934$31,912,381$118,523,604
80$182,854,998$49,189,898$32,866,316$129,295,796
81$201,387,451$51,481,447$33,848,581$141,111,070
82$221,806,473$53,881,540$34,860,011$154,073,367
83$244,304,378$56,395,380$35,901,465$168,297,115
84$269,093,088$59,028,417$36,973,828$183,908,299
85$296,406,141$61,786,367$38,078,010$201,045,631
86$326,500,890$64,675,223$39,214,946$219,861,844
87$359,660,936$67,701,263$40,385,602$240,525,115
88$396,198,800$70,871,074$41,590,968$263,220,634
89$436,458,879$74,191,558$42,832,067$288,152,333
90$480,820,692$77,669,951$44,109,948$315,544,794
91$529,702,464$81,313,840$45,425,692$345,645,340
92$583,565,075$85,131,179$46,780,414$378,726,356
93$642,916,412$89,130,305$48,175,256$415,087,833
94$708,316,157$93,319,961$49,611,398$455,060,175
95$780,381,078$97,709,312$51,090,053$499,007,293
96$859,790,846$102,307,967$52,612,468$547,330,016
97$947,294,453$107,125,998$54,179,927$600,469,842
98$1,043,717,284$112,173,969$55,793,751$658,913,083
99$1,149,968,906$117,462,952$57,455,301$723,195,418
100$1,267,051,656$123,004,559$59,165,975$793,906,925