Can I retire at age 55 with 15,300,000?

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 $15,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,177,224
2 years$625,475$613,826$602,537$591,591$580,973$538,282
3 years$412,841$401,142$389,881$379,038$368,593$327,373
4 years$306,545$294,882$283,734$273,075$262,884$223,449
5 years$242,784$231,191$220,189$209,748$199,840$162,295
6 years$200,291$188,785$177,945$167,737$158,127$122,499
7 years$169,950$158,541$147,873$137,906$128,599$94,883
8 years$147,205$135,899$125,408$115,686$106,686$74,853
9 years$129,524$118,325$108,014$98,539$89,845$59,854
10 years$115,387$104,297$94,169$84,941$76,552$48,353
11 years$103,829$92,850$82,905$73,924$65,837$39,373
12 years$94,203$83,337$73,576$64,842$57,053$32,262
13 years$86,065$75,312$65,735$57,245$49,752$26,566
14 years$79,095$68,457$59,064$50,816$43,612$21,963
15 years$73,060$62,537$53,326$45,319$38,399$18,217
16 years$67,785$57,376$48,348$40,578$33,937$15,149
17 years$63,135$52,841$43,995$36,459$30,091$12,626
18 years$59,006$48,828$40,162$32,857$26,756$10,541
19 years$55,316$45,253$36,766$29,689$23,848$8,814
20 years$52,000$42,051$33,742$26,889$21,302$7,379
21 years$49,003$39,169$31,036$24,404$19,062$6,184
22 years$46,282$36,563$28,605$22,189$17,087$5,187
23 years$43,802$34,197$26,411$20,208$15,338$4,354
24 years$41,531$32,040$24,426$18,431$13,786$3,656
25 years$39,446$30,068$22,623$16,832$12,405$3,072
26 years$37,524$28,259$20,982$15,390$11,174$2,583
27 years$35,747$26,595$19,484$14,087$10,075$2,172
28 years$34,100$25,060$18,113$12,907$9,091$1,827
29 years$32,570$23,642$16,855$11,836$8,209$1,537
30 years$31,144$22,327$15,700$10,862$7,417$1,293
31 years$29,813$21,106$14,637$9,976$6,706$1,089
32 years$28,568$19,971$13,656$9,168$6,066$916
33 years$27,400$18,913$12,751$8,431$5,489$772
34 years$26,304$17,925$11,914$7,757$4,970$650
35 years$25,272$17,002$11,139$7,141$4,502$547
36 years$24,300$16,137$10,420$6,577$4,079$461
37 years$23,383$15,326$9,753$6,060$3,697$388
38 years$22,516$14,566$9,133$5,585$3,351$327
39 years$21,695$13,850$8,557$5,150$3,039$275
40 years$20,918$13,178$8,020$4,750$2,757$232
41 years$20,180$12,544$7,520$4,382$2,501$195
42 years$19,479$11,946$7,054$4,044$2,269$164
43 years$18,813$11,382$6,620$3,734$2,059$139
44 years$18,179$10,850$6,214$3,447$1,869$117
45 years$17,574$10,346$5,834$3,184$1,697$98
46 years$16,998$9,870$5,480$2,941$1,541$83
47 years$16,448$9,419$5,148$2,717$1,399$70
48 years$15,922$8,992$4,838$2,511$1,271$59
49 years$15,419$8,587$4,547$2,320$1,154$50
50 years$14,938$8,202$4,275$2,145$1,048$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $15,300,000, adding $3,065 every year, while hoping to spend $32,433 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: 77/14/9 Blend
54$15,300,000$15,300,000$15,300,000$15,300,000
55$16,863,762$16,052,862$15,815,712$18,137,918
56$18,549,357$16,804,943$16,311,029$19,728,067
57$20,405,796$17,592,790$16,821,853$21,466,643
58$22,450,470$18,418,120$17,348,669$23,371,940
59$24,702,545$19,282,735$17,891,976$25,460,530
60$27,183,138$20,188,522$18,452,291$27,750,660
61$29,915,521$21,137,463$19,030,146$30,262,416
62$32,925,338$22,131,632$19,626,089$33,017,914
63$36,240,847$23,173,207$20,240,688$36,041,504
64$39,893,187$24,264,468$20,874,524$39,359,999
65$43,916,673$25,407,807$21,528,202$43,002,923
66$48,349,117$26,605,734$22,202,340$47,002,789
67$53,232,189$27,860,876$22,897,580$51,395,399
68$58,611,804$29,175,991$23,614,581$56,220,183
69$64,538,564$30,553,970$24,354,025$61,520,565
70$71,068,226$31,997,843$25,116,613$67,344,367
71$78,262,235$33,510,788$25,903,070$73,744,264
72$86,188,303$35,096,136$26,714,143$80,778,268
73$94,921,044$36,757,381$27,550,601$88,510,280
74$104,542,683$38,498,185$28,413,238$97,010,681
75$115,143,829$40,322,389$29,302,875$106,356,998
76$126,824,333$42,234,019$30,220,354$116,634,627
77$139,694,227$44,237,298$31,166,548$127,937,637
78$153,874,765$46,336,653$32,142,354$140,369,651
79$169,499,567$48,536,725$33,148,700$154,044,819
80$186,715,881$50,842,383$34,186,539$169,088,890
81$205,685,971$53,258,729$35,256,858$185,640,392
82$226,588,649$55,791,117$36,360,672$203,851,938
83$249,620,967$58,445,156$37,499,030$223,891,652
84$275,000,069$61,226,733$38,673,011$245,944,757
85$302,965,249$64,142,016$39,883,730$270,215,314
86$333,780,206$67,197,476$41,132,336$296,928,137
87$367,735,531$70,399,897$42,420,014$326,330,914
88$405,151,457$73,756,394$43,747,987$358,696,532
89$446,380,875$77,274,426$45,117,513$394,325,646
90$491,812,669$80,961,817$46,529,894$433,549,511
91$541,875,385$84,826,770$47,986,470$476,733,094
92$597,041,280$88,877,888$49,488,622$524,278,517
93$657,830,776$93,124,190$51,037,777$576,628,836
94$724,817,376$97,575,136$52,635,403$634,272,218
95$798,633,077$102,240,646$54,283,018$697,746,535
96$879,974,336$107,131,123$55,982,184$767,644,432
97$969,608,645$112,257,475$57,734,514$844,618,910
98$1,068,381,777$117,631,141$59,541,670$929,389,475
99$1,177,225,769$123,264,118$61,405,367$1,022,748,921
100$1,297,167,724$129,168,985$63,327,372$1,125,570,795