Can I retire at age 55 with 15,400,000?

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 $15,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,210,666
2 years$629,563$617,838$606,475$595,457$584,770$567,322
3 years$415,540$403,764$392,429$381,515$371,002$354,000
4 years$308,549$296,809$285,588$274,860$264,602$248,177
5 years$244,371$232,702$221,628$211,119$201,146$185,346
6 years$201,600$190,019$179,108$168,834$159,160$144,004
7 years$171,061$159,577$148,840$138,807$129,440$114,932
8 years$148,168$136,787$126,228$116,442$107,383$93,522
9 years$130,371$119,098$108,720$99,183$90,432$77,211
10 years$116,142$104,979$94,785$85,497$77,052$64,462
11 years$104,507$93,457$83,447$74,408$66,268$54,296
12 years$94,819$83,882$74,057$65,265$57,426$46,058
13 years$86,627$75,805$66,165$57,620$50,077$39,297
14 years$79,612$68,904$59,450$51,148$43,897$33,689
15 years$73,538$62,945$53,675$45,615$38,650$28,997
16 years$68,228$57,751$48,664$40,844$34,159$25,042
17 years$63,548$53,187$44,283$36,698$30,288$21,687
18 years$59,392$49,147$40,424$33,072$26,931$18,827
19 years$55,678$45,549$37,006$29,883$24,004$16,378
20 years$52,340$42,326$33,963$27,065$21,441$14,272
21 years$49,323$39,425$31,239$24,563$19,187$12,456
22 years$46,585$36,802$28,792$22,334$17,198$10,885
23 years$44,088$34,420$26,584$20,340$15,438$9,524
24 years$41,803$32,249$24,586$18,551$13,876$8,340
25 years$39,704$30,264$22,771$16,942$12,487$7,310
26 years$37,769$28,444$21,119$15,491$11,247$6,412
27 years$35,981$26,769$19,611$14,179$10,141$5,628
28 years$34,323$25,224$18,231$12,991$9,150$4,943
29 years$32,783$23,796$16,966$11,913$8,262$4,343
30 years$31,348$22,473$15,803$10,933$7,465$3,818
31 years$30,008$21,244$14,732$10,041$6,749$3,358
32 years$28,754$20,101$13,746$9,228$6,105$2,954
33 years$27,579$19,036$12,834$8,486$5,525$2,599
34 years$26,475$18,042$11,992$7,808$5,003$2,288
35 years$25,437$17,113$11,211$7,188$4,531$2,014
36 years$24,459$16,242$10,488$6,620$4,105$1,773
37 years$23,535$15,427$9,817$6,099$3,721$1,562
38 years$22,663$14,661$9,193$5,622$3,373$1,376
39 years$21,837$13,941$8,613$5,183$3,059$1,212
40 years$21,054$13,264$8,073$4,781$2,775$1,068
41 years$20,312$12,626$7,570$4,411$2,517$941
42 years$19,606$12,024$7,101$4,071$2,284$829
43 years$18,936$11,457$6,663$3,758$2,073$731
44 years$18,297$10,921$6,254$3,470$1,882$644
45 years$17,689$10,414$5,873$3,204$1,708$568
46 years$17,109$9,934$5,516$2,960$1,551$500
47 years$16,555$9,481$5,182$2,735$1,408$441
48 years$16,026$9,050$4,869$2,527$1,279$389
49 years$15,520$8,643$4,577$2,335$1,162$343
50 years$15,036$8,256$4,303$2,159$1,055$302

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $15,400,000, adding $4,727 every year, while hoping to spend $36,305 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: 40/46/14 Blend
54$15,400,000$15,400,000$15,400,000$15,400,000
55$16,975,676$16,159,476$15,920,776$17,583,717
56$18,668,567$16,912,662$16,415,494$18,767,926
57$20,532,915$17,701,537$16,925,568$20,044,280
58$22,586,173$18,527,813$17,451,474$21,424,245
59$24,847,567$19,393,281$17,993,704$22,917,234
60$27,338,289$20,299,821$18,552,762$24,533,568
61$30,081,687$21,249,405$19,129,172$26,284,564
62$33,103,490$22,244,097$19,723,471$28,182,639
63$36,432,052$23,286,063$20,336,213$30,241,417
64$40,098,615$24,377,574$20,967,970$32,475,848
65$44,137,608$25,521,010$21,619,331$34,902,341
66$48,586,970$26,718,865$22,290,905$37,538,912
67$53,488,508$27,973,756$22,983,317$40,405,343
68$58,888,291$29,288,425$23,697,213$43,523,358
69$64,837,086$30,665,748$24,433,259$46,916,819
70$71,390,838$32,108,738$25,192,142$50,611,940
71$78,611,193$33,620,557$25,974,569$54,637,523
72$86,566,088$35,204,517$26,781,270$59,025,218
73$95,330,383$36,864,093$27,612,997$63,809,809
74$104,986,575$38,602,926$28,470,525$69,029,531
75$115,625,572$40,424,835$29,354,654$74,726,414
76$127,347,553$42,333,825$30,266,207$80,946,669
77$140,262,913$44,334,092$31,206,036$87,741,107
78$154,493,307$46,430,039$32,175,014$95,165,603
79$170,172,793$48,626,280$33,174,046$103,281,608
80$187,449,104$50,927,654$34,204,062$112,156,712
81$206,485,036$53,339,233$35,266,023$121,865,264
82$227,459,992$55,866,338$36,360,917$132,489,054
83$250,571,669$58,514,545$37,489,765$144,118,065
84$276,037,925$61,289,704$38,653,617$156,851,305
85$304,098,839$64,197,945$39,853,560$170,797,716
86$335,018,976$67,245,700$41,090,709$186,077,183
87$369,089,881$70,439,709$42,366,218$202,821,638
88$406,632,837$73,787,042$43,681,273$221,176,287
89$448,001,891$77,295,112$45,037,101$241,300,948
90$493,587,202$80,971,691$46,434,962$263,371,536
91$543,818,722$84,824,930$47,876,159$287,581,697
92$599,170,255$88,863,374$49,362,034$314,144,600
93$660,163,928$93,095,986$50,893,968$343,294,924
94$727,375,122$97,532,163$52,473,390$375,291,038
95$801,437,904$102,181,758$54,101,768$410,417,407
96$883,051,010$107,055,105$55,780,618$448,987,239
97$972,984,447$112,163,039$57,511,502$491,345,409
98$1,072,086,755$117,516,922$59,296,031$537,871,667
99$1,181,293,021$123,128,668$61,135,866$588,984,192
100$1,301,633,710$129,010,773$63,032,717$645,143,488